Harsh Agarwal, Director of Suditi Industries Ltd., hopes for Gini & Jony to be profitable by FY ’26 with an EBITDA of 7-8 per cent. According to the corporation, it has already achieved consolidated profitability in FY ’25.
The company has not yet released the FY ’25 figures, said Harsh, and they anticipate finishing Q4 FY ’25 with between US $ 4.1 million (Rs. 35 crore) and US $ 47 million (Rs. 40 crore), of which US $ 1.75 million (Rs. 15 crore) to US $ 2.1 million (Rs. 18 crore) will come from the branded business.
Furthermore, he said that the firm has no intentions to expand its manufacturing unit and it hopes to complete FY ’25 with revenue between US $ 23.36 million (Rs. 200 crore) and US $ 25.7 million (Rs. 220 crore) and FY ’26 with revenue at US $ 41 million (Rs. 350 crore), with Gini & Jony being the main drivers of this surge.
Concerning upcoming investments that would concentrate on brand expansion, Harsh stated that the largest portion of funds would go towards working capital, with US $ 934,000 – US $ 1.4 million (Rs. 8–12 crore) going towards EBO renovation, US $ 1.17 million – US $ 1.4 million (Rs. 10–12 crore) towards marketing, and US $ 584,000 (Rs 5 crore) towards category extension.
The brand currently operates 52 EBOs, of which 24 are franchise-owned and franchise-operated and 28 are company-owned and franchise-operated. It intends to use the COFO model in the future. It is expected to reach 550 points of sale, of which 40–50 will be at big format stores, 60 will be EBOs, and the other portion would be MBOs, said Harsh.
The brand’s EBOs are currently dispersed among Tier-1, Tier-2, and Tier-3 cities, and it intends to further expand into these areas in the future. Although the brand’s EBOs range from 800 to 1,200 square feet, it will continue to stay within the 800-1,000 square foot range and increase efficiency there in order to obtain a return on investment. Additionally, the Giny & Jony lab concept will be introduced, offering weekly adjustments in experimental fashion.
The company currently receives 80 per cent of its revenue from offline channels, with online channels contributing the remaining 20 per cent. By January 2026, the business will have a 65:35 split on these numbers, thanks to an omnichannel expansion that will turn shopfronts into fulfilment centres for online shoppers.
The brand is present in the bottoms, tops, jackets, and sweaters sections of the clothing market. It will be expanding into categories like innerwear this fiscal year.
