What we do Magson Retail and Distribution Limited operates a retail and distribution network specializing in gourmet, frozen, and specialty foods across Western India under brands like MagSon and My Chocolate World. |
Founded in 2,018 |
Market share A leading player in Western India's gourmet and frozen food retail sector with 49 stores across key cities. |
Problem solved Provides quality frozen and specialty food products to urban consumers addressing the demand for gourmet and convenience food. |
Top clients or who we serve Serves B2C customers through retail outlets targeting urban food enthusiasts and specialty product buyers. |
Key management Rajesh Emmanuel Francis (Managing Director), Manish Shivnarayan Pancholi (Whole-Time Director), Jennifer Rajesh Francis (Executive Director). |
Our journey and innovations Established in 2018, expanded retail footprint to 49 stores including new ventures 'My Chocolate World' and 'Nasta Bazar'. Launched 'Rf Gourmet' premium frozen products. |
Where we operate Locations across Western India including Gujarat, Maharashtra, Rajasthan, and Goa. |
Top products or what we offer Frozen foods (vegetarian and non-vegetarian), premium cheeses, exotic fruits/vegetables, luxury chocolates, and ambient packaged products. |
Top brands MagSon (flagship gourmet and frozen foods), My Chocolate World (chocolate retail), Nasta Bazar (specialty grocery). |
Raw materials needed Frozen vegetables, dairy products, imported chocolates, and specialty food items. |
Raw materials supplier Supplied by domestic and international producers and importers of food ingredients and products. |
Recurring vs cyclical contribution Revenue is largely recurring through consistent retail sales with some seasonal variation in specialty categories. |
Our industry position Established regional brand with growing retail presence and diversified gourmet food offerings. |
Financial highlights Revenue Rs 67.37 Cr; Net Profit Rs 0.44 Cr in FY 2024-25 reflecting moderate growth and focus on expansion. |
Geographical revenue split Primary revenue from Western India, including Gujarat, Maharashtra, Rajasthan, and Goa. |
Order book - |
Whats driving growth Expansion of retail outlets, new product launches, increasing consumer preference for gourmet and convenience foods. |
Our future plans Plan to further expand store network, increase franchise model presence, and enhance product portfolio. |
Our green promise - |
Our people and values Focus on employee engagement, fostering a safe and constructive work culture, and inclusive workplace environment. |
Key challenges ahead Profitability pressures due to expansion costs and competitive retail market. |
Interesting facts Rapid store expansion since public listing in 2023 and launching specialized food brands within 5 years. |
Risks and strategy Risk mitigation via cost optimization, brand strengthening and expanding retail footprint to sustain growth. |
