Not registered yet? Get a free account.

Sign Up
search icon cancel icon

BLINK COMMERCE PRIVATE LIMITED

grofers.com
Active
Updated: 05 Nov 2024

The company provides a local mobile e-commerce platform for online shopping and delivery of groceries, fruits, vegetables, cosmetics, electronics, and other daily needs in India.

Blink Commerce Private Limited, also popularly known as Grofers, is an unlisted private company incorporated on 26 May, 2015. It is classified as a private limited company and is located in Gurgaon, Haryana. It's authorized share capital is INR 45.50 lac and the total paid-up capital is INR 37.88 lac.

Read more

Industry

Business Services
Products
  • Detergent Powders, Cooking Oil, Rice, Moong Dal, Noodles & Pasta, Toor Dal, Biscuits & Cookies, Baby Diapers, Atta, Ghee, Grocery & Staples, Vegetables, Salt & Sugar, Tea, Fruits, Soap, Almonds
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
159.73%
₹ 1,881.0
EBITDA
-
₹ -528.0
Net Profit
-
₹ -645.0
Networth
28.43%
₹ 468.1
Borrowings
-100.0%
₹ -
Assets
-24.15%
₹ 1,202.0
Gross Margin
-
100.0 %
Operating Margin
98.95
-28.1 %
Net Profit Margin
126.01
-33.4 %
Return on Equity
189.12
-137.8 %
ROCE
214.21
-104.5 %
Debt to Equity
-2.17
0.0
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (170)
State Type Address

location icon Locations on Map

Map placeholder

Tofler Score

Good
score img
Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • VERY LOW INTEREST COVERAGE
Moderate Risk
  • LOSS MAKING
  • LOW ROCE
  • CASH DETERIORATING
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

Read more

Peers / Similar Companies

Kiranakart Technologies Private Limited Maharashtra
Supermarket Grocery Supplies Private Limited Karnataka
Swiggy Limited Karnataka
Dunzo Digital Private Limited Karnataka

Peers

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 165.3 200.3 236.3 724.2 1,881.0
Operating profit -678.0 -375.5 -971.5 -919.9 -528.0
Net profit -679.0 -381.7 -1,019.8 -1,191.5 -645.0
Gross margin 100.0 100.0 100.0 100.0 100.0
Operating margin -410.3 -187.5 -411.1 -127.0 -28.1
Net margin -382.5 -187.2 -420.6 -159.4 -33.4
Networth 197.2 78.2 -239.0 364.4 468.1
Borrowings 17.0 15.0 452.4 790.4 -
Assets 380.9 264.6 811.8 1,584.8 1,202.0
Debt to equity 0.1 0.2 -1.9 2.2 0.0
Current ratio 1.9 2.0 0.4 1.1 1.4
ROE -344.4 -487.9 - -326.9 -137.8
Days payable - - - - -
WC days 288.0 195.0 -799.0 51.0 35.0
chart icon

Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital - - - - -
Reserves 197.1 78.2 -239.0 364.4 468.0
Borrowings + 17.0 15.0 452.4 790.4 -
Long term borrowings - - 40.4 5.8 -
Short term borrowings 17.0 15.0 412.0 784.6 -
Trade payables + 52.8 51.6 218.6 213.2 227.0
Days payable - - - - -
Other liabilities + 166.7 171.3 598.4 430.0 734.0
Other non-current liabilities 38.5 75.7 160.7 100.5 273.0
Other current liabilities 75.3 44.1 219.1 116.3 233.9
Total liabilities 380.9 264.6 811.8 1,584.8 1,202.0
Fixed Assets + 11.2 4.7 124.6 220.9 457.0
Tangible assets 11.1 4.7 124.4 220.4 452.0
CWIP - - 0.2 0.5 5.0
Intangible assets - - - - -
LT loans and advances - - - - -
Other non-current assets 94.2 42.5 354.6 147.7 104.0
Current assets + 275.5 217.4 332.5 1,216.2 641.0
Inventories - - - - -
Trade receivables 23.5 30.1 41.5 82.7 209.0
Cash and cash equivalents 141.8 50.6 133.1 25.0 41.0
ST loans and advances - - - - -
Other current assets 110.2 136.7 158.0 1,108.5 391.0
Total assets 380.9 264.6 811.8 1,584.8 1,202.0
chart icon

Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 165.3 200.3 236.3 724.2 1,881.0
Sales growth % 135.61 21.17 18.01 206.45 159.73
Expenses + 856.5 585.7 1,262.3 1,939.2 2,579.0
Cost of goods - - - - -
Employee cost 156.1 195.7 274.7 311.4 456.0
Other costs 687.2 380.0 933.1 1,332.7 1,953.0
Operating profit + -678.0 -375.5 -971.5 -919.9 -528.0
Operating margin % -410.3 -187.5 -411.1 -127.0 -28.1
Other income 12.2 3.7 6.2 23.5 53.0
Interest 1.3 2.8 13.3 185.3 32.0
Depreciation 11.9 7.1 41.2 109.8 138.0
Exceptional items - - - - -
Profit before tax -679.0 -381.7 -1,019.8 -1,191.5 -645.0
Tax - - - - -
Profit - disc. ops - - - - -
Net profit -679.0 -381.7 -1,019.8 -1,191.5 -645.0
Net margin % -382.5 -187.2 -420.6 -159.4 -33.4
chart icon

Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.1 0.2 -1.9 2.2 0.0
Net Debt/Equity 0.0 0.0 -1.3 2.1 0.0
Total Debt/Assets 0.0 0.1 0.6 0.5 0.0
Total Assets/Equity 1.9 3.4 -3.4 4.3 2.6
Liquidity +
Current Ratio 1.9 2.0 0.4 1.1 1.4
Quick Ratio 1.9 2.0 0.4 1.1 1.4
Interest Coverage -525.6 -132.7 -72.9 -5.0 -16.5
Performance
Gross Margin 100.0 100.0 100.0 100.0 100.0
Operating Margin -410.3 -187.5 -411.1 -127.0 -28.1
Net Margin -382.5 -187.2 -420.6 -159.4 -33.4
Return +
Return on Equity -344.4 -487.9 - -326.9 -137.8
Pre-tax ROCE -487.6 -343.2 257.9 -318.8 -104.5
Return on Assets -178.3 -144.3 -125.6 -75.2 -53.7
Pre-tax ROIC -349.9 -489.0 -1,260.2 -91.1 -142.3
Efficiency +
Days Payable - - - - -
Days Inventory - - - - -
Days Receivable 52.0 55.0 64.0 42.0 41.0
Fixed Asset Turnover 14.8 42.3 1.9 3.3 4.1
Total Asset Turnover 0.4 0.8 0.3 0.5 1.6
Working Capital
Cash Conversion Cycle 52.0 55.0 64.0 42.0 41.0
Working Capital Days 288.0 195.0 -799.0 51.0 35.0
chart icon

Ratios

Current ratio
Debt/equity ratio

Charges on assets

As per information available, the company has no registered charges.

People

Designation Name DIN/PAN Tenure
Whole-time Director Albinder Singh Dhindsa
Shareholder
06912294 10 years
Director Rishi Arora
Shareholder
07265212 2 years
Additional Director Hemal Nareshkumar Jain
Shareholder
08064151 2 years
Director Ali Kausar Siddiqui
Shareholder
08728174 2 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
BLINK COMMERCE PRIVATE LIMITED
Active
37.9 L 4 Haryana
LOCODEL SOLUTIONS PRIVATE LIMITED
Active
11.0 L 1 Bihar
TONGUESTUN FOOD NETWORK PRIVATE LIMITED
Active
4.4 Cr 1 Karnataka
WASTELAND ENTERTAINMENT PRIVATE LIMITED
Active
5.8 L 2 Maharashtra
ZOMATO FINANCIAL SERVICES LIMITED
Active
16.2 Cr 2 Delhi
ZOMATO FOODS PRIVATE LIMITED
Active
1.1 L 1 Delhi
ZOMATO HYPERPURE PRIVATE LIMITED
Active
29.5 Cr 1 Delhi
ZOMATO ENTERTAINMENT PRIVATE LIMITED
Active
14.0 L 1 Delhi
ZOMATO LOCAL SERVICES PRIVATE LIMITED
Active
24.2 L 1 Delhi
CARTHERO TECHNOLOGIES PRIVATE LIMITED
Active
8.0 L 1 Delhi
ZOMATO PAYMENTS PRIVATE LIMITED
Active
59.5 Cr 1 Delhi

Registered Details

CIN

U74140HR2015PTC055568

PAN

AAFCG9846E

Incorporation

2015, 9.9 years

Company Email

secretarial@blinkit.com

Paid up Capital

₹ 37.9 L

Authorised Capital

₹ 45.5 L

AGM

Jul 2024

Type

Private
Subsidiary of Foreign Company

FAQ - BLINK COMMERCE PRIVATE LIMITED

What is the incorporation date of BLINK COMMERCE PRIVATE LIMITED?

plus icon

The incorporation date of BLINK COMMERCE PRIVATE LIMITED is 26 May, 2015

What is the authorized share capital of BLINK COMMERCE PRIVATE LIMITED?

plus icon

The authorized share capital of BLINK COMMERCE PRIVATE LIMITED is INR ₹ 45.5 L.

What is the paid-up capital of BLINK COMMERCE PRIVATE LIMITED?

plus icon

The paid-up capital of BLINK COMMERCE PRIVATE LIMITED is INR ₹ 37.9 L.

What is the registered address of BLINK COMMERCE PRIVATE LIMITED?

plus icon

The registered address of BLINK COMMERCE PRIVATE LIMITED is Ground Floor, Pioneer Square Sector 62, Golf Course Extensio n Road Gurgaon Gurgaon Gurgaon Haryana - 122098

What is the CIN number of BLINK COMMERCE PRIVATE LIMITED?

plus icon

The CIN number of BLINK COMMERCE PRIVATE LIMITED is U74140HR2015PTC055568.

Smart Suggestions

  • Telangana
  • Chandigarh
  • Karnataka
  • Jharkhand
  • Manipur
  • Meghalaya
  • Delhi
  • Pondicherry
  • Tamil Nadu
  • Assam
  • Blog Categories
  • Top Blog post
  • Financial Resources
Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More