Wakefit Innovations Ltd (WAKEFIT) Q1FY27 Management Mirror - Jun-2026 Qtr
Q1 FY27 Revenue Reported at INR 4,049 Million; FY27 Target Set at Minimum 20% Amid Prioritization of Market Share
Currently, management is targeting an overall revenue growth of at least 20% for FY27, prioritizing market share protection over short-term margins. In the Jun'26 Qtr, the company reported Q1 FY27 revenue of INR 4,049 million (404.9 crores), representing a 16.6% YoY growth. The furniture category is expected to recover to mid-teens to late-teens growth over the next two quarters, with a potential step-up to over 25% to 30% growth once jumbo stores are fully operational. Looking at the chronological progression, in the Dec'25 Qtr, management guided to close FY26 with mid- to high-teen revenue growth, alongside continuous operating EBITDA margin improvement. In the Mar'26 Qtr results, FY26 annual revenue was reported at INR 14,889 million, delivering 17% YoY growth. In the Mar'26 Qtr concall, the FY27 revenue growth target was initiated at a minimum of 20%, driven by the mattress portfolio and expanded reach in furniture and furnishings.
3 more themes on the ELITE plan.