Results · Commerce & Consumer Brands

Furlenco reports 19.1X profit growth in fiscal 2026

By Startup Enthusiast · 28 August 2026

What they do

Furlenco provides furniture and home decor on rent alongside relocation services and direct product sales across 33 Indian cities

The company reported a profit of Rs 59.52 crore on operating revenue of Rs 370.43 crore for the fiscal year 2026, a 61.9% YoY growth

Financial performance improved significantly with a 19.1X jump in profit compared to the previous year while maintaining a 35% EBITDA margin

Furlenco achieved Rs 370.43 crore in operating revenue for FY26, marking a 61.9% increase from Rs 228.74 crore in FY25.
The company recorded a net profit of Rs 59.52 crore, representing a 19.1X growth over the Rs 3.11 crore profit reported in the prior year.
Total income for the period reached Rs 375.42 crore, while total expenses rose by 45.1% to Rs 343.85 crore.
The firm achieved an EBITDA (earnings before interest, taxes, depreciation, and amortization) of Rs 129.5 crore with a margin of 35.01%.
Cash and bank balances increased to Rs 75 crore by the end of FY26, up from Rs 32 crore in the previous year.

Operating revenue grew 2.6X over a two-year period, rising from Rs 140 crore in FY24 to Rs 370 crore in FY26.
Sheela Foam holds a 35% stake in the company, a strategic investment made prior to these results.
The company improved its ROCE (return on capital employed) to 13.17% from 5.37% in the previous fiscal year.

Furlenco offers furniture and home decor rental services to customers in 33 cities across India.
The company also provides relocation services and generates revenue through direct furniture sales.
Furniture rental services accounted for 92% of the total operating revenue, totaling Rs 341.07 crore.
Product sales contributed Rs 29.36 crore to the total revenue, reflecting a 38% year-on-year growth.
The company operates in major cities including Bengaluru, Mumbai, Delhi, Hyderabad, and Chennai.

Product: in furniture maker
Customers: Urban consumers and households looking for rented or purchased furniture
How it makes money: Runs a subscription-led furniture and appliance rental platform and also sells furniture
What sets it apart: Subscription-driven model with omnichannel operations and a broad city footprint