Powerlook Targets ₹1,000 Crore Revenue by FY30 with Retail Expansion Plans
Powerlook aims to achieve ₹800-1,000 crore in revenue by 2029-30 through extensive retail expansion, planning to increase its store count from 13 to over 100 locations. The company's strategy includes a mix of Company-Owned Company-Operated (COCO) and franchise models, with a focus on metropolitan and tier-II cities.
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Powerlook aims to increase its operational stores to over 50 by 2027-28, with an investment of ₹40-50 crore financed through debt and equity. The company closed FY26 with a net revenue of ₹175 crore and projects a turnover of ₹1,000 crore by FY30, targeting capital markets at that time.
Powerlook plans to enhance its retail presence in major cities such as Mumbai, Delhi-NCR, and Bengaluru, along with tier-II cities like Ahmedabad and Jaipur. Investments will also support warehouse automation and omnichannel capabilities, indicating a strategic focus on integrated fashion retailing and technological advancements. The company's expansion includes moving into lifestyle categories, positioning itself for long-term growth and IPO readiness.
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