Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Stylam Industries Earnings Call Transcript: Key Takeaways

Stylam achieved record 21% EBITDA margins but faced repeated delays in its new laminate plant commissioning, now pushed to September FY27. Management is pivoting focus toward domestic market restructuring following a multi-year stagnation.

Guidance and delivery
Management target Revenue 30.0% FY27
Highlights
Revenue growthDriven by exports; domestic growth stagnant at 300Cr run-rate for years.
MarginsRecord 21% EBITDA margins due to high utilization and efficiency gains.
Order bookOperating at near full capacity; orders pending new plant commissioning.
Demand visibilityStrong export demand from Europe; domestic recovery expected from Q3 FY27.
Management confidenceBalanced, 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)
Source

Earnings Call Transcript filed with BSE, NSE: STYLAMIND. Summary written with AI assistance from the document.

Read the document ↗

Stylam Industries Ltd: key numbers

Share price
₹3,369.40
Market cap
₹5,710 Cr
Revenue (annual)
₹1,129 Cr
Net profit (annual)
₹149.9 Cr
P/E (TTM)
33.6×Sector 44.4×
Promoter holding
56.86%+2.75% 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 →
10:28 IST BSE
Production Started

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
13:22 IST BSE
Financial Results

Stylam Industries Q1 FY27 Results: Net Profit ₹48.2 Cr, Up 70.3% YoY

Stylam Industries Ltd reported revenue from operations of ₹326.5 Cr (+15.4% YoY) and net profit of ₹48.2 Cr (+70.3% YoY) for Q1 FY27.

Key figure
Net profit ₹48.2 Cr · +70.3% YoY