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Garware Synthetics Ltd Stock Analysis

Small Cap
Evaluated by 43 users | BSE: 514400 | NSE: |
Textile - Spinning
Garware Synthetics was established on September 1, 1969 under the name of Garware Synthetic Bristles Private Limited. It was amongst the first companies in India in the business of manufacturing bristles.The name of the company was changed to Garware Synthetics Private Limited on September 18,...

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
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 3.74%28.98%-0.84%-1.1%43.69%12.08%23.91%7.17%-1.96%1.72%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 5.57.67.47.48.17.98.59.610.69.1
Y-o-Y Gr. Rt.-40.2%-3.5%0.8%9%-2.5%8.1%12.4%10.8%-14.4%
Adjusted EPS (Rs.) 0.251.12-0.06-0.041.20.290.810.59-0.550.19
Y-o-Y Gr. Rt.-348%-105.4%NANA-75.8%179.3%-27.2%-193.2%NA
Book Value per Share (Rs.) -8.75-8.5-8.06-7.9-4.64-4.36-3.13-2.72-4.9-4.71
Adjusted Net Profit 0.10.6000.70.20.50.3-0.30.1
Net Op. Cash Flow (Rs. Cr.) 0.1-0.21.30.100.10.30.3-1.8-0.5
Debt to Cash Flow from Ops 92.29-23.454.7342.34-108.5431.7416.741.23-6.93-24.61
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Garware Synthetics Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 5.9%2.4%2.2%-14.4%
Adjusted EPS -3%-30.8%-38.3%NA
Book Value per Share 0000
Share Price - 0.9% -0.3% 1186.9%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) -2.77-17.570.960.44-20.43-7.03-22.84-20.9414.66-3.95
Operating Profit Margin (%) 2.344.171.03-5.73-1.431.154.795.110.283.21
Net Profit Margin (%) 2.548.13-0.44-0.268.622.115.493.59-2.981.21
Debt to Equity -1.35-1.02-1.35-1.36-1.7-1.79-2.43-6.44-4.36-4.72
Working Capital Days 505386948490919392105
Cash Conversion Cycle -158-41-27-77-68-65-56-2780
Entity Percentage Holding
Promoters 45.78%
Institutions 0.01%
Non-Institutions 54.21%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Garware Synthetics Ltd's performance infers:

Garware Synthetics Ltd earnings have declined by -30.8%, whereas share price has appreciated 0.9% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

Data is not available for this company

Garware Synthetics was established on September 1, 1969 under the name of Garware Synthetic Bristles Private Limited. It was amongst the first companies in India in the business of manufacturing bristles.

The name of the company was changed to Garware Synthetics Private Limited on September 18, 1974.  On June 8, 1992 company was converted into a public limited company. For over two decades, GSL's products sold under the brand name Garflom

The company’s product portfolio

Garware Synthetics was established on September 1, 1969 under the name of Garware Synthetic Bristles Private Limited. It was amongst the first companies in India in the business of manufacturing bristles.

The name of the company was changed to Garware Synthetics Private Limited on September 18, 1974.  On June 8, 1992 company was converted into a public limited company. For over two decades, GSL's products sold under the brand name Garflom

The company’s product portfolio comprise nylon monofilaments and bristles, nylon fishing lines, nylon tubings, extruded nylon rods and pipes, cast nylon rods and bushes, cast nylon machinery parts, moulded components and polytetrafluoroethylene (PTFE) rods.

The company's production capacity has increased from 100 MT per annum in 1969 to 585 MT per annum at present.

Garware Synthetics' registered office is located at 101 Madhu Kunj, Plot No 285, Shree-e-Punjab Society, Mahakali Caves Road, Andheri (E), Mumbai 400093.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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