| Sector |
Plastic Products
|
Compare with Sector peers |
| Industry |
Plastic Products
|
Compare with Industry peers |
| Website | http://www.comsyn.com | |
| Market Cap | 301.44 Cr. | |
| Enterprise Value(EV) | 379.44 Cr. | 2021-09 |
| Financial Indicators | ||
|---|---|---|
| Earnings per share (EPS) | 13.01 | Trailing Twelve Months Ending 2021-12 |
| Price-Earning Ratio (PE) | 18.53 | Trailing Twelve Months Ending 2021-12 |
| Industry PE | 22.00 | Trailing Twelve Months Ending 2021-12 |
| Book Value / Share | 77.08 | Trailing Twelve Months Ending 2021-12 |
| Price to Book Value | 3.13 | Calculated using Price: 241.15 |
| Dividend Yield | 0.82 | Period Ending 2021-03 |
| No. of Shares Subscribed | 1.24 Cr. | 12,402,400 Shares |
| FaceValue | 10 | |
| Company Profile | ||
|
The company was originally incorporated on December 10, 1984 as a private limited company under the name and style of ‘Commercial Synbags Private Limited’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, Madhya Pradesh, Gwalior, Subsequently, the company was converted into a public limited company on May 21, 1993 and the name of the company was changed to ‘Commercial Syn-bags Limited’. The company further changed its name from ‘Commercial Syn-bags Limited’ to ‘Commercial Syn Bags Limited’ vide certificate dated May 18, 2016 issued by Registrar of Companies, Madhya Pradesh, Gwalior. The manufacturing facilities of the company are divided into four units namely Unit - I, II and III (all located at Pithampur, Dhar, Madhya Pradesh) and Unit SEZ located at Special Economic Zone, Indore Phase - I, Pithampur, Dhar, Madhya Pradesh. Initially, the company commenced its business operations in Unit I by manufacturing Tarpaulin and PP woven sacks in the financial year 1985-86. Subsequently, the company made expansion and set up Unit II in the year 2011 and SEZ Unit in the year 2013. With the view to improve the quality of its products and better utilisation of the waste raw materials, the company in the year 2014, setup a new manufacturing facility at Unit III for refining the scrap granules generated from the manufacturing of different products. The company’s Promoters, Mohanlal Chourlhary and Anil Choudhary have more than 30 years experience in field of manufacturing of plastic products and have fair knowledge of the products and industry in which the company operates. The company’s customer base is spread across the globe with presence in countries like United States of America, United Kingdom, Australia, Germany, Italy, Spain, New Zealand, etc. Business area of the company The company is an ISO 9001:2008 certified company engaged in the manufacturing and supply of High Density Polyethylene (HDPE) / Polypropylene (PP) woven sacks, Flexible Intermediate Bulk Container (MC), fabrics & Tarpaulin for domestic as well as export markets. Its product tarpaulin is sold under the brand name ‘TIGER TARPAULIN’ and other range of products under the brand name ‘COMSYN’. Both COMSYN and TIGER TARPAULIN are registered with the Registrar of Trademark. Further, the company has recently installed flexible packaging machines; Roto Gravure Printing machine, Solvent less/Solvent base combi machine, Slitting machines and Pouch machine which are used for printing, lamination and pouching on films. These printed pouches or rolls are then used as packaging materials in the packaging industry.
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Company Profile
The company was originally incorporated on December 10, 1984 as a private limited company under the name and style of ‘Commercial Synbags Private Limited’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, Madhya Pradesh, Gwalior, Subsequently, the company was converted into a public limited company on May 21, 1993 and the name of the company was changed to ‘Commercial Syn-bags Limited’. The company further changed its name from ‘Commercial Syn-bags Limited’ to ‘Commercial Syn Bags Limited’ vide certificate dated May 18, 2016 issued by Registrar of Companies, Madhya Pradesh, Gwalior.
The manufacturing facilities of the company are divided into four units namely Unit - I, II and III (all located at Pithampur, Dhar, Madhya Pradesh) and Unit SEZ located at Special Economic Zone, Indore Phase - I, Pithampur, Dhar, Madhya Pradesh. Initially, the company commenced its business operations in Unit I by manufacturing Tarpaulin and PP woven sacks in the financial year 1985-86. Subsequently, the company made expansion and set up Unit II in the year 2011 and SEZ Unit in the year 2013. With the view to improve the quality of its products and better utilisation of the waste raw materials, the company in the year 2014, setup a new manufacturing facility at Unit III for refining the scrap granules generated from the manufacturing of different products.
The company’s Promoters, Mohanlal Chourlhary and Anil Choudhary have more than 30 years experience in field of manufacturing of plastic products and have fair knowledge of the products and industry in which the company operates. The company’s customer base is spread across the globe with presence in countries like United States of America, United Kingdom, Australia, Germany, Italy, Spain, New Zealand, etc.
Business area of the company
The company is an ISO 9001:2008 certified company engaged in the manufacturing and supply of High Density Polyethylene (HDPE) / Polypropylene (PP) woven sacks, Flexible Intermediate Bulk Container (MC), fabrics & Tarpaulin for domestic as well as export markets. Its product tarpaulin is sold under the brand name ‘TIGER TARPAULIN’ and other range of products under the brand name ‘COMSYN’. Both COMSYN and TIGER TARPAULIN are registered with the Registrar of Trademark. Further, the company has recently installed flexible packaging machines; Roto Gravure Printing machine, Solvent less/Solvent base combi machine, Slitting machines and Pouch machine which are used for printing, lamination and pouching on films. These printed pouches or rolls are then used as packaging materials in the packaging industry.
| 1 Day |
|
-2.86% |
| 1 Week |
|
+4.39% |
| 1 Month |
|
-5.71% |
| 3 Month |
|
-15.33% |
| 6 Month |
|
+10.80% |
| 1 Year |
|
+159.30% |
| 2 Year |
|
+534.61% |
| 5 Year |
|
+295.33% |
| 10 Year |
|
| 2 years | 2020-03 | 2021-03 | |
| Return on Equity (%) | 16.58 | 16.24 | |
| Return on Capital Employed (%) | 15.48 | 12.90 | |
| Return on Assets (%) | 8.16 | 7.12 |
| Particulars | 3 years | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. | 2021-09* Rs. Cr. |
| Shh. Funds | 69 | 79 | 85 | |
| Non Curr. Liab. | 32 | 43 | 43 | |
| Curr. Liab. | 39 | 76 | 87 | |
| Minority Int. | ||||
| Equity & Liab. | 140 | 197 | 215 | |
| Non Curr. Assets | 78 | 95 | 101 | |
| Curr. Assets | 62 | 102 | 113 | |
| Misc. Exp. not W/O | ||||
| Total Assets | 140 | 197 | 215 |
| Particulars | 3 years | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. | 2021-12 Rs. Cr. TTM |
| Net Sales | 191 | 214 | 290 | |
| Other Income | 2 | 2 | 1 | |
| Total Income | 193 | 215 | 291 | |
| Total Expenditure | -167 | -189 | -257 | |
| PBIDT | 26 | 26 | 34 | |
| Interest | -4 | -4 | -6 | |
| Depreciation | -7 | -8 | -9 | |
| Taxation | -3 | -3 | -3 | |
| Exceptional Items | ||||
| PAT | 11 | 12 | 16 | |
| Minority Interest | ||||
| Share Associate | ||||
| Other Related Items | ||||
| Consolidated Net Profit | 11 | 12 | 16 | |
| Adjusted EPS | 10 | 10 | 14 |
| Particulars | 2 years | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. |
| Cash Fr. Operatn. | 27 | -9 | |
| Cash Fr. Inv. | -17 | -17 | |
| Cash Fr. Finan. | -10 | 28 | |
| Net Change | 0 | 2 | |
| Cash & Cash Eqvt | 0 | 2 |
|
Tue, 17 May 2022
Compliances-Reg.24(A)-Annual Secretarial Compliance With reference to the terms of clause 3(b)(iii) of the SEBI Circular No. ClR/CFD/CMD l/27/2019 dated 8th February 2019 we hereby submit the Annual Secretarial Compliance Report for the year ended 31st March 2022.Further the Annual Secretarial Compliance Report will also be filed in XBRL mode within the stipulated time period. |
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Sat, 30 Apr 2022
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A Format of Initial Disclosure to be made by an entity identified as a Large Corporate.
We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No Name of the Company Secretary: Sandeep Patel Designation: Company Secretary & Compliance Officer EmailId: cs@comsyn.com Name of the Chief Financial Officer: Abhishek Jain Designation: Chief Financial Officer EmailId: cfo@comsyn.com Date: 30/04/2022 Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. |
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Thu, 14 Apr 2022
Filing Of Certificate For Compliance Under Regulation 40(9) Of The SEBI (LODR) Regulations 2015 For The Year Ended 31St March 2022. Please find enclosed herewith the Certificate for Compliance under Regulation 40(9) of the SEBI (LODR) Regulations 2015; obtained from Practicing Company Secretary for the year ended on 31st March 2022`.You are requested to please take on record the above said document for your reference. |
| Wed, 18 May 2022 |
Close Crossing Last Month Close from Above
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High Decrease 3 Months
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High Increase 1 Year
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High Increase 2 Years
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High Increase 5 Years
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