Styrenix Performance Materials share price today

Styrenix Performance Materials Ltd's share price was ₹1,801.30 at the close on 4 November 2026. It has been falling for 7 weeks. That is 16.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,755 and ₹2,477, and at that close it sat 6% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Styrenix Performance Materials Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 14 weeks running.

Over the last 11 years the share price moved +224% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 31 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: profit fell in the September 2026 quarter and operating margin down 4 points on a year earlier.

1. Profit fell in the September 2026 quarter

   Profit was ₹23 crore, -48.9% on a year earlier (₹45 crore), after 2 quarters of growth.

   Why: Profit fell because the Thailand plant's cost base is still too high, which pulled down the group result even though the India business held up.

   Next results: check whether sales of GPPS, a plastic grade, recover without speculative buying of raw material styrene.

   From the earnings call on 29 Oct 2026.

2. Operating margin down 4 points on a year earlier

   7% in the September 2026 quarter, from 11%.

   Why: The margin fell because the Thailand plant sells higher-margin specialty products but its costs are too heavy, which pulled down the group margin.

   Next results: check whether the Thailand plant's cost gap narrows.

   From the earnings call on 29 Oct 2026.

Styrenix Performance Materials paid ₹46 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 2.55% at the ₹1,801.30 close on 4 November 2026. The last was an interim dividend of ₹23 a share, ex-date 10 August 2026.

Styrenix Performance Materials dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Styrenix Performance Materials Ltd paid out 52% of its profit as dividends in FY26, and it paid a dividend in each of its last 4 reported years.

From the NSE corporate-actions record, read 5 November 2026.

For July to September 2026 (the quarter ended 30 September 2026), Styrenix Performance Materials reported revenue of ₹994 crore, up 24.4% from ₹799 crore a year earlier, and a profit of ₹23.0 crore, down 48.9% from ₹45.0 crore.

Styrenix Performance Materials results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Styrenix Performance Materials' management discussed these results on a call held on 29 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Styrenix Performance Materials closed at ₹1,801.30 on 4 November 2026, down 23.4% from ₹2,352.10 a year earlier (7 November 2025) and up 20.3% over five years. Its highest weekly close since March 2016 was ₹3,322.50 on 20 June 2025.

Styrenix Performance Materials share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Styrenix Performance Materials closed at ₹1,801.30, up 2.6% on the week and down 12.3% on the month. 29 Oct 2026: Styrenix Performance Materials held its results call for July to September 2026. Management guided: Phase 1 expansion to come on stream by end FY27 with three plants synchronized.

Earlier

• Results for July to September 2026: Revenue up 24.4% and profit down 48.9% on a year earlier.
• 10 Aug 2026: ex-date for an interim dividend of ₹23 a share.
• 5 Feb 2026: ex-date for an interim dividend of ₹23 a share.

On the call for July to September 2026, held on 29 October 2026, Styrenix Performance Materials' management guided: Phase 1 expansion to come on stream by end FY27 with three plants synchronized.

“I would say that it would be wise to assume that performance in Thailand would remain consistent with what it was last year over the course of the next 2 years”Rahul Agrawal, on the call for July to September 2026

What management guided

• Large part of new capacity to be utilized in next financial year with full utilization thereafter.
• Phase 2 proceeding per original timeline with work already started for completion shortly after Phase 1.
• Second-half ABS volumes steady at Q2 run-rate with HIPS at historical pace; GPPS somewhat better but below history.
• Q2 seen as normalized base.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 29 October 2026.

When Styrenix Performance Materials reports October to December 2026, these are the 2 checks that show whether the story is still on course. First: Thai quarterly volumes to lift from flagged low base alongside fresh specialty approvals.

Styrenix Performance Materials is on 2 of our India lists: 52 week high & low and Dividend stocks.

Styrenix Performance Materials Ltd earned ₹23.0 Cr of net profit in the Sep 2026 quarter, −48.9% on the same quarter a year earlier. Full-year FY26 profit was ₹183 Cr. Over 11 years profit has grown 22.9% a year on average. That is 2.3% of the quarter's revenue. The same quarter a year earlier earned ₹45.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹183 Cr (−21.8% on the year before).

Why profit moved: revenue changed +24.4% on a year earlier and the margin moved −4.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +20.6% and revenue +11.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Styrenix Performance Materials Ltd reported ₹994 Cr of revenue in the Sep 2026 quarter, +24.4% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 11 years it has grown 5.0% a year on average. The last full year, FY26, came in at ₹3,438 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹3,700 Cr.

FY26 revenue was ₹3,438 Cr, +15.3% on the year before.

Recent pace: the last four quarters grew +11.3% on average, against 5.0% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +9.7%, against +23.2% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +25.0%, against +7.8% a year (accelerating).

Styrenix Performance Materials Ltd's operating margin was 7.0% in the Sep 2026 quarter, 4.0 percentage points lower than the same quarter a year ago. Across 4 years it has been between 4.0% and 12.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −3.5 percentage points on the year while gross margin changed −6.6 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 77% of Styrenix Performance Materials Ltd's reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 it brought in ₹183 Cr of operating cash against ₹183 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹238 Cr of spending on assets, free cash was −₹55.0 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 77% of profit came in as cash: the cash cycle got 52 days longer between FY15 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 52 days longer. The next section looks at where the cash is stuck.

Styrenix Performance Materials Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 81 days in FY26, up from 29 days in FY15. It spent ₹913 Cr on assets over the last 2 years. Customers take 46 days to pay, and stock sits for 98 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹3,438 Cr, each day of that cycle ties up about ₹9.4 Cr, so roughly ₹763 Cr is tied up in the business at any time.

FY26: customers took 46 days to pay and stock sat for 98 days, about 3.2 months of sales sitting as stock, for a full cycle of 81 days, longer than FY15's 29.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 98 days. Customers pay about 46 days after that. Suppliers are paid at 62 days. Together that makes the 81-day cycle.

Spending on assets: ₹913 Cr over the last 2 years, against ₹169 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹105 Cr (FY26): assets paid for that are not earning yet.

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

Styrenix Performance Materials Ltd's P/E is 12.5×, about the lowest it has ever been. Its usual P/E (the middle reading) is 21.4×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.