Board Meeting Outcome for the Board Meeting held on May 21, 2026
WAKEFIT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.4 pts less than Nifty Microcap 250 and 6.6 pts less than its Furniture Home Furnishing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Wakefit Innovations Ltd reported audited financial results for Q4 and FY ended March 31, 2026. Revenue from operations grew 16.9% to ₹14,889.43 million from ₹12,736.91 million in FY2025. The company turned profitable with PAT of ₹1,891.75 million compared to a loss of ₹350.04 million in the prior year. EBITDA improved significantly to ₹2,273.87 million from ₹908.30 million, with EBITDA margin expanding from 7.1% to 15.3%. The company recognized a deferred tax asset of ₹1,034.40 million related to carry-forward losses from previous years. Statutory auditors B S R & Co. LLP issued an unmodified opinion confirming clean financials. The company also appointed M/s BMP & Co. LLP as Secretarial Auditors for 5 years starting FY2026-27.
Strong operational improvement with EBITDA margin more than doubling. The clean audit opinion and IPO proceeds (₹3,492 million raised in December 2025) provide confidence, though investors should note the PAT was boosted by a one-time deferred tax credit of ₹980.71 million.