Vera Synthetic

Why is Vera Synthetic Ltd falling/rising?

As of 29-Jun, Vera Synthetic Ltd's stock price is at 69.00, with no change and a bearish trend indicated by consistent weekly declines and trading below moving averages. Despite a year-to-date decline of 1.29%, it has significantly underperformed over the past year with a drop of 31.34%, contributing to negative investor sentiment.

As of 29-Jun, Vera Synthetic Ltd's stock price is currently at 69.00, showing no change (0.00%). The stock has been underperforming in recent weeks, having fallen every week for the last eight weeks, resulting in a total return of 0% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>In terms of performance relative to the benchmark, the stock has a year-to-date decline of 1.29%, which is significantly better than the Sensex's decline of 8.36%. However, over the past year, Vera Synthetic has experienced a substantial drop of 31.34%, while the Sensex has only fallen by 6.60%. This long-term underperformance may contribute to negative investor sentiment.<BR><BR>Despite these challenges, there has been a slight increase in investor participation, with delivery volume on 23 March rising by 0% against the 5-day average. However, this increase in participation has not translated into price appreciation, as the stock remains stagnant.<BR><BR>Overall, the combination of consistent weekly declines, trading below moving averages, and significant long-term losses suggests that Vera Synthetic Ltd's stock is currently falling due to a lack of positive momentum and investor confidence.

Which are the latest news on Vera Synthetic?

What does Vera Synthetic do?

Vera Synthetic Ltd is a Micro Cap company in the Garments & Apparels industry, originally incorporated in 2000 and converted to a Public Limited Company in 2017. It has a market cap of INR 34 Cr, with a P/E ratio of 10.00 and a return on equity of 13.33%.

Overview:<BR>Vera Synthetic Ltd operates in the Garments & Apparels industry and is classified as a Micro Cap company.<BR><BR>History:<BR>Vera Synthetic Ltd was originally incorporated as a Private Company on February 16, 2000, under the name `Vera Synthetic Private Limited`. It was converted into a Public Limited Company on September 25, 2017. The latest quarter for which sales and profit data are reported is not available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 34 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 10.00<BR>Industry P/E: 23<BR>Dividend Yield: 0.00%<BR>Debt Equity: -0.05<BR>Return on Equity: 13.33%<BR>Price to Book: 1.29<BR><BR>Contact Details:<BR>Address: Office No. UL-27 Pattani Plaza, Devubag Dairy Road Bhavnagar Gujarat : 364002<BR>Phone: 91-0278-2525434<BR>Email: info@sujlonropes.com<BR>Website: http://www.sujlonropes.com

Who are in the management team of Vera Synthetic?

The management team of Vera Synthetic includes Sunil Makwana (Chairman & Managing Director), Devjibhai Makwana (Executive Director), Dineshbhai Patel and Ravikumar Adhiya (Independent Directors), Kruti Shah (Company Secretary & Compliance Officer), and Meera Sunil Makwana (Whole-time Director).

The management team of Vera Synthetic includes the following individuals:<BR><BR>1. **Sunil Makwana** - Chairman & Managing Director<BR>2. **Devjibhai Makwana** - Executive Director<BR>3. **Dineshbhai Patel** - Independent Director<BR>4. **Ravikumar Adhiya** - Independent Director<BR>5. **Kruti Shah** - Company Secretary & Compliance Officer<BR>6. **Meera Sunil Makwana** - Whole-time Director<BR><BR>If you need more specific information about their roles or contributions, feel free to ask!

Who are the peers of the Vera Synthetic?

Vera Synthetic's peers include Akshar Spintex, Cedaar Textile, Swasti Vinayaka, and others, with varying management risks and growth rates. Vera Synthetic has the highest 1-year return at 1.47%, while Cedaar Textile has the lowest at -72.09%.

Peers: The peers of Vera Synthetic are Akshar Spintex, Cedaar Textile, Swasti Vinayaka, Tusaldah, Suryaamba Spinni, Skybiotech Healt, Anjani Synth., and Classic Filament.<BR><BR>Quality Snapshot: Excellent management risk is observed at Suryaamba Spinni, while Average management risk is found at Vera Synthetic, Cedaar Textile, and Swasti Vinayaka, and the rest have Below Average management risk. Growth is Below Average for Akshar Spintex, Vera Synthetic, Cedaar Textile, Tusaldah, and the rest, while Swasti Vinayaka has Good growth. Capital Structure is Good at Vera Synthetic and Swasti Vinayaka, Average at Suryaamba Spinni, and Below Average at Akshar Spintex, Cedaar Textile, Tusaldah, Skybiotech Healt, Anjani Synth., and Classic Filament.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Vera Synthetic at 1.47%, while the lowest is Cedaar Textile at -72.09%, indicating that Vera Synthetic's return is significantly better than Cedaar Textile's. Additionally, Akshar Spintex, Cedaar Textile, and Anjani Synth. have negative six-month returns.

