Styrenix Performance Materials Ltd

Styrenix Performance Materials Ltd

₹ 3,305 -1.73%
13 Jun - close price
About

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

Key Points

Business Overview:[1]
Company is a producer of Absolac (ABS) and Absolan (SAN) in India. ABS is a plastic resin produced from acrylonitrile, butadiene and styrene, used for manufacturing home appliances, automobiles, consumer durables and machinery. Absolan is a polymerized plastic resin produced from styrene and acrylonitrile, and mainly used for products such as lighting, stationery, novelties, refrigerators and cosmetic packing. It also manufactures Polystyrene which is used for food service and packaging, refrigerator components, electronic goods housings, etc.

  • Market Cap 5,814 Cr.
  • Current Price 3,305
  • High / Low 3,524 / 1,860
  • Stock P/E 24.7
  • Book Value 664
  • Dividend Yield 2.96 %
  • ROCE 29.4 %
  • ROE 24.9 %
  • Face Value 10.0

Pros

Cons

  • Promoter holding has decreased over last 3 years: -28.8%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
595 485 599 699 653 691 940
512 427 527 609 554 617 852
Operating Profit 83 58 72 90 99 74 87
OPM % 14% 12% 12% 13% 15% 11% 9%
3 2 2 2 6 1 3
Interest 1 1 1 1 1 1 3
Depreciation 9 9 9 9 10 10 24
Profit before tax 76 50 64 82 94 64 63
Tax % 26% 30% 23% 26% 26% 26% 11%
56 35 49 61 70 48 56
EPS in Rs 32.08 19.88 28.07 34.80 39.86 27.12 31.94
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 15m Mar 2024 Mar 2025
2,009 2,222 2,982
1,924 1,959 2,632
Operating Profit 86 264 350
OPM % 4% 12% 12%
6 9 12
Interest 24 3 6
Depreciation 32 37 53
Profit before tax 36 233 304
Tax % 47% 26% 23%
19 173 235
EPS in Rs 10.76 98.47 133.72
Dividend Payout % 37% 0% 0%
Compounded Sales Growth
10 Years: 4%
5 Years: %
3 Years: %
TTM: 34%
Compounded Profit Growth
10 Years: 29%
5 Years: %
3 Years: %
TTM: 36%
Stock Price CAGR
10 Years: 19%
5 Years: 39%
3 Years: 61%
1 Year: 52%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 25%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2024 Mar 2025
Equity Capital 18 18 18
Reserves 469 705 1,150
170 18 193
371 298 931
Total Liabilities 1,028 1,038 2,291
288 295 863
CWIP 0 28 29
Investments 0 58 20
740 657 1,379
Total Assets 1,028 1,038 2,291

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2024 Mar 2025
60 216 54
-66 -88 -85
-10 -177 74
Net Cash Flow -17 -48 43

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2024 Mar 2025
Debtor Days 48 49 54
Inventory Days 47 59 126
Days Payable 67 50 99
Cash Conversion Cycle 29 58 81
Working Capital Days 60 64 76
ROCE % 29%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
61.19% 61.19% 62.73% 62.73% 62.73% 62.73% 62.73% 62.73% 46.24% 46.24% 46.24% 46.24%
1.87% 1.57% 1.42% 1.39% 2.19% 2.27% 2.53% 2.09% 4.96% 2.95% 3.37% 2.48%
4.14% 4.45% 4.45% 4.41% 4.77% 4.82% 5.01% 4.99% 10.58% 10.26% 11.29% 12.51%
32.79% 32.79% 31.39% 31.47% 30.30% 30.18% 29.72% 30.18% 38.21% 40.55% 39.10% 38.75%
No. of Shareholders 43,92744,83746,99350,30443,43940,54340,11540,49239,95545,88245,70346,867

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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