JHS Svendgaard is in focus on back of good performance in the first quarter of FY18. The revenues in Q1 were up 24.5 percent at Rs 29.75 crore versus TRs 23.9 crore. Gross Margins too were up at 36.4 percent versus 30.9 percent.
The company manufacturers range of oral and dental products both for national and international brand. The company also sells in-house brand of toothpaste and tooth brushes.
Nikhil Nanda, MD of JHS Svendgaard said the revenue mix between toothpaste and toothbrush is 50-50 percent but Q3 onwards more revenues will come in from toothpaste due to new facility in that product.
He said 15 percent of revenues comes from our own brands. Kids' category seems to be growing faster than the overall categories and so focus would be on that, he added.
The company aims to focus on their own brands and take the revenue contribution to 50 percent in next three years. However, contract manufacturing business will also grow along with it, he said.
Expect to see 30 percent CAGR with focus on development of different innovative products in Kids and other categories.
The company being a north based one, they started with that region then expanded to East India but in current year would expand to west and south of India. Soon the new products would be available in A-class outlets, he said.
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