Q3 2026 Styrenix Performance Materials Ltd Earnings Call Transcript
Key Points
- Sales volume for Q3 FY '26 increased by 7.6% year-on-year, indicating strong demand.
- EBITDA margins improved to 11.7% in Q3 FY '26 from 10.9% in Q3 FY '25, showing operational efficiency.
- The company successfully retained 90% of its customers in Thailand despite brand transition.
- Styrenix Performance Materials Ltd (BOM:506222) expanded its polystyrene capacity from 65,000 tonnes to 100,000 tonnes.
- The company is on track with its ABS expansion plans, with Phase 1 expected to start in the second half of FY '27.
- Total income for Q3 FY '26 decreased by 6.2% year-on-year, reflecting revenue challenges.
- Profit after tax for Q3 FY '26 declined by 7.51% year-on-year, indicating profitability pressures.
- The Thailand operations faced inventory losses due to lower prices of final products and raw materials.
- The company experienced a dip in profit after tax margins by 100 basis points year-on-year.
- There is ongoing pressure from global overcapacity, particularly from China, affecting pricing dynamics.
Ladies and gentlemen, good day, and welcome to Styrenix Performance Materials Limited conference call. We have with us today from the management of Styrenix Performance Material Limited. Mr. Rahul Agrawal, Managing Director; Mr. Bhupesh Porwal, Chief Financial Officer; Mr. Chintan Doshi, Manager, Legal and Company Secretary and SGA team. (Operator Instructions) Please note that this conference has been recorded.
Further, on behalf of the management of the company, we would also like to remind the participants that this call is being conducted subject to and in line with the disclaimer mentioned in the investors presentation, as in available on the stock exchanges.
I now hand over the conference to Mr. Bhupesh P. Porwal. Thank you, and over to you, sir
Thank you very much. (spoken in foreign language), everyone, and a warm welcome to our Q3 and nine months FY26 Earnings Call.
Before turning to the financial performance, I would like to highlight for the
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