Business description: Styrenix Performance Materials Limited

Styrenix Performance Materials Limited is an India-based company, which is engaged in manufacturing, trading and selling engineering thermoplastics. The Company is a producer of Absolac (ABS). ABS is a plastic resin produced from Acrylonitrile, Butadiene & Styrene, used for manufacturing of home appliances, automobiles, consumer durables and business machines. It is also a manufacturer of Absolan (SAN), which 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 is engaged in providing styrenic applications for various everyday products across a range of industries, including automotive, electronics, household, construction, healthcare, packaging, and toys/sports/leisure. Its products include Absolac ABS, Absolac High Heat ABS, Absolan SAN, GPPS, and HIPS. The Company has manufacturing facilities at Nandesari, Moxi, Katol and Dahej in Gujarat.

Number of employees: 440

Sales by Activity: Styrenix Performance Materials Limited

Fiscal Period: March 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR) 2026 (INR)

Engineering Polymers

- - 22.22B 29.82B 34.38B

Polystyrene

6.6B 7.73B - - -

Specialties

15.19B 15.99B - - -

Geographical breakdown of sales: Styrenix Performance Materials Limited

Fiscal Period: March 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR) 2026 (INR)

India

21.79B 23.72B 22.22B 27.48B 26.26B

Overseas

- - - 2.34B 8.12B

Executive Committee: Styrenix Performance Materials Limited

Manager TitleAgeSince
Chief Executive Officer 52 2022-11-16
Chief Executive Officer 48 2022-11-16
Director of Finance/CFO - 2014-08-08
Compliance Officer - 2023-12-21

Composition of the Board of Directors: Styrenix Performance Materials Limited

Director TitleAgeSince
Director/Board Member 69 2022-11-16
Chairman 79 2022-11-16
Director/Board Member 62 2022-11-16
Director/Board Member - 2023-01-04
Director/Board Member 66 2023-01-03
Director/Board Member 52 2022-11-16
Director/Board Member 48 2022-11-16
Director/Board Member - 2022-11-16

Shareholders: Styrenix Performance Materials Limited

NameStocks%Valuation
Shiva Performance Materials Pvt Ltd.
46.24 %
8,131,158 46.24 % 171 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt)
6.311 %
1,109,890 6.311 % 23 M ₹
Bandhan AMC Ltd.
4.3 %
756,150 4.3 % 16 M ₹
IKIGAI Asset Manager Holdings Pvt Ltd.
2.282 %
401,348 2.282 % 8 M ₹
Enam Investment & Services Pvt Ltd.
1.137 %
200,000 1.137 % 4 M ₹

Company details: Styrenix Performance Materials Limited

Styrenix Performance Materials Ltd.

Shiva, Sarabhai Complex

390023, Vadodara

+91 26 5230 3201

http://styrenix.com
address Styrenix Performance Materials Limited(STYRENIX)

Plastics

Change 5-day change 1-year change 3-year change Capi.($)
-7.56%-10.42%-27.68%+27.22% 361M
-0.10%+1.25%+14.24%+37.14% 234B
-0.11%+1.16%+11.20%+31.57% 124B
-1.60%-4.53%-4.55%+35.91% 78.68B
+7.23%+7.77%+641.86%+412.86% 72.76B
+0.03%+1.53%+20.11%+11.24% 68.39B
-0.88%+7.41%-21.88%-38.38% 38.11B
+0.18%+5.32%+12.75%-19.80% 33.01B
+1.04%+11.21%+32.65%-29.06% 24.54B
+4.41%+9.05%+12.32%-1.89% 25.22B
Average +0.30%+3.48%+69.10%+46.68% 69.93B
Weighted average by Cap. +1.15%+2.55%+75.99%+62.04%
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
1,804.25INR
Average target price
2,900.00INR
Spread / Average Target
+60.73%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Styrenix Performance Materials Limited
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