Audited standalone and consolidated financial results for the 4th quarter and financial year ended on March 31, 2026.
STYRENIX · price
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Styrenix Performance Materials reported FY2026 consolidated revenue of Rs 9,508 Crores, marginally higher than Rs 9,066 Crores in FY2025. However, Q4 FY26 revenue declined to Rs 2,610 Crores from Rs 2,744 Crores in Q4 FY25. Profit after tax dropped significantly — Q4 PAT fell 75% to Rs 16.94 Crores from Rs 67.16 Crores, while full-year PAT declined 28% to Rs 212.71 Crores from Rs 293.71 Crores. The company recognised an exceptional item of Rs 2.78 Crores (gratuity Rs 2.28 Cr + leave encashment Rs 0.50 Cr) due to new Labour Codes notified in November 2025. The statutory auditor issued an unmodified (clean) opinion on both standalone and consolidated results. The company expanded internationally with subsidiaries in Thailand and Dubai UAE.
The sharp decline in Q4 and full-year PAT despite stable revenue signals margin compression, which may concern shareholders. The exceptional labour code charge, while non-recurring, impacted profitability. The clean audit with no going concern issues is a positive factor.