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Rentomojo posts Q1 FY27 revenue of ₹126.3 crore and PAT of ₹7.8 crore; CEO expects momentum to continue
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.
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The numbers
Figures from CNBC-TV18
| Inventory affected by Noida warehouse fire: | 2% |
|---|---|
| Stock price on NSE at 9:43 am: | ₹521.65 |
Why it matters to operators and investors
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.
What to watch next
- Occupancy in the Q2 FY27 update staying within or above the 83-85% band
- Any disclosure on insurance claims or financial impact from the Noida warehouse fire
- A move from qualitative commentary to explicit full-year revenue guidance
- Follow-through in the share price relative to the ₹521.65 NSE level after the results
- 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.
- Analysts covering the stock are likely to treat 83-85% occupancy as the key health metric and press management on whether it can hold.
- Rival rental players may compete harder in appliances and purifiers if they see Rentomojo's category strength, though a visible price response is uncertain.