Results · Professional & Local Services

Infra.Market posts Rs 18,472 crore revenue with profit decline

By Startup Enthusiast · 12 January 2026

What they do

Infra.Market is a tech-enabled platform selling construction materials and services to builders

The company reported FY25 gross revenue of Rs 18,472 crore but saw profit after tax fall 42% to Rs 220 crore

Infra.Market has confidentially filed IPO papers to raise Rs 5,000 crore from the public markets

Infra.Market reported gross revenue of Rs 18,472 crore for fiscal year 2025.
This revenue figure represents a 27% year-on-year increase from the previous fiscal year.
The company's profit after tax fell significantly by 42% to Rs 220 crore in the same period.
Total expenses rose sharply to Rs 18,250 crore, driven by higher procurement and finance costs.
Structural products generated over 60% of total revenue, amounting to Rs 11,176 crore.
Finishing products contributed Rs 1,924 crore while lifestyle products brought in Rs 2,487 crore.
Allied services including equipment sales and rentals added Rs 2,884 crore to the top line.
Infra.Market has confidentially filed IPO papers to raise Rs 5,000 crore from investors.

Profit margins compressed as expenses grew faster than revenue during the fiscal year.
The company faces competition from peers like OfBusiness and Zetwerk in the B2B space.
Filing for an IPO signals a move toward public listing to raise capital for growth.

Infra.Market operates a tech-enabled platform for buying and selling building materials.
It serves customers through B2B direct corporate sales and direct-to-site delivery models.
The company also utilizes a B2R network with over 17,256 touchpoints across India.
Manufacturing operations include 283 facilities spread across 22 Indian states.
These facilities are split between 163 owned plants and 120 exclusive third-party sites.
The business follows a house of brands model featuring 11 distinct brands.
Key brands include Infra.Market, RDC, Shalimar Paints, Inicio, and Amstrad among others.
Product categories range from concrete and steel to paints, kitchens, and sanitaryware.
Procurement costs account for 75% of total expenditure at Rs 13,751 crore.

Product: An end-to-end construction materials platform spanning sourcing, manufacturing partnerships, and distribution.
Customers: Institutional buyers, builders, contractors, and retail construction-materials customers.
How it makes money: Makes money by supplying construction materials and related solutions across B2B and retail channels.
What sets it apart: Large network of manufacturing partners and a broad retail touchpoint footprint.
Operations: Runs a wide supplier network and reaches more than 10,000 retail touchpoints across India.