The Portfolio · BriefAll articles →
Dividend / Buyback

STYRENIX · Styrenix Performance Materials Limited · NSE · Filed 4 Aug · 1 min read

Styrenix declares ₹23 interim dividend for FY27 as Q1 profit jumps

Styrenix Performance Materials' board fixed a ₹23-per-share interim dividend for FY2026-27, payable to members on record as of August 10, alongside a steep rise in first-quarter profit.

What the board approved

At its meeting on August 4, 2026, the board of Styrenix Performance Materials declared an interim dividend for FY2026-27 on equity shares of ₹10 each and approved the unaudited standalone and consolidated results for the quarter ended June 30, 2026. The record date for determining members eligible for the dividend is Monday, August 10, 2026. The auditors, Talati & Talati LLP, issued an unmodified conclusion on both sets of results.

The quarter behind the payout

The dividend accompanies a quarter in which standalone profit rose steeply from a year earlier, while revenue from operations held broadly steady. The company reports in a single business segment, Engineering Polymers. On a consolidated basis — which folds in wholly owned subsidiaries in the UAE and Thailand — quarterly profit likewise stepped up markedly from the year-ago period. The figures are set out in the key-facts panel below.

Group structure

The consolidated results incorporate two subsidiaries: Styrenix Performance Materials FZE (wholly owned) and Styrenix Performance Materials (Thailand) Limited (a wholly owned step-down subsidiary). The step-down subsidiary accounts for the bulk of the gap between standalone and consolidated revenue for the quarter, per the auditor's note.

Standalone revenue — Q1 FY26
₹721.11 → ₹768.04 crQ1 FY26 → Q1 FY27+7%
Standalone net profit — Q1 FY26
₹54.87 → ₹137.32 crQ1 FY26 → Q1 FY27+150%
Consolidated net profit — Q1 FY26
₹51.92 → ₹138.30 crQ1 FY26 → Q1 FY27+166%
Interim dividend (FY2026-27)
₹23 per share (230%)
Consolidated revenue — Q1 FY27
₹1,010.86 crore
Standalone basic & diluted EPS — Q1 FY27
₹78.09

‡ Computed by us from the filing’s own figures — not a company-stated number.

For a holder, the filing fixes a near-term cash return — the ₹23 interim dividend, payable to members on record as of August 10, 2026 — set against a quarter of materially higher earnings than a year earlier. It says nothing about future payouts or performance.

Share this

The brief

You just read one filing on Styrenix Performance Materials. We do this every morning — for the stocks you own.

A calm, cited reading of your own holdings, delivered daily on Telegram or email. No tips.

Free during the pilot.

Read all articles