Stanza Living turns profitable in FY25 on the back of Rs 277 Cr other income

Stanza Living, a managed accommodation platform for students and working professionals, turned profitable in the fiscal year ending March 2025, even as it failed to register any growth during the same period. 

Stanza Living’s revenue from operations declined by 6.6% to Rs 545.5 crore in FY25 from Rs 584 crore in FY24, according to its consolidated financial statement sourced from the Registrar of Companies (RoC).

Stanza Living is a managed accommodation platform that provides hassle-free housing solutions for students and young professionals relocating to new cities. Revenue from these services was the sole source of income for the company. Including non-operating income of Rs 278.5 crore, Stanza Living’s total income rose to Rs 824 crore in FY25.

Notably, out of Rs 278.5 crore in the other income segment, the firm booked Rs 277 crore as miscellaneous income in FY25. The details of the aforementioned amount were not provided in the financial statements.

Looking at the expenses, depreciation (related to lease) remained the largest cost centre for the company and declined by 18% to Rs 215 crore in FY25. Finance cost also dropped by 27% to Rs 128 crore, while employee benefit expenses fell sharply by 41% to Rs 85 crore during the year.

Electricity expenses decreased to Rs 46 crore from Rs 56 crore in FY24, while rent expenses rose to Rs 18 crore from Rs 6.5 crore in the previous fiscal year. Overall, Stanza Living’s total expenses declined by 21.5% to Rs 683 crore in FY25 from Rs 870 crore in FY24.

The improvement in cost structure and an undisclosed income of Rs 277 crore helped the company report a profit of Rs 130 crore in FY25 compared to a loss of Rs 273 crore in FY24. Its ROCE and EBITDA margin stood at -2.68% and 35.66%, respectively.

On a unit basis, the company spent Rs 1.25 to earn a rupee during the fiscal year. The firm recorded cash and bank balances of Rs 5 crore, while its current assets stood at Rs 108 crore at the end of FY25.

Stanza Living has raised around $231 million of funding till date, with Peak XV Partners and Accel as one of its lead investors. The company competes with the likes of Zolo, Colive and PadSplit.

The shift to profitability marked a notable phase for Stanza Living after several years of losses. While the company operates in a competitive managed accommodation market, sustaining profitability will depend on its ability to maintain stable occupancy and expand efficiently. Its performance in the coming years will indicate whether the turnaround seen in FY25 can translate into a more consistent financial trajectory.