The call ran from 2:31 PM to 3:20 PM IST (49 min).
Key takeaways
Stylam reported strong volume growth but faced significant EBITDA margin pressure due to escalating ocean freight and energy costs.
| Management target | Revenue FY28 |
|---|
| Revenue growth | Export realization up 19% per kg; domestic market undergoing complete revamp. |
|---|---|
| Margins | EBITDA margins fell to 18% on high freight and petcoke costs. |
| Order book | Export order book remains healthy despite Middle East shipping delays. |
| Demand visibility | Strong export demand; domestic recovery expected in Q3 and Q4. |
| Management confidence | Confident in volume growth despite acknowledging significant external margin headwinds. |
Growth
H1 sheet volumes grew 19% to 6.96 million, though margin dropped to 18% from 21% YoY.
Outlook
New plant expected to contribute ₹250-300 Cr revenue this fiscal year with 60-70% utilization by FY28.
Risks
Geopolitical volatility in the Middle East and rising crude-linked raw material prices threaten near-term profitability and logistics.
Last quarter's promises, checked
Partly delivered
- Commercial production by 1 Sep 2026 → 'fully operational' reported, start date undisclosed (= PARTIAL)
- ₹250–300 Cr new-plant revenue this FY → reiterated, not yet due (= PARTIAL)
- 25–30% year-1 utilisation → no year-1 figure disclosed (= PARTIAL)
Missed
- 19–20%+ EBITDA margin → 18% reported (= MISS)
- Major capex announcement guided for this quarter → deferred past Sept; none in results (= MISS)
Summary by ALFA Finder, written with AI assistance from our own recording of the call, published . Open it on ALFA Filings ›
The results behind this call
Stylam Industries Q2 FY27 Results: Net Profit ₹42.3 Cr, Up 13.4% YoY
Stylam Industries Ltd reported revenue from operations of ₹340.5 Cr (+16.5% YoY) and net profit of ₹42.3 Cr (+13.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹42.3 Cr · +13.4% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
New plant expected to contribute 250-300Cr revenue in FY27 at 30% capacity utilization. Overall 15% export growth targeted.
Growth they described
Margins expanded to 21% via operating efficiencies and lower expenses despite lower exports; domestic revenue remains flat at 300Cr for four years.
Call details
| Company | Stylam Industries Ltd |
|---|---|
| NSE symbol | STYLAMIND |
| ISIN | INE239C01020 |
| Call | Q2 FY27 earnings call |
| Date | Wednesday, 4 November 2026 |
| Time | 2:30 PM IST |
| Length | 49 min |
| Audio | Our stream on YouTube ↗ |
Stylam Industries Ltd: key numbers
- Share price
- ₹2,980.00
- Market cap
- ₹5,051 Cr
- Revenue (annual)
- ₹1,129 Cr
- Net profit (annual)
- ₹149.9 Cr
- P/E (TTM)
- 28.9×Sector 40.2×
- Promoter holding
- 56.86%+0.00% QoQ
- FII holding
- 2.62%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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