Arthneeti

Styrenix Performance Materials Q2 FY27 Share Price & Earnings Call Analysis

₹1,811.80+0.54% today
Market cap
₹3,187 Cr
P/E
11.64
ROE
14.18%
Price to sales
0.90
Debt to equity
0.40
52W high / low
₹2,489 / ₹1,798
EBITDA margin
13.22%
Net profit margin
5.33%
Promoter holding
46.24%
Sales (last year)
₹3,505 Cr

Incorporated in 1973, Styrenix Performance Materials Ltd manufactures, trades and sells Engineering Thermoplastics[1]

Guidance scorecard · Q2 FY27 call

What Styrenix Performance Materials Ltd's management guided
and where it ranks in Chemicals & Petrochemicals

#71of 71 in
Chemicals & Petrochemicals
Revenue0–10%MarginsFlatCapexPlannedFundraisingWhat management saidOrder bookWhat management said

RevenueQ1 FY27 call

0–10%
  • Demand affected by volatility and geopolitical uncertainties; normalization expected to revive growth.
  • Both auto and appliance sectors poised for growth in a normalized environment.
  • Volume dip in Q1 FY27 attributed to non-OEM demand decline; recovery anticipated in subsequent quarters.
  • No structural change in market channels; volumes expected to eventually catch up to end-consumer demand.
  • Expansion projects (e.g., ABS capacity expansion) on track and expected to be completed in current financial year.
  • New business development continues but benefits from crisis-related supply chain shifts are limited.
  • Pricing and demand remain volatile; cautious buyer approach may delay growth rebound.

2 more points from Styrenix Performance Materials Ltd's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

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

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • Styrenix is undertaking a brownfield expansion of its ABS plant, aiming for completion within the current financial year (FY 2026-27), though exact commissioning month is uncertain due to complexities in operating alongside running plants and prioritizing…
  • Expansion includes increasing capacities at all sites, covering rubber, SAN (styrene-acrylonitrile), and compounding to support the additional volume from the ABS expansion.
  • The company is executing these capex plans with careful consideration of operational challenges in a running plant setting.
  • The company intends to use extra cash flow judiciously, prioritizing capex needs first, and returning surplus capital to shareholders, consistent with its earlier capital allocation philosophy.
Full Q1 FY27 analysis

FundraisingQ1 FY27 call

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

Full Q1 FY27 analysis

Order bookQ1 FY27 call

  • The order processing cycle typically ranges from 12 to 24 months, starting with small trial lots progressing to larger commercial orders.
  • The company is committed to this phased approach with experienced teams in targeted segments.
  • Demand in Thailand remains steady with interest in the differentiated product profile despite competitive intensity.
  • Expansion of ABS capacity is planned for the current financial year, but the exact commissioning month is uncertain due to complexity and compliance requirements.

2 more points from Styrenix Performance Materials Ltd's call on the order book

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Full Q1 FY27 analysis
Full Chemicals & Petrochemicals ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Chemicals & Petrochemicals
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Styrenix Performance Materials Ltd rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Chemicals & Petrochemicals companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 0–2%₹263 Cr3.4
240%+Flat₹4,375 Cr83.7
340%+Flat₹3,259 Cr4.0
440%+Flat₹145 Cr15.9
520–40%Up 2%+₹1.81L Cr90.9
620–40%Up 2%+₹48,366 Cr78.3

Sign up free to see every company in the sector ranking and track Styrenix Performance Materials Ltd.

Pro shows every company guiding 40%+ revenue growth →Full Chemicals & Petrochemicals ranking

Financials of Styrenix Performance Materials Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Styrenix Performance Materials Ltd

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +62.73%62.73%46.24%46.24%46.24%46.24%46.24%46.24%46.24%46.24%46.24%46.24%
FIIs +2.53%2.09%4.96%2.95%3.37%2.48%2.72%2.19%1.22%0.95%0.86%1.31%
DIIs +5.01%4.99%10.58%10.26%11.29%12.51%12.06%12.78%15.75%17.33%17.43%14.44%
Public +29.72%30.18%38.21%40.55%39.10%38.75%38.98%38.79%36.79%35.47%35.47%38.00%
No. of Shareholders40,11540,49239,95545,88245,70346,86746,91645,49447,13545,09044,82047,483

Financials of Styrenix Performance Materials Ltd

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +5954855996996536919409447998698261,011994
Expenses +512427527609554617852847713828710791922
Operating Profit8358729099748796854211622072
OPM %14%12%12%13%15%11%9%10%11%4.8%14%22%7%
Other Income +322261333-11234
Interest1111113555545
Depreciation9999101026252629303130
Profit before tax76506482946461715769318940
Tax %26%30%23%26%26%26%10%26%21%-155%21%27%43%
Net Profit +563549617048555245167313823
EPS in Rs32.0819.8828.0734.8039.8627.1231.1229.5225.439.2941.7878.6413.18

Financials of Styrenix Performance Materials Ltd

Profit & Loss

Annual income statement trend

Mar 2015 15mMar 2024Mar 2025Mar 2026TTM
Sales +2,0092,2222,9823,4383,700
Expenses +1,9241,9582,6313,0943,250
Operating Profit86264352344450
OPM %4.3%12%12%10%12%
Other Income +69121418
Interest24462119
Depreciation323755114120
Profit before tax36233302223328
Tax %47%26%23%18%
Net Profit +19173234183251
EPS in Rs10.7698.47132.90103.98142.89
Dividend Payout %37%100%23%52%

Financials of Styrenix Performance Materials Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital1818181818
Reserves4697051,2011,3491,469
Borrowings +17027397548466
Other Liabilities +371288726568601
Total Liabilities1,0281,0382,3422,4832,554
Fixed Assets +288295914962908
CWIP02829105185
Investments058209735
Other Assets +7406571,3791,3181,427
Total Assets1,0281,0382,3422,4832,554

Financials of Styrenix Performance Materials Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +6021654183
Cash from Investing Activity +-66-88-85-171
Cash from Financing Activity +-10-17774-40
Net Cash Flow-17-4843-28
Free Cash Flow12178-43526
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit86%105%40%77%

Financials of Styrenix Performance Materials Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2024Mar 2025Mar 2026
Debtor Days48495446
Inventory Days476012898
Days Payable675010062
Cash Conversion Cycle29588181
Working Capital Days29537262
ROCE %26%14%

Guidance history

How Styrenix Performance Materials Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →0–10%FlatPlanned——
Q4 FY26 call →10–20%FlatPlanned——
Q3 FY26 call →10–20%FlatPlanned——
Q2 FY26 call →10–20%FlatPlannedPlanned—

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

10out of 100

Momentum score · price trend

10 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−26.1%29%
Last 6 months−19.9%18%
Last 3 months−26.3%6%

The price is 45.5% below its all-time high of ₹3,325.1 (20 Jun 2025). Stocks more than 20% below their peak have their score halved, so 20 became 10.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Styrenix Performance Materials Ltd: 0.4 × 29 + 0.4 × 18 + 0.2 × 6 = 20, halved to 10 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Styrenix Performance Materials Ltd's management said in earlier quarters

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