Vera Synthetic

When is the next results date for Vera Synthetic?

No Upcoming Board Meetings

Has Vera Synthetic declared dividend?

No Dividend History Available

What is the technical trend for Vera Synthetic?

As of May 21, 2025, Vera Synthetic's trend is mildly bearish, influenced by daily moving averages and weekly RSI showing bearish momentum, despite some mixed signals from the MACD and other indicators.

As of 21 May 2025, the technical trend for Vera Synthetic has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the weekly RSI showing bearish momentum. The MACD on the weekly timeframe is mildly bullish, which contrasts with the monthly MACD being mildly bearish, suggesting mixed signals. Bollinger Bands and KST also reflect a mildly bearish outlook on both weekly and monthly timeframes. Overall, while there are some mildly bullish indicators, the prevailing sentiment remains bearish with limited strength.

Who are the peers of the Vera Synthetic?

Vera Synthetic's peers include Patspin India, Spenta Intl., Khoobsurat Ltd, and others, with varying management risks and growth ratings. Vera Synthetic leads with a 1-year return of 94.39%, while all peers show a return of 0.00%.

Peers: Vera Synthetic, Patspin India, Spenta Intl., Khoobsurat Ltd, Maris Spinners, Aditya Spinners, Hindoo. Mills, Gujarat Hy-Spin, Bluechip Tex Ind, Shubham Polyspin.<BR><BR>Quality Snapshot: Excellent management risk is observed at none of the peers, while Average management risk is found at Vera Synthetic, Spenta Intl., and Maris Spinners. Below Average management risk is noted at Aditya Spinners, Hindoo. Mills, Gujarat Hy-Spin, Bluechip Tex Ind, Shubham Polyspin, and Sh. Rajas. Synt. In terms of growth, Vera Synthetic and the rest have Below Average growth, while Patspin India, Khoobsurat Ltd, and the rest do not qualify. Capital structure is rated as Good for Vera Synthetic, Average for Bluechip Tex Ind, and Below Average for the remaining peers.<BR><BR>Return Snapshot: Vera Synthetic has the highest 1-year return at 94.39%, while Patspin India, Spenta Intl., Khoobsurat Ltd, Maris Spinners, Aditya Spinners, Hindoo. Mills, Gujarat Hy-Spin, Bluechip Tex Ind, Shubham Polyspin, and Sh. Rajas. Synt. all have a 1-year return of 0.00%. Vera Synthetic's return significantly outperforms all peers. Additionally, all peers have a six-month return of 0.00%, indicating no negative returns.

Who are in the management team of Vera Synthetic?

As of March 2022, the management team of Vera Synthetic includes Sunil Makwana (Chairman & Managing Director), Devjibhai Makwana (Executive Director), Dineshbhai Patel (Independent Director), Ravikumar Adhiya (Independent Director), Kruti Shah (Company Secretary & Compliance Officer), and Meera Sunil Makwana (Whole-time Director). Each member contributes to the company's governance and operations.

As of March 2022, the management team of Vera Synthetic includes the following individuals:<BR><BR>1. Sunil Makwana - Chairman & Managing Director<BR>2. Devjibhai Makwana - Executive Director<BR>3. Dineshbhai Patel - Independent Director<BR>4. Ravikumar Adhiya - Independent Director<BR>5. Kruti Shah - Company Secretary & Compliance Officer<BR>6. Meera Sunil Makwana - Whole-time Director<BR><BR>Each member plays a distinct role in the governance and operational management of the company.

What does Vera Synthetic do?

Vera Synthetic Ltd manufactures fishing nets, PP yarns, ropes, and twines, operating as a micro-cap company in the garments industry. It was incorporated in 2000 and became public in 2017, with a market cap of INR 50 Cr and a P/E ratio of 24.00.

Overview:<BR>Vera Synthetic Ltd is engaged in the manufacturing of fishing nets, PP yarns, PP/HDPE ropes, PP twines, and niwar, operating within the garments and apparels industry as a micro-cap company.<BR><BR>History:<BR>Vera Synthetic Ltd was originally incorporated as a private company on February 16, 2000, under the name 'Vera Synthetic Private Limited.' It was converted into a public limited company and renamed 'Vera Synthetic Limited' on September 25, 2017. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 50 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 24.00<BR>Industry P/E: 23<BR>Dividend Yield: 0.00%<BR>Debt-Equity: -0.26<BR>Return on Equity: 9.70%<BR>Price to Book: 2.37<BR><BR>Contact Details:<BR>Address: Office No. UL-27 Pattani Plaza, Devubag Dairy Road Bhavnagar Gujarat : 364002<BR>Phone: 91-0278-2525434<BR>Email: info@sujlonropes.com<BR>Website: http://www.sujlonropes.com

Who are the top shareholders of the Vera Synthetic?

