Stylam Industries Limited
BSE: 526951 | NSE: STYLAMIND
Sector: Consumer Durables | Industry: Plywood Boards/ Laminates
01
ABOUT COMPANY
Stylam Industries Limited (hereinafter as “SIL“ or “The Company”) was incorporated on Oct 28, 1991 under the name “Golden Laminates Limited”. Later, in 2010, the company was rebranded as “Stylam Industries Limited” and headquartered in Chandigarh. Mr. Jagdish Gupta is the co-founder of the company.
SIL is manufactures high-pressure laminates (HPL), acrylic solid surfaces, exterior cladding, restroom cubicles, wide range of surface solutions, PU+ Lacquer Coating. The company caters to customers such as super stockists (regional intermediaries who buy large volume and then supply to distributors/dealers within the specified region), distributors, wholesalers, dealers/retailers, OEMs, project and institutional customers, architects & designers and fabricators. The company also serves to international market.
| Particulars | FY25 |
|---|---|
| Enterprise Value (₹ Crore) | 2,772 |
| EV/EBITDA | 15 |
| P/E | 23 |
| Revenue Growth % YoY | 12.1% |
| Gross Margin | 45.6% |
| EBITDA Margin | 18.1% |
| Net Margin | 11.9% |
Overview
| Location | Number of plants | Number of offices | Total |
| National | 2 | 7 | 9 |
| International | 0 | 0 | 0 |
| Locations | Number |
| National (No. of States) | 28 |
| International (No. of Countries) | 80+ |
| Region | Total number of dealers |
| Europe | 78 |
| The Far East | 29 |
| The Middle East | 46 |
| North America | 5 |
| South America | 6 |
| Rest of the World | 73 |
| Total | 237 |
Region Wise Breakup for Countries
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Product Portfolio
02
Earning Calls Summary
Q1 FY 2027
Q1 Revenue Up 15%; Margins at 22%; New Plant Commissioning in Sep
Management opened noting the investor presentation has been shared. The open offer process with Aica Kogyo (Japan) has concluded, with Aica now holding a substantial stake as a strategic partner. The Gupta family remains in operational control with no intention of selling further stake.
Q1 FY27 REVENUE GROWTH
15% YoY
Q1 FY27 EBITDA MARGIN
22% (sustained above 20%)
NEW PLANT REVENUE POTENTIAL (FY27)
₹250-300 crores (30% utilization)
Key Takeaway: Q1 FY27 consolidated revenue grew 15% YoY with EBITDA margin at 22% (sustaining above 20%). The new greenfield laminate plant is expected to commence commercial production by 1st September 2026 (trial runs ongoing), with revenue potential of ₹250-300 crores in FY27. The company is restructuring its domestic business with results expected from Q3 FY27 onwards.
Concall Notes
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