Groyyo Achieves EBITDA Positive Milestone
29 Jan 2025
2 Min Read
CW Team
Groyyo, Asia鈥檚 fastest-growing manufacturing tech and consulting company, announced that it is now EBITDA positive, marking a significant milestone in its journey toward sustainable profitability. This achievement is a result of Groyyo鈥檚 focused business strategy and operational excellence, positioning it as a key enabler of global manufacturing and supply chain solutions.
Groyyo鈥檚 strategy is anchored in exporting over 90% of its output to marquee international clients, including industry giants like Next, Mango, Inditex (Zara Parent), Ross, and the Bestseller Group. The company鈥檚 growth is propelled by Groyyo Design Studio, which curates in-house designs tailored to client requirements, making design-led exports a core competitive advantage.
In addition, Groyyo Consulting has played a pivotal role in transforming partner factories (including solar powered)into "Groyyo Standard" facilities. By implementing cutting-edge technology and global compliance frameworks, the company ensures its partner manufacturers operate with maximum efficiency and meet international quality benchmarks.
Groyyo is on track to achieve a run rate of INR 450鈥�500 crore by the end of FY25, driven by robust growth in its design-led export business and optimized supply chain operations. With gross profit margins touching 20%, the company鈥檚 focus on value creation and operational frugality has been instrumental in sustaining positive EBITDA for the past three to four months.
Commenting on the milestone, Subin Mitra, CEO & Co-founder of Groyyo, said, "Becoming EBITDA positive is a testament to the strength of our business model and our team鈥檚 relentless pursuit of excellence. By combining cutting-edge design capabilities with a strong emphasis on technology and efficiency, we are not only enabling global manufacturers but also redefining what it means to be a trusted partner in the supply chain ecosystem. This milestone motivates us to aim higher as we expand our global footprint and solidify our position as a leader in the industry.鈥�
Groyyo has also been strengthening its leadership team with key hires.
Groyyo, Asia鈥檚 fastest-growing manufacturing tech and consulting company, announced that it is now EBITDA positive, marking a significant milestone in its journey toward sustainable profitability. This achievement is a result of Groyyo鈥檚 focused business strategy and operational excellence, positioning it as a key enabler of global manufacturing and supply chain solutions.
Groyyo鈥檚 strategy is anchored in exporting over 90% of its output to marquee international clients, including industry giants like Next, Mango, Inditex (Zara Parent), Ross, and the Bestseller Group. The company鈥檚 growth is propelled by Groyyo Design Studio, which curates in-house designs tailored to client requirements, making design-led exports a core competitive advantage.
In addition, Groyyo Consulting has played a pivotal role in transforming partner factories (including solar powered)into Groyyo Standard facilities. By implementing cutting-edge technology and global compliance frameworks, the company ensures its partner manufacturers operate with maximum efficiency and meet international quality benchmarks.
Groyyo is on track to achieve a run rate of INR 450鈥�500 crore by the end of FY25, driven by robust growth in its design-led export business and optimized supply chain operations. With gross profit margins touching 20%, the company鈥檚 focus on value creation and operational frugality has been instrumental in sustaining positive EBITDA for the past three to four months.
Commenting on the milestone, Subin Mitra, CEO & Co-founder of Groyyo, said, Becoming EBITDA positive is a testament to the strength of our business model and our team鈥檚 relentless pursuit of excellence. By combining cutting-edge design capabilities with a strong emphasis on technology and efficiency, we are not only enabling global manufacturers but also redefining what it means to be a trusted partner in the supply chain ecosystem. This milestone motivates us to aim higher as we expand our global footprint and solidify our position as a leader in the industry.鈥�
Groyyo has also been strengthening its leadership team with key hires.
Next Story
Kochi Canals Set for Major Transport and Tourism Upgrade
Kochi is poised for a major transformation as the Kerala government approves the Rs 37.16 billion Integrated Urban Regeneration and Water Transport System, which will revitalise the city鈥檚 historic canal network. The ambitious project, led by Kochi Metro Rail Limited (KMRL), aims to combine urban renewal, sustainable transport, and tourism development.鈥淚 am delighted that the state government has cleared this transformative initiative,鈥� said Loknath Behera, Managing Director of KMRL. 鈥淭his project will ease monsoon flooding, address long-standing waste management issues, and rejuvenate..
Next Story
Charminar to Get High-Tech Multi-Level Parking Facility
To tackle long-standing parking challenges around the iconic Charminar in Hyderabad, the Greater Hyderabad Municipal Corporation (GHMC) has announced the development of a state-of-the-art multi-level parking (MLP) facility under a public-private partnership (PPP) model.The project, spanning 3,500 square metres, will accommodate approximately 145鈥�150 cars and 150 two-wheelers. In addition to easing congestion, the complex will include a dedicated hawker zone and commercial spaces, blending heritage with modern convenience.Charminar, a major tourist attraction, has faced mounting infrastructur..
Next Story
Chalai Market Revamp May Get Boost From Urban Challenge Scheme
The long-delayed redevelopment of Thiruvananthapuram鈥檚 historic Chalai market could soon gather momentum, as the Kerala government seeks funding under the Union government鈥檚 newly launched Urban Challenge Scheme. Authorities aim to secure one-third of the project鈥檚 estimated Rs 2 billion cost through this Central initiative, recently introduced in the Union Budget.Spearheaded by Smart City Thiruvananthapuram Ltd (SCTL), the redevelopment is planned in four phases. Phase I, which involves upgrading the internal road network, is nearing completion. However, financial constraints have stall..