Management Guidance given in Q2FY25.
• Volume Growth:
The company expects volume growth of 15-18% for FY25, driven by new store openings and organic growth from existing stores.
• Store Expansion:
Cantabil plans to open 70-80 new stores in FY25, with a mix of company-owned and franchise stores. This includes the 11 stores already opened in Q1 FY25.
• Same-Store Sales Growth (SSG):
Management expects 4-5% of overall growth to come from same-store sales (SSG), with the rest from new stores and slight increases in e-commerce.
• EBITDA Margin:
They expect to maintain their EBITDA margin at around 27-28% (post-Ind AS), supported by cost control and higher sales volumes.
• Geographical Expansion:
The company plans to focus on expanding within its current territories for the next two years before considering entry into new markets like South India.
| Subscribe To Our Free Newsletter |
