What we do Olympic Cards Ltd manufactures and trades wedding invitation cards, greeting cards, notebooks, and office stationery primarily in South India and select overseas markets under the 'OLYMPIC' brand. |
Founded in 1,962 |
Market share Strong presence in Southern India’s organized sector for wedding and greeting cards with expanding dealer network domestically and overseas. |
Problem solved Provides quality printed social and business stationery addressing both traditional and corporate event needs amid digital shift. |
Top clients or who we serve B2B and B2C clients including event planners, educational institutions, general consumers in South India and international dealers in Malaysia, Singapore, Dubai, Sri Lanka. |
Key management N. Mohamed Faizal (Managing Director & CEO) - Experienced industry leader. |
Our journey and innovations Established 1962; transitioned to public company in 1995; expanded retail outlets and product lines including metallic, decorated and musical cards; public equity raise in 2012. |
Where we operate Southern India (Tamil Nadu, Andhra Pradesh, Karnataka, Kerala) and international markets (Malaysia, Singapore, Dubai, Sri Lanka). |
Top products or what we offer Wedding Invitation Cards, Greeting Cards, Visiting Cards, Student Notebooks, Office Envelopes, Metallic and Laminated finish cards under 'OLYMPIC' brand. |
Top brands OLYMPIC brand - Leading in Southern India wedding and greeting card segments with innovative specialty products. |
Raw materials needed Paper, inks, decorative materials such as bindis, stickers, laminates. |
Raw materials supplier Local paper and ink suppliers; specific names not disclosed. |
Recurring vs cyclical contribution Revenue is cyclical, influenced by festive seasons and events. |
Our industry position Key organized player in Southern India wedding and greeting cards market but facing challenges due to electronic alternatives and smaller competitors. |
Financial highlights FY 2024-25 revenue Rs 9.41 crores with a net loss of Rs 4.39 crores reflecting tough market conditions and competition. |
Geographical revenue split Primarily Southern India with exports to Southeast Asia and Middle East regions. |
Order book - |
Whats driving growth Product innovation, regional dealer network expansion, and niche specialty card offerings. |
Our future plans Focus on enhancing distribution footprint and product diversification to regain market share. |
Our green promise - |
Our people and values Employs 38 permanent staff fostering commitment and performance-based culture. |
Key challenges ahead Declining demand due to digital invitations, heightened competition from smaller players, and financial losses. |
Interesting facts Pioneer in introducing card variants like musical chip embedded and metallic coated wedding cards in regional markets. |
Risks and strategy Risks include market shrinkage and competition; strategy focuses on innovation and regional expansion. |
