Dava Discount - 2026 Company Profile, Team & Financials

About Dava Discount

Dava Discount is a publicly listed company based in Mumbai (India) founded in 2022. It operates an online platform selling diversified medical products at discounted prices. It operates on a B2C model. Its Indian entity Rajnish Wellness Limited reported revenue of ₹143 Cr. Its focus areas include E-commerce, Medical Products and Discount Sales. Similar companies include Tata 1mg, Netmeds and PharmEasy; 3 of its 3 listed similar companies have raised funding.

Company details

Dava Discount, based in Mumbai, focuses on engaging in retail operations, operating online marketplaces, medical products, and discount sales. Operates an online platform selling diversified medical products at discounted prices. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.

Headquarters Mumbai, India
Stage Public
Sectors
Retail
Website davadiscount.in
Social X Facebook
Legal Name Rajnish Wellness Limited
Date of Incorporation 13 Jun, 2015
Jurisdiction Mumbai, Maharashtra, India

Operational Areas

Retail → Fashion & Lifestyle E-Commerce

Key Metrics

Market Cap
₹35.54 Cr
RAJNISH · BSE
Share Price
₹0.36
+2.86% today
Revenue
₹142 Cr
FY 2025-26 · +191.9% YoY
EBITDA
−₹9.22 Cr
Margin -6.5%
Net Profit
−₹6.29 Cr
FY 2025-26 · -3800.0% YoY

Associated legal entities of Dava Discount

Dava Discount operates through Rajnish Wellness Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.

Legal entity	Status	Incorporated	Registered in	Revenue (FY 2026)	Employees	Directors	Company page
Rajnish Wellness Limited Listed CIN L52100MH2015PLC265526	Active	13 Jun 2015	Malad West, Maharashtra	₹143 Cr	18	7	View details

Board of directors of Rajnish Wellness Limited (Dava Discount)

Rajnish Wellness Limited is the primary company behind Dava Discount. The board of Rajnish Wellness Limited currently have 5 directors; the longest-serving is Rajnishkumar Surendraprasad Singh, appointed in 2015. 11 earlier directors have ceased.

Director	Designation	Appointed	Tenure	Entity
Rajnishkumar Surendraprasad Singh DIN 07192704	Managing Director	13 Jun 2015	11 yrs 4 mo	Rajnish Wellness Limited
Monam Kapoor DIN 09278005	Director	10 Feb 2022	4 yrs 8 mo	Rajnish Wellness Limited
Preeti DIN 09662113	Director	07 Sep 2022	4 yrs 1 mo	Rajnish Wellness Limited
Swati Jain DIN 09436199	Director	09 May 2023	3 yrs 5 mo	Rajnish Wellness Limited
Saloni Mehra DIN 10062907	Director	09 May 2023	3 yrs 5 mo	Rajnish Wellness Limited

IPO & Listings of Dava Discount

Dava Discount is a publicly listed company on the BSE with ticker symbol RAJNISH in India, operating in the Pharmaceuticals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Listed onBSE: RAJNISH
Listed entityRajnish Wellness Limited
Exchange sectorPharmaceuticals

Financials of Dava Discount

Exchange-reported figures of Rajnish Wellness Limited, the listed company behind Dava Discount (BSE: RAJNISH).

