Yarn Syndicate Ltd

Yarn Syndicate Ltd

₹ 44.0 2.83%
04 Jul 4:01 p.m.
About

Incorporated in 1946, Yarn Syndicate
Limited is engaged in trading and export
of yarns.

Key Points

Business Overview:[1][2]
Company is a government recognized Star Trading House, merchant exporter and trader of various types of yarn, raw cotton and fabrics. During last few years, company diversified its business portfolio from export of yarn to trading in domestic market in various kinds of fabrics. Though company has not done any export business for several years but is on the look out for favorable export deals.

  • Market Cap 32.8 Cr.
  • Current Price 44.0
  • High / Low 45.9 / 20.1
  • Stock P/E 50.4
  • Book Value 11.2
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE 5.42 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 3.93 times its book value
  • Promoter holding has decreased over last quarter: -28.3%
  • Promoter holding is low: 6.73%
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.1.09 Cr.
  • Company has high debtors of 2,037 days.

* 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: Trading Industry: Trading

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Dec 2023 Mar 2024
0.00 0.95 2.47
0.05 0.79 1.81
Operating Profit -0.05 0.16 0.66
OPM % 16.84% 26.72%
0.03 0.02 1.05
Interest 0.00 0.00 0.44
Depreciation 0.00 0.00 0.03
Profit before tax -0.02 0.18 1.24
Tax % 0.00% 22.22% -3.23%
-0.02 0.14 1.28
EPS in Rs -0.01 0.06 0.29
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
0.00 3.90
0.19 3.12
Operating Profit -0.19 0.78
OPM % 20.00%
0.03 1.09
Interest 0.00 0.44
Depreciation 0.00 0.03
Profit before tax -0.16 1.40
Tax % 0.00% 0.00%
-0.16 1.40
EPS in Rs -0.07 0.30
Dividend Payout % 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 506%
Stock Price CAGR
10 Years: 36%
5 Years: 63%
3 Years: 135%
1 Year: 47%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Equity Capital 3.75 12.75
Reserves -4.17 11.67
0.43 19.34
0.17 101.09
Total Liabilities 0.18 144.85
0.06 13.41
CWIP 0.00 0.00
Investments 0.00 1.43
0.12 130.01
Total Assets 0.18 144.85

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
0.12 -26.28
0.04 -32.86
-0.12 61.76
Net Cash Flow 0.04 2.62

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Debtor Days 2,036.51
Inventory Days
Days Payable
Cash Conversion Cycle 2,036.51
Working Capital Days 2,478.26
ROCE %

Shareholding Pattern

Numbers in percentages

10 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
67.69% 67.69% 67.69% 67.69% 67.69% 67.68% 58.88% 35.11% 35.09% 35.03% 35.03% 6.73%
0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.00% 0.00%
0.60% 0.60% 0.60% 0.60% 0.60% 0.60% 0.60% 0.60% 0.60% 0.60% 0.55% 0.10%
31.65% 31.65% 31.65% 31.65% 31.65% 31.64% 40.45% 64.22% 64.23% 64.31% 64.42% 93.17%
No. of Shareholders 3,7313,7433,8143,7913,7934,0934,0273,9723,9084,7664,8194,984

* 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.

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