Commercial Syn Bags Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Commercial Syn Bags Ltd?

Commercial Syn Bags Ltd is trading at 155.00 as of 26 April 2026, with a FY2026-2027 high of 200 and low of 81.0. The stock is currently in the middle of its 52-week range. Market cap stands at 624 Cr..

Q: Is Commercial Syn Bags Ltd financially healthy?

Key indicators: ROCE of 12.3 % is moderate. Dividend yield is 0.26 %.

Q: Is Commercial Syn Bags Ltd profitable and how is the profit trend?

Commercial Syn Bags Ltd reported a net profit of 17 Cr in Mar 2025 on revenue of 347 Cr. Compared to 18 Cr in Mar 2022, the net profit shows a declining trend.

Fair Value

₹89.32Overvalued by 42.37%vs CMP ₹155.00

P/E (22.3) × ROE (12.3%) × BV (₹40.60) × DY (0.26%)

₹78.69Overvalued by 49.23%vs CMP ₹155.00

MoS: -97% (Negative)Confidence: 73/100 (High)Models: All 8: Overvalued

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹95.90	25%	Over (-38.1%)
Graham Number	Earnings	₹80.08	18%	Over (-48.3%)
DCF	Cash Flow	₹76.82	15%	Over (-50.4%)
Net Asset Value	Assets	₹40.24	8%	Over (-74%)
EV/EBITDA	Enterprise	₹62.35	10%	Over (-59.8%)
Earnings Yield	Earnings	₹70.20	8%	Over (-54.7%)
ROCE Capital	Returns	₹85.32	10%	Over (-45%)
Revenue Multiple	Revenue	₹86.19	6%	Over (-44.4%)
Consensus (8 models)		₹78.69	100%	Overvalued

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 7.4%

*Investments are subject to market risks

Analyst Summary

Commercial Syn Bags Ltd operates in the Packaging & Containers segment, NSE: COMSYN | BSE: 539986, current market price is ₹155.00, market cap is 624 Cr.. At a glance, stock P/E is 22.3, ROE is 12.3 %, ROCE is 12.3 %, book value is 40.6, dividend yield is 0.26 %. The latest intrinsic value estimate is ₹78.69, around 49.2% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹347 Cr versus the prior period change of 20.5%, while latest net profit is about ₹17 Cr with a prior-period change of 112.5%. The 52-week range shown on this page is 200/81.0, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisCommercial Syn Bags Ltd. is a Public Limited Listed company incorporated on 10/12/1984 and has its registered office in the State of Madhya Pradesh, India. Company's Corporate Identification Number(CI…

This summary is generated from the stock page data available for Commercial Syn Bags Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Commercial Syn Bags Ltd scores 62/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health62/100 · Moderate

ROCE 12.3% GoodROE 12.3% GoodD/E 1.00 High debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

FII holding stable No changePromoter holding at 58.8% Stable

Earnings Quality50/100 · Moderate

OPM stable around 10% Steady

Quarterly Momentum90/100 · Strong

Revenue (4Q): +20% YoY AcceleratingProfit (4Q): +129% YoY Strong

Industry Rank50/100 · Moderate

P/E 22.3 vs industry 44.2 Cheaper than peersROCE 12.3% vs industry 12.8% AverageROE 12.3% vs industry 24.7% Below peers3Y sales CAGR: 2% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 26, 2026, 1:17 am

Market Cap	624 Cr.
Current Price	155
Intrinsic Value	₹78.69
High / Low	200/81.0
Stock P/E	22.3
Book Value	40.6
Dividend Yield	0.26 %
ROCE	12.3 %
ROE	12.3 %
Face Value	10.0
PEG Ratio	3.03

