Stanley Lifestyles Limited (STANLEY)
₹141.00 +11.29% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Stanley Lifestyles' revenue was ₹99.3 Cr (-8.6% year on year, -2.0% on the previous quarter), and net profit ₹0.7 Cr (-91.7% year on year); the operating margin was 17.3%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹99.3 | -8.6% | -2.0% |
| Operating profit | ₹17.2 | -23.5% | +14.0% |
| Net profit | ₹0.7 | -91.7% | from loss |
| EPS (₹) | 0.08 | -94.2% | from loss |
| Operating margin | 17.3% | — | — |
STANLEY delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 8.79% of the STANLEY shares traded on NSE were taken to delivery, against the stock's own 20-session average of 53.95%. The price rose 11.29% on unusually low delivery, so more of the move than usual was intraday trading. It traded 26.1 times its average daily volume.
Delivery in the last 5 sessions: 51.4% · 46.6% · 58.0% · 58.3% · 8.8%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Stanley Lifestyles Limited announced the voting results for its 19th Annual General Meeting held on September 28, 2026. All six resolutions passed with requisite majorities, including the adoption of FY26 financial statements and key management redesignations. Notably, special resolutions concerning remuneration and redesignation for the Executive Chairman, Whole-time Director, and Managing Director saw significant institutional dissent, with 90.50% of voting institutions (39.48 lakh shares) voting against them. Overall voter turnout stood at 64.72% of total outstanding shares across 68,770 registered shareholders.
- All 6 resolutions passed, with 64.72% total votes polled (3,69,73,413 shares out of 5,71,25,663 total shares)
- Sunil Suresh redesignated from Chairman & MD to Executive Chairman, passing with 89.32% overall favor
- Resolutions 3, 4, and 5 (remunerations and designations) faced 90.50% dissent from institutional voters (39,47,887 votes against)
- Resolution 1 (adopting FY26 audited accounts) passed with 99.99% approval
Stanley Lifestyles Limited has scheduled its 19th Annual General Meeting (AGM) for September 28, 2026, with the voting cut-off date fixed as September 22, 2026. Key agenda items include redesignating Sunil Suresh as Executive Chairman (gross monthly salary ₹16.42 lakh) and Venkataramana Seshagirirao Gorti as Managing Director (annual remuneration ₹1.85 crore, plus 5.70 lakh ESOPs). Shareholders will also vote on ₹17.53 lakh monthly remuneration for Whole-time Director Shubha Sunil and ratification of an ESOP pool of 37,93,580 options.
- 19th AGM scheduled for September 28, 2026, via Video Conferencing with voting cut-off on September 22, 2026.
- Sunil Suresh redesignated as Executive Chairman with a gross monthly salary of ₹16,41,708 until August 15, 2028.
- Venkataramana Seshagirirao Gorti promoted to Managing Director with ₹1,85,00,000 annual remuneration and 5,70,000 ESOPs.
- Shubha Sunil approved for ₹17,53,390 gross monthly salary as Whole-time Director.
- ESOP pool ratification of 37,93,580 options with a 5-year maximum vesting period.
Stanley Lifestyles Limited has launched its first 'Stanley Superlative Living' flagship store in Jubilee Hills, Hyderabad, spanning 72,000 sq. ft. across six levels. The format showcases over 60 curated room settings, expanding beyond standalone furniture to integrated complete-home solutions including kitchens, wardrobes, lighting, and décor. This launch adds to the company's network of 71 retail outlets across India as it targets high-net-worth individuals in premium residential markets. However, large format store additions also bring elevated lease rentals, amortization, and operational fixed costs.
- Opened 72,000 sq. ft. flagship destination across six levels on Road No. 45, Jubilee Hills, Hyderabad
- Introduced over 60 curated room settings integrating furniture, kitchens, wardrobes, lighting, and art
- Partnered with specialist brands from Germany, Japan, Spain, and Belgium for curated collections
- Expands upon the company's existing retail presence of 71 outlets across India
Stanley Lifestyles Limited announced the opening of a new 'Stanley Superlative Living' store in Hyderabad, Telangana, on September 4, 2026. Located in the affluent Jubilee Hills micro-market, the large-format store spans approximately 72,000 sq. ft. across six floors. This launch strengthens the company's retail presence in South India and supports its luxury home solutions and multi-category retail strategy. Investors should track revenue ramp-up and fixed operating lease costs from this flagship addition against its TTM revenue base of Rs 352 Cr.
- New 'Stanley Superlative Living' store opening on September 4, 2026
- Spans approximately 72,000 sq. ft. across six floors
- Located at Road No. 45, Jubilee Hills, Hyderabad, Telangana
- Aims to expand retail presence in the luxury home living segment
Stanley Lifestyles released its Q1 FY27 earnings call transcript highlighting revenue of ₹99.35 Cr (down from ₹108.61 Cr in Q1 FY26) and PAT of ₹0.65 Cr. Performance was constrained by 12-18 month delays in luxury residential project handovers (impacting 80-85% of customers) and Middle East freight disruptions affecting B2B shipments. The company opened 3 new stores, closed 4 underperforming locations, and expanded internationally with a JV store in Sri Lanka. Out of 42 COCO stores, 35 are EBITDA positive, targeting capital payback in 24 to 36 months.
- Q1 FY27 revenue reported at ₹9,935 lakhs (₹99.35 Cr) vs ₹10,861 lakhs in Q1 FY26, with EBITDA of ₹1,722 lakhs (17.3% margin) and PAT of ₹65 lakhs
- Customer conversion hindered as 80% to 85% of buyer base faces 12 to 18 month delays in residential handovers
- Opened 3 new stores in Bangalore, rationalized 4 stores (3 in Bangalore, 1 in Mumbai), and entered Sri Lanka via a JV with Singer Sri Lanka PLC
- 35 out of 42 COCO stores are store-level EBITDA positive, with expected store payback within 24 to 36 months
Stanley Lifestyles Limited has informed the exchanges of its authorization under Regulation 30(5) of the SEBI (LODR) Regulations, 2015. The Board of Directors authorized Mr. Sudhir Iyer, Chief Financial Officer, to determine the materiality of events or information and make required disclosures to the stock exchanges. This is a routine administrative compliance update with zero direct impact on the company's financials (TTM revenue of Rs 352 Cr) or operations.
- Intimation submitted pursuant to Regulation 30(5) of SEBI LODR Regulations on August 18, 2026
- Mr. Sudhir Iyer, Chief Financial Officer, designated as authorized Key Managerial Personnel (KMP)
- Authorized for determining materiality of events and making disclosures to BSE and NSE
- Filing reference number: SLL/SE/57-2026
Stanley Lifestyles Limited has appointed CA. Sudhir Iyer as its Group Chief Financial Officer to oversee the Group's Finance and IT functions. Iyer brings over 20 years of corporate finance, M&A, treasury, and ERP implementation experience, having previously held senior finance leadership roles at Revathi Equipment Limited (Dalmia Group) and Arvind Lifestyle Brands Ltd. The appointment comes as the company continues to scale its footprint across 72 retail stores and 3 manufacturing facilities in Bengaluru totaling over 300,000 square feet.
- Appointed CA. Sudhir Iyer as Group CFO, who brings more than 20 years of leadership experience in strategic finance and business transformation.
- Past experience includes Group CFO at Revathi Equipment Limited and senior finance positions at Arvind Lifestyle Brands Ltd. and Goenka International.
- Stanley currently operates a vertically integrated model with 3 manufacturing facilities (>300,000 sq ft) and 72 retail outlets across India.
- The new leadership will focus on capital allocation, governance, and technology-led transformation across a ₹352 Cr TTM revenue base.
Stanley Lifestyles Limited has submitted the web link for the audio recording of its earnings conference call held on August 14, 2026. The call discussed the company's financial results for the first quarter ended June 30, 2026 (Q1 FY27). In Q1 FY27, the company reported revenue of ₹99.35 crore and a net profit of ₹0.65 crore. This filing is a routine compliance disclosure pursuant to SEBI LODR regulations.
- Earnings conference call held on Friday, August 14, 2026.
- Call covered unaudited financial results for the quarter and three months ended June 30, 2026.
- Filing submitted pursuant to Regulations 30 and 46(2)(oa) of SEBI LODR Regulations, 2015.
