AYM Syntex Ltd Stock Analysis

BSE: 508933 | NSE: AYMSYNTEX | Textile | Small Cap

BSE Share Price May 20, 16:05
104.15 1.80 (1.76%)

DeciZen - Make an Informed Decision on AYM Syntex

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

FAQs

1. Is AYM Syntex Ltd a good quality company?

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

2. Is AYM Syntex Ltd undervalued or overvalued?

The key valuation ratios of AYM Syntex Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is AYM Syntex Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of AYM Syntex Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of AYM Syntex:

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.
AYM Syntex 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'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 14.1%12.1%13%18.1%17.3%12.8%5.1%5%7.9%6.9%-
Value Creation Index 0.0-0.1-0.10.30.2-0.1-0.6-0.6-0.4-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 6127768968358017798509921,0289471,491
YoY Gr. Rt. %-26.9%15.5%-6.9%-4.1%-2.7%9.1%16.7%3.6%-7.8%-
Adj EPS 5.54.46.111.112.510.21.41.14.23.410.1
YoY Gr. Rt. %--20.5%41.2%81.1%12.6%-18.9%-85.9%-21.7%271.4%-19.2%-
BVPS (₹) 2927.428.837.349.559.763.664.568.571.381.7
Adj Net Profit 12.917.124.143.749.239.86.55.120.816.851
Cash Flow from Ops. 23.6-14.346.391.212058.72587.679.2100-
Debt/CF from Ops. 4.9-13.84.52.21.7410.33.63.22.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5%3.4%3.7%-7.8%
Adj EPS -5.3%-23.1%32.9%-19.2%
BVPS 10.57.63.94
Share Price 26% 5.3% 44.3% 67.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 16.918.321.933.728.918.62.51.76.44.813.2
Op. Profit Mgn % 6.86.27.410.213.412.67.57.39.210.110.8
Net Profit Mgn % 2.12.22.75.26.15.10.80.521.83.4
Debt to Equity 1.51.81.91.41.110.91.10.70.60.4
Working Cap Days 7372737677818910311613493
Cash Conv. Cycle 3735383836394548536316

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 13.20%

Debt to equity has declined versus last 3 years average to 0.62

Sales growth is good in last 4 quarters at 91.61%

Sales growth has been subdued in last 3 years 3.67%

Latest Financials - AYM Syntex Ltd.

Standalone Consolidated
TTM EPS (₹) 10.1 -0.6
TTM Sales (₹ Cr.) 1,491 280
BVPS (₹.) 81.7 0
Reserves (₹ Cr.) 360 28
P/BV 1.25 0.00
PE 10.11 0.00
From the Market
52 Week Low / High (₹) 57.35 / 158.50
All Time Low / High (₹) 1.88 / 163.50
Market Cap (₹ Cr.) 514
Equity (₹ Cr.) 50.2
Face Value (₹) 10
Industry PE 13.3

Management X-Ray of AYM Syntex :

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 AYM Syntex Ltd

Welspun Syntex Limited (WSL) a Welspun Group company was established in 1982 and is the flagship company under the Welspun umbrella. Since its inception W.S.L. has grown manifold and today is amongst the largest manufacturers and exporters of polyester texturised filament yarn from India. With plants located at Silvassa and Palghar, India W.S.L. is well equipped to meet the domestic as well as international demand. It has marketing offices located at Surat and Mumbai in India that facilitate big business ventures.

Welspun is relocating the fashion capital of the world. No wonder Welspun Syntex Ltd., is one of the largest exporters of polyster texturised filament yarn from India. Additionally, the company is the leading manufacturer of specialty polyester filament yarn from India. Welspun is a leading conglomerate in every sphere of its operations, be it yarns, SAW pipes or terry towels.

Today Welspun Syntex has two state-of-the-art plants at Silvassa & Palghar.

Silvassa  plant- Approximately 200 kms north of Mumbai, in the Union Territory of Dadra and Nagar Haveli, the location of Silvassa plant is perfectly poised between the two most important textiles states of India, Gujarat and Maharashtra. The Silvassa plant is equipped with the latest technology indigenously redesigned for optimum production capacity and flexible manufacturing system to produce a very wide product range in POY and processed polyester filament yarns which includes micro deniers, cationic dyeable, dope dyed, easy dyeable, trilobal, semi-dull and bright and many more specialty yarns which are continuously researched and upgraded into newer qualities.

Palghar plant- Palghar, a small town 80kms north of Mumbai, has a special place in the making of Welspun group. Palghar plant enjoys the advantages of ideal geographical location to efficiently handle all the logistics to facilitate prompt shipments to the Indian and overseas customers. It includes package dyed polyester texturised yarns, dyed and twisted bright trilobal polyester filament flat yarns, polyester texturised yarns twisted or untwisted on perforated polypropylene dyeing tubes, twisted raw white/bright trilobal polyester texturised and flat yarns, shrunk wrapped dyeing tubes for optimisation of productivity of customers, small weights and precision wound dyed yarns upto 500gms/bobbin etc.

Product range of the company includes:

  • Polyester Partially Oriented Yarn (POY)
  • Polyester Fully Drawn Yarns (FDY)
  • Polyester Mono Filament Yarns (PMFY)
  • Polyester Filament Yarn (PFY)
  • Polyester Draw Texturised Yarn ( DTY/PTY)
  • Air Textured Yarns (PATY)
  • Speciality Polyester Filament Yarns (SPFY)
  • Nylon Yarns

Milestones:

  • 2012 - Ramkrishna Bajaj National Quality Merit Award for Welspun Vidya Mandir
  • 2011 - Best Indian Manufacturing Company in the US
    7th Indo American Corporate Excellence Awards
    Star Performer
    Top Exporter for the Year 2010-11-Gold Trophy  
    Information Week EDGE 2011
  • 2010 - Star Performer Award for the year 2008-09
    All India Export Excellence Awards
    Top Indian Company under the Metal Pipes
  • 2007: Ranked 39 th in ‘ India Top 100 Corporates 2007' – Standard & Poor's & CRISIL., March 2007
  • 2007: CNBC TV18 -International Trade Awards - Outstanding Textile Exporter
  • 2006 : Textile Promotion Council (Texprocil) Gold & Silver Trophies for the year 2005- 06             Engineering Export Promotion Council ( EEPC) Award for the highest export  - Iron and Steel based   product - non SSI             Gold Trophies :  Highest Exports of Madeups in the Manufacturer Exporter category.            Special Achievements in Madeups category.            Silver Trophy :  Special Achievements in Madeups category.
  • 2005 : Textile Promotion Council (Texprocil) Gold Trophy for Outstanding export Performance in Made-ups
  • 2004 : Federal Express and Economic Times - Leaders in Innovation            Recognised as one of the fastest growing steel company by Construction World-NICMAR 
  • 2001-02, 2002-03 :  Export performance Awards from Engineering Export promotion council (EEPC)
  • 2003 :  Operational Excellence Award from J.C. PENNY stores, USA
  • 2002 :  Shopco Stores Inc. – Best Vendor of the year Award 
  • 2002 : Walmart – Best Vendor of the year Award 
  • 1999-2000, 2000-01, 2001-02 & 2003-04 : Textile Promotion Council (Texprocil) Gold trophy for outstanding Export performance & special achievement
  • 1999-2000 : Textile Promotion Council (Texprocil) Gold trophy for special achievement for Outstanding performance in- Made-ups & Highest Exporter
  • 1997-98 : Govt of Gujarat’s Outstanding Export Performance Award 
  • 1996-97 : Govt of India’s National Exports Award for Outstanding Performance                 Outstanding Exports Award for Outstanding Export Performance by the Ministry of Industry & Commerce, Govt. of India
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