Urban

Urban Company delivered a standout Q4 FY26, with consolidated NTV surging 42% YoY to ₹1,148 croreCurrent reported value: 42% YoY to ₹1,148 crore. No comparable prior figure is available in the source record. and revenue up 43% to ₹426 croreCurrent reported value: 43% to ₹426 crore. No comparable prior figure is available in the source record.. The India core services business accelerated to 26% NTV growthCurrent 26% NTV growth. Reported change: +26% YoY.—the fastest in 11 quarters—driven by densification and the 'faster, cheaper, better' flywheel, with adjusted EBITDA margin improving to 3.3% of NTV (vs 1.6% a year ago). International operations scaled 84% NTV growthCurrent 84% NTV growth. Reported change: +84% YoY. and turned adjusted EBITDA positive for the full year. Native (water purifiers & smart locks) grew 67% NTVCurrent reported value: 67% NTV. No comparable prior figure is available in the source record. with losses narrowing sharply. The key investment drag is Insta Health, which posted ₹119 crore adjusted EBITDA lossCurrent reported value: ₹119 crore adjusted EBITDA loss. No comparable prior figure is available in the source record. as management prioritizes market leadership over near-term profitability. Consolidated adjusted EBITDA breakeven is reaffirmed by Q3 FY28, with a target of ₹1,000 crore adjusted EBITDA by FY31. Risk: competitive irrationality in Insta Health could pressure losses longer than anticipated.