What we do SS Retail Ltd operates a retail chain selling consumer electronics including mobile phones, accessories, TVs, laptops, and tablets across multiple Indian states. |
Founded in 2,016 |
Market share Growing presence with 347 stores, expanding footprint in Maharashtra, Karnataka, Goa, and Madhya Pradesh. |
Problem solved Provides accessible consumer electronics and after-sales services across tier 2 and tier 3 cities. |
Top clients or who we serve End consumers of electronic gadgets primarily in western and central India regions; operates B2C retail stores. |
Key management Siddharth Gunwant Shah (Managing Director), Sagar Sukumar Patil (Director), Bhavini Harshal Parekh (Director) among others. |
Our journey and innovations Founded in 2016; expanded from Maharashtra to Goa; launched ‘Mobile Exchange Wala’ and ‘The Mobile Space’ brands; grew store count to 347 by 2025. |
Where we operate India - Maharashtra, Karnataka, Goa, Madhya Pradesh. |
Top products or what we offer Consumer electronics: mobile phones, accessories, TVs, laptops, tablets. |
Top brands Mobile Exchange Wala, The Mobile Space - new in-store retail brands with growing recognition. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue driven by retail sales; moderately cyclical with seasonal demand fluctuations. |
Our industry position Emerging mid-sized electronics retailer expanding rapidly in western India with strong store network. |
Financial highlights FY 2024 revenue Rs 2351 Cr; net profit Rs 59.83 Cr; consistent year-over-year growth. |
Geographical revenue split 100% revenue from domestic Indian retail operations across Maharashtra, Goa, Karnataka, Madhya Pradesh. |
Order book - |
Whats driving growth Store expansion, diversified product range, increasing consumer electronics demand, and brand development. |
Our future plans IPO planned to raise Rs 500 Cr for further expansion and working capital. |
Our green promise Adopts energy-efficient devices and equipment to reduce operational energy consumption. |
Our people and values Employee-focused with emphasis on talent retention and internal growth; fostering inclusive culture. |
Key challenges ahead Competitive retail market, technology upgrades, supply chain efficiency, sustaining profitability. |
Interesting facts Transitioned from private to public limited in 2025; rapidly scaled store network to over 300 locations. |
Risks and strategy Mitigates market competition and operational risks through risk management framework and continuous innovation. |
