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.

Are Prem. Synthetic latest results good or bad?

The latest results for Premier Synthetics are disappointing, with a 62.22% decline in net sales and a profit after tax of only Rs 0.03 crore, indicating ongoing challenges. The company's financial health has worsened, leading to a 'Strong Sell' recommendation for the stock.

The latest results for Premier Synthetics are quite disappointing. The company reported a significant decline in net sales, which fell by 62.22% year-on-year, totaling Rs 6.23 crore for the last six months. This sharp drop raises concerns about their market position and overall sales performance.<BR><BR>Additionally, the profit after tax (PAT) for the quarter was recorded at Rs 0.03 crore, showing a decrease of 7.7% compared to the average PAT of the previous four quarters. This indicates ongoing challenges for the company.<BR><BR>Moreover, the financial health of Premier Synthetics has deteriorated, as reflected by a drop in their financial score from 0 to -8 over the past three months. The market sentiment is also negative, with a 'Strong Sell' recommendation issued for the stock. Overall, the financial results suggest that Premier Synthetics is currently facing significant difficulties.

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.

Should I buy, sell or hold Premier Synthetics Ltd?

Why is Premier Synthetics Ltd falling/rising?

As of 18-Jan, Premier Synthetics Ltd's stock price is at 16.51, down 5.55%, indicating a bearish trend with underperformance against its sector and declining investor participation. The company faces financial challenges, including operating losses and a low return on equity, contributing to its stock's decline.

As of 18-Jan, Premier Synthetics Ltd's stock price is falling, currently at 16.51, reflecting a change of -0.97 or -5.55%. The stock has underperformed its sector by 5.14% today and has experienced a trend reversal, falling after three consecutive days of gains. 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>Investor participation has also declined, with delivery volume on January 14 dropping by 5.01% compared to the 5-day average. The company's financial health is concerning, as it has reported operating losses and a weak ability to service its debt, evidenced by a poor EBIT to Interest ratio of -0.07. The return on equity stands at a low 2.64%, highlighting low profitability.<BR><BR>Recent financial results have been negative, with a profit before tax of -2.38 crore, which has fallen by 626.7% compared to the previous four-quarter average. Net sales over the last six months have decreased by 32.79%, and the profit after tax has also shown a similar decline. Furthermore, the stock has consistently underperformed against the benchmark over the last three years, with a one-year return of -24.44%. All these factors contribute to the stock's current decline.

Which are the latest news on Prem. Synthetic?