RSH Global eyes Rs 1,000 crore revenue by 2023

By

Maverick Martins

Published
Dec 31, 2018

RSH Global, a personal care company, is looking to double its revenue to Rs 1,000 crore (approx $143 million) over the next five years on the back of its retail expansion. The company is expecting to clock sales around Rs 500 crore during the next financial year.
 

RSH Global will also expand its retail presence across the country and will be expanding its product range with the addition of eight to nine products.
 
“The company’s future growth strategy entails ramping up capacities, expanding geographical reach and new offerings. Sales from personal care business are about to touch Rs 500 crore on an annualised basis in the coming fiscal 2019-20 and will cross Rs 1,000 crore by March 2022-23,” RSH Global chairman Sunil Agarwal told the Economic Times.

“Since we intend to have a presence in multiple personal grooming categories targeting both men and women, we are spending huge sums to expand and enter new geographies. We have a retail presence in 7.5 lakh outlets and plan to add 3.4 lakh new outlets in India shortly,” added Agarwal.
 
RSH Global hopes to strengthen its international presence in the coming years and will be entering 15 new markets next year,
 
RSH Global is based in Kolkata and retails across the country through its strong distribution network. It manufactures and sells skin creams, body lotions, sun care, face washes, face packs, scrub cleansers, treatment kits, lip care, shampoos and more all under the brand name Joy and Karis.