Banswara Syntex Ltd.
•₹ 122.11.46%
2026-08-21
PROS
- Latest quarter profit grew 436.9% 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 3.80x)
- Company generates healthy free cash flow
- Stock looks reasonably valued - P/E of 10.6 is below its historical median
- Company has a consistent dividend-paying track record
CONS
- A large part of profit comes from other income (35.6% of PBT)
- Company has a low return on equity of 5.4% over last 3 years
- Company has a low return on capital employed of 8.1%
- Receivables are growing faster than sales - a possible quality concern
- Interest coverage is weak at 2.0x - earnings barely cover interest
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | GANECOS | 1067.05 | 50.61 | 2859.27 | 0.33 | 29.04 | 169.99 | 423.67 | 25.67 | 10.99 | 14.09 |
| 2. | INDORAMA | 56.11 | 9.09 | 1465.11 | 0.00 | 63.74 | 20.83 | 936.64 | -28.27 | 17.84 | 10.84 |
| 3. | SUNRAKSHAK | 377.00 | 26.87 | 1168.95 | 0.00 | 15.04 | 130.71 | 276.33 | 120.64 | 22.15 | 8.18 |
| 4. | SARLAPOLY | 100.30 | 411.46 | 797.42 | 1.99 | 37.28 | 66.90 | 113.26 | 10.62 | -0.93 | 24.27 |
| 5. | BANSWRAS | 115.50 | 10.63 | 395.38 | 0.87 | 4.61 | 436.89 | 315.83 | 3.22 | 8.15 | 7.31 |
| 6. | PARASPETRO | 2.23 | 0.00 | 74.53 | 0.00 | 0.13 | -33.50 | 0.00 | — | 0.46 | — |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 302 | 316 | 302 | 343 | 271 | 343 | 339 | 340 | 306 | 345 | 340 | 366 | 316 | |
| 276 | 288 | 277 | 322 | 254 | 317 | 305 | 315 | 288 | 315 | 302 | 323 | 317 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 3 | 2 | 4 | 9 | 4 | 3 | 2 | 7 | 4 | 3 | 4 | 4 | 7 |
| Interest | 7 | 8 | 7 | 8 | 8 | 9 | 11 | 11 | 11 | 11 | 11 | 10 | 10 |
| Depreciation | 11 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 13 | 14 | 13 | 13 | 14 |
| 13 | 11 | 11 | 11 | 1 | 7 | 13 | 9 | -2 | 9 | 17 | 14 | 6 | |
| Tax % | 25.78% | 25.35% | 24.58% | 28.26% | 30.00% | 31.86% | 25.82% | 36.91% | 19.07% | 28.39% | 27.03% | 27.34% | 24.48% |
| Net Profit | 0 | 0 | 0 | 0 | 11 | 5 | 10 | 6 | -1 | 7 | 14 | 11 | 5 |
| 3 | 3 | 2 | 2 | 0 | 1 | 3 | 2 | -0 | 2 | 4 | 3 | 0 | |
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 302
- 276
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 7
- Depreciation
- 11
- 13
- Tax %
- 25.78%
- Net Profit
- 0
- 3
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 316
- 288
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 8
- Depreciation
- 11
- 11
- Tax %
- 25.35%
- Net Profit
- 0
- 3
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 302
- 277
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 7
- Depreciation
- 11
- 11
- Tax %
- 24.58%
- Net Profit
- 0
- 2
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 343
- 322
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 8
- Depreciation
- 11
- 11
- Tax %
- 28.26%
- Net Profit
- 0
- 2
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 271
- 254
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 8
- Depreciation
- 11
- 1
- Tax %
- 30.00%
- Net Profit
- 11
- 0
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 343
- 317
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 9
- Depreciation
- 12
- 7
- Tax %
