Results · Professional & Local Services

Urban Company reports Q1 revenue growth and investor meetings

By Startup Enthusiast · 12 September 2026

What they do

Urban Company provides home services including salon, cleaning, appliance repair, and smart home products like water purifiers and locks

The firm saw Q1 FY27 revenue rise 44% to ₹528.34 crore while scheduling investor discussions to share regular operational updates

SBI Mutual Fund recently raised its total shareholding to 8.84% through a ₹428 crore block deal in August 2026

Urban Company arranged one-on-one meetings with analysts and investors between September 14 and September 21, 2026.
The platform generated ₹528.34 crore in revenue from operations during Q1 FY27, up 44% compared to the previous year.
Net loss for the quarter stood at ₹92.12 crore, down from a net profit of ₹6.94 crore in Q1 FY26.
Adjusted operating cash losses shrank to ₹65 crore in Q1 FY27 compared with ₹98 crore in Q4 FY26.
The business brought in 1.2 million new consumers during the first quarter of the fiscal year.
New product rollouts during the quarter featured the Native M3 Pro water purifier and the Lock Ultra smart lock.
Urban Company brought a lawsuit against Kent RO Systems in the Delhi High Court over claims about Native purifiers, prompting Kent to pull its promotions.

Players in the home services market face aggressive rivalry and are shifting toward fast-delivery service models.
The company faces potential margin pressure if its quick-service offering InstaHelp fails to break even.
State-level regulatory initiatives protecting gig workers, including rules in Karnataka, present ongoing operational compliance risks.

Urban Company runs an online network offering personal grooming, salon treatments, cleaning, and pest management.
The firm delivers technical assistance such as air conditioner servicing, electrical repairs, plumbing, and carpentry.
It develops and sells home hardware including Native smart purifiers and electronic door locks.
More than 12 million users have used the service worldwide, leaving an average rating of 4.8.
The corporate base is located at 247 Park in Vikhroli West, Mumbai.

The company has broadened its commercial agreement with Unicommerce across the United Arab Emirates and Saudi Arabia.

SBI Mutual Fund (buyer) — Institutional fund that purchased a 2.27% stake via an August 2026 block deal.