OfBusiness exports more than double to over ₹2,500 crore in FY26
IPO-bound B2B commerce platform OfBusiness said exports crossed ₹2,500 crore, contributing 12% of FY26 consolidated revenue of ₹20,645 crore. Apparel and food-processing sourcing drove shipments to more than 70 countries, with the India-UK trade agreement seen supporting FY27 growth.
What happened
OfBusiness more than doubled FY26 exports to over ₹2,500 crore, led by apparel and food processing sourcing. The India-UK trade pact is expected to support FY27
Key facts
- Exports exceeded ₹2,500 crore in FY26
- Exports accounted for 12% of consolidated revenue
- Exports reached more than 70 countries
- Consolidated revenue was ₹20,645 crore in FY26
- PAT was ₹724 crore in FY26
- Commerce-business revenue was ₹19,174 crore
- Commerce-business EBITDA was ₹769 crore
- Operating cash flow was ₹1,302 crore
- Free cash flow was ₹390 crore
Why this matters
The rapid export expansion and prospective India-UK trade tailwind make overseas sourcing partnerships, category acquisitions, and UK market access potential priorities for OfBusiness in FY27.
What to watch
- Final implementation timeline and sector-specific provisions of the India-UK trade agreement.
- FY27 export revenue growth versus the FY26 base of more than ₹2,500 crore.
- Export revenue share rising above 12% of consolidated revenue.
- Repeat-order rates and average order size from the more than 70 destination countries.
- Freight rates, rupee movement, trade-finance availability and food/apparel demand in key markets.
- IPO filing disclosures on export margins, working-capital needs and receivable days.
- Build dedicated UK and Europe sourcing corridors for apparel and food-processing buyers.
- Add export-credit, FX-risk, customs-compliance and shipment-tracking products to raise merchant retention.
- Use export growth in IPO messaging while disclosing customer concentration, destination-market mix and export-margin trends.
- Secure long-term supply contracts with verified manufacturers to protect quality and delivery reliability as volumes scale.