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Last Updated on: 12 March, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 524470 | NSE: SYNCOMF

Syncom Formulations (India) Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 8, 2025, 10:42 am

Market Cap 1,608 Cr.
Current Price 17.1
High / Low 27.9/11.0
Stock P/E42.2
Book Value 3.32
Dividend Yield0.00 %
ROCE10.2 %
ROE8.51 %
Face Value 1.00
PEG Ratio20.34

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

View Share Price Target for Syncom Formulations (India) Ltd

Competitors of Syncom Formulations (India) Ltd

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
MPS Pharmaa Ltd 6.71 Cr. 3.51 4.33/3.05 0.800.00 %9.15 %34.9 % 10.0
Gujarat Themis Biosyn Ltd 2,663 Cr. 244 390/19250.6 20.50.27 %45.0 %33.8 % 1.00
Gujarat Terce Laboratories Ltd 53.1 Cr. 71.5 94.9/32.118.0 11.90.00 %9.72 %3.44 % 10.0
Gujarat Inject (Kerala) Ltd 38.0 Cr. 26.0 29.0/8.7438.8 6.640.00 %2.65 %2.08 % 10.0
Godavari Drugs Ltd 70.4 Cr. 93.5 155/79.011.4 55.40.00 %14.4 %15.5 % 10.0
Industry Average17,255.37 Cr1,081.8442.42185.800.37%16.00%16.32%6.27

All Competitor Stocks of Syncom Formulations (India) Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 5758515457615962637386101127
Expenses 525648505155535657647690112
Operating Profit 5234666679101215
OPM % 9%4%7%8%10%10%10%10%11%12%11%12%11%
Other Income 2633272443244
Interest 0101111111000
Depreciation 1111111111111
Profit before tax 66556106899101517
Tax % 33%16%22%33%30%18%27%24%25%27%24%25%24%
Net Profit 454448466781113
EPS in Rs 0.050.060.040.040.040.090.050.070.070.070.080.120.14

Last Updated: February 28, 2025, 4:48 pm

Below is a detailed analysis of the quarterly data for Syncom Formulations (India) 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 ₹127.00 Cr.. The value appears strong and on an upward trend. It has increased from 101.00 Cr. (Sep 2024) to ₹127.00 Cr., marking an increase of ₹26.00 Cr..
  • For Expenses, as of Dec 2024, the value is ₹112.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 90.00 Cr. (Sep 2024) to ₹112.00 Cr., marking an increase of ₹22.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is ₹15.00 Cr.. The value appears strong and on an upward trend. It has increased from 12.00 Cr. (Sep 2024) to ₹15.00 Cr., marking an increase of ₹3.00 Cr..
  • For OPM %, as of Dec 2024, the value is 11.00%. The value appears to be declining and may need further review. It has decreased from 12.00% (Sep 2024) to 11.00%, marking a decrease of 1.00%.
  • For Other Income, as of Dec 2024, the value is ₹4.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 4.00 Cr..
  • For Interest, as of Dec 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹1.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 1.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹17.00 Cr.. The value appears strong and on an upward trend. It has increased from 15.00 Cr. (Sep 2024) to ₹17.00 Cr., marking an increase of ₹2.00 Cr..
  • For Tax %, as of Dec 2024, the value is 24.00%. The value appears to be improving (decreasing) as expected. It has decreased from 25.00% (Sep 2024) to 24.00%, marking a decrease of 1.00%.
  • For Net Profit, as of Dec 2024, the value is ₹13.00 Cr.. The value appears strong and on an upward trend. It has increased from 11.00 Cr. (Sep 2024) to ₹13.00 Cr., marking an increase of ₹2.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 0.14. The value appears strong and on an upward trend. It has increased from ₹0.12 (Sep 2024) to 0.14, marking an increase of ₹0.02.

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, 6:39 pm

MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 115151173184185159187206245216222257388
Expenses 104135155167168147175189207196202229343
Operating Profit 11161817161212173820202845
OPM % 9%11%11%9%9%7%6%8%16%9%9%11%12%
Other Income 11133455712151313
Interest 1000000102352
Depreciation 3333344444555
Profit before tax 8141616161213174126273251
Tax % 33%33%38%36%33%28%12%18%28%24%24%26%
Net Profit 69101011911142920202438
EPS in Rs 0.070.120.130.130.140.110.140.180.370.230.210.250.41
Dividend Payout % 24%17%16%15%15%0%0%0%0%13%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)50.00%11.11%0.00%10.00%-18.18%22.22%27.27%107.14%-31.03%0.00%20.00%
Change in YoY Net Profit Growth (%)0.00%-38.89%-11.11%10.00%-28.18%40.40%5.05%79.87%-138.18%31.03%20.00%

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

No data available for the compounded sales growth chart.

