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Rentomojo posts Q1 FY27 revenue of ₹126.3 crore and PAT of ₹7.8 crore; CEO expects momentum to continue

Our read

Rentomojo is likely to sustain its 83-85% occupancy and profitability through Q2 FY27, with the Noida fire a contained one-off rather than a thesis-changer.

For operators

With 83-85% occupancy across major categories and water purifiers growing strongly, Rentomojo is showing that rental inventory can be kept highly utilized, and the Noida fire, which hit about 2% of inventory, is a reminder to spread stock across warehouses and check insurance cover.

Watch

Occupancy in the Q2 FY27 update staying within or above the 83-85% band

The report

Rentomojo reported Q1 FY27 revenue of ₹126.30 crore and profit after tax of ₹7.80 crore, with a 41% margin. CEO Geetansh Bamania expects momentum to continue, citing 83-85% occupancy and strong water purifier growth, but gave no full-year revenue guidance.

Rentomojo Q1 FY27 revenue and profit after tax
Q1 FY27 revenue
₹126.30 crore
Q1 FY27 profit after tax
₹7.80 crore
Q1 FY27 margin
41%
Occupancy rate across major categories
83-85%

Reported figures

From the report. Source details below

Inventory affected by Noida warehouse fire: 2%
Stock price on NSE at 9:43 am: ₹521.65

What to watch next

  • Any disclosure on insurance claims or financial impact from the Noida warehouse fire
  • A move from qualitative commentary to explicit full-year revenue guidance
  • Continued strong water purifier growth cited in the next quarterly commentary

Likely next moves

Our read of what comes next — analysis, not reported by the source.

  • Rentomojo is likely to keep leaning on water purifiers and other high-occupancy categories, since management cited them as the growth driver.
  • Rentomojo is likely to disclose more on the Noida fire, covering insurance recovery and inventory replacement, once analysts ask about the roughly 2% of affected stock.
  • Rentomojo may stay cautious on formal full-year revenue guidance and keep qualitative commentary such as 'momentum to continue' for now.
  • Rival rental players may compete harder in appliances and purifiers if they see Rentomojo's category strength, though a visible price response is uncertain.

The source

Source Read the source at CNBC-TV18

Filed

Also reported by Moneycontrol

First seen