Blinkit targets 3,000 stores by FY27-end as Eternal scales quick commerce

Eternal’s Blinkit plans to add roughly 200 stores a quarter to reach 3,000 by FY27-end, backing higher capex with a ₹40 crore annual NOV target per store. Q1FY27 Blinkit NOV rose 86% year-on-year to ₹17,132 crore.

— Filed Thu, 23 Jul, 2026, 14:16 IST · Source Mint · Markets · Updated

Eternal’s Q1FY27 growth was driven by Zomato food delivery and Blinkit quick commerce. Blinkit plans to reach 3,000 stores by FY27-end, with higher per-store capex and NOV targets, while management expects competitive margin pressure to ease.

Why this matters

The plan follows Blinkit’s recent addition of 200 stores alongside 182% Q1 revenue growth and an 86% GOV increase, reinforcing Eternal’s rapid footprint expansion.

Store-opening is steady, with 1,422 signals in the past 90 days; no QoQ comparison was provided.