Stylam Industries Limited, incorporated in October 1991, is engaged in the manufacturing of decorative laminates under the brand name "STYLAM," solid surface panels, and allied products. The company operates Asia's largest single-location laminate production factory, located in Panchkula, Haryana.
Stylam has established itself as a pioneer in the Indian laminate industry, notably as a global pioneer for the 'Hot Coating Process' of PU+ Lacquer coating on thin laminates and as an Indian pioneer for Solid Acrylic Surfaces. As the largest laminate-producing group in India, Stylam has built a rich legacy of 33 years, catering to a diverse range of customer preferences.
Stylam Industries offers a comprehensive range of high-quality decorative laminates and allied products. Its product portfolio includes:
- High-Pressure Laminates (HPL): Performance laminates, specialty laminates.
- Exclusive Surfaces: Acrylic solid surfaces, compact laminates.
- Specialty Laminates: Digital, synchro, mirror shield, metallic, unicore, flicker, and magnetic laminates, as well as chalk and marker board products.
- Advanced Laminates: Anti-fingerprint and high gloss laminates, anti-fingerprint and high gloss prelam boards.
- Solid Surface Sheets: Acrylic solid surface sheets.
- Compact Laminates: Industrial laminates, exterior cladding, restroom cubicles, and lockers.
The company's product range has significantly expanded over the years, showcasing continuous innovation and market responsiveness.
Stylam Industries has established a strong international presence, exporting its products to over 80 countries across North and South America, Europe, Asia, the Far East, Africa, the Middle East, and Australia. This global reach has been cultivated over decades of consistent quality and innovation, providing the company with diversified revenue streams and reducing dependence on any single market.
As of July 09, 2025, Stylam Industries Ltd has a market capitalization of ₹2,762.86 Crore, classifying it as a Small Cap company. The company has demonstrated strong financial metrics, with a TTM (Trailing Twelve Months) profit after tax of ₹130 Crore. The company is almost debt-free, providing significant financial flexibility and reducing operational risk.
The company's Q3 FY2025 financial performance showed mixed results:
- Revenue: ₹256.30 Crore, a substantial jump of 18.36% compared to the same period last year.
- Net Profit: ₹29.82 Crore, a decrease of 4.82% compared to the same period last year.
- Net Profit Margin: 11.63%.
- Revenues: ₹9,198 million, a slight decrease of -3.5% compared to ₹9,536 million in FY2023.
- Net Profit: ₹1,284 million, a significant increase of 33.8% compared to ₹960 million in FY2023.
- Market Capitalization: ₹2,762.86 Crore (as of Jul 09, 2025)
- TTM Profit After Tax: ₹130 Crore
- Q3 FY2025 Revenue: ₹256.30 Crore (up 18.36% YoY)
- Q3 FY2025 Net Profit: ₹29.82 Crore (down 4.82% YoY)
- FY2024 Revenue: ₹9,198 million (down 3.5% YoY)
- FY2024 Net Profit: ₹1,284 million (up 33.8% YoY)
- Promoter Holding: 52.19% (as of Dec 2024)
- 5-Year Profit Growth CAGR: 33.9%
- 5-Year Revenue Growth CAGR: 18.7%
Stylam Industries operates in a competitive environment within the laminates and allied products sector. Key competitors include Greenlam Industries, Duroply Industries, Century Plyboards (India), Greenpanel Inds., Greenply Industries, Rushil Decor, Archidply Inds, and Airo Lam.
Despite the competition, Stylam Industries' market capitalization of ₹2,901 Crore significantly surpasses the median market cap of its peers (₹891 Crore). This indicates the company's larger scale and strong market position within the industry.
Stylam Industries maintains robust corporate governance practices. The company's chairman and managing director is Jagdish Gupta. Promoter holding, as of December 2024, stood at 52.19%, a decrease from 54.61% in March 2024. Importantly, there is no promoter pledging, signifying financial stability and confidence.
The company has consistently pursued business expansion and product portfolio diversification:
- Capacity Enhancement: During FY2020, production capacity was enhanced by 3.3 million sheets per annum.
- New Market Entry: In 2022-23, the Company expanded into a new market by building a short cycle press capacity for laminating impregnated paper on Medium Density Fibre (MDF) panels.
- New Product Launches: The company launched PreLam Boards with both Anti-Finger and High Gloss finishes, further diversifying its offerings.
Stylam Industries' strong balance sheet, characterized by its near debt-free status, provides a solid foundation for future growth and strategic initiatives. The company's consistent profitability growth and revenue CAGR over the past five years underscore its robust operational efficiency and market leadership.
