Iceberg Organic Ice Creams targets ₹100 crore FY27 revenue with quick-commerce and Tier-I expansion

Hyderabad-based Iceberg Organic Ice Creams plans to enter quick commerce within six months, open more than 10 outlets and build a ₹100 crore Nellore factory with planned capacity of 1 lakh litres a day by 2027-28.

— Source publishedFri, 28 Aug, 2026, 18:55 IST·First seen Fri, 28 Aug, 2026, 19:01 IST·Source The Hindu BusinessLine

What happened

Hyderabad-based Iceberg Organic Ice Creams targets ₹100 crore FY27 revenue and ₹250 crore in FY28, entering quick commerce within six months and adding Tier-I

Key facts

  • ₹100 crore FY27 revenue target
  • ₹26 crore FY26 revenue
  • ₹250 crore FY28 revenue target
  • 10 company-owned outlets
  • More than 25 franchise outlets
  • Franchise sales contribute about 5% of revenue
  • ₹40 lakh monthly sales at lowest-performing company-owned outlet
  • ₹1.2-1.3 crore monthly sales at top-performing company-owned outlet
  • More than 10 new outlets planned
  • 10-acre Nellore manufacturing facility
  • 1 lakh litres per day planned capacity
  • About ₹100 crore manufacturing project cost
  • Quick-commerce commissions cited at 40-45%
  • More than 100 investor approaches

Why this matters

Iceberg’s omni-channel expansion and large Nellore manufacturing plan could make it a relevant partnership or acquisition target for consumer platforms seeking premium ice-cream distribution, cold-chain capacity and South India reach.

What to watch

  • Named quick-commerce partnerships and the number of active dark stores/cities listed.
  • Repeat purchase rates, average order value and discount dependence on delivery platforms.
  • Outlet openings, same-store sales and franchise versus company-owned mix.
  • Nellore factory funding closure, construction milestones, commissioning date and capacity utilization.
  • Distribution expansion into Bengaluru, Chennai, Mumbai or other Tier-I markets.
  • Gross-margin trend, cold-chain spoilage levels and working-capital requirements.
  • Evidence of modern-trade, horeca or institutional distribution contracts that can anchor factory utilization.
  • Prioritize a limited quick-commerce launch in high-density Hyderabad micro-markets before expanding citywide.
  • Build platform-specific pack sizes, multipacks and premium SKUs that protect gross margins versus outlet pricing.
  • Use quick-commerce order data to identify neighborhoods for outlet placement and dark-store-led assortment expansion.
  • Secure cold-chain, reefer transport and last-mile service-level agreements before entering multiple platforms.
  • Phase factory capex against contracted demand from quick commerce, modern trade, institutional buyers and franchise outlets.
  • Differentiate organic claims through transparent certification, ingredient sourcing and premium flavors to avoid commodity ice-cream price competition.