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STYRENIX PERFORMANCE MATERIALS
Quarterly Results Analysis [Mar2024]

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STYRENIX PERFORMANCE MATERIALS Quarterly Results

Standalone Mar2024
UnAudited
Dec2023
UnAudited
Sep2023
UnAudited
Jun2023
UnAudited
Mar2023
UnAudited
Dec2022
UnAudited
Sep2022
UnAudited
Jun2022
UnAudited
Revenues ₹599 Cr ₹485 Cr ₹595 Cr ₹544 Cr ₹615 Cr ₹557 Cr ₹550 Cr ₹650 Cr
Expenses ₹527 Cr ₹427 Cr ₹512 Cr ₹493 Cr ₹549 Cr ₹508 Cr ₹510 Cr ₹529 Cr
Operating Income ₹72 Cr ₹58 Cr ₹83 Cr ₹51 Cr ₹66 Cr ₹49 Cr ₹40 Cr ₹121 Cr
Other Income ₹2 Cr ₹2 Cr ₹3 Cr ₹2 Cr ₹3 Cr ₹2 Cr ₹4 Cr ₹6 Cr
Interest ₹1 Cr ₹1 Cr ₹1 Cr ₹1 Cr ₹1 Cr ₹1 Cr ₹1 Cr ₹1 Cr
Depreciation ₹9 Cr ₹9 Cr ₹9 Cr ₹9 Cr ₹10 Cr ₹9 Cr ₹10 Cr ₹9 Cr
Profit Before Tax ₹64 Cr ₹50 Cr ₹76 Cr ₹43 Cr ₹58 Cr ₹40 Cr ₹32 Cr ₹116 Cr
Profit After Tax ₹49 Cr ₹35 Cr ₹56 Cr ₹32 Cr ₹42 Cr ₹30 Cr ₹24 Cr ₹87 Cr
EPS ₹28.06 ₹19.86 ₹32.08 ₹18.45 ₹24.13 ₹17.17 ₹13.42 ₹49.35
Industry Peers & Returns1W1M1Y
STYRENIX PERFORMANCE MATERIALS 6.8% 8.3% 105.8%
PIDILITE INDUSTRIES 0.4% -1.7% 18.2%
SOLAR INDUSTRIES INDIA 0.2% -0.5% 134.6%
SRF -7.7% -14.1% -12%
GUJARAT FLUOROCHEMICALS -8% -0.9% -1.1%
DEEPAK NITRITE -1.1% 13.3% 28%
TATA CHEMICALS -0.2% -6.6% 9.7%
GODREJ INDUSTRIES -6.1% -5.1% 85.2%
AARTI INDUSTRIES -6.6% -4.3% 20.6%

STYRENIX PERFORMANCE MATERIALS Quarterly Revenues

Revenues
Q-o-Q

23.53 %

Y-o-Y

-2.69 %

Quarters Revenues % Change
Mar2024 ₹599 Cr
23.53
Dec2023 ₹485 Cr
-18.54
Sep2023 ₹595 Cr
9.42
Jun2023 ₹544 Cr
-11.62
Mar2023 ₹615 Cr
10.43
Dec2022 ₹557 Cr
1.31
Sep2022 ₹550 Cr
-15.36
Jun2022 ₹650 Cr -

STYRENIX PERFORMANCE MATERIALS Quarterly Operating Profit

Operating Profit
Q-o-Q

24.13 %

Y-o-Y

8.50 %

Quarters Operating Profit % Change
Mar2024 ₹72 Cr
24.13
Dec2023 ₹58 Cr
-30.10
Sep2023 ₹83 Cr
62.57
Jun2023 ₹51 Cr
-23.07
Mar2023 ₹66 Cr
35.88
Dec2022 ₹49 Cr
22.93
Sep2022 ₹40 Cr
-67.12
Jun2022 ₹121 Cr -
Operating Margins
Q-o-Q

0.50 %

Y-o-Y

11.52 %

Quarters Operating Margin% % Change
Mar2024 12%
0.50
Dec2023 11.94%
-14.22
Sep2023 13.92%
48.56
Jun2023 9.37%
-12.92
Mar2023 10.76%
22.97
Dec2022 8.75%
21.36
Sep2022 7.21%
-61.15
Jun2022 18.56% -

STYRENIX PERFORMANCE MATERIALS Quarterly Profit After Tax

Profit After Tax(PAT)
Q-o-Q

41.27 %

Y-o-Y

16.33 %

Quarters Profit After Tax % Change
Mar2024 ₹49 Cr
41.27
Dec2023 ₹35 Cr
-38.07
Sep2023 ₹56 Cr
73.90
Jun2023 ₹32 Cr
-23.54
Mar2023 ₹42 Cr
40.50
Dec2022 ₹30 Cr
27.96
Sep2022 ₹24 Cr
-72.80
Jun2022 ₹87 Cr -
PAT Margins
Q-o-Q

14.29 %

Y-o-Y

19.42 %

Quarters PAT Margin(%) % Change
Mar2024 8.24 %
14.29
Dec2023 7.21 %
-23.95
Sep2023 9.48 %
58.79
Jun2023 5.97 %
-13.48
Mar2023 6.9 %
27.31
Dec2022 5.42 %
26.34
Sep2022 4.29 %
-67.89
Jun2022 13.36 % -

STYRENIX PERFORMANCE MATERIALS Quarterly Earnings Per Share (EPS)

EPS
Q-o-Q

41.29 %

Y-o-Y

16.29 %

Quarters EPS % Change
Mar2024 ₹28.06
41.29
Dec2023 ₹19.86
-38.09
Sep2023 ₹32.08
73.88
Jun2023 ₹18.45
-23.54
Mar2023 ₹24.13
40.54
Dec2022 ₹17.17
27.94
Sep2022 ₹13.42
-72.81
Jun2022 ₹49.35 -

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