Small-cap chemicals firm Styrenix declares ₹23/share interim dividend for shareholders; check record date

Small-cap chemicals producer Styrenix Performance Materials' board of directors on Tuesday, August 4, announced that the company has declared a ₹23 per share interim dividend issue for shareholders, according to an exchange filing.

As per the NSE filing, all eligible shareholders will receive an interim dividend payment of ₹23 per share of a face value of ₹10 apiece, for every share they own in the company up to one day ahead of the predetermined record date of the corporate action.

Styrenix has fixed the official record date of its interim dividend issue on Monday, August 10, 2026, which means investors who hold or purchase shares by Friday, August 7, will be eligible for the dividend payment.

The company announced its April to June quarter results for the financial year 2026-27 on Tuesday, August 4, 2026.

After the Q1 update, small-cap stock Styrenix surged 6.6% to hit its intraday high of ₹2,653 apiece on Tuesday’s market, in combination with ₹2,487.30 apiece at the previous stock market close.

Styrenix Q1 PAT jumps 166% YoY

NSE filings showed that Styrenix reported a 166% year-on-year (YoY) rise in June quarter consolidated net profits to ₹138 crore in the financial year 2026-27, compared to ₹52 crore in the same period a year earlier.

The data further showed that the company’s revenue from core operations advanced 7% YoY to ₹1,011 crore in the first quarter of FY27, from ₹944 crore in the corresponding quarter of the previous financial year.

Styrenix’s operational-level earnings before interest, tax, depreciation, and amortisation (EBITDA) jumped 102% YoY to ₹255 crore in the period under review, compared with ₹126 crore in the same period a year earlier.

The EBITDA margins expanded to 25.24% in the April to June quarter of FY27, from 13.32% in the same period a year earlier.

About Styrenix

Styrenix is a speciality chemicals manufacturer which produces Absolac (ABS) and Absolan (SAN) in India, according to the official company website.

This ABS material is a plastic resin produced from acrylonitrile, butadiene and styrene, having multiple use cases like in manufacturing home appliances, automobiles, consumer durables and machinery.

While SAN is a polymerised plastic resin made from styrene and acrylonitrile and used for products in lighting, stationery, novelties, refrigerators and cosmetic packing.

Styrenix share performance

Small-cap stock Styrenix have delivered more than 86% returns to investors in the last five years, and over 122% gains in the last three years, according to NSE data. However, in the past one-year period, the company's shares have declined 11%.

On a year-to-date (YTD) basis, the company’s stock has risen 25.5% and over 10% in the last one month. The exchange data further showed that Styrenix shares were trading 4.2% higher over the last five market sessions.

Styrenix shares surged to their 52-week high of ₹2,931.60 on August 5, 2025, while the 52-week low was at ₹1,780 on March 30, 2026. The company’s market capitalisation (m-cap) was at ₹4,388 crore as of the trading session on Tuesday, August 4, 2026.