Kerala-based Popees Baby Care Products Ltd, which operates the Popees baby and kids-wear brand, is planning to expand its presence across India, backed by revenue growth, manufacturing capabilities and opportunities in the baby care segment.
The company reported a nearly 20 per cent increase in revenue from operations to ₹161.93 crore in FY26, from ₹135.30 crore in the previous financial year. Net profit rose around 14 per cent to ₹8.37 crore from ₹7.37 crore in FY25, strengthening its financial position to support expansion.
Popees plans to widen its reach beyond its established South Indian markets, targeting families seeking quality products for new-borns and growing children. Its portfolio includes baby and children’s clothing, diapers, wipes, toiletries, infant essentials, maternity wear, footwear and other baby care products.
The company operates three manufacturing facilities across Kerala, Karnataka and Tamil Nadu, with a combined installed production capacity of approximately nine lakh sets a month. Its manufacturing network, supported by an established retail and distribution presence, is expected to facilitate expansion into new markets.
Shaju Thomas, Managing Director of Popees Baby Care India Ltd.
“Our ambition is to take Popees beyond its established markets in South India and build a stronger national presence across the baby care and kids-wear segments. With a diversified product portfolio, manufacturing capabilities across three states and a brand built over more than two decades, we are well positioned to reach more families across India,” said Shaju Thomas, Managing Director of Popees Baby Care India Ltd.
“The proposed integration with the listed entity is an important step in this journey, providing a platform to scale our operations, expand our reach and build long-term value for our customers and shareholders,” he added.
Popees Baby Care India Ltd, formerly Hari Govind International Ltd, has approved the proposed acquisition of a 99.31% stake in Popees Baby Care Products Ltd through a share-swap arrangement. Valued at approximately ₹511.33 crore, the transaction is intended to bring the operating business under the listed entity, subject to applicable approvals and completion of the transaction.