Styrenix Performance Ltd
NSE: STYRENIX · Specialty Chemicals · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 107 companies in Specialty Chemicals (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹161 cr vs borrowings ₹309 cr (FY26): borrowings are higher by ₹148 cr.
- Borrowings rose in each of the last 3 years (₹10 cr → ₹309 cr).
- Operating profit covered interest 18.9x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY25).
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 7% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹1,915.90 on 2026-10-26: -27.8% from the 52-week high, +7.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 653 | 691 | 940 | 944 | 799 | 869 | 826 | 1,011 |
| EBITDA | 99 | 74 | 87 | 96 | 85 | 39 | 116 | 220 |
| OPM % | 15.1% | 10.7% | 9.3% | 10.2% | 10.7% | 4.4% | 14.1% | 21.8% |
| Other income | 6 | 1 | 3 | 3 | 3 | 2 | 12 | 3 |
| Net profit | 70 | 48 | 56 | 52 | 45 | 16 | 73 | 138 |
| EPS (₹) | 39.86 | 27.12 | 31.94 | 29.52 | 25.43 | 9.29 | 41.79 | 78.64 |
| Revenue YoY | +22.3% | +25.9% | -12.1% | +7.1% | ||||
| Profit YoY | -36.2% | -65.7% | +30.8% | +166.4% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 2,179 | 2,372 | 2,222 | 2,982 | 3,438 | 3,505 |
| EBITDA | 475 | 275 | 264 | 350 | 340 | 461 |
| Net profit | 323 | 183 | 173 | 235 | 183 | 273 |
| EPS (₹) | 183.31 | 104.07 | 98.48 | 133.73 | 103.98 | 155.15 |
| Revenue growth | +8.9% | -6.3% | +34.2% | +15.3% | +8.6% | |
| Profit growth | -43.3% | -5.4% | +35.8% | -22.2% | +20.8% | |
| Dividend / share (₹) | 202.00 | 80.00 | 94.00 | 59.00 | 54.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +13.2% | +16.1% | +8.6% |
| Net profit | 0.0% | -8.2% | +20.8% |
| EPS | 0.0% | -8.2% | – |
| Share price | – | -11.1% (2y) | -23.0% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 715 | 723 | 1,168 | 1,366 |
| Borrowings | – | 10 | 10 | 206 | 309 |
| Cash & equivalents | – | 245 | 113 | 111 | 161 |
| Total assets | – | 1,263 | 1,038 | 2,291 | 2,483 |
| Fixed assets | – | 290 | 282 | 663 | 714 |
| Capital work in progress | – | 12 | 28 | 29 | 105 |
| Investments | – | 1 | 2 | 9 | 10 |
| Receivables | – | 319 | 297 | 440 | 429 |
| Inventory | – | 346 | 269 | 769 | 664 |
| Payables | – | 310 | 228 | 605 | 421 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 356 | 270 | 216 | 54 | 183 |
| Cash from investing | 83 | -136 | -88 | -85 | -171 |
| Cash from financing | -412 | -198 | -177 | 74 | -40 |
| Capex | 15 | 18 | 39 | 436 | 157 |
| Free cash flow | 342 | 252 | 178 | -382 | 26 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 25.6% | 24.0% | 20.1% | 13.4% |
| ROCE % | – | 34.8% | 32.2% | 22.5% | 14.5% |
| Debtor days | – | 49 | 49 | 54 | 46 |
| Inventory days | – | 71 | 59 | 126 | 97 |
| Payable days | – | 64 | 50 | 99 | 61 |
| Cash conversion cycle (days) | – | 56 | 58 | 81 | 82 |
| Working capital days | – | 68 | 72 | 86 | 79 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 46.24% |
| FIIs | 1.31% |
| DIIs | 14.44% |
| of which Mutual funds | 11.24% |
| of which Insurance | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 38.01% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 46.24% | 46.24% | 46.24% | 46.24% | 46.24% | 46.24% | 46.24% | 46.24% |
| Promoter group | % |
|---|---|
| Shiva Performance Materials Private Limited | 46.24% |
| Public holders above 1% | % |
|---|---|
| Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund | 6.31% |
| Bandhan Small Cap Fund | 4.30% |
| Enam Investments Private Limited | 1.14% |
| Vallabh Bhanshali | 1.13% |
47,483 shareholders. Pledged: 0.00% of promoter shares.
