Stanley Lifestyles Limited has informed the Exchange about Investor Presentation
Date: 27.05.2025 Ref no. SLL/SE/37-2025
To, National Stock Exchange of India Limited (“NSE”) Listing Department Exchange Plaza, C-1 Block G, Bandra Kurla Complex Bandra [E], Mumbai – 400051 NSE Scrip Symbol: STANLEY ISIN: INE01A001028
To, BSE Limited (“BSE”) Listing Department Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 BSE Scrip Code: 544202 ISIN: INE01A001028
Dear Sir/Ma’am,
SUB: EARNINGS PRESENTATION ON THE FINANCIAL RESULTS OF Q4 AND FY 2024-25
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a copy of the Earnings Call Presentation of the financial results of the Company for the quarter and financial year ended March 31, 2025 that will be circulated to the Investors/Analysts for the Earnings Call scheduled on May 27, 2025.
We request you to kindly take this on your record.
Thanking You,
For Stanley Lifestyles Limited
Akash Shetty Company Secretary and Compliance Officer M. No.11314
Enclosed as above
Stanley Lifestyles Limited
Registered Office: SY No. 16/2 and 16/3 Part, Hosur Road, Veerasandra Village, Attibele Hobli, Anekal Taluk, Bangalore, Karnataka-560100
CIN: U19116KA2007PLC044090 | Phone: 080 6895 7200 | E-mail: compliance@stanleylifestyles.com | Website: www.stanleylifestyles.com
(BSE: 544202; NSE: STANLEY)
Earnings Presentation Q4 and FY2025
27th May 2025
Q4 and FY25 FINANCIAL RESULTS DISCUSSION
2
LARGEST PREMIUM AND LUXURY FURNITURE BRAND
• Among the few home-grown super-premium and luxury consumer brands in India
Scale
operating at scale in terms of manufacturing as well as retail operations2
• Present across various price points through our various brands2
• Largest in terms of number of stores and the fastest in terms of revenue growth2
26 Years A leading home- grown luxury brand
Multiple Store formats catering to a different segment of the market
• Largest network of retail outlets – Retail presence in India was thrice the size of
Footprint
nearest competitor in the luxury/ super-premium furniture industry2,
• Various store formats which allows us to target various markets ensuring enhanced
brand visibility
• Among the top 4 completely Integrated Indian super-premium & luxury furniture
manufacturing company2
•
Integrated model provides us with the ability to have complete control over our processes
• Operating two manufacturing facilities with combined total area of 3 lakh+ square feet
24/68 Cities / Stores across brands3
6/16/14/14/95 New stores added across brands in FY21 / FY22 / FY23 / FY24/ FY25
21.5% FY21-25 Revenue CAGR
28.7% FY21-25 EBITDA CAGR
• Only company in the segment operating at a significant scale while maintaining such a
high level of profitability2
• Consistently profitable over the last 10 years
97.3% FY21-25 PAT CAGR
#1 One of the highest PAT margins 1,2,4
Vertically
Integrated
Model
High level of
profitability
Notes: 1. 2. 3. 4. 5.
FY23 Redseer Report As of March 31, 2025 and includes Company Owned and Company Operated Stores, Franchisee Owned Franchisee Operated Stores and One Stanley Personnel Store Among major Indian furniture companies 8 stores were closed in FY2025 including 2 D8 Stores
3
MANAGING DIRECTOR’S MESSAGE
“The financial year gone by was an important milestone for the Company, marked by the successful completion of our Initial Public Offering in June 2024. The listing has strengthened our financial base, enabling us to drive our strategic priorities across the premium and luxury home interiors market.
For FY25, Stanley Lifestyles reported Revenue from Operations of INR 4,262 million. The COCO retail business, which continues to be the key driver, grew by 12.7% QoQ and 13.5% YoY for FY25-Q4, the full year the growth stand at 8.5%, supported by consistent demand for premium and luxury furniture in key urban centres. Among our brand portfolio, Stanley Level Next led the performance with 15.5% YoY growth, while Stanley Boutique degrow by 9.2% YoY and Sofas & More grew by 11.8% YoY. We have witnessed some rebound in the footfall traction in Q3 and Q4.
Our distribution business vertical saw short-term disruption due to a realignment in credit policies from credit to cash & carry model impacting volumes. This vertical is now stabilizing, and we expect growth momentum to return by Q3 FY26 as channel partners adjust to the revised terms. Meanwhile, the B2B segment remained flat throughout the year. Although there is an encouraging volume of enquiries, the conversion cycle is elongated, and we anticipate similar trends in FY26. This business will continue to be nurtured with a focus on project-driven execution timelines.
On the profitability front, the localisation efforts and manufacturing efficiencies through in-house manufacturing has been progressing well, leading to an improvement of 237-bps in gross margins. The gross margin expanded to 56.3% in FY25 compared to 53.9% in FY24.
As of FY25, we have 68 stores across India, comprising 44 COCO stores and 24 FOFO stores. COCO stores contributed 61% of total revenue, reinforcing our control over brand presentation, customer engagement and service quality. That said, our retail expansion during the year was measured. Despite the availability of IPO funds, the rollout plan was moderated due to a mismatch between expected rental terms and shortage of Grade A retail locations. Several high-traffic zones saw rental expectations that did not align with our business model, leading to delayed store launches.
On the demand front, while structural indicators remain favorable, footfall remained less than expectations, primarily owing to lower-than-expected residential handovers. We view this as a temporary lag rather than a demand deficit. The premium and luxury residential real estate sector is experiencing strong sales traction, and we continue to monitor housing handover schedules closely.
Looking ahead, we are on track to opening 5 stores (3 COCO & 2 FOFO) in Q1 FY26, with a full-year target of 15 new stores with 3 stores planned relocation. Our focus remains on expanding in high-opportunity real estate clusters, improving inventory efficiencies at the store level and enhancing customer engagement through curated offerings.
Mr. Sunil Suresh
Additionally, the entry of imported furniture which is a major competition is poised for disruption, with the government's emphasis on BIS certification coming into effect from March’26.
With a strong presence of retail stores in major metros supported by well-established fully integrated manufacturing capacity, Stanley Lifestyles is well- placed to capitalise on emerging opportunities in India’s premium and luxury furniture landscape.”
4
Q4 FY25 FINANCIAL PERFORMANCE
Revenue (Rs. Mn)
Gross Profit (Rs. Mn) / Margin (%)
56.5%
58.1%
57.7%
53.9%
56.3%
4,325
4,262
2,333
2,400
1,192
1,097
1,128
673
637
651
Q4 FY24
Q3 FY25
Q4 FY25
FY24
FY25
Q4 FY24
Q3 FY25
Q4 FY25
FY24
FY25
EBITDA (Rs. Mn) / Margin (%)
PAT (Rs. Mn) / Margin (%)
22.7%
18.6%
20.1%
19.6%
19.2%
8.6%
8.1%
9.6%
6.7%
6.8%
849
818
291
292
271
204
227
103
89
108
Q4 FY24
Q3 FY25
Q4 FY25
FY24
FY25
Q4 FY24
Q3 FY25
Q4 FY25
FY24
FY25
5
REVENUE CONTRIBUTION BY PRODUCT CATEGORIES
3%5%
8%
16%
Rs. 2,922
56%
11%
5%
6%
7%
12%
Rs. 4,190
57%
13%
5%
6%
7%
11%
Rs. 4,325
55%
16%
(In Million)
5%
6%
4%
11%
16%
Rs. 4,262
59%
FY22
FY23
FY24
FY25
Seating
Case Goods
Leather Automotive Interiors
Automotive & others
Kitchen & Cabinetry
Beds & Mattress
6
REVENUE CONTRIBUTION BY STORE CATEGORY
26%
25%
Rs. 2,922
60%
Rs. 4,190
11%
63%
Rs. 4,325
12%
63%
31%
9%
FY22
27 Stores
13 Stores
FY23
34 Stores
20 Stores
FY24
42 Stores
25 Stores
(In Million)
26%
13%
Rs. 4,262
61%
FY25
44 Stores
24 Stores
40 Stores
54 Stores
67 Stores
68 Stores3
Note: 1. 2. 3.
