Styrenix Performance Materials Limited
₹1,748.85-₹62.45 (-3.4%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹3,375 Cr
- P/E
- 16.3x
- Revenue
- ₹2,744 Cr
Price chart
Technical chartScreen technicals →-26.9% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -13.0%
- 3M
- -28.7%
- 6M
- -22.6%
- 1Y
- -26.9%
- 5Y
- +16.9%
52-week range
Day change -₹62.45 (-3.4%) from ₹1,811 to ₹1,749 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in STYRENIX, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Revenue grew 23.5% YoY
Concerns0
Rule-based from financial data. Not advice.
About the company
Styrenix Performance Materials Limited engages in the manufacture, trading, and sale of engineering thermoplastics in India.
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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.
- Sector
- Materials
- Shares outstanding
- 1.8 Cr shares
- ISIN
- INE189B01011
- BSE code
- 506222
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹3,375 Cr
- P/E
- 16.3x
- P/B
- 3.8x
- Earnings yield
- 6.1%
- 52-week high
- ₹2,548.45
- 52-week low
- ₹1,748.85
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2,744 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 23.5%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 34.1%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹216 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -20.0%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹48.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -17.8%
Solvency and efficiency
- Current ratio
- 2.48
- Debt / Equity
- 0.04
- Debt / Assets
- 0.03
- Financial leverage
- 1.44
- Cash / Market cap
- 19.5%
- Cash per share
- ₹375.32
- Debtor days
- 49 days
- Inventory turnover
- 6.08
- Cash conversion cycle
- 58 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹8 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹2,398 Cr |
| Sales | Operating profit | ₹346 Cr |
| Operating profit | Interest | ₹4 Cr |
| Operating profit | Depreciation | ₹39 Cr |
| Operating profit | Profit before tax | ₹303 Cr |
| Other income | Profit before tax | ₹10 Cr |
| Profit before tax | Tax and other | ₹81 Cr |
| Profit before tax | Net profit | ₹232 Cr |
Revenue and net profit
Revenue grew 23.5% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹1,631 Cr | ₹280 Cr |
| FY2022 | ₹2,179 Cr | ₹323 Cr |
| FY2023 | ₹2,372 Cr | ₹183 Cr |
| FY2024 | ₹2,222 Cr | ₹173 Cr |
| FY2025 | ₹2,744 Cr | ₹232 Cr |
Cash flows
FY2025: ₹147 Cr from operations, ₹110 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹385 Cr | ₹273 Cr |
| FY2022 | ₹356 Cr | ₹439 Cr |
| FY2023 | ₹270 Cr | ₹134 Cr |
| FY2024 | ₹216 Cr | ₹128 Cr |
| FY2025 | ₹147 Cr | ₹110 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹2,744 Cr+23.5%1Y
- Net profit
- ₹232 Cr+34.1%1Y
- Cash from operations
- ₹147 Cr
- Free cash flow
- ₹110 Cr-14.1%1Y
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹2,744 Cr | ₹346 Cr | — | ₹232 Cr | ₹147 Cr | ₹110 Cr | — | +23.5% | +34.1% |
Monthly returns
Month-by-month returns of STYRENIX across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹1,389 Cr |
| Equity capital | ₹18 Cr |
| Reserves | ₹833 Cr |
| Borrowings | ₹19 Cr |
| Other liabilities | ₹519 Cr |
| Assets | ₹1,389 Cr |
| Fixed assets | ₹314 Cr |
| Capital work in progress | ₹29 Cr |
| Investments | ₹37 Cr |
| Other assets | ₹1,010 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
STYRENIX trades at 16.3x earnings against a peer median of 35.5x (a 54% discount).
Not shown (no positive earnings and no EV / Sales): BN AGROCHEM LIMITED.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Styrenix Performance Materials LimitedSTYRENIXthis companyP/E ↓ discount | ₹3,375 Cr | 16.3x | 3.8x | — | — |
| Gujarat Alkalis & Chemicals Ltd.GUJALKALI | ₹3,537 Cr | 65.5x | 0.6x | -2.1% | 17.0x |
| Vishnu Chemicals LimitedVISHNU | ₹3,484 Cr | 46.8x | 4.2x | 14.9% | 20.6x |
| Neogen Chemicals LimitedNEOGEN | ₹3,443 Cr | 69.7x | 4.1x | 5.4% | 29.5x |
| ORIENT CEMENT LIMITEDORIENTCEM | ₹3,400 Cr | 11.1x | 1.6x | 10.0% | 7.4x |
| BN AGROCHEM LIMITEDBNAGROCHEM | ₹3,398 Cr | — | 10.6x | -4.2% | -1133.0x |
| Grauer & Weil (India) Ltd.GRAUWEIL | ₹3,354 Cr | 22.2x | 3.4x | 17.9% | 14.7x |
| Refex Industries LimitedREFEX | ₹3,314 Cr | 16.4x | 2.3x | 21.4% | 20.2x |
| KIRI INDUSTRIES LIMITEDKIRIINDUS | ₹3,217 Cr | 242.0x | 4.1x | -23.7% | -126.1x |
| Peer median | — | 35.5x | 3.7x | 12.9% | 19.2x |
Year-to-date ROI
STYRENIX since 1 January, against earlier years.
Historical volatility
STYRENIX's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 25.0% |
| FY2022 | 22.0% |
| FY2023 | 12.0% |
| FY2024 | 12.0% |
| FY2025 | 13.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹2,744 Cr |
| Costs | |
| Interest | ₹4 Cr |
| Expenses | ₹2,399 Cr |
| Operating profitOperating Profit | ₹346 Cr |
| Other income and charges | |
| Profit before tax | ₹313 Cr |
| Tax | |
| Net profitNet Profit | ₹232 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹1,389 Cr |
| Equity capitalEquity Capital | ₹18 Cr |
| Reserves | ₹833 Cr |
| Borrowings | ₹19 Cr |
| Other liabilitiesOther Liabilities | ₹519 Cr |
| AssetsTotal Assets | ₹1,389 Cr |
| Fixed assetsFixed Assets | ₹314 Cr |
| Capital work in progressCWIP | ₹29 Cr |
| Investments | ₹37 Cr |
| Other assetsOther Assets | ₹1,010 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹147 Cr |
| Investing cash flowCash from Investing Activity | -₹37 Cr |
| Financing cash flowCash from Financing Activity | -₹118 Cr |
| Change in cashNet Cash Flow | -₹9 Cr |
Learn while you research
Academy chapters picked for Styrenix Performance Materials Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Growth Investing23% revenue growth is in the top tier, learn how to value growth.7 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read