Garware Synthetics Ltd

Garware Synth Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Garware Synthetics Ltd

₹ 10.0 0.00%
26 May - close price
garwaresyn.com BSE: 514400
About

Incorporated in 1958, Garware Synthetic Ltd
is in the business of manufacturing wide range of bristles made from Nylon.

Key Points

Business Overview:[1]
Company manufactures bristles made from Nylon 6, 66, 610, PBT, Polypropylene, which find application in various Brush Industries and are sold under "GARFLON" brand. Company recently developed nylon sutures which are used for medical purpose.

Website BSE
  • Market Cap ₹ 5.81 Cr.
  • Current Price ₹ 10.0
  • High / Low ₹ 15.8 / 6.95
  • Stock P/E
  • Book Value ₹ -4.46
  • Dividend Yield 0.00 %
  • ROCE 10.6 %
  • ROE %
  • Face Value ₹ 10.0
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Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 8.26% over past five years.
  • Earnings include an other income of Rs.0.49 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.

Peer comparison

Sector: Textiles Industry: Textiles - Products

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Quarterly Results

Figures in Rs. Crores

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
2.35 2.24 0.65 2.28 2.59 2.74 2.26 3.37 3.62 3.44 2.92 2.99 2.74
2.28 1.99 0.62 2.00 2.25 2.34 2.15 3.01 3.31 3.26 2.73 2.84 2.58
Operating Profit 0.07 0.25 0.03 0.28 0.34 0.40 0.11 0.36 0.31 0.18 0.19 0.15 0.16
OPM % 2.98% 11.16% 4.62% 12.28% 13.13% 14.60% 4.87% 10.68% 8.56% 5.23% 6.51% 5.02% 5.84%
0.00 0.48 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.44 0.00 0.03 0.02
Interest 0.04 0.00 0.07 0.06 0.08 0.21 0.05 0.11 0.10 0.32 0.09 0.08 0.10
Depreciation 0.01 0.01 0.01 0.01 0.01 0.00 0.01 0.01 0.02 0.23 0.13 0.12 0.11
Profit before tax 0.02 0.72 -0.05 0.21 0.25 0.19 0.05 0.24 0.19 0.07 -0.03 -0.02 -0.03
Tax % 0.00% 9.72% 0.00% 0.00% 0.00% 15.79% 0.00% 0.00% 0.00% 471.43% 0.00% 150.00% 0.00%
Net Profit 0.03 0.65 -0.05 0.21 0.26 0.16 0.06 0.24 0.19 -0.25 -0.03 0.00 -0.03
EPS in Rs 0.05 1.12 -0.09 0.36 0.45 0.28 0.10 0.41 0.33 -0.43 -0.05 0.00 -0.05
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
5.44 7.64 7.37 7.43 8.10 7.90 8.54 9.60 10.64 9.11 8.27 12.70 12.09
5.31 7.32 7.29 7.86 8.22 7.81 8.11 9.10 10.61 8.81 7.21 11.73 11.41
Operating Profit 0.13 0.32 0.08 -0.43 -0.12 0.09 0.43 0.50 0.03 0.30 1.06 0.97 0.68
OPM % 2.39% 4.19% 1.09% -5.79% -1.48% 1.14% 5.04% 5.21% 0.28% 3.29% 12.82% 7.64% 5.62%
0.20 -0.31 0.39 0.51 0.79 0.29 0.28 0.00 -1.18 0.00 0.00 0.44 0.49
Interest 0.00 0.00 0.02 0.00 0.16 0.14 0.16 0.09 0.20 0.09 0.43 0.59 0.59
Depreciation 0.05 0.05 0.05 0.05 0.02 0.02 0.02 0.02 0.03 0.03 0.02 0.26 0.59
Profit before tax 0.28 -0.04 0.40 0.03 0.49 0.22 0.53 0.39 -1.38 0.18 0.61 0.56 -0.01
Tax % 0.00% 450.00% 40.00% -200.00% -24.49% 27.27% 11.32% 10.26% 0.00% 38.89% 4.92% 58.93%
Net Profit 0.28 0.14 0.24 0.09 0.61 0.17 0.47 0.34 -1.37 0.11 0.58 0.23 -0.31
EPS in Rs 1.05 0.29 0.81 0.59 -2.36 0.19 1.00 0.40 -0.53
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: 5%
5 Years: 8%
3 Years: 6%
TTM: 1%
Compounded Profit Growth
10 Years: -14%
5 Years: -16%
3 Years: 9%
TTM: -114%
Stock Price CAGR
10 Years: %
5 Years: -2%
3 Years: 132%
1 Year: -29%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
5.55 5.55 5.55 5.55 5.81 5.81 5.81 5.81 5.81 5.81 5.81 5.81 5.81
Reserves -10.40 -7.76 -10.02 -9.94 -8.51 -8.34 -7.63 -7.28 -8.66 -8.55 -7.96 -8.37 -8.40
6.56 4.81 6.05 5.97 4.58 4.52 4.42 10.16 12.43 12.91 12.42 11.99 11.95
11.03 10.76 11.18 11.20 10.73 10.71 10.37 4.89 4.05 3.17 3.44 7.49 6.32
Total Liabilities 12.74 13.36 12.76 12.78 12.61 12.70 12.97 13.58 13.63 13.34 13.71 16.92 15.68
10.78 10.74 10.70 10.73 10.43 10.43 10.42 10.50 10.47 10.45 10.44 13.53 12.20
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 0.90 0.90 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1.06 1.72 2.06 2.05 2.18 2.27 2.55 3.08 3.16 2.89 3.27 3.39 3.48
Total Assets 12.74 13.36 12.76 12.78 12.61 12.70 12.97 13.58 13.63 13.34 13.71 16.92 15.68

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
0.07 -0.20 1.28 0.14 -0.04 0.14 0.26 0.25 -1.79 -0.52 0.41 1.33
0.00 -0.01 0.89 -0.03 0.05 -0.04 0.07 -0.06 0.00 0.00 -0.01 -0.64
-0.11 0.16 -2.15 -0.09 0.01 -0.20 -0.26 -0.05 1.81 0.43 -0.52 -0.60
Net Cash Flow -0.04 -0.05 0.02 0.02 0.01 -0.10 0.08 0.13 0.02 -0.09 -0.12 0.09

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 16.77 24.37 39.12 39.30 36.05 43.43 38.04 49.43 40.48 44.07 64.88 48.28
Inventory Days 43.14 50.61 67.62 59.95 61.08 71.96 96.49 83.69 68.89 82.49 101.66 52.43
Days Payable 286.47 37.57 248.49 232.20 207.83 234.95 238.30 137.14 121.47 142.42 166.53 115.56
Cash Conversion Cycle -226.56 37.40 -141.75 -132.96 -110.70 -119.56 -103.77 -4.02 -12.10 -15.85 0.01 -14.84
Working Capital Days -322.73 -117.53 -220.88 -222.05 -171.69 -170.03 -142.32 -69.58 -42.88 -26.04 -27.81 -41.67
ROCE % 30.16% 1.44% -27.22% 44.51% 7.24% 28.32% 8.50% 3.61% 2.73% 10.18% 10.56%

Shareholding Pattern

Numbers in percentages

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
45.78 45.78 45.78 45.78 45.78 45.78 45.78 45.78 45.78 45.78 45.78 45.78
0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
54.21 54.21 54.21 54.21 54.21 54.21 54.21 54.21 54.21 54.21 54.22 54.22

* 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.

Documents

Announcements

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