Financial Highlights

FY 2025-26 · Standalone

Revenue

₹142 Cr

+191.9% YoY

EBITDA

−₹9.22 Cr

Profit After Tax

−₹6.29 Cr

-3800.0% YoY

Net Worth

₹103 Cr

+21.9% YoY

Total Assets

₹105 Cr

+21.3% YoY

Total Debt

₹0.17 Cr

-5.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Income statement
Revenue	142	48.56	76.68	25.83	26.44	13.34	13.75
Revenue growth	+191.9%	-36.7%	+196.9%	-2.3%	+98.2%	-3.0%	-
EBITDA	(9.22)	0.00	1.98	(1.10)	(0.17)	(3.17)	0.14
EBITDA margin	-6.5%	0.0%	+2.6%	-4.3%	-0.6%	-23.8%	+1.0%
Profit before tax	(8.42)	0.23	1.44	0.64	0.48	0.11	(0.61)
Net profit	(6.29)	0.17	1.02	0.47	0.41	0.09	(0.60)
Net profit margin	-4.4%	+0.4%	+1.3%	+1.8%	+1.6%	+0.7%	-4.4%
EPS (₹)	(0.06)	0.00	0.01	0.01	0.37	0.21	(1.30)
Balance sheet
Total assets	105	86.79	90.75	93.17	31.13	30.37	29.34
Net worth	103	84.16	83.99	82.98	22.12	21.72	21.62
Total debt	0.17	0.18	4.92	10.18	0.00	0.00	7.71
Cash & bank	9.59	0.40	0.24	0.34	0.91	0.18	0.08
Net working capital	80.30	70.87	65.53	31.98	30.37	29.11	28.65
Cash flow
Cash from operations	(8.65)	(4.25)	1.70	(62.08)	(0.01)	0.09	(6.51)
Cash from investing	(6.87)	9.34	(0.04)	(0.03)	(0.03)	0.00	0.00
Cash from financing	24.72	(4.93)	(1.77)	61.54	0.78	(0.03)	5.05

Particulars	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024
Revenue	31.01	102	23.24	12.00	4.56	5.77	9.06	17.42
Revenue growth (YoY)	+580.0%	+1666.9%	+156.5%	-31.1%	-72.0%	-	-	-
Other income	0.08	0.02	0.37	0.31	0.12	0.16	0.01	0.00
Total expenses	30.96	109	24.62	12.22	4.38	6.39	8.93	16.94
EBITDA	0.05	(6.84)	(1.38)	(0.22)	0.18	(0.62)	0.13	0.48
EBITDA margin	+0.2%	-6.7%	-5.9%	-1.8%	+3.9%	-10.7%	+1.4%	+2.8%
Depreciation	0.01	0.01	0.01	0.00	0.00	0.01	0.01	0.01
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.04	0.10
Profit before tax	0.12	(6.83)	(1.02)	0.09	0.30	(0.47)	0.09	0.37
Tax	0.00	(2.13)	(0.10)	0.02	0.08	0.00	0.02	0.09

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 04 Nov 2026

Particulars	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024
Revenue	31.01	102	23.24	12.00	4.56	5.77	9.06	17.42
Revenue growth (YoY)	+580.0%	+1666.9%	+156.5%	-31.1%	-72.0%	-	-	-
Other income	0.08	0.02	0.37	0.31	0.12	0.16	0.01	0.00
Total expenses	30.96	109	24.62	12.22	4.38	6.39	8.93	16.94
EBITDA	0.05	(6.84)	(1.38)	(0.22)	0.18	(0.62)	0.13	0.48
EBITDA margin	+0.2%	-6.7%	-5.9%	-1.8%	+3.9%	-10.7%	+1.4%	+2.8%
Depreciation	0.01	0.01	0.01	0.00	0.00	0.01	0.01	0.01
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.04	0.10
Profit before tax	0.12	(6.83)	(1.02)	0.09	0.30	(0.47)	0.09	0.37
Tax	0.00	(2.13)	(0.10)	0.02	0.08	0.00	0.02	0.09

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Revenue	142	48.56	76.68	25.83	26.44	13.34	13.75
Revenue growth	+191.9%	-36.7%	+196.9%	-2.3%	+98.2%	-3.0%	-
Other income	0.82	0.52	0.00	1.79	0.94	3.64	0.19
Total expenses	151	48.56	74.70	26.93	26.61	16.51	13.61
Employee cost	1.49	0.71	0.77	1.62	0.71	0.33	0.29
EBITDA	(9.22)	0.00	1.98	(1.10)	(0.17)	(3.17)	0.14
EBITDA margin	-6.5%	0.0%	+2.6%	-4.3%	-0.6%	-23.8%	+1.0%
Depreciation	0.02	0.02	0.02	0.01	0.01	0.06	0.05
Interest	0.00	0.27	0.52	0.04	0.28	0.30	0.89
Profit before tax	(8.42)	0.23	1.44	0.64	0.48	0.11	(0.61)
Tax	(2.13)	0.06	0.42	0.17	0.07	0.02	(0.01)
Net profit	(6.29)	0.17	1.02	0.47	0.41	0.09	(0.60)
Net profit margin	-4.4%	+0.4%	+1.3%	+1.8%	+1.6%	+0.7%	-4.4%
EPS (₹)	(0.06)	0.00	0.01	0.01	0.37	0.21	(1.30)

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Equity & liabilities
Share capital	102	76.85	76.85	76.85	10.52	4.67	4.67
Reserves & surplus	1.03	7.31	7.14	6.13	11.60	17.05	16.95
Shareholders' funds (net worth)	103	84.16	83.99	82.98	22.12	21.72	21.62
Secured loans	0.00	0.00	4.12	4.98	0.00	0.00	5.27
Unsecured loans	0.17	0.18	0.80	5.20	0.00	0.00	2.44
Total debt	0.17	0.18	4.92	10.18	0.00	0.00	7.71
Total liabilities	105	86.79	90.75	93.17	31.13	30.37	29.34
Assets
Gross block	0.23	0.21	0.20	0.30	0.27	0.24	0.24
Net block	0.05	0.05	0.06	0.04	0.02	0.00	0.06
Capital work in progress	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	7.55	3.31	0.00	0.00	0.00	0.00	0.00
Inventories	13.15	9.87	9.27	3.75	2.10	1.10	1.04
Sundry debtors	19.31	26.69	33.66	20.19	16.20	16.80	11.99
Cash & bank balances	9.59	0.40	0.24	0.34	0.91	0.18	0.08
Loans & advances	41.58	38.40	37.87	13.43	15.13	15.18	19.34
Total current assets	83.63	75.36	81.04	37.71	34.34	33.26	32.45
Total current liabilities	3.33	4.49	15.51	5.73	3.97	4.15	3.80
Net working capital	80.30	70.87	65.53	31.98	30.37	29.11	28.65
Total assets	105	86.79	90.75	93.17	31.13	30.37	29.34

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Opening cash	0.40	0.24	0.34	0.91	0.18	0.07	1.55
Net cash from operating activities	(8.65)	(4.25)	1.70	(62.08)	(0.01)	0.09	(6.51)
Net cash from investing activities	(6.87)	9.34	(0.04)	(0.03)	(0.03)	0.00	0.00
Net cash from financing activities	24.72	(4.93)	(1.77)	61.54	0.78	(0.03)	5.05
Net change in cash	9.20	0.16	(0.11)	(0.57)	0.74	0.06	(1.46)
Closing cash	9.59	0.40	0.24	0.34	0.91	0.18	0.08

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Growth
Sales growth	+191.9%	-36.7%	+196.9%	-2.3%	+98.2%	-3.0%	-
EBITDA growth	-	-100.0%	+280.0%	-547.1%	+94.6%	-2364.3%	-
PBT growth	-	-84.0%	+125.0%	+33.3%	+336.4%	+9998.0%	-
Net income growth	-3800.0%	-83.3%	+117.0%	+14.6%	+355.6%	+115.0%	-
Revenue CAGR (3Y)	+76.4%	+22.5%	+79.1%	+23.4%	-14.1%	-21.4%	-18.4%
EBITDA CAGR (3Y)	+103.1%	-100.0%	-	-	-	-	-50.9%
Profitability & leverage
Net income margin	-4.4%	+0.4%	+1.3%	+1.8%	+1.6%	+0.7%	-4.4%
Return on capital employed	0.0%	+0.6%	+2.1%	+1.1%	+2.4%	+1.4%	+1.0%
Return on net worth	0.0%	+0.2%	+1.2%	+0.9%	+1.8%	+0.5%	-2.8%
Debt / equity	0.00	0.03	0.09	0.10	0.00	0.18	0.28
Long-term debt / equity	0.00	0.01	0.04	0.05	0.00	0.13	0.14
Interest cover	0.00	-1,350.00	26.53	-3.60	-155.56	-9.29	988.89
Efficiency & per share
Fixed asset turnover	644.32	236.88	306.72	90.63	103.69	55.58	57.29
Inventory turnover	12.32	5.07	11.78	8.83	16.53	12.47	6.91
Debtors turnover	6.16	1.61	2.85	1.42	1.60	0.93	0.90
EPS (₹)	(0.06)	0.00	0.01	0.01	0.37	0.21	(1.30)
Dividend per share (₹)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per share (₹)	1.01	1.10	1.09	1.08	21.04	46.49	46.28

Similar companies to Dava Discount

Dava Discount has 3 listed similar companies in our database, 3 of them funded. They include Tata 1mg, Netmeds and PharmEasy.

