Furlenco – FY26 Revenue Crosses ₹370 Cr, Profit Jumps 19X

Expert Analysis:

• Furlenco reported FY26 revenue of ₹370.43 crore, up from ₹228.74 crore in FY25, while profit surged 19.1X to ₹59.52 crore from ₹3.11 crore.

• Rental services remained the core growth engine, contributing 92% of operating revenue. Rental income grew 64% to ₹341.07 crore, while product sales rose 38% to ₹29.36 crore.

• Profitability improved sharply, with EBITDA nearly doubling to ₹129.5 crore and ROCE rising to 13.17% from 5.37%. Furlenco also spent ₹0.93 to generate every ₹1 of operating revenue, improving from ₹1.03 in FY25.

• The balance sheet also strengthened, with cash and bank balances more than doubling to ₹75 crore, while current assets rose nearly 68% to ₹178 crore.