Suncity Synth.

Why is Suncity Synthetics Ltd falling/rising?

As of 10-Jun, Suncity Synthetics Ltd's stock price is Rs 7.50, down 0.27%, with significant declines over various periods, including a 42.31% drop in the past month and a 56.90% decrease over the past year. The stock is trading below its moving averages and near its 52-week low, indicating a bearish trend and declining investor participation.

As of 10-Jun, Suncity Synthetics Ltd's stock price is currently at Rs 7.50, reflecting a decrease of Rs 0.02, or 0.27%. The stock has shown a significant decline over various periods, with a 1-week drop of 5.18% and a staggering 42.31% decrease over the past month. Year-to-date, the stock has fallen by 45.18%, and over the past year, it has decreased by 56.90%. <BR><BR>The stock is also trading lower than its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 4.67% above the low of Rs 7.15. <BR><BR>Investor participation appears to be declining, as evidenced by a delivery volume of 1.25k on June 9, which is down by 3.67% compared to the 5-day average. This decline in trading activity, combined with the overall negative performance relative to the benchmark Sensex, suggests that the stock is experiencing downward pressure. Overall, these factors contribute to the falling price of Suncity Synthetics Ltd.

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.

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.

Who are in the management team of Suncity Synth.?

As of March 2022, 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).

As of March 2022, 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 the governance and management of the company.

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

Who are the peers of the Suncity Synth.?

Suncity Synth.'s peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Suumaya Corp., Peeti Securities, Prem. Synthetic, Haria Apparels, and Parmeshwari Silk. K P R Mill Ltd shows excellent growth and management risk, while Suncity Synth. has a below-average capital structure and a 1-year return of -35.06%.

Peers: The peers of Suncity Synth. are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Suumaya Corp., Peeti Securities, Prem. Synthetic, Haria Apparels, Parmeshwari Silk.<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 noted for Trident and Suumaya Corp., while Below Average management risk is present at Peeti Securities and Prem. Synthetic. Haria Apparels and Parmeshwari Silk do not qualify for management risk assessment. In terms of growth, Excellent growth is seen at K P R Mill Ltd, while Good growth is noted at Trent. Below Average growth is found at Page Industries, Vedant Fashions, Trident, Suumaya Corp., Peeti Securities, and Prem. Synthetic. Haria Apparels and Parmeshwari Silk do not qualify for growth assessment. For capital structure, Excellent capital structure is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good capital structure is noted at Trident and Peeti Securities. Below Average capital structure is present at Suumaya Corp., Prem. Synthetic, and Suncity Synth., with Haria Apparels and Parmeshwari Silk not qualifying.<BR><BR>Return Snapshot: K P R Mill Ltd has the highest 1-year return at 41.09%, while Vedant Fashions has the lowest at -24.65%. Suncity Synth.'s 1-year return is -35.06%, which is lower than both of these peers. Additionally, the six-month returns for Vedant Fashions, Trident, Suumaya Corp., and Suncity Synth. are all negative.