Wakefit Q1FY27 Revenue Up 16.6% to ₹4,049.1 mn; PBT Jumps 85.1%
Wakefit Innovations reported Q1FY27 revenue of ₹4,049.1 mn, up 16.6% YoY. Reported EBITDA increased 25.2% to ₹564.0 mn with margins at 13.9%. PBT jumped 85.1% to ₹363.1 mn. The company added 27 COCO stores, reaching 165 active stores. Planned FY27 capex is ₹1,000-1,200 mn.
The results show healthy growth across key financial metrics and strategic expansion initiatives. While positive, the impact is moderate as it reflects quarterly performance and ongoing expansion plans, without a significant disruptive event.
The company reported strong year-on-year growth in revenue, EBITDA, and profit before tax, along with an improvement in EBITDA margins and gross margins. Expansion of retail presence and positive management commentary further support a positive sentiment.
Wakefit Innovations Limited announced its un-audited financial results for the quarter ended June 30, 2026 (Q1FY27). Revenue from operations stood at ₹4,049.1 million, a 16.6% year-on-year increase. Reported EBITDA (excluding other income) grew by 25.2% to ₹564.0 million, with margins improving to 13.9% from 13.0% in Q1FY26. Profit Before Tax (PBT) surged by 85.1% to ₹363.1 million, and Profit After Tax (PAT) increased by 19.2% to ₹233.8 million.
The company's sales mix for Q1FY27 comprised Mattresses (65.9%), Furniture (27.8%), and Furnishings (6.3%). Sales through own channels grew by 20.5% YoY, contributing 72.3% of total revenue, while external channels saw a 7.6% YoY growth. The retail channel expanded by 20.5% YoY, with the company adding 27 new COCO stores during the quarter, bringing the total active COCO stores to 165. Gross profit for the quarter was ₹2,310.9 million (57.1% margin), up from ₹1,936.2 million (55.8%) in Q1FY26, partly due to price hikes to offset rising Polyol and TDI prices.
Advertisement and marketing investments were maintained at 7.6% of Revenue from Operations. The total ESOP expenses for Q1FY27 were ₹6.1 million. The tax expense included a deferred tax charge of ₹73.0 million. Excluding these deferred tax movements, PAT was ₹306.8 million, reflecting the underlying operating performance. Repeat customers contributed 36.7% of the revenue.
Mr. Ankit Garg, Chairman, CEO and Executive Director, highlighted the strong start to FY27 with robust revenue and EBITDA growth, emphasizing the contribution of repeat customers and the momentum in the mattress business. He also noted the opportunity to drive cross-selling across product categories as the offline footprint expands.
Mr. Chaitanya Ramalingegowda, Executive Director, commented on the volatility in raw material prices and supply chain costs due to the Middle East situation, stating that calibrated pricing actions were taken to mitigate the impact. He reiterated the strong progress in retail expansion, with plans to add nearly 80 COCO stores during FY27. Planned FY27 capex of ₹1,000-1,200 million is on track, primarily allocated to retail expansion and manufacturing automation.
What to do with a filing like this
Wakefit Innovations Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Wakefit Innovations Limited. Read the original for the full detail.