Styrenix Performance Materials Declares Interim Dividend of ₹23 Per Share: Record Date Today

Gujarat, February 05, 2026: Styrenix Performance Materials Ltd has announced a second interim dividend of ₹23 per equity share for the financial year 2025-26. The dividend will be paid from profits earned through December 31, 2025.

The interim dividend was approved by the Board at a meeting on January 29, 2026, and announced in a regulatory filing.

Key Dates and Timeline

The record date has been set to February 05, 2026, by which the company will identify shareholders who are eligible to get the interim dividend.

The dividend will be awarded to investors who held the shares of Styrenix Performance Materials on the record date. Stocks bought on or after the ex-dividend date will not be eligible for this distribution.

The dividend will be deposited within the statutory time period established in accordance with the relevant regulations.

Purpose Behind the Interim Dividend

Styrenix Performance Materials Limited reported a consolidated net sales growth of 25.87% year-on-year to ₹869.49 crore for the quarter ended December 31, 2025, compared with the corresponding period last year.

However, consolidated net profit declined sharply by 65.74% year-on-year to ₹16 crore, indicating pressure on bottom-line profitability despite strong revenue expansion.

Against this backdrop, the declaration of an interim dividend signals the company’s confidence in its underlying business strength and cash-flow position. The payout reflects management’s assessment that operational performance and liquidity remain sufficient to support shareholder returns, even as consolidated profitability moderated during the quarter.

The interim dividend is also viewed as an indication of balance-sheet stability and management’s intent to reward shareholders without compromising ongoing operations or planned growth initiatives.

Impact on Shareholders

Eligible shareholders will receive ₹23 per equity share as a cash distribution. The face value of each share is ₹10, making the payout equivalent to 230% of face value.

Dividend distribution does not alter the company’s equity structure. There is no dilution of shareholding, and the capital base remains unchanged.

Only shareholders on record as of the specified date will receive the dividend in this cycle.

Market Snapshot and Share Price

Styrenix Performance Materials share price was trading around ₹1,908 on February 5, 2026, 10:23 a.m. The company’s market capitalisation stands at approximately ₹3,356 crore.

The major financial indicators using the recent market information include a stock P/E of 19.7, the book value of 708, a dividend yield of 2.84, ROCE of 26.5, and ROE of 24.6, which indicate good profitability, good returns ratios, and average valuation ratios.

The stock’s 52-week range has been between ₹1,836 and ₹3,524, reflecting periods of volatility during the year.

Ref: https://www.bseindia.com/stock-share-price/styrenix-performance-materials/styrenix/506222/