Stanley Lifestyles Q2 Revenue Up 1.6% YoY to ₹107 Cr

Revenue from Operations: ₹10,706 lakhs (+1.6% YoY, +7.8% QoQ)
EBITDA: ₹1,989 lakhs (-19.9% YoY, +15.5% QoQ)
EBITDA Margin: 18.6% (vs 23.5% in Q2 FY26, 17.3% in Q1 FY27)
Adjusted PBT: ₹406 lakhs (-49.9% YoY, +63.7% QoQ)
Adjusted PBT Margin: 3.8% (vs 7.7% in Q2 FY26, 2.5% in Q1 FY27)
Adjusted PAT: ₹329 lakhs (-45.5% YoY, +185.7% QoQ)
Adjusted PAT Margin: 3.1% (vs 5.7% in Q2 FY26, 1.2% in Q1 FY27)

Revenue from Operations: ₹20,641 lakhs (-3.6% YoY)
EBITDA: ₹3,711 lakhs (-21.5% YoY)
EBITDA Margin: 18.0% (vs 22.1% in H1 FY26)
Adjusted PBT: ₹645 lakhs (-64.4% YoY)
Adjusted PBT Margin: 3.2% (vs 8.6% in H1 FY26)
Adjusted PAT: ₹444 lakhs (-67.9% YoY)
Adjusted PAT Margin: 2.2% (vs 6.5% in H1 FY26)

Note: Adjusted PBT and PAT exclude exceptional items of ₹48 lakhs in Q2 FY27, ₹67 lakhs in Q1 FY27 and ₹115 lakhs in H1 FY27

Opened 3 new stores during Q2 FY27 across different markets and formats
Launched Stanley Boutique Homes in Colombo, Sri Lanka through strategic partnership with Singer Sri Lanka PLC (first international market entry)
Expanded presence with Sofas & More by Stanley in Jaipur (entry into Rajasthan)
Introduced first Stanley Superlative Living flagship store in Hyderabad (72,000 sq. ft. format)
Closed 3 stores as part of ongoing network review

Mr. Sunil Suresh, Chairman, commented on the performance:

Sequential revenue improvement encouraging despite challenging operating environment
Business navigating delays in residential project handovers and longer customer conversion cycles
Selective approach to retail footprint, reallocating resources towards markets with better growth potential
Industry inventory buildup ahead of Furniture Quality Control Order (QCO) in August 2026 led to heavier festive price discounting
Potential inclusion of sofas and recliners under QCO creates opportunity for domestic suppliers
Integrated manufacturing capabilities position company to supply other retailers at scale

Progressing with planned restructuring: proposed amalgamation of subsidiaries into Stanley Lifestyles Limited to simplify group structure
Improving cost competitiveness through strategic sourcing under Best Cost Country (BCC) model and greater localization
Refining brand and retail architecture, strengthening internal processes
Developing capabilities across complete home solutions portfolio
Focus on improving sourcing efficiencies, execution and customer experience

Focus on improving customer conversions as residential project handovers progress
Increasing contribution from newer stores
Strengthening complete home solutions portfolio
Continue selective retail expansion and review performance of individual locations

Vertically integrated model with end-to-end control over design, production and retail
Three manufacturing facilities in Bengaluru spanning over 3,00,000 square feet
Supports offerings across ultra luxury, luxury and super premium categories
70 retail outlets across major Indian cities through company-owned and franchise formats