About Styrenix Performance Materials Limited
Data last updated:
Styrenix Performance Materials Limited is a public limited company based in Vadodara, Gujarat, India, a subsidiary of Shiva Performance Materials Private Limited. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 07 December 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L25200GJ1973PLC002436. Its GSTIN is 24AAACB6164H1ZW (Gujarat). The company holds 16 GST registrations, of which 9 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 506222 and NSE: STYRENIX.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹17.59 Cr. It was formerly known as Abs Industries Limited and Lanxess Abs Limited. It is led by directors including Vishal Rakesh Agrawal (Managing Director) and Rahul Rakesh Agrawal (Managing Director).
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 9th Floor Shiva Sarabhai Complex, Dr. Vikram Sarabhai Marg Vadiwadi Vadodara, Gujarat, India – 390023.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3,438.03 Cr, a growth of 15.3% compared to the previous year. For the same year it recorded a net profit of ₹183.26 Cr (net margin 5.3%) and EBITDA of ₹341.64 Cr (EBITDA margin 9.9%). The net worth stands at ₹1,366.31 Cr (up 12.1% YoY). Total assets are valued at ₹2,015.42 Cr (up 18.4% YoY).
The company has about 461 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Styrenix Performance Materials. As per MCA filings, the company has open charges of ₹652.16 Cr and satisfied charges of ₹487.96 Cr on record. Court records list 120 cases involving the company, including 64 filed by the company and 56 filed against it; 13 cases are pending. The company has 9 deals on record (8 market trades, 1 acquisition); the latest was in March 2026. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 362 overdue payments to 66 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website styrenix.com.
Company details
Name history
Styrenix Performance Materials has undergone 6 name changes throughout its history. The current legal name is Styrenix Performance Materials Limited.
| Company Name | Status |
|---|---|
| Styrenix Performance Materials Limited | Current |
| Abs Industries Limited | Previous |
| Lanxess Abs Limited | Previous |
| Abs Plastic Limited | Previous |
| Bayer Abs Limited | Previous |
| Ineos Abs (India) Limited | Previous |
| Styrolution Abs (India) Limited | Previous |
Contact details
Styrenix Performance Materials Limited's registered office is in Vadodara, Gujarat. Its website is styrenix.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address9th Floor Shiva Sarabhai Complex, Dr. Vikram Sarabhai Marg Vadiwadi Vadodara, Gujarat, India – 390023
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Styrenix Performance Materials Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Styrenix Performance Materials operates one associated brand: Styrenix Performance Materials. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Styrenix Performance Materials was founded in 2022 in Vadodara, India. | styrenix.com |
Business activity
The main business activity of Styrenix Performance Materials is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Styrenix Performance Materials Limited, buy the company report.
Financials of Styrenix Performance Materials Limited
