Advance Syntex Ltd

Advance Syntex Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Advance Syntex Ltd

₹ 5.90 -2.80%
17 Feb - close price
midasglitter.com BSE: 539982
About

Incorporated in 1989, Advance Syntex Ltd is
in the business of manufacturing and trading
of Metallic yarn, lacquer-coated aluminum metalized polyester film, glitter powder
and allied other products[1]

Key Points

Business Overview:[1]
ASL is in the manufacturing and supplying an array of Polyester Film, Textile Glitter Powder, Glitter Powder, Hot Stamping Foils, Children
Craft Kit, etc. in India and abroad

Website BSE
  • Market Cap ₹ 6.55 Cr.
  • Current Price ₹ 5.90
  • High / Low ₹ 8.55 / 5.42
  • Stock P/E
  • Book Value ₹ 4.88
  • Dividend Yield 0.00 %
  • ROCE -3.39 %
  • ROE -15.8 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -60.7% over past five years.
  • Company has a low return on equity of -19.0% over last 3 years.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 6,743 days.
  • Working capital days have increased from 5,901 days to 16,341 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 - Spinning - Synthetic / Blended

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Quarterly Results

Figures in Rs. Crores

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
6.29 6.82 3.88 7.06 6.39 1.82 0.29 0.25 0.15 0.06 0.00 0.00 0.00
6.23 6.63 4.25 8.18 7.40 2.23 0.61 0.64 0.50 0.06 0.05 0.03 0.02
Operating Profit 0.06 0.19 -0.37 -1.12 -1.01 -0.41 -0.32 -0.39 -0.35 0.00 -0.05 -0.03 -0.02
OPM % 0.95% 2.79% -9.54% -15.86% -15.81% -22.53% -110.34% -156.00% -233.33% 0.00%
0.00 0.01 0.00 0.52 0.12 1.15 0.28 0.22 0.01 -5.29 -0.38 0.05 -0.20
Interest 1.53 -0.61 0.21 0.07 0.01 0.06 0.00 0.05 0.00 0.00 0.01 0.00 0.00
Depreciation 0.12 0.36 0.21 0.20 0.20 0.21 0.11 0.11 0.11 0.09 0.08 0.08 0.08
Profit before tax -1.59 0.45 -0.79 -0.87 -1.10 0.47 -0.15 -0.33 -0.45 -5.38 -0.52 -0.06 -0.30
Tax % -15.72% -64.44% -31.65% -40.23% -16.36% 42.55% -13.33% 0.00% 0.00% -0.93% 0.00% 0.00% 0.00%
-1.34 0.74 -0.53 -0.53 -0.92 0.27 -0.13 -0.32 -0.44 -5.33 -0.52 -0.07 -0.30
EPS in Rs -1.21 0.67 -0.48 -0.48 -0.83 0.24 -0.12 -0.29 -0.40 -4.80 -0.47 -0.06 -0.27
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
29.63 36.15 47.22 53.21 66.63 74.37 78.74 64.18 41.57 29.12 19.16 0.74 0.06
26.83 32.90 42.20 45.88 59.46 64.64 67.91 56.91 38.77 28.80 22.08 1.80 0.16
Operating Profit 2.80 3.25 5.02 7.33 7.17 9.73 10.83 7.27 2.80 0.32 -2.92 -1.06 -0.10
OPM % 9.45% 8.99% 10.63% 13.78% 10.76% 13.08% 13.75% 11.33% 6.74% 1.10% -15.24% -143.24% -166.67%
0.13 0.07 -1.66 0.06 0.11 0.07 0.24 0.29 0.04 -1.79 1.79 -4.78 -5.82
Interest 1.35 1.74 2.76 3.92 3.96 5.12 5.99 4.01 3.96 2.78 0.35 0.05 0.01
Depreciation 0.39 0.43 0.52 2.15 1.72 2.25 2.34 1.83 1.62 0.97 0.82 0.41 0.33
Profit before tax 1.19 1.15 0.08 1.32 1.60 2.43 2.74 1.72 -2.74 -5.22 -2.30 -6.30 -6.26
Tax % 29.41% 27.83% 50.00% 53.79% 33.12% 25.93% 27.01% 27.33% 4.01% -20.31% -25.22% -1.27%
0.84 0.83 0.03 0.61 1.06 1.79 2.00 1.25 -2.86 -4.17 -1.72 -6.23 -6.22
EPS in Rs 2.55 2.08 0.07 0.91 1.16 1.97 1.80 1.13 -2.58 -3.76 -1.55 -5.61 -5.60
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: -32%
5 Years: -61%
3 Years: -74%
TTM: -98%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 14%
TTM: 77%
Stock Price CAGR
10 Years: %
5 Years: -10%
3 Years: -21%
1 Year: -19%
Return on Equity
10 Years: -1%
5 Years: -11%
3 Years: -19%
Last Year: -16%

