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MARKET DEPTH

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444.008 minutes ago
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LOWER/UPPER CIRCUITS

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Interiors More Ltd Stock performance
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KEY OBSERVATIONS

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noteAnnual Revenue,rose 28.74%, in the last year to ₹32.54 Cr. Its sector's average revenue growth for the last fiscal year was 14.42%.
noteAnnual Net Profit,rose 16.58% in the last year to ₹7.05 Cr. Its sector's average net profit growth for the last fiscal year was 33.33%.
notePrice to Earning Ratio,is 45.71, lower than its sector PE ratio of 52.98.
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Interiors More Limited was originally incorporated on July 30, 2012 as a Private Limited Company as ‘Interiors More Private Limited’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, Mumbai, Maharashtra. Subsequently, pursuant to a Special Resolution of its Shareholders passed in the Extra-Ordinary General Meeting held on October 31, 2022, the Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of the Company was changed to ‘Interiors More Limited’ and a Fresh Certificate of Incorporation consequent to Conversion was issued on January 06, 2023 by the Registrar of Companies, Mumbai.The company was founded in 2012. Initially, it focused on trading artificial flowers, importing them and selling them domestically. An artificial flower resembles a real flower but is non-perishable in nature, hence it is commonly utilized in Indian marketplaces. Artificial flowers are commonly utilized in weddings, celebrations, corporate settings, and home decor. It has been serving businesses of all sizes for over a decade. With more time and expertise, the company began to adapt to the market and comprehend the needs of its clients. Following its success with artificial flowers, the company expanded into decorative items such as vases, plants, planters, wedding props, lights, furniture, fabric, chandeliers, candles, fragrance, and other related decor items. Currently, the company is a manufacturer and trader of quality artificial flowers, plants, and other home and office décor items. It has an in-house manufacturing plant where it makes its items.The company sources raw materials from both domestic and foreign markets. Its business has grown not only because of the application of multiple marketing models but also because of its creative and constantly reviewed marketing tactics. The business is supported by qualified management and a dynamic workforce.The primary revenue of the company is generated from the sales of artificial flowers, plants leaves. Artificial flowers, plants leaves have been a core focus of its business, and it has established ourselves as a reputable provider in this particular market segment. Its expertise in sourcing high-quality materials, manufacturing realistic-looking flowers, and meeting customer demands has contributed to its success in this area. It continues to invest in the development and expansion of its other product categories. This allows it to offer a comprehensive range of complementary products to its customers and diversify its revenue streams. Business area of the companyThe company is engaged in the process of manufacturing and trading of high-quality artificial flowers, plants and other decorative materials for weddings and events involving in- house manufacturing, assembly of various parts into one finished goods and trading of the finished goods.Products of the companyArtificial flowersArtificial plant and leavesArtificial grassHistory and milestones2012: Incorporation of the Company2021: Setting up of factory in Valsad, Gujarat.2023: Conversion of company from Private Limited to Public Limited i.e., Change of name from ‘Interiors More Private Limited’ to ‘Interiors More Limited’.
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