Investor Presentaiton
Q3 FY24: Improvement across fulfilment and employee expenses
Regionalization strategy
(reduced air shipment ratio &
freight cost per order) and
improved warehouse productivity
Scale efficiencies
Optimization is G&A
expenses
Higher
ESOP cost
Launch of
operation in
GCC
19 bps
6.1%
41 bps
42 bps
5.5%
114 bps
-46 bps
-54 bps
48 bps
-86 bps
5.3%
*|
Q3FY23 EBITDA
Margin
Gross margin
*
Fulfilment
Expenses
Marketing
Expenses
Selling &
Distribution
Expenses
Employee
Expenses
Other
Expenses
Q3FY24 EBITDA
Margin
ESOP
Expenses
New business
(GCC)
Q3FY24 Adj.
EBITDA Margin
*
Drop in service income for
BPC vertical and increase in
NSV mix of eB2B:
Superstore (others vertical)
Marketing investment
in Nykaaland and
brand campaigns
BDE investment in eB2B:
Superstore and BPC owned
brands expansion on other
3P channels
* As % of Revenue from Operations
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