Banswara Syntex Ltd.
•₹ 122.11.46%
2026-08-21
PROS
- Latest quarter profit grew 412.6% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 4.06x)
- Company generates healthy free cash flow
- Company has a consistent dividend-paying track record
- Stock looks reasonably valued - P/E of 11.5 is below its historical median
CONS
- A large part of profit comes from other income (38.3% of PBT)
- Company has a low return on equity of 5.2% over last 3 years
- Company has a low return on capital employed of 8.0%
- Receivables are growing faster than sales - a possible quality concern
- Interest coverage is weak at 1.9x - 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
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 303 | 316 | 302 | 343 | 271 | 343 | 339 | 340 | 306 | 345 | 340 | 366 | 316 | |
| 276 | 288 | 276 | 321 | 254 | 317 | 305 | 315 | 288 | 314 | 301 | 323 | 316 | |
| 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 | 12 | 11 | 12 | 1 | 7 | 14 | 8 | -2 | 10 | 18 | 13 | 6 | |
| Tax % | 25.71% | 25.32% | 24.67% | 28.21% | 28.15% | 28.29% | 24.96% | 33.29% | 24.19% | 26.42% | 26.09% | 28.52% | 25.33% |
| Net Profit | 10 | 9 | 9 | 8 | 1 | 5 | 10 | 5 | -1 | 7 | 13 | 10 | 4 |
| 3 | 3 | 2 | 2 | 0 | 2 | 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
- 303
- 276
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 7
- Depreciation
- 11
- 13
- Tax %
- 25.71%
- Net Profit
- 10
- 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
- 12
- Tax %
- 25.32%
- Net Profit
- 9
- 3
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 302
- 276
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 7
- Depreciation
- 11
- 11
- Tax %
- 24.67%
- Net Profit
- 9
- 2
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 343
- 321
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 8
- Depreciation
- 11
- 12
- Tax %
- 28.21%
- Net Profit
- 8
- 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 %
- 28.15%
- Net Profit
- 1
- 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 %
- 28.29%
- Net Profit
- 5
- 2
- 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
- 14
- Tax %
- 24.96%
- 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
- 8
- Tax %
- 33.29%
- Net Profit
- 5
- 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 %
- 24.19%
- 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
- 314
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 11
- Depreciation
- 14
- 10
- Tax %
- 26.42%
- 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
- 301
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 11
- Depreciation
- 13
- 18
- Tax %
- 26.09%
- Net Profit
- 13
- 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
- 13
- Tax %
- 28.52%
- Net Profit
- 10
- 3
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 316
- 316
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 10
- Depreciation
- 14
- 6
- Tax %
- 25.33%
- Net Profit
- 4
- 0
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 1,292 | 1,356 | 1,366 | |
| 1,111 | 1,181 | 1,231 | 1,145 | 711 | 1,073 | 1,301 | 1,162 | 1,191 | 1,227 | 1,255 | |
| Operating Profit | 147 | 127 | 134 | 157 | 92 | 139 | 213 | 121 | 117 | 144 | — |
| OPM % | 12 | 10 | 10 | 12 | 12 | 12 | 14 | 10 | 9 | 11 | — |
| Other Income | 14 | 16 | 14 | 13 | 16 | 21 | 15 | 18 | 17 | 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 | 58 | 16 | 72 | 140 | 48 | 30 | 39 | 47 | |
