Rentomojo shares dipped 2.3% to ₹512.6 on Tuesday, following the release of its first quarterly earnings post‑listing.
The company posted Q1 revenue of ₹126.3 crore, a 51.3% jump from ₹83.5 crore a year earlier. EBITDA surged 54% to ₹51.42 crore, lifting the margin to 41% from 40% last year. Analysts had expected ₹115 crore revenue and a 48% EBITDA growth, so the numbers beat consensus.
Net profit after tax fell 38.6% to ₹7.8 crore, as an ₹11.3 crore fire loss at a warehouse hit earnings. Management said the incident impacted roughly 2% of gross inventory.
When the one‑off loss is stripped, adjusted net profit climbs 71.8% YoY to ₹21.9 crore, aligning with the company’s 40% CAGR growth narrative.
Orders rose 45.8% to 3.29 lakh, live items grew to 9.22 lakh from 6.54 lakh, and average revenue per item edged up to ₹1,662.6.
Rentomojo’s market cap sits at ₹5,319 crore, and the stock is 26.9% above its issue price. The company hasn’t issued forward guidance yet but has signaled a focus on scaling inventory and improving margins.