The top shareholders of Vera Synthetic include Sunil Devjibhai Makwana with 16.85%, and Sheebaben Yogeshbhai Makwana as the highest public shareholder at 6.08%. Individual investors hold a combined 23.8%, with no mutual funds or foreign institutional investors involved.

The top shareholders of Vera Synthetic include the promoters, with Sunil Devjibhai Makwana holding the largest share at 16.85%. Additionally, Sheebaben Yogeshbhai Makwana is the highest public shareholder, owning 6.08%. Individual investors collectively hold 23.8% of the company's shares. There are currently no mutual funds or foreign institutional investors holding shares in the company.

How big is Vera Synthetic?

As of 23rd July, Vera Synthetic Ltd has a market capitalization of 50.00 Cr, classified as a Micro Cap, with no valid financial data available for Net Sales and Net Profit for the latest four quarters. As of March 2024, Shareholder's Funds are 20.93 Cr and Total Assets are 23.44 Cr.

As of 23rd July, <BR><BR>Market Cap: Vera Synthetic Ltd has a market capitalization of 50.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 20.93 Cr and Total Assets of 23.44 Cr.

Is Vera Synthetic overvalued or undervalued?

As of October 27, 2025, Vera Synthetic is considered very attractive and undervalued with a PE ratio of 16.99, an EV to EBITDA of 9.13, and a PEG ratio of 1.33, despite a recent stock decline of 30.45% over the past week and 26.81% year-to-date, especially when compared to peers like K P R Mill Ltd at a PE of 43.91 and Vardhman Textile at 15.12.

As of 27 October 2025, the valuation grade for Vera Synthetic has moved from attractive to very attractive. The company is currently considered undervalued. Key ratios include a PE ratio of 16.99, an EV to EBITDA of 9.13, and a ROCE of 12.03%. In comparison to peers, K P R Mill Ltd is very expensive with a PE ratio of 43.91, while Vardhman Textile is attractive with a PE ratio of 15.12.<BR><BR>Despite recent stock performance showing a decline of 30.45% over the past week and 26.81% year-to-date, Vera Synthetic's valuation metrics indicate a strong position relative to its peers in the garments and apparels industry. The company's PEG ratio of 1.33 further supports its undervaluation status.

How has been the historical performance of Vera Synthetic?

Vera Synthetic has shown consistent growth in net sales, increasing from 28.10 Cr in March 2021 to 42.16 Cr in March 2025, with profit after tax rising to 2.03 Cr. However, cash flow from operating activities turned negative at -5.00 Cr in March 2025, indicating recent financial challenges.

Answer:<BR>The historical performance of Vera Synthetic shows a gradual increase in net sales and profitability over the years, with the latest figures for March 2025 indicating a net sales of 42.16 Cr and a profit after tax of 2.03 Cr.<BR><BR>Breakdown:<BR>Vera Synthetic's net sales have shown a consistent upward trend, rising from 28.10 Cr in March 2021 to 42.16 Cr in March 2025. Other operating income has also increased, albeit modestly, from 0.17 Cr in March 2019 to 0.33 Cr in March 2025. Total operating income reached 42.49 Cr in March 2025, reflecting a steady growth trajectory. The raw material cost has fluctuated, peaking at 23.71 Cr in March 2025, while total expenditure (excluding depreciation) rose to 38.74 Cr. Operating profit, excluding other income, was 3.75 Cr in March 2025, with a slight increase in profit before tax to 2.73 Cr. The profit after tax has also improved, reaching 2.03 Cr in March 2025 compared to 1.40 Cr in March 2019. The company's total assets increased to 26.70 Cr in March 2025, with total liabilities at 26.70 Cr, indicating a balanced financial position. However, cash flow from operating activities turned negative at -5.00 Cr in March 2025, contrasting with a positive cash flow of 5.00 Cr in March 2024. Overall, Vera Synthetic has demonstrated growth in sales and profitability, although cash flow challenges emerged in the latest reporting period.

