Prag Bosimi Syn.

Why is Prag Bosimi Synthetics Ltd falling/rising?

As of 01-Sep, Prag Bosimi Synthetics Ltd's stock price is rising to 2.01, reflecting a 3.08% increase, supported by strong short-term momentum. However, the stock has a negative long-term outlook due to poor growth metrics and declining investor participation.

As of 01-Sep, Prag Bosimi Synthetics Ltd's stock price is rising, currently at 2.01, reflecting a change of 0.06 or 3.08% increase. This upward movement is supported by the stock outperforming its sector by 3.47% today and trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive short-term momentum. Additionally, the stock has shown a significant increase of 9.84% over the past month, contrasting with a decline in the benchmark Sensex by 1.47% during the same period.<BR><BR>However, it is important to note that despite the recent rise, the stock has a negative long-term outlook due to a negative book value and poor growth metrics, such as a -27.80% annual rate of net sales growth over the last five years. The company has also recorded a negative EBITDA of Rs. -1.15 crore, which raises concerns about its financial health. Furthermore, there has been a decline in investor participation, with delivery volume falling by 13.07% against the 5-day average. While the stock is currently experiencing a rise, these underlying issues suggest caution for long-term investors.

Which are the latest news on Prag Bosimi Syn.?

Who are in the management team of Prag Bosimi Syn.?

The management team of Prag Bosimi Syn. includes Girindra Mohan Das, Devang Vyas, Mukund Trivedi, Madhu P Dharewa, Prasanta Bora, Bina Advani, Raktim Kumar Das, Manvendra Singh, and Sunita Shah, featuring a mix of independent directors, company officers, and nominees.

The management team of Prag Bosimi Syn. includes the following members:<BR><BR>1. **Girindra Mohan Das** - Independent Director<BR>2. **Devang Vyas** - Director<BR>3. **Mukund Trivedi** - Independent Director<BR>4. **Madhu P Dharewa** - Company Secretary & Compliance Officer<BR>5. **Prasanta Bora** - Nominee (AIDC)<BR>6. **Bina Advani** - Independent Director<BR>7. **Raktim Kumar Das** - Whole-time Director<BR>8. **Manvendra Singh** - Chairman & Nominee (AIDC)<BR>9. **Sunita Shah** - Independent Director<BR><BR>This team comprises a mix of independent directors, company officers, and nominees, contributing to the governance and strategic direction of the company.

What does Prag Bosimi Syn. do?

Prag Bosimi Synthetics Ltd manufactures Polyester Yarn and operates in the Garments & Apparels industry as a Micro Cap company. Incorporated in 1987, it reported a net profit of -1 Cr for June 2026, with a market cap of INR 15 Cr.

Overview: <BR>Prag Bosimi Synthetics Ltd is engaged primarily in the manufacturing of Polyester Yarn and operates within the Garments & Apparels industry, categorized as a Micro Cap company.<BR><BR>History: <BR>Incorporated on 31 July, 1987, Prag Bosimi Synthetics Limited was promoted as a joint venture between Assam Industrial Development Corporation (AIDC) and Bombay Silk Mills (BOSIMI). The latest quarterly results reported are for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: -1 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 15 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 28 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -11.04 <BR>Return on Equity: 79.75% <BR>Price-to-Book: -1.03 <BR><BR>Contact Details: <BR>Address: House No 19 Ambikagiri Nagar, Milan Path R G Barua Road Guwahati Assam : 781024 <BR>Email: secretarial@bosimi.com <BR>Website: http://www.pragbosimi.com

Who are the peers of the Prag Bosimi Syn.?

Peers of Prag Bosimi Syn. include Davin Sons Reta, S & T Corporatio, Asia Pack, Adinath Textiles, Rajkamal Synth., Seasons Textiles, Titaanium Ten, Sanblue Corp., and Tuni Text. Mills, with Adinath Textiles showing the highest 1-year return at 4.59% and Titaanium Ten the lowest at -77.91%.

Peers: The peers of Prag Bosimi Syn. are Davin Sons Reta, S & T Corporatio, Asia Pack, Adinath Textiles, Rajkamal Synth., Seasons Textiles, Titaanium Ten, Sanblue Corp., and Tuni Text. Mills.<BR><BR>Quality Snapshot: Good management risk is observed at Davin Sons Reta, while Below Average management risk is found at S & T Corporatio, Rajkamal Synth., Seasons Textiles, and Sanblue Corp., and the rest have ratings that do not qualify. Growth is Below Average for Davin Sons Reta, S & T Corporatio, Rajkamal Synth., Seasons Textiles, Titaanium Ten, and Sanblue Corp., while the rest do not qualify. Average capital structure is found at Titaanium Ten, while Good capital structure is observed at Rajkamal Synth., and the rest do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Adinath Textiles at 4.59%, while Titaanium Ten has the lowest at -77.91%. Prag Bosimi Syn.'s 1-year return is -9.72%, which is better than Titaanium Ten but worse than Adinath Textiles. Additionally, peers with negative six-month returns include Rajkamal Synth., Sanblue Corp., and Titaanium Ten.

How big is Prag Bosimi Syn.?

As of 31st August, Prag Bosimi Synthetics Ltd has a market capitalization of 15.00 Cr, with reported Net Sales of 0.00 Cr and a Net Profit loss of 9.59 Cr over the latest four quarters. Shareholder's Funds were at a loss of 3.77 Cr, while Total Assets amounted to 224.60 Cr.

As of 31st August, Prag Bosimi Synthetics Ltd has a market capitalization of 15.00 Cr, classifying it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 0.00 Cr and a Net Profit loss of 9.59 Cr.<BR><BR>For the latest annual period ending in March 2025, Shareholder's Funds were recorded at a loss of 3.77 Cr, while Total Assets amounted to 224.60 Cr.

Should I buy, sell or hold Prag Bosimi Synthetics Ltd?

When is the next results date for Prag Bosimi Synthetics Ltd?

The next results date for Prag Bosimi Synthetics Ltd is 12 August 2026.

The next results date for Prag Bosimi Synthetics Ltd is scheduled for 12 August 2026.

Are Prag Bosimi Synthetics Ltd latest results good or bad?

Prag Bosimi Synthetics Ltd's latest results are concerning, showing a net loss of ₹3.56 crores and negative net sales of ₹0.50 crores, indicating significant financial distress and negative equity. The company is categorized as a distressed asset, and investors should exercise caution due to the high risks involved.

The latest results for Prag Bosimi Synthetics Ltd are concerning and indicate a significant decline in financial health. In Q4 FY26, the company reported a net loss of ₹3.56 crores, which represents a 111.90% increase in losses compared to the previous quarter. Additionally, net sales were negative at ₹0.50 crores, reflecting a 200% decline from the already minimal sales in the prior quarter.<BR><BR>The company's book value is also troubling, standing at negative ₹2.54, indicating negative equity and technical insolvency. This financial distress is compounded by a debt burden of ₹161.02 crores against fixed assets of ₹164.16 crores, leading to a negative debt-to-equity ratio of -17.25.<BR><BR>Overall, the financial performance reveals a company in terminal decline, with no clear recovery path in sight. The stock price has been underperforming, trading near its 52-week low, and the overall outlook is bleak, categorizing the company as a distressed asset. Investors should approach with caution, as the fundamentals suggest significant risks.

How has been the historical performance of Prag Bosimi Syn.?

Prag Bosimi Syn. has experienced a significant decline in financial performance, with net sales dropping from 58.52 Cr in March 2019 to 0.00 Cr in March 2025, and consistent losses, culminating in a profit before tax of -11.19 Cr in March 2025. The company's financial position is deteriorating, marked by negative cash flow and decreasing total assets and liabilities.

Answer:<BR>The historical performance of Prag Bosimi Syn. shows a significant decline in net sales and profitability over the years, culminating in a net sales figure of 0.00 Cr for March 2025. <BR><BR>Breakdown:<BR>Prag Bosimi Syn. has experienced a dramatic decrease in net sales, dropping from 58.52 Cr in March 2019 to 0.00 Cr in March 2025. Total operating income followed a similar trend, decreasing from 58.52 Cr in March 2019 to 0.00 Cr in March 2025. The company's total expenditure, excluding depreciation, also saw fluctuations, peaking at 63.91 Cr in March 2019 before declining to 2.74 Cr in March 2025. Operating profit margins have been negative for several years, with the most recent margin at 0.0% in March 2025. The profit before tax has consistently been negative, with a loss of -11.19 Cr reported in March 2025. The company's total liabilities decreased from 274.17 Cr in March 2020 to 224.60 Cr in March 2025, while total assets also declined from 274.17 Cr to 224.60 Cr in the same period. The cash flow from operating activities has been negative, with a cash flow of -1.00 Cr in March 2025. Overall, the financial metrics indicate a troubling trend for Prag Bosimi Syn., characterized by declining revenues, increasing losses, and a deteriorating financial position.

Who are the top shareholders of the Prag Bosimi Syn.?

The top shareholders of Prag Bosimi Syn. are Assam Industrial Development Corporation Ltd at 24.71%, followed by Bombay Silk Mills Ltd at 3.46%, with individual investors holding 37.8%. There are no pledged promoter holdings or foreign institutional investors, and mutual funds hold a minor 0.13%.

The top shareholders of Prag Bosimi Syn. include Assam Industrial Development Corporation Ltd, which holds the largest stake at 24.71%. The highest public shareholder is Bombay Silk Mills Ltd, with a holding of 3.46%. Additionally, individual investors collectively hold 37.8% of the company's shares. There are no pledged promoter holdings, and the company does not have any foreign institutional investors (FIIs) involved. Mutual funds have a minor presence, with three schemes holding a total of 0.13%.

Is Prag Bosimi Syn. overvalued or undervalued?

As of April 25, 2023, Prag Bosimi Syn. is rated as risky and overvalued due to poor financial ratios, including a negative PE Ratio of -1.53, and has underperformed the Sensex with a return of -21.38% compared to the Sensex's 7.60%.

As of 25 April 2023, the valuation grade for Prag Bosimi Syn. has moved from does not qualify to risky, indicating a heightened level of concern regarding its financial health. The company is currently considered overvalued based on its financial ratios, which include a PE Ratio of -1.53, an EV to EBITDA of -64.97, and a ROCE of -4.19%. These figures suggest significant operational challenges and a lack of profitability.<BR><BR>In comparison to its peers, Prag Bosimi Syn. stands out with a notably negative PE Ratio, while K P R Mill Ltd is categorized as very expensive with a PE of 47.51, and Trident is rated fair with a PE of 42.6. The stark contrast in valuation metrics highlights the challenges faced by Prag Bosimi Syn. in the garments and apparel industry. Additionally, the company's stock has underperformed against the Sensex, particularly over the past year, with a return of -21.38% compared to the Sensex's 7.60%, reinforcing the notion that it is overvalued in its current state.

What is the technical trend for Prag Bosimi Syn.?

As of May 29, 2025, Prag Bosimi Syn. has shifted to a bearish trend, supported by negative signals from MACD, Bollinger Bands, and moving averages across multiple time frames, despite some divergence in the RSI.

As of 29 May 2025, the technical trend for Prag Bosimi Syn. has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from multiple time frames. The MACD is bearish on both the weekly and monthly charts, reinforcing the negative outlook. The Bollinger Bands and KST also show bearish signals on the weekly and monthly time frames. Daily moving averages confirm a bearish trend as well. The RSI indicates no signal on the weekly but is bullish on the monthly, suggesting some divergence in momentum. Overall, the bearish indicators dominate, reflecting a weak technical position.

Has Prag Bosimi Syn. declared dividend?

No Dividend History Available