At a glance
Macfos Ltd, the startup behind Robu.in, turned DIY electronics into a ₹250 Cr revenue beast — multiplying its profits 122% CAGR in 5 years. WithROCE of 42%,TTM profit ₹18 Cr, andzero debt, the stock’s story is pure growth. But it trades at42x earnings, hoards all profits, and operates in a niche e-commerce market. So, is it the next Info Edge or just a supercharged online resistor seller?
1. 🛠️ About the Company
Macfos Ltd, through its brandRobu.in, operates a high-margin niche:
- E-commerce ofDIY electronics, robotics, 3D printing, IoT kits
- Custombattery packs,sensor modules, andprototyping tools
- Assembly & contract services for R&D, engineering colleges, and makers
📍Headquartered in Pune🎯 Product base: 15,000+ SKUs🚚 Orders fulfilled across India with pan-India logistics
They serve not just consumers, but also institutions likeISRO, DRDO, IITs,
NITs, and multiple MSMEs.
2. 👨💼 Key Managerial Personnel (KMP)
- Mr. Yogesh Gawali (MD)
- Mr. Pratik Kewale (ED & CTO)
- Mr. Mahendra Gawali (CEO)
The trio has maintained lean operations while scaling revenue15xfrom FY20 to FY25.
Management in FY25’s concall stated:
“Our goal is to build Robu 2.0 — an end-to-end solution provider, not just a seller.”
3. 📊 Financial Performance Snapshot
Revenue (₹ Cr)
| Year | Revenue |
|---|---|
| FY20 | ₹16 |
| FY21 | ₹27 |
| FY22 | ₹56 |
| FY23 | ₹80 |
| FY24 | ₹125 |
| FY25 | ₹255 |
5-Year CAGR: 74%
They more than15X’drevenue in just 5 years — impressive for a bootstrapped player with no external funding.
Net Profit (₹ Cr)
| Year | PAT |
|---|---|
| FY20 | ₹0.02 |
| FY21 | ₹2 |
| FY22 | ₹6 |
| FY23 | ₹7 |
| FY24 | ₹11 |
| FY25 | ₹18 |
5-Year CAGR: 122%Even TTM profit up65% YoY— so it’s not a one-off.
Key
