Khadim is focusing on premiumisation, product innovation and demand traction that will help it grow by over 30 per cent during the current fiscal to touch Rs 800 crore revenue mark. The strategy will help improve margin by 100 basis points every year as the company sees volume surge with growing footfalls in the stores, though the volume is expected to regain to pre-covid levels by the end of FY'23.
Khadim will continue with expansion of stores, and it will add 70-80 stores to deepen its reach beyond tier II & III cities during this fiscal. The Kolkata-based company currently has about 800 retail stores across the country.
Khadim India operates as a footwear retailer in India under the brand Khadim’s.
