July 27, 2026

BREAKING

Bombay Shaving Company Records 139% Revenue Growth in FY26, Achieves Maiden Operating Profit and Strengthens Leadership and Governance for Next Phase of Growth

Bombay Shaving Company parent Visage Lines Personal Care reported 139% revenue growth to INR 634.7 crore in FY26, while adjusted EBITDA turned positive at INR 2.2 crore. The company is targeting INR 1,000 crore in revenue in FY27 and has appointed Ashu Dhingra as Chief Financial Officer.
Bombay Shaving Company Reports 139% Revenue Growth in FY26

Mumbai: Visage Lines Personal Care Pvt. Ltd., the parent company of Bombay Shaving Company, Bombae and 100Days, reported consolidated revenue of INR 634.7 crore in FY26, compared with INR 265.6 crore in FY25, marking a 139% year-on-year growth. The company also reported adjusted EBITDA of INR 2.2 crore, compared with a negative adjusted EBITDA of INR 38.3 crore in FY25.

FY26 marked a significant inflection point for the company, as it moved from a double-digit negative adjusted EBITDA margin in FY25 to positive adjusted EBITDA for the first time. Loss before tax also narrowed by approximately 85%, reflecting a structural improvement in the way the business operates. The performance was supported by continued investments in product innovation, digital-first growth, operational excellence and consumer-led brand building.

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Building on this momentum, the company remains focused on its ambition of becoming an INR 1,000 crore business by the end of FY27, while targeting high single-digit adjusted EBITDA.

During FY26, Bombay Shaving Company continued to expand its omnichannel presence across D2C, online and offline retail, while improving operating efficiencies and investing in scalable capabilities to support profitable growth. Across its portfolio, Bombay Shaving Company further strengthened its presence in men’s grooming through continued innovation across trimmers, shaving, fragrances and personal care.

At the same time, Bombae expanded its presence in women’s hair styling, emerging as a significant growth lever for the organisation. Together, the brands continue to broaden the company’s consumer footprint and strengthen its innovation-led, category-focused growth strategy.

Complementing the company’s business momentum was the appointment of Ashu Dhingra as Chief Financial Officer in November 2025. In his role, Ashu leads the company’s finance function, with a focus on strengthening governance, capital allocation, financial planning and scalable operating processes to support the company’s long-term strategic ambitions.

Bringing more than 19 years of experience across finance, strategy and business transformation, Dhingra has held leadership positions at Eternal, OLX, Walmart, Marico and ITC. His appointment comes as Visage Lines continues to strengthen its financial controls, reporting processes and governance frameworks. The company also completed its FY26 financial audit in May 2026, in line with timelines typically followed by publicly listed companies.

Commenting on the company’s growth journey and the road ahead, Deepak Gupta, Co-Founder and COO, said, “FY26 represents an important milestone in our journey because it reflects the quality of the business we have been building over the last 10 years. As we enter our next phase, we remain committed to expanding our portfolio, investing in innovation and building an organisation that continues to create enduring value for consumers, partners and shareholders alike”

Shantanu Deshpande, Founder and CEO, added, “For us, progress is measured not only by financial performance, but by building brands that garner greater consumer love as we continue to scale for the future. With Bombay Shaving Company and Bombae we want to create India’s most culture coded hair expression brands that shape behaviour, rituals and modern Indian identities.”

Commenting on his appointment, Ashu Dhingra, Chief Financial Officer, said, “Visage Lines has built a strong portfolio of brands and an equally strong foundation for future growth. My focus will be to further advance the company’s financial efficiency while building scalable systems and processes that support long term value creation.”

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Through Bombay Shaving Company, Bombae and 100Days, Visage Lines has built a portfolio spanning men’s grooming, women’s hair removal and hair styling, as well as technology-enabled services. With improving financial performance, a stronger profitability profile, enhanced governance practices and experienced leadership, the company is positioned to enter its next phase of growth with a continued focus on sustainable, long-term value creation for its stakeholders.