Which are the latest news on Vera Synthetic?

Why is Vera Synthetic Ltd falling/rising?

As of 17-Mar, Vera Synthetic Ltd's stock price is stable at 70.00 with no change. Despite slight gains over the past month and increased investor participation, the stock has underperformed its sector today.

As of 17-Mar, Vera Synthetic Ltd's stock price is currently stable at 70.00, showing no change (0.00%). Over the past week, the stock has not experienced any price movement, reflecting a performance of +0.00%, while the benchmark Sensex has declined by 2.80%. In the past month, the stock has slightly increased by 0.14%, contrasting with the Sensex's drop of 8.34%. Year-to-date, the stock has also risen by 0.14%, while the Sensex has fallen by 9.75%.<BR><BR>Despite these modest gains, the stock has underperformed its sector today by 0.76%. Its moving averages indicate that it is performing better than the 20-day and 50-day averages but is lagging behind the 5-day, 100-day, and 200-day averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 400% compared to the 5-day average, suggesting growing interest in the stock. Additionally, the stock remains liquid enough for trading, based on its average traded value.<BR><BR>Overall, while Vera Synthetic Ltd's stock price is stable and shows some positive trends in terms of investor participation and short-term performance, it is currently not experiencing a rise or fall in price.

Why is Vera Synthetic Ltd falling/rising?

As of 18-Mar, the stock price of Vera Synthetic Ltd is at 70.00, showing no change from the previous session. Despite a recent increase in investor participation, the stock has underperformed over the long term, with significant declines compared to the broader market.

As of 18-Mar, the stock price of Vera Synthetic Ltd is currently at 70.00, with no change from the previous trading session. The stock has shown a mixed performance over various periods. Over the past week, it has remained flat with a change of +0.00%, while in the last month, it has seen a slight increase of +0.14%. However, this is in stark contrast to the broader market, as indicated by the Sensex, which has declined by -0.37% over the same week and -7.91% over the past month.<BR><BR>Year-to-date, Vera Synthetic Ltd has also managed a modest gain of +0.14%, while the Sensex has dropped by -9.00%. Despite these small gains, the stock has underperformed significantly over the longer term, with a decline of -3.31% over the past year and a substantial -22.44% over the last three years, compared to a +39.05% increase in the Sensex during that period.<BR><BR>Today's performance indicates that the stock has underperformed its sector by -2.79%. While the stock is trading higher than its 20-day and 50-day moving averages, it is lower than its 5-day, 100-day, and 200-day moving averages, suggesting some volatility and potential weakness in the short to medium term. <BR><BR>On a positive note, there has been a notable increase in investor participation, with delivery volume rising by 400% against the 5-day average, indicating growing interest. However, the overall liquidity remains adequate for trading, as it is based on 2% of the 5-day average traded value.<BR><BR>In summary, while there are some positive indicators such as increased investor participation, the overall performance metrics suggest that Vera Synthetic Ltd is facing challenges, particularly in the longer-term context, which may contribute to the perception of a falling stock price.

Why is Vera Synthetic Ltd falling/rising?

As of 19-Mar, the stock price of Vera Synthetic Ltd is stable at 70.00, with no change today. Despite this, it has outperformed its sector and shown increased investor interest, suggesting a potentially favorable outlook.

As of 19-Mar, the stock price of Vera Synthetic Ltd is stable at 70.00, showing no change (0.00%). Despite this stability, the stock has demonstrated a positive performance relative to the sector today, outperforming it by 2.78%. Over the past week, the stock has maintained a slight increase of 0.00%, while over the past month, it has risen by 0.14%. <BR><BR>Investor participation appears to be increasing, as evidenced by a significant rise in delivery volume, which increased by 400% compared to the 5-day average. This uptick in trading activity suggests a growing interest among investors. Additionally, the stock is currently trading higher than its 20-day and 50-day moving averages, indicating a potential upward trend in the short term, although it is lower than its 5-day, 100-day, and 200-day moving averages.<BR><BR>In comparison to the benchmark Sensex, Vera Synthetic Ltd has shown resilience, with a year-to-date performance of +0.14% against the Sensex's -11.97%. However, over the longer term, the stock has faced challenges, with a decline of 22.44% over the past three years, contrasting sharply with the Sensex's gain of 34.52% during the same period. <BR><BR>Overall, while the stock price remains unchanged today, the positive indicators of increased investor participation and relative outperformance against the sector may contribute to a more favorable outlook for Vera Synthetic Ltd in the near future.

