1,858.90
+0.45%
Close of 9 Nov 2026, in INR
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About Styrenix Performance Materials
Its shares trade on NSE under the ticker STYRENIX.NS. It has been listed since 30 December 1994. In the fiscal year to 31 March 2025, it reported revenue of ₹29.82bn and net income of ₹2.35bn. At that date it held total assets of ₹22.91bn and shareholders' equity of ₹11.68bn.
Styrenix Performance Materials Ltd. is engages in the manufacture and sale of engineering thermoplastics. The company is headquartered in Vadodara, Gujarat. The firm is a producer of Absolac (ABS). ABS is a plastic resin produced from Acrylonitrile, Butadiene & Styrene, used for manufacturing of home appliances, automobiles, consumer durables and business machines. The firm is also a manufacturer of Polystyrene (PS) and ABSOLAN (SAN), which is a polymerized plastic resin produced from Styrene and Acrylonitrile, and mainly used for products, such as lightings, stationeries, novelties, refrigerators, and cosmetic packing. The company is engaged in providing styrenic applications for various everyday products across a range of industries, including automotive, electronics, household, construction, healthcare, packaging, and toys/sports/leisure. Its products include Absolac ABS, Absolac High Heat ABS, Absolan SAN, GPPS, and HIPS. The firm operates its manufacturing facilities at Nandesari, Moxi, Katol and Dahej and research and development center at Moxi in Gujarat.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Chemicals
- Listed since
- 30 Dec 1994
- Employees
- 392
- Website
- styrenix.com ↗
Leadership
Pay as last reported
- Mr. Rakesh AgrawalExecutive Chairman of the Board, since 2022₹28.5m
- Mr. Bhupesh PorwalChief Financial Officer, since 2014₹5.7m
- Mr. Chintan DoshiCompliance Officer, Company Secretary, Manager - Legal
- Mr. Rahul AgrawalManaging Director, Executive Director, since 2022₹28.5m
- Mr. Vishal AgrawalJoint Managing Director, Executive Director, since 2022
- Mr. Ravishankar KompalliWhole Time Director, since 2022₹11.0m
- Mr. Milin MehtaNon-Executive Independent Director₹1.5m
- Mrs. Radhika NathNon-Executive Independent Director₹1.5m
- Mr. Parameswaran PrasadNon-Executive Independent Director₹1.5m
- Mr. Premkumar TanejaNon-Executive Independent Director₹1.5m
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 51
- Environment
- 61
- Social
- 65
- Governance
- 26
- Direct emissions (scope 1)
- 12,068.11 t
- Energy emissions (scope 2)
- 49,368.69 t
- Women in the workforce
- 2.00893%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Styrenix Performance Materials Ltd. manufactures Absolac ABS for automotive and home appliances in Vadodara.
- The company produces Absolac High Heat ABS and Absolan SAN for electronics and packaging applications.
- Styrenix operates manufacturing facilities in Nandesari, Moxi, Katol, and Dahej in Gujarat.
Weaknesses
- Styrenix has only 392 employees, which may limit operational capacity in the Materials sector.
- The company's product range is limited to ABS, PS, and SAN polymers without diversification.
- Styrenix's R&D center is located only in Moxi, Gujarat, restricting innovation scope.
Opportunities
- Expanding ABS applications in healthcare and construction industries offers growth potential.
- Increasing demand for Polystyrene (PS) in packaging and consumer goods markets.
- Styrenix can leverage its presence in Gujarat to access new markets in India.
Threats
- Competition from other chemical manufacturers in the Materials sector in India.
- Fluctuations in raw material prices for Acrylonitrile, Butadiene, and Styrene.
- Regulatory changes affecting chemical production in the Indian Chemicals industry.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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