Anjani Synthetics Ltd

Anjani Synthetics Ltd

₹ 44.6 -1.35%
22 Nov - close price
About

Incorporated in 1984, Anjani Synthetics Ltd manufactures and processes textile products

Key Points

Product Profile:[1][2]
Company manufactures fabrics ranging from Cotton to Viscose to Synthetic and Blended fabrics fabrics for Shirting, Suiting, Dress Materials, etc. Company prints in disperse, reactive, pigment, discharge dyes and also produce plain dyed fabrics. Apart from this, company has its own design studio which creates unique & trendy designs as per latest Fashion trends
a) Shirting Fabric:
Company has range of shirting fabrics in plain, checks, stripes and various designs for all occasion and season
b) Suiting Fabrics:
Company produces all type of Suiting / Bottom wear fabrics in wide range of quality, color and designs
c) Dress Materials:
Company offers fashionable dress materials suitable for office wear, party wear and for other occasions

  • Market Cap 65.8 Cr.
  • Current Price 44.6
  • High / Low 54.4 / 28.0
  • Stock P/E 15.6
  • Book Value 57.0
  • Dividend Yield 0.00 %
  • ROCE 7.17 %
  • ROE 5.05 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.78 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -3.70% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 5.03% 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

Sector: Textiles Industry: Textiles - Processing

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
60.41 97.37 108.17 121.62 81.12 43.99 81.46 58.43 72.22 59.66 63.93 44.04 53.09
57.54 94.20 106.13 118.01 79.41 41.73 78.87 56.14 69.78 56.68 62.24 41.95 50.49
Operating Profit 2.87 3.17 2.04 3.61 1.71 2.26 2.59 2.29 2.44 2.98 1.69 2.09 2.60
OPM % 4.75% 3.26% 1.89% 2.97% 2.11% 5.14% 3.18% 3.92% 3.38% 4.99% 2.64% 4.75% 4.90%
0.13 0.08 1.55 0.06 1.27 0.04 0.64 0.41 0.62 0.07 1.44 0.03 0.04
Interest 1.09 1.15 1.35 1.45 1.49 1.01 1.01 1.14 1.23 1.22 1.06 0.86 0.64
Depreciation 0.76 0.78 0.45 0.63 0.58 0.71 0.68 0.59 0.63 0.66 0.67 0.56 0.58
Profit before tax 1.15 1.32 1.79 1.59 0.91 0.58 1.54 0.97 1.20 1.17 1.40 0.70 1.42
Tax % 21.74% 28.03% 3.35% 25.16% 26.37% 25.86% 22.73% 26.80% 25.00% 17.95% -20.71% 25.71% 25.35%
0.90 0.94 1.74 1.19 0.68 0.43 1.18 0.71 0.90 0.95 1.69 0.53 1.06
EPS in Rs 0.61 0.64 1.18 0.81 0.46 0.29 0.80 0.48 0.61 0.64 1.15 0.36 0.72
Raw PDF

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
323 323 343 395 368 344 307 325 266 305 330 254 221
308 306 326 376 350 329 290 309 256 294 318 245 211
Operating Profit 15 16 17 19 18 15 17 16 10 10 12 9 9
OPM % 5% 5% 5% 5% 5% 4% 5% 5% 4% 3% 4% 4% 4%
1 1 2 0 2 2 1 1 3 2 0 3 2
Interest 10 11 11 10 8 8 8 8 5 5 5 5 4
Depreciation 2 2 3 4 6 5 5 4 4 3 3 3 2
Profit before tax 4 4 6 5 5 5 5 5 4 5 5 5 5
Tax % 34% 32% 23% 24% 38% 37% 34% 25% 28% 18% 25% 10%
3 3 4 4 3 3 3 4 3 4 3 4 4
EPS in Rs 2.42 2.48 3.96 3.46 2.83 2.13 2.03 2.42 1.97 2.71 2.36 2.89 2.87
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -2%
5 Years: -4%
3 Years: -1%
TTM: -14%
Compounded Profit Growth
10 Years: 4%
5 Years: 7%
3 Years: 10%
TTM: 31%
Stock Price CAGR
10 Years: 10%
5 Years: 28%
3 Years: 17%
1 Year: 37%
Return on Equity
10 Years: 6%
5 Years: 5%
3 Years: 5%
Last Year: 5%

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 Sep 2024
Equity Capital 11 11 11 11 11 15 15 15 15 15 15 15 15
Reserves 21 24 28 32 35 44 47 52 55 60 64 68 69
63 63 69 82 89 84 69 54 65 65 50 44 30
66 88 75 86 60 77 70 79 61 71 63 38 31
Total Liabilities 161 186 183 210 195 220 201 199 195 211 192 164 145
14 15 12 30 26 26 25 22 19 17 16 16 15
CWIP 0 0 0 0 0 1 0 0 0 0 0 0 0
Investments 1 1 1 1 1 2 4 5 5 7 8 7 9
146 169 169 179 167 191 172 173 172 187 168 142 120
Total Assets 161 186 183 210 195 220 201 199 195 211 192 164 145

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
1 11 6 21 20 9 28 19 -5 7 21 13
-1 -3 2 -21 -1 4 -5 -1 -1 -1 -2 0
-1 -8 -8 1 -19 -14 -22 -20 6 -5 -20 -13
Net Cash Flow -0 0 0 0 -1 -0 1 -1 0 1 -1 0

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 88 121 106 103 105 117 99 122 154 140 102 116
Inventory Days 87 84 91 73 75 102 128 77 73 84 91 97
Days Payable 44 64 48 58 49 82 113 114 91 94 76 60
Cash Conversion Cycle 131 142 149 118 131 137 114 85 136 130 116 153
Working Capital Days 109 114 117 100 104 117 116 104 144 130 110 142
ROCE % 15% 16% 14% 13% 10% 9% 9% 10% 8% 7% 7% 7%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
73.84% 73.84% 73.84% 73.84% 73.84% 73.84% 73.84% 73.84% 73.84% 73.84% 73.84% 73.84%
0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.00% 0.00% 0.00%
26.03% 26.03% 26.03% 26.03% 26.02% 26.03% 26.02% 26.02% 26.03% 26.16% 26.16% 26.16%
No. of Shareholders 2,1532,4092,4452,4982,4662,4282,3912,4102,4952,8172,8023,056

* 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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