Banswara Syntex Ltd.
Snapshot View

221.05 -2.70 ▼-1.2%

30 July 2021, 04:00:00 P.M.
Volume: 14,098

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Manmade Fibres Compare with Industry peers
Website http://www.banswarasyntex.com
Financial Indicators
Market Cap 378.35 Cr.
Earnings per share (EPS) 8.48 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 26.07 Trailing Twelve Months Ending 2021-03
Industry PE 34.41 Trailing Twelve Months Ending 2021-03
Book Value / Share 208.66 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.06 Calculated using Price: 221.05
Dividend Yield 0.68 Period Ending 2020-03
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
-1.21%
1 Week
+7.28%
1 Month
+37.30%
3 Month
+113.57%
6 Month
+108.83%
1 Year
+256.24%
2 Year
+263.27%
5 Year
+25.17%
7 years 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 12.31 3.72 11.57 7.46 2.99 8.60 16.82
Return on Capital Employed (%) 14.08 10.78 13.67 10.85 8.61 9.67 14.89
Return on Assets (%) 2.32 0.73 2.53 1.79 0.73 2.31 5.65

Balance Sheet View Details

Particulars 7 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.
Shh. Funds 213 223 248 261 268 294 341
Non Curr. Liab. 350 315 272 261 246 194 151
Curr. Liab. 547 555 536 545 576 514 395
Minority Int. 3
Equity & Liab. 1,112 1,093 1,057 1,067 1,090 1,002 887
Non Curr. Assets 556 537 510 514 484 443 407
Curr. Assets 556 557 547 553 606 559 480
Misc. Exp. not W/O
Total Assets 1,112 1,093 1,057 1,067 1,090 1,002 887

Profit Loss View Details

Particulars 7 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.
Net Sales 1,215 1,231 1,270 1,244 1,292 1,351 1,290
Other Income 4 17 11 14 16 14 13
Total Income 1,220 1,248 1,281 1,258 1,308 1,365 1,302
Total Expenditure -1,037 -1,090 -1,107 -1,111 -1,181 -1,231 -1,145
PBIDT 182 158 175 147 127 134 157
Interest -81 -81 -70 -63 -59 -56 -49
Depreciation -54 -63 -61 -58 -58 -55 -51
Taxation -21 -6 -17 -6 -3 5 -4
Exceptional Items -1 1 -3 0
PAT 26 8 27 19 8 24 53

Cash Flow View Details

Particulars 6 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.
Cash Fr. Operatn. 183 173 140 106 137 208
Cash Fr. Inv. -48 -26 -61 -25 -10 -7
Cash Fr. Finan. -151 -143 -82 -85 -123 -206
Net Change -16 5 -2 -4 4 -5
Cash & Cash Eqvt 17 22 8 4 8 4

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 58.87 58.87 58.87 58.87 58.87 58.87 58.87 58.87 58.81
Public 41.13 41.13 41.13 41.13 41.13 41.13 41.13 41.13 41.19
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

Fri, 09 Jul 2021
Announcement under Regulation 30 (LODR)-Investor Presentation
The Investors Presentation as on 31st March 2021
Wed, 07 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- HP Kharwal
Designation :- Company Secretary and Compliance Officer
Tue, 06 Jul 2021
Sub: Disclosure Of Related Party Transactions In Compliance To Regulation 23(9) Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations 2015.<BR> <BR> <BR> <BR> <BR>
Sub: Disclosure of Related Party Transactions in compliance to Regulation 23(9) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015.

Dear Sir/Madam

In reference to the compliance of disclosure of Related Party Transactions in terms of Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we are enclosing herewith note on Related Party Transactions for the half year ended 31st March 2021 drawn in accordance with applicable accounting standards.

You are requested to kindly take the same on your records.

Technical Scans View Details

Fri, 30 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone

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