Dreamfolks Services Limited has released the transcript of its Earnings Conference Call held on May 29, 2026, pertaining to the financial results for the quarter and financial year ended March 31, 2026. The company highlighted a transformative fiscal year FY26, marked by significant structural changes in the credit card ecosystem and global travel headwinds due to geopolitical conflicts. Despite these challenges, Dreamfolks has strategically evolved into a comprehensive travel and lifestyle benefits platform, expanding its portfolio beyond lounge access to include services like spa access, social club entry, hotel room upgrades, airport transfers, and meals at star hotels. The company reported a consolidated revenue of ₹660.6 crore for FY26, a decrease from ₹1,291.9 crore in FY25, primarily due to structural changes in its domestic lounge business. Adjusted EBITDA for FY26 stood at ₹25 crore, down from ₹102.1 crore in the previous year. For Q4 FY26, the company reported revenue of ₹52.6 crore, with a negative Adjusted EBITDA of ₹13.4 crore and a Profit After Tax of ₹13.0 crore. Dreamfolks emphasized its strong global business growth, with transaction volumes from its global lounge program increasing by 140% year-on-year, covering over 1,000 airport touchpoints. The company has also made strategic acquisitions, including Ten11 Hospitality, to enhance its railway lounge infrastructure, and is in the process of acquiring Easy To Travel (ETT) to accelerate international expansion and strengthen its global presence, particularly in the Middle East. The B2C segment, through DreamFolks Club 2.0, is also being developed cautiously. The company's strategic priorities for the upcoming fiscal year include scaling global operations, deepening client diversification, accelerating lifestyle service adoption, and strengthening technology leadership. Management indicated that while FY27 is a transition period, breakeven is anticipated approximately a year later, with a long-term vision for significant growth in the railway lounge business aiming for ₹500 crore revenue in five years.