- 31.86%
- Net Profit
- 5
- 1
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 339
- 305
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 11
- Depreciation
- 12
- 13
- Tax %
- 25.82%
- Net Profit
- 10
- 3
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 340
- 315
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 11
- Depreciation
- 12
- 9
- Tax %
- 36.91%
- Net Profit
- 6
- 2
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 306
- 288
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 11
- Depreciation
- 13
- -2
- Tax %
- 19.07%
- Net Profit
- -1
- -0
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 345
- 315
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 11
- Depreciation
- 14
- 9
- Tax %
- 28.39%
- Net Profit
- 7
- 2
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 340
- 302
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 11
- Depreciation
- 13
- 17
- Tax %
- 27.03%
- Net Profit
- 14
- 4
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 366
- 323
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 10
- Depreciation
- 13
- 14
- Tax %
- 27.34%
- Net Profit
- 11
- 3
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 316
- 317
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 10
- Depreciation
- 14
- 6
- Tax %
- 24.48%
- Net Profit
- 5
- 0
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,244 | 1,292 | 1,351 | 1,289 | 787 | 1,190 | 1,499 | 1,264 | 1,293 | 1,356 | 1,366 | |
| 1,111 | 1,181 | 1,231 | 1,145 | 711 | 1,073 | 1,302 | 1,163 | 1,192 | 1,229 | 1,257 | |
| Operating Profit | 147 | 127 | 134 | 157 | 92 | 139 | 212 | 119 | 117 | 142 | — |
| OPM % | 12 | 10 | 10 | 12 | 12 | 12 | 14 | 9 | 9 | 11 | — |
| Other Income | 14 | 16 | 14 | 13 | 16 | 21 | 15 | 18 | 16 | 15 | 17 |
| Interest | 63 | 59 | 56 | 49 | 33 | 25 | 32 | 30 | 40 | 43 | 42 |
| Depreciation | 58 | 58 | 55 | 51 | 46 | 42 | 41 | 43 | 48 | 53 | 54 |
| 25 | 11 | 20 | 57 | 17 | 71 | 141 | 47 | 31 | 42 | 46 | |
| Tax % | 25 | 27 | -24 | 7 | 15 | 36 | 20 | 25 | 29 | 25 | 27 |
| Net Profit | 19 | 8 | 24 | 53 | 15 | 46 | 113 | 36 | 22 | 31 | 34 |
| EPS | 0 | 0 | 0 | 31 | 8 | 13 | 33 | 10 | 6 | 9 | — |
| Dividend Payout % | 9 | 20 | 7 | 5 | 18 | 9 | 9 | 10 | 15 | 11 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 |
| Adjusted EPS | 6 | 2 | 7 | 16 | 4 | 13 | 33 | 10 | 6 | 9 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 |
| Adjusted EPS | 6 | 2 | 7 | 16 | 4 | 13 | 33 | 10 | 6 | 9 | — |
Mar 2017
- 1,244
- 1,111
- Operating Profit
- 147
- OPM %
- 12
- Other Income
- 14
- Interest
- 63
- Depreciation
- 58
- 25
- Tax %
- 25
- Net Profit
- 19
- EPS
- 0
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2018
- 1,292
- 1,181
- Operating Profit
- 127
- OPM %
- 10
- Other Income
- 16
- Interest
- 59
- Depreciation
- 58
- 11
- Tax %
- 27
- Net Profit
- 8
- EPS
- 0
- Dividend Payout %
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2019
- 1,351
- 1,231
- Operating Profit
- 134
- OPM %
- 10
- Other Income
- 14
- Interest
- 56
- Depreciation
- 55
- 20
- Tax %
- -24
- Net Profit
- 24
- EPS
- 0
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2020
- 1,289
- 1,145
- Operating Profit
- 157
