Styrenix Performance Materials Limited — PPTs, 31-01-2025: Investor Presentation

**Financial Highlights:** For Q3 FY24-25, Styrenix reported sales revenue of INR 690.8 Cr, marking a 5.8% increase from the previous quarter and a notable 42.5% year-over-year growth. The total income rose to INR 692.2 Cr, reflecting a similar growth trajectory. However, the profit after tax decreased by 31.9% to INR 47.7 Cr compared to the prior quarter, influenced by lower sales volumes due to a production shutdown for debottlenecking.

**Strategic Initiatives and Growth Drivers:** Styrenix completed the acquisition of Ineos Styrolution Thailand, significantly enhancing its presence in the APAC region. This acquisition, valued at USD 22.3 million, bolsters capabilities in specialty plastics manufacturing. Additionally, debottlenecking at the Nandesari plant has expanded capacity, supporting a planned brownfield expansion to add 100 KT of ABS capacity by mid-2026.

**Business Developments:** The strategic acquisition provides access to local markets and strengthens the product portfolio, enabling Styrenix to cater to diverse industries, including automotive and consumer goods.

**Market Position and Competitive Advantage:** With a strong market position in ABS and SAN, Styrenix is poised for growth driven by increasing demand in various sectors. Its focus on technology-led innovations and sustainability ensures competitive advantages.

**Investor Implications:** The solid financial performance and strategic expansion initiatives present a positive outlook for Styrenix. Investors should watch closely for the impact of operational efficiencies and market responsiveness following the recent acquisition and capacity enhancements.