NSEI:HINDSYNTEX

Stock Analysis Report

Executive Summary

Hind Syntex Limited manufactures and sells synthetic blended yarn in India.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: HINDSYNTEX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.3%

HINDSYNTEX

1.1%

IN Luxury

-0.07%

IN Market


1 Year Return

n/a

HINDSYNTEX

17.4%

IN Luxury

9.5%

IN Market

Return vs Industry: Insufficient data to determine how HINDSYNTEX performed against the Indian Luxury industry.

Return vs Market: Insufficient data to determine how HINDSYNTEX performed against the Indian Market.


Shareholder returns

HINDSYNTEXIndustryMarket
7 Day-6.3%1.1%-0.07%
30 Day-3.2%2.3%-1.3%
90 Day-37.5%10.5%1.9%
1 Yearn/a18.1%17.4%11.5%9.5%
3 Year-86.5%-86.5%54.7%52.9%23.6%16.7%
5 Year-88.0%-88.0%107.0%100.1%35.5%22.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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


In this section, we usually try to help investors determine whether Hind Syntex is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Hind Syntex has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of HINDSYNTEX’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.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Hind Syntex regulatory filings.
  • Explore potentially undervalued companies in the Consumer Durables industry.

Future Growth

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

19.8%

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 Hind 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.


Next Steps

Past Performance

How has Hind Syntex performed over the past 5 years?

-5.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HINDSYNTEX is currently unprofitable.

Growing Profit Margin: HINDSYNTEX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HINDSYNTEX is unprofitable, and losses have increased over the past 5 years at a rate of -5.2% per year.

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

Earnings vs Industry: HINDSYNTEX is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (6.4%).


Return on Equity

High ROE: HINDSYNTEX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Hind Syntex's financial position?


Financial Position Analysis

Short Term Liabilities: HINDSYNTEX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: HINDSYNTEX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: HINDSYNTEX is debt free.

Reducing Debt: HINDSYNTEX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if HINDSYNTEX's debt is covered by short term assets.


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: HINDSYNTEX has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: Insufficient data to determine if HINDSYNTEX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.6%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate HINDSYNTEX'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 HINDSYNTEX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HINDSYNTEX'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 HINDSYNTEX'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?

3.3yrs

Average management tenure


CEO

Hemant Ambekar (50yo)

3.3yrs

Tenure

₹2,105,475

Compensation

Mr. Hemant Vasant Ambekar has been Whole-Time Director at Hind Syntex Ltd., since November 10, 2016. 


CEO Compensation Analysis

Compensation vs Market: Hemant's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD50.06K).

Compensation vs Earnings: Hemant's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Hemant Ambekar
Whole-Time Director3.3yrs₹2.11mno data
Balesh Bargee
CFO & Additional Director1.8yrs₹1.47mno data
Swati Poddar
Company Secretary & Compliance Officer1yrsno datano data

3.3yrs

Average Tenure

Experienced Management: HINDSYNTEX's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hemant Ambekar
Whole-Time Director3.3yrs₹2.11mno data
Balesh Bargee
CFO & Additional Director1.8yrs₹1.47mno data
Manadath Rajan
Non-Executive Independent Director6.2yrsno datano data
Viveck Crishna
Non-Executive Independent Director6.2yrsno datano data
Manish Kumar
Non-Executive Director6.9yrsno data42.36% 11.4m
Neha Agarwal
Non-Executive Non Independent Director1.1yrsno datano data

4.7yrs

Average Tenure

50yo

Average Age

Experienced Board: HINDSYNTEX's board of directors are considered experienced (4.7 years average tenure).


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

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


Key Information

  • Name: Hind Syntex Limited
  • Ticker: HINDSYNTEX
  • Exchange: NSEI
  • Founded: 1980
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹26.963m
  • Shares outstanding: 12.72m
  • Website: https://www.hindgroupindia.com/hsl.htm

Number of Employees


Location

  • Hind Syntex Limited
  • 5E & F, Crescent Tower
  • 5th Floor
  • Kolkata
  • West Bengal
  • 700020
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
503881BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 1995
HINDSYNTEXNSEI (National Stock Exchange of India)YesEquity SharesININRFeb 1995

Biography

Hind Syntex Limited manufactures and sells synthetic blended yarn in India. The company offers polyester/viscose and viscose electronically cleared, spliced auto coned, TFO and non-TFO, and raw white and dyed blended yarn. It also exports its products to fabric manufacturers in the United Kingdom and Europe. The company was incorporated in 1980 and is based in Kolkata, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 12:53
End of Day Share Price2020/02/24 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.