Colorbar Cosmetics is apparently gearing up to hit the stock market in early 2027, according to their big boss. The company has managed to double its revenue in the current financial year by giving their designs a facelift, rolling out new products, and expanding their store count. Despite a slowdown in consumer spending due to the high cost of living, brands targeting well-off Indians seem to be thriving as the wealthy continue to splurge on luxury items. Colorbar is eyeing a revenue target of over ₹10 billion for the upcoming financial year, starting from April 1. They plan to achieve this by revamping their packaging, upgrading their stores, and introducing exciting new products.
Expanding Horizons and Facing Competition
Founded around two decades ago, Colorbar offers a wide range of beauty products, ranging from essential makeup items like lipsticks and foundations to skincare essentials like serums and moisturizers. The company, which saw a break-even in the previous year, is all set to go public in 2027, with an estimated valuation of ₹25 billion to ₹35 billion. This move will allow them to strengthen their skincare and fragrance lines, as well as explore potential acquisitions, including overseas brands. However, the road ahead is not without its challenges, as Colorbar faces stiff competition not only from local players like Sugar Cosmetics and MyGlamm but also from global giants such as Bobbi Brown and MAC under Estee Lauder.
International Expansion and Strategic Plans
Despite primarily relying on revenue from the domestic market, Colorbar is looking to diversify its income sources by expanding its presence in the United States and the Middle East. The company aims to generate up to a quarter of its revenue from exports within the next five years. In addition to their physical stores, which number over 100, Colorbar products are also available through more than 1,200 multi-brand outlets, including popular chains like Shoppers Stop and Lifestyle. As part of their growth strategy, Colorbar plans to open 15–20 new stores in the current financial year, further solidifying their position in the beauty industry.
Not really sure why this matters, but Colorbar seems to be on a solid growth trajectory, with ambitious plans for the future. Whether they can maintain their momentum and fend off competition in an increasingly crowded market remains to be seen. Maybe it’s just me, but it’s fascinating to see how beauty brands navigate the ever-changing landscape of consumer preferences and market trends. One thing is for sure, Colorbar’s journey to the stock market in 2027 is definitely one to watch out for.