Olympia industries - what a comeback!!!

When you take right step after learning from mistake and when you pave your way into most growing business of e-commerce, you are bound to success, the similar kind of story happens with Olympia Industries. 

Historically, the company started with manufacturing of Dyed and Blended yarns in Gujarat and Maharashtra. Presently with the company’s state of art technology and its insurmountable passion for excellence the company is now spreading its wings in Marketing & Promotion of Baby care, Home & Kitchen and Beauty & Personal Care Appliances products through E commerce on Amazon as SOA (Selling on Amazon), PSP (Platinum Seller Program) & FBA (Fulfillment by Amazon). With more than 24000 products currently sold, they have now introduced their own Apparel brand in the Market.

The Company currently has warehouse in Mumbai, Bengaluru and Gurgaon to handle the massive requirements of consumers throughout the nation and is planning to expand in multiple formats to reach consumers. 

When other e-commerce player in the market are taking steps for expansion and acquiring market share, they take hit on the balance sheet. Flipkart, snapdeal, ola etc. none of these e-commerce are targeting profit. On the other hand, we have a company which is earning 6% NPM and making decent profit available at very attractive valuation. Not only that, company is even growing its topline at significant rate. If the company takes every right step in future, it can be a massive wealth creator. 
(Disclosure - We have a positive coverage on this company. This is my personal view on the company and viewers are advised to do their own research before investing in the company.)