Commercial Syn Bags Ltd
₹ 144
0.00%
22 Dec
9:39 a.m.
About
Incorporated in 1984, Commercial Syn Bags
Ltd manufactuers and exports containers and packaging materials[1]
Key Points
- Market Cap ₹ 577 Cr.
- Current Price ₹ 144
- High / Low ₹ 166 / 65.0
- Stock P/E 22.6
- Book Value ₹ 40.6
- Dividend Yield 0.28 %
- ROCE 12.3 %
- ROE 12.3 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.55 times its book value
- Company has a low return on equity of 8.83% over last 3 years.
- Dividend payout has been low at 3.11% of profits 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
Loading peers table ...
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 | TTM | |
|---|---|---|---|---|---|---|---|
| 191 | 213 | 323 | 290 | 288 | 347 | 373 | |
| 167 | 187 | 289 | 266 | 261 | 312 | 328 | |
| Operating Profit | 24 | 26 | 34 | 24 | 27 | 36 | 45 |
| OPM % | 12% | 12% | 10% | 8% | 9% | 10% | 12% |
| 2 | -0 | 4 | 2 | 3 | 4 | 3 | |
| Interest | 4 | 4 | 7 | 6 | 8 | 9 | 9 |
| Depreciation | 7 | 8 | 9 | 10 | 11 | 9 | 9 |
| Profit before tax | 14 | 15 | 21 | 9 | 11 | 21 | 30 |
| Tax % | 21% | 17% | 14% | 14% | 27% | 20% | |
| 11 | 12 | 18 | 8 | 8 | 17 | 26 | |
| EPS in Rs | 3.22 | 3.37 | 4.92 | 2.02 | 1.97 | 4.29 | 6.40 |
| Dividend Payout % | 0% | 20% | 14% | 0% | 0% | 9% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 3% |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | -2% |
| TTM: | 201% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 47% |
| 3 Years: | 20% |
| 1 Year: | 73% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 12 | 40 | 40 | 40 | 40 |
| Reserves | 57 | 67 | 93 | 81 | 89 | 110 | 122 |
| 52 | 86 | 84 | 76 | 109 | 115 | 109 | |
| 19 | 32 | 32 | 31 | 36 | 43 | 44 | |
| Total Liabilities | 140 | 197 | 222 | 227 | 273 | 308 | 316 |
| 58 | 87 | 94 | 99 | 108 | 100 | 102 | |
| CWIP | 14 | 0 | 0 | 13 | 0 | 2 | 4 |
| Investments | 0 | 0 | -0 | -0 | 22 | 23 | 24 |
| 68 | 109 | 128 | 116 | 143 | 183 | 185 | |
| Total Assets | 140 | 197 | 222 | 227 | 273 | 308 | 316 |
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 | 49 |
| 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 | 35 | 35 | 42 | 44 | 28 | 40 |
| ROCE % | 13% | 16% | 8% | 9% | 12% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Nov - Extract of Newspaper advertisement publisher on 8th November, 2025.
-
Submission Of Standalone And Consolidated Un-Audited Financial Results Along With Limited Review Report Thereon For The Quarter And Half Year Ended On 30Th September, 2025
7 Nov - Standalone & consolidated unaudited Q2/H1 results ended 30 Sep 2025; H1 PAT standalone Rs1,359.69L, consolidated Rs1,397.66L.
-
Board Meeting Outcome for Submission Of The Outcome Of 7/2025-26 Board Meeting Along With Standalone And Consolidated Un-Audited Financial Results Along With Limited Review Report Thereon For The Quarter And Half Year Ended On 30Th September, 2025
7 Nov - Board approved Q2/H1 FY26 unaudited results: standalone H1 revenue Rs18,681.74L, PAT Rs1,359.69L; consolidated H1 revenue Rs18,896.69L.
-
Board Meeting Intimation for Consideration And Approval Of The Un-Audited Standalone And Consolidated Financial Results Of The Company For The Quarter/Half Year Ended On 30Th September, 2025.
3 Nov - Board meeting on 7 Nov 2025 to approve Q2/H1 FY26 results (ended 30 Sep 2025).
-
Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
30 Oct - DSIR recognized TECHTEX in-house R&D unit at Pithampur, valid Oct 15, 2025–Mar 31, 2028.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
Concalls
-
Mar 2022TranscriptAI SummaryPPT
-
Mar 2022TranscriptAI SummaryPPT
-
Feb 2022TranscriptAI SummaryPPT
-
Nov 2021TranscriptAI SummaryPPT
-
Aug 2021TranscriptAI SummaryPPT
-
Jun 2021TranscriptAI SummaryPPT
-
Feb 2021TranscriptAI SummaryPPT
-
Feb 2021TranscriptAI SummaryPPT
-
Dec 2020TranscriptAI SummaryPPT
-
Nov 2020TranscriptAI SummaryPPT
-
Sep 2020TranscriptAI SummaryPPT
-
Sep 2020TranscriptAI SummaryPPT
-
Aug 2020TranscriptAI SummaryPPT
-
Jul 2020TranscriptAI SummaryPPT
-
Feb 2020TranscriptAI SummaryPPT
-
Feb 2020TranscriptAI SummaryPPT
-
Nov 2019TranscriptAI SummaryPPT
-
Nov 2019TranscriptAI SummaryPPT
-
Oct 2019TranscriptAI SummaryPPT
-
Sep 2019TranscriptAI SummaryPPT
-
Jun 2019TranscriptAI SummaryPPT
-
Nov 2018TranscriptAI SummaryPPT
-
Sep 2018TranscriptAI SummaryPPT
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.