Shree Rajasthan Syntex Ltd.
Snapshot View

4.50 ▼0%

23 May 2022, 04:01:00 PM

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Manmade Fibres Compare with Industry peers
Website http://www.srsl.in
Market Cap 6.17 Cr.
Enterprise Value(EV) 65.59 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) -17.46 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-12
Industry PE - Trailing Twelve Months Ending 2021-12
Book Value / Share -38.89 Trailing Twelve Months Ending 2021-12
Price to Book Value -0.12 Calculated using Price: 4.50
Dividend Yield 0.00 Period Ending 2021-03
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
+1.58%
1 Month
+4.90%
3 Month
-0.88%
6 Month
+7.14%
1 Year
+15.98%
2 Year
+186.62%
5 Year
-67.74%
10 Year
-58.72%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 0.09 1.66 -3.96 -6.29 -2.64 -19.12 -93.86
Return on Capital Employed (%) 9.64 10.27 8.64 9.28 10.85 4.28 -3.23 -7.14 -8.33
Return on Assets (%) 0.02 0.30 -0.68 -1.04 -0.43 -3.00 -10.31 -13.99 -17.60

Balance Sheet View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 37 37 34 32 33 28 10 -11 -34 -46
Non Curr. Liab. 86 80 67 53 39 46 42 36 4 4
Curr. Liab. 77 97 104 115 128 108 110 122 156 164
Minority Int.
Equity & Liab. 199 214 206 200 200 182 162 148 126 122
Non Curr. Assets 111 114 105 96 90 85 93 88 116 114
Curr. Assets 88 100 101 103 110 97 69 60 10 8
Misc. Exp. not W/O
Total Assets 199 214 206 200 200 182 162 148 126 122

Profit Loss View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 285 288 297 260 255 226 172 69 37 50
Other Income 5 2 5 5 3 8 2 2 2 1
Total Income 289 290 302 265 258 234 174 71 38 51
Total Expenditure -263 -264 -281 -246 -238 -224 -184 -73 -40 -54
PBIDT 26 26 21 19 20 10 -10 -2 -2 -3
Interest -16 -16 -17 -16 -16 -14 -16 -15 -18 -17
Depreciation -10 -9 -8 -5 -5 -5 -4 -4 -4 -4
Taxation 0 0 2 1 0 3 2 0
Exceptional Items 11
PAT 0 1 -1 -2 -1 -6 -18 -22 -24 -24
Adjusted EPS 0 0 -1 -2 -1 -4 -13 -16 -18 -17

Cash Flow View Details

Particulars 10 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. 2021-03 Rs. Cr.
Cash Fr. Operatn. 34 16 25 24 20 13 5 11 -7 -2
Cash Fr. Inv. -1 10 -13 2 5 2 2 14 1 1
Cash Fr. Finan. -33 -27 -12 -26 -26 -15 -7 -12 6 -12
Net Change -1 -1 0 0 -1 0 0 13 0 -14
Cash & Cash Eqvt 2 2 2 2 1 1 1 14 14 1

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 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

Wed, 25 May 2022
Board Meeting Outcome for Approving Audited Financial Results Of The Company For The Quarter And Year Ended On 31St March 2022 Along With The Statement Of Assets And Liabilities As On That Date And Cash Flow Statement For The Year Ended On 31St March 2022
The Board of Directors of the Company at their 235th Meeting held on Wednesday 25th May 2022 at the registered office of the Company situated at 27-A First Floor Meera Nagar Housing Board Colony Udaipur -313001 Rajasthan which commenced at 3.00 P.M. and concluded at 6.40 P.M. inter alia transacted the businesses enclosed herewith.
Wed, 25 May 2022
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
We wish to inform your good-self that the Board of Directors of the Company at their 235th Meeting held on Wednesday 25th May 2022 at the registered office of the Company situated at 27-A First Floor Meera Nagar Housing Board Colony Udaipur -313001 Rajasthan which commenced at 3.00P.M. and concluded at 6.40 P.M. inter alia recommended the re-appointment of M/s Doogar & Associates Chartered Accountants New Delhi (Firm Reg. No. 000561N) as the statutory auditors of the Company under Section 139 of the Companies Act 2013 subject to the approval of shareholders of the Company who shall hold office for another term of 5 consecutive years from the conclusion of 42nd AGM till the conclusion of 47th AGM to be held in the year 2027.
Wed, 25 May 2022
Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations & Disclosure Requirements) Regulations 2015 ('Listing Regulations')
We wish to inform your good-self that the Board of Directors of the Company at their 235th Meeting held on Wednesday 25th May 2022 at the registered office of the Company situated at 27-A First Floor Meera Nagar Housing Board Colony Udaipur -313001 Rajasthan which commenced at 3.00 P.M. and concluded at 6.40 P.M. inter alia approved the re-appointment of Mr. Vikas Ladia as Managing Director and Chief Executive Officer (MD & CEO) and Mr. Anubhav Ladia as Whole Time Director (WTD) of the Company for a period of 3 years with effect from 1st June 2022 to 31st May 2025 subject to approval of shareholders in the ensuing Annual General Meeting.

Technical Scans View Details

Mon, 23 May 2022
Opening at High Opening at High
Opening at Low Opening at Low
Opening at Low for 3 days Opening at Low for 3 days
Closing Above Previous High Closing Above Previous High
Close Within 52 Week High Zone Close Within 52 Week High Zone

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Page Industries Ltd. 46,236.66 41,453.45 -3.5%
Trident Ltd. 23,263.04 45.65 -3.4%
Vedant Fashions Ltd. 23,257.02 958.25 -1.1%
K.P.R. Mill Ltd. 19,685.07 575.90 0.0%
Alok Industries Ltd. 10,551.14 21.25 -4.5%
Lakshmi Machine Works Ltd. 9,486.50 8,880.00 +3.8%
Vardhman Textiles Ltd. 8,564.29 296.40 -8.5%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Page Industries Ltd. Standalone 2021-12 100.17 41,453.45 -3.5%
Trident Ltd. Consolidated 2021-12 31.91 45.65 -3.4%
Vedant Fashions Ltd. Consolidated 2022-03 73.85 958.25 -1.1%
K.P.R. Mill Ltd. Consolidated 2022-03 23.38 575.90 0.0%
Alok Industries Ltd. Consolidated 2022-03 0.00 21.25 -4.5%
Lakshmi Machine Works Ltd. Consolidated 2022-03 52.40 8,880.00 +3.8%
Vardhman Textiles Ltd. Consolidated 2022-03 5.54 296.40 -8.5%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Page Industries Ltd. Standalone 2021-12 39.33 41,453.45 -3.5%
Trident Ltd. Consolidated 2021-12 6.12 45.65 -3.4%
Vedant Fashions Ltd. Consolidated 2022-03 21.48 958.25 -1.1%
K.P.R. Mill Ltd. Consolidated 2022-03 6.18 575.90 0.0%
Alok Industries Ltd. Consolidated 2022-03 -0.59 21.25 -4.5%
Lakshmi Machine Works Ltd. Consolidated 2022-03 4.77 8,880.00 +3.8%
Vardhman Textiles Ltd. Consolidated 2022-03 1.11 296.40 -8.5%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Page Industries Ltd. Standalone 2021-03 0.00 41,453.45 -3.5%
Trident Ltd. Consolidated 2021-03 0.46 45.65 -3.4%
Vedant Fashions Ltd. Consolidated 2021-03 0.00 958.25 -1.1%
K.P.R. Mill Ltd. Consolidated 2021-03 0.28 575.90 0.0%
Alok Industries Ltd. Consolidated 2021-03 -1.37 21.25 -4.5%
Lakshmi Machine Works Ltd. Consolidated 2021-03 0.00 8,880.00 +3.8%
Vardhman Textiles Ltd. Consolidated 2021-03 0.33 296.40 -8.5%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Page Industries Ltd. Standalone 2021-03 39.96 41,453.45 -3.5%
Trident Ltd. Consolidated 2021-03 9.57 45.65 -3.4%
Vedant Fashions Ltd. Consolidated 2021-03 12.32 958.25 -1.1%
K.P.R. Mill Ltd. Consolidated 2021-03 24.44 575.90 0.0%
Alok Industries Ltd. Consolidated 2021-03 0.00 21.25 -4.5%
Lakshmi Machine Works Ltd. Consolidated 2021-03 2.59 8,880.00 +3.8%
Vardhman Textiles Ltd. Consolidated 2021-03 6.44 296.40 -8.5%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Page Industries Ltd. Standalone 2021-03 39.96 41,453.45 -3.5%
Trident Ltd. Consolidated 2021-03 9.57 45.65 -3.4%
Vedant Fashions Ltd. Consolidated 2021-03 12.32 958.25 -1.1%
K.P.R. Mill Ltd. Consolidated 2021-03 24.44 575.90 0.0%
Alok Industries Ltd. Consolidated 2021-03 0.00 21.25 -4.5%
Lakshmi Machine Works Ltd. Consolidated 2021-03 2.59 8,880.00 +3.8%
Vardhman Textiles Ltd. Consolidated 2021-03 6.44 296.40 -8.5%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Page Industries Ltd. Standalone 2021-03 2,832.96 41,453.45 -3.5%
Trident Ltd. Consolidated 2021-03 4,530.62 45.65 -3.4%
Vedant Fashions Ltd. Consolidated 2021-03 564.82 958.25 -1.1%
K.P.R. Mill Ltd. Consolidated 2021-03 3,530.15 575.90 0.0%
Alok Industries Ltd. Consolidated 2021-03 3,885.20 21.25 -4.5%
Lakshmi Machine Works Ltd. Consolidated 2021-03 1,727.38 8,880.00 +3.8%
Vardhman Textiles Ltd. Consolidated 2021-03 6,139.87 296.40 -8.5%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Page Industries Ltd. Standalone 2021-03 340.58 41,453.45 -3.5%
Trident Ltd. Consolidated 2021-03 303.80 45.65 -3.4%
Vedant Fashions Ltd. Consolidated 2021-03 132.90 958.25 -1.1%
K.P.R. Mill Ltd. Consolidated 2021-03 515.26 575.90 0.0%
Alok Industries Ltd. Consolidated 2021-03 -5,672.28 21.25 -4.5%
Lakshmi Machine Works Ltd. Consolidated 2021-03 44.60 8,880.00 +3.8%
Vardhman Textiles Ltd. Consolidated 2021-03 401.84 296.40 -8.5%