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Updated: July 25, 2025 19:42
Parin Enterprises Limited (earlier known as Parin Furniture Limited) has secured yet another big order, this time from the Ministry of Civil Aviation, Airports Authority of India, for the supply of furniture for airports to Gannavaram Airport, Andhra Pradesh. The order value of this big-ticket order is ₹54.23 lakh.
Key Highlights
New Win at Gannavaram Airport:
Parin Enterprises will provide airport furniture customized to specifications as part of its new agreement with the Airports Authority of India, further establishing its position as the market leader in the institutional furniture business.
Sustained Growth with Multiple Agreements:
The company has established a strong portfolio with fresh orders, such as orders for Ayodhya Airport (₹22.2 lakh), Vadodara Airport (₹77 lakh), and Tirupati Airport (₹28.8 lakh), which showcase its strong government client relationships.
Growing Footprint Across Sectors:
Besides airports, Parin has recently placed an order of ₹7.79 crore to provide furniture to 688 schools in Gujarat under the Sarva Shiksha Abhiyan program, and a large order from the West Bengal Health Department.
Strong Market and Financial Presence:
Parin's gross top line was doubled to ₹168 crore in FY25, while its bottomline more than tripled, supporting aggressive expansion plans. The company has operations in 18 operating states with over 900 business partners and plans to have 100 brand stores in the country.
Strategic Steps:
The rebranding of the company and takeover, like the 51% stake in Umerin Global, are all under an overall growth plan to diversify product and expand into new markets.
This quick succession of high-profile government orders solidifies Parin Enterprises' position as a reliable supplier within the Indian institutional furniture market and points to robust momentum for the rest of FY25.
Source: DSIJ, MarketScreener, Realty Plus, Trade Brains