loader2
Partner With Us NRI

Styrenix Performance Materials Ltd share Price Today

Company details

2,106.00
2,160.00
991.25
2,269.00
6M Return 43.60%
1Y Return 91.45%
Mkt Cap.(Cr) 3,724.71
Volume 13,600
Div Yield 4.52%
OI
-
OI Chg %
-
Volume 13,600

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Specialty Chemicals INEOS Styrolution India declares Q3FY22 result:

  • Profit / (Loss) before tax and exceptional item:
    • Oct-Dec 21 : 734 INR
    • Jul-Sep 21 : 1,206 INR
    • Oct-Dec 20 : 1,353 INR
  • Market Update:
    • Demand improved post second wave of COVID
    • Recovery seen across all market segments during the quarter
    • Global supply chain disruptions continue to affect all industries
  • Business Update:
    • The health and safety of all employees is our first priority – we have implemented strict measures in relation to social distancing, hygiene measures and work from home to minimize risks to our employees
    • Plants operated as per market demand, PS plant had statutory shutdown
    • Liquidity situation is healthy
    • Company has implemented policies to control capex & all discretionary fixed costs have been put on hold

 

Result PDF

View Other Company Results

Styrenix Performance Materials Ltd shares SWOT Analysis

Strengths (4)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Strong QoQ EPS Growth in recent results
  • Growth in Net Profit with increasing Profit Margin (QoQ)

Weakness (7)

  • MFs decreased their shareholding last quarter
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years

Opportunity (3)

  • Negative to Positive growth in Sales and Profit with Strong Price momentum
  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 2,267.3
R2 2,360.1
R3 2,451.3
Pivot

2,176.13

S1 2,083.3
S2 1,992.1
S3 1,899.3
EMA SMA
1,961.3
1,801.0
1,666.6
1,501.6
1,926.2
1,756.6
1,613.2
1,473.0
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-10-20 1336.03 102075 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2023-10-20 1337.97 102075 NSE
RELIANCE MUTUAL FUND Bulk Purchase 2014-10-27 590 105000 NSE
Name Category Shares
Shiva Performance Materials Private Limited PROMOTER 62.73%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Styrenix Performance Materials Ltd Stocks COMPARISON

Financials( in Cr) Styrenix Performance Materials Ltd Supreme Petrochem Ltd Savita Oil Technologies Ltd Bhansali Engineering Polymers Ltd Panama Petrochem Ltd
Price 2,118.00 797.00 540.90 132.40 416.60
% Change -2.59 -0.08 1.83 -3.03 1.15
Mcap Cr 3,724.71 14,986.87 3,737.62 3,294.88 2,520.18
Revenue TTM Cr 2,372.27 5,307.33 3,630.44 1,221.73 2,248.72
Net Profit TTM Cr 183.01 346.49 225.70 179.37 232.97
PE TTM 22.02 46.19 18.31 18.93 12.75
1 Year Return 91.45 69.07 81.57 54.01 42.48
ROCE 29.46 23.84 24.85 24.30 34.92
ROE 23.30 17.94 16.68 18.02 27.08
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 714.75 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 34,841.27 9,567.52
LAST 3M 107,380.98 -15,756.42
LAST 6M 182,851.12 -2,333.61
LAST 12M 296,057.08 99,791.83

