3 Decorative Laminates Maker, Mid Priced Hotel Chain and Branded Apparel Retailer Stocks With a Strong Future Roadmap: Stylam Industries, Lemon Tree Hotels and Arvind Fashions
- November 2, 2026
- Posted by: Harsh Piplani
- Category: Best Stocks
Stylam Industries, Lemon Tree Hotels and Arvind Fashions: ROE of 13.0% to 18.6% and FY22 to FY26 revenue CAGR of 14.2% to 37.7%. Prices as of 30 Oct 2026.
Quick Answer
The three laminate, hotel chain and apparel stocks to watch are Stylam Industries, Lemon Tree Hotels and Arvind Fashions. Their return on equity ranges from 13.0% to 18.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 14.2% to 37.7%. Stylam Industries has the highest return on equity at 18.6%, while Lemon Tree Hotels has the fastest revenue growth at 37.7% a year. Prices are based on the 30 October 2026 close, and this article is educational, not investment advice.
Laminate, hotel chain and apparel stocks bring together companies with a visible plan for the years ahead. Stylam Industries, Lemon Tree Hotels and Arvind Fashions cover a decorative laminates maker, a mid priced hotel chain and a branded apparel retailer.
This list covers three laminate, hotel chain and apparel stocks with complete current figures: Stylam Industries, Lemon Tree Hotels and Arvind Fashions. Every figure comes from the latest reported financials and the 30 October 2026 market close. Companies without complete current figures were left out.
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What Are Laminate, Hotel Chain and Apparel Stocks?
Laminate, hotel chain and apparel stocks are listed companies that make decorative and compact laminates for furniture and interiors, run mid priced hotels across Indian cities, and sell branded clothing through stores and online. Their earnings depend on interior demand, room occupancy and consumer mood.
Laminate, Hotel Chain and Apparel Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Stylam Industries | 2,742.8 | 5,599 | 33.0 | 36.3 | 18.6 | 0.04 |
| Lemon Tree Hotels | 109.27 | 8,849 | 29.7 | 37.9 | 16.3 | 1.44 |
| Arvind Fashions | 349.7 | 4,847 | 26.0 | 49.5 | 13.0 | 1.42 |
On valuation, all three trade at a P/E below their industry P/E, which means the market is pricing them at a lower multiple than their peer group. Readers comparing laminate, hotel chain and apparel stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain. With the Q2 FY27 results season close, investors in laminate, hotel chain and apparel stocks can use the coming numbers to test whether growth is holding.
Why Do Laminate, Hotel Chain and Apparel Stocks Have a Strong Roadmap in India?
Laminate, hotel chain and apparel stocks have a strong roadmap in India because growing interior spending, steady business travel and a shift toward branded fashion keep widening the market for these lifestyle linked companies.
- Interiors. Furniture makers use more laminates.
- Hotel stays. Mid priced rooms see steady demand.
- Brand shift. Shoppers move toward branded clothing.
Why Stylam Industries Features Among These Laminate, Hotel Chain and Apparel Stocks
Among the laminate, hotel chain and apparel stocks on this list, Stylam Industries makes decorative laminates and compact laminates used in furniture, interiors and construction, and exports to many countries.
Revenue rose from Rs 667 crore in FY22 to Rs 1,136 crore in FY26, a compound annual growth rate of 14.2%. Net profit grew from Rs 61.1 crore in FY22 to Rs 150 crore in FY26, which works out to a compound annual growth rate of 25.1%.
In the June 2026 quarter, revenue grew 15.5% year on year to Rs 328 crore, while net profit rose 70.4% to Rs 48.2 crore. The company has a return on equity of 18.6%, a debt to equity ratio of 0.04 and a market capitalisation of Rs 5,599 crore. The stock trades at a P/E of 33.0, below the industry P/E of 36.3.
Roadmap: The company is among the largest laminate makers in India and is adding capacity and products for both domestic and export markets. Strong export sales and a growing interior market support its growth plans.
What to watch: Monitor export growth and the ramp-up of new capacity.
Why Lemon Tree Hotels Features Among These Laminate, Hotel Chain and Apparel Stocks
Among the interiors and lifestyle shares on this list, Lemon Tree Hotels is one of India’s largest mid-priced hotel chains, operating and managing hotels under the Lemon Tree, Red Fox, Aurika and Keys brands.