| Tax % | 25 | 27 | -24 | 7 | 15 | 35 | 21 | 26 | 28 | 27 | 27 |
| Net Profit | 19 | 8 | 24 | 53 | 14 | 47 | 111 | 35 | 21 | 28 | 34 |
| EPS | 0 | 0 | 0 | 31 | 8 | 14 | 33 | 10 | 6 | 8 | — |
| Dividend Payout % | 9 | 22 | 7 | 5 | 18 | 9 | 9 | 10 | 16 | 12 | — |
| 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 | 0 |
| Adjusted EPS | 6 | 2 | 7 | 16 | 4 | 14 | 33 | 10 | 6 | 8 | — |
| 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 | 0 |
| Adjusted EPS | 6 | 2 | 7 | 16 | 4 | 14 | 33 | 10 | 6 | 8 | — |
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 %
- 22
- 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
- 58
- 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
- 16
- Tax %
- 15
- Net Profit
- 14
- 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
- 72
- Tax %
- 35
- Net Profit
- 47
- EPS
- 14
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
Mar 2023
- 1,499
- 1,301
- Operating Profit
- 213
- OPM %
- 14
- Other Income
- 15
- Interest
- 32
- Depreciation
- 41
- 140
- Tax %
- 21
- Net Profit
- 111
- 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
- 1,162
- Operating Profit
- 121
- OPM %
- 10
- Other Income
- 18
- Interest
- 30
- Depreciation
- 43
- 48
- Tax %
- 26
- Net Profit
- 35
- 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
- 1,292
- 1,191
- Operating Profit
- 117
- OPM %
- 9
- Other Income
- 17
- Interest
- 40
- Depreciation
- 48
- 30
- Tax %
- 28
- Net Profit
- 21
- EPS
- 6
- Dividend Payout %
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2026
- 1,356
- 1,227
- Operating Profit
- 144
- OPM %
- 11
- Other Income
- 15
- Interest
- 43
- Depreciation
- 53
- 39
- Tax %
- 27
- Net Profit
- 28
- EPS
- 8
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
TTM
- 1,366
- 1,255
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 42
- Depreciation
- 54
- 47
- Tax %
- 27
- Net Profit
- 34
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 1%
- 5 Years:
- 12%
- 3 Years:
- -3%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 0%
- 5 Years:
- 15%
- 3 Years:
- -37%
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
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 245 | 252 | 277 | 325 | 340 | 383 | 492 | 518 | 541 | 564 | |
| 352 | 344 | 316 | 203 | 81 | 149 | 233 | 149 | 182 | 203 | |
| Trade Payables | 146 | 172 | 133 | 104 | 101 | 107 | 88 | 80 | 84 | 80 |
| 308 | 306 | 260 | 238 | 238 | 227 | 238 | 307 | 371 | 404 | |
| Total Liabilities | 1,069 | 1,091 | 1,003 | 888 | 778 | 884 | 1,068 | 1,070 | 1,195 | 1,268 |
| 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 |
| 4 | 4 | 4 | 4 | 3 | 5 | 6 | 10 | 10 | 12 | |
| 329 | 310 | 288 | 237 | 196 | 279 | 314 | 271 | 313 | 303 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 207 | 202 | 244 | |
| Cash & Bank | 15 | 13 | 18 | 13 | 14 | 27 | 37 | 28 | 13 | 8 |
| 231 | 299 | 276 | 259 | 226 | 229 | 320 | 110 | 117 | 116 | |
| Total Assets | 1,069 | 1,091 | 1,003 | 888 | 778 | 884 | 1,068 | 1,070 | 1,195 | 1,268 |
| Total Debt | 560 | 536 | 472 | 321 | 227 | 260 | 371 | 353 | 452 | 474 |
| Net Working Capital | 8 | 31 | 45 | 85 | 169 | 166 | 217 | 213 | 194 | 174 |
| Contingent Liabilities | 69 | 69 | 59 | 44 | 43 | 47 | 26 | 60 | 65 | 81 |
| Book Value per Share | 153.28 | 157.31 | 172.03 | 199.73 | 208.79 | 233.78 | 148.71 | 156.20 | 163.11 | 169.74 |
