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Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹37 Cr.
Stock P/E
15.2
P/B
1.5
Current Price
₹4.1
Book Value
₹ 2.7
Face Value
1
52W High
₹6.6
52W Low
₹ 3
Dividend Yield
0%

Swasti Vinayaka Syn. Overview

1. Business Overview

Swasti Vinayaka Synthetics Ltd. is an Indian textile company primarily involved in the manufacturing and trading of synthetic textile products. This typically includes the production of synthetic yarns (like polyester, viscose, acrylic, or blends), synthetic fabrics, and potentially finished garments or home textiles. The company's core business model involves procuring raw materials (e.g., purified terephthalic acid (PTA) and monoethylene glycol (MEG) for polyester), processing them into intermediate or finished textile goods, and then selling these products to a diverse customer base. This customer base generally includes downstream manufacturers (e.g., garment exporters, apparel brands), other textile processors, wholesalers, and potentially retailers. The company makes money through the manufacturing margin (the difference between the cost of raw materials and manufacturing and the selling price of its finished goods) and through trading activities.

2. Key Segments / Revenue Mix

Without specific financial data, the exact revenue mix is not available. However, for a synthetic textile company, common key segments would typically include:

Synthetic Yarns: Production and sale of various types of synthetic filament yarns, staple fibers, or blended yarns.

Synthetic Fabrics: Manufacturing and sale of woven or knitted fabrics made from synthetic fibers, catering to various applications such as apparel, industrial textiles, or home furnishings.

Trading: May also engage in trading of textile-related raw materials or finished goods to optimize supply chain and revenue streams.

3. Industry & Positioning

The Indian textile industry is one of the oldest and largest industries in the country, characterized by its fragmented nature with a mix of large, integrated players and numerous small and medium-sized enterprises. It is highly competitive, driven by both domestic consumption and export demand. Companies in the synthetic segment face competition from both domestic producers and imports. Positioning often depends on factors like product specialization (e.g., specific types of synthetic blends, technical textiles), cost efficiency, quality, adherence to international standards, and customer relationships. Swasti Vinayaka Synthetics Ltd. likely operates in a competitive environment, aiming to differentiate itself through its product quality, operational efficiency, or specific market niches within the synthetic textile value chain.

4. Competitive Advantage (Moat)

Given the nature of the textile industry, establishing a strong, durable competitive advantage can be challenging, especially for companies that may not be at the largest scale or possess proprietary technology. Potential advantages for Swasti Vinayaka Synthetics Ltd. could include:

Operational Efficiency: Ability to produce synthetic textiles at a lower cost through efficient manufacturing processes, economies of scale (if substantial), or backward integration.

Established Customer Relationships: Long-standing relationships with garment manufacturers, brands, or exporters, leading to repeat orders and preferred supplier status.

Product Specialization: Expertise in producing specific types of synthetic fibers, yarns, or fabrics that cater to niche markets or demanding applications.

Location Advantage: Proximity to raw material suppliers or key markets/ports, leading to logistics cost savings.

Without detailed information on its market share, specific product offerings, or operational scale, a strong, durable moat cannot be definitively asserted. Many players in this segment compete primarily on price and quality.

5. Growth Drivers

Key factors that could drive growth for Swasti Vinayaka Synthetics Ltd. over the next 3-5 years include:

Increasing Domestic Demand: Rising disposable incomes, urbanization, and changing fashion trends in India leading to higher consumption of textiles, particularly synthetic and blended fabrics.

Shift Towards Synthetic & Blended Fabrics: Growing preference for synthetic fabrics due to their durability, ease of care, and versatility compared to natural fibers.

Export Opportunities: Government initiatives and global demand for textiles can open up new export markets or increase existing volumes, especially with efforts like the Production Linked Incentive (PLI) scheme for textiles.

Capacity Expansion & Modernization: Investments in increasing production capacity, adopting advanced machinery, or diversifying product lines to capture new market segments.

Raw Material Price Stability: Favorable and stable prices of crude oil derivatives (key raw materials for synthetics) can improve margins and encourage higher production.

6. Risks

Raw Material Price Volatility: Synthetic textiles are highly dependent on crude oil derivatives (e.g., PTA, MEG). Fluctuations in crude oil prices can directly impact raw material costs and profitability.

Intense Competition: The Indian and global textile markets are highly competitive, leading to pricing pressure and potential erosion of margins.

Fashion & Demand Fluctuations: Changes in fashion trends, consumer preferences, or economic downturns can significantly impact demand for specific textile products.

Regulatory & Environmental Risks: Stringent environmental regulations, labor laws, and trade policies (e.g., tariffs, import duties) can increase operational costs or impact market access.

