Rockingdeals Circular Economy Limited — Important, 30-12-2024: General Updates

Rockingdeals Circular Economy Limited plans to invest ₹100 crore over the next year to enhance its growth strategy, targeting ₹400-500 crore in revenue by FY27, with projected profit after tax (PAT) margins of 10-15%. The investment will be allocated across several initiatives, including expanding international operations and establishing new supply hubs, increasing its retail presence from 24 locations.

Key areas of focus include strengthening its presence in the East Zone, bolstering working capital for growing demand, and launching an e-waste recycling facility in Faridabad with a capacity of 1 metric ton per day, expanding to 2 tons later. Additionally, the company plans to develop infrastructure for Dubai operations and enhance warehousing in South and West India. The strategic expansion aims to reach over 100 retail touchpoints by FY27, underscoring a positive outlook in the circular economy sector. This robust investment reflects the company’s commitment to sustainable practices and growth opportunities.