Stylam Industries Q2 FY27 Results: Consolidated Net Profit ₹42.35 Crore on Total Income of ₹345 Crore

Summary

Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.

Total income rose 17.5% YoY to ₹344.79 crore, while net profit rose 13.4% to ₹42.35 crore. Profit grew more slowly than income, and profit before tax rose only 9.1%. Net profit margin eased from 12.73% to 12.28%.

Other income was ₹4.21 crore against ₹0.92 crore a year earlier, and is 7.6% of profit before tax of ₹55.46 crore. Revenue from operations of ₹340.52 crore rose 16.5%, so the two lines show different rates of growth over the year. Finance costs fell to ₹0.87 crore from ₹1.87 crore a year earlier, or 0.3% of total income.

Against the prior quarter, net profit fell 12.1% from ₹48.16 crore while total income rose 5.2%. The filing says commercial production began at a new laminate plant at Manak Tabra, Panchkula, with effect from 22 Sep 2026, so only about a week of the quarter falls after that date. The filing does not give the plant's effect on revenue or profit.

Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.

Standalone figures track the consolidated ones closely. Total income of ₹344.78 crore is up 17.5% YoY, and net profit of ₹42.33 crore is up 13.4%.

Standalone tax expense was ₹13.11 crore, down 2.8% from ₹13.48 crore, and equal to 23.6% of profit before tax of ₹55.44 crore. Standalone other income of ₹4.25 crore is 7.7% of profit before tax. Standalone basic EPS was ₹24.92 against ₹22.76 a year earlier.

The board approved a sub-division of each equity share of face value ₹5 into five shares of face value ₹1. The filing says the split is meant to enhance liquidity and encourage participation of small investors. The paid-up share count would rise from 16,948,060 to 84,740,300 shares after the split. The split needs approval by equity shareholders through postal ballot and regulatory approvals; the record date will be set after that approval.

The statutory auditors expressed an unmodified opinion on the results. The filing says segment reporting is not required under Ind AS 108, and that the company has not discontinued any operations during the period.

Inference

The filing states that the split and the change to Clause V of the Memorandum of Association are subject to shareholder approval through postal ballot. The date of the postal ballot and the record date are not stated.

The filing does not say what effect the new Manak Tabra plant will have on future revenue or profit, nor why standalone revenue from operations rose as it did beyond the plant start.

Reference: Original filing (PDF)