STYLAMINDNSE20 July 2022

Stylam Industries Limited has informed the Exchange about Investor Presentation

Stylam Industries Limited

Ref . No. Sl L/C HD I 2022-2312007 2022 Daled. 20.07 .2022

BSE Limited (BSE) Corporate Relation Department, Phiroze Jeejeebhoy Tower, 25rh Floor Dalal Street, Mumbai-400001

The Manager, Listing Department, National Stock Exchange of lndia Ltd (NSE) Exchange Plaza, C-1 , Block G, Bandra Kurla Complex, Bandra,Mumbai-400051

BSE Scrip: 526951

Trading Symbol: STYLAMIND

Sub:- Investor Presentation for lhe q uarter en(led Junr J0. 2022

Dear Sir Mada m

Pursuant to Regulation 30 olthe securities and Exchange Board of lndia (Listing obligations and Disclosure Requirements) Regulations, 2015. Please find enclosed the presentation for the quarter ended June 30th,2022.

You are requested to please take above information on your record

Th a n king You,

For Stylam lndustries Limited

5(!.11. Sactor'7c, t4.dhr. i,trq

Sa njeev Kumar Sehgal Company Secretary and Complianc'! Officer

Stylam lnduitries Limitcd Regd. of6ce: Sco l4, Sector TC, Madhya Marg, chandigarh (tNDtA)-160019,Tt +91-'t72-5021555/5021666, F: + 91-172-50214g5 works l: Plot No. wotks ll: Village Manak rabra towards Raipur Rani, Mattewala chowk, Distt. panchkula (Haryana) wr www.stylam.com, clN:12021 lcH l991pLcol 1732 (Go!t. of lndia recognised star Export ilouse)

'192-193, lndustrialArea Phase-I, Panchkula (Haryana) INDIA - 134109, T: +91-172-2563907 /2565387

S T Y L A M I N D U S T R I E S L I M I T E D

I N V E S T O R P R E S E N T A T I O N

Q 1 F Y 2 3 –

J u l y 2 0 2 2

Table of Contents

C O R P O R A T E O V E R V I E W

P R O D U C T P O R T F O L I O

I N F R A S T R U C T U R E & P R E S E N C E

M A R K E T I N G I N I T I A T I V E S

C E R T I F I C A T I O N S & A W A R D S

F I N A N C I A L U P D A T E S

V I S I O N 2 0 2 5

S H A R E H O L D E R S V A L U E C R E A T I O N

Stylam Industries Limited

Corporate Overview

•

Stylam Industries is the one of the fastest growing companies in the high-quality decorative laminates and allied products industry.

• We operate Asia’s largest single location laminate manufacturing plant with a diverse product portfolio, catering to a wide range of customer preferences, built with over 30 years of experience in the industry.

• We are a pioneer in India for introducing the PU+ Lacquer Coating process thereby producing high quality, high value-add laminate finishes. Apart from laminates, we have state of the art technologies and manufacturing facilities for Solid Acrylic Surfaces and Panels.

• We also diversified into a new segment and added a short cycle press capacity for lamination

of impregnated paper on Medium Density Fiber (MDF) panels.

• About two-third of our revenues are derived from exports to over 65 countries; the balance

being derived from our presence across the Indian subcontinent.

Stylam Industries Limited

Diversified Product Portfolio (1/3)

Stylam laminates have set benchmarks in the past because of the unique design range and consistently high quality.

FASCIA brings a unique façade system, manufactured using special quality resins, thereby providing effective weather protection.

CUBOID - modular restroom and locker cubicle systems. The range has been crafted with the finest materials and highest quality of fixtures and fittings.

Marvella Solid Surfaces; the perfect recipe for an exquisite décor. These surfaces offer unseen and spellbinding patterns along with long-lasting sturdiness.

Anti-Fingerprint Laminates are used in the most demanding interior design applications. A unique technology during manufacturing ensures that finger marks are almost never visible.

GLOSSPRO+ Laminates are crafted with State-of-the-art machines having a cutting- edge German Technology. The brilliance of gloss shall stay through years without any signs of wearing out.

Granex Solid Surfaces is an extremely versatile product - tough, durable, non-porous and repairable, that can be customized to integrate seamlessly.

ANTI-BACTERIAL & ANTI-FUNGIE LAMINATES

Anti-bacterial & Anti-fungie Laminates are intended for applications where there is a need for additional protection on the surfaces against bacteria/fungie.

Stylam Industries Limited

Diversified Product Portfolio (2/3)

What makes UNICORE unique is the identical colour of the decorative surface and its core layers as well.

Digital Laminates have just the features everyone has needed. A whole new world of creative and quality laminates among customized designs.

Stylam Synchro Laminates have the real feel of wood and an elegant natural look while carrying all advantages of a laminate.

Plus Guard Stylam Laminate provides a highly durable surface in lab conditions and has better abrasion and scratch resistance.

