Styrenix Performance Materials Capital Structure Change
Bandhan Mutual Fund lifted its Styrenix stake to 5.0062% via 15,000 open-market shares bought on October 29, 2026. The non-promoter SAST disclosure states no transaction value.
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Bandhan Mutual Fund lifted its Styrenix stake to 5.0062% via 15,000 open-market shares bought on October 29, 2026. The non-promoter SAST disclosure states no transaction value.
Strong standalone revenue growth of 26.5% YoY is severely diluted by structural losses in Thailand. Management is prioritizing high-margin specialized ABS grades while defensively reducing exposure to volatile, commoditized polystyrene volumes.
Q2FY27 consolidated revenue ₹993.5cr (+24.4%) but PAT fell 48.2% to ₹23.2cr; standalone PAT ₹51.2cr (+0.8%). Consolidated EBITDA margin compressed to 7.6%.
Styrenix Performance Materials Ltd reported revenue from operations of ₹993.5 Cr (+24.4% YoY) and net profit of ₹23.2 Cr (-48.1% YoY) for Q2 FY27.
Styrenix Performance Materials Ltd scheduled a board meeting for October 28, 2026, to consider and approve standalone and consolidated unaudited financial results.
Styrenix Performance Materials Ltd has submitted its quarterly shareholding pattern for the quarter ended September 30, 2026. This disclosure adheres to Regulation 31(1)(b) of SEBI LODR.
Styrenix Performance Materials received an Income Tax demand order of ₹1.93 Crore for AY 2023-24. The company will file an appeal against the assessment order.
Styrenix Performance Materials held its 53rd Annual General Meeting on August 27, 2026. The proceedings covered the adoption of financial statements and re-appointment of a director.