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Premier Synthetics Ltd Stock Analysis

Small Cap
Evaluated by 83 users | BSE: 509835 | NSE: |
Textile - Spinning
Premier Synthetics was incorporated originally as Premier Synthetics and Processors (PSPL) in the state of Maharashtra on October, 1970 by the original promoter B K Jhunjhunwala for setting up a cloth processing unit at Village Pawne (Maharashtra) with IFCI assistance.Thereafter, it became a...

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 -5.63%0.44%10.45%9.99%3.2%2.99%3.41%4.18%4.26%0.22%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 9.714.318.322.416.2149.646.346.442.9
Y-o-Y Gr. Rt.-47.5%28%22.1%-27.7%-13.6%-31.4%383.2%0%-7.4%
Adjusted EPS (Rs.) -6.82-2.1511.937.811.482.041.582.543.920.03
Y-o-Y Gr. Rt.-NANA-34.5%-81.1%37.8%-22.6%60.8%54.3%-99.2%
Book Value per Share (Rs.) -127.13-14.21-13.78-6.54-27.72-28.03-26.4420.1724.6235.24
Adjusted Net Profit -2.5-0.84.42.90.50.70.61.21.80
Net Op. Cash Flow (Rs. Cr.) 0.3-2.51.710.24.98.3-1.4-5.1-1.23.9
Debt to Cash Flow from Ops 299.96-17.9920.921.924.430.17-9.78-3.34-16.482.35
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.
Premier Synthetics Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 18%21.6%64.8%-7.4%
Adjusted EPS NA-54.2%-73.3%-99.2%
Book Value per Share 00043.1
Share Price -2.7% -13.5% -54.9% 960.9%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 7.024.8298.7621.42.965.175.887.857.120.05
Operating Profit Margin (%) 6.1815.8722.1422.9626.1524.4123.892.244.061.77
Net Profit Margin (%) -25.61-5.4823.7412.733.345.316.022.513.890.04
Debt to Equity -2.1610.57.832.76-35.84-1.97-1.391.851.710.56
Working Capital Days 81162742218215511418483122133
Cash Conversion Cycle 6844492741199039284792107
Entity Percentage Holding
Promoters 48.03%
Institutions 4.05%
Non-Institutions 47.92%
Pledged *0.000.000.000.000.000.000.0014.8614.8614.86
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

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

Premier Synthetics Ltd earnings have declined by -54.2%, whereas share price has depreciated -13.5% 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.

We analysed the performance of Premier Synthetics Ltd share prices over the last 10 years. Here is what we found out:

Premier Synthetics Ltd share price has depreciated -2% annually over the past ten years.

Premier Synthetics was incorporated originally as Premier Synthetics and Processors (PSPL) in the state of Maharashtra on October, 1970 by the original promoter B K Jhunjhunwala for setting up a cloth processing unit at Village Pawne (Maharashtra) with IFCI assistance.

Thereafter, it became a sick company and in the year 1985 the controlling interest of PSPL was acquired by Anand Arya. Under the stewardship of Anand Arya, the company turned the corner in the

Premier Synthetics was incorporated originally as Premier Synthetics and Processors (PSPL) in the state of Maharashtra on October, 1970 by the original promoter B K Jhunjhunwala for setting up a cloth processing unit at Village Pawne (Maharashtra) with IFCI assistance.

Thereafter, it became a sick company and in the year 1985 the controlling interest of PSPL was acquired by Anand Arya. Under the stewardship of Anand Arya, the company turned the corner in the year 1990 and since then it was continuously making profits and declaring dividend to its shareholders till 1997. The name of the company was changed to Premier Synthetics (PSL) in 1992.

Service range

  • Dyeing, printing, chemical processing of manmade fabrics
  • Import and export manmade fibers, deal in synthetics
  • Buying and selling of linen, cotton, silk satin etc.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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