Premier Synthetics Ltd
- Market Cap ₹ 9.64 Cr.
- Current Price ₹ 21.0
- High / Low ₹ 30.0 / 12.8
- Stock P/E
- Book Value ₹ 56.2
- Dividend Yield 0.00 %
- ROCE -2.78 %
- ROE -7.88 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.37 times its book value
- Debtor days have improved from 42.0 to 20.6 days.
- Promoter holding has increased by 51.9% over last quarter.
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -0.28% 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 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
18.31 | 22.36 | 16.17 | 13.97 | 9.59 | 46.34 | 46.36 | 42.92 | 24.36 | 58.32 | 52.68 | 52.74 | |
14.28 | 17.24 | 11.95 | 10.56 | 7.30 | 45.31 | 44.48 | 42.16 | 22.27 | 55.44 | 51.96 | 54.58 | |
Operating Profit | 4.03 | 5.12 | 4.22 | 3.41 | 2.29 | 1.03 | 1.88 | 0.76 | 2.09 | 2.88 | 0.72 | -1.84 |
OPM % | 22.01% | 22.90% | 26.10% | 24.41% | 23.88% | 2.22% | 4.06% | 1.77% | 8.58% | 4.94% | 1.37% | -3.49% |
10.56 | -0.19 | -0.51 | -0.45 | 0.00 | 0.90 | 0.91 | 0.18 | 0.24 | 0.76 | 1.42 | 0.97 | |
Interest | 0.45 | 1.73 | 1.00 | 0.04 | 0.01 | 0.13 | 0.08 | 0.11 | 0.02 | 0.28 | 0.46 | 0.40 |
Depreciation | 2.64 | 2.55 | 2.56 | 2.55 | 1.70 | 0.64 | 0.64 | 0.73 | 0.73 | 0.77 | 0.77 | 0.50 |
Profit before tax | 11.50 | 0.65 | 0.15 | 0.37 | 0.58 | 1.16 | 2.07 | 0.10 | 1.58 | 2.59 | 0.91 | -1.77 |
Tax % | -1.57% | -306.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.09% | 96.70% | 24.86% |
11.68 | 2.64 | 0.15 | 0.36 | 0.58 | 1.16 | 2.07 | 0.11 | 1.59 | 2.50 | 0.02 | -2.21 | |
EPS in Rs | 32.06 | 7.25 | 0.41 | 0.99 | 1.59 | 2.53 | 4.51 | 0.24 | 3.46 | 5.44 | 0.04 | -4.81 |
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: | 9% |
5 Years: | 3% |
3 Years: | 29% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -610% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 6% |
3 Years: | -12% |
1 Year: | 38% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 1% |
3 Years: | 0% |
Last Year: | -8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 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 | -8.66 | 8.98 | 1.26 | 1.15 | 1.72 | 19.70 | 21.74 | 26.59 | 28.00 | 30.32 | 23.66 | 21.23 |
44.58 | 29.12 | 31.02 | 10.90 | 13.38 | 17.12 | 19.38 | 9.10 | 9.37 | 13.73 | 10.48 | 6.57 | |
8.80 | 13.26 | 8.90 | 18.84 | 19.48 | 2.94 | 2.29 | 1.86 | 1.07 | 1.31 | 3.41 | 2.61 | |
Total Liabilities | 48.36 | 55.00 | 44.82 | 34.53 | 38.22 | 44.35 | 48.00 | 42.14 | 43.03 | 49.95 | 42.14 | 35.00 |
24.11 | 36.41 | 28.94 | 26.40 | 24.71 | 24.81 | 24.87 | 24.08 | 24.10 | 23.57 | 19.56 | 16.70 | |
CWIP | 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 | 5.45 | 3.75 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
18.78 | 13.14 | 12.12 | 8.13 | 13.28 | 19.54 | 23.13 | 18.06 | 18.93 | 26.38 | 22.58 | 18.30 | |
Total Assets | 48.36 | 55.00 | 44.82 | 34.53 | 38.22 | 44.35 | 48.00 | 42.14 | 43.03 | 49.95 | 42.14 | 35.00 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.68 | 0.00 | 4.86 | 8.34 | -1.37 | -5.12 | -1.18 | 3.88 | 0.97 | -2.34 | 2.16 | 3.28 | |
16.51 | 0.00 | 6.06 | 3.20 | -0.24 | -1.12 | -1.09 | -0.07 | -0.80 | -0.58 | -0.01 | 1.06 | |
-18.21 | 0.00 | -10.93 | -11.55 | 1.82 | 6.12 | 2.20 | -3.80 | 0.17 | 4.19 | -3.77 | -4.32 | |
Net Cash Flow | -0.02 | 0.00 | -0.01 | -0.01 | 0.21 | -0.12 | -0.07 | 0.01 | 0.34 | 1.27 | -1.61 | 0.02 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 242.40 | 70.19 | 113.77 | 1.05 | 35.78 | 55.21 | 88.26 | 79.51 | 103.84 | 50.32 | 55.01 | 20.62 |
Inventory Days | 128.79 | 120.00 | 2,860.41 | 47.94 | 43.18 | 36.70 | 98.11 | 51.59 | 65.11 | 52.14 | ||
Days Payable | 104.84 | 340.00 | 1,892.04 | 19.47 | 17.31 | 14.41 | 19.44 | 9.03 | 8.33 | 3.17 | ||
Cash Conversion Cycle | 242.40 | 94.14 | -106.23 | 1.05 | 1,004.14 | 83.69 | 114.13 | 101.80 | 182.51 | 92.88 | 111.79 | 69.59 |
Working Capital Days | 181.80 | 91.74 | -288.70 | -16.72 | 135.11 | 83.89 | 113.77 | 97.97 | 194.94 | 118.85 | 124.99 | 102.77 |
ROCE % | 3.25% | 6.57% | 4.38% | 3.68% | 3.43% | 4.29% | 4.04% | 0.19% | 3.77% | 5.58% | 0.39% | -2.78% |
Documents
Announcements
- Submission Of The Statement Of Deviation Pursuant To Reg.32(1) Of SEBI (LODR) Regulations, 2015 For The Quarter Ended On 30.06.2024 9 Jul
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Jul - With ref. to the subject mentioned above, we are submitting herewith the confirmation certificate from our Registrar & Transfer Agent M/s. Skyline Financial Services Private …
- Announcement Made For Authorisation To KMP For The Disclosure Of Event Or Information By The Board Under Regulation 30(5) Of SEBI (LODR) Regulations, 2015. 27 Jun
- Closure of Trading Window 20 Jun
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Newspaper cuttings of published Audited Financial Results of the Company published today i.e.29/05/2024 in the following newspapers: 1) Free press gujarat (English Newspaper) on 29/05/2024, …
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