Forcas Studio targets quick-commerce to sustain 30% growth
The apparel firm reported a 58% profit jump in FY26 and expects to scale its quick-commerce revenue share to 40% within two years.
What's new
- Revenue grew 39% to ₹198 cr in FY26.
- Management targets 25-30% revenue growth for FY27.
- Quick-commerce revenue reached ₹7.5 cr and is planned to hit 40% of the total mix within two years.
Why this matters
Forcas is betting its future on the rapid scaling of quick-commerce platforms like Zepto and Myntra. The transition from a traditional model to one where 40% of revenue comes from instant delivery is a high-stakes pivot for a nano-cap company.
What we're watching
- Whether the new brands Tribe and Fitness Exchange gain traction.
- The ability to maintain margins while scaling quick-commerce operations.
- Actual FY27 revenue against the 25-30% growth guidance.
The full read
Forcas Studio closed FY26 with ₹198 crore in revenue, a 39% increase, while net profit climbed 58% to ₹13.6 crore. Management is now looking to FY27, guiding for 25-30% revenue growth. The strategy centers on quick-commerce platforms like Zepto and Myntra, alongside the rollout of new brands Tribe and Fitness Exchange. Quick-commerce contributed ₹7.5 crore in FY26. The company plans to scale this segment to 10-15% of its revenue mix in the near term, eventually reaching 30-40% within two years. This is a recap of previously disclosed information, but it clarifies the company's aggressive pivot toward instant-delivery channels. The next test is whether these new brands can sustain the momentum established in the core business.
Questions answered
- What was the financial performance of Forcas Studio in FY26?
- The company reported revenue of ₹198 crore, up 39%, and a net profit of ₹13.6 crore, up 58%.
- What is the company's growth guidance for FY27?
- Management expects revenue growth in the range of 25-30% for the upcoming fiscal year.
- How much does quick-commerce contribute to the current revenue mix?
- Quick-commerce generated ₹7.5 crore in FY26. The company aims to grow this to 10-15% of the revenue mix initially, with a long-term target of 30-40%.
- What are the key drivers for the company's expansion?
- Growth is being driven by expansion on quick-commerce platforms and the launch of two new brands, Tribe and Fitness Exchange.
An independent reading of the company's own disclosure — the primary filing above is the final word.