
3 Decorative Laminates Maker, Power Cables Maker and Premium Malls Owner Stocks With a Strong Future Roadmap: Stylam Industries, KEI Industries and Phoenix Mills
Stylam Industries, KEI Industries and Phoenix Mills: ROE of 11.1% to 18.6% and FY22 to FY26 revenue CAGR of 14.2% to 31.0%. Prices as of 3 Nov 2026.
Updated: 4 Nov 2026 • 11:12 am
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Quick Answer
The three laminate, power cable and mall owner stocks to watch are Stylam Industries, KEI Industries and Phoenix Mills. Their return on equity ranges from 11.1% to 18.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 14.2% to 31.0%. Stylam Industries has the highest return on equity at 18.6%, while Phoenix Mills has the fastest revenue growth at 31.0% a year. Prices are based on the 3 November 2026 close, and this article is educational, not investment advice.
Laminate, power cable and mall owner stocks bring together companies with a visible plan for the years ahead. Stylam Industries, KEI Industries and Phoenix Mills cover a decorative laminates maker, a power cables maker and a premium malls owner.
This list covers three laminate, power cable and mall owner stocks with complete current figures: Stylam Industries, KEI Industries and Phoenix Mills. Every figure comes from the latest reported financials and the 3 November 2026 market close. Companies without complete current figures were left out.
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What Are Laminate, Power Cable and Mall Owner Stocks?
Laminate, power cable and mall owner stocks are listed companies that make decorative and compact laminates, produce power cables and house wires with project services, and own premium retail malls with commercial and residential assets. Their earnings depend on interior spending, grid and housing activity and retail footfall.
Laminate, Power Cable and Mall Owner Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Stylam Industries | 2,931.3 | 5,599 | 33.0 | 36.3 | 18.6 | 0.04 |
| KEI Industries | 3,881.4 | 42,514 | 42.6 | 45.1 | 13.8 | 0.04 |
| Phoenix Mills | 2,048.7 | 68,308 | 41.9 | 30.7 | 11.1 | 0.48 |
On valuation, Stylam Industries and KEI Industries trade at a P/E below the industry P/E, while Phoenix Mills trades above it, which reflects the growth the market already expects. Readers comparing laminate, power cable and mall owner 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, power cable and mall owner stocks can use the coming numbers to test whether growth is holding.
Why Do Laminate, Power Cable and Mall Owner Stocks Have a Strong Roadmap in India?
Laminate, power cable and mall owner stocks have a strong roadmap in India because growing interior spending, grid upgrades and rising mall footfall keep widening the market for these housing and retail linked companies.
- Interiors. Furniture makers use more laminates.
- Grid and homes. Lines and buildings need cables.
- Mall footfall. Premium malls draw rising shopper traffic.
Why Stylam Industries Features Among These Laminate, Power Cable and Mall Owner Stocks
Among the laminate, power cable and mall owner stocks on this list, Stylam Industries makes decorative laminates and compact laminates used in furniture, interiors and construction, and exports to many countries.
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.
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.
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 KEI Industries Features Among These Laminate, Power Cable and Mall Owner Stocks
Among the interiors and build out shares on this list, KEI Industries makes power cables, house wires, and extra high voltage cables, and also offers engineering, procurement and construction services for power projects.
Revenue rose from Rs 5,742 crore in FY22 to Rs 11,906 crore in FY26, a compound annual growth rate of 20.0%. Net profit grew from Rs 376 crore in FY22 to Rs 918 crore in FY26, which works out to a compound annual growth rate of 25.0%.
In the June 2026 quarter, revenue grew 21.9% year on year to Rs 3,205 crore, while net profit rose 40.0% to Rs 274 crore. The company has a return on equity of 13.8%, a debt to equity ratio of 0.04 and a market capitalisation of Rs 42,514 crore. The stock trades at a P/E of 42.6, below the industry P/E of 45.1.
Roadmap: The company benefits from the demand for cables in power transmission, housing and industrial projects, and is expanding capacity to meet it. Rising exports and the shift to branded wires add further growth drivers.
What to watch: Check the capacity additions and the share of the retail business in revenue.
Why Phoenix Mills Features Among These Laminate, Power Cable and Mall Owner Stocks
Among the three companies on this list, Phoenix Mills owns and operates premium retail malls in major cities under the Phoenix brand and also has commercial, residential and hospitality assets.
In the June 2026 quarter, revenue grew 13.3% year on year to Rs 1,115 crore, while net profit rose 23.0% to Rs 394 crore. Revenue rose from Rs 1,558 crore in FY22 to Rs 4,594 crore in FY26, a compound annual growth rate of 31.0%.
Net profit grew from Rs 248 crore in FY22 to Rs 1,557 crore in FY26, which works out to a compound annual growth rate of 58.3%. The company has a return on equity of 11.1%, a debt to equity ratio of 0.48 and a market capitalisation of Rs 68,308 crore. The stock trades at a P/E of 41.9, above the industry P/E of 30.7.
Roadmap: The company is adding mall space and commercial assets as consumer spending rises. Rental income linked to footfall and consumption supports earnings as the portfolio matures.
What to watch: Track consumption in its malls, new mall openings and rental growth.
Stylam Industries vs KEI Industries vs Phoenix Mills on Key Financials
The table below sets the three laminate, power cable and mall owner 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% |
| KEI Industries | 5,742 | 11,906 | 20.0% | 918 | 7.7% |
| Phoenix Mills | 1,558 | 4,594 | 31.0% | 1,557 | 33.9% |
Stylam Industries posts the highest return on equity in this group at 18.6%. KEI Industries has the largest FY26 revenue at Rs 11,906 crore, and Phoenix Mills shows the fastest revenue growth with a 31.0% compound annual rate. A useful habit with laminate, power cable and mall owner stocks is to check each new quarterly result against the capacity plans the company described earlier. Many investors spread money across several home and property stocks instead of one name, which keeps a single result from deciding the outcome.
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% |
| KEI Industries | 2,630 | 3,205 | 21.9% |
| Phoenix Mills | 985 | 1,115 | 13.3% |
Key Risks to Check Before Investing in Laminate, Power Cable and Mall Owner Stocks
Every theme carries risks that deserve a check before any decision. For these laminate, power cable and mall owner stocks, the main points are: Long-term interiors and build out shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Housing cycles. Real estate and building demand can vary with rates and sentiment.
- Capex cycles. Customer spending on plants and projects can vary.
- 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, power cable and mall owner stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Laminate, Power Cable and Mall Owner Stocks
Laminate, power cable and mall owner stocks suit investors who prefer to study business strength before price moves. Stylam Industries, KEI Industries and Phoenix Mills each have a clear plan to grow. Based on the 3 November 2026 close, Stylam Industries trades at Rs 2,931.3, KEI Industries at Rs 3,881.4 and Phoenix Mills at Rs 2,048.7. Valuation matters as much as growth, so compare each company's P/E with its industry P/E before adding any of these laminate, power cable and mall owner stocks to a watchlist.
Download the Univest iOS App or Univest Android App to track laminate, power cable and mall owner stocks, set price alerts and get research-backed stock ideas.
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, power cable and mall owner stocks?
Ans. Laminate, power cable and mall owner stocks are listed companies that make decorative and compact laminates, produce power cables and house wires with project services, and own premium retail malls with commercial and residential assets. Their earnings depend on interior spending, grid and housing activity and retail footfall. This list looks at three of them, Stylam Industries, KEI Industries and Phoenix Mills, using reported FY22 to FY26 financials and the 3 November 2026 closing prices.
Which laminate, power cable and mall owner stocks are covered in this list?
Ans. This list covers Stylam Industries, KEI Industries and Phoenix Mills. Based on the 3 November 2026 close, Stylam Industries traded at Rs 2,931.3, KEI Industries at Rs 3,881.4 and Phoenix Mills at Rs 2,048.7. Their return on equity ranges from 11.1% to 18.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 14.2% to 31.0%.
Why do laminate, power cable and mall owner stocks have a strong future roadmap in India?
Ans. Laminate, power cable and mall owner stocks have a strong roadmap in India because growing interior spending, grid upgrades and rising mall footfall keep widening the market for these housing and retail linked companies. The main drivers are as follows. Interiors. Furniture makers use more laminates. Grid and homes. Lines and buildings need cables. Mall footfall. Premium malls draw rising shopper traffic. 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 KEI Industries performed financially?
Ans. Revenue rose from Rs 5,742 crore in FY22 to Rs 11,906 crore in FY26, a compound annual growth rate of 20.0%. Net profit grew from Rs 376 crore in FY22 to Rs 918 crore in FY26, which works out to a compound annual growth rate of 25.0%. In the June 2026 quarter, revenue grew 21.9% year on year to Rs 3,205 crore, while net profit rose 40.0% to Rs 274 crore. The company has a return on equity of 13.8%, a debt to equity ratio of 0.04 and a market capitalisation of Rs 42,514 crore. The stock trades at a P/E of 42.6, below the industry P/E of 45.1. Looking ahead, the company benefits from the demand for cables in power transmission, housing and industrial projects, and is expanding capacity to meet it. Rising exports and the shift to branded wires add further growth drivers.
How has Phoenix Mills performed financially?
Ans. Revenue rose from Rs 1,558 crore in FY22 to Rs 4,594 crore in FY26, a compound annual growth rate of 31.0%. Net profit grew from Rs 248 crore in FY22 to Rs 1,557 crore in FY26, which works out to a compound annual growth rate of 58.3%. In the June 2026 quarter, revenue grew 13.3% year on year to Rs 1,115 crore, while net profit rose 23.0% to Rs 394 crore. The company has a return on equity of 11.1%, a debt to equity ratio of 0.48 and a market capitalisation of Rs 68,308 crore. The stock trades at a P/E of 41.9, above the industry P/E of 30.7. Looking ahead, the company is adding mall space and commercial assets as consumer spending rises. Rental income linked to footfall and consumption supports earnings as the portfolio matures.
What risks should investors check before buying laminate, power cable and mall owner stocks?
Ans. Investors should check a few risks before buying laminate, power cable and mall owner stocks. Housing cycles. Real estate and building demand can vary with rates and sentiment. Capex cycles. Customer spending on plants and projects can vary. 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, power cable and mall owner stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 3 November 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.
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