SYNCHRO LAMINATES

CHEMICAL RESISTANT LAMINATES

POST FORMING LAMINATES

MAGNETIC LAMINATES

MIRROR SHIELD LAMINATE

CHALK BOARDS & MARKER BOARDS

Post Forming Laminates enhance the decorative property of the edges of any regular laminate by ensuring no seams around the corners and a smooth, evenly laminated surface.

Magnetic Laminates have a strong magnetic effect and can be written on with chalks or special board markers. They are ideal for a wide variety of applications.

Mirror laminates are considered ideal for adding flair to light duty, horizontal or vertical applications. They can be used on walls, furniture, retail fixtures, signages, exhibits and display areas.

Chalkboard Laminate is the perfect solution for any space or application that demands a durable and affordable writing surface.

Stylam Industries Limited

Diversified Product Portfolio - Multiple Applications (3/3)

Stylam Industries Limited

Manufacturing Infrastructure: One of the largest in Asia (1/2)

Stylam Industries Limited

Manufacturing Infrastructure: State of the Art Facilities (2/2)

• Stylam operates one of the largest single location laminate manufacturing plants in Asia,

spread across 44 acres having an annual capacity of 14.3 mn sheets.

• We are a Global Pioneer for the ‘Hot Coating Process’ of PU+ Lacquer coating on thin laminates. This one-of-a-kind Hot Coating Process machine is made with a patented technology by KLEIBERIT and BARBERAN.

• We are also a Pioneer in India for Solid Acrylic Surfaces, setting up the first production line to

manufacture these products in India.

• We recently received a Certification from NSF International, USA for our Solid Acrylic Surface

products.

• Over 1,200 employees devote themselves to Stylam and its vision with a smile daily.

Stylam Industries Limited

Strong Global & Domestic Presence

Well penetrated globally as well as a wide domestic presence

Global presence in over 65 countries across Europe, Middle & Far East, the Americas (North and South), Asia, Africa and other geographies;

Increasing domestic presence across the country.

Stylam Industries Limited

Marketing Initiatives

Stylam Industries Limited

1 0

Recent Certifications

• Stylam’s status has been upgraded to “Three Star Export House” from the earlier

“Two Star Export House” as per the Foreign Trade Policy provisions.

• NSF International, USA recognized and certified Stylam authorizing the

Company to bear the NSF mark.

• Our Company is certified under the AEO programme (Authorized Economic

Operator) by the Indian Customs.

Stylam Industries Limited

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Awards & Recognitions

“Over the last three decades we have strived to achieve our dream which has been a constant endeavor. We aim to improve each day and these recognitions motivate us to aim higher and perform better.”

The ISO 9001:2015 certification is a hallmark of integrity, quality and reliability. The design and efficiency of the laminates have earned us the CE Marking Award.

Stylam takes pride in being recognized as:

Export House by the Government of India, meeting all the quality, safety and green standard requirements while operating as a responsible corporate citizen.

Recognised by Financial Times and Statista as one of the FT 1,000 High-

Growth Companies Asia-Pacific 2018.

Honored with the Power Brands Rising Star Award 2016.

Honoured by the Renewable Energy Department for commendable work in

adopting energy conservation measures under the L.T. Industry Category.

Stylam Industries Limited

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Summary Financial Performance (Consolidated)

(₹ crore)

Net Revenue

EBITDA

PAT

(₹ crore)

Net Revenue

EBITDA

PAT

Stylam Industries Limited

Q1FY23

Q2FY23

Q3FY23

Q4FY23

YTD FY23

235

Q1FY22

Q2FY22

Q3FY22

Q4FY22

FY22

131

172

177

180

659

104

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Quarterly Sales Performance

172

104

177

114

131

235

169

180

111

Q1FY22

Q2FY22

Q3FY22

Q4FY22

Q1FY23

Domestic

Exports

Figures in ₹ crore unless mentioned otherwise

Stylam Industries Limited

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Profit and Loss (Consolidated)

(₹ crore)

Net Revenue

Material Consumption

Contribution

Contribution Margin (%)

Employee Expenses

Other Expenses

EBITDA

EBITDA Margin (%)

Other Income

Finance Costs

Depreciation and Amortization

Less: Exceptional Items

PBT

PBT Margin (%)

Tax Expense

PAT

PAT Margin (%)

Sheets Sold (# mn)

Stylam Industries Limited

Q1FY23

Q4FY22

Q1FY22

YTD FY23

235

134

101

43.1

15.0

11.7

8.9

2.7

180

107

40.4

11.1

10.7

8.9

2.3

131

47.2

20.0

14.6

10.6

1.8

235

134

101

43.1

15.0

11.7

8.9

2.7

FY22

659

376

284

43.0

125

104

15.7

12.2

9.2

9.1

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Balance Sheet (Consolidated)

ASSETS (₹ crore)

Q1FY23

Fixed assets

Capital work in progress

Investment in property

Other non-current assets

Total non-current assets

Inventory

Trade receivables

Cash and bank

Other current assets

Total current assets

Total assets

174

187

151

144

372

559

FY22

179

183

133

119

306

489

LIABILITIES (₹ crore)

