Suncity Synth.

Why is Suncity Synthetics Ltd falling/rising?

As of 17-Jul, Suncity Synthetics Ltd's stock price is at 8.95, reflecting a year-to-date decline of 34.58% and trading below all major moving averages, indicating a bearish trend and decreased investor participation.

As of 17-Jul, Suncity Synthetics Ltd's stock price is falling, currently at 8.95, reflecting a decrease of 0.04 or 0.44%. This decline is evident in the stock's performance over the past week, where it has decreased by 0.44%, contrasting with a 0.75% increase in the Sensex. Additionally, the stock has shown a significant year-to-date decline of 34.58%, while the benchmark index has only fallen by 8.30% during the same period.<BR><BR>The stock's trading patterns indicate erratic behavior, as it did not trade on 2 out of the last 20 days. Furthermore, Suncity Synthetics Ltd is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. Investor participation has also decreased, with a delivery volume of 51 on 16 July, down by 52.43% compared to the 5-day average. This decline in trading activity and liquidity further contributes to the downward pressure on the stock price.

Which are the latest news on Suncity Synth.?

How big is Suncity Synth.?

As of 10th June, Suncity Synthetics Ltd has a market capitalization of 4.00 Cr, with recent net sales of 0.74 Cr and a net profit of 0.04 Cr. Shareholder's funds reported a loss of 0.48 Cr, while total assets were valued at 1.82 Cr.

As of 10th June, Suncity Synthetics Ltd has a market capitalization of 4.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Suncity Synthetics Ltd reported Net Sales of 0.74 Cr and a Net Profit of 0.04 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds stood at a loss of 0.48 Cr and Total Assets were valued at 1.82 Cr.

Who are in the management team of Suncity Synth.?

The management team of Suncity Synth includes Suresh Dhanraj Kawar (Managing Director), Rachana Akshaya Kataria and Deepak Sharma (Independent Directors), Pooanam Jain (Whole-time Director), and Mridula Agarwal (Company Secretary & Compliance Officer). They are responsible for overseeing the company's operations and governance.

The management team of Suncity Synth includes the following individuals:<BR><BR>1. **Suresh Dhanraj Kawar** - Managing Director<BR>2. **Rachana Akshaya Kataria** - Independent Director<BR>3. **Pooanam Jain** - Whole-time Director<BR>4. **Deepak Sharma** - Independent Director<BR>5. **Mridula Agarwal** - Company Secretary & Compliance Officer<BR><BR>These members play key roles in overseeing the company's operations and governance.

Who are the peers of the Suncity Synth.?

Suncity Synth.'s peers include Amraworld Agrico, Kiran Syntex, Supertex Inds., Kakatiya Textile, Mafia Trends, Rajvir Inds., Svarnim Trade Ud, Gangotri Textile, and Sahaj Fashions. Most peers exhibit below average management risk, growth, and capital structure, with Suncity Synth. showing a 1-year return of -58.77%.

Peers: The peers of Suncity Synth. are Amraworld Agrico, Kiran Syntex, Supertex Inds., Kakatiya Textile, Mafia Trends, Rajvir Inds., Svarnim Trade Ud, Gangotri Textile, and Sahaj Fashions.<BR><BR>Quality Snapshot: Below Average management risk is observed at Amraworld Agrico, Kiran Syntex, Supertex Inds., Mafia Trends, Sahaj Fashions, and Suncity Synth., while Kakatiya Textile, Rajvir Inds., Svarnim Trade Ud, and Gangotri Textile do not qualify. Average growth is found at Kiran Syntex and Mafia Trends, while Below Average growth is noted for Amraworld Agrico, Supertex Inds., Suncity Synth., and Sahaj Fashions, with Kakatiya Textile, Rajvir Inds., Svarnim Trade Ud, and Gangotri Textile not qualifying. Below Average capital structure is present in Amraworld Agrico, Kiran Syntex, Supertex Inds., Suncity Synth., and Sahaj Fashions, while Kakatiya Textile, Rajvir Inds., Svarnim Trade Ud, and Gangotri Textile do not qualify.<BR><BR>Return Snapshot: Mafia Trends has the highest 1-year return at -52.02%, while Suncity Synth. has a 1-year return of -58.77%, indicating that Suncity Synth. performs worse than Mafia Trends. Additionally, Amraworld Agrico, Supertex Inds., Kakatiya Textile, Suncity Synth., Mafia Trends, Rajvir Inds., Svarnim Trade Ud, and Gangotri Textile all have negative six-month returns.

What does Suncity Synth. do?

Suncity Synthetics Ltd manufactures polyester staple fiber and nylon granules in the Garments & Apparels industry, with a market cap of INR 4 Cr and reported net sales and profit of 0 Cr for the quarter ending March 2026. The company has a negative debt-equity ratio and a return on equity of 36%.

Overview: <BR>Suncity Synthetics Ltd is engaged in the manufacture of polyester staple fiber and nylon granules, operating within the Garments & Apparels industry and classified as a Micro Cap company.<BR><BR>History: <BR>Suncity Synthetics Ltd was incorporated in 1988. The latest quarterly results reported net sales and net profit of 0 Cr for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 0 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 4 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: -0.24 <BR>Return on Equity: 36.00% <BR>Price to Book: -3.72<BR><BR>Contact Details: <BR>Address: 205 Rajhans Complex, Ring Road Surat Gujarat : 395002 <BR>Website: http://www.suncitysyntheticsltd.com

Should I buy, sell or hold Suncity Synthetics Ltd?

Are Suncity Synthetics Ltd latest results good or bad?

Suncity Synthetics Ltd's latest results are poor, showing a net loss of ₹0.06 crores in Q4 FY26 and a significant decline in operational efficiency, leading to a "Strong Sell" rating and a recommendation for investors to avoid the stock. The company faces severe financial challenges, including negative book value and a shrinking asset base.

Suncity Synthetics Ltd's latest results indicate a challenging financial situation. In Q4 FY26, the company reported a net loss of ₹0.06 crores, which is a significant decline of 175% compared to the previous quarter. While revenue increased by 45.45% to ₹0.32 crores, this growth is overshadowed by ongoing operational inefficiencies, as evidenced by an operating margin of -62.50%, which has deteriorated from -59.09% in the prior quarter.<BR><BR>The company also has a negative book value of ₹-0.98 per share, reflecting severe accumulated losses that have wiped out shareholder equity. Furthermore, Suncity Synthetics has faced a dramatic decline in its asset base, with fixed assets shrinking by 82.21% year-on-year. <BR><BR>Overall, the financial performance reveals a company struggling with profitability and operational viability, leading to a "Strong Sell" rating and a recommendation for investors to avoid the stock entirely. The outlook remains grim, with no clear path to recovery in sight.

When is the next results date for Suncity Synthetics Ltd?

The next results date for Suncity Synthetics Ltd is 30 May 2026.

The next results date for Suncity Synthetics Ltd is scheduled for 30 May 2026.

How has been the historical performance of Suncity Synth.?

Suncity Synth has experienced a significant decline in net sales and profitability, with net sales dropping from 46.02 Cr in March 2019 to 1.17 Cr in March 2025, resulting in negative profit after tax of -0.56 Cr. Despite a slight recovery in cash flow from operating activities, the company's overall financial health is deteriorating, indicated by negative earnings per share and declining total assets.

Answer:<BR>The historical performance of Suncity Synth shows a significant decline in net sales and profitability over the years, culminating in a negative profit after tax in the most recent year.<BR><BR>Breakdown:<BR>Suncity Synth's net sales have decreased sharply from 46.02 Cr in March 2019 to just 1.17 Cr in March 2025. Other operating income has consistently remained at zero, leading to total operating income following the same downward trend, dropping from 46.02 Cr in March 2019 to 1.17 Cr in March 2025. The company's total expenditure, excluding depreciation, has also decreased but at a slower rate, resulting in operating losses, with an operating profit of -0.39 Cr in March 2025 compared to a profit of 3.24 Cr in March 2019. Profit before tax has been negative in several years, with the latest figure at -0.59 Cr. Consequently, profit after tax has also turned negative, reaching -0.56 Cr in March 2025, following a brief positive period in March 2024. The company's total assets have declined from 18.17 Cr in March 2020 to 1.82 Cr in March 2025, while total liabilities have decreased from 12.24 Cr to 0.05 Cr in the same period. Cash flow from operating activities has shown some recovery with a positive cash flow of 2.00 Cr in March 2025, but overall, the financial health of Suncity Synth appears to be deteriorating, as indicated by negative earnings per share and a declining book value per share.

Who are the top shareholders of the Suncity Synth.?

The top shareholder of Suncity Synth is Sumita Mishra, owning 45.46%, followed by Harsha Hitesh Javeri with 4.14%. Individual investors hold 37.03%, and mutual funds have a combined 3.02%, with no foreign institutional investors involved.

The top shareholders of Suncity Synth include Sumita Mishra, who holds the largest stake at 45.46%. Following her, the highest public shareholder is Harsha Hitesh Javeri, with a holding of 4.14%. Additionally, individual investors collectively own 37.03% of the company. There are also three mutual fund schemes that hold a combined total of 3.02%, but there are no foreign institutional investors involved.

Is Suncity Synth. overvalued or undervalued?

As of April 25, 2023, Suncity Synth. is rated as risky and overvalued due to negative financial ratios, including a PE ratio of -8.36, and has underperformed its peers and the Sensex with a year-to-date return of -12.18%.

As of 25 April 2023, the valuation grade for Suncity Synth. has moved from does not qualify to risky. The company is currently considered overvalued, reflected by a PE ratio of -8.36, an EV to EBITDA of -8.33, and a PEG ratio of 0.00. These negative ratios indicate significant financial distress, as they suggest that the company is not generating positive earnings or cash flows.<BR><BR>In comparison to its peers, Suncity Synth. stands out negatively against K P R Mill Ltd, which has a PE ratio of 47.51, and Trident, with a PE ratio of 42.6. This stark contrast highlights the challenges Suncity Synth. faces in the garments and apparel industry. Additionally, while Suncity Synth. has experienced a 1-week return of 6.93%, it has underperformed the Sensex over the longer term, with a year-to-date return of -12.18% compared to the Sensex's 5.64%.

What is the technical trend for Suncity Synth.?

As of June 2, 2025, Suncity Synth's technical trend is mildly bearish, influenced by bearish moving averages and Bollinger Bands, despite some mixed signals from the MACD and RSI.

As of 2 June 2025, the technical trend for Suncity Synth has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals across time frames. The RSI shows no signal on both weekly and monthly charts, indicating a lack of momentum. Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing a negative outlook. Daily moving averages are bearish, further contributing to the overall mildly bearish sentiment. Dow Theory shows a mildly bearish stance on the weekly chart but is mildly bullish on the monthly, adding to the complexity of the trend. Overall, the current technical stance is mildly bearish, driven primarily by the bearish moving averages and Bollinger Bands, despite some mildly bullish indicators on the weekly MACD and KST.

Has Suncity Synth. declared dividend?

No Dividend History Available