Board Meeting Details

The Board meeting commenced at 11:50 hours (IST) and concluded at 12:45 hours (IST) on August 04, 2026.

Key Matters Approved

1. Approval of Financial Results: The Board approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026, along with Limited Review Reports from the auditors, in terms of Regulation 33 of the Listing Regulations.

2. Interim Dividend Declaration: The Board declared an Interim Dividend for FY 2026-27 of ₹23 per equity share (230%) on face value of ₹10 each.

Record Date for Dividend

The Record Date for determining members eligible to receive the Interim Dividend has been fixed as Monday, August 10, 2026, as previously communicated via letter dated July 28, 2026.

Standalone Financial Results (INR Crores)

Quarter Ended June 30, 2026 (Unaudited):

  • Revenue from operations: ₹768.04
  • Other income: ₹2.49
  • Total income: ₹770.53
  • Total expenses: ₹569.13
  • Profit before depreciation, interest and tax: ₹201.40
  • Finance costs: ₹1.37
  • Profit before depreciation and tax: ₹200.03
  • Depreciation and amortization expense: ₹13.33
  • Profit before exceptional items and tax: ₹186.70
  • Exceptional items: Nil
  • Profit before tax: ₹186.70
  • Total tax expense: ₹49.38
  • Profit for the period: ₹137.32
  • Other comprehensive income: ₹0.10
  • Total comprehensive income: ₹137.42
  • Basic and diluted EPS: ₹78.09

Comparative Figures:

  • Quarter Ended June 30, 2025: Profit of ₹54.87 crore, EPS ₹31.20
  • Quarter Ended March 31, 2026: Profit of ₹84.31 crore, EPS ₹47.94
  • Year Ended March 31, 2026: Profit of ₹234.27 crore, EPS ₹133.22

Consolidated Financial Results (INR Crores)

Quarter Ended June 30, 2026 (Unaudited):

  • Profit after tax attributable to owners: ₹138.30
  • Total comprehensive income attributable to owners: ₹137.00

Comparative Figures:

  • Quarter Ended June 30, 2025: Profit of ₹51.92 crore
  • Quarter Ended March 31, 2026: Profit of ₹73.48 crore
  • Year Ended March 31, 2026: Profit of ₹182.85 crore

Subsidiary Information

The consolidated results include:

1. Styrenix Performance Materials FZE (Wholly Owned Subsidiary): Revenue ₹0.00 crore, Other Income ₹0.31 crore, Net profit ₹0.21 crore, Total comprehensive income ₹0.15 crore (unaudited, not reviewed by auditors)

2. Styrenix Performance Materials (Thailand) Limited (Wholly Owned Step-down Subsidiary): Revenue ₹320.90 crore, Net profit ₹5.03 crore, Total comprehensive income ₹3.68 crore (reviewed by other auditors)

Operational Segment

The Company operates in "Engineering Polymers" which constitutes a single reportable business segment under Ind AS 108.

Financial Statement Preparation

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013.

Auditor Review

The statutory auditors, Talati & Talati LLP, have expressed unmodified conclusions on both the standalone and consolidated financial results. The limited review was conducted in accordance with SRE 2410 issued by ICAI.

Capital Structure

Paid-up equity share capital remains unchanged at ₹17.59 crore (face value ₹10 per share).