Is Advance Syntex overvalued or undervalued?

As of November 12, 2024, Advance Syntex is rated as "risky" due to significant overvaluation indicated by a negative PE ratio of -1.88 and poor financial performance compared to peers, including a one-year stock return of -35.5% versus the Sensex's 7.59%.

As of 12 November 2024, Advance Syntex has moved from a grade of "does not qualify" to "risky." The company is currently overvalued based on its financial metrics, which reveal significant challenges. Key ratios include a PE ratio of -1.88, an EV to EBITDA of -15.90, and a ROE of -23.91%. <BR><BR>In comparison to its peers, Advance Syntex stands out negatively, especially when juxtaposed with Solar Industries India Ltd., which has a PE ratio of 123.77 and an EV to EBITDA of 76.22, indicating a stark contrast in valuation and performance. Other peers like Godrej Industries Ltd. also demonstrate stronger fundamentals with a PE of 46.63 and an EV to EBITDA of 34.36. The company's recent stock performance has been poor, with a one-year return of -35.5%, significantly lagging behind the Sensex's 7.59% return over the same period, reinforcing the notion of overvaluation.

What is the technical trend for Advance Syntex?

As of May 27, 2025, Advance Syntex shows a mildly bearish trend, supported by bearish MACD and moving averages on both weekly and monthly charts, despite a mildly bullish KST on the weekly timeframe.

As of 27 May 2025, the technical trend for Advance Syntex has changed from bearish to mildly bearish. The weekly MACD remains bearish, and the monthly MACD is also bearish, indicating persistent downward momentum. The Bollinger Bands show a mildly bearish stance on the weekly chart and bearish on the monthly chart, reinforcing the negative outlook. Daily moving averages are bearish, suggesting short-term weakness. The KST indicates a mildly bullish trend on the weekly timeframe, but this is overshadowed by the bearish signals from the monthly indicators. Dow Theory supports a mildly bearish view on both weekly and monthly timeframes. Overall, the current technical stance is mildly bearish, with key indicators such as MACD and moving averages driving this assessment.

Who are in the management team of Advance Syntex?

As of March 2022, the management team of Advance Syntex includes Bhavan Dhirendra Vora (Managing Director), Darshana Devang Vora (Whole-time Director), Praful Ramanlal Pandya (Director), and several Independent Directors: Nandishkumar Vinodray Gandhi, Himesh Occhhavlal Shah, Ashish Govindlal Shukla, and Ronojoy Basu, along with Jyoti Agarwal as Company Secretary & Compliance Officer.

As of March 2022, the management team of Advance Syntex includes the following individuals:<BR><BR>1. Bhavan Dhirendra Vora - Managing Director<BR>2. Darshana Devang Vora - Whole-time Director<BR>3. Praful Ramanlal Pandya - Director<BR>4. Nandishkumar Vinodray Gandhi - Independent Director<BR>5. Himesh Occhhavlal Shah - Independent Director<BR>6. Ashish Govindlal Shukla - Independent Director<BR>7. Ronojoy Basu - Independent Director<BR>8. Jyoti Agarwal - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the operations and governance of the company.

What does Advance Syntex do?

Advance Syntex Ltd is a micro-cap company in the packaging industry, reporting net sales of 2 Cr and a net loss of 4 Cr for December 2023, with a market cap of INR 6 Cr. The company has a high debt-equity ratio of 3.09 and a negative return on equity of -23.91%.

Overview:<BR>Advance Syntex Ltd operates in the packaging industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Advance Syntex Limited was originally incorporated in Gujarat as 'Advance Syntex Private Limited' under the provisions of the Companies Act 1956. The latest quarterly results reported net sales and net profit for December 2023.<BR><BR>Financial Snapshot:<BR>Net Sales: 2 Cr (Quarterly Results - Dec 2023) <BR>Net Profit: -4 Cr (Quarterly Results - Dec 2023) <BR>Market Cap: INR 6 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 24 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 3.09 <BR>Return on Equity: -23.91% <BR>Price to Book: 0.47 <BR><BR>Contact Details:<BR>Address: 233/2 & 238/2 GIDC, POR Ramangamdi Vadodara Gujarat : 391243 <BR>Tel: 91-265-2831850 <BR>Email: info@midasglitter.com <BR>Website: http://www.midasglitter.com

Who are the top shareholders of the Advance Syntex?

The top shareholders of Advance Syntex include Bhavan Dhirendra Vora with 33.98%, and public shareholder Nikhil Kishorchandra Vora with 8.44%. Individual investors hold 38.46% of the shares, with no pledged promoter holdings or mutual funds/foreign institutional investors involved.

The top shareholders of Advance Syntex include the promoters, with Bhavan Dhirendra Vora holding the largest share at 33.98%. Additionally, the highest public shareholder is Nikhil Kishorchandra Vora, who owns 8.44%. Individual investors collectively hold 38.46% of the company's shares. Notably, there are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares.

When is the next results date for Advance Syntex?

Advance Syntex will declare its results on 14 November 2025.

Advance Syntex will declare its results on 14 November 2025.

Why is Advance Syntex falling/rising?

As of 10-Dec, Advance Syntex Ltd's stock price is Rs. 4.75, unchanged from the previous session, but has declined 23.01% over the past year and 58.19% over three years. The company's poor performance, high debt levels, and significant drop in investor participation indicate a negative outlook and financial instability.

As of 10-Dec, Advance Syntex Ltd's stock price is currently at Rs. 4.75, showing no change from the previous trading session. However, the stock has been experiencing a significant decline over the past year, with a decrease of 23.01%, and a staggering drop of 58.19% over the last three years. This downward trend is compounded by the fact that the stock hit a new 52-week low of Rs. 4.73 today.<BR><BR>The company's performance has been poor, with net sales declining at an annual rate of 44.55% and operating profit decreasing by 185.90% over the last five years. Additionally, the company has not declared results in the last six months, which raises concerns about its long-term fundamental strength. The high debt levels, indicated by a debt-to-equity ratio of 2.32 times, further exacerbate the situation, suggesting financial instability.<BR><BR>Moreover, investor participation has significantly fallen, with delivery volume dropping by 97.32% compared to the five-day average. The stock is also trading below its moving averages across various time frames, indicating a lack of upward momentum. Overall, these factors contribute to a negative outlook for Advance Syntex Ltd, leading to its current decline in stock price.

Which are the latest news on Advance Syntex?