Synopsis:
Eleganz Interiors Limited surged after winning a Rs. 36.57 crore domestic contract from a leading IT company for supply, installation, and handover of fit-out services, to be completed by November 2026.
A leading interiors stock gained sharply after announcing a fresh contract win, reflecting optimism around its growing order book and sustained financial momentum.
Eleganz Interiors Limited, with a market capitalization of Rs. 339.11 crore, opened at Rs. 141.50 against its previous close of Rs. 138.10. The stock rallied to an intraday high of Rs. 155.25, marking a gain of 12.4 percent from the previous close.
What’s the News?
The company has received a contract or purchase order worth Rs. 36.57 crore from one of India’s leading IT firms. The order involves the supply, installation, and handover of interior fit-out services, with execution scheduled by November 2026. The project is domestic in nature and adds further strength to the company’s order book.
As of March 2025, the company is present across 12 cities, has completed more than 200 projects spanning 45 lakh square feet, and has over 40 lakh square feet under development across 47 ongoing projects. The order book stood at Rs. 434.86 crore as of December 31, 2024.
Financial Snapshot
For the six months ended March 2025, revenue from operations increased from Rs. 192 crore in September 2024 to Rs. 200 crore in March 2025, reflecting a growth of 4.2 percent. Profit before tax rose from Rs. 13 crore to Rs. 15 crore, up 15.4 percent, while net profit improved from Rs. 10 crore to Rs. 11 crore, a rise of 10 percent.
On the ratios front, ROCE stood at 25.7 percent, ROE at 20.3 percent, and ROA at 10.3 percent. The stock currently trades at a P/E of 15.8, which is significantly lower than the industry P/E of 25.5, indicating the company remains undervalued. On the balance sheet side, borrowings decreased sharply from Rs. 43 crore in FY24 to Rs. 6 crore in FY25, while reserves expanded from Rs. 36 crore to Rs. 130 crore.
Also Read: Power stock with ₹850 Cr revenue guidance in FY27 to keep on your radar
About the Company
Eleganz Interiors Limited, established on April 18, 1996, is a prominent Indian company specializing in professional interior design services. In 2023, the company transitioned into a public limited entity to reinforce its market standing and unlock new growth avenues.
Over the last decade, it has developed a wide client base that ranges from individual consumers to large businesses, with a core focus on the interior design segment. Backed by its strong distribution network, customer-first approach, and a dedicated sales and marketing team, the company continues to enhance its brand equity and market reach across India.
Written By Manan Gangwar
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
