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Styrenix Perfor.

  • Market Cap: Small Cap
  • Industry: Plastic Products
  • ISIN: INE189B01011
  • NSEID: STYRENIX
  • BSEID: 506222
INR
2,684.75
108.75 (4.22%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 19.13 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

19.13 k (-0.91%) Volume

Shareholding (Dec 2024)

FII

3.37%

Held by 67 FIIs

DII

11.29%

Held by 10 DIIs

Promoter

46.24%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

High Management Efficiency with a high ROE of 25.38%

 
2

Company has a low Debt to Equity ratio (avg) at 0 times

 
3

Healthy long term growth as Operating profit has grown by an annual rate 132.35%

 
4

Flat results in Dec 24

5

Stock is technically in a Mildly Bullish range

6

With ROE of 28.4, it has a Expensive valuation with a 5.6 Price to Book Value

7

Increasing Participation by Institutional Investors

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Plastic Products

stock-summary
Market cap

INR 4,721 Cr (Small Cap)

stock-summary
P/E

20.00

stock-summary
Industry P/E

33

stock-summary
Dividend Yield

2.29%

stock-summary
Debt Equity

-0.04

stock-summary
Return on Equity

28.38%

stock-summary
Price to Book

5.63

Revenue and Profits (1 Year):
Net Sales:
691 Cr
(Quarterly Results - Dec 2024)
Net Profit:
48 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (2.29%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
5.28%
1.28%
6.56%
1 Year
72.03%
3.58%
75.61%
2 Years
238.3%
18.99%
257.29%
3 Years
142.16%
44.42%
186.58%
4 Years
159.57%
43.97%
203.54%
5 Years
392.75%
90.00%
482.75%

Latest dividend: 31 per share ex-dividend date: Dec-17-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
9.19%
EBIT Growth (5y)
132.35%
EBIT to Interest (avg)
52.90
Debt to EBITDA (avg)
0.58
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.44
Tax Ratio
25.22%
Dividend Payout Ratio
95.48%
Pledged Shares
0
Institutional Holding
14.66%
ROCE (avg)
40.45%
ROE (avg)
25.38%
Valuation key factors
Factor
Value
P/E Ratio
20
Industry P/E
33
Price to Book Value
5.63
EV to EBIT
15.20
EV to EBITDA
13.45
EV to Capital Employed
5.82
EV to Sales
1.70
PEG Ratio
0.53
Dividend Yield
2.29%
ROCE (Latest)
36.27%
ROE (Latest)
28.38%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 4 Schemes (8.33%)

FIIs

Held by 67 FIIs (3.37%)

Promoter with highest holding

Shiva Performance Materials Private Limited (46.24%)

Highest Public shareholder

Nippon Life India Trustee Ltd-a/c Nippon India Small Cap Fund (5.44%)

Individual Investors Holdings

28.67%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 5.75% vs -6.51% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -31.94% vs 14.53% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "690.79",
          "val2": "653.22",
          "chgp": "5.75%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "74.04",
          "val2": "98.80",
          "chgp": "-25.06%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.11",
          "val2": "0.86",
          "chgp": "29.07%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "47.70",
          "val2": "70.09",
          "chgp": "-31.94%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.72%",
          "val2": "15.13%",
          "chgp": "-4.41%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 18.72% vs -5.09% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 47.76% vs -19.50% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,351.93",
          "val2": "1,138.78",
          "chgp": "18.72%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "188.53",
          "val2": "133.77",
          "chgp": "40.94%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.47",
          "val2": "1.46",
          "chgp": "0.68%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "131.30",
          "val2": "88.86",
          "chgp": "47.76%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.95%",
          "val2": "11.75%",
          "chgp": "2.20%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 25.83% vs -7.60% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 44.59% vs -11.94% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,042.72",
          "val2": "1,623.46",
          "chgp": "25.83%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "262.57",
          "val2": "191.66",
          "chgp": "37.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.58",
          "val2": "2.13",
          "chgp": "21.13%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "179.00",
          "val2": "123.80",
          "chgp": "44.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.85%",
          "val2": "11.81%",
          "chgp": "1.04%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -6.33% vs 8.87% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -5.38% vs -43.26% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,222.17",
          "val2": "2,372.27",
          "chgp": "-6.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "263.54",
          "val2": "275.21",
          "chgp": "-4.24%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.76",
          "val2": "5.33",
          "chgp": "-48.22%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "173.17",
          "val2": "183.01",
          "chgp": "-5.38%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.86%",
          "val2": "11.60%",
          "chgp": "0.26%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
690.79
653.22
5.75%
Operating Profit (PBDIT) excl Other Income
74.04
98.80
-25.06%
Interest
1.11
0.86
29.07%
Exceptional Items
0.00
0.00
Standalone Net Profit
47.70
70.09
-31.94%
Operating Profit Margin (Excl OI)
10.72%
15.13%
-4.41%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 5.75% vs -6.51% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -31.94% vs 14.53% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,351.93
1,138.78
18.72%
Operating Profit (PBDIT) excl Other Income
188.53
133.77
40.94%
Interest
1.47
1.46
0.68%
Exceptional Items
0.00
0.00
Standalone Net Profit
131.30
88.86
47.76%
Operating Profit Margin (Excl OI)
13.95%
11.75%
2.20%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 18.72% vs -5.09% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 47.76% vs -19.50% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
2,042.72
1,623.46
25.83%
Operating Profit (PBDIT) excl Other Income
262.57
191.66
37.00%
Interest
2.58
2.13
21.13%
Exceptional Items
0.00
0.00
Standalone Net Profit
179.00
123.80
44.59%
Operating Profit Margin (Excl OI)
12.85%
11.81%
1.04%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 25.83% vs -7.60% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 44.59% vs -11.94% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
2,222.17
2,372.27
-6.33%
Operating Profit (PBDIT) excl Other Income
263.54
275.21
-4.24%
Interest
2.76
5.33
-48.22%
Exceptional Items
0.00
0.00
Standalone Net Profit
173.17
183.01
-5.38%
Operating Profit Margin (Excl OI)
11.86%
11.60%
0.26%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -6.33% vs 8.87% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -5.38% vs -43.26% in Mar 2023

stock-summaryCompany CV
About Styrenix Performance Materials Ltd stock-summary
stock-summary
Styrenix Performance Materials Ltd
Small Cap
Plastic Products
Styrenix Performance Materials Limited was formerly incorporated in the name of 'INEOS ABS (India) Limited' on December 7, 1973. The Company name was thereafter changed from 'INEOS ABS (India) Limited' to Styrolution ABS (India) Limited on May 1, 2012 to 'INEOS Styrolution India Limited' on March 18, 2016 upon amalgamation and further to 'Styrenix Performance Materials Limited' on January 5, 2023.
Company Coordinates stock-summary
Company Details
ABS Towers 6th Floor, Old Padra Road Vadodara Gujarat : 390007
stock-summary
Tel: 91-265-2303201/02
stock-summary
INSTY.secshare@ineos.com
Registrar Details
Link Intime India Pvt Ltd., B-102 & B103, Shangrila Complex, First Floor, Opp: HDFC Bank, Near Radhakrishna Char Rasta, Akota, Vadodara