Premier Synthetics Ltd
- Market Cap ₹ 7.10 Cr.
- Current Price ₹ 15.5
- High / Low ₹ 30.0 / 12.6
- Stock P/E
- Book Value ₹ 61.2
- Dividend Yield 0.00 %
- ROCE 0.39 %
- ROE -0.95 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.25 times its book value
- Debtor days have improved from 69.7 to 55.0 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 2.60% over past five years.
- Company has a low return on equity of 3.51% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Textiles Industry: Textiles - Cotton/Blended
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
14.31 | 18.31 | 22.36 | 16.17 | 13.97 | 9.59 | 46.34 | 46.36 | 42.92 | 24.36 | 58.32 | 52.68 | 57.23 | |
16.19 | 14.28 | 17.24 | 11.95 | 10.56 | 7.30 | 45.31 | 44.48 | 42.16 | 22.27 | 55.44 | 51.96 | 57.81 | |
Operating Profit | -1.88 | 4.03 | 5.12 | 4.22 | 3.41 | 2.29 | 1.03 | 1.88 | 0.76 | 2.09 | 2.88 | 0.72 | -0.58 |
OPM % | -13.14% | 22.01% | 22.90% | 26.10% | 24.41% | 23.88% | 2.22% | 4.06% | 1.77% | 8.58% | 4.94% | 1.37% | -1.01% |
7.97 | 10.56 | -0.19 | -0.51 | -0.45 | 0.00 | 0.90 | 0.91 | 0.18 | 0.24 | 0.76 | 1.42 | 2.05 | |
Interest | 1.41 | 0.45 | 1.73 | 1.00 | 0.04 | 0.01 | 0.13 | 0.08 | 0.11 | 0.02 | 0.28 | 0.46 | 0.48 |
Depreciation | 2.91 | 2.64 | 2.55 | 2.56 | 2.55 | 1.70 | 0.64 | 0.64 | 0.73 | 0.73 | 0.77 | 0.77 | 0.61 |
Profit before tax | 1.77 | 11.50 | 0.65 | 0.15 | 0.37 | 0.58 | 1.16 | 2.07 | 0.10 | 1.58 | 2.59 | 0.91 | 0.38 |
Tax % | 0.00% | -1.57% | -306.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.09% | 96.70% | |
1.77 | 11.68 | 2.64 | 0.15 | 0.36 | 0.58 | 1.16 | 2.07 | 0.11 | 1.59 | 2.50 | 0.02 | -0.52 | |
EPS in Rs | 4.86 | 32.06 | 7.25 | 0.41 | 0.99 | 1.59 | 2.53 | 4.51 | 0.24 | 3.46 | 5.44 | 0.04 | -1.13 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 3% |
3 Years: | 7% |
TTM: | -2% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -1446% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 14% |
3 Years: | 2% |
1 Year: | 16% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 3% |
3 Years: | 4% |
Last Year: | -1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3.64 | 3.64 | 3.64 | 3.64 | 3.64 | 3.64 | 4.59 | 4.59 | 4.59 | 4.59 | 4.59 | 4.59 | 4.59 |
Reserves | -8.82 | -8.66 | 8.98 | 1.26 | 1.15 | 1.72 | 19.70 | 21.74 | 26.59 | 28.00 | 30.32 | 23.66 | 23.50 |
Preference Capital | 9.50 | 9.50 | 9.50 | 9.50 | 9.50 | 0.00 | 9.50 | 9.50 | 2.62 | 2.85 | 3.11 | 3.39 | |
45.38 | 35.08 | 19.62 | 21.52 | 1.40 | 13.38 | 7.62 | 9.88 | 6.48 | 6.52 | 10.62 | 7.09 | 11.51 | |
23.64 | 18.30 | 22.76 | 18.40 | 28.34 | 19.48 | 12.44 | 11.79 | 4.48 | 3.92 | 4.42 | 6.80 | 3.95 | |
Total Liabilities | 63.84 | 48.36 | 55.00 | 44.82 | 34.53 | 38.22 | 44.35 | 48.00 | 42.14 | 43.03 | 49.95 | 42.14 | 43.55 |
27.30 | 24.11 | 36.41 | 28.94 | 26.40 | 24.71 | 24.81 | 24.87 | 24.08 | 24.10 | 23.57 | 19.56 | 19.84 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.23 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 5.47 | 5.47 | 5.45 | 3.75 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
31.07 | 18.78 | 13.14 | 12.12 | 8.13 | 13.28 | 19.54 | 23.13 | 18.06 | 18.93 | 26.38 | 22.58 | 23.71 | |
Total Assets | 63.84 | 48.36 | 55.00 | 44.82 | 34.53 | 38.22 | 44.35 | 48.00 | 42.14 | 43.03 | 49.95 | 42.14 | 43.55 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-2.52 | 1.68 | 0.00 | 4.86 | 8.34 | -1.37 | -5.12 | -1.18 | 3.88 | 0.97 | -2.34 | 2.16 | |
-2.16 | 16.51 | 0.00 | 6.06 | 3.20 | -0.24 | -1.12 | -1.09 | -0.07 | -0.80 | -0.58 | -0.01 | |
4.53 | -18.21 | 0.00 | -10.93 | -11.55 | 1.82 | 6.12 | 2.20 | -3.80 | 0.17 | 4.19 | -3.77 | |
Net Cash Flow | -0.15 | -0.02 | 0.00 | -0.01 | -0.01 | 0.21 | -0.12 | -0.07 | 0.01 | 0.34 | 1.27 | -1.61 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 487.43 | 242.40 | 70.19 | 113.77 | 1.05 | 35.78 | 55.21 | 88.26 | 79.51 | 103.84 | 50.32 | 55.01 |
Inventory Days | 128.79 | 120.00 | 2,860.41 | 47.94 | 43.18 | 36.70 | 98.11 | 51.59 | 65.11 | |||
Days Payable | 104.84 | 340.00 | 1,892.04 | 19.47 | 17.31 | 14.41 | 19.44 | 9.03 | 8.33 | |||
Cash Conversion Cycle | 487.43 | 242.40 | 94.14 | -106.23 | 1.05 | 1,004.14 | 83.69 | 114.13 | 101.80 | 182.51 | 92.88 | 111.79 |
Working Capital Days | 315.77 | 181.80 | 91.74 | -288.70 | -16.72 | 135.11 | 83.89 | 113.77 | 97.97 | 194.94 | 118.85 | 124.99 |
ROCE % | -1.04% | 3.25% | 6.57% | 4.38% | 3.68% | 3.43% | 4.29% | 4.04% | 0.19% | 3.77% | 5.58% | 0.39% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 May - Reg.47 of SEBI (LODR) Regulaitons, 2015, please find enclosed copies of newspaper advertisement for the Board Meeting to be held on 28th May, 2024. Please …
- Corporate Action-Board to consider Dividend 15 May
- Board Meeting Intimation for Intimation Of Board Meeting To Be Held On Tuesday, 28Th May, 2024 15 May
- Submission Of The Statement Of Deviation Pursuant To Reg.32(1) Of SEBI (LODR) Regulations, 2015 For The Quarter Ended On 31St March, 2024 4 May
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 1 May
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1][2]
Company has spinning plant for manufacturing coarse count cotton yarn from raw material consisting cotton and cotton waste. The end use of such cotton yarn is in denim industries and towel industries. Company follows order-based production policy wherein 50-60% of the goods are produced against orders which minimizes inventory risk