| 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 | 213 | 194 | 174 |
| Contingent Liabilities | 69 | 69 | 59 | 44 | 43 | 47 | 26 | 60 | 65 | 81 |
| Book Value per Share | 153.28 | 157.31 | 172.03 | 199.73 | 208.79 | 233.78 | 148.71 | 156.20 | 163.11 | 169.74 |
| 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
- 245
- 352
- Trade Payables
- 146
- 308
- Total Liabilities
- 1,069
- 486
- Capital Work in Progress
- 4
- 4
- 329
- 0
- Cash & Bank
- 15
- 231
- Total Assets
- 1,069
- Total Debt
- 560
- Net Working Capital
- 8
- Contingent Liabilities
- 69
- Book Value per Share
- 153.28
- Face Value
- 10.00
- Total Debt
- 560
- Net Working Capital
- 8
- Contingent Liabilities
- 69
- Book Value per Share
- 153.28
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 17
- 252
- 344
- Trade Payables
- 172
- 306
- Total Liabilities
- 1,091
- 460
- Capital Work in Progress
- 5
- 4
- 310
- 0
- Cash & Bank
- 13
- 299
- Total Assets
- 1,091
- Total Debt
- 536
- Net Working Capital
- 31
- Contingent Liabilities
- 69
- Book Value per Share
- 157.31
- Face Value
- 10.00
- Total Debt
- 536
- Net Working Capital
- 31
- Contingent Liabilities
- 69
- Book Value per Share
- 157.31
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 17
- 277
- 316
- Trade Payables
- 133
- 260
- Total Liabilities
- 1,003
- 418
- Capital Work in Progress
- 0
- 4
- 288
- 0
- Cash & Bank
- 18
- 276
- Total Assets
- 1,003
- Total Debt
- 472
- Net Working Capital
- 45
- Contingent Liabilities
- 59
- Book Value per Share
- 172.03
- Face Value
- 10.00
- Total Debt
- 472
- Net Working Capital
- 45
- Contingent Liabilities
- 59
- Book Value per Share
- 172.03
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 17
- 325
- 203
- Trade Payables
- 104
- 238
- Total Liabilities
- 888
- 374
- Capital Work in Progress
- 1
- 4
- 237
- 0
- Cash & Bank
- 13
- 259
- Total Assets
- 888
- Total Debt
- 321
- Net Working Capital
- 85
- Contingent Liabilities
- 44
- Book Value per Share
- 199.73
- Face Value
- 10.00
- Total Debt
- 321
- Net Working Capital
- 85
- Contingent Liabilities
- 44
- Book Value per Share
- 199.73
- 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
- 208.79
- Face Value
- 10.00
- Total Debt
- 227
- Net Working Capital
- 169
- Contingent Liabilities
- 43
- Book Value per Share
- 208.79
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 17
- 383
- 149
- Trade Payables
- 107
- 227
- Total Liabilities
- 884
- 314
- Capital Work in Progress
- 29
- 5
- 279
- 0
- Cash & Bank
- 27
- 229
- Total Assets
- 884
- Total Debt
- 260
- Net Working Capital
- 166
- Contingent Liabilities
- 47
- Book Value per Share
- 233.78
- Face Value
- 10.00
- Total Debt
- 260
- Net Working Capital
- 166
- Contingent Liabilities
- 47
- Book Value per Share
- 233.78
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 17
- 492
- 233
- Trade Payables
- 88
- 238
- Total Liabilities
- 1,068
- 370
- Capital Work in Progress
- 22
- 6
- 314
- 0
- Cash & Bank
- 37
- 320
- Total Assets
- 1,068
- 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
- 307
- Total Liabilities
- 1,070
- 424
- Capital Work in Progress
- 20
- 10
- 271
- 207
- Cash & Bank
- 28
- 110
- Total Assets
- 1,070
- Total Debt
- 353
- Net Working Capital
- 213
- Contingent Liabilities
- 60
- Book Value per Share
- 156.20
- Face Value
- 5.00
- Total Debt
- 353
- Net Working Capital
- 213
