bombay shaving company revenue review

1 year ago 30
Nature

The Bombay Shaving Company is a premium personal care and grooming solutions brand with a portfolio of shaving cream, haircare, skincare, and beard care products. The company generated Rs 37.7 crore of operating revenue during FY21, increasing 114.2% from Rs 17.6 crore in FY20. Most of the companys revenue comes from the sale of products that include trimmers, skincare, beard care products, and more. The company also earned Rs 76 lakh as non-operating revenue that includes profit on mutual funds, interest income, and forex gains.

Positive aspects of the companys products include that they are natural and do not contain harmful ingredients like parabens, phthalates, heavy metals, propylene glycol, etc. . Customers receive comprehensive information about the ingredients used in each blend and their specific benefits, fostering trust among wellness.

Negative aspects of the companys financials include that the companys net loss widened 3X to INR 42.92 Cr in FY22 from INR 14.51 Cr due to the rise in expenses. The companys total expenses rose to INR 144.72 Cr, with marketing expenses surging 5.4X to INR 36.64 Cr.

Ingredients or materials used in the companys products are not mentioned in the search results.