Styrenix Performance Materials Limited

About

Styrenix Performance Materials Limited engages in the manufacture, trading, and sale of engineering thermoplastics in India. It offers Absolac, a plastic resin that is used for manufacturing of automobile interiors and exteriors, household appliances, and housings for electronic devices; and Absolan, which is primarily used in industrial goods, cosmetic packing, stationery, electrical appliances, household applications, and cosmetic jars. The company also offers general purpose poly styrene, a transparent polymer, which is used in TV light diffuser plate, XPS insulation boards, refrigerator drawers, medical labware, PSP and disposable packaging, CD jewel box, and clothes hanger; and high impact polystyrene resin that is used in electronics goods housing, refrigerator in-liner and door liner, injection mold, beverage cups, dairy products packaging, sheets, disposables, yogurt bottles, and toys; styroloy, a blended product which is used in automotive exterior, interior, household and electronics applications; Asalac, a polymer used for automotive exterior and interior applications. The company was formerly known as INEOS Styrolution India Limited and changed its name to Styrenix Performance Materials Limited in January 2023. Styrenix Performance Materials Limited was incorporated in 1973 and is based in Vadodara, India.

Key Metrics

as of Sep 2026

Market Cap3,590 Cr

P/E13.10

Div Yield2.64 %

Book Value₹777.00

52w High₹2,740.00

52w Low₹1,773.00

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Sales	1,011.00	826.00	869.00	799.00	944.00	940.00	691.00	653.00	699.00	599.00	485.00	595.00
Expenses	791.00	710.00	828.00	713.00	847.00	852.00	617.00	554.00	609.00	527.00	427.00	512.00
Operating Profit	220.00	116.00	42.00	85.00	96.00	87.00	74.00	99.00	90.00	72.00	58.00	83.00
OPM %	22.00	14.00	4.80	11.00	10.00	9.00	11.00	15.00	13.00	12.00	12.00	14.00
Other Income	3.00	12.00	-1.00	3.00	3.00	3.00	1.00	6.00	2.00	2.00	2.00	3.00
Depreciation	31.00	30.00	29.00	26.00	25.00	26.00	10.00	10.00	9.00	9.00	9.00	9.00
Interest	4.00	5.00	5.00	5.00	5.00	3.00	1.00	1.00	1.00	1.00	1.00	1.00
Profit before tax	189.00	93.00	6.00	57.00	71.00	61.00	64.00	94.00	82.00	64.00	50.00	76.00
Tax %	27.00	21.00	-155.00	21.00	26.00	10.00	26.00	26.00	26.00	23.00	30.00	26.00
Net Profit	138.00	73.00	16.00	45.00	52.00	55.00	48.00	70.00	61.00	49.00	35.00	56.00
EPS in Rs	78.64	41.78	9.29	25.43	29.52	31.12	27.12	39.86	34.80	28.07	19.88	32.08

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2015
Sales	3,438.00	2,982.00	2,222.00	2,009.00
Expenses	3,094.00	2,631.00	1,958.00	1,924.00
Operating Profit	344.00	352.00	264.00	86.00
OPM %	10.00	12.00	12.00	4.30
Other Income	14.00	12.00	9.00	6.00
Interest	21.00	6.00	4.00	24.00
Depreciation	114.00	55.00	37.00	32.00
Profit before tax	223.00	302.00	233.00	36.00
Tax %	18.00	23.00	26.00	47.00
Net Profit	183.00	234.00	173.00	19.00
EPS in Rs	103.98	132.90	98.47	10.76
Dividend Payout %	52.00	23.00	100.00	37.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2015
Equity Capital	18.00	18.00	18.00	18.00
Reserves	1,349.00	1,201.00	705.00	469.00
Borrowings	548.00	397.00	27.00	170.00
Other Liabilities	568.00	726.00	288.00	371.00
Total Liabilities	2,483.00	2,342.00	1,038.00	1,028.00
Fixed Assets	962.00	914.00	295.00	288.00
CWIP	105.00	29.00	28.00	0.00
Investments	97.00	20.00	58.00	0.00
Other Assets	1,318.00	1,379.00	657.00	740.00
Total Assets	2,483.00	2,342.00	1,038.00	1,028.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2015
Cash from Operating Activity	183.00	54.00	216.00	60.00
Cash from Investing Activity	-171.00	-85.00	-88.00	-66.00
Cash from Financing Activity	-40.00	74.00	-177.00	-10.00
Net Cash Flow	-28.00	43.00	-48.00	-17.00
Free Cash Flow	26.00	-435.00	178.00	12.00
CFO/OP %	77.00	40.00	105.00	86.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2015
Debtor Days	46.00	54.00	49.00	48.00
Inventory Days	98.00	128.00	60.00	47.00
Days Payable	62.00	100.00	50.00	67.00
Cash Conversion Cycle	81.00	81.00	58.00	29.00
Working Capital Days	62.00	72.00	53.00	29.00
ROCE %	14.00	26.00	—	—

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	46.24	46.24	46.24	46.24	46.24	46.24	46.24	46.24	46.24	62.73	62.73	62.73
FIIs	0.86	0.95	1.22	2.19	2.72	2.48	3.37	2.95	4.96	2.09	2.53	2.27
DIIs	17.43	17.33	15.75	12.78	12.06	12.51	11.29	10.26	10.58	4.99	5.01	4.82
Public	35.47	35.47	36.79	38.79	38.98	38.75	39.10	40.55	38.21	30.18	29.72	30.18
No. of Shareholders	44,820	45,090	47,135	45,494	46,916	46,867	45,703	45,882	39,955	40,492	40,115	40,543

Corporate Actions

30 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	10 Aug 2026	10 Aug 2026	—	23.00
Dividend	05 Feb 2026	05 Feb 2026	—	23.00
Dividend	21 Aug 2025	21 Aug 2025	—	31.00
Dividend	17 Dec 2024	17 Dec 2024	—	31.00
Dividend	12 Aug 2024	12 Aug 2024	—	28.00
Dividend	12 Feb 2024	12 Feb 2024	—	48.00
Dividend	31 Oct 2023	31 Oct 2023	—	22.00
Dividend	02 Aug 2023	02 Aug 2023	—	24.00
Dividend	24 Mar 2023	24 Mar 2023	—	80.00
Dividend	06 Jun 2022	07 Jun 2022	—	105.00
Dividend	22 Oct 2021	25 Oct 2021	—	192.00
Dividend	05 Aug 2021	—	—	10.00
Dividend	31 Jul 2019	—	—	2.00
Dividend	01 Aug 2018	—	—	4.00
Dividend	02 Aug 2017	—	—	4.00
Dividend	04 Aug 2016	—	—	4.00
Dividend	29 Jul 2015	—	—	4.00
Dividend	16 Apr 2014	—	—	4.00
Dividend	10 Apr 2013	—	—	4.00
Dividend	12 Apr 2012	—	—	4.00
Dividend	20 Apr 2011	—	—	4.00
Dividend	15 Apr 2010	—	—	3.50
Other	15 Apr 2010	—	—	—	Dividend-Rs.3.50 Pr Share
Dividend	08 Apr 2009	—	—	2.50
Dividend	03 Apr 2008	—	—	3.00
Other	03 Apr 2008	—	—	—	Agm/Dividend-Rs3 Pr Share
Dividend	12 Apr 2007	—	—	3.00
Dividend	12 Apr 2006	—	—	2.50
Dividend	15 Apr 2002	—	—	2.00
Dividend	10 May 2001	—	—	1.50