company background image
5027

Sintex IndustriesBSE:502742 Stock Report

Market Cap

₹2.9b

7D

1.7%

1Y

40.6%

Updated

26 Oct, 2021

Data

Company Financials
502742 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

502742 Overview

Sintex Industries Limited manufactures and sells textiles and yarns in India and internationally.

Sintex Industries Competitors

Alok Industries

BSE:521070

₹113.0b

Vardhman Textiles

BSE:502986

₹103.7b

Arvind

BSE:500101

₹32.5b

Bombay Dyeing and Manufacturing

BSE:500020

₹19.5b

Price History & Performance

Summary of all time highs, changes and price drops for Sintex Industries
Historical stock prices
Current Share Price₹4.88
52 Week High₹2.33
52 Week Low₹5.83
Beta1.19
1 Month Change30.83%
3 Month Change8.93%
1 Year Change40.63%
3 Year Change-59.70%
5 Year Change-94.53%
Change since IPO103.33%

Recent News & Updates

Shareholder Returns

502742IN LuxuryIN Market
7D1.7%-6.3%-4.6%
1Y40.6%97.8%61.7%

Return vs Industry: 502742 underperformed the Indian Luxury industry which returned 97.8% over the past year.

Return vs Market: 502742 underperformed the Indian Market which returned 61.7% over the past year.

Price Volatility

Is 502742's price volatile compared to industry and market?
502742 volatility
502742 Beta1.19
Industry Beta0.72
Market Beta1

Stable Share Price: 502742 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 502742's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19315,026Rahul Patelhttps://www.sintex.in

Sintex Industries Limited manufactures and sells textiles and yarns in India and internationally. The company offers fabrics in various blends, including metallic yarn, silk yarn, mélange yarn, linen, modal, nylon-viscose, and cupro, as well as a range of weaves, such as dobbies, jacquards, leno, double beam and double ereel, and others; and men’s/women’s apparel and furnishings under the BVM brand. It also provides yarns comprising cotton combed and carded, compact, blended, contamination-free, ply, TFO/multi-fold, and ring spun yarns; and specialty yarns that include core spun, slub, neppy, injection, eli-twist, fancy, dyed, melange, linen, linen blended yarns, and other yarns.

Sintex Industries Fundamentals Summary

How do Sintex Industries's earnings and revenue compare to its market cap?
502742 fundamental statistics
Market Cap₹2.92b
Earnings (TTM)-₹7.67b
Revenue (TTM)₹20.27b

0.1x

P/S Ratio

-0.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
502742 income statement (TTM)
Revenue₹20.27b
Cost of Revenue₹13.07b
Gross Profit₹7.20b
Expenses₹14.87b
Earnings-₹7.67b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 29, 2021

Earnings per share (EPS)-12.80
Gross Margin35.53%
Net Profit Margin-37.83%
Debt/Equity Ratio418.2%

How did 502742 perform over the long term?

See historical performance and comparison

Valuation

Is Sintex Industries undervalued compared to its fair value and its price relative to the market?

0.16x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 502742's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 502742's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 502742 is unprofitable, so we can't compare its PE Ratio to the Indian Luxury industry average.

PE vs Market: 502742 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 502742's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 502742 is good value based on its PB Ratio (0.2x) compared to the IN Luxury industry average (1.1x).


Future Growth

How is Sintex Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

36.6%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sintex Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Sintex Industries performed over the past 5 years?

-69.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 502742 is currently unprofitable.

Growing Profit Margin: 502742 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 502742 is unprofitable, and losses have increased over the past 5 years at a rate of 69.9% per year.

Accelerating Growth: Unable to compare 502742's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 502742 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (75.3%).


Return on Equity

High ROE: 502742 has a negative Return on Equity (-40.8%), as it is currently unprofitable.


Financial Health

How is Sintex Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 502742's short term assets (₹10.8B) do not cover its short term liabilities (₹79.9B).

Long Term Liabilities: 502742's short term assets (₹10.8B) exceed its long term liabilities (₹43.7M).


Debt to Equity History and Analysis

Debt Level: 502742's debt to equity ratio (418.2%) is considered high.

Reducing Debt: 502742's debt to equity ratio has increased from 120.7% to 418.2% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 502742 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 502742 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 57.7% per year.


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 502742's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 502742's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 502742's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 502742's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 502742 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 502742's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average board tenure


CEO

Rahul Patel (62 yo)

no data

Tenure

Mr. Rahul Arunprasad Patel, B.Com., MBA, serves as Chairman at Sintex Industries Limited since May 22, 2019 and serves as its Managing Director. Mr. Patel serves as an Executive Director at Sintex Industri...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Rahul's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Rahul's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: 502742's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Sintex Industries Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Sintex Industries Limited
  • Ticker: 502742
  • Exchange: BSE
  • Founded: 1931
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹2.924b
  • Shares outstanding: 599.22m
  • Website: https://www.sintex.in

Number of Employees


Location

  • Sintex Industries Limited
  • Gandhinagar District
  • Kalol
  • Gujarat
  • 382721
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:08
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.