In FY2026, Libas opened 28 new stores and plans to open over 50 stores in the next fiscal year
Direct-to-consumer (D2C) fashion brand Libas has reached the Rs 1,000 crore Annual Run Rate (ARR). The company is on track to deliver around 30 per cent year-on-year growth in the current financial year, while continuing to remain Ebitda positive.
Company said that the growth has been driven by its omnichannel strategy. In FY2026, Libas opened 28 new stores, compared to 10 in the previous year and plans to open over 50 stores in FY2027. Its Exclusive Brand Outlets (EBOs) already contributed more than Rs 100 crore in net sales, while the brand’s owned channels continued to scale rapidly, reinforcing healthy momentum across its direct-to-consumer business.
“Operating at a Rs 1,000 crore ARR is a reflection of the pace and consistency of our growth. Having built our first Rs 500 crore entirely bootstrapped, and now scaling further while remaining profitable, reinforces our belief in building a fundamentally strong business. We see this as a milestone in motion, and not a finish line,” stated Sidhant Keshwani, Founder and Chief Executive Officer (CEO), Libas.
With strong momentum across both digital and offline channels, the brand is well-positioned to accelerate its next phase of growth while continuing to deepen its connect with consumers across the country, as per the official statement.
