Unlisted Shares
House of Kieraya Limited (Furlenco)
House of Kieraya Limited (Furlenco) (Unlisted)
Verified Unlisted CompanyOff-market Transfer · NSDL / CDSL
About House of Kieraya Limited (Furlenco)
For more than a decade, Furlenco has played in a tricky corner of the consumer economy—renting furniture to customers in India. House of Kieraya Limited operates as a furniture rental platform serving residential and commercial segments.
Share Details
| company Name | House of Kieraya Limited (Furlenco) (Unlisted) |
| indicative Unlisted Share Price | ₹23 |
| market Capitalization | ₹1390 Crore |
| lot Size | 500 |
| 52 Week High | ₹182 |
| 52 Week Low | ₹182 |
| face Value | ₹1 |
| book Value | 11.05 |
| pe Ratio | 466.67 |
| pb Ratio | 16.47 |
| debt To Equity | 1.6 |
| return On Equity | Not Available |
| total Outstanding Shares | 76377014 |
| isin | Not Available |
| depository | NSDL & CDSL |
| pan | AABCK7357H |
| cin | U31000KA2013PLC068617 |
| rta | KFin Technologies |
Income Statement (Profit & Loss) (₹ in Crore)
| Particulars | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 129 | 156 | 140 | 229 |
| EBITDA | -100 | -33 | -76 | 55 |
| PBT | -151 | -128 | -130 | 3 |
| Net Profit / Loss (PAT) | -151 | -128 | -130 | 3 |
| EPS | -6.64 | -1.39 | -1.17 | 0.06 |
Key Financial Ratios (Last 3–5 Years)
| Ratio | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Operating Profit Margin (%) | -77.52 | -21.15 | -54.29 | 24.02 |
| Net Profit Margin (%) | -117.05 | -82.05 | -92.86 | 1.31 |
| Earning Per Share (Diluted) | -6.64 | -1.39 | -1.17 | 0.06 |
Financial Annual Report Summary
The company has shown revenue growth with a significant improvement in FY25, turning EBITDA and PAT positive. It is on track for an upcoming IPO.
Why Invest in House of Kieraya
- Turnaround in FY25 with positive PAT of ₹3 Cr.
- Significant reduction in losses compared to previous years.
- Strong revenue growth in FY25.
- Upcoming IPO expected.
Balance Sheet - Assets (₹ in Crore)
| Item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Fixed Assets | 79 | 112 | 188 | 340 |
| CWIP | 5.7 | 11 | 0.5 | 3 |
| Investments | 1 | 1 | 1 | 0 |
| Trade Receivables | 8 | 14 | 7 | 8 |
| Inventory | 3 | 3.5 | 5 | 10 |
| Other Assets | 54.3 | 46.5 | 83.5 | 100 |
| Total Assets | 151 | 188 | 285 | 461 |
Balance Sheet - Liabilities & Equity (₹ in Crore)
| Item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Share Capital | 22.73 | 91.9 | 111 | 50.39 |
| FV | 1 | 1 | 1 | 1 |
| Reserves | -199 | -322 | -136 | 33 |
| Borrowings | 195 | 185 | 79 | 150 |
| Trade Payables | 76 | 25 | 20 | 26 |
| Other Liabilities | 56.27 | 208.1 | 211 | 201.61 |
| Total Liabilities | 151 | 188 | 285 | 461 |
Liabilities Breakdown & Balance Sheet Insights
Balance Sheet Insights
Debt to Equity ratio stands at 1.6. Negative reserves improving in FY25. Heavy investment in Fixed Assets.
Liabilities Breakdown
Debt to Equity ratio of 1.6. Borrowings reduced significantly in FY24.
Additional Insights
Balance sheet shows heavy capex on fixed assets. Reserves turned positive in FY25 projection.
Cash Flow Insights
- Operating cash flow turned positive in FY25.
- High capex on PPE in FY25 (₹208 Cr purchase).
Shareholding Pattern
Recent
Promoter: Not Available
Institutional: Not Available
Public: Not Available
Promoters & Management
Led by Ajith Mohan Karimpana (Managing Director with 26+ years experience).
Key Management
Ajith Mohan Karimpana - Managing Director
26+ Years
Ravindra Dhariwal - Director
Rahul Gautam - Director
Registrar & Transfer Agent (RTA)
Registrar: KFin Technologies
Website: https://www.kfintech.com/
Management Analysis
Focus on furniture rental business expansion in residential and commercial segments.
Frequently Asked Questions About House of Kieraya Limited (Furlenco)
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