Commercial Syn Bags Ltd.

•

comsyn.comBSE: 539986NSE: COMSYN

Market Cap₹ 1,210 Cr.

Current Price

High / Low₹ 315 / 136

Stock P/E40.7

Book Value₹ 46

Price to Book2.16

Dividend Yield0.00 %

ROCE12.7 %

ROE12.4 %

Face Value₹ 10

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ABOUT

KEY POINTS

Revenue Breakup Mar 2025 • Manufacturing: 99.2% • Trading: 0.8%

AI Sector View

AI GENERATED

Capital Goods

Buy

Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.

Confidence

72%

View full sector analysis →

PROS

Latest quarter profit grew 60.8% YoY, showing strong momentum
Company has consistently been profitable over the last 5 years
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.35x)
Company generates healthy free cash flow

CONS

Company has a low return on capital employed of 10.1%
Company has a low return on equity of 8.7% over last 3 years
Company has delivered a poor profit growth of 8.4% over past five years
Though reporting repeated profits, the company pays out little dividend (9.3%)
Growth is decelerating - 3Y profit CAGR (-2.2%) trails the 5Y trend (8.4%)

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Capital GoodsPlastic ProductsPlastic Products

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	SUPREMEIND	3367.00	41.43	42769.95	1.07	280.72	38.76	2717.66	4.16	21.49	17.33
2.	ASTRAL	1410.10	65.83	37882.36	0.28	120.20	51.77	1578.00	15.93	19.95	14.65
3.	GRWRHITECH	6928.55	41.50	16096.68	0.17	132.65	59.78	633.08	27.90	18.08	27.17
4.	SHAILY	3279.80	85.33	15085.52	0.09	48.01	16.75	280.67	13.77	29.46	29.59
5.	FINPIPE	153.55	15.48	9527.42	1.79	114.52	16.67	883.58	-15.30	12.73	12.09
6.	TIMETECHNO	180.90	18.23	8929.86	0.83	1178.60	1120.71	16927.10	1151.40	17.37	13.25
7.	KINGFA	6197.25	37.21	8398.13	0.00	80.21	101.58	688.57	49.06	30.70	16.12
8.	RESPONIND	173.35	45.62	4621.66	0.06	2.74	-94.51	192.87	-43.06	10.76	12.09
9.	POLYPLEX	1135.00	22.94	3563.04	0.26	171.07	386.02	2253.62	29.62	1.51	13.15
10.	NILKAMAL	2054.70	24.60	3066.13	0.97	24.40	59.20	819.73	-7.18	10.76	9.44
11.	XPROINDIA	1294.90	93.05	3039.18	0.15	7.63	239.10	174.42	20.37	4.00	9.08
12.	COMSYN	299.85	40.72	1209.57	0.00	8.93	60.84	109.13	20.57	12.66	14.37

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	79	68	71	70	77	87	86	98	91	98	97	101	109
	73	61	67	61	70	79	77	86	80	85	85	89	98
Operating Profit	7	7	4	9	7	8	9	11	11	13	12	12	11
OPM %	8.28%	10.86%	5.63%	12.55%	8.93%	9.07%	10.91%	11.65%	12.16%	13.20%	12.40%	11.83%	9.82%
	0	1	0	2	1	1	0	2	1	0	0	1	1
Interest	2	2	2	3	2	2	3	2	2	2	2	2	2
Depreciation	3	3	3	3	3	3	3	1	3	3	3	3	3
Profit before Tax	3	3	-0	5	2	4	4	11	7	9	7	8	12
Tax %	1.93%	27.02%	-30.00%	37.11%	19.17%	7.69%	16.19%	26.12%	15.53%	1.98%	18.37%	22.02%	22.39%
Net Profit	0	0	0	0	2	4	4	8	6	8	6	6	9
	0.64	0.58	-0.06	0.81	0.48	0.90	0.88	2.02	1.39	2.11	1.50	1.59	2.21

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	191	214	323	290	288	348	406
	167	189	289	267	264	312	358
Operating Profit	24	25	33	23	25	35	48
OPM %	12.38%	11.53%	10.27%	7.97%	8.63%	10.16%	11.76%
	2	2	4	2	5	4	3
Interest	4	4	7	6	8	9	9
Depreciation	7	8	9	10	11	9	11
Profit before Tax	14	15	21	9	11	21	36
Tax %	20.89%	17.41%	13.61%	14.50%	26.81%	20.05%	16.55%
Net Profit	11	12	18	8	8	17	30
EPS	0.00	10.14	14.64	2.08	1.97	4.29	—
Dividend Payout %	15.52%	19.72%	14.23%	0.00%	0.00%	9.33%	—

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: 13%
3 Years:: 3%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: 8%
3 Years:: -2%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: 93%

RETURN ON EQUITY

10 Years:: —
5 Years:: 12%
3 Years:: 9%
Last Year:: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	12	12	12	40	40	40
	57	67	90	81	89	106
	46	79	75	63	95	105
Trade Payables	6	12	16	15	17	19
	20	27	28	28	32	38
Total Liabilities	140	197	222	227	273	308
	58	87	94	99	108	100
Capital Work in Progress	14	0	0	13	0	2
	0	0	-0	-0	22	23
	30	57	59	58	72	81
	0	0	0	0	42	46
Cash & Bank	4	6	5	5	5	6
	33	46	63	53	23	50
Total Assets	140	197	222	227	273	308

