Visage Lines Personal Care Pvt. Ltd., the parent company of Bombay Shaving Company, reported a 2.4X year-on-year growth in its operating revenue in the fiscal year ended March 2026. The company also posted its first-ever positive adjusted EBITDA of Rs 2 crore, led by strong sales growth during the fiscal year. Bombay Shaving Company’s revenue from operations surged 139% to Rs 635 crore in FY26 from Rs 266 crore in FY25, its consolidated financial report sourced from the Registrar of Companies (RoC) shows. Visage Lines operates three businesses: Bombay Shaving Company, its flagship men's grooming brand; Bombae, focused on women's personal care; and 100Days, which provides digital commerce and e-commerce growth solutions for consumer brands. The sale of men's and women's personal care products through Bombay Shaving Company and Bombae accounted for over 91% of the operating revenue at Rs 581 crore in FY26 from Rs 241 crore in FY25. Meanwhile, revenue from 100Days doubled to Rs 48 crore in FY26. The company made an additional Rs 6 crore from interest income, which pushed its total revenue to Rs 641 crore in FY25. In line with its sales growth, the cost of materials consumed was the largest overhead, which grew 2.8X to Rs 370 crore in FY26. To boost sales and strengthen brand visibility, the firm spent 24% of its overall expenditure on advertising and promotional activities, which increased by 55% to Rs 158 crore during the previous fiscal year. Employee benefits expenses rose modestly by 9% to Rs 47 crore, which notably included Rs 7 crore in non-cash ESOP costs. Other overheads like delivery and handling charges, rent, IT, legal & professional expenses pushed overall expenses for Bombay Shaving Company parent by 98% to Rs 650 crore in FY25 from Rs 329 crore in FY25. The Gurugram-based Company managed to reduce its net loss by 85% to Rs 9 crore in FY26 from Rs 58 crore in FY25. Notably, the firm posted an adjusted EBITDA (net of ESOP cost) of Rs 2 crore during FY26. Its ROCE and EBITDA margin stood at -5.2% and -0.79%, respectively. On a unit basis, the company spent Rs 1.02 to earn a rupee in FY26. At the end of March 2026, the firm reported Rs 313 crore of current assets, including Rs 96 crore of cash and bank balance. Bombay Shaving Company last raisedRs 136 crore(around $15.3 million) in November 2025 through a mix of primary and secondary transactions. The round was led by Sixth Sense Ventures, with participation from founder and CEO Shantanu Deshpande, Patni Family Office, GII, HNIs, and former Indian cricketer Rahul Dravid. The funding came as the company was gearing up for its potential initial public offering (IPO). Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of
