Stylam Industries Ltd

Stylam Industrie Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Stylam Industries Ltd

₹ 1,748 1.98%
25 Apr - close price
stylam.com BSE: 526951 NSE : STYLAMIND
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 Leadership
The Co. is the largest Laminate Producing group in India. [1] They are a pioneer in India for introducing the PU+ Lacquer Coating process thereby producing high quality, high value-add laminate finishes. [2]

Website BSE NSE
  • Market Cap ₹ 2,962 Cr.
  • Current Price ₹ 1,748
  • High / Low ₹ 1,980 / 1,132
  • Stock P/E 25.2
  • Book Value ₹ 278
  • Dividend Yield 0.14 %
  • ROCE 31.8 %
  • ROE 26.3 %
  • Face Value ₹ 5.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 37.5% CAGR over last 5 years
  • Debtor days have improved from 63.0 to 48.2 days.
  • Company's median sales growth is 15.8% of last 10 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.

Peer comparison

Sector: Plywood Boards/Laminates Industry: Miscellaneous

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
124 170 131 172 177 180 235 246 234 237 226 234 215
99 136 105 147 144 160 200 207 195 196 184 187 167
Operating Profit 25 35 26 24 33 20 35 40 39 41 42 47 48
OPM % 21% 20% 20% 14% 19% 11% 15% 16% 17% 17% 19% 20% 22%
0 1 0 4 -4 7 0 0 0 1 1 2 2
Interest 1 1 2 2 2 2 2 1 4 1 1 1 1
Depreciation 7 6 6 6 6 6 6 6 4 4 5 5 6
Profit before tax 17 28 19 21 21 19 28 32 32 36 36 43 43
Tax % 28% 17% 27% 28% 27% 13% 24% 26% 24% 26% 24% 27% 28%
13 23 14 15 16 16 21 24 24 27 28 32 31
EPS in Rs 7.41 13.87 8.20 8.88 9.22 9.71 12.36 14.28 14.17 15.81 16.39 18.73 18.48
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
104 140 185 214 264 294 339 461 462 480 659 952 911
94 128 167 191 234 249 290 380 382 380 556 797 734
Operating Profit 10 12 18 23 30 46 50 80 80 99 104 155 177
OPM % 10% 9% 10% 11% 11% 16% 15% 17% 17% 21% 16% 16% 19%
0 1 2 0 1 1 2 1 -14 1 8 1 5
Interest 4 5 7 5 6 10 8 11 11 6 8 8 3
Depreciation 3 3 3 4 5 6 11 18 21 23 23 20 20
Profit before tax 4 6 10 14 20 31 33 52 34 71 80 128 159
Tax % 33% 34% 32% 32% 38% 37% 39% 25% 44% 22% 24% 25%
3 4 7 9 12 20 20 39 19 55 61 96 118
EPS in Rs 1.93 2.79 4.68 6.43 8.32 13.45 12.31 23.82 11.19 32.72 36.00 56.61 69.41
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 7% 0%
Compounded Sales Growth
10 Years: 21%
5 Years: 23%
3 Years: 27%
TTM: 2%
Compounded Profit Growth
10 Years: 38%
5 Years: 37%
3 Years: 50%
TTM: 37%
Stock Price CAGR
10 Years: 67%
5 Years: 37%
3 Years: 33%
1 Year: 52%
Return on Equity
10 Years: 22%
5 Years: 22%
3 Years: 24%
Last Year: 26%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 7 7 7 7 7 7 8 8 8 8 8 8 8
Reserves 16 21 27 37 49 69 137 177 196 251 308 404 463
44 66 73 82 117 184 127 189 118 59 79 47 0
15 19 23 24 38 43 56 64 73 89 93 79 92
Total Liabilities 83 113 131 149 211 303 328 438 395 407 489 538 564
31 31 51 49 56 80 186 233 195 188 179 172 170
CWIP 3 18 20 31 56 109 0 13 11 0 0 13 12
Investments 0 0 0 0 0 0 0 1 2 2 2 2 2
49 64 60 70 99 115 143 191 188 218 308 351 379
Total Assets 83 113 131 149 211 303 328 438 395 407 489 538 564

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
6 3 20 6 11 26 19 28 66 79 6 66
-11 -18 -21 -12 -38 -77 -8 -53 19 -6 -30 -12
5 15 3 5 26 51 -11 22 -80 -64 17 -36
Net Cash Flow -0 0 2 -2 -0 -0 0 -2 5 9 -7 18

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 54 53 52 57 55 58 62 63 69 75 66 48
Inventory Days 141 130 77 71 111 128 117 93 98 106 129 110
Days Payable 45 33 45 37 51 44 68 38 52 76 56 27
Cash Conversion Cycle 150 150 84 92 116 143 111 117 115 105 139 131
Working Capital Days 93 91 61 74 78 78 90 87 82 87 113 96
ROCE % 12% 13% 16% 16% 18% 19% 15% 20% 17% 24% 25% 32%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
54.61% 54.61% 54.61% 54.61% 54.61% 54.61% 54.61% 54.61% 54.61% 54.61% 54.61% 54.61%
4.90% 4.89% 4.92% 5.21% 5.34% 5.45% 2.14% 2.53% 3.59% 3.99% 3.80% 3.57%
4.68% 8.83% 9.32% 9.27% 11.11% 11.33% 11.62% 12.49% 12.96% 11.60% 12.02% 11.22%
35.80% 31.67% 31.15% 30.90% 28.94% 28.60% 31.61% 30.36% 28.84% 29.79% 29.56% 30.61%
No. of Shareholders 5,2566,8196,7397,9849,1279,40012,89413,91322,82321,11621,24924,816

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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