Financial Performance (Consolidated)

(Values in ₹Mn)

Q1 FY27 vs Q1 FY26 Comparison

  • Revenue from operations: ₹1,283 Mn (Q1 FY27) vs ₹221.1 Mn (Q1 FY26) - Increase of 480.2% YoY
  • EBITDA: ₹463 Mn (Q1 FY27) vs ₹192.8 Mn (Q1 FY26) - Increase of 158.1% YoY
  • EBITDA Margin: 36.1% (Q1 FY27) vs 81.1% (Q1 FY26)
  • PAT: ₹126 Mn (Q1 FY27) vs ₹94.2 Mn (Q1 FY26) - Increase of 34.3% YoY
  • PAT Margin: 10% (Q1 FY27) vs 42.6% (Q1 FY26)

Q1 FY27 vs Q4 FY26 Comparison

  • Revenue from operations: ₹1,283 Mn (Q1 FY27) vs ₹838.7 Mn (Q4 FY26) - Increase of 52.9% QoQ
  • EBITDA: ₹463 Mn (Q1 FY27) vs ₹499.6 Mn (Q4 FY26) - Decrease of 66.1% QoQ
  • EBITDA Margin: 36.1% (Q1 FY27) vs 33.2% (Q4 FY26)
  • PAT: ₹126 Mn (Q1 FY27) vs ₹309.8 Mn (Q4 FY26) - Decrease of 59.2% QoQ
  • PAT Margin: 10% (Q1 FY27) vs 36.9% (Q4 FY26)

Business Updates

Pepperfry

  • Strengthening omnichannel presence with plans to add 35 new stores by August 2026
  • Expanding across metros, Tier 1 and Tier 2 cities
  • Scaling retail network towards 250+ stores
  • Enhanced Sell-from-Store capabilities
  • Broad product portfolio across furniture, décor, furnishings and modular solutions

PepCart

  • Expanding technology-enabled big-box logistics capabilities
  • Advancing Logistics-as-a-Service strategy
  • Strategic alliance with Shiprocket to extend specialized big-box logistics solutions to wider merchant ecosystem
  • End-to-end capabilities across pickup, warehousing, delivery, assembly and installation

MyFlopy

  • Strengthening private cloud and secure storage proposition
  • Enabling individuals and enterprises to maintain greater control over their data and digital infrastructure
  • Creating private-cloud layer alongside Group's data-centre capabilities
  • Building deployment-led revenue opportunities across individual and enterprise customers
  • Leveraging synergies with TCC's technology and infrastructure ecosystem

NES Data

  • Developing data-centre infrastructure platform
  • Providing capacity layer for enterprise and digital workloads
  • Forms digital infrastructure pillar together with MyFlopy
  • Combining data-centre capacity with private cloud and secure storage capabilities

Integrated Ecosystem Strategy

TCC's strategy centers on building an interconnected platform where businesses reinforce each other across the value chain:

  • Pepperfry: Consumer reach and commerce
  • PepCart: Fulfilment and logistics
  • NES Data: Data-centre infrastructure
  • MyFlopy: Private cloud and secure storage
  • TryThat.ai and Brantford: AI-led intelligence and market access

Objective is to leverage shared demand, technology, infrastructure, fulfilment and data capabilities to create scalable ecosystem with multiple revenue engines across consumer commerce, digital infrastructure and technology-led businesses. This reflects the "One Ecosystem, Six Engines" architecture.

Management Commentary

Mr. Umesh Sahay, Chairman & Managing Director, stated:

  • Q1 FY27 marked another quarter of strong growth and strategic progress
  • Scaling integrated platform across consumer commerce, digital infrastructure and technology-led businesses
  • Pepperfry strengthening consumer and omnichannel presence
  • PepCart expanding fulfilment capabilities supporting broader ecosystem
  • Building next layer of growth through digital infrastructure with NES Data and MyFlopy
  • Strategy connects capabilities with AI and PropTech platforms to create reinforcing ecosystem
  • Focus remains on disciplined execution, operating synergies and building sustainable revenue streams
  • Integrated approach positions TCC to create sustainable long-term value for shareholders