AYM Syntex Ltd

AYM Syntex Ltd

₹ 100 0.37%
24 Jun - close price
About

Incorporated in 1985, AYM Syntex
Ltd is a manufacturer and exporter
of Polyester Filament Yarn, Nylon
Filament Yarn and Bulk, Continuous
Filament Yarn[1]

Key Points

Business Overview:[1]
ASL is in the business of spinning, texturizing, draw twisting and dyeing
of polyester and nylon yarn. It is a speciality synthetic yarns manufacturer of multi polymer yarns. Company is the largest Indian manufacturer of Bulk Continuous Filament Yarns and a leading Multi polymer Yarn dyeing house in Asia.

  • Market Cap 509 Cr.
  • Current Price 100
  • High / Low 107 / 63.2
  • Stock P/E 60.4
  • Book Value 83.7
  • Dividend Yield 0.00 %
  • ROCE 6.92 %
  • ROE 2.00 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.20 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 6.49% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 5.61% 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
350 306 379 401 405 397 384 347 330 320 333 331 374
308 274 336 357 362 367 362 324 309 306 312 306 334
Operating Profit 42 31 43 44 43 30 22 23 21 14 21 25 40
OPM % 12% 10% 11% 11% 11% 7% 6% 7% 6% 4% 6% 8% 11%
2 2 0 0 2 2 2 2 2 -9 -4 -0 13
Interest 8 8 9 9 10 9 9 9 10 9 11 12 10
Depreciation 10 11 13 13 14 14 15 15 12 14 14 15 15
Profit before tax 25 14 21 22 22 8 0 1 1 -18 -8 -2 28
Tax % 24% 35% 37% 36% 37% 35% 42% 34% 3% 36% 36% 39% 32%
19 9 13 14 14 5 0 1 1 -11 -5 -1 19
EPS in Rs 3.75 1.85 2.64 2.87 2.79 1.09 0.05 0.11 0.18 -2.27 -0.98 -0.18 3.82
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
772 891 829 794 779 850 992 1,028 947 1,491 1,458 1,358
725 831 745 688 681 786 920 933 854 1,327 1,361 1,257
Operating Profit 47 60 84 106 98 64 72 95 94 164 96 101
OPM % 6% 7% 10% 13% 13% 8% 7% 9% 10% 11% 7% 7%
2 3 3 3 3 5 6 -2 0 2 7 0
Interest 19 24 24 22 23 28 34 38 34 36 36 42
Depreciation 15 19 20 24 30 33 38 45 43 51 57 58
Profit before tax 16 20 43 63 48 8 5 10 17 80 11 1
Tax % 0% 2% 0% 24% 16% 5% -7% -71% 19% 36% 33% -55%
16 20 43 48 41 8 6 17 14 51 7 2
EPS in Rs 4.08 5.02 10.89 12.17 10.33 1.75 1.29 3.48 2.82 10.13 1.42 0.40
Dividend Payout % 0% 30% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 4%
5 Years: 6%
3 Years: 13%
TTM: -7%
Compounded Profit Growth
10 Years: -8%
5 Years: 7%
3 Years: -19%
TTM: 8%
Stock Price CAGR
10 Years: 18%
5 Years: 21%
3 Years: 10%
1 Year: 32%
Return on Equity
10 Years: 8%
5 Years: 6%
3 Years: 6%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 39 39 39 39 39 46 46 50 50 50 50 51
Reserves 68 74 107 155 195 244 249 294 308 360 370 373
197 210 198 204 236 256 311 261 226 290 276 324
101 118 94 141 119 133 199 211 252 227 224 277
Total Liabilities 405 441 438 539 590 679 805 815 836 927 920 1,025
135 209 205 282 329 348 449 440 419 459 448 480
CWIP 62 7 18 14 16 33 22 7 17 15 31 20
Investments 15 14 22 0 17 7 15 0 0 0 0 0
193 210 193 242 228 292 319 367 400 453 441 524
Total Assets 405 441 438 539 590 679 805 815 836 927 920 1,025

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-14 46 91 120 59 25 88 79 100 50 118 64
-75 -36 -43 -74 -87 -74 -112 -8 -22 -57 -74 -55
78 -8 -44 -16 -1 47 20 -72 -73 4 -39 -10
Net Cash Flow -11 3 4 30 -29 -1 -4 -2 5 -3 5 -2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 19 19 14 24 29 37 38 40 39 27 26 33
Inventory Days 51 47 46 48 69 68 67 83 116 80 83 104
Days Payable 39 51 41 74 82 78 103 121 158 78 81 115
Cash Conversion Cycle 31 14 19 -2 16 27 2 3 -4 30 29 22
Working Capital Days 24 16 11 -4 9 24 11 24 31 45 43 54
ROCE % 14% 14% 20% 23% 16% 7% 7% 9% 9% 18% 7%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
72.41% 74.24% 74.24% 74.24% 74.15% 74.00% 74.00% 73.95% 73.86% 73.59% 73.59% 73.54%
0.01% 0.18% 0.17% 0.25% 0.26% 0.22% 0.11% 0.10% 0.09% 0.09% 0.09% 0.10%
0.24% 0.15% 0.15% 0.15% 0.15% 0.15% 0.15% 0.15% 0.15% 0.15% 0.15% 0.13%
27.34% 25.43% 25.44% 25.36% 25.44% 25.63% 25.75% 25.82% 25.90% 26.18% 26.18% 26.25%
No. of Shareholders 7,0737,9658,05711,22111,73311,69312,32111,90511,21010,86410,92811,208

* 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

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