Others includes contract manufacturing and B2B COCO includes two D8 stores and one Stanley Personal store in FY22, FY23, FY24 and FY25 8 Stores were closed in FY2025 including 2 D8 Stores
7
COCO2
FOFO
Others1
STORE CATEGORY BREAKUP
d e n w O y n a p m o C
e s i h c n a r F
8
7
5
7
7
13
10
9
22
20
17
14
8
4
3
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
3
4
4
3
3
3
19
18
15
9
3
1
1
1
0
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
Note: As of March 31, 2025, excludes one Stanley Personnel Store
8
Q4 and FY25 INCOME STATEMENT
Rs. Million
Revenue
Cost of Materials Consumed
Purchase of stock in trade
Changes in Inventories
Employee Cost
Other Expenses
EBITDA
Margin
Other Income
Depreciation
Finance Cost
PBT
Margin
Tax
PAT (Ind AS)
Margin
PAT (IGAAP)
Margin
Basic EPS
Q4FY25
Q4FY24
Y-o-Y (%)
Q3FY25
Q-o-Q (%)
1,192
(5.4)%
1,097
2.8%
1,128
348
42
88
164
259
227
359
121
39
150
252
271
20.1%
22.7%
42
119
42
108
9.6%
0
108
9.6%
117
10.4%
1.84
23
104
48
142
11.9%
39
103
8.6%
132
11.0%
1.98
446
102
(89)
164
269
204
18.6%
57
111
41
110
10.0%
21
89
8.1%
100
9.1%
1.52
(16.2)%
(23.9)%
4.9%
(11.3)%
11.2%
(1.3)%
21.4%
17.1%
FY25
4,262
1,536
280
47
625
956
818
FY24
4,325
1,743
360
(110)
572
911
849
19.2%
19.6%
172
444
182
364
8.5%
72
292
6.8%
345
8.1%
5.22
113
381
191
390
9.0%
99
291
6.7%
345
8.0%
5.83
Y-o-Y (%)
(1.5)%
(3.7)%
(6.9)%
0.2%
0.0%
9
Capital Structure
Rs. Million
Short Term Debt
Long term Debt
Total Debt
(-) Cash & Cash Equivalent
Net Debt
Total Equity
Net Debt/Equity (x)
FY23
FY24
FY25
91
2
94
734
(640)
2,238
(0.3)
262
9
271
526
(255)
2,581
(0.1)
16
7
23
1,401
(1,378)
4,755
(0.3)
ROE
12.1%
16.3%
ROCE
16.6%
7.9%
10.3%
5.7%
FY23
FY24
FY25
FY23
FY24
FY25
Trade Receivables Days
Inventory Days
Trade Payables Days
15
18
21
214
241
277
86
81
83
FY23
FY24
FY25
FY23
FY24
FY25
FY23
FY24
FY25
10
BALANCE SHEET AS OF 31st March 2025
Rs. Million Equity and liabilities
Equity
Equity share capital Other equity
Total equity attributable to equity holders Non-controlling interests
Total equity Liabilities Non-current liabilities Financial liabilities (i) Borrowings (ii) Lease liabilities (iii) Asset retirement obligations
Provisions
Total non-current liabilities Current liabilities
Financial liabilities (i) Borrowings (ii) Lease liabilities (iii) Trade payables a) Total outstanding dues to micro and small enterprises b) Total outstanding of creditors other than micro and small enterprises (iv) Other financial liabilities
Other current liabilities Provisions Current tax liabilities (net)
Total current liabilities Total liabilities Total equity and liabilities
FY2025
FY2024
114 4,529 4,643 112 4,755
7 1,633 53 12 1,705
16 235
31
313
65 277 34 18 989 2,694 7,449
103 2,367 2,470 111 2,581
9 1,554 49 9 1,621
262 218
34
465
172 248 25 16 1,440 3,061 5,642
Rs. Million
Assets
Non-current assets
Property, plant and equipment
Capital work-in-progress
Goodwill on consolidation
Right of use assets
Intangible assets
Intangible assets under development
Financial assets
(i) Other financial assets
Deferred tax assets (net)
Current tax assets (net)
Other non-current assets
Total non-current assets
Current assets
Inventories
Financial assets
(i) Trade receivables
(ii) Cash and cash equivalents
(iii) Bank balances other than (ii) above
(iv) Other financial assets
Other current assets
