Stanley Lifestyles Limited (STANLEY) announced the outcome of its Board of Directors meeting held on Monday, May 26, 2025. The Board considered and approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2025.
Key highlights from the standalone financial results are:
- For the quarter ended March 31, 2025:
- Revenue from operations was ₹51.9 crore, compared to ₹58.6 crore in the same quarter of the previous year.
- Profit before tax increased to ₹5.7 crore from ₹4.8 crore in Q4 FY24.
- Profit for the period stood at ₹4.4 crore, up from ₹3.5 crore in Q4 FY24.
- Basic Earnings Per Share (EPS) was ₹0.77, compared to ₹0.68 in Q4 FY24.
- For the financial year ended March 31, 2025:
- Revenue from operations was ₹217.5 crore, down from ₹231.3 crore in FY24.
- Profit before tax grew to ₹25.5 crore from ₹22.0 crore in FY24.
- Profit for the year was ₹19.3 crore, an increase from ₹15.7 crore in FY24.
- Basic EPS improved to ₹3.46 from ₹3.04 in FY24.
Details on the utilization of IPO proceeds:
- The company received ₹181.085 crore (net of estimated IPO expenses of ₹18.915 crore) from its fresh issue of equity shares.
- As of March 31, 2025, ₹56.085 crore of the IPO proceeds have been utilized, leaving an unutilized amount of ₹125.00 crore.
- Utilization breakdown:
- Investment in subsidiaries for new/renovated stores: ₹17.39 crore utilized out of ₹140.157 crore allocated.
- Funding capital expenditure for new machinery and equipment: ₹6.659 crore utilized, fully exhausting the allocated amount.
- General corporate purposes: ₹32.036 crore utilized out of ₹34.269 crore allocated.
Other significant information:
- Stanley Lifestyles Limited's equity shares were listed on BSE and NSE on June 28, 2024, following its Initial Public Offering (IPO). The IPO comprised 14,553,508 equity shares of face value ₹2 each at an issue price of ₹369 per share, including a fresh issue of 5,420,054 shares and an Offer for Sale of 9,133,454 shares.
- The company has an agreement from September 1, 2023, to purchase the 'Stanley' Trademark and Copyright from Mr. Sunil Suresh for ₹44.3 crore (inclusive of GST). The registration is pending, and the amount is categorized under capital work in progress.
There was no specific management commentary or future guidance provided in the announcement.