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Womancart Ltd

WOMANCART
NSE
126.00
16.20%
Last Updated:
30 Apr '26, 4:00 PM
Company Overview
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Womancart Ltd

WOMANCART
NSE
126.00
16.20%
30 Apr '26, 4:00 PM
Company Overview
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6M
Price
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Quick Ratios

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Mkt Cap
Market Capitalization
102Cr
Close
Close Price
126.00
Industry
Industry
Trading
PE
Price To Earnings
12.10
PS
Price To Sales
0.76
Revenue
Revenue
134Cr
Rev Gr TTM
Revenue Growth TTM
126.17%
PAT Gr TTM
PAT Growth TTM
12.80%
Peer Comparison
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WOMANCART
VS

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterSep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Revenue
RevenueCr
27111922375084
Growth YoY
Revenue Growth YoY%
352.6155.9107.498.6126.8125.8
Expenses
ExpensesCr
2791717323977
Operating Profit
Operating ProfitCr
012255117
OPM
OPM%
10.38.215.311.021.314.122.28.1
Other Income
Other IncomeCr
00000101
Interest Expense
Interest ExpenseCr
00000111
Depreciation
DepreciationCr
00001133
PBT
PBTCr
012245117
Tax
TaxCr
00001122
PAT
PATCr
00123553
Growth YoY
PAT Growth YoY%
925.0302.5116.3181.499.3-38.0
NPM
NPM%
5.15.511.68.612.112.210.63.4
EPS
EPS
0.00.00.04.05.88.57.23.2

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2023Mar 2024Mar 2025Mar 2026
Revenue
RevenueCr
102959134
Growth
Revenue Growth%
203.8101.8126.2
Expenses
ExpensesCr
92649116
Operating Profit
Operating ProfitCr
141018
OPM
OPM%
8.612.616.813.4
Other Income
Other IncomeCr
0012
Interest Expense
Interest ExpenseCr
0012
Depreciation
DepreciationCr
0016
PBT
PBTCr
13912
Tax
TaxCr
0114
PAT
PATCr
1378
Growth
PAT Growth%
453.6153.112.8
NPM
NPM%
5.39.712.26.1
EPS
EPS
4.68.814.510.1

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2023Mar 2024Mar 2025
Equity Capital
Equity CapitalCr
146
Reserves
ReservesCr
21260
Current Liabilities
Current LiabilitiesCr
2921
Non Current Liabilities
Non Current LiabilitiesCr
101
Total Liabilities
Total LiabilitiesCr
62691
Current Assets
Current AssetsCr
52472
Non Current Assets
Non Current AssetsCr
1319
Total Assets
Total AssetsCr
62691

Cash Flow

Consolidated
Standalone
Financial YearMar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
0-10-27-44
Investing Cash Flow
Investing Cash FlowCr
-1-2-25-3
Financing Cash Flow
Financing Cash FlowCr
0165845
Net Cash Flow
Net Cash FlowCr
046-2
Free Cash Flow
Free Cash FlowCr
0-12-40
CFO To PAT
CFO To PAT%
95.0-345.5-368.9-539.1
CFO To EBITDA
CFO To EBITDA%
58.7-266.3-267.5-244.8

Ratios

Consolidated
Standalone
Financial YearMar 2023Mar 2024Mar 2025Mar 2026
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
051210108
Price To Earnings
Price To Earnings
0.017.929.215.6
Price To Sales
Price To Sales
0.01.73.50.8
Price To Book
Price To Book
0.03.13.11.1
EV To EBITDA
EV To EBITDA
0.614.321.5
Profitability Ratios
Profitability Ratios
GPM
GPM%
25.847.142.828.3
OPM
OPM%
8.612.616.813.4
NPM
NPM%
5.39.712.26.1
ROCE
ROCE%
16.816.412.0
ROE
ROE%
16.317.210.8
ROA
ROA%
9.310.87.9
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** **Womancart Limited** is a fast-growing, digital-first, omnichannel retail platform focused on women’s fashion and lifestyle products. The company operates both online and offline, offering curated, woman-centric products across ethnic and western wear, beauty, wellness, accessories, home décor, and personal care. With a mission to redefine convenience and inclusivity in retail, Womancart positions itself as India’s first **quick-commerce platform for women’s fashion**, offering **2-hour delivery** in select cities. --- ### **Business Model & Operations** #### **Omnichannel Retail Presence** - **Online Channels**: Operates through its primary website [womancart.in](https://womancart.in), mobile apps, and third-party marketplaces (Amazon, Flipkart, Meesho, Dhani) via five subsidiaries. - **Offline Channels**: Runs exclusive **WomanCart** and premium **WomanCart LUXE** stores in Delhi NCR and Tier-I/II cities, averaging 500 sq. ft. Recent flagship LUXE stores (e.g., Kohat Enclave, New Delhi) span over 1,000 sq. ft., serving as bridal and luxury destinations. - **Franchise Model**: Actively expanding via a franchise model requiring ₹55–70 lakhs investment for 400–600 sq. ft. outlets across North India. Campaigns via TOI, cinema ads, and targeted outreach promote this opportunity, projecting ROI of **70–80%**. #### **Global Expansion** - In **May 2025**, Womancart launched operations in **Australia** through a wholly-owned subsidiary: **WomanCart Pty Ltd**. - Localized e-commerce platform: [womancart.com.au](https://womancart.com.au), offering clothing, jewelry, nightwear, footwear, and crockery. - Sales supported via online platform and **WhatsApp-based offline sales**, with an **easy return policy** to ensure customer trust in the new market. - Plans to scale private-label brands internationally and launch a dedicated mobile app in Australia. --- ### **Core Offerings & Product Portfolio** #### **Product Categories** Womancart offers **12,000+ SKUs**, a significant expansion from 10,000 in 2024, combining third-party brands and **in-house private labels**. Key categories include: - Ethnic & Bridal Wear - Western Wear & Loungewear - Cosmetics, Skincare & Haircare - Imitation Jewelry & Accessories - Footwear - Home & Lifestyle (crockery, kitchenware, décor) - Fragrance & Wellness #### **Private-Label Brands (Homegrown Portfolio)** - **Sayda Jewels**: Artificial jewelry (kundan, oxidized, American diamond) - **Faeezah**: Occasion wear and premium loungewear - **Feya**: Hair accessories and affordable western wear - **Wondercurve**: Inclusive lingerie with wide size range - **Blluex**: Stylish, innovative kitchen and dining essentials (expanded May 2025 with luxury items) - **Heeley**: Comfortable woman footwear (jutis, boots) - **Kattly**: Sleepwear (added Dec 2024) - **Miraaye**: Launched **June 2025**, premium fragrance brand (candles, incense, room fresheners) inspired by Meera Bai; priced ₹500–1,500 > Miraaye signals Womancart’s strategic shift into **lifestyle and sensory wellness**, enhancing its **holistic woman-care ecosystem**. --- ### **Key Strategic Initiatives (FY 2024–2025)** | Initiative | Details | |---------|---------| | **Technology & UX Enhancement** | Upgraded UI, AI-powered personalized recommendations, and seamless checkout experience. | | **Inventory-Led Fulfillment** | Ensures faster delivery, reduces stockouts, and improves availability. Centralized 18,000 sq. ft. warehouse in Delhi NCR supports logistics. | | **Quick-Commerce Leadership** | 2-hour fashion delivery in **Delhi NCR and Jaipur**, covering apparel, beauty, jewelry, footwear, and home essentials. First mover in women’s fashion quick-commerce. | | **Expansion of Womancart LUXE** | Focus on premium bridal and luxury collections (products up to ₹3 lakhs), including **bridal footwear**—a market innovation. Endless aisle and hyperlocal delivery offered in-store. | | **Entry into Health & Wellness** | Partnership with **Jeena Sikho** (July 2025) to offer chemical-free Ayurvedic wellness products with 2-hour delivery in select cities. | --- ### **Financial Highlights (FY25)** - **Revenue**: ₹59.11 Crore - **EBITDA Margin**: 16.8% - **PAT Margin**: 12.2% - **ROCE**: 22.4% - **Social Media Engagement**: 24,500+ followers across brand pages - Operates across **12+ stores and warehouses** > Revenue historically driven by **Health & Wellness (39–49%)** and **Skin & Hair Care**, with **Makeup (23–30%)** and **Fragrance + Jewelry (18–23%)** contributing significantly. **Ethnic & Bridal Wear** has emerged as a top performer, especially during wedding seasons. --- ### **Subsidiaries & Organizational Structure** Womancart Limited is the **holding company** for five operational subsidiaries: 1. MSV Retail Fashions Private Limited 2. MSV Prompt Shop Private Limited 3. MSV Beautyy Shop Private Limited 4. Varadda Overseas Private Limited 5. MSV E-commerce Private Limited These entities manage marketplace operations, inventory distribution, and international logistics. **Key Affiliated Entities** influenced by leadership: - AM 2 PM Services - Shree Krishna Sales - The Family Store - Will to Wwin - Madhu Sudan & Co --- ### **Distribution & Fulfillment Strategy** - **Inventory-led model**: Ensures reliable stock availability and rapid fulfillment. - **Unified inventory system**: Integrates online and offline channels for “endless aisle” shopping. - **Faster logistics**: 2-hour deliveries enabled via localized warehouses and optimized last-mile networks. - **Easy returns** accepted across online and physical touchpoints.