Back
Jayant Mundhra
ย โขย
Dexter Capital Advisorsย โขย 3h
Dmartโs pharmacy foray is something that has zero media coverage ๐ ๐ And the pilot figures should be raising a lot of noise. Crazy details, shared below. .. See, they have set up a subsidiary - Reflect Healthcare and Retail Private Limited (RHRPL). This unit is strictly focused on "operating pharmacy stores". It is a highly strategic market adjacent to grocery. But, most investors ignore it. They treat it as a rounding error. After all, the numbers are small for now. However, the trajectory confirms that serious scaling is underway. .. Here is the data that should grab the attention of every analyst and healthcare investor: - Revenue Explosion: In FY25, the revenue surged 4x. It went from a tiny โน3.16 cr in FY24 to ~โน13 cr in FY25. Proof that the pilot is accelerating - Calculated Burn: The loss widened to โน2.45 cr (up from ~โน0.7 cr). But, parent company has has doubled its direct investment in RHRPL's equity. Meaning, DMart is injecting cash to validate the model And most important of all - There is now a "Head, Pharmacy Business" in the Senior Leadership Team. .. Why does this matter? Cuz DMart never does "experiments" just for fun. - This is a classic DMart-style market entry. They use a lean, loss-making pilot to patiently stress-test the supply chain - They are figuring out if their famous EDLP (Everyday Low Price) ethos can be applied to high-margin prescription drugs Think about the strategic leverage here. Pharma is a fragmented market with fat margins. DMart already owns the real estate. They already have the footfall. If they add a pharmacy counter, their marginal cost on rent is nearly zero. Competitors like Medplus and Apollo run on high opex rentals. DMart runs on owned assets and a ruthless supply chain. .. This is the "Cost Moat" in action. If this model proves successful at scale, DMart instantly becomes a serious threat to traditional, as well as new-age chemist stores. And more importantly, this shows management's intent to disrupt new verticals once the core retail cluster is established. Anyhow, tell me - did you know this before?
More like this
Recommendations from Medial
gray man
I'm just a normal gu...ย โขย 6m
Fintech major PB Fintechโs consolidated profit after tax (PAT) zoomed 2.8X to INR 170.7 Cr in Q4 FY25 from INR 60.2 Cr in the year-ago quarter. On a sequential basis, the companyโs profit jumped 2.3X from INR 71.5 Cr in Q3 FY25. The PolicyBazaar par
See More
gray man
I'm just a normal gu...ย โขย 6m
Delhivery ends FY25 on a high note, achieving profitability in every quarter and reporting a strong consolidated net profit of INR 72.6 Cr in Q4 FY25. This marks a significant turnaround from the INR 68.5 Cr loss reported in the same period last year
See More
gray man
I'm just a normal gu...ย โขย 6m
Airtel Payments Bankโs consolidated net profit jumped 82.6% to INR 63 Cr in the financial year ended March 31, 2025 (FY25) from INR 34.5 Cr in the previous fiscal year, driven by strong adoption of digital banking solutions. In Q4 FY25, its profit i
See More
gray man
I'm just a normal gu...ย โขย 7m
Ecommerce SaaS company Unicommerce reported a 17% uptick in its consolidated net profit at INR 3.4 Cr in Q4 FY25 from INR 2.9 Cr in the same period last year. However, the companyโs profit slumped 46% quarter-on-quarter (QoQ) from INR 6.3 Cr. The to
See More
gray man
I'm just a normal gu...ย โขย 6m
Dronetech company IdeaForge reported its third consecutive loss-making quarter in FY25. The company reported a consolidated net loss of INR 25.7 Cr in Q4 FY25, up 7% from INR 24 Cr loss it reported in the previous quarter. ideaForge had posted a net
See More
gray man
I'm just a normal gu...ย โขย 6m
Vedantu, the edtech startup, has announced its profitability in the fourth quarter of fiscal year 2024-25 (Q4 FY25). According to cofounder and CEO Vamsi Krishna, the company's collections saw a significant 67% year-over-year (YoY) increase, reaching
See More
Mridul Das
Introvert!ย โขย 8m
๐Good for Sanjeev Kapoor's Wonderchef.in as it has turned profitable in FY24๐ฅ, posting a net profit of โน1.6 Cr after a loss of โน51.8 Cr๐ป in FY23. Revenue surged 20% to โน377.7 Cr, driven by innovative kitchen appliances & global reach ๐. Founded
See More
Download the medial app to read full posts, comements and news.