What we do Bhatia Communications & Retail (India) Ltd operates retail and wholesale distribution of mobile handsets, tablets, accessories, and home appliances, mainly in South Gujarat and Maharashtra. |
Founded in 2,008 |
Market share Dominant player in South Gujarat with expanding presence in Maharashtra across 291 stores. |
Problem solved Provides wide product variety with competitive pricing and convenient access to mobile and consumer electronics for semi-urban and urban customers. |
Top clients or who we serve Serves retail consumers through owned multi-brand and exclusive brand outlets across Gujarat and Maharashtra (B2C focus). |
Key management Sanjeev Bhatia (Managing Director) and Nikhil Bhatia (Whole-time Director) with extensive retail industry experience. |
Our journey and innovations Started in 2008 with one store, expanded to 291 stores by 2026, introduced home appliances in 2018, and expanded beyond Gujarat starting 2023. |
Where we operate Primarily South Gujarat, expanding in Maharashtra with 36 stores as of 2026, total PAN Gujarat presence starting to develop. |
Top products or what we offer Smartphones across all brands, tablets, accessories, and home appliances including TVs, air conditioners, and washing machines. |
Top brands Multi-brand portfolio including Apple, Samsung, Oppo, Vivo, Whirlpool, Panasonic, Akai, Voltas. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely cyclical driven by consumer electronics demand and seasonal purchasing trends. |
Our industry position Leading regional retailer with strong brand recognition and exclusive brand outlet management; expanding footprint steadily. |
Financial highlights FY 2024-25 revenue Rs. 444.7 Cr with Rs. 13.8 Cr net profit; consistent 7%+ revenue growth and expanding store count. |
Geographical revenue split Majority revenues from South Gujarat with growing contribution from Maharashtra market. |
Order book - |
Whats driving growth Expansion into new regions, broadening product range, technology-enabled inventory, and strong supplier relationships. |
Our future plans Accelerate store expansion in Maharashtra, increase multi-product outlets, and enhance customer experience through technology. |
Our green promise - |
Our people and values Committed to ethical governance, employee motivation, and inclusivity; zero complaints of harassment reported. |
Key challenges ahead Competitive retail landscape, inventory management risks, and maintaining pricing advantage amidst expanding operations. |
Interesting facts Achieved zero incidents of fraud or harassment; fully dematerialized equity shares; company grew from single shop to 291 stores. |
Risks and strategy Managing market cyclicality through diversification, robust internal controls, and prudent capital allocation. |