Quarter Ended: March 2026
Stylam Industries Limited – Q4 FY26 Results
NSE
stylamind
BSE
526951
Stylam Industries delivered another strong quarter with healthy revenue growth, margin stability, robust operating cash flow, and a stronger balance sheet.
key financial highlights
- Revenue from Operations:
- Revenue (Q4 FY26): ₹28,294.88 Lakhs
- QoQ Change: +4.42%
- YoY Change: +6.66%
- Previous Quarter (Q3 FY26): ₹27,096.14 Lakhs
- Previous Year (Q4 FY25): ₹26,527.63 Lakhs
- Revenue (Q4 FY26): ₹28,294.88 Lakhs
- Profit After Tax (PAT):
- PAT (Q4 FY26): ₹3,824.54 Lakhs
- QoQ Change: -16.89%
- YoY Change: +29.35%
- Previous Quarter (Q3 FY26): ₹4,601.55 Lakhs
- Previous Year (Q4 FY25): ₹2,958.21 Lakhs
- PAT (Q4 FY26): ₹3,824.54 Lakhs
- QoQ Performance
- Revenue Trend: Improving
- Profit Trend: Moderately Weak

Margin Analysis
Drivers:
- Higher employee benefit expenses
- Increase in depreciation and amortisation costs
- Strong operating leverage
- Better inventory management over yearly basis
- Stable finance costs
Insight:
- Despite sequential pressure on profitability, the company maintained healthy operating margins and strong annual earnings growth
Segment insight
Summary:
- Stylam Industries continues to operate as a premium decorative surface and laminates manufacturer with export-oriented growth focus.
Charcateristics:
- Export-driven business model
- Premium laminates positioning
- Manufacturing expansion focus
- Strong operating cash conversion
Earning quality check
Drivers:
- Operating cash flow rose sharply YoY
- Strong working capital generation
- Higher operating profits
- Healthy cash conversion from earnings
- Controlled debt profile
Interpretations:
- The company’s earnings quality remains strong as profitability is supported by robust operating cash flows and balance sheet improvement
balance sheet Analysis
- Total Assets: ₹97,928.82 Lakhs
- Total Liabilities: ₹15,204.60 Lakhs
Insight:
- Stylam significantly expanded its asset base during FY26, primarily through capital work-in-progress and fixed asset additions, indicating ongoing expansion activity.
key risks
- Rising employee costs
- Export market slowdown
- Raw material price volatility
- Margin pressure from expansion phase
- Working capital intensity
management strategy signals
Focus Area:
- Capacity expansion
- Export market growth
- Manufacturing scale enhancement
- Operational efficiency
- Cash flow strengthening
Financial metrics table
| Particular | Q4 FY26 | Q.O.Q | Y.O.Y |
|---|---|---|---|
| Revenue | ₹28,294.88 Lakhs | +4.4% | +6.66% |
| PBT | ₹5,193.67 Lakhs | -12.39% | +37.67 |
| PAT | ₹3,824.54 Lakhs | -16.89% | +29.35% |
Stylam Industries delivered another strong quarterly and annual performance with healthy revenue growth, robust profitability expansion, and excellent operating cash generation.
The company is actively expanding capacity and strengthening manufacturing infrastructure, which increased asset base significantly during FY26. While short-term margin pressures emerged due to higher employee and operating costs, overall business momentum remains positive with strong earnings quality and healthy balance sheet strength.
Official Exchange Filing: Stylam Industries Limited
Quarterly Performance Context
FISCAL YEAR
2025-2026
AUDIT STATUS
REVIEWED