- OPM %
- 12
- Other Income
- 13
- Interest
- 49
- Depreciation
- 51
- 57
- Tax %
- 7
- Net Profit
- 53
- EPS
- 31
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
Mar 2021
- 787
- 711
- Operating Profit
- 92
- OPM %
- 12
- Other Income
- 16
- Interest
- 33
- Depreciation
- 46
- 17
- Tax %
- 15
- Net Profit
- 15
- EPS
- 8
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2022
- 1,190
- 1,073
- Operating Profit
- 139
- OPM %
- 12
- Other Income
- 21
- Interest
- 25
- Depreciation
- 42
- 71
- Tax %
- 36
- Net Profit
- 46
- EPS
- 13
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2023
- 1,499
- 1,302
- Operating Profit
- 212
- OPM %
- 14
- Other Income
- 15
- Interest
- 32
- Depreciation
- 41
- 141
- Tax %
- 20
- Net Profit
- 113
- EPS
- 33
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
Mar 2024
- 1,264
- 1,163
- Operating Profit
- 119
- OPM %
- 9
- Other Income
- 18
- Interest
- 30
- Depreciation
- 43
- 47
- Tax %
- 25
- Net Profit
- 36
- EPS
- 10
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2025
- 1,293
- 1,192
- Operating Profit
- 117
- OPM %
- 9
- Other Income
- 16
- Interest
- 40
- Depreciation
- 48
- 31
- Tax %
- 29
- Net Profit
- 22
- EPS
- 6
- Dividend Payout %
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2026
- 1,356
- 1,229
- Operating Profit
- 142
- OPM %
- 11
- Other Income
- 15
- Interest
- 43
- Depreciation
- 53
- 42
- Tax %
- 25
- Net Profit
- 31
- EPS
- 9
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
TTM
- 1,366
- 1,257
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 42
- Depreciation
- 54
- 46
- Tax %
- 27
- Net Profit
- 34
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 4
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 4
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 1%
- 5 Years:
- 12%
- 3 Years:
- -3%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 1%
- 5 Years:
- 17%
- 3 Years:
- -35%
STOCK PRICE CAGR
- 10 Years:
- 4%
- 5 Years:
- 7%
- 3 Years:
- -8%
- 1 Year:
- -9%
RETURN ON EQUITY
- 10 Years:
- 9%
- 5 Years:
- 11%
- 3 Years:
- 5%
- Last Year:
- 5%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| 244 | 251 | 277 | 324 | 340 | 382 | 492 | 518 | 542 | 568 | |
| 352 | 344 | 316 | 203 | 81 | 149 | 233 | 149 | 182 | 203 | |
| Trade Payables | 146 | 172 | 133 | 104 | 101 | 107 | 89 | 80 | 84 | 80 |
| 308 | 306 | 260 | 238 | 238 | 227 | 238 | 306 | 371 | 404 | |
| Total Liabilities | 1,067 | 1,090 | 1,002 | 887 | 778 | 882 | 1,069 | 1,070 | 1,197 | 1,272 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 486 | 460 | 418 | 374 | 338 | 314 | 370 | 424 | 521 | 555 | |
| Capital Work in Progress | 4 | 5 | 0 | 1 | 0 | 29 | 22 | 20 | 20 | 30 |
| 2 | 3 | 3 | 3 | 3 | 3 | 6 | 8 | 10 | 14 | |
| 329 | 310 | 288 | 237 | 196 | 279 | 314 | 272 | 313 | 303 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 207 | 201 | 244 | |
| Cash & Bank | 15 | 13 | 18 | 13 | 14 | 27 | 37 | 28 | 14 | 9 |
| 231 | 299 | 276 | 259 | 226 | 229 | 319 | 111 | 118 | 117 | |
| Total Assets | 1,067 | 1,090 | 1,002 | 887 | 778 | 882 | 1,069 | 1,070 | 1,197 | 1,272 |
| Total Debt | 560 | 536 | 472 | 321 | 227 | 260 | 371 | 353 | 452 | 474 |
