Wakefit shares slide 7% as crude-linked input costs squeeze mattress maker's margins

Wakefit flagged sustained margin pressure as polyol and TDI prices surged 80-160%, forcing two rounds of 7-8% price hikes in March and April. Q4 FY26 revenue hit ₹344 cr with Ebitda margin at 6.3%; FY26 revenue rose 17.5% to ₹1,534 cr. Footprint stands at 139 stores across 76 cities after 34 net adds.

— Source publishedFri, 22 May, 2026, 19:22 IST·First seen Fri, 22 May, 2026, 19:31 IST·Source Mint · Companies

What happened

Wakefit shares fell 7% after the mattress maker warned crude-linked input costs (polyol, TDI up 80-160%) will pressure margins despite two 7-8% price hikes. Q4

Key facts

  • net profit ₹121.8 cr Q4 FY26
  • revenue ₹344 cr Q4
  • FY26 revenue ₹1,534 cr (+17.5%)
  • Ebitda margin 6.3%
  • shares -7%
  • 139 stores across 76 cities
  • 34 net store adds
  • price hikes 7-8% in March and April

Why this matters

With 139 stores across 76 cities post 34 net adds and margin pain creating a softer entry multiple, this is a window to evaluate bolt-on foam or polyol-adjacent suppliers that could structurally insulate Wakefit from petrochemical price swings.

Also reported by