Past 10 year’s financial track record analysis by Moneyworks4me indicates that Sintex Industries Ltd is a below average quality company.
The key valuation ratios of Sintex Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
No data found
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 10.9% | 11.5% | 2.3% | 2.5% | 3.1% | 2.4% | -5.9% | -5.6% | 3% | 57.1% | - |
| Value Creation Index ⓘ | -0.2 | -0.2 | -0.8 | -0.8 | -0.8 | -0.8 | -1.4 | -1.4 | -0.8 | 3.1 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 3,233 | 4,006 | 915 | 1,430 | 2,036 | 2,821 | 1,635 | 1,689 | 3,127 | 3,135 | 3,301 |
| Sales YoY Gr. | - | 23.9% | -77.2% | 56.3% | 42.3% | 38.6% | -42% | 3.3% | 85.1% | 0.3% | - |
| Adj EPS ⓘ | 10.8 | 10.5 | 2.2 | 2.1 | 2.1 | 0.2 | -20.6 | -16.8 | -9.5 | 0.4 | -24.2 |
| YoY Gr. | - | -2.8% | -79.5% | -3.7% | 3.4% | -89.7% | -9445.5% | NA | NA | NA | - |
| BVPS (₹) ⓘ | 93.5 | 97.2 | 108.4 | 71.7 | 74 | 74 | 52.7 | 31.3 | 21.8 | 3 | -0.4 |
| Adj Net Profit ⓘ | 344 | 456 | 97.8 | 113 | 127 | 13 | -1,221 | -1,004 | -567 | 313 | -1,451 |
| Cash Flow from Ops. ⓘ | 712 | 809 | 531 | 620 | 63 | 984 | 218 | 94.5 | 8.1 | 19.8 | - |
| Debt/CF from Ops. ⓘ | 4.9 | 4.9 | 9.2 | 6.7 | 86.5 | 6.1 | 29.7 | 69.1 | 820.5 | 96 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -0.3% | 9% | 24.2% | 0.3% | ||||
| Adj EPS ⓘ | -31.3% | -29.6% | NA | NA | ||||
| BVPSⓘ | -31.9% | -47.5% | -61.7% | -86.4% | ||||
| Share Price | -31.1% | 16.3% | -44.9% | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 11.8 | 12.5 | 2.1 | 2.6 | 3.1 | 0.3 | -32.5 | -40.1 | -35.7 | 16.3 | -1863.1 |
| Op. Profit Mgn % ⓘ | 22.4 | 22.5 | 22.6 | 18.8 | 14.8 | 13.7 | -18 | 8.6 | 13.8 | 2.4 | 4.5 |
| Net Profit Mgn % ⓘ | 10.7 | 11.4 | 10.7 | 7.9 | 6.2 | 0.5 | -74.7 | -59.5 | -18.1 | 10 | -44 |
| Debt to Equity ⓘ | 1.2 | 0.9 | 1 | 1.1 | 1.2 | 1.4 | 2.1 | 3.5 | 5.1 | 0.8 | - |
| Working Cap Days ⓘ | 334 | 315 | 1,354 | 593 | 306 | 260 | 389 | 309 | 200 | 178 | 92 |
| Cash Conv. Cycle ⓘ | 126 | 110 | 539 | 236 | 110 | 69 | 58 | 31 | 36 | 62 | -417 |
No data to display
Return on Equity has declined versus last 3 years average to %
Sales growth has been subdued in last 3 years %
Sales growth is not so good in last 4 quarters at %
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -24.2 | -23.9 |
| TTM Sales (₹ Cr.) | 3,301 | 3,282 |
| BVPS (₹.) ⓘ | -0.4 | -0.1 |
| Reserves (₹ Cr.) ⓘ | -81 | -67 |
| P/BV ⓘ | -6.21 | -17.66 |
| PE ⓘ | 0.00 | 0.00 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 2.21 / 2.21 |
| All Time Low / High (₹) | 0.56 / 302.17 |
| Market Cap (₹ Cr.) | 132 |
| Equity (₹ Cr.) | 59.9 |
| Face Value (₹) | 1 |
| Industry PE ⓘ | 30.2 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,233.12 | 4,006.06 | 914.96 | 1,430.45 | 2,035.76 | 2,820.77 | 1,634.92 | 1,689.15 | 3,126.50 | 3,135.03 |
| Operating Expenses ⓘ | 2,517.22 | 3,106.33 | 709.04 | 1,160.99 | 1,734.90 | 2,434.67 | 1,970.67 | 1,544.27 | 2,696.81 | 3,087.21 |
| Manufacturing Costs | 196.46 | 203.25 | 80.38 | 144.04 | 263.43 | 339.03 | 232.96 | 236.26 | 352.10 | 382.84 |
| Material Costs | 2,077.82 | 2,622.86 | 558.57 | 891.24 | 1,271.98 | 1,782.01 | 1,182.97 | 1,115.45 | 2,119.69 | 2,416.93 |
| Employee Cost | 112.99 | 127.68 | 60.91 | 95.92 | 146.80 | 178.59 | 157.50 | 134.40 | 163.94 | 173.01 |
| Other Costs ⓘ | 129.95 | 152.54 | 9.18 | 29.79 | 52.69 | 135.04 | 397.24 | 58.16 | 61.08 | 114.43 |
| Operating Profit ⓘ | 715.90 | 899.73 | 205.92 | 269.46 | 300.86 | 386.10 | -335.75 | 144.88 | 429.69 | 47.82 |
| Operating Profit Margin (%) | 22.1% | 22.5% | 22.5% | 18.8% | 14.8% | 13.7% | -20.5% | 8.6% | 13.7% | 1.5% |
| Other Income ⓘ | 113.87 | 112.18 | 75.94 | 83.71 | 119.81 | 91.55 | 27.51 | 56.46 | 77.36 | 69.77 |
| Interest ⓘ | 237.38 | 228.53 | 67.86 | 89.75 | 106.79 | 208.82 | 742.03 | 794.92 | 812.04 | 782.57 |
| Depreciation ⓘ | 138.33 | 144.84 | 72.53 | 132.22 | 142.16 | 232.42 | 284.40 | 281.75 | 262.31 | 98.60 |
| Exceptional Items ⓘ | -16.06 | -21.79 | 0 | 0 | 0 | 0 | 0 | -426.64 | 0 | 3,525.07 |
| Profit Before Tax ⓘ | 438 | 616.75 | 141.47 | 131.20 | 171.72 | 36.41 | -1,334.67 | -1,301.97 | -567.30 | 2,761.49 |
| Tax ⓘ | 102.94 | 159.23 | 31.15 | 3.72 | 35.74 | 17.21 | -84.69 | -0.15 | 0 | 0.38 |
| Profit After Tax | 335.06 | 457.52 | 110.32 | 127.48 | 135.98 | 19.20 | -1,249.98 | -1,301.82 | -567.30 | 2,761.11 |
| PAT Margin (%) | 10.4% | 11.4% | 12.1% | 8.9% | 6.7% | 0.7% | -76.5% | -77.1% | -18.1% | 88.1% |
| Adjusted EPS (₹) | 10.6 | 10.6 | 2.4 | 2.3 | 2.3 | 0.3 | -21.0 | -21.7 | -9.5 | 3.2 |
| Dividend Payout Ratio (%) | 7% | 6% | 28% | 11% | 4% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 2,984.41 | 4,203.84 | 4,924.34 | 3,906.45 | 4,396.58 | 4,396.23 | 3,129.52 | 1,874.40 | 1,304.62 | 2,533.81 |
| Share Capital ⓘ | 31.12 | 42.44 | 44.66 | 54.47 | 59.41 | 59.41 | 59.41 | 59.92 | 59.92 | 857.14 |
| Reserves ⓘ | 2,953.29 | 4,161.40 | 4,879.68 | 3,851.98 | 4,337.17 | 4,336.82 | 3,070.11 | 1,814.48 | 1,244.70 | 1,676.67 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 3,406.01 | 3,414.47 | 4,527.96 | 3,955.81 | 5,055.81 | 5,314.58 | 1,487.71 | 1,603.45 | 1,741.94 | 1,895.25 |
| Long Term Debt | 2,856.06 | 2,683.41 | 3,876.65 | 3,637.64 | 4,233.63 | 4,537.44 | 0 | 0 | 0 | 1,895.25 |
| Short Term Debt | 549.95 | 731.06 | 651.31 | 318.17 | 822.18 | 777.14 | 1,487.71 | 1,603.45 | 1,741.94 | 0 |
| Trade Payables | 375.80 | 377.15 | 294.92 | 198.40 | 280.47 | 368.32 | 172.66 | 110.84 | 177.96 | 160.07 |
| Others Liabilities ⓘ | 615.36 | 1,214.03 | 900.73 | 377.59 | 686.68 | 1,374.03 | 5,768.04 | 6,271.35 | 6,945.79 | 24.10 |
| Total Liabilities ⓘ | 7,381.58 | 9,209.49 | 10,647.95 | 8,438.25 | 10,419.54 | 11,453.16 | 10,557.93 | 9,860.04 | 10,170.31 | 4,613.23 |
Fixed Assets | ||||||||||
| Gross Block | 3,482.48 | 4,983.60 | 6,588.79 | 3,969.34 | 6,229.03 | 8,886.62 | 8,873.46 | 8,873.46 | 8,873.96 | 8,015.78 |
| Accumulated Depreciation | 816.99 | 926.90 | 191.11 | 207.57 | 348.98 | 581.04 | 859.99 | 1,568.35 | 1,830.66 | 5,041.06 |
| Net Fixed Assetsⓘ | 2,665.49 | 4,056.70 | 6,397.68 | 3,761.77 | 5,880.05 | 8,305.58 | 8,013.47 | 7,305.11 | 7,043.30 | 2,974.72 |
| CWIP ⓘ | 84.50 | 204.19 | 172.05 | 2,493.23 | 2,349.64 | 1,009.53 | 1,065.12 | 1,066.25 | 1,066 | 444.45 |
| Investmentsⓘ | 1,029.24 | 1,023.60 | 357.40 | 34.62 | 21.92 | 8.31 | 40.08 | 40.16 | 38.38 | 4.56 |
| Inventories | 168.28 | 162.52 | 181.04 | 205.06 | 513.24 | 240.53 | 119.09 | 146.19 | 308.65 | 458.59 |
| Trade Receivables | 1,299.64 | 1,446.63 | 1,540.54 | 478.09 | 550.24 | 484.36 | 163.63 | 128.24 | 336.24 | 307.35 |
| Cash Equivalents | 102.70 | 336.51 | 520.49 | 704.11 | 203.55 | 73.72 | 11.38 | 20.05 | 26.61 | 122.70 |
| Others Assetsⓘ | 2,031.73 | 1,979.34 | 1,478.75 | 761.37 | 900.90 | 1,331.13 | 1,145.16 | 1,154.04 | 1,351.13 | 300.86 |
| Total Assets ⓘ | 7,381.58 | 9,209.49 | 10,647.95 | 8,438.25 | 10,419.54 | 11,453.16 | 10,557.93 | 9,860.04 | 10,170.31 | 4,613.23 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 712.25 | 809.08 | 530.64 | 620.38 | 62.95 | 984.07 | 218.05 | 94.54 | 8.13 | 19.75 |
| PBT ⓘ | 438 | 616.75 | 715.23 | 131.20 | 171.72 | 36.41 | -1,334.67 | -875.33 | -567.30 | 2,761.49 |
| Adjustment ⓘ | 302.57 | 327.32 | 306.93 | 188.71 | 219.10 | 419.70 | 1,280.46 | 1,089.96 | 1,069.08 | -2,617.19 |
| Changes in Working Capital ⓘ | 63.27 | -33.59 | -337.24 | 389.43 | -281.21 | 554.24 | 255.54 | -165.12 | -491.58 | -120.56 |
| Tax Paid ⓘ | -91.59 | -101.40 | -154.28 | -88.96 | -46.66 | -26.28 | 16.72 | 45.03 | -2.07 | -3.99 |
| Cash Flow From Investing Activity ⓘ | -1,374.35 | -1,455.49 | -1,028.80 | -2,731.30 | -2,123.14 | -1,295.93 | -99.56 | 7.96 | 3.98 | -118.09 |
| Capex | -1,291.45 | -1,555.06 | -1,927.49 | -2,718.42 | -2,124.19 | -1,425.16 | -116.03 | -0.63 | -0.26 | -68.26 |
| Net Investments | 9.27 | 5.88 | 643.66 | -43.52 | -17.12 | 107.16 | 0.53 | 0 | 0 | -49.87 |
| Others ⓘ | -92.17 | 93.69 | 255.03 | 30.64 | 18.17 | 22.07 | 15.94 | 8.59 | 4.24 | 0.04 |
| Cash Flow From Financing Activityⓘ | -2.03 | 879.99 | 653.24 | 2,272.02 | 1,523.49 | 289.08 | -180.83 | -93.83 | -5.55 | 144.56 |
| Net Proceeds from Shares ⓘ | 0 | 84.87 | 0 | 688.04 | 0 | 0 | 0 | 0 | 0 | 600 |
| Net Proceeds from Borrowing ⓘ | 672.04 | 912.19 | 1,121.71 | -60.06 | 1,130.90 | 552.52 | -253.34 | -8.39 | 0 | -1,352.34 |
| Interest Paid ⓘ | -266.49 | -271.11 | -359.99 | -89.75 | -94.32 | -211.29 | -199.81 | -85.25 | -5.39 | -3.10 |
| Dividend Paid ⓘ | -25.47 | -27.07 | -37.52 | -37.62 | -17.10 | -7.11 | -0.11 | -0.19 | -0.16 | 0 |
| Others ⓘ | -382.11 | 181.11 | -70.96 | 1,771.41 | 504.01 | -45.04 | 272.43 | 0 | 0 | 900 |
| Net Cash Flow ⓘ | -664.13 | 233.58 | 155.08 | 161.10 | -536.70 | -22.78 | -62.34 | 8.67 | 6.56 | 46.22 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 11.79 | 12.78 | 2.42 | 2.89 | 3.28 | 0.44 | -33.22 | -52.03 | -35.69 | 143.87 |
| ROCE (%) | 10.88 | 11.49 | 2.33 | 2.48 | 3.12 | 2.43 | -5.94 | -5.63 | 2.99 | 57.14 |
| Asset Turnover Ratio | 0.47 | 0.49 | 0.09 | 0.15 | 0.22 | 0.26 | 0.15 | 0.17 | 0.31 | 0.42 |
| PAT to CFO Conversion(x) | 2.13 | 1.77 | 4.81 | 4.87 | 0.46 | 51.25 | N/A | N/A | N/A | 0.01 | Working Capital Days |
| Receivable Days | 140 | 123 | 596 | 258 | 92 | 67 | 72 | 32 | 27 | 37 |
| Inventory Days | 20 | 15 | 69 | 49 | 64 | 49 | 40 | 29 | 27 | 45 |
| Payable Days | 42 | 33 | 172 | 101 | 69 | 66 | 83 | 46 | 25 | 26 |
Sintex Industries (Earlier known as The Bharat Vijay Mills) has two divisions - textiles and plastics. In the area of textiles, the company has been pioneers in high value fabrics.
Its Plastics Division started in the year 1975 and today it has most diversified manufacturing capabilities in plastic processing in the world, with 10 plants spread across the country, more than twelve manufacturing processes under one roof, having more than 500,000 Sq. meter area and a more than 1000 strong work force. The company has also created extensive finishing, assembling, metal fabrication and concrete products facilities. Combination of such varied capabilities along with the company’s state-of-the-art design and tool room facilities enables it to give vast array of products and solutions.
Businesses
Plastic- Sintex manufactures wide range of plastic products catering to various segments like construction, interiors, Industries and consumers. It manufactures products like tanks, PVC Pipes, Doors, window panels, kitchen cabinets, furniture, shelters, pallets, insulated boxes, chemical tanks, meter boxes, bins, solar water heating system etc.
Core business being plastic products, it is also into manufacturing of plastic moulds customised according the industries requirements.
Fabrics- It manufactures wide range of Men’s and Ladies apparels and furnishing.
Milestones
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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