Styrenix interim dividend ₹23: dates, earnings FY26 details

What the company announced

Styrenix Performance Materials Ltd announced a second interim dividend of ₹23 per equity share for FY2025-26. The decision was approved by the board at its meeting on January 29, 2026, and later communicated through a regulatory filing. The company stated the dividend would be paid out of profits earned up to December 31, 2025. The payout is a cash distribution and does not change the equity structure. The face value of each share is ₹10, making the interim dividend 230% of face value. The company also indicated the dividend would be deposited within the statutory timeline as per applicable regulations. The announcement is a key corporate action item for investors tracking income distributions from the stock.

Record date, eligibility, and how the ex-date works

The record date for determining eligible shareholders was set as February 05, 2026. Investors who held Styrenix Performance Materials shares on the record date are eligible to receive the dividend for this cycle. The company also clarified that shares bought on or after the ex-dividend date are not eligible for the distribution. This distinction matters because the exchange-set ex-date determines which trades qualify for the dividend. For shareholders, the key operational point is that eligibility is based on ownership as of the record date. The filing also noted that the capital base remains unchanged and there is no dilution of shareholding due to this payout.

Where the stock traded around key dates

The stock has been reported at multiple price points across different dates. One data point shows a share price of ₹2,286 as of May 29 at 4:00 PM (NSE). Another states the share price was ₹2,351.80 as on June 24, 2026. Around the record date, the share price was reported near ₹1,908 on February 5, 2026 at about 10:23 a.m. A separate market snapshot shows the stock last traded price at ₹1,900.80, and also lists ₹1,900.80 as on April 7, 2026 at 03:56 PM IST. These figures reflect different timestamps and should be read as point-in-time observations rather than a single continuous series.

Quarterly performance snapshot (Mar 2025 to Mar 2026)

Standalone quarterly data (figures in ₹ crore) shows net sales moving between ₹615.18 crore and ₹721.11 crore during Mar 2025 to Dec 2025, and at ₹656.36 crore in Mar 2026. Operating profit ranged from ₹74.51 crore (Dec 2025) to ₹124.01 crore (Mar 2026). Profit after tax (PAT) was ₹53.16 crore in Mar 2025, ₹54.87 crore in Jun 2025, ₹50.78 crore in Sep 2025, ₹44.30 crore in Dec 2025, and ₹84.31 crore in Mar 2026. Adjusted EPS tracked this movement, rising to ₹47.93 in Mar 2026 from ₹25.18 in Dec 2025. Exceptional items were reported as nil in most quarters, with -₹3.10 crore in Dec 2025 and ₹0.33 crore in Mar 2026.

Dec 2025 quarter: strong sales growth, weaker profit

For the quarter ended December 31, 2025, the company reported consolidated net sales of ₹869.49 crore, up 25.87% year-on-year. However, consolidated net profit fell sharply by 65.74% year-on-year to ₹16 crore. This combination highlights that revenue expansion did not translate into bottom-line growth for that period. The company’s communication pointed to pressure on profitability despite higher sales. Investors typically track such divergence closely because it can indicate cost pressure, pricing changes, or other transitory factors affecting margins.

Q3 FY26 commentary: inventory losses cited

Separately, a note on Q3 FY26 described “significant challenges” with a 6.2% decline in total income and a 7.51% drop in profit after tax. The stated driver was inventory losses linked to falling prices of raw materials and finished goods. At the same time, the note mentioned a slight increase in EBITDA and improved margins as a sign of operational efficiencies. It also referred to Thailand operations transitioning to new brands while maintaining customer loyalty. These remarks frame the quarter as one impacted by commodity and inventory revaluation dynamics, alongside efforts to improve operational performance.

Dividend history and reported dividend yield metrics

The data includes multiple dividend-related references. It lists interim dividends of ₹31 per share with an ex date of August 21, 2025, and ₹23 per share with an ex date of February 5, 2026. Dividend yield is shown as 1.63% in one place, while another figure lists a dividend yield of 2.27. There is also a statement that the company “does not pay” dividends and shows dividend yield as 0%, which conflicts with the interim dividend entries and corporate action note. Taken together, the explicit corporate action details support that interim dividends were declared for the periods shown, while the yield values appear to depend on the price and dataset date used.

Why this matters for shareholders

For income-focused investors, a ₹23 per share interim dividend is material because it sets a cash payout expectation tied to a fixed eligibility date. For broader investors, the announcement lands amid mixed earnings signals: periods of strong sales growth alongside sharp profit compression in the Dec 2025 quarter, and commentary around inventory losses impacting Q3 FY26 performance. The quarterly table also shows a notable jump in operating profit and PAT in Mar 2026 compared with Dec 2025. That sequence can influence how investors interpret near-term volatility in margins and the sustainability of distributions.

Company profile and contact details provided

Styrenix Performance Materials Ltd is described as a company in the performance materials industry, focused on production and distribution of performance materials for various applications. The address listed is 9th Floor, ‘Shiva’, Sarabhai Complex, Dr. Vikram Sarabhai Marg, Vadiwadi, Vadodara, Gujarat - 390023. The contact details shown include telephone 265-2303201 and fax 265-2303203, with email secshare@styrenix.com. The website listed is http://www.styrenix.com. The company’s BSE code is shown as 506222.

Conclusion

Styrenix Performance Materials’ ₹23 per share second interim dividend, approved on January 29, 2026 with a February 5, 2026 record date, is the central corporate action for investors to track. Recent disclosures also show revenue growth in the Dec 2025 quarter but a steep decline in consolidated net profit, alongside commentary on inventory-led pressures in Q3 FY26. The next practical step for shareholders is monitoring the company’s stated statutory timeline for dividend credit and subsequent quarterly result announcements, including those referenced with an announcement date of May 16, 2026 for quarterly results and the dividend event tied to Feb 5, 2026.