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    Styrenix Performance Materials Limited

    India's leading ABS/SAN manufacturer, also making polystyrene and specialty blends in India and Thailand.

    Chemicals
    Commodities
    View STYRENIX earnings calls
    ₹2,312.9
    +4.40% from avg

    Overview

    Price

    ₹2,312.9

    Market Cap

    ₹4.3k Cr

    Sector

    Chemicals

    Commodities

    Rank

    2

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY15FY24FY25FY26FY26
    LiabilitiesEquity Capital1818181818
    Reserves4697051.1k1.2k1.3k
    Borrowings17027397328326
    Other Liabilities371288727722790
    Total Liabilities1.0k1.0k2.3k2.3k2.5k
    AssetsFixed Assets288295863898962
    CWIP0282958105
    Investments058201097
    Other Assets7406571.4k1.3k1.3k
    Total Assets1.0k1.0k2.3k2.3k2.5k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY15FY24FY25FY26
    ActivitiesCash from Operating6021654183
    Cash from Investing-66-88-85-171
    Cash from Financing-10-17774-40
    SummaryCapital Expenditure
    Free Cash Flow12178-38226
    FCF Margin

    Valuation

    Assumptions

    Current — STYRENIX
    Price
    ₹2,313
    EPS (TTM)
    ₹100.87
    PE (TTM)
    22.9
    Profit growth
    -24.4%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (20.6×) and current (22.9×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹2,313
    vs
    Fair value · 15% return
    ₹189
    92%Overvalued

    At -24.4% growth and a 21× exit, ₹2313 only delivers your return if you pay ₹189. The price is currently baking in 19% growth.

    EPS grows -24.4%/yr for 5 years, then fades to 6% over 2, exits at 21×.

    YearGrowthEPS (₹)
    FY27-24.4%76.26
    FY28-24.4%57.65
    FY29-24.4%43.58
    FY30-24.4%32.95
    FY31-24.4%24.91
    FY32-9.2% ·fade22.62
    FY336.0% ·fade23.98

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Styrenix Performance Materials Limited

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