Rockingdeals Circular Economy Limited — Important, 13-01-2025: General Updates

Rockingdeals Circular Economy Limited reported a fulfilling Q3 FY25, achieving consolidated revenue nearly equal to the first half of the fiscal year. Profit margins remained consistent, around 15% PAT, and the company anticipates an impressive year-on-year profit after tax growth of 80-100% for FY25, bolstered by a strong pipeline of deals for the seasonally vibrant fourth quarter. Key developments include the opening of a company-owned store in Tughlakabad Metro Station, a franchise store in Himachal Pradesh, and an exclusive partnership with Livpure for the sale of refurbished water purifiers. The integration of franchise and retail operations is ongoing, with plans to open three additional franchise stores and launch operations in Dubai in the fourth quarter. The company expects to secure its e-waste recycling license by the end of FY25. The preferential issue has garnered significant investor interest, setting the stage for substantial long-term growth, with ambitions to reach revenue of ₹400-500 Cr by FY27 and a PAT margin of 10-15%.