Balance Sheet

Last Updated: December 14, 2024, 2:39 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 22787878787878787986949494
Reserves 6517223136445568109136162192218
Borrowings 23661212926258837214
Other Liabilities 33423161483732334228383344
Total Liabilities 123140138175175171173181292308377392369
Fixed Assets 5050464685898993919491120117
CWIP 00050100062601
Investments 7962312211143646686
Other Assets 66808510189798387189165196206165
Total Assets 123140138175175171173181292308377392369

Below is a detailed analysis of the balance sheet data for Syncom Formulations (India) 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 ₹94.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹94.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹218.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹192.00 Cr. (Mar 2024) to ₹218.00 Cr., marking an increase of 26.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹14.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹72.00 Cr. (Mar 2024) to ₹14.00 Cr., marking a decrease of 58.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹44.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹33.00 Cr. (Mar 2024) to ₹44.00 Cr., marking an increase of 11.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹369.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹392.00 Cr. (Mar 2024) to ₹369.00 Cr., marking a decrease of 23.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹117.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹120.00 Cr. (Mar 2024) to ₹117.00 Cr., marking a decrease of 3.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹1.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹0.00 Cr. (Mar 2024) to ₹1.00 Cr., marking an increase of 1.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹86.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹66.00 Cr. (Mar 2024) to ₹86.00 Cr., marking an increase of 20.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹165.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹206.00 Cr. (Mar 2024) to ₹165.00 Cr., marking a decrease of 41.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹369.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹392.00 Cr. (Mar 2024) to ₹369.00 Cr., marking a decrease of 23.00 Cr..

Notably, the Reserves (₹218.00 Cr.) exceed the Borrowings (14.00 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

No data available for this post.

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow9.0013.0012.0011.004.000.003.0015.00-24.00-38.00-63.00-44.00

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

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days9271669191878177112114124132
Inventory Days293634432937373951515349
Days Payable91105631309275574966365233
Cash Conversion Cycle2913742749616796129124148
Working Capital Days101839751701039092121131133153
ROCE %10%15%16%15%14%9%9%12%21%11%10%10%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters46.12%50.57%50.57%50.57%50.57%50.57%50.57%50.57%50.57%50.57%50.57%50.57%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.08%0.09%0.10%0.13%
Public53.88%49.43%49.43%49.43%49.44%49.44%49.44%49.44%49.35%49.34%49.34%49.30%
No. of Shareholders2,32,6172,35,5172,32,7502,32,0692,27,4782,24,9252,24,2522,89,9823,25,7613,76,5304,69,2424,89,520

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Motilal Oswal S&P BSE Healthcare ETF5,3870.090.015,3872025-03-060%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 17Mar 16
FaceValue 1.001.001.001.001.00
Basic EPS (Rs.) 0.340.240.260.130.13
Diluted EPS (Rs.) 0.340.240.240.130.13
Cash EPS (Rs.) 0.310.260.270.170.17
Book Value[Excl.RevalReserv]/Share (Rs.) 3.072.722.581.501.39
Book Value[Incl.RevalReserv]/Share (Rs.) 3.072.722.581.501.39
Revenue From Operations / Share (Rs.) 2.802.392.552.372.36
PBDIT / Share (Rs.) 0.450.360.370.240.24
PBIT / Share (Rs.) 0.400.310.320.200.20
PBT / Share (Rs.) 0.360.280.300.200.20
Net Profit / Share (Rs.) 0.260.210.220.130.13
NP After MI And SOA / Share (Rs.) 0.260.210.220.130.13
PBDIT Margin (%) 16.3915.2614.5810.4310.47
PBIT Margin (%) 14.5913.2312.788.748.84
PBT Margin (%) 12.8911.8411.918.598.81
Net Profit Margin (%) 9.618.949.005.695.63
NP After MI And SOA Margin (%) 9.618.949.005.695.63
Return on Networth / Equity (%) 8.787.838.908.979.52
Return on Capital Employeed (%) 12.8911.2112.2012.9214.15
Return On Assets (%) 6.255.316.425.845.90
Total Debt / Equity (X) 0.250.320.260.100.05
Asset Turnover Ratio (%) 0.670.650.001.051.18
Current Ratio (X) 2.581.611.791.501.43
Quick Ratio (X) 2.381.421.541.321.17
Inventory Turnover Ratio (X) 6.224.890.005.425.22
Dividend Payout Ratio (NP) (%) 0.000.000.0014.8215.07
Dividend Payout Ratio (CP) (%) 0.000.000.0011.4311.69
Earning Retention Ratio (%) 0.000.000.0085.1884.93
Cash Earning Retention Ratio (%) 0.000.000.0088.5788.31
Interest Coverage Ratio (X) 9.6510.9316.6268.46271.98
Interest Coverage Ratio (Post Tax) (X) 6.667.4111.2538.42148.59
Enterprise Value (Cr.) 1055.54629.15974.19159.72174.01
EV / Net Operating Revenue (X) 4.012.814.430.860.94
EV / EBITDA (X) 24.4518.3830.428.289.03
MarketCap / Net Operating Revenue (X) 3.992.474.170.830.94
Retention Ratios (%) 0.000.000.0085.1784.92
Price / BV (X) 3.652.174.131.311.60
Price / Net Operating Revenue (X) 3.992.474.170.830.94
EarningsYield 0.020.030.020.060.05

