Best Laminate Companies in India

Laminate and plywood stocks refer to shares of companies that manufacture and supply laminates, plywood, and other related materials used in furniture, interior design, and construction.

Laminate Companies in India

Tuesday, 26 August, 2025

symbol Company ticker slug Sector Market Price 52W High 52W Low Market Cap (Cr.) PE Ratio Industry PE PB Ratio Div. Yield (%) ROE (%) 1YReturns 3YReturns 5YReturns Market Cap Label Industry Group Industry Sub Industry percentageChange
AIRO Airo Lam Ltd AIROLAM /stocks/airolam-AIRO Building Products - Laminates 109.89 164.00 83.50 164.86 56.27 38.50 2.36 0.00 11.73 -17.36 42.62 31.29 Smallcap Materials Building Products Forest Products -3.59
DECO DECO MICA Ltd DECOMIC /stocks/deco-mica-DECO Building Products - Laminates 75.00 97.00 56.05 31.50 16.15 38.50 1.26 0.00 9.67 -11.24 98.94 702.14 Smallcap Consumer Durables & Apparel Building Products Home Furnishings -0.07
DHAB Dhabriya Polywood Ltd DHABRIYA /stocks/dhabriya-polywood-DHAB Building Products - Laminates 387.40 478.00 280.05 419.33 23.26 38.50 5.09 0.18 18.61 -15.88 263.41 1,073.94 Smallcap Capital Goods Building Products Building Products 0.57
GEEN Greenlam Industries Ltd GREENLAM /stocks/greenlam-industries-GEEN Building Products - Laminates 232.91 312.00 197.42 5,942.65 85.27 38.50 5.28 0.17 6.33 -18.80 30.35 220.04 Smallcap Capital Goods Building Products Building Products 0.05
LAM Lamosaic India Ltd LAMOSAIC /stocks/lamosaic-india-LAM Building Products - Laminates 38.95 172.20 34.00 40.27 5.27 38.50 2.70 0.00 0.00 -77.38 -77.38 -77.38 Smallcap null Building Products null -0.77
NATPY National Plywood Industries Ltd NATPLY /stocks/national-plywood-industries-NATPY Building Products - Laminates 3.80 9.28 3.45 9.36 13.01 38.50 -1.28 0.00 0.00 -21.81 -57.26 -49.13 Smallcap Materials Building Products Forest Products -5.00
RUSH Rushil Decor Ltd RUSHIL /stocks/rushil-decor-RUSH Building Products - Laminates 22.96 39.95 19.57 673.69 14.01 38.50 1.24 0.39 9.51 -39.90 -54.95 122.20 Smallcap Capital Goods Building Products Building Products 0.30
WESTE Ecoboard Industries Ltd ECOBOAR /stocks/ecoboard-industries-WESTE Building Products - Laminates 35.55 42.46 18.50 63.39 -3.47 38.50 4.81 0.00 -43.18 9.02 20.30 1,117.47 Smallcap Materials Building Products Forest Products 4.59

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Laminate Companies in India

Laminate companies are a vital part of India’s manufacturing ecosystem, producing versatile materials used in furniture, interiors, and construction. As the demand for stylish and durable laminates grows alongside India’s booming real estate and infrastructure sectors, these companies offer investors an attractive opportunity for long-term growth.

What Are Laminate Companies in India?

Laminate companies in India manufacture thin, decorative sheets to enhance the surface finish of furniture, walls, and floors. These laminates are crafted from layers of paper or fabric bonded with resins under high pressure. With residential, commercial, and industrial applications, laminate companies cater to domestic and export markets. Prominent players include Greenlam Industries, Rushil Decor, and Dhabriya Polywood, which holds the majority of the share in the industry.

Types of Laminate Companies in India

  1. Decorative Laminate Companies: These focus on creating aesthetically appealing products with unique textures and colours, catering to home and office spaces.
  2. Industrial Laminate Manufacturers: These companies specialise in heavy-duty laminates and produce durable materials for factories, laboratories, and transportation.
  3. Export-Oriented Companies: Firms that meet international demand by adhering to global quality and design standards.

Features of Laminate Companies in India

  • Product Innovation: Continuous research and development enable these companies to introduce advanced laminates, such as fire-resistant and anti-bacterial options.
  • Sustainability: Many firms are adopting eco-friendly practices, including using recyclable materials and water-based adhesives.
  • Extensive Networks: Leading companies operate widespread supply chains, ensuring accessibility across urban and rural markets.

How to Invest in Laminate Companies in India?

Here is how you can invest in the top 10 laminate brands in India to buy in NSE:

  1. Open a demat/trading/stockbroker account. You can open a demat account with smallcase!
  2. Conduct thorough research into the top laminate company stocks in India that are of interest to you. Investors can use tools like the Tickertape Stocks Screener to do this. The screener offers 200+ built-in filters to choose from, and investors can choose the parameters to research and generate different laminate company lists. 
  3. Place a ‘Buy’ order on the top laminate company stocks of your choosing.

How to Choose the Best Laminate Companies to Invest In?

  • Market Leadership: Established companies, including the best laminates in India, with a strong reputation often have consistent performance.
  • Financial Metrics: Look for firms with steady revenue growth, low debt-to-equity ratios, and efficient operations.
  • Product Portfolio: Companies offering diverse and innovative laminate solutions have an edge over competitors.
  • Export Growth: Businesses with significant export contributions indicate strong global demand and resilience.

Who Should Invest in Laminate Companies?

Investing in laminate companies is ideal for:

  • Long-term Investors: Those aiming to benefit from sustained industry growth can find laminate manufacturers in India.
  • Diversified Portfolios: Investors seeking to balance their holdings with exposure to the manufacturing and construction sectors.
  • Growth-Oriented Investors: Individuals looking to capitalise on India’s expanding real estate and urbanisation trends.

Benefits of Investing in Laminate Companies

  1. Growing Market: Rising urbanisation and housing demand are driving laminate sales in both domestic and global markets.
  2. Export Potential: Indian laminates are increasingly popular in regions like Europe, North America, and the Middle East.
  3. Steady Growth: Industry leaders often demonstrate consistent earnings and expansion in emerging markets.

Risks of Investing in Laminate Companies

  1. Raw Material Volatility: The cost of wood, resins, and adhesives can fluctuate, affecting profitability of even the best laminate brands in India.
  2. Economic Cyclicality: Demand for even the best laminate company in India may decline during economic slowdowns, particularly in the construction and real estate sectors.
  3. Competition: The market faces intense competition from local players and international imports.
  4. Regulatory Challenges: Stricter environmental norms may require additional investments, impacting margins.

Factors to Consider When Investing in Laminate Companies

  • Industry Trends: The demand for laminate or sunmica companies in India is closely tied to the growth of real estate, furniture manufacturing, and infrastructure development, which drive market expansion.
  • Innovation and Sustainability: Companies investing in advanced technologies, new product designs, and eco-friendly manufacturing practices often gain an edge in the market.
  • Export Potential: Firms with strong international demand can benefit from access to global markets, though this comes with challenges such as trade regulations and currency fluctuations.
  • Market Conditions: Economic cycles, raw material price volatility, and shifts in consumer preferences can all influence a company’s performance and long-term viability.

To Wrap It Up…

The laminate industry in India offers significant investment opportunities driven by urbanisation, infrastructure growth, and export demand. However, thorough research and a clear understanding of the risks involved are critical before investing. Investors can achieve strong returns in this growing sector by focusing on financially stable and innovative companies.

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Frequently Asked Questions About Laminate Companies in India

What are the best laminate companies in India?

These are the top 5 laminate companies in India sorted according to their 5Y average net profit margin:

  1. Ecoboard Industries Ltd
  2. National Plywood Industries Ltd
  3. Greenlam Industries Ltd
  4. Rushil Decor Ltd
  5. Airo Lam Ltd

Note: These plywood company stocks have been listed for educational purposes. The stocks have been picked from the Tickertape Stocks Screener on 17th December 2024.

What asset class do laminate companies belong to?

Laminate companies fall under the materials or industrial sector within the stock market.

Are laminate companies safe investments?

While they offer good growth potential, investments carry risks such as raw material price fluctuations and economic downturns.

Are there any laminate penny stocks in India?

Some smaller companies may trade at lower prices, but they typically come with higher risks due to market volatility and limited growth history.

How to evaluate laminate and plywood stocks in India?

Evaluate financial performance, market share, innovation capabilities, and trends in the construction and furniture sectors for better insight.

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