Brandman Retail capitalizes on premium sportswear in India with 138% revenue growth
15 May 2026, Mumbai
Brandman Retail has delivered a standout financial performance for FY26, spearheaded by a massive 137.7 per cent Y-o-Y rise in Q4 revenue, which reached Rs 67.10 crore. This quarterly momentum pushed full-year operations to Rs 162.41 crore, a 20.1 per cent increase over the previous fiscal. The company’s success stems from its strategic shift to experience-led commerce, specifically through its Sneakrz multi-brand format. By securing long-term partnerships with high-performance labels like New Balance, Saucony, and Anta, Brandman has effectively tapped into the aspirational spending of India's urban youth. Net profit for the year followed a similar trajectory, rising 20.2 per cent to Rs 25.30 crore, reflecting disciplined operational management despite the costs associated with its recent public listing.
Post-IPO expansion targets 50-store national network
Following its February 2026 debut on the NSE, where it raised approximately Rs 86–98 crore, the company is accelerating its physical footprint. Arun Malhotra, Director confirmed plans to invest these proceeds into 15 new flagship outlets, forming the first phase of a broader objective to establish a 50-store network by 2027. This expansion is timed to coincide with a structural shift in India's sportswear market, which reached a valuation of $10.69 billion in 2025. While quarterly profit saw a sequential dip due to seasonality, the firm's total assets have expanded significantly to Rs 208 crore. With fresh capital and new leadership under Devendra Singh Negi, CEO Brandman is positioning itself as the primary operating partner for global sports labels eyeing Tier-II and Tier-III market penetration.
India’s emerging sportswear orchestrator
Founded in 2021, Brandman Retail is an omnichannel distributor and retailer for global premium sportswear and lifestyle brands. Operating 21 stores through its Sneakrz format, the firm manages a portfolio including New Balance and Saucony. Backed by a recent IPO, it targets a 50-store national network by 2027 to capture India's growing athleisure demand.
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