Stanley Lifestyles

Stanley Lifestyles achieved 23.5% EBITDA margins in Q2FY26, up 550 basis points year-on-year, driven by leather localization and operational efficiencies despite 2.3% revenue growth to INR 1,054 million. The luxury furniture company expanded to 73 stores with 9 new additions in H1, entered Sri Lanka market, and maintained its INR 1,000 crore revenue target within 3-4 years while diversifying into perfumes and lifestyle products.

Stanley Lifestyles Limited filed its quarterly statement showing no deviation in the use of IPO proceeds for the quarter ended September 30, 2025. The company raised INR 181.085 crore through its IPO on June 28, 2024, with net proceeds increasing to INR 183.937 crore due to lower actual issue-related expenses by INR 2.852 crore. The funds are allocated across three main objectives: INR 90.127 crore for opening new stores by subsidiaries, INR 39.990 crore for anchor stores, INR 10.040 crore for renovating existing stores, INR 6.659 crore for capital expenditure on machinery and equipment, and INR 37.121 crore for general corporate purposes. The company has utilized INR 62.000 crore for new stores, INR 6.659 crore for machinery purchases, and INR 33.216 crore for general corporate purposes. ICRA Limited serves as the monitoring agency for fund utilization.

Stanley Lifestyles Limited announced its financial results for the quarter and half-year ended September 30, 2025. For H1 FY26, revenue from operations reached ₹2,141 million, registering 5.1% YoY growth driven by retail business expansion. EBITDA margins improved by 320 basis points to 22.1% from 18.9% in H1 FY25, while PAT grew 45.3% to ₹138 million compared to ₹95 million in H1 FY25. The company expanded its retail presence by adding 7 COCO and 2 FOFO stores during H1 FY26, with retail business contributing nearly 70% of total revenue. Stanley entered international markets through an exclusive Distribution and License Agreement with Singer (Sri Lanka) PLC, planning to open eight stores over three years in Sri Lanka. The company launched Stanley Boutique Homes as a sub-brand offering complete luxury home solutions, with its first store inaugurated in Kanakapura road, Bengaluru. Stanley is also diversifying into Premium Perfumes as a new lifestyle category. For Q2 FY26 specifically, revenue was ₹1,054 million with 2.3% YoY growth, EBITDA margins improved by 550 basis points to 23.5%, and PAT grew 5.3% to ₹60 million. The company operates 68 retail outlets across major Indian cities and has two manufacturing facilities in Bengaluru spanning over 300,000 square feet.