Stanley Lifestyles (STANLEY) Q2 24/25 earnings summary

Executive summary

• Completed IPO on June 28, 2024, raising Rs. 1,810.85 million (net of expenses) through a mix of offer for sale and fresh issue of shares.

• Financial results for the quarter and six months ended September 30, 2024, reviewed and approved by the Board and auditors with an unmodified opinion.

Financial highlights

• Consolidated revenue from operations for the six months ended September 30, 2024: Rs. 2,037 million, up from Rs. 2,060 million year-over-year.

• Consolidated net profit for the six months: Rs. 94 million, compared to Rs. 121 million in the prior year period.

• Standalone revenue for the six months: Rs. 1,178 million, with net profit of Rs. 91 million.

• Basic EPS (consolidated) for the six months: Rs. 1.75, compared to Rs. 1.83 year-over-year.

Outlook and guidance

• IPO proceeds allocated for expansion, including new store openings, anchor stores, and capital expenditure, with Rs. 1,500 million unutilized as of September 30, 2024.