Suncity Synthetics Ltd
₹ 17.5
4.97%
30 Jul
- close price
About
Incorporated in 1988, Suncity Synthetics Ltd manufactures Polyester staple fibre and nylon granules.[1]
Key Points
- Market Cap ₹ 8.67 Cr.
- Current Price ₹ 17.5
- High / Low ₹ 48.9 / 13.3
- Stock P/E
- Book Value ₹ -0.97
- Dividend Yield 0.00 %
- ROCE -21.4 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 52.1 to 21.8 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -39.8% over past five years.
- Company might be capitalizing the interest cost
- Company's cost of borrowing seems high
* 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
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
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Quarterly Results
Figures in Rs. Crores
Upcoming result date: 7 August 2025
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 37.86 | 44.47 | 33.23 | 37.67 | 37.49 | 45.99 | 14.86 | 4.68 | 7.61 | 4.63 | 2.00 | 1.17 | |
| 34.85 | 41.13 | 31.24 | 34.00 | 34.01 | 42.74 | 15.97 | 7.70 | 6.71 | 4.47 | 1.95 | 1.56 | |
| Operating Profit | 3.01 | 3.34 | 1.99 | 3.67 | 3.48 | 3.25 | -1.11 | -3.02 | 0.90 | 0.16 | 0.05 | -0.39 |
| OPM % | 7.95% | 7.51% | 5.99% | 9.74% | 9.28% | 7.07% | -7.47% | -64.53% | 11.83% | 3.46% | 2.50% | -33.33% |
| 0.04 | 0.05 | 0.06 | 0.05 | 0.11 | 0.03 | 0.03 | 1.36 | 0.55 | 0.38 | 0.48 | -0.10 | |
| Interest | 1.35 | 1.80 | 1.77 | 1.70 | 1.55 | 1.24 | 1.11 | 0.83 | 0.54 | 0.27 | 0.22 | 0.02 |
| Depreciation | 1.18 | 2.03 | 1.98 | 1.97 | 2.01 | 1.88 | 1.81 | 1.55 | 0.74 | 0.33 | 0.22 | 0.08 |
| Profit before tax | 0.52 | -0.44 | -1.70 | 0.05 | 0.03 | 0.16 | -4.00 | -4.04 | 0.17 | -0.06 | 0.09 | -0.59 |
| Tax % | 53.85% | -95.45% | -30.59% | -160.00% | 200.00% | 68.75% | 3.00% | -3.96% | -64.71% | 116.67% | -44.44% | -5.08% |
| 0.23 | -0.02 | -1.18 | 0.13 | -0.03 | 0.05 | -4.12 | -3.88 | 0.28 | -0.12 | 0.13 | -0.56 | |
| EPS in Rs | 0.47 | -0.04 | -2.39 | 0.26 | -0.06 | 0.10 | -8.33 | -7.85 | 0.57 | -0.24 | 0.26 | -1.13 |
| 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: | -31% |
| 5 Years: | -40% |
| 3 Years: | -46% |
| TTM: | -42% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | -35% |
| TTM: | -137% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 34% |
| 3 Years: | 36% |
| 1 Year: | -58% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 |
| Reserves | 4.87 | 3.93 | 2.75 | 2.88 | 2.84 | 2.85 | -1.27 | -5.15 | -4.87 | -4.99 | -4.86 | -5.43 |
| 13.06 | 14.50 | 15.07 | 14.80 | 14.44 | 11.28 | 12.50 | 9.41 | 5.09 | 4.75 | 4.64 | 0.05 | |
| 2.67 | 2.46 | 2.08 | 3.15 | 5.02 | 4.29 | 2.00 | 1.20 | 1.37 | 0.67 | 0.81 | 2.52 | |
| Total Liabilities | 25.55 | 25.84 | 24.85 | 25.78 | 27.25 | 23.37 | 18.18 | 10.41 | 6.54 | 5.38 | 5.54 | 2.09 |
| 15.81 | 15.64 | 14.14 | 12.71 | 11.24 | 9.77 | 7.95 | 5.80 | 3.32 | 2.99 | 2.53 | 0.45 | |
| 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 |
| Investments | 0.10 | 0.10 | 0.10 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 |
| 9.64 | 10.10 | 10.61 | 13.04 | 15.98 | 13.57 | 10.20 | 4.58 | 3.19 | 2.36 | 2.99 | 1.62 | |
