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InFocus Corporate

Groyyo Reports Positive EBITDA Amid Strong Export Growth Strategy

Groyyo’s 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.

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SMEStreet Edit Desk
28 Jan 2025 09:55 IST

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Subin Mitra Groyyo CEO.

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Groyyo, Asia’s fastest-growing manufacturing tech and consulting company, today announced that it is now EBITDA positive, marking a significant milestone in its journey toward sustainable profitability. This achievement is a result of Groyyo’s focused business strategy and operational excellence, positioning it as a key enabler of global manufacturing and supply chain solutions.

Groyyo’s 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’s 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 450–500 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’s 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’s 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.”

Groyyo has also been strengthening its leadership team with key hires. 

Groyyo EBITDA
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