BSE:508933

Stock Analysis Report

Executive Summary

AYM Syntex Limited manufactures and sells synthetic yarns in India.

Snowflake

Fundamentals

Adequate balance sheet with limited growth.

Share Price & News

How has AYM Syntex's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.5%

508933

-0.02%

IN Luxury

1.6%

IN Market


1 Year Return

-20.4%

508933

7.7%

IN Luxury

0.8%

IN Market

Return vs Industry: 508933 underperformed the Indian Luxury industry which returned 7.7% over the past year.

Return vs Market: 508933 underperformed the Indian Market which returned 0.8% over the past year.


Shareholder returns

508933IndustryMarket
7 Day-3.5%-0.02%1.6%
30 Day-9.8%5.5%1.5%
90 Day-15.4%3.9%-3.3%
1 Year-20.4%-20.4%8.6%7.7%2.7%0.8%
3 Year-65.7%-65.7%49.5%47.8%22.0%16.0%
5 Year1.6%1.6%108.9%105.0%42.3%29.3%

Price Volatility Vs. Market

How volatile is AYM Syntex's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is AYM Syntex undervalued compared to its fair value and its price relative to the market?

17.79x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate 508933's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate 508933's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 508933 is poor value based on its PE Ratio (17.8x) compared to the Luxury industry average (10.1x).

PE vs Market: 508933 is poor value based on its PE Ratio (17.8x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 508933's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 508933 is good value based on its PB Ratio (0.4x) compared to the IN Luxury industry average (0.6x).


Next Steps

Future Growth

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

19.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 508933's forecast earnings growth (19.5% per year) is above the savings rate (7.6%).

Earnings vs Market: 508933's earnings (19.5% per year) are forecast to grow faster than the Indian market (18.3% per year).

High Growth Earnings: 508933's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 508933's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 508933's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 508933's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has AYM Syntex performed over the past 5 years?

-29.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 508933's earnings have declined by -29.7% per year over the past 5 years.

Accelerating Growth: 508933's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 508933 had negative earnings growth (-3.4%) over the past year, making it difficult to compare to the Luxury industry average (7.8%).


Return on Equity

High ROE: 508933's Return on Equity (2.4%) is considered low.


Return on Assets

ROA vs Industry: 508933's Return on Assets is below or equal to the Luxury industry average last year.


Return on Capital Employed

ROCE Improving: 508933's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is AYM Syntex's financial position?


Financial Position Analysis

Short Term Liabilities: 508933's short term assets (₹3.0B) exceeds its short term liabilities (₹2.9B)

Long Term Liabilities: 508933's short term assets (3.0B) exceeds its long term liabilities (2.1B)


Debt to Equity History and Analysis

Debt Level: 508933's debt to equity ratio (87.9%) is considered high

Reducing Debt: 508933's debt to equity ratio has reduced from 164% to 87.9% over the past 5 years.

Debt Coverage: 508933's debt is well covered by operating cash flow (32.9%).

Interest Coverage: 508933's interest payments on its debt are not well covered by EBIT (1x coverage).


Balance Sheet

Inventory Level: 508933 has a high level of physical assets or inventory.

Debt Coverage by Assets: 508933's debt is covered by short term assets (assets are 1.114780x debt).


Next Steps

Dividend

What is AYM Syntex's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage0.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 508933's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 508933's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 508933's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 508933's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 508933's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of AYM Syntex's salary, the management and board of directors tenure and is there insider trading?

4.2yrs

Average board tenure


CEO

Abhishek Mandawewala (32yo)

0yrs

Tenure

₹7,356,000

Compensation

Mr. Abhishek R. Mandawewala has been Chief Executive Officer and Managing Director of AYM Syntex Limited since May 6, 2017. Mr. Mandawewala has been Whole-Time Director at Welspun Syntex Limited since Augu ...


CEO Compensation Analysis

Compensation vs. Market: Abhishek's total compensation ($USD103.70K) is above average for companies of similar size in the Indian market ($USD25.38K).

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


Board Age and Tenure

4.2yrs

Average Tenure

57yo

Average Age

Experienced Board: 508933's board of directors are considered experienced (4.2 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Murarilal Mittal (61yo)

    Executive Director of Finance

    • Tenure: 0yrs
  • Abhishek Mandawewala (32yo)

    CEO, MD & Whole-Time Director

    • Tenure: 0yrs
    • Compensation: ₹7.36m
  • Sudhanshu Khire (58yo)

    Director of Operations

    • Tenure: 0yrs
  • Sunil Karanjkar (54yo)

    Senior Vice President of Marketing

    • Tenure: 0yrs
  • Himanshu Dhaddha (33yo)

    Chief Financial Officer

    • Tenure: 2.9yrs
    • Compensation: ₹6.30m
  • Rahul Pareek (51yo)

    Vice President

    • Tenure: 0yrs
  • Saha Mondal (50yo)

    Senior Vice President

    • Tenure: 0yrs
  • Ashitosh Sheth

    Company Secretary & Compliance Officer

    • Tenure: 0.7yrs
    • Compensation: ₹4.01m
  • Rajeev Tiberwal (53yo)

    Vice President

    • Tenure: 0yrs
  • Khushboo Mandawewala (32yo)

    Head HR

    • Tenure: 0.3yrs

Board Members

  • Mohan Tandon (78yo)

    Independent Non Executive Director

    • Tenure: 0yrs
    • Compensation: ₹365.00k
  • Atul Desai (69yo)

    Independent Non Executive Director

    • Tenure: 0yrs
    • Compensation: ₹505.00k
  • Rajesh Ramesh Mandawewala (57yo)

    Chairman of the Board

    • Tenure: 0yrs
    • Compensation: ₹1.14m
  • Viswanathan Kollengode (57yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: ₹365.00k
  • Abhishek Mandawewala (32yo)

    CEO, MD & Whole-Time Director

    • Tenure: 0yrs
    • Compensation: ₹7.36m
  • Khushboo Mandawewala (32yo)

    Head HR

    • Tenure: 0.3yrs

Company Information

AYM Syntex Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AYM Syntex Limited
  • Ticker: 508933
  • Exchange: BSE
  • Founded: 1983
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹1.439b
  • Shares outstanding: 49.98m
  • Website: https://www.aymsyntex.com

Number of Employees


Location

  • AYM Syntex Limited
  • Trade World, B Wing
  • 9th Floor
  • Mumbai
  • Maharashtra
  • 400013
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
508933BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002
AYMSYNTEXNSEI (National Stock Exchange of India)YesEquity SharesININRJan 2002

Biography

AYM Syntex Limited manufactures and sells synthetic yarns in India. It offers bulk continuous filament (BCF) yarns, such as air twisted, power heat set/superba heat set, cabled/twisted, and air entangled y ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 12:36
End of Day Share Price2019/10/14 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.