Styrenix Performance Materials
- Market cap
- ₹ 3,417 Cr.
- P/E
- 12.4x
- P/B
- 2.57x
- 52-week range
- 1,780 – 2,653
- ROE
- 14%
- ROCE
- 14%
- Dividend yield
- 2.3%
- Debt / equity
- 0.4
- Sector
- Chemicals & Petrochemicals
- Industry
- Specialty Chemicals
- Listed on
- NSE, BSE
About
Styrenix Performance Materials Limited is an India-based company, which is engaged in manufacturing, trading and selling engineering thermoplastics. The Company is a producer of Absolac (ABS). ABS is a plastic resin produced from Acrylonitrile, Butadiene & Styrene, used for manufacturing of home appliances, automobiles, consumer durables and business machines. It is also a manufacturer of Absolan (SAN), which is a polymerized plastic resin produced from styrene and acrylonitrile, and mainly used for products such as lighting, stationery, novelties, refrigerators and cosmetic packing. It is engaged in providing styrenic applications for various everyday products across a range of industries, including automotive, electronics, household, construction, healthcare, packaging, and toys/sports/leisure. Its products include Absolac ABS, Absolac High Heat ABS, Absolan SAN, GPPS, and HIPS. The Company has manufacturing facilities at Nandesari, Moxi, Katol and Dahej in Gujarat.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Specialty Chemicals: 130 companies →Styrenix Performance Materials against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)12.4 against a typical 26.3: cheaper than most peers (1st = cheapest).30th of 129
- Sales growth+7.1% against a typical +25.9% from a year earlier.94th of 112
- Profit growth+165.4% against a typical +42.4% from a year earlier.20th of 102
- Share price, 3 months−20.7% against a typical −5.5%.108th of 118
- Size₹ 3,417.1 Cr. market value against a typical ₹ 359.6 Cr. (1st = largest).29th of 126
Latest announcements
Exchange filings and their impact on the company.
- Q2/H1 results confirm the strong earnings run-rate seen in Q1.
Styrenix Performance Materials' board on October 28, 2026 approved the standalone and consolidated unaudited results for the second quarter and half year ended September 30, 2026. The filing encloses the results with limited review report. This follows a very strong June 2026 quarter with Rs 1,011 crore sales and Rs 138 crore net profit, which had already lifted trailing earnings well above last year, suggesting continued momentum into FY27.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A+ by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE A+ / CARE A1+ | Positive | 10 Oct 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 10 Oct 2025 | Reaffirmed | CARE A+ / CARE A1+ | — | CARE | ₹ 650 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 28 Oct 2026Upcoming | Financial Results | To consider and approve Standalone and Consolidated unaudited Financial Results for the quarter and half year ended on September 30, 2026. |
| 4 Aug 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended Jun 30, 2026 and Interim dividend, if any. |
| 16 May 2026 | Financial Results | To consider and approve Audited Standalone and Consolidated Financial Results for thefourth quarter and for the Financial Year ended on March 31, 2026. |
| 29 Jan 2026 | Financial Results/Dividend | To consider and approve the Quarterly Unaudited Financial results of the Company for the period ended December 31, 2025 and 2nd Interim Dividend, if any. |
| 12 Nov 2025 | Financial Results | To consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025. |
| 13 Aug 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended Jun 30, 2025 and interim dividend, if any. |
| 24 May 2025 | Financial Results | To consider and approve the Audited Standalone and Consolidated Financial Results for the fourth quarter and financial year ended on March 31, 2025. As intimated to you, vide letter dated March 28, 2025, the trading window for dealing in shares of the Company by the designated persons is already closed since April 01, 2025 until 48 hours of the declaration of financial results for the quarter and year ended on March 31, 2025 (i.e. till EOD May 26, 2025). |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | 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 | 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 |
| Operating Profit | 83 | 58 | 72 | 90 | 99 | 74 | 87 | 96 | 85 | 42 | 116 | 220 |
| OPM % | 14% | 12% | 12% | 13% | 15% | 11% | 9% | 10% | 11% | 4.8% | 14% | 22% |
| Other Income | 3 | 2 | 2 | 2 | 6 | 1 | 3 | 3 | 3 | −1 | 12 | 3 |
| 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 | 32.08 | 19.88 | 28.07 | 34.8 | 39.86 | 27.12 | 31.12 | 29.52 | 25.43 | 9.29 | 41.78 | 78.64 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- 9%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- 22%
- 10 Years
- 14%
- 5 Years
- 11%
- 3 Years
- 24%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 20%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Styrenix Performance Materials | ₹ 1,790.00 | ₹ 3,417 Cr. | 12.4x | 2.6x | 14% | — |
| Gujarat Fluorochemicals | ₹ 4,241.25 | ₹ 47,986 Cr. | 77.4x | 5.8x | 7.7% | 11.5% |
| DCM Shriram | ₹ 962.10 | ₹ 14,996 Cr. | 5.6x | 2.1x | 11.6% | 6% |
| Supreme Petrochem | ₹ 710.10 | ₹ 13,338 Cr. | 38.7x | 5.5x | 14.3% | 6.1% |
| Shaily Engineering Plastics | ₹ 2,953.20 | ₹ 13,594 Cr. | 75x | 17.7x | 26.9% | 17.2% |
| Ganesha Ecosphere | ₹ 987.50 | ₹ 2,642 Cr. | 83.1x | 2.5x | 3.2% | 2.6% |
Management
- Rakesh Shiwebhagwan Agrawal
- Executive Chairman of the Board
- Bhupesh P. Porwal
- Chief Financial Officer
- Chintan Doshi
- Compliance Officer, Company Secretary, Manager - Legal
- Rahul Rakesh Agrawal
- Managing Director, Executive Director
- Vishal Rakesh Agrawal
- Joint Managing Director, Executive Director
- Ravishankar Balakoteswararao Kompalli
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.