Styrenix Performance Materials Ltd

Styrenix Performance Materials Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be closed from October 1, 2026, to facilitate the declaration of the unaudited financial results for the second quarter and half-year ended September 30, 2026. Trading is expected to resume 48 hours after the results are officially disseminated to the stock exchanges. The date of the board meeting to approve these results will be communicated separately.

Styrenix Performance Materials Ltd has received an order from the Assessment Unit, Income Tax Department, for Assessment Year 2023-24. The order, passed under Section 143(3) r.w.s 144C(13) r.w.s 144B of the Income-tax Act, 1961, includes a demand of INR 1,92,58,290. The company stated that this order does not have a material impact on its financial position or operations. Styrenix plans to file an appeal against the assessment order within the stipulated timeline.

Styrenix Performance Materials Ltd has announced the details for its 53rd Annual General Meeting (AGM) for the Financial Year 2025-26. The AGM will be held on Thursday, August 27, 2026, at 11:30 A.M. IST, through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). Key agenda items include the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, the re-appointment of Mr. Vishal Rakesh Agrawal as a Director, and the ratification of remuneration for Cost Auditors for FY 2026-27, amounting to ₹4,25,000 per annum plus applicable taxes. E-voting will commence on August 24, 2026, and conclude on August 26, 2026. The notice is in compliance with SEBI regulations and is available on the company's website.

Styrenix Performance Materials Ltd has filed its 53rd Annual Report for the financial year 2025-26. The report details operational performance, highlighting stable domestic demand and increased ABS and SAN volumes driven by automotive and consumer durables sectors. The company is accelerating a brownfield ABS expansion, planning to add 50 KT capacity by FY27. The report also covers corporate governance, financial statements, and sustainability initiatives. The 53rd Annual General Meeting (AGM) is scheduled for August 27, 2026, via VC/OAVM.

Styrenix Performance Materials Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. This report, forming part of the company's 53rd Annual Report, details Styrenix's commitment to ESG principles, aligning with UNSDGs and focusing on Collaboration, Control, Communication, and Commitment. The company operates in the chemical industry, adhering to stringent environmental and labor law compliances. The BRSR covers general disclosures, business activities (100% manufacturing of Engineering Polymers), products/services, and operations, including its B2B model serving plastic processing customers across various industries. Disclosures are made on a standalone basis.

Styrenix Performance Materials Ltd announced an interim dividend of ₹23 per equity share for FY 2026-27. The record date for this dividend has been fixed as August 10, 2026. The company's Board of Directors also approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The financial results showed a profit after tax of ₹137.32 Crores for the quarter. The dividend declaration is a positive signal to shareholders, reflecting the company's financial performance and confidence in future prospects.

Styrenix Performance Materials Ltd announced an interim dividend of ₹23 per equity share for the Financial Year 2026-27. The record date for determining eligible shareholders has been fixed as August 10, 2026. This decision was made during the Board of Directors meeting held on August 4, 2026, which also approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The company reported a profit after tax of ₹137.32 Crores for the quarter.

Styrenix Performance Materials Ltd announced an interim dividend of ₹23 per equity share for the fiscal year 2026-27. The company's Board of Directors approved this dividend during a meeting held on August 4, 2026. The record date for determining eligible shareholders has been fixed as August 10, 2026. The company also approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026, reporting a profit after tax of ₹137.32 Crores for the quarter. The Board meeting commenced at 11:50 hours IST and concluded at 12:45 hours IST.

Styrenix Performance Materials Ltd announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The company's Board of Directors also approved the declaration of an interim dividend of ₹23 per equity share for the Financial Year 2026-27. The record date for this dividend has been set as August 10, 2026. The financial results show a profit after tax of ₹137.32 Crores for the quarter. The Board meeting, which considered these matters, commenced at 11:50 hours IST and concluded at 12:45 hours IST.

Styrenix's consolidated revenue for the quarter ended June 30, 2026 rose 7.1% YoY to ₹1,010.86 Cr (+22.4% QoQ), while PAT more than doubled YoY to ₹138.30 Cr, up from ₹51.92 Cr a year earlier and up 88.2% sequentially from ₹73.48 Cr in Q4 FY26. Consolidated EPS came in at ₹78.64 against ₹29.52 a year ago. The standalone entity posted PAT of ₹137.32 Cr (EPS ₹78.09), tracking closely with the consolidated figure, with the Thailand step-down subsidiary contributing ₹320.90 Cr of revenue and ₹5.03 Cr of PAT to the group. No exceptional items featured in either the current quarter or the year-ago quarter, so this is a clean like-for-like comparison rather than a base-effect artifact. The growth sits almost entirely on the cost line rather than volumes or pricing — cost of materials consumed fell to 69.9% of consolidated revenue from 82.7% a year earlier, pushing PBDIT margin to 22.1% from 10.6% YoY (15.5% in Q4 FY26) and net margin to 13.7% from 5.5% YoY. Employee and other expenses grew broadly in line with revenue, so the margin expansion is squarely a raw-material spread story. That is notable against management's own May-2026 concall guidance, which flagged only that "raw material and finished product prices are expected to move in tandem" — language implying broadly stable spreads rather than the sharp widening actually delivered — so on this specific metric the quarter reads as a beat versus the company's own cautious framing. Management gives no formal numeric guidance, and we found no analyst consensus estimates for this specific quarter — Styrenix is a thinly covered small-cap and no broker preview note turned up in search, so the print cannot be benchmarked against Street expectations. The ABS capacity expansion management flagged for H2 FY27 commissioning, and the longer-term plan to double ABS/SAN output in India while using Thailand as a capacity base (guided to turn attractive at 60-70% utilization), see no update in this filing. Alongside the results, the board declared an interim dividend of ₹23 per share (230% of face value), record date August 10, 2026 — a step-up in payout announced the same day as a June 2026 ITAT win deleting ₹17.11 Cr of additions, though that tax matter does not appear to have moved this quarter's effective tax rate, which held near 26.7% (26.5% standalone), consistent with a normal-course tax charge rather than a one-off credit.