Mukul Agrawal has added 1.58% of Stanley Lifestyles to his portfolio

Mukul Agrawal has invested ₹46 crore in buying 9,00,000 equity shares of Stanley Lifestyles to his portfolio. The investment represents 1.58% of the paid up capital of the Company.

Stanley Lifestyles is a small-cap company with a market capitalisation of about ₹2500 crore. It is engaged in manufacture of premium and luxury furniture like sofas etc.

The IPO of Stanley Lifestyles was in June 2024. The offer price was ₹369 and the stock listed at Rs 499.

According to data available in the prospectus at BSE India, between FY21 and FY23, Stanley Lifestyles reported impressive growth, with a 46 per cent compound annual growth rate (CAGR) in revenue and a 67 per cent CAGR in Ebitda The company expects organic growth of 25-30 per cent over the medium term. Over the years, the company has evolved its product offerings, achieving significant scale and maintaining high profitability across the mass, luxury, and ultra-luxury segments.

Experts say the Company will benefit from factors such as improved lifestyles, a growing number of households, and the trend of second homes will continue to drive growth. The management is committed to expanding market share and increasing its customer base in the coming years.

Mukul Agrawal has a highly diversified portfolio with more than 4o stocks in it. The portfolio is worth in excess of ₹6000 Cr as of date.