Styrenix Performance Materials Limited (NSE:STYRENIX) filed an investor presentation on 5 August 2026, disclosing unaudited standalone and consolidated financial results for Q1 FY27 ended 30 June 2026. Standalone EBITDA more than doubled year-on-year to Rs 201.4 crore, with PAT rising to Rs 137.3 crore.
Key Highlights
- Standalone total income rose to Rs 770.5 crore in Q1 FY27 from Rs 723.0 crore in Q1 FY26, with EBITDA margin expanding to 26.1% from 11.9% year-on-year.
- Standalone PAT increased to Rs 137.3 crore in Q1 FY27 versus Rs 54.9 crore in Q1 FY26, with PAT margin improving to 17.8% from 7.6%.
- Consolidated revenue from operations reached Rs 1,010.9 crore in Q1 FY27, with consolidated PAT at Rs 138.3 crore compared to Rs 18.6 crore in Q1 FY26.
- The first phase of ABS capacity augmentation is expected to be commissioned during FY27, according to the Managing Director's commentary in the presentation.
About the Company
Styrenix Performance Materials Limited (NSE:STYRENIX), headquartered in India, is a manufacturer of engineering polymers including Acrylonitrile Butadiene Styrene (ABS), Styrene Acrylonitrile (SAN), and Polystyrene resins. Operating under brands such as ABSOLAC and ABSOLAN, the company runs five manufacturing facilities and serves over 600 customers across automotive, appliances, and electronics sectors. It acquired Styrenix Performance Materials (Thailand) Ltd effective January 2025.
Announcement in Detail
On a standalone basis, Q1 FY27 revenue from operations was Rs 768.0 crore versus Rs 721.1 crore in Q1 FY26. Cost of goods sold fell sharply to Rs 482.7 crore from Rs 551.2 crore, driving EBITDA to Rs 201.4 crore at a 26.1% margin. Profit before tax stood at Rs 186.7 crore, and PAT reached Rs 137.3 crore, with standalone EPS of Rs 78.08.
On a consolidated basis, total income was Rs 1,014.2 crore and EBITDA was Rs 223.6 crore at a 22.0% margin. Consolidated PAT was Rs 138.3 crore with EPS of Rs 78.64. The Managing Director noted that geopolitical disruption around the Strait of Hormuz created supply chain volatility, leading to temporary demand moderation in the non-OEM segment.
Impact on Investors
The filing shows a material year-on-year improvement in standalone profitability, with EBITDA margin expanding by approximately 1,420 basis points to 26.1% in Q1 FY27. Investors will note that this margin improvement was driven primarily by a significant reduction in cost of goods sold, from Rs 551.2 crore to Rs 482.7 crore, suggesting raw material cost benefit in the quarter.
Shareholders will observe that the Managing Director attributed some demand moderation to raw material price volatility, particularly in the non-OEM segment, and described the impact as transitory. The announced ABS capacity expansion, if commissioned as indicated during FY27, would represent a change in the company's production profile, the details and timeline of which investors should monitor through subsequent exchange filings.
Sector / Market Context
India's engineering plastics and polymer sector is closely linked to automotive and consumer electronics demand. According to industry body data, ABS and SAN resins are critical inputs for OEM automotive interiors and home appliance components. Global supply chain disruptions affecting petrochemical feedstocks, as referenced in the presentation, have affected polymer pricing across Asian markets during 2025-26.