boAt - Unlisted Minds

boAt

₹975.00

0.00% 03 Mar 2026

Listing Status: Active

boat-lifestyle.com

•••• ••••

•••

Key Metrics of boAt

Market Cap 12,791.44 Cr.
Total Equity Funding$171M in 9 rounds
Latest Funding Round—, Angel Feb 01, 2024
Post Money Valuation$1.32B as on Dec 02, 2022
Annual Revenue₹3,098 Cr
EBITDA₹134 Cr
EBITDA Margin4.32%
Net Profit₹61 Cr
Net Profit Margin1.97%

About the Company

Retailer of personal audio and wearable products, plus mobile accessories. The company provides various types of headphones, earphones, and earbuds....

Price on BSE Volume

Funding Rounds

Total Rounds: 9 Boat-lifestyle

S.No.	Date	Round Name	Amount	TTM Revenue	Investors & Facilitators
1.	Feb 1, 2024	Angel	-	$382.5M	-
2.	Oct 28, 2022	Series C	$61.6M	$408.8M	Inst: Warburg Pincus, Malabar Investments
3.	Apr 15, 2021	Series B	$6.6M	$195.4M	Inst: Qualcomm Ventures
4.	Dec 26, 2020	Series B	$100M	$158.3M	Inst: South Lakes Investment, Warburg Pincus, Qualcomm Ventures Facil: Avendus
5.	Sep 1, 2020	Venture Debt	$3.4M	$138.6M	Inst: Innoven Capital
6.	Jul 26, 2019	Venture Debt	$2.3M	$56.1M	Inst: Innoven Capital
7.	Jul 17, 2019	Venture Debt	$2.9M	$56.1M	Inst: Navi
8.	Jan 8, 2019	Seed	$2.2M	$31.5M	Inst: Fireside Ventures
9.	Apr 6, 2018	Seed	$921.7K	$18.2M	Inst: Fireside Ventures

Financial Statements

Revenue - INR (Cr)

Net Profit/Loss - INR (Cr)

Select a year from the tabs

FY 24-25

FY 23-24

FY 22-23

FY 21-22

FY 20-21

FY 19-20

FY 18-19

FY 17-18

FY 16-17

FY 15-16

FY 14-15

FY 13-14

Detailed Income Statement

FY 24-25 (in Cr)

3,097.8

3,073.3

3,070.4

Other operating revenues

2.9

Other income

24.5

3,040.4

Cost of materials consumed

Purchases of stock-in-trade

2,069.8

Changes in inventories of finished goods, work-in-progress and stock-in-trade

105.2

Employee benefit expense

134.8

Finance costs

27.9

39.9

662.8

Consumption of stores and spare parts

Power and fuel

Rent

0.7

Repairs to building

Repairs to machinery

Insurance

5.4

Information technology expenses

24.3

Legal professional charges

19.0

Directors sitting fees

0.4

Advertising promotional expenses

389.7

Impairment loss on financial assets

1.9

Impairment loss on non financial assets

0.8

64.5

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.0

1.2

Miscellaneous expenses

35.3

CSR expenditure

Cost repairs maintenance other assets

1.5

14.6

Total profit before exceptional items, extraordinary items and tax

57.5

Exceptional items before tax

8.6

Total profit before tax

66.1

13.6

Total profit (loss) for period from continuing operations

52.4

Share of profit (loss) of associates

8.6

Total profit (loss) for period

61.1

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 24-25 (in Cr)

1,580.9

471.1

1,109.8

25.4

1,084.4

1,580.9

411.3

326.2

3.9

Deferred tax assets (net)

36.3

Other non-current assets

12.7

1,169.6

Detailed Cash Flow Statement	FY 24-25 (in Cr)
Net cash from / (used in) operating activities	441.6
Net cash from / (used in) investing activities	(93.8)
Net cash from / (used) in financing activities	(323.9)
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	23.9
Effect of exchange rate changes on cash and cash equivalents	(0.6)
Net increase / (decrease) in cash and cash equivalents	23.3
Cash and cash equivalents at the beginning of the year	60.4
Cash and cash equivalents at the end of the year	83.8

Detailed Income Statement

FY 23-24 (in Cr)

