Kiran Syntex Limited manufactures and supplies polyester dyed yarns primarily in India.
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Kiran Syntex's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 530443 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how 530443 performed against the Indian Luxury industry.
Return vs Market: Insufficient data to determine how 530443 performed against the Indian Market.
Price Volatility Vs. Market
How volatile is Kiran Syntex's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Kiran Syntex undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 530443's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 530443's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 530443 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: 530443 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 530443's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 530443 is overvalued based on its PB Ratio (0.7x) compared to the IN Luxury industry average (0.5x).
How is Kiran Syntex forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Kiran Syntex 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.
- Take a look at our analysis of 530443’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Kiran Syntex competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Kiran Syntex performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 530443 is currently unprofitable.
Growing Profit Margin: 530443 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 530443 is unprofitable, but has reduced losses over the past 5 years at a rate of 21.3% per year.
Accelerating Growth: Unable to compare 530443's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 530443 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (2.7%).
Return on Equity
High ROE: 530443 has a negative Return on Equity (-2.45%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Kiran Syntex's financial position?
Financial Position Analysis
Short Term Liabilities: 530443's short term assets (₹3.8M) exceed its short term liabilities (₹1.8M).
Long Term Liabilities: 530443 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 530443's debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 530443's debt to equity ratio has reduced over the past 5 years.
Inventory Level: 530443 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 530443's debt is covered by short term assets (assets are 4.5x debt).
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: Insufficient data to determine if 530443 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 530443 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Kiran Syntex's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 530443's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 530443's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 530443's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 530443'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 530443's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Maheshkumar Godiwala (71yo)
Mr. Maheshkumar Motiram Godiwala serves as the Chairman, Managing Director and Compliance Officer of Kiran Syntex Ltd. Mr. Godiwala served as Chief Financial Officer at Kiran Syntex Ltd. He has been a Dire ...
CEO Compensation Analysis
Compensation vs Market: Maheshkumar's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD50.14K).
Compensation vs Earnings: Maheshkumar's compensation has been consistent with company performance over the past year.
|Chairman & MD||0yrs||no data||0.00024% ₹42.0|
|CFO & Director||4.9yrs||no data||14.3% ₹2.5m|
|Independent Director||11.4yrs||no data||no data|
|Additional Independent Director||7.5yrs||no data||no data|
Experienced Board: 530443's board of directors are considered experienced (7.5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kiran Syntex Limited's company bio, employee growth, exchange listings and data sources
- Name: Kiran Syntex Limited
- Ticker: 530443
- Exchange: BSE
- Founded: 1986
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹17.510m
- Shares outstanding: 4.25m
- Website: https://www.kiransyntex.com
Number of Employees
- Kiran Syntex Limited
- No. 1/324, Popat Street
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|530443||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Aug 2011|
Kiran Syntex Limited manufactures and supplies polyester dyed yarns primarily in India. Its products include polyester mono, polyester filament, polyester air textured, polyester slub, and polyester space dyed yarns. The company’s products are used in textile and apparel industries. Kiran Syntex Limited was founded in 1986 and is based in Surat, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 13:00|
|End of Day Share Price||2019/12/02 00:00|
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.