Stylam Industries reported a 70.4% year-on-year increase in net profit for the first quarter ended June 30, 2026, reaching ₹48.15 crore, driven by robust revenue growth and significant margin expansion. Revenue from operations rose to ₹326.47 crore from ₹282.98 crore in the corresponding period of the previous year, reflecting strong demand and improved operational efficiency. The Board of Directors approved the unaudited standalone and consolidated financial results during a meeting held on July 22, 2026, signaling continued confidence in the company’s growth trajectory amid capacity expansion initiatives.

Q1FY27 Financial Performance

The company demonstrated strong top-line and bottom-line growth in Q1FY27. Net profit stood at ₹48.15 crore compared to ₹28.25 crore in Q1FY26. Total income from operations increased to ₹327.67 crore from ₹283.74 crore in the year-ago quarter. EBITDA improved to ₹68.90 crore from ₹52.94 crore, with the EBITDA margin expanding to 21.10% from 18.71%, highlighting effective cost management and pricing power.

The following table summarises the standalone financial results for Stylam Industries:

Operational and Corporate Updates

The unaudited financial results were reviewed by the Audit Committee and approved by the Board pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, Mittal Goel & Associates, issued an unmodified limited review report on both standalone and consolidated results, confirming compliance with Ind AS 34 and SEBI listing norms. The consolidated results include the performance of the wholly-owned subsidiary, Stylam Panels Limited.

In a disclosure regarding its expansion plans, Stylam Industries noted that it is expanding its manufacturing capacity with a new plant in Panchkula, Haryana. This facility will be the company's third laminates plant, with operations expected to commence in August 2026. The construction of the expansion is reported to be progressing well, positioning the company to meet rising domestic demand for high-quality laminates.

Seller Group 1, comprising Pushpa Gupta, Dipti Gupta, and Manav Gupta, has revised disclosures submitted to BSE Limited regarding the transfer of a 27.12% stake in Stylam Industries Limited to Aica Kogyo Company, Limited. The revision was submitted on June 29, 2026, to address discrepancies identified by the exchange and to present shareholding movements on a date-wise and transaction-wise basis. The underlying transactions remain unchanged, with the sellers clarifying that no new transactions have occurred.

The transfer of 45,96,768 equity shares was executed in two tranches. Tranche 1A involved the sale of 16,94,806 equity shares, representing 10% of the paid-up capital, by Pushpa Gupta on February 13, 2026. Tranche 1B involved the sale of 29,01,962 equity shares, representing 17.12% of the paid-up capital, by Pushpa Gupta, Dipti Gupta, and Manav Gupta on February 17, 2026. Following the completion of the second tranche, Seller Group 1 ceased to hold any equity shares in Stylam Industries Limited.

Shareholding Details

The revised disclosures capture the specific shareholding movements of the sellers prior to and following the transactions. The table below details the breakdown of shares sold in Tranche 1B.

Regulatory Classification

Pursuant to the sale of shares, Pushpa Gupta and Dipti Gupta have been de-classified from the 'promoter and promoter group' of Stylam Industries Limited in accordance with Regulation 31A(10) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Manav Gupta, related to the other sellers, was previously classified as a public shareholder. The disclosures were submitted under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.