Peers in Specialty Chemicals
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| PIDILITIND | ₹1,50,431 cr | 56.8x | 13.9x | 25.7% | 33.4% | 24.5% | +7.4% | 1.01% |
| FLUOROCHEM | ₹46,168 cr | 75.4x | 5.9x | 8.1% | 10.0% | 25.6% | -4.2% | 0.07% |
| NAVINFLUOR | ₹39,306 cr | 49.7x | 9.9x | 23.9% | 22.2% | 33.7% | +16.8% | 0.18% |
| DEEPAKNTR | ₹19,676 cr | 25.1x | 3.4x | 14.0% | 15.3% | 15.4% | -0.4% | 0.52% |
| AETHER | ₹19,529 cr | 82.8x | 8.0x | 10.1% | 11.4% | 30.9% | +21.2% | – |
| ATUL | ₹15,762 cr | 19.8x | 2.5x | 11.9% | 16.9% | 17.9% | +7.9% | 0.47% |
| AARTIIND | ₹15,539 cr | 29.3x | 2.6x | 9.2% | 8.0% | 14.9% | +7.8% | 0.24% |
| FINEORG | ₹15,328 cr | 35.0x | 5.8x | 17.7% | 21.3% | 21.7% | -7.8% | 0.22% |
| BASF | ₹13,174 cr | 20.5x | 3.3x | 16.9% | 22.0% | 5.9% | +3.1% | 0.66% |
| STYRENIX | ₹3,370 cr | 12.3x | 2.5x | 21.5% | 21.7% | 13.1% | +13.2% | 2.81% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-10 | Dividend | Interim Dividend - Rs 23 Per Share |
| 2026-02-05 | Dividend | Interim Dividend - Rs 23 Per Share |
| 2025-08-21 | Dividend | Interim Dividend - Rs 31 Per Share |
| 2024-12-17 | Dividend | Interim Dividend - Rs 31 Per Share |
| 2024-08-12 | Dividend | Dividend - Rs 28 Per Share |
| 2024-02-12 | Dividend | Interim Dividend - Rs 48 Per Share |
| 2023-10-31 | Dividend | Interim Dividend - Rs 22 Per Share |
| 2023-08-02 | Dividend | Dividend - Rs 24 Per Share |
| 2023-03-24 | Dividend | Interim Dividend - Rs 80 Per Share |
| 2021-10-22 | Dividend | Special Dividend - Rs 192 Per Share |
| 2021-08-05 | Dividend | Dividend - Rs 10 Per Share |
| 2019-07-31 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2018-08-01 | Dividend | Annual General Meeting/Dividend- Rs 4 Per Share |
| 2017-08-02 | Dividend | Annual General Meeting/Dividend - Rs 4 Per Share |
| 2016-08-04 | Dividend | Annual General Meeting/ Dividend - Rs 4/- Per Share |
| 2015-07-29 | Dividend | Annual General Meeting/ Dividend - Rs 4/- Per Share |
| 2014-04-16 | Dividend | Annual General Meeting / Dividend - Rs 4/- Per Share |
| 2013-04-10 | Dividend | Annual General Meeting/ Dividend Rs.4.00 Per Share |
| 2012-04-12 | Dividend | Dividend-Rs.4/- Per Share |
| 2011-04-20 | Dividend | Dividend - Rs. 4 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Manufacturing of engineering polymers
| Sector | Commodities |
| Industry | Specialty Chemicals |
| Sub-industry | Specialty Chemicals |
| Symbol | STYRENIX |
| BSE code | 506222 |
| ISIN | INE189B01011 |
| Face value | ₹10.0 |
| Incorporated | 1973-12-07 |
| Website | www.styrenix.com |
| Plants (India / abroad) | 4 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.