Results · Commerce & Consumer Brands
Wakefit posts profit, stock jumps 16.7%
By Startup Enthusiast ·
- Date
- Company
- Wakefit
- What it does
- Mattress and furniture maker
- Kind
- Results
What they do
Wakefit makes mattresses, furniture and furnishings
What happened
It reported FY26 net profit of ₹189.2 Cr vs a loss last year; stock rose 16.69%
Why it matters
Mattress category contributed 61.4% of FY26 revenue, growing 17% YoY
The details
- Wakefit was the biggest weekly gainer among new-age tech stocks, rising 16.69% to close at ₹141.55.
- The company reported FY26 annual operating revenue of ₹1,488.9 Cr, up 17% year-on-year.
- It posted a net profit of ₹189.2 Cr in FY26, compared to a net loss of ₹35 Cr in the previous fiscal.
- Operating EBITDA (earnings before interest, taxes, depreciation and amortisation) stood at ₹112.3 Cr.
- In Q1 FY27, operating revenue was ₹404.9 Cr, up 17% YoY and 18% quarter-on-quarter.
- Q1 FY27 net profit was ₹23.4 Cr, up 19% YoY.
- The company operated 139 company-owned stores across 76 cities as of March 2026.
The bigger picture
- Wakefit's turnaround to profitability signals strong demand in the home and sleep solutions market.
- Direct channels (website + company-owned stores) contributed 67.2% of FY26 revenue, up from 57% a year earlier.
- The stock gain reflects investor confidence after the earnings beat.
About the business
- Wakefit makes mattresses, furniture and furnishings.
- Mattress category accounted for 61.4% of FY26 revenue, growing 17% YoY.
- Furniture contributed 29.3% and furnishings 9.3% of FY26 revenue.
- Products are sold through 1,948 multi-brand outlets and 139 company-owned stores.
- Direct channels (website + own stores) made up 67.2% of FY26 revenue.
- In Q1 FY27, mattress revenue was 66% of total, furniture and furnishings 34%.
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