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Stock Screener·India·Basic Materials·STYRENIX.BO
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Styrenix Performance Materials Limited Stocks

₹ 2092.75Last Updated 21.09.2026

Issuer Rating

5/7
Performance

Strong

Risk

Considerable

Recommendation

Hold

Market Cap

₹ 378.04M

₹ 2092.75
Key Takeaways

Risk factor

Very poor trading liquidity

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Data is available to registered users only

Profitability factor

Favourable analyst view

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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

Styrenix Performance Materials Limited, a company founded in Vadodara, India, in 1973, is actively involved in the manufacturing, trading, and global distribution of engineering thermoplastics. Its business is structured across two main divisions: Specialties and Polystyrene. The firm's product range includes Absolac, a versatile plastic resin widely employed in the production of home appliances, automotive interior and exterior parts, consumer durables, and office equipment. Another offering, Absolan, finds its primary applications in stationery, cosmetic packaging, industrial goods, electrical devices, cosmetic jars, and various household uses. Additionally, Styrenix supplies general-purpose polystyrene, a transparent polymer essential for items such as TV light diffuser plates, XPS insulation boards, refrigerator drawers, medical labware, PSP packaging, CD jewel cases, disposable containers, and clothes hangers. Its high-impact polystyrene resin is integral to electronics goods, housing components, refrigerator liners, injection molds, beverage cups, dairy product packaging, sheets, disposables, yogurt bottles, and toys. The company underwent a name change in January 2023, transitioning from its former identity, INEOS Styrolution India Limited, to its present name. It operates as a subsidiary of Shiva Performance Materials Private Limited.

Company Valuation

Slightly undervalued
5/7

Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD.

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Target Price

Favourable
6/7

The average target price of STYRENIX.BO is 2964 and suggests 41.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
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  • Other risks
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