What we do Rexpro Enterprises Limited manufactures diversified products including furniture and industrial warehouse racks, serving retail, commercial, and institutional sectors across India. |
Founded in 2,012 |
Market share Trusted by leading brands like Shoppers Stop, Samsung, Hindustan Unilever; emerging prominent player in retail fixtures and furniture manufacturing. |
Problem solved Provides customized, multi-material manufacturing solutions for retail fixtures, commercial furniture, and industrial storage, meeting varied client needs efficiently. |
Top clients or who we serve B2B clients including Shoppers Stop Limited, One RX India (Samsung), Hindustan Unilever, Lenskart, Marks & Spencer, Reliance, and Godrej & Boyce. |
Key management Premal Niranjan Shah (Managing Director & Chairman) leads a seasoned board with multiple whole-time and independent directors experienced in operations and governance. |
Our journey and innovations Founded 2012, expanded from retail fixtures to commercial and industrial products; launched multiple facilities; IPO in 2025; diversified into infrastructure sector like noise barriers and metro screen doors. |
Where we operate Operations and revenue primarily within India, serving pan-India retail and industrial sectors with growth in warehousing solutions via subsidiary Progulf Warehousing Solutions LLP. |
Top products or what we offer Furniture, commercial and institutional furniture, retail fixtures, industrial warehouse racks, noise barriers, metro screen doors, and customized POSM displays. |
Top brands Rexpro retail fixtures and furniture; Progulf warehousing solutions products; recognized for multi-material manufacturing capabilities and custom designs. |
Raw materials needed Wood, metals, and other materials for manufacturing furniture, racks, kiosks, and industrial storage solutions. |
Raw materials supplier Suppliers include local and regional raw material vendors for wood, metal, and fabrication components. |
Recurring vs cyclical contribution Primarily recurring revenue from manufacturing contracts in retail, commercial, and industrial segments with some cyclical demand aligning with infrastructure projects. |
Our industry position Emerging leader in retail fixtures and diversified furniture manufacturing with flagship clients and steady revenue growth post-IPO. |
Financial highlights FY2024-25 revenue Rs. 106.59 crore (standalone) with net profit Rs. 8.01 crore; revenue increased from Rs. 73.86 crore previous year, showing strong growth. |
Geographical revenue split Entire revenue generated from within India, focusing on major retail and industrial markets nationwide. |
Order book - |
Whats driving growth Expanding client base in retail and industrial segments, increased capacity from new manufacturing units, and entry into infrastructure projects like metro and highways. |
Our future plans Further expansion of manufacturing capabilities, increasing utilization of IPO proceeds for equipment and working capital, and scaling inorganic growth strategies. |
Our green promise - |
Our people and values Strong board governance with multiple independent directors, focus on compliance, ethics, and employee welfare including anti-harassment policies and internal controls. |
Key challenges ahead Managing supply chain constraints, competition in manufacturing, and timely utilization of IPO proceeds for sustainable growth. |
Interesting facts Transitioned from private to public company in 2024; successful IPO in Jan 2025 with strong investor interest; diversified product portfolio covering retail to infrastructure. |
Risks and strategy Risks include raw material price volatility and market competition; mitigated by diversified product lines, strong client relationships, and prudent financial management. |
