Tractor Junction Surpasses Rs 100 Crore Revenue in FY25

Tractor Junction, a marketplace centred around tractors, showcased robust growth in FY25, with operating revenue increasing 1.7 times to exceed Rs 100 crore, following an impressive 2.3 times growth in the preceding fiscal year. According to its consolidated financial statements submitted to the Registrar of Companies (RoC), Tractor Junction’s operating revenue ascended over 70% to reach Rs 106.43 crore in FY25, up from Rs 62 crore in FY24.

About Tractor Junction

This rural vehicle marketplace aids in the buying, selling, financing, and insuring of both new and used tractors, as well as farm equipment and rural commercial vehicles. Additionally, Tractor Junction provides verified reviews and price comparisons, ensuring users have transparency during transactions.

Revenue Breakdown

Sales from tractors and equipment accounted for 80% of Tractor Junction’s total income, climbing nearly 90% to Rs 85.14 crore in FY25. The fixed revenue of Rs 21.29 crore was generated from services such as financing and other related offerings.

Growth in Financial Services

The company reported a tenfold increase in financial services during FY25, with its used vehicle segment growing 1.8 times, supported by 65 COCO outlets situated across Rajasthan, Madhya Pradesh, and Maharashtra.

Non-Operating Revenue

Tractor Junction also earned Rs 12.44 crore in non-operating revenue, which includes commission income and interest from fixed deposits, bringing the total income for FY25 to Rs 118.8 crore.

Expenses Overview

Material costs constituted 63% of total expenses, which escalated by 86% to Rs 80.26 crore in FY25. Employee benefit costs climbed by 47% to Rs 22 crore. Expenses related to advertising, contract wages, RTO, insurance, and others caused the total expenses to rise by 75% to Rs 127.53 crore, compared to Rs 72.7 crore in FY24.

Financial Loss

Tractor Junction’s total expenses outpaced its revenue growth, largely due to increased material costs. This led the Alwar-based company to post a loss of Rs 9.08 crore in FY25, marking a 2.5 times increase from Rs 3.67 crore in FY24. The EBITDA margin and ROCE were recorded at -18.03% and -70.3%, respectively. On a unit basis, the company spent Rs 1.2 to earn a rupee of operating revenue in FY25.

Future Prospects

As of March 2025, Tractor Junction’s current assets were valued at Rs 70.43 crore, which included cash and bank balances amounting to Rs 13.76 crore. The company targets further double-digit revenue growth in FY26, aims to expand its COCO outlet network to 100, and is placing emphasis on improving profitability.

Funding Information

According to various sources from startup data intelligence platforms, Tractor Junction has successfully raised around $6 million to date, which includes a $5.7 million seed round in April 2022 co-led by Info Edge Ventures and Omnivore.