Styrenix Performance Materials Limited — Quarter ended March 31, 2026 (Standalone & Consolidated; year ended March 31, 2026)
Optional notes: The document includes both standalone and consolidated audited financial results for the quarter ended March 31, 2026 and the year ended March 31, 2026, along with standalone/consolidated assets-liabilities and cash flow statements.
| Particulars | For the Quarter ended Mar 31, 2026 Refer Note-5 |
For the Quarter ended Dec 31, 2025 (Unaudited) |
For the Quarter ended Mar 31, 2025 Refer Note-5 |
For the Year Ended Mar 31, 2026 (Audited) |
For the Year Ended Mar 31, 2025 (Audited) |
|---|---|---|---|---|---|
| 1. Revenue from operations | 656.36 | 647.62 | 701.66 | 2,640.27 | 2,744.38 |
| 2. Other income | 2.08 | 1.23 | 1.27 | 6.43 | 10.78 |
| 3. Total income (1 + 2) | 658.44 | 648.85 | 702.93 | 2,646.70 | 2,755.16 |
| 4. Expenses | |||||
| —- Cost of materials consumed | 461.53 | 472.73 | 557.13 | 1,916.54 | 2,176.32 |
| —- Changes in inventories of finished goods and work-in-progress | (10.77) | 16.25 | (37.16) | 29.96 | (116.05) |
| —- Employee benefits expense | 18.26 | 18.95 | 18.82 | 75.23 | 70.31 |
| —- Other expenses | 63.33 | 65.18 | 81.13 | 255.25 | 268.78 |
| Total expenses (4) | 532.35 | 573.11 | 619.92 | 2,276.98 | 2,399.36 |
| 5. PBDIT : Profit before Depreciation, Interest and Tax expense (3 – 4) | 126.09 | 75.74 | 83.01 | 369.72 | 355.80 |
| 6. Finance Costs | 1.30 | 1.06 | 0.95 | 5.55 | 3.53 |
| 7. PBDT : Profit before Depreciation and Tax expense (5 – 6) | 124.79 | 74.68 | 82.06 | 364.17 | 352.27 |
| 8. Depreciation and amortisation expense | 12.76 | 11.87 | 10.04 | 47.08 | 39.30 |
| 9. Profit before exceptional item and tax (7-8) | 112.03 | 62.81 | 72.02 | 317.09 | 312.97 |
| 10. Exceptional Items (Refer Note 4) | (0.33) | 3.10 | – | 2.78 | – |
| 11. Profit before tax (9 – 10) | 112.36 | 59.71 | 72.02 | 314.31 | 312.97 |
| 12. Tax expense | |||||
| —- Current tax | 27.52 | 16.80 | 21.51 | 82.37 | 84.72 |
| —- Deferred tax charge / (credit) | 0.53 | (1.39) | (2.65) | (2.33) | (3.92) |
| Total tax expense (12) | 28.05 | 15.41 | 18.86 | 80.04 | 80.80 |
| 13. Profit for the Period / Year (11 – 12) | 84.31 | 44.30 | 53.16 | 234.27 | 232.17 |
| 14. Other comprehensive income | |||||
| —- Items that will not be reclassified to profit or loss | |||||
| ——– Remeasurements of defined benefit plans – (Loss) / Gain | 1.00 | (0.16) | (0.33) | 0.54 | (0.62) |
| ——– Income tax relating to remeasurements of defined benefit plans | (0.25) | 0.04 | 0.08 | (0.14) | 0.16 |
| Total other comprehensive income, net of tax (14) | 0.75 | (0.12) | (0.25) | 0.40 | (0.46) |
| 15. Total comprehensive income for the Period / Year (13 + 14) | 85.06 | 44.18 | 52.91 | 234.67 | 231.71 |
| 16. Paid-up equity share capital | 17.59 | 17.59 | 17.59 | 17.59 | 17.59 |
| —- (Face value of the share : INR 10) | |||||
| 17. Other Equity | 972.82 | 833.10 | |||
| 18. Earnings per share | |||||
| —- Nominal value per equity share of INR 10 each | |||||
| —- Basic and Diluted (INR) | 47.94 | 25.19 | 30.23 | 133.22 | 132.02 |
| Particulars | INR Crores As at Mar 31, 2026 (Audited) | INR Crores As at Mar 31, 2025 (Audited) |
|---|---|---|
| I ASSETS | ||
| 1 Non-current assets | ||