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Commercial Syn Bags Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Commercial Syn Bags Ltd	624 Cr.	155	200/81.0	22.3	40.6	0.26 %	12.3 %	12.3 %	10.0
Shree Rama Multi-Tech Ltd	614 Cr.	46.0	72.0/31.0	10.8	12.6	0.00 %	15.3 %	40.4 %	5.00
Cropster Agro Ltd	566 Cr.	6.74	32.1/5.24	36.5	1.38	0.00 %	16.1 %	15.6 %	1.00
Shree Tirupati Balajee FIBC Ltd	476 Cr.	470	893/406	52.0	92.9	0.00 %	15.5 %	16.9 %	10.0
B&B Triplewall Containers Ltd	404 Cr.	197	229/140	34.2	59.6	0.00 %	3.24 %	3.75 %	10.0
Industry Average	1,806.90 Cr	315.50		44.19	189.00	0.33%	12.76%	24.70%	7.38

All Competitor Stocks of Commercial Syn Bags Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	64.86	60.58	79.47	68.26	71.07	69.63	76.89	86.65	86.49	97.79	90.51	98.45	97.48
Expenses	59.84	53.78	72.89	60.84	67.07	60.89	70.02	78.79	77.04	86.41	79.49	85.45	85.39
Operating Profit	5.02	6.80	6.58	7.42	4.00	8.74	6.87	7.86	9.45	11.38	11.02	13.00	12.09
OPM %	7.74%	11.22%	8.28%	10.87%	5.63%	12.55%	8.93%	9.07%	10.93%	11.64%	12.18%	13.20%	12.40%
Other Income	0.65	0.14	0.27	0.56	0.24	2.27	0.85	0.80	0.13	2.25	0.71	0.36	0.15
Interest	1.64	1.69	1.63	2.05	1.65	3.08	2.33	2.10	2.74	2.20	2.44	2.10	2.16
Depreciation	2.31	2.56	2.63	2.71	2.79	2.81	3.00	2.67	2.64	0.52	2.72	2.67	2.73
Profit before tax	1.72	2.69	2.59	3.22	-0.20	5.12	2.39	3.89	4.20	10.91	6.57	8.59	7.35
Tax %	11.63%	11.52%	1.93%	27.02%	30.00%	37.11%	19.25%	7.71%	16.19%	26.12%	15.53%	1.98%	18.37%
Net Profit	1.52	2.39	2.54	2.35	-0.25	3.22	1.93	3.60	3.52	8.07	5.55	8.42	6.00
EPS in Rs	0.38	0.60	0.64	0.59	-0.06	0.81	0.48	0.90	0.88	2.02	1.39	2.11	1.50

Last Updated: March 3, 2026, 11:16 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 2:45 am

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	191	213	323	290	288	347	384
Expenses	167	189	289	266	261	312	337
Operating Profit	24	25	34	24	27	36	47
OPM %	12%	12%	10%	8%	9%	10%	12%
Other Income	2	1	4	2	3	4	3
Interest	4	4	7	6	8	9	9
Depreciation	7	8	9	10	11	9	9
Profit before tax	14	15	21	9	11	21	33
Tax %	21%	17%	14%	14%	27%	20%
Net Profit	11	12	18	8	8	17	28
EPS in Rs	3.22	3.37	4.92	2.02	1.97	4.29	7.02
Dividend Payout %	16%	20%	14%	0%	0%	9%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	9.09%	50.00%	-55.56%	0.00%	112.50%
Change in YoY Net Profit Growth (%)	0.00%	40.91%	-105.56%	55.56%	112.50%

Commercial Syn Bags Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2020-2021 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	13%
3 Years:	3%
TTM:	26%

Compounded Profit Growth
10 Years:	%
5 Years:	9%
3 Years:	-2%
TTM:	186%

Stock Price CAGR
10 Years:	%
5 Years:	50%
3 Years:	20%
1 Year:	128%

Return on Equity
10 Years:	%
5 Years:	12%
3 Years:	9%
Last Year:	12%

Last Updated: September 5, 2025, 3:01 pm

Balance Sheet

Last Updated: December 4, 2025, 2:40 am

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	12	12	12	40	40	40	40
Reserves	57	67	93	81	89	110	122
Borrowings	52	86	84	76	109	115	109
Other Liabilities	19	32	32	31	36	43	44
Total Liabilities	140	197	222	227	273	308	316
Fixed Assets	58	87	94	99	108	100	102
CWIP	14	0	0	13	0	2	4
Investments	0	0	-0	-0	22	23	24
Other Assets	68	109	128	116	143	183	185
Total Assets	140	197	222	227	273	308	316

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	27	-9	6	38	6	1
Cash from Investing Activity +	-17	-17	-7	-30	-29	-0
Cash from Financing Activity +	-10	28	-1	-8	23	0
Net Cash Flow	-0	2	-2	-1	0	1
Free Cash Flow	10	-27	-9	10	-0	-1
CFO/OP	130%	-25%	29%	172%	30%	9%

Free Cash Flow

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-28.00	-61.00	-50.00	-52.00	-82.00	-79.00

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 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	35	37	40	35	54	48
Inventory Days	110	190	115	129	164	160
Days Payable	21	39	30	34	39	37
Cash Conversion Cycle	124	187	125	130	179	172
Working Capital Days	35	35	42	44	28	40
ROCE %		13%	16%	8%	9%	12%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	58.66%	58.66%	58.79%	58.79%	58.79%	58.79%	58.79%	58.79%	58.79%	58.79%	58.79%	58.79%
FIIs	0.00%	0.00%	0.00%	0.00%	0.11%	0.00%	0.00%	0.00%	0.00%	0.24%	0.11%	0.00%
Public	41.35%	41.34%	41.22%	41.22%	41.10%	41.21%	41.22%	41.22%	41.21%	40.96%	41.10%	41.21%
No. of Shareholders	4,749	4,875	4,921	4,698	4,711	4,671	5,735	5,864	5,240	4,810	6,015	5,007

Shareholding Pattern Chart

No. of Shareholders

Commercial Syn Bags Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	4.29	1.97	2.02	15.48	10.14
Diluted EPS (Rs.)	4.29	1.97	2.02	14.64	10.14
Cash EPS (Rs.)	6.49	4.70	4.43	22.38	16.62
Book Value[Excl.RevalReserv]/Share (Rs.)	37.56	32.22	30.17	85.22	66.59
Book Value[Incl.RevalReserv]/Share (Rs.)	37.56	32.22	30.17	85.22	66.59
Revenue From Operations / Share (Rs.)	87.06	72.19	72.63	260.10	180.85
PBDIT / Share (Rs.)	9.91	7.53	6.31	30.01	22.08
PBIT / Share (Rs.)	7.70	4.79	3.90	22.39	15.60
PBT / Share (Rs.)	5.36	2.69	2.37	17.09	12.28
Net Profit / Share (Rs.)	4.29	1.97	2.02	14.76	10.14
NP After MI And SOA / Share (Rs.)	4.29	1.97	2.02	14.76	10.14
PBDIT Margin (%)	11.38	10.42	8.69	11.53	12.20
PBIT Margin (%)	8.84	6.63	5.37	8.60	8.62
PBT Margin (%)	6.15	3.72	3.25	6.56	6.78
Net Profit Margin (%)	4.92	2.72	2.78	5.67	5.60
NP After MI And SOA Margin (%)	4.92	2.72	2.78	5.67	5.60
Return on Networth / Equity (%)	11.41	6.10	6.70	17.32	15.22
Return on Capital Employeed (%)	16.55	11.03	9.36	19.10	15.21
Return On Assets (%)	5.56	2.87	3.57	8.26	6.09
Long Term Debt / Equity (X)	0.13	0.24	0.28	0.26	0.46
Total Debt / Equity (X)	0.71	0.78	0.56	0.72	1.00
Asset Turnover Ratio (%)	1.20	1.16	1.34	1.59	1.31
Current Ratio (X)	1.36	1.27	1.67	1.56	1.35
Quick Ratio (X)	0.70	0.54	0.69	0.78	0.60
Inventory Turnover Ratio (X)	4.55	4.43	2.76	3.15	2.69
Dividend Payout Ratio (NP) (%)	0.00	0.00	34.58	12.90	14.79
Dividend Payout Ratio (CP) (%)	0.00	0.00	15.79	8.51	9.02
Earning Retention Ratio (%)	0.00	0.00	65.42	87.10	85.21
Cash Earning Retention Ratio (%)	0.00	0.00	84.21	91.49	90.98
Interest Coverage Ratio (X)	4.23	3.58	4.11	5.66	6.64
Interest Coverage Ratio (Post Tax) (X)	2.83	1.93	2.32	3.78	4.05
Enterprise Value (Cr.)	417.42	347.33	403.66	392.60	201.90
EV / Net Operating Revenue (X)	1.20	1.20	1.39	1.22	0.94
EV / EBITDA (X)	10.54	11.55	16.00	10.55	7.74
MarketCap / Net Operating Revenue (X)	0.91	0.87	1.17	0.99	0.60
Retention Ratios (%)	0.00	0.00	65.41	87.09	85.20
Price / BV (X)	2.11	1.95	2.82	3.04	1.64
Price / Net Operating Revenue (X)	0.91	0.87	1.17	0.99	0.60
EarningsYield	0.05	0.03	0.02	0.05	0.09

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Commercial Syn Bags Ltd. is a Public Limited Listed company incorporated on 10/12/1984 and has its registered office in the State of Madhya Pradesh, India. Company's Corporate Identification Number(CIN) is L25202MP1984PLC002669 and registration number is 002669. Currently company belongs to the Industry of Packaging & Containers. Company's Total Operating Revenue is Rs. 341.61 Cr. and Equity Capital is Rs. 39.95 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Packaging & Containers	Commercial House, 3-4, Jaora Compound, Indore Madhya Pradesh 452001	Contact not found

Management
Name	Position Held
Mr. Anil Choudhary	Chairman & Managing Director
Ms. Ranjana Choudhary	Whole Time Director
Mr. Virendra Singh Pamecha	Whole Time Director
Mr. Sunil Agrawal	Independent Director
Mr. Milind Mahajan	Independent Director
Mr. Vijay Kumar Bansal	Independent Director

FAQ

What is the intrinsic value of Commercial Syn Bags Ltd and is it undervalued?

As of 26 April 2026, Commercial Syn Bags Ltd's intrinsic value is ₹78.69, which is 49.23% lower than the current market price of ₹155.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (12.3 %), book value (₹40.6), dividend yield (0.26 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Commercial Syn Bags Ltd?

Commercial Syn Bags Ltd is trading at ₹155.00 as of 26 April 2026, with a FY2026-2027 high of ₹200 and low of ₹81.0. The stock is currently in the middle of its 52-week range. Market cap stands at ₹624 Cr..

How does Commercial Syn Bags Ltd's P/E ratio compare to its industry?

Commercial Syn Bags Ltd has a P/E ratio of 22.3, which is below the industry average of 44.19. This is broadly in line with or below the industry average.

Is Commercial Syn Bags Ltd financially healthy?

Key indicators for Commercial Syn Bags Ltd: ROCE of 12.3 % is moderate. Dividend yield is 0.26 %.

Is Commercial Syn Bags Ltd profitable and how is the profit trend?

Commercial Syn Bags Ltd reported a net profit of ₹17 Cr in Mar 2025 on revenue of ₹347 Cr. Compared to ₹18 Cr in Mar 2022, the net profit shows a declining trend.

Does Commercial Syn Bags Ltd pay dividends?

Commercial Syn Bags Ltd has a dividend yield of 0.26 % at the current price of ₹155.00. The company pays dividends, though the yield is modest.