Dreamfolks Services Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Dreamfolks reported Q1 FY27 revenue of INR39 crores, down from INR52.6 crores in the prior quarter and INR348.9 crores in Q1 FY26, with management attributing the decline primarily to a drop in global lounge business caused by regional conflict affecting international travel. Adjusted EBITDA was negative INR16.4 crores and profit after tax was negative INR13.8 crores, while cash and cash equivalents rose to INR193.3 crores on improved receivables collection. Management highlighted non-airport lounge services contributing approximately 33% of revenue, new banking programs, expansion of the DF Club Membership and railway lounge business, and continued international client signings in APAC.
DreamFolks reported FY26 consolidated revenue of approximately INR 660.6 crores, down from INR 1,291.9 crores in FY25, with the decline attributed to a structural reset in the domestic lounge business. Adjusted EBITDA for FY26 was INR 25.0 crores versus INR 102.1 crores in FY25, while Q4 FY26 posted negative Adjusted EBITDA of INR 13.4 crores. Management described global lounge transaction volumes growing 140% year-on-year and highlighted the Ten11 Hospitality acquisition, the ongoing Easy To Travel acquisition, and the launch of DreamFolks Club 2.0 in the B2C segment.