Commercial Syn Bags Ltd
₹ 128
-4.08%
12 Jun
3:00 p.m.
About
Incorporated in 1984, Commercial Syn Bags
Ltd manufactuers and exports containers and packaging materials[1]
Key Points
- Market Cap ₹ 512 Cr.
- Current Price ₹ 128
- High / Low ₹ 135 / 53.0
- Stock P/E 29.9
- Book Value ₹ 37.6
- Dividend Yield 0.00 %
- ROCE 12.3 %
- ROE 12.3 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.48 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.82% over last 3 years.
- Promoter holding has decreased over last 3 years: -4.20%
* 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
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Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 191 | 213 | 323 | 290 | 288 | 348 | |
| 167 | 187 | 289 | 266 | 261 | 312 | |
| Operating Profit | 24 | 26 | 34 | 24 | 27 | 36 |
| OPM % | 12% | 12% | 10% | 8% | 9% | 10% |
| 2 | -0 | 4 | 2 | 3 | 4 | |
| Interest | 4 | 4 | 7 | 6 | 8 | 9 |
| Depreciation | 7 | 8 | 9 | 10 | 11 | 9 |
| Profit before tax | 14 | 15 | 21 | 9 | 11 | 21 |
| Tax % | 21% | 17% | 14% | 14% | 27% | 20% |
| 11 | 12 | 18 | 8 | 8 | 17 | |
| EPS in Rs | 3.22 | 3.37 | 4.92 | 2.02 | 1.97 | 4.29 |
| Dividend Payout % | 0% | 20% | 14% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 3% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | -2% |
| TTM: | 112% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 51% |
| 3 Years: | 14% |
| 1 Year: | 95% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 9% |
| Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 12 | 40 | 40 | 40 |
| Reserves | 57 | 67 | 93 | 81 | 89 | 110 |
| 52 | 86 | 84 | 76 | 109 | 115 | |
| 19 | 32 | 32 | 31 | 36 | 43 | |
| Total Liabilities | 140 | 197 | 222 | 227 | 273 | 308 |
| 58 | 87 | 94 | 99 | 108 | 100 | |
| CWIP | 14 | 0 | 0 | 13 | 0 | 2 |
| Investments | 0 | 0 | -0 | -0 | 22 | 23 |
| 68 | 109 | 128 | 116 | 143 | 183 | |
| Total Assets | 140 | 197 | 222 | 227 | 273 | 308 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 27 | -9 | 6 | 38 | 6 | 1 | |
| -17 | -17 | -7 | -30 | -29 | -0 | |
| -10 | 28 | -1 | -8 | 23 | 0 | |
| Net Cash Flow | -0 | 2 | -2 | -1 | 0 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 35 | 37 | 40 | 35 | 54 | 48 |
| Inventory Days | 110 | 190 | 115 | 129 | 164 | 160 |
| Days Payable | 21 | 39 | 30 | 34 | 39 | 37 |
| Cash Conversion Cycle | 124 | 187 | 125 | 130 | 179 | 172 |
| Working Capital Days | 70 | 119 | 98 | 88 | 117 | 131 |
| ROCE % | 13% | 16% | 8% | 9% | 12% |
Documents
Announcements
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Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
3 Jun - Received GBP 63,700 dividend from associate Smartlift Bulk Packaging Ltd for 2024.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2 Jun - Newspaper clipping of the extract of audited standalone and consolidated financial result for quarter/ year ended 31st March, 2025
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Submission Of The Standalone And Consolidated Audited Financial Results Along With Auditors' Report Thereon For The Quarter/Year Ended On 31St March, 2025
31 May - Commercial Syn Bags reports audited FY25 results with Rs 1758.67L profit, unqualified audit opinion, and preferential warrant allotment.
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Statement On Deviation Or Variation Of Funds In Proceeds Of Preferential Issue For The Quarter Ended 31St March, 2025.
31 May - No deviation in utilization of Rs.360 lakh preferential issue proceeds for Q4 FY25.
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Board Meeting Outcome for Submission Of The Outcome Of 1/2025-26 Board Meeting Along With Standalone And Consolidated Audited Financial Results Along With Auditors Report Thereon For The Quarter/Year Ended On 31St March 2025
31 May - Audited financial results FY25: Profit Rs.1389.78L, unqualified audit, preferential warrants issued.
Annual reports
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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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Concalls
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Mar 2022TranscriptNotesPPT
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Mar 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Jun 2021TranscriptNotesPPT
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Feb 2021TranscriptNotesPPT
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Feb 2021TranscriptNotesPPT
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Dec 2020TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Sep 2020TranscriptNotesPPT
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Sep 2020TranscriptNotesPPT
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Aug 2020TranscriptNotesPPT
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Jul 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Oct 2019TranscriptNotesPPT
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Sep 2019TranscriptNotesPPT
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Jun 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Sep 2018TranscriptNotesPPT
Business Overview:[1]
Commercial Syn Bags Limited (Comsyn), based in Indore, is a leading manufacturer and exporter of packaging solutions, including Flexible Intermediate Bulk Containers (FIBCs), tarpaulins, woven sacks, and BOPP bags.