Walko Food Company Private Limited

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Walko Food Company Private Limited - overview

Established

2012

Location

Pune, Maharashtra, India

Primary Industry

Food

About

Based in Maharashtra, India, and founded by Jitendra Bhandari and Sanjiv Shah, in 2012, Walko Food Company Private Limited also known as Walko QSR Company Private Limited operates as a manufacturer of Ice creams. In March 2021, the firm raised INR 350 million in series A funding led by investor JM Financial. The firm as of March 2023, has a manufacturing and R&D facility in Pune, India, and its brands are present in over 30 cities across India. The company manufactures and sells its frozen dessert products under 4 brands including nic for more than 50 flavors of hand-crafted ice creams, Grameed Kulfi for over 20 flavors of rustic Kulfis, Cream Pot for frozen desserts, Café Chokolade, a brand for Shakes.


The company also offers hot chocolate shots, sizzling brownies, and special chocolate sandwiches under the brand Café Chokolade.


Current Investors

JM Financial, Jungle Ventures, Tao Capital

Primary Industry

Food

Sub Industries

Other Food Products, Dairy Products

Website

www.walkofood.com

Verticals

Manufacturing

Company Stage

Series B

Total Amount Raised

Subscriber access only

Walko Food Company Private Limited - timeline of key events

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Walko Food Company Private Limited - financials

Fiscal Year EndedMar 31, 2013Mar 31, 2014Mar 31, 2015Mar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024
Revenue (USD)-30,605,77351,745,91557,728,47971,895,95696,552,184157,362,712468,077,485556,059,367---
% Revenue Growth (YoY)--69.1%11.6%24.5%34.3%63.0%197.5%18.8%---
EBITDA (USD)-(8,425,723)(8,395,892)(2,111,384)(10,255,555)(10,951,689)(9,925,254)3,094,07817,785,510---
Operating Income (USD)-(10,179,609)(16,169,154)(12,059,723)(20,393,357)(20,634,470)(18,615,121)(7,287,828)6,309,741---
Operating Margin-(33.3%)(31.2%)(20.9%)(28.4%)(21.4%)(11.8%)(1.6%)1.1%---
% EBITDA Margin-(27.5%)(16.2%)(3.7%)(14.3%)(11.3%)(6.3%)0.7%3.2%---
NET Income (USD)(3,516,498)(9,852,018)(17,491,716)(11,341,960)(20,236,580)(20,616,831)(18,366,604)(10,946,961)54,568---
% Net Margin-(32.2%)(33.8%)(19.6%)(28.1%)(21.4%)(11.7%)(2.3%)0.0%---

Walko Food Company Private Limited - employee data

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