Leading consumer lifestyle brand focused on authentic craft-based products made using sustainable materials & practices
Targets people who desire high-quality Indian lifestyle and organic products
Sustainable business model which prioritizes the interests of Supplier Community
Established supplier network and supply chain infrastructure
Offers products through multiple channels for seamless customer experience
Managed by a highly experienced team of professionals led by the founder
Capital efficient business model (good investment to expense ratio), with a track record of delivering growth and return on capital
Growth of online retailers may create pricing pressures, increase competition, and adversely affect business, results of operations and financial condition.
Significant dependence on a network of Contract Manufacturers (who in turn engage artisans) and farmers for the manufacture of products.
Significant portion of revenues is dependent on the sale of clothing.
Sale of certain products affected due to seasonal changes.
Outstanding litigation proceedings against Company, Directors, Promoters and Subsidiaries.
Some part of revenue comes from sales at retail franchise stores, failure to maintain such franchise relationships may affect sales, profits.
Focus on using sustainable materials and environmentally processes may lead to increase in the cost of revenue and hinder growth.
Dependent on third-party transportation providers for the delivery of raw materials and products.
Have certain contingent liabilities that have not been provided for in financial statements. If they materialise, they may adversely affect the financial condition.
Have had net outflows of cash from operating activities in the past and may continue to have net cash outflows in future.