Styrenix Performance Materials has announced its audited financial results for the quarter and year ended March 31, 2026. The company delivered a resilient performance, with the standalone business reporting FY26 total income of ₹2,646.7 crore and a PAT of ₹234.3 crore. The successful integration of the Thailand acquisition and continued focus on high-margin specialty products have strengthened the company’s market position as a leading engineering polymer manufacturer.
Financial Performance Overview
For the financial year ended March 31, 2026, Styrenix reported a robust standalone financial performance. The company achieved a total income of ₹2,646.7 crore, while the Profit After Tax (PAT) stood at ₹234.3 crore. The standalone EBITDA margin improved to 14.0%, demonstrating operational efficiency and a successful product mix strategy. Earnings Per Share (EPS) for the year reached ₹133.22.
Strategic Growth and Thailand Acquisition
The company continues to execute its strategic expansion plans, notably through the acquisition of INEOS Styrolution (Thailand), which was completed in January 2025. This USD 22 million investment provides access to advanced technology and a 100,000 TPA SAN capacity, significantly enhancing the company’s global reach. Management highlighted that this integration is already yielding key synergies, including an improved product mix and a broader customer base in the EV and appliance segments.
Operational Highlights and Future Outlook
Styrenix maintains a solid operational foundation with five state-of-the-art manufacturing units and an ISO-certified R&D laboratory. The company continues to invest in capacity, with a 50,000 TPA ABS expansion project currently underway. Despite geopolitical uncertainties and supply chain fluctuations, the company is well-positioned to serve both local and global markets by leveraging its backward-integrated manufacturing capabilities and strong customer relationships across 600+ clients.
Source: BSE
