Premier Synthetics Ltd
- Market Cap ₹ 9.64 Cr.
- Current Price ₹ 21.0
- High / Low ₹ 30.0 / 12.8
- Stock P/E 3.29
- Book Value ₹ 33.1
- Dividend Yield 0.00 %
- ROCE 6.45 %
- ROE 90.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.63 times its book value
- Debtor days have improved from 267 to 70.2 days.
- Promoter holding has increased by 51.9% over last quarter.
- Company's working capital requirements have reduced from 202 days to 91.7 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Tax rate seems low
- 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 - Cotton/Blended
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Operating Profit |
OPM % |
Interest |
Depreciation |
Profit before tax |
Tax % |
EPS in Rs |
Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | |
---|---|---|---|
14.31 | 18.31 | 22.36 | |
12.04 | 14.28 | 17.24 | |
Operating Profit | 2.27 | 4.03 | 5.12 |
OPM % | 15.86% | 22.01% | 22.90% |
3.82 | 10.56 | -0.19 | |
Interest | 1.41 | 0.45 | 1.73 |
Depreciation | 2.91 | 2.64 | 2.55 |
Profit before tax | 1.77 | 11.50 | 0.65 |
Tax % | 0.00% | -1.57% | -306.15% |
1.77 | 11.68 | 2.64 | |
EPS in Rs | 4.86 | 32.06 | 7.25 |
Dividend Payout % | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 148% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 6% |
3 Years: | -12% |
1 Year: | 38% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 90% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | |
---|---|---|---|
Equity Capital | 3.64 | 3.64 | 3.64 |
Reserves | -9.37 | -9.22 | 8.42 |
54.59 | 48.31 | 27.97 | |
14.14 | 4.81 | 13.27 | |
Total Liabilities | 63.00 | 47.54 | 53.30 |
27.30 | 24.11 | 36.41 | |
CWIP | 0.00 | 0.00 | 0.00 |
Investments | 4.29 | 4.29 | 3.75 |
31.41 | 19.14 | 13.14 | |
Total Assets | 63.00 | 47.54 | 53.30 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | |
---|---|---|---|
-2.52 | 1.65 | 10.21 | |
-2.16 | 16.51 | 0.39 | |
4.53 | -18.17 | -10.64 | |
Net Cash Flow | -0.15 | -0.01 | -0.04 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | |
---|---|---|---|
Debtor Days | 487.43 | 242.40 | 70.19 |
Inventory Days | 128.79 | ||
Days Payable | 104.84 | ||
Cash Conversion Cycle | 487.43 | 242.40 | 94.14 |
Working Capital Days | 324.44 | 188.98 | 91.74 |
ROCE % | 3.17% | 6.45% |
Documents
Announcements
- Submission Of The Statement Of Deviation Pursuant To Reg.32(1) Of SEBI (LODR) Regulations, 2015 For The Quarter Ended On 30.06.2024 9 Jul
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Jul - With ref. to the subject mentioned above, we are submitting herewith the confirmation certificate from our Registrar & Transfer Agent M/s. Skyline Financial Services Private …
- Announcement Made For Authorisation To KMP For The Disclosure Of Event Or Information By The Board Under Regulation 30(5) Of SEBI (LODR) Regulations, 2015. 27 Jun
- Closure of Trading Window 20 Jun
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Newspaper cuttings of published Audited Financial Results of the Company published today i.e.29/05/2024 in the following newspapers: 1) Free press gujarat (English Newspaper) on 29/05/2024, …
Annual reports
-
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
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Business Overview:[1][2]
Company has spinning plant for manufacturing coarse count cotton yarn from raw material consisting cotton and cotton waste. The end use of such cotton yarn is in denim industries and towel industries. Company follows order-based production policy wherein 50-60% of the goods are produced against orders which minimizes inventory risk