Styrenix Performance Materials (NSE:STYRENIX) Tax Rate %: 21.04% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:STYRENIX Styrenix Performance Materials Ltd NSE:STYRENIX
81 GF Score
Price ₹2,441.60
GF Value ₹2,639.99
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Styrenix Performance Materials Tax Rate %?

Styrenix Performance Materials NSE:STYRENIX -1.39% 81 Tax Rate % is 21.04% as of Mar. 2026. GuruFocus rates NSE:STYRENIX with a GF Score™ of 81/100 and a GF Value™ of ₹2,639.99 (Fairly Valued). The stock has 6 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Styrenix Performance Materials's Tax Expense for the three months ended in Mar. 2026 was ₹196 Mil. Styrenix Performance Materials's Pre-Tax Income for the three months ended in Mar. 2026 was ₹931 Mil. Therefore, Styrenix Performance Materials's Tax Rate % for the quarter that ended in Mar. 2026 was 21.04%.


Styrenix Performance Materials Tax Rate % Related Terms


Styrenix Performance Materials Tax Rate % Historical Data

* Premium members only.

The historical data trend for Styrenix Performance Materials's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Styrenix Performance Materials Tax Rate % Chart

Styrenix Performance Materials Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.12 25.89 25.76 22.61 18.10

Styrenix Performance Materials Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.37 26.40 21.36 -155.31 21.04
NSE:STYRENIX
81GF Score
Styrenix Performance Materials Ltd NSE:STYRENIX
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Styrenix Performance Materials Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Styrenix Performance Materials's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=404/2232.5
=18.10 %

Styrenix Performance Materials's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=195.8/930.6
=21.04 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 21.04% mean?
Styrenix Performance Materials (NSE:STYRENIX) has a Tax Rate % of 21.04% as of Mar. 2026.
Is Styrenix Performance Materials' Tax Rate % too high?
Styrenix Performance Materials' current Tax Rate % is 21.04%. Overall, Styrenix Performance Materials has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Styrenix Performance Materials' Tax Rate % compare to DOW?
Styrenix Performance Materials' Tax Rate % of 21.04% can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Chemicals company?
A good Tax Rate % depends on the Chemicals industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Styrenix Performance Materials's current Tax Rate % is 21.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Styrenix Performance Materials stock overvalued right now?
Based on GuruFocus' analysis, Styrenix Performance Materials (NSE:STYRENIX) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,639.99, compared to a current price of ₹2,441.60 — trading 7.5% below its estimated fair value. The current Tax Rate % is 21.04%. Styrenix Performance Materials' overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Styrenix Performance Materials (NSE:STYRENIX), the current Tax Rate % is 21.04% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Styrenix Performance Materials (NSE:STYRENIX) Overvalued in 2026?

Based on GuruFocus' analysis, Styrenix Performance Materials stock appears to be undervalued. The current stock price of ₹2,441.60 is trading 7.5% below its estimated GF Value™ of ₹2,639.99. GuruFocus considers Styrenix Performance Materials to be Fairly Valued.

Key valuation signals for NSE:STYRENIX:

  • Tax Rate %: 21.04%
  • GF Value™: ₹2,639.99 vs. price of ₹2,441.60 (7.5% below fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the NSE:STYRENIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Styrenix Performance Materials Business Description

Other Exchanges 506222:India
Address Dr. Vikram Sarabhai Marg, 9th Floor, Shiva, Sarabhai Complex, Vadiwadi, Vadodara, GJ, IND, 390023
Styrenix Performance Materials Ltd is a producer of Absolac (ABS) and Absolan (SAN) in India. ABS is a plastic resin produced from acrylonitrile, butadiene, and styrene, used for manufacturing home appliances, automobiles, consumer durables, and machinery. Absolan(SAN) is a polymerized plastic resin produced from styrene and acrylonitrile and is mainly used for products such as lighting, stationery, novelties, refrigerators, and cosmetic packing. The company operates in single segment, namely Engineering Polymers. All the business activities of the firm functioned throughout the region of India.
81GF Score

Get the complete analysis for NSE:STYRENIX

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,441.60
Price
₹2,639.99
GF Value