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Results · Commerce & Consumer Brands

Wakefit posts profit, stock jumps 16.7%

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Date
Company
Wakefit
What it does
Mattress and furniture maker
Kind
Results
Sector
Commerce & Consumer Brands

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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