| Net Working Capital | 8 | 31 | 45 | 85 | 169 | 166 | 217 | 214 | 196 | 176 |
| Contingent Liabilities | 69 | 69 | 59 | 44 | 43 | 47 | 26 | 60 | 65 | 81 |
| Book Value per Share | 152.43 | 156.77 | 171.62 | 199.27 | 208.66 | 233.01 | 148.71 | 156.29 | 163.41 | 170.86 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Total Debt | 560 | 536 | 472 | 321 | 227 | 260 | 371 | 353 | 452 | 474 |
| Net Working Capital | 8 | 31 | 45 | 85 | 169 | 166 | 217 | 214 | 196 | 176 |
| Contingent Liabilities | 69 | 69 | 59 | 44 | 43 | 47 | 26 | 60 | 65 | 81 |
| Book Value per Share | 152.43 | 156.77 | 171.62 | 199.27 | 208.66 | 233.01 | 148.71 | 156.29 | 163.41 | 170.86 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 5.00 | 5.00 | 5.00 | 5.00 |
Mar 2017
- Equity Capital
- 17
- 244
- 352
- Trade Payables
- 146
- 308
- Total Liabilities
- 1,067
- 486
- Capital Work in Progress
- 4
- 2
- 329
- 0
- Cash & Bank
- 15
- 231
- Total Assets
- 1,067
- Total Debt
- 560
- Net Working Capital
- 8
- Contingent Liabilities
- 69
- Book Value per Share
- 152.43
- Face Value
- 10.00
- Total Debt
- 560
- Net Working Capital
- 8
- Contingent Liabilities
- 69
- Book Value per Share
- 152.43
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 17
- 251
- 344
- Trade Payables
- 172
- 306
- Total Liabilities
- 1,090
- 460
- Capital Work in Progress
- 5
- 3
- 310
- 0
- Cash & Bank
- 13
- 299
- Total Assets
- 1,090
- Total Debt
- 536
- Net Working Capital
- 31
- Contingent Liabilities
- 69
- Book Value per Share
- 156.77
- Face Value
- 10.00
- Total Debt
- 536
- Net Working Capital
- 31
- Contingent Liabilities
- 69
- Book Value per Share
- 156.77
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 17
- 277
- 316
- Trade Payables
- 133
- 260
- Total Liabilities
- 1,002
- 418
- Capital Work in Progress
- 0
- 3
- 288
- 0
- Cash & Bank
- 18
- 276
- Total Assets
- 1,002
- Total Debt
- 472
- Net Working Capital
- 45
- Contingent Liabilities
- 59
- Book Value per Share
- 171.62
- Face Value
- 10.00
- Total Debt
- 472
- Net Working Capital
- 45
- Contingent Liabilities
- 59
- Book Value per Share
- 171.62
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 17
- 324
- 203
- Trade Payables
- 104
- 238
- Total Liabilities
- 887
- 374
- Capital Work in Progress
- 1
- 3
- 237
- 0
- Cash & Bank
- 13
- 259
- Total Assets
- 887
- Total Debt
- 321
- Net Working Capital
- 85
- Contingent Liabilities
- 44
- Book Value per Share
- 199.27
- Face Value
- 10.00
- Total Debt
- 321
- Net Working Capital
- 85
- Contingent Liabilities
- 44
- Book Value per Share
- 199.27
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 17
- 340
- 81
- Trade Payables
- 101
- 238
- Total Liabilities
- 778
- 338
- Capital Work in Progress
- 0
- 3
- 196
- 0
- Cash & Bank
- 14
- 226
- Total Assets
- 778
- Total Debt
- 227
- Net Working Capital
- 169
- Contingent Liabilities
- 43
- Book Value per Share
- 208.66
- Face Value
- 10.00
- Total Debt
- 227
- Net Working Capital
- 169
- Contingent Liabilities
- 43
- Book Value per Share
- 208.66
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 17
- 382
- 149
- Trade Payables
- 107
- 227
- Total Liabilities
- 882
- 314
- Capital Work in Progress
- 29
- 3
