Suncity Synthetics Ltd
Incorporated in 1988, Suncity Synthetics Ltd manufactures Polyester staple fiber and Nylon granules[1]
- Market Cap ₹ 20.4 Cr.
- Current Price ₹ 41.1
- High / Low ₹ 48.9 / 7.22
- Stock P/E
- Book Value ₹ 0.18
- Dividend Yield 0.00 %
- ROCE -0.21 %
- ROE -950 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 226 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -46.6% over past five years.
- Company might be capitalizing the interest cost
- Debtor days have increased from 54.5 to 146 days.
- Working capital days have increased from 153 days to 316 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: Textiles Industry: Textiles - Processing
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
8.14 | 37.86 | 44.47 | 33.23 | 37.67 | 37.49 | 45.99 | 14.86 | 4.68 | 7.61 | 4.63 | 2.00 | 1.71 | |
6.88 | 34.85 | 41.13 | 31.24 | 34.00 | 34.01 | 42.74 | 15.97 | 7.70 | 6.71 | 4.47 | 1.95 | 2.08 | |
Operating Profit | 1.26 | 3.01 | 3.34 | 1.99 | 3.67 | 3.48 | 3.25 | -1.11 | -3.02 | 0.90 | 0.16 | 0.05 | -0.37 |
OPM % | 15.48% | 7.95% | 7.51% | 5.99% | 9.74% | 9.28% | 7.07% | -7.47% | -64.53% | 11.83% | 3.46% | 2.50% | -21.64% |
0.05 | 0.04 | 0.05 | 0.06 | 0.05 | 0.11 | 0.03 | 0.03 | 1.36 | 0.55 | 0.38 | 0.48 | 0.86 | |
Interest | 0.37 | 1.35 | 1.80 | 1.77 | 1.70 | 1.55 | 1.24 | 1.11 | 0.83 | 0.54 | 0.27 | 0.22 | 0.17 |
Depreciation | 0.61 | 1.18 | 2.03 | 1.98 | 1.97 | 2.01 | 1.88 | 1.81 | 1.55 | 0.74 | 0.33 | 0.22 | 0.19 |
Profit before tax | 0.33 | 0.52 | -0.44 | -1.70 | 0.05 | 0.03 | 0.16 | -4.00 | -4.04 | 0.17 | -0.06 | 0.09 | 0.13 |
Tax % | 48.48% | 53.85% | -95.45% | -30.59% | -160.00% | 200.00% | 68.75% | 3.00% | -3.96% | -64.71% | 116.67% | -44.44% | |
0.16 | 0.23 | -0.02 | -1.18 | 0.13 | -0.03 | 0.05 | -4.12 | -3.88 | 0.28 | -0.12 | 0.13 | 0.13 | |
EPS in Rs | 0.32 | 0.47 | -0.04 | -2.39 | 0.26 | -0.06 | 0.10 | -8.33 | -7.85 | 0.57 | -0.24 | 0.26 | 0.27 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -25% |
5 Years: | -47% |
3 Years: | -25% |
TTM: | -55% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 25% |
TTM: | -36% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 59% |
3 Years: | 70% |
1 Year: | 381% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | -950% |
Balance Sheet
Figures in Rs. Crores
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 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 |
Reserves | 4.63 | 4.87 | 3.93 | 2.75 | 2.88 | 2.84 | 2.85 | -1.27 | -5.15 | -4.87 | -4.99 | -4.86 |
9.90 | 13.06 | 14.50 | 15.07 | 14.80 | 14.44 | 11.28 | 12.50 | 9.41 | 5.09 | 4.75 | 4.64 | |
2.32 | 2.67 | 2.46 | 2.08 | 3.15 | 5.02 | 4.29 | 2.00 | 1.20 | 1.37 | 0.67 | 0.82 | |
Total Liabilities | 21.80 | 25.55 | 25.84 | 24.85 | 25.78 | 27.25 | 23.37 | 18.18 | 10.41 | 6.54 | 5.38 | 5.55 |
16.35 | 15.81 | 15.64 | 14.14 | 12.71 | 11.24 | 9.77 | 7.95 | 5.80 | 3.32 | 2.99 | 2.53 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.10 | 0.10 | 0.10 | 0.10 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 |
5.35 | 9.64 | 10.10 | 10.61 | 13.04 | 15.98 | 13.57 | 10.20 | 4.58 | 3.19 | 2.36 | 3.00 | |
Total Assets | 21.80 | 25.55 | 25.84 | 24.85 | 25.78 | 27.25 | 23.37 | 18.18 | 10.41 | 6.54 | 5.38 | 5.55 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.07 | -1.15 | 2.86 | 1.34 | 2.01 | 2.23 | 4.03 | -0.73 | 2.29 | 2.45 | 0.66 | -0.34 | |
-7.95 | -0.46 | -2.74 | -0.19 | -0.09 | -0.29 | -0.33 | -0.01 | 1.95 | 2.51 | 0.03 | 0.57 | |
7.40 | 1.82 | -0.34 | -1.11 | -2.03 | -1.90 | -3.77 | 0.69 | -4.24 | -4.85 | -0.61 | -0.41 | |
Net Cash Flow | -0.48 | 0.21 | -0.23 | 0.04 | -0.11 | 0.04 | -0.07 | -0.04 | 0.00 | 0.11 | 0.08 | -0.19 |
Ratios
Figures in Rs. Crores
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 | 32.29 | 20.05 | 27.25 | 24.71 | 19.57 | 33.39 | 21.35 | 11.79 | 23.40 | 25.42 | -7.88 | 146.00 |
Inventory Days | 229.06 | 72.83 | 55.83 | 104.10 | 136.99 | 174.81 | 113.61 | 316.31 | 201.30 | 142.52 | 204.45 | 441.99 |
Days Payable | 51.82 | 11.04 | 12.51 | 16.52 | 25.62 | 39.44 | 17.45 | 31.28 | 33.73 | 65.35 | 28.88 | 79.84 |
Cash Conversion Cycle | 209.53 | 81.85 | 70.57 | 112.29 | 130.94 | 168.77 | 117.51 | 296.82 | 190.97 | 102.59 | 167.69 | 508.15 |
Working Capital Days | 109.86 | 56.98 | 49.49 | 70.52 | 74.90 | 86.07 | 62.22 | 178.32 | 222.28 | 62.35 | 81.99 | 315.72 |
ROCE % | 4.51% | 8.83% | 5.88% | 0.30% | 7.71% | 7.18% | 6.78% | -16.45% | -35.84% | 2.36% | 4.25% | -0.21% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
7h - ENCLOSED HEREWITH INTIMATION OF RESIGNATION UNDER REG 30 OF SEBI LODR, 2015 ALONGWITH RESIGNATION LETTER OF MRIDULA AGARWAL
- Announcement Under Regulation 30 (LODR) - INTIMATION OF RESIGNATION OF MRS POONAM JAIN 7h
- Announcement Under Regulation 30 (LODR) - INTIMATION OF RESIGNATION OF MRS. RACHANA KATARIYA 7h
- Announcement Under Regulation 30 (LODR) - INTIMATION OF RESIGNATION OF MR DUNGAR RAM MALI 7h
-
Announcement Under Regulation 30 (LODR) - INTIMATION OF RESIGNATION
7h - ENCLOSED HEREWITH INTIMATION OF RESIGNATION UNDER REG 30 OF SEBI LODR, 2015 ALONGWITH RESIGNATION LETTER OF MR. DEEPAK SHARMA
Annual reports
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Financial Year 2023
from bse
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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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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1]
Company is in the business of manufacturing nylon granules, which are used as the matrix material in composite materials for reinforcing fibers like glass or carbon fiber. Company also manufactures polyester staple fibre and nylon staple fibre (NSF), which finds applications
in technical textile products and automotive industries. SSL has 2 factories in Jodhpur, Rajasthan where one is used for manufacturing PSF and the other is used for nylon granule and fibre manufacturing