INM
Interiors financials
- Market cap
- ₹218 Cr
- Sector
- Consumer Durables
- Calls analysed
- 1
Interiors Q4 FY25
What went well
- Revenue for FY25 reached ₹59 crores, an 84.375% increase from ₹32 crores last year.
- PAT for FY25 grew 50% to ₹12 crores, up from ₹8 crores last year.
- Gross margins are maintained around 50%, with EBITDA margins around 28%, supported by in-house production.
What to watch
- PAT percentage slightly declined to 20.24% in FY25 from 24.8% last year due to aggressive growth and margin sharing.
- Working capital remains elevated, leading to negative cash flow in recent years, though management is working on improvement.
What Interiors does
Interiors & More manufactures and trades artificial flowers, plants, greens and other wedding, event, home and office décor items (vases, props, lighting, furniture) at its own facility in Umbergaon, Gujarat, sourcing raw materials from both domestic and international markets. It sells through a network of dealers, distributors, event managers and decorators, its own and franchised showrooms, and e-commerce marketplaces (IndiaMART, Meesho, Myntra, Tata Cliq), catering to both wholesale (B2B) and retail (B2C) customers. The company also exports and operates a showroom/logistics hub in Dubai and Sharjah (UAE) serving Middle East and African markets.
Segments
- B2B / Wholesale
- B2C / Retail
- Manufactured products
- Traded products
- Exports
- Manufacturing facility
- Self-owned facility at Umbergaon, Gujarat, ~2,00,000 sq. ft.
- Installed capacity
- Moulding products 1,062.5 Mn pcs/yr; artificial flowers 23.6 Mn pcs/yr
- Capacity utilization
- Moulding 87.4%; artificial flowers 92.6%
- Product range
- 9,082+ SKUs across 4,536+ products
- Retail & franchise footprint
- Showrooms/outlets in Mumbai, Pune, Delhi, Jaipur, Hyderabad, Kolkata (India) and Dubai & Sharjah (UAE)
- Total operational premises
- ~3,41,850 sq. ft. across manufacturing, warehousing and showrooms
Guidance record · Q4 FY25
what the last two calls moved 7 tracked 0 delivered 0 missed 7 open- Revenue Growth open said Q4 FY25 Promised: 35% to 40% kind of growth Q4 FY25: Management confirmed 35-40% top-line growth expectation.
All 7 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q4 FY26: revenue up 125.9%, net profit up 100.0% against the same quarter last year.
| Line item | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 6 | 27 | 18 | 41 | 22 +267% | 61 +126% |
| EBITDA | 3 | 9 | 6 | 12 | 6 +100% | 16 +78% |
| Net profit | 2 | 5 | 4 | 8 | 3 +50% | 10 +100% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −72.7% 1Y
1Y: ₹604.6 on 10 Sept 2025 → ₹164.95. High ₹667 (20 Oct 2025), low ₹148 (3 Sept 2026).
Balance sheet
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Equity capital | ₹2 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr |
| Reserves | ₹8 Cr | ₹48 Cr | ₹63 Cr | ₹73 Cr |
| Borrowings | ₹14 Cr | ₹1 Cr | ₹50 Cr | ₹56 Cr |
| Other liabilities | ₹7 Cr | ₹9 Cr | ₹14 Cr | ₹15 Cr |
| Total liabilities | ₹31 Cr | ₹66 Cr | ₹134 Cr | ₹152 Cr |
| Fixed assets | ₹3 Cr | ₹5 Cr | ₹19 Cr | ₹21 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹19 Cr | ₹30 Cr |
| Investments | ₹0 Cr | ₹10 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹28 Cr | ₹51 Cr | ₹96 Cr | ₹100 Cr |
| Total assets | ₹31 Cr | ₹66 Cr | ₹134 Cr | ₹152 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
Since Mar 2025, the public added +4.37 pp while FIIs trimmed −3.59 pp. The shareholder count grew 21% to 372.
- Promoters
- 69.5%
- FIIs
- 4.4%
- Public
- 26.1%
Since Mar 2025
- Public +4.37 pp
- FIIs −3.59 pp
- Promoters −0.79 pp
How it drifted, 7 quarters
Over this window the public went from 21.5% to 26.1% — +4.7 pp.
Ownership split by quarter, oldest first. Mar '24: Promoters 69.9%, FIIs 8.6%, Public 21.5%.Jun '24: Promoters 69.9%, FIIs 7.8%, Public 22.3%.Sep '24: Promoters 69.9%, FIIs 8.7%, Public 21.4%.Mar '25: Promoters 70.3%, FIIs 8.0%, Public 21.8%.Sep '25: Promoters 68.5%, FIIs 5.3%, Public 26.2%.Dec '25: Promoters 69.3%, FIIs 4.9%, Public 25.8%.Mar '26: Promoters 69.5%, FIIs 4.4%, Public 26.1%.
Who bought this quarter
since Dec 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- L7 Hitech Private Limited newly disclosed 1.02% held
- Garima Singhal +0.31 pp 0.56% held
- Zyana Stocks and Commodities (Held on behalf of the firm by its partner(s)) newly disclosed 0.12% held
- Manoj Kumar Tibrewal +0.08 pp 0.51% held
The same filing shows 3 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Interiors above SEBI's 1% disclosure line, and what changed since Dec 2025.
| Holder | Stake | Change |
|---|---|---|
| Manish Mohan Tibrewal | 24.69% | unchanged |
| Puja Jhunjhunwala | 10.19% | unchanged |
| Reena Jhunjhunwala | 10.19% | unchanged |
| Rahul Jhunjhunwala | 9.86% | unchanged |
| Ekta Tibrewal | 7.33% | −0.31 pp |
| Rajiv Jhunjhunwala | 4.29% | unchanged |
| Meru Investment Fund Pcc-Cell 1 FPI fund | 2.71% | unchanged |
| Saint Capital Fund FPI fund | 1.60% | −0.52 pp |
| Saharsh Vincom Private Limited | 1.50% | unchanged |
| Kishan Kumar | 1.36% | unchanged |
| Biswanath Infrastructure Llp | 1.33% | unchanged |
| Udit Todi | 1.14% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Interiors
Guides on how to read this kind of business and the numbers that matter.