Q1FY23

FY22

Equity share capital

Other equity

Net Worth

Long term borrowings*

Short term borrowings

Total Debt

Trade payables

Other current liabilities

Other non - current liabilities

Total liabilities

Total equity and liabilities

329

337

128

559

308

316

489

Note - *Long Term Borrowings include current maturities

Stylam Industries Limited

1 6

Historical Sales Performance

338

230

108

FY18

460

302

158

FY19

462

308

154

FY20

Figures in ₹ crore unless mentioned otherwise

Stylam Industries Limited

Exports

Domestic

480

332

148

FY21

659

421

238

FY22

1 7

Margin Profile

17.3%

17.2%

15.5%

14.5%

20.6%

104

15.7%

FY17

FY18

FY19

EBITDA

FY20

FY21

FY22

EBITDA Margin

Figures in ₹ crore unless mentioned otherwise

Stylam Industries Limited

1 8

Balance Sheet Transformation

183

146

126

186

187

204

112

FY17

FY18

FY19

Net Worth

FY20

Net Debt

260

FY21

316

FY22

Figures in ₹ crore unless mentioned otherwise

Stylam Industries Limited

1 9

Improving Return Profile

21.3%

19.7%

19.3%

17.4%

17.3%

12.7%

FY20

FY21

FY22

RoE

RoCE (post-tax)

Note – RoE and RoCE for FY20 has been computed without considering exceptional item for better comparison;

Stylam Industries Limited

2 0

Review of Financial Performance (Q1FY23)

•

Stylam maintained its strong performance in the first quarter with sales of INR 235 crore, implying 79.6% YoY growth.

Sales growth during the quarter was backed primarily by exports, which were INR 169 crore (83.9% YoY growth). Further, domestic sales also witnessed significant uptick, clocking sales of INR 66 crore (69.4% YoY).

The Company sold 2.7 million laminate sheets during the first quarter of Q1FY23 (vs. 1.8 million in Q1FY22; a 49.5% YoY growth). Per sheet average realizations vary based on the product mix during the period.

• Contribution margin has improved from the previous quarter and now stands at 43.1% for Q1FY23 (vs. 40.4% in Q4FY22). Further, EBITDA for the quarter stood at INR 35 crore. In terms of margins, it stood at 15.0% (vs. 11.1% in Q4FY22 and 20.0% in Q1FY22).

•

Stylam has improved its working capital despite adversities; the cycle stands at 75 days for the first quarter (vs. 97 days for Q4FY22).

• Net debt stood at INR 91 crore as on 30th June 2022. Net worth stands at INR 337 crore.

Stylam Industries Limited

2 1

Vision 2022-2025

•

The company has reached about 80% capacity utilization level in the laminates division. We have now started modular expansion at the existing facilities that will increase our capacity by up to 40%. This will entail a total Investment of INR 40 Cr.

• Board also reviewed the progress made on plywood project and decided to put the same on hold

and prioritize the laminates capacity expansion.

•

Improve and enhance share of value-add products in the product mix as well as expanding the product range.

• Strengthen domestic presence with a deeper reach and penetration and creation of a strong brand.

• Expand coverage across newer exports regions along with increasing business with existing partners.

•

To be a net debt free Company.

Stylam Industries Limited

2 2

Value Creation for Shareholders

1,486

1,363

• During

Q4FY21,

Company completed its sub-division of shares (i.e. share split).

the

• One share with Face Value INR 10 was

split into two shares of INR 5 each.

•

The total outstanding shares of the company increased from 84,74,030 to 1,69,48,060.

Q1FY22

Q1FY23

Market Capitalization (₹ crore)

Stylam Industries Limited

2 3

Safe Harbor Statement

This presentation and the accompanying slides (the “Presentation”), which have been prepared by Stylam Industries Limited (the “Company”), have been prepared solely for information purposes and DOES not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis of or be relied on in connection with any contract or binding commitment whatsoever. The Presentation is not intended to form the basis of any investment decision by a prospective investor. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.

This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, reliability or fairness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of or any omission from, this Presentation is expressly excluded. In particular, but without prejudice to the generality of the foregoing, no representation or warranty whatsoever is given in relation to the reasonableness or achievability of the projections contained in the Presentation or in relation to the bases and assumptions underlying such projections and you must satisfy yourself in relation to the reasonableness, achievability and accuracy thereof.

Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the wind power industry in India and world-wide, the Company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections.

No responsibility or liability is accepted for any loss or damage howsoever arising that you may suffer as a result of this Presentation and any and all responsibility and liability is expressly disclaimed by the Management, the Shareholders and the Company or any of them or any of their respective directors, officers, affiliates, employees, advisers or agents.

Stylam Industries Limited

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T H A N K Y O U

REGISTERED OFFICE: SCO 14, Sector-7C, Chandigarh Plant 1: Plot No. 191, Industrial Area-1, Panchkula, Haryana Plant 2: Village Manak Tabra, Ramgarh-Raipur Rani Road, Distt. Panchkula, Haryana Website: www.stylam.com

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Stylam Industries Limited has informed the Exchange about Investor Presentation

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