3,135.3

3,117.7

3,115.0

Other operating revenues

2.7

Other income

17.7

3,233.6

Cost of materials consumed

Purchases of stock-in-trade

2,271.1

Changes in inventories of finished goods, work-in-progress and stock-in-trade

39.2

Employee benefit expense

130.5

Finance costs

68.4

35.6

688.8

Consumption of stores and spare parts

Power and fuel

Rent

1.3

Repairs to building

Repairs to machinery

Insurance

3.8

Information technology expenses

29.1

Legal professional charges

18.8

Directors sitting fees

0.2

Advertising promotional expenses

365.7

Impairment loss on financial assets

(6.2)

Impairment loss on non financial assets

62.3

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.1

1.1

Miscellaneous expenses

33.8

CSR expenditure

0.7

Cost repairs maintenance other assets

1.6

10.4

Total profit before exceptional items, extraordinary items and tax

(98.2)

Exceptional items before tax

Total profit before tax

(98.2)

(16.6)

Total profit (loss) for period from continuing operations

(81.7)

Share of profit (loss) of associates

2.0

Total profit (loss) for period

(79.7)

Basic earning per equity share

(0.0)

Diluted earnings per equity share

(0.0)

Detailed Balance Sheet

FY 23-24 (in Cr)

1,705.5

407.3

1,298.2

542.7

755.6

1,705.5

490.2

360.2

4.2

Deferred tax assets (net)

55.4

Other non-current assets

22.4

1,215.4

Detailed Cash Flow Statement	FY 23-24 (in Cr)
Net cash from / (used in) operating activities	393.4
Net cash from / (used in) investing activities	(37.4)
Net cash from / (used) in financing activities	(448.6)
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	(92.6)
Effect of exchange rate changes on cash and cash equivalents	5.6
Net increase / (decrease) in cash and cash equivalents	(87.0)
Cash and cash equivalents at the beginning of the year	147.4
Cash and cash equivalents at the end of the year	60.4

Detailed Income Statement

FY 22-23 (in Cr)

3,403.2

3,376.8

3,361.7

Other operating revenues

15.1

Other income

26.4

3,562.1

Cost of materials consumed

Purchases of stock-in-trade

2,526.9

Changes in inventories of finished goods, work-in-progress and stock-in-trade

83.7

Employee benefit expense

99.4

Finance costs

78.4

25.6

748.1

Consumption of stores and spare parts

Power and fuel

Rent

2.9

Repairs to building

Repairs to machinery

Insurance

3.7

Information technology expenses

18.6

Legal professional charges

24.8

Directors sitting fees

0.3

Transportation distribution expenses

58.9

Advertising promotional expenses

427.6

Impairment loss on financial assets

25.3

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.5

1.3

Miscellaneous expenses

28.0

CSR expenditure

2.2

Cost repairs maintenance other assets

1.0

Total profit before exceptional items, extraordinary items and tax

(158.9)

Total profit before tax

(158.9)

(34.3)

Total profit (loss) for period from continuing operations

(124.6)

Share of profit (loss) of associates

(4.8)

Total profit (loss) for period

(129.5)

Basic earning per equity share

(0.0)

Diluted earnings per equity share

(0.0)

Detailed Balance Sheet

FY 22-23 (in Cr)

2,152.4

469.2

1,683.2

557.1

1,126.1

2,152.4

474.3

360.8

27.4

Deferred tax assets (net)

38.2

Other non-current assets

18.2

1,678.1

Detailed Cash Flow Statement	FY 22-23 (in Cr)
Net cash from / (used in) operating activities	(64.2)
Net cash from / (used in) investing activities	(75.1)
Net cash from / (used) in financing activities	233.6
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	94.3
Effect of exchange rate changes on cash and cash equivalents	(7.3)
Net increase / (decrease) in cash and cash equivalents	87.0
Cash and cash equivalents at the beginning of the year	60.4
Cash and cash equivalents at the end of the year	147.4

Detailed Income Statement

FY 21-22 (in Cr)

2,886.4

2,872.9

2,870.8

Other operating revenues

2.1

Other income

13.5

2,787.0

Cost of materials consumed

Purchases of stock-in-trade

2,591.6

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(245.0)

Employee benefit expense

56.1

Finance costs

34.6

9.1

340.6

Consumption of stores and spare parts

Power and fuel

Rent

1.7

Repairs to building

Repairs to machinery

Insurance

5.2

Information technology expenses

Legal professional charges

17.1

Directors sitting fees

0.2

Transportation distribution expenses

43.3

Advertising promotional expenses

99.1

Impairment loss on financial assets

0.7

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

2.0

Miscellaneous expenses

17.9

CSR expenditure

1.3

Cost repairs maintenance other assets

2.5

3.8

Total profit before exceptional items, extraordinary items and tax

99.5

Total profit before tax

99.5

30.0

Total profit (loss) for period from continuing operations

69.4

Share of profit (loss) of associates

(0.7)

Total profit (loss) for period

68.7

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 21-22 (in Cr)

1,985.9

601.9

1,383.9

72.9

1,311.0

1,985.9

369.9

321.2

7.0

Deferred tax assets (net)

3.4

Other non-current assets

9.0

1,616.0

Detailed Cash Flow Statement	FY 21-22 (in Cr)
Net cash from / (used in) operating activities	(347.8)
Net cash from / (used in) investing activities	(632.3)
Net cash from / (used) in financing activities	894.4
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	(85.7)
Effect of exchange rate changes on cash and cash equivalents	1.7
Net increase / (decrease) in cash and cash equivalents	(84.0)
Cash and cash equivalents at the beginning of the year	144.4
Cash and cash equivalents at the end of the year	60.4

Detailed Income Statement

FY 20-21 (in Cr)

1,320.4

1,313.8

1,313.7

Other operating revenues

0.1

Other income

6.6

1,202.2

Cost of materials consumed

Purchases of stock-in-trade

1,254.7

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(233.9)

Employee benefit expense

14.9

Finance costs

11.9

3.2

151.3

Consumption of stores and spare parts

Power and fuel

Rent

0.7

Repairs to building

Repairs to machinery

Insurance

1.3

Legal professional charges

6.2

Directors sitting fees

Transportation distribution expenses

21.7

Advertising promotional expenses

47.9

Impairment loss on financial assets

4.5

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.4

Miscellaneous expenses

7.8

CSR expenditure

0.7

Cost repairs maintenance other assets

0.5

2.9

Total profit before exceptional items, extraordinary items and tax

118.2

Total profit before tax

118.2

31.7

Total profit (loss) for period from continuing operations

86.5

Share of profit (loss) of associates

Total profit (loss) for period

86.5

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 20-21 (in Cr)

678.4

464.2

214.3

7.9

206.4

678.4

23.2

16.4

4.2

Deferred tax assets (net)

2.6

Other non-current assets

0.0

655.3

Detailed Cash Flow Statement	FY 20-21 (in Cr)
Net cash from / (used in) operating activities	(142.1)
Net cash from / (used in) investing activities	(6.7)
Net cash from / (used) in financing activities	287.0
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	138.2
Effect of exchange rate changes on cash and cash equivalents	0
Net increase / (decrease) in cash and cash equivalents	138.2
Cash and cash equivalents at the beginning of the year	6.2
Cash and cash equivalents at the end of the year	144.4

Detailed Income Statement

FY 19-20 (in Cr)

704.1

700.4

Other operating revenues

Other income

3.7

637.6

Cost of materials consumed

Purchases of stock-in-trade

500.2

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(47.7)

Employee benefit expense

6.3

Finance costs

8.5

0.3

Expenditure on production, transportation and other expenditure pertaining to exploration and production activities

169.8

Consumption of stores and spare parts

Power and fuel

Rent

1.2

Repairs to building

Repairs to machinery

Insurance

0.3

Legal professional charges

2.2

Directors sitting fees

Transportation distribution expenses

60.7

Advertising promotional expenses

50.9

12.5

Provision bad doubtful debts created

6.4

Provision bad doubtful loans advances created

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.2

Miscellaneous expenses

5.2

CSR expenditure

0.1

Cost repairs maintenance other assets

0.3

Total profit before prior period items, exceptional items, extraordinary items and tax

66.6

Prior period items before tax

Exceptional items before tax

Total profit before extraordinary items and tax

66.6

Extraordinary items before tax

Total profit before tax

66.6

17.0

Total profit (loss) for period from continuing operations

49.5

Total profit (loss) for period before minority interest

49.5

Profit (loss) of minority interest

Share of profit (loss) of associates

(0.7)

Total profit (loss) for period

48.9

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Nominal value of per equity share

0.0

Detailed Balance Sheet

FY 19-20 (in Cr)

