Stanley Lifestyles Ltd — Q1 FY27 earnings call
Summary generated by AI from the official transcript Stanley Lifestyles Ltd filed with BSE on 19 Aug 2026. Every statement cites a verbatim quote from that document — open any citation to read it. This is a record of what management said, not a recommendation. How we check these summaries
The short read
Stanley Lifestyles reported Q1 FY27 revenue of INR 9,935 lakhs, down from INR 10,861 lakhs a year earlier, which management attributed to Middle East freight disruptions affecting the B2B business and delayed residential handovers slowing retail conversions. EBITDA came in at INR 1,722 lakhs with a margin of 17.3%, and PAT was INR 65 lakhs for the quarter. Management also discussed store network changes, entry into Sri Lanka and Jaipur, a proposed amalgamation of subsidiaries, and a fraudulent activity finding involving the company secretary that is under investigation.
Numbers mentioned
Revenue from operations: INR 9,935 lakhs (Q1 FY27)
p. 4
“The revenue from the operations was at INR 9,935 lakhs in Q1FY27, down from INR 10,861 lakhs in Q1 FY'26.”
Venkataramana Gorti, page 4 of the filed PDF · View the filing
EBITDA: INR 1,722 lakhs (Q1 FY27)
p. 4
“This disciplined approach resulted in an EBITDA of INR 1,722 lakhs with a margin of 17.3%.”
Venkataramana Gorti, page 4 of the filed PDF · View the filing
PAT: INR 65 lakhs (Q1 FY27)
p. 4
“PAT was at INR 65 lakhs in Q1 FY27.”
Venkataramana Gorti, page 4 of the filed PDF · View the filing
Manufacturing capacity utilization: 68% to 70%
p. 6
“our manufacturing capacity is currently at about 68% to 70%.”
Sunil Suresh, page 6 of the filed PDF · View the filing
Pre-Ind AS gross margin: 56% to 60%
p. 7
“our pre-Ind AS gross margin will be around hovering around 56% to 60%.”
Sudhir Iyer, page 7 of the filed PDF · View the filing
Pre-Ind AS EBITDA margin: 11%-13%
p. 7
“I'm talking about the gross margin and you wanted the EBITDA margin it is hovering around 11%-13%.”
Sudhir Iyer, page 7 of the filed PDF · View the filing
Corporate cost: INR 90 lakhs per month
p. 8
“Corporate cost. See it's roughly about INR 90 lakhs per month.”
Sudhir Iyer, page 8 of the filed PDF · View the filing
Rent expense as % of revenue: 10% (Q1 FY27)
p. 9
“Yes, 10% revenue is the rent expense for Q1 FY27”
Sunil Suresh, page 9 of the filed PDF · View the filing
Order book: INR 68 crores (as on 30 June 2026)
p. 12
“INR 68 crores.”
Sudhir Iyer, page 12 of the filed PDF · View the filing
EBITDA positive stores: 35 stores
p. 15
“35 stores are EBITDA positive.”
Sunil Suresh, page 15 of the filed PDF · View the filing
What management said it would do
A record of statements made on the call, in the words management used. Parakho does not forecast, endorse or assess them, and their presence here is not a view on whether they will happen.
Same-store sales growth — 15% to 20%
stated as an aspiration by Sunil Suresh
p. 12
“a matured store, if we are growing at about 15% to 20% year-on-year, we should be very happy, and that is what we are targeting.”
Sunil Suresh, page 12 of the filed PDF · View the filing
Brand architecture consolidation — 3 to 4 quarters
stated conditionally by Sunil Suresh
p. 6
“We hope that it should be completed in about 3 to 4 quarters from now.”
Sunil Suresh, page 6 of the filed PDF · View the filing
Store EBITDA breakeven timeline — 6 to 12 months · 6 to 12 months
stated firmly by Sunil Suresh
p. 16
“EBITDA positive should happen between 6 months and 12 months, and our ROI should happen between 24 to 36 months.”
Sunil Suresh, page 16 of the filed PDF · View the filing
Superlative Living / large format consolidation across metros — 2 to 3 years
stated as an aspiration by Sunil Suresh
p. 13
“It's going to take at least about 2 to 3 years by the time we execute this.”
Sunil Suresh, page 13 of the filed PDF · View the filing
B2B growth
stated conditionally by Sunil Suresh
p. 6
“We are hoping that once we get the logistics moving, we should definitely have a much better quarter ahead.”
Sunil Suresh, page 6 of the filed PDF · View the filing
Q&A highlights
Management's answers to analyst questions, in Parakho's words rather than a transcript. Each row names who answered and carries the verbatim quote it was drawn from.
Management said the higher depreciation is due to Ind AS front-loading, not IGAAP, and manufacturing utilization stands at 68-70%.
Answered by Sudhir Iyer
Asked by Saket Kapoor: What explains the high quarterly depreciation and what is the utilization level ahead of the merger of subsidiaries?
p. 5
“Purely, I can tell you in nutshell, it's because of Ind AS impact, not on the IGAAP.”
Sudhir Iyer, page 5 of the filed PDF · View the filing
Management gave pre-Ind AS gross margin of 56-60% and EBITDA margin of 11-13% across all three formats combined.
Answered by Sudhir Iyer
Asked by Ashish: Can the company disclose pre-Ind AS store-level operating margins by format?
p. 7
“So if I wanted to average it out, our pre-Ind AS gross margin will be around hovering around 56% to 60%.”
Sudhir Iyer, page 7 of the filed PDF · View the filing
Management said exports are currently a small part of the business, with Sri Lanka being the first international opportunity.
Answered by Venkataramana Gorti
Asked by Nishant Sahu: What was export revenue in FY26 and Q1 FY27, and is exports a business being scaled?
p. 10
“Sorry, we don't have big percentage of exports as yet. it's domestic market works mainly.”
Venkataramana Gorti, page 10 of the filed PDF · View the filing
Management confirmed a fraudulent activity was found during the Q1 audit involving the company secretary and that an investigation is ongoing.
Answered by Sudhir Iyer
Asked by Nishant Sahu: Can management clarify the misappropriation of funds by the company secretary?
p. 10
“So we found that in the Q1 audit on the internal controls, so we found some fraudulent activity has been done by the company secretary, and the investigation is going on, and we will let you know to the public in short while once we complete the investigations.”
Sudhir Iyer, page 10 of the filed PDF · View the filing
Management confirmed the order book increased to INR 68 crores from INR 62 crores in March 2026.
Answered by Arvind Arora
Asked by Arvind Arora: What is the current order book as of June 30, 2026?
p. 12
“Okay. So in presentation, we have mentioned INR 62 crores as on March '26. And as of now, it's INR 68 crores, correct?”
Arvind Arora, page 12 of the filed PDF · View the filing
Management said US tariffs have been the main obstacle despite strong demand interest, though they expect the situation to improve.
Answered by Sunil Suresh
Asked by Manjeet Buaria: Why is the company not pursuing export opportunities given its manufacturing capabilities?
p. 15
“We were also extremely excited about that unless the tariffs were kicked in from America.”
Sunil Suresh, page 15 of the filed PDF · View the filing
Management said 35 out of the stores are EBITDA positive, with a few new stores yet to reach that level.
Answered by Sunil Suresh
Asked by Nishant Sahu: Of the COCO stores, how many are EBITDA positive at the store level?
p. 15
“35 stores are EBITDA positive. Some of them are brand new. One or two, which we are setting are not EBITDA positive, but out of the 42, 35 are EBITDA positive.”
Sunil Suresh, page 15 of the filed PDF · View the filing
Risks flagged
Middle East war disrupting freight movement and B2B logistics
p. 4
“It faced challenges with respect to the Middle East war where it was disrupted because of the freight movement issues.”
Venkataramana Gorti, page 4 of the filed PDF · View the filing
Delayed residential project handovers slowing customer conversions
p. 4
“Residential project handovers have been delayed by 12 to 18 months in several cases.”
Venkataramana Gorti, page 4 of the filed PDF · View the filing
Supply chain disruptions in West Asia constraining construction materials
p. 4
“Supply chain disruptions in West Asia have also constrained the availability of construction materials.”
Venkataramana Gorti, page 4 of the filed PDF · View the filing
US tariffs restricting export opportunities
p. 15
“But unfortunately, the tariffs is not helping us right now to the United States.”
Sunil Suresh, page 15 of the filed PDF · View the filing
Unforeseen local infrastructure changes affecting store footfall
p. 9
“So our footfall drastically dropped. So we had to change that. So this is an industry problem or a retail hazard because many times when we go to certain areas, suddenly, there will be like a metro that will come up, which we will not have a visibility before we take the building.”
Sunil Suresh, page 9 of the filed PDF · View the filing
Fraudulent activity found in internal controls audit
p. 10
“we found some fraudulent activity has been done by the company secretary, and the investigation is going on”
Sudhir Iyer, page 10 of the filed PDF · View the filing
Generated by claude-sonnet-5. Source: the transcript as filed with BSE. We link to the exchange's copy; we do not host transcripts. Parakho is a data and screening tool, not an investment adviser — nothing here is a recommendation to buy, sell or hold.