Anjani Synthetics Ltd - Stock Valuation and Financial Performance

BSE: 531223 | NSE: | Textile | Small Cap

Anjani Synth Share Price

43.19 0.65 1.53%
as on 12-Apr'24 10:15

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Anjani Synthetics stock performance -

mw4me loader
P/E Ratio (SA):
16.76
Market Cap:
62.8 Cr.
52-wk low:
26.4
52-wk high:
49.9

Is Anjani Synthetics Ltd an attractive stock to invest in?

1. Is Anjani Synthetics Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Anjani Synthetics Ltd is a average quality company.

2. Is Anjani Synthetics Ltd undervalued or overvalued?

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

3. Is Anjani Synthetics Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Anjani 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 Anjani 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.
Anjani Synthetics Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 10.4%9.9%9.4%6.8%5.7%5.9%7%5.2%5.5%5.2%-
Value Creation
Index
-0.3-0.3-0.3-0.5-0.6-0.6-0.5-0.6-0.6-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 323343395370345309327268305328272
Sales YoY Gr.-6.4%15.2%-6.5%-6.7%-10.4%5.9%-18.1%13.8%7.7%-
Adj EPS 1.92.63.42.71.51.82.422.72.32.5
YoY Gr.-33.2%30.4%-18.5%-44.7%21.9%27.7%-17%40.5%-14.6%-
BVPS (₹) 32.336.139.642.440.142.244.947.250.753.555.2
Adj Net
Profit
2.12.83.632.22.73.52.943.54
Cash Flow from Ops. 10.96.120.819.89.12819.5-5.27.220.5-
Debt/CF from Ops. 5.811.43.94.59.22.52.8-12.692.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.2%-1%0.1%7.7%
Adj EPS 2.2%9.2%-0.1%-14.6%
BVPS5.8%5.9%6%5.4%
Share Price 25.3% 22.2% 19.1% 52.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
6.27.58.96.74.24.55.44.25.64.54.7
Op. Profit
Mgn %
54.94.94.84.45.34.83.73.43.13.8
Net Profit
Mgn %
0.70.80.90.80.70.91.11.11.31.11.4
Debt to
Equity
1.81.81.921.41.10.80.90.90.6-
Working Cap
Days
17717916017019021519323621519899
Cash Conv.
Cycle
1261301131191311259012412511935

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.64

Return on Equity has declined versus last 3 years average to 4.70%

Sales growth has been subdued in last 3 years 0.10%

Net Profit has been subdued in last 3 years -0.14%

Sales growth is not so good in last 4 quarters at -13.00%

Latest Financials - Anjani Synthetics Ltd.

Standalone Consolidated
TTM EPS (₹) 2.5 -
TTM Sales (₹ Cr.) 272 -
BVPS (₹.) 55.2 -
Reserves (₹ Cr.) 67 -
P/BV 0.77 -
PE 16.76 -
From the Market
52 Week Low / High (₹) 26.42 / 49.90
All Time Low / High (₹) 0.75 / 80.00
Market Cap (₹ Cr.) 62.8
Equity (₹ Cr.) 14.8
Face Value (₹) 10
Industry PE 29.2

Management X-Ray of Anjani 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 Anjani Synth

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales322.67343.22395.37369.56344.93308.99327.20267.86304.71328.19
Operating Expenses 306.44326.47376.17351.76329.75292.49311.50258.10294.35318.02
Manufacturing Costs75.9484.12104.4477.7281.7481.9275.7736.1747.3661.44
Material Costs222.23232.12262.80263.62235.97194.15218.71204.51238.40247.79
Employee Cost 3.133.764.274.907.179.468.778.446.125.31
Other Costs 5.146.474.655.524.866.968.258.982.473.48
Operating Profit 16.2316.7519.2117.8015.1916.4915.709.7610.3610.16
Operating Profit Margin (%) 5.0%4.9%4.9%4.8%4.4%5.3%4.8%3.6%3.4%3.1%
Other Income 1.092.260.321.562.431.021.203.232.242.03
Interest 11.4210.6810.408.408.087.607.665.4054.96
Depreciation 1.932.764.186.024.585.364.453.592.752.60
Exceptional Items 0000000000
Profit Before Tax 3.975.574.944.934.954.554.7844.854.62
Tax 1.291.291.211.871.821.551.211.100.851.14
Profit After Tax 2.684.283.743.063.1433.572.9143.48
PAT Margin (%) 0.8%1.2%0.9%0.8%0.9%1.0%1.1%1.1%1.3%1.1%
Adjusted EPS (₹)2.54.03.52.82.12.02.42.02.72.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 34.913942.7445.8059.2162.2166.2569.6474.8178.89
Share Capital 10.8010.8010.8010.8014.7514.7514.7514.7514.7514.75
Reserves 24.1128.2031.943544.4647.4651.5054.8960.0664.14
Minority Interest0000000000
Debt63.1968.6779.0286.4680.6565.7853.4864.796146.43
Long Term Debt0.044.419.6914.757.083.433.7916.8311.987.60
Short Term Debt63.1564.2669.3371.7173.5762.3549.6947.9649.0138.83
Trade Payables38.7630.4641.8235.5853.2460.1468.2150.8361.6051.97
Others Liabilities 48.9444.6846.6126.9028.8014.2012.0111.0214.8415.45
Total Liabilities 185.79182.81210.19194.73221.90202.33199.96196.28212.24192.74