- 279
- 0
- Cash & Bank
- 27
- 229
- Total Assets
- 882
- Total Debt
- 260
- Net Working Capital
- 166
- Contingent Liabilities
- 47
- Book Value per Share
- 233.01
- Face Value
- 10.00
- Total Debt
- 260
- Net Working Capital
- 166
- Contingent Liabilities
- 47
- Book Value per Share
- 233.01
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 17
- 492
- 233
- Trade Payables
- 89
- 238
- Total Liabilities
- 1,069
- 370
- Capital Work in Progress
- 22
- 6
- 314
- 0
- Cash & Bank
- 37
- 319
- Total Assets
- 1,069
- Total Debt
- 371
- Net Working Capital
- 217
- Contingent Liabilities
- 26
- Book Value per Share
- 148.71
- Face Value
- 5.00
- Total Debt
- 371
- Net Working Capital
- 217
- Contingent Liabilities
- 26
- Book Value per Share
- 148.71
- Face Value
- 5.00
Mar 2024
- Equity Capital
- 17
- 518
- 149
- Trade Payables
- 80
- 306
- Total Liabilities
- 1,070
- 424
- Capital Work in Progress
- 20
- 8
- 272
- 207
- Cash & Bank
- 28
- 111
- Total Assets
- 1,070
- Total Debt
- 353
- Net Working Capital
- 214
- Contingent Liabilities
- 60
- Book Value per Share
- 156.29
- Face Value
- 5.00
- Total Debt
- 353
- Net Working Capital
- 214
- Contingent Liabilities
- 60
- Book Value per Share
- 156.29
- Face Value
- 5.00
Mar 2025
- Equity Capital
- 17
- 542
- 182
- Trade Payables
- 84
- 371
- Total Liabilities
- 1,197
- 521
- Capital Work in Progress
- 20
- 10
- 313
- 201
- Cash & Bank
- 14
- 118
- Total Assets
- 1,197
- Total Debt
- 452
- Net Working Capital
- 196
- Contingent Liabilities
- 65
- Book Value per Share
- 163.41
- Face Value
- 5.00
- Total Debt
- 452
- Net Working Capital
- 196
- Contingent Liabilities
- 65
- Book Value per Share
- 163.41
- Face Value
- 5.00
Mar 2026
- Equity Capital
- 17
- 568
- 203
- Trade Payables
- 80
- 404
- Total Liabilities
- 1,272
- 555
- Capital Work in Progress
- 30
- 14
- 303
- 244
- Cash & Bank
- 9
- 117
- Total Assets
- 1,272
- Total Debt
- 474
- Net Working Capital
- 176
- Contingent Liabilities
- 81
- Book Value per Share
- 170.86
- Face Value
- 5.00
- Total Debt
- 474
- Net Working Capital
- 176
- Contingent Liabilities
- 81
- Book Value per Share
- 170.86
- Face Value
- 5.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 140 | 106 | 137 | 208 | 132 | 54 | 20 | 142 | 77 | 118 | |
| Cash from Investing | -61 | -25 | -10 | -7 | -3 | -48 | -99 | -90 | -137 | -95 |
| Cash from Financing | -82 | -85 | -123 | -206 | -126 | 5 | 75 | -58 | 55 | -25 |
| -2 | -4 | 4 | -5 | 4 | 11 | -4 | -6 | -5 | -2 | |
| Free Cash Flow | 140 | 73 | 133 | 203 | 126 | 33 | -65 | 52 | -58 | 23 |
| OCF / Net Profit | 7.39 | 13.37 | 5.68 | 3.91 | 9.13 | 1.19 | 0.18 | 4.01 | 3.49 | 3.78 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 675 | 569 | 431 | 350 | 89 | -14 |
| OCF / Net Profit | 7.39 | 13.37 | 5.68 | 3.91 | 9.13 | 1.19 | 0.18 | 4.01 | 3.49 | 3.78 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 675 | 569 | 431 | 350 | 89 | -14 |
Mar 2017
- 140
- Cash from Investing
- -61
- Cash from Financing
- -82
- -2
- Free Cash Flow
- 140
- OCF / Net Profit
- 7.39
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 7.39
- Cumulative 5-Year FCF
- 0
Mar 2018
- 106
- Cash from Investing
- -25
