The Man Company posts Rs 185 cr revenues in FY24

Leading men’s grooming brand, The Man Company (TMC), has posted the financial results with revenues at Rs 185 crore for the fiscal year ending March 31, 2024, with 70% of its revenues coming from e-commerce channels, including major online marketplaces and the brand’s own website.

The company also marked a notable 7.7% (Rs 14+ crore) EBITDA for FY24, signaling its robust financial health. Overall, TMC revenues have grown at a compounded annual growth rate (CAGR) of 55% since inception.

With a lifetime external funding of close to Rs 75 crore with Emami Ltd being a strategic investor, the company has registered cumulative revenues exceeding Rs 500 crore.

Key Achievements in FY24

Impressive Net Revenue: TMC reported a net revenue of Rs 185 crore, reflecting a robust growth trajectory.

Strong EBITDA Performance: The company achieved a 7.7% (Rs 14+ crore) EBITDA, demonstrating strong financial health.

E-commerce Dominance: 70% of TMC’s revenue is derived from e-commerce (marketplaces and website)

Capital Efficiency: With a lifetime funding of Rs 75 crore, The Man Company achieved a cumulative revenue exceeding Rs 500 crore.