AYM Syntex Ltd
AYM Syntex is a leading speciality synthetic yarns manufacturer with world class manufacturing technology for multipolymer yarns. It is the largest Indian manufacturer of Bulk Continuous Filament Yarns and a leading Multipolymer Yarn dyeing house in Asia. [1]
- Market Cap ₹ 439 Cr.
- Current Price ₹ 86.8
- High / Low ₹ 101 / 59.0
- Stock P/E 389
- Book Value ₹ 80.0
- Dividend Yield 0.00 %
- ROCE 6.84 %
- ROE 1.88 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.09 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 11.4% over past five years.
- Company has a low return on equity of 6.62% over last 3 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 - Processing
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
609 | 772 | 891 | 829 | 794 | 779 | 850 | 992 | 1,028 | 947 | 1,491 | 1,458 | 1,314 | |
569 | 725 | 831 | 745 | 688 | 681 | 786 | 920 | 933 | 854 | 1,327 | 1,361 | 1,232 | |
Operating Profit | 40 | 47 | 60 | 84 | 106 | 98 | 64 | 72 | 95 | 94 | 164 | 96 | 82 |
OPM % | 6% | 6% | 7% | 10% | 13% | 13% | 8% | 7% | 9% | 10% | 11% | 7% | 6% |
2 | 2 | 3 | 3 | 3 | 3 | 5 | 6 | -2 | 0 | 2 | 7 | -11 | |
Interest | 17 | 19 | 24 | 24 | 22 | 23 | 28 | 34 | 38 | 34 | 36 | 36 | 41 |
Depreciation | 13 | 15 | 19 | 20 | 24 | 30 | 33 | 38 | 45 | 43 | 51 | 57 | 55 |
Profit before tax | 12 | 16 | 20 | 43 | 63 | 48 | 8 | 5 | 10 | 17 | 80 | 11 | -26 |
Tax % | -0% | 0% | 2% | 0% | 24% | 16% | 5% | -7% | -71% | 19% | 36% | 33% | |
12 | 16 | 20 | 43 | 48 | 41 | 8 | 6 | 17 | 14 | 51 | 7 | -16 | |
EPS in Rs | 4.89 | 4.08 | 5.02 | 10.89 | 12.17 | 10.33 | 1.75 | 1.29 | 3.48 | 2.82 | 10.13 | 1.42 | -3.25 |
Dividend Payout % | 0% | 0% | 30% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 11% |
3 Years: | 12% |
TTM: | -14% |
Compounded Profit Growth | |
---|---|
10 Years: | -7% |
5 Years: | 1% |
3 Years: | -29% |
TTM: | -94% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 19% |
3 Years: | 23% |
1 Year: | 45% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 6% |
3 Years: | 7% |
Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 24 | 39 | 39 | 39 | 39 | 39 | 46 | 46 | 50 | 50 | 50 | 50 | 51 |
Reserves | 45 | 68 | 74 | 107 | 155 | 195 | 244 | 249 | 294 | 308 | 360 | 370 | 354 |
Preference Capital | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
116 | 197 | 210 | 198 | 204 | 236 | 256 | 311 | 261 | 226 | 290 | 276 | 318 | |
118 | 101 | 118 | 94 | 141 | 119 | 133 | 199 | 211 | 252 | 227 | 224 | 255 | |
Total Liabilities | 303 | 405 | 441 | 438 | 539 | 590 | 679 | 805 | 815 | 836 | 927 | 920 | 978 |
105 | 135 | 209 | 205 | 282 | 329 | 348 | 449 | 440 | 419 | 459 | 448 | 449 | |
CWIP | 21 | 62 | 7 | 18 | 14 | 16 | 33 | 22 | 7 | 17 | 15 | 31 | 17 |
Investments | 22 | 15 | 14 | 22 | 0 | 17 | 7 | 15 | 0 | 0 | 0 | 0 | 0 |
155 | 193 | 210 | 193 | 242 | 228 | 292 | 319 | 367 | 400 | 453 | 441 | 511 | |
Total Assets | 303 | 405 | 441 | 438 | 539 | 590 | 679 | 805 | 815 | 836 | 927 | 920 | 978 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
24 | -14 | 46 | 91 | 120 | 59 | 25 | 88 | 79 | 100 | 50 | 118 | |
-31 | -75 | -36 | -43 | -74 | -87 | -74 | -112 | -8 | -22 | -57 | -74 | |
19 | 78 | -8 | -44 | -16 | -1 | 47 | 20 | -72 | -73 | 4 | -39 | |
Net Cash Flow | 11 | -11 | 3 | 4 | 30 | -29 | -1 | -4 | -2 | 5 | -3 | 5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 17 | 19 | 19 | 14 | 24 | 29 | 37 | 38 | 40 | 39 | 27 | 26 |
Inventory Days | 58 | 51 | 47 | 46 | 48 | 69 | 68 | 67 | 83 | 116 | 80 | 83 |
Days Payable | 62 | 39 | 51 | 41 | 74 | 82 | 78 | 103 | 121 | 158 | 78 | 81 |
Cash Conversion Cycle | 13 | 31 | 14 | 19 | -2 | 16 | 27 | 2 | 3 | -4 | 30 | 29 |
Working Capital Days | -0 | 24 | 16 | 11 | -4 | 9 | 24 | 11 | 24 | 31 | 45 | 43 |
ROCE % | 16% | 14% | 14% | 20% | 23% | 16% | 7% | 7% | 9% | 9% | 18% | 7% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
26 Feb - Allotment of 32,000 Equity Shares under AYM Employee Stock Option Scheme 2021 ("AYM ESOP Scheme 2021")
- Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015, As Amended ('SEBI Listing Regulations') 14 Feb
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Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Feb - Copies of the un-audited financial results for the Quarter and nine month ended December 31, 2023 published in The Financial Express( English) Ahmedabad edition and …
- Board Meeting Outcome for Outcome Of The Board Meeting Held On Monday, February 05, 2024 5 Feb
- Board Meeting Intimation for Board Meeting Intimation For Approval Of Unaudited Financial Results For The Quarter And Nine Months Ended December 31, 2023 24 Jan
Annual reports
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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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Financial Year 2010
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Financial Year 2009
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Concalls
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May 2021TranscriptPPT
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Oct 2020TranscriptPPT
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Nov 2018TranscriptPPT
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Nov 2016TranscriptPPT
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Aug 2016TranscriptPPT
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May 2016TranscriptPPT
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Feb 2016TranscriptPPT
Product Portfolio
The company manufactures a broad range of fibres. Its product portfolio includes Bulk Continuous Filament yarn (BCF), Industrial dyed yarn (IDY), Automotive yarn, textile yarn, packaged dyed yarn, and sewing yarn. [1]
Its yarns are used in a wide range of products for e.g. carpets, mats, rugs, fabrics, nets, ropes, threads, home textiles, hosiery, denim, etc. [2]