Banswara Syntex Ltd

Banswara Syntex Ltd

₹ 156 -3.92%
03 Jul 2:45 p.m.
About

Incorporated in 1976, Banswara Syntex Ltd
is engaged in production of textile products, and captive power generation[1]

Key Points

Business Overview:[1]
BSL is a vertically integrated textile
company, specializing in the production
of yarn, fabric, and readymade garments

  • Market Cap 533 Cr.
  • Current Price 156
  • High / Low 180 / 132
  • Stock P/E 15.1
  • Book Value 156
  • Dividend Yield 1.92 %
  • ROCE 8.72 %
  • ROE 6.75 %
  • Face Value 5.00

Pros

  • Stock is trading at 1.00 times its book value

Cons

  • Promoter holding has decreased over last 3 years: -4.50%

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
254.15 212.24 306.96 303.19 367.38 355.48 406.48 367.85 368.97 302.67 315.90 302.28 343.36
223.26 194.24 277.43 274.48 324.62 311.66 356.55 314.16 318.28 275.85 288.09 276.30 321.30
Operating Profit 30.89 18.00 29.53 28.71 42.76 43.82 49.93 53.69 50.69 26.82 27.81 25.98 22.06
OPM % 12.15% 8.48% 9.62% 9.47% 11.64% 12.33% 12.28% 14.60% 13.74% 8.86% 8.80% 8.59% 6.42%
8.77 1.42 6.78 5.80 5.67 3.02 1.52 4.91 5.14 3.41 2.23 3.56 8.72
Interest 6.80 5.96 5.88 6.40 6.55 7.58 7.80 8.67 7.70 6.74 7.61 7.36 7.92
Depreciation 10.86 10.88 10.78 10.30 9.90 9.86 10.45 10.23 10.23 10.54 10.71 10.83 11.27
Profit before tax 22.00 2.58 19.65 17.81 31.98 29.40 33.20 39.70 37.90 12.95 11.72 11.35 11.59
Tax % 23.64% -27.91% 40.25% 31.27% 39.21% 35.27% -5.81% 25.84% 26.62% 25.71% 25.34% 24.67% 28.21%
16.80 3.30 11.74 12.24 19.45 19.02 35.13 29.44 27.82 9.62 8.76 8.55 8.33
EPS in Rs 4.91 0.96 3.43 3.58 5.69 5.56 10.26 8.60 8.13 2.81 2.56 2.50 2.43
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1,094 1,209 1,223 1,262 1,240 1,292 1,351 1,290 787 1,190 1,499 1,264
946 1,031 1,085 1,101 1,107 1,181 1,231 1,145 711 1,071 1,301 1,162
Operating Profit 148 178 138 161 134 111 120 144 76 119 198 103
OPM % 13% 15% 11% 13% 11% 9% 9% 11% 10% 10% 13% 8%
8 4 17 11 12 17 11 13 20 20 15 18
Interest 82 81 81 70 63 59 56 49 33 25 32 30
Depreciation 52 52 59 58 58 58 55 51 46 42 41 43
Profit before tax 21 48 14 44 25 11 20 58 16 72 140 48
Tax % 43% 45% 44% 38% 25% 27% -24% 7% 15% 35% 21% 26%
12 27 8 27 19 8 24 53 14 47 111 35
EPS in Rs 4.09 8.56 2.44 8.02 5.55 2.32 7.06 15.61 4.07 13.67 32.55 10.30
Dividend Payout % 18% 17% 20% 12% 9% 22% 7% 5% 18% 9% 9% 10%
Compounded Sales Growth
10 Years: 0%
5 Years: -1%
3 Years: 17%
TTM: -16%
Compounded Profit Growth
10 Years: 3%
5 Years: 6%
3 Years: 45%
TTM: -68%
Stock Price CAGR
10 Years: 15%
5 Years: 37%
3 Years: 27%
1 Year: -4%
Return on Equity
10 Years: 10%
5 Years: 13%
3 Years: 14%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 15 16 16 17 17 17 17 17 17 17 17 17
Reserves 172 196 207 232 245 252 277 325 340 383 492 518
Preference Capital 2 2 0 0 0 0 0 0 0 0 0
678 696 632 562 561 538 474 321 227 262 373 355
203 198 221 230 237 265 218 190 162 222 186 181
Total Liabilities 1,068 1,106 1,076 1,041 1,060 1,073 986 853 746 884 1,068 1,070
515 514 501 473 486 460 418 374 338 314 370 424
CWIP 8 9 10 8 6 5 0 1 1 29 22 20
Investments 9 14 18 19 4 4 4 4 3 5 6 10
536 569 547 541 564 604 565 474 405 536 671 617
Total Assets 1,068 1,106 1,076 1,041 1,060 1,073 986 853 746 884 1,068 1,070

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
151 134 179 174 140 106 137 205 132 54 20 145
-55 -58 -48 -28 -61 -25 -10 -4 -3 -48 -100 -93
-92 -61 -148 -140 -82 -85 -123 -206 -126 5 75 -58
Net Cash Flow 4 16 -17 6 -2 -4 4 -5 4 11 -4 -7

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 51 47 41 47 47 52 44 40 53 39 52 60
Inventory Days 197 192 195 173 204 181 169 155 207 213 195 178
Days Payable 87 67 82 76 90 101 78 68 107 82 55 52
Cash Conversion Cycle 162 172 154 144 160 132 135 127 154 170 192 186
Working Capital Days 98 96 86 77 83 88 83 66 88 89 104 113
ROCE % 12% 15% 11% 14% 11% 8% 10% 15% 7% 15% 22%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
58.81% 58.79% 58.76% 58.73% 58.73% 57.82% 56.30% 56.25% 56.25% 56.11% 54.37% 54.37%
0.00% 0.00% 0.00% 0.00% 0.00% 11.18% 11.40% 11.44% 0.00% 8.40% 8.93% 8.90%
4.30% 7.38% 11.30% 11.38% 11.37% 0.19% 0.19% 0.00% 9.72% 0.00% 0.00% 0.00%
36.89% 33.83% 29.94% 29.89% 29.90% 30.80% 32.12% 32.31% 34.03% 35.50% 36.70% 36.74%
No. of Shareholders 8,1308,3108,9799,99110,59012,85712,50511,74713,05714,76615,34215,147

* 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.

Documents

Concalls