Banswara Syntex Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 9, 2025, 8:17 pm

Market Cap	456 Cr.
Current Price	133
High / Low	183/118
Stock P/E	18.5
Book Value	157
Dividend Yield	0.75 %
ROCE	8.66 %
ROE	6.69 %
Face Value	5.00
PEG Ratio	1.53

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Banswara Syntex Ltd

Competitors of Banswara Syntex Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Modern Threads (I) Ltd	143 Cr.	41.0	76.3/36.0	28.0		0.00 %	23.9 %	21.0 %	10.0
Deepak Spinners Ltd	109 Cr.	152	248/130		314	0.33 %	1.93 %	0.45 %	10.0
APM Industries Ltd	80.3 Cr.	37.1	80.0/34.1		78.2	1.35 %	3.27 %	2.48 %	2.00
Aditya Spinners Ltd	41.1 Cr.	24.6	33.5/17.4		28.5	0.00 %	5.17 %	3.81 %	10.0
Adinath Textiles Ltd	15.0 Cr.	22.0	35.5/20.5	53.5	4.49	0.00 %	25.7 %	18.1 %	10.0
Industry Average	681.17 Cr	96.71		32.42	127.68	0.30%	8.86%	11.03%	8.20

All Competitor Stocks of Banswara Syntex Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	303	367	355	406	368	369	303	316	302	343	271	343	339
Expenses	274	325	312	357	314	318	276	288	276	321	254	317	305
Operating Profit	29	43	44	50	54	51	27	28	26	22	17	26	34
OPM %	9%	12%	12%	12%	15%	14%	9%	9%	9%	6%	6%	8%	10%
Other Income	6	6	3	2	5	5	3	2	4	9	4	3	2
Interest	6	7	8	8	9	8	7	8	7	8	8	9	11
Depreciation	10	10	10	10	10	10	11	11	11	11	11	12	12
Profit before tax	18	32	29	33	40	38	13	12	11	12	1	7	14
Tax %	31%	39%	35%	-6%	26%	27%	26%	25%	25%	28%	28%	28%	25%
Net Profit	12	19	19	35	29	28	10	9	9	8	1	5	10
EPS in Rs	3.58	5.69	5.56	10.26	8.60	8.13	2.81	2.56	2.50	2.43	0.29	1.50	2.97

