Wakefit Innovations FY26 Results: Revenue hits record ₹1,488.9 crore
- Wakefit Innovations reported record FY26 operating revenue of ₹1,488.9 crore
- EBITDA stood at ₹181.96 crore with a margin of 12.2%
- Profit after tax reached ₹91.1 crore for the fiscal year ended March 2026
- Store network expanded to 139 COCO outlets across 76 cities
- Secretarial auditors appointed for a five-year term from FY27
*this image is generated using AI for illustrative purposes only.
Wakefit Innovations Limited reported a record annual operating revenue of ₹1,488.9 crore for the fiscal year ended March 2026 during its 10th Annual General Meeting held on September 9, 2026.
The home furnishing brand also disclosed an EBITDA of ₹181.96 crore with a margin of 12.2% and a profit after tax (PAT) of ₹91.1 crore. The meeting was conducted via video conferencing with 46 members present.
Financial Performance and Expansion
Chairperson and CEO Ankit Garg highlighted the company’s transition into a publicly listed entity and its growth in the Indian home furnishings market. The company expanded its physical footprint to 139 COCO stores across 76 cities as of March 2026, adding 34 net stores during FY26.
| Metric | FY26 Value |
|---|---|
| Operating Revenue | ₹1,488.9 crore |
| EBITDA | ₹181.96 crore |
| EBITDA Margin | 12.2% |
| Profit After Tax | ₹91.1 crore |
| Store Count | 139 |
Corporate Governance Updates
The Board approved the appointment of secretarial auditors for a five-year term starting from FY27. Mr. Chaitanya Ramalingegowda was re-appointed as an Executive Director after retiring by rotation. The statutory and secretarial audit reports for FY26 contained no qualifications or adverse observations.
What the Numbers Show
The company’s EBITDA margin of 12.2% indicates that for every rupee of operating revenue generated in FY26, approximately 12 paise remained as operating profit before interest and taxes. This margin level supported a net profit conversion of roughly 6.1% of total operating revenue, reflecting the cost structure associated with its omnichannel expansion strategy.
Historical Stock Returns for Wakefit Innovations
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.27% | -0.18% | +19.47% | -11.32% | 0.0% | 0.0% |
How does Wakefit plan to sustain its 12.2% EBITDA margin while accelerating the expansion of its COCO store network in FY27?
What specific strategies will Wakefit employ to defend its market share against established competitors like Sleepwell and Duroflex in the post-listing era?
Will the company prioritize organic growth through digital channels or continue aggressive physical expansion, and how will this impact capital allocation?
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