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Banswara Syntex Overview

Banswara Syntex Ltd is a holding business enterprise. The Company is engaged within the manufacturing of textile merchandise. The Company manufactures and markets spun synthetic blended yarn, cotton spun yarn, wool and wool blend yarn, spun artificial and worsted fabrics, cotton and linen fabric besides readymade clothes. The Company also produces shirting and technical fabric. It produces jackets and trousers at garment factories in Surat and Daman. The Company manufactures a number of yarns, along with 100% Polyester, 100% Viscose, 100% Acryl...Read More

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Banswara Syntex Key Financials

Market Cap ₹435 Cr.

Stock P/E 19.6

P/B 0.8

Current Price ₹127.1

Book Value ₹ 167.8

Face Value 5

52W High ₹165.6

Dividend Yield 0.79%

52W Low ₹ 93.2

Banswara Syntex Share Price

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Volume
Price

Banswara Syntex Quarterly Price

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Banswara Syntex Peer Comparison

Banswara Syntex Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 316 302 343 271 343 339 340 306 345 340
Other Income 2 4 9 4 3 2 7 4 3 4
Total Income 318 306 352 275 345 341 347 310 348 344
Total Expenditure 288 277 322 254 317 305 315 288 315 302
Operating Profit 30 29 30 20 28 36 32 21 33 41
Interest 8 7 8 8 9 11 11 11 11 11
Depreciation 11 11 11 11 12 12 12 13 14 13
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 11 11 11 1 7 13 9 -2 9 17
Provision for Tax 3 3 3 0 2 3 3 -0 3 5
Profit After Tax 8 8 8 1 5 10 5 -2 6 13
Adjustments 1 0 0 1 0 0 0 1 1 1
Profit After Adjustments 9 8 8 1 5 10 6 -1 7 14
Adjusted Earnings Per Share 2.7 2.4 2.5 0.3 1.5 3 1.7 -0.4 2.1 4.1

Banswara Syntex Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 1231 1270 1244 1292 1351 1289 787 1190 1499 1264 1293 1331
Other Income 17 11 14 16 14 13 16 21 15 18 16 18
Total Income 1248 1281 1258 1308 1365 1302 803 1211 1514 1282 1309 1349
Total Expenditure 1090 1107 1111 1181 1231 1145 711 1073 1302 1163 1192 1220
Operating Profit 158 175 147 127 134 157 92 139 212 119 117 127
Interest 81 70 63 59 56 49 33 25 32 30 40 44
Depreciation 63 61 58 58 55 51 46 42 41 43 48 52
Exceptional Income / Expenses 0 0 -1 1 -3 0 3 0 0 0 0 0
Profit Before Tax 14 44 25 11 20 58 16 71 141 47 31 33
Provision for Tax 6 17 6 3 -5 4 3 25 29 12 9 11
Profit After Tax 8 27 19 8 24 53 14 46 113 36 22 22
Adjustments 0 0 0 0 0 -0 1 0 0 0 0 3
Profit After Adjustments 8 27 19 8 24 53 15 46 113 36 22 26
Adjusted Earnings Per Share 2.4 8 5.6 2.5 7.1 15.6 4.2 13.3 32.9 10.4 6.5 7.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 2% 3% 0% 0%
Operating Profit CAGR -2% -6% -6% -3%
PAT CAGR -39% -22% -16% 11%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -3% -8% 18% 9%
ROE Average 4% 12% 10% 9%
ROCE Average 7% 13% 12% 12%

Banswara Syntex Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 223 248 261 268 294 341 357 399 509 535 559
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 263 217 199 185 140 97 137 106 124 149 203
Other Non-Current Liabilities 53 56 62 61 54 54 59 37 29 31 33
Total Current Liabilities 555 536 545 576 514 395 224 340 407 355 402
Total Liabilities 1093 1057 1067 1090 1002 887 778 882 1069 1070 1197
Fixed Assets 516 485 486 460 418 374 338 314 370 424 521
Other Non-Current Assets 20 25 28 24 25 33 47 63 75 76 78
Total Current Assets 557 547 553 606 559 480 393 505 624 570 597
Total Assets 1093 1057 1067 1090 1002 887 778 882 1069 1070 1197

Banswara Syntex Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 33 17 10 8 4 8 4 8 19 15 9
Cash Flow from Operating Activities 183 173 140 106 137 208 132 54 20 142 77
Cash Flow from Investing Activities -48 -26 -61 -25 -10 -7 -3 -48 -99 -90 -137
Cash Flow from Financing Activities -151 -143 -82 -85 -123 -206 -126 5 75 -58 55
Net Cash Inflow / Outflow -16 5 -2 -4 4 -5 4 11 -4 -6 -5
Closing Cash & Cash Equivalent 17 22 8 4 8 4 8 19 15 9 4

Banswara Syntex Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.44 8.03 5.59 2.45 7.11 15.57 4.24 13.33 32.93 10.38 6.47
CEPS(Rs) 21.47 25.95 22.38 19.37 23.09 30.56 17.61 25.56 44.85 23.06 20.47
DPS(Rs) 0.5 1 0.5 0.5 0.5 0.75 0.75 1.25 3 1 1
Book NAV/Share(Rs) 67.56 73.32 76.21 78.39 85.81 99.63 104.33 116.5 148.71 156.29 163.41
Core EBITDA Margin(%) 11.36 12.78 10.65 8.58 8.89 11.18 9.63 9.84 13.12 7.96 7.76
EBIT Margin(%) 7.69 8.92 7.05 5.41 5.61 8.24 6.21 8.03 11.54 6.09 5.47
Pre Tax Margin(%) 1.16 3.43 2.03 0.84 1.44 4.46 2.08 5.95 9.43 3.75 2.41
PAT Margin (%) 0.65 2.13 1.51 0.61 1.79 4.14 1.75 3.83 7.52 2.81 1.71
Cash Profit Margin (%) 5.69 6.88 6.11 5.12 5.84 8.11 7.65 7.34 10.24 6.24 5.42
ROA(%) 0.73 2.53 1.79 0.73 2.31 5.65 1.66 5.5 11.56 3.32 1.95
ROE(%) 3.72 11.57 7.46 2.99 8.6 16.82 3.96 12.07 24.84 6.81 4.05
ROCE(%) 10.78 13.67 10.85 8.61 9.67 14.89 7.85 15.4 22.49 8.71 7.45
Receivable days 43.31 43.32 46.87 48.07 46.7 42.95 59.12 36.98 41.2 60.54 57.69
Inventory Days 93.35 88.64 90.21 90.08 80.62 74.32 100.55 72.8 72.16 84.58 82.56
Payable days 50.17 66.61 92.04 101.71 89.48 77.33 108.53 79.36 60.66 58.87 59.17
PER(x) 12.6 5.55 14.41 20.05 4.88 2.29 11.8 7.97 3.68 13.91 18.82
Price/Book(x) 0.46 0.61 1.06 0.63 0.4 0.36 0.48 0.91 0.81 0.92 0.75
Dividend Yield(%) 1.62 2.24 0.62 1.02 1.44 2.11 1.5 1.18 2.48 0.69 0.82
EV/Net Sales(x) 0.58 0.54 0.66 0.54 0.42 0.33 0.49 0.5 0.5 0.65 0.66
EV/Core EBITDA(x) 4.55 3.96 5.58 5.44 4.28 2.74 4.17 4.3 3.53 6.9 7.32
Net Sales Growth(%) 1.25 3.22 -2.04 3.83 4.56 -4.55 -39 51.25 25.97 -15.67 2.27
EBIT Growth(%) -25.78 19.42 -22.34 -20.86 8.44 40.03 -53.99 95.65 80.88 -55.48 -8.21
PAT Growth(%) -68.92 238.85 -30.22 -58.31 205.32 120.9 -74.13 230.28 147.13 -68.48 -37.66
EPS Growth(%) -70.78 228.81 -30.49 -56.07 189.93 118.83 -72.77 214.39 147.13 -68.48 -37.66
Debt/Equity(x) 2.86 2.26 2.15 2 1.61 0.94 0.64 0.65 0.73 0.66 0.81
Current Ratio(x) 1 1.02 1.01 1.05 1.09 1.21 1.75 1.49 1.53 1.6 1.49
Quick Ratio(x) 0.41 0.48 0.41 0.52 0.53 0.61 0.88 0.67 0.76 0.84 0.71
Interest Cover(x) 1.18 1.63 1.4 1.18 1.35 2.18 1.5 3.86 5.45 2.6 1.79
Total Debt/Mcap(x) 6.26 3.72 2.03 3.18 3.97 2.63 1.33 0.71 0.9 0.71 1.08

Banswara Syntex Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 54.37 54.37 54.26 54.22 54.19 54.19 54.19 54.19 54.19 54.19
FII 0 8.9 8.92 8.9 8.49 8.36 8.61 8.51 8.37 7.91
DII 8.93 0 0 0 0 0 0 0 0 0
Public 36.7 36.73 36.82 36.88 37.32 37.45 37.19 37.3 37.44 37.9
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Banswara Syntex News

Banswara Syntex Pros & Cons

Pros

  • Stock is trading at 0.8 times its book value

Cons

  • Company has a low return on equity of 12% over the last 3 years.
  • Debtor days have increased from 58.87 to 59.17days.
  • The company has delivered a poor profit growth of -16% over past five years.
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