DailyObjects targets ₹400 Cr by FY27, plots IPO in 3-4 years as offline bet pays off
Phone-case-turned-lifestyle brand DailyObjects is guiding to nearly double revenue from ~₹210 Cr in FY26 to ₹400 Cr in FY27, riding 11 newly opened profitable stores and a category push into bags and charging accessories. Management has flagged an IPO window of 3-4 years.
What happened
DailyObjects targets ₹400 crore revenue by FY27, nearly doubling from FY26's projected ₹210 crore, while expanding from phone cases into bags and charging
Key facts
- FY26 revenue ~₹210 crore
- FY25 revenue ~₹110 crore
- FY27 target ₹400 crore
- 11 stores opened in 7-8 months
- IPO in 3-4 years
- ~100% growth target
Why this matters
DailyObjects is signaling it wants to list independently rather than sell, narrowing the M&A window to the next 12-18 months before the IPO narrative hardens—any strategic move on accessories or D2C lifestyle should be scoped now.