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Styrenix PERFORMANCE MATERIALS Styrenix Performance Materials Ltd. Q1 FY27 | Investor Presentation
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Styrenix Performance Materials Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. This presentation contains certain forward looking statements concerning the Company’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, competition (both domestic and international), economic growth in India and abroad, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, our ability to manage our international operations, government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward looking statements become materially incorrect in future or update any forward looking statements made from time to time by or on behalf of the Company. 2
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For Border For 3rd bar in the chart Q1 FY27 Performance Highlights
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation Managing Director’s Commentary “The first quarter of FY27 presented significant challenges for the polymer industry, both in India and globally. Geopolitical developments around the Strait of Hormuz created considerable disruption across global supply chains, resulting in heightened volatility in the availability and pricing of energy and key raw materials. Our strategy of diversifying sourcing and reducing dependence on any single geography enabled Styrenix to navigate these disruptions effectively. This approach, combined with the agility and dedication of our teams, ensured continuity of supply to our customers throughout the quarter. Despite an extremely volatile operating environment, we were able to avoid declaring force majeure through close collaboration with our suppliers and customers. The strength of our long-standing partnerships and the trust we have built over many years once again proved to be one of our greatest competitive advantages. The sharp movements in raw material prices did lead to some temporary demand moderation, particularly in the non-OEM segment, as customers adjusted to the rapidly changing pricing environment. We believe this impact is transitory, and demand should recover as input costs and product pricing stabilize. Looking ahead, we remain focused on executing our long-term growth strategy. Our expansion plans continue to progress as scheduled, and we expect the first phase of our ABS capacity augmentation to be commissioned during the current financial year. This expansion will strengthen our ability to serve growing customer demand.” - Mr. Rahul R. Agrawal Managing Director 4
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation Q1 FY27 Performance Highlights - Standalone Total Income (INR crores) EBITDA (INR crores) 355.8 369.7 FY25 FY26 232.2 234.3 FY25 FY26 Sales Volume (in KT)PAT (INR crores) 185.4 195.0 FY25 FY26 5 723.0 770.5 Q1 FY26 Q1 FY27 2,755.2 2,646.7 FY25 FY26 11.9% 26.1% Margin17.8%7.6% 14.0% Margin12.9% 8.9%8.4% 86.1 201.4 Q1 FY26 Q1 FY27 54.9 137.3 Q1 FY26 Q1 FY27 52.5 38.9 Q1 FY26 Q1 FY27
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation Q1 FY27 Performance Highlights - Consolidated Total Income (INR crores) EBITDA (INR crores) 362.7 359.6 FY25 FY26 233.4 182.8 FY25 FY26 Sales Volume (in KT)PAT (INR crores) 201.8 248.3 FY25 FY26 6 2,994.6 3,454.4 FY25 FY26 10.5% 22.0% Margin13.6%2.0% 10.4% Margin12.1% 5.3%7.8% "Styrenix Performance Materials (Thailand) Ltd” was acquired effective Jan 2025, therefore not comparable with full year FY2025-26 for consolidated results 946.9 1,014.2 Q1 FY26 Q1 FY27 99.8 223.6 Q1 FY26 Q1 FY27 18.6 138.3 Q1 FY26 Q1 FY27 67.2 50.8 Q1 FY26 Q1 FY27
