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Styrenix Performance Materials Limited - Company Profile

It is a manufacturing public limited company based in Vadodara, Gujarat, India, established in 1973.

1973 | Vadodara, Gujarat, India | Active
Last Updated:

About Styrenix Performance Materials Limited

Styrenix Performance Materials Limited, a active public limited company, was established on 07 December 1973 in Vadodara, Gujarat, India. Engaging in plastic & resins within the manufacturing sector, it holds CIN: L25200GJ1973PLC002436. Registered under ROC Roc Ahmedabad. it is listed on BSE: 506222 and NSE: INEOSSTYRO. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹17.59 Cr.

Formerly known as Abs Industries Limited, Lanxess Abs Limited. It upholds a compliant status. In 2022, it reported revenue of ₹2,192.89 Cr and a net worth of ₹856.43 Cr. Employing 461 professional, Its leadership includes Ravishankar Balakoteswararao Kompalli (Whole-Time Director), Parameswaran Pillai Naga Prasad (Director), Taneja Premkumar (Director). Past directors included Vishvesh Vachhrajani Vyomesh, Kugalur Ramsesha Venkata Subrahmanian, Vinesh Prabhakar Sadekar. It holds ₹652.16 Cr open charges and ₹487.96 Cr settled loans. Its latest AGM occurred on 29 August 2025, with the balance sheet filed on 31 March 2025. It is based at 9Th Floor, Shiva, Sarabhai Complex,, Dr. Vikram Sarabhai Marg, Vadiwadi, Vadodara, Vadodara, Gujarat, 390023.

Company Details

  • CIN/LLPIN

    L25200GJ1973PLC002436

  • Registration Number

    002436

  • Incorporation Date

    07 December 1973

  • Authorized Capital

    ₹50.00 Cr

  • Paid-Up Capital

    ₹17.59 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 506222, NSE: INEOSSTYRO)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 17.59 Cr
  • Company Age 51 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 652.16 Cr
  • Satisfied Charges ₹ 487.96 Cr
  • Revenue Growth 33.34%
  • Profit Growth 15.11%
  • Ebitda 14.71%
  • Net Worth -3.64%
  • Total Assets -6.20%
Company report

Styrenix Performance Materials Limited

Company Report FY 2025-2026

Explore comprehensive insights into Styrenix Performance Materials Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Styrenix Performance Materials Limited?

Current Directors

NameDesignationAppointment DateStatus
Ravishankar Balakoteswararao KompalliWhole-Time Director17 Nov 2022Current
Parameswaran Pillai Naga PrasadDirector04 Jan 2023Current
Taneja PremkumarDirector17 Nov 2022Current
Rakesh Shivbhagwan AgrawalWhole-Time Director17 Nov 2022Current
Rahul Rakesh AgrawalManaging Director17 Nov 2022Current
Vishal Rakesh AgrawalManaging Director17 Nov 2022Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddCompany Secretary30 Sep 2013Past
Pramod AbcsddDirector27 Mar 2008Past
Pramod AbcsddAdditional Director13 Aug 2021Past
Pramod AbcsddAlternate Director26 Apr 2013Past
Pramod AbcsddDirector31 Dec 2020Past
Pramod AbcsddCeo(Kmp)17 Nov 2022Past

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Financial Performance of Styrenix Performance Materials.

Styrenix Performance Materials Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 33.34% increase. The company also saw a substantial improvement in profitability, with a 15.11% increase in profit. The company's net worth dipped by a decrease of 3.64%.

Styrenix Performance Materials revenue growth over time
Styrenix Performance Materials profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
33.34%
Revenue from Operations
33.56%
Total Assets
-6.20%
Profit or Loss
15.11%
Net Worth
-3.64%
EBITDA
14.71%

What is the Ownership and Shareholding Structure of Styrenix Performance Materials?

In 2023, Styrenix Performance Materials had a promoter holding of 62.73% and a public holding of 37.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹6,521,567,000.00

Satisfied Charges

₹4,879,636,000.00

Charges Breakdown by Lending Institutions

  • Others : 330.00 Cr
  • Hdfc Bank Limited : 250.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 70.00 Cr
  • Idbi Bank Limited : 0.82 Cr
  • Industrial Finance Corporation Of India Limited : 0.52 Cr
  • Others : 0.82 Cr

Latest Charge Details

DateLenderAmountStatus
24 Mar 2023Hdfc Bank Limited₹250.00 CrOpen
22 Feb 2022The Hongkong And Shanghai Banking Corporation Limited₹70.00 CrOpen
27 Jan 2017Others₹330.00 CrOpen
27 Dec 1989Industrial Finance Corporation Of India Limited₹4.00 MOpen
27 Dec 1989Idbi Bank Limited₹8.00 MOpen

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How Many Employees Work at Styrenix Performance Materials?

Styrenix Performance Materials has a workforce of 461 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Styrenix Performance Materials Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Styrenix Performance Materials, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Styrenix Performance Materials's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Styrenix Performance Materials

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Styrenix Performance Materials Limited last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records. was documented.

  • Charges

    Progress on A charge with Others of Rs. 330.00 Cr registered on 27 Jan 2017 with Charge ID 100077083 was modified on 04 Aug 2025. was documented.

  • Charges

    A charge registered on 05 Jun 2023 via Charge ID 100736564 with Others was fully satisfied on 30 Jul 2025. was recorded as a recent event.

  • Balance Sheet

    Styrenix Performance Materials Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    Chintankumar Sureshchandra Doshi was appointed as a Company Secretary was appointed as a Company Secretary on 28 Dec 2023 & has been associated with this company since 1 year 11 months . was recorded as a recent event.

  • Director Appointment

    Bhupesh P Porwal was appointed as a Cfo was appointed as a Cfo on 24 Nov 2023 & has been associated with this company since 2 years 9 days . was recorded as a recent event.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Styrenix Performance Materials Limited?

    The CIN of Styrenix Performance Materials Limited is L25200GJ1973PLC002436.

  • Where is Styrenix Performance Materials Limited headquartered?

    Styrenix Performance Materials Limited is headquartered at 9Th Floor, Shiva, Sarabhai Complex,, Dr. Vikram Sarabhai Marg, Vadiwadi, Vadodara, Vadodara, Gujarat, 390023.

  • When was Styrenix Performance Materials Limited incorporated?

    Styrenix Performance Materials Limited was incorporated on 07 December 1973.

  • Who are the current directors of Styrenix Performance Materials Limited?

    The current directors of Styrenix Performance Materials Limited are

  • What is the primary industry of Styrenix Performance Materials Limited?

    The primary industry of Styrenix Performance Materials Limited is Manufacturing.

  • Is Styrenix Performance Materials Limited a listed company?

    Styrenix Performance Materials Limited is listed. It is listed on BSE: 506222 and NSE: INEOSSTYRO.

  • What is the capital structure of Styrenix Performance Materials Limited?

    The authorized capital of Styrenix Performance Materials Limited is ₹50.00 Cr, and the paid-up capital is ₹17.59 Cr.

  • What is the compliance status of Styrenix Performance Materials Limited?

    The compliance status of Styrenix Performance Materials Limited is Compliant.

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