Foreign Exchange Risk: For companies involved in exports or imports, currency fluctuations can impact profitability.

Power & Labor Costs: Availability and cost of power, along with labor wage inflation, are significant operational risks in India's manufacturing sector.

7. Management & Ownership

Swasti Vinayaka Synthetics Ltd., like many Indian companies, is likely promoter-driven, meaning the founding family or group holds a significant ownership stake and plays a key role in management and strategic decision-making. This often implies a long-term vision but can also lead to concentrated control. Without specific details on the current promoters or their professional background, it's difficult to assess management quality. Generally, promoter-led companies in the textile sector have deep industry knowledge and established networks. The ownership structure typically involves the promoter group holding a majority stake, with the remaining shares held by public shareholders, institutional investors, and possibly employees.

8. Outlook

Swasti Vinayaka Synthetics Ltd. operates in the dynamic and essential textile sector, which is poised for growth driven by India's large domestic market and increasing global demand. The ongoing shift towards synthetic and blended fabrics presents a structural tailwind for the company. However, the business is inherently susceptible to volatile raw material prices, intense competition, and shifts in global trade policies and consumer preferences. For the company to capitalize on growth opportunities, sustained investment in operational efficiency, product diversification, and market expansion will be crucial. While government support for the textile industry offers potential benefits, the cyclical nature of the industry and external macroeconomic factors will continue to influence its performance.

Swasti Vinayaka Syn. Share Price

Live · BSE · Inception: 1981
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Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Swasti Vinayaka Syn. 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 7 11 7 10 8 10 11 7 8 10
Other Income 0 0 0 0 0 0 0 0 2 0
Total Income 7 11 7 10 8 10 11 7 9 10
Total Expenditure 6 10 6 9 8 9 9 7 9 8
Operating Profit 1 1 1 1 1 1 2 1 1 2
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 1 1 1 1 1 1 1 0 0 1
Provision for Tax 0 0 1 0 0 0 1 0 0 0
Profit After Tax 1 1 0 1 1 1 1 0 0 1
Adjustments -0 0 0 0 0 0 0 0 0 -0
Profit After Adjustments 1 1 0 1 1 1 1 0 0 1
Adjusted Earnings Per Share 0.1 0.1 0 0.1 0.1 0.1 0.1 0 0 0.1

Swasti Vinayaka Syn. 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 16 16 17 19 19 21 14 20 27 31 38 36
Other Income 0 0 0 0 0 0 0 0 0 0 0 2
Total Income 16 16 17 20 20 21 14 20 27 31 39 37
Total Expenditure 14 14 14 16 15 18 11 18 24 27 34 33
Operating Profit 2 2 3 3 4 3 3 3 3 3 4 6
Interest 0 0 0 0 0 0 1 0 0 1 1 0
Depreciation 1 1 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 1 2 3 3 2 2 2 3 3 3 2
Provision for Tax 0 0 1 1 1 0 0 1 1 1 1 1
Profit After Tax 1 1 1 2 3 1 2 2 2 2 2 2
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 1 1 2 3 1 2 2 2 2 2 2
Adjusted Earnings Per Share 0.1 0.1 0.1 0.2 0.3 0.2 0.2 0.2 0.2 0.2 0.3 0.2

Swasti Vinayaka Syn. 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 9 9 9 11 13 13 15 17 19 21 23
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 1 1 1 1 3 6
Other Non-Current Liabilities 3 3 3 3 3 3 4 4 4 4 5
Total Current Liabilities 5 4 5 8 8 12 8 8 12 7 12
Total Liabilities 17 16 18 22 25 29 28 29 35 34 45
Fixed Assets 6 5 5 4 4 5 5 5 5 5 4
Other Non-Current Assets 3 3 3 4 4 4 3 3 5 2 3
Total Current Assets 8 8 10 13 16 20 20 21 25 28 37
Total Assets 17 16 18 22 25 29 28 29 35 34 45

Swasti Vinayaka Syn. 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 0 0 0 0 0 0 0 0 0 0 1
Cash Flow from Operating Activities 3 3 3 3 1 3 -0 2 3 -3 -1
Cash Flow from Investing Activities -2 -0 -0 -1 0 -1 1 -0 -2 2 -0
Cash Flow from Financing Activities -1 -3 -3 -2 -2 -2 -1 -2 -1 1 2
Net Cash Inflow / Outflow -0 0 0 0 -0 0 -0 -0 -0 0 0
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 0 0 1 1

Swasti Vinayaka Syn. 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) 0.08 0.1 0.13 0.23 0.28 0.16 0.17 0.19 0.22 0.22 0.27
CEPS(Rs) 0.16 0.17 0.19 0.28 0.33 0.21 0.2 0.23 0.26 0.26 0.31
DPS(Rs) 0.07 0.08 0.09 0.1 0.11 0 0 0 0 0 0
Book NAV/Share(Rs) 0.87 0.89 0.94 1.08 1.34 1.36 1.58 1.78 2 2.23 2.5
Core EBITDA Margin(%) 11.05 14.52 17.19 16.06 19.19 12.21 19.47 13.48 11.84 10.51 10.87
EBIT Margin(%) 9.22 10.86 14.72 15.26 19.41 11.07 18.5 12.7 11.61 10.29 10.39
Pre Tax Margin(%) 7.47 8.34 13.02 14.13 18.12 9.14 14.04 11.23 9.86 8.56 8.48
PAT Margin (%) 4.67 5.49 7.3 10.67 13.24 6.84 10.81 8.58 7.42 6.44 6.31
Cash Profit Margin (%) 8.98 9.62 10.26 13.12 15.43 9.2 12.78 9.95 8.6 7.5 7.26
ROA(%) 4.95 5.38 7.04 10.29 10.78 5.27 5.42 6.14 6.16 5.67 6.13
ROE(%) 9.67 11.13 14.6 22.66 23.24 11.79 11.68 11.58 11.7 10.37 11.38
ROCE(%) 15.54 17.26 24.77 27.45 27.66 13.68 14.89 15.37 16.76 15.3 16.04
Receivable days 54.15 55.4 56.19 62.41 94.46 111.19 175.45 126.96 111.73 96.87 103.33
Inventory Days 71.75 80.74 89.12 94.62 111.91 128.29 198.19 131.64 115.66 124.83 119.73
Payable days 14.83 12.03 12 30.5 40.48 31.22 53.08 23.72 34.96 30.79 26.83
PER(x) 18.4 18.38 17.76 11.11 8.15 10.72 37.03 37.66 19.23 30.93 19.54
Price/Book(x) 1.76 2.02 2.53 2.36 1.71 1.25 4.03 4.12 2.12 3.05 2.1
Dividend Yield(%) 3.55 3.45 2.94 3.06 3.74 0 0 0 0 0 0
EV/Net Sales(x) 1.02 1.1 1.36 1.26 1.24 1.03 4.18 3.26 1.51 2 1.37
EV/Core EBITDA(x) 7.53 7.36 7.71 7.09 5.73 7.67 20.4 23.2 11.78 17.65 12.13
Net Sales Growth(%) 2.99 0.15 2.67 16.87 -1.28 9.73 -31.78 42.68 31.78 14.29 25.2
EBIT Growth(%) 29.04 18.02 39.13 21.2 25.53 -37.42 13.98 -2.06 20.51 1.3 26.4
PAT Growth(%) 59.38 17.87 36.54 70.78 22.52 -43.34 7.89 13.22 13.89 -0.71 22.68
EPS Growth(%) 59.38 17.87 36.54 70.78 22.52 -43.34 7.88 13.24 13.86 -0.68 22.64
Debt/Equity(x) 0.35 0.21 0.17 0.19 0.27 0.52 0.19 0.05 0.13 0.04 0.28
Current Ratio(x) 1.56 1.87 1.85 1.7 1.95 1.75 2.51 2.7 2.14 4.14 3.21
Quick Ratio(x) 0.86 1.05 1.02 1 1.21 1.02 1.61 1.72 1.36 2.42 2.05
Interest Cover(x) 5.29 4.31 8.67 13.45 15.03 5.74 4.15 8.65 6.62 5.95 5.44
Total Debt/Mcap(x) 0.2 0.1 0.07 0.08 0.16 0.42 0.05 0.01 0.06 0.01 0.13

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +23% +24% +13% +9%
Operating Profit CAGR +33% +10% +6% +7%
PAT CAGR 0% 0% +15% +7%
Share Price CAGR -34% -7% -4% +9%
ROE Average +11% +11% +11% +14%
ROCE Average +16% +16% +16% +19%

Swasti Vinayaka Syn. Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 51 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 49 %
# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 51515151515151515151
FII 0000000000
DII 0000000000
Public 49494949494949494949
Others 0000000000
Total 100100100100100100100100100100

Swasti Vinayaka Syn. Peer Comparison

Swasti Vinayaka Syn. Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Swasti Vinayaka Syn. Pros & Cons

Pros

  • Debtor days have improved from 30.79 to 26.83days.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 11% over the last 3 years.
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