Wakefit Innovations Limited has scheduled its 10th Annual General Meeting (AGM) for Wednesday, September 9, 2026, at 11:00 am. The meeting will be conducted through video conference or other audio-visual means in compliance with the Companies Act, 2013, and SEBI Listing Regulations.

The company issued an intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on August 17, 2026. This disclosure provides a web link to the Annual Report for the financial year 2025-26 (FY26) for shareholders who have not registered their email addresses with the company, Registrar & Share Transfer Agent, or Depositories.

Meeting Details

The AGM is scheduled to take place on September 9, 2026. Shareholders can access the electronic copies of the AGM Notice and the Annual Report for FY26 through the company’s investor relations website.

Shareholders whose email addresses are not registered with the company or their Depository Participant can view the documents via the provided web link. Those wishing to register their email addresses are advised to contact their respective DP or the RTA, MUFG Intime India Private Limited.

Regulatory Compliance

The disclosure was signed by Surbhi Sharma, Company Secretary and Compliance Officer of Wakefit Innovations Limited. The company previously operated as Wakefit Innovations Private Limited.

Wakefit Innovations has scheduled its 10th Annual General Meeting (AGM) for September 9, 2026, to present its financial results for the fiscal year ended March 31, 2026. The D2C home furnishings company reported significant growth in its latest annual report, highlighting a strong turnaround in profitability and expansion in its omnichannel presence.

Financial Performance

The company delivered its highest-ever annual revenue at ₹14,889.4 million in FY26, marking a 17% increase from ₹12,737 million in FY25. This growth was underpinned by a diversified portfolio where mattresses contributed ₹9,138.7 million, furniture added ₹4,357.5 million, and furnishings accounted for ₹1,393.2 million.

Profitability metrics showed substantial improvement. Profit Before Tax (PBT) after exceptional items stood at ₹911.0 million, while Gross Margins expanded to 55.8%. The company recorded a Net Profit After Tax (PAT) of ₹1,891.8 million, a sharp contrast to the loss of ₹350 million in FY25. This bottom-line improvement included a deferred tax asset benefit of approximately ₹981 million.

Operational Highlights

Wakefit continued to strengthen its direct-to-consumer model. Revenue from own channels—comprising its website and Company-Owned Company-Operated (COCO) stores—rose to 67.2% of total revenue in FY26, up from 57.0% in FY25. As of March 31, 2026, the company operated 139 active COCO stores across 76 cities and maintained a network of 1,948 Multi-Brand Outlets (MBOs).

The company also emphasized its vertically integrated manufacturing capabilities, operating five facilities across Haryana, Karnataka, and Tamil Nadu. These hubs support its engineering-first philosophy, enabling rapid innovation and quality control across its mattress and furniture segments.

What the Numbers Show

The divergence between the reported PAT of ₹1,891.8 million and the PBT of ₹911.0 million highlights the material impact of tax adjustments on the company's bottom line. With a deferred tax asset benefit of roughly ₹981 million contributing to the net profit, the operational profitability is more accurately reflected in the PBT figure. This suggests that while the core business is generating healthy cash flows and margins, the headline profit is significantly boosted by non-cash tax accounting items rather than purely operational efficiency gains alone.