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 ₹ 5,994 Cr.
- Current Price ₹ 3,536
- High / Low ₹ 4,160 / 1,575
- Stock P/E 35.3
- Book Value ₹ 476
- Dividend Yield 0.00 %
- ROCE 26.6 %
- ROE 19.9 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Promoter holding has increased by 2.76% over last quarter.
Cons
- Stock is trading at 7.43 times its book value
- 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 461 | 462 | 476 | 659 | 952 | 914 | 1,025 | 1,129 | 1,173 | |
| 380 | 382 | 380 | 556 | 797 | 730 | 840 | 909 | 936 | |
| Operating Profit | 80 | 80 | 95 | 104 | 155 | 184 | 185 | 221 | 237 |
| OPM % | 17% | 17% | 20% | 16% | 16% | 20% | 18% | 20% | 20% |
| 1 | -14 | 5 | 8 | 1 | 6 | 8 | 7 | 7 | |
| Interest | 11 | 11 | 6 | 8 | 8 | 3 | 4 | 4 | -3 |
| Depreciation | 18 | 21 | 23 | 23 | 20 | 22 | 24 | 21 | 20 |
| Profit before tax | 52 | 33 | 71 | 81 | 128 | 164 | 165 | 203 | 227 |
| Tax % | 25% | 44% | 22% | 24% | 25% | 22% | 26% | 26% | |
| 39 | 19 | 55 | 61 | 96 | 128 | 122 | 150 | 170 | |
| EPS in Rs | 23.82 | 11.03 | 32.61 | 35.93 | 56.63 | 75.78 | 71.91 | 88.43 | 100.17 |
| Dividend Payout % | 0% | 0% | 0% | 7% | 0% | 3% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 6% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 15% |
| TTM: | 39% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 29% |
| 5 Years: | 22% |
| 3 Years: | 30% |
| 1 Year: | 110% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 22% |
| Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| Reserves | 177 | 196 | 251 | 308 | 404 | 528 | 649 | 798 |
| 189 | 118 | 59 | 79 | 47 | 0 | 36 | 29 | |
| 64 | 73 | 89 | 93 | 79 | 69 | 85 | 143 | |
| Total Liabilities | 438 | 395 | 407 | 489 | 538 | 606 | 778 | 979 |
| 233 | 195 | 188 | 179 | 172 | 175 | 177 | 201 | |
| CWIP | 13 | 11 | 0 | 0 | 13 | 2 | 83 | 221 |
| Investments | 1 | 2 | 1 | 1 | 1 | 0 | 0 | 0 |
| 191 | 188 | 218 | 309 | 352 | 429 | 518 | 557 | |
| Total Assets | 438 | 395 | 407 | 489 | 538 | 606 | 778 | 979 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 28 | 66 | 79 | 6 | 66 | 109 | 107 | 177 | |
| -53 | 19 | -5 | -30 | -12 | -36 | -126 | -156 | |
| 22 | -80 | -64 | 17 | -36 | -4 | -4 | -3 | |
| Net Cash Flow | -2 | 5 | 9 | -6 | 18 | 69 | -23 | 18 |
| Free Cash Flow | -17 | 42 | 73 | -8 | 40 | 95 | 0 | -2 |
| CFO/OP | 46% | 104% | 101% | 24% | 59% | 83% | 82% | 104% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 63 | 69 | 76 | 66 | 48 | 64 | 73 | 67 |
| Inventory Days | 93 | 98 | 106 | 129 | 110 | 112 | 121 | 132 |
| Days Payable | 38 | 52 | 76 | 56 | 27 | 29 | 30 | 50 |
| Cash Conversion Cycle | 117 | 115 | 106 | 139 | 131 | 147 | 163 | 150 |
| Working Capital Days | 30 | 36 | 72 | 82 | 82 | 108 | 110 | 100 |
| ROCE % | 17% | 24% | 25% | 32% | 34% | 27% | 27% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Export Revenue Share % |
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| Team Strength count |
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| Countries with Direct Presence count |
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| Laminate Capacity Utilization % |
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| Laminate Manufacturing Capacity Mn sheets/year |
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| Laminate Sheets Sold Mn sheets |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Stylam Industries Limited has informed regarding the Letter to the Shareholders.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Stylam industries Limited has informed about the Newspaper Publication regarding the 35th AGM, e-voting and other related information.
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Business Responsibility and Sustainability Reporting (BRSR)
- Stylam Industries filed its BRSR for FY 2025-26 as part of the annual report.
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Reg. 34 (1) Annual Report.
- Stylam Industries submitted FY2025-26 annual report and BRSR, available on its website.
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Notice Of 35Th Annual General Meeting Scheduled On August 28, 2026 At 11:30 A.M.
- Stylam Industries schedules 35th AGM on August 28, 2026, with director appointments and remuneration approvals.
Annual reports
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Financial Year 2026
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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
from bse
Concalls
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Jul 2026Transcript PPT REC
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May 2026Transcript PPT
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Feb 2026Transcript PPT REC
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025TranscriptAI SummaryPPT
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May 2025Transcript PPT
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Feb 2025TranscriptAI SummaryPPT
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Oct 2024TranscriptAI SummaryPPT
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Jul 2024TranscriptAI SummaryPPT
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May 2024TranscriptAI SummaryPPT
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Feb 2024Transcript PPT
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Nov 2023TranscriptAI SummaryPPT
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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 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:[1] [2]
The company is the largest laminate manufacturer in India. It is global
pioneer for the Hot Coating Process technology. It also introduced India’s first PU+ Lacquer Coating process.