What we do Dolphin Kitchen Utensils and Appliances Limited, formerly Sai Swami Metals and Alloys, trades and markets stainless steel kitchenware under the Dolphin brand, sourcing products via its subsidiary Dhruvish Metals LLP. |
Founded in 2,022 |
Market share Emerging player with growing market presence in stainless steel kitchenware via Dolphin brand. |
Problem solved Provides high-quality, durable stainless steel kitchenware meeting diverse consumer needs through efficient manufacturing and marketing. |
Top clients or who we serve Serves retail consumers and distributors in kitchenware segment across India with B2C and B2B focus. |
Key management Nipun Anantlal Bhagat (Managing Director), Kashmira Dhirajbhai Mehta (Whole-time Director). |
Our journey and innovations Founded in 2022, converted to public limited in 2023, recently listed in 2024. Innovative outsourcing and integration model with subsidiary Dhruvish Metals. |
Where we operate Primarily India, plans to expand distribution footprint nationally. |
Top products or what we offer Dinner sets, stainless steel casseroles, multi kadais, water bottles, sheets, and utensils. |
Top brands Dolphin brand: Known for quality stainless steel kitchenware, supported by Dhruvish Metals manufacturing. |
Raw materials needed Stainless steel raw material for manufacturing kitchenware products. |
Raw materials supplier Procured and manufactured in-house via subsidiary Dhruvish Metals LLP. |
Recurring vs cyclical contribution Revenue primarily from trading and marketing kitchenware products; cyclical based on consumer demand. |
Our industry position Small but rapidly growing player in Indian stainless steel kitchenware market with strong subsidiary support. |
Financial highlights Consolidated Revenue Rs. 651.56 crore, Net Profit Rs. 3.71 crore for FY 2024-25, up from Rs. 407.31 crore and Rs. 2.16 crore respectively previous year. |
Geographical revenue split Revenue predominantly from Indian markets. |
Order book - |
Whats driving growth Listing on stock exchange, increased production capacity via subsidiary, expanding product portfolio and market reach. |
Our future plans Focus on expanding distribution, scaling operations, increasing market penetration, and new product launches under Dolphin brand. |
Our green promise - |
Our people and values Committed to quality, operational excellence and ethical governance, employing 18 permanent staff as of FY 2024-25. |
Key challenges ahead Market competition, maintaining cost efficiencies, and continued scaling of supply chain and distribution. |
Interesting facts Transitioned from private to public company within three years; outsources product manufacturing to subsidiary for quality control. |
Risks and strategy Market competition and raw material cost volatility mitigated by integrated subsidiary manufacturing and strategic product sourcing. |
