Currently there is a growing interest in the field of photosensitive benzoxazines synthesized from sustainable raw materials. An attempt has been made to synthesize nine structurally different benzoxazines through Mannich condensation reaction. The formation of the expected structure of the synthesized benzoxazine monomers were ascertained using spectroscopic methods. The ring-opening polymerization of benzoxazines was studied using DSC and found that THS-imp benzoxazine monomer exhibits the lowest value of curing temperature (Tp) of 179oC than the rest of the benzoxazine monomers. Thermal stability of polybenzoxazines were analyzed using thermogravimetric analyzer. Among the different polybenzoxazines studied, poly(THS-a) possesses the higher thermal stability with char yield of 53% than that of other benzoxazines. The band gap values of benzoxazines calculated from optical studies are ranged between 3.92-4.71 eV. The hydrophobic behavior of the polybenzoxazines assessed using the water contact angle obtained from goniometer for both neat polymer matrix and benzoxazine coated cotton fabric. Results from the water contact angle infer that the benzoxazines coated cotton fabric exhibited 152o, which shows the superhydrophobic behavior. The corrosion resistant properties of all the polybenzoxazines coated over MS specimen has been tested. Among them poly(THS-pfsa) and poly(THS-imp) have higher Icorr value and corrosion inhibition efficiency of 99%. Data obtained from different studies indicate that the benzoxazines developed from sustainable stilbene can be utilized in the form of coatings, adhesives, sealants, and matrices for composites for wide range of industrial and engineering applications, where high thermal stability and are required.