Stylam Industries Ltd
NSE:STYLAMIND
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Stylam Industries Ltd
Stylam Industries Ltd. engages in the manufacturing of pressure plain and decorative laminates for home and office purpose. The company is headquartered in Chandigarh, Chandigarh. The company went IPO on 2000-11-13. The firm's products include high pressure laminates, door skins, adhesives, VIOLAM-decorative laminates, FASCIA-exterior cladding, WALKON-exterior floor boards and quality credentials. Its high-pressure decorative laminates constitute decorative design papers and absorbent kraft paper impregnated with melamine and phenolic resins respectively. Its products also include compact laminates, which are formulated with celluloid fibers impregnated with thermosetting resins; industrial laminates, including drill and entry boards in both phenolic and melamine faced surfaces; unicore laminates, which can be used for desks, doors, counter-tops, table-tops and drawers; metallic laminates that are manufactured with metalized aluminum foil; fire retardant laminates manufactured by impregnating papers with phenolic resin having imported fire retardant chemicals in its composition.
Stylam Industries Ltd. engages in the manufacturing of pressure plain and decorative laminates for home and office purpose. The company is headquartered in Chandigarh, Chandigarh. The company went IPO on 2000-11-13. The firm's products include high pressure laminates, door skins, adhesives, VIOLAM-decorative laminates, FASCIA-exterior cladding, WALKON-exterior floor boards and quality credentials. Its high-pressure decorative laminates constitute decorative design papers and absorbent kraft paper impregnated with melamine and phenolic resins respectively. Its products also include compact laminates, which are formulated with celluloid fibers impregnated with thermosetting resins; industrial laminates, including drill and entry boards in both phenolic and melamine faced surfaces; unicore laminates, which can be used for desks, doors, counter-tops, table-tops and drawers; metallic laminates that are manufactured with metalized aluminum foil; fire retardant laminates manufactured by impregnating papers with phenolic resin having imported fire retardant chemicals in its composition.
Revenue Growth: Stylam reported annual revenue of INR 1,025 crores for FY '25, up 12% from INR 914 crores in the previous year.
Exports Strong: Export revenue rose to INR 731 crores, marking a 19.6% increase over last year, while domestic revenue fell 3% to INR 294.4 crores.
Margins Under Pressure: PAT margin for the year declined to 11.81% from 14% last year due to higher raw material costs; Q4 PAT margin was 10.96%.
Capacity Expansion: A new laminate press has been installed, with a major new plant expected to start full production by the end of September 2025, adding 6,000 metric tons of capacity.
Net Debt Free: The company remains net debt free, with disciplined capital allocation and ongoing investments in expansion.
Domestic Challenges: Management acknowledged continued weakness in the domestic market, with lower realizations and limited focus compared to exports.
Guidance: Management expects continued double-digit export growth and gradual ramp-up of the new facility, with optimism for improved sales as new capacity comes online.