FY 2025-26 filings availableStyrenix Performance Materials Limited reported revenue of ₹3,438.03 Cr (up 15.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2014-15 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 3,438 | 2,982 | 2,255 | 2,040 |
| Revenue growth | +15.3% | +32.3% | - | - |
| EBITDA | 342 | 351 | 264 | 85.69 |
| EBITDA margin | +9.9% | +11.8% | +11.7% | +4.2% |
| Profit before tax | 223 | 302 | 233 | 35.62 |
| Net profit | 183 | 230 | 172 | 18.81 |
| Net profit margin | +5.3% | +7.7% | +7.6% | +0.9% |
| EPS (₹) | 103.95 | 132.87 | 98.44 | 7.96 |
| Balance sheet | ||||
| Total assets | 2,015 | 1,703 | 779 | 660 |
| Net worth | 1,366 | 1,219 | 723 | 487 |
| Total debt | 548 | 397 | 27.34 | 170 |
| Cash & bank | 73.40 | 100 | 56.61 | 20.13 |
| Net working capital | 773 | 710 | 391 | 349 |
| Cash flow | ||||
| Cash from operations | 183 | 54.34 | 216 | 59.50 |
| Cash from investing | (171) | (84.73) | (87.96) | (66.32) |
| Cash from financing | (39.69) | 73.56 | (177) | (9.89) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,011 | 826 | 869 | 799 | 944 | 940 | 691 | 653 |
| Revenue growth (YoY) | +7.1% | -12.1% | +25.9% | +22.3% | +35.0% | - | - | - |
| Other income | 3.33 | 12.12 | 1.77 | 2.96 | 3.38 | 2.67 | 1.37 | 6.36 |
| EBITDA | 220 | 116 | 38.65 | 85.47 | 96.46 | 87.24 | 74.03 | 98.80 |
| EBITDA margin | +21.8% | +14.0% | +4.4% | +10.7% | +10.2% | +9.3% | +10.7% | +15.1% |
| Depreciation | 30.54 | 30.40 | 29.20 | 26.16 | 24.71 | 25.79 | 10.01 | 9.91 |
| Interest | 4.42 | 4.65 | 4.82 | 5.40 | 4.59 | 3.07 | 1.11 | 0.86 |
| Profit before tax | 189 | 93.06 | 6.40 | 56.87 | 70.54 | 61.05 | 64.28 | 94.39 |
| Tax | 50.33 | 19.58 | (9.94) | 12.15 | 18.62 | 6.33 | 16.59 | 24.30 |
| Net profit | 138 | 73.48 | 16.34 | 44.72 | 51.92 | 54.72 | 47.69 | 70.09 |
| EPS (₹) | 78.64 | 41.79 | 9.29 | 24.43 | 29.52 | 31.11 | 27.12 | 39.86 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,674 | 2,774 | 2,255 | 2,372 | 2,179 | 1,631 | 1,579 |
| Revenue growth | -3.6% | +23.0% | -5.0% | +8.9% | +33.6% | +3.3% | - |
| EBITDA | 361 | 345 | 264 | 276 | 475 | 414 | 27.18 |
| EBITDA margin | +13.5% | +12.5% | +11.7% | +11.6% | +21.8% | +25.4% | +1.7% |
| Profit before tax | 314 | 313 | 233 | 247 | 443 | 376 | (13.51) |
| Net profit | 235 | 228 | 172 | 180 | 323 | 277 | 29.12 |
| Net profit margin | +8.8% | +8.2% | +7.6% | +7.6% | +14.8% | +17.0% | +1.8% |
| EPS (₹) | 133.18 | 131.99 | 98.44 | 104.04 | 183.41 | 159.34 | (5.41) |
| Balance sheet | |||||||
| Total assets | 1,104 | 910 | 779 | 778 | 934 | 1,023 | 868 |
| Net worth | 990 | 851 | 723 | 715 | 856 | 889 | 609 |
| Total debt | 63.05 | 19.41 | 27.34 | 35.08 | 52.27 | 98.39 | 224 |
| Cash & bank | 30.86 | 48.60 | 56.61 | 245 | 179 | 242 | 3.44 |
| Net working capital | 514 | 516 | 391 | 450 | 577 | 624 | 347 |
| Cash flow | |||||||
| Cash from operations | 268 | 147 | 216 | 270 | 356 | 385 | 166 |
| Cash from investing | (168) | (37.24) | (87.96) | (136) | 82.94 | (112) | (83.60) |
| Cash from financing | (118) | (118) | (177) | (198) | (412) | (137) | (124) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 768 | 656 | 648 | 615 | 721 | 702 | 691 | 653 |
| Revenue growth (YoY) | +6.5% | -6.5% | -6.3% | -5.8% | +3.2% | - | - | - |
| Other income | 2.49 | 2.41 | 1.23 | 2.28 | 1.89 | 1.27 | 1.37 | 6.36 |
