OfBusiness doubles FY26 exports to over ₹2,500 crore
The B2B supply-chain platform says exports crossed ₹2,500 crore, or 12% of FY26 consolidated revenue, led by apparel and food-processing demand. OfBusiness now exports to 70+ countries and supplies seven of the world’s 10 largest apparel retailers.
What happened
OfBusiness more than doubled FY26 exports to over Rs 2,500 crore, driven by apparel and food-processing demand. The India-based supply-chain platform supplies
Key facts
- Exports exceeded Rs 2,500 crore in FY26
- Exports were 12% of consolidated revenue
- Exports reached more than 70 countries
- Consolidated revenue: Rs 20,645 crore
- PAT: Rs 724 crore
- Commerce revenue: Rs 19,174 crore
- Commerce EBITDA: Rs 769 crore
- Operating cash flow: Rs 1,302 crore
- Free cash flow: Rs 390 crore
Why this matters
Supplying seven of the world’s 10 largest apparel retailers gives OfBusiness strategic customer access and partnership credibility for further cross-border expansion.
What to watch
- Whether exports remain at or above 12% of consolidated revenue over the next two reporting periods.
- Repeat-order rates and disclosed buyer concentration among the seven large apparel retailers supplied.
- Export gross-margin trend after freight, FX, credit and compliance costs.
- Growth in active exporting suppliers, destination-country penetration and non-apparel export categories.
- Global apparel retail inventory levels, sourcing shifts toward India and consumer-demand indicators in the US and Europe.
- Changes in import tariffs, trade preferences, product standards or sustainability due-diligence rules affecting Indian suppliers.
- Receivables days, defaults and trade-finance demand, which will indicate whether export scale is creating working-capital strain.
- Expand dedicated export sourcing programs in apparel, textiles, food processing and adjacent retailer-facing categories.
- Build trade-finance, receivables insurance, FX hedging and shipment-tracking products to deepen supplier and buyer retention.
- Use relationships with major global apparel retailers to onboard more Indian SME manufacturers and secure multi-season supply commitments.
- Invest in compliance, traceability, social-audit and sustainability documentation as global retailers tighten vendor requirements.
- Diversify export mix beyond apparel and broaden buyer concentration across food, industrial and consumer-product categories.
- Add overseas warehousing, quality-control and logistics partnerships selectively in high-volume destination markets.
Also reported by
- Entrackr — Same time