STYRENIXStyrenix Performance Materials Limited Forensic Risk Analysis

Specialty Chemicals
Risk ClassWatch
Market Cap₹3,359 Cr
Primary DriverGovernance
Flagium AI Risk Score
Early signs of stress detected. Not yet widespread, but initial deterioration is visible.
30 / 100
-5 QoQ
Improving
Sentinel Insight

Financial profile remains stable for now. Pressure is receding in governance. This suggests the risk profile is currently stabilizing. Risk levels are improving.

74.0th %ile (Sector)Accel: +0 Qtrs
Updated2026-06-02
Market View
₹2,263.1▲1.18%
PeriodQ4 FY26

Score Waterfall
Absolute contribution points of each forensic pillar to the final risk score. Derived from: Sector Baseline + Active Penalties - Mitigation Buffers.

Stability Adjustment
+30.0 pts
Final Composite Risk30 / 100

Investment Risk Thesis

Historical Trend

Current risk score has risen from 4 → 30 over 13 quarters.

Expected Direction
🟢 Improving
Primary Deterioration Drivers
  • Margin Compression
  • Inventory Stress
  • Industrial Margin Stress
What to Watch Next Quarter
  • Operating profit margins
  • Debt growth
  • Inventory turnover

Active Risk Objects (7)

CriticalHigh
Industrial Margin Stress
📊 Earnings QualityAnnualActive for 2 Years
More Detail
Impact Weight12/15
MomentumAccelerating
Last SignalQ3 FY2026
STYRENIX: EBITDA margin compressed by 4.8 bps YoY.

"Early signs of margin erosion. Input costs are beginning to eat into core profits."

Operating Leverage Stress
📊 Earnings QualityAnnualActive for 4 Years
More Detail
Impact Weight10/15
MomentumPersistent
Last SignalQ3 FY2026
Expenses are consistently growing faster than revenues, creating operational pressure.

"The balance sheet is heavily over-leveraged. Interest payments are consuming most of the profit."

Profit Collapse
📊 Earnings QualityQuarterlyActive for 2 Qtrs
More Detail
Impact Weight8/15
MomentumDecaying
Last SignalQ3 FY2026
STYRENIX: Net Profit collapsed by 65.7% from FY2025 Q3 to FY2026 Q3.

"Earnings quality is stabilizing. The reliance on non-operational items is receding."

Margin Compression
📊 Earnings QualityAnnualActive for 3 Years
More Detail
Impact Weight15/15
MomentumPersistent
Last SignalQ3 FY2026
Operating margin declined by 8.2 bps YoY for two consecutive quarters.

"Margins are in freefall. Operating costs are growing significantly faster than revenue."

Inventory Stress
📊 Earnings QualityAnnualActive for 3 Years
More Detail
Impact Weight15/15
MomentumPersistent
Last SignalQ2 FY2026
Inventory growth (103.9%) significantly outpaced revenue growth (21.6%).

"Stock is piling up in the warehouse. Inventory turnover is slowing down dangerously."

Low Interest Coverage
💧 Liquidity & CoverageQuarterlyActive for 1 Qtrs
More Detail
Impact Weight8/15
MomentumDecaying
Last SignalQ3 FY2026
STYRENIX: Low Interest Coverage Ratio of 2.33x in FY2026 Q3 (Threshold: 2.5x).

"The ability to cover interest is strengthening as earnings improve or debt is retired."

Revenue-Debt Divergence
🏛️ Solvency & LeverageAnnualActive for 1 Years
More Detail
Impact Weight6/15
MomentumDecaying
Last SignalFY2024
STYRENIX: Revenue fell 6.5% while Debt rose 1.0% in 2024 vs 2023.

"Debt servicing metrics have improved recently. The company is actively deleveraging."

Risk Trajectory
Historical 12-quarter risk trend (Q-11 to Q0) followed by a 2-quarter predictive funnel (Q+1, Q+2).
Loading Chart
Resilience Matrix
Diagnostic benchmarking comparing structural sensitivity and risk buffers against sector medians.
MetricValuevs SectorSignal
Volatility (σ)510.68✅ RESILIENT
Sensitivity (ε_s)11.00✅ RESILIENT
Escalation Prob.5%5%✅ NEUTRAL
Safety Buffer+36.0+46.0📈 CRITICAL
Forensic Benchmark Context: Specialty Chemicals (n=51 peers)

Correlation Analysis
Visualizing the relationship between stock price movement and structural risk objects.

Loading Chart
Share Price
Risk Score (0-100)
Market Performance
₹2,263.1(+1.18%)
1M Divergence-2.17%
1 Week-1.89%
1 Month+0.1%
6 Months+10.43%
1 Year-28.25%
2 Year+33.69%
3 Year+187.81%
Sector Average (1M)+2.27%
Sentinel Forensic Assessment
ALGORITHMIC RISK PROFILE • NON-ADVISORY

The risk profile is Early Signals and currently improving. Recent structural triggers in governance suggest a building pressure on the underlying framework. Material forensic traces are visible in structural transparency and audit trails, indicating a progressive erosion of structural stability. Initial structural recovery is visible; monitor for a sustained return to resilience.

STYRENIX • MARKET STRUCTURE

Stage 1 — Accumulation

The company is in a foundational phase. Risk metrics are stabilizing as the company builds a base for potential future fundamental improvement.

Stage Transition Prob.10%
Trend QualityStabilizing
Phase Progression
Phase Progression Score47.5%
Readiness LabelModerate (Transition Potential Building)
Probability of Advancing10%
CoinTree Momentum
Composite Z-Score+0.2761σ
Improving momentum strength
Universe Rank
A cross-sectional rank of this stock's composite momentum score compared to all other tracked equities in the universe. A rank of #1 of 1035 means it has the strongest overall price momentum in the market.
#628 of 2716
Top 23.12% in momentum strength
Timeframe Sparklines
1W-1.9%
1M+0.1%
6M+10.4%
Weinstein Indicators
150 DMA₹2,069.79
200 DMA₹2,180.6
150 DMA Slope-0.6462%Declining
Relative Strength+15.92%Leading
Relative Turnover (RTR)0.9479
ParticipationNeutral

PEER COMPARISON

Ranked comparison against sector peers

This company shows higher risk compared to the Sector Mean (20).
AARTISURFAarti Surfactants Limited
15 Risk
Sector %ile32th
Delta+2
Active Flags17
Accel+1
Earnings Quality

Stable

AARTIINDAarti Industries Limited
20 Risk
Sector %ile46th
Delta-5
Active Flags24
Accel+0
Balance Sheet Stress

Watch

STYRENIXStyrenix Performance Materials Limited
30 Risk
Sector %ile74th
Delta-5
Active Flags7
Accel+0
Governance

Watch

* Peer comparison is based on risk signals, not valuation or returns.

Risk Profiles

Solvency
10100th %ile
VS Sector Median (8.5)
Governance
10100th %ile
VS Sector Median (8.5)
Earnings Quality
10100th %ile
VS Sector Median (8.5)
Balance Sheet Stress
10100th %ile
VS Sector Median (8.5)
Competitive Position
10100th %ile
VS Sector Median (8.5)
Growth Sustainability
10100th %ile
VS Sector Median (8.5)

Deterioration Timeline

2026

Margin Compression

2026

Industrial Margin Stress

2026

Operating Leverage Stress

2026

Margin Compression

2026

Operating Leverage Stress

2026

Inventory Stress

2026

Margin Compression

2026

Operating Leverage Stress

2025

Industrial Margin Stress

2025

Operating Leverage Stress

2025

Inventory Stress

2025

Inventory Stress

2024

Revenue-Debt Divergence

Key Financials (INR Cr)

PeriodRevenueNet ProfitOCFDebt
FY20263,454183183309
FY20252,99523554206
FY20242,23117321610
FY20232,38718327010