# Furlenco nears Rs 400 Cr revenue in FY26, profit jumps 19X — retained record

> Retained news record from news:india-entrackr.

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source: [news](https://highsignal.app/data/news) (news:india-entrackr)  published 2026-08-28 07:36 ingested 2026-08-28 14:44

[original source ↗](https://entrackr.com/fintrackr/furlenco-nears-rs-400-cr-revenue-in-fy26-profit-jumps-19x-12447164)

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Since Sheela Foam picked up a 35% stake in Furlenco, the furniture rental company’s revenue from operations has grown 2.6X in two years, rising from Rs 140 crore in FY24 to Rs 370 crore in FY26. Furlenco has also remained profitable, posting a profit of around Rs 60 crore in FY26.
The Bengaluru-based company’s revenue from operations increased to Rs 370.43 crore in FY26 from Rs 228.74 crore in FY25, according to its consolidated financial statements reviewed by Entrackr.
Furlenco provides furniture and home decor for rent along with relocation services. Income from furniture rental services accounted for 92% of the operating revneue which increased 64% to Rs 341.07 crore. While the sale sale of products grew 38% to Rs 29.36 crore in the said period.
Furlenco also reported Rs 4.99 crore in other income, taking its total income to Rs 375.42 crore in FY26 from Rs 240.05 crore in FY25.
On the cost front, depreciation and finance costs rose sharply by 57.5% and 75.6%, respectively. Employee expenses increased 17.1% to Rs 36.18 crore, while material costs nearly 3X jumped to Rs 27.01 crore during the previous fiscal year ended March 2026.
The company did not provide a detailed breakup of other expenses, which rose 34.4% to Rs 181.04 crore in FY26 from Rs 134.7 crore in FY25. The financial statements classify these expenses as miscellaneous expenses. Overall, Furlenco’s total expenses grew 45.1% to Rs 343.85 crore in FY26 from Rs 236.94 crore in FY25.
With revenue growth outpacing the rise in expenses, Furlenco’s profit surged 19.1X to Rs 59.52 crore in FY26 from Rs 3.11 crore in FY25. Its EBITDA also nearly doubled to Rs 129.5 crore, pushing the EBITDA margin to 35.01%. Meanwhile, ROCE improved to 13.17% from 5.37%.
On a unit basis, Furlenco spent Rs 0.93 to earn every rupee of operating revenue, improving from Rs 1.03 in FY25. Its cash and bank balances more than doubled to Rs 75 crore from Rs 32 crore, while total current assets increased 67.9% to Rs 178 crore in FY26.
Furlenco competes with Rentomojo in the furniture and home appliance rental market. Rentomojo recently received SEBI’s observations for its proposed IPO, which comprises a Rs 150 crore fresh issue and an offer for sale of up to 28.4 million shares. The company reported Rs 265.96 crore in revenue and Rs 43.11 crore in profit in FY25.
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