Rentomojo Q2 FY27 Revenue up 52.8% to ₹1,421 million, Normalised PAT ₹240 million
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 11 Nov 2026, 03:49 PM IST · BSE ID: ab5d2725-a53f-422c-9beb-60b5c9f69d3b
View Original BSE Filing (PDF)
💡
In Simple Terms
Rentomojo reported strong sales and profit growth in Q2 FY27, increased customer orders, and used IPO funds to reduce debt.
🤖 AI Summary
- Rentomojo's Q2 FY27 Revenue from Operations increased 52.8% YoY to ₹1,421 million.
- Normalised EBITDA for Q2 FY27 rose 52.7% YoY to ₹588 million, with Normalised PAT at ₹240 million.
- Gross Items Ordered by Customers grew 45.0% YoY to 381,347 in Q2 FY27.
- The company completed its IPO in Q2 FY27, utilising ₹900.0 million of net proceeds by 30 September 2026.
- Debt-to-equity improved to 0.50x from 0.63x at FY26-end, with net debt declining to ₹1,306 million.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Revenue from Operations
₹1,421 million
52.8%
Normalised EBITDA
₹588 million
52.7%
Normalised PAT
₹240 million
52.2%
Gross Items Ordered by Customers
381,347
45.0%
🏢 How This Affects the Company
The company demonstrated continued growth in its rental and subscription platform, evidenced by a 45.0% YoY increase in Gross Items Ordered by Customers and expansion to 96 Experience Stores across 14 cities.
Revenue from Operations grew 52.8% YoY to ₹1,421 million, accompanied by improved debt metrics with debt-to-equity at 0.50x and net debt at ₹1,306 million following the IPO.
Live Items increased 44.0% YoY to approximately 1.05 million and Live Subscribers rose 42.5% YoY to approximately 324,000, indicating an expanded operational scale.
The repayment of ₹700.0 million in debt from IPO proceeds has reduced the company's financial leverage, improving its debt-to-equity ratio.
👥 What This Means For Shareholders
✅
Action Required
No action required by shareholders based on this financial results filing.
👤
Who Is Affected
Existing shareholders observe the financial performance of the company post-IPO. The IPO resulted in a fresh issue of approximately ₹1,500 million, impacting the overall shareholding structure.
🔍
Management Signal
Management is focused on scaling through subscriber growth, asset utilisation, and technology, while maintaining profitability, cash generation, and capital efficiency, as indicated by the reported metrics.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 financial results — check for sustained revenue and profit growth.
Update on IPO proceeds utilisation — monitor remaining ₹513.7 million.
Next expansion plans for Experience Stores — verify network growth.
LOW RISK
Post-IPO debt reduction and strong operating metrics indicate improved financial health.
💡 Investor Takeaway
Rentomojo Limited reported a Q2 FY27 Revenue from Operations of ₹1,421 million, up 52.8% YoY. Normalised PAT increased 52.2% YoY to ₹240 million. The company completed its IPO in Q2 FY27 and reduced net debt to ₹1,306 million.
⚖️ Strengths & Concerns
✅ Positives
- Revenue from Operations increased 52.8% YoY to ₹1,421 million in Q2 FY27, reflecting broad-based growth.
- Net debt declined to ₹1,306 million from ₹1,493 million at FY26-end, and debt-to-equity improved to 0.50x.
⚠️ Concerns
- Reported PAT declined (62.6%) YoY to ₹182 million in Q2 FY27 due to a deferred-tax expense compared to a prior-year credit.
- Capital expenditure increased 140.6% to ₹1,922.6 million in H1 FY27, indicating substantial investment in asset base and network.
📅 Company Track Record
Rentomojo Limited was listed on NSE and BSE on 17 September 2026, making these its second quarterly results as a public company. Previously, the company reported Q2 FY27 revenue up 52.80% to Rs. 1,421.13 million and net profit at Rs. 181.93 million.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Rentomojo's Revenue from Operations in Q2 FY27?
Rentomojo reported Revenue from Operations of ₹1,421 million in Q2 FY27, an increase of 52.8% year-on-year.
What was Rentomojo's Normalised PAT for Q2 FY27?
Normalised PAT for Rentomojo in Q2 FY27 was ₹240 million, representing a 52.2% increase year-on-year.
How did Rentomojo's debt-to-equity ratio change after the IPO in Q2 FY27?
Rentomojo's debt-to-equity ratio improved to 0.50x as of 30 September 2026, down from 0.63x at FY26-end, following the utilisation of IPO proceeds.
What was the Gross Items Ordered by Customers for Rentomojo in Q2 FY27?
Gross Items Ordered by Customers for Rentomojo increased by 45.0% YoY to 381,347 in Q2 FY27.
How much of the IPO net proceeds did Rentomojo utilise by 30 September 2026?
Rentomojo utilised ₹900.0 million, or 63.7%, of the net IPO proceeds by 30 September 2026, out of ₹1,413.7 million allocated.
Questions based on this BSE filing only. For information purposes.