DSIJ Mindshare

Talking about the financials, the company has a market cap of Rs 833 crore with a 3-year stock price CAGR of 193 per cent. According to the Quarterly Results, the net sales increased by 44.42 per cent to Rs 65.51 crore and net profit increased by 5.88 per cent to Rs 3.06 crore in Q3FY24 compared to Q3FY23. As of December 2023, promoters own a 48.81 per cent stake in the company, Domestic Institutional Investors (DIIs) own 2.48 per cent stake and the rest of the stake is owned by the general public i.e., 48.71 per cent.

During a recent conference call, the company shared its ambitious plans to expand its store count from the current 36 to 100 within the next two to two and a half years. The expansion strategy encompasses Tier 2 and Tier 3 cities, reflecting the company's belief in the broadening growth landscape of India beyond metropolitan areas

The shares of the company have an ROE of 42.7 per cent and an ROCE of 32 per cent.

Company is setting a course for a steady 30 per cent compounded annual growth rate (CAGR) over the upcoming four fiscal years. This growth will be propelled by expanding their current brands and introducing new ones into the mix.

We are still quite under-penetrated in terms of our stores, hence our focus is to increase the store footprint to become more accessible to our consumers, asserts Abhinav Kumar, CEO of Brand Concepts Ltd.