Results · Commerce & Consumer Brands
Eggoz reports Rs 130 Cr revenue, EBITDA breakeven in Q4
By Startup Enthusiast ·
- Date
- Company
- Eggoz
- What it does
- Egg supply chain startup
- Kind
- Results
- Founded
- 2017
What they do
Eggoz operates an asset-light egg supply chain delivering to major Indian cities
What happened
The company reported Rs 130 Cr FY25 revenue with EBITDA breakeven achieved in Q4
Why it matters
Gaja Capital led a $20M round while the firm expanded into ready-to-cook products
The details
- Eggoz reported Rs 130 Cr revenue for FY25, marking a 78% year-on-year increase from the previous fiscal year.
- The startup achieved EBITDA breakeven (profitability before interest, taxes, depreciation, and amortization) in the fourth quarter of FY25.
- Total expenditure rose to Rs 154 Cr, driven largely by procurement costs which accounted for approximately 67% of total expenses.
- Net losses decreased by 8% to Rs 23 Cr, down from Rs 25 Cr in FY24 despite higher operational spending.
- The brand reached a peak annual revenue run rate of Rs 200 Cr, indicating strong momentum in its core operations.
- Eggoz has raised over $32 million in total funding across multiple rounds since its inception in 2017.
- A recent controversy involving allegations of carcinogenic substances in eggs was dismissed by regulators who confirmed product safety.
- The company continues to expand its footprint beyond shell eggs into ready-to-cook items like momos and nuggets.
About the business
- Eggoz uses an asset-light model where it manages logistics rather than owning farms directly.
- The supply chain ensures eggs reach retailers within 24 hours of collection from partner farmers.
- Primary markets include Delhi-NCR, Bengaluru, Kolkata, Jaipur, and Lucknow across India.
- Shell eggs remain the sole source of operating revenue for the fiscal year ended March 2025.
- The company recently expanded its product portfolio to include ready-to-cook items such as burger patties and nuggets.
- Procurement costs represent the largest expense center, reflecting the cost of sourcing from thousands of farmers.
- Employee benefit expenses totaled Rs 20 Cr, including Rs 3 Cr in employee stock option plan costs.
- The business relies on technology to coordinate between rural farmers and urban retail customers efficiently.
Investors
- Gaja Capital (lead)
- IvyCap Ventures (lead)
Founders
- Abhishek Negi, Founder
- Aditya Singh, Founder
- Uttam Kumar, Founder
About Eggoz
- Product
- Branded eggs and egg-based ready-to-cook foods.
- Customers
- Retailers and urban consumers buying packaged eggs and egg products.
- How it makes money
- It earns revenue by selling branded eggs and related food products through retail distribution.
- What sets it apart
- Asset-light, farmer-led sourcing with traceability and fast retail replenishment.
- Operations
- Uses a farmer-led supply chain to deliver fresh eggs to retailers within 24 hours.
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