Summary of Key Information:
Reporting Period (Quarter/Year): Q1 FY 2026-27 (Quarter ended June 30, 2026)
Nature of Filing / Announcement: Outcome of Board Meeting and Unaudited Financial Results
Audit Opinion:
Unmodified review report (clean opinion) issued by Deloitte Haskins & Sells LLP for both standalone and consolidated financial results.
Key Financial Highlights [₹ in million]:
Consolidated Results:
Revenue from Operations: ₹1,263.27 (Q1 FY27) vs ₹835.98 (Q1 FY26) - +51.1% YoY growth
Total Income: ₹1,270.99 (Q1 FY27) vs ₹848.60 (Q1 FY26) - +49.8% YoY growth
EBITDA: Not separately disclosed but calculated as PAT + Tax + Finance Costs + Depreciation = ₹78.35 + ₹27.29 + ₹73.44 + ₹229.97 = ₹409.05 million
Net Profit: ₹78.35 (Q1 FY27) vs ₹127.67 (Q1 FY26) - -38.6% YoY decline
EPS: Basic ₹0.78, Diluted ₹0.76
Other Equity: ₹2,917.10 (as of March 31, 2026)
Standalone Results:
Revenue from Operations: ₹1,263.27 (Q1 FY27) vs ₹835.98 (Q1 FY26) - +51.1% YoY growth
Total Income: ₹1,270.99 (Q1 FY27) vs ₹848.60 (Q1 FY26) - +49.8% YoY growth
Net Profit: ₹78.36 (Q1 FY27) vs ₹127.74 (Q1 FY26) - -38.7% YoY decline
EPS: Basic ₹0.78, Diluted ₹0.76
Other Equity: ₹2,917.42 (as of March 31, 2026)
Segment-wise Performance:
The Group has a single business segment as defined in Ind AS 108 - business of providing furniture and appliances on rental and subscription basis in India. No segment-wise breakdown provided.
Corporate Actions:
- Board approved and recommended appointment of M/s. Price Waterhouse Chartered Accountants LLP (Firm Registration Number - 012754N/N500016) as Statutory Auditors for a term of five consecutive years, subject to shareholder approval
- Completed IPO on September 17, 2026: 31,080,011 equity shares at ₹404 per share (₹20 discount for employees), comprising fresh issue of 3,714,482 shares (₹1,500 million) and offer for sale of 27,365,529 shares (₹11,055.67 million)
- Board approved conversion of 65,013 Compulsorily Convertible Preference Shares (Series A to Series D1) of ₹100 each into 65,883,702 equity shares of Re. 1 each on July 20, 2026
- During FY26, equity shares sub-divided from ₹10 to Re. 1 face value and bonus issue in ratio 1:123 approved
Other Significant Information:
Exceptional Items:
1. Warehouse Fire Incident (Q1 FY27): On June 10, 2026, fire at sub-leased warehouse in Noida, Uttar Pradesh resulted in ₹113.66 million exceptional loss from derecognition of PPE, consumables, and other assets. Insurance claim filed pending FIR and surveyor report. No human loss or injury reported.
2. Labour Code Impact (FY26): Government notification of four Labour Codes on November 21, 2025 resulted in ₹25.79 million exceptional item for gratuity impact due to change in wage definition.
Operational Highlights from Investor Presentation:
- Items ordered by subscribers grew 45.8% YoY
- Normalised EBITDA margin approximately 41%
- EBITDA-to-CFO conversion of 1.05x in FY26
- Generated ₹1,729 million cash flow from operations in FY26
- Average items per user: 2.83 in FY26 (+6.0% YoY)
Entities in Consolidation:
- Rentomojo Limited (Parent) including RM Employee Benefit Trust
- Liber Designs Private Limited (Subsidiary)