AYM Syntex Limited manufactures and sells synthetic yarns in India.
+ 1 more risk
Adequate balance sheet with acceptable track record.
Share Price & News
How has AYM Syntex's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AYMSYNTEX has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AYMSYNTEX underperformed the Indian Luxury industry which returned 18.2% over the past year.
Return vs Market: AYMSYNTEX exceeded the Indian Market which returned 10.7% over the past year.
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
2 weeks ago | Simply Wall StDoes AYM Syntex Limited's (NSE:AYMSYNTEX) Past Performance Indicate A Stronger Future?
3 weeks ago | Simply Wall StWhat Is AYM Syntex's (NSE:AYMSYNTEX) P/E Ratio After Its Share Price Rocketed?
1 month ago | Simply Wall StImagine Owning AYM Syntex (NSE:AYMSYNTEX) While The Price Tanked 56%
Is AYM Syntex undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AYMSYNTEX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AYMSYNTEX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AYMSYNTEX is poor value based on its PE Ratio (14x) compared to the Luxury industry average (11.2x).
PE vs Market: AYMSYNTEX is poor value based on its PE Ratio (14x) compared to the Indian market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AYMSYNTEX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AYMSYNTEX is good value based on its PB Ratio (0.5x) compared to the IN Luxury industry average (0.5x).
How is AYM 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 AYM 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.
- Examine AYM Syntex's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- AYM 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 AYM Syntex performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AYMSYNTEX has a large one-off loss of ₹33.5M impacting its December 31 2019 financial results.
Growing Profit Margin: AYMSYNTEX's current net profit margins (1.1%) are higher than last year (0.6%).
Past Earnings Growth Analysis
Earnings Trend: AYMSYNTEX's earnings have declined by -38% per year over the past 5 years.
Accelerating Growth: AYMSYNTEX's earnings growth over the past year (104.5%) exceeds its 5-year average (-38% per year).
Earnings vs Industry: AYMSYNTEX earnings growth over the past year (104.5%) exceeded the Luxury industry 5.6%.
Return on Equity
High ROE: AYMSYNTEX's Return on Equity (3.6%) is considered low.
Return on Assets
Return on Capital Employed
How is AYM Syntex's financial position?
Financial Position Analysis
Short Term Liabilities: AYMSYNTEX's short term assets (₹3.2B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: AYMSYNTEX's short term assets (₹3.2B) exceed its long term liabilities (₹1.8B).
Debt to Equity History and Analysis
Debt Level: AYMSYNTEX's debt to equity ratio (87.1%) is considered high.
Reducing Debt: AYMSYNTEX's debt to equity ratio has reduced from 129.2% to 87.1% over the past 5 years.
Debt Coverage: AYMSYNTEX's debt is well covered by operating cash flow (20.9%).
Interest Coverage: AYMSYNTEX's interest payments on its debt are not well covered by EBIT (1.8x coverage).
Inventory Level: AYMSYNTEX has a high level of physical assets or inventory.
Debt Coverage by Assets: AYMSYNTEX's debt is covered by short term assets (assets are 1.1x debt).
What is AYM Syntex's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate AYMSYNTEX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate AYMSYNTEX'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 AYMSYNTEX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AYMSYNTEX'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 AYMSYNTEX'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
Abhishek Mandawewala (32yo)
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 ($USD102.80K) is above average for companies of similar size in the Indian market ($USD50.34K).
Compensation vs Earnings: Abhishek's compensation has been consistent with company performance over the past year.
|CEO, MD & Whole-Time Director||0yrs||₹7.36m||no data|
|Head HR||0.6yrs||no data||no data|
|Independent Non Executive Director||0yrs||₹365.00k||no data|
|Independent Non Executive Director||0yrs||₹505.00k||0.000060% ₹1.0k|
|Chairman of the Board||0yrs||₹1.14m||72.5% ₹1.2b|
|Independent Director||4.6yrs||₹365.00k||no data|
Experienced Board: AYMSYNTEX's board of directors are considered experienced (4.5 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 been diluted in the past year, with total shares outstanding growing by 7.3%.
AYM Syntex Limited's company bio, employee growth, exchange listings and data sources
- Name: AYM Syntex Limited
- Ticker: AYMSYNTEX
- Exchange: NSEI
- Founded: 1983
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹1.699b
- Shares outstanding: 49.98m
- Website: https://www.aymsyntex.com
Number of Employees
- AYM Syntex Limited
- Trade World, B Wing
- 9th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|508933||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jan 2002|
|AYMSYNTEX||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jan 2002|
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 yarns, as well as BCF singles; conventional dyed and textile yarns, including fully drawn, draw textured, highly oriented, mono, mother FDY, and air textured yarns; and nylon/polyamide yarns. The company sells its products under the Comfeel, Spinovate, Elior, Silque, Polycycle, Polymagic, Polywonder, Rezilia, and Ecose brand names. AYM Syntex Limited also exports its products. The company was formerly known as Welspun Syntex Limited and changed its name to AYM Syntex Limited in December 2015. The company was incorporated in 1983 and is headquartered in Mumbai, India. AYM Syntex Limited is a subsidiary of Mandawewala Enterprises Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 13:15|
|End of Day Share Price||2020/02/19 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.