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Sintex Industries Ltd (SINTEX)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 502742 NSE: SINTEX Textile | Small Cap | Sintex Industries Share Price

₹2.21 0.00 (0.00%)

As on 10-Feb'23 18:03

Sintex Industries Ltd (SINTEX)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 502742 NSE: SINTEX Textile | Small Cap | Sintex Industries Share Price

₹2.21 0.00 (0.00%)

As on 10-Feb'23 18:03

Key Metrics
Valuation Multiples
Market Cap
₹132 Cr.
Current Price
₹2.2
52-Week Low / High
₹2 / 2
TTM EPS
₹-24.2
TTM Sales
₹3,301 Cr.
Book Value per Share
₹-0.4
P/E Ratio
0.00
Industry PE
39.1
Price to Book (P/B)
-6.21
Price to Sales (P/S)
0.04
EV/EBITDA
30.54
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
0.80%
Return on Capital Employed (ROCE)
4.21%
Return on Assets (ROA)
0.42%
Operating Profit Margin
6.3%
Net Profit Margin
0.54%
Gross Profit Margin
3.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
3.92%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
24.49%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
4.00%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-81 Cr.
Equity
₹59.9 Cr.
Face Value
₹1
All Time Low / High
₹0.56 / 302.17

Sintex Industries stock performance

Key Ratios
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10 Year X-Ray :

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

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 2.3%2.5%3.1%2.4%-5.9%-5.6%3%57.1%3.2%4.2%-
Value Creation
Index
-0.8-0.8-0.8-0.8-1.4-1.4-0.83.1NANA-

Growth Parameters

Sales 9151,4302,0362,8211,6351,6893,1273,1353,5863,7263,301
Sales YoY Gr.-56.3%42.3%38.6%-42%3.3%85.1%0.3%14.4%3.9%-
Adj EPS 2.22.12.10.2-20.6-16.8-9.50.4-00-24.2
YoY Gr.--3.7%3.4%-89.7%-9445.5%NANANA-105.4%NA-
BVPS (₹) 108.471.7747452.731.321.832.93-0.4
Adj Net
Profit
97.811312713-1,221-1,004-567313-17.93.9-1,451
Cash Flow from Ops. 5316206398421894.58.119.884.9196-
Debt/CF from Ops. 9.26.786.56.129.769.1820.59622.39.7-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 16.9%17.9%6%3.9%
Adj EPS -100%NANANA
BVPS-33%-43.8%-48.6%0.7%
Share Price -30.1% -14.3% - -

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
2.12.63.10.3-32.5-40.1-35.716.3-0.70.2-1863.1
Op. Profit
Mgn %
22.618.814.813.7-188.613.82.45.36.34.5
Net Profit
Mgn %
10.77.96.20.5-74.7-59.5-18.110-0.50.1-44
Debt to
Equity
11.11.21.42.13.55.10.80.80.8-
Working Cap
Days
1,35459330626038930920017812213892
Cash Conv.
Cycle
53923611069583136626975-417

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales914.961,430.452,035.762,820.771,634.921,689.153,126.503,135.033,585.573,726.22
Operating Expenses + 709.041,160.991,734.902,434.671,970.671,544.272,696.813,087.213,395.723,489.88
Manufacturing Costs80.38144.04263.43339.03232.96236.26352.10382.84468.06443.08
Material Costs558.57891.241,271.981,782.011,182.971,115.452,119.692,416.932,689.282,801.42
Employee Cost 60.9195.92146.80178.59157.50134.40163.94173.01189.27206.27
Other Costs 9.1829.7952.69135.04397.2458.1661.08114.4349.1139.11
Operating Profit 205.92269.46300.86386.10-335.75144.88429.6947.82189.85236.34
Operating Profit Margin (%) 22.5%18.8%14.8%13.7%-20.5%8.6%13.7%1.5%5.3%6.3%
Other Income + 75.9483.71119.8191.5527.5156.4677.3669.7750.5856.96
Exceptional Items 00000-426.6403,525.0700
Interest 67.8689.75106.79208.82742.03794.92812.04782.57157.12165.86
Depreciation 72.53132.22142.16232.42284.40281.75262.3198.6099.33107.31
Profit Before Tax 141.47131.20171.7236.41-1,334.67-1,301.97-567.302,761.49-16.0220.13
Tax 31.153.7235.7417.21-84.69-0.1500.3800
Profit After Tax 110.32127.48135.9819.20-1,249.98-1,301.82-567.302,761.11-16.0220.13
PAT Margin (%) 12.1%8.9%6.7%0.7%-76.5%-77.1%-18.1%88.1%-0.5%0.5%
Adjusted EPS (₹)2.42.32.30.3-21.0-21.7-9.53.2-0.00.0
Dividend Payout Ratio (%)28.30%10.70%4.40%0%0%0%0%0%0%0%

