| Management target | Revenue 30.0% FY27 |
|---|
| Revenue growth | Driven by exports; domestic growth stagnant at 300Cr run-rate for years. |
|---|---|
| Margins | Record 21% EBITDA margins due to high utilization and efficiency gains. |
| Order book | Operating at near full capacity; orders pending new plant commissioning. |
| Demand visibility | Strong export demand from Europe; domestic recovery expected from Q3 FY27. |
| Management confidence | Balanced, but defensive regarding repeated plant commissioning delays and family issues. |
Growth
Margins expanded to 21% via operating efficiencies and lower expenses despite lower exports; domestic revenue remains flat at 300Cr for four years.
Outlook
New plant expected to contribute 250-300Cr revenue in FY27 at 30% capacity utilization. Overall 15% export growth targeted.
Risks
Execution risk remains high with plant delays attributed to family issues and regulatory hurdles. Domestic recovery lacks clear visibility until Q3.
Last quarter's promises, checked
Delivered
- Guided 22-24% margin pattern → delivered 21% (≈ BEAT)
- Guided 49% gross margin → delivered 49% (= BEAT)
- Guided INR 15Cr acrylic turnover → delivered INR 15Cr (= BEAT)
Partly delivered
- Guided INR 300-400Cr new plant revenue → delivered 250-300Cr (= PARTIAL)
Missed
- Guided June/July plant start → delivered September (= MISS)
- Guided 30-40% utilization Q2 FY27 → delivered delay (= MISS)
Earnings Call Transcript filed with BSE, NSE: STYLAMIND. Summary written with AI assistance from the document.
Stylam Industries Ltd: key numbers
- Share price
- ₹3,215.80
- Market cap
- ₹5,450 Cr
- Revenue (annual)
- ₹1,129 Cr
- Net profit (annual)
- ₹149.9 Cr
- P/E (TTM)
- 31.2×Sector 38.7×
- Promoter holding
- 56.86%+0.00% QoQ
- FII holding
- 2.62%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Stylam Industries Ltd
All →Stylam Industries Earnings Call Transcript: Key Takeaways
Stylam reported strong volume growth but faced significant EBITDA margin pressure due to escalating ocean freight and energy costs.
Stylam Industries Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹341 Cr (+16% YoY) and PAT ₹43 Cr; H1 revenue ₹667 Cr (+16%), PAT ₹91 Cr (+38%). New Manak Tabra plant commissioned 22 Sep 2026.
Stylam Industries Q2 FY27 Results: Net Profit ₹42.3 Cr, Up 13.4% YoY
Stylam Industries Ltd reported revenue from operations of ₹340.5 Cr (+16.5% YoY) and net profit of ₹42.3 Cr (+13.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹42.3 Cr · +13.4% YoY
Stylam Industries Board Meeting Date
Stylam Industries has announced its Board of Directors will meet on 28 October 2026 to consider Q2 and half-year results. The trading window remains closed until 48 hours after results declaration.
Stylam Industries Other Announcement
The company filed its quarterly shareholding pattern for the quarter ended September 30, 2026, as required under SEBI Regulation 31(1)(b).
Stylam Industries Production Started
Stylam Industries commenced commercial production at its new Manak Tabra-2 laminate plant in Panchkula. The 60,000 tonne capacity addition strengthens manufacturing capacity for growing laminate demand.
- laminate manufacturing capacity (new plant Manak Tabra-2)
- 60000 tonnes per annum