Homegrown men’s fast-fashion brand Powerlook is targeting revenue of Rs. 800-1,000 crore (US $84 million-US $104 million) by FY ’30 as it accelerates its retail expansion strategy and prepares for a potential public listing, according to a senior company executive.
The company, which currently operates 13 stores across India, reported net revenue of Rs. 175 crore (US $18.36 million) in FY ’26 and is planning a significant scale-up of its physical retail footprint over the next four years.
As part of its growth strategy, Powerlook aims to increase its store count to more than 50 locations by FY ’28, backed by an investment of Rs. 40-50 crore (US $4.19 million-US $5.24 million). The expansion will be financed through a combination of debt and equity, although the company is still evaluating the most suitable funding structure.
The retailer plans to adopt a hybrid model comprising Company-Owned Company-Operated (COCO) outlets and franchise-led stores to support rapid expansion while maintaining operational efficiency and capital discipline.
The initial phase of the rollout will focus on major metropolitan markets including Mumbai, Delhi-NCR, Bengaluru, Hyderabad, Pune and Chennai. The company also plans to expand into high-potential Tier-II cities such as Ahmedabad, Jaipur, Lucknow, Indore, Nagpur, Chandigarh and Surat.
The planned investment will be directed towards store fit-outs, retail infrastructure, inventory, workforce expansion and marketing activities associated with new store launches.
Alongside retail growth, Powerlook is strengthening its backend operations through investments in warehouse automation, omnichannel fulfilment capabilities and technology-driven inventory management systems.
Raghav Pawar, Co-founder and Director of Powerlook stated that the company is making significant investments in data analytics, personalisation capabilities, category expansion and institutional business processes to enhance scalability and strengthen its readiness for a future initial public offering.
Beyond apparel, Powerlook plans to diversify into adjacent lifestyle categories including footwear, accessories, innerwear and athleisure as it seeks to build a broader fashion ecosystem for young consumers.
The company is also evaluating strategic fundraising opportunities to support its retail expansion, technology development, brand-building initiatives and long-term growth plans.
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