| Total Assets | 25.55 | 25.84 | 24.85 | 25.78 | 27.25 | 23.37 | 18.18 | 10.41 | 6.54 | 5.38 | 5.54 | 2.09 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1.15 | 2.86 | 1.34 | 2.01 | 2.23 | 4.03 | -0.73 | 2.29 | 2.45 | 0.66 | -0.34 | 2.70 | |
| -0.46 | -2.74 | -0.19 | -0.09 | -0.29 | -0.33 | -0.01 | 1.95 | 2.51 | 0.03 | 0.48 | 1.90 | |
| 1.82 | -0.34 | -1.11 | -2.03 | -1.90 | -3.77 | 0.69 | -4.24 | -4.85 | -0.61 | -0.33 | -4.62 | |
| Net Cash Flow | 0.21 | -0.23 | 0.04 | -0.11 | 0.04 | -0.07 | -0.04 | 0.00 | 0.11 | 0.08 | -0.19 | -0.02 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 20.05 | 27.25 | 24.71 | 19.57 | 33.39 | 21.35 | 11.79 | 23.40 | 25.42 | -7.88 | 142.35 | 21.84 |
| Inventory Days | 72.83 | 55.83 | 104.10 | 136.99 | 174.81 | 113.61 | 316.31 | 201.30 | 142.52 | 204.45 | 441.99 | 351.85 |
| Days Payable | 11.04 | 12.51 | 16.52 | 25.62 | 39.44 | 17.45 | 31.28 | 33.73 | 65.35 | 28.88 | 76.99 | 0.00 |
| Cash Conversion Cycle | 81.85 | 70.57 | 112.29 | 130.94 | 168.77 | 117.51 | 296.82 | 190.97 | 102.59 | 167.69 | 507.35 | 373.68 |
| Working Capital Days | 2.31 | -6.81 | -24.38 | -18.31 | -11.68 | -7.38 | -56.74 | -169.24 | -48.44 | -98.54 | -23.72 | -396.20 |
| ROCE % | 8.83% | 5.88% | 0.30% | 7.71% | 7.18% | 6.78% | -16.45% | -35.84% | 2.36% | 4.25% | -0.21% | -21.40% |
Documents
Announcements
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37Th ANNUAL GENERAL MEETING OUTCOME AND PROCEEDINGS
1d - 37th AGM held; approved financials, director reappointment, secretarial auditor, and capital reduction.
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Shareholder Meeting / Postal Ballot-Outcome of AGM
1d - 37th AGM held; financials adopted; director reappointed; special resolution for capital reduction passed.
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Board Meeting Intimation for BOARD MEETING DATED 07/08/2025
2d - Board meeting on 7 Aug 2025 to approve Q1 unaudited financial results.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Jul - ENCLOSED HEREWITH NEWSPAPER ADVT FOR CORRIGENDUM FOR THE 37th AGM TO BE HELD ON 2nd AUGUST, 2025
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Jul - ENCLSOED HEREWITH CERTIFICATE RECEIBVED FROM RTA FOR THE QUARTER ENDED 30TH JUNE 2025
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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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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History:[1]
SSL’s promoters began with yarn manufacturing before shifting to nylon chip production. Until FY13, the company produced nylon granules—used in composite applications with reinforcing fibres like glass and carbon—known for their heat resistance and suitability as metal alternatives in technical textiles. SSL was among the first in India to manufacture nylon double chips using German technology. In April 2013, it started producing polyester staple fibre (PSF) and later diversified into nylon staple fibre (NSF) for technical textiles and automotive use. However, due to weak demand and high competition, the company shifted entirely to PSF production from FY17. SSL is ISO 9001:2000 and ISO 14001 certified.