Stanley Lifestyles reported a revenue decline to Rs 99.35 Cr in Q1 FY27, down from Rs 108.67 Cr in the same period last year, primarily due to B2B shipment delays and a 12-18 month lag in residential project handovers. Profitability was significantly impacted, with PAT falling to Rs 0.65 Cr compared to Rs 7.8 Cr in Jun 2025. The company is pivoting towards a 'Complete Home Solutions' model, aiming to increase average ticket sizes from Rs 2 Lakhs to Rs 20-25 Lakhs. Despite headwinds, the company maintained an EBITDA margin of 17.3% and expanded its footprint into Sri Lanka and Rajasthan.
- Revenue from operations decreased 8.6% YoY to Rs 99.35 Cr, impacted by international freight disruptions and delayed home handovers.
- PAT stood at a marginal Rs 0.65 Cr for the quarter, a sharp decline from the Rs 7.8 Cr reported in the June 2025 quarter.
- Residential project handovers across India are reportedly delayed by 12 to 18 months, affecting 80-85% of the company's customer base.
- The company entered its first international market in Colombo, Sri Lanka, through a joint venture with Singer (Sri Lanka) PLC in July 2026.
- Strategic shift to 'Complete Home Solutions' targets a ticket size increase to Rs 20-25 Lakhs, up from the current furniture-only average of Rs 2 Lakhs.
Stanley Lifestyles reported a weak Q1 FY27 with revenue declining 8.6% YoY to ₹99.35 Cr and PAT crashing 91.6% to ₹0.65 Cr. The company attributed the decline to international freight disruptions affecting B2B shipments and a 12-18 month delay in residential project handovers, which impacts 80-85% of its customer base. Despite top-line pressure, EBITDA margins stood at 17.3%, supported by localization efforts. The company also marked its international entry into Sri Lanka in July 2026 via a joint venture.
- Revenue from operations fell 8.6% YoY to ₹99.35 Cr compared to ₹108.67 Cr in Q1 FY26.
- Net Profit (PAT) plummeted 91.6% YoY to ₹0.65 Cr from ₹7.78 Cr in the previous year.
- EBITDA margin contracted to 17.3% from 20.7% YoY, though it improved sequentially from 14.9% in Q4 FY26.
- Opened 3 new stores in Bengaluru but closed 4 locations in Bengaluru and Mumbai as part of portfolio rationalization.
- Residential project handovers across India are reportedly delayed by 12 to 18 months, slowing customer conversions.
Stanley Lifestyles Limited has submitted its quarterly statement regarding the utilization of IPO proceeds for the period ended June 30, 2026. The company confirmed there were no deviations or variations from the objects stated in its prospectus. The net proceeds available for use increased slightly from the initial INR 181.085 crore to INR 183.937 crore due to a saving of INR 2.852 crore in issue-related expenses. The monitoring agency, ICRA Limited, has reviewed the fund usage without any adverse comments.
- Total amount raised via IPO on June 28, 2024, was INR 181.085 crore.
- Net proceeds increased to INR 183.937 crore as of June 30, 2026, due to lower issue expenses.
- Actual issue-related expenses were reduced by INR 2.852 crore compared to initial estimates.
- Zero deviation or variation reported in the utilization of funds for the quarter ended June 30, 2026.
- Monitoring agency ICRA Limited and the Audit Committee confirmed no concerns regarding fund usage.
Stanley Lifestyles has appointed Mr. Sudhir Iyer as Chief Financial Officer effective August 13, 2026, following the termination of the previous Company Secretary, Mukesh Sharma, for misconduct. An internal investigation revealed a misappropriation of ₹2.35 cr between April and June 2026, which has been written off as an exceptional item. For Q1 FY27, the company reported standalone revenue of ₹55.11 cr and a net profit of ₹0.67 cr. The results were supported by a ₹1.68 cr exceptional gain from the reversal of employee benefit liabilities due to compensation restructuring.
- Termination of Company Secretary following investigation into ₹2.35 cr misappropriation identified in Q1 FY27
- Appointment of Mr. Sudhir Iyer as CFO, bringing 20+ years of experience from Arvind Lifestyle and Revathi Equipment
- Standalone Revenue for Q1 FY27 stood at ₹55.11 cr, a 5.2% decline compared to ₹58.13 cr in Q1 FY26
- Exceptional gain of ₹1.68 cr recognized due to restructuring of employee compensation arrangements
- Standalone Net Profit for the quarter reported at ₹0.67 cr after accounting for exceptional items
Stanley Lifestyles has scheduled its earnings conference call for the quarter ended June 30, 2026, on August 14, 2026, at 3:30 PM IST. The management team, including the Chairman and Managing Director, will discuss the financial performance following a fiscal year (FY26) where revenue stood at ₹361.8 crore. Investors will likely seek clarity on the recovery from the ₹0.6 crore net loss reported in the March 2026 quarter and the progress of retail expansion plans.
