About Stanley Lifestyles Limited
Stanley Lifestyles is India’s largest super-premium and luxury furniture brand with a market share of 5.61% in terms of revenue. They are also among the few home-grown super-premium and luxury consumer brands in India operating at scale in terms of manufacturing as well as retail operations. They are the fourth largest player in the home furniture segment in India and retail furniture products under the ‘Stanley’ brand.
Company's promoters commenced operations by providing car seat leather upholstery services for leading global automotive brands and subsequently transitioned to retailing luxury furniture in India. They operate 34 ‘company owned and operated’ tores all located in the major metro cities of Bengaluru, Chennai, New Delhi, Mumbai and Hyderabad and 21 ‘franchisee-owned and operated’ stores in 22 cities across nine States and UTs in India.
Why To Invest in Stanley Lifestyles Limited
Leading player in premium luxury furniture with track record of financial growth. The company proposes to utilize the Net Proceeds towards the funding of the following objects:
- Expenditure for opening new stores under the formats of "Stanley Level Next", "Stanley Boutique" and "Sofas & More by Stanley" ("New Stores");
- Expenditure for opening anchor stores ("Anchor Stores");
- Expenditure for the renovation of existing stores under the formats of "Stanley Level Next", "Stanley Boutique" and "Sofas & More by Stanley" ("Existing Stores");
- Funding the capital expenditure requirements for purchasing new machinery and equipment by the company and Material Subsidiary, SOSL; and
- General corporate purposes.
Year | 2021 | 2022 | 2023 |
---|---|---|---|
Operating Revenue (Rs. Cr) | 195.7 | 292.2 | 418.9 |
Profit After Tax (Rs. Cr) | 1.9 | 23.2 | 34.9 |
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