Stylam Industries has reported audited standalone and consolidated financial results for the fourth quarter and full year ended March 31, 2026. The company's Board of Directors approved the results at its meeting held on May 07, 2026, with statutory auditors Mittal Goel & Associates issuing an unmodified audit opinion on both standalone and consolidated financials. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company also filed an investor presentation on the audited financial results for Q4 and the year ended March 31, 2026, with the stock exchanges on May 07, 2026. On a year-on-year basis, Q4 EBITDA improved to 552M rupees from 429M rupees, with the EBITDA margin expanding to 19.5% from 16.19%, reflecting stronger operational efficiency. Q4 revenue stood at 2.8B rupees compared to 2.65B rupees in the same period last year.

Standalone Q4 and Full-Year Performance

On a standalone basis, Stylam Industries delivered a robust improvement in profitability across both the quarter and the full year. The following table presents the key standalone financial metrics:

Standalone revenue from operations for the full year grew to ₹1,12,929.39 lakh from ₹1,02,508.95 lakh in the prior year. Total expenses on a standalone basis stood at ₹93,313.62 lakh for FY26 compared to ₹86,768.94 lakh in FY25, with cost of materials consumed at ₹61,399.81 lakh and employee benefits expense at ₹9,593.30 lakh for the year.

Consolidated Q4 and Full-Year Performance

The consolidated results, which include wholly-owned subsidiary Stylam Panels Limited, reflect a similar trajectory of growth. Key consolidated financial metrics are presented below:

Key Q4 Operational Highlights

The latest quarterly data underscores a meaningful improvement in operating performance. The table below summarises the key Q4 EBITDA metrics on a year-on-year basis:

Standalone Balance Sheet Highlights

As at March 31, 2026, the standalone balance sheet reflects significant asset expansion, primarily driven by capital investments. The following table summarises key balance sheet positions:

Standalone Cash Flow Summary

The standalone cash flow statement for the year ended March 31, 2026 highlights strong operating cash generation alongside significant capital investment activity:

Purchase of fixed assets during FY26 stood at ₹19,185.53 lakh, reflecting the company's ongoing capacity expansion programme.

Capacity Expansion and Regulatory Disclosures

Stylam Industries is expanding its manufacturing capacity with a new plant in Panchkula, Haryana, which will be its third laminates plant. Operations at the new facility are expected to commence in June 2026, with construction progressing well. The company has maintained a debt-free non-current borrowings position as at March 31, 2026, with long-term borrowings reported at nil on both standalone and consolidated bases. The paid-up equity share capital remained unchanged at ₹847.40 lakh, comprising shares of ₹5 face value each. The investor presentation filed under Regulation 30 was submitted by Company Secretary & Compliance Officer Dhiraj Kheriwal on May 07, 2026.

Stylam Industries Limited has announced the completion of its postal ballot process and the declaration of results under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted the scrutinizer's report to BSE Limited and National Stock Exchange of India Ltd on April 29, 2026, confirming that all five resolutions put to vote were passed with requisite majority through the remote e-voting mechanism.

Voting Process Overview

The postal ballot was conducted in accordance with Section 110 of the Companies Act, 2013 and the Rules made thereunder. The remote e-voting period remained open from March 30, 2026 (09:00 hours IST) to April 28, 2026 (17:00 hours IST). The record date for determining shareholder eligibility was March 20, 2026, on which date the company had 33,990 shareholders on its records. MUFG Intime India Private Limited was appointed as the agency for providing the e-voting platform.

Resolution Results Summary

The scrutinizer, Sanjiv Kumar Goel, Practicing Company Secretary, reported that all five resolutions received approval from shareholders. The total votes polled across all resolutions stood at 11,437,445, representing 67.49% of outstanding shares. The detailed voting results for each resolution are as follows:

Category-wise Voting Breakdown

The voting participation varied across different shareholder categories. Promoter and Promoter Group, holding 9,169,952 shares, participated fully with 100% voting through e-voting. Public Institutions, holding 2,716,117 shares, polled 2,127,947 votes (78.35% participation). Public Non-Institutions, holding 5,061,991 shares, polled 139,546 votes (2.76% participation). All categories voted predominantly in favour of the resolutions, with Public Institutions showing significant opposition to the appointment of the independent director.

Corporate Governance Compliance

The company ensured compliance with all regulatory requirements throughout the postal ballot process. Newspaper advertisements regarding the Postal Ballot Notice were published in The Financial Express (English) and Jansatta (Hindi) on March 28, 2026. A corrigendum was issued on April 21, 2026, to inform members about a typographical error in the Special Business mentioned at Item No. 2 of the Notice. The votes cast by members were unblocked on April 28, 2026, at 05:04 P.M. in the presence of two witnesses not in the employment of the company.