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 2.88 3.49 3.88 5.81 9.10 9.10 11.10 11.10 11.10 11.10 11.10 11.10 11.10
Reserves 1.69 2.86 3.39 2.07 2.11 8.53 8.66 9.87 6.99 2.84 1.13 -5.10 -5.69
13.35 13.12 18.44 23.28 25.26 31.20 32.25 31.45 35.94 42.28 35.21 32.74 29.85
5.79 9.27 9.40 11.86 13.69 15.93 18.08 14.18 12.28 4.84 2.72 2.60 2.57
Total Liabilities 23.71 28.74 35.11 43.02 50.16 64.76 70.09 66.60 66.31 61.06 50.16 41.34 37.83
7.67 8.35 9.27 8.26 9.12 11.87 12.41 11.35 9.92 6.29 3.22 2.68 2.51
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 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00
16.04 20.39 25.84 34.76 41.04 52.89 57.68 55.25 56.38 54.77 46.94 38.66 35.32
Total Assets 23.71 28.74 35.11 43.02 50.16 64.76 70.09 66.60 66.31 61.06 50.16 41.34 37.83

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
-0.50 2.83 0.90 0.15 2.51 4.38 2.04 5.27 -0.50 -5.25 2.30 7.09
-0.39 -1.06 -3.28 -0.92 -2.45 -4.87 -2.33 -0.49 -0.09 0.88 3.04 0.11
0.90 -1.14 2.89 0.92 0.54 5.52 -4.73 -4.80 0.53 3.55 -6.40 65.59
Net Cash Flow 0.00 0.63 0.51 0.15 0.59 5.04 -5.03 -0.03 -0.06 -0.82 -1.06 72.80

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 50.63 83.60 99.17 108.11 101.34 118.97 134.29 138.65 208.27 282.65 386.72 6,742.64
Inventory Days 178.81 138.48 91.00 148.14 145.84 111.78 128.27 180.97 294.88 397.41 473.30 5,345.17
Days Payable 68.67 99.72 78.86 103.39 101.01 90.78 95.08 92.51 108.97 64.22 40.71 235.17
Cash Conversion Cycle 160.77 122.36 111.31 152.86 146.18 139.97 167.49 227.11 394.17 615.83 819.30 11,852.64
Working Capital Days 133.90 113.08 118.88 148.10 137.77 147.19 169.43 212.58 354.81 577.33 783.53 16,341.15
ROCE % 15.49% 15.46% 20.67% 19.03% 16.68% 17.89% 17.45% 11.13% 2.44% -1.07% -7.20% -3.39%

Shareholding Pattern

Numbers in percentages

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
59.76% 59.76% 59.76% 59.76% 59.76% 59.76% 59.76% 59.76% 59.76% 59.76% 59.76% 59.76%
40.24% 40.24% 40.24% 40.24% 40.23% 40.23% 40.23% 40.24% 40.23% 40.23% 40.23% 40.23%
No. of Shareholders 5866457358188669059519711,1741,2951,3131,343

Documents

Announcements

Annual reports

DRHP