Home / Business and Economy / Licious Revenue Surges 47% to ₹1,166 Cr
Licious Revenue Surges 47% to ₹1,166 Cr
1 Apr
Summary
- Licious achieved ₹1,166 crore in net revenue, a 47% year-on-year growth.
- The company targets ₹1,800 crore revenue in the upcoming fiscal year.
- Offline revenue surged to ₹177 crore, complementing strong online performance.
Licious announced a significant financial milestone, closing FY26 with net revenue of ₹1,166 crore. This represents a robust 47% year-on-year growth for the Bengaluru-based omnichannel meat and seafood company.
The company has set an ambitious target of ₹1,800 crore for FY27, marking the largest single-year absolute revenue increase in its decade-long history.
Growth has been concentrated in key micro-markets within Bengaluru, Mumbai, and NCR, with plans to expand to 10 more micro-markets in these megapolises in FY27.
Online sales now account for nearly ₹1,000 crore, showing a 28% increase. The company's omnichannel strategy is scaling, with offline revenue jumping from ₹26 crore in FY25 to ₹177 crore in FY26, operating over 60 outlets.
Despite increased EBITDA burn of ₹187 crore due to infrastructure investments, operating leverage is improving as a share of net revenue. Brand loyalty remains high, with 94% repeat consumption and over 1.5 million monthly active users.