Total current assets
Total assets
FY2025
FY2024
893
376
26
1,603
53
9
919
192
41
26
840
382
26
1,557
43
16
143
128
33
24
4,138
3,192
1,404
1,422
240
477
924
130
136
3,311
7,449
257
71
455
22
223
2,450
5,642
11
EFFICIENT BUSINESS MODEL WITH TRACK RECORD OF DELIVERING FINANCIAL GROWTH
REVENUE (Rs. Mn)
GROSS PROFIT (Rs. Mn) / Margin (%)
EBITDA (Rs. Mn) / Margin (%)
2,922
1,958
21.5%
4,190
4,325
4,262
50.2%
50.7%
51.2%
53.9%
56.3%
15.2%
20.2%
19.7%
19.6%
19.2%
25.0%
2,147
2,333
2,400
28.7%
827
849
818
1,482
982
590
298
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
PAT (Rs. Mn) / Margin (%)
RoE, RoCE (%)
1.0%
7.9%
8.3%
6.7%
6.8%
RoE (%)
ROCE (%)
97.3%
350
232
291
292
16.3%
16.6%
11.8%
12.9%
12.1%
10.3%
7.9%
5.7%
5.5%
1.0%
19
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
Note: Gross Profit is calculated as revenues from operations less the cost of goods sold. Cost of goods sold is the sum of cost of materials consumed, purchases of stock-in-trade and increase/ decrease in inventories; Gross Margin is calculated as gross profit divided by revenues from operations. EBITDA is calculated as restated profit for the year, plus total tax expenses, finance costs and depreciation and amortization expense less other income; EBITDA Margin is calculated as EBITDA as a percentage of revenue from operations. Return on Capital Employed (%) is calculated as earnings before interest and tax (“EBIT”) divided by Capital Employed. EBIT is calculated as restated profit for the year plus total tax expense plus finance costs and Capital Employed is calculated as the sum of total equity, current borrowings, non-current borrowings, current lease liabilities, non-current lease liabilities and as reduced by goodwill on consolidation, intangible assets and intangible assets under development. Return on Equity (%) is calculated as restated profit after tax divided by average shareholder’s equity.
12
ABOUT STANLEY LIFESTYLES
13
STANLEY GROWTH JOURNEY
Incorporated as a partnership firm in the name of ‘Stanley Seating’
Opened first retail store under the “Stanley Boutique” format in Bengaluru, Karnataka, Opened first FOFO store in Kochi, Kerala
Incorporation of a subsidiary ‘SDPL’ through a joint venture agreement. Opened first COCO store in Hyderabad
Opened its first store under ‘Sofas & More by Stanley’ format
Store count increased to 25 stores
Store count of the Company increased to more than 50 stores
Store count crossed 68 with 9 new stores in FY252
2007
2008
2011
2012
2018
2019
2019
2019
2021
2022
2023
2024
2025
‘Stanley Seating’ was converted from a partnership firm to a private limited company in the name of ‘Stanley Lifestyles Limited’
Opened first store in Chennai, Tamil Nadu. Opened first COCO store in Bengaluru, Karnataka
Raised funding from Oman India Joint Investment Fund II
Opened the first store under ‘Stanley Level Next’ format to offer luxury products
68 stores1
Significantly expanded our network of stores Stanley Level Next | Stanley Boutique | Sofas & More
Opened first COCO store in Delhi
Listed on BSE and NSE
2 Manufacturing Facilities
Developed a vertically integrated model that gives us control over our processes | 3 lakh+ sq. ft. of manufacturing area
Note: FOFO - Franchisee Owned and Franchisee Operated Stores, COCO - Company Owned and Company Operated Stores 1. 2.
As of March 31, 2025, includes one Stanley Personnel Store 8 Stores were closed in FY2025 including 2 D8 Stores
14
STANLEY BUSINESS SEGMENTS
• Manu-Retail – Omni-channel
• COCO/ FOFO
• Manu-Retail – Omni-channel
• COCO/ FOFO
• Manu-Retail – Omni-channel
• COCO/ FOFO
Ultra Luxury
Luxury
Super Premium
Contract Manufacturing
• Manufacturing for various
multinational home furnishing players
Premium, Masstige and Mass
Source: Redseer Report Note: Manu-Retail – Manufacturing-Retail Model. Ultra-luxury: > Rs. 5 lakhs, Luxury: Rs. 3 – 5 lakhs, Super-Premium: Rs. 1.5 – 3 lakhs, Premium: Rs. 0.7 – 1.5 lakhs, Masstige: Rs. 0.3 – 0.7 lakhs, Mass: < Rs. 0.3 lakhs
15
COMPREHENSIVE PROVIDER OF HOME SOLUTIONS
Industry Price Point2
Ultra-Luxury (Home Solutions) (Rs. 0.50 Mn and above)
Luxury (Rs. 0.30 Mn – Rs. 0.50 Mn)
Super Premium (Rs. 0.15 Mn – Rs. 0.30 Mn)
Presence
Stores
Products
• Kitchen • Wardrobe • Sofa • Recliner • Dining Set • Centre Table • Side Table • Console • Bed and Mattress
• Sofa • Recliner • Dining Set • Centre Table • Side Table • Console • Bed and Mattress
• Sofa • Recliner • Dining Set • Centre Table • Side Table • Console • Bed and Mattress
Number of Stores1
Average Store Size (Sq. Ft.),3
11
11,121
16
5,451
40
6,379
Source: Redseer Report 1. 2. 3.
Data as of March 31, 2025, excludes one Stanley Personnel Store Industry price point and brand presence is segmented basis price of Sofa (3+2) and number of SKUs in each price range The average store size is an average size of the total number of stores as at March 31, 2025 corresponding to each store format. Average store size excludes the area of the hybrid store located at Hosur Road, Bengaluru, Karnataka which houses Stanley Level Next spread across 63,165 square feet and Sofas & More by Stanley spread across 11,000 square feet and one Stanley Living Store in Airport Road, Bengaluru which houses Stanley Level Next spread across 27,000 square feet and Sofas & More by Stanley spread across 9,000 square feet
16
STANLEY LEVEL NEXT
Stanley Level Next targets customers in the ultra luxury home solution price points
Locations
Bengaluru (4)
Ahmedabad
Cochin
Coimbatore
Hyderabad
Mumbai
New Delhi
Pune
Products
Kitchen
Wardrobe
Sofa
Recliners
Dining Set
Centre Table
Side Table
Console
Beds &
Mattress
No. of Stores 11
Positioning Ultra Luxury
Ticket Size Rs. 0.5 Mn and above
Avg. Sq. ft 11,121
17
STANLEY LEVEL NEXT
18
STANLEY BOUTIQUE
Stanley Boutique targets customers in the luxury category price points
Bengaluru (4)
Chennai (3)
Hyderabad (2)
Kolkata (2)
Locations
Mumbai (3)
New Delhi
Products
Pune
Sofa
Recliner
Dining Set
Centre Table
Side Table
Console
Beds &
Mattress
No. of Stores 16
Positioning Luxury
Ticket Size Rs. 0.30 – 0.50 Mn
Avg. Sq. ft 5,451
19
STANLEY BOUTIQUE
20
SOFAS & MORE
Sofas & More by Stanley targets customers in the super premium price points Locations
Ahmedabad Bengaluru (15) Bhiwandi Calicut Cochin (2)
Coimbatore Guntur Hyderabad (3) Lucknow Madurai Pune
Products
Mysore Nellore New Delhi Raipur Salem Chennai (2)
Tirunelveli Tirupati Trivandrum Vijayawada Vizag
No. of Stores 40
Positioning Super Premium
Ticket Size Rs. 0.15 – 0.30 Mn
Avg. Sq. ft 6,379
Sofa
Recliner
Dining Set
Centre Table
Side Table
Console
Beds &
Mattress
21
SOFAS & MORE
22
PAN INDIA RETAIL PRESENCE
Karnataka
Tamil Nadu
Maharashtra
Telangana
New Delhi
Other Cities
4
1
2
1
1
2
4
3
4
2
1
2
Total
11
16
1.
Data as of March 31, 2025, excludes one Stanley Personnel Store
Total
COCO
Franchise
16
6
2
3
1
12
40
24
10
8
6
3
16
67
23
5
6
6
3
-
43
1
5
2
-
-
16
24
23
MANUFACTURING PLANTS
Electronic City
Jigani
Area (sq. ft.)
