Stanley Lifestyles Ltd — earnings calls

Stanley Lifestyles reported flat financial performance over the last few quarters, attributing this to store expansion costs, new stores yet to mature, and a decline in B2B demand from mid-Q4 FY26 due to disruptions in the Middle East. Gross margin expanded by 151 bps year-on-year to 57.5% in FY26, and the company closed the year with a highest-ever order book of approximately Rs 62 crores and cash reserves of nearly Rs 200 crores. Management also announced a board-approved merger of subsidiaries into the single listed entity and highlighted the opening of 11 new stores and closure of three underperforming ones during the year.