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation Profit & Loss Statement - Standalone 7 Particulars (INR Crores) Q1 FY27 Q1 FY26 FY26 FY25 Revenue from Operations 768.0 721.1 2,640.3 2,744.4 Other Income 2.5 1.9 6.4 10.8 Total Income 770.5 723.0 2,646.7 2,755.2 Cost of Goods Sold 482.7 551.2 1,946.5 2,060.3 Employee Cost 20.4 18.9 75.2 70.3 Other Expenses 66.0 66.8 255.2 268.8 EBITDA 201.4 86.1 369.7 355.8 EBITDA Margin (%) 26.1% 11.9% 14.0% 12.9% Finance Cost 1.4 1.5 5.6 3.5 EBDT 200.0 84.7 364.2 352.3 Depreciation 13.3 10.8 47.1 39.3 Profit before exceptional item and tax 186.7 73.9 317.1 313.0 Exceptional Item 0.0 0.0 2.8 0.0 Profit before tax 186.7 73.9 314.3 313.0 Tax 49.4 19.0 80.0 80.8 Profit After tax 137.3 54.9 234.3 232.2 Profit After Tax Margin (%) 17.8% 7.6% 8.9% 8.4% Other Comprehensive Income 0.1 -0.1 0.4 -0.5 Total Comprehensive Income 137.4 54.8 234.7 231.7 EPS (INR) 78.08 31.20 133.22 132.02
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation Profit & Loss Statement - Consolidated 8 Particulars (INR Crores) Q1 FY27 Q1 FY26 FY26 FY25 Revenue from Operations 1,010.9 943.5 3,438.0 2,982.4 Other Income 3.3 3.4 16.4 12.2 Total Income 1,014.2 946.9 3,454.4 2,994.6 Cost of Goods Sold 638.0 687.6 2,505.1 2,219.9 Employee Cost 38.9 37.7 147.9 90.0 Other Expenses 113.7 121.8 441.8 322.0 EBITDA 223.6 99.8 359.6 362.7 EBITDA Margin (%) 22.0% 10.5% 10.4% 12.1% Finance Cost 4.4 4.6 19.5 5.7 EBDT 219.2 95.3 340.1 357.0 Depreciation 30.5 24.7 114.1 55.1 Profit before exceptional item and tax 188.6 70.5 226.0 302.0 Exceptional Item 0.0 0.0 2.8 0.0 Profit before tax 188.6 70.5 223.3 302.0 Tax 50.3 51.9 40.4 68.6 Profit After tax 138.3 18.6 182.8 233.4 Profit After Tax Margin (%) 13.6% 2.0% 5.3% 7.8% Other Comprehensive Income -1.3 1.5 36.1 -1.6 Total Comprehensive Income 137.0 20.1 218.9 231.7 EPS (INR) 78.64 29.52 103.98 132.70 “Styrenix Performance Materials (Thailand) Ltd” was acquired effective Jan 2025, therefore not comparable with full year FY2025-26 for consolidated results
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For Border For 3rd bar in the chart Company Overview
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation Styrenix at a Glance India’s Leading Engineering Polymer Manufacturer Over 5 Decades of Experience Leader in manufacturing wide range of Acrylonitrile Butadiene Styrene (ABS) and Styrene Acrylonitrile resin (SAN) Wide grades across product portfolio backed by inhouse technology 5 State of the Art ISO Certified Production units 1 R&D Laboratory with unique product innovation capabilities 10+ Sales Offices across geographies 600+ Customers across various industries 10 Polymers Portfolio Growing in Polystyrene & other polymer segments Offering customized and innovative solutions Committed to maintain highest quality & performance standards Our Brands ABSOLAC® ABS ABSOLAN® SAN ASALAC® STYROLOY® Other Polymers & Blends STYRENIX®PS (GPPS) STYRENIX®PS (HIPS) Polystyrene
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation Our Journey 11 Foundation & Build up 1973: Mr. Rakesh Agrawal incorporated ABS Plastics Ltd. and leads it till 2012 1992: ABS capacity increased to 10,000 TPA 1993: Commissioned new SAN plant in Katol. Capacity 5,000 TPA 1995-1996: ABS capacity increased to 20,000 TPA SAN capacity increased to 10,000 TPA R&D facility established in Moxi 2000-2003: Capacity increased of ABS to 39,000 TPA & SAN to 40,000 TPA 2005-2012: Capacity increased of ABS to 80,000 TPA & SAN to 60,000 TPA 2013: PS business acquired from BASF Capacity 66,000 TPA 2014: Commissioned another new SAN line in Katol Capacity increased to 100,000 TPA 2019-2020: Moxi capacity increased to 100,000 TPA Strategic Expansion Accelerating Growth 2022: Shiva Group led by Mr. Rakesh Agrawal acquires majority equity stake 2023: Debottlenecking & Brownfield expansion announced 2024: De-bottlenecking led increase in capacity: PS increased to 100,000 TPA & Rubber to 27,000 TPA 2025: Acquisition of Ineos Styrolution, Thailand Vision Mission 11 Our Vision is delivering excellence, with the ambition to become the preferred global supplier of high-performance polymer raw materials to our valued customers. Styrenix Performance is dedicated to enabling customer success by providing innovative and reliable materials solutions. Our name reflects our core philosophy—combining technical expertise with solution-driven thinking. Through a strong understanding of customer requirements, we deliver cost-effective products that enhance quality of life by improving safety, convenience, and performance.
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For Border For 3rd bar in the chart Pillars Behind Strong Foundation
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation Pillars Behind Strong Foundation 13 Prominent Manufacturer of ABS Growing in Polystyrene, Emerging in Blends & other specialty polymers Five State-of-Art Manufacturing Facilities Capacity Built to Scale Technology and Market augmentation due to Thailand acquisition 1 2 3 4 5 R&D Strength Long Standing Client Relationship Consistent performance Best Practices behind Proven Credentials Experienced Board 6 7 8 9 10
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation 1. Prominent Manufacturer of ABS 14 Specialty ABS for high aesthetics and performance ABSOLAC ® (ABS) Specification: Easy processing, superior surface finish, excellent paintability High impact strength, heat & chemical resistance Electroplating-ready with strong adhesion Wide grade range: injection, extrusion, blow molding Key Applications: Automotive Interior & Exterior 2W, Helmet Body painted parts Household appliances housing Electricals & Electronics gadgets parts Stationary, Toys & Miscellaneous parts Transparent & stiff styrenics polymer ABSOLAN ® (SAN) Specification: Excellent transparency with high stiffness Good chemical resistance and dimensional stability Proven mechanical performance Highlight: SAN-GF grades widely used in AC fan applications across OEMs Key Applications: Stationary & Novelty Items Household appliances transparent parts Cosmetic Jar AC Fan blades
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation 2. Blends & Speciality Polymers | Polystyrene 15 Emerging in Blends & Other Speciality Polymers Advanced Polymer Blends High performance styrenics blends Specification: Blends of ABS / ASA / HIPS with PC, PMMA, Nylon, PPO High impact strength, superior flow, premium aesthetics Excellent UV, heat, and chemical resistance Enables thin-wall, complex, and durable designs Applications: • Automotive • Electronics • Household products STYROLOY ® Weather-resistant styrenic polymer Specification: Superior UV stability and long- term color retention High surface quality with good impact strength Excellent chemical resistance Applications: • Automotive exterior & interior • PVC cap stock • Roofing sheets • Gardening equipment ASALAC (ASA) ® Impact-modified polystyrene for durability Specification: Enhanced toughness for single- use and durable applications Consistent performance in technically demanding uses Available in pre-colored grades Applications: • Electronics Goods Housings • Refrigerator liners • Household goods • Toys • Food packaging STYRENIX ® PS (HIPS)STYRENIX ® PS (GPPS) Transparent General Purpose Polystyrene Specification: Excellent clarity, moldability, and easy processing Suitable for injection molding and extrusion Broad applicability across consumer and industrial segments Applications: • Food packaging, • Healthcare & labware, • Refrigerator components • Toys • Consumer Goods Growing in Polystyrene
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation Designed for Demanding Applications 16 High Performance solutions offer a comprehensive range of properties that deliver reliability, compliance, and excellence across industries and applications. Engineered For Performance Designed for Versality
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation 3. Five State of the Art Manufacturing Facilities Unit I – Katol Unit II – Moxi Unit III – Dahej Unit IV – Nandesari Set Up 1993 Products SAN Capacity 1,00,000 TPA Set Up 1995 Products ABS & Others Capacity 1,00,000 TPA Acquired in 2014 Products Polystyrene Capacity 1,00,000 TPA Set Up 1978 Products Rubber Capacity 27,000 TPA 4 Domestic Production Units 1 R&D Centre 10+ Sales Offices across geographies 4 lakh+ Sq mtrs 1 International Production Unit Unit V – Map Ta Phut, Thailand Acquired in 2025 ABS 85,000 TPA SAN 1,00,000 TPA HRG Rubber 31,000 TPA Optimal plant locations supporting supply chain operations Backward Integrated manufacturing Overseas plant enhancing global access 17 Competitive Edge
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation 4. Capacity Built to Scale 149.0 164.3 185.4 195.0 FY23 FY24 FY25 FY26 Volumes in KT +31% India Sales Volume Trend 18 Established and diversified manufacturing capacity providing a strong foundation to support current volumes and future growth Existing facilities are designed for scalability, enabling efficient capacity additions with high operating leverage Focused on execution of announced expansion plan in a phased manner, ensuring disciplined and timely capacity creation Unlocking Growth Potential India Manufacturing Capacity (MTPA) 1,00,000 TPA 1,00,000 TPA 1,00,000 TPA 27,000 TPA Commercially sold as Finished ProductABS SAN PS Rubber Mostly Inhouse for downstream applications Commercially sold as Finished Product Inhouse for downstream applications Capacity Expansion of ABS in Phase I (50,000 TPA) is currently under implementation and progressing as per schedule.
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation Manufacturing Capacity 5. Technology and Market augmentation due to Thailand acquisition Expanding into value-added grades of ABS & HRG rubber Acquisition of INEOS Styrolution (Thailand) Company completed in January 2025. Acquired 100% shareholding in the company for USD 22 million The acquisition was funded through a term loan. About the acquisition INEOS Styrolution (Thailand) Company was in the business of manufacturing & selling of specialty engineering polymer products The product portfolio includes specialty ABS, high heat ABS and SAN polymers The company also produces HRG rubber, a key raw material for ABS About the Company ABS 85,000 TPA SAN 1,00,000 TPA HRG Rubber 31,000 TPA Improvement in Product Mix Expansion of Customer base Enhanced Global Reach Access to Technology Key Synergies Will enhance product mix by addition of new high-margin unique grade of ABS used in refrigeration liner applications To strengthen position as a emerging global supplier Access to added geographies and cross-selling opportunities Strong growth and better margins due to availability of better quality HRG rubber, a key raw material for ABS Exponential Growth Opportunity The Plant operates at Map Ta Phut, Thailand, spread across an area of 69,160 sq.m 19
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation 6. R&D Strength 20 Turning customer insights into differentiated products Innovation Unique Product Innovation In-house capabilities enabling differentiated and application-specific solutions. Customer Led Development Continuous customer interaction driving new grades aligned to real performance needs Rapid Colour Customisation On-the-spot color confirmation to meet precise customer requirements Strong backbone ensuring quality, scale, and reliability Research & Development Established in 1995, State of the Art Research & Development facility at Gujarat Cutting Edge R&D Centre R&D Facility equipped with Color excellence center housing over 1,300 colors Unique R&D Excellence Dedicated expertise in rubber research, color development, and new product development Focused Research Capabilities NABL ISO/IEC 17025:2005 certified labs ensuring reliable and authentic results Certified Testing Infrastructure R&D aligned with customer applications, enabling faster adoption and differentiated solutions. Customer-centric approach
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation 7. Long Standing Client Relationship 21 Competitive Edge Long Standing Relationships with key clients Clientele spread across various sectors Customer concentration not exceeding 8-10% Strong Presence Expanding Presence Packaging Industry Cosmetics Industry Healthcare Industry Stationery, Toys AutomotiveAutomotive AutomotiveElectronics AutomotiveHousehold Appliances
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation 8. Consistent Performance over the years* 2,387.3 2,231.4 2,755.2 2,646.7 FY23 FY24 FY25 FY26 22 Total Income** 290.3 272.8 355.8 369.7 FY23 FY24 FY25 FY26 EBITDA 183.0 173.2 232.2 234.3 FY23 FY24 FY25 FY26 PAT *Standalone Figures **Including other income (INR crores) 12.2% 7.7% 7.8% 8.4% 12.2% 12.9% 14.0% 8.9% Margin Margin
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation • Process Safety [As per OSHA guidelines] - PSM training from external expert conducted for three batches of cross functional operations team. • Engineering controls for Process Risk control. • Trainings for Slip, Trip & Fall hazards • Focus on storage safety of Styrene • ISO 45001: 2018 sustenance. EHS Focus Area • Best of different Technologies in Practice (JSR- Japan Synthetic Rubber, BAYER/LANXESS, INEOS, BASF) with varied focus on Process safety • Sustainability - Resource reduction (water, waste, energy, emissions). Green belt development • Capacity building for fire squad members - 5 batches of fire safety training conducted from external experts to emergency squad members. 9. Best Practices Behind Proven Credentials Best Practices Followed • Process Safety Management [As per OSHA guidelines] • Operational Audits • Integrated Asset care & Process Safety Audits • Use of Flame-Resistant Clothing [FRC] in operations • Behavior Based Safety • HAZOP (Hazard & Operability) study for all processes. • Management of Change (Personnel, Facilities & Technology) • Rewards & Recognition program • Committed to the Safety and Health of employees and nearby communities • Certified for ISO 45001:2018 std certification in May’26. • Certified & committed to ISO 14001:2015 • 5.8 Million work hrs. for Employee and 8.9 Million work hrs. for contractors [Apr’22 to Jun’26], with only 3 reportable incident (contractor, employee). • Committed towards Environment: ✓ Use of clean fuel ✓ Energy, waste, water, emission reduction measures. ✓ Green belts development in neighboring areas for sustainability. ✓ “Swatchata abhiyaan” conducted at Katol site. ✓ Environmental Day celebrations done in June’2026. ✓ Tree plantation drives undertaken across sites. EHS Highlights Key Certificates 23 Certified to ISO 9001: 2015 (Quality Management System) Certified to ISO 14001: 2015 (Environmental Management System) Certified to ISO 45001: 2018 (Occupational Health & Safety Management System) in May’26
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation 10. Experienced Board Members 24 Rakesh S. Agrawal, Chairman • Chairman of Shiva Group • Master of Engineering (Chemistry) from Stevens Institute of Technology, New Jersey • Experience of over five decades • Set up first manufacture plant of ABS & SAN resins in India Rahul R. Agrawal, Managing Director • Director & Promoter of Shiva Pharmachem • Bachelor’s degree in Chemical Engineering from the University of Michigan and MBA from Harvard Business School • Over 25 years of experience in Chemical Manufacturing Industry Vishal R. Agrawal, Joint Managing Director • Managing Director & Promoter of Shiva Pharmachem • Bachelor’s degree in Chemical Engineering and a Masters’ degree in Information Management from Stevens Institute of Technology • Over 25 years of experience in Chemical Manufacturing Industry Ravishankar Kompalli, Whole-Time Director • Graduated in Chemical engineering from Andhra University in 1977 • Safety management diploma from Central Labour Institute, Mumbai of Govt of India • Experience of over four decades in polymer industry • Co-patented High Rubber Graft ABS powder technology for INEOS Styrolution presently in operation at Nandesari Plant, Gujarat Milin Mehta, Independent Director • Chartered Accountants, Master of Commerce and a Law Graduate • Leads the practice of the firm K C Mehta & Co. LLP, Chartered Accountants for over three decades • Vast experience to serve clients in the areas of accounting, tax, valuation, mergers and acquisitions, strategies and governance Prem Kumar Taneja, Independent Director • Ex-Additional Chief Secretary, Industries & Mines Dept, Home Department, Forest & Environment Department, Government of Gujarat • Over four decades of experience in Governance, Administration and Business Management • Led many Govt. of Gujarat promoted companies as MD, Director, etc. P .N. Prasad, Independent Director • Master's degree in science and a Certified Associate of Indian Institute of Bankers, Rank holder in CAIIB examination • Independent Director, Axis Bank • Over 38 years of experience • Joined SBI in 1983 and retired as Deputy Managing Director in 2020 Radhika Nath, Independent Director • BA in Political Science and Economics from Elphinstone College in Mumbai, Diploma from Sophia Polytechnic, Mumbai and MBA degree student at Bombay University • Trustee-Governing Council, Educational Initiatives, Mahindra Group • 31 years of experience in retail, export, and trade
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For Border For 3rd bar in the chart Historical Financial Highlights
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation Consolidated Profit & Loss* 26 Particulars (INR Crores) FY26 FY25 FY24 FY23 Revenue from Operations 3,438.0 2,982.4 2,222.2 2,372.2 Other Income 16.4 12.2 9.3 15.1 Total Income 3,454.4 2,994.6 2,231.4 2,387.3 Cost of Goods Sold 2,505.1 2,219.9 1,662.3 1,776.4 Employee Cost 147.9 90.0 67.2 72.2 Other Expenses 441.8 322.0 229.2 248.5 EBITDA 359.6 362.7 272.8 290.3 EBITDA Margin (%) 10.4% 12.1% 12.2% 12.2% Finance Cost 19.5 5.7 2.8 5.3 EBDT 340.1 357.0 270.0 284.9 Depreciation 114.1 55.1 36.8 38.0 Profit before exceptional item and tax 226.0 302.0 233.2 246.9 Exceptional Item 2.8 0.0 0.0 0.0 Profit before Tax 223.3 302.0 233.2 246.9 Tax 40.4 68.6 60.1 64.0 Profit After Tax 182.8 233.4 173.2 183.0 PAT Margin (%) 5.3% 7.8% 7.8% 7.7% Other Comprehensive Income 36.1 (1.6) 0.1 0.6 Total Comprehensive Income 218.9 231.7 173.3 183.6 EPS (Rs.) 103.98 132.70 98.47 104.07 “Styrenix Performance Materials (Thailand) Ltd” was acquired effective Jan 2025, therefore not comparable with full year FY2025-26 for consolidated results
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation Consolidated Balance Sheet* 27 Assets (INR Crores) FY26 FY25 FY24 FY23 Total Non Current Assets 1,154.9 981.8 343.2 340.7 Intangible Asset 11.8 10.2 - - Property, Plant and Equipment 714.2 713.8 282.2 290.3 Right-to-use Assets 236.1 189.5 13.0 19.1 Capital work-in-progress 105.0 29.4 28.1 11.9 Financial Assets 13.5 12.3 3.9 4.6 (i) Investments 9.7 9.4 1.7 1.0 (ii) Loans 0.0 0.1 0.1 0.0 (iii) Other financial assets 3.8 2.8 2.1 3.5 Deferred tax assets (net) 25.2 3.9 - - Non-current tax assets (net) 24.8 5.2 1.5 1.7 Other non-current assets 24.2 17.5 14.4 13.1 Total Current Assets 1,327.6 1,360.7 694.6 922.1 Inventories 664.5 768.5 268.7 345.6 Financial Assets (i) Trade receivables 428.8 439.9 296.9 318.7 (ii) Current Investments 87.6 10.7 56.1 - (iii) Cash and cash equivalents 70.1 97.7 54.5 102.8 (iv) Bank balances other than above 3.3 2.8 2.1 142.4 (v) Loans 0.1 0.2 0.1 0.3 (vi) Other financial assets 6.9 - 0.7 0.3 Other current assets 66.2 40.7 15.3 11.7 Assets classified as held for sale 0.1 0.1 0.2 0.4 Total Assets 2,482.6 2,342.5 1,037.9 1,262.8 Equity & Liabilities (INR Crores) FY26 FY25 FY24 FY23 Total Equity 1,366.3 1,218.7 722.7 714.7 Equity Share capital 17.6 17.6 17.6 17.6 Other Equity 1,348.7 1,201.1 705.1 697.2 Total Non Current Liabilities 535.5 463.2 58.6 67.8 Financial liabilities (i) Borrowings 222.3 204.0 9.7 9.6 (ii) Lease Liabilities 212.2 172.5 8.4 17.3 Provisions 101.0 86.7 29.2 28.2 Deferred tax liabilities (Net) 11.2 12.7 Total Current Liabilities 580.8 660.6 256.5 480.2 Financial liabilities (i) Borrowings 86.7 1.8 0.2 0.2 (ii) Lease Liabilities 26.9 18.9 9.0 8.0 (iii) Trade Payables 421.1 604.6 227.5 310.4 (iv) Other financial liabilities 27.0 19.3 10.7 147.1 Contract Liabilities 10.7 5.5 0.5 0.3 Provisions 5.7 4.6 1.2 0.7 Other current liabilities 2.6 5.9 7.5 13.5 Total Equity and Liabilities 2,482.6 2,342.5 1,037.9 1,262.8 “Styrenix Performance Materials (Thailand) Ltd” was acquired effective Jan 2025, therefore not comparable with full year FY2025-26 for consolidated results
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation Standalone Historical Financial Highlights Total Income (INR crores) EBITDA (INR crores) PAT (INR crores) 28 2,372.3 2,222.2 2,744.4 2,640.3 FY23 FY24 FY25 FY26 290.3 272.8 355.8 369.7 FY23 FY24 FY25 FY26 183.0 173.2 232.2 234.3 FY23 FY24 FY25 FY26 ROE (%) FY23 FY24 FY25 FY26 23.4% 24.1% 29.5% 25.4% ROCE (%) FY23 FY24 FY25 FY26 34.2% 31.7% 36.5% 32.1% 12.2% 12.2% 12.9% 14.0% 7.7% 7.8% 8.4% 8.9%
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation Standalone Key Ratios 29 Debt Service Coverage Ratio Debt To Equity Fixed Asset Turnover 17.26 17.72 18.63 12.03 FY23 FY24 FY25 FY26 0.01 0.01 0.02 0.06 FY23 FY24 FY25 FY26 7.95 7.76 9.34 8.76 FY23 FY24 FY25 FY26 Current Ratio 2.30 2.71 2.07 2.47 FY23 FY24 FY25 FY26
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For Border For 3rd bar in the chart Styrenix Performance Materials Limited | Q1 FY27 Investor Presentation Robust manufacturing capabilities Providing Innovative & Value Add Offerings Focused on Improving Product Mix Consistent track of profitability despite market volatility Longstanding relationships with customers and vendors 30 Track record of consistent performance Strong Balance Sheet
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For Border For 3rd bar in the chart Styrenix Performance Materials Ltd. CIN -L25200GJ1973PLC002436 Mr. Bhupesh P. Porwal - Chief Financial Officer bhupesh.porwal@styrenix.com www.styrenix.com Company: Strategic Growth Advisors Pvt. Ltd. CIN - U74140MH2010PTC204285 Mr. Shrikant Sangani / Ms. Vaamaa Choksi shrikant.sangani@sgapl.net / vaamaa.choksi@sgapl.net +91 9619595686 / +91 9022208577 www.sgapl.net Investor Relations Advisor: