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Stylam Industries Ltd (STYLAMIND)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526951 NSE: STYLAMIND Laminates/Decoratives | Small Cap | Stylam Industries Share Price

₹3,567.95 -34.80 (-0.97%)

As on 24-Aug'26 16:59

Stylam Industries Ltd (STYLAMIND)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526951 NSE: STYLAMIND Laminates/Decoratives | Small Cap | Stylam Industries Share Price

₹3,567.95 -34.80 (-0.97%)

As on 24-Aug'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹6,047 Cr.
Current Price
₹3,568
52-Week Low / High
₹1,575 / 4,160
TTM EPS
₹100.2
TTM Sales
₹1,173 Cr.
Book Value per Share
₹504.6
P/E Ratio
35.62
Higher than its 5-year historical median
Industry PE
39.7
Price to Book (P/B)
7.07
Higher than its 5-year historical median
Price to Sales (P/S)
5.16
Higher than its 5-year historical median
EV/EBITDA
24.64
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
20.47%
Outperforms industry median
Return on Capital Employed (ROCE)
27.05%
Outperforms industry median
Return on Assets (ROA)
17.05%
Operating Profit Margin
19.5%
Net Profit Margin
13.27%
Gross Profit Margin
19.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
10.16%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
19.02%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
22.98%
Asset Quality
Promoter Holding
56.86%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹847 Cr.
Equity
₹8.5 Cr.
Face Value
₹5
All Time Low / High
₹0.50 / 4160.25

Stylam Industries stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Overvalued

Price Trend

Strong
Q.1 Is Stylam Industries Ltd a good quality company?
Stylam Industries Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Stylam Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Stylam Industries Ltd vs industry peers?
Stylam Industries Ltd revenue CAGR is 18.69%, compared to the industry median CAGR of 4.40%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Stylam Industries Ltd?
Promoters hold 56.86% of the Stylam Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Stylam Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 28.7% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Stylam Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 0%0%16.9%12.7%24%24.8%31.9%33.7%27.5%27.1%-
Value Creation
Index
NANA0.2-0.10.70.81.31.41.00.9-

Growth Parameters

Sales 004614624806599529141,0251,1291,173
Sales YoY Gr.-NANA0.3%3.8%37.5%44.4%-4%12.1%10.2%-
Adj EPS 002317.432.335.756.575.771.987.2100.2
YoY Gr.-NANA-24.2%85%10.8%58.3%33.8%-5%21.3%-
BVPS (₹) 00109.5120.5153.1186.5243.1316.4387.9476.1504.6
Adj Net
Profit
003929.554.760.595.8128122148170
Cash Flow from Ops. 0028.565.978.95.966.2113107177-
Debt/CF from Ops. 006.61.80.813.40.700.30.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA18.7%5.9%10.2%
Adj EPS NA22%15.5%21.3%
BVPSNA25.5%25.1%22.8%
Share Price 28.4% 26.7% 30.3% 111.5%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
002115.223.62126.32720.420.220.4
Op. Profit
Mgn %
0017.417.220.715.716.320.118.119.620.2
Net Profit
Mgn %
008.56.411.49.210.11411.913.114.5
Debt to
Equity
0010.60.20.30.100.10-
Working Cap
Days
00014614613912013714615478
Cash Conv.
Cycle
000898483819810610657

Valuation of Stylam Industries - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales4614624806599529141,0251,129
Operating Expenses + 381383381556797730840909
Manufacturing Costs50555063908490102
Material Costs260249247376531474557604
Employee Cost 3038385569758496
Other Costs 4041466210896109107
Operating Profit 808099104155184185221
Operating Profit Margin (%) 17.3%17.2%20.6%15.7%16.3%20.1%18.1%19.5%
Other Income + 21181677
Exceptional Items 0-15000000
Interest 1111688344
Depreciation 1821232320222421
Profit Before Tax 52337181128164165203
Tax 1315161932364353
Profit After Tax 3919556196128122150
PAT Margin (%) 8.4%4.1%11.5%9.3%10.1%14.1%11.9%13.3%
Adjusted EPS (₹)22.911.132.535.956.675.872.188.5
Dividend Payout Ratio (%)0%0%3.80%7%0%3.30%0%0%
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 186204259316412536657807
Share Capital 88888888
Reserves 177196251308404528649798
Debt +1709443653703629
Long Term Debt98362191000
Short Term Debt725921563603629
Minority Interest00000000
Trade Payables2736515840384682
Others Liabilities 5661545049323861
Total Liabilities 438395407489538606778979

Fixed Assets

Net Fixed Assets +184195188179172175177201
Gross Block252283297310323347373413
Accumulated Depreciation6888109131151172195213
CWIP 13110013283221
Investments 11111000
Inventories666772133160145185218
Trade Receivables798799119126161204208
Cash Equivalents 2615927745169
Others Assets 9227324940497862
Total Assets 438395407489538606778979
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 286679666109107177
PBT 52497181128164165203
Adjustment 2629272023212320
Changes in Working Capital -416-2-71-59-33-366
Tax Paid -9-17-17-19-26-43-44-52
Cash Flow From Investing Activity + -5319-5-30-12-36-126-156
Capex -459-6-14-17-14-107-183
Net Investments -7101-164200
Others 0-0-000-24-1927
Cash Flow From Financing Activity + 22-80-6417-36-4-4-3
Net Proceeds from Shares 00000000
Net Proceeds from Borrowing 35-58-23-15-13-100
Interest Paid -8-9-3-3-3-2-4-3
Dividend Paid 00000000
Others -5-14-3735-20000
Net Cash Flow -259-61869-2318
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)20.929.6823.8321.2326.3627.0920.4220.47
ROCE (%)16.912.7323.9924.7631.8933.6627.527.05
Asset Turnover Ratio1.051.111.21.471.851.61.481.29
PAT to CFO Conversion(x)0.723.471.440.10.690.850.881.18
Working Capital Days
Receivable Days62.5065.7070.8060.2046.9057.306566.60
Inventory Days52.5052.5052.7056.7056.1060.9058.8065.20
Payable Days38.4046.1064.4053.2033.6029.9027.6038.80

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Announcements

Stylam Industries Ltd FAQs

The current trading price of Stylam Industries on 24-Aug-2026 16:59 is ₹3,568.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Aug-2026 the market cap of Stylam Industries stood at ₹6,047 Cr

The latest P/E ratio of Stylam Industries as of 23-Aug-2026 is 35.70.

The latest P/B ratio of Stylam Industries as of 23-Aug-2026 is 7.07.

The 52-week high of Stylam Industries is ₹4,160.3 and the 52-week low is ₹1,575.2.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Stylam Industries is ₹1,173 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Stylam Industries Ltd is a average quality company.

The key valuation ratios of Stylam Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Stylam Industries Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Stylam Industries Ltd

Golden Laminates Limited started as a private limited concern in 1991. It manufactures decorative laminated sheets for both home and industry use the company is charting a phenomenal growth pattern.

The company initially engaged in the manufacture of luxury grade decorative laminated sheets for both home and industry use, has now started manufacturing industrial as well as advanced grade laminates i.e. Postforming and Antistatic laminates under the brand name StYLAM.

Exports are already being done in more than 40 countries in the Asia, Africa, Latin & North America, Middle East and Europe, while exclusive supply contracts with foreign manufacturers takes care of the imports.

They had started with the manufacture of high pressure decorative laminates but over the years with the backing of experienced staff and good infrastructure they have developed many products like paper based industrial laminates used by the PCB manufacturers, piano manufacturers, and in the electric industry.

Golden Laminates Limited (GLL) is a public limited company listed on three stock exchanges of India and is managed by Board of Directors.The present installed capacity of GLL is more than 3.5 million sheets of laminates.  GLL manufactures laminates in the size of 1220mm x 2440mm, 1225mm x 2500mm, 1300 x 2800mm, 1300mm x 3050mm in thicknesses ranging from 0.5 mm to 20.0 mm in different finished such as gloss, matt, suede & texture etc. in more than 600 designs.

GLL has imported moulds of various finishes from France and Germany. The sanding of the laminates is done on the sanding machine imported from IMEAS s.p.a., Italy, one of the best manufacturers of sanding machines in the world.

The company has an ultra modern plant at Panchkula near the City Beautiful, Chandigarh, in North India. Quality being at the core of operations (latest sophisticated moulds of various finishes have been imported from France & Germany), GLL has been certified an ISO 9001:2000 Company and also been recognized as Export House by Government of India.

With an experienced marketing team at the helm of affairs and a team of qualified professionals overseeing the day to day activities, Golden Laminates is rapidly covering the road of success.

Product range of the company includes:

  • High Pressure Decorative Laminates - Golden Laminates Limited is manufacturing High Pressure Laminates designed for both horizontal and vertical applications where appearance, durability, resistance to stains and heat upto 275°F is required. Being substitute to wood, these products contribute to environment preservations as well as offer a more practical alternative for decor and electrical fittings etc.     - Post Forming Grade      - Compact      - Fire Retardant
  • Industrial Laminates Paper Based - Golden Laminates Unclad Industrial Laminates for wide-ranging electronic and electrical applications.Industrial Laminates Fabric Based.
  • Phenolic Becker - Phenolic becker sheets are manufactured by using Kraft paper as reinforcement with specially formulated Phenolic resin as bonding media. These sheets are used as backup material for drilling in circuit boards. There is no chipping while drilling with a drill bit as low as 0.3mm in diameter, making these sheets perfect for PCB drilling.

Subsidiary: Golden Chemtech Ltd- Golden Chemtech Ltd., Ramgarh was incorporated in the year 2000. The company presently manufactures basic grade of adhesives for application in furniture industry but plans to manufacture whole range of adhesives as per the needs of manufacturing sector all over the world.

Achievements/ recognition:

  • An ISO 9001 Company.
  • Golden Laminates Limited (GLL) is a public limited company listed on three stock exchanges of India.
  • Recognized as Export House by Government of India.
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