Results · Commerce & Consumer Brands

Evenflow Brands posts positive EBITDA for FY26

What they do

It reported a positive EBITDA of Rs 41.19 lakh for FY26, with net sales of Rs 53.06 crore

The company plans to double its business in 6-8 months while keeping EBITDA above 2.5%

Co-founders Utsav Agarwal and Shashank Ranjan are former Uber and Decathlon executives

Evenflow Brands reported positive EBITDA of Rs 41.19 lakh for the full fiscal year FY26.
Net sales for FY26 stood at Rs 53.06 crore.
Gross merchandise value (GMV) for FY26 was Rs 81.5 crore.
EBITDA margin for Q4 FY26 was 4.5%, up from 1.6% in Q3 FY26.
Q4 FY26 EBITDA was Rs 73.65 lakh.
Cost of goods sold improved to 47.9% of net sales in Q4 FY26 from 50.2% in Q3 FY26.
Marketing expenses dropped to 20.6% of net sales in Q4 FY26 from 25.4% in Q1 FY26.
Contribution margin after supply chain costs rose to 16% in Q4 FY26 from 7.7% in Q1 FY26.

The results show Evenflow Brands has turned profitable at the EBITDA level for the first full fiscal year.
Improving margins across quarters indicate operational efficiency gains.
The company has zero debt on its books.

Evenflow Brands acquires and scales digital-first consumer brands across marketplaces and quick commerce.
It operates brands in fitness, home, kitchen, gardening, and baby care categories.
Its brand portfolio includes Xtrim, Yogarise, Rusabl, BabyPro, Trendy Homes, Cinagro, and Frenchware.
The company is full-stack: it handles sourcing, supply chain, warehousing, cataloging, marketing, and finance.
It builds brands that customers look for by name across e-commerce and quick-commerce platforms.
Employee costs were about 8% of net sales in FY26.