Yarn Syndicate Ltd

Yarn Syndicate Ltd

₹ 23.4 -4.42%
28 Mar - close price
About

Incorporated in 1946, Yarn Syndicate
Limited is engaged in trading and export
of yarns.

Key Points

Business Overview:[1][2]
Company is a government recognized Star Trading House, merchant exporter and trader of various types of yarn, raw cotton and fabrics. During last few years, company diversified its business portfolio from export of yarn to trading in domestic market in various kinds of fabrics. Though company has not done any export business for several years but is on the look out for favorable export deals.

  • Market Cap 22.7 Cr.
  • Current Price 23.4
  • High / Low 41.5 / 20.1
  • Stock P/E 227
  • Book Value -0.20
  • Dividend Yield 0.00 %
  • ROCE -127 %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Promoter holding has decreased over last quarter: -28.3%
  • Promoter holding is low: 6.73%

* 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: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.48 0.95
0.04 0.06 0.07 0.03 0.03 0.06 0.07 0.03 0.04 0.05 0.06 0.48 0.79
Operating Profit -0.04 -0.06 -0.07 -0.03 -0.03 -0.06 -0.07 -0.03 -0.04 -0.05 -0.06 0.00 0.16
OPM % 0.00% 16.84%
0.00 0.00 0.00 0.15 0.15 0.30 0.00 0.00 0.00 0.03 0.00 0.04 0.02
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.04 -0.06 -0.07 0.12 0.12 0.24 -0.07 -0.03 -0.04 -0.02 -0.06 0.04 0.18
Tax % 0.00% -266.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 22.22%
-0.04 -0.22 -0.07 0.12 0.12 0.24 -0.07 -0.03 -0.04 -0.02 -0.06 0.04 0.14
EPS in Rs -0.02 -0.10 -0.03 0.06 0.06 0.11 -0.03 -0.01 -0.02 -0.01 -0.03 0.02 0.06
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
6.18 1.78 3.04 0.01 0.03 8.30 2.73 3.65 0.00 0.00 0.00 0.00 1.43
7.32 2.90 4.26 1.48 0.89 8.16 4.15 3.53 1.44 0.19 0.20 0.19 1.38
Operating Profit -1.14 -1.12 -1.22 -1.47 -0.86 0.14 -1.42 0.12 -1.44 -0.19 -0.20 -0.19 0.05
OPM % -18.45% -62.92% -40.13% -14,700.00% -2,866.67% 1.69% -52.01% 3.29% 3.50%
0.48 0.40 1.96 0.06 -2.68 0.02 4.50 0.60 0.00 0.00 0.60 0.03 0.09
Interest 0.41 0.30 0.09 0.08 0.11 0.07 0.04 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.40 0.42 0.32 0.26 0.21 0.08 0.08 0.07 0.02 0.00 0.00 0.00 0.00
Profit before tax -1.47 -1.44 0.33 -1.75 -3.86 0.01 2.96 0.65 -1.46 -0.19 0.40 -0.16 0.14
Tax % 1.36% 0.00% -9.09% 2.29% 22.02% 100.00% 26.01% 78.46% 7.53% -84.21% 0.00% 0.00%
-1.45 -1.44 0.36 -1.71 -3.01 0.00 2.20 0.14 -1.34 -0.35 0.40 -0.16 0.10
EPS in Rs -0.67 -0.66 0.17 -0.78 -1.38 0.00 1.01 0.06 -0.61 -0.16 0.18 -0.07 0.04
Dividend Payout % 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: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: 6%
5 Years: 12%
3 Years: 23%
TTM: -148%
Stock Price CAGR
10 Years: 37%
5 Years: 44%
3 Years: 130%
1 Year: -33%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

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 3.75 3.75 3.75 3.75 3.75 3.75 3.75 3.75 3.75 3.75 3.75 3.75 3.75
Reserves 0.74 -0.69 -0.33 -2.05 -5.06 -5.06 -2.86 -2.72 -4.07 -4.41 -4.01 -4.17 -4.19
2.70 2.27 2.13 2.91 3.56 3.92 1.31 0.75 0.78 0.86 0.55 0.43 0.58
0.86 0.73 0.73 0.72 0.73 4.95 0.14 0.19 0.14 0.16 0.16 0.17 0.64
Total Liabilities 8.05 6.06 6.28 5.33 2.98 7.56 2.34 1.97 0.60 0.36 0.45 0.18 0.78
1.53 1.56 1.25 0.92 0.71 0.54 0.16 0.09 0.07 0.07 0.07 0.06 0.06
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.15 0.00 0.00 0.00 0.00 0.00 0.00
6.52 4.50 5.03 4.41 2.27 7.02 2.03 1.88 0.53 0.29 0.38 0.12 0.72
Total Assets 8.05 6.06 6.28 5.33 2.98 7.56 2.34 1.97 0.60 0.36 0.45 0.18 0.78

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.88 0.02 -1.16 -0.86 -0.96 -0.04 -3.81 0.33 -0.04 -0.09 0.29 0.12
-0.64 -0.39 1.60 0.05 0.23 0.15 4.39 0.19 0.00 0.00 0.02 0.04
-0.43 -1.08 -0.23 0.72 0.57 0.30 -0.91 -0.56 0.02 0.08 -0.31 -0.12
Net Cash Flow -0.19 -1.45 0.21 -0.09 -0.16 0.42 -0.33 -0.04 -0.02 0.00 -0.01 0.04

Ratios

Figures in Rs. Crores

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 0.00 22.56 24.01 0.00 0.00 189.98 0.00 73.00
Inventory Days 16.12 0.00 0.00 0.00 0.00 0.48 0.00 0.00
Days Payable 0.73 197.13
Cash Conversion Cycle 15.39 22.56 24.01 0.00 0.00 -6.67 0.00 73.00
Working Capital Days 53.75 28.71 -8.40 -28,105.00 -13,140.00 -45.30 164.45 150.00
ROCE % -13.60% -18.05% -23.35% -32.87% -29.45% 4.12% -29.11% 32.66% -130.36% -57.58% 163.27% -126.67%

Shareholding Pattern

Numbers in percentages

34 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Feb 2024
67.69% 67.69% 67.69% 67.69% 67.69% 67.68% 58.88% 35.11% 35.09% 35.03% 35.03% 6.73%
0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.00% 0.00%
0.60% 0.60% 0.60% 0.60% 0.60% 0.60% 0.60% 0.60% 0.60% 0.60% 0.55% 0.10%
31.65% 31.65% 31.65% 31.65% 31.65% 31.64% 40.45% 64.22% 64.23% 64.31% 64.42% 93.17%
No. of Shareholders 3,7313,7433,8143,7913,7934,0934,0273,9723,9084,7664,8195,065

* 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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