Styrenix Performance Materials Limited
NSE: STYRENIXSpecialty Chemicals
Share price
₹1,999.20
+0.44% close of 9 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
69
out of 100 · worked out 9 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹3,599 Cr
P/E ratio
13.1
P/B ratio
2.6
ROCE
13.8%
ROE
14.2%
Dividend yield
2.8%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 8.6% over the past year, and 10.2% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 19.6% to 12.8% over the last four years.
Whether it grew faster than its sector
It grew 10.2% a year against a sector median of 10.2% — 0 percentage points faster.
Room to re-rate, or risk of de-rating
Too little price history yet to compare it with its own past.
Whether growth justifies the valuation
It has no steady three-year profit record yet, so growth cannot be weighed against the price.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Styrenix Performance Materials Limited — this one | — | 13.1× | — |
| Pidilite Industries | 25%/yr | 57.1× | ₹2.3 |
| Gujarat Fluorochemicals Limited | -24%/yr | 79.7× | — |
| Navin Fluorine International Limited | 21%/yr | 52.6× | ₹2.5 |
| Aether Industries Limited | 20%/yr | 96.9× | ₹4.8 |
| Deepak Nitrite Limited | -13%/yr | 27.6× | — |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Specialty Chemicals), it ranks 30 of 73 on returns, 41 of 72 on growth, 50 of 73 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A narrow advantage: it earns 13.8% on capital, ahead of 59% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
No — Over the 4 years of cash statements on file it made ₹513 crore of cash from the business but spent ₹732 crore on plant and equipment, ₹219 crore more than it made, paid from its own cash and investments.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
8 of 10 checks clear · 80%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Announced 4 Aug 2026 · Consolidated · Unaudited
Revenue
₹1,011 Cr
Revenue vs last year
+7.1%
Revenue vs last quarter
+22.4%
Net profit
₹138 Cr
Profit vs last year
+166.0%
Profit vs last quarter
+89.5%
Net margin
13.7%
EPS
₹78.64
Earnings call transcript · 5 Aug 2026
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹3,599 Cr
- Prev close
- ₹1,999.20
- 52w High
- ₹2,653
- 52w Low
- ₹1,780
- Enterprise value
- ₹3,986 Cr
- Beta
- 0.9
- Price CAGR 1y
- -15.0%
- Price CAGR 3y
- 23.0%
- Price CAGR 5y
- 6.0%
- Price CAGR 10y
- 12.0%
Ratios
- Return on assets
- 7.4%
- PEG ratio
- —
- P/E ratio
- 13.1
- P/B ratio
- 2.6
- EV / EBITDA
- 8.6
- Industry P/E
- 31.9
- ROCE
- 13.8%
- ROCE 5y average
- 20.0%
- ROE
- 14.2%
- Debt / Equity
- 0.4
- Interest coverage
- 11.6
- Dividend yield
- 2.8%
- ROE 3y average
- 20.0%
- ROE last year
- 14.0%
Annual P&L
- Annual revenue
- ₹3,438 Cr
- Annual profit
- ₹183 Cr
- Operating margin
- 10.0%
- Net profit margin
- 5.3%
- EBITDA margin
- 10.0%
- Sales growth 3y
- 19.6%
- Sales growth 5y
- —
- Profit growth 3y
- —
- Profit growth 5y
- —
- EPS
- ₹104
- Sales growth TTM
- 9.0%
- Profit growth TTM
- 22.0%
- Dividend payout
- 52.0%
Quarter P&L
- Sales latest quarter
- ₹1,011 Cr
- Profit latest quarter
- ₹138 Cr
- YoY quarterly sales growth
- 7.1%
- YoY quarterly profit growth
- 165.4%
- OPM latest quarter
- 21.8%
Balance Sheet
- Book Value
- ₹759
- Face Value
- ₹10.0
- Total debt
- ₹548 Cr
- Total cash
- ₹73 Cr
- Borrowings
- ₹548 Cr
- Reserves / Equity
- 74.9
Cash Flow
- Operating cash flow
- ₹183 Cr
- Free cash flow
- ₹26 Cr
- FCF yield
- 0.1%
- Net cash flow
- -₹28 Cr
Shareholding
- Promoter holding
- 46.2%
- FII holding
- 0.9%
- DII holding
- 17.4%
- Public holding
- 35.5%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Pidilite Inds. | 1,472.85 | 56.6 | 1,50,016 | 0.77 | 883.5 | 28.2 | 4,551.6 | 21.3 | 31.0 |
| Gujarat Fluoroch | 4,437.70 | 78.9 | 48,748 | 0.07 | 219.0 | 21.4 | 1,588.0 | 24.0 | 9.6 |
| Navin Fluo.Intl. | 8,430.10 | 54.4 | 43,259 | 0.18 | 243.3 | 107.7 | 1,045.1 | 44.1 | 21.0 |
| Aether Industri. | 1,741.10 | 96.3 | 23,109 | 0.00 | 62.8 | 28.0 | 326.6 | 27.3 | 11.9 |
| Deepak Nitrite | 1,569.90 | 27.0 | 21,412 | 0.46 | 345.0 | 207.5 | 2,577.6 | 36.4 | 11.4 |
| Atul | 5,939.80 | 22.0 | 17,488 | 0.50 | 253.9 | 92.0 | 1,848.0 | 25.0 | 14.9 |
| Aarti Industries | 480.40 | 33.3 | 17,426 | 0.20 | 155.0 | 256.5 | 2,387.0 | 42.5 | 6.9 |
| Styrenix Perfor. | 2,000.25 | 12.8 | 3,518 | 2.76 | 138.3 | 166.4 | 1,010.9 | 7.1 | 13.8 |
| Median | 351.12 | 28.1 | 1,042 | 0.23 | 13.5 | 51.6 | 174.4 | 26.0 | 13.7 |
Competes with: Aarti Industries Limited, Aether Industries Limited, Atul Limited, BASF India Limited, Deepak Nitrite Limited, Gujarat Fluorochemicals Limited, Navin Fluorine International Limited, Pidilite Industries
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 544 | 595 | 485 | 599 | 699 | 653 | 691 | 940 | 944 | 799 | 869 | 826 | 1,011 |
| Expenses | 512 | 427 | 527 | 609 | 554 | 617 | 852 | 847 | 713 | 828 | 710 | 791 | |
| Material Cost | 841 | 780 | 550 | 580 | 579 | 706 | |||||||
| Change in Inventories | -162 | -93 | 20 | 97 | -9.29 | -68 | |||||||
| Purchases of Stock-in-Trade | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Employee Cost | 39 | 38 | 36 | 38 | 36 | 39 | |||||||
| Other Expenses | 134 | 122 | 107 | 112 | 104 | 114 | |||||||
| Operating Profit | 83 | 58 | 72 | 90 | 99 | 74 | 87 | 96 | 85 | 42 | 116 | 220 | |
| OPM % | 9.37 | 14 | 12 | 12 | 13 | 15 | 11 | 9.28 | 10 | 11 | 4.80 | 14 | 22 |
| Other Income | 3 | 2 | 2 | 2 | 6 | 1 | 3 | 3 | 3 | -1 | 12 | 3 | |
| Exceptional items (within Other Income) | 0 | 0 | 0 | -3.10 | 0.33 | 0 | |||||||
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 5 | 5 | 5 | 4 | |
| Depreciation | 9 | 9 | 9 | 9 | 10 | 10 | 26 | 25 | 26 | 29 | 30 | 31 | |
| Profit before tax | 76 | 50 | 64 | 82 | 94 | 64 | 61 | 71 | 57 | 6 | 93 | 189 | |
| Tax % | 26 | 30 | 23 | 26 | 26 | 26 | 10 | 26 | 21 | -155 | 21 | 27 | |
| Net Profit | 56 | 35 | 49 | 61 | 70 | 48 | 55 | 52 | 45 | 16 | 73 | 138 | |
| EPS in Rs | 32 | 20 | 28 | 35 | 40 | 27 | 31 | 30 | 25 | 9.29 | 42 | 79 | |
| Diluted EPS in Rs | 32 | 30 | 25 | 9.29 | 42 | 79 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2015 15m | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|
| Sales | 2,009 | 2,222 | 2,982 | 3,438 | 3,505 |
| Expenses | 1,924 | 1,958 | 2,631 | 3,094 | 3,042 |
| Material Cost | 2,461 | 2,490 | |||
| Change in Inventories | -241 | 15 | |||
| Purchases of Stock-in-Trade | 0 | 0 | |||
| Employee Cost | 90 | 148 | |||
| Other Expenses | 322 | 442 | |||
| Operating Profit | 86 | 264 | 352 | 344 | 463 |
| OPM % | 4.30 | 12 | 12 | 10 | 13 |
| Other Income | 6 | 9 | 12 | 14 | 17 |
| Exceptional items (within Other Income) | 0 | -2.78 | |||
| Interest | 24 | 4 | 6 | 21 | 19 |
| Depreciation | 32 | 37 | 55 | 114 | 116 |
| Profit before tax | 36 | 233 | 302 | 223 | 345 |
| Tax % | 47 | 26 | 23 | 18 | |
| Net Profit | 19 | 173 | 234 | 183 | 273 |
| EPS in Rs | 11 | 98 | 133 | 104 | 155 |
| Diluted EPS in Rs | 134 | 104 | |||
| Dividend Payout % | 37 | 100 | 23 | 52 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- —
- 3 years
- 20%
- TTM
- 9%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- —
- TTM
- 22%
Stock price CAGR
- 10 years
- 12%
- 5 years
- 6%
- 3 years
- 23%
- 1 year
- -15%
Return on equity
- 10 years
- —
- 5 years
- —
- 3 years
- 20%
- Last year
- 14%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2015 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 18 | 18 | 18 | 18 |
| Reserves | 469 | 705 | 1,201 | 1,349 |
| Borrowings | 170 | 27 | 397 | 548 |
| Other Liabilities | 371 | 288 | 726 | 568 |
| Minority Interest | 0 | 0 | ||
| Total Liabilities | 1,028 | 1,038 | 2,342 | 2,483 |
| Fixed Assets | 288 | 295 | 914 | 962 |
| CWIP | 0 | 28 | 29 | 105 |
| Investments | 0 | 58 | 20 | 97 |