- Earnings call scheduled for August 14, 2026, at 03:30 PM IST following Q1 FY27 results.
- Management representation includes Chairman Sunil Suresh, MD Venkataramana Gorti, and Group CFO Sudhir Iyer.
- The call follows a TTM revenue performance of ₹362 crore and a TTM PAT of ₹12 crore.
- Focus remains on the luxury furniture segment where the company reported a 16.6% OPM in FY26.
Stanley Lifestyles Limited reported that a resolution proposed via postal ballot failed to receive the requisite majority of shareholder votes. The remote e-voting process, which concluded on August 6, 2026, saw enough dissent to block the proposal despite a 56.7% promoter holding. This rejection comes amid a challenging period for the company, which reported a net loss of ₹0.6 cr in the March 2026 quarter and a 51.7% share price decline over the past 12 months.
- Proposed resolution failed to pass with the requisite majority as per the Scrutinizer’s Report dated August 7, 2026
- Remote e-voting period spanned 30 days, starting July 8, 2026, and ending August 6, 2026
- Promoter holding remains at 56.7%, suggesting significant dissent from non-promoter shareholders or restrictions on promoter voting for this specific item
- Company's TTM revenue stands at ₹362 cr with a high P/E ratio of 76.5
Stanley Lifestyles Limited has terminated the services of its Company Secretary and Compliance Officer, Mr. Mukesh Sharma, effective August 05, 2026. The company explicitly cited 'moral turpitude including misappropriations' as the grounds for this immediate dismissal. This governance red flag comes at a time when the company is trading at a high P/E of 78.8 despite a 52.4% decline in share price over the last 12 months. Investors should note that the Compliance Officer is a Key Managerial Personnel (KMP) responsible for the company's regulatory integrity.
- Immediate termination of Mr. Mukesh Sharma as Company Secretary and Compliance Officer on August 05, 2026.
- Dismissal based on allegations of moral turpitude and financial misappropriations.
- Company is currently valued at a Market Cap of ₹922 Cr with a TTM PAT of only ₹12 Cr.
- The termination follows a period of weak financial performance, including a net loss of ₹0.6 Cr in the March 2026 quarter.
Financial Performance
Revenue Growth by Segment
Total revenue for H1 FY26 grew 5.1% YoY to INR 2,141 million. Segment contributions for H1 FY26: Sofa/Seatings (61% of revenue, up from 53% YoY), Case Goods (15%), Leather Automotive Interiors (11%), Kitchen & Cabinetry (6%), Beds & Mattress (5%), and Automotive & Others (3%). Q2 FY26 revenue stood at INR 1,054 million, a 2.3% YoY increase.
Geographic Revenue Split
Not explicitly disclosed by region, though operations are centered in India with headquarters in Bengaluru. The company is expanding its retail footprint through COCO (60% of H1 FY26 revenue) and FOFO (10% of H1 FY26 revenue) store formats.
Profitability Margins
Gross profit margin improved by 330 basis points in H1 FY26 due to procurement efficiencies and localization. Gross margins are maintained at over 50% due to an integrated value chain. Profit After Tax (PAT) for H1 FY26 was INR 138 million, a 45.3% increase from INR 95 million in H1 FY25.
EBITDA Margin
EBITDA margin expanded by 320 basis points to 22.1% in H1 FY26 compared to 18.9% in H1 FY25. Q2 FY26 EBITDA margin saw a significant expansion of 550 basis points to 23.5% (vs 18% YoY), driven by cost optimization and operating leverage as the retail network scales.
Capital Expenditure
In FY25, the company spent INR 37.4 Cr (INR 374 million) on the purchase of property, plant, and equipment and intangible assets, compared to INR 48.8 Cr (INR 488 million) in FY24. Investments are primarily directed toward new store additions and manufacturing localization.
Credit Rating & Borrowing
The company has limited dependence on debt following its IPO. Total borrowings were reduced to INR 2.3 Cr (INR 23 million) as of March 31, 2025, from INR 27.1 Cr (INR 271 million) in March 2024. ICRA provides the credit rating, noting a robust financial profile and healthy coverage indicators.
Operational Drivers
Raw Materials
Specific materials include leather (for automotive and furniture), wood, and foam (implied by sofa/bedding products). Raw materials and procurement efficiencies are critical, with gross margins exceeding 50% of revenue.
Import Sources
Not disclosed in available documents, though the company is actively pursuing 'greater localization' to improve margins.
Capacity Expansion
The company is scaling its retail presence by signing lease agreements for several new stores in H1 FY26. This expansion led to a short-term increase in amortization and finance costs of INR 7.2 Cr (INR 72 million).
Raw Material Costs
Raw material costs are managed through increased insourcing of manufacturing and procurement efficiencies, which contributed to a 330 bps improvement in gross margins in H1 FY26.
Manufacturing Efficiency
Efficiency is driven by 'plumbing changes' in the manufacturing process and increased localization, which helped deliver a richer product mix and higher EBITDA margins (22.1% in H1 FY26).
Strategic Growth
Growth Strategy
Growth will be achieved by scaling the retail network (COCO and FOFO stores), introducing new product categories (Kitchen, Cabinetry, Beds), and targeting the HNI segment. The company is focusing on 'House of Stanley' as a luxury ecosystem and leveraging its integrated design-to-retail model to provide faster turnaround for customized furniture.
Products & Services
Luxury sofas, seating, case goods (tables/cabinets), leather automotive interiors, kitchen cabinetry, beds, and mattresses.
Brand Portfolio
Stanley, Stanley Lifestyles, House of Stanley.
New Products/Services
Expansion into complete home solutions including Kitchen & Cabinetry (6% of H1 FY26 revenue) and Beds & Mattresses (5% of H1 FY26 revenue).
Market Expansion
Strategic expansion of the retail footprint across India and select international markets to reinforce its position as a luxury furniture brand.
Market Share & Ranking
Positioned as India's most admired luxury furniture brand; specific market share % not disclosed.
External Factors
Industry Trends
Growing preference for premium and luxury home solutions in India. The industry is shifting toward organized retail and integrated players who can offer customization and faster delivery.
Competitive Landscape
The luxury furniture market is fragmented, but Stanley competes by offering 'complete home solutions' and maintaining a high-end brand image ('House of Stanley').
Competitive Moat
The moat is built on an integrated value chain (design, manufacture, retail), which creates a significant entry barrier and allows for >50% gross margins. This model enables faster response to demand shifts and customization that competitors struggle to match.
Macro Economic Sensitivity
Highly sensitive to real estate cycles and HNI income levels; 80-85% of revenue is linked to new home completions.
Consumer Behavior
Shift toward luxury lifestyle branding and storytelling; customers increasingly seek 'meaningful storytelling' and craftsmanship in home decor.
Geopolitical Risks
Management noted 'certain global headwinds' impacting the business environment in FY26.
Regulatory & Governance
Industry Regulations
Compliance with the Companies Act, 2013. Auditors noted a deficiency where the audit trail (edit log) feature was not enabled in the accounting software for the parent and one subsidiary for the full year ended March 31, 2024.
Taxation Policy Impact
Income taxes paid in FY25 amounted to INR 14.2 Cr (INR 142 million).
Legal Contingencies
A fire incident in one store was noted as a factor impacting H1 FY25 performance. No specific values for pending court cases were disclosed in the provided text.
Risk Analysis
Key Uncertainties
Delays in real estate handovers (80-85% revenue risk), infrastructure project disruptions (metro/road work), and potential for unauthorized use of assets due to inherent limitations in internal controls.
Geographic Concentration Risk
Significant operations and store presence in urban centers like Bengaluru; disruption in these hubs (e.g., metro construction) significantly impacts SSSG.
Third Party Dependencies
Reliance on other auditors for two subsidiaries representing INR 36.6 Cr in assets and INR 31.1 Cr in revenue.
Technology Obsolescence Risk
Risk identified regarding the lack of audit trail features in accounting software, which is a regulatory and internal control risk.
Credit & Counterparty Risk
Provision for credit allowances was INR 1.1 Cr (INR 11 million) in FY25. The company is mitigating this by moving toward cash-and-carry for trading items.