Last Updated: March 3, 2025, 5:19 pm

Below is a detailed analysis of the quarterly data for Banswara Syntex Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹339.00 Cr.. The value appears to be declining and may need further review. It has decreased from 343.00 Cr. (Sep 2024) to ₹339.00 Cr., marking a decrease of 4.00 Cr..
For Expenses, as of Dec 2024, the value is ₹305.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 317.00 Cr. (Sep 2024) to ₹305.00 Cr., marking a decrease of 12.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹34.00 Cr.. The value appears strong and on an upward trend. It has increased from 26.00 Cr. (Sep 2024) to ₹34.00 Cr., marking an increase of ₹8.00 Cr..
For OPM %, as of Dec 2024, the value is 10.00%. The value appears strong and on an upward trend. It has increased from 8.00% (Sep 2024) to 10.00%, marking an increase of 2.00%.
For Other Income, as of Dec 2024, the value is ₹2.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3.00 Cr. (Sep 2024) to ₹2.00 Cr., marking a decrease of 1.00 Cr..
For Interest, as of Dec 2024, the value is ₹11.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 9.00 Cr. (Sep 2024) to ₹11.00 Cr., marking an increase of ₹2.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹12.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 12.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹14.00 Cr.. The value appears strong and on an upward trend. It has increased from 7.00 Cr. (Sep 2024) to ₹14.00 Cr., marking an increase of ₹7.00 Cr..
For Tax %, as of Dec 2024, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 28.00% (Sep 2024) to 25.00%, marking a decrease of 3.00%.
For Net Profit, as of Dec 2024, the value is ₹10.00 Cr.. The value appears strong and on an upward trend. It has increased from 5.00 Cr. (Sep 2024) to ₹10.00 Cr., marking an increase of ₹5.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 2.97. The value appears strong and on an upward trend. It has increased from ₹1.50 (Sep 2024) to 2.97, marking an increase of ₹1.47.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 9:06 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1,094	1,209	1,223	1,262	1,240	1,292	1,351	1,290	787	1,190	1,499	1,264	1,296
Expenses	946	1,031	1,085	1,101	1,107	1,181	1,231	1,145	711	1,071	1,301	1,162	1,196
Operating Profit	148	178	138	161	134	111	120	144	76	119	198	103	99
OPM %	13%	15%	11%	13%	11%	9%	9%	11%	10%	10%	13%	8%	8%
Other Income	8	4	17	11	12	17	11	13	20	20	15	18	17
Interest	82	81	81	70	63	59	56	49	33	25	32	30	36
Depreciation	52	52	59	58	58	58	55	51	46	42	41	43	47
Profit before tax	21	48	14	44	25	11	20	58	16	72	140	48	34
Tax %	43%	45%	44%	38%	25%	27%	-24%	7%	15%	35%	21%	26%
Net Profit	12	27	8	27	19	8	24	53	14	47	111	35	25
EPS in Rs	4.09	8.56	2.44	8.02	5.55	2.32	7.06	15.61	4.07	13.67	32.55	10.30	7.19
Dividend Payout %	18%	17%	20%	12%	9%	22%	7%	5%	18%	9%	9%	10%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	125.00%	-70.37%	237.50%	-29.63%	-57.89%	200.00%	120.83%	-73.58%	235.71%	136.17%	-68.47%
Change in YoY Net Profit Growth (%)	0.00%	-195.37%	307.87%	-267.13%	-28.27%	257.89%	-79.17%	-194.42%	309.30%	-99.54%	-204.64%

Banswara Syntex Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	0%
5 Years:	-1%
3 Years:	17%
TTM:	0%

Compounded Profit Growth
10 Years:	3%
5 Years:	6%
3 Years:	45%
TTM:	-55%

Stock Price CAGR
10 Years:	15%
5 Years:	21%
3 Years:	7%
1 Year:	-13%

Return on Equity
10 Years:	10%
5 Years:	13%
3 Years:	14%
Last Year:	7%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 3:55 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	15	16	16	17	17	17	17	17	17	17	17	17	17
Reserves	172	197	207	232	245	252	277	325	340	383	492	518	521
Borrowings	680	698	632	562	561	538	474	321	227	262	373	355	457
Other Liabilities	201	195	221	230	237	265	218	190	162	222	186	181	213
Total Liabilities	1,068	1,106	1,076	1,041	1,060	1,073	986	853	746	884	1,068	1,070	1,208
Fixed Assets	515	514	501	473	486	460	418	374	338	314	370	424	474
CWIP	8	9	10	8	6	5	0	1	1	29	22	20	20
Investments	9	14	18	19	4	4	4	4	3	5	6	10	11
Other Assets	536	569	547	541	564	604	565	474	405	536	671	617	704
Total Assets	1,068	1,106	1,076	1,041	1,060	1,073	986	853	746	884	1,068	1,070	1,208

Below is a detailed analysis of the balance sheet data for Banswara Syntex Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹17.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹17.00 Cr..
For Reserves, as of Sep 2024, the value is ₹521.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹518.00 Cr. (Mar 2024) to ₹521.00 Cr., marking an increase of 3.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹457.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹355.00 Cr. (Mar 2024) to ₹457.00 Cr., marking an increase of 102.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹213.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹181.00 Cr. (Mar 2024) to ₹213.00 Cr., marking an increase of 32.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹1,208.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹1,070.00 Cr. (Mar 2024) to ₹1,208.00 Cr., marking an increase of 138.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹474.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹424.00 Cr. (Mar 2024) to ₹474.00 Cr., marking an increase of 50.00 Cr..
For CWIP, as of Sep 2024, the value is ₹20.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹20.00 Cr..
For Investments, as of Sep 2024, the value is ₹11.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹10.00 Cr. (Mar 2024) to ₹11.00 Cr., marking an increase of 1.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹704.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹617.00 Cr. (Mar 2024) to ₹704.00 Cr., marking an increase of 87.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹1,208.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,070.00 Cr. (Mar 2024) to ₹1,208.00 Cr., marking an increase of 138.00 Cr..

Notably, the Reserves (₹521.00 Cr.) exceed the Borrowings (457.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	151	134	179	174	140	106	137	205	132	54	20	145
Cash from Investing Activity +	-55	-58	-48	-28	-61	-25	-10	-4	-3	-48	-100	-93
Cash from Financing Activity +	-92	-61	-148	-140	-82	-85	-123	-206	-126	5	75	-58
Net Cash Flow	4	16	-17	6	-2	-4	4	-5	4	11	-4	-7

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-532.00	-520.00	-494.00	-401.00	-427.00	-427.00	-354.00	-177.00	-151.00	-143.00	-175.00	-252.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	51	47	41	47	47	52	44	40	53	39	52	60
Inventory Days	197	192	195	173	204	181	169	155	207	213	195	190
Days Payable	87	67	82	76	90	101	78	68	107	82	55	56
Cash Conversion Cycle	162	172	154	144	160	132	135	127	154	170	192	194
Working Capital Days	98	96	86	77	83	88	83	66	88	89	104	113
ROCE %	12%	15%	11%	14%	11%	8%	10%	15%	7%	15%	22%	9%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	58.79%	58.76%	58.73%	58.73%	57.82%	56.30%	56.25%	56.25%	56.11%	54.37%	54.37%	54.27%
FIIs	0.00%	0.00%	0.00%	0.00%	11.18%	11.40%	11.44%	0.00%	8.40%	8.93%	8.90%	8.91%
DIIs	7.38%	11.30%	11.38%	11.37%	0.19%	0.19%	0.00%	9.72%	0.00%	0.00%	0.00%	0.00%
Public	33.83%	29.94%	29.89%	29.90%	30.80%	32.12%	32.31%	34.03%	35.50%	36.70%	36.74%	36.83%
No. of Shareholders	8,310	8,979	9,991	10,590	12,857	12,505	11,747	13,057	14,766	15,342	15,147	14,382

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	10.00	10.00	10.00
Basic EPS (Rs.)	10.38	32.93	26.65	8.48	31.13
Diluted EPS (Rs.)	10.38	32.93	26.65	8.48	31.13
Cash EPS (Rs.)	22.56	44.30	51.76	35.22	61.11
Book Value[Excl.RevalReserv]/Share (Rs.)	156.27	148.71	233.01	208.66	199.26
Book Value[Incl.RevalReserv]/Share (Rs.)	156.27	148.71	233.01	208.66	199.26
Revenue From Operations / Share (Rs.)	369.21	437.83	695.12	459.58	753.39
PBDIT / Share (Rs.)	34.68	61.93	79.44	53.80	91.76
PBIT / Share (Rs.)	22.01	50.02	54.99	26.65	61.84
PBT / Share (Rs.)	13.36	40.75	42.07	9.55	33.64
Net Profit / Share (Rs.)	9.88	32.39	27.31	8.07	31.20
NP After MI And SOA / Share (Rs.)	10.38	32.93	26.65	8.48	31.13
PBDIT Margin (%)	9.39	14.14	11.42	11.70	12.17
PBIT Margin (%)	5.96	11.42	7.91	5.79	8.20
PBT Margin (%)	3.61	9.30	6.05	2.07	4.46
Net Profit Margin (%)	2.67	7.39	3.92	1.75	4.14
NP After MI And SOA Margin (%)	2.81	7.52	3.83	1.84	4.13
Return on Networth / Equity (%)	6.64	22.14	11.43	4.06	15.62
Return on Capital Employeed (%)	10.54	25.89	17.34	8.61	22.16
Return On Assets (%)	3.32	10.55	5.17	1.92	6.25
Long Term Debt / Equity (X)	0.27	0.24	0.26	0.38	0.28
Total Debt / Equity (X)	0.66	0.72	0.65	0.48	0.76
Asset Turnover Ratio (%)	1.18	1.54	1.45	0.97	1.40
Current Ratio (X)	1.60	1.53	1.49	1.76	1.23
Quick Ratio (X)	0.83	0.76	0.66	0.87	0.59
Inventory Turnover Ratio (X)	1.79	2.25	2.37	1.39	2.17
Dividend Payout Ratio (NP) (%)	28.89	3.79	5.62	0.00	8.03
Dividend Payout Ratio (CP) (%)	13.01	2.78	2.93	0.00	4.09
Earning Retention Ratio (%)	71.11	96.21	94.38	0.00	91.97
Cash Earning Retention Ratio (%)	86.99	97.22	97.07	0.00	95.91
Interest Coverage Ratio (X)	4.01	6.68	5.48	2.83	3.22
Interest Coverage Ratio (Post Tax) (X)	2.14	4.49	2.78	1.32	2.09
Enterprise Value (Cr.)	819.30	748.26	595.46	328.22	369.14
EV / Net Operating Revenue (X)	0.64	0.49	0.50	0.41	0.28
EV / EBITDA (X)	6.90	3.53	4.38	3.56	2.35
MarketCap / Net Operating Revenue (X)	0.39	0.27	0.30	0.21	0.09
Retention Ratios (%)	71.10	96.20	94.37	0.00	91.96
Price / BV (X)	0.92	0.81	0.91	0.47	0.35
Price / Net Operating Revenue (X)	0.39	0.27	0.30	0.21	0.09
EarningsYield	0.07	0.27	0.12	0.08	0.43

