Stanley Lifestyles EBITDA Grows 31.6% Q-o-Q to Rs 271 Mn
Stanley Lifestyles reports a 31.6% Q-o-Q increase in EBITDA to ₹271 million and an improved EBITDA margin of 22.7%, demonstrating strong operational performance and effective cost management.
by Damodharan N
Updated Jul 24, 2024
Table of Content
Stanley Lifestyles Limited, a leading luxury furniture manufacturer and retailer in India, has reported a significant increase in its financial performance for the fourth quarter of FY24. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) surged to ₹271 million, reflecting a remarkable growth of 31.6% compared to the ₹206 million recorded in the previous quarter.
In the fourth quarter of FY24, Stanley Lifestyles Limited saw its EBITDA rise to ₹271 million, a significant 31.6% increase from ₹206 million in Q3 FY24. This growth in EBITDA was accompanied by an improvement in the EBITDA margin, which reached 22.7% in Q4 FY24 compared to 19.2% in the previous quarter.
The company's performance also marks a notable increase from ₹128 million in EBITDA recorded in Q4 FY23, reflecting a solid year-over-year growth.
This impressive quarter-on-quarter growth highlights Stanley Lifestyles' strong operational performance and effective cost management strategies.
Source: Here
Stanley Lifestyles Q1 FY 24 Results
Stanley Lifestyles Limited (BSE: 544202; NSE: STANLEY), one of India’s largest integrated super premium and luxury furniture manufacturers and retailers, has announced its audited consolidated financial results for the year ended 31st March 2024.
For FY2024, Stanley Lifestyles reported a revenue from operations of ₹4,325 million. The company achieved an EBITDA of ₹849 million, reflecting a margin of 19.6%. In Q4 FY2024, revenue from operations was ₹1,192 million, up 23.0% from Q4 FY2023. EBITDA for Q4 FY24 rose to ₹271 million, a 31.6% increase from ₹206 million in Q3 FY24, with an improved EBITDA margin of 22.7%.
Commenting on the performance, Mr. Sunil Suresh, Managing Director, said, "Stanley Lifestyles completed its IPO, raising ₹2,000 million in primary capital, on June 28, 2024, with the objective of funding its exciting future growth plans.
The success of the listing reflects considerable interest and conviction from institutional investors in not just the well-known Indian growth story but the country’s ability to create its own luxury brands.
This was a landmark moment for Stanley Lifestyles, which was founded in 1999, that allows the leadership team to drive strategic growth to the next level by capitalizing on the many luxury brand development opportunities that lay ahead of us."
Q4 and FY2024 Financial Performance
|
Rs. in Mn |
Q4 FY24 |
Q4 FY23 |
Y-o-Y (%) |
Q3 FY24 |
Q-o-Q (%) |
FY2024 |
FY2023 |
Y-o-Y (%) |
|
Revenue from Operations |
1,192 |
969 |
23.0% |
1,073 |
11.1% |
4,325 |
4,190 |
3.2% |
|
EBITDA |
271 |
128 |
111.7% |
206 |
31.6% |
849 |
827 |
2.6% |
|
Margin% |
22.7% |
13.2% |
- |
19.2% |
- |
19.6% |
19.7% |
- |
|
PBT |
142 |
84 |
69.0% |
85 |
67.1% |
390 |
464 |
(15.9)% |
|
Margin% |
11.9% |
8.7% |
- |
7.9% |
- |
9.0% |
11.1% |
- |
|
PAT (Ind AS) |
103 |
54 |
90.7% |
65 |
58.5% |
291 |
350 |
(16.8)% |
|
Margin% |
8.6% |
5.6% |
- |
6.1% |
- |
6.7% |
8.3% |
- |
|
PAT (IGAAP) |
132 |
64 |
106.3% |
77 |
71.4% |
345 |
392 |
(12.0)% |
|
Margin% |
11.0% |
6.6% |
- |
7.2% |
- |
8.0% |
9.4% |
- |
Stanley Lifestyles
Stanley Lifestyles Limited (STANLEY) is one of India's largest integrated super premium and luxury furniture manufacturers and retailers, based in Bengaluru. The company operates two manufacturing facilities in Bengaluru, Karnataka, covering a combined area of over 300,000 square feet.
The company remains committed to high-quality manufacturing and meeting the luxury aspirations of Indian consumers, sourcing materials globally and increasingly within India. Stanley Lifestyles has a strong retail presence with 42 Company Owned and Company Operated (COCO) stores and 25 franchised stores across 25 cities in India.