- Cash from Financing
- -85
- -4
- Free Cash Flow
- 73
- OCF / Net Profit
- 13.37
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 13.37
- Cumulative 5-Year FCF
- 0
Mar 2019
- 137
- Cash from Investing
- -10
- Cash from Financing
- -123
- 4
- Free Cash Flow
- 133
- OCF / Net Profit
- 5.68
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.68
- Cumulative 5-Year FCF
- 0
Mar 2020
- 208
- Cash from Investing
- -7
- Cash from Financing
- -206
- -5
- Free Cash Flow
- 203
- OCF / Net Profit
- 3.91
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.91
- Cumulative 5-Year FCF
- 0
Mar 2021
- 132
- Cash from Investing
- -3
- Cash from Financing
- -126
- 4
- Free Cash Flow
- 126
- OCF / Net Profit
- 9.13
- Cumulative 5-Year FCF
- 675
- OCF / Net Profit
- 9.13
- Cumulative 5-Year FCF
- 675
Mar 2022
- 54
- Cash from Investing
- -48
- Cash from Financing
- 5
- 11
- Free Cash Flow
- 33
- OCF / Net Profit
- 1.19
- Cumulative 5-Year FCF
- 569
- OCF / Net Profit
- 1.19
- Cumulative 5-Year FCF
- 569
Mar 2023
- 20
- Cash from Investing
- -99
- Cash from Financing
- 75
- -4
- Free Cash Flow
- -65
- OCF / Net Profit
- 0.18
- Cumulative 5-Year FCF
- 431
- OCF / Net Profit
- 0.18
- Cumulative 5-Year FCF
- 431
Mar 2024
- 142
- Cash from Investing
- -90
- Cash from Financing
- -58
- -6
- Free Cash Flow
- 52
- OCF / Net Profit
- 4.01
- Cumulative 5-Year FCF
- 350
- OCF / Net Profit
- 4.01
- Cumulative 5-Year FCF
- 350
Mar 2025
- 77
- Cash from Investing
- -137
- Cash from Financing
- 55
- -5
- Free Cash Flow
- -58
- OCF / Net Profit
- 3.49
- Cumulative 5-Year FCF
- 89
- OCF / Net Profit
- 3.49
- Cumulative 5-Year FCF
- 89
Mar 2026
- 118
- Cash from Investing
- -95
- Cash from Financing
- -25
- -2
- Free Cash Flow
- 23
- OCF / Net Profit
- 3.78
- Cumulative 5-Year FCF
- -14
- OCF / Net Profit
- 3.78
- Cumulative 5-Year FCF
- -14
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 11.17 | 4.91 | 14.23 | 31.13 | 8.48 | 26.65 | 32.93 | 10.38 | 6.47 | 9.11 |
| Book Value (₹) | 152.43 | 156.77 | 171.62 | 199.27 | 208.66 | 233.01 | 148.71 | 156.29 | 163.41 | 170.86 |
| Dividend per Share (₹) | 1.00 | 1.00 | 1.00 | 1.50 | 1.50 | 2.50 | 3.00 | 1.00 | 1.00 | 1.00 |
| Cash EPS (₹) | 22.38 | 19.37 | 23.09 | 30.52 | 17.82 | 25.56 | 44.85 | 23.06 | 20.47 | 24.65 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 11.73% | 9.82% | 9.89% | 12.17% | 11.69% | 11.64% | 14.14% | 7.96% | 7.76% | 9.39% |
| Net Margin % | 1.51% | 0.61% | 1.79% | 4.13% | 1.84% | 3.83% | 7.52% | 2.81% | 1.71% | 2.30% |
| ROE % | 7.46% | 2.99% | 8.60% | 16.79% | 4.16% | 12.07% | 24.84% | 6.81% | 4.05% | 5.45% |
| ROCE % | 10.85% | 8.61% | 9.67% | 14.88% | 7.96% | 15.40% | 22.49% | 8.71% | 7.45% | 8.15% |
| 1.79% | 0.73% | 2.31% | 5.64% | 1.74% | 5.50% | 11.56% | 3.32% | 1.95% | 2.53% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 47 | 48 | 47 | 43 | 59 | 37 | 41 | 61 | 58 | 60 |
| Inventory Days | 90 | 90 | 81 | 74 | 101 | 73 | 72 | 85 | 83 | 83 |
| Payable Days | 92 | 102 | 89 | 77 | 109 | 79 | 61 | 59 | 59 | 56 |
| 45 | 36 | 38 | 40 | 51 | 30 | 53 | 86 | 81 | 86 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 2.15x | 2.00x | 1.61x | 0.94x | 0.64x | 0.65x | 0.73x | 0.66x | 0.81x | 0.81x |
