What we do Parin Enterprises Limited manufactures a wide range of furniture products including hospital, educational, institutional, and household furniture with a strong presence across India. |
Founded in 2,006 |
Market share Established player with nationwide presence through flagship stores and 900+ dealers, serving institutional and consumer segments. |
Problem solved Provides customized, durable, and ergonomic furniture solutions to healthcare, education, office, and home sectors. |
Top clients or who we serve Serves government bodies, airports, educational institutions, healthcare providers, and retail customers (B2B and B2C). |
Key management Umesh Dhirajlal Nandani (Managing Director) with 41+ years of industry experience leads the company. |
Our journey and innovations Initially founded as Parin Furniture Private Ltd in 2006, converted to public in 2018, and rebranded to Parin Enterprises in 2024; expanded into automobile dealership. |
Where we operate Operations across 18 Indian states with retail stores and extensive dealership network. |
Top products or what we offer Hospital beds, educational furniture, home furniture including sofa sets, recliners, and airport seating systems. |
Top brands Pearl Furniture (Subsidiary) known for institutional and home furniture; collaboration for airport seating systems adds global edge. |
Raw materials needed Laminates, wood, metal, foam, textiles relevant to furniture manufacturing. |
Raw materials supplier Suppliers are industry standard vendors; specifics not disclosed publicly. |
Recurring vs cyclical contribution Revenue is primarily recurring from institutional contracts and retail sales with moderate seasonality. |
Our industry position Strong market presence in healthcare and educational furniture with growing diversification into automobiles. |
Financial highlights Consolidated revenue Rs.167.66 Crore; net profit Rs.6.29 Crore for FY 2024-25, showing healthy growth over previous years. |
Geographical revenue split Primarily domestic sales across 18 states; subsidiary operations in automobile dealership contribute significantly. |
Order book Robust order book from government and institutional clients including airports, educational and healthcare sectors. |
Whats driving growth Government infrastructure projects, institutional contracts, expansion into automobile dealership, and retail network growth. |
Our future plans Expanding automobile dealership business, increasing retail footprint, and enhancing product range for healthcare and education. |
Our green promise Installed solar panels for energy conservation; committed to sustainable manufacturing practices. |
Our people and values 269 employees fostering innovation, safety, diversity, and ethical workplace behavior. |
Key challenges ahead Managing diversification risks, supply chain efficiencies, and competitive pressures in furniture and automobile segments. |
Interesting facts Winner of global tenders for airport seating; collaborations with reputed institutions like AIIMS and IITs. |
Risks and strategy Mitigating raw material price volatility and competition by diversification and strengthening dealer networks. |
