Styrenix Performance Materials Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Styrenix reported standalone total income of INR770.5 crores for Q1 FY27, up 6.6% year-on-year, with EBITDA of INR201.4 crores, up 133.9%, and EBITDA margin at 26.1%. Management attributed lower sales volumes, down 26% year-on-year on a standalone basis, to demand disruption in the non-OEM and unorganized sector linked to raw material price volatility following disruption in the Middle East. Management said the ABS capacity expansion remains on track for completion within the current financial year but declined to give an exact month or a volume guidance for the year.
Styrenix reported Q4 FY'26 standalone total income of INR658 crores, down 6.3% year-on-year, while EBITDA grew 51.9% to INR126 crores with margin expanding 734 basis points. Management attributed the quarter's higher margins partly to product mix, including lower GPPS sales, and partly to opportunistic pricing gains from short-term market tightness caused by Middle East supply disruptions. Management also discussed ongoing ABS capacity expansion in India, Thailand operations, and raw material sourcing amid global supply chain disruptions.