Stylam Industries Ltd
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]
- Market Cap ₹ 4,412 Cr.
- Current Price ₹ 2,603
- High / Low ₹ 2,733 / 1,500
- Stock P/E 29.5
- Book Value ₹ 476
- Dividend Yield 0.00 %
- ROCE 27.0 %
- ROE 20.4 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Promoter holding has increased by 1.92% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Plywood Boards/ Laminates
Part of BSE Consumer Discretionary BSE 1000
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 214 | 264 | 294 | 339 | 461 | 462 | 480 | 659 | 952 | 914 | 1,025 | 1,129 | |
| 191 | 234 | 249 | 290 | 380 | 382 | 380 | 556 | 797 | 730 | 840 | 909 | |
| Operating Profit | 23 | 30 | 46 | 50 | 80 | 80 | 99 | 104 | 155 | 184 | 185 | 220 |
| OPM % | 11% | 11% | 16% | 15% | 17% | 17% | 21% | 16% | 16% | 20% | 18% | 20% |
| 0 | 1 | 1 | 2 | 1 | -14 | 1 | 8 | 1 | 6 | 7 | 7 | |
| Interest | 5 | 6 | 10 | 8 | 11 | 11 | 6 | 8 | 8 | 3 | 4 | 3 |
| Depreciation | 4 | 5 | 6 | 11 | 18 | 21 | 23 | 23 | 20 | 22 | 24 | 21 |
| Profit before tax | 14 | 20 | 31 | 33 | 52 | 34 | 71 | 80 | 128 | 164 | 165 | 203 |
| Tax % | 32% | 38% | 37% | 39% | 25% | 44% | 22% | 24% | 25% | 22% | 26% | 26% |
| 9 | 12 | 20 | 20 | 39 | 19 | 55 | 61 | 96 | 128 | 122 | 149 | |
| EPS in Rs | 6.43 | 8.32 | 13.45 | 12.31 | 23.82 | 11.19 | 32.72 | 36.00 | 56.61 | 75.76 | 71.88 | 88.19 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 7% | 0% | 3% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 19% |
| 3 Years: | 6% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 29% |
| 5 Years: | 22% |
| 3 Years: | 16% |
| TTM: | 23% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 38% |
| 5 Years: | 26% |
| 3 Years: | 23% |
| 1 Year: | 70% |
| Return on Equity | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 23% |
| 3 Years: | 22% |
| Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| Reserves | 37 | 49 | 69 | 137 | 177 | 196 | 251 | 308 | 404 | 528 | 649 | 798 |
| 82 | 117 | 184 | 127 | 189 | 118 | 59 | 79 | 47 | 0 | 36 | 29 | |
| 24 | 38 | 43 | 56 | 64 | 73 | 89 | 93 | 79 | 69 | 85 | 143 | |
| Total Liabilities | 149 | 211 | 303 | 328 | 438 | 395 | 407 | 489 | 538 | 606 | 779 | 979 |
| 49 | 56 | 80 | 186 | 233 | 195 | 188 | 179 | 172 | 175 | 177 | 201 | |
| CWIP | 31 | 56 | 109 | 0 | 13 | 11 | 0 | 0 | 13 | 2 | 83 | 221 |
| Investments | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 |
| 70 | 99 | 115 | 143 | 191 | 188 | 218 | 308 | 351 | 428 | 517 | 556 | |
| Total Assets | 149 | 211 | 303 | 328 | 438 | 395 | 407 | 489 | 538 | 606 | 779 | 979 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | 11 | 26 | 19 | 28 | 66 | 79 | 6 | 66 | 109 | 107 | 177 | |
| -12 | -38 | -77 | -8 | -53 | 19 | -6 | -30 | -12 | -37 | -126 | -156 | |
| 5 | 26 | 51 | -11 | 22 | -80 | -64 | 17 | -36 | -4 | -4 | -3 | |
| Net Cash Flow | -2 | -0 | -0 | 0 | -2 | 5 | 9 | -7 | 18 | 68 | -23 | 18 |
| Free Cash Flow | -7 | -27 | -51 | 10 | -17 | 42 | 73 | -8 | 40 | 95 | 0 | -2 |
| CFO/OP | 38% | 55% | 74% | 61% | 46% | 104% | 97% | 24% | 59% | 83% | 82% | 104% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 57 | 55 | 58 | 62 | 63 | 69 | 75 | 66 | 48 | 64 | 73 | 67 |
| Inventory Days | 71 | 111 | 128 | 117 | 93 | 98 | 106 | 129 | 110 | 112 | 121 | 132 |
| Days Payable | 37 | 51 | 44 | 68 | 38 | 52 | 76 | 56 | 27 | 29 | 30 | 50 |
| Cash Conversion Cycle | 92 | 116 | 143 | 111 | 117 | 115 | 105 | 139 | 131 | 147 | 163 | 150 |
| Working Capital Days | 4 | 11 | -25 | 10 | 30 | 36 | 71 | 82 | 82 | 108 | 110 | 100 |
| ROCE % | 16% | 18% | 19% | 15% | 20% | 17% | 24% | 25% | 32% | 34% | 27% | 27% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Global Presence - Countries Reached Number |
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| Installed Capacity - Laminate Sheets Million Sheets |
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| Product Range - Laminate Designs Number |
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| Capacity Utilization - Laminates % |
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| Laminate Sheets Sold - Total Million Sheets |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
15h - Schedule of earnings conference call on audited financial results for the fourth quarter (Q4) and year ended march 31, 2026.
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Announcement under Regulation 30 (LODR)-Investor Presentation
16h - Investor Presentation on Audited Financial Results of the Company for the Fourth Quarter (Q4) and Year ended March 31, 2026.
- Results - For The Quarter And Year Ended March 31, 2026. 20h
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Board Meeting Outcome for Audited Standalone & Consolidated Financial Results For The Financial Year Ended March 31, 2026.
20h - Board approved Q4 and FY26 audited standalone and consolidated results on May 7, 2026; unmodified audit opinion.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 29 Apr
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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May 2026TranscriptAI SummaryPPT
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Feb 2026Transcript PPT REC
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Nov 2025TranscriptAI SummaryPPT
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Oct 2024TranscriptAI SummaryPPT
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Jul 2024TranscriptAI SummaryPPT
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Feb 2024Transcript PPT
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Nov 2023TranscriptAI SummaryPPT
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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 2022TranscriptAI SummaryPPT
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Oct 2021TranscriptAI SummaryPPT
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Jul 2021TranscriptAI SummaryPPT
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May 2021TranscriptAI SummaryPPT
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Jan 2021TranscriptAI SummaryPPT
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Oct 2020TranscriptAI SummaryPPT
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Jul 2020TranscriptAI SummaryPPT
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Jul 2020TranscriptAI SummaryPPT
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Jun 2020TranscriptAI SummaryPPT
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Feb 2020TranscriptAI SummaryPPT
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Nov 2019TranscriptAI SummaryPPT
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Aug 2019TranscriptAI SummaryPPT
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Jun 2019TranscriptAI SummaryPPT
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Feb 2019TranscriptAI SummaryPPT
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Nov 2018TranscriptAI SummaryPPT
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Aug 2018TranscriptAI SummaryPPT
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]