Styrenix Performance Materials Ltd

Styrenix Performance Materials Ltd

₹ 1,640 -0.61%
03 May 3:28 p.m.
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 2,884 Cr.
  • Current Price 1,640
  • High / Low 1,733 / 792
  • Stock P/E 153
  • Book Value 277
  • Dividend Yield 6.34 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 5.97 times its book value
  • Promoters have pledged 100% of their holding.
  • Promoter holding has decreased over last 3 years: -12.3%

* 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.

Peer comparison

Sector: Petrochemicals Industry: Petrochemicals

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF
Upcoming result date: 6 May 2024

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015
2,009
1,924
Operating Profit 86
OPM % 4%
6
Interest 24
Depreciation 32
Profit before tax 36
Tax % 47%
19
EPS in Rs 10.76
Dividend Payout % 37%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Stock Price CAGR
10 Years: 14%
5 Years: 25%
3 Years: 12%
1 Year: 103%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015
Equity Capital 18
Reserves 469
170
371
Total Liabilities 1,028
288
CWIP 0
Investments 0
740
Total Assets 1,028

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015
60
-66
-10
Net Cash Flow -17

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015
Debtor Days 48
Inventory Days 47
Days Payable 67
Cash Conversion Cycle 29
Working Capital Days 60
ROCE %

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
75.00% 75.00% 75.00% 75.00% 61.19% 61.19% 62.73% 62.73% 62.73% 62.73% 62.73% 62.73%
1.73% 1.97% 2.02% 2.04% 1.87% 1.57% 1.42% 1.39% 2.19% 2.27% 2.53% 2.09%
4.42% 3.51% 3.02% 2.86% 4.14% 4.45% 4.45% 4.41% 4.77% 4.82% 5.01% 4.99%
18.85% 19.52% 19.96% 20.10% 32.79% 32.79% 31.39% 31.47% 30.30% 30.18% 29.72% 30.18%
No. of Shareholders 19,16921,18028,30629,10743,92744,83746,99350,30443,43940,54340,11540,492

* 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

Concalls