Why is Vera Synthetic Ltd falling/rising?

As of 20-Mar, Vera Synthetic Ltd's stock price is at 67.75, reflecting a decline of 3.21% and a consistent weekly fall for eight weeks. The stock is trading below its moving averages and has decreased 6.42% over the past year, indicating a bearish trend despite increased investor participation.

As of 20-Mar, Vera Synthetic Ltd's stock price is falling, currently at 67.75, which reflects a decrease of 2.25 or 3.21%. This decline is part of a broader trend, as the stock has underperformed the sector by 3.06% today and has experienced a consistent weekly fall for the past eight weeks, accumulating a total return of -3.21% during this period. <BR><BR>Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Over the past year, the stock has also seen a significant decline of 6.42%, while the benchmark Sensex has only fallen by 0.33%. <BR><BR>Despite a notable increase in investor participation, with delivery volume rising by 400% against the 5-day average, the overall performance of the stock remains weak. It is currently 3.99% away from its 52-week high of Rs 70.45, further illustrating the challenges the stock is facing in regaining upward momentum.

Why is Vera Synthetic Ltd falling/rising?

As of 23-Mar, Vera Synthetic Ltd's stock price is rising to Rs 69.00, up 1.85%, despite a recent eight-week decline. Increased investor participation and delivery volume suggest a potential shift in sentiment, even though the stock remains below major moving averages.

As of 23-Mar, Vera Synthetic Ltd's stock price is rising, currently at Rs 69.00, reflecting an increase of Rs 1.25 or 1.85%. This uptick comes despite a broader trend of declining performance, as the stock has fallen every week for the last eight weeks. However, today's performance shows that it has outperformed its sector by 4.19%. Additionally, the stock is close to its 52-week high, being only 2.1% away from Rs 70.45.<BR><BR>Investor participation appears to be increasing, with a notable rise in delivery volume, which doubled to 6,000 shares on March 20 compared to the five-day average. This increase in trading activity may indicate growing interest among investors, contributing to the stock's current rise. Despite trading below all major moving averages, the recent positive performance today and increased investor participation suggest a potential shift in sentiment, at least in the short term.

Why is Vera Synthetic Ltd falling/rising?

As of 24-Mar, Vera Synthetic Ltd's stock price is at 69.00, unchanged from the previous session, with a downward trend indicated by a 1.43% decline over the past week and 1.29% over the past month. The stock has underperformed against the Sensex and is trading below key moving averages, reflecting bearish sentiment and declining investor participation.

As of 24-Mar, Vera Synthetic Ltd's stock price is currently at 69.00, with no change from the previous trading session. The stock has shown a decline of 1.43% over the past week and 1.29% over the past month, indicating a downward trend. Year-to-date, the stock has also decreased by 1.29%, while it has fallen by 4.70% over the past year. <BR><BR>In comparison to the benchmark Sensex, Vera Synthetic has underperformed significantly, especially over the last three years, where it has decreased by 10.91% while the Sensex has increased by 35.22%. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend.<BR><BR>Investor participation appears to be declining, as evidenced by a delivery volume of 3,000 shares on March 23, which represents a 28.57% decrease compared to the 5-day average delivery volume. This drop in trading activity may indicate a lack of confidence among investors, contributing to the stock's current stagnation and potential decline.<BR><BR>Overall, the combination of underperformance against the sector, declining investor participation, and trading below moving averages points to a bearish sentiment surrounding Vera Synthetic Ltd's stock.

Why is Vera Synthetic Ltd falling/rising?

As of 25-Mar, the stock price of Vera Synthetic Ltd is at 69.00, with no change and underperformance compared to the sector. The stock is in a downward trend, indicated by lower trading volumes and declines across various time frames.

As of 25-Mar, the stock price of Vera Synthetic Ltd is currently at 69.00, showing no change (0.00%). The stock has underperformed compared to the sector by 1.69% today. Additionally, it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its price performance. <BR><BR>Investor participation has also declined, with a delivery volume of 3,000 shares on March 23, which is a decrease of 28.57% compared to the 5-day average delivery volume. This drop in trading activity suggests a lack of interest among investors, contributing to the stock's stagnation. <BR><BR>Over the past week, the stock has decreased by 1.43%, while the benchmark Sensex has fallen by 1.98%. