Prem. Synthetic

Which are the latest news on Prem. Synthetic?

Why is Premier Synthetics Ltd falling/rising?

As of 12-Jul, Premier Synthetics Ltd's stock price is Rs 15.00, reflecting a 9.04% decline. The stock has underperformed against the Sensex and shows bearish trends, with significant drops in investor participation and consecutive price falls.

As of 12-Jul, Premier Synthetics Ltd's stock price is falling, currently at Rs 15.00, which represents a decline of Rs 1.49 or 9.04%. This downward movement is reflected in the stock's performance over various periods, including a 9.04% drop over the past week, a 3.23% decrease over the past month, and a significant 24.85% decline year-to-date. <BR><BR>The stock has been underperforming compared to the benchmark Sensex, which has only decreased by 0.25% in the last week and increased by 4.85% over the past month. Additionally, the stock has been on a consecutive fall for the last two days, with a total return decline of 9.09% during this period. <BR><BR>Intraday trading also indicates weakness, as the stock reached a low of Rs 15, and the weighted average price suggests that more volume was traded closer to this low price. Furthermore, Premier Synthetics is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. <BR><BR>Investor participation has also decreased significantly, with delivery volume dropping by 89.75% compared to the 5-day average. This lack of interest from investors, combined with the stock's poor performance relative to the market, contributes to the ongoing decline in its price.

How big is Prem. Synthetic?

As of 10th June, Premier Synthetics Ltd has a market capitalization of 7.00 Cr, with recent net sales of 11.17 Cr and a net profit loss of 0.42 Cr. There is no available information on shareholder's funds and total assets.

As of 10th June, <BR><BR>Market Cap: Premier Synthetics Ltd has a market capitalization of 7.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 11.17 Cr, while the sum of Net Profit for the same period shows a loss of 0.42 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is not specified, and there is no available information regarding Shareholder's Funds and Total Assets.

Who are in the management team of Prem. Synthetic?

The management team of Prem. Synthetic includes Gautamchand Surana (Managing Director), Sanjaykumar Vinodbhai Majethia (Director), Sunny Sunil Singhi (Non-Executive Director), and three Independent Non-Executive Directors: Sachin Kansal, Jayesh Jain, and Anusha Maheshwary.

The management team of Prem. Synthetic includes the following individuals:<BR><BR>1. Gautamchand Surana - Managing Director<BR>2. Sanjaykumar Vinodbhai Majethia - Director<BR>3. Sunny Sunil Singhi - Non-Executive Director<BR>4. Sachin Kansal - Independent Non-Executive Director<BR>5. Jayesh Jain - Independent Non-Executive Director<BR>6. Anusha Maheshwary - Independent Non-Executive Director<BR><BR>If you have any more questions about the company or its management, feel free to ask!

Who are the peers of the Prem. Synthetic?

Peers of Prem. Synthetic include Peeti Securities, Nivaka Fashions, and Kiran Syntex, among others. Kiran Syntex has the highest 1-year return at 35.35%, while Nivaka Fashions has the lowest at -78.24%, with Prem. Synthetic's return at -23.27%.

Peers: The peers of Prem. Synthetic are Peeti Securities, Nivaka Fashions, Sri Lak.Sar.Arni, Minaxi Textiles, Jagjanani Text., Jayatma Industri, Amraworld Agrico, Kiran Syntex, and Supertex Inds.<BR><BR>Quality Snapshot: Average management risk is observed at Peeti Securities, Jayatma Industri, and the rest. Below Average management risk is found at Nivaka Fashions, Sri Lak.Sar.Arni, Minaxi Textiles, Amraworld Agrico, Kiran Syntex, Supertex Inds., and the rest. Growth is Below Average for Nivaka Fashions, Sri Lak.Sar.Arni, Minaxi Textiles, Jagjanani Text., Jayatma Industri, Amraworld Agrico, Supertex Inds., and the rest, while Kiran Syntex shows Average growth. Capital Structure is Good at Peeti Securities and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kiran Syntex at 35.35%, while the peer with the lowest is Nivaka Fashions at -78.24%. Prem. Synthetic's 1-year return of -23.27% is better than Nivaka Fashions but worse than Kiran Syntex. Additionally, several peers, including Nivaka Fashions, Sri Lak.Sar.Arni, Minaxi Textiles, Jayatma Industri, Amraworld Agrico, Kiran Syntex, and Supertex Inds., have negative six-month returns.

What does Prem. Synthetic do?

Premier Synthetics Ltd is a micro-cap company in the Garments & Apparels industry, focused on manufacturing cotton yarn, with a market cap of INR 7 Cr and reported net sales of 2 Cr and net profit of 0 Cr for the quarter ending March 2026. The company has a debt equity ratio of 0.30 and a return on equity of -6.66%.

Overview:<BR>Premier Synthetics Ltd is a micro-cap company in the Garments & Apparels industry, primarily engaged in the manufacturing of cotton yarn.<BR><BR>History:<BR>The company was incorporated on 9 October 1970 as 'Premier Synthetics and Processors Limited' in Maharashtra and was later renamed to 'Premier Synthetics Limited' in 1992. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 2 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>- Market cap: INR 7 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.30<BR>- Return on Equity: -6.66%<BR>- Price to Book: 0.27<BR><BR>Contact Details:<BR>Address: Surana House Swastik X Road, Opp Narnarayan Cpx Navrangpura Ahmedabad Gujarat : 380009<BR>Tel: 079-26430946/26431558<BR>Email: premiersynthetics@gmail.com<BR>Website: http://www.premiersyntheticsltd.com

Are Premier Synthetics Ltd latest results good or bad?

Premier Synthetics Ltd's latest results show a return to profitability with a net profit of ₹0.27 crore, but a significant decline in net sales (11.44% quarter-on-quarter and 40.86% year-on-year) raises concerns about operational challenges, making the overall assessment unfavorable.

The latest results for Premier Synthetics Ltd present a mixed picture. On one hand, the company reported a net profit of ₹0.27 crore for Q4 FY26, which is a significant improvement of 125.71% compared to the previous quarter. This marks a return to profitability after two consecutive quarters of losses. Additionally, the operating margin improved to 12.92%, a notable recovery from a deeply negative margin in the previous quarter.<BR><BR>However, the overall performance is overshadowed by concerning trends in net sales. The company experienced a decline in net sales of 11.44% quarter-on-quarter and a staggering 40.86% year-on-year, indicating serious operational challenges and a significant drop in demand. This decline marks the lowest quarterly revenue in recent periods, raising questions about the sustainability of the business.<BR><BR>Furthermore, while the profit after tax margin appears healthy at 15.17%, it is heavily supported by other income, which has decreased from the previous quarter. The return on equity remains low at 2.64%, and the company has reported negative returns on capital employed, which are critical red flags.<BR><BR>In summary, while there are signs of a technical recovery in profitability, the underlying business fundamentals are weak, and the significant drop in sales suggests that Premier Synthetics is facing substantial operational difficulties. Therefore, the overall assessment of the latest results leans towards being unfavorable.

When is the next results date for Premier Synthetics Ltd?

The next results date for Premier Synthetics Ltd is 29 May 2026.

The next results date for Premier Synthetics Ltd is scheduled for 29 May 2026.

Should I buy, sell or hold Premier Synthetics Ltd?

How has been the historical performance of Prem. Synthetic?

Prem. Synthetic has experienced significant fluctuations in financial performance, with net sales peaking at 58.32 Cr in March 2022 and declining to 14.80 Cr by March 2025, alongside a drop in operating profit and EPS, although the PAT margin showed slight improvement to 5.47% in March 2025.

Answer:<BR>The historical performance of Prem. Synthetic shows significant fluctuations in its financial metrics over the years.<BR><BR>Breakdown:<BR>Prem. Synthetic's net sales have varied considerably, peaking at 58.32 Cr in March 2022, then declining to 14.80 Cr by March 2025. The total operating income followed a similar trend, with a high of 58.32 Cr in March 2022 and dropping to 14.80 Cr in March 2025. The company faced challenges with raw material costs, which were highest at 43.08 Cr in March 2023, while the purchase of finished goods surged to 11.94 Cr in March 2025. Operating profit (PBDIT) excluding other income was negative at -1.11 Cr in March 2025, contrasting with a positive 3.63 Cr in March 2022. Profit before tax showed a decline from 2.59 Cr in March 2022 to 0.81 Cr in March 2025. The earnings per share (EPS) also reflected this volatility, with a high of 5.45 in March 2022, dropping to 3.25 in March 2025 after a negative EPS of -4.81 in March 2024. The PAT margin improved slightly to 5.47% in March 2025 from 4.63% in March 2024, indicating some recovery despite the overall decline in sales and profits.

Who are the top shareholders of the Prem. Synthetic?

The top shareholders of Prem. Synthetic include Gautamchand Kewalchand Surana with 23.07%, individual investors with 46.69%, and Sunny Sunil Singhi as the highest public shareholder at 7.07%. There are also mutual funds holding 3.4%, but no foreign institutional investors currently own shares.

The top shareholders of Prem. Synthetic include Gautamchand Kewalchand Surana, who holds the highest promoter stake at 23.07%. The majority of the company's shares are held by non-institutional investors, with individual investors collectively owning 46.69%. Additionally, Sunny Sunil Singhi is the highest public shareholder, holding 7.07%. The company also has mutual funds involved, with two schemes holding a total of 3.4%, while there are no foreign institutional investors (FIIs) currently holding shares.

Is Prem. Synthetic overvalued or undervalued?

As of May 30, 2023, Prem. Synthetic is considered undervalued with a low PE ratio of 8.94 and a valuation grade shift from expensive to risky, despite a 28.40% return over the past year, indicating it trades at a significant discount compared to peers like K P R Mill Ltd and Trident.

As of 30 May 2023, the valuation grade for Prem. Synthetic has moved from expensive to risky, indicating a shift in perception regarding its financial health and market position. The company is currently considered undervalued based on its low valuation ratios, including a price-to-earnings (PE) ratio of 8.94, a price-to-book value of 0.33, and a PEG ratio of 0.06. These figures suggest that the stock may be trading at a significant discount relative to its earnings growth potential.<BR><BR>In comparison to its peers, Prem. Synthetic's PE ratio is notably lower than that of K P R Mill Ltd, which has a PE of 47.51, and Trident, which stands at 42.6. Additionally, the company's EV to EBITDA ratio of -15.47 further emphasizes its current challenges, especially when compared to the industry average. Despite the recent stock performance showing a 28.40% return over the past year, which outpaces the Sensex's 7.58%, the overall valuation metrics indicate that Prem. Synthetic is undervalued in the context of its market and industry peers.

What is the technical trend for Prem. Synthetic?

As of June 5, 2025, the market trend is mildly bearish, influenced by daily moving averages and overall bearish indicators, despite some mildly bullish signals from weekly MACD and KST.

As of 5 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating a bearish trend. While the weekly MACD and KST show mildly bullish signals, the monthly MACD and Bollinger Bands reflect a bearish outlook. The Dow Theory supports a mildly bullish view on both weekly and monthly time frames, but overall, the bearish indicators dominate the current analysis.

Has Prem. Synthetic declared dividend?

No Dividend History Available