STYLAMINDConsumer Discretionary

Stylam Industries Limited

Plywood Boards/ Laminates · ISIN INE239C01020 · BSE 526951 · NSE EQ · FV ₹5
Last price
₹3,238
+1.57%today
What this company does

Stylam Industries Limited operates in Plywood Boards/ Laminates, part of the Consumer Discretionary sector. It booked ₹326 cr of revenue in its latest quarter (Q1 FY27) and kept 14.8% of sales as profit. It is the 3rd largest of 8 Plywood Boards/ Laminates companies we track, by market value.

a process defined by precision, in engineering, 04-43 in design and in execution. Our surfaces are shaped by decades of expertise and an extensive Managing Director’s Message___04 About the Company___06 understanding of material science and visual appeal.
In the report:
70out of 100
Equitytale Health Score
Solid

Healthier than 70% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 187–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
39

At close. Not part of the score.

Profitability & returns89

How much profit it earns on the money it employs

Balance sheet85

How much it owes, and whether earnings cover the interest

Cash quality45

Whether reported profit actually arrives as cash

Growth & consistency68

Whether sales and profit have grown, and how steadily

Valuation25

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 15% vs last year
Profit up 70% vs last year
Promoters hold 57%
No promoter shares pledged
Strong 24% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in STYLAMIND?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 12% a year, it would become
₹22.40 lakh

The slider starts at 12%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹3,238 +1.57%
latest close · 2026-09-17
1-year return
+203.5%
52-wk low ₹76152-wk high ₹4,150
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio28.5Average
LowAverageHigh
P/B ratio6.80High
Below bookModerateHigh
EV / EBITDA19.5High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity23.9%Strong
WeakFairStrong ▸15%
Return on capital31.7%Strong
WeakFairStrong
Net margin14.8%Decent
ThinDecentStrong
EBITDA margin21.5%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.04Comfortable
LowModerateHigh ▸1
Interest cover110.7×Strong
RiskyOkayStrong ▸5×
Current ratio3.48Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹5,488 cr
Book value
₹476
EPS
₹28.37
latest quarter
Net debt
₹-36 cr
more cash than debt
Enterprise value
₹5,452 cr
EBITDA
₹280 cr
annualised
EBIT
₹263 cr
annualised
Operating margin
20.1%
Return on assets
19.7%
Earnings yield
3.50%
P/S
4.20
Sales / share
₹770.5
Tax rate
26.0%
Face value
₹5
Shares
1.7 cr
Working capital
₹377 cr
Current assets
₹529 cr
Current liabilities
₹152 cr
Delivery %
48.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹514₹878, midpoint ₹779

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹326 cr
Other Income₹1 cr
Total Income₹328 cr
Cost of Materials₹177 cr
Purchases of Stock-in-Trade₹0.18 L
Inventory Change (±)₹-4 cr
Employee Benefit Expense₹27 cr
Finance Costs₹59.3 L
Depreciation & Amortisation₹4 cr
Other Expenses₹58 cr
Total Expenses₹263 cr
Profit before Tax₹65 cr
Tax Expense₹17 cr
Net Profit₹48 cr
Net margin on total income14.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹172 cr52.6%
Employee benefit expense₹27 cr8.3%
Finance costs₹59.3 L0.2%
Depreciation & amortisation₹4 cr1.4%
Other expenses₹58 cr17.8%
Tax expense₹17 cr5.2%
Profit for the period₹48 cr14.7%
Total income ₹328 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue271 cr283 cr326 cr
Total income272 cr287 cr328 cr
Expenses213 cr235 cr263 cr
Profit before tax59 cr52 cr65 cr
Tax13 cr14 cr17 cr
Net profit (owners' share)46 cr38 cr48 cr
Net margin (owners' share, on revenue)17.0%13.5%14.8%
EPS (₹)27.1622.3528.37
YoY (latest quarter): total income +15.5% · net profit +70.3%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹979 cr
Shareholder equity
₹807 cr
parent shareholders
Total debt
₹29 cr
Cash
₹65 cr
Cash flow · H1 FY26
Operating
₹75 cr
Investing
₹-89 cr
Financing
₹-9 cr
Peer comparison
Plywood Boards/ Laminates · by market value
CompanyPriceMarket capP/E
Century Plyboards (India) Limited₹719₹15,999 cr49.8
Greenlam Industries Limited₹237₹6,039 cr71.3
Stylam Industries Limitedthis company₹3,238₹5,488 cr28.5
Greenply Industries Limited₹293₹3,662 cr24.4
Greenpanel Industries Limited₹158₹1,942 cr16.3
Rushil Decor Limited₹16₹457 cr55.6
Archidply Industries Limited₹101₹202 cr9.0
Archidply Decor Limited₹72₹40 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹2.5
ex 17 Nov 2023
ActionDetailEx-date
Dividend₹2.5 / share17 Nov 2023
Dividend₹2.5 / share29 Jul 2021
Stock splitStock Split From Rs.10/- to Rs.5/-12 Apr 2021
Who owns it · 2026-06-30
No pledge
Promoter
56.9%
FII / Foreign
2.6%
DII / Domestic
12.1%
Retail / others
28.4%
Promoter stake up 2.3% over the last 12 quarters.
Smart-money activity
Insider trades
SoldManav Gupta · Director3.24 L · ₹73.0 cr17 Feb 26
SoldDipti Gupta · Promoters3.41 L · ₹76.8 cr17 Feb 26
SoldPushpa Gupta · Promoters22.36 L · ₹503.1 cr17 Feb 26
Bulk / block deals
short · NSE2024 Jul 26
short · NSE27 May 26
short · NSE486 May 26
Stake changes
BoughtAica Kogyo Company, Limited · promoter→ 40.00% · 17.16 L17 Jun 26
SoldJagdish Gupta · promoter→ 11.11% · 12.82 L17 Jun 26
SoldNidhi Gupta · promoter→ 0.00% · 3.68 L17 Jun 26
What shareholders were asked to approve
2 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 28 Aug 2026
See the official result
1
To receive, consider and adopt:- a) The Audited Standalone Financial Statement of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon; and b) The Audited Consolidated Financial Statement of the Company for the financial year ended March 31, 2026, together with the Report of the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
19.62 L votes for, 17 against · 0% of mutual funds and other big investors said no
2
To appoint Mr. Manit Gupta (DIN: 00889528), who retires by rotation as a Director
Backed by 100% of shareholders other than promotersneeded 50%
19.59 L votes for, 2,954 against · 0% of mutual funds and other big investors said no
3
Appointment of Mr. Tirloki Nath Singla (DIN: 00182154) as an Non-Executive Independent Director.
⚑ Passed only because promoters voted yes
Backed by 56% of shareholders other than promotersneeded 75%
10.98 L votes for, 8.64 L against · 45% of mutual funds and other big investors said no
4
Approve the amendment in Articles of Association of the Company.
⚑ Passed only because promoters voted yes
Backed by 52% of shareholders other than promotersneeded 75%
10.23 L votes for, 9.39 L against · 49% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 5 named members
owning 56.9% between them · as of 2026-06-30
Aica Kogyo Company Limited40.00%
Jagdish Gupta11.11%
Manit Gupta5.75%
Nidhi Guptano shares
Saru Guptano shares
Business done with them
FY2025 · 3 of the group
The company paid ₹2 cr to companies in the promoter group last year — about 0.2% of its ₹1,025 cr revenue.
MANIT GUPTA
Paid them for services · Remuneration
also owns 5.75% of the company
₹1 cr
company paid
Pushpa Gupta
Paid them for services · Remuneration
₹30 L
company paid
Nidhi Gupta
Paid them for services · Remuneration
₹30 L
company paid

The company also transacted with 9 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.