Leading D2C men's fashion brand Snitch reported a revenue of Rs 900 crore in FY26, up 80 per cent from the previous fiscal. The company, which recovered from a financial loss last year, has now posted a profit (EBITDA) of Rs 18-27 crore. On the back of this strong performance, the company is targeting a revenue of Rs 1,400 crore in the next fiscal (FY27).
Currently, the company generates 60 per cent of its revenue from online sales and the remaining 40 per cent from its 115 offline stores across the country. Although it is planning to open more stores in the eastern states of India, the company has temporarily put offline expansion plans in the Middle East on hold due to the current conflict situation.
The service, called 'Snitch Quick', which was launched in four cities to deliver products to customers within 60 minutes, has been receiving a good response; it will soon be expanded to more cities. In addition, the company is preparing to expand its market into new areas such as perfumes and footwear. Despite these rapid development plans, the company does not plan to raise new investments anytime soon, said founder Siddharth Dungarwal.