| Total expenses | 569 | 532 | 576 | 536 | 637 | 620 | 617 | 554 |
| EBITDA | 199 | 124 | 71.43 | 79.48 | 84.23 | 81.74 | 74.04 | 98.80 |
| EBITDA margin | +25.9% | +18.9% | +11.0% | +12.9% | +11.7% | +11.6% | +10.7% | +15.1% |
| Depreciation | 13.33 | 12.76 | 11.87 | 11.63 | 10.82 | 10.04 | 10.01 | 9.91 |
| Interest | 1.37 | 1.30 | 1.08 | 1.74 | 1.45 | 0.95 | 1.11 | 0.86 |
| Profit before tax | 187 | 112 | 59.71 | 68.39 | 73.85 | 72.02 | 64.29 | 94.39 |
| Tax | 49.38 | 28.05 | 15.41 | 17.61 | 18.98 | 18.86 | 16.59 | 24.30 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,011 | 826 | 869 | 799 | 944 | 940 | 691 | 653 |
| Revenue growth (YoY) | +7.1% | -12.1% | +25.9% | +22.3% | +35.0% | - | - | - |
| Other income | 3.33 | 12.12 | 1.77 | 2.96 | 3.38 | 2.67 | 1.37 | 6.36 |
| EBITDA | 220 | 116 | 38.65 | 85.47 | 96.46 | 87.24 | 74.03 | 98.80 |
| EBITDA margin | +21.8% | +14.0% | +4.4% | +10.7% | +10.2% | +9.3% | +10.7% | +15.1% |
| Depreciation | 30.54 | 30.40 | 29.20 | 26.16 | 24.71 | 25.79 | 10.01 | 9.91 |
| Interest | 4.42 | 4.65 | 4.82 | 5.40 | 4.59 | 3.07 | 1.11 | 0.86 |
| Profit before tax | 189 | 93.06 | 6.40 | 56.87 | 70.54 | 61.05 | 64.28 | 94.39 |
| Tax | 50.33 | 19.58 | (9.94) | 12.15 | 18.62 | 6.33 | 16.59 | 24.30 |
| Net profit | 138 | 73.48 | 16.34 | 44.72 | 51.92 | 54.72 | 47.69 | 70.09 |
| EPS (₹) | 78.64 | 41.79 | 9.29 | 24.43 | 29.52 | 31.11 | 27.12 | 39.86 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2014-15 |
|---|---|---|---|---|
| Revenue | 3,438 | 2,982 | 2,255 | 2,040 |
| Revenue growth | +15.3% | +32.3% | - | - |
| Other income | 16.37 | 12.18 | 9.26 | 5.57 |
| Total expenses | 3,096 | 2,631 | 1,990 | 1,955 |
| Employee cost | 148 | 90.02 | 67.20 | 55.42 |
| EBITDA | 342 | 351 | 264 | 85.69 |
| EBITDA margin | +9.9% | +11.8% | +11.7% | +4.2% |
| Depreciation | 114 | 55.04 | 36.78 | 31.73 |
| Interest | 20.67 | 6.42 | 3.55 | 23.91 |
| Profit before tax | 223 | 302 | 233 | 35.62 |
| Tax | 40.40 | 68.27 | 60.09 | 16.71 |
| Net profit | 183 | 230 | 172 | 18.81 |
| Net profit margin | +5.3% | +7.7% | +7.6% | +0.9% |
| EPS (₹) | 103.95 | 132.87 | 98.44 | 7.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2014-15 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | 17.59 | 17.59 | 17.59 | 17.59 |
| Reserves & surplus | 1,349 | 1,201 | 705 | 469 |
| Shareholders' funds (net worth) | 1,366 | 1,219 | 723 | 487 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 548 | 397 | 27.34 | 170 |
| Total debt | 548 | 397 | 27.34 | 170 |
| Total liabilities | 2,015 | 1,703 | 779 | 660 |
| Assets | ||||
| Gross block | 1,853 | 1,629 | 550 | 643 |
| Net block | 962 | 914 | 295 | 288 |
| Capital work in progress | 105 | 29.41 | 28.09 | 0.20 |
| Investments | 97.28 | 20.12 | 57.86 | 0.06 |
| Inventories | 664 | 769 | 269 | 212 |
| Sundry debtors | 429 | 440 | 297 | 265 |
| Cash & bank balances | 73.40 | 100 | 56.61 | 20.13 |
| Loans & advances | 73.37 | 41.11 | 16.39 | 198 |
| Total current assets | 1,240 | 1,350 | 639 | 694 |
| Total current liabilities | 467 | 640 | 247 | 345 |
| Net working capital | 773 | 710 | 391 | 349 |
| Total assets | 2,015 | 1,703 | 779 | 660 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2014-15 |
|---|---|---|---|---|
| Opening cash | 97.65 | 54.48 | 103 | 36.59 |
| Net cash from operating activities | 183 | 54.34 | 216 | 59.50 |
