SP

Styrenix Performance Materials Ltd

Q1 FY26Chemicals & Petrochemicals

Styrenix Performance Materials Ltd Q1 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Q1 FY26 earnings call: what management guided on revenue, margins and order book.

Price2,082
Market cap₹3.8K Cr
P/E14.0
Updated23 Aug 2026
Read4 min read

The short version

Sales volumes in ASALAC and PC ABS are currently around 100 to 150 tons per month, with expectations to increase significantly within the next year as ongoing product validations complete. Styrenix targets 10-12% additional volume growth over the previous year, projecting steady annual volume increases.

From Styrenix Performance Materials Ltd's Q1 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Sales volumes in ASALAC and PC ABS are currently around 100 to 150 tons per month, with expectations to increase significantly within the next year as ongoing product validations complete.
  • Thailand plant utilization is at 50-55% with potential to increase revenue by 70-80% by ramping up capacity and improving product mix.
  • Indian business aims for 12-13% volume growth in the current year, with highest-ever quarterly sales achieved (~51,000 tons).
  • Expansion plans include adding 210,000-215,000 tons capacity in India by FY '26, with 50,000 tons ABS capacity addition planned for FY '27 and FY '28 each.
  • Medium to long-term export opportunities to the EU are being explored despite current volume limitations due to full capacity in India.
  • Market demand is expected to recover from a short-term slowdown caused by early monsoon, with overall annual growth continuing.
  • Specialty ABS market share remains strong at 60-70%, supporting sustainable growth.

Profitability & Margins

See what Styrenix Performance Materials Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Current capex for Phase 1 is on schedule with planned spending around INR 325-350 crores by March 2027.
  • The capex guidance of INR 350 crores for the current year does not include polystyrene (PS) capex; engineering study for PS capex is ongoing.
  • Planned ABS capacity expansions: 100,000 tons total—50,000 tons expected in FY '27 and remaining 50,000 tons in FY '28.
  • HIPS (High Impact Polystyrene) expansion planned around the same timeline as ABS.
  • No immediate plans to add new SAN (Styrene Acrylonitrile) lines; current SAN capacity is sufficient.
  • A hybrid power SPV project is underway to reduce power costs, expected by year-end.
  • Sales strategy includes opening new offices in Asia (Shanghai, Vietnam, Japan, South Korea, Indonesia) to increase volumes.
  • No new inorganic acquisitions disclosed yet; focus on organic growth and capacity utilization improvements.

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Ranked on what management guided this quarter

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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Styrenix Performance Materials Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The document does not provide explicit details on the current or expected orderbook or pending orders for Styrenix Performance Materials Limited. However, related insights include: - The company achieved highest-ever quarterly sales of around 51,000 tons in India, indicating strong demand and order fulfillment. - In Thailand, volumes are around 16,000-17,000 tons, with capacity utilization at 50%-55%, indicating room for order ramp-up. - Several validations and strategic sales efforts are ongoing across Asia, including new offices in Shanghai, Vietnam, Japan, South Korea, and Indonesia to boost sales. - There are ongoing qualification processes for export opportunities to the EU, suggesting potential future order inflows. - No explicit mention of backlog or pending orders; business growth is dependent on ramping up capacity and market development efforts. No specific quantitative disclosure on current or pending orderbooks is available in the extracted content.

Styrenix Performance Materials Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹826 Cr, net profit ₹73 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were Styrenix Performance Materials Ltd Q1 FY26 results?

Sales volumes in ASALAC and PC ABS are currently around 100 to 150 tons per month, with expectations to increase significantly within the next year as ongoing product validations complete. Styrenix targets 10-12% additional volume growth over the previous year, projecting steady annual volume increases.

What is Styrenix Performance Materials Ltd share price analysis?

Styrenix Performance Materials Ltd currently shows a neutral. The stock trades at a P/E of 14.0 with a market cap of ₹3,841 Cr. Investors should review the full earnings analysis for detailed insights.

Is Styrenix Performance Materials Ltd planning capital expenditure?

Current capex for Phase 1 is on schedule with planned spending around INR 325-350 crores by March 2027.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.