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: January 06, 2026

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 Metrics

Authorised Capital ₹ 50.00 Cr as on 06-01-2026
Paid Up Capital ₹ 17.59 Cr as on 06-01-2026
Company Age 52 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 652.16 Cr as on 06-01-2026
Satisfied Charges ₹ 487.96 Cr as on 06-01-2026
Revenue Growth **** 33.34% (FY 2022)
Profit Growth **** 15.11% (FY 2022)
Ebitda **** 14.71% (FY 2022)
Net Worth -3.64% (FY 2022)
Total Assets -6.20% (FY 2022)

Comprehensive Company Insights

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

Name	Designation	Appointment Date	Status
Ravishankar Balakoteswararao Kompalli	Whole-Time Director	17 Nov 2022	Current
Parameswaran Pillai Naga Prasad	Director	04 Jan 2023	Current
Taneja Premkumar	Director	17 Nov 2022	Current
Rakesh Shivbhagwan Agrawal	Whole-Time Director	17 Nov 2022	Current
Rahul Rakesh Agrawal	Managing Director	17 Nov 2022	Current
Bhupesh Parmeshwar Porwal	Cfo	10 Nov 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Company Secretary	30 Sep 2013	Past
Pramod Abcsdd	Director	27 Mar 2008	Past
Pramod Abcsdd	Additional Director	13 Aug 2021	Past
Pramod Abcsdd	Alternate Director	26 Apr 2013	Past
Pramod Abcsdd	Director	31 Dec 2020	Past
Pramod Abcsdd	Ceo(Kmp)	17 Nov 2022	Past

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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%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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%

*******

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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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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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

Date	Lender	Amount	Status
24 Mar 2023	Hdfc Bank Limited	₹250.00 Cr	Open
22 Feb 2022	The Hongkong And Shanghai Banking Corporation Limited	₹70.00 Cr	Open
27 Jan 2017	Others	₹330.00 Cr	Open
27 Dec 1989	Idbi Bank Limited	₹8.00 M	Open
27 Dec 1989	Unit Trust Of India	₹2.00 M	Open

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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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

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

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.

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Latest Updates, News, and FAQs on Styrenix Performance Materials

Recent Activity within the Organization

Annual General Meeting

The activity Styrenix Performance Materials Limited last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records. was completed.
29 Aug 2025
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.
04 Aug 2025
Charges

Progress on A charge registered on 05 Jun 2023 via Charge ID 100736564 with Others was fully satisfied on 30 Jul 2025. was documented.
30 Jul 2025
Balance Sheet

Progress on Styrenix Performance Materials Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.
31 Mar 2025
Director Appointment

The activity 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 2 years 2 months . was completed.
28 Dec 2023
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 3 months . was recorded as a recent event.
24 Nov 2023

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