About TheThickShake Factory
TheThickShake Factory is a Consumer company based in Hyderabad (India) founded in 2013 by Ashwin Mocherla and Yeshwanth Mocherla. It operates a chain of restaurants specializing in delicious milkshake offerings. It operates on a B2C model. The company has 50 employees. Its Indian entity Thethick Shake Factory Limited reported revenue of ₹21.81 Cr. Its focus areas include Food and Beverage, Hospitality, Restaurant Chains and Specialty Beverages. Its competitors include Devyani International, Biggies Burger N More and Keventers; 2 of its 3 listed competitors have raised funding.
Company details
TheThickShake Factory operates a chain of restaurants specializing in delicious milkshake offerings, focusing on food and beverage, offering hospitality services, restaurant chains, and specialty beverages. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Hyderabad, India
- Employees 50
- Founders Ashwin Mocherla, Yeshwanth Mocherla
- SectorsConsumer
- Website thethickshakefactory.com
- Legal Name Thethick Shake Factory Private Limited
- Date of Incorporation 18 Oct, 2016
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹21.81 Cr
FY 2024 · +98% YoY
- Net Profit₹3.96 Cr
FY 2024 · 18% margin
- EBITDA₹7.33 Cr
FY 2024 · 34% margin
- Employee Count50
Associated legal entities of TheThickShake Factory
TheThickShake Factory is associated with 2 registered companies on The Company Check; the primary company is Thethick Shake Factory Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Thethick Shake Factory Limited CIN U15110TG2016PLC112490 | Active | 18 Oct 2016 | Hyderabad, Telangana | ₹21.8 Cr | 50 | 3 | View details |
| Thethick Shake Factory Private Limited CIN U15110TG2016PTC112490 | 18 Oct 2016 | Hyderabad, Telangana, India | View details |
Board of directors of Thethick Shake Factory Limited (TheThickShake Factory)
Thethick Shake Factory Limited is the primary company behind TheThickShake Factory. The board of Thethick Shake Factory Limited currently have 3 directors; the longest-serving is Yeshwanthnag Mocherla, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Yeshwanthnag Mocherla DIN 06614453 | Director | 18 Oct 2016 | 10 yrs | Thethick Shake Factory Limited |
| Ashwin Ananth Nag Mocherla DIN 06902702 | Director | 18 Oct 2016 | 10 yrs | Thethick Shake Factory Limited |
| Anantha Jyothi Mocherla DIN 02003045 | Director | 24 Dec 2024 | 1 yr 10 mo | Thethick Shake Factory Limited |
People of TheThickShake Factory
2 people are tracked at TheThickShake Factory (2 in leadership); the tracked headcount is 50.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Yeshwanth Mocherla | Co-Founder | Leadership |
Complete people profiles for TheThickShake Factory
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Financials of TheThickShake Factory
Figures of Thethick Shake Factory Limited, the primary company behind TheThickShake Factory, for FY 2024. Revenue was ₹21.81 Cr (+98% year on year). Net profit was ₹3.96 Cr (18% margin). EBITDA was ₹7.33 Cr (34% margin). Revenue has grown at a compounded annual rate of +42% over three years and -1% over five years.
- ₹21.81 CrRevenue · FY 2024 · +98% YoY
- ₹3.96 CrNet profit · 18% margin
- ₹7.33 CrEBITDA · 34% margin
- ₹5.00 CrPaid-up capital
- 50Employees (provident fund records)
- +42%Revenue CAGR, 3 years
- -1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Thethick Shake Factory Limited are on its company page.
Detailed financial statements for TheThickShake Factory
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Competitors of TheThickShake Factory
TheThickShake Factory has 3 listed competitors in our database, 2 of them funded. They include Devyani International, Biggies Burger N More and Keventers.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dil-rjcorp.com | 1991 | Delhi, India | $153.03M | 16,371 | Quick-service restaurants and food courts are developed and operated. | |
| biggiesburger.com | 2011 | Bengaluru, India | $1.29M | 133 | Restaurant chain serving American fast food and snacks | |
| keventers.com | 1925 | Delhi, India | 624 | Juices and smoothies are served at Keventers' limited service outlets. |
Detailed competitors of TheThickShake Factory
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Web traffic of TheThickShake Factory
The website of TheThickShake Factory (thethickshakefactory.com) receives about 8.5K visits a month.
- Monthly visits8.5K
▼ 28.2% vs previous month
Websites whose visitors overlap most with TheThickShake Factory. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| kouzinafoodtech.com | 100% | 13.4K | #1,422,371 | View details |
Top companies in Food Service Chains
2 companies that operate in the same segment as TheThickShake Factory (Food Service Chains) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Coffee and related products are served by a restaurant chain. | 1993 | Bengaluru, Karnataka, India | USD 236.07 M | USD 110.67 M | 2,863 | |
Tea and snacks are served by Chaayos in limited-service restaurants. | 2012 | Delhi, Delhi, India | USD 94.23 M | USD 38.52 M | 2,075 |
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Related news about Thethickshake Factory
Complete news archive for TheThickShake Factory
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Frequently Asked Questions about TheThickShake Factory
TheThickShake Factory was founded in 2013.
TheThickShake Factory is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
TheThickShake Factory has 50 employees.
The primary company behind TheThickShake Factory, Thethick Shake Factory Limited, reported revenue of ₹21.81 Cr for FY 2024, up 98% year on year.
TheThickShake Factory operates a chain of restaurants specializing in delicious milkshake offerings, focusing on food and beverage, offering hospitality services, restaurant chains, and specialty beverages. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
TheThickShake Factory's top competitors include Devyani International, Keventers and Biggies Burger N More.
TheThickShake Factory operates through Thethick Shake Factory Limited.
The legal entities of TheThickShake Factory currently have 3 directors, including Anantha Jyothi Mocherla, Yeshwanthnag Mocherla, Ashwin Ananth Nag Mocherla.