| (a) Property, plant and equipment | 296.74 | 305.77 |
| (b) Right-to-use Assets | 53.19 | 7.75 |
| (c) Capital work in progress | 101.87 | 28.52 |
| (d) Financial assets | ||
| (i) Investments | 26.14 | 25.84 |
| (ii) Loans | 0.02 | 0.07 |
| (iii) Other financial assets | 2.47 | 2.36 |
| (e) Non-current tax assets (net) | 3.08 | 3.05 |
| (f) Other non-current assets | 24.23 | 17.54 |
| Total non-current assets | 507.74 | 390.90 |
| 2 Current assets | ||
| (a) Inventories | 459.51 | 576.07 |
| (b) Financial assets | ||
| (i) Trade receivables | 362.23 | 347.28 |
| (ii) Current Investments | 87.56 | 10.71 |
| (iii) Cash and cash equivalents | 27.64 | 45.85 |
| (iv) Bank balance other than (iii) above | 3.22 | 2.75 |
| (v) Loans | 0.12 | 0.18 |
| (vi) Other financial assets | 6.87 | – |
| (c) Other current assets | 18.00 | 15.11 |
| (d) Asset classified as held for Sale | 0.14 | 0.14 |
| Total current assets | 965.29 | 998.09 |
| TOTAL ASSETS | 1,473.03 | 1,388.99 |
| II EQUITY AND LIABILITIES | ||
| 1 Equity | ||
| (a) Equity share capital | 17.59 | 17.59 |
| (b) Other equity | 972.82 | 833.10 |
| Total equity | 990.41 | 850.69 |
| 2 Non-Current liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | – | 9.83 |
| (ii) Lease liabilities | 37.02 | 0.10 |
| (iii) Other financial liabilities | – | – |
| (b) Provisions | 50.59 | 40.05 |
| (c) Deferred tax liabilities (net) | 4.96 | 7.15 |
| Total non-current liabilities | 92.57 | 57.13 |
| 3 Current liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 10.14 | 0.19 |
| (ii) Lease Liabilities | 15.89 | 9.29 |
| (iii) Trade payables | ||
| (a) total outstanding dues of micro and small enterprises | 11.24 | 8.39 |
| (b) total outstanding dues of creditors other than (iii) (a) above | 326.23 | 439.03 |
| (iv) Other financial liabilities | 20.52 | 16.02 |
| (b) Contract liabilities | 1.43 | 0.10 |
| (c) Provisions | 2.01 | 2.27 |
| (d) Other current liabilities | 2.59 | 5.88 |
| Total current liabilities | 390.05 | 481.17 |
| Total liabilities | 482.62 | 538.30 |
| TOTAL EQUITY AND LIABILITIES | 1,473.03 | 1,388.99 |
| Particulars | For the Year Ended Mar 31, 2026 (Audited) | For the Year Ended Mar 31, 2025 (Audited) |
|---|---|---|
| A Cash flow from operating activities : | ||
| Profit before tax | 314.31 | 312.97 |
| Adjustments for : | ||
| Depreciation and amortisation expense | 47.08 | 39.30 |
| Interest Income on deposits and dividend | (0.76) | (0.88) |
| (Gain) / Loss on termination of lease contract | (0.03) | – |
| (Gain) / Loss on fair valuation of investment (Net) | (0.48) | (0.01) |
| (Gain) / Loss on sale of investment | (2.25) | (3.43) |
| Finance costs | 5.55 | 3.53 |
| Net exchange differences | (4.14) | 1.48 |
| (Gain) / Loss on property, plant and equipment sold/discarded (net) | 0.00 | (0.04) |
| Write off / (Write back) of Inventory (including provisions) | 2.62 | 1.47 |
| Proceeds from Insurance Claim | – | 4.95 |
| Provision / Credit balances no longer required written back | (0.06) | (0.14) |
| Bad debts written off / (Write back) | (0.17) | (0.07) |
| Operating profit before change in operating assets and liabilities | 361.67 | 359.12 |
| Adjustments for : | ||
| (Increase)/decrease in inventories | 113.93 | (308.87) |
| (Increase)/decrease in trade receivables | (14.59) | (50.24) |
| (Increase)/decrease in loans | 0.11 | (0.05) |
| (Increase)/decrease in other financial assets | (0.10) | (0.01) |
| (Increase)/decrease in other non-current assets | (0.03) | – |
| (Increase)/decrease in other current assets | (2.90) | 0.18 |
| Increase/(decrease) in trade payables | (116.81) | 222.95 |
| Increase/(decrease) in other financial liabilities | 0.30 | 0.50 |
| Increase/(decrease) in contract liabilities | 1.32 | (0.39) |
| Increase/(decrease) in provisions | 10.80 | 11.29 |
| Increase/(decrease) in other current liabilities | (3.28) | (1.58) |
| Net adjustments total | (11.24) | (126.23) |
| Cash generated / (used in) from operations | 350.43 | 232.89 |
| Taxes paid (net of refund) | (82.40) | (86.25) |
| Net cash inflow/(outflow) from operating activities | 268.03 | 146.64 |
| B Cash flow from investing activities : | ||
| Payments for property, plant and equipment and CWIP | (94.26) | (57.42) |
| Proceeds from disposal of property, plant and equipment | 0.04 | 0.13 |
| (Investment in) / proceeds of Bank balances not held as cash and cash equivalents | (0.47) | (5.57) |
| (Investment) in Subsidiary | – | (16.43) |
| (Investment) in Financial Assets | – | (7.66) |
| (Investment) in / proceeds of Mutual Funds | (74.42) | 48.84 |
| Interest Income on deposits and dividend | 0.74 | 0.87 |
| Net cash inflow/(outflow) from investing activities | (168.36) | (37.24) |
| C Cash flow from financing activities : | ||
| Proceeds/(repayment) of current borrowings | 9.83 | – |
| Proceeds/(repayment) of non current borrowings | (9.83) | – |
| Principal elements of lease payments | (17.96) | (11.48) |
| Interest paid | (5.43) | (3.42) |
| Dividend on equity shares (including payment from unclaimed dividend account) | (94.49) | (103.13) |
| Net cash (outflow)/inflow from financing activities | (117.88) | (118.03) |
| Net (decrease)/increase in cash and cash equivalents | (18.21) | (8.63) |
| Cash and cash equivalents at the beginning of the Year | 45.85 | 54.48 |
| Cash and cash equivalents at end of the Period / Year | 27.64 | 45.85 |
| Particulars | For the Quarter ended Mar, 31 2026 Refer Note-7 |
For the Quarter ended Dec 31, 2025 (Unaudited) |
For the Quarter ended Mar 31, 2025 Refer Note-7 |
For the Year Ended Mar, 31 2026 (Audited) |
For the Year Ended Mar, 31 2025 (Audited) |
|---|---|---|---|---|---|
| 1. Revenue from operations | 826.10 | 869.49 | 939.71 | 3,438.03 | 2,982.42 |
| 2. Other income | 11.79 | 1.77 | 2.67 | 16.37 | 12.18 |
| 3. Total income (1 + 2) | 837.89 | 871.26 | 942.38 | 3,454.40 | 2,994.60 |
| 4. Expenses | |||||
| Cost of materials consumed | 579.00 | 580.14 | 841.37 | 2,489.88 | 2,460.56 |
| Changes in inventories of finished goods and work-in-progress | (9.29) | 96.80 | (161.78) | 15.21 | (240.67) |
| Employee benefits expense | 36.09 | 38.44 | 38.53 | 147.92 | 90.02 |
| Other expenses | 104.31 | 112.36 | 134.36 | 441.82 | 322.01 |
| Total expenses (4) | 710.11 | 827.74 | 852.47 | 3,094.83 | 2,631.92 |
| 5. PBDIT: Profit before Depreciation, Interest and Tax expense (3 – 4) | 127.78 | 43.52 | 89.91 | 359.57 | 362.68 |
| 6. Finance Costs | 4.65 | 4.82 | 3.07 | 19.45 | 5.65 |
| 7. PBDT: Profit before Depreciation |