After reviewing the key financial ratios for Syncom Formulations (India) Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 0.34. This value is below the healthy minimum of 5. It has increased from 0.24 (Mar 23) to 0.34, marking an increase of 0.10.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 0.34. This value is below the healthy minimum of 5. It has increased from 0.24 (Mar 23) to 0.34, marking an increase of 0.10.
  • For Cash EPS (Rs.), as of Mar 24, the value is 0.31. This value is below the healthy minimum of 3. It has increased from 0.26 (Mar 23) to 0.31, marking an increase of 0.05.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 3.07. It has increased from 2.72 (Mar 23) to 3.07, marking an increase of 0.35.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 3.07. It has increased from 2.72 (Mar 23) to 3.07, marking an increase of 0.35.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 2.80. It has increased from 2.39 (Mar 23) to 2.80, marking an increase of 0.41.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 0.45. This value is below the healthy minimum of 2. It has increased from 0.36 (Mar 23) to 0.45, marking an increase of 0.09.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 0.40. This value is within the healthy range. It has increased from 0.31 (Mar 23) to 0.40, marking an increase of 0.09.
  • For PBT / Share (Rs.), as of Mar 24, the value is 0.36. This value is within the healthy range. It has increased from 0.28 (Mar 23) to 0.36, marking an increase of 0.08.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 0.26. This value is below the healthy minimum of 2. It has increased from 0.21 (Mar 23) to 0.26, marking an increase of 0.05.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 0.26. This value is below the healthy minimum of 2. It has increased from 0.21 (Mar 23) to 0.26, marking an increase of 0.05.
  • For PBDIT Margin (%), as of Mar 24, the value is 16.39. This value is within the healthy range. It has increased from 15.26 (Mar 23) to 16.39, marking an increase of 1.13.
  • For PBIT Margin (%), as of Mar 24, the value is 14.59. This value is within the healthy range. It has increased from 13.23 (Mar 23) to 14.59, marking an increase of 1.36.
  • For PBT Margin (%), as of Mar 24, the value is 12.89. This value is within the healthy range. It has increased from 11.84 (Mar 23) to 12.89, marking an increase of 1.05.
  • For Net Profit Margin (%), as of Mar 24, the value is 9.61. This value is within the healthy range. It has increased from 8.94 (Mar 23) to 9.61, marking an increase of 0.67.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 9.61. This value is within the healthy range. It has increased from 8.94 (Mar 23) to 9.61, marking an increase of 0.67.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 8.78. This value is below the healthy minimum of 15. It has increased from 7.83 (Mar 23) to 8.78, marking an increase of 0.95.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 12.89. This value is within the healthy range. It has increased from 11.21 (Mar 23) to 12.89, marking an increase of 1.68.
  • For Return On Assets (%), as of Mar 24, the value is 6.25. This value is within the healthy range. It has increased from 5.31 (Mar 23) to 6.25, marking an increase of 0.94.
  • For Total Debt / Equity (X), as of Mar 24, the value is 0.25. This value is within the healthy range. It has decreased from 0.32 (Mar 23) to 0.25, marking a decrease of 0.07.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 0.67. It has increased from 0.65 (Mar 23) to 0.67, marking an increase of 0.02.
  • For Current Ratio (X), as of Mar 24, the value is 2.58. This value is within the healthy range. It has increased from 1.61 (Mar 23) to 2.58, marking an increase of 0.97.
  • For Quick Ratio (X), as of Mar 24, the value is 2.38. This value exceeds the healthy maximum of 2. It has increased from 1.42 (Mar 23) to 2.38, marking an increase of 0.96.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 6.22. This value is within the healthy range. It has increased from 4.89 (Mar 23) to 6.22, marking an increase of 1.33.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 9.65. This value is within the healthy range. It has decreased from 10.93 (Mar 23) to 9.65, marking a decrease of 1.28.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 6.66. This value is within the healthy range. It has decreased from 7.41 (Mar 23) to 6.66, marking a decrease of 0.75.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 1,055.54. It has increased from 629.15 (Mar 23) to 1,055.54, marking an increase of 426.39.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 4.01. This value exceeds the healthy maximum of 3. It has increased from 2.81 (Mar 23) to 4.01, marking an increase of 1.20.
  • For EV / EBITDA (X), as of Mar 24, the value is 24.45. This value exceeds the healthy maximum of 15. It has increased from 18.38 (Mar 23) to 24.45, marking an increase of 6.07.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 3.99. This value exceeds the healthy maximum of 3. It has increased from 2.47 (Mar 23) to 3.99, marking an increase of 1.52.
  • For Retention Ratios (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 23) which recorded 0.00.
  • For Price / BV (X), as of Mar 24, the value is 3.65. This value exceeds the healthy maximum of 3. It has increased from 2.17 (Mar 23) to 3.65, marking an increase of 1.48.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 3.99. This value exceeds the healthy maximum of 3. It has increased from 2.47 (Mar 23) to 3.99, marking an increase of 1.52.
  • For EarningsYield, as of Mar 24, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.03 (Mar 23) to 0.02, marking a decrease of 0.01.

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 Syncom Formulations (India) Ltd as of March 12, 2025 is: ₹9.73

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 12, 2025, Syncom Formulations (India) Ltd is Overvalued by 43.10% compared to the current share price 17.10

Intrinsic Value of Syncom Formulations (India) Ltd as of March 12, 2025 is: 9.93

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 12, 2025, Syncom Formulations (India) Ltd is Overvalued by 41.93% compared to the current share price 17.10

Last 5 Year EPS CAGR: 2.07%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of 0.29 and average Dividend Yield of 11.64%.
  2. The company has higher reserves (88.85 cr) compared to borrowings (26.23 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (206.77 cr) and profit (22.23 cr) over the years.
  1. The stock has a low average ROCE of 12.67%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 102.08, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 64.33, which may not be favorable.

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 Syncom Formulations (India) Ltd:
    1. Net Profit Margin: 9.61%
      • 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: 12.89% (Industry Average ROCE: 16%)
      • 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%: 8.78% (Industry Average ROE: 16.32%)
      • 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): 6.66
      • 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: 2.38
      • 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: 42.2 (Industry average Stock P/E: 42.42)
      • 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: 0.25
      • 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

Syncom Formulation (India) Ltd. is a Public Limited Listed company incorporated on 21/06/1988 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L24239MH1988PLC047759 and registration number is 047759. Currently Company is involved in the business activities of Manufacture of allopathic pharmaceutical preparations. Company's Total Operating Revenue is Rs. 258.36 Cr. and Equity Capital is Rs. 94.00 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Pharmaceuticals7, Niraj Industrial Estate, Mumbai Maharashtra 400093finance@sfil.in
http://www.sfil.in
Management
NamePosition Held
Mr. Kedarmal Shankarlal BankdaExe.Chairman & W T D
Mr. Vijay Shankarlal BankdaManaging Director
Mrs. Rinki Ankit BankdaWhole Time Director
Mrs. Ruchi JindalIndependent Woman Director
Mr. Ritesh Kumar LunkadIndependent Director
Mr. Ankit JainIndependent Director

FAQ

What is the latest intrinsic value of Syncom Formulations (India) Ltd?

The latest intrinsic value of Syncom Formulations (India) Ltd as on 12 March 2025 is ₹9.73, which is 43.10% lower than the current market price of 17.10, indicating the stock is overvalued by 43.10%. The intrinsic value of Syncom Formulations (India) Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹1,608 Cr. and recorded a high/low of ₹27.9/11.0 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹218 Cr and total liabilities of ₹369 Cr.

What is the Market Cap of Syncom Formulations (India) Ltd?

The Market Cap of Syncom Formulations (India) Ltd is 1,608 Cr..

What is the current Stock Price of Syncom Formulations (India) Ltd as on 12 March 2025?

The current stock price of Syncom Formulations (India) Ltd as on 12 March 2025 is ₹17.1.

What is the High / Low of Syncom Formulations (India) Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Syncom Formulations (India) Ltd stocks is ₹27.9/11.0.

What is the Stock P/E of Syncom Formulations (India) Ltd?

The Stock P/E of Syncom Formulations (India) Ltd is 42.2.

What is the Book Value of Syncom Formulations (India) Ltd?

The Book Value of Syncom Formulations (India) Ltd is 3.32.

What is the Dividend Yield of Syncom Formulations (India) Ltd?

The Dividend Yield of Syncom Formulations (India) Ltd is 0.00 %.

What is the ROCE of Syncom Formulations (India) Ltd?

The ROCE of Syncom Formulations (India) Ltd is 10.2 %.

What is the ROE of Syncom Formulations (India) Ltd?

The ROE of Syncom Formulations (India) Ltd is 8.51 %.

What is the Face Value of Syncom Formulations (India) Ltd?

The Face Value of Syncom Formulations (India) Ltd is 1.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Syncom Formulations (India) Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE