Textile - Spinning · Founded 1970 · www.premiersyntheticsltd.com · BSE 509835 · · ISIN INE940N01012
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Business
Premier Synthetics Ltd. is an Indian textile company primarily engaged in the spinning segment. Its core business involves converting raw textile fibers (which can include natural fibers like cotton or synthetic fibers like polyester) into various types of yarn. The company's business model is likely B2B, supplying this yarn to downstream textile manufacturers such as weavers, knitters, and garment producers. Revenue is generated directly from the sale of its manufactured yarn products.
Revenue Mix
Based on the provided information, Premier Synthetics Ltd. appears to operate predominantly within a single primary segment: Textile - Spinning. Without further details, it is assumed that the majority, if not all, of its revenue is derived from the production and sale of yarn. Specific breakdowns by fiber type (e.g., cotton yarn vs. synthetic yarn) or other textile processes are not available.
Industry
The company operates within the Indian textile industry's spinning sector, a capital-intensive and competitive segment. India is one of the world's largest producers and exporters of textiles and yarn. The industry structure is characterized by a mix of large integrated players and numerous smaller, more specialized units. Premier Synthetics Ltd. would compete with other domestic and potentially international yarn manufacturers on factors such as yarn quality, consistency, pricing, and timely delivery. Its specific market share or standing relative to peers is not available.
MOAT
For a company in the textile spinning sector, potential competitive advantages often stem from:
Cost Leadership/Operational Efficiency: Achieving lower production costs through economies of scale, modern machinery, efficient processes, and effective raw material sourcing.
Product Quality & Consistency: Maintaining high and consistent yarn quality that meets customer specifications.
Customer Relationships: Long-standing relationships and supply chain integration with key customers.
Given the information, it is difficult to confirm a specific durable competitive advantage for Premier Synthetics Ltd. without details on its scale, technology, or market position. Yarn is often a commodity, making cost efficiency paramount.
Growth Drivers
Key factors that could drive growth for Premier Synthetics Ltd. over the next 3-5 years include:
Increasing Textile Demand: Growth in domestic and international demand for apparel, home textiles, and industrial textiles, which translates to higher yarn consumption.
Export Opportunities: Favorable trade policies and global demand for Indian yarn.
Raw Material Availability & Pricing Stability: Access to consistent and competitively priced raw materials (e.g., cotton, polyester staple fiber).
Technological Upgrades: Investments in modern spinning technology to improve efficiency, reduce costs, and produce higher-value yarns.
Government Initiatives: Support from government policies aimed at boosting the textile sector (e.g., PLI schemes, export promotion).
Risks
Premier Synthetics Ltd. faces several risks common to the textile spinning industry:
Raw Material Price Volatility: Significant fluctuations in the prices of cotton, synthetic fibers (linked to crude oil), and other inputs can impact profitability.
Demand Cyclicality: The textile industry is subject to economic cycles, fashion trends, and discretionary consumer spending, leading to fluctuations in yarn demand.
Intense Competition: Competition from domestic and international players can put pressure on yarn prices and margins.
Foreign Exchange Fluctuations: Given potential involvement in exports or imports, currency movements can affect profitability.
Working Capital Requirements: The business often requires substantial working capital to manage inventory and receivables.
Environmental & Regulatory Risks: Compliance with evolving environmental regulations and labor laws.
Management & Ownership
As is common for many Indian companies, Premier Synthetics Ltd. is likely promoted and controlled by a founding family or a core promoter group. Specific details regarding the promoters' background, the composition of the management team, their experience, or the precise ownership structure are not provided. Assessment of management quality and corporate governance would require further information.
Outlook
Premier Synthetics Ltd. operates in a foundational segment of the Indian textile industry, which has long-term growth potential driven by India's large domestic market, growing disposable incomes, and increasing global demand for textiles. However, the spinning sector is also inherently cyclical, competitive, and susceptible to raw material price volatility. The company's performance will largely depend on its ability to maintain operational efficiency, manage raw material sourcing, adapt to demand shifts, and navigate the competitive landscape. While the industry's prospects are generally positive for well-managed players, specific execution and market conditions will be critical.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
| #(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 | 0 | 0 | 8 | 8 | 2 | 1 | 3 | 3 | 4 | 2 |
| Other Income | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 |
| Total Income | 0 | 0 | 8 | 9 | 3 | 2 | 4 | 3 | 4 | 2 |
| Total Expenditure | 0 | 0 | 8 | 9 | 3 | 2 | 3 | 3 | 5 | 3 |
| Operating Profit | 0 | 0 | 0 | -0 | 0 | -0 | 1 | 0 | -1 | -1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 0 | 0 | 0 | -0 | 0 | -0 | 1 | 0 | -1 | -1 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 0 | 0 | 0 | -0 | 0 | -0 | 1 | 0 | -1 | -1 |
| Adjustments | 0 | -2 | -1 | 1 | -0 | 0 | 0 | 0 | 1 | 1 |
| Profit After Adjustments | 0 | -2 | -1 | 0 | 0 | -0 | 1 | 0 | 0 | 0 |
| Adjusted Earnings Per Share | 0 | 0 | 0.8 | -0.6 | 0.4 | -0.6 | 2.6 | 0.1 | -2.3 | -2.3 |
| #(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 | 16 | 14 | 10 | 46 | 46 | 43 | 24 | 58 | 53 | 8 | 15 | 12 |
| Other Income | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 1 | 0 | 0 | 2 | 1 |
| Total Income | 16 | 14 | 10 | 47 | 47 | 43 | 25 | 59 | 53 | 8 | 17 | 13 |
| Total Expenditure | 12 | 11 | 7 | 45 | 44 | 42 | 22 | 55 | 52 | 8 | 16 | 14 |
| Operating Profit | 4 | 3 | 2 | 2 | 3 | 1 | 2 | 4 | 1 | 0 | 1 | -1 |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 3 | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Exceptional Income / Expenses | -1 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Profit Before Tax | 0 | 0 | 1 | 1 | 2 | 0 | 2 | 3 | 1 | 0 | 1 | -1 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Profit After Tax | 0 | 0 | 1 | 1 | 2 | 0 | 2 | 3 | 0 | 0 | 1 | -1 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3 | 1 | 2 |
| Profit After Adjustments | 0 | 0 | 1 | 1 | 2 | 0 | 2 | 3 | 0 | -2 | 1 | 1 |
| Adjusted Earnings Per Share | 0.4 | 1 | 1.6 | 2.5 | 4.5 | 0.2 | 3.5 | 5.5 | 0.1 | 0.8 | 1.8 | -1.9 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 88% | -36% | -19% | -1% |
| Operating Profit CAGR | 0% | -37% | 0% | -13% |
| PAT CAGR | 0% | -31% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -18% | 4% | 0% | -8% |
| ROE Average | 7% | 3% | 7% | 5% |
| ROCE Average | 6% | 4% | 6% | 7% |
| #(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 | 14 | 14 | 5 | 24 | 26 | 31 | 33 | 35 | 28 | 26 | 27 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 0 | 0 | 13 | 17 | 11 | 3 | 3 | 3 | 3 | 4 | 4 |
| Other Non-Current Liabilities | 2 | 11 | 11 | -5 | -6 | -4 | -4 | -4 | -1 | -1 | -3 |
| Total Current Liabilities | 23 | 4 | 3 | 2 | 10 | 8 | 7 | 12 | 8 | 3 | 5 |
| Total Liabilities | 39 | 29 | 32 | 39 | 42 | 38 | 39 | 46 | 39 | 32 | 33 |
| Fixed Assets | 29 | 26 | 25 | 25 | 25 | 24 | 24 | 24 | 20 | 17 | 17 |
| Other Non-Current Assets | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Total Current Assets | 8 | 2 | 7 | 13 | 17 | 13 | 14 | 22 | 19 | 13 | 16 |
| Total Assets | 39 | 29 | 32 | 39 | 42 | 38 | 39 | 46 | 39 | 32 | 33 |
| #(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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 |
| Cash Flow from Operating Activities | 5 | 8 | -1 | -5 | -1 | 4 | 1 | -2 | 2 | 3 | -4 |
| Cash Flow from Investing Activities | 6 | 3 | -0 | -1 | -1 | -0 | -1 | -1 | -0 | 1 | 2 |
| Cash Flow from Financing Activities | -11 | -12 | 2 | 6 | 2 | -4 | 0 | 4 | -4 | -4 | 1 |
| Net Cash Inflow / Outflow | -0 | -0 | 0 | -0 | -0 | 0 | 0 | 1 | -2 | 0 | 0 |
| Closing Cash & Cash Equivalent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 |
| # | 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) | 0.42 | 1 | 1.58 | 2.53 | 4.51 | 0.23 | 3.45 | 5.45 | 0.05 | 0.82 | 1.77 |
| CEPS(Rs) | 7.43 | 8.01 | 6.25 | 3.92 | 5.91 | 1.81 | 5.04 | 7.14 | 1.73 | 0.82 | 1.92 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | -27.72 | -28.03 | -26.44 | 20.17 | 24.62 | 35.24 | 38.31 | 43.35 | 28.86 | 23.57 | 26.28 |
| Core EBITDA Margin(%) | 25.88 | 24.41 | 23.88 | 2.23 | 4.06 | 1.77 | 8.59 | 4.93 | 1.35 | 1.88 | -7.52 |
| EBIT Margin(%) | 7.15 | 2.9 | 6.15 | 2.8 | 4.65 | 0.51 | 6.58 | 4.91 | 2.59 | 5.38 | 7.61 |
| Pre Tax Margin(%) | 0.94 | 2.61 | 6.01 | 2.51 | 4.47 | 0.25 | 6.51 | 4.43 | 1.72 | 4.69 | 5.49 |
| PAT Margin (%) | 0.94 | 2.61 | 6.01 | 2.51 | 4.47 | 0.25 | 6.51 | 4.29 | 0.05 | 4.69 | 5.49 |
| Cash Profit Margin (%) | 16.75 | 20.88 | 23.75 | 3.89 | 5.86 | 1.94 | 9.5 | 5.62 | 1.51 | 4.69 | 5.95 |
| ROA(%) | 0.35 | 1.07 | 1.88 | 3.27 | 5.13 | 0.27 | 4.11 | 5.89 | 0.06 | 1.05 | 2.51 |
| ROE(%) | 0 | 0 | 0 | 0 | 20.15 | 0.78 | 9.38 | 13.35 | 0.15 | 3.11 | 7.1 |
| ROCE(%) | 4.85 | 3.75 | 26.64 | 8.61 | 7.55 | 0.78 | 6.13 | 9.45 | 4.75 | 2.09 | 5.99 |
| Receivable days | 105.35 | 66.31 | 18.73 | 31.33 | 71.73 | 87.41 | 121.94 | 46.85 | 55.36 | 249.26 | 63.25 |
| Inventory Days | 27.97 | 12.03 | 81.46 | 33.37 | 34.9 | 32.1 | 56.97 | 32.22 | 47.6 | 334.26 | 154.82 |
| Payable days | 372 | 0 | 1456.72 | 22.92 | 18.22 | 16.63 | 24.67 | 8.2 | 8.58 | 32.96 | 9.84 |
| PER(x) | 0 | 0 | 14.36 | 77.07 | 4.62 | 9.69 | 4.89 | 4.17 | 301.87 | 16.36 | 9.02 |
| Price/Book(x) | 0 | 0 | -0.86 | 9.67 | 0.85 | 0.06 | 0.44 | 0.52 | 0.56 | 0.57 | 0.61 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 2.14 | 1.04 | 2.23 | 2.3 | 0.62 | 0.23 | 0.69 | 0.39 | 0.34 | 1.58 | 1.04 |
| EV/Core EBITDA(x) | 8.21 | 4.15 | 9.36 | 55.08 | 10.35 | 10.67 | 7.18 | 6.19 | 19.14 | 29.41 | 12.89 |
| Net Sales Growth(%) | -27.69 | -13.56 | -31.34 | 382.95 | 0.05 | -7.43 | -43.24 | 139.42 | -9.68 | -84.83 | 85.17 |
| EBIT Growth(%) | -51.44 | -64.9 | 45.54 | 119.8 | 66.07 | -89.83 | 631.83 | 78.62 | -52.37 | -68.48 | 162.09 |
| PAT Growth(%) | -94.22 | 139.01 | 58.44 | 101.59 | 78.26 | -94.86 | 1386.63 | 57.98 | -99.02 | 1423.59 | 116.93 |
| EPS Growth(%) | -94.22 | 139.02 | 58.44 | 59.76 | 78.32 | -94.86 | 1386.77 | 57.97 | -99.02 | 1424.86 | 116.94 |
| Debt/Equity(x) | -35.84 | -1.97 | -1.39 | 1.85 | 1.71 | 0.56 | 0.53 | 0.69 | 0.79 | 0.61 | 0.67 |
| Current Ratio(x) | 0.33 | 0.45 | 2.26 | 5.88 | 1.67 | 1.62 | 1.92 | 1.85 | 2.32 | 3.99 | 3.37 |
| Quick Ratio(x) | 0.31 | 0.33 | 0.98 | 3.78 | 1.24 | 1.22 | 1.35 | 1.34 | 1.39 | 1.94 | 2.14 |
| Interest Cover(x) | 1.15 | 9.83 | 45.35 | 9.7 | 26.85 | 1.95 | 91.06 | 10.36 | 2.99 | 7.81 | 3.59 |
| Total Debt/Mcap(x) | 0 | 0 | 1.61 | 0.19 | 2.02 | 8.8 | 1.21 | 1.31 | 1.41 | 1.07 | 1.11 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 48.03 | 48.03 | 48.03 | 48.03 | 48.03 | 48.03 | 48.03 | 48.03 | 48.03 | 48.03 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 |
| Public | 48.54 | 48.54 | 48.54 | 48.54 | 48.54 | 48.54 | 48.54 | 48.54 | 48.54 | 48.54 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Public | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | +88% | -36% | -19% | -1% |
| Operating Profit CAGR | — | -37% | 0% | -13% |
| PAT CAGR | — | -31% | — | — |
| Share Price CAGR | -18% | +4% | 0% | -8% |
| ROE Average | +7% | +3% | +7% | +5% |
| ROCE Average | +6% | +4% | +6% | +7% |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 48.03 | 48.03 | 48.03 | 48.03 | 48.03 | 48.03 | 48.03 | 48.03 | 48.03 | 48.03 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 |
| Public | 51.97 | 51.97 | 51.97 | 51.97 | 51.97 | 51.97 | 51.97 | 51.97 | 51.97 | 51.97 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Public | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 |
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