Suncity Synthetics Ltd

₹ 11.0 4.07%
May 17 - close price
About

Suncity Synthetics is engaged in the business of Recycling of Plastic Waste, Man Made Fibre.

  • Market Cap 5.44 Cr.
  • Current Price 11.0
  • High / Low 17.5 / 3.10
  • Stock P/E
  • Book Value 0.16
  • Dividend Yield 0.00 %
  • ROCE 2.36 %
  • ROE %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 68.00 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -27.34% over past five 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 - Processing

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Quarterly Results

Figures in Rs. Crores

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
8.68 2.48 2.32 1.44 0.24 0.41 2.11 1.92 1.97 1.82 1.98 1.87
7.90 2.96 2.90 2.52 0.79 2.80 2.40 1.72 1.60 1.73 1.91 1.80
Operating Profit 0.78 -0.48 -0.58 -1.08 -0.55 -2.39 -0.29 0.20 0.37 0.09 0.07 0.07
OPM % 8.99% -19.35% -25.00% -75.00% -229.17% -582.93% -13.74% 10.42% 18.78% 4.95% 3.54% 3.74%
0.00 0.01 0.00 0.03 0.00 0.01 0.01 1.36 0.00 0.32 0.10 0.55
Interest 0.29 0.27 0.28 0.24 0.23 0.24 0.21 0.15 0.14 0.14 0.12 0.14
Depreciation 0.48 0.45 0.45 0.46 0.39 0.39 0.39 0.38 0.19 0.19 0.19 0.18
Profit before tax 0.01 -1.19 -1.31 -1.75 -1.17 -3.01 -0.88 1.03 0.04 0.08 -0.14 0.30
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -15.53% 0.00% 0.00% 0.00% -36.67%
Net Profit 0.01 -1.19 -1.31 -1.75 -1.17 -3.01 -0.88 1.19 0.04 0.08 -0.14 0.41
EPS in Rs 0.02 -2.41 -2.65 -3.54 -2.37 -6.09 -1.78 2.41 0.08 0.16 -0.28 0.83

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
10.80 10.05 8.14 37.86 44.47 33.23 37.67 37.49 45.99 14.86 4.68 7.63
9.61 9.00 6.88 34.85 41.13 31.24 34.00 34.01 42.74 15.97 7.70 6.73
Operating Profit 1.19 1.05 1.26 3.01 3.34 1.99 3.67 3.48 3.25 -1.11 -3.02 0.90
OPM % 11.02% 10.45% 15.48% 7.95% 7.51% 5.99% 9.74% 9.28% 7.07% -7.47% -64.53% 11.80%
0.20 0.17 0.05 0.04 0.05 0.06 0.05 0.11 0.03 0.03 1.36 0.55
Interest 0.00 0.04 0.37 1.35 1.80 1.77 1.70 1.55 1.24 1.11 0.83 0.54
Depreciation 0.45 0.48 0.61 1.18 2.03 1.98 1.97 2.01 1.88 1.81 1.55 0.74
Profit before tax 0.94 0.70 0.33 0.52 -0.44 -1.70 0.05 0.03 0.16 -4.00 -4.04 0.17
Tax % 56.38% 10.00% 48.48% 53.85% 95.45% 30.59% -160.00% 200.00% 68.75% -3.00% 3.96% 0.00%
Net Profit 0.41 0.63 0.16 0.23 -0.02 -1.18 0.13 -0.03 0.05 -4.12 -3.88 0.17
EPS in Rs 0.83 1.27 0.32 0.47 -0.04 -2.39 0.26 -0.06 0.10 -8.33 -7.85 0.34
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: -3%
5 Years: -27%
3 Years: -45%
TTM: 63%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 93%
Stock Price CAGR
10 Years: 6%
5 Years: 2%
3 Years: 31%
1 Year: %
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
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 3.84 4.47 4.63 4.87 3.93 2.75 2.88 2.84 2.85 -1.27 -5.15 -4.87
Borrowings 0.00 2.14 9.90 13.06 14.50 15.07 14.80 14.44 11.28 12.50 9.41 5.10
1.34 1.83 2.32 2.67 2.46 2.08 3.15 5.02 4.29 2.00 1.19 1.36
Total Liabilities 10.13 13.39 21.80 25.55 25.84 24.85 25.78 27.25 23.37 18.18 10.40 6.54
3.85 7.01 16.35 15.81 15.64 14.14 12.71 11.24 9.77 7.95 5.80 3.32
CWIP 0.00 0.94 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.66 0.10 0.10 0.10 0.10 0.10 0.03 0.03 0.03 0.03 0.03 0.03
5.62 5.34 5.35 9.64 10.10 10.61 13.04 15.98 13.57 10.20 4.57 3.19
Total Assets 10.13 13.39 21.80 25.55 25.84 24.85 25.78 27.25 23.37 18.18 10.40 6.54

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
1.93 2.12 0.07 -1.15 2.86 1.34 2.01 2.23 4.03 -0.73 2.29 2.45
-0.18 -5.38 -7.95 -0.46 -2.74 -0.19 -0.09 -0.29 -0.33 -0.01 1.95 2.51
-0.02 2.11 7.40 1.82 -0.34 -1.11 -2.03 -1.90 -3.77 0.69 -4.24 -4.85
Net Cash Flow 1.73 -1.15 -0.48 0.21 -0.23 0.04 -0.11 0.04 -0.07 -0.04 0.00 0.11

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 46.30 22.52 32.29 20.05 27.25 24.71 19.57 33.39 21.35 11.79 12.48 25.35
Inventory Days 33.18 110.18 229.06 72.83 55.83 104.10 136.99 174.81 113.61 316.31 201.30 142.52
Days Payable 27.49 13.58 51.82 11.04 12.51 16.52 25.62 39.44 17.45 31.28 23.23 65.35
Cash Conversion Cycle 51.99 119.12 209.53 81.85 70.57 112.29 130.94 168.77 117.51 296.82 190.55 102.53
Working Capital Days 108.82 78.08 147.52 69.32 61.48 85.79 89.05 100.18 68.81 184.47 226.18 -48.32
ROCE % 10.94% 7.37% 4.51% 8.83% 5.88% 0.30% 7.71% 7.18% 6.78% -16.45% -35.84% 2.36%

Shareholding Pattern

Numbers in percentages

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
45.46 45.46 45.46 45.46 45.46 45.46 45.46 45.46 45.46 45.46 45.46 45.46
3.03 3.03 3.03 3.03 3.03 3.03 3.03 3.03 3.03 3.03 3.03 3.03
3.03 3.03 3.03 3.03 3.03 3.03 3.03 3.03 3.03 3.03 3.03 3.03
48.48 48.48 48.48 48.48 48.48 48.48 48.48 48.48 48.48 48.48 48.48 48.48

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