187.1

87.1

99.9

0.1

99.8

187.1

11.8

175.3

Detailed Cash Flow Statement	FY 19-20 (in Cr)
Cash flow from operating activities	0.8
Net cash from / (used in) operating activities	0.8
Cash flow from investing activities	(7.2)
Net cash from / (used in) investing activities	(7.2)
Cash flow from financing activities	13.6
Net cash from / (used) in financing activities	13.6
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	7.3
Net increase / (decrease) in cash and cash equivalents	7.3
Cash and cash equivalents at the end of the year	7.3

Detailed Income Statement

FY 18-19 (in Cr)

240.7

239.4

Other income

1.3

228.3

Cost of materials consumed

Purchases of stock-in-trade

202.0

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(27.0)

Employee benefit expense

13.5

Finance costs

1.9

0.2

37.8

Consumption of stores and spare parts

Power and fuel

Rent

0.2

Repairs to building

Repairs to machinery

Insurance

0.2

0.3

Printing stationery

0.2

Travelling conveyance

0.6

Legal professional charges

1.1

Directors sitting fees

Advertising promotional expenses

15.1

Provision bad doubtful debts created

Provision bad doubtful loans advances created

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.2

Miscellaneous expenses

19.8

Bank charges

0.1

CSR expenditure

Telephone postage

0.0

Electricity expenses

0.0

Total profit before prior period items, exceptional items, extraordinary items and tax

12.4

Total profit before extraordinary items and tax

12.4

Total profit before tax

12.4

3.7

Total profit (loss) for period from continuing operations

8.7

Total profit (loss) for period before minority interest

8.7

Total profit (loss) for period

8.7

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 18-19 (in Cr)

84.2

38.1

46.0

0.0

46.0

84.2

3.5

80.7

Detailed Cash Flow Statement	FY 18-19 (in Cr)
Cash flow from operating activities	(26.1)
Net cash from / (used in) operating activities	(26.1)
Cash flow from investing activities	(0.2)
Net cash from / (used in) investing activities	(0.2)
Cash flow from financing activities	26.3
Net cash from / (used) in financing activities	26.3
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	(0.0)
Net increase / (decrease) in cash and cash equivalents	(0.0)
Cash and cash equivalents at the beginning of the year	0.1
Cash and cash equivalents at the end of the year	0.0

Detailed Income Statement

FY 17-18 (in Cr)

107.6

99.3

Purchases of stock-in-trade

75.9

Changes in inventories of finished goods, work-in-progress and stock-in-trade

0.8

Employee benefit expense

13.1

Finance costs

0.9

0.0

8.5

Rent	0.0
Insurance	0.1
Total rates and taxes excluding taxes on income	0.0
Electricity expenses	0
Telephone postage	0.0
Printing stationery	0.1
Information technology expenses	0
Travelling conveyance	0.3
Catering canteen expenses	0.0
Legal professional charges	1.0
Directors sitting fees	0
Bank charges	0.3
Advertising promotional expenses	3.4
Warranty claim expenses	0
Transportation distribution expenses	0
Discounting charges	1.6
Guarantee commission	0.7
Cost repairs maintenance other assets	0.1
Total cost transportation	0.9
Cost warehousing	0
Cost royalty	0
Total impairment loss on financial assets	0
Provision bad doubtful debts created	0
Total net provisions charged	0
Loss on disposal, discard, demolishment and destruction of depreciable tangible asset	0
Total contract cost	0.0
Total payments to auditor	0.0
CSR expenditure	0
Miscellaneous expenses	0.1

Total profit before prior period items, exceptional items, extraordinary items and tax

8.3

Total profit before extraordinary items and tax

8.3

Total profit before tax

8.3

2.3

Total profit (loss) for period from continuing operations

6.0

Detailed Balance Sheet

FY 17-18 (in Cr)

30.1

3.3

Property, plant and equipment

0.2

Goodwill

Intangible assets under development

Investments accounted for using equity method

3.1

Deferred tax assets (net)

Other intangible assets

Other non-current assets

26.9

30.1

8.4

21.7

0.0

21.7

Detailed Cash Flow Statement	FY 17-18 (in Cr)
Cash flow from operating activities	(0.4)
Net cash from/(used in) operating activities	(0.4)
Cash flow from investing activities	(2.5)
Net cash from/(used in) investing activities	(2.5)
Cash flow from financing activities	2.9
Net cash from/(used) in financing activities	2.9
Net increase/(decrease) in cash and cash equivalents before effect of exchange rate changes	(0.1)
Effect of exchange rate changes on cash and cash equivalents	0
Net increase /(decrease) in cash and cash equivalents	(0.1)
Cash and cash equivalents at the beginning of the year	0.1
Cash and cash equivalents at the end of the year	0.1

Detailed Income Statement

FY 16-17 (in Cr)

27.3

Other income

0.0

24.8

Cost of materials consumed

Purchases of stock-in-trade

20.5

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(5.1)

Employee benefit expense

1.4

Finance costs

0.3

0.0

7.7

Consumption of stores and spare parts

Power and fuel

Rent

0.0

Repairs to building

Repairs to machinery

Insurance

0.0

4.8

Printing stationery

0.0

Travelling conveyance

0.1

Legal professional charges

0.4

Directors sitting fees

Advertising promotional expenses

0.6

Discounting charges

0.2

0.7

Cost warehousing

0.0

Provision bad doubtful debts created

Provision bad doubtful loans advances created

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.0

Miscellaneous expenses

0.5

Bank charges

0.0

CSR expenditure

Cost repairs maintenance other assets

0.0

Telephone postage

0.2

Total profit before prior period items, exceptional items, extraordinary items and tax

2.5

Total profit before extraordinary items and tax

2.5

Total profit before tax

2.5

0.8

Total profit (loss) for period from continuing operations

1.7

Total profit (loss) for period before minority interest

1.7

Total profit (loss) for period

1.7

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Nominal value of per equity share

0.0

Detailed Balance Sheet

FY 16-17 (in Cr)

11.2

2.4

8.7

3.9

4.8

11.2

0.0

11.1

Detailed Cash Flow Statement	FY 16-17 (in Cr)
Cash flow from operating activities	2.5
Net cash from / (used in) operating activities	2.5
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	2.5
Net increase / (decrease) in cash and cash equivalents	2.5

Detailed Income Statement

FY 15-16 (in Cr)

9.9

Other income

0.0

9.3

Cost of materials consumed

Purchases of stock-in-trade

5.6

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(0.0)

Employee benefit expense

0.5

Finance costs

0.2

Total depreciation, depletion and amortisation expense

0.0

3.1

Total profit before prior period items, exceptional items, extraordinary items and tax

0.6

Exceptional items before tax

Total profit before extraordinary items and tax

0.6

Extraordinary items before tax

Total profit before tax

0.6

0.2

Total profit (loss) for period from continuing operations

0.4

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

0.4

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 15-16 (in Cr)

3.7

0.8

2.9

1.7

1.1

3.7

0.0

Deferred tax assets (net)

Other non-current assets

3.6

Detailed Cash Flow Statement	FY 15-16 (in Cr)

Detailed Income Statement

FY 14-15 (in Cr)

5.5

Other income

5.1

Cost of materials consumed

Purchases of stock-in-trade

4.7

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(1.8)

Employee benefit expense

0.3

Finance costs

0.1

Total depreciation, depletion and amortisation expense

1.7

Total profit before prior period items, exceptional items, extraordinary items and tax

0.5

Exceptional items before tax

Total profit before extraordinary items and tax

0.5

Extraordinary items before tax

Total profit before tax

0.5

0.1

Total profit (loss) for period from continuing operations

0.3

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

0.3

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 14-15 (in Cr)

2.8

0.4

2.5

1.4

1.0

2.8

Deferred tax assets (net)

Other non-current assets

2.8

Detailed Cash Flow Statement	FY 14-15 (in Cr)

Detailed Income Statement

FY 13-14 (in Cr)

0.0

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

Finance costs

0.0

Rent	0
Insurance	0
Total rates and taxes excluding taxes on income	0
Electricity expenses	0
Telephone postage	0
Printing stationery	0
Information technology expenses	0
Travelling conveyance	0
Catering canteen expenses	0
Legal professional charges	0
Directors sitting fees	0
Bank charges	0
Advertising promotional expenses	0
Warranty claim expenses	0
Transportation distribution expenses	0
Discounting charges	0
Guarantee commission	0
Cost repairs maintenance other assets	0
Total cost transportation	0
Cost warehousing	0
Cost royalty	0
Total impairment loss on financial assets	0
Provision bad doubtful debts created	0
Total net provisions charged	0
Loss on disposal, discard, demolishment and destruction of depreciable tangible asset	0
Total contract cost	0
Total payments to auditor	0
CSR expenditure	0
Miscellaneous expenses	0