| Interest Coverage (x) | 1.40x | 1.18x | 1.35x | 2.18x | 1.52x | 3.86x | 5.45x | 2.60x | 1.79x | 1.98x |
| 1.01x | 1.05x | 1.09x | 1.21x | 1.75x | 1.49x | 1.53x | 1.60x | 1.49x | 1.39x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -2.04% | 3.83% | 4.56% | -4.55% | -39.00% | 51.25% | 25.97% | -15.67% | 2.27% | 4.93% |
| Operating Profit Growth % | -15.69% | -13.66% | 5.29% | 17.40% | -41.36% | 50.58% | 52.89% | -44.00% | -1.57% | 21.88% |
| Net Profit Growth % | -30.22% | -58.31% | 205.32% | 120.46% | -72.77% | 230.28% | 147.13% | -68.48% | -37.66% | 40.82% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -68.48% | -37.66% | 40.82% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 13.91x | 18.82x | 10.51x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.92x | 0.75x | 0.56x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.69% | 0.82% | 1.04% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 6.90x | 7.32x | 5.56x |
Mar 2017
- EPS (₹)
- 11.17
- Book Value (₹)
- 152.43
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 22.38
- Operating Margin %
- 11.73%
- Net Margin %
- 1.51%
- ROE %
- 7.46%
- ROCE %
- 10.85%
- 1.79%
- Debtor Days
- 47
- Inventory Days
- 90
- Payable Days
- 92
- 45
- Debt to Equity (x)
- 2.15x
- Interest Coverage (x)
- 1.40x
- 1.01x
- Revenue Growth %
- -2.04%
- Operating Profit Growth %
- -15.69%
- Net Profit Growth %
- -30.22%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 4.91
- Book Value (₹)
- 156.77
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 19.37
- Operating Margin %
- 9.82%
- Net Margin %
- 0.61%
- ROE %
- 2.99%
- ROCE %
- 8.61%
- 0.73%
- Debtor Days
- 48
- Inventory Days
- 90
- Payable Days
- 102
- 36
- Debt to Equity (x)
- 2.00x
- Interest Coverage (x)
- 1.18x
- 1.05x
- Revenue Growth %
- 3.83%
- Operating Profit Growth %
- -13.66%
- Net Profit Growth %
- -58.31%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 14.23
- Book Value (₹)
- 171.62
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 23.09
- Operating Margin %
- 9.89%
- Net Margin %
- 1.79%
- ROE %
- 8.60%
- ROCE %
- 9.67%
- 2.31%
- Debtor Days
- 47
- Inventory Days
- 81
- Payable Days
- 89
- 38
- Debt to Equity (x)
- 1.61x
- Interest Coverage (x)
- 1.35x
- 1.09x
- Revenue Growth %
- 4.56%
- Operating Profit Growth %
- 5.29%
- Net Profit Growth %
- 205.32%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 31.13
- Book Value (₹)
- 199.27
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 30.52
- Operating Margin %
- 12.17%
- Net Margin %
- 4.13%
- ROE %
- 16.79%
- ROCE %
- 14.88%
- 5.64%
- Debtor Days
- 43
- Inventory Days
- 74
- Payable Days
- 77
- 40
- Debt to Equity (x)
- 0.94x
- Interest Coverage (x)
- 2.18x
- 1.21x
- Revenue Growth %
- -4.55%
- Operating Profit Growth %
- 17.40%
- Net Profit Growth %
- 120.46%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 8.48
- Book Value (₹)
- 208.66
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 17.82
- Operating Margin %
- 11.69%
- Net Margin %
- 1.84%
- ROE %
- 4.16%
- ROCE %
- 7.96%
- 1.74%
- Debtor Days
- 59
- Inventory Days
- 101
- Payable Days
- 109
- 51
- Debt to Equity (x)
- 0.64x
