27th March 2026, New Delhi: Libas, India’s leading ultra-fast fashion brand, has become the first Indian D2C fashion brand to reach a ₹1,000 crore Annual Run Rate (ARR), marking a significant milestone in the evolution of the country’s direct-to-consumer ecosystem. The company is on track to deliver ~30% year-on-year growth in FY2026, while continuing to remain EBITDA positive — reinforcing a disciplined focus on profitable, sustainable scale.
The ₹1,000 crore ARR milestone reflects the brand’s current annualised pace of business, signalling strong consumer demand, repeat behaviour, and consistent growth momentum across channels. Founded in 2014, Libas has built a rare trajectory, becoming the first fashion-focused D2C brand in India to reach ₹500 crore in revenue while being fully bootstrapped, before scaling rapidly to its current run rate within a short span post its 2024 fundraise.
Growth has been driven by a robust omnichannel strategy. In FY2026, Libas opened 28 new stores, compared to 10 in the previous year, and plans to launch 50+ stores in FY2027. Its Exclusive Brand Outlets (EBOs) already contributed more than ₹100 crore in net sales, while the brand’s owned channels continued to scale rapidly, reinforcing strong momentum across its direct-to-consumer business.
Commenting on the milestone, Sidhant Keshwani, Founder & CEO, Libas, said, “Operating at a ₹1,000 crore ARR is a reflection of the pace and consistency of our growth. Having built our first ₹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.”
This milestone further strengthens Libas’s position as a leading player in India’s fashion D2C landscape, demonstrating a rare combination of scale, profitability, and capital efficiency. 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.
