What does Advance Syntex do?

Jul 17 2025 07:25 AM IST
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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:
Advance Syntex Ltd operates in the packaging industry and is categorized as a micro-cap company.

History:
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.

Financial Snapshot:
Net Sales: 2 Cr (Quarterly Results - Dec 2023)
Net Profit: -4 Cr (Quarterly Results - Dec 2023)
Market Cap: INR 6 Cr (Micro Cap)

Key Metrics:
P/E: N/A
Industry P/E: 24
Dividend Yield: 0.00%
Debt-Equity: 3.09
Return on Equity: -23.91%
Price to Book: 0.47

Contact Details:
Address: 233/2 & 238/2 GIDC, POR Ramangamdi Vadodara Gujarat : 391243
Tel: 91-265-2831850
Email: info@midasglitter.com
Website: http://www.midasglitter.com
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