Presenting Partner

Life Insurance Corporation of India

Moneycontrol

Budget 2022

Associate Partners:

  • Kotak Mutual Fund
  • Pharmeasy
  • Indiabulls
  • SBI

Presenting Partner

Life Insurance Corporation of India

Moneycontrol

Budget 2022

Technology Partner

Dell Technologies

Associate Partners

Kotak Mutual Fund
Pharmeasy
Indiabulls
SBI
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Rajnish Wellness Ltd.

BSE Live

Jan 27, 15:40
30.40 -1.55 (-4.85%)
Volume
AVERAGE VOLUME
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1,416,909
10-Day
1,384,781
30-Day
852,597
32,400
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    31.95

  • Open Price

    30.40

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    0.00 (0)

  • Offer Price (Qty.)

    31.95 (8100)

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Rajnish Wellness is not listed on NSE

Annual Report

For Year :
2018

Chairman's Speech

Dear Shareholders,

I would like to begin with elaborating our Compan/s financial performance for the financial year 2018. This year has been an exciting one for our Company as we continued our growth trajectory with more focus on the bottom line of the financials. The key financials for the year recorded a 13.2% growth in the total income to INR 286.4 Mn from INR 252.9 Mn achieved in the last fiscal year. A ramp up in the business resulted in 285% growth in the net profits. The operating profits stood at INR 44.5 Mn for FY18.

Few trends which were observed in the sector during the year were, a rise in the rural consumption which drove the FMCG market, the FMCG market is expected to grow at 27.9% and is expected to reach INR 6240 Bn till 2020 which is currently at INR 3180 Bn. Indian healthcare sector, one of the fastest growing, is expected to advance at a CAGR of 22 per cent during 2016-2022 to reach INR 22320 Bn by 2022. Talking now about one of the most significant industry to us, there has been an exponential growth of Sexually Transmitted Diseases (STD) from 86 in 100,000 few centuries ago to 882 in 100,000 in 2015 and it is still growing. The role of contraceptives no longer remained confined to birth control but also extended to the prevention of sexually transmitted diseases and infections. Condoms have emerged as the most versatile and widely used contraceptive solutions in the last couple of decades. The usage of condom, which was at INR 357.6 Bn in 2015, is projected to reach INR 573 Bn by 2021, growing at a CAGR of 9.12% during the forecast period {Report of Beige Market Intelligence on Global Condom Market). Energy capsule is expanding rapidly and getting very encouraging response.

I would like to explain briefly about the operations of our business. Our company is involved in the business of sexual wellness, personal and healthcare products. Our most significant product are energy capsules, as it has made the highest contribution to the total revenue. Our company have 18 products in the existing portfolio, but we are intending to contribute more focus on the branding and marketing of sexual wellness products and Rajnish lotion in personal care catagory in the next fiscal year. I would also like to convey that despite a decline in the advertisement expenses in FY18, the sales of the Company was not affected. We have created a strong presence in the states of Maharashtra, Odisha and Karnataka with these states generating the highest revenue as well. Our company have an asset-light model which reduces the burden of fixed overheads. Our company owns all the brands which command a strong recall value. ‘PlayWin’, the flagship brand of our company, has established itself as India’s fastest growing brand in sexual wellness category. We have been aggressively marketing our brands across several regions of the country, establishing our brand name throughout.

Our company is exploring ethical market in sexual wellness and energy revitalization catagory. Recently our company has launched PlayWin spray in this catagory.

Going forward, we would like to deepen our presence in the domestic markets which includes the states of Uttar Pradesh, Bihar, Delhi, Jharkhand, Madhya Pradesh, Uttarakhand, Haryana and West Bengal. Continuous branding and marketing the Compan/s products are our central strategies. We endeavour to focus more on developing the markets for existing products and establishing their brand names.

In the coming years, we assure our valued shareholders that the Company is going see continuous growth. We look forward to your continued support and best wishes.

With best regards,

Mr. Rajnishkumar Surendraprasad Singh

Chairman & Managing Director