Yarn Syndicate (BSE:890197) - Stock Price, News & Analysis

890197 Stock Overview

Engages in the trading of yarns and fabrics.

890197 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	3/6
Financial Health	3/6
Dividends	0/6

Rewards

Became profitable this year

Risk Analysis

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (₹48M)

Interest payments are not well covered by earnings

Does not have a meaningful market cap (₹934M)

Yarn Syndicate Limited Competitors

MKP Mobility

BSE:521244

₹775.8m

Ecofinity Atomix

BSE:539455

₹192.8m

IFL Enterprises

BSE:540377

₹825.4m

Rajkamal Synthetics

BSE:514028

₹410.3m

Price History & Performance

Summary of all time highs, changes and price drops for Yarn Syndicate
Historical stock prices
Current Share Price	₹9.86
52 Week High	₹16.90
52 Week Low	₹5.70
Beta	-0.15
11 Month Change	-29.52%
3 Month Change	-20.48%
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-30.90%

Recent updates

Shareholder Returns

	890197	IN Retail Distributors	IN Market
7D	-22.4%	6.8%	2.3%
1Y	n/a	24.4%	37.9%

Return vs Industry: Insufficient data to determine how 890197 performed against the Indian Retail Distributors industry.

Return vs Market: Insufficient data to determine how 890197 performed against the Indian Market.

Price Volatility

Is 890197's price volatile compared to industry and market?
890197 volatility
890197 Average Weekly Movement	6.7%
Retail Distributors Industry Average Movement	7.0%
Market Average Movement	6.3%
10% most volatile stocks in IN Market	9.3%
10% least volatile stocks in IN Market	4.1%

Stable Share Price: 890197 has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: 890197's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1946	n/a	Ravi Pandya	www.yarnsyndicate.in

Yarn Syndicate Limited engages in the trading of yarns and fabrics. It offers cotton, synthetic, blended, melange/heathers, and other yarn products, as well as knitted and woven fabrics. The company was incorporated in 1946 and is based in Ahmedabad, India.

Yarn Syndicate Limited Fundamentals Summary

How do Yarn Syndicate's earnings and revenue compare to its market cap?
890197 fundamental statistics
Market cap	₹933.73m
Earnings (TTM)	₹7.66m
Revenue (TTM)	₹48.46m

121.9x

P/E Ratio

19.3x

P/S Ratio

Is 890197 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
890197 income statement (TTM)
Revenue	₹48.46m
Cost of Revenue	₹3.85m
Gross Profit	₹44.61m
Other Expenses	₹36.95m
Earnings	₹7.66m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.35
Gross Margin	92.06%
Net Profit Margin	15.81%
Debt/Equity Ratio	54.2%

How did 890197 perform over the long term?

See historical performance and comparison

Yarn Syndicate BSE:890197 Stock Report