After reviewing the key financial ratios for Banswara Syntex Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 5.00.
For Basic EPS (Rs.), as of Mar 24, the value is 10.38. This value is within the healthy range. It has decreased from 32.93 (Mar 23) to 10.38, marking a decrease of 22.55.
For Diluted EPS (Rs.), as of Mar 24, the value is 10.38. This value is within the healthy range. It has decreased from 32.93 (Mar 23) to 10.38, marking a decrease of 22.55.
For Cash EPS (Rs.), as of Mar 24, the value is 22.56. This value is within the healthy range. It has decreased from 44.30 (Mar 23) to 22.56, marking a decrease of 21.74.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 156.27. It has increased from 148.71 (Mar 23) to 156.27, marking an increase of 7.56.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 156.27. It has increased from 148.71 (Mar 23) to 156.27, marking an increase of 7.56.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 369.21. It has decreased from 437.83 (Mar 23) to 369.21, marking a decrease of 68.62.
For PBDIT / Share (Rs.), as of Mar 24, the value is 34.68. This value is within the healthy range. It has decreased from 61.93 (Mar 23) to 34.68, marking a decrease of 27.25.
For PBIT / Share (Rs.), as of Mar 24, the value is 22.01. This value is within the healthy range. It has decreased from 50.02 (Mar 23) to 22.01, marking a decrease of 28.01.
For PBT / Share (Rs.), as of Mar 24, the value is 13.36. This value is within the healthy range. It has decreased from 40.75 (Mar 23) to 13.36, marking a decrease of 27.39.
For Net Profit / Share (Rs.), as of Mar 24, the value is 9.88. This value is within the healthy range. It has decreased from 32.39 (Mar 23) to 9.88, marking a decrease of 22.51.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 10.38. This value is within the healthy range. It has decreased from 32.93 (Mar 23) to 10.38, marking a decrease of 22.55.
For PBDIT Margin (%), as of Mar 24, the value is 9.39. This value is below the healthy minimum of 10. It has decreased from 14.14 (Mar 23) to 9.39, marking a decrease of 4.75.
For PBIT Margin (%), as of Mar 24, the value is 5.96. This value is below the healthy minimum of 10. It has decreased from 11.42 (Mar 23) to 5.96, marking a decrease of 5.46.
For PBT Margin (%), as of Mar 24, the value is 3.61. This value is below the healthy minimum of 10. It has decreased from 9.30 (Mar 23) to 3.61, marking a decrease of 5.69.
For Net Profit Margin (%), as of Mar 24, the value is 2.67. This value is below the healthy minimum of 5. It has decreased from 7.39 (Mar 23) to 2.67, marking a decrease of 4.72.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 2.81. This value is below the healthy minimum of 8. It has decreased from 7.52 (Mar 23) to 2.81, marking a decrease of 4.71.
For Return on Networth / Equity (%), as of Mar 24, the value is 6.64. This value is below the healthy minimum of 15. It has decreased from 22.14 (Mar 23) to 6.64, marking a decrease of 15.50.
For Return on Capital Employeed (%), as of Mar 24, the value is 10.54. This value is within the healthy range. It has decreased from 25.89 (Mar 23) to 10.54, marking a decrease of 15.35.
For Return On Assets (%), as of Mar 24, the value is 3.32. This value is below the healthy minimum of 5. It has decreased from 10.55 (Mar 23) to 3.32, marking a decrease of 7.23.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.27. This value is within the healthy range. It has increased from 0.24 (Mar 23) to 0.27, marking an increase of 0.03.
For Total Debt / Equity (X), as of Mar 24, the value is 0.66. This value is within the healthy range. It has decreased from 0.72 (Mar 23) to 0.66, marking a decrease of 0.06.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.18. It has decreased from 1.54 (Mar 23) to 1.18, marking a decrease of 0.36.
For Current Ratio (X), as of Mar 24, the value is 1.60. This value is within the healthy range. It has increased from 1.53 (Mar 23) to 1.60, marking an increase of 0.07.
For Quick Ratio (X), as of Mar 24, the value is 0.83. This value is below the healthy minimum of 1. It has increased from 0.76 (Mar 23) to 0.83, marking an increase of 0.07.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 1.79. This value is below the healthy minimum of 4. It has decreased from 2.25 (Mar 23) to 1.79, marking a decrease of 0.46.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 28.89. This value is within the healthy range. It has increased from 3.79 (Mar 23) to 28.89, marking an increase of 25.10.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 13.01. This value is below the healthy minimum of 20. It has increased from 2.78 (Mar 23) to 13.01, marking an increase of 10.23.
For Earning Retention Ratio (%), as of Mar 24, the value is 71.11. This value exceeds the healthy maximum of 70. It has decreased from 96.21 (Mar 23) to 71.11, marking a decrease of 25.10.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 86.99. This value exceeds the healthy maximum of 70. It has decreased from 97.22 (Mar 23) to 86.99, marking a decrease of 10.23.
For Interest Coverage Ratio (X), as of Mar 24, the value is 4.01. This value is within the healthy range. It has decreased from 6.68 (Mar 23) to 4.01, marking a decrease of 2.67.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 2.14. This value is below the healthy minimum of 3. It has decreased from 4.49 (Mar 23) to 2.14, marking a decrease of 2.35.
For Enterprise Value (Cr.), as of Mar 24, the value is 819.30. It has increased from 748.26 (Mar 23) to 819.30, marking an increase of 71.04.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.64. This value is below the healthy minimum of 1. It has increased from 0.49 (Mar 23) to 0.64, marking an increase of 0.15.
For EV / EBITDA (X), as of Mar 24, the value is 6.90. This value is within the healthy range. It has increased from 3.53 (Mar 23) to 6.90, marking an increase of 3.37.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.39. This value is below the healthy minimum of 1. It has increased from 0.27 (Mar 23) to 0.39, marking an increase of 0.12.
For Retention Ratios (%), as of Mar 24, the value is 71.10. This value exceeds the healthy maximum of 70. It has decreased from 96.20 (Mar 23) to 71.10, marking a decrease of 25.10.
For Price / BV (X), as of Mar 24, the value is 0.92. This value is below the healthy minimum of 1. It has increased from 0.81 (Mar 23) to 0.92, marking an increase of 0.11.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.39. This value is below the healthy minimum of 1. It has increased from 0.27 (Mar 23) to 0.39, marking an increase of 0.12.
For EarningsYield, as of Mar 24, the value is 0.07. This value is below the healthy minimum of 5. It has decreased from 0.27 (Mar 23) to 0.07, marking a decrease of 0.20.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Banswara Syntex Ltd as of March 10, 2025 is: ₹156.61

