Swasti Vinayaka Synthetics Ltd - Stock Valuation and Financial Performance

BSE: 510245 | NSE: | Textile | Small Cap

Swasti Vinayaka Syn. Share Price

6.84 -0.08 -1.16%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Swasti Vinayaka Syn.

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Swasti Vinayaka Synthetics stock performance -

mw4me loader
P/E Ratio (SA):
29.16
Market Cap:
61.6 Cr.
52-wk low:
6
52-wk high:
10.6

Is Swasti Vinayaka Synthetics Ltd an attractive stock to invest in?

1. Is Swasti Vinayaka Synthetics Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Swasti Vinayaka Synthetics Ltd is a good quality company.

2. Is Swasti Vinayaka Synthetics Ltd undervalued or overvalued?

The key valuation ratios of Swasti Vinayaka Synthetics Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Swasti Vinayaka Synthetics Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Swasti Vinayaka Synthetics Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Swasti Vinayaka Syn.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Swasti Vinayaka Synthetics Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 15.5%17.3%24.8%27.5%27.7%13.7%14.9%15.4%16.8%15.3%-
Value Creation
Index
0.10.20.81.01.00.00.10.10.20.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 16.116.116.519.319.120.914.320.426.830.736
Sales YoY Gr.-0.1%2.7%16.9%-1.3%9.7%-31.8%42.6%31.8%14.3%-
Adj EPS 0.10.10.10.20.30.20.20.20.20.20.2
YoY Gr.-100%30%76.9%21.7%-42.9%6.3%11.8%15.8%0%-
BVPS (₹) 0.90.90.91.11.31.41.61.822.22.3
Adj Net
Profit
0.50.91.22.12.51.41.51.8222
Cash Flow from Ops. 2.73.23.33.41.43-0.21.83.1-2.8-
Debt/CF from Ops. 10.50.40.52.32.2-16.10.50.8-0.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.4%10%29%14.3%
Adj EPS 17.9%-4.7%9%0%
BVPS11%10.7%12.2%11.5%
Share Price 15.9% 27.3% 9.9% 4.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
5.61013.220.721.711.111.111.111.310.110.2
Op. Profit
Mgn %
11.114.517.216.119.212.219.513.511.810.510.4
Net Profit
Mgn %
3.15.57.310.713.26.810.88.67.46.45.8
Debt to
Equity
0.40.20.20.20.30.50.20.10.100.2
Working Cap
Days
209231247260330371586418358341183
Cash Conv.
Cycle
115127137135178220333243205200136

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 29.04%

Sales growth is good in last 4 quarters at 39.05%

Return on Equity has declined versus last 3 years average to 10.20%

Net Profit has been subdued in last 3 years 8.97%

Latest Financials - Swasti Vinayaka Synthetics Ltd.

Standalone Consolidated
TTM EPS (₹) 0.2 -
TTM Sales (₹ Cr.) 35.7 -
BVPS (₹.) 2.3 -
Reserves (₹ Cr.) 12 -
P/BV 2.98 -
PE 29.16 -
From the Market
52 Week Low / High (₹) 6.00 / 10.60
All Time Low / High (₹) 0.03 / 17.13
Market Cap (₹ Cr.) 61.6
Equity (₹ Cr.) 9
Face Value (₹) 1
Industry PE 26.8

Management X-Ray of Swasti Vinayaka Syn.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Swasti Vinayaka Syn.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales16.0716.0916.5219.3119.0620.9114.2720.3526.8230.66
Operating Expenses 14.2913.7513.6816.2115.4018.3611.4917.6123.6527.43
Manufacturing Costs1.851.551.462.172.643.301.052.473.833.39
Material Costs10.7910.069.6411.499.7011.525.7610.1313.1917.29
Employee Cost 0.610.650.800.620.640.790.610.700.831.10
Other Costs 1.051.491.781.922.422.754.064.305.795.66
Operating Profit 1.782.342.843.103.662.552.782.743.183.22
Operating Profit Margin (%) 11.1%14.5%17.2%16.1%19.2%12.2%19.5%13.5%11.8%10.5%
Other Income 0.400.080.080.320.460.260.140.120.260.26
Interest 0.280.410.280.220.250.400.640.300.470.53
Depreciation 0.690.660.490.470.420.490.280.280.320.32
Exceptional Items 0000000000
Profit Before Tax 1.201.342.152.733.451.9122.292.642.63
Tax 0.450.460.940.670.930.480.460.540.650.65
Profit After Tax 0.750.881.212.062.521.431.541.751.991.98
PAT Margin (%) 4.7%5.5%7.3%10.7%13.2%6.8%10.8%8.6%7.4%6.4%
Adjusted EPS (₹)0.10.10.10.20.30.20.20.20.20.2
Dividend Payout Ratio (%)65%63%52%34%31%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 8.798.959.3510.5212.7912.9514.8716.6118.6120.60
Share Capital 7777777999
Reserves 1.791.952.353.525.795.957.877.619.6111.60
Minority Interest0000000000
Debt2.420.800.460.470.681.641.870.720.792.75
Long Term Debt0.0200.160.130.221.201.430.720.792.75
Short Term Debt2.400.800.300.340.460.440.44000
Trade Payables0.530.130.501.420.731.240.440.881.651.27
Others Liabilities 4.966.267.829.5010.7013.5310.4211.0914.289.68
Total Liabilities 16.7016.1518.1221.9024.9129.3627.5929.3035.3234.31

Fixed Assets

Gross Block17.6517.6618.0218.0318.2519.3119.3419.8020.2720.43
Accumulated Depreciation12.0512.6913.2213.7414.0314.4014.7215.0515.4115.78
Net Fixed Assets5.604.974.804.294.224.914.624.754.864.65
CWIP 0000000000
Investments 0.830.830.831.781.360.850.340.141.890.26
Inventories3.583.534.535.486.218.4977.689.3211.65
Trade Receivables2.442.452.643.965.906.846.877.289.147.13
Cash Equivalents 0.140.150.370.500.180.200.190.180.160.54
Others Assets4.114.224.965.907.048.078.569.279.9510.07
Total Assets 16.7016.1518.1221.9024.9129.3627.5929.3035.3234.31

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 2.713.223.303.431.382.97-0.161.833.13-2.78
PBT 1.201.342.152.733.451.9122.292.642.63
Adjustment 0.961.030.710.650.080.690.760.630.610.67
Changes in Working Capital 0.550.850.440.05-2.150.38-2.93-1.09-0.13-6.08
Tax Paid 0000000000
Cash Flow From Investing Activity -2.02-0.04-0.31-0.980.39-0.861.01-0.25-2.031.69
Capex -1.47-0.06-0.36-0.01-0.19-1.22-0.04-0.45-0.48-0.16
Net Investments -0.5600-0.960.550.230.960.19-1.701.70
Others 0.020.020.06-0.010.030.130.080.010.150.15
Cash Flow From Financing Activity -0.72-3.17-2.77-2.33-2.09-2.10-0.85-1.58-1.121.47
Net Proceeds from Shares 000000000.010
Net Proceeds from Borrowing -0.010.170.520.390.091.030.24-0.130.012.09
Interest Paid -0.28-0.41-1.28-0.16-0.23-0.35-0.60-0.31-0.44-0.50
Dividend Paid -0.59-0.68-0.76-0.840-0.930000
Others 0.16-2.26-1.24-1.71-1.94-1.86-0.49-1.14-0.69-0.11
Net Cash Flow -0.030.010.220.12-0.320.02-0.01-0.01-0.020.38
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)9.6711.1314.622.6623.2411.7911.6811.5811.710.37
ROCE (%)15.5417.2624.7727.4527.6613.6814.8915.3716.7615.3
Asset Turnover Ratio1.060.980.960.960.810.770.50.720.830.88
PAT to CFO Conversion(x)3.613.662.731.670.552.08-0.11.051.57-1.4
Working Capital Days
Receivable Days545556629411117512711297
Inventory Days72818995112128198132116125
Payable Days15121231403153243531

Swasti Vinayaka Synthetics Ltd Stock News

Swasti Vinayaka Synthetics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Swasti Vinayaka Syn. on 21-Nov-2024 16:59 is ₹6.84.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Swasti Vinayaka Syn. stood at ₹61.56.
The latest P/E ratio of Swasti Vinayaka Syn. as of 21-Nov-2024 16:59 is 29.16.
The latest P/B ratio of Swasti Vinayaka Syn. as of 21-Nov-2024 16:59 is 2.98.
The 52-week high of Swasti Vinayaka Syn. is ₹10.60 and the 52-week low is ₹6.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Swasti Vinayaka Syn. is ₹35.65 ( Cr.) .

About Swasti Vinayaka Synthetics Ltd

Swasti Vinayaka Synthetics was incorporated as a private limited company on March 9, 1981 by the name of Rajesh Synthetics.

Till 1985, the company was mainly engaged in the marketing of suiting, shirting, sarees and dress materials. The company set up its first plant at Tarapur in 1985 to manufacture suiting and shirting.

In 1985 it changed its focus from trading to manufacturing activities.

Till 1989, SVSL was part of the Siyaram Group. Progressively, it went on to build its own brand ‘Vinayaka’.

Under a scheme of amalgamation approved in 1990-91 by the Bombay High Court, two textile manufacturing companies viz. Shree Ganesh Fabrics with its weaving unit at Bhiwandi and Ranisati Syntex with its weaving unit at Phalghar, were merged with the company with effect from April 1990.

The name of the company was changed to Swasti Vinayaka Synthetics Ltd on September 10, 1999.

Currently, the company operates two units one located at Tarapur and another in Palghar in the state of Maharashtra.

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