What we do Aspire & Innovative Advertising Ltd trades consumer durables including kitchen, home appliances, mobile phones, and solar products, catering mainly rural and semi-urban India under multiple leading brands. |
Founded in 2,017 |
Market share Commands significant presence in consumer durables retail across rural and semi-urban India with multiple renowned brands. |
Problem solved Provides a consolidated platform offering diverse branded products at varied price points, improving lifestyle accessibility in underserved markets. |
Top clients or who we serve Serves rural and semi-urban B2C customers across India seeking affordable, branded consumer durables and mobile accessories. |
Key management Mrs. Rinku Agarwalla (Whole Time Director & CFO), Mr. Nitesh Agarwalla (Managing Director) |
Our journey and innovations Incorporated in 2017; transitioned to public limited company in 2023; continuous expansion with multi-brand integrated offerings targeting niche markets. |
Where we operate Primarily India focusing on rural and semi-urban regions nationwide. |
Top products or what we offer Wide array of kitchen appliances, white goods, mobile phones and accessories from brands like Bajaj, Prestige, Vivo, Samsung, Whirlpool. |
Top brands Bajaj, Prestige, Vivo, Samsung, Crompton, Whirlpool, Hindware, Havells – popular and trusted brands in their segments. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily transactional through product sales; cyclical with consumer demand trends. |
Our industry position Recognized player in multi-brand consumer durables retail in underserved Indian markets; growing market presence. |
Financial highlights FY 2024-25 revenue Rs. 166.95 Cr; net profit Rs. 3.89 Cr; lower than previous year due to market conditions. |
Geographical revenue split Revenue generated entirely within India, focusing on rural and semi-urban areas. |
Order book - |
Whats driving growth Expansion in rural markets, increasing brand partnerships, and growing consumer demand for durable goods. |
Our future plans Plans to expand market reach and product portfolio to achieve sustained and profitable growth. |
Our green promise - |
Our people and values Employs 52 staff with focus on inclusive work environment and adherence to compliance and ethics. |
Key challenges ahead Market competition, regulatory concerns, consumer perception challenges in rural retail. |
Interesting facts Converted from private to public limited company in 2023 to support growth ambitions. |
Risks and strategy Proactive risk management for regulatory and market challenges; adherence to compliance and strong internal controls. |
