Styrenix Performance Materials Ltd.

1639.65 -7.25 ▼-0.4%

03 May 2024, 04:01:00 PM
Volume: 1,628

Company Profile

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Website http://www.styrenix.com
Market Cap 2,878.42 Cr.
Enterprise Value(EV) 2,754.47 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 94.53 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 17.32 Trailing Twelve Months Ending 2023-12
Industry PE 51.50 Trailing Twelve Months Ending 2023-12
Book Value / Share 452.89 Trailing Twelve Months Ending 2023-12
Price to Book Value 3.61 Calculated using Price: 1,636.80
Dividend Yield 6.35 Period Ending 2023-03
No. of Shares Subscribed 1.76 Cr. 17,585,625 Shares
FaceValue 10
About Styrenix Performance Materials Ltd.
Styrolution ABS (India) Ltd was earlier known as INEOS ABS (India). The Company was originally incorporated as ABS Plastics in the year 1973 then changed its name to ABS Industries. The erstwhile ABS Industries now INEOS ABS (India) (the ‘Company') w.e.f. June 17, 2008, is a pioneer in developing the market for the versatile engineering thermoplastic material – Acrylonitrile Butadiene Styrene (ABS) in India, when it started its operation in 1978 by manufacturing and marketing ABS polymer under the brand name of ABSOLAC. Since then the company has been continuously growing through a planned process of aggressive market development and consolidation, technology updation and capacity build up.

Styrenix Performance Materials Ltd. Delivery

Delivered Qty
Traded Qty

Styrenix Performance Materials Ltd. Performance

1 Day
-0.44%
1 Week
-0.22%
1 Month
+8.74%
3 Month
+6.42%
6 Month
+17.27%
1 Year
+106.97%
2 Year
+99.99%
5 Year
+197.55%
10 Year
+265.99%

Styrenix Performance Materials Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 7.14 12.39 12.44 10.75 -1.97 -1.55 37.41 36.96 23.3
Return on Capital Employed (%) 11.28 10.93 15.27 15.12 -0.71 0.29 45.32 49.86 31.72
Return on Assets (%) 3.16 6.3 6.91 6.05 -1.12 -0.87 23.66 25.34 14.67

Styrenix Performance Materials Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 504 527 587 645 623 609 889 856 715 762
Non Curr. Liab. 298 23 36 71 116 152 120 85 68 63
Curr. Liab. 300 376 458 394 382 294 305 291 480 263
Minority Int.
Equity & Liab. 1,102 925 1,081 1,110 1,122 1,055 1,313 1,232 1,263 1,088
Non Curr. Assets 617 282 277 404 456 529 409 372 341 336
Curr. Assets 484 643 804 705 666 526 904 860 922 752
Misc. Exp. not W/O
Total Assets 1,102 925 1,081 1,110 1,122 1,055 1,313 1,232 1,263 1,088

Styrenix Performance Materials Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 1,463 1,584 1,482 1,895 2,091 1,579 1,631 2,179 2,372 2,239
Other Income 5 3 4 7 13 7 13 14 15 10
Total Income 1,468 1,587 1,486 1,902 2,104 1,586 1,645 2,193 2,387 2,249
Total Expenditure -1,380 -1,488 -1,347 -1,760 -2,083 -1,514 -1,218 -1,704 -2,097 -1,981
PBIDT 88 99 139 142 21 72 427 488 290 268
Interest -15 -11 -14 -14 -13 -16 -15 -8 -5 -4
Depreciation -21 -27 -25 -25 -27 -32 -36 -38 -38 -37
Taxation -17 4 -31 -37 6 4 -96 -120 -64 -61
Exceptional Items -38
PAT 35 64 69 66 -12 -10 280 323 183 166
Adjusted EPS 20 36 39 38 -7 -5 159 183 104 95

Styrenix Performance Materials Ltd. Cash Flow

Particulars 10 years 2013-12 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 50 20 28 -16 173 -36 166 385 356 270
Cash Fr. Inv. -57 -51 -6 -15 -21 -93 -84 -112 83 -136
Cash Fr. Finan. 13 -1 -18 22 -127 135 -124 -137 -412 -198
Net Change 7 -32 5 -9 24 5 -42 136 27 -63
Cash & Cash Eqvt 37 5 25 16 40 45 3 139 166 103

Styrenix Performance Materials Ltd. Shareholding Pattern

9 Qtrs 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%) 2024-03 (%)
Promoter 75.00 61.19 61.19 62.73 62.73 62.73 62.73 62.73 62.73
Public 25.00 38.81 38.81 37.27 37.27 37.27 37.27 37.27 37.27
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 100.00 100.00 100.00 100.00 100.00 100.00
No. of Shareholders (in Lacs)

Styrenix Performance Materials Ltd. Announcements

Tue, 30 Apr 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
We would like to inform that the Company has organized an Earnings Call-in respect of its Financial Results for the fourth quarter and year ended on March 31 2024 with its stakeholders.The details for the said earnings call are as under:Earnings Call Co-coordinator: Chorus call conferencing servicesDay Date: Wednesday May 8 2024Timings 16:00 hrs. onwardsUniversal Dial In Numbers : +91 22 6280 1135 ; +91 22 7115 8022We hereby invite concerned stakeholders to join the above-mentioned call.
Tue, 30 Apr 2024
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1 Name of Company Styrenix Performance Materials Ltd
2 CIN NO. L25200GJ1973PLC002436
3 Report filed for FY 2023-2024
Details of the Current block (all figures in Rs crore):
4 2 - year block period (Specify financial years)* FY 2022-23 2023-24
5 Incremental borrowing done in FY (T)(a) 0.00
6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 0.00
7 Actual borrowing done through debt securities in FY (T)(c) 0.00
8 Shortfall in the borrowing through debt securities if any for FY (T - 1) carried forward to FY (T) (d) 0
8Quantum of (d) which has been met from (c)(e)* 0
9 Shortfall if any in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative write nil}* 0


Details of penalty to be paid if any in respect to previous block (all figures in Rs crore):
2 - year Block period (Specify financial years)FY 2022-23 2023-24
Amount of fine to be paid for the block if applicable Fine = 0.2% of {(d) - (e)}#0.00



Name of the Company Secretary :-Chintankumar Doshi
Designation :-Company Secretary and Compliance Officer
Name of the Chief Financial Officer :- Bhupesh P Porwal
Designation : -Chief Financial Officer

Date: 30/04/2024

Tue, 30 Apr 2024
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanyStyrenix Performance Materials Ltd
2CIN NO.L25200GJ1973PLC002436
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 0.00
4Highest Credit Rating during the previous FY NA
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: Chintankumar Doshi
Designation: Company Secretary and Compliance Officer
EmailId: chintan.doshi@styrenix.com
Name of the Chief Financial Officer: Bhupesh P Porwal
Designation: Chief Financial Officer
EmailId: bhupesh.porwal@styrenix.com

Date: 30/04/2024

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.

Styrenix Performance Materials Ltd. Technical Scans

Fri, 03 May 2024
Closing Below Previous Low Closing Below Previous Low
Making Lower Lows for 3 days Making Lower Lows for 3 days
Close Within 52 Week High Zone Close Within 52 Week High Zone
Making Lower Lows for 2 Days Making Lower Lows for 2 Days
High Increase in 1 Month High Increase in 1 Month

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