Sanghvi Brands Ltd (SBRANDS) Share Price & Fundamentals

What we do

Sanghvi Brands Ltd operates luxury spa, beauty, wellness, and fitness brands across India and globally, managing premium international brand licenses and spa salons in luxury locations.

Founded in

2,010

Market share

Among the top largest spa and wellness operators in India with significant presence in luxury and premium segments internationally.

Problem solved

Offers holistic wellness, beauty, and fitness services catering to luxury clientele seeking premium spa and salon experiences.

Top clients or who we serve

Luxury hotels, premium residential developments, B2C high-end customers, and international markets including USA and Middle East.

Key management

Dr. Vijay Aggarwal - CEO; Mr. Laxmi Narayan Rathi - CFO; Mr. Narendra Rikhabchand Sanghvi - Director

Our journey and innovations

Established in 2010, international expansion began in 2015 with USA and Sri Lanka subsidiaries; developed franchise model MyHomeFitness in 2017; went public same year.

Where we operate

India, USA, Sri Lanka, Middle East, and other global luxury locations.

Top products or what we offer

Luxury spa services (Spa by Clarins, Spa by L'Occitane), salons (Warren Tricomi, Rosanno Ferretti), fitness programs, and beauty product distribution (Noveau Lashes).

Top brands

Spa by Clarins, Spa by L'Occitane, Elle Spas & Salons, Warren Tricomi Salon & Spas, Rosanno Ferretti Salon, Ramona Braganza's 3-2-1 Fitness Programme, Noveau Lashes.

Raw materials needed

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Raw materials supplier

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Recurring vs cyclical contribution

Revenue largely recurring via ongoing spa & salon operations, with some cyclical promotions and new expansions.

Our industry position

Leader in luxury spa and wellness space in India with expanding global footprint and premium partnerships.

Financial highlights

FY 2024-25 consolidated revenue Rs. 121.99 crore, PAT Rs. 10.13 crore; strong growth over previous year.

Geographical revenue split

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Order book

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Whats driving growth

Brand portfolio expansion, luxury market demand, international operations, new spa openings, and franchise development.

Our future plans

Opening 9 more spas/salons, expanding international presence, strategic marketing, and strengthening brand partnerships.

Our green promise

Committed to safe, healthy work environment and efficient natural resource use; no capital energy conservation investment reported.

Our people and values

Focus on talent attraction, retention, internal promotion with emphasis on employee wellbeing and ethical standards.

Key challenges ahead

Maintaining luxury brand standards across geographies, competition, economic downturn impacts on discretionary spending.

Interesting facts

First Indian spa operator to acquire L'Occitane Spa rights for USA, Middle East, and Sri Lanka; operates in top luxury hotels globally.

Risks and strategy

Risks include market fluctuations and regulatory environments; strategy emphasizes brand quality, geographic diversification, and franchise growth.