- Contingent Liabilities
- 60
- Book Value per Share
- 156.20
- Face Value
- 5.00
Mar 2025
- Equity Capital
- 17
- 541
- 182
- Trade Payables
- 84
- 371
- Total Liabilities
- 1,195
- 521
- Capital Work in Progress
- 20
- 10
- 313
- 202
- Cash & Bank
- 13
- 117
- Total Assets
- 1,195
- Total Debt
- 452
- Net Working Capital
- 194
- Contingent Liabilities
- 65
- Book Value per Share
- 163.11
- Face Value
- 5.00
- Total Debt
- 452
- Net Working Capital
- 194
- Contingent Liabilities
- 65
- Book Value per Share
- 163.11
- Face Value
- 5.00
Mar 2026
- Equity Capital
- 17
- 564
- 203
- Trade Payables
- 80
- 404
- Total Liabilities
- 1,268
- 555
- Capital Work in Progress
- 30
- 12
- 303
- 244
- Cash & Bank
- 8
- 116
- Total Assets
- 1,268
- Total Debt
- 474
- Net Working Capital
- 174
- Contingent Liabilities
- 81
- Book Value per Share
- 169.74
- Face Value
- 5.00
- Total Debt
- 474
- Net Working Capital
- 174
- Contingent Liabilities
- 81
- Book Value per Share
- 169.74
- Face Value
- 5.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 140 | 106 | 137 | 205 | 132 | 54 | 20 | 145 | 79 | 121 | |
| Cash from Investing | -61 | -25 | -10 | -4 | -3 | -48 | -100 | -93 | -139 | -99 |
| Cash from Financing | -82 | -85 | -123 | -206 | -126 | 5 | 75 | -58 | 55 | -25 |
| -2 | -4 | 4 | -5 | 4 | 11 | -4 | -7 | -5 | -3 | |
| Free Cash Flow | 140 | 73 | 133 | 200 | 126 | 33 | -64 | 55 | -56 | 25 |
| OCF / Net Profit | 7.39 | 13.37 | 5.69 | 3.85 | 9.51 | 1.16 | 0.18 | 4.12 | 3.70 | 4.25 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 672 | 566 | 428 | 350 | 94 | -7 |
| OCF / Net Profit | 7.39 | 13.37 | 5.69 | 3.85 | 9.51 | 1.16 | 0.18 | 4.12 | 3.70 | 4.25 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 672 | 566 | 428 | 350 | 94 | -7 |
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
- 5.69
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.69
- Cumulative 5-Year FCF
- 0
Mar 2020
- 205
- Cash from Investing
- -4
- Cash from Financing
- -206
- -5
- Free Cash Flow
- 200
- OCF / Net Profit
- 3.85
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.85
- Cumulative 5-Year FCF
- 0
Mar 2021
- 132
- Cash from Investing
- -3
- Cash from Financing
- -126
- 4
- Free Cash Flow
- 126
- OCF / Net Profit
- 9.51
- Cumulative 5-Year FCF
- 672
- OCF / Net Profit
- 9.51
- Cumulative 5-Year FCF
- 672
Mar 2022
- 54
- Cash from Investing
- -48
- Cash from Financing
- 5
- 11
- Free Cash Flow
- 33
- OCF / Net Profit
- 1.16
- Cumulative 5-Year FCF
- 566
- OCF / Net Profit
- 1.16
- Cumulative 5-Year FCF
- 566
Mar 2023
- 20
- Cash from Investing
- -100
- Cash from Financing
- 75
- -4
- Free Cash Flow
- -64
- OCF / Net Profit
- 0.18
- Cumulative 5-Year FCF
- 428
- OCF / Net Profit
- 0.18
- Cumulative 5-Year FCF
- 428
Mar 2024
- 145
- Cash from Investing
- -93
- Cash from Financing
- -58
- -7
- Free Cash Flow
- 55
- OCF / Net Profit
- 4.12
- Cumulative 5-Year FCF
- 350
- OCF / Net Profit
- 4.12
- Cumulative 5-Year FCF
- 350
Mar 2025
- 79
- Cash from Investing
- -139
- Cash from Financing
- 55
- -5
- Free Cash Flow
- -56
- OCF / Net Profit
- 3.70
- Cumulative 5-Year FCF
- 94
- OCF / Net Profit
- 3.70
- Cumulative 5-Year FCF
- 94
Mar 2026
- 121
- Cash from Investing
- -99
- Cash from Financing
- -25
- -3
- Free Cash Flow
- 25
- OCF / Net Profit
- 4.25
- Cumulative 5-Year FCF
- -7
- OCF / Net Profit
- 4.25
- Cumulative 5-Year FCF
- -7
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 11.09 | 4.63 | 14.11 | 31.19 | 8.14 | 27.31 | 32.55 | 10.30 | 6.25 | 8.30 |
| Book Value (₹) | 153.28 | 157.31 | 172.03 | 199.73 | 208.79 | 233.78 | 148.71 | 156.20 | 163.11 | 169.74 |
| 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 | 23.08 | 30.55 | 17.65 | 25.88 | 44.46 | 22.96 | 20.24 | 23.83 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 11.73% | 9.82% | 9.89% | 12.17% | 11.69% | 11.64% | 14.18% | 8.11% | 7.79% | 9.48% |
| Net Margin % | 1.51% | 0.61% | 1.79% | 4.14% | 1.77% | 3.92% | 7.43% | 2.79% | 1.65% | 2.09% |
| ROE % | 7.42% | 2.98% | 8.57% | 16.78% | 3.99% | 12.34% | 24.51% | 6.75% | 3.91% | 4.99% |
| ROCE % | 10.83% | 8.60% | 9.66% | 14.88% | 7.84% | 15.56% | 22.32% | 8.74% | 7.30% | 7.89% |
| 1.79% | 0.73% | 2.31% | 5.65% | 1.67% | 5.63% | 11.41% | 3.30% | 1.89% | 2.31% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 47 | 48 | 47 | 43 | 59 | 37 | 41 | 61 | 58 | 60 |
| Inventory Days | 90 | 90 | 81 | 74 | 101 | 73 | 72 | 84 | 82 | 83 |
| Payable Days | 92 | 102 | 89 | 77 | 109 | 79 | 61 | 59 | 59 | 56 |
| 44 | 36 | 38 | 40 | 51 | 30 | 53 | 86 | 81 | 86 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 2.13x | 1.99x | 1.60x | 0.94x | 0.64x | 0.65x | 0.73x | 0.66x | 0.81x | 0.82x |
| Interest Coverage (x) | 1.40x | 1.18x | 1.35x | 2.18x | 1.50x | 3.90x | 5.42x | 2.61x | 1.75x | 1.92x |
| 1.01x | 1.05x | 1.09x | 1.21x | 1.75x | 1.49x | 1.53x | 1.60x | 1.48x | 1.39x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -1.61% | 3.83% | 4.56% | -4.55% | -39.00% | 51.25% | 25.97% | -15.65% | 2.17% | 4.96% |
| Operating Profit Growth % | -14.10% | -13.66% | 5.29% | 17.40% | -41.36% | 50.58% | 53.39% | -43.31% | -2.80% | 22.51% |
| Net Profit Growth % | -30.19% | -58.31% | 204.98% | 121.09% | -73.90% | 235.46% | 138.38% | -68.36% | -39.32% | 32.77% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -68.36% | -39.32% | 32.77% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 14.02x | 19.49x | 11.54x |
| 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 | 6.80x | 7.30x | 5.53x |
Mar 2017
- EPS (₹)
- 11.09
- Book Value (₹)
- 153.28
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 22.38
- Operating Margin %
- 11.73%
- Net Margin %
- 1.51%
- ROE %
- 7.42%
- ROCE %
- 10.83%
- 1.79%
- Debtor Days
- 47
- Inventory Days
- 90
- Payable Days
- 92
- 44
- Debt to Equity (x)
- 2.13x
- Interest Coverage (x)
- 1.40x
- 1.01x
- Revenue Growth %
- -1.61%
- Operating Profit Growth %
- -14.10%
- Net Profit Growth %
- -30.19%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 4.63
- Book Value (₹)
- 157.31
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 19.37
- Operating Margin %
- 9.82%
- Net Margin %
- 0.61%
- ROE %
- 2.98%
- ROCE %
- 8.60%
- 0.73%
- Debtor Days
- 48
- Inventory Days
- 90
- Payable Days
- 102
- 36
- Debt to Equity (x)
- 1.99x
- 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 (₹)
- 14.11
- Book Value (₹)
- 172.03
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 23.08
- Operating Margin %
- 9.89%
- Net Margin %
- 1.79%
- ROE %
- 8.57%
- ROCE %
- 9.66%
- 2.31%
- Debtor Days
- 47
- Inventory Days
- 81
- Payable Days
- 89
- 38
- Debt to Equity (x)
- 1.60x
- Interest Coverage (x)
- 1.35x
- 1.09x
- Revenue Growth %
- 4.56%
- Operating Profit Growth %
- 5.29%
- Net Profit Growth %
- 204.98%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 31.19
- Book Value (₹)
- 199.73
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 30.55
- Operating Margin %
- 12.17%
- Net Margin %
- 4.14%
- ROE %
- 16.78%
- ROCE %
- 14.88%
- 5.65%
- 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 %
- 121.09%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 8.14
- Book Value (₹)
- 208.79
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 17.65
- Operating Margin %
- 11.69%
- Net Margin %
- 1.77%
- ROE %
- 3.99%
- ROCE %
- 7.84%
- 1.67%
- Debtor Days
- 59
- Inventory Days
- 101
- Payable Days
- 109
- 51
- Debt to Equity (x)
- 0.64x
- Interest Coverage (x)
- 1.50x
- 1.75x
- Revenue Growth %
- -39.00%
- Operating Profit Growth %
- -41.36%
- Net Profit Growth %
- -73.90%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 27.31
- Book Value (₹)
- 233.78
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 25.88
- Operating Margin %
- 11.64%
- Net Margin %
- 3.92%
- ROE %
- 12.34%
- ROCE %
- 15.56%
- 5.63%
- Debtor Days
- 37
- Inventory Days
- 73
- Payable Days
- 79
- 30
- Debt to Equity (x)
- 0.65x
- Interest Coverage (x)
- 3.90x
- 1.49x
- Revenue Growth %
- 51.25%
- Operating Profit Growth %
- 50.58%
- Net Profit Growth %
- 235.46%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 32.55
- Book Value (₹)
- 148.71
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 44.46
- Operating Margin %
- 14.18%
- Net Margin %
- 7.43%
- ROE %
- 24.51%
- ROCE %
- 22.32%
- 11.41%
- Debtor Days
- 41
- Inventory Days
- 72
- Payable Days
- 61
- 53
- Debt to Equity (x)
- 0.73x
- Interest Coverage (x)
- 5.42x
- 1.53x
- Revenue Growth %
- 25.97%
- Operating Profit Growth %
- 53.39%
- Net Profit Growth %
- 138.38%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 10.30
- Book Value (₹)
- 156.20
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 22.96
- Operating Margin %
- 8.11%
- Net Margin %
- 2.79%
- ROE %
- 6.75%
- ROCE %
- 8.74%
- 3.30%
- Debtor Days
- 61
- Inventory Days
- 84
- Payable Days
- 59
- 86
- Debt to Equity (x)
- 0.66x
- Interest Coverage (x)
- 2.61x
- 1.60x
- Revenue Growth %
- -15.65%
- Operating Profit Growth %
- -43.31%
- Net Profit Growth %
- -68.36%
- -68.36%
- P/E (x)
- 14.02x
- P/B (x)
- 0.92x
- Dividend Yield %
- 0.69%
- 6.80x
Mar 2025
- EPS (₹)
- 6.25
- Book Value (₹)
- 163.11
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 20.24
- Operating Margin %
- 7.79%
- Net Margin %
- 1.65%
- ROE %
- 3.91%
- ROCE %
- 7.30%
- 1.89%
- Debtor Days
- 58
- Inventory Days
- 82
- Payable Days
- 59
- 81
- Debt to Equity (x)
- 0.81x
- Interest Coverage (x)
- 1.75x
- 1.48x
- Revenue Growth %
- 2.17%
- Operating Profit Growth %
- -2.80%
- Net Profit Growth %
- -39.32%
- -39.32%
- P/E (x)
- 19.49x
- P/B (x)
- 0.75x
- Dividend Yield %
- 0.82%
- 7.30x
Mar 2026
- EPS (₹)
- 8.30
- Book Value (₹)
- 169.74
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 23.83
- Operating Margin %
- 9.48%
- Net Margin %
- 2.09%
- ROE %
- 4.99%
- ROCE %
- 7.89%
- 2.31%
- Debtor Days
- 60
- Inventory Days
- 83
- Payable Days
- 56
- 86
- Debt to Equity (x)
- 0.82x
- Interest Coverage (x)
- 1.92x
- 1.39x
- Revenue Growth %
- 4.96%
- Operating Profit Growth %
- 22.51%
- Net Profit Growth %
- 32.77%
- 32.77%
- P/E (x)
- 11.54x
- P/B (x)
- 0.56x
- Dividend Yield %
- 1.04%
- 5.53x
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