Sector analysis · India

Consumer Services sector earnings growth, Q1 FY27

The 20 largest Consumer Services companies by market cap at the end of Q1 FY27 (30 Jun 2026), compared with Q1 FY26.

The top 20 at Q1 FY27

Q1 FY27 vs Q1 FY26: combined net profit ₹2,809 cr (+28%), median EPS +25% (17 of 20 up), market-cap-weighted price −13%. 20 of 20 reported.

Quarter

Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27

Compared with

YoY QoQ

Weight is each company's share of the 20 companies' combined market cap. Contribution is the change in its owners' profit divided by their combined base profit, in percentage points, so the column adds up to the sector's earnings growth. EPS cannot be added across companies, which is why contributions use profit.

#	Company	Weight	EPS ₹, base → now	EPS growth	Contribution	Price
1	Avenue Supermarts LimitedDMART	18.8%	11.88 → 13.19	+11% one source	+1.9 pp	0%
2	Eternal LtdETERNAL	16.8%	0.03 → 0.10	+233% one source	+1.4 pp	0%
3	Trent LimitedTRENT	11.5%	8.06 → 9.73	+21%	+1.9 pp	−21%
4	The Indian Hotels Company LimitedINDHOTEL	6.7%	2.08 → 2.51	+21% one source	+1.3 pp	−6%
5	Lenskart Solutions LimitedLENSKART	5.9%	0.34 → 1.28	+272%	+3.4 pp	—
6	FSN E-Commerce Ventures LimitedNYKAA	5.9%	0.08 → 0.28	+250% one source	+1.2 pp	+49%
7	Meesho LimitedMEESHO	5.8%	−0.64 → −0.29	loss, smaller one source	+3.3 pp	—
8	Swiggy LimitedSWIGGY	4.4%	−4.80 → −2.87	loss, smaller	+8.6 pp	−40%
9	Info Edge (India) LimitedNAUKRI	4.2%	4.57 → 6.87	+50% one source	+3.2 pp	−34%
10	Vishal Mega Mart LimitedVMM	3.6%	0.44 → 0.55	+25%	+1.1 pp	−12%
11	I R C T CIRCTC	2.7%	4.13 → 4.12	0% one source	0.0 pp	−36%
12	ITC HotelsITCHOTELS	2.5%	0.72 → 0.85	+18%	+0.6 pp	−19%
13	Physicswallah LimitedPWL	2.4%	−0.55 → −0.27	loss, smaller	+1.1 pp	—
14	Jubilant Foodworks LimitedJUBLFOOD	1.8%	1.39 → 1.47	+6%	+0.1 pp	−40%
15	Urban Company LimitedURBANCO	1.3%	0.05 → −0.60	to loss	−2.1 pp	—
16	EIHEIHOTEL	1.3%	0.54 → 1.87	+246% one source	+1.8 pp	−13%
17	Chalet Hotels LimitedCHALET	1.2%	9.30 → 3.93	−58%	−2.5 pp	−12%
18	Travel Food Services LimitedTRAVELFOOD	1.1%	6.97 → 9.62	+38% one source	+0.7 pp	—
19	Leela Palaces Hotels & Resorts LimitedTHELEELA	1.0%	0.26 → 1.46	+462% one source	+0.9 pp	+17%
20	TBO TekTBOTEK	1.0%	5.80 → 7.68	+32% one source	+0.4 pp	+2%
	Sector earnings growth	100%			+28.3 pp

Who joined and who left

1 joined and 1 left the top 20 since Q4 FY26, as market caps moved.

Joined the top 20 since Q4 FY26 1

now #20 TBO Tek TBOTEK

Left the top 20 since Q4 FY26 1

was #20 Ventive Hospitality Limited VENTIVE

EPS growth by company, Q2 FY24 to Q1 FY27

Each company's EPS growth year on year, every quarter it was in the top 20.

≤ −40%−20%0+20%≥ +40% Blue is growth, red is decline, grey is about zero; the colour stops deepening at ±40%.

turned profitableto loss crossed zero, so there is no growth rate to print
loss, smallerloss, bigger a loss in both quarters
sources disagree our two sources disagree, so the figure is left out of the sector totals
— no data
outside not in the sector's top 20 that quarter

EPS growth of each company in the sector's top 20, by quarter
Company	Q2 FY24	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27
DMART	−10%	+17%	+22%	+17%	+6%	+5%	−2%	0%	+4%	+18%	+19%	+11%
ETERNAL	turned profitable	turned profitable	turned profitable	turned profitable	+400%	−63%	−80%	−90%	−65%	+83%	+350%	+233%
TRENT	+153%	+142%	+1,195%	+126%	+44%	+33%	−55%	+10%	+11%	+3%	+26%	+21%
INDHOTEL	+37%	+18%	+27%	+11%	+231%	+29%	+25%	+19%	−49%	+55%	+15%	+21%
LENSKART	outside	outside	outside	outside	outside	outside	outside	outside	outside	+86,747%	−8%	+272%
NYKAA	+100%	+100%	+100%	+200%	+100%	+50%	+250%	+167%	+200%	+144%	+286%	+250%
MEESHO	outside	outside	outside	outside	outside	outside	outside	outside	outside	loss, bigger	loss, smaller	loss, smaller
SWIGGY	outside	outside	outside	outside	outside	—	—	—	loss, bigger	loss, bigger	loss, smaller	loss, smaller
NAUKRI	+99%	turned profitable	turned profitable	+46%	−89%	+60%	+669%	+27%	+1,256%	+12%	+22%	+50%
VMM	outside	outside	outside	outside	outside	+26%	+79%	+33%	+43%	+16%	+44%	+25%
IRCTC	sources disagree	sources disagree	sources disagree	+33%	+5%	+14%	+26%	+7%	+11%	+15%	−9%	0%
ITCHOTELS	outside	outside	outside	outside	outside	outside	sources disagree	sources disagree	sources disagree	sources disagree	+6%	+18%
PWL	outside	outside	outside	outside	outside	outside	outside	outside	outside	sources disagree	loss, smaller	loss, smaller
JUBLFOOD	−26%	−18%	+630%	+93%	−34%	−35%	−77%	+64%	+204%	+65%	+66%	+6%
URBANCO	outside	outside	outside	outside	outside	outside	outside	outside	loss, bigger	to loss	loss, bigger	to loss
EIHOTEL	+282%	+54%	+164%	−11%	+40%	+21%	+13%	−63%	−13%	−8%	−6%	+246%
CHALET	+130%	−31%	+110%	−36%	to loss	+28%	+41%	+235%	turned profitable	+28%	+31%	−58%
TRAVELFOOD	outside	outside	outside	outside	outside	outside	outside	outside	+42%	outside	+65%	+38%
THELEELA	outside	outside	outside	outside	outside	outside	outside	outside	outside	outside	+295%	+462%
TBOTEK	outside	outside	outside	+287%	+357%	+251%	+26%	+3%	+12%	+7%	outside	+32%