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Yes Madam nears Rs 100 Cr revenue in FY25; remains profitable

EntrackrEntrackr · 25d ago
Yes Madam nears Rs 100 Cr revenue in FY25; remains profitable
Medial

Yes Madam nears Rs 100 Cr revenue in FY25; remains profitable Home salon services platform Yes Madam reported strong financial performance for the fiscal year ended March 2025. The company doubled its operating revenue during the period to nearly Rs 100 crore while maintaining its profitability. Noida-based Yes Madam doubled its revenue from operations to Rs 92.5 crore in FY25 from Rs 45.8 crore in FY24, according to its financial statements filed with the Registrar of Companies (RoC). Founded in 2016, Yes Madam is an at-home services platform that allows users to book beauty, salon, and wellness services such as haircuts, facials, waxing, and massages through its app or website. The company connects customers with trained professionals who deliver these services at home and earns revenue through commissions on each booking. The sale of products accounted for 54% of the company’s operating revenue, which doubled to Rs 50 crore in FY25. The remaining revenue of Rs 42.5 crore came from the sale of services, including commission income, subscription, and royalty income. The company also earned Rs 2 crore from non-operating sources such as penalty charges and interest on fixed deposits, bringing total income to Rs 94.5 crore in the previous fiscal year. On the expense side, procurement of products was the largest expense, accounting for 34% of the total, nearly doubling to Rs 31.4 crore in FY25. Business promotion expenses increased 3.7X to Rs 27 crore. Employee benefits expenses rose 52% year-on-year to Rs 18.14 crore in FY25 from Rs 12 crore in FY24. Other overheads, such as IT expenses, cashbacks, professional and consultancy expenses, and rent, led the firm to double its overall expenditure to Rs 92.4 crore from Rs 45.5 crore in FY24. Yes Madam remained profitable in the fiscal year ended March 2025, reporting a profit of Rs 1.8 crore. Its ROCE and EBITDA margin stood at 2.29% and 0.57%, respectively. The company recorded cash and bank balances of Rs 5.5 crore, while its current assets stood at Rs 21.4 crore at the end of FY25.

Yesmadam Secures Rs 1.5 Crore Funding From Shark Tank India, Focuses On Fuelling Expansion And Growth

OutlookIndiaOutlookIndia · 2y ago
Yesmadam Secures Rs 1.5 Crore Funding From Shark Tank India, Focuses On Fuelling Expansion And Growth
Medial

Yesmadam, a salon-at-home brand, has secured Rs 1.5 crore funding from investors on Shark Tank India to fuel its expansion and growth plans. The investment, made by panelists including executives from boAt, Sugar Cosmetics, Lenskart, and OYO, will help Yesmadam enhance operational capabilities, penetrate deeper into the Indian market, and empower more service professionals from marginalized communities. The brand aims to leverage technology like AI to personalize interactions and optimize product recommendations. Yesmadam has served over 50 cities, facilitating over 2 million bookings, and is committed to democratizing premium salon experiences while empowering beauty professionals.

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