India’s leading gifting and floral retail brand Ferns N Petals (FNP) has reported strong financial growth for the financial year ending March 2025 (FY25). The Gurugram-based company clocked ₹861 crore in operating revenue, reflecting a healthy year-on-year growth as it continues to strengthen its omni-channel presence across India and overseas markets.
The latest financial filings indicate that while the company is still reporting losses, it has successfully narrowed them compared to the previous fiscal year — a positive signal for its long-term sustainability and profitability roadmap.
Revenue Growth Driven by Core Product Sales
FNP’s operating revenue rose 22% to ₹861 crore in FY25, up from approximately ₹705 crore in FY24. The majority of this revenue came from its core business of selling flowers, cakes, personalised gifts, and festive hampers. Product sales alone contributed nearly 91% of the total operating revenue, underscoring the brand’s dominance in India’s organised gifting segment.
According to Entrackr, the company has benefitted from rising online gifting demand, premium product offerings, and strong seasonal sales during festivals like Diwali, Raksha Bandhan, Valentine’s Day and Mother’s Day. Its wide distribution network, same-day delivery capabilities, and expanding franchise model have further strengthened its market reach.
In addition to product sales, the company generated income from service charges, delivery fees, and franchise-related earnings, contributing to overall revenue growth. Including other income streams, FNP’s total income touched around ₹869 crore during FY25.
FNP Rising Expenses but Improved Efficiency
As the company scaled operations, overall expenses also increased. The cost of materials remained the highest expense head, rising significantly compared to the previous year due to increased sales volume. Advertising and promotional expenses also saw a jump, as the company continued investing in brand visibility and customer acquisition campaigns across digital and offline platforms.
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Employee benefit expenses increased as well, reflecting hiring and workforce expansion to support growth. Other operational costs such as rent, logistics, and depreciation contributed to total expenses of approximately ₹890 crore during FY25.
Despite higher expenditures, FNP managed to improve its overall efficiency, reducing its net loss by over 8% year-on-year. The company reported a net loss of around ₹22 crore in FY25, compared to a larger loss in the previous fiscal year. This suggests better cost discipline and operational optimisation.
Cash Position and Financial Health
FNP closed FY25 with cash and bank balances of roughly ₹74 crore, indicating adequate liquidity to support working capital requirements and expansion plans. Total assets stood at over ₹200 crore by the end of March 2025.
Though profitability remains a work in progress, the reduction in losses and sustained revenue growth indicate that the company is moving in a stable direction. Margins continue to face pressure due to advertising and operational expenses, but improved revenue realisation and better cost management appear to be supporting gradual financial improvement.
Competitive Landscape and Future Outlook
The gifting and floral segment in India has become increasingly competitive, with digital-first startups and established retail players vying for market share. However, FNP continues to hold a strong brand recall built over decades, supported by its franchise expansion model, global presence, and diversification into weddings and events.
With growing consumer demand for personalised gifting, premium bouquets, curated hampers and express deliveries, the organised gifting market is expected to expand further. If FNP continues its revenue momentum while tightening operational costs, it could move closer to profitability in the coming years.
Overall, FY25 has been a year of balanced growth for FNP — higher revenue, controlled losses, and a clear push toward operational efficiency — setting the stage for a more stable financial performance ahead.