Valuation of Sintex Industries - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 4,924.343,906.454,396.584,396.233,129.521,874.401,304.622,533.812,516.522,536.30
Share Capital 44.6654.4759.4159.4159.4159.9259.92857.14857.14857.14
Reserves 4,879.683,851.984,337.174,336.823,070.111,814.481,244.701,676.671,659.381,679.16
Debt +4,527.963,955.815,055.815,314.581,487.711,603.451,741.941,895.251,895.781,753.81
Long Term Debt3,876.653,637.644,233.634,537.440001,895.251,895.781,753.81
Short Term Debt651.31318.17822.18777.141,487.711,603.451,741.94000
Minority Interest0000000000
Trade Payables294.92198.40280.47368.32172.66110.84177.96160.07276.68343.87
Others Liabilities 900.73377.59686.681,374.035,768.046,271.356,945.7924.1035.68197.43
Total Liabilities 10,647.958,438.2510,419.5411,453.1610,557.939,860.0410,170.314,613.234,724.664,831.41

Fixed Assets

Net Fixed Assets +6,397.683,761.775,880.058,305.588,013.477,305.117,043.302,974.723,041.243,090.04
Gross Block6,588.793,969.346,229.038,886.628,873.468,873.468,873.968,015.788,106.737,562.85
Accumulated Depreciation191.11207.57348.98581.04859.991,568.351,830.665,041.065,065.494,472.81
CWIP 172.052,493.232,349.641,009.531,065.121,066.251,066444.45295.64135.09
Investments 357.4034.6221.928.3140.0840.1638.384.564.5934.95
Inventories181.04205.06513.24240.53119.09146.19308.65458.59645.06706.79
Trade Receivables1,540.54478.09550.24484.36163.63128.24336.24307.35398.68432.51
Cash Equivalents 520.49704.11203.5573.7211.3820.0526.61122.7061.8065
Others Assets 1,478.75761.37900.901,331.131,145.161,154.041,351.13300.86277.65367.03
Total Assets 10,647.958,438.2510,419.5411,453.1610,557.939,860.0410,170.314,613.234,724.664,831.41

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 530.64620.3862.95984.07218.0594.548.1319.7584.86195.94
PBT 715.23131.20171.7236.41-1,334.67-875.33-567.302,761.49-16.0220.13
Adjustment 306.93188.71219.10419.701,280.461,089.961,069.08-2,617.19228.87241.99
Changes in Working Capital -337.24389.43-281.21554.24255.54-165.12-491.58-120.56-126.16-67.82
Tax Paid -154.28-88.96-46.66-26.2816.7245.03-2.07-3.99-1.831.64
Cash Flow From Investing Activity + -1,028.80-2,731.30-2,123.14-1,295.93-99.567.963.98-118.097.61-31.14
Capex -1,927.49-2,718.42-2,124.19-1,425.16-116.03-0.63-0.26-68.26-16.99-10.45
Net Investments 643.66-43.52-17.12107.160.5300-49.8719.75-33.63
Others 255.0330.6418.1722.0715.948.594.240.044.8512.94
Cash Flow From Financing Activity + 653.242,272.021,523.49289.08-180.83-93.83-5.55144.56-156.73-165.16
Net Proceeds from Shares 0688.040000060000
Net Proceeds from Borrowing 1,121.71-60.061,130.90552.52-253.34-8.390-1,352.3400
Interest Paid -359.99-89.75-94.32-211.29-199.81-85.25-5.39-3.10-156.73-165.16
Dividend Paid -37.52-37.62-17.10-7.11-0.11-0.19-0.16000
Others -70.961,771.41504.01-45.04272.430-090000
Net Cash Flow 155.08161.10-536.70-22.78-62.348.676.5646.22-64.26-0.36

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)2.422.893.280.44-33.22-52.03-35.69143.87-0.630.8
ROCE (%)2.332.483.122.43-5.94-5.632.9957.143.194.21
Asset Turnover Ratio0.090.150.220.260.150.170.310.420.770.78
PAT to CFO Conversion(x)4.814.870.4651.25N/AN/AN/A0.01N/A9.73
Working Capital Days
Receivable Days595.80257.5092.2066.9072.3031.5027.1037.5035.9040.70
Inventory Days68.5049.3064.4048.8040.1028.7026.6044.7056.2066.20
Payable Days172.2010168.7066.4083.5046.4024.9025.5029.6040.40

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Sintex Industries Ltd FAQs

The current trading price of Sintex Industries on 10-Feb-2023 18:03 is ₹2.21.

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 09-Feb-2023 the market cap of Sintex Industries stood at ₹132.4 Cr

The latest P/E ratio of Sintex Industries as of 09-Feb-2023 is 0.00.

The latest P/B ratio of Sintex Industries as of 09-Feb-2023 is -6.21.

The 52-week high of Sintex Industries is ₹2.21 and the 52-week low is ₹2.21.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sintex Industries is ₹3,301 ( Cr.) .

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

The key valuation ratios of Sintex Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

No data found

About Sintex Industries Ltd

Sintex Industries (Earlier known as The Bharat Vijay Mills) has two divisions - textiles and plastics. In the area of textiles, the company has been pioneers in high value fabrics.

Its Plastics Division started in the year 1975 and today it has most diversified manufacturing capabilities in plastic processing in the world, with 10 plants spread across the country, more than twelve manufacturing processes under one roof, having more than 500,000 Sq. meter area and a more than 1000 strong work force. The company has also created extensive finishing, assembling, metal fabrication and concrete products facilities. Combination of such varied capabilities along with the company’s state-of-the-art design and tool room facilities enables it to give vast array of products and solutions.

Businesses

Plastic- Sintex manufactures wide range of plastic products catering to various segments like construction, interiors, Industries and consumers. It manufactures products like tanks, PVC Pipes, Doors, window panels, kitchen cabinets, furniture, shelters, pallets, insulated boxes, chemical tanks, meter boxes, bins, solar water heating system etc.

Core business being plastic products, it is also into manufacturing of plastic moulds customised according the industries requirements.

Fabrics- It manufactures wide range of Men’s and Ladies apparels and furnishing.

Milestones

  • 1975 Moulded Polyethylene Industrial Containers and Tanks of sizes up to 10,000 liters 
  • 1977 Material Handling Containers for Industries and Institutions
  • 1978 Water Tank 
  • 1985 Plastic Sections for Conversion into Partitions, False Ceilings, Wall Panellings, Cabins, Cabinets, Furniture etc. 
  • 1988 Plastic Doors, Windows and Frames 
  • 1989 Insulated Containers, Sandwich Panels, Agri Containers and Biogas Holders 
  • 1990 SMC and SMC Moulded Products, Pultruded Products, Resin Transfer Moulded (RTM) Products, Blow Moulded Products, Injection Moulded Products etc. 
  • 1995 Water Filters cum Purifiers 
  • 2000 Solar Water Heaters
  • 2001 Prefabs 
  • 2002 Turnkey Blow Moulding & Profile Extrusion Plants 
  • 2004 FRP Underground Storage Tanks
  • 2005 ISO 9001 Certification, Monolithic Concrete Construction Technology
  • 2006 UL Listed for FRP Underground Petroleum Tanks
  • 2008 Sandwich Panels   
  • 2010 Package Sewage Treatment Plants (PSTP) & Manholes
  • 2011 Prefab Homes, Gloria Siding Panels
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