Ample, an Indian Apple Reseller, Eyes 35% Revenue Growth in FY 2026 with Store Expansion and New Client Partnerships
Bengaluru-based Apple reseller Ample is aiming to grow its revenue by 35% in fiscal year 2026 by expanding its retail footprint and adding new brands and clients, according to founder and CEO Rajesh Narang.
The company currently operates over 120 stores across India, including nearly 50 Apple-authorised outlets. Other stores in Ample’s portfolio showcase brands like Under Armour and ASICS.
Ample’s Growth Strategy: Expanding to 175 Stores
Speaking on Monday, Narang revealed that Ample plans to increase its total store count to 175 locations across all brands within three years. While he did not specify a target for Apple-only stores, the focus remains on expanding the firm’s retail presence nationwide.
Key Growth Drivers Include:
- Store expansion across major Indian cities
- Adding more global brands to its portfolio
- Strengthening partnerships with global capability centres (GCCs) — hubs managing finance, operations, and research for large multinational companies
Ample’s Current Revenue and Client Portfolio
Ample reported ₹17 billion ($197.33 million) in revenue for the fiscal year ending March 31, 2025. The company’s corporate client list includes major names such as:
- SAP
- Broadcom
- Infosys
- Wipro
These partnerships, especially with GCCs, are expected to drive significant revenue growth moving forward.
Apple’s Growing Presence in India Benefits Resellers Like Ample
Apple’s sales in India reached nearly $8 billion for the year ending March 2024. The tech giant operates flagship stores in New Delhi and Mumbai while continuing its expansion across the country.
According to Narang:
“As Apple grows in India, partners like Ample benefit because the overall market expands alongside the brand.”
Other notable Apple resellers in India include Aptronix and iPlanet.
Ample Plans Future IPO to Fund Expansion
To support its ambitious growth strategy, Ample intends to list on Indian stock exchanges within five years.
Narang stated:
“With our growth ambition, there will be a need for capital.”
The IPO would provide the financial resources required to scale both retail operations and corporate partnerships.
Key Takeaways:
- Target Growth: 35% revenue increase in FY 2026
- Store Expansion Goal: From 120+ to approximately 175 stores across brands within three years
- FY 2025 Revenue: ₹17 billion ($197.33 million)
- Future IPO Plan: Within five years, to fund expansion
