Stylam Industries Limited
NSE: STYLAMIND · Plywood Boards/ Laminates · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 12 companies in Plywood Boards/ Laminates (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹69 cr vs borrowings ₹29 cr (FY26): cash is higher (net cash).
- Operating profit covered interest -64.8x in the last 12 months.
- Promoter holding rose by 4.67 percentage points in a year, to 56.86% (2026-09-30).
- Operating cash flow was below net profit in 4 of the last 5 years (FY25, FY24, FY23, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 4% of net profit in the last 12 months.
- Dividend paid in 1 of the last 5 financial years.
- Price ₹3,129.10 on 2026-10-26: -24.6% from the 52-week high, +68.1% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 263 | 255 | 265 | 283 | 292 | 271 | 283 | 326 |
| EBITDA | 54 | 46 | 43 | 53 | 57 | 56 | 56 | 69 |
| OPM % | 20.7% | 18.1% | 16.2% | 18.7% | 19.4% | 20.5% | 19.6% | 21.1% |
| Other income | 2 | 2 | 1 | 1 | 1 | 1 | 4 | 1 |
| Net profit | 34 | 30 | 30 | 28 | 37 | 46 | 38 | 48 |
| EPS (₹) | 19.66 | 17.55 | 17.51 | 16.57 | 22.17 | 27.16 | 22.35 | 28.37 |
| Revenue YoY | +11.3% | +6.5% | +6.7% | +15.4% | ||||
| Profit YoY | +9.5% | +54.3% | +29.3% | +70.4% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 659 | 952 | 914 | 1,025 | 1,129 | 1,173 |
| EBITDA | 104 | 155 | 183 | 185 | 221 | 237 |
| Net profit | 61 | 96 | 128 | 122 | 150 | 170 |
| EPS (₹) | 36.06 | 56.63 | 75.77 | 71.46 | 88.25 | 100.05 |
| Revenue growth | +44.4% | -4.0% | +12.1% | +10.2% | +10.1% | |
| Profit growth | +57.6% | +33.8% | -5.1% | +23.0% | +39.4% | |
| Dividend / share (₹) | – | – | 2.50 | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +5.9% | – | +10.1% |
| Net profit | +16.0% | – | +39.4% |
| EPS | +15.9% | – | – |
| Share price | – | +16.7% (2y) | +61.5% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 412 | 536 | 657 | 807 |
| Borrowings | – | 37 | 0 | 36 | 29 |
| Cash & equivalents | – | 27 | 72 | 51 | 69 |
| Total assets | – | 538 | 607 | 778 | 979 |
| Fixed assets | – | 172 | 172 | 175 | 200 |
| Capital work in progress | – | 13 | 2 | 83 | 221 |
| Investments | – | 1 | 0 | 0 | 0 |
| Receivables | – | 126 | 162 | 204 | 208 |
| Inventory | – | 160 | 145 | 185 | 218 |
| Payables | – | 40 | 39 | 46 | 82 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 11 | 66 | 113 | 107 | 177 |
| Cash from investing | -30 | -12 | -21 | -126 | -156 |
| Cash from financing | 12 | -36 | -47 | -4 | -3 |
| Capex | 14 | 26 | 19 | 108 | 192 |
| Free cash flow | -4 | 40 | 93 | -0 | -14 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 23.3% | 24.0% | 18.5% | 18.6% |
| ROCE % | – | 30.4% | 31.1% | 24.3% | 24.7% |
| Debtor days | – | 48 | 65 | 73 | 67 |
| Inventory days | – | 110 | 112 | 121 | 132 |
| Payable days | – | 27 | 30 | 30 | 50 |
| Cash conversion cycle (days) | – | 131 | 147 | 164 | 149 |
| Working capital days | – | 92 | 137 | 128 | 122 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 56.86% |
| FIIs | 2.62% |
| DIIs | 10.79% |
| of which Mutual funds | 7.10% |
| of which Insurance | 0.08% |
| Public (non-institutions) | 29.74% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 52.19% | 52.19% | 52.19% | 52.19% | 52.19% | 54.11% | 56.86% | 56.86% |
| Promoter group | % |
|---|---|
| Aica Kogyo Company Limited | 40.00% |
| Jagdish Gupta | 11.11% |
| Manit Gupta | 5.75% |
| Nidhi Gupta | 0.00% |
| Saru Gupta | 0.00% |
| Public holders above 1% | % |
|---|---|
| DSP Small CAP Fund | 2.57% |
| Aditya Birla SUN Life Mutual Fund - Aditya Birla SUN Life Special Opportunities Fund | 2.16% |
| Abakkus Growth Fund-2 | 1.98% |
| Bank of India Small CAP Fund | 1.77% |
| Vanaja Sundar Iyer | 1.18% |
34,274 shareholders. Pledged: – of promoter shares.
Peers in Plywood Boards/ Laminates
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| CENTURYPLY | ₹14,150 cr | 48.6x | 5.4x | 11.7% | 12.3% | 12.3% | +14.0% | 0.15% |
| GREENLAM | ₹5,360 cr | 57.6x | 4.5x | 8.1% | 10.1% | 11.2% | +14.6% | 0.19% |
| STYLAMIND | ₹5,303 cr | 31.3x | 6.6x | 23.2% | 26.8% | 20.2% | +5.8% | – |
| GREENPLY | ₹3,635 cr | 36.7x | 4.1x | 11.6% | 15.1% | 9.4% | +14.1% | 0.17% |
| EUROPRATIK | ₹1,796 cr | 20.9x | 5.8x | 27.8% | 37.5% | 31.5% | – | 0.11% |
| GREENPANEL | ₹1,605 cr | 242.3x | 1.2x | 0.5% | 2.3% | 8.0% | -4.8% | – |
| RUSHIL | ₹432 cr | 18.7x | 0.7x | 3.5% | 6.8% | 9.9% | +0.9% | 0.68% |
| ARCHIDPLY | ₹181 cr | 13.9x | 1.6x | 12.1% | 11.8% | 6.5% | +16.7% | – |
| ECOBOAR | ₹156 cr | 19.2x | 6.9x | -118.4% | -33.9% | -26.1% | -14.8% | – |
| DUROPLY | ₹106 cr | 13.9x | 0.7x | 1.4% | 6.9% | 4.9% | +10.0% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-23 | Other | Annual General Meeting |
| 2023-11-17 | Dividend | Interim Dividend - Rs 2.50 Per Share |
| 2023-09-22 | Other | Annual General Meeting |
| 2022-09-22 | Other | Annual General Meeting |
| 2021-09-22 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Laminates and allied products
| Sector | Consumer Discretionary |
| Industry | Plywood Boards/ Laminates |
| Sub-industry | Plywood Boards/ Laminates |
| Symbol | STYLAMIND |
| BSE code | 526951 |
| ISIN | INE239C01020 |
| Face value | ₹5.0 |
| Incorporated | 1991-10-28 |
| Website | www.stylam.com |
| Plants (India / abroad) | 2 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.