- Interest Coverage (x)
- 1.52x
- 1.75x
- Revenue Growth %
- -39.00%
- Operating Profit Growth %
- -41.36%
- Net Profit Growth %
- -72.77%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 26.65
- Book Value (₹)
- 233.01
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 25.56
- Operating Margin %
- 11.64%
- Net Margin %
- 3.83%
- ROE %
- 12.07%
- ROCE %
- 15.40%
- 5.50%
- Debtor Days
- 37
- Inventory Days
- 73
- Payable Days
- 79
- 30
- Debt to Equity (x)
- 0.65x
- Interest Coverage (x)
- 3.86x
- 1.49x
- Revenue Growth %
- 51.25%
- Operating Profit Growth %
- 50.58%
- Net Profit Growth %
- 230.28%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 32.93
- Book Value (₹)
- 148.71
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 44.85
- Operating Margin %
- 14.14%
- Net Margin %
- 7.52%
- ROE %
- 24.84%
- ROCE %
- 22.49%
- 11.56%
- Debtor Days
- 41
- Inventory Days
- 72
- Payable Days
- 61
- 53
- Debt to Equity (x)
- 0.73x
- Interest Coverage (x)
- 5.45x
- 1.53x
- Revenue Growth %
- 25.97%
- Operating Profit Growth %
- 52.89%
- Net Profit Growth %
- 147.13%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 10.38
- Book Value (₹)
- 156.29
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 23.06
- Operating Margin %
- 7.96%
- Net Margin %
- 2.81%
- ROE %
- 6.81%
- ROCE %
- 8.71%
- 3.32%
- Debtor Days
- 61
- Inventory Days
- 85
- Payable Days
- 59
- 86
- Debt to Equity (x)
- 0.66x
- Interest Coverage (x)
- 2.60x
- 1.60x
- Revenue Growth %
- -15.67%
- Operating Profit Growth %
- -44.00%
- Net Profit Growth %
- -68.48%
- -68.48%
- P/E (x)
- 13.91x
- P/B (x)
- 0.92x
- Dividend Yield %
- 0.69%
- 6.90x
Mar 2025
- EPS (₹)
- 6.47
- Book Value (₹)
- 163.41
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 20.47
- Operating Margin %
- 7.76%
- Net Margin %
- 1.71%
- ROE %
- 4.05%
- ROCE %
- 7.45%
- 1.95%
- Debtor Days
- 58
- Inventory Days
- 83
- Payable Days
- 59
- 81
- Debt to Equity (x)
- 0.81x
- Interest Coverage (x)
- 1.79x
- 1.49x
- Revenue Growth %
- 2.27%
- Operating Profit Growth %
- -1.57%
- Net Profit Growth %
- -37.66%
- -37.66%
- P/E (x)
- 18.82x
- P/B (x)
- 0.75x
- Dividend Yield %
- 0.82%
- 7.32x
Mar 2026
- EPS (₹)
- 9.11
- Book Value (₹)
- 170.86
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 24.65
- Operating Margin %
- 9.39%
- Net Margin %
- 2.30%
- ROE %
- 5.45%
- ROCE %
- 8.15%
- 2.53%
- Debtor Days
- 60
- Inventory Days
- 83
- Payable Days
- 56
- 86
- Debt to Equity (x)
- 0.81x
- Interest Coverage (x)
- 1.98x
- 1.39x
- Revenue Growth %
- 4.93%
- Operating Profit Growth %
- 21.88%
- Net Profit Growth %
- 40.82%
- 40.82%
- P/E (x)
- 10.51x
- P/B (x)
- 0.56x
- Dividend Yield %
- 1.04%
- 5.56x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-07 - Banswara Syntex Limited has informed the Exchange about Transcript
- Cessation
2026-08-06 - Banswara Syntex Limited has informed the Exchange regarding Cessation of Ms Monika Bohara as Company Secretary & Compliance Officer of the company w.e.f. August 06, 2026 due to unilateral withdrawal of consent/non-joining as Company Secretary and Compliance Officer (KMP).
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
May 2026
Feb 2026