Prag Bosimi Synthetics Ltd - Stock Valuation and Financial Performance

BSE: 500192 | NSE: PRAGBOSIMI | Textile | Small Cap

Prag Bosimi Synth Share Price

2.97 0.04 1.37%
as on 28-Mar'24 16:01

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Prag Bosimi Synthetics stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
21.9 Cr.
52-wk low:
1.7
52-wk high:
4.5

Is Prag Bosimi Synthetics Ltd an attractive stock to invest in?

1. Is Prag Bosimi Synthetics Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Prag Bosimi Synthetics Ltd is a below average quality company.

2. Is Prag Bosimi Synthetics Ltd undervalued or overvalued?

The key valuation ratios of Prag Bosimi Synthetics Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Prag Bosimi Synthetics Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Prag Bosimi Synthetics Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Prag Bosimi Synth:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Prag Bosimi Synthetics Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Sep'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -5.6%-10.3%-0.4%-5.4%-6.8%-4%-5%-3.6%-6%-4.6%-
Value Creation
Index
-1.4-1.7-1.0-1.4-1.5-1.3-1.4-1.3-1.4-1.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 66.71.11382.523.25817.71.64.41.53
Sales YoY Gr.--98.4%12,787.9%-98.2%831.7%149.8%-69.4%-90.8%166.9%-65.5%-
Adj EPS -2.4-3.3-1.4-2.5-2.9-1.5-2.2-1.6-2.1-1.7-1.8
YoY Gr.-NANANANANANANANANA-
BVPS (₹) 8.66.614.212.510.28.66.85.11.80.1-0.9
Adj Net
Profit
-17.8-24.6-10.4-18.4-21.3-11.3-16.5-12.2-15.7-12.6-13
Cash Flow from Ops. -9.1-2.611.1-7-17.2-9.1-1.41.7-2.1-2.8-
Debt/CF from Ops. -10.4-36.914.5-23.5-9.1-18.6-118.492.1-75.8-56.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -34.4%-42.2%-56.1%-65.5%
Adj EPS NANANANA
BVPS-41.4%-63%-78.2%-96.1%
Share Price 2.4% -0.3% 24.2% 68.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Sep'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-24.4-43.5-11.6-18.6-23.2-13.2-22.7-20.4-38-55.9414.1
Op. Profit
Mgn %
-0.5-373.68-224.7-54.5-10.3-34.2-175.1-65.9-123-66.7
Net Profit
Mgn %
-26.7-2310.5-7.5-741.4-91.6-19.5-93.1-746.6-360.1-841.7-488.5
Debt to
Equity
1.51.91.51.81.72.12.62.95.49.8-
Working Cap
Days
20312,359885,1486993138998,5102,8467,8052,454
Cash Conv.
Cycle
536,961251,598201922922,4156021,3852,056

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 414.10%

Sales growth has been subdued in last 3 years -56.09%

Debt to equity has increased versus last 3 years average to 9.75

Sales growth is not so good in last 4 quarters at -26.00%

Latest Financials - Prag Bosimi Synthetics Ltd.

Standalone Consolidated
TTM EPS (₹) -1.8 -1.8
TTM Sales (₹ Cr.) 2.7 2.7
BVPS (₹.) -0.9 -1
Reserves (₹ Cr.) -81 -81
P/BV -3.18 -3.09
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 1.70 / 4.53
All Time Low / High (₹) 0.65 / 16.70
Market Cap (₹ Cr.) 21.9
Equity (₹ Cr.) 74.4
Face Value (₹) 10
Industry PE 27.9

Management X-Ray of Prag Bosimi Synth:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Prag Bosimi Synth

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSSep'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales100.101.60137.902.4923.2057.9517.721.634.351.50
Operating Expenses 100.627.59126.818.0835.8563.9223.784.5220.233.34
Manufacturing Costs3.640.490.120.645.144.322.650.500.200.08
Material Costs86.861.31123.841.6320.0549.5113.061.392.701.38
Employee Cost 5.472.471.223.895.635.445.021.1430.42
Other Costs 4.653.331.631.925.034.663.061.4914.321.46
Operating Profit -0.52-5.9911.09-5.59-12.64-5.97-6.07-2.89-15.88-1.84
Operating Profit Margin (%) -0.5%-374.0%8.0%-224.0%-54.5%-10.3%-34.2%-177.0%-365.0%-123.0%
Other Income 0.490.291.143.190.840.8811.211.410.16
Interest 18.7619.3113.376.195.911.916.276.075.626.23
Depreciation 7.9411.969.259.853.554.284.424.454.694.20
Exceptional Items 0000000000
Profit Before Tax -26.72-36.98-10.40-18.44-21.26-11.28-15.75-12.19-24.77-12.11
Tax 0000000.75000.48
Profit After Tax -26.72-36.98-10.40-18.44-21.26-11.28-16.49-12.19-24.77-12.59
PAT Margin (%) -26.7%-2,311.3%-7.5%-741.0%-91.6%-19.5%-93.1%-748.0%-569.0%-840.0%
Adjusted EPS (₹)-3.6-5.0-1.4-2.5-2.9-1.5-2.2-1.7-3.3-1.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSSep'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 95.9674.03105.4392.6290.9879.7065.8153.6228.8516.26
Share Capital 74.3874.3874.3874.0789.8489.8489.8489.8489.8489.84
Reserves 21.58-0.3531.0518.551.14-10.14-24.03-36.22-60.99-73.58
Minority Interest0000000000
Debt141.80142.78160.16163.76156.64168.81169.79156.32155.54158.45
Long Term Debt107.23108125.54127.97124.41158.78159.89156.32155.54158.45
Short Term Debt34.5734.7834.6235.7932.2310.039.90000
Trade Payables36.471.061.686.4011.496.092.331.230.590.52
Others Liabilities 21.0424.1112.189.1515.1011.9717.8024.4726.2031.40
Total Liabilities 295.28241.98279.45271.92274.21266.58255.72235.63211.18206.62

Fixed Assets

Gross Block276.61276.32276.25216.31222.53224.07224.21224.10191.58191.50
Accumulated Depreciation57.9868.9478.129.8513.4117.6822.1026.5514.9219.05
Net Fixed Assets218.63207.38198.13206.46209.13206.39202.12197.56176.66172.46
CWIP 1.091.091.090.210.830.991.191.191.211.19
Investments 0.120.120.1226.5311.5711.6411.640.620.620.62
Inventories11.0911.1810.2011.5711.6311.259.718.565.844.46
Trade Receivables42.040.250.031.1413.119.493.730.360.390.93
Cash Equivalents 0.300.1846.542.130.380.390.670.410.750.26
Others Assets22.0121.7823.3223.9027.5526.4326.6726.9525.7026.71
Total Assets 295.28241.98279.45271.92274.21266.58255.72235.63211.18206.62

Cash Flow

(All Figures are in Crores.)
PARTICULARSSep'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -13.69-3.8711.08-6.97-17.20-9.06-1.431.70-2.05-2.83
PBT -26.72-36.98-10.40-18.44-21.26-11.28-15.75-12.19-24.77-12.11
Adjustment 26.6931.9922.2713.158.725.619.989.6823.3110.42
Changes in Working Capital 5.091.11-0.79-1.68-4.65-3.14.584.26-0.42-1.08
Tax Paid 00000-0.29-0.24-0.05-0.17-0.06
Cash Flow From Investing Activity -2.12-0.72-1.33-41.5310.18-1.300.3711.973.170.04
Capex -2.59-0.7200-5.60-1.70-0.3303.160.03
Net Investments 000-26.2615.16-0.07011.0200
Others 0.460-1.32-15.270.610.470.710.950.010.01
Cash Flow From Financing Activity 15.684.4636.624.085.2810.371.34-13.92-0.782.30
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 15.68045.249.2114.3034.052.07-3.57-0.782.36
Interest Paid 0-7.44-8.62-5.12-4.45-1.19-0.61-0.450-0.06
Dividend Paid 0000000000
Others 011.9000-4.58-22.49-0.13-9.9000
Net Cash Flow -0.13-0.1346.37-44.42-1.7500.28-0.260.34-0.49
PARTICULARSSep'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-38.96-43.5-11.59-18.62-25.34-16.21-28.95-27.74-97.28-185.66
ROCE (%)-3.27-7.771.23-4.7-6.09-3.78-3.92-2.75-9.71-3.28
Asset Turnover Ratio0.360.010.530.010.090.210.070.010.020.01
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days774,8240851127113645832162
Inventory Days412,540281,598182722162,0476041,256
Payable Days795,238490616365118467123147

Prag Bosimi Synthetics Ltd Stock News

Prag Bosimi Synthetics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Prag Bosimi Synth on 28-Mar-2024 16:01 is ₹2.97.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Prag Bosimi Synth stood at ₹21.87.
The latest P/E ratio of Prag Bosimi Synth as of 28-Mar-2024 16:01 is 0.00.
The latest P/B ratio of Prag Bosimi Synth as of 28-Mar-2024 16:01 is -3.18.
The 52-week high of Prag Bosimi Synth is ₹4.53 and the 52-week low is ₹1.70.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Prag Bosimi Synth is ₹2.68 ( Cr.) .

About Prag Bosimi Synthetics Ltd

Prag Bosimi Synthetics was incorporated in 1987. The company is a joint venture project of Assam Industrial Development Corporation and the Bombay Silk Mills.

The company’s plant is located at Khandajan in Darrang district in Assam. The company is a 100% export oriented textile division with facilities for texturising, twisting and dyeing of polyester filament yarn (PFY).

Prag Bosimi Synthetics has a technical collaboration with EMS Inventa AG of Switzerland.

The registered office of the company is located at House No. 4, Nilgiri Path, R G Baruah Road, Near Doordarshan Guwahati, Assam 781005.

Business area of the company

The company is engaged in the manufacture of PFY and partially oriented yarn (POY), which find numerous applications as apparel fabric, knitted fabric, stretch woven fabric, tyrecord, etc.

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