Fixed Assets

Gross Block44.7844.1665.1665.7564.0165.8467.1566.7666.1518.76
Accumulated Depreciation29.5631.8035.0440.1937.9441.1545.5448.2048.952.35
Net Fixed Assets15.2312.3630.1225.5626.0724.6821.6118.5617.2116.42
CWIP 0.440.4600.300.910.450000
Investments 1.251.251.411.412.343.994.635.276.837.63
Inventories51.4557.6352.7654.5265.6367.9346.0340.6555.1461.59
Trade Receivables106.9799.96111.21105.40110.5383.48108.89112.42117.1292.28
Cash Equivalents 0.630.601.030.370.351.270.110.160.800.05
Others Assets9.8210.5413.657.1616.0720.5218.7019.2215.1314.77
Total Assets 185.79182.81210.19194.73221.90202.33199.96196.28212.24192.74

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 10.936.0620.7519.759.0627.9519.45-5.187.2020.51
PBT 3.975.574.944.934.954.554.7844.854.62
Adjustment 12.6810.7113.9713.7411.5312.3511.839.047.677.46
Changes in Working Capital -4.42-8.942.712.88-5.5212.674.2-16.94-4.039.63
Tax Paid -1.30-1.29-0.89-1.66-1.78-1.62-1.37-1.28-1.30-1.20
Cash Flow From Investing Activity -3.022.14-21.33-1.474.39-4.86-0.92-0.80-1.32-1.71
Capex -3.212.06-21.31-1.59-5.52-3.29-0.93-0.80-1.42-1.82
Net Investments 00-0.1609.34-1.650000
Others 0.190.090.140.120.570.070.0100.110.11
Cash Flow From Financing Activity -7.80-8.200.99-18.96-13.50-22.16-19.686.02-5.26-19.54
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000000013.04-4.85-4.38
Interest Paid -10.96-10.19-10.10-8.01-7.70-7.30-7.38-5.20-5-4.96
Dividend Paid 0000000000
Others 3.16211.09-10.95-5.80-14.87-12.30-1.824.59-10.19
Net Cash Flow 0.1100.40-0.68-0.050.92-1.160.050.62-0.73
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)7.9711.599.146.925.984.945.554.285.544.53
ROCE (%)15.9415.7713.210.279.388.889.927.387.197.14
Asset Turnover Ratio1.861.862.011.831.661.461.631.351.491.62
PAT to CFO Conversion(x)4.081.425.556.452.899.325.45-1.781.85.89
Working Capital Days
Receivable Days10411097107114115107151137116
Inventory Days62585153647964595765
Payable Days56545054691071071068684

Anjani Synthetics Ltd Stock News

Anjani Synthetics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Anjani Synth on 12-Apr-2024 10:15 is ₹43.19.
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 12-Apr-2024 10:15 the market cap of Anjani Synth stood at ₹62.75.
The latest P/E ratio of Anjani Synth as of 12-Apr-2024 10:15 is 16.76.
The latest P/B ratio of Anjani Synth as of 12-Apr-2024 10:15 is 0.77.
The 52-week high of Anjani Synth is ₹49.90 and the 52-week low is ₹26.42.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Anjani Synth is ₹271.8 ( Cr.) .

About Anjani Synthetics Ltd

Anjani Synthetics, incorporated in 1984, is recognized player in the business of textiles, made ups and home textiles.

The company was founded in Ahmedabad with an objective to produce world class textiles, made up and home textiles for international market. Anjani Synthetics is government recognised export house.

Company’s product range includes bed sheets, dress materials, shirting, scarves, curtains, flannel and seer sucker. Company is also specialized in printing of flannel, seer sucker, micro twill etc.

Company’s stitching unit is spread over land area of 1,00,000 sq. feet and encompasses over 100 juki stitching machines. The company has daily capacity is to produce 10,000 bed sets. Anjani processes fabrics such as 100% Cotton, 100% Rayon, 100% Polyester, PC Blended and PV Blended.

The shares of the company are listed at Ahmedabad Stock Exchange (ASE) and Bombay Stock Exchange (BSE).

Company is ISO 9001:2008 certified textile maker. Its products are approved by Oeko-Tex standards.

Its manufacturing plant is located at 140, Pirana Road, Piplej, Ahmedabad-382405 in Gujarat.

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