Konark Synthetic Ltd Stock Analysis

BSE: 514128 | NSE: | Textile | Small Cap

BSE Share Price 20-Mar-2023 18:02
13.11 0.00 (0.00%)

DeciZen - Make an Informed Decision on Konark Synthetic

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Konark Synthetic Price Chart

P/E Ratio ( SA) :
17.15
Market Cap :
7.6 Cr.
52-wk low :
10.3
52-wk high :
17
Bole Toh?

1. Is Konark Synthetic Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Konark Synthetic Ltd is a below average quality company.

2. Is Konark Synthetic Ltd undervalued or overvalued?

The key valuation ratios of Konark Synthetic Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Konark Synthetic Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Konark Synthetic 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 Konark Synthetic:

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.
Konark Synthetic Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 5.9%3.8%3.6%3.8%-0.1%4.5%1.9%-8.4%-17.3%2%-
Value Creation Index -0.6-0.7-0.7-0.7-1.0-0.7-0.9-1.6-2.2-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 10310611411411494.577.671.318.440.156
YoY Gr. Rt. %-2.8%8.2%-0.3%0.6%-17.5%-17.8%-8.2%-74.2%118.2%-
Adj EPS 1.61.910.3-5.91.2-2.6-15.3-20.5-1.80.8
YoY Gr. Rt. %-16.9%-44.9%-70.9%-2070%NA-322.4%NANANA-
BVPS (₹) 50.952.852.152.450.549.446.718.120.720.219.6
Adj Net Profit 0.91.10.60.2-3.40.7-1.5-8.9-11.9-1.10
Cash Flow from Ops. -16.10.84.716.27.36.36.2-0.5-22.61-
Debt/CF from Ops. -4.278.113.83.287.87.4-94.7-1.630.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -9.9%-18.9%-19.8%118.2%
Adj EPS -201.4%NANANA
BVPS -9.8-16.8-24.4-2.8
Share Price 4.3% 4.7% -4.8% -10.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 3.23.620.6-11.52.3-5.4-47.1-105.6-8.83.8
Op. Profit Mgn % 7.65.86.86.52.355-2-41.25.35.7
Net Profit Mgn % 0.910.50.2-30.7-1.9-12.4-64.8-2.60.8
Debt to Equity 2.32.12.11.721.71.74.832.6-
Working Cap Days 2292632472071852252713111,0544120
Cash Conv. Cycle 1201381371331241501721776012320

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 3.80%

Debt to equity has declined versus last 3 years average to 2.61

Sales growth is good in last 4 quarters at 63.91%

Sales growth has been subdued in last 3 years -19.76%

Latest Financials - Konark Synthetic Ltd.

Standalone Consolidated
TTM EPS (₹) 0.8 -2.9
TTM Sales (₹ Cr.) 55.5 55.5
BVPS (₹.) 19.6 -34.8
Reserves (₹ Cr.) 6 -26
P/BV 0.67 -0.38
PE 17.15 0.00
From the Market
52 Week Low / High (₹) 10.25 / 17.00
All Time Low / High (₹) 4.65 / 92.20
Market Cap (₹ Cr.) 7.6
Equity (₹ Cr.) 5.8
Face Value (₹) 10
Industry PE 22.5

Management X-Ray of Konark Synthetic :

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 Konark Synthetic

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Konark Synthetic Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Konark Synthetic on 20-Mar-2023 18:02 is : 13.11.
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 20-Mar-2023 18:02 the market cap of Konark Synthetic stood at ₹ 7.61.
The latest PE ratio of Konark Synthetic as of 20-Mar-2023 18:02 is 17.15.
The latest PB ratio of Konark Synthetic as of 20-Mar-2023 18:02 is 0.67
The 52-week high of Konark Synthetic is ₹ 17.00 and the 52-week low is ₹ 10.25.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Konark Synthetic is ₹ 55.51 ( Cr.) .

About Konark Synthetic Ltd

Konark Synthetics (KSL) was incorporated in the year 1984 and is promoted by Prakash Dalmia and Ram Niranjan Tibrewala. The company has two plants, one in Palghar and the other at Silvassa for fancy twisting and air texturising respectively.   

In 1989, KSL went public with an equity issue at par of Rs.60 lakh to part finance its expansion. The expansion envisaged setting up two more units at Silvassa and Palghar for air texturising and fancy twisting respectively.  It acquired the air texturising technology and machines from Japanese AIKI. An expansion project for projectile shuttleless weaving with the latest technology is also on the anvil. The group is also setting up another export oriented unit for the manufacture of terry towels. The Silvassa unit (Dadra & Nagar Haveli) was commissioned from July 1989, while the Palghar (Thana) unit was commissioned in 1987.        

During 1989-90, the fancy unit at Palghar suffered a setback due to reduced activity on  account of frequent labour agitations, decrease in average sales realisation of fancy yarns and increase in input yarn prices. In 1990-91, the Palghar unit remained closed due to a labour agitation. However, an agreement was arrived at with the union and the production was resumed from April 1991, on a single shift basis.

Business areas of the company:

The company is engaged in air-texturising of synthetic yarns and fancy twisting and hollow spindle, fancy doubling and twisting computerised printing of synthetic and blended yarns.

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