Garware Synthetics Ltd
₹ 15.4
-1.97%
06 Dec
- close price
About
Incorporated in 1958, Garware Synthetic Ltd
is in the business of manufacturing wide range of bristles made from Nylon.
Key Points
- Market Cap ₹ 8.97 Cr.
- Current Price ₹ 15.4
- High / Low ₹ 18.4 / 6.95
- Stock P/E 59.8
- Book Value ₹ -3.77
- Dividend Yield 0.00 %
- ROCE 4.81 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 3.50% over past five years.
* 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
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
7.64 | 7.37 | 7.43 | 8.10 | 7.90 | 8.54 | 9.60 | 10.64 | 9.11 | 8.27 | 12.70 | 11.40 | 10.85 | |
7.32 | 7.29 | 7.86 | 8.22 | 7.81 | 8.11 | 9.10 | 10.61 | 8.81 | 7.21 | 11.73 | 10.55 | 10.31 | |
Operating Profit | 0.32 | 0.08 | -0.43 | -0.12 | 0.09 | 0.43 | 0.50 | 0.03 | 0.30 | 1.06 | 0.97 | 0.85 | 0.54 |
OPM % | 4.19% | 1.09% | -5.79% | -1.48% | 1.14% | 5.04% | 5.21% | 0.28% | 3.29% | 12.82% | 7.64% | 7.46% | 4.98% |
-0.31 | 0.39 | 0.51 | 0.79 | 0.29 | 0.28 | 0.00 | -1.18 | 0.00 | 0.00 | 0.44 | 0.30 | 0.57 | |
Interest | 0.00 | 0.02 | 0.00 | 0.16 | 0.14 | 0.16 | 0.09 | 0.20 | 0.09 | 0.43 | 0.59 | 0.33 | 0.42 |
Depreciation | 0.05 | 0.05 | 0.05 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.02 | 0.26 | 0.47 | 0.44 |
Profit before tax | -0.04 | 0.40 | 0.03 | 0.49 | 0.22 | 0.53 | 0.39 | -1.38 | 0.18 | 0.61 | 0.56 | 0.35 | 0.25 |
Tax % | 450.00% | 40.00% | -200.00% | -24.49% | 27.27% | 11.32% | 10.26% | 0.00% | 38.89% | 4.92% | 58.93% | -62.86% | |
0.14 | 0.24 | 0.09 | 0.61 | 0.17 | 0.47 | 0.34 | -1.37 | 0.11 | 0.58 | 0.23 | 0.58 | 0.37 | |
EPS in Rs | 1.05 | 0.29 | 0.81 | 0.59 | -2.36 | 0.19 | 1.00 | 0.40 | 1.00 | 0.64 | |||
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: | 4% |
5 Years: | 4% |
3 Years: | 8% |
TTM: | -16% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 54% |
TTM: | 15% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 37% |
3 Years: | 91% |
1 Year: | 40% |
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 | 5.55 | 5.55 | 5.55 | 5.81 | 5.81 | 5.81 | 5.81 | 5.81 | 5.81 | 5.81 | 5.81 | 5.81 | 5.81 |
Reserves | -7.76 | -10.02 | -9.94 | -8.51 | -8.34 | -7.63 | -7.28 | -8.66 | -8.55 | -7.96 | -8.37 | -7.78 | -8.00 |
4.81 | 6.05 | 5.97 | 4.58 | 4.52 | 4.42 | 10.16 | 12.43 | 12.91 | 12.42 | 11.99 | 11.68 | 11.58 | |
10.76 | 11.18 | 11.20 | 10.73 | 10.71 | 10.37 | 4.89 | 4.05 | 3.17 | 3.44 | 7.49 | 5.61 | 5.92 | |
Total Liabilities | 13.36 | 12.76 | 12.78 | 12.61 | 12.70 | 12.97 | 13.58 | 13.63 | 13.34 | 13.71 | 16.92 | 15.32 | 15.31 |
10.74 | 10.70 | 10.73 | 10.43 | 10.43 | 10.42 | 10.50 | 10.47 | 10.45 | 10.44 | 13.53 | 12.28 | 12.06 | |
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 | 0.90 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
1.72 | 2.06 | 2.05 | 2.18 | 2.27 | 2.55 | 3.08 | 3.16 | 2.89 | 3.27 | 3.39 | 3.04 | 3.25 | |
Total Assets | 13.36 | 12.76 | 12.78 | 12.61 | 12.70 | 12.97 | 13.58 | 13.63 | 13.34 | 13.71 | 16.92 | 15.32 | 15.31 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.20 | 1.28 | 0.14 | -0.04 | 0.14 | 0.26 | 0.25 | -1.79 | -0.52 | 0.41 | 1.33 | 0.57 | |
-0.01 | 0.89 | -0.03 | 0.05 | -0.04 | 0.07 | -0.06 | 0.00 | 0.00 | -0.01 | -0.64 | 0.00 | |
0.16 | -2.15 | -0.09 | 0.01 | -0.20 | -0.26 | -0.05 | 1.81 | 0.43 | -0.52 | -0.60 | -0.46 | |
Net Cash Flow | -0.05 | 0.02 | 0.02 | 0.01 | -0.10 | 0.08 | 0.13 | 0.02 | -0.09 | -0.12 | 0.09 | 0.11 |
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 | 24.37 | 39.12 | 39.30 | 36.05 | 43.43 | 38.04 | 49.43 | 40.48 | 44.07 | 64.88 | 48.28 | 47.07 |
Inventory Days | 50.61 | 67.62 | 59.95 | 61.08 | 71.96 | 96.49 | 83.69 | 68.89 | 82.49 | 101.66 | 52.43 | 49.52 |
Days Payable | 37.57 | 248.49 | 232.20 | 207.83 | 234.95 | 238.30 | 137.14 | 121.47 | 142.42 | 166.53 | 115.56 | 115.18 |
Cash Conversion Cycle | 37.40 | -141.75 | -132.96 | -110.70 | -119.56 | -103.77 | -4.02 | -12.10 | -15.85 | 0.01 | -14.84 | -18.59 |
Working Capital Days | -117.53 | -220.88 | -222.05 | -171.69 | -170.03 | -142.32 | -69.58 | -42.88 | -26.04 | -27.81 | -41.67 | -35.86 |
ROCE % | 30.16% | 1.44% | -27.22% | 44.51% | 7.24% | 28.32% | 8.50% | 3.61% | 2.73% | 10.18% | 10.56% | 4.81% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Nov - Submission of Newspaper Publication for Un- Audited Financials Results for the quarter & half year ended 30th September,2023.
- Submission Of Financial Result For Un- Audited Financial Result For Quarter & Half Year Ended 30.09.2023 8 Nov
- Board Meeting Outcome for Submission Of Outcome Of Board Meeting For Un-Audited Financial Results For The Quarter & Half Year Ended 30.09.2023 8 Nov
- Board Meeting Intimation for Submission Of Intimation Of Board Meeting Held On 8Th November,2023 . 30 Oct
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Oct - Submission of Reg 74(5) for the quarter & half year ended 30th September,2023.
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 2004
from bse
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.