Sintex Industries Ltd Stock Analysis

BSE: 502742 | NSE: SINTEX | Textile | Small Cap

BSE Share Price 10-Feb-2023 18:03
2.21 0.00 (0.00%)

DeciZen - Make an Informed Decision on Sintex Industries

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Sintex Industries Price Chart

P/E Ratio ( SA) :
0.00
Market Cap :
132.4 Cr.
52-wk low :
2.2
52-wk high :
7.4
Bole Toh?

1. Is Sintex Industries Ltd a good quality company?

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

2. Is Sintex Industries Ltd undervalued or overvalued?

The key valuation ratios of Sintex Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Sintex Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sintex Industries 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 Sintex Industries:

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.
Sintex Industries 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

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 7.9%8.2%8.4%7.6%2%2.3%1.6%-7%-5%0%-
Value Creation Index -0.4-0.4-0.4-0.5-0.9-0.8-0.9-1.5-1.4-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2,9693,2334,0064,8761,4302,0362,8211,6351,6893,1273,301
YoY Gr. Rt. %-8.9%23.9%21.7%-70.7%42.3%38.6%-42%3.3%85.1%-
Adj EPS 10.410.810.511.82.12.10.2-20.6-16.8-9.5-24.2
YoY Gr. Rt. %-3.9%-2.8%12.6%-82.5%3.4%-89.7%-9445.5%NANA-
BVPS (₹) 8693.597.2108.471.7747452.731.321.8-0.4
Adj Net Profit 33234445653711312713-1,221-1,004-567-1,451
Cash Flow from Ops. 5997128095316206398421894.58.1-
Debt/CF from Ops. 5.24.94.99.26.786.56.129.769.1820.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.6%16.9%3.5%85.1%
Adj EPS -199%-235.5%-450.3%NA
BVPS -14.2-21.2-33.5-30.4
Share Price -26.3% -34.2% 50.4% -71.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 12.911.812.511.72.63.10.3-32.5-40.1-35.7-226.3
Op. Profit Mgn % 19.922.422.517.718.814.813.7-188.613.84.5
Net Profit Mgn % 11.210.711.4117.96.20.5-74.7-59.5-18.1-44
Debt to Equity 1.11.20.911.11.21.42.13.55.1-
Working Cap Days 3133343152545933062603893092000
Cash Conv. Cycle 13412611098236110695831360

Recent Performance Summary

Sales growth is good in last 4 quarters at 28.94%

Return on Equity is Poor

Sales growth has been subdued in last 3 years 3.49%

Debt to equity has increased versus last 3 years average to 5.11

Latest Financials - Sintex Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -24.2 -23.9
TTM Sales (₹ Cr.) 3,301 3,282
BVPS (₹.) -0.4 -0.1
Reserves (₹ Cr.) -81 -67
P/BV -6.21 -17.66
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 2.21 / 7.43
All Time Low / High (₹) 0.56 / 302.17
Market Cap (₹ Cr.) 132
Equity (₹ Cr.) 59.9
Face Value (₹) 1
Industry PE 22.9

Management X-Ray of Sintex Industries :

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 Sintex Industries

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Sintex Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sintex Industries on 10-Feb-2023 18:03 is : 2.21.
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 10-Feb-2023 18:03 the market cap of Sintex Industries stood at ₹ 132.4.
The latest PE ratio of Sintex Industries as of 10-Feb-2023 18:03 is 0.00.
The latest PB ratio of Sintex Industries as of 10-Feb-2023 18:03 is -6.21
The 52-week high of Sintex Industries is ₹ 7.43 and the 52-week low is ₹ 2.21.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Sintex Industries is ₹ 3,301 ( Cr.) .

About Sintex Industries Ltd

Sintex Industries (Earlier known as The Bharat Vijay Mills) has two divisions - textiles and plastics. In the area of textiles, the company has been pioneers in high value fabrics.

Its Plastics Division started in the year 1975 and today it has most diversified manufacturing capabilities in plastic processing in the world, with 10 plants spread across the country, more than twelve manufacturing processes under one roof, having more than 500,000 Sq. meter area and a more than 1000 strong work force. The company has also created extensive finishing, assembling, metal fabrication and concrete products facilities. Combination of such varied capabilities along with the company’s state-of-the-art design and tool room facilities enables it to give vast array of products and solutions.

Businesses

Plastic- Sintex manufactures wide range of plastic products catering to various segments like construction, interiors, Industries and consumers. It manufactures products like tanks, PVC Pipes, Doors, window panels, kitchen cabinets, furniture, shelters, pallets, insulated boxes, chemical tanks, meter boxes, bins, solar water heating system etc.

Core business being plastic products, it is also into manufacturing of plastic moulds customised according the industries requirements.

Fabrics- It manufactures wide range of Men’s and Ladies apparels and furnishing.

Milestones

  • 1975 Moulded Polyethylene Industrial Containers and Tanks of sizes up to 10,000 liters 
  • 1977 Material Handling Containers for Industries and Institutions
  • 1978 Water Tank 
  • 1985 Plastic Sections for Conversion into Partitions, False Ceilings, Wall Panellings, Cabins, Cabinets, Furniture etc. 
  • 1988 Plastic Doors, Windows and Frames 
  • 1989 Insulated Containers, Sandwich Panels, Agri Containers and Biogas Holders 
  • 1990 SMC and SMC Moulded Products, Pultruded Products, Resin Transfer Moulded (RTM) Products, Blow Moulded Products, Injection Moulded Products etc. 
  • 1995 Water Filters cum Purifiers 
  • 2000 Solar Water Heaters
  • 2001 Prefabs 
  • 2002 Turnkey Blow Moulding & Profile Extrusion Plants 
  • 2004 FRP Underground Storage Tanks
  • 2005 ISO 9001 Certification, Monolithic Concrete Construction Technology
  • 2006 UL Listed for FRP Underground Petroleum Tanks
  • 2008 Sandwich Panels   
  • 2010 Package Sewage Treatment Plants (PSTP) & Manholes
  • 2011 Prefab Homes, Gloria Siding Panels
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