Company Name	Domain	Founded	HQ Location	Total funding	Employees	Description
Tata 1mg	1mg.com	2015	Delhi, India	$230.8M	4,419	Provider of an online pharmacy with doctor listing and teleconsultation services
Netmeds	netmeds.com	2015	Chennai, India	$109M	988	Provider of an online store for medicines and healthcare products
PharmEasy	pharmeasy.in	2015	Mumbai, India	$688.41M	493	Provider of an online pharmacy and healthcare platforms

Premium access

Detailed similar companies of Dava Discount

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

Full competitor set
Operating metrics
Benchmarks
Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Fashion & Lifestyle E-Commerce

3 companies that operate in the same segment as Dava Discount (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.

Company	Description	Founded	Location	Total funding	Revenue	Employees
Lenskart	Eyewear is offered online for men, women, and kids.	2010	Gurugram, Haryana, India	USD 1.04 B	USD 939.4 M	18,984
Myntra	Fashion and lifestyle products are offered via an online marketplace.	2007	Bengaluru, Karnataka, India	USD 123.71 M	USD 542.17 M	1,108
GIVA	Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.	2019	Bengaluru, Karnataka, India	USD 144.58 M	USD 32.66 M	711

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.

Included in your Premium account

✓
Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
✓
Full access to every database India & global coverage, advanced filters and rich profile details
✓
Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Dava Discount

Akshar Spintex Ltd leads losers in 'B' group | Capital Market News - Business Standard

Business Standard • 1 year ago

Rajnish Wellness Ltd leads losers in 'B' group | Capital Market News - Business Standard

Business Standard • 1 year ago

Rajnish Wellness reports standalone net profit of Rs 0.16 crore in the September 2022 quarter

India Infoline • 1 year ago

Rajnish Wellness To Consider Fund Raising

Reuters • 1 year ago

Rajnish Wellness Withdraws Of Right Issue

Reuters • 1 year ago

Rajnish Wellness Receives Acquisition Offer For Davadiscount And Playwin Brand

Reuters • 2 years ago

Rajnish Wellness Opens 20 New Outlets Across India

Reuters • 2 years ago

Rajnish Wellness Will Invest 500 Million Rupees To Open New Grocery Super Market Stores

Reuters • 2 years ago

Rajnish Wellness Approves Proposal To Raise Up To 499 Million Rupees

Reuters • 3 years ago

Rajnish Wellness Receives Approval From Eastern Railway

Reuters • 3 years ago

Premium access

Complete news archive for Dava Discount

Full article history, source details, and older brand coverage require an active premium plan.

Full article archive
Source and publication date
Older coverage
Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Dava Discount

When was Dava Discount founded?

Dava Discount was founded in 2022.

Where is Dava Discount located?

Dava Discount is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

What is the annual revenue of Dava Discount?

The primary company behind Dava Discount, Rajnish Wellness Limited, reported revenue of ₹143 Cr for FY 2026, up 192% year on year.

What does Dava Discount do?

Dava Discount, based in Mumbai, focuses on engaging in retail operations, operating online marketplaces, medical products, and discount sales. Operates an online platform selling diversified medical products at discounted prices. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.

Which companies are similar to Dava Discount?

Dava Discount's top competitors include Tata 1mg, PharmEasy and Netmeds.

Is Dava Discount publicly traded?

Yes, Dava Discount is publicly traded on BSE under the ticker symbol RAJNISH.

Which legal entities are associated with Dava Discount?

Dava Discount operates through Rajnish Wellness Limited.

Who are the directors of Dava Discount?

The legal entities of Dava Discount currently have 7 directors, including Monam Kapoor, Anupma Kashyap, Rajnishkumar Surendraprasad Singh and others.

About Dava Discount

Company details

Operational Areas of Dava Discount

Associated legal entities of Dava Discount

Board of directors of Rajnish Wellness Limited (Dava Discount)

IPO & Listings of Dava Discount

Financials of Dava Discount

Financial Highlights

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr Standalone AnnualQuarterly

Financial Statements

Similar companies to Dava Discount

Detailed similar companies of Dava Discount

Top companies in Fashion & Lifestyle E-Commerce

Related news about Dava Discount

Complete news archive for Dava Discount

Frequently Asked Questions about Dava Discount

Financial summary ₹ Cr