Styrenix Performance Materials Limited
Styrenix Performance Materials Limited engages in the manufacture, trading, and sale of engineering thermoplastics in India. It offers Absolac, a plastic resin that is used for manufacturing of automobile interiors and exteriors, household appliances, and housings for electronic devices; and Absolan, which is primarily used in industrial goods, cosmetic packing, stationery, electrical appliances, household applications, and cosmetic jars. The company also offers general purpose poly styrene, a transparent polymer, which is used in TV light diffuser plate, XPS insulation boards, refrigerator drawers, medical labware, PSP and disposable packaging, CD jewel box, and clothes hanger; and high impact polystyrene resin that is used in electronics goods housing, refrigerator in-liner and door liner, injection mold, beverage cups, dairy products packaging, sheets, disposables, yogurt bottles, and toys; styroloy, a blended product which is used in automotive exterior, interior, household and electronics applications; Asalac, a polymer used for automotive exterior and interior applications. The company was formerly known as INEOS Styrolution India Limited and changed its name to Styrenix Performance Materials Limited in January 2023. Styrenix Performance Materials Limited was incorporated in 1973 and is based in Vadodara, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Revenue grew 23.5% YoY
Concerns1
- Negative free cash flow (βΉ48 Cr)
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ2.74 K Cr | β | βΉ232.00 Cr | β | β | β | 23.5% | 34.1% |
| Mar 2024 | βΉ2.22 K Cr | β | βΉ173.00 Cr | β | β | β | -6.3% | -5.5% |
| Mar 2023 | βΉ2.37 K Cr | β | βΉ183.00 Cr | β | β | β | 8.9% | -43.3% |
| Mar 2022 | βΉ2.18 K Cr | β | βΉ323.00 Cr | β | β | β | 33.6% | 15.4% |
| Mar 2021 | βΉ1.63 K Cr | β | βΉ280.00 Cr | β | β | β | 3.3% | -2900.0% |
| Mar 2020 | βΉ1.58 K Cr | β | βΉ-10.00 | β | β | β | -24.5% | -16.7% |
| Mar 2019 | βΉ2.09 K Cr | β | βΉ-12.00 | β | β | β | 10.3% | -118.2% |
| Mar 2018 | βΉ1.90 K Cr | β | βΉ66.00 Cr | β | β | β | 27.9% | -4.3% |
| Mar 2017 | βΉ1.48 K Cr | β | βΉ69.00 Cr | β | β | β | -6.4% | 7.8% |
| Mar 2016 | βΉ1.58 K Cr | β | βΉ64.00 Cr | β | β | β | 10.6% | 82.9% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 2,686 |
| Total Expenses | 2,366 |
| EBIT / Operating Profit | 320 |
| OPM % | 12 |
| Other Income | 4 |
| Finance Costs | 5 |
| Depreciation & Amortisation | 44 |
| Profit Before Tax | 274 |
| Tax % | - |
| Net Profit / PAT | 203 |
| EPS (βΉ) | 115.50 |
| Dividend Payout % | - |
Peer Comparison
Materials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Styrenix Performance Materials Limitedthis co. | βΉ3.38 K Cr | βΉ2.74 K Cr | 16.30 | 3.76 | 0.00 | 23.5% |
| UltraTech Cement Ltd | βΉ3.55 L Cr | βΉ71.89 K Cr | 48.60 | 5.02 | 27.23 | 4.7% |
| JSW Steel Limited | βΉ2.88 L Cr | βΉ1.28 L Cr | 38.00 | 3.45 | 14.23 | -5.5% |
| Asian Paints Ltd. | βΉ2.77 L Cr | βΉ29.55 K Cr | 69.60 | 14.50 | 35.04 | -5.4% |
| Hindustan Zinc Ltd. | βΉ2.66 L Cr | βΉ33.97 K Cr | 25.50 | 19.57 | 18.58 | 17.4% |
| Coal India Limited | βΉ2.64 L Cr | βΉ1.59 K Cr | 12.40 | 13.24 | 16.33 | 5.1% |
| Vedanta Limited | βΉ2.49 L Cr | βΉ74.30 K Cr | 26.50 | 3.37 | 12.82 | 5.0% |
| Industry Average | β | βΉ10.75 K Cr | 47.54 | 5.23 | 30.19 | 121.8% |