Styrenix Performance Materials Reports 3.2% Revenue Growth in Q1 FY2025-26

Styrenix Performance Materials Limited, a leading manufacturer of engineering polymers, has announced its financial results for the first quarter of fiscal year 2025-26, showcasing modest growth and strategic expansion.

Financial Highlights

For the quarter ended June 30, 2025, Styrenix reported:

• Revenue from operations of ₹721.10 crore, up 3.2% year-over-year
• Net profit of ₹54.90 crore, down 10.3% compared to the same quarter last year
• Earnings per share (EPS) of ₹31.20, a decrease from ₹34.80 in Q1 FY2024-25

Operational Performance

The company's performance reflects its efforts to enhance its product range and expand into new markets. Key highlights include:

• Focus on specialty ABS grades to cater to growing demand in automotive and consumer goods sectors
• Expansion of export markets to drive growth
• Successful integration of the recently acquired Ineos Styrolution Thailand, now serving as a high-quality manufacturing hub

Strategic Developments

Styrenix has made significant strides in strengthening its market position:

• Completed debottlenecking at the HRG facility, resulting in a 20% increase in capacity
• Opened a new sales office in Shanghai to accelerate market penetration in the APAC region
• Plans underway for additional offices across the region to deepen customer engagement

Management Commentary

Rahul R. Agrawal, Managing Director of Styrenix Performance Materials, stated, "We delivered a strong first quarter, driven by specialty-led growth, an improved product mix, and the addition of new high-margin grades and blends. Our leadership in the Automotive and Household sectors remains robust, and we continue to expand our footprint in other industries."

Dividend Announcement

The Board of Directors has declared an interim dividend of ₹31.00 per equity share for FY2025-26. The record date for determining eligible shareholders has been set as August 21, 2025.

Future Outlook

With a focus on safety, sustainability, and operational excellence, Styrenix Performance Materials is well-positioned to capture growth opportunities and create long-term value for stakeholders. The company's strategic initiatives, including product range enhancement and market expansion, are expected to drive future growth despite challenges in certain sectors.

Investors and analysts will be watching closely to see how Styrenix's strategies unfold in the coming quarters, particularly in light of the global economic landscape and industry-specific trends in the engineering polymers market.