Mumbai, May 26 : Pepperfry Limited , India’s omnichannel furniture and home marketplace, announced its first-ever profitable quarter in Q4 FY26. The milestone marks a significant turning point in the company’s journey and reflects the success of its ongoing strategic transformation.
Over the past few years, Pepperfry has undertaken multiple structural and operational changes focused on improving efficiency, strengthening customer experience, and building a more sustainable and scalable business model.
Ashish Shah, Co-Founder of Pepperfry added,
“This milestone is deeply meaningful for us because the journey has not been easy. The last few years required us to rethink, simplify, rebuild, and sharpen our focus across every aspect of the business. Profitability is not just a financial outcome for us — it is validation that resilient businesses are built through conviction, discipline, and long-term thinking. As we enter the next phase, our focus is to build Pepperfry into a stronger, wider and more future-ready home and lifestyle platform. We intend to accelerate our omnichannel expansion, strengthen our B2B and furnishing businesses, introduce new categories, and continue investing in technology, logistics and supply chain capabilities. As part of TCC Group ecosystem, we believe Pepperfry is well positioned to scale profitably while continuing to deliver a differentiated customer experience across online and offline channels.”
The company attributed its profitability to a combination of strategic initiatives including strengthening its omnichannel model, enabling direct retail sales through stores post integration with TCC, improving conversion rates and average order values, expanding its 100+ studio network, and leveraging its proprietary supply chain and marketplace ecosystem. Pepperfry also continued to strengthen its position as a preferred platform for design-led and D2C home brands across India.
Commenting on the milestone, Umesh Sahay, Promoter of TCC Concept Limited said,
“We have always believed in Pepperfry’s brand strength, customer connect, and long-term potential. The business has shown strong resilience and clarity of execution over the last few quarters. This profitability milestone is an important validation of the team’s strategy, and we remain committed to supporting Pepperfry’s next phase of growth and value creation.”
Nikhil Bhuta, Director of TCC Concept Limited added,
“Pepperfry’s profitable quarter is an important milestone not only for Pepperfry, but also for the broader TCC Group growth journey. TCC Concept Limited has demonstrated strong consolidated performance in FY26, with revenue from operations increasing to ₹1,793.9 Mn, reflecting 116% year-on-year growth. Consolidated EBITDA stood at ₹1,242.7 Mn with an EBITDA margin of 69.28%, while PAT increased to ₹648.2 Mn, reflecting a PAT margin of 36.14%. The Q4 FY26 performance further reinforces this momentum, with consolidated revenue from operations of ₹838.7 Mn, EBITDA of ₹499.6 Mn and PAT of ₹309.8 Mn. These numbers reflect the strength of TCC’s operating platform, disciplined execution and ability to integrate high-potential businesses into a scalable ecosystem. Pepperfry brings a powerful consumer brand, omnichannel reach, marketplace depth and supply chain capability to the Group, and we believe it will be a meaningful growth driver as TCC continues to build a diversified, technology-led and innovation-driven business platform.”
The profitability milestone follows significant improvements in operating discipline across the organisation. Entering FY27, Pepperfry plans to aggressively expand its omnichannel footprint, strengthen its B2B and furnishing businesses, launch new categories, and continue investing in technology and logistics capabilities to build a future-ready home and lifestyle platform.
“While profitability is an important milestone, we believe this is only the beginning. We remain deeply optimistic about the future and committed to building a business that combines growth, operational excellence, and sustainable shareholder value creation,” the company said.