FY2022-23 AGM Notes:
competition is very intense.
11-12% promotional and marketing expenditure as percentage of sales
Promotional expenses:
Pooja Hegde as brand ambassador
meta-ads and google search ads.
promotion in offline stores ( Vijay sales, Croma, Reliance)
focus on make in India product.
in house manufacturing
no comments on Mathew c as a board member
online is 80% business.
sold 40 lacs Pisces during the years.
Right of use assets includes (2 manufacturing Wearhouse in Hyderabad)
Average revenue per product around 375
180000 Pieces one shift manufacturing capacity
Target is to double the manpower will increase manufacturing capacity.
currently we import PCBs, in future target is to be manufacturing in local.
Material cost was 50% as percentage of sales befor 2021 becouses of B2C business model
Currently material cost is arround 70% becouse change in business model from B2C to B2B
| Subscribe To Our Free Newsletter |
