I was studying creative newtech, degarding their distribution business since it is just a trading business it has around 2-3% margins, the brands portfolio which they have are very premium and very good ratings on amazon, the sellers of these brands listed on amazon is not creative newtech so is it that they have no exclusivity with these brands or they sell to a firm which eventually sells D2C online and also are they supplying to any retailers such as croma, reliance retail etc. Also their head office in Mumbai has very bad google ratings, since they have signed an exclusive contract manufacturing deal with Honeywell they are able to command 15-20% EBITDA margins do they have any plans or are they doing contract manufacturing for any other brands?
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