Prem. Synthetic

Who are in the management team of Prem. Synthetic?

As of March 2023, the management team of Prem. Synthetic includes Gautamchand Surana (Managing Director), Sanjaykumar Vinodbhai Majethia (Director), and four Independent Non Executive Directors: Sunny Sunil Singhi, Sachin Kansal, Jayesh Jain, and Anusha Maheshwary.

As of March 2023, 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>These individuals comprise the board of directors overseeing the company's operations.

What does Prem. Synthetic do?

Premier Synthetics Ltd is a micro-cap company in the Garments & Apparels industry, primarily manufacturing cotton yarn, with a market cap of Rs 9 Cr and reported net sales of 3 Cr and net profit of 1 Cr for March 2025. The company has a P/E ratio of 9.00 and a debt-equity ratio of 0.30.

Overview: <BR>Premier Synthetics Ltd is a micro-cap company operating 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 later changed its name to 'Premier Synthetics Limited' in 1992. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 3 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 9 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 9.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.30 <BR>Return on Equity: 2.99% <BR>Price to Book: 0.32 <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

Has Prem. Synthetic declared dividend?

No Dividend History Available

Who are the peers of the Prem. Synthetic?

Peers of Prem. Synthetic include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Haria Apparels, Parmeshwari Silk, Amit Internation, and Nutech Global. Prem. Synthetic has below-average management risk and growth, with a 1-year return of 34.61%, outperforming peers like Vedant Fashions, which has a return of -24.55%.

Peers: The peers of Prem. Synthetic are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Haria Apparels, Parmeshwari Silk, Amit Internation, and Nutech Global.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent. Average management risk is present at Trident, and Below Average management risk is noted for Prem. Synthetic and Nutech Global. Growth is Excellent at K P R Mill Ltd and Page Industries, while Good growth is seen at Trent. Below Average growth is noted for Prem. Synthetic, Vedant Fashions, and Trident, while Haria Apparels, Parmeshwari Silk, and Amit Internation do not qualify. Capital Structure is Excellent at Page Industries and K P R Mill Ltd, Good at Trident, and Below Average for Prem. Synthetic and Nutech Global, with Haria Apparels, Parmeshwari Silk, and Amit Internation not qualifying.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while Vedant Fashions has the lowest at -24.55%. Prem. Synthetic's 1-year return of 34.61% is higher than both of these peers. Additionally, Trident, Vedant Fashions, and Nutech Global have negative six-month returns.

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.

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.

How big is Prem. Synthetic?

As of 24th July, Premier Synthetics Ltd has a market capitalization of 10.00 Cr, with recent Net Sales of 14.80 Cr and a Net Profit of 1.49 Cr; specific values for Shareholder's Funds and Total Assets are unavailable.

As of 24th July, Premier Synthetics Ltd has a market capitalization of 10.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 14.80 Cr and a Net Profit of 1.49 Cr.<BR><BR>The reporting period for the balance sheet is the latest annual period. However, specific values for Shareholder's Funds and Total Assets are not available.

When is the next results date for Prem. Synthetic?

The next results date for Prem. Synthetic is 14 November 2025.

The next results date for Prem. Synthetic is scheduled for 14 November 2025.

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.

Are Premier Synthetics Ltd latest results good or bad?

Premier Synthetics Ltd's latest results are concerning, showing a net loss of ₹1.05 crores in Q2 FY26 compared to a profit in the previous quarter, despite a 29.19% revenue growth. The company faces significant operational challenges, reflected in a negative operating margin and reliance on other income, indicating deteriorating financial health.

The latest results for Premier Synthetics Ltd indicate a challenging situation for the company. In Q2 FY26, the company reported a net loss of ₹1.05 crores, a significant decline from a profit of ₹0.04 crores in the previous quarter (Q1 FY26). This marks a troubling trend, as the operating margin fell to -27.88%, suggesting that the company is incurring substantial losses on its operations.<BR><BR>On a positive note, revenue did show growth, increasing by 29.19% quarter-over-quarter to ₹4.16 crores. However, this growth is overshadowed by the company's inability to convert sales into profits, as evidenced by a negative profit after tax (PAT) margin of -25.24%. <BR><BR>Overall, while there was some revenue recovery, the operational inefficiencies and persistent losses indicate that the company's financial health is deteriorating. The reliance on other income to mitigate losses further complicates the outlook, raising concerns about the sustainability of its operations. Therefore, the results can be characterized as bad, reflecting significant operational challenges and a lack of profitability.

Should I buy, sell or hold Premier Synthetics Ltd?

Why is Premier Synthetics Ltd falling/rising?

As of 04-Mar, Premier Synthetics Ltd's stock price is rising to 15.50, reflecting a 3.33% increase. However, long-term challenges such as poor financial health, declining investor interest, and trading below moving averages indicate that this rise may not be sustainable.

As of 04-Mar, Premier Synthetics Ltd's stock price is rising, currently at 15.50, reflecting a change of 0.5 or 3.33% increase. This rise can be attributed to a few key factors. Firstly, the stock has outperformed its sector by 4.86% today, indicating a relative strength compared to its peers. Additionally, the stock has experienced a trend reversal, gaining after two consecutive days of decline, which may have encouraged some investors to buy in.<BR><BR>However, despite the short-term rise, the stock faces significant long-term challenges. It is trading below its moving averages across various time frames, indicating a bearish trend overall. Furthermore, there has been a notable decline in investor participation, with delivery volume dropping by 62.69% against the 5-day average, suggesting waning interest among investors.<BR><BR>The company's financial health raises concerns as well. With operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -0.43, the long-term fundamental strength of the company is weak. The net sales and profit after tax have both decreased by 20.36% over the last nine months, and the company has reported a negative EBITDA, which adds to the risk associated with investing in this stock.<BR><BR>In summary, while Premier Synthetics Ltd is experiencing a rise in stock price in the short term, the underlying financial issues and declining investor interest suggest that this may not be a sustainable trend.

Which are the latest news on Prem. Synthetic?