WoodenStreet's Furniture Retailer & Financial Performance Overview

WoodenStreet Overview:

Leading furniture retailer with 95+ stores and 350+ delivery centers, offering elegant, sustainable furnishings.

Financial Growth:

Witnessed a 48.1% revenue surge to Rs 194 crore in FY23, driven by strong sales performance.

Product Portfolio:

Offers a diverse range of furniture, decor, lighting, and kitchen essentials catering to varied tastes.

Cost Breakdown:

Furniture expenses rose by 46.4% to Rs 123 crore in FY23, reflecting business expansion.

Operational Costs:

Total expenses reached Rs 196 crore, covering team, rent, advertising, and administrative costs.

Asset Position:

Boasts Rs 126 crore in current assets, including substantial cash reserves and bank balances.

Enterprise Value:

Exhibits a commendable enterprise value-to-revenue ratio of 6X, reflecting financial strength.

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