| Net cash from investing activities | (171) | (84.73) | (87.96) | (66.32) |
| Net cash from financing activities | (39.69) | 73.56 | (177) | (9.89) |
| Net change in cash | (27.52) | 43.17 | (48.30) | (16.71) |
| Closing cash | 73.40 | 100 | 56.61 | 20.13 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2014-15 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | +15.3% | +32.3% | - | - |
| EBITDA growth | -2.7% | +32.9% | - | - |
| PBT growth | -26.1% | +29.5% | +718.5% | +9997.0% |
| Net income growth | -20.2% | +33.4% | - | - |
| Revenue CAGR (3Y) | +19.0% | - | - | - |
| EBITDA CAGR (3Y) | +58.6% | - | - | - |
| Profitability & leverage | ||||
| Net income margin | +5.3% | +7.8% | +7.7% | +0.9% |
| Return on capital employed | +13.1% | +24.9% | +30.4% | +7.2% |
| Return on net worth | +14.2% | +24.1% | +24.0% | +3.1% |
| Debt / equity | 0.37 | 0.22 | 0.04 | 0.35 |
| Long-term debt / equity | 0.31 | 0.20 | 0.03 | 0.00 |
| Interest cover | 9.08 | 2.17 | 1.56 | 44.31 |
| Efficiency & per share | ||||
| Fixed asset turnover | 1.97 | 2.74 | 4.10 | 2.85 |
| Inventory turnover | 4.80 | 5.75 | 8.39 | 8.66 |
| Debtors turnover | 7.91 | 8.10 | 7.59 | 6.94 |
| EPS (₹) | 103.95 | 132.87 | 98.44 | 7.96 |
| Dividend per share (₹) | 54.00 | 31.00 | 98.00 | 4.00 |
| Book value per share (₹) | 776.75 | 692.85 | 410.88 | 276.88 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 768 | 656 | 648 | 615 | 721 | 702 | 691 | 653 |
| Revenue growth (YoY) | +6.5% | -6.5% | -6.3% | -5.8% | +3.2% | - | - | - |
| Other income | 2.49 | 2.41 | 1.23 | 2.28 | 1.89 | 1.27 | 1.37 | 6.36 |
| Total expenses | 569 | 532 | 576 | 536 | 637 | 620 | 617 | 554 |
| EBITDA | 199 | 124 | 71.43 | 79.48 | 84.23 | 81.74 | 74.04 | 98.80 |
| EBITDA margin | +25.9% | +18.9% | +11.0% | +12.9% | +11.7% | +11.6% | +10.7% | +15.1% |
| Depreciation | 13.33 | 12.76 | 11.87 | 11.63 | 10.82 | 10.04 | 10.01 | 9.91 |
| Interest | 1.37 | 1.30 | 1.08 | 1.74 | 1.45 | 0.95 | 1.11 | 0.86 |
| Profit before tax | 187 | 112 | 59.71 | 68.39 | 73.85 | 72.02 | 64.29 | 94.39 |
| Tax | 49.38 | 28.05 | 15.41 | 17.61 | 18.98 | 18.86 | 16.59 | 24.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,674 | 2,774 | 2,255 | 2,372 | 2,179 | 1,631 | 1,579 |
| Revenue growth | -3.6% | +23.0% | -5.0% | +8.9% | +33.6% | +3.3% | - |
| Other income | 6.43 | 10.78 | 9.26 | 15.10 | 13.88 | 13.05 | 6.78 |
| Total expenses | 2,313 | 2,428 | 1,990 | 2,097 | 1,704 | 1,218 | 1,552 |
| Employee cost | 75.23 | 70.31 | 67.20 | 72.23 | 74.37 | 70.81 | 57.87 |
| EBITDA | 361 | 345 | 264 | 276 | 475 | 414 | 27.18 |
| EBITDA margin | +13.5% | +12.5% | +11.7% | +11.6% | +21.8% | +25.4% | +1.7% |
| Depreciation | 47.08 | 39.30 | 36.78 | 38.02 | 37.63 | 36.03 | 31.57 |
| Interest | 6.42 | 3.97 | 3.55 | 5.76 | 8.23 | 14.64 | 15.90 |
| Profit before tax | 314 | 313 | 233 | 247 | 443 | 376 | (13.51) |
| Tax | 80.04 | 80.80 | 60.09 | 63.95 | 120 | 95.86 | (3.98) |
| Net profit | 235 | 228 | 172 | 180 | 323 | 277 | 29.12 |
| Net profit margin | +8.8% | +8.2% | +7.6% | +7.6% | +14.8% | +17.0% | +1.8% |
| EPS (₹) | 133.18 | 131.99 | 98.44 | 104.04 | 183.41 | 159.34 | (5.41) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 17.59 | 17.59 | 17.59 | 17.59 | 17.59 | 17.59 | 17.59 |
| Reserves & surplus | 973 | 833 | 705 | 697 | 839 | 871 | 592 |
