Styrenix Performance Materials has reported a significant decline in its third quarter financial performance, with consolidated net profit falling substantially compared to the same period last year.

Financial Performance Overview

The company's Q3 results show a marked deterioration in profitability, with key metrics reflecting challenging market conditions during the quarter.

Quarterly Results Analysis

The consolidated net profit of ₹160 million represents a substantial year-on-year decline from the ₹470 million recorded in the corresponding quarter of the previous year. This 66% decrease highlights the significant challenges faced by the company during the third quarter.

The performance materials and specialty chemicals sector has been experiencing various market pressures, and these results reflect the impact on Styrenix Performance Materials' bottom line. The company's financial performance indicates the need for strategic adjustments to navigate current market conditions.

Market Impact

The substantial decline in quarterly profits underscores the challenging operating environment for companies in the performance materials sector. The year-on-year comparison reveals the extent of the financial impact on the company's operations during this period.

Styrenix Performance Materials Limited has filed a compliance report with the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) regarding the re-lodgement of physical share transfer requests. The submission, dated January 15, 2026, addresses regulatory requirements under a special SEBI circular issued earlier.

Regulatory Compliance Report

The company submitted its report in compliance with SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated July 2, 2025. This circular established a special window for shareholders to re-lodge transfer requests for physical shares, providing an opportunity for previously rejected or pending transfer requests to be processed.

Registrar and Transfer Agent Details

The compliance report was prepared by MUFG Intime India Private Limited, the company's appointed Registrar and Transfer Agent. MUFG Intime, formerly known as Link Intime India Private Limited, submitted the report dated January 13, 2026, detailing the status of re-lodgement requests received during the specified period.

Stock Exchange Communication

Styrenix Performance Materials communicated with both major Indian stock exchanges as part of its regulatory obligations. The company trades on BSE under scrip code 506222 and on NSE under the symbol STYRENIX.

Company Information

Styrenix Performance Materials Limited, formerly known as INEOS Styrolution India Ltd., operates from its registered office in Vadodara, Gujarat. The company secretary Chintan Doshi signed the compliance communication, ensuring proper corporate governance procedures were followed in the submission process.

The special window established by SEBI's circular provides shareholders with an additional opportunity to complete physical share transfers that may have been previously rejected or remained pending, demonstrating the regulator's commitment to facilitating smooth share transfer processes in the Indian capital markets.