Synopsis:
Interiors & More Limited’s board approves the issue of bonus shares at a 1:1 ratio, giving shareholders one new share for each existing share, doubling their total holdings.
This Micro-cap Stock, engaged in manufacturing, trading, and importing artificial flowers, plants, and décor items for events, homes, offices, and hospitality sectors, is in focus after the company board approves a 1:1 bonus share issue.
With a market capitalization of Rs. 465.19 crore, the shares of Interiors & More Limited were currently trading at Rs. 665 per equity share, down nearly 0.30 percent from its previous day’s close price of Rs. 667.
What is the News?
Interiors & More Limited’s Board of Directors has decided to issue bonus shares at a ratio of 1:1, meaning that shareholders will receive one new fully paid-up equity share of Rs. 10 each for every one existing fully paid-up equity share they hold.
For example, if a shareholder owns 100 shares of Interiors & More Limited, they will receive 100 bonus shares, bringing their total holding to 200 shares after the 1:1 bonus issue.
Company Overview
Interiors & More Limited was incorporated on July 30, 2012, and is headquartered in Mumbai, India. The company is primarily engaged in the manufacturing, trading, and importing of artificial flowers, plants, and various home and office décor items.
The company offers over 8,650 SKUs and 4,320 products, catering to more than 11,050 clients across various industries. The company caters to diverse customer needs, including weddings, corporate events, and home decoration, with a wide product portfolio that includes artificial flowers like roses, marigolds, and orchids, as well as décor essentials such as chandeliers, vases, furniture, and lighting.
Interiors & More Limited’s operations encompass both in-house manufacturing and extensive sourcing of raw materials from domestic and international markets, notably countries like China and India, enabling it to maintain a competitive edge in quality and variety.
The company operates more than 3,91,000 sq. ft. facility. Interiors & More Limited is known for its strong focus on quality and design innovation, achieving an impressive 80 percent repeat customer rate.
Recent quarter results
Coming into financial highlights, Interiors & More Limited’s revenue has increased from Rs. 27 crore in H2 FY24 to Rs. 41 crore in H2 FY25, which has grown by 51.85 percent. The net profit has also grown by 60 percent from Rs. 5 crore in H2 FY24 to Rs. 8 crore in H2 FY25.
In terms of return ratios, the company’s ROCE and ROE stand at 21.7 percent and 19.6 percent, respectively. Interiors & More Limited has an earnings per share (EPS) of Rs. 17.1, and its debt-to-equity ratio is 0.45x.
Written By – Nikhil Naik
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