Styrenix Performance Materials Limited — Investor Meet, 30-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Styrenix Performance Materials reported Q4 volumes of 48.3 KT (+9.5% YoY) and revenue of Rs. 702 Cr (+17.2% YoY) with an EBITDA margin of 11.8% and PAT margin of 7.6%. FY25 volumes grew 12.8% to 186 KT and revenue rose 23.5% to Rs. 2,744 Cr, with EBITDA and PAT margins near 13% and 8.5%, respectively. Consolidated Q4 revenue, including Thailand, was Rs. 940 Cr on 65 KT volumes. Management targets 10%+ volume growth in FY26 backed by debottlenecking and Thailand acquisition (125 KT capacity), where Q1 sales ran at ~75% utilization. Margin sustainability is supported by product mix, cost controls, and stable pricing, with exports from Thailand focused on key Asian markets.