bearish

Pepperfry

Pepperfry Tearsheet - Banking on Discovery

391 Views27 Jul 2022 23:50
SUMMARY
  • Pepperfry (0096696D IN) is one of the largest furniture and home decor marketplaces in India. Recently also started offering appliances to serve as a one-stop home shop.
  • Our channels indicate higher AOVs and different customers compared to Swedish giant IKEA. Marketplaces like Pepperfry solve the problem of discovery for customers looking for furniture in a new location.
  • The WFH tailwind is fading away. With revenues declining, profitability is distant, and with the financial position that is yet to improve caution is warranted.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
chart-bar
Logo
Rising
Pranav Bhavsar
Consumer Analyst / Channel Surveillance Specialist
Trudence Capital Advisors
IndiaConsumer Discretionary & Consumer StaplesEquity Bottom-Up
Price Chart(Sign Up to Access)
analytics-chart
x