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 10, 2025, Banswara Syntex Ltd is Undervalued by 17.75% compared to the current share price 133.00

Intrinsic Value of Banswara Syntex Ltd as of March 10, 2025 is: 175.49

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 10, 2025, Banswara Syntex Ltd is Undervalued by 31.95% compared to the current share price 133.00

Last 5 Year EPS CAGR: 12.05%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (61.46 cr) and profit (42.38 cr) over the years.	The stock has a low average ROCE of 12.42%, which may not be favorable. The stock has a high average Working Capital Days of 89.25, which may not be favorable. The stock has a high average Cash Conversion Cycle of 158.00, which may not be favorable. The company has higher borrowings (472.31) compared to reserves (320.08), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Banswara Syntex Ltd:
1. Net Profit Margin: 2.67%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 10.54% (Industry Average ROCE: 8.86%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 6.64% (Industry Average ROE: 11.03%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 2.14
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.83
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 18.5 (Industry average Stock P/E: 32.42)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.66
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Banswara Syntex Ltd. is a Public Limited Listed company incorporated on 05/05/1976 and has its registered office in the State of Rajasthan, India. Company's Corporate Identification Number(CIN) is L24302RJ1976PLC001684 and registration number is 001684. Currently Company is involved in the business activities of Preparation and spinning of man-made fiber including blended* man-made fiber. Company's Total Operating Revenue is Rs. 1264.21 Cr. and Equity Capital is Rs. 17.12 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Textiles - Spinning - Synthetic Blended	Industrial Area, Dahod Road, Banswara Rajasthan 327001	secretarial@banswarasyntex.com http://www.banswarasyntex.com

Management
Name	Position Held
Mr. Rakesh Mehra	Chairman
Mr. Ravindra Kumar Toshniwal	Managing Director
Mr. Shaleen Toshniwal	Joint Managing Director
Mr. David Vlerick	Independent Director
Mr. Jagdeesh Mal Mehta	Independent Director
Dr. Vaijayanti Ajit Pandit	Independent Director
Mr. Narendra Kumar Ambwani	Independent Director

FAQ

What is the latest intrinsic value of Banswara Syntex Ltd?

The latest intrinsic value of Banswara Syntex Ltd as on 09 March 2025 is ₹156.61, which is 17.75% higher than the current market price of 133.00, indicating the stock is undervalued by 17.75%. The intrinsic value of Banswara Syntex Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹456 Cr. and recorded a high/low of ₹183/118 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹521 Cr and total liabilities of ₹1,208 Cr.

What is the Market Cap of Banswara Syntex Ltd?

The Market Cap of Banswara Syntex Ltd is 456 Cr..

What is the current Stock Price of Banswara Syntex Ltd as on 09 March 2025?

The current stock price of Banswara Syntex Ltd as on 09 March 2025 is ₹133.

What is the High / Low of Banswara Syntex Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Banswara Syntex Ltd stocks is ₹183/118.

What is the Stock P/E of Banswara Syntex Ltd?

The Stock P/E of Banswara Syntex Ltd is 18.5.

What is the Book Value of Banswara Syntex Ltd?

The Book Value of Banswara Syntex Ltd is 157.

What is the Dividend Yield of Banswara Syntex Ltd?

The Dividend Yield of Banswara Syntex Ltd is 0.75 %.

What is the ROCE of Banswara Syntex Ltd?

The ROCE of Banswara Syntex Ltd is 8.66 %.

What is the ROE of Banswara Syntex Ltd?

The ROE of Banswara Syntex Ltd is 6.69 %.

What is the Face Value of Banswara Syntex Ltd?

The Face Value of Banswara Syntex Ltd is 5.00.