| Metric | Value (₹ Cr) | vs Q3 FY26 |
|---|---|---|
| Revenue | 343.60 | 18.4% |
| Total Income | 360.97 | 16.5% |
| Expenditure | 337.47 | 14.9% |
| PBT | 23.67 | 25.7% |
| Net Profit | 121.75 | 282.2% |
| OPM | 10.67% | 2.44pp |
| NPM | 33.73% | 26.36pp |
| EPS | 3.70 | 266.3% |
Wakefit FY26 Revenue Up 16.9% YoY to ₹14,889.4 Mn
21 May 2026 · 21 May, 10:01 pm
Summary
Wakefit Innovations Limited concluded FY26 with a record revenue from operations of ₹14,889.4 million, reflecting a robust 16.9% year-over-year growth. The company achieved a significant turnaround in profitability, reporting a Profit After Tax of ₹1,891.8 million for FY26, compared to a loss in the previous year, resulting in a 12.7% margin. Q4FY26 also saw a healthy 13.5% year-over-year revenue increase to ₹3,436.0 million, even amidst moderated discretionary spending due to macroeconomic headwinds. Management expressed confidence in the long-term opportunity in the Indian home and furniture market, targeting continued revenue growth in FY27, driven by its mattress portfolio and expanded reach in furniture and furnishing businesses, while focusing on cost optimization.
Key Highlights
- 1
Wakefit Innovations Limited reported a record revenue from operations of ₹14,889.4 million for FY26, marking a significant 16.9% year-over-year growth.
- 2
Profit After Tax for FY26 reached ₹1,891.8 million, a substantial turnaround from a loss of ₹350.0 million in FY25, achieving a 12.7% margin.
- 3
Q4FY26 revenue from operations increased by 13.5% year-over-year to ₹3,436.0 million, despite macroeconomic headwinds impacting discretionary spending.
- 4
Reported EBITDA (excluding Other Income) for FY26 surged by 207.9% year-over-year to ₹1,819.6 million, with the margin expanding to 12.2%.
- 5
The company generated strong net cashflow from operating activities, amounting to ₹2,445 million for FY26.
- 6
The retail channel demonstrated robust performance, with revenue growing by 49% for FY26 and 35% for Q4FY26.
- 7
As of March 31, 2026, the company held ₹9,586 million in investable cash, having expanded its COCO store network to 139 active stores during the year.
Management Comments
Ankit Garg
In FY26 we set a new record in terms of revenue from operations. The mattress segment witnessed healthy momentum with ~17% YoY growth. Furniture category delivered growth of ~24% on a YoY basis. In FY26, our retail channel growth stood at 49%. Due to the seasonality element in the business, YoY trends are appropriate parameters to gauge performance. In Q4FY26, the mattress category maintained its growth trajectory and reported a 20% growth on a YoY basis and outperformed the overall industry growth trends. The Retail Channel growth for Q4FY26 stood at ~35%. Multiple external headwinds impacted the second half of the year, weighing on consumer demand and discretionary spending. Despite these challenges, the Company delivered a reasonable performance during the period. In FY27, we are targeting revenue growth driven by the strength of our Mattress portfolio, while improving the reach of our furniture and furnishing business. We are closely monitoring raw material prices to navigate the volatile environment with prudent price increases and focused cost optimization efforts while ensuring best value to our customers. The long term opportunity in the Indian home and furniture market continues to remain intact. Structural growth drivers stand.
Informational and educational content only. Not investment advice.