In the June 2026 quarter, revenue grew 9.2% year on year to Rs 347 crore, while net profit rose 19.2% to Rs 57.3 crore. Revenue rose from Rs 408 crore in FY22 to Rs 1,465 crore in FY26, a compound annual growth rate of 37.7%.
Net profit grew from Rs 141 crore in FY23 to Rs 288 crore in FY26, which works out to a compound annual growth rate of 27.1%. The company has a return on equity of 16.3%, a debt to equity ratio of 1.44 and a market capitalisation of Rs 8,849 crore. The stock trades at a P/E of 29.7, below the industry P/E of 37.9.
Roadmap: The company is adding rooms mainly through management contracts, which grow its footprint with limited capital outlay. Rising domestic travel and a focus on the mid-priced segment support healthy occupancy.
What to watch: Monitor new room signings and openings and average room rate trends.
Why Arvind Fashions Features Among These Laminate, Hotel Chain and Apparel Stocks
Among the three companies on this list, Arvind Fashions is a branded apparel and retail company that sells brands such as U.S. Polo Assn., Arrow, Flying Machine and Tommy Hilfiger through stores, department stores and online channels.
The company has a return on equity of 13.0%, a debt to equity ratio of 1.42 and a market capitalisation of Rs 4,847 crore. The stock trades at a P/E of 26.0, below the industry P/E of 49.5.
Revenue rose from Rs 3,123 crore in FY22 to Rs 5,307 crore in FY26, a compound annual growth rate of 14.2%. Net profit grew from Rs 109 crore in FY23 to Rs 185 crore in FY26, which works out to a compound annual growth rate of 19.2%. In the June 2026 quarter, revenue grew 14.6% year on year to Rs 1,286 crore, while net profit rose 11.1% to Rs 27.6 crore.
Roadmap: The company is expanding its exclusive brand stores and growing its online sales while adding new brands, which supports revenue growth. Strong licensed brands with loyal customers help repeat demand.
What to watch: Follow same-store sales, store additions and online growth.
Stylam Industries vs Lemon Tree Hotels vs Arvind Fashions on Key Financials
The table below sets the three laminate, hotel chain and apparel stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Stylam Industries | 667 | 1,136 | 14.2% | 150 | 13.2% |
| Lemon Tree Hotels | 408 | 1,465 | 37.7% | 288 | 19.7% |
| Arvind Fashions | 3,123 | 5,307 | 14.2% | 185 | 3.5% |
Stylam Industries posts the highest return on equity in this group at 18.6%. Arvind Fashions has the largest FY26 revenue at Rs 5,307 crore, and Lemon Tree Hotels shows the fastest revenue growth with a 37.7% compound annual rate. A useful habit with laminate, hotel chain and apparel stocks is to check each new quarterly result against the capacity plans the company described earlier.
The June 2026 quarter, the latest reported, gives a fresh read on momentum:
| Company | Q1 FY26 Revenue (Rs Cr) | Q1 FY27 Revenue (Rs Cr) | Year-on-Year Growth |
|---|---|---|---|
| Stylam Industries | 284 | 328 | 15.5% |
| Lemon Tree Hotels | 317 | 347 | 9.2% |
| Arvind Fashions | 1,122 | 1,286 | 14.6% |
Key Risks to Check Before Investing in Laminate, Hotel Chain and Apparel Stocks
Every theme carries risks that deserve a check before any decision. For these laminate, hotel chain and apparel stocks, the main points are: Long-term interiors and lifestyle shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Consumer spending. Sales follow festivals, incomes and consumer mood.
- Travel cycles. Bookings and occupancy follow travel demand.
- Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter laminate, hotel chain and apparel stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Laminate, Hotel Chain and Apparel Stocks
Laminate, hotel chain and apparel stocks suit investors who prefer to study business strength before price moves. Stylam Industries, Lemon Tree Hotels and Arvind Fashions each have a clear plan to grow. Based on the 30 October 2026 close, Stylam Industries trades at Rs 2,742.8, Lemon Tree Hotels at Rs 109.27 and Arvind Fashions at Rs 349.7. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these laminate, hotel chain and apparel stocks to a watchlist.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What are laminate, hotel chain and apparel stocks?
Ans. Laminate, hotel chain and apparel stocks are listed companies that make decorative and compact laminates for furniture and interiors, run mid priced hotels across Indian cities, and sell branded clothing through stores and online. Their earnings depend on interior demand, room occupancy and consumer mood. This list looks at three of them, Stylam Industries, Lemon Tree Hotels and Arvind Fashions, using reported FY22 to FY26 financials and the 30 October 2026 closing prices.
Which laminate, hotel chain and apparel stocks are covered in this list?
Ans. This list covers Stylam Industries, Lemon Tree Hotels and Arvind Fashions. Based on the 30 October 2026 close, Stylam Industries traded at Rs 2,742.8, Lemon Tree Hotels at Rs 109.27 and Arvind Fashions at Rs 349.7. Their return on equity ranges from 13.0% to 18.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 14.2% to 37.7%.
Why do laminate, hotel chain and apparel stocks have a strong future roadmap in India?
Ans. Laminate, hotel chain and apparel stocks have a strong roadmap in India because growing interior spending, steady business travel and a shift toward branded fashion keep widening the market for these lifestyle linked companies. The main drivers are as follows. Interiors. Furniture makers use more laminates. Hotel stays. Mid priced rooms see steady demand. Brand shift. Shoppers move toward branded clothing. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Stylam Industries performed financially?
Ans. Revenue rose from Rs 667 crore in FY22 to Rs 1,136 crore in FY26, a compound annual growth rate of 14.2%. Net profit grew from Rs 61.1 crore in FY22 to Rs 150 crore in FY26, which works out to a compound annual growth rate of 25.1%. In the June 2026 quarter, revenue grew 15.5% year on year to Rs 328 crore, while net profit rose 70.4% to Rs 48.2 crore. The company has a return on equity of 18.6%, a debt to equity ratio of 0.04 and a market capitalisation of Rs 5,599 crore. The stock trades at a P/E of 33.0, below the industry P/E of 36.3. Looking ahead, the company is among the largest laminate makers in India and is adding capacity and products for both domestic and export markets. Strong export sales and a growing interior market support its growth plans.
How has Lemon Tree Hotels performed financially?
Ans. Revenue rose from Rs 408 crore in FY22 to Rs 1,465 crore in FY26, a compound annual growth rate of 37.7%. Net profit grew from Rs 141 crore in FY23 to Rs 288 crore in FY26, which works out to a compound annual growth rate of 27.1%. In the June 2026 quarter, revenue grew 9.2% year on year to Rs 347 crore, while net profit rose 19.2% to Rs 57.3 crore. The company has a return on equity of 16.3%, a debt to equity ratio of 1.44 and a market capitalisation of Rs 8,849 crore. The stock trades at a P/E of 29.7, below the industry P/E of 37.9. Looking ahead, the company is adding rooms mainly through management contracts, which grow its footprint with limited capital outlay. Rising domestic travel and a focus on the mid-priced segment support healthy occupancy.
How has Arvind Fashions performed financially?
Ans. Revenue rose from Rs 3,123 crore in FY22 to Rs 5,307 crore in FY26, a compound annual growth rate of 14.2%. Net profit grew from Rs 109 crore in FY23 to Rs 185 crore in FY26, which works out to a compound annual growth rate of 19.2%. In the June 2026 quarter, revenue grew 14.6% year on year to Rs 1,286 crore, while net profit rose 11.1% to Rs 27.6 crore. The company has a return on equity of 13.0%, a debt to equity ratio of 1.42 and a market capitalisation of Rs 4,847 crore. The stock trades at a P/E of 26.0, below the industry P/E of 49.5. Looking ahead, the company is expanding its exclusive brand stores and growing its online sales while adding new brands, which supports revenue growth. Strong licensed brands with loyal customers help repeat demand.
What risks should investors check before buying laminate, hotel chain and apparel stocks?
Ans. Investors should check a few risks before buying laminate, hotel chain and apparel stocks. Consumer spending. Sales follow festivals, incomes and consumer mood. Travel cycles. Bookings and occupancy follow travel demand. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of laminate, hotel chain and apparel stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 30 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.