X

Bala Techno Synthetics Ltd Stock Analysis

Small Cap
Evaluated by 28 users | BSE: 514199 | NSE: |
Textile
Bala Techno Synthetics formerly Bala Techno Industries is a well known name of the Kolkata based Bala Group essentially being in the field of Textiles for more than three decades with a combined group turnover of $100 Million, is involved in the manufacture of narrow woven and knit fabrics for...

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'02Mar'03Mar'04Mar'05Jun'06Mar'11Mar'12Mar'13Mar'14Mar'15
Return on Capital Employed 08.74%23.41%17.34%11.89%7.82%7.68%8.66%6.36%5.25%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 036.134.446.659.812260.7135157225
Y-o-Y Gr. Rt.-NA-4.7%35.6%28.2%104.3%-50.3%121.7%16.3%43.5%
Adjusted EPS (Rs.) 0-0.142.031.350.990.090.110.09-0.13-0.41
Y-o-Y Gr. Rt.-NANA-33.5%-26.7%-90.9%22.2%-18.2%-244.4%NA
Book Value per Share (Rs.) 00.892.864.2511.041515.0715.1715.0810.95
Adjusted Net Profit 0-0.11.40.90.70.10.10.1-0.1-0.3
Net Op. Cash Flow (Rs. Cr.) 01.7-0.4-1.7-6.93.618.24.935.8
Debt to Cash Flow from Ops 04.22-18.77-6.4-2.0411.391.485.469.384.72
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.
Bala Techno Synthetics Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales NA30.3%54.7%43.5%
Adjusted EPS NA-183.8%-255.1%NA
Book Value per Share 0-0.2-10.1-27.4
Share Price - - - -
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'02Mar'03Mar'04Mar'05Jun'06Mar'11Mar'12Mar'13Mar'14Mar'15
Return on Equity (%) 0-1.6748.6423.2710.520.50.660.51-0.44-1.08
Operating Profit Margin (%) 05.197.696.635.084.078.913.893.142.07
Net Profit Margin (%) 0-0.274.0821.150.050.130.05-0.06-0.13
Debt to Equity 03.312.142.471.63.42.242.220.981.07
Working Capital Days 0184192178123152407162143110
Cash Conversion Cycle 064-1412867147557865
Entity Percentage Holding
Promoters 37.31%
Institutions 8.74%
Non-Institutions 53.95%
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.

Data is not available for this company.

Data is not available for this company

Bala Techno Synthetics formerly Bala Techno Industries is a well known name of the Kolkata based Bala Group essentially being in the field of Textiles for more than three decades with a combined group turnover of $100 Million, is involved in the manufacture of narrow woven and knit fabrics for use in the Apparel and lingerie industries supplying both in the domestic and international markets.

Bala Techno’s extensive range of narrow fabrics encompasses the

Bala Techno Synthetics formerly Bala Techno Industries is a well known name of the Kolkata based Bala Group essentially being in the field of Textiles for more than three decades with a combined group turnover of $100 Million, is involved in the manufacture of narrow woven and knit fabrics for use in the Apparel and lingerie industries supplying both in the domestic and international markets.

Bala Techno’s extensive range of narrow fabrics encompasses the wants and needs its customers have for their product. Specializing in the manufacture of Woven and Knitted Elastic and non-Elastic Narrow Fabric and Distinguished, Bala Techno’s Products are trusted by international companies and brands such as Sara Lee in the USA and Jordache in Canada.

Through a professional, dedicated, and experienced team, vertical production efficiency, and the latest in technologically advanced machinery, Bala Techno meets its customers’ needs and those of an ever-changing and dynamic global market.

It is one of the largest and oldest manufacturers of narrow woven fabrics having a monthly production capacity of approximately 2.5 million metres producing a variety of elastics for use in the lingerie and Apparel industries. It is making all efforts to enter the potentially lucrative sportswear industry as well in the near future.

The company also has a Dyeing plant where the fabric is dyed and mercerized according to customers specifications mainly for locally based garment exporters based in Kolkata.

The company’s flagship company Pacific Cotspin (PCL) is a 100% EOU, manufacturing high quality 100% combed cotton yarns of knitting and weaving grades.Its main export markets are South Korea, Bangladesh, Korea, Egypt, Morocco and Mauritius.

Business area of the company

Bala Techno Industries promoted by the Kolkata based Mehras engaged in the manufacturing of textile fabrics, elastic tapes, processing, mercerizing and dyeing of textile knit fabrics and export of jacquard tapes to top garment exporters based in the domestic market and Bangladesh.

The company is also expanding the existing narrow woven fabrics Line to cater to increased demand for exports with the introduction of 3 new fully automatic technologically advanced high -hook machines specially for premium export orders only. In view of the ever increasing demand for such products, it is further planning to upgrade its existing facility located at Falta Industrial Growth Centre (under Special economic Zone) for export to other potentially lucrative countries.

 

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback