Styrenix Performance Materials Limited — Investor Meet, 19-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Styrenix Performance Materials reported Q2 FY26 standalone sales volume up 8.1% YoY to 45.2 KT, with revenue at INR615 Cr (-5.8% YoY) and PBDIT at 13.3%. H1 standalone volume grew 7.6% to 97 KT. Consolidated Q2 revenue was INR799 Cr. Management noted flat Polystyrene but strong ABS growth, with India volumes aiming for ~10% growth this year. ABS Phase 1 expansion is on track for FY27. Thailand is a long-term strategic asset, expecting flat FY26 volumes due to brand transition but growth from FY27. A Dubai subsidiary was set up for future exports. Management remains confident in market leadership and expansion plans.