About Factory Retail Outlet
Factory Retail Outlet is a Retail company based in Aurangabad (India) founded in 2021. Functions as an online retail platform for multi-category home appliances. It operates on a B2C model. The company has 27 employees. Its Indian entity Silveroak Home Appliances Private Limited reported revenue of ₹20.92 Cr. Its focus areas include E-commerce, Home Appliances and Multi-brand Retail. Its competitors include Geek, LUDHIANA SPARE CENTRE and Kitchen Brand Store; 1 of its 3 listed competitors has raised funding.
Company details
Factory Retail Outlet functions as an online retail platform for multi-category home appliances through engaging in retail operations, operating online marketplaces, home appliances, and multi-brand retail. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
- Headquarters Aurangabad, India
- Employees 27
- SectorsRetail
- Website factoryretailoutlet.com
- Legal Name Silveroak Home Appliances Private Limited
- Date of Incorporation 14 Jun, 2016
- Jurisdiction Aurangabad, Maharashtra, India
- Annual Revenue₹20.92 Cr
FY 2023 · +30% YoY
- Net Loss-₹13.23 Cr
FY 2023 · -63% margin
- EBITDA-₹12.05 Cr
FY 2023 · -58% margin
- Employee Count27
Associated legal entities of Factory Retail Outlet
Factory Retail Outlet is associated with 2 registered companies on The Company Check; the primary company is Silveroak Home Appliances Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Silveroak Home Appliances Private Limited CIN U52334MH2016PTC282337 | Active | 14 Jun 2016 | Aurangabad, Maharashtra | ₹20.9 Cr | 27 | 2 | View details |
| Vtoc Digital Private Limited CIN U72900MH2022PTC380293 | Active | 11 Apr 2022 | Aurangabad, Maharashtra | ₹0.0 Cr | 4 | View details |
Board of directors of Silveroak Home Appliances Private Limited (Factory Retail Outlet)
Silveroak Home Appliances Private Limited is the primary company behind Factory Retail Outlet. The boards of the 2 registered companies of Factory Retail Outlet currently have 6 directors; the longest-serving is Mukesh Kalikaprasad Vishwakarma, appointed in 2022. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mukesh Kalikaprasad Vishwakarma DIN 09550492 | Additional Director | 30 Mar 2022 | 4 yrs 6 mo | Silveroak Home Appliances Private Limited |
| Dilip Shantaram Pawar DIN 06716498 | Director | 11 Apr 2022 | 4 yrs 6 mo | Vtoc Digital Private Limited |
| Shahnil Shabbir Saya DIN 09567696 | Director | 11 Apr 2022 | 4 yrs 6 mo | Vtoc Digital Private Limited |
| Vishnu Tukaram Gande DIN 10525605 | Director | 16 Apr 2024 | 2 yrs 6 mo | Vtoc Digital Private Limited |
| Pandharinath Sarangdhar Aher DIN 10524894 | Director | 16 Apr 2024 | 2 yrs 6 mo | Vtoc Digital Private Limited |
| Sachin Murlidhar Pawar DIN 10985567 | Additional Director | 06 Mar 2025 | 1 yr 7 mo | Silveroak Home Appliances Private Limited |
Financials of Factory Retail Outlet
Figures of Silveroak Home Appliances Private Limited, the primary company behind Factory Retail Outlet, for FY 2023. Revenue was ₹20.92 Cr (+30% year on year). Net loss was -₹13.23 Cr (-63% margin). EBITDA was -₹12.05 Cr (-58% margin). Revenue has grown at a compounded annual rate of +18% over three years.
- ₹20.92 CrRevenue · FY 2023 · +30% YoY
- -₹13.23 CrNet loss · -63% margin
- -₹12.05 CrEBITDA · -58% margin
- ₹1,000Paid-up capital
- 27Employees (provident fund records)
- +18%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Silveroak Home Appliances Private Limited are on its company page.
Detailed financial statements for Factory Retail Outlet
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- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Factory Retail Outlet
Factory Retail Outlet has 3 listed competitors in our database, 1 of them funded. They include Geek, LUDHIANA SPARE CENTRE and Kitchen Brand Store.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| geektechnology.in | 2017 | Chennai, India | $466,600 | Home and kitchen appliances are retailed online by the company. | ||
| ludhianasparecentre.com | 1995 | Ludhiana, India | Provides electrical spare parts, home automation, lighting, and viral products for customers. | |||
| kitchenbrandstore.com | 2015 | Gurugram, India | Sells kitchen appliances like microwaves and dishwashers through online platform. |
Detailed competitors of Factory Retail Outlet
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Consumer Electronics E-Commerce
3 companies that operate in the same segment as Factory Retail Outlet (Consumer Electronics E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Refurbished and new gadgets are offered through an online marketplace. | 2009 | Gurugram, Haryana, India | USD 130.05 M | USD 99.25 M | 1,264 | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Personal audio products, wearables, and mobile accessories are retailed. | 2016 | Gurugram, Haryana, India | USD 206 M | USD 366.28 M | 495 |
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Frequently Asked Questions about Factory Retail Outlet
Factory Retail Outlet was founded in 2021.
Factory Retail Outlet is headquartered in Aurangabad, India. It is registered at Aurangabad, Maharashtra, India.
Factory Retail Outlet has 27 employees.
The primary company behind Factory Retail Outlet, Silveroak Home Appliances Private Limited, reported revenue of ₹20.92 Cr for FY 2023, up 30% year on year.
Factory Retail Outlet functions as an online retail platform for multi-category home appliances through engaging in retail operations, operating online marketplaces, home appliances, and multi-brand retail. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
Factory Retail Outlet's top competitors include Geek, LUDHIANA SPARE CENTRE and Kitchen Brand Store.
Factory Retail Outlet is associated with 2 legal entities: Silveroak Home Appliances Private Limited, Vtoc Digital Private Limited.
The legal entities of Factory Retail Outlet currently have 6 directors, including Dilip Shantaram Pawar, Shahnil Shabbir Saya, Vishnu Tukaram Gande and others.