Press Release on Audited Financial Results for the quarter and financial year ended March 31, 2026
WAKEFIT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Wakefit Innovations reported strong FY26 results with revenue growing 16.9% YoY to INR 14,889.4 mn, driven by 24% growth in furniture and 17% in mattresses. The company turned profitable with PAT of INR 1,891.8 mn versus a loss of INR 350.0 mn in FY25, aided by a Deferred Tax Asset of INR 980.7 mn. EBITDA margin expanded dramatically from 4.6% to 12.2%, a gain of 7.6 percentage points. The company generated INR 2,445 mn in operating cash flows and holds INR 9,586 mn in investable cash. Management flagged macro headwinds impacting Q4 discretionary spending and raw material cost volatility (Polyol and TDI prices rose 30-160%), though price hikes were implemented to mitigate this.
The turnaround from losses to profitability and significant EBITDA margin expansion signal strong operational efficiency. However, macro headwinds and raw material inflation in H2 remain risks to monitor. The company's strong cash position supports its planned store expansion strategy.