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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Styrenix Performance Materials Limited is an India-based company, which is engaged in manufacturing, trading and selling engineering thermoplastics. The Company is a producer of Absolac (ABS). ABS is a plastic resin produced from Acrylonitrile, Butadiene & Styrene, used for…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, fast-growing business, trading cheap versus its own history.
Styrenix Performance is scored on the general / industrial framework. It keeps a slim 5.3% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 1.00×). Free cash flow is worth about 0.4% of its market value.
Over the last 3 years revenue compounded at 19%/yr and profit at 113%/yr. Book value itself has compounded 41%/yr — the hallmark of a genuine compounder. Return on equity is a healthy 16.9%. In the latest quarter profit fell 83% versus the prior quarter.
At 18× earnings, the stock sits at the 11th percentile of its own 5.2-year range — the cheap end of where it has historically traded. Today's price asks for only ~3%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 12.98 | 2.98 | worse |
| P/B | 2.19 | 2.69 | better |
| EV/EBITDA | 7.83 | 10.45 | better |
| ROE | 16.9 | — | — |
| ROCE | 17.78 | 69.92 | worse |
| ROA | 9.84 | 54.03 | worse |
| Quick Ratio | 1.14 | 2.26 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Supreme Petrochem | 24.4 | 5.1 | 20.8% |
| Savita Oil Techno | 7.9 | 2.0 | 25.7% |
| Bhansali Polymers | 12.3 | 2.4 | 19.1% |
Revenue has grown every year across all 3 financial years shown. 24% CAGR over 2 years — high-growth territory. Growth is decelerating — latest year grew slower than the year before.
Revenue is outpacing profit (24% vs 3%) — costs are rising faster than the top line.
Operating margin has compressed from 10% to 6% — costs or competition are eating into profitability. Margins have declined for 2 consecutive years — watch for a structural cost problem.
ROE at 13% — a respectable return on shareholder capital. Capital efficiency declining — ROE down 11pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. 3% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Run-rate stepping up — recent quarters average 18% above earlier ones.
Profit fell 83% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 5.2y median.
Promoters at 46.2% — dispersed ownership; institutional flows drive the stock.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.