Hind Syntex Ltd Stock Analysis

BSE: 503881 | NSE: HINDSYNTEX | Textile - Manmade Fibres | Small Cap

BSE Share Price Mar 11, 18:01
1.66 0.00 (0.00%)

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10 Year X-Ray:

Analysis of Financial Track Record

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.

Value Creation

Value Creation Index Colour Code Guide
Mar'09Mar'10Mar'11Mar'12Sep'13Mar'14Mar'15Mar'16Mar'17Mar'18TTM
ROCE % -8.6%-5.3%5.4%-18.2%122.4%-23%-0.7%1.9%-6.2%-51.9%-
Value Creation Index NANANANA7.7-2.7-1.1-0.9-1.4-4.7-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 62.273.510611599.248.138.440.540.442.915
YoY Gr. Rt. %-18.3%43.8%8.4%-13.5%-51.5%-20.2%5.4%-0.1%6%-
Adj EPS -8.5-7.2-1.9-8.910-3-00.1-0.3-2.2-3.6
YoY Gr. Rt. %-NANANANA-129.5%NANA-440%NA-
BVPS (₹) -8.4-15.1-13.3-21.64.210.65.45.55.23.3-1.9
Adj Net Profit -9.2-7.8-2.4-11.312.7-3.8-0.10.1-0.4-2.9-5
Cash Flow from Ops. -0.10.2-0.60.523.92.7-0.80.41-0.5-
Debt/CF from Ops. -882.6307.4-87.4117.100000.10-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales -4.1%-15.4%3.7%6%
Adj EPS NA-174.2%NANA
BVPS 0-4.8-15.2-36.9
Share Price -2.6% -32.2% -32.9% -

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'09Mar'10Mar'11Mar'12Sep'13Mar'14Mar'15Mar'16Mar'17Mar'18TTM
Return on Equity % 21060.914.650.8-196.7-25.4-0.81.9-6.3-52.4-519.7
Op. Profit Mgn % -2.237.5-0.73.9-4.40.41.10.1-7.5-20.2
Net Profit Mgn % -14.9-10.6-2.3-9.812.8-7.8-0.10.3-1.1-6.6-30.4
Debt to Equity -7.4-4.6-3.3-20.100000-
Working Cap Days 14111094101562101075758600
Cash Conv. Cycle 6952535821-19-15-3-16-390

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

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

Latest Financials - Hind Syntex Ltd.

Standalone Consolidated
TTM EPS (₹) -3.6 -
TTM Sales (₹ Cr.) 14.9 -
BVPS (₹.) -1.9 -
Reserves (₹ Cr.) -15 -
P/BV -0.86 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 1.66 / 1.66
All Time Low / High (₹) 1.66 / 126.25
Market Cap (₹ Cr.) 2.1
Equity (₹ Cr.) 12.7
Face Value (₹) 10
Industry PE 11.8

Management X-Ray:

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

Analyst's Notes

News

About Hind Syntex Ltd

In 1982, Ravi Mohan promoted Hind Syntex Ltd. to manufacture synthetic blended Yarn. The first unit of the company was setup in the outskirts of Dewas to provide employment to the local population and the second unit, was setup in 1991, in the outskirts of Bhopal. Currently the company is one of the leading producer of synthetic blended yarn in the country.

Hind Syntex is a part of Hind group of companies. The Hind Group of Companies, Hind Filters Ltd., Hind Syntex Ltd., Hind Spinners (Division of Hind Syntex Ltd.) & Dewas Soya Ltd., have been promoted by Ravi Mohan, who belongs to one of the oldest business families in India.

Hind Syntex’s Synthetic Spinning Unit was set up in 1983 to manufacture Polyester/Viscose and 100% Viscose Electronically cleared, Spliced Autoconed, TFO and Non-TFO, Blended Yarn both Raw White and Dyed, at Village Birgod, District Dewas, M.P., India, with initial complement of 19200 Spindles, and in two years time it became the leading manufacturer of high quality Blended Yarn in India. The capacity of the spinning unit was increased and at present it has 28,800 spindles running entirely on Dyed Yarn.The Hind Group of Companies, Hind Filters Ltd., Hind Syntex Ltd., Hind Spinners (Division of Hind Syntex Ltd.) & Dewas Soya Ltd., have been promoted by Mr.Ravi Mohan, who belongs to one of the oldest business families in India.

Hind Syntex has also setup a new Synthetic Spinning Unit, Hind Spinners (Div. of Hind Syntex) with an initial complement of 28320 Spindles at Pillukhedi, near Bhopal to manufacture Polyester/ Viscose/ 100% Polyester and 100% Viscose electronically cleared, Spliced Auto Coned Raw White in 1991. 8448 new Spindles have been added to this unit in the year 1998 making at total of 36768 spindle in this unit.

It is exporting, Polyester/Viscose, Spliced Auto coned, TFO Yarn both Raw White and Dyed to the leading Fabric manufacturers in UK and Europe, for the last five years.The mills have state of art machinery from Lakshmi-Rieter, Vouk, Schlafhorst, Volkmann etc. at both Dewas & Bhopal Units. They have a competent team of qualified Textile Technologists, Engineers and Commercial Managers to look after its production, sales and distribution. Hind Syntex is quoted on the Mumbai, Calcutta and Indore Stock Exchanges. The Equity Capital is Rs. 108.87 million and Reserves are Rs. 84 million.The company has setup a captive power station of 2.5 MW capacity at Hind Syntex Ltd. Birgod Unit. 

Hind Spinners is a division of Hind Syntex- a new Synthetic Spinning Unit of 28, 320 spindles was set up at Pillukhedi, near Bhopal MP India, to manufacture Polyester/ Viscose/100% polyster and 100% Viscose Electronically cleared, Spliced Autoconed Raw White Yarn in 1991. 8448 new spindles have been added to this unit in the year 1998 making at total of 36768 spindles in this unit.

Product manufactured by the company:

The company manufactures Single as well as Doubled Dyed & Grey Yarn for domestic and export markets in count range from 1/10 to 1/30 autoconed and 2/10’s to 2/30’s in Auto TFO quality. For domestic market we also manufacture 2/30’s non Auto TFO quality, in Grey & Dyed.

Achievements/ recognition:

The company is ISO 9002 certified by Bureau of Indian Standards.

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