Stanley Lifestyles EBITDA Grows 31.6% Q-o-Q to Rs 271 Mn - FAQs
1. What is the revenue from operations for FY2024?
The revenue from operations for FY2024 is ₹4,325 million.
2. What was the EBITDA for FY2024?
The EBITDA for FY2024 was ₹849 million.
3. What is the EBITDA margin for FY2024?
The EBITDA margin for FY2024 is 19.6%.
4. What was the revenue from operations in Q4 FY2024?
In Q4 FY2024, the revenue from operations was ₹1,192 million.
5. How much did the revenue from operations increase in Q4 FY2024 compared to Q4 FY2023?
The revenue from operations increased by 23.0% in Q4 FY2024 compared to Q4 FY2023.
6. What was the EBITDA for Q4 FY2024?
The EBITDA for Q4 FY2024 was ₹271 million.
7. What was the EBITDA growth in Q4 FY2024 compared to Q3 FY2024?
The EBITDA grew by 31.6% in Q4 FY2024 compared to Q3 FY2024.
8. What was the EBITDA margin in Q4 FY2024?
The EBITDA margin in Q4 FY2024 was 22.7%.
9. What was the EBITDA for Q4 FY2023?
The EBITDA for Q4 FY2023 was ₹128 million.
10. What was the EBITDA growth in Q4 FY2024 compared to Q4 FY2023?
The EBITDA grew by 111.7% in Q4 FY2024 compared to Q4 FY2023.
11. What was the Profit Before Tax (PBT) for Q4 FY2024?
The PBT for Q4 FY2024 was ₹142 million.
12. What was the PBT growth in Q4 FY2024 compared to Q3 FY2024?
The PBT grew by 67.1% in Q4 FY2024 compared to Q3 FY2024.
13. What was the PBT growth in Q4 FY2024 compared to Q4 FY2023?
The PBT grew by 69.0% in Q4 FY2024 compared to Q4 FY2023.
14. What was the PBT margin in Q4 FY2024?
The PBT margin in Q4 FY2024 was 11.9%.
15. What was the Profit After Tax (PAT) (Ind AS) for FY2024?
The PAT (Ind AS) for FY2024 was ₹291 million.
16. What was the PAT (Ind AS) for Q4 FY2024?
The PAT (Ind AS) for Q4 FY2024 was ₹103 million.
17. What was the PAT (Ind AS) growth in Q4 FY2024 compared to Q3 FY2024?
The PAT (Ind AS) grew by 58.5% in Q4 FY2024 compared to Q3 FY2024.
18. What was the PAT (Ind AS) growth in Q4 FY2024 compared to Q4 FY2023?
The PAT (Ind AS) grew by 90.7% in Q4 FY2024 compared to Q4 FY2023.
19. What was the PAT (IGAAP) for FY2024?
The PAT (IGAAP) for FY2024 was ₹345 million.
20. What was the PAT (IGAAP) for Q4 FY2024?
The PAT (IGAAP) for Q4 FY2024 was ₹132 million.
21. What was the PAT (IGAAP) growth in Q4 FY2024 compared to Q3 FY2024?
The PAT (IGAAP) grew by 71.4% in Q4 FY2024 compared to Q3 FY2024.
22. What was the PAT (IGAAP) growth in Q4 FY2024 compared to Q4 FY2023?
The PAT (IGAAP) grew by 106.3% in Q4 FY2024 compared to Q4 FY2023.
23. What was the revenue from operations for Q4 FY2023?
The revenue from operations for Q4 FY2023 was ₹969 million.
24. What was the EBITDA for Q3 FY2024?
The EBITDA for Q3 FY2024 was ₹206 million.
25. What was the PBT for FY2024?
The PBT for FY2024 was ₹390 million.
26. What was the PBT for FY2023?
The PBT for FY2023 was ₹464 million.
27. What was the PBT margin for FY2024?
The PBT margin for FY2024 was 9.0%.
28. What was the PAT (Ind AS) for FY2023?
The PAT (Ind AS) for FY2023 was ₹350 million.
29. What was the PAT (Ind AS) margin for FY2024?
The PAT (Ind AS) margin for FY2024 was 6.7%.
30. What was the PAT (IGAAP) margin for FY2024?
The PAT (IGAAP) margin for FY2024 was 8.0%.