| Other Assets | 740 | 657 | 1,379 | 1,318 |
| Total Assets | 1,028 | 1,038 | 2,342 | 2,483 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2015 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Cash from Operating Activity | 60 | 216 | 54 | 183 |
| Cash from Investing Activity | -66 | -88 | -85 | -171 |
| Cash from Financing Activity | -10 | -177 | 74 | -40 |
| Net Cash Flow | -17 | -48 | 43 | -28 |
| Free Cash Flow | 12 | 178 | -435 | 26 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2015 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Debtor Days | 48 | 49 | 54 | 46 |
| Inventory Days | 47 | 60 | 128 | 98 |
| Days Payable | 67 | 50 | 100 | 62 |
| Cash Conversion Cycle | 29 | 58 | 81 | 81 |
| Working Capital Days | 29 | 53 | 72 | 62 |
| ROCE % | 26 | 14 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
387inr_cr
2026-03-31
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
FY revenue / permanent employees + workers, same basis (calc)
6,00,06,136inr
2026-03-31
volume growth %
-26.00pct
2026-06-30
News
News and filings about Styrenix Performance Materials Limited. Open one to see why it matters.
25 Sept, 17:30 IST · Company event · low impact
Styrenix Performance Materials Limited — Order passed by the Assessment Unit, Income Tax Department
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- Acrylonitrile
- Butadiene
- Packing materials
- Styrene monomer
Depends on the price of
- Crude Oil Brent
- butadiene
Sells to
- Ashok Leyland · ABS/specialty styrenic resin (commercial vehicles)
- Bajaj Auto · ABS/specialty styrenic resin (automotive)
- Crompton Greaves Consumer Electricals Limited · ABS/SAN resin (household/electrical)
- Daikin Airconditioning India · ABS/SAN/PS resin (air-conditioning)
- Eureka Forbes Limited · ABS/SAN/PS resin (consumer appliances)
- Flair Writing Industries Limited · SAN styrenic resin (stationery)
- Haier Appliances India · ABS/SAN/PS resin (appliances)
- Havells India · ABS/SAN resin (household/electrical)
- Hero MotoCorp · ABS/specialty styrenic resin (two-wheeler)
- IFB Industries Limited · ABS/SAN/PS resin (appliances)
- LG Electronics India Limited · ABS/SAN/PS resin (appliances)
- Linc Limited · SAN styrenic resin (stationery)
- Mahindra & Mahindra · ABS/specialty styrenic resin (automotive)
- Maruti Suzuki India · ABS/specialty styrenic resin (automotive)
- Ola Electric Mobility Limited · ABS/specialty styrenic resin (EV)
- Samsung India Electronics · ABS/SAN/PS resin (appliances/electronics)
- TVS Motor Company · ABS/specialty styrenic resin (two-wheeler)
- Tata Motors Limited · ABS/specialty styrenic resin (automotive)
- Tata Motors Passenger Vehicles Limited · ABS/specialty styrenic resin (automotive)
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Chemicals
- Industry
- Specialty Chemicals
- Classification
- Chemicals › Specialty Chemicals
- ISIN
- INE189B01011
Plants
- Dahej Plant
- Katol Plant · Katol / Kalol Taluka, Panchmahal, Gujarat
- Map Ta Phut Plant · Map Ta Phut, Rayong, Thailand
- Moxi Plant and R&D Centre · Poicha / Savli Taluka, Vadodara, Gujarat
- Nandesari Plant · Nandesari, Vadodara, Gujarat
News impact
Big market events that reach Styrenix Performance Materials Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 10 Aug 2026 | interim | ₹23 |
|---|---|---|
| 5 Feb 2026 | interim | ₹23 |
| 21 Aug 2025 | interim | ₹31 |
| 17 Dec 2024 | interim | ₹31 |
| 12 Aug 2024 | unspecified | ₹28 |
| 12 Feb 2024 | interim | ₹48 |
| 31 Oct 2023 | interim | ₹22 |
| 2 Aug 2023 | unspecified | ₹24 |
Splits, bonuses & buybacks
- daily-prices repair: 10 rows from NSE's archive (replace 2, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Earnings call5 Aug 2026
- Annual report · 2025-265 Aug 2026
- Results presentation30 Jun 2026
- Earnings call16 May 2026
- Earnings call2 Feb 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.