Hind Syntex (Delisted) share price

BSE: 503881Textiles & Apparels

Hind Syntex Ltd. · Face value ₹10 · Listed Apr 1983

Last traded ₹1.45 on 11 Mar 2020

Delisted on 20 Sep 2021.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.

  1. Aug 2021

  2. Nov 2020

  3. Sep 2019

  4. Aug 2019

Share price history

Daily closes since Jan 2007, BSE closes Jan 2007 to Jul 2007, Jul 2007 to Feb 2008, Feb 2008 to May 2008, May 2008 to Jul 2010, in Oct 2010, in Nov 2010, in Nov 2010, in Nov 2010, in Nov 2010, in Dec 2010, in Dec 2010, in Jan 2011, in Mar 2011, in Apr 2011, in Apr 2011, in May 2011, in May 2011, in May 2011, in May 2011, in May 2011, in Jun 2011, in Jun 2011, in Jun 2011, in Jun 2011, Jun 2011 to Jul 2011, in Jul 2011, in Jul 2011, in Jul 2011, in Jul 2011, in Aug 2011, in Aug 2011, in Aug 2011, Aug 2011 to Sep 2011, in Sep 2011, Sep 2011 to Oct 2011, in Oct 2011, in Nov 2011, Nov 2011 to Dec 2011, Dec 2011 to Jan 2012, in Jan 2012, in Jan 2012, in Feb 2012, in Feb 2012, Feb 2012 to Mar 2012, in Mar 2012, in Mar 2012, in Mar 2012, in Mar 2012, Mar 2012 to Apr 2012, in Apr 2012, in Apr 2012, in May 2012, in May 2012, in May 2012, in Jun 2012, in Jun 2012, in Jun 2012, in Jul 2012, in Jul 2012, in Jul 2012, in Jul 2012, in Jul 2012, in Jul 2012, Jul 2012 to Aug 2012, in Aug 2012, in Aug 2012, in Aug 2012, Aug 2012 to Sep 2012, in Sep 2012, in Sep 2012, in Sep 2012, in Oct 2012, in Oct 2012, in Oct 2012, in Oct 2012, in Oct 2012, in Nov 2012, in Nov 2012, in Nov 2012, in Dec 2012, in Dec 2012, in Dec 2012, in Jan 2013, in Jan 2013, in Mar 2013, in Mar 2013, in Apr 2013, in Apr 2013, Apr 2013 to May 2013, in May 2013, in May 2013, in Jun 2013, in Jun 2013, in Jun 2013, Jul 2013 to Sep 2013, in Oct 2013, in Oct 2013, in Nov 2013, in Nov 2013, in Dec 2013, in Dec 2013, in Dec 2013, in Jan 2014, in Jan 2014, in Jan 2014, in Jan 2014, in Feb 2014, Feb 2014 to Mar 2014, Mar 2014 to Apr 2014, in Apr 2014, in May 2014, in Jun 2014, in Sep 2014, in Oct 2014, in Nov 2014, in Nov 2014, in Nov 2014, in Nov 2014, in Jan 2015, in Jan 2015, in Jan 2015, in Mar 2015, in Mar 2015, in Apr 2015, in May 2015, in May 2015, in Jun 2015, in Jun 2015, in Jul 2015, in Aug 2015, in Sep 2015, in Oct 2015, in Oct 2015, in Oct 2015, in Oct 2015, in Nov 2015, in Nov 2015, in Nov 2015, in Nov 2015, in Dec 2015, in Dec 2015, in Jan 2016, in Feb 2016, in Feb 2016, in Feb 2016, in Feb 2016, in Mar 2016, in Mar 2016, Mar 2016 to Apr 2016, in May 2016, May 2016 to Jun 2016, in Jun 2016, in Jun 2016, in Aug 2016, in Oct 2016, in Oct 2016, in May 2017, in May 2017, Jun 2017 to Jul 2017, in Jul 2017, in Oct 2017, in Dec 2017, in Dec 2017, in Dec 2017, Dec 2017 to Jan 2018, in Jan 2018, in Feb 2018, in Mar 2018, in Jul 2018, in Aug 2018, in Nov 2018, in Dec 2018, in Dec 2018, in Jan 2019, in Feb 2019, in Mar 2019, in Aug 2019, in Sep 2019, in Sep 2019, in Dec 2019, in Jan 2020 and in Jan 2020, adjusted for splits and bonuses

Daily close, ₹ per share

Q1 results, quarter to Jun 2019

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹0.00 Cr−100.0% on a year ago
Operating profit
−₹0.27 Cr
Net profit
−₹0.39 Cr
Earnings per share
−₹0.30

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses−0.3
  4. Operating profit−0.3
  5. Depreciation−0.2
  6. Other income0.0
  7. Finance costs0.0
  8. Profit before tax−0.4
  9. Tax0.0
  10. Net profit−0.4

Hind Syntex results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2019. Results for the quarter to Sep 2019 were due by 14 Nov 2019, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss
100.0Sep 169.2−0.2Dec 1610−0.2Mar 178.0−0.2Jun 1719−0.7Sep 177.3−0.3Dec 178.7−1.6Mar 1810−2.1Jun 1812−1.4Sep 183.0−1.8Dec 180−0.9Mar 190−0.4Jun 19
Peak revenue ₹19 Cr, quarter to Sep 2017; lowest ₹0.00 Cr, quarter to Mar 2019A loss in 11 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
1.5%−60.5%1.5%−1.0%−1.5%−5.1%−2.8%−2.9%−23.8%−20.0%−11.2%−55.4%0.2%−2.2%−2.4%−2.6%−3.5%−4.0%−18.8%−20.9%−12.1%−60.5%Sep 16Mar 17Sep 17Mar 18Sep 18Mar 19Jun 19
₹ croreSep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1
Revenue from operations11.18.7–8.810.710.010.910.610.39.210.38.018.97.38.710.111.93.00.00.0
–––––––10.510.19.310.48.419.47.510.812.213.24.70.70.3
Materials and goods bought1.80.4–0.3–––––––−0.910.71.03.66.65.91.50.00.0
Employee costs–––––––––––––––2.43.12.10.40.0
Other expenses–––––––––––––––3.24.21.20.30.3
Operating profit before depreciation–––––––0.10.2−0.1−0.2−0.4−0.5−0.2−2.1−2.0−1.3−1.7−0.7−0.3
Operating margin–––––––1.1%1.5%−1.0%−1.5%−5.1%−2.8%−2.9%−23.8%−20.0%−11.2%−55.4%––
Depreciation and amortisation0.40.3–0.10.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.2
Other income0.10.0–0.10.10.00.10.10.00.10.10.40.00.10.60.10.10.00.00.0
Finance costs–––––––0.00.00.00.00.00.00.00.00.00.00.00.00.0
One-off items–––––––––––––––0.00.00.00.00.0
Profit before tax0.10.0–0.00.10.00.00.10.0−0.2−0.2−0.2−0.7−0.3−1.6−2.1−1.4−1.8−0.9−0.4
Tax––––––0.0––––––––0.00.00.00.00.0
Tax rate––––––32.4%–––––––––––––
Net profit0.10.0–0.00.10.00.00.10.0−0.2−0.2−0.2−0.7−0.3−1.6−2.1−1.4−1.8−0.9−0.4
Net margin0.6%0.4%–0.4%0.5%0.3%0.2%0.5%0.2%−2.2%−2.4%−2.6%−3.5%−4.0%−18.8%−20.9%−12.1%−60.5%––
Earnings per share––––––––––−₹0.20−₹0.16−₹0.52−₹0.23−₹1.29−₹1.67−₹1.13–−₹0.68−₹0.30
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Mar 2015.

Segment results by quarter

Standalone, ₹ crore, quarters to Jun 2019.

  • JOB WORK FOR MANUFACTURING SYNTHETIC BLENDED YARN AS WELL AS MANUFACTURING OF OWN BLENDED YARN

    Revenue, ₹ crore
₹ croreJun 2018Sep 2018Dec 2018Mar 2019Jun 2019
Revenue of all businesses–11.93.00.0–
Company revenue, as in its results10.111.93.00.00.0
Revenue–7.41.80.0–
Profit–––0.0–
Liabilities–0.00.015.5–
Revenue–4.41.20.0–
Revenue–0.00.00.0–
Revenue–0.10.00.0–
–0.00.0––
–0.00.0––
–0.00.0––
Profit is before tax and finance costs, the way companies report their segments.

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
74−7.3Mar 10106−2.3Mar 11114−11Mar 12Mar 13Mar 14Mar 15400.1Mar 1640−0.4Mar 1743−2.8Mar 1825−6.30Mar 19
Peak revenue ₹114 Cr, year to Mar 2012; lowest ₹25 Cr, year to Mar 2019A loss in 6 of the 7 years with results on record

Operating and net margin, per cent

  • Operating margin
  • Net margin
7.5%−25.0%2.7%7.5%−0.7%0.0%−7.5%−22.9%−10.0%−2.1%−9.2%0.4%−0.9%−6.5%−25.0%Mar 10Mar 12Mar 14Mar 16Mar 18Mar 19

Results for the year to Mar 2019

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue25
  2. Materials and goods−14
  3. Employee costs−7.9
  4. Other expenses−8.9
  5. Operating profit−5.8
  6. Depreciation−0.7
  7. Other income+0.1
  8. One-off items0.0
  9. Finance costs0.0
  10. Profit before tax−6.3
  11. Tax0.0
  12. Net profit−6.3

What the company owns

  • Plant, investments and other assets₹21 Cr
  • Cash and bank₹0 Cr
  • Receivables₹0 Cr

What pays for it: net worth and liabilities

  • Other liabilities₹14 Cr
  • Owed to suppliers₹7 Cr

Hind Syntex business segments, year to Mar 2019

A reportable segment is a line of business the company must report on its own. Standalone, ₹ crore, as the company reports them. A segment at a loss has no share of profit.

Revenue by segment

₹25 CrTotal
  • Sale of own products₹17.4 Cr69.2% of total
  • Income from Job Work₹7.2 Cr28.7% of total
  • Sale of Fibre₹0.4 Cr1.5% of total
  • Other Income₹0.1 Cr0.6% of total

Profit by segment

  • Income from Job Work₹2.38 Cr100.0% of total
  • Sale of Fibre₹0.00 Cr0.0% of total

Segment results by year

Standalone, ₹ crore, years to March.

  • Sale of own products

    Revenue, ₹ crore
    Profit, ₹ crore
  • Income from Job Work

    Revenue, ₹ crore
    Profit, ₹ crore
  • Sale of Fibre

    Revenue, ₹ crore
    Profit, ₹ crore
  • Other Income

    Revenue, ₹ crore
    Profit, ₹ crore
₹ croreMar 2019
Revenue of all businesses25.2
Company revenue, as in its results25.1
Revenue17.4
Profit−7.9
Margin−45.4%
Liabilities15.5
Revenue7.2
Revenue0.4
Revenue0.1
Profit is before tax and finance costs, the way companies report their segments.

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the years to Mar 2013, Mar 2014 and Mar 2015. The last column is the twelve months to Jun 2019, the latest four quarters added.

₹ croreMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Jun 2019Twelve months
Revenue from operations74106114–––4040432515
7298115––––40463119
Materials and goods bought507086––––014147
Employee costs–––––––––86
Other expenses–––––––––96
Operating profit before depreciation28−1––––0−3−6−4
Operating margin2.7%7.5%−0.7%––––0.0%−7.5%−22.9%–
Materials, % of revenue–––––––––56.0%–
Employee costs, % of revenue–––––––––31.7%–
Other expenses, % of revenue–––––––––35.3%–
Depreciation and amortisation444–––11111
Operating profit after depreciation−24−4––––−1−4−6−5
Other income101–––00100
Finance costs778––––0000
One-off items–––––––––00
Profit before tax−8−2−11–––00−3−6−5
Tax0–––––0––00
Net profit−7−2−11–––00−3−6−5
Net margin−10.0%−2.1%−9.2%–––0.4%−0.9%−6.5%−25.0%–
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2017 and Mar 2018 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2016: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019
−2.1
Share capital12.7
Reserves−14.8
Borrowings0.0
22.6
Liabilities due after a year0.3
Total assets20.8
16.8
4.0
Net debt0.0
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Earnings per share−₹8.31––––−₹0.30−₹2.20−₹4.92
Diluted earnings per share−₹8.31––––−₹0.30−₹2.20−₹4.92
Book value per share–––––––−₹1.62
Market cap at the year end (₹ crore)2.21––––––5.60

Ratios

Standalone, years to March.

RatioMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue growth18.3%43.8%8.0%––––0.0%6.1%−41.6%
Operating profit growth–292.0%––––––––
Return on equity–––––––––303.7%
Interest cover–0.6––––––––
Receivable days–––––––––0
Inventory days–––––––––0
Payable days–––––––––188
Cash conversion cycle, days–––––––––−188
Working capital days–––––––––−271
Asset turnover–––––––––1.21
Assets per rupee of net worth–––––––––−10.08
Sales per rupee of plant–––––––––1.65
Plant being built, % of plant in use–––––––––0.0%
Interest cover is left blank for the years to Mar 2010, Mar 2012, Mar 2017 and Mar 2018: operating profit after depreciation is a loss, and a loss covers no interest bill. Debt to equity is left blank for the year to Mar 2019: net worth is below zero, so there is no shareholders' money to set the borrowings against. Return on capital employed is left blank for the year to Mar 2019: net worth and borrowings together come to nought or less, so there is no money employed to set the operating profit against. No balance sheet is on record for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2019.

Return on assets, latest year
−30.1%
Measure10 years5 years3 years
Revenue growth, yearly rate−8.7%–−14.7%
Operating margin, average––−10.1%
Net margin, average–−8.0%−10.8%

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2016Mar 2017Mar 2018Mar 2019
Altman Z-scorePublished threshold 1.81–––−1.71
Effective tax ratePublished threshold 17.16 per cent7.14–––
A threshold marked as ours has no published figure; it is the line we read the check against.

Where the return came from

Yearly rates to Mar 2019, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−33.8%––0.0%
3 years−30.3%––0.0%
5 years−12.3%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Hind Syntex share price by year

Each calendar year to 2020.

YearClose at year endChangeHighest closeLowest close
2020BSE close1.45−9.4%2.461.45
2019BSE close1.60−70.9%5.501.60
2018BSE close5.50−8.3%16.353.50
2017BSE close6.00−42.3%12.605.70
2016BSE close10.40−23.2%26.308.80
2015BSE close13.55−8.8%17.408.45
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2020 close is its last trade, on 11 Mar 2020.

Recent sessions

The 10 trading days to 11 Mar 2020, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
11 Mar 20201.501.501.451.451.501,356
9 Mar 20201.501.501.501.501.501,050
5 Mar 20201.501.501.501.501.5010
3 Mar 20201.501.501.501.501.501
2 Mar 20201.451.451.451.451.455
26 Feb 20201.451.451.451.451.45501
24 Feb 20201.501.501.501.501.50400
20 Feb 20201.501.501.501.501.50499
18 Feb 20201.551.551.551.551.55133
17 Feb 20201.651.651.601.601.61589
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
22 Jan 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
21 Jan 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
14 Jan 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
9 Jan 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
26 Dec 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
24 Dec 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
1 Oct 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
27 Sep 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
19 Sep 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
13 Sep 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
23 Aug 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
22 Aug 2019Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
3 Dec 2018Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
26 Nov 2018Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
22 Nov 2018Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
14 Aug 2018Price move–Between two trading sessions the price moved by a fifth or more. The company's board met on results that day or since the trading day before. Not adjusted for.
15 Jan 2018Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
4 Dec 2017Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
9 Aug 2017Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
25 Jul 2017Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
21 Jul 2017Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
19 Dec 2013Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
17 Dec 2013Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
13 Dec 2013Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
10 Dec 2013Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
4 Dec 2013Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
31 Oct 2013Price move–Between two trading sessions the price moved by a fifth or more. The company's board met on results that day or since the trading day before. Not adjusted for.
1 Oct 2013Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
19 Sep 2013Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
14 May 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
8 May 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
3 May 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
30 Apr 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
27 Apr 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
2 Jun 2011Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
2 Dec 2010Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
23 Nov 2010Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
Each event is noted and not adjusted for.

Company details

BSE code
503881
ISIN
INE155B01012
Industry
Textiles & Apparels
Former symbols
HINDSYNTEX
CIN
L17118MP1980PLC001697
Corporate identity number, the registrar of companies' code for it
Incorporated
1980
Registered office
2, 3, 4 & 5 Sector A, Industrial Growth Centre, Pillukhedi, Rajgarh 465667, Madhya Pradesh
Share registrar
Link Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments