Styrenix Performance Materials Ltd Falls to 52-Week Low of Rs.1860.1

Stock Price Movement and Market Context

On 21 Jan 2026, Styrenix Performance Materials Ltd recorded its lowest price in the last 52 weeks at Rs.1860.1. This new low comes after three consecutive days of declines, during which the stock has lost approximately 1.94% in returns. Despite this, the stock marginally outperformed its sector today, registering a positive day change of 0.33%, while the Plastic Products sector fell by 2.22%.

The stock is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained downward momentum. This contrasts with the broader market, where the Sensex opened 385.82 points lower and is trading at 81,774.49, down 0.49%. The Sensex itself has been on a three-week losing streak, declining 4.65% over that period.

Styrenix’s 52-week high was Rs.3523.95, highlighting the extent of the stock’s decline over the past year. The company’s one-year performance shows a negative return of 29.64%, significantly underperforming the Sensex, which gained 7.81% during the same period. This underperformance is also notable against the BSE500 index, which generated a 6.13% return in the last year.

Financial Performance and Profitability Trends

Styrenix’s recent quarterly results have been subdued, contributing to the stock’s decline. The company reported a profit after tax (PAT) of Rs.44.72 crores in the latest quarter, reflecting a 20.8% decrease compared to the average of the previous four quarters. Additionally, profit before tax excluding other income (PBT less OI) stood at Rs.53.91 crores, marking the lowest level in recent periods.

Cash and cash equivalents at the half-year mark were reported at Rs.19.94 crores, the lowest recorded figure, which may raise concerns about liquidity buffers. Over the past year, the company’s profits have declined by 4.2%, further underscoring the pressure on earnings despite the broader market’s positive returns.

These financial metrics have influenced the company’s Mojo Grade, which was downgraded from Hold to Sell on 28 Oct 2025, with a current Mojo Score of 44.0. The market capitalisation grade stands at 3, indicating a mid-tier valuation relative to peers.

Operational and Valuation Metrics

Despite the recent price weakness, Styrenix maintains several positive operational indicators. The company exhibits a high return on equity (ROE) of 21.45%, signalling efficient use of shareholder capital. Its return on capital employed (ROCE) is also attractive at 16.8%, reflecting solid profitability relative to the capital invested.

Styrenix’s debt profile remains conservative, with a low debt to EBITDA ratio of 0.43 times, indicating a strong ability to service debt obligations. Operating profit has grown at an annual rate of 52.12%, demonstrating healthy long-term growth trends despite recent profit declines.

The enterprise value to capital employed ratio is 2.3, suggesting the stock is trading at a discount compared to its peers’ average historical valuations. This valuation gap may reflect market caution given the recent earnings softness and price performance.

Shareholding and Sectoral Overview

The majority shareholding in Styrenix Performance Materials Ltd remains with the promoters, providing a stable ownership structure. The company operates within the Specialty Chemicals industry, a sector that has faced mixed performance amid broader economic fluctuations.

Within the sector, Styrenix’s stock has notably underperformed, with a 29.64% decline over the past year compared to sectoral and market gains. The Plastic Products sector, closely related to Styrenix’s operations, declined by 2.22% today, reflecting some sector-wide pressures.

Market indices such as NIFTY MEDIA also hit new 52-week lows today, indicating a cautious market environment. The Sensex’s current position below its 50-day moving average, despite the 50DMA trading above the 200DMA, suggests a mixed technical backdrop for equities.

Summary of Key Metrics

Styrenix Performance Materials Ltd’s key financial and market metrics as of 21 Jan 2026 are as follows:

• New 52-week low price: Rs.1860.1


• One-year stock return: -29.64%


• Sensex one-year return: +7.81%


• PAT (latest quarter): Rs.44.72 crores (-20.8% vs previous 4Q average)


• Cash and cash equivalents (half-year): Rs.19.94 crores


• PBT less other income (latest quarter): Rs.53.91 crores


• ROE: 21.45%


• ROCE: 16.8%


• Debt to EBITDA ratio: 0.43 times


• Operating profit annual growth rate: 52.12%


• Enterprise value to capital employed: 2.3


• Mojo Score: 44.0 (Sell), downgraded from Hold on 28 Oct 2025

Styrenix’s share price decline to its 52-week low reflects a combination of subdued earnings performance and broader market headwinds. While operational metrics such as ROE and debt servicing capacity remain robust, recent profit declines and valuation pressures have weighed on investor sentiment.

Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →