Shree Rajasthan Syntex Ltd.
Snapshot View

3.70 0.00

04 August 2021, 04:00:00 P.M.
Volume: 500

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Manmade Fibres Compare with Industry peers
Website http://www.srsl.in
Financial Indicators
Market Cap 5.07 Cr.
Earnings per share (EPS) -17.62 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 37.18 Trailing Twelve Months Ending 2021-03
Book Value / Share -25.21 Trailing Twelve Months Ending 2021-03
Price to Book Value -0.15 Calculated using Price: 3.70
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.37 Cr. 13,702,301 Shares
FaceValue 10
Company Profile

Shree Rajasthan Syntex is a part of Rs 150-crore Shree Rajasthan Group. The company was incorporated on November 15, 1979 in Rajasthan and was promoted jointly by Rajasthan State Industrial Development & Investment Corporation Limited (RIICO) and three technocrats viz. Ladia, Satish Chandra Agarwal and SR Jain. The company is engaged in the manufacturing of polyester, acrylic & viscose yarns of various counts and blends.

The company's plant is located at Dungarpur in Rajasthan with a capacity to produce 12,000 tonne per annum. Its products include dyed-polyester viscose blended yarn, dyed 100% viscose/100% polyester yarn. The plant manufacturers a range of quality and high value yarns on Cross Roll (UK), Lakshmi Reiter, Schlafhorst (Germany), Savio (Italy) and Leewha (Korea) machines.

The unit has been leader in supply of dyed yarn in domestic markets. A wide variety of yarns ranging from counts Ne 15 to 30 is produced by quality twisting on TFO machines. The unit is producing dyed, milange, grindle, roving grindle and machine slub qualities among other special effect yarns. There is a very large shade range to match colour/effects of various yarns in normal twist as well as reverse twist. The company is exporting its products to Chile, Germany, Kenya, Spain, Syria, Jordan, Brazil, Egypt, Turkey, etc.

In 1989, as a part of its modernisation programme, the company undertook installation of latest carding machines during the year.  The company's high value fancy yarns and new varieties were well received in the market.

The registered office of the company is located at SRSL House, NH-8, Pulla Bhuwana Road, Udaipur, Rajasthan-313004.

Business area of the company:

The company's principal activity is to manufacture and market synthetic blended yarn, cotton yarn and polypropylene multifilament yarn.

Grey yarn - Grey yarn is produced using blends of different synthetic fibre such as polyester/viscose, 100% viscose yarn, 100% polyester fibre yarn and pure cotton. These qualities are produced in SRT division and polycot division of the company. The company has niche markets for 100% viscose fibre yarn. Specialty fibre yarns were developed for industrial and home textile applications.

Dyed yarn - Dyed yarn is produced at Syntex division of the company. These yarns are relatively higher value-added products and made according to customers specification of blend, counts and shades. The company has specialty in producing home textile dyed yarns for end use such as carpets, tapestry and upholstery.

PMF yarn - Polypropylene multifilament yarn is produced at Shree Shyam Filament division of the company at Bagru, Jaipur, POY and texturised yarn is produced for knitting, socks and furnishing applications. BCF yarn is produced for carpet applications.

Group companies:

  • Shree Shyam Filaments
  • Shree Rajasthan Texchem

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
-0.27%
1 Month
+6.32%
3 Month
-4.64%
6 Month
1 Year
+32.14%
2 Year
-59.03%
5 Year
-71.54%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -38.21 0.09 1.66 -3.96 -6.29 -2.64 -19.12 -93.86
Return on Capital Employed (%) -3.89 9.64 10.27 8.64 9.28 10.85 4.28 -3.23 -7.14
Return on Assets (%) -7.08 0.02 0.30 -0.68 -1.04 -0.43 -3.00 -10.31 -13.99

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 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 36 37 37 34 32 33 28 10 -11
Non Curr. Liab. 90 86 80 67 53 39 46 42 36
Curr. Liab. 98 77 97 104 115 128 108 110 122
Minority Int.
Equity & Liab. 224 199 214 206 200 200 182 162 148
Non Curr. Assets 129 111 114 105 96 90 85 93 88
Curr. Assets 95 88 100 101 103 110 97 69 60
Misc. Exp. not W/O
Total Assets 224 199 214 206 200 200 182 162 148

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 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 283 285 288 297 260 255 226 172 69
Other Income 3 5 2 5 5 3 8 2 2
Total Income 285 289 290 302 265 258 234 174 71
Total Expenditure -281 -263 -264 -281 -246 -238 -224 -184 -73
PBIDT 4 26 26 21 19 20 10 -10 -2
Interest -18 -16 -16 -17 -16 -16 -14 -16 -15
Depreciation -11 -10 -9 -8 -5 -5 -5 -4 -4
Taxation 8 0 0 2 1 0 3 2 0
Exceptional Items -1 11
PAT -17 0 1 -1 -2 -1 -6 -18 -22

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 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.
Cash Fr. Operatn. 34 16 25 24 20 13 5 11 -7
Cash Fr. Inv. -1 10 -13 2 5 2 2 14 1
Cash Fr. Finan. -33 -27 -12 -26 -26 -15 -7 -12 6
Net Change -1 -1 0 0 -1 0 0 13 0
Cash & Cash Eqvt 2 2 2 2 1 1 1 14 14

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 47.40 47.40 47.40 47.40 47.40 47.40 47.40 47.40 47.40
Public 52.60 52.60 52.60 52.60 52.60 52.60 52.60 52.60 52.60
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

Tue, 03 Aug 2021
Board Meeting Intimation for Approving Unaudited Financial Results For The Quarter Ended On 30Th June 2021.
SHREE RAJASTHAN SYNTEX LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2021 inter alia to consider and approve Unaudited Financial Results for the quarter ended on 30th June 2021.
Mon, 02 Aug 2021
Intimation Of Receipt Of Request For Re-Classification From ''Promoter And Promoter Group'' To ''Public'' Category Under Regulation 30 And 31A Of SEBI (Listing Obligations Disclosure Requirements) Regulations 2015 (''Listing Regulations'')
In accordance with Regulation 31A (8) of the Listing Regulations we hereby inform you that we are in receipt of letters dated 2nd August 2021 whereby certain shareholders have requested that they be re-classified from the Promoter and Promoter Group category to the Public category of shareholders of the Company under the provisions of the Listing Regulations (Request). Please refer to the attachment.
Tue, 20 Jul 2021
Format of Initial Disclosure to be made by an entity identified as a Large Corporate
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompaySHREE RAJASTHAN SYNTEX LTD.-
2CINL24302RJ1979PLC001948
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 33.44
4Highest Credit Rating during the previous FY D
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CARE RATINGS LIMITED
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


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: PRINKLE TALESARA
Designation: COMPANY SECRETARY AND COMPLIANCE OFFICER
EmailId: cs@srsl.in
Name of the Chief Financial Officer: PRAHLAD BILOCHI
Designation: CHIEF FINANCIAL OFFICER
EmailId: prahlad@srsl.in

Date: 20/07/2021

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.

Technical Scans View Details

Mon, 02 Aug 2021
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Opening at Low Opening at Low
Close Within 52 Week High Zone Close Within 52 Week High Zone

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