| Shareholders' funds (net worth) | 990 | 851 | 723 | 715 | 856 | 889 | 609 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 29.02 |
| Unsecured loans | 63.05 | 19.41 | 27.34 | 35.08 | 52.27 | 98.39 | 195 |
| Total debt | 63.05 | 19.41 | 27.34 | 35.08 | 52.27 | 98.39 | 224 |
| Total liabilities | 1,104 | 910 | 779 | 778 | 934 | 1,023 | 868 |
| Assets | |||||||
| Gross block | 689 | 607 | 550 | 532 | 535 | 527 | 487 |
| Net block | 350 | 314 | 295 | 309 | 343 | 369 | 365 |
| Capital work in progress | 102 | 28.52 | 28.09 | 11.88 | 7.05 | 29.71 | 56.27 |
| Investments | 114 | 36.55 | 57.86 | 1.03 | 1.29 | 0.58 | 0.18 |
| Inventories | 460 | 576 | 269 | 346 | 341 | 290 | 268 |
| Sundry debtors | 362 | 347 | 297 | 319 | 307 | 306 | 172 |
| Cash & bank balances | 30.86 | 48.60 | 56.61 | 245 | 179 | 242 | 3.44 |
| Loans & advances | 25.13 | 15.43 | 16.39 | 12.69 | 33.14 | 66.03 | 81.68 |
| Total current assets | 878 | 987 | 639 | 922 | 860 | 904 | 526 |
| Total current liabilities | 364 | 472 | 247 | 472 | 284 | 280 | 179 |
| Net working capital | 514 | 516 | 391 | 450 | 577 | 624 | 347 |
| Total assets | 1,104 | 910 | 779 | 778 | 934 | 1,023 | 868 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 45.85 | 54.48 | 103 | 166 | 139 | 3.16 | 45.40 |
| Net cash from operating activities | 268 | 147 | 216 | 270 | 356 | 385 | 166 |
| Net cash from investing activities | (168) | (37.24) | (87.96) | (136) | 82.94 | (112) | (83.60) |
| Net cash from financing activities | (118) | (118) | (177) | (198) | (412) | (137) | (124) |
| Net change in cash | (18.21) | (8.63) | (48.30) | (63.30) | 27.21 | 136 | (42.25) |
| Closing cash | 30.86 | 48.60 | 56.61 | 245 | 179 | 242 | 3.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -3.6% | +23.0% | -5.0% | +8.9% | +33.6% | +3.3% | - |
| EBITDA growth | +4.6% | +30.7% | -4.1% | -41.9% | +14.7% | +1422.0% | - |
| PBT growth | +0.4% | +34.2% | -5.6% | -44.2% | +17.7% | +9998.0% | +26.9% |
| Net income growth | +2.9% | +32.5% | -4.4% | -44.2% | +16.5% | +851.0% | - |
| Revenue CAGR (3Y) | +4.1% | +8.4% | +11.4% | +14.5% | +1.4% | -4.9% | +2.1% |
| EBITDA CAGR (3Y) | +9.5% | -10.0% | -13.9% | +116.5% | +289.8% | +45.2% | -41.4% |
| Profitability & leverage | |||||||
| Net income margin | +8.8% | +8.4% | +7.7% | +7.7% | +14.8% | +17.2% | -0.6% |
| Return on capital employed | +31.9% | +37.5% | +30.4% | +29.5% | +46.1% | +41.3% | +4.5% |
| Return on net worth | +25.5% | +29.5% | +24.1% | +23.3% | +37.0% | +37.4% | +4.7% |
| Debt / equity | 0.04 | 0.03 | 0.04 | 0.06 | 0.09 | 0.22 | 0.40 |
| Long-term debt / equity | 0.03 | 0.02 | 0.03 | 0.05 | 0.07 | 0.12 | 0.16 |
| Interest cover | 2.04 | 1.30 | 1.56 | 2.42 | 1.88 | 3.88 | -362.19 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.13 | 4.80 | 4.17 | 4.45 | 4.10 | 3.22 | 4.01 |
| Inventory turnover | 5.17 | 6.57 | 7.34 | 6.91 | 6.90 | 5.84 | 5.41 |
| Debtors turnover | 7.54 | 8.61 | 7.33 | 7.59 | 7.12 | 6.82 | 7.74 |
| EPS (₹) | 133.18 | 131.99 | 98.44 | 104.04 | 183.41 | 159.34 | (5.41) |
| Dividend per share (₹) | 54.00 | 31.00 | 98.00 | 104.00 | 297.00 | 10.00 | 0.00 |
| Book value per share (₹) | 563.05 | 483.62 | 410.88 | 406.34 | 487.01 | 505.40 | 346.47 |
To see the full year-wise statements and ratios of Styrenix Performance Materials Limited, buy the company report.
Board of directors of Styrenix Performance Materials Limited
Styrenix Performance Materials has 8 current directors and 31 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Shiwebhagwan Agrawal Also directs: Shiva Pharmachem Limited, Messina Properties LLP, Red Earth Art Galleries LLP and 5 more | Whole-Time Director | 17 Nov 2022 | 3 Years 11 Months | Current |
| Vishal Rakesh Agrawal | Managing Director | 17 Nov 2022 | 3 Years 11 Months | Current |
| Milin Kaimas Mehta | Director | 17 Nov 2022 | 3 Years 11 Months | Current |
| Rahul Rakesh Agrawal | Managing Director | 17 Nov 2022 | 3 Years 11 Months | Current |
| Ravishankar Kompalli | Whole-Time Director | 17 Nov 2022 | 3 Years 11 Months | Current |
| Taneja Premkumar Also directs: 20 Microns Limited, Shiva Pharmachem Limited, Gujarat Power Corporation Limited and 1 more | Director | 17 Nov 2022 | 3 Years 11 Months | Current |
Auditor
Styrenix Performance Materials Limited is audited by Deloitte Haskins & Sells for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2022 | 117365W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 46.20%, foreign institutional investors hold 0.90%, domestic institutional investors hold 17.40% and retail and other public shareholders hold 35.50%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 46.20% | 46.20% | 46.20% | 46.20% |
| Public | 53.80% | 53.80% | 53.80% | 53.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2023 | 100699365 | Hdfc Bank Limited | ₹250 Cr | Open | |
| 22 Feb 2022 | 100544457 | The Hongkong and Shanghai Banking Corporation Limited | ₹70 Cr | Open | |
| 27 Jan 2017 | 100077083 | Others | ₹330 Cr | Open | |
| 27 Dec 1989 | 80050039 | Idbi Bank Limited | ₹80 Lakh | Open | |
| 27 Dec 1989 | 80050119 | Unit Trust of India | ₹20 Lakh | Open |
To see the full charge records of Styrenix Performance Materials Limited, buy the company report.
Total charge records: 29 View all charges
Deals & funding
Styrenix Performance Materials Limited has 9 deals on record (8 market trades, 1 acquisition); the latest was in March 2026.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Market trade | ₹44.14 Cr | Seller: Motilal Oswal Mutual Fund |
| Jun 2024 | Market trade | ₹561.48 Cr | Buyer: Nippon India Mutual Fund, Sageone Investment Managers LLP , Motilal Oswal Mutual Fund Seller: Shiva Performance Materials Private Limited , Mansi Share and Stock Broking Private Limited |
| Jun 2024 | Market trade | ₹37.19 Cr | Buyer: Graviton Research Capital LLP , Mansi Share And Stock Advisors Pvt Ltd Seller: Graviton Research Capital LLP , Mansi Share And Stock Advisors Pvt Ltd |
| Oct 2023 | Market trade | ₹13.66 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jul 2007 | Market trade | ₹1.97 Cr | Seller: Udaipur Cotton Mills Co Ltd |
To see the full deal history of Styrenix Performance Materials Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Styrenix Performance Materials Limited has 120 court cases on record: 64 filed by Styrenix Performance Materials, 56 filed against it. 13 cases are pending and 107 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 70 | 36 | 6 |
| District courts | 43 | 14 | 5 |
| Supreme Court | 7 | 6 | 2 |
Cases on record (5 of 120)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by M/S. Rishi Kiran Terminals Pvt. Ltd. ( Erstwhile Shreeji Power and Insulators Pvt. Ltd. ) | Pending |
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against Lotte Electronics Ltd | Pending |
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against Star Poly Polymers Pvt Ltd and 2 others | Pending |
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Dakshin Gujarat Vij Company Ltd. O , District: Surat ,Surat , Gujarat and 28 others | Pending |
| Bombay High Court | Court case (EXA) | Filed against the company by Imc Limited | Pending |
To see the full case history of Styrenix Performance Materials Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Styrenix Performance Materials Limited was last rated by Care on 10 Aug 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 10 Aug 2022 |
To see the full credit ratings and regulatory alerts of Styrenix Performance Materials Limited, buy the company report.
MSME payment delays
Styrenix Performance Materials Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 362 overdue payments to 66 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 66)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sovereign Tech Engineering Services Pvt Ltd | |||
| Eskay Construction | |||
| an individual supplier | |||
| an individual supplier | |||
| Suvira Utility Services Private Limited |
To see the full MSME payment records of Styrenix Performance Materials Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Styrenix Performance Materials Limited has a workforce of 461 employees on its EPFO records as of Apr 04, 2024, across 2 active EPFO establishments.
GST
Styrenix Performance Materials has 16 GST registrations: 9 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACB6164H1ZW | Gujarat | Active | 01 Jul 2017 |
| 24AAACB6164H2ZV | Gujarat | Active | 31 Aug 2017 |
| 09AAACB6164H1ZO | Uttar Pradesh | Active | 01 Jul 2017 |
| 27AAACB6164H1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Styrenix Performance Materials Limited, buy the company report.
Recent activity
Styrenix Performance Materials Limited has 65 board changes on record since 2001: 37 appointments and 28 cessations. The latest: Abhijaat Akhilesh Sinha ceased to be Company Secretary on 08 Dec 2023.
111 earlier events are in the company report.
News
Frequently asked questions
Styrenix Performance Materials is an active public limited company based in Vadodara, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 07 December 1973 (53+ years old) and is registered under CIN L25200GJ1973PLC002436. Listed on BSE: 506222 and NSE: STYRENIX.
Styrenix Performance Materials reported revenue of ₹3,438.03 Cr for FY 2025-26 (up 15.3% YoY) based on consolidated financials.
Styrenix Performance Materials has 8 current directors:
- Vishal Rakesh Agrawal - Managing Director
- Rahul Rakesh Agrawal - Managing Director
- Rakesh Shiwebhagwan Agrawal - Whole-Time Director
- Ravishankar Kompalli - Whole-Time Director
- Milin Kaimas Mehta - Director
- Taneja Premkumar - Director
- Radhika Nath - Director
- Prasad Parameswaranpillai Naga - Director
The latest financial statements of Styrenix Performance Materials on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Styrenix Performance Materials is 24AAACB6164H1ZW, registered in Gujarat. The company has 16 GST registrations in all, of which 9 are active and 7 are cancelled or inactive. Other active GSTINs include 24AAACB6164H2ZV (Gujarat), 09AAACB6164H1ZO (Uttar Pradesh), 27AAACB6164H1ZQ (Maharashtra).
The CIN (Corporate Identification Number) of Styrenix Performance Materials is L25200GJ1973PLC002436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Styrenix Performance Materials is a listed company as per MCA records. Its shares are listed on both BSE (code: 506222) and NSE (symbol: STYRENIX).
Styrenix Performance Materials has 120 court cases on record: 64 filed by the company and 56 filed against it. 13 are pending. Most are in the high courts.
Styrenix Performance Materials was incorporated on 07 December 1973, making it 53+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Styrenix Performance Materials has 9 deals on record (8 market trades, 1 acquisition); the latest was in March 2026.
Abhijaat Akhilesh Sinha ceased to be Company Secretary on 08 Dec 2023. Bhupesh P Porwal was appointed as CFO on 24 Nov 2023. Sanjeev Madan ceased to be CFO on 19 Sep 2023. Styrenix Performance Materials has 65 board changes on record in total.