Q3FY18 Results: Stylam Industries posts stable numbers
Stylam Industries 'standalone revenue for the quarter came in at Rs. 81.87 crore, registering 12.9 per cent yoy increase.
EBITDA for the quarter rose by 13.8 per cent yoy to Rs. 10.92 crore with a corresponding margin expansion of 10 bps. EBITDA margin for the quarter stood at 13.3 per cent.
The PAT for the quarter came in at Rs. 4.53 crore, yoy increase of 11.3 per cent. This was due to jump in other income to Rs. 1.07 from Rs. 0.41 crore in corresponding quarter.
Stylam Industries Limited is principally engaged in offering laminates. The company's products include high pressure laminates, door skins, adhesives, VIOLAM-decorative laminates, FASCIA-exterior cladding, WALKON-exterior floor boards and quality credentials. Its high pressure decorative laminates constitute decorative design papers and absorbent kraft paper impregnated with melamine and phenolic resins respectively.