Equitalist

Stylam Industries Limited

BSE: 526951 | NSE: STYLAMIND

Sector: Consumer Durables | Industry: Plywood Boards/ Laminates

Stylam Logo
REVENUE
₹ 1,129 Crore
Topline YoY ▲ 10.2%
GROSS PROFIT
₹ 525 Crore
Cost efficiency ▲ 12.3%
EBITDA
₹ 221 Crore
Operating leverage ▲ 19.1%
NET PROFIT
₹ 150 Crore
Net profitability ▲ 22.9%

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.

Location Number of Plants Number of Offices Total
National 7 36 43
International - 1 1
Grand Total 7 37 44
Sector Key Products & Categories Services
Home Appliances Ovens, dishwashers, refrigerators, washing machines/dryers, air fryers, kitchen appliances (mixers, blenders, food processors), coffee machines, and vacuum cleaners. Cleaning and care products, extended warranties, and repair/spare parts support.
Power & Measuring Tools Cordless and corded power tools (drills, saws, grinders, hammers), measuring tools (lasers, detectors, thermal cameras), and professional-grade accessories. Online repair services, spare parts lookup, and product connectivity apps (e.g., MeasureOn).
Mobility Solutions Automotive parts, vehicle technology, software, and electronic systems for passenger cars, commercial vehicles, and two-wheelers. Workshop equipment (diagnostics, test benches), ESI[tronic] software, technical support, and workshop management programs.
Industry & Trade Specialized tools, industrial technology, and building/energy solutions. Training solutions, technical consulting, and professional maintenance/repair services.
Segment Core Technology / Sub-category Components / Offerings
2-wheeler and powersports Engine Management System (EMS) Portfolio of EMS technologies specifically engineered for two-wheelers, encompassing: lambda sensors, fuel injectors, fuel supply modules, and Electronic Control Units (ECUs).
ICE Engine Management Systems Systems for Diesel, Gasoline, and alternate fuel across vehicle segments.
ICE Connected and Software Services Connected and Software services.
ICE Battery Management Systems Battery Management Systems.
ICE Thermal Systems Thermal systems – Hybrids.
ICE H2 ICE Hydrogen Internal Combustion Engine (H2 ICE) applications.
Electrification Electrification Integration Electric Axle (3-in-1, X-in-1) and Vehicle Control Units.
State City Headquarters R&D Office Manufacturing
Chandigarh Chandigarh Yes No No No
Delhi New Delhi No No Yes No
Gujarat Ahmedabad No No Yes No
Surat No No Yes No
Haryana Gurugram No No Yes No
Manesar No No Yes No
Himachal Pradesh Nalagarh No No No Yes
Jharkhand Ranchi No No Yes No
Karnataka Bengaluru No No Yes No
Bidadi No No No Yes
Nagathanthapura No No No Yes
Mysore (inferred) No Yes No No
Kerala Coimbatore No No Yes No
Madhya Pradesh Indore No No Yes No
Maharashtra Mumbai No No Yes No
Nashik No No Yes No
Pune No No Yes No
Rajasthan Jaipur No No Yes No
Tamil Nadu Chennai No No Yes No
Telangana Hyderabad No No Yes No
Secunderabad No No Yes No
Uttar Pradesh Ghaziabad No No Yes No
Lucknow No No Yes No
West Bengal Kolkata No No Yes No

Earning Calls Summary

Management Earnings Calls

Quarterly concall summaries, management commentary tracker & key metrics

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.

Earnings Call Summary
PREMIUM
PREMIUM
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