How has been the historical performance of Vera Synthetic?

Vera Synthetic has shown consistent growth in net sales, increasing from 28.10 Cr in March 2021 to 42.16 Cr in March 2025, with profit after tax rising to 2.03 Cr. However, cash flow from operating activities turned negative at -5.00 Cr in March 2025, indicating recent financial challenges.

Answer:<BR>The historical performance of Vera Synthetic shows a gradual increase in net sales and profitability over the years, with the latest figures for March 2025 indicating a net sales of 42.16 Cr and a profit after tax of 2.03 Cr.<BR><BR>Breakdown:<BR>Vera Synthetic's net sales have shown a consistent upward trend, rising from 28.10 Cr in March 2021 to 42.16 Cr in March 2025. Other operating income has also increased, albeit modestly, from 0.17 Cr in March 2019 to 0.33 Cr in March 2025. Total operating income reached 42.49 Cr in March 2025, reflecting a steady growth trajectory. The raw material cost has fluctuated, peaking at 23.71 Cr in March 2025, while total expenditure (excluding depreciation) rose to 38.74 Cr. Operating profit, excluding other income, was 3.75 Cr in March 2025, with a slight increase in profit before tax to 2.73 Cr. The profit after tax has also improved, reaching 2.03 Cr in March 2025 compared to 1.40 Cr in March 2019. The company's total assets increased to 26.70 Cr in March 2025, with total liabilities at 26.70 Cr, indicating a balanced financial position. However, cash flow from operating activities turned negative at -5.00 Cr in March 2025, contrasting with a positive cash flow of 5.00 Cr in March 2024. Overall, Vera Synthetic has demonstrated growth in sales and profitability, although cash flow challenges emerged in the latest reporting period.

Is Vera Synthetic overvalued or undervalued?

As of October 27, 2025, Vera Synthetic is considered very attractive and undervalued with a PE ratio of 16.99, an EV to EBITDA of 9.13, and a PEG ratio of 1.33, despite a recent stock decline of 30.45% over the past week and 26.81% year-to-date, especially when compared to peers like K P R Mill Ltd at a PE of 43.91 and Vardhman Textile at 15.12.

As of 27 October 2025, the valuation grade for Vera Synthetic has moved from attractive to very attractive. The company is currently considered undervalued. Key ratios include a PE ratio of 16.99, an EV to EBITDA of 9.13, and a ROCE of 12.03%. In comparison to peers, K P R Mill Ltd is very expensive with a PE ratio of 43.91, while Vardhman Textile is attractive with a PE ratio of 15.12.<BR><BR>Despite recent stock performance showing a decline of 30.45% over the past week and 26.81% year-to-date, Vera Synthetic's valuation metrics indicate a strong position relative to its peers in the garments and apparels industry. The company's PEG ratio of 1.33 further supports its undervaluation status.

How big is Vera Synthetic?

As of 23rd July, Vera Synthetic Ltd has a market capitalization of 50.00 Cr, classified as a Micro Cap, with no valid financial data available for Net Sales and Net Profit for the latest four quarters. As of March 2024, Shareholder's Funds are 20.93 Cr and Total Assets are 23.44 Cr.

As of 23rd July, <BR><BR>Market Cap: Vera Synthetic Ltd has a market capitalization of 50.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 20.93 Cr and Total Assets of 23.44 Cr.

Who are the top shareholders of the Vera Synthetic?

The top shareholders of Vera Synthetic include Sunil Devjibhai Makwana with 16.85%, and Sheebaben Yogeshbhai Makwana as the highest public shareholder at 6.08%. Individual investors hold a combined 23.8%, with no mutual funds or foreign institutional investors involved.

The top shareholders of Vera Synthetic include the promoters, with Sunil Devjibhai Makwana holding the largest share at 16.85%. Additionally, Sheebaben Yogeshbhai Makwana is the highest public shareholder, owning 6.08%. Individual investors collectively hold 23.8% of the company's shares. There are currently no mutual funds or foreign institutional investors holding shares in the company.

What is the technical trend for Vera Synthetic?

As of May 21, 2025, Vera Synthetic's trend is mildly bearish, influenced by daily moving averages and weekly RSI showing bearish momentum, despite some mixed signals from the MACD and other indicators.

As of 21 May 2025, the technical trend for Vera Synthetic has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the weekly RSI showing bearish momentum. The MACD on the weekly timeframe is mildly bullish, which contrasts with the monthly MACD being mildly bearish, suggesting mixed signals. Bollinger Bands and KST also reflect a mildly bearish outlook on both weekly and monthly timeframes. Overall, while there are some mildly bullish indicators, the prevailing sentiment remains bearish with limited strength.

When is the next results date for Vera Synthetic?

No Upcoming Board Meetings

Has Vera Synthetic declared dividend?

No Dividend History Available