BSE:540653

Stock Analysis Report

Sintex Plastics Technology

Executive Summary

Sintex Plastics Technology Limited, together with its subsidiaries, manufactures and sells plastic products in India, the United States, and Europe.

Snowflake

Fundamentals

Fair value with moderate growth potential.

Risks

  • Sintex Plastics Technology has significant price volatility in the past 3 months.
  • Sintex Plastics Technology is covered by less than 3 analysts.

Share Price & News

How has Sintex Plastics Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.3%

BSE:540653

-1.3%

IN Building

-0.7%

IN Market


1 Year Return

-90.3%

BSE:540653

-12.8%

IN Building

-12.1%

IN Market

540653 underperformed the Building industry which returned -13% over the past year.

540653 underperformed the Market in India which returned -12.1% over the past year.


Share holder returns

540653IndustryMarket
7 Day-4.3%-1.3%-0.7%
30 Day-37.5%-8.3%-4.6%
90 Day-75.1%-10.8%-4.3%
1 Year-90.3%-90.3%-12.3%-12.8%-10.3%-12.1%
3 Yearn/a16.3%14.2%18.9%12.8%
5 Yearn/a84.7%78.5%37.6%24.7%

Price Volatility Vs. Market

How volatile is Sintex Plastics Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Sintex Plastics Technology undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Sintex Plastics Technology's share price is below the future cash flow value, and at a moderate discount (> 20%).

Sintex Plastics Technology's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Sintex Plastics Technology is loss making, we can't compare its value to the IN Building industry average.

Sintex Plastics Technology is loss making, we can't compare the value of its earnings to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Sintex Plastics Technology, we can't assess if its growth is good value.


Price Based on Value of Assets

Sintex Plastics Technology is good value based on assets compared to the IN Building industry average.


Next Steps

Future Growth

How is Sintex Plastics Technology expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

22.0%

Forecasted Building industry annual growth in earnings


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Sintex Plastics Technology is high growth as no revenue estimate data is available.

Sintex Plastics Technology's earnings are expected to grow significantly at over 20% yearly.

Unable to compare Sintex Plastics Technology's revenue growth to the India market average as no estimate data is available.

Sintex Plastics Technology's earnings growth is expected to exceed the India market average.

Sintex Plastics Technology's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Sintex Plastics Technology will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Sintex Plastics Technology performed over the past 5 years?

-497.4%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Sintex Plastics Technology does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.

Unable to compare Sintex Plastics Technology's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Sintex Plastics Technology's 1-year growth to the IN Building industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Sintex Plastics Technology has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Sintex Plastics Technology has efficiently used its assets last year compared to the IN Building industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Sintex Plastics Technology improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Sintex Plastics Technology's financial position?


Financial Position Analysis

Sintex Plastics Technology is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Sintex Plastics Technology's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Sintex Plastics Technology's level of debt (104.2%) compared to net worth is high (greater than 40%).

Unable to establish if Sintex Plastics Technology's debt level has increased without past 5-year debt data.

Debt is not well covered by operating cash flow (7%, less than 20% of total debt).

Sintex Plastics Technology is making a loss, therefore interest payments are not well covered by earnings.


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.6x debt.


Next Steps

Dividend

What is Sintex Plastics Technology's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Sintex Plastics Technology's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Sintex Plastics Technology's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Sintex Plastics Technology has not reported any payouts.

Unable to verify if Sintex Plastics Technology's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Sintex Plastics Technology has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Sintex Plastics Technology's salary, the management and board of directors tenure and is there insider trading?

1.1yrs

Average management tenure


CEO

Amit Patel (53yo)

1.9yrs

Tenure

Mr. Amit Dineshchandra Patel, B.Com.MT (USA) has been the Managing Director of Sintex Plastics Technology Limited since September 15, 2017 and serves as its Chairman of the Board. Mr. Patel serves as the G ...


Management Age and Tenure

1.1yrs

Average Tenure

46yo

Average Age

The average tenure for the Sintex Plastics Technology management team is less than 2 years, this suggests a new team.


Board Age and Tenure

2.0yrs

Average Tenure

59yo

Average Age

The average tenure for the Sintex Plastics Technology board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Amit Patel (53yo)

    MD & Chairman

    • Tenure: 1.9yrs
  • Manan Bhavsar (40yo)

    Company Secretary & Compliance Officer

    • Tenure: 1.1yrs
    • Compensation: 2.14m
  • Yashpal Jain (46yo)

    Chief Financial Officer

    • Tenure: 0.2yrs

Board Members

  • Pravin Laheri (74yo)

    Independent Director

    • Tenure: 2.3yrs
    • Compensation: 80.00k
  • Amit Patel (53yo)

    MD & Chairman

  • Sandeepbhai Singhi (53yo)

    Independent Director

    • Tenure: 2.0yrs
    • Compensation: 65.00k
  • Desh Dogra (65yo)

    Independent Director

    • Tenure: 2.3yrs
    • Compensation: 150.00k
  • Amal Datt Dhruv (68yo)

    Additional Independent Director

    • Tenure: 0.4yrs
  • Gauri Trivedi (59yo)

    Independent Director

    • Tenure: 2.0yrs
    • Compensation: 130.00k
  • Rahul Patel (59yo)

    Non-Executive Director

    • Tenure: 4.3yrs
    • Compensation: 75.00k
  • Dinesh Khera (58yo)

    Additional Independent Director

    • Tenure: 0.4yrs

Company Information

Sintex Plastics Technology Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sintex Plastics Technology Limited
  • Ticker: 540653
  • Exchange: BSE
  • Founded: 1931
  • Industry: building products
  • Sector: capital goods
  • Market Cap: ₹2.398b
  • Shares outstanding: 631.03m
  • Website: Click here

Number of Employees


Location

  • Sintex Plastics Technology Limited
  • Near Seven Garnala
  • Kalol
  • Gujarat
  • 382721
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SINTEXPLASTNSEI (National Stock Exchange of India)YesEquity SharesININRAug 2017
540653BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 2017

Biography

Sintex Plastics Technology Limited, together with its subsidiaries, manufactures and sells plastic products in India, the United States, and Europe. The company operates in two segments, Custom Moulding Bu ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 13:07
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.