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	31	-6	10	40	6	1
Cash from Investing	-17	-17	-7	-30	-29	-0
Cash from Financing	-10	28	-1	-8	23	0
	-0	2	-2	-1	0	1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	58.79	58.79	58.79	58.79	58.79	58.79	58.79	59.18	59.18
	0.00	0.00	0.00	0.00	0.24	0.11	0.00	0.17	0.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.09	0.06
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	41.21	41.21	41.21	41.21	40.97	41.11	41.21	40.55	40.76

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-09

General Updates

2026-09-09 - Commercial Syn Bags Limited has informed the Exchange about General Updates

2026-09-07

Copy of Newspaper Publication

2026-09-07 - Commercial Syn Bags Limited has informed the Exchange about Copy of Newspaper Publication

2026-09-07

Shareholders meeting

2026-09-07 - Commercial Syn Bags Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 2026

2026-09-05

General Updates

2026-09-05 - Commercial Syn Bags Limited has informed the Exchange about regarding Remote E-Voting Facilities for the 42nd AGM.

2026-09-05

General Updates

2026-09-05 - Commercial Syn Bags Limited has informed the Exchange about Dividend Updates

2026-09-05

Record Date

2026-09-05 - Commercial Syn Bags Limited has informed the Exchange that Record date for the purpose of Dividend is 22-Sep-2026.

2026-09-05

Change in Management

2026-09-05 - Commercial Syn Bags Limited has informed the Exchange about change in Management

2026-09-05

Dividend

2026-09-05 - Commercial Syn Bags Limited has informed the Exchange that Board of Directors at its meeting held on September 05, 2026, recommended Final Dividend of Rs. 0.5 per equity share and Fund Raising.

2026-09-01

General Updates

2026-09-01 - Commercial Syn Bags Limited has informed the Exchange about Corporate Action-Board to consider Dividend

News

Recent coverage and analyst commentary for COMSYN

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Commercial Syn Bags Ltd.

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Free 5nance Account

Name

SUPREMEIND

3367.00

41.43

42769.95

1.07

280.72

38.76

2717.66

4.16

21.49

17.33

ASTRAL

1410.10

65.83

37882.36

0.28

120.20

51.77

1578.00

15.93

19.95

14.65

GRWRHITECH

6928.55

41.50

16096.68

0.17

132.65

59.78

633.08

27.90

18.08

27.17

SHAILY

3279.80

85.33

15085.52

0.09

48.01

16.75

280.67

13.77

29.46

29.59

FINPIPE

153.55

15.48

9527.42

1.79

114.52

16.67

883.58

-15.30

12.73

12.09

TIMETECHNO

180.90

18.23

8929.86

0.83

1178.60

1120.71

16927.10

1151.40

17.37

13.25

KINGFA

6197.25

37.21

8398.13

0.00

80.21

101.58

688.57

49.06

30.70

16.12

RESPONIND

173.35

45.62

4621.66

0.06

2.74

-94.51

192.87

-43.06

10.76

12.09

POLYPLEX

1135.00

22.94

3563.04

0.26

171.07

386.02

2253.62

29.62

1.51

13.15

NILKAMAL

2054.70

24.60

3066.13

0.97

24.40

59.20

819.73

-7.18

10.76

9.44

XPROINDIA

1294.90

93.05

3039.18

0.15

7.63

239.10

174.42

20.37

4.00

9.08

COMSYN

299.85

40.72

1209.57

0.00

8.93

60.84

109.13

20.57

12.66

14.37

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

101

109

Operating Profit

OPM %

8.28%

10.86%

5.63%

12.55%

8.93%

9.07%

10.91%

11.65%

12.16%

13.20%

12.40%

11.83%

9.82%

Interest

Depreciation

Profit before Tax

-0

Tax %

1.93%

27.02%

-30.00%

37.11%

19.17%

7.69%

16.19%

26.12%

15.53%

1.98%

18.37%

22.02%

22.39%

Net Profit

0.64

0.58

-0.06

0.81

0.48

0.90

0.88

2.02

1.39

2.11

1.50

1.59

2.21

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

TTM

191

214

323

290

288

348

406

167

189

289

267

264

312

358

Operating Profit

OPM %

12.38%

11.53%

10.27%

7.97%

8.63%

10.16%

11.76%

Interest

Depreciation

Profit before Tax

Tax %

20.89%

17.41%

13.61%

14.50%

26.81%

20.05%

16.55%

Net Profit

EPS

0.00

10.14

14.64

2.08

1.97

4.29

—

Dividend Payout %

15.52%

19.72%

14.23%

0.00%

9.33%

—

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Equity Capital

106

105

Trade Payables

Total Liabilities

140

197

222

227

273

308

108

100

Capital Work in Progress

-0

Cash & Bank

Total Assets

140

197

222

227

273

308

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

-6

Cash from Investing

-17

-7

-30

-29

-0

Cash from Financing

-10

-1

-8

-0

-2

-1

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

58.79

59.18

0.00

0.24

0.11

0.00

0.17

0.00

0.09

0.06

Government

0.00

41.21

40.97

41.11

41.21

40.55

40.76

Commercial Syn Bags Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

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Commercial Syn Bags Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI