Banswara Syntex Ltd.
Snapshot View

209.05 +6.95 ▲3.4%

27 May 2022, 04:01:00 PM
Volume: 812

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Manmade Fibres Compare with Industry peers
Website http://www.banswarasyntex.com
Market Cap 354.13 Cr.
Enterprise Value(EV) 589.73 Cr. 2022-03
Financial Indicators
Earnings per share (EPS) 26.65 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 7.84 Trailing Twelve Months Ending 2022-03
Industry PE - Trailing Twelve Months Ending 2022-03
Book Value / Share 233.00 Trailing Twelve Months Ending 2022-03
Price to Book Value 0.90 Calculated using Price: 209.05
Dividend Yield 1.21 Period Ending 2021-03
No. of Shares Subscribed 1.71 Cr. 17,116,042 Shares
FaceValue 10
Company Profile

Banswara Syntex was incorporated in 1976 as a joint sector company with RIICO, a government of Rajasthan undertaking and R.L.Toshniwal. Initially it started as a spinning mill with a capacity of 12500 spindles.

Later in 1982, R.L.Toshniwal purchased the entire shares of RIICO. Besides increasing the spinning capacity to 119188 spindles, company also started production of fabric in 1993. The same year, it commenced cloth weaving activity by setting up a state-of-art weaving plant to manufacture quality fabrics in the brand name of ‘BANTEX’ mainly for domestic market.

In the year 2004, Banswara Syntex started manufacturing of readymade garments and cotton spinning. For readymade garments, a separate unit was set up at Daman to manufacture trousers in the brand name of ‘INTEGRATION’. Second garmenting unit was set up in SEZ at Surat.

One year later in 2005 Banswara Textile Mills, an associate firm engaged in fabric finishing activity was amalgamated with the company. The company is also introducing technical fabric and has setup coating unit for the same.

In 2006, company entered into joint venture with French company Carreman. It started production of made-up's and worsted spinning in 2008.

Presently it is a public limited company with the promoters holding  59.44% of equity share capital.

Company’s present installed capacity is 133588 ring spindles which includes 14400 spindles for worsted yarn spinning, 576 air jet spindles, 194 shuttles-less looms, 12-Air jet jacquard looms, 6 stenters with processing capacity of 4 million meters per month, besides this ready-made garment production capacity for trousers 2.25 lakh pieces and 10000 pieces jackets per month at Daman and Surat. For manufacturing fabrics, it purchases Lycra from international brand, Dupont.

In the domestic market, company caters to major customers includes Raymonds, Reliance Industries, Grasim Industries, Siyaram Silk Mills, Rajasthan Spg. & Wvg. Mills, Donear Suitings, Arviva, Bombay Dyeing & Manufacturing Mills, Indian Rayon, Life Style International etc.

Product range of the company includes:

  • Yarn
  • Fabrics
  • Readymade Garments
  • Fire Retardant Fabric

Exports - Banswara Syntex exports its products to more than 50 countries including US, UK, Canada, Spain, Germany, Italy, France, Philippines, Turkey and GCC countries.

Awards/recognition

  • Banswara Syntex is a government recognized two star export house.
  • The company has also received IS/ISO 9001:2000 certification by the Bureau of Indian Standards.
  • In the year 2007-08, company bagged award for highest export performance in the category of man made fibre blended fabrics.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+3.44%
1 Week
-11.70%
1 Month
-19.33%
3 Month
+5.85%
6 Month
+3.31%
1 Year
+56.65%
2 Year
+201.88%
5 Year
+23.01%
10 Year
+210.16%
8 years 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 12.31 3.72 11.57 7.46 2.99 8.60 16.82 3.96
Return on Capital Employed (%) 14.08 10.78 13.67 10.85 8.61 9.67 14.89 7.85
Return on Assets (%) 2.32 0.73 2.53 1.79 0.73 2.31 5.65 1.65

Balance Sheet View Details

Particulars 9 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 213 223 248 261 268 294 341 357 399
Non Curr. Liab. 350 315 272 261 246 194 151 196 144
Curr. Liab. 547 555 536 545 576 514 395 232 338
Minority Int. 3
Equity & Liab. 1,112 1,093 1,057 1,067 1,090 1,002 887 785 881
Non Curr. Assets 556 537 510 514 484 443 407 384 376
Curr. Assets 556 557 547 553 606 559 480 401 505
Misc. Exp. not W/O
Total Assets 1,112 1,093 1,057 1,067 1,090 1,002 887 785 881

Profit Loss View Details

Particulars 9 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 1,215 1,231 1,270 1,244 1,292 1,351 1,290 787 1,190
Other Income 4 17 11 14 16 14 13 16 17
Total Income 1,220 1,248 1,281 1,258 1,308 1,365 1,302 803 1,207
Total Expenditure -1,037 -1,090 -1,107 -1,111 -1,181 -1,231 -1,145 -711 -1,071
PBIDT 182 158 175 147 127 134 157 92 136
Interest -81 -81 -70 -63 -59 -56 -49 -33 -25
Depreciation -54 -63 -61 -58 -58 -55 -51 -46 -42
Taxation -21 -6 -17 -6 -3 5 -4 -3 -25
Exceptional Items -1 1 -3 0 3 3
PAT 26 8 27 19 8 24 53 14 47
Minority Interest 0
Share Associate 0 0 0 0 1 -1
Other Related Items 0
Consolidated Net Profit 26 8 27 19 8 24 53 15 46
Adjusted EPS 17 5 16 11 5 14 31 8 27

Cash Flow View Details

Particulars 7 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 183 173 140 106 137 208 132
Cash Fr. Inv. -48 -26 -61 -25 -10 -7 -3
Cash Fr. Finan. -151 -143 -82 -85 -123 -206 -126
Net Change -16 5 -2 -4 4 -5 4
Cash & Cash Eqvt 17 22 8 4 8 4 8

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 58.87 58.87 58.87 58.87 58.87 58.81 58.79 58.76 58.73
Public 41.13 41.13 41.13 41.13 41.13 41.19 41.21 41.24 41.27
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 16 May 2022
Compliances-Reg.24(A)-Annual Secretarial Compliance
Sub: Annual Secretarial Compliance Report for the year ended 31st March 2022.Pursuant to regulation 24A of SEBI (Listing Obligations and Disclosures Requirement) Regulations 2015 we are enclosing herewith the Annual Secretarial Compliance Report for the year ended 31st March 2022 as issued by M/s V.M. & Associates Practicing Company Secretaries Jaipur.You are requested to take on your record the same.
Fri, 13 May 2022
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1 Name of Company BANSWARA SYNTEX LTD.-
2 CIN NO. L24302RJ1976PLC001684
3 Report filed for FY 2021-2022
Details of the Current block (all figures in Rs crore):
4 2 - year block period (Specify financial years)* 2021-22
5 Incremental borrowing done in FY (T)(a) 0.00
6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 0.00
7 Actual borrowing done through debt securities in FY (T)(c) 0.00
8 Shortfall in the borrowing through debt securities if any for FY (T - 1) carried forward to FY (T) (d) 0
8Quantum of (d) which has been met from (c)(e)* 0
9 Shortfall if any in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative write nil}* 0


Details of penalty to be paid if any in respect to previous block (all figures in Rs crore):
2 - year Block period (Specify financial years)2020-21
Amount of fine to be paid for the block if applicable Fine = 0.2% of {(d) - (e)}#0.00



Name of the Company Secretary :-HP Kharwal
Designation :-Company Secretary and Compliance Officer
Name of the Chief Financial Officer :- Pankaj Gharat
Designation : -Chief Financial Officer

Date: 13/05/2022

Tue, 10 May 2022
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we are hereby enclosed herewith a transcript of the Q4FY22 Earnings Call held on Thursday 5th May 2022. The same is also available on the website of the Company i.e. www.banswarasyntex.com . Please take the same on record.

Technical Scans View Details

Fri, 27 May 2022
High Delivery Percentage High Delivery Percentage
High Decrease 1 Month High Decrease 1 Month
High Increase 1 Year High Increase 1 Year
High Increase 2 Years High Increase 2 Years
CCI Bullish CCI Bullish

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