Styrenix Performance Materials Ltd Information

Stock PE (TTM)
22.02
Promoter Holding
62.73%
Book Value
410.8812
ROCE
29.46%
ROE
23.3%
Description
  • Styrenix Performance Materials Ltd. (Formerly known INEOS ABS (India) Limited) is a leading, global styrenics supplier with a focus on styrene monomer, polystyrene, ABS Standard and styrenics specialties. With world-class production facilities, Styrenix helps customers succeed by offering the best possible solution, designed to give them a competitive edge in the markets. The Company provides styrenic applications for many everyday products across a broad range of industries, including automotive, electronics, household, construction, healthcare, packaging and toys, sports & leisure. Its products includes ABSOLAN, ABSOLAC, General Purpose Poly Styrene and High Impact Poly Styrene. The Company incorporated in 1973, commenced production in 1978. The company was promoted by R S Agarwal, a chemical engineer from the US, and J J Mehta, who has over fifty years of experience in the petrochemical and engineering industries. Its works is situated in Nandesari and Katol in Gujarat. Its R & D Centre is also in Moxi, Gujarat. It manufactures 37,388 tonnes of ABS (acrylonitrile butadiene styrene) polymer, a versatile engineering plastic accepted as a substitute for conventional materials. The mechanical and thermal properties of ABS are comparable to metals. The company also manufactures 32,361 tonnes of SAN (styrene acrylonitrile), a plastic giving a 95% transparent finish. The major applications of ABS are in refrigerator liners, automobile components, telecommunications, consumer electronics, household appliances, computer cabinets, cameras, etc. It has a technical collaboration with Japan Synthetic Rubber Company, Japan. During 1996-97, Bayer Industries, subsidiary of Bayer AG, Germany, acquired a controlling stake of 50.97 % of equity shares, by way of preferential issue of shares and acquisition of existing shares through the open offer. It becamed a subsidiary of Bayer Industries. In 1999-2000, the company has started aggressive marketing of Makrolon (Polycarbonate) by importing and selling in the country and is now the market leader for this product. The company has been awarded ISO 9001 Certification for its quality systems. The company has executed two global projects that was undertaken in the year 2000 (PC SAN and Nylon Polyethylene blends). It also manufactures 6000 tonnes of SAN (Styrene acrylonitrile), a plastic giving a 95% transparent finish. In 2003-2004, the company has increased its production capacity of Poly-Butadiene from 6000 tpa to 9000 tpa which lead to an increase of 6000 MT production capacity in ABS Resins. Consequent of this expansion,the total capacity of ABS Resins has risen to 44000 MT. During 2004-2005, Lanxess India Pvt Ltd has acquired 50.97% equity in the company. Subsequently, the company became a subsidary of Lanxess India Pvt Ltd. LANXESS India Private Ltd.( LIPL) 100% subsidiary of LANXESS AG, Germany acquired 89,63,564 equity shares of Rs.10/- each of, erstwhile Bayer ABS Limited which constitutes 50.97% of paid-up capital. Effective 29th April, 2005 the company was renamed as LANXESS ABS Limited (LABS) Thus, LIPL became holding company of LABS. LANXESS AG, Germany, is the ultimate holding Company. The expanded capacity of the SAN plant reaching 60,000 tpa was available for increasing the capacity of ABS resins during 2005. On 13th March, 2008, LANXESS India Pvt. Ltd. and Rakesh Agrawal and Associates, the erstwhile Promoters, executed an agreement involving sale of Equity Shares (comprising 70% equity) and transferred the same to INEOS ABS (Jersey) Ltd. from UK. As a result, Company`s name changed to INEOS ABS (India) Limited effective from June 17, 2008. The Company attained the ABS Plant capacity to 80,000 MTs in 2009. The Styrenics business was bought together consequent upon the formation of 50:50 Global joint venture between INEOS and BASF, made effective from October 1, 2011. M/s. Styrolution (Jersey) Limited, the acquirer, along with persons acting in concert, made a Public Offer to Shareholders of the Company through Offer document dated January 5, 2012, which stated one fully paid up Equity Share of Rs. 10 each to acquire maximum of 2,931,920 Equity Shares representing balance 16.67% of the total Equity Share Capital of the Company and the said transaction was completed effective on February 6, 2012. Consequently, 7,03,075 nos. of Equity Shares forming 4% of the Equity Share capital of the Company was received unto transfer favouring Styrolution (Jersey) Ltd. Thereafter, Styrolution (Jersey) Limited was holding 15,356,780 no. of Equity Shares constituting 87.33 % of the total Equity Share capital of the Company effective from 1 March, 2012. With this, the name of Company also got changed from INEOS ABS (India) Ltd. to Styrolution ABS (India) Limited effective from the aforementioned date. Styrolution (Jersey) Limited had transferred its entire holding of 13,189,218 (75%) Equity Shares to Styrolution South East Asia Pte Ltd, Singapore. Accordingly, Styrolution South East Asia Pte Ltd, Singapore was made the Holding Company of the Company effective from 28 January, 2014. The Company acquired 100% Equity Shares in Styrolution India Private Limited (SIN) and resultant, SIN was made the Wholly-owned subsidiary effective from March 01, 2014. On 30 June 2014, INEOS signed an agreement with BASF to buy out the BASF`s 50% stake in Styrolution. This resulted into an indirect acquisition of control in Company and effective on 17 November 2014, INEOS purchased BASF`s 50% share in Styrolution, and since then the Styrolution Group of Companies became the Wholly-owned subsidiary by INEOS. The Hon`ble High Court of Gujarat vide its order dated 26 February 2016 had sanctioned the Scheme of Amalgamation between Styrolution India Pvt. Ltd (SIN) and the Company effective from 1 April 2015, Appointed Date. The said Amalgamation completed on 31 March, 2016, and effective said Date, the name of Company got changed to `INEOS Styrolution India Limited` effective from 18 March, 2016.

Registered Address

ABS Towers 6th Floor, Old Padra Road, Vadodara, Gujarat, 390007

Tel : 91-265-2303201/02
Email : secshare:styrenix.com
Website : http://www.ineosstyrolutionindia.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 506222
NSE Code : STYRENIX
Book Closure Date (Month) :
BSE Group : B
ISIN : INE189B01011

FAQ’s on Styrenix Performance Materials Ltd Shares

You can buy Styrenix Performance Materials Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Styrenix Performance Materials Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 24, 2024 01:04 PM the closing price of Styrenix Performance Materials Ltd was Rs.2,118.00.

The latest PE ratio of Styrenix Performance Materials Ltd as of Jun 24, 2024 01:04 PM is 22.02

The latest PB ratio of Styrenix Performance Materials Ltd as of Jun 24, 2024 01:04 PM is 0.19

The 52-week high of Styrenix Performance Materials Ltd share price is Rs. 2,269.00 while the 52-week low is Rs. 991.25

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 24, 2024 01:04 PM, the market cap of Styrenix Performance Materials Ltd stood at Rs. 3,724.71 Cr.

Download App

Download Our App

Play Store App Store
market app