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Indo Rama Synth share price

Indo Rama Synthetics (India) Ltd.

NSE: INDORAMA BSE: 500207 SECTOR: Textile - Manmade Fibres  24k   69   6

45.45
+0.30 (0.66%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 46.55

Today's Low

₹ 45.15

52 Week High

₹ 67.03

52 Week Low

₹ 37.5

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

1186.76 Cr.

Enterprise Value

1792.1 Cr.

No. of Shares

26.11 Cr.

P/E

0

P/B

2.63

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  17.27

CASH

58.55 Cr.

DEBT

663.89 Cr.

Promoter Holding

74.84 %

EPS (TTM)

₹  -4.74

Sales Growth

0.13%

ROE

-3.28 %

ROCE

3.7%

Profit Growth

-107.19 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year0.13%
3 Year22.84%
5 Year11.61%

Profit Growth

1 Year-107.19%
3 Year24.7%
5 Year12.06%

ROE%

1 Year-3.28%
3 Year31.62%
5 Year-24.7%

ROCE %

1 Year3.7%
3 Year16.13%
5 Year0.1%

Debt/Equity

1.1507

Price to Cash Flow

-18.04

Interest Cover Ratio

0.671776528700392

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 74.84 0
Dec 2023 74.84 0
Sep 2023 74.84 0
Jun 2023 74.84 0
Mar 2023 74.84 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 22.8382679036002% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of -61.3965042482957 days.
  • The company has a high promoter holding of 74.84%.

 Limitations

  • Company has low Interest coverage ratio of 0.671776528700392.
  • Company has negative cash flow from operations of -65.8.
  • The company has a low EBITDA margin of 0.856959909852475% over the past 5 years.
  • The company is trading at a high EV/EBITDA of 700.2709.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 849.74 843.15 814.55 1195.71 832.28
Total Expenditure 890.35 823.98 839.09 1158.87 879.25
Operating Profit -40.61 19.17 -24.54 36.84 -46.97
Other Income 0.38 8.38 2.32 1.33 5.83
Interest 16.27 19.27 21.8 24.82 29.13
Depreciation 7.58 7.62 8.06 8.38 8.51
Exceptional Items 0 0 0 0 0
Profit Before Tax -64.08 0.66 -52.08 4.97 -78.78
Tax 0 -1.51 0 0 0
Profit After Tax -64.08 2.17 -52.08 4.97 -78.78
Adjusted EPS (Rs) -2.45 0.08 -1.99 0.19 -3.02

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 1694.56 2107.51 2022.79 3901.13 3906.37
Total Expenditure 1791.48 2140.98 1940.78 3614.46 3873.92
Operating Profit -96.92 -33.47 82.01 286.67 32.45
Other Income 4.81 31.78 32.05 24.39 38.1
Interest 131.32 92.31 65.92 61.88 58.71
Depreciation 83.04 86 33.78 31.07 31.11
Exceptional Items -115.19 0 -11.63 0 0
Profit Before Tax -421.66 -180 2.73 218.11 -19.27
Tax -150.6 136.1 -110.05 -50.08 0
Net Profit -271.06 -316.1 112.78 268.19 -19.27
Adjusted EPS (Rs.) -15.22 -12.11 4.32 10.27 -0.74

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 178.11 261.11 261.11 261.11 261.11
Total Reserves 63.1 -38.66 71.98 338.07 315.81
Borrowings 222 306.5 232.85 145.47 358.35
Other N/C liabilities -117.45 40.93 -115.44 -154.02 -153.03
Current liabilities 1104.78 910.03 1083.44 1244.31 1483.61
Total Liabilities 1450.54 1479.91 1533.94 1834.94 2265.85
Assets
Net Block 759.25 702.89 687.61 697.37 781.75
Capital WIP 2.45 7.19 8.8 32.25 109.95
Intangible WIP 0 0 0 0 0
Investments 0 1 3 6 16.02
Loans & Advances 121.53 122.36 64.81 85.63 92.75
Other N/C Assets 14.86 16.37 21.41 0.51 1.88
Current Assets 552.45 630.1 748.31 1013.18 1263.5
Total Assets 1450.54 1479.91 1533.94 1834.94 2265.85
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -421.66 -180 2.73 218.11 -19.27
Adjustment 414.17 155.22 92.09 93.88 68.88
Changes in Assets & Liabilities -204.28 -94.24 70.81 -117.45 -112.02
Tax Paid 0.63 0.53 15.01 3.05 -3.39
Operating Cash Flow -211.14 -118.49 180.64 197.59 -65.8
Investing Cash Flow 17.14 38.67 -16.75 -48.56 -188.38
Financing Cash Flow 185.33 87.35 -173.97 -149.35 305.19
Net Cash Flow -8.67 7.53 -10.08 -0.32 51.01

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 74.84 74.84 74.84 74.84 74.84
aloke lohia - - - 0.04 0.04
aradhana lohia - - - 0.12 0.12
indorama netherlands b v - - - 38.56 38.56
om prakash lohia - - - 14.73 14.73
rimple lohia - - - 0.09 0.09
urmila lohia - - - 0.25 20.76
vishal lohia - - - 0.44 0.44
yashovardhan lohia - - - 0.10 0.10
brookgrange investments l... 20.51 20.51 20.51 20.51 -
indorama netherlands b.v.... 38.56 38.56 38.56 - -
mr. aloke lohia 0.04 0.04 0.04 - -
mr. om prakash lohia 14.73 14.73 14.73 - -
mr. vishal lohia 0.44 0.44 0.44 - -
mr. yashovardhan lohia 0.10 0.10 0.10 - -
mrs. rimple lohia 0.09 0.09 0.09 - -
mrs. urmila lohia 0.25 0.25 0.25 - -
ms. aradhna lohia 0.12 0.12 0.12 - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 25.16 25.16 25.16 25.16 25.16
edelweiss india special s... 1.15 1.15 1.15 1.15 1.06
investor education and pr... 0.13 0.13 - - 0.19
shruti lohia 4.99 4.99 4.99 4.99 4.89
siam stock holdings limit... 6.59 6.59 6.59 6.59 6.59
vivek kumar jain 1.50 1.50 1.50 - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Indo Rama Synthetics (India) informs about disclosure 15 Apr 2024, 5:18PM Indo Rama Synthetics (India) informs about disclosure14 Mar 2024, 10:01AM Indo Rama Synthetics (India) informs about disclosures29 Feb 2024, 4:53PM Indo Rama Synth - Quaterly Results8 Feb 2024, 5:16PM Indo Rama Synth - Quaterly Results8 Feb 2024, 5:16PM Indo Rama Synth - Quaterly Results8 Feb 2024, 5:16PM Indo Rama Synth - Quaterly Results7 Nov 2023, 4:51PM Indo Rama Synth - Quaterly Results7 Nov 2023, 4:51PM CCI approves acquisition of 20.51% stake of Indo Rama Synthetics by Aloke Lohia7 Nov 2023, 3:18PM Indo Rama Synth - Quaterly Results9 Aug 2023, 2:31PM Indo Rama Synth - Quaterly Results9 Aug 2023, 2:31PM Indo Rama Synth - Quaterly Results9 Aug 2023, 2:31PM Indo Rama Synthetics (India) informs about commencement of commercial production16 Jun 2023, 5:04PM Indo Rama Synthetics’ arm starts commercial production of ‘Bottle grade PET resins’3 Jun 2023, 5:00PM Indo Rama Synthetics (India) submits intimation of 37th AGM17 May 2023, 3:00PM Indo Rama Synth - Quaterly Results16 May 2023, 5:53PM Indo Rama Synth - Quaterly Results16 May 2023, 5:53PM Indo Rama Synthetics (India) submits board meeting intimation2 May 2023, 1:12PM Indo Rama Synthetics (India) informs about annual disclosure 26 Apr 2023, 1:08PM Indo Rama Synth - Quaterly Results10 Feb 2023, 3:39PM Indo Rama Synth - Quaterly Results10 Feb 2023, 3:39PM Indo Rama Synth - Quaterly Results10 Feb 2023, 3:39PM Indo Rama Synthetics (India) informs about disclosure 18 Jan 2023, 5:10PM Indo Rama Synthetics gets nod to incorporate Wholly Owned Subsidiaries19 Dec 2022, 9:40AM Indo Rama Synth - Quaterly Results1 Nov 2022, 3:38PM Indo Rama Synth - Quaterly Results1 Nov 2022, 3:38PM Indo Rama Synth - Quaterly Results1 Nov 2022, 3:38PM Indo Rama Synth - Quaterly Results6 Aug 2022, 3:26PM Indo Rama Synth - Quaterly Results6 Aug 2022, 3:26PM Indo Rama Synth - Quaterly Results6 Aug 2022, 3:26PM Indo Rama Synthetics (India) informs about trading window closure30 Jun 2022, 5:20PM lndo Rama Synthetics (India) informs about loss of share certificate16 May 2022, 5:00PM Indo Rama Synth - Quaterly Results28 Apr 2022, 3:48PM Indo Rama Synth - Quaterly Results28 Apr 2022, 3:48PM Indo Rama Synth - Quaterly Results28 Apr 2022, 3:48PM lndo Rama Synthetics (India) informs about compliance certificate5 Apr 2022, 4:23PM Indo Rama Synthetics (India) informs about loss of share certificate5 Mar 2022, 3:16PM Indo Rama Synthetics (India) submits newspaper publication25 Feb 2022, 5:19PM Indo Rama Synth - Quaterly Results10 Feb 2022, 4:20PM Indo Rama Synth - Quaterly Results10 Feb 2022, 4:20PM Indo Rama Synth - Quaterly Results10 Feb 2022, 4:20PM Indo Rama Synthetics (India) informs about outcome of board meeting19 May 2021, 5:16PM lndo Rama Synthetics (India) informs about newspaper publication21 Jan 2021, 3:53PM Indo Rama Synthetics India informs about certificate5 Jan 2021, 4:26PM Indo Rama Synthetics (India) informs about clarification on price movements11 Dec 2020, 3:04PM Indo Rama Synthetics (India) experiences information security incident18 Nov 2020, 2:46PM Indo Rama Synthetics (India) informs about newspaper publication16 Jun 2020, 12:40PM

Indo Rama Synth Stock Price Analysis and Quick Research Report. Is Indo Rama Synth an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Indo Rama Synth has a PE ratio of -9.61335528259676 which is low and comparatively undervalued .

  • Share Price: - The current share price of Indo Rama Synth is Rs 45.55. One can use valuation calculators of ticker to know if Indo Rama Synth share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Indo Rama Synth has ROA of -0.939818912941165 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Indo Rama Synth has a Current ratio of 0.85163890779922 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Indo Rama Synth has a ROE of -3.2769322336536 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Indo Rama Synth has a D/E ratio of 1.1507 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Indo Rama Synth has an Inventory turnover ratio of 7.41528176396789 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Indo Rama Synth has reported revenue growth of 0.134320055983772 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Indo Rama Synth for the current financial year is 0.830694481065537 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Indo Rama Synth is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Indo Rama Synth
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