Stylam Industries Ltd
₹ 1,726
-0.80%
12 Sep
- close price
About
Stylam Industries is engaged in the manufacturing of decorative laminates under the brand name “STYLAM” and exports its products primarily to European and South East Asian countries.
It manufactures a wide range of high-quality decorative laminates, specialty surfaces, PU+ lacquer coating, solid surfaces and compact laminates. [1]
Key Points
- Market Cap ₹ 2,929 Cr.
- Current Price ₹ 1,726
- High / Low ₹ 2,736 / 1,441
- Stock P/E 24.1
- Book Value ₹ 388
- Dividend Yield 0.14 %
- ROCE 27.4 %
- ROE 20.4 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 33.9% CAGR over last 5 years
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 185 | 214 | 264 | 294 | 339 | 461 | 462 | 480 | 659 | 952 | 914 | 1,025 | 1,065 | |
| 167 | 191 | 234 | 249 | 290 | 380 | 382 | 380 | 556 | 797 | 731 | 840 | 869 | |
| Operating Profit | 18 | 23 | 30 | 46 | 50 | 80 | 80 | 99 | 104 | 155 | 183 | 185 | 196 |
| OPM % | 10% | 11% | 11% | 16% | 15% | 17% | 17% | 21% | 16% | 16% | 20% | 18% | 18% |
| 2 | 0 | 1 | 1 | 2 | 1 | -14 | 1 | 8 | 1 | 6 | 7 | 6 | |
| Interest | 7 | 5 | 6 | 10 | 8 | 11 | 11 | 6 | 8 | 8 | 2 | 4 | 11 |
| Depreciation | 3 | 4 | 5 | 6 | 11 | 18 | 21 | 23 | 23 | 20 | 22 | 24 | 23 |
| Profit before tax | 10 | 14 | 20 | 31 | 33 | 52 | 34 | 71 | 80 | 128 | 164 | 165 | 168 |
| Tax % | 32% | 32% | 38% | 37% | 39% | 25% | 44% | 22% | 24% | 25% | 22% | 26% | |
| 7 | 9 | 12 | 20 | 20 | 39 | 19 | 55 | 61 | 96 | 128 | 122 | 122 | |
| EPS in Rs | 4.68 | 6.43 | 8.32 | 13.45 | 12.31 | 23.82 | 11.19 | 32.72 | 36.00 | 56.61 | 75.76 | 71.88 | 71.82 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 7% | 0% | 3% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 17% |
| 3 Years: | 16% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 29% |
| 5 Years: | 34% |
| 3 Years: | 26% |
| TTM: | -6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 39% |
| 5 Years: | 43% |
| 3 Years: | 15% |
| 1 Year: | -18% |
| Return on Equity | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 24% |
| 3 Years: | 24% |
| Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| Reserves | 27 | 37 | 49 | 69 | 137 | 177 | 196 | 251 | 308 | 404 | 528 | 649 |
| 73 | 82 | 117 | 184 | 127 | 189 | 118 | 59 | 79 | 47 | 1 | 36 | |
| 23 | 24 | 38 | 43 | 56 | 64 | 73 | 89 | 93 | 79 | 70 | 85 | |
| Total Liabilities | 131 | 149 | 211 | 303 | 328 | 438 | 395 | 407 | 489 | 538 | 608 | 779 |
| 51 | 49 | 56 | 80 | 186 | 233 | 195 | 188 | 179 | 172 | 175 | 177 | |
| CWIP | 20 | 31 | 56 | 109 | 0 | 13 | 11 | 0 | 0 | 13 | 2 | 83 |
| Investments | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 2 | 1 | 1 |
| 60 | 70 | 99 | 115 | 143 | 191 | 188 | 218 | 308 | 351 | 430 | 517 | |
| Total Assets | 131 | 149 | 211 | 303 | 328 | 438 | 395 | 407 | 489 | 538 | 608 | 779 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 20 | 6 | 11 | 26 | 19 | 28 | 66 | 79 | 6 | 66 | 113 | 107 | |
| -21 | -12 | -38 | -77 | -8 | -53 | 19 | -6 | -30 | -12 | -21 | -126 | |
| 3 | 5 | 26 | 51 | -11 | 22 | -80 | -64 | 17 | -36 | -47 | -4 | |
| Net Cash Flow | 2 | -2 | -0 | -0 | 0 | -2 | 5 | 9 | -7 | 18 | 45 | -23 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 52 | 57 | 55 | 58 | 62 | 63 | 69 | 75 | 66 | 48 | 65 | 73 |
| Inventory Days | 77 | 71 | 111 | 128 | 117 | 93 | 98 | 106 | 129 | 110 | 112 | 121 |
| Days Payable | 45 | 37 | 51 | 44 | 68 | 38 | 52 | 76 | 56 | 27 | 30 | 30 |
| Cash Conversion Cycle | 84 | 92 | 116 | 143 | 111 | 117 | 115 | 105 | 139 | 131 | 147 | 163 |
| Working Capital Days | -18 | 4 | 11 | -25 | 10 | 30 | 36 | 71 | 82 | 82 | 109 | 110 |
| ROCE % | 16% | 16% | 18% | 19% | 15% | 20% | 17% | 24% | 25% | 32% | 33% | 27% |
Documents
Announcements
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Letter To The Shareholders - Annual Report 2024-25.
5 Sep - 34th AGM on Sept 30, 2025; annual report links provided; cut-off date Aug 29, 2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
5 Sep - Stylam Industries Limited has informed about the Newspaper Publication regarding the 34th AGM, e-voting and other related information.
- Reg. 34 (1) Annual Report. 4 Sep
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Business Responsibility and Sustainability Reporting (BRSR)
4 Sep - Business Responsibility and Sustainability Report for FY 2024-25 filed; part of Annual Report.
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Notice Of 34Th Annual General Meeting Scheduled On September 30, 2025 At 11:00 A.M. (IST)
4 Sep - 34th AGM on Sept 30, 2025; remote e-voting Sept 27–29; cut-off Sept 23, 2025.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Concalls
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Aug 2025TranscriptNotesPPT
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May 2025Transcript PPT
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Feb 2025TranscriptNotesPPT
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Oct 2024TranscriptNotesPPT
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Jul 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Feb 2024Transcript PPT
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Nov 2023TranscriptNotesPPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Jan 2023Transcript PPT
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Oct 2022Transcript PPT
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Jul 2022Transcript PPT
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May 2022Transcript PPT
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Jan 2022TranscriptNotesPPT
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Oct 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
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May 2021TranscriptNotesPPT
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Jan 2021TranscriptNotesPPT
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Oct 2020TranscriptNotesPPT
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Jul 2020TranscriptNotesPPT
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Jul 2020TranscriptNotesPPT
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Jun 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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Jun 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
Market Leadership
The company is the largest laminate-producing group in India. [1] It is a global pioneer for the ‘Hot Coating Process’ of PU+ Lacquer coating on thin laminates and also a pioneer in India for Solid Acrylic Surfaces. [2]