WAKEFIT
Wakefit Innovations share price & financials
- Price
- ₹130.09
- Market cap
- ₹4.0k Cr
- Sector
- Consumer Durables
- Calls analysed
- 3
Wakefit Innovations Limited Q1 FY27
What went well
- Revenue from operations for Q1 FY27 increased 16.6% year-on-year to ₹404.9 crores.
- EBITDA grew 25.2% year-on-year to ₹56 crores with an EBITDA margin of 13.9%.
- Profit after tax for the quarter increased 19.2% year-on-year to ₹23.3 crores.
What to watch
- Raw material prices remained dynamic due to geopolitical developments, with the full impact of increased costs expected to reflect in overall H1 FY27.
- Furniture segment experienced deceleration due to specific machine breakdown, workforce shortage, and build-up of promised delivery dates, impacting conversion rates.
What Wakefit Innovations Limited does
Wakefit Innovations is a vertically integrated D2C home and furnishings company selling mattresses, furniture, and furnishings/décor under a single 'Wakefit' brand. It controls the full value chain in-house, from product R&D and manufacturing (including a dedicated plant in Hosur, Tamil Nadu) through warehousing and logistics, to omnichannel distribution via its own website, company-owned (COCO) retail stores, multi-brand outlets (MBOs), and online marketplaces. It earns by selling mattresses (its largest category), furniture, and furnishings/décor directly to consumers, with owned channels (website plus COCO stores) forming a growing share of its distribution mix.
Segments
- Mattresses
- Furniture
- Furnishings & Décor
- Company-owned (COCO) retail stores
- 139 stores across 76 cities (as of Mar-2026)
- Multi-brand outlet (MBO) stores
- 1,948 stores across 536 cities (as of Mar-2026)
- Product categories
- Mattresses, Furniture, Furnishings & Décor
- Manufacturing facility
- Hosur, Tamil Nadu plant with ~4,00,772 sq. ft. built-up area
- Sales channels
- Own website, COCO stores, multi-brand outlets (MBOs), and online marketplaces
- Cumulative orders fulfilled
- 5,000,000+ orders milestone reached
Guidance record · Q1 FY27
what the last two calls moved 18 tracked 4 delivered 1 missed 13 open- Revenue Growth delivered said Q3 FY26 Promised: mid- to high-teen growth Q1 FY27: This promise pertained to FY26 and has been achieved. No further updates are applicable.
- Lease Component in D&A went quiet said Q3 FY26 Promised: INR 665 million Q1 FY27: The final figure for FY26 was not mentioned again, despite the target period having passed. The promise remains unverified.
- Total ESOP Expenses revised up said Q3 FY26 Promised: INR 120 million Q1 FY27: Guidance revised favorably to a range of ₹10-12 crores from the earlier ₹12 crores, due to some delays. This is a positive revision as it's a lower expense.
All 18 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 16.7%, net profit up 15.0% against the same quarter last year.
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|
| Revenue | 385 | 303 | 347 | 377 | 421 +9% | 344 +14% | 405 +17% |
| EBITDA | 20 | 6 | 44 | 41 | 59 +195% | 36 +500% | 56 +27% |
| Net profit | -2 | -26 | 20 | 16 | 32 +1700% | 122 +569% | 23 +15% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −16.6% YTD
YTD: ₹186.03 on 1 Jan 2026 → ₹155.13. High ₹215.8 (11 Feb 2026), low ₹113.04 (8 Jun 2026).
How the price took the results
close before → close after
- Q1 FY27
- −0.1%
- 7 Aug
- Q4 FY26
- −6.6%
- 22 May
- Q3 FY26
- +7.6%
- 11 Feb
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
| Year ending | FY26 |
|---|---|
| Revenue | ₹1.5k Cr |
| Operating profit | ₹180 Cr |
| Operating margin | 12.1% |
| Interest | ₹27 Cr |
| Depreciation | ₹105 Cr |
| Net profit | ₹190 Cr |
| Net margin | 12.8% |
| Cash from operations | ₹245 Cr |
| Free cash flow | ₹215 Cr |
| ROCE | 11.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹16 Cr | ₹33 Cr |
| Reserves | ₹238 Cr | ₹340 Cr | ₹504 Cr | ₹523 Cr | ₹542 Cr | ₹1.1k Cr |
| Borrowings | ₹1 Cr | ₹23 Cr | ₹0 Cr | ₹209 Cr | ₹277 Cr | ₹272 Cr |
| Other liabilities | ₹75 Cr | ₹210 Cr | ₹287 Cr | ₹195 Cr | ₹386 Cr | ₹348 Cr |
| Total liabilities | ₹314 Cr | ₹574 Cr | ₹792 Cr | ₹928 Cr | ₹1.2k Cr | ₹1.8k Cr |
| Fixed assets | ₹49 Cr | ₹227 Cr | ₹290 Cr | ₹329 Cr | ₹407 Cr | ₹389 Cr |
| Capital work in progress | ₹2 Cr | ₹43 Cr | ₹3 Cr | ₹2 Cr | ₹0 Cr | ₹2 Cr |
| Investments | ₹39 Cr | ₹65 Cr | ₹32 Cr | ₹138 Cr | ₹51 Cr | ₹80 Cr |
| Other assets | ₹225 Cr | ₹239 Cr | ₹467 Cr | ₹458 Cr | ₹762 Cr | ₹1.3k Cr |
| Total assets | ₹314 Cr | ₹574 Cr | ₹792 Cr | ₹928 Cr | ₹1.2k Cr | ₹1.8k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Dec 2025, FIIs trimmed −5.06 pp while DIIs added +3.41 pp. The shareholder count shrank 21% to 34,580.
- Promoters
- 36.9%
- FIIs
- 14.5%
- DIIs
- 25.9%
- Public
- 22.8%
Since Dec 2025
- FIIs −5.06 pp
- DIIs +3.41 pp
- Public +2.17 pp
How it drifted, 3 quarters
Over this window FIIs fell from 19.5% to 14.5% — −5.1 pp.
Ownership split by quarter, oldest first. Dec '25: Promoters 37.4%, FIIs 19.5%, DIIs 22.4%, Public 20.6%.Mar '26: Promoters 37.0%, FIIs 15.4%, DIIs 26.6%, Public 21.0%.Jun '26: Promoters 36.9%, FIIs 14.5%, DIIs 25.9%, Public 22.8%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Mirae Asset Multicap Fund Mutual fund +1.45 pp 5.71% held
The same filing shows 3 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Wakefit Innovations Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Ankit Garg | 28.81% | −0.12 pp |
| Peak Xv Partners Investments Vi VC / PE | 13.73% | −0.06 pp |
| Chaitanya Ramalingegowda | 8.07% | unchanged |
| Investcorp Private Equity Fund Iii - Investcorp Growth Equity Fund Mutual fund | 7.73% | unchanged |
| HDFC Small Cap Fund Mutual fund | 5.74% | unchanged |
| Mirae Asset Multicap Fund Mutual fund | 5.71% | +1.45 pp |
| Sai Global India Fund I, LLP | 4.86% | unchanged |
| Verlinvest Sa | 4.58% | unchanged |
| Elevation Capital VIII Limited | 4.41% | unchanged |
| Bajaj Life Insurance Limited Insurer | 1.58% | −0.06 pp |
| Steadview Capital Mauritius Limited FPI fund | 1.56% | unchanged |
| Investcorp India Alternatives Fund - Investcorp Growth Opportunity Fund Mutual fund | 1.03% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Mutual funds in WAKEFIT
Filings to Jul 2026
0 new, 0 added, 0 trimmed, 1 sold out — net −1.83 L shares (−1.0%).
- Held by funds
- ₹227 Cr
- 2 schemes
- Biggest holder
- HDFC Small Cap Fund
- ₹192 Cr · 0.5% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| HDFC Small Cap Fund HDFC Mutual Fund | ₹192 Cr | held | Dec '25 |
| HDFC Children's Fund HDFC Mutual Fund | ₹35 Cr | held | Dec '25 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Jul 2026
0 added, 0 trimmed — net −1.83 L shares (−1.0%)
- Funds are sitting on
- -25%
- vs est. average cost
- Held by funds
- ₹227 Cr
- 2 schemes · ≈ 5.9% of the company
- Biggest holder
- HDFC Small Cap Fund
- ₹192 Cr · 0.5% of that fund
Shares held by these funds +260%
Dec '25 1.82 cr shares Jul '26
All earnings calls (3)
Read the Q1 FY27 call →Learn to analyse Wakefit Innovations Limited
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