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Results · Commerce & Consumer Brands

Daalchini doubles revenue, plans machine expansion

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Date
Company
Daalchini
What it does
Smart vending machine operator
Kind
Results
Founded
2017
Sector
Commerce & Consumer Brands

What they do

Daalchini operates cashless smart vending machines for snacks and beverages

What happened

It reported FY26 operating revenue of ₹140 Cr, double from ₹70 Cr in FY25

Why it matters

The company plans to raise fresh capital and expand to 8,000-11,000 machines by FY27

The details

  • Daalchini announced its FY26 financial results.
  • Operating revenue reached ₹140 Cr, doubling from ₹70 Cr in FY25.
  • EBITDA (earnings before interest, taxes, depreciation, and amortisation) was ₹21 Cr, up 5.7 times from ₹3.7 Cr.
  • The company posted a net profit of ₹2.5 Cr in FY25, compared to a loss of ₹8.6 Cr the prior year.
  • It operated 5,500 vending machines at the end of FY26, a 62% increase from 3,400 in FY25.
  • Daalchini targets 8,000-11,000 machines by FY27 and has already deployed over 500 new machines recently.
  • A Supreme Court ruling on human hygiene product vending machines in workplaces has boosted enterprise orders.

The bigger picture

  • The results show strong growth in revenue and profitability for Daalchini.
  • The company did not raise any fresh equity in FY26 and plans to raise capital in a mix of equity and debt.
  • It previously secured about ₹7 Cr in debt from institutions including State Bank of India.
  • Total funding to date is over $5 Mn from investors like Unicorn India Ventures and Artha Venture Fund.

About the business

  • Daalchini was founded in 2017 and operates cashless smart vending machines.
  • The machines dispense snacks, beverages, and other products.
  • Its payment and software stack is more advanced than global peers.
  • The company learns from China and Japan on hardware design.
  • Machines are deployed across 4,100 stores in 110 Indian cities.

What happens next

  • Daalchini plans to raise fresh capital in a mix of equity and debt.
  • It targets deploying 8,000-11,000 machines by FY27.
  • It has already deployed over 500 new machines recently.

The deal

Type
results

Investors

  • Unicorn India Ventures (existing) — An early-stage venture capital firm.
  • Artha Venture Fund (existing) — A venture capital fund.
  • ICICI Securities (existing) — A financial services company.
  • VSS Investco (existing) — An investment firm.

Founders

  • Prerna Kalra, Cofounder and CEO

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