Shree Rajasthan Syntex Ltd

Shree Rajasthan Syntex Ltd

₹ 7.35 0.00%
27 May - close price
About

Incorporated in 1979, Shree Rajasthan Syntex Ltd manufactures and markets synthetic blended yarn, cotton yarn and polypropylene multi filament yarn.

Key Points

Product Profile:
a) Fiber Dyed:[1] Polyester–Viscose Blends, Acrylic Blends, 100% Polyester, 100% Viscose, Regenerated 100% Polyester.
b) Raw White:[2] Polyester -Viscose Blends, 100% Polyester, 100% Viscose, Micro Danier Soft/Supersoft Yarns, Low Shrinkage Automotive, Regenerated 100% Polyester, Slub/Flame 100% Polyester/PV Blends
c) Cotton Yarn:[3] Karded Cotton for Terry Towel Applications
d) Polypropylene Multifilament Yarn:[4] Bulk Continuous Filament, Fully Drawn Yarn, Partially Oriented Yarn a capacity
e) Power Generation[5]

  • Market Cap 10.1 Cr.
  • Current Price 7.35
  • High / Low 7.35 / 2.99
  • Stock P/E
  • Book Value 9.65
  • Dividend Yield 0.00 %
  • ROCE 26.4 %
  • ROE %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.76 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -31.8% over past five years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.124 Cr.

* 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.

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
12 10 14 14 12 14 13 12 12 11 8 5 2
12 10 16 15 14 14 13 12 15 11 9 6 7
Operating Profit -0 -0 -2 -1 -2 0 0 -0 -2 -1 -1 -1 -6
OPM % -4% -1% -13% -8% -12% 0% 0% -4% -17% -6% -10% -27% -378%
1 0 0 0 0 0 0 0 1 -0 7 2 115
Interest 4 4 4 4 15 5 6 6 4 7 6 6 -18
Depreciation 1 1 1 1 1 1 1 1 17 1 1 0 1
Profit before tax -5 -5 -7 -7 -17 -6 -7 -8 -22 -8 -1 -6 127
Tax % 0% 0% 0% 0% 0% 0% 0% 0% -0% 0% 0% 0% 0%
-5 -5 -7 -7 -17 -6 -7 -8 -22 -8 -1 -6 127
EPS in Rs -3.50 -3.92 -5.23 -4.81 -12.63 -4.72 -5.09 -5.52 -16.25 -5.84 -0.69 -4.06 92.44
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Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
284 287 297 258 255 226 172 69 37 51 52 25
263 263 280 243 238 223 184 73 40 55 54 34
Operating Profit 22 24 17 15 17 3 -12 -4 -3 -5 -3 -9
OPM % 8% 8% 6% 6% 7% 1% -7% -6% -9% -9% -5% -34%
5 2 5 3 3 8 13 1 2 0 1 124
Interest 16 16 17 16 16 14 16 15 18 28 21 2
Depreciation 10 9 8 5 5 5 4 4 4 4 20 2
Profit before tax 0 1 -3 -3 -1 -9 -20 -22 -24 -36 -43 112
Tax % 93% 19% 55% 23% 30% 34% 10% -1% 0% 0% -0% 0%
0 1 -1 -2 -1 -6 -18 -22 -24 -36 -43 112
EPS in Rs 0.02 0.49 -1.14 -1.69 -0.65 -4.18 -12.94 -15.84 -17.62 -26.59 -31.60 81.85
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -22%
5 Years: -32%
3 Years: -12%
TTM: -51%
Compounded Profit Growth
10 Years: %
5 Years: 15%
3 Years: 26%
TTM: 100%
Stock Price CAGR
10 Years: -3%
5 Years: -6%
3 Years: 24%
1 Year: 133%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 12 12 12 12 13 14 14 14 14 14 14 28
Reserves 24 25 22 20 19 14 -4 -24 -48 -84 -128 -15
Preference Capital 0 0 0 0 0 2 2 2 2 3 3
124 126 116 105 104 95 90 98 86 87 92 15
39 50 55 63 64 62 67 65 79 106 122 21
Total Liabilities 199 214 206 200 200 185 167 152 131 122 100 49
105 107 102 94 88 83 77 73 69 64 45 19
CWIP 2 4 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
92 103 103 106 112 102 90 80 62 58 55 30
Total Assets 199 214 206 200 200 185 167 152 131 122 100 49

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
16 25 24 20 13 5 11 -7 -2 1 1 55
10 -13 2 5 2 2 14 1 1 0 0 9
-27 -12 -26 -26 -15 -7 -12 6 -12 -1 -1 -63
Net Cash Flow -1 -0 0 -1 -0 0 13 0 -14 -1 -0 1

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 23 19 18 16 10 16 6 6 9 8 8 5
Inventory Days 71 88 84 100 128 61 33 48 83 56 42 29
Days Payable 46 68 77 106 120 97 120 266 623 460 479 388
Cash Conversion Cycle 48 39 24 10 19 -20 -81 -212 -531 -395 -428 -355
Working Capital Days 56 54 49 45 49 60 -23 -128 -643 -655 -794 -237
ROCE % 9% 10% 7% 8% 10% 4% -13% -7% -8% -24%

Shareholding Pattern

Numbers in percentages

7 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
47.40% 47.40% 47.40% 47.40% 47.40% 47.40% 47.40% 47.40% 47.40% 47.40% 47.40% 47.40%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
52.57% 52.57% 52.57% 52.57% 52.57% 52.58% 52.57% 52.58% 52.58% 52.57% 52.56% 52.57%
No. of Shareholders 7,6737,6437,6547,6367,6327,6327,6307,6207,5777,5587,5237,488

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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