1,97,643
1,03,243
Products
• Seating and Beds • Kitchen & Cabinetry • Cased Goods • Mattress & Pillow • Automotive (OEM)
• Seating
Installed Capacity1
1,63,200
1,44,000
Brands
• Level Next • Boutique • Sofas & More
• Sofa & More • Contract
Manufacturing
Employees
670
330
1) Installed Capacity in numbers / set of components
24
KEY COMPETITIVE STRENGTHS
1
2
3
4
5
6
7
Largest and the
Comprehensive
Pan-India
Focus on design-led
Vertically integrated
Efficient business
Promoter-led
fastest growing
home solutions
presence with
product innovation
manufacturer with
model with track
company with
brand in the
luxury/super-
provider with
strategically
offerings across
located stores
skilled craftmanship
record of delivering
experienced
capabilities
financial growth
professional and
premium furniture
categories and
segment
price points
senior management
team
25
COMPREHENSIVE HOME SOLUTIONS PROVIDER WITH OFFERINGS ACROSS CATEGORIES AND PRICE POINTS
Seating
Kitchen and Cabinetry
Case Goods
Sofas
Recliners
Kitchens
Wardrobes
Coffee Tables
Dining Tables
Sofa-cum-Beds
Bar Stools
Dining Chairs
Bar Units
Laundry/ Utility
Consoles
End Tables
Mattresses and Beds
Shoe Racks
Bedside Tables
Beds
Mattresses
Pouffes
Cushions
Prayer Units
Pillows and Accessories
26
COMPANY STRATEGIES
1
2
3
4
5
6
Continue to expand our retail presence within India and abroad by
leveraging the “Stanley” brand appeal
Continue to increase brand awareness
To evaluate and increase our presence in the B2B
segment as well as enter into distribution arrangements
Further expand our product portfolio
To enter and expand into additional segments
Leverage technology to enhance customer experience and grow our operations
STANLEY
MAKERS OF BEAUTIFUL
27
BOARD OF DIRECTORS
Building and scaling luxury brands in India is a challenging task, but our Promoters have successfully achieved it over the last two decades
Sunil Suresh Managing Director
Girish Shrikrishna Nadkarni, Independent Director
• Has over 16 years of experience
• Has been associated with our Company as a
Promoter and a Director since October 11, 2007
• Holds a Bachelor’s degree in Commerce from the University of Mumbai and has cleared the examination held
by the Institute of Cost Accountant of India
• Holds a Post Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad
• Currently serving as a Director on the board of Clair Advisors Private Limited
Shubha Sunil Whole Time Director
• Has been associated with our Company as a
Promoter and Director since October 11, 2007
• Cleared the Bachelor’s of Science examination
held by Bangalore University, Karnataka
• Holds a Certificate of completion of the
INSEAD Leadership Programme for Senior
Executives from INSEAD
Ramanujam Venkat Raghavan, Independent Director
• Has over 18 years of experience
• Cleared the Bachelor’s of Commerce examination held by Bangalore University
• Currently working with Shahi Exports Private Limited as the Chief Executive Officer and Director
Anusha Shetty, Independent Director
• Has over 17 years of experience
• Holds a Post Graduate Diploma in Management from T. A. Pai Management Institute, Manipal
• Currently working with Grey Group India as Chairperson and Group Chief Executive Officer
28
DISCLAIMER
This presentation contains statements that are “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to “Stanley Lifestyles” future business developments and economic performance. While these forward-looking statements indicate our assessment and future expectations concerning the development of our business, a number of risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations.
These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance.
Stanley Lifestyles undertakes no obligation to publicly revise any forward-looking statements to reflect future / likely events or circumstances.
29
Thank You
Registered Office SY No. 16/2 and 16/3 Part, Hosur Road, Veerasandra village, Attibele Hobli, Anekal Taluk, Bengaluru, Karnataka - 560100
For further information, please contact:
Pradeep Mishra Chief Financial Officer pradeep.mishra@stanleylifestyles.com
Abhishek Dakoria / Rajiv Pandya stanley@churchgatepartners.com +91 22 6169 5988