Startup Atlas · Beauty & Personal Care

Beardo Acquired

Zed Lifestyle Private Limited Ahmedabad, Gujarat Founded 2015 beardo.in ↗
Ashutosh Valani · Co-founder Priyank Shah · Co-founder
$500KTotal funding (tracked)
1Funding rounds
28 Sep 2016Last round

Beardo: Financial Breakdown

Figures below are FY2025, standalone basis, compiled from filings and disclosures — every year cited to its source.

Rs 214 croreTotal revenue · +27.6% YoY
Rs 197 croreTotal expenses
EBITDA margin 7.1% (up from 3.4% in FY24)EBITDA
profit after tax of Rs 13 croreNet profit · +269.8% YoY

Revenue by fiscal year

0102030$M~Rs 80 crore net sales: $9.5M9.5FY2020INR 94.8 Cr: $11.3M11FY2022INR 106.6 Cr: $12.7M13FY2023Rs 173.2 crore: $20.6M21FY2024Rs 214 crore: $25.8M26FY2025

Net profit / loss by fiscal year

-1.0-0.500.51.01.52.0$Mnet profit of INR 75.5 Lakh: $0.1M0.1FY2022net loss of INR 6.1 Cr: $-0.7M-0.7FY2023profit of Rs 3.63 crore: $0.4M0.4FY2024profit after tax of Rs 13 crore: $1.6M1.6FY2025

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2025 Rs 214 crore Rs 197 crore EBITDA margin 7.1% (up from 3.4% in FY24) profit after tax of Rs 13 crore source
FY2024 Rs 173.2 crore Rs 168.4 crore EBITDA margin 4.21% (ROCE 75.58%) profit of Rs 3.63 crore source
FY2023 INR 106.6 Cr INR 115.3 Cr -6.24% EBITDA margin net loss of INR 6.1 Cr source
FY2022 INR 94.8 Cr INR 96.1 Cr 0.29% EBITDA margin net profit of INR 75.5 Lakh source
FY2020 ~Rs 80 crore net sales 3 to 5% EBITDA margin on net sales (founder-stated, approximate) Not disclosed as an absolute figure; founder cited a 3-5% EBITDA margin source

Nothing here is blurred or gated — every figure Atlas has is shown in full, free.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: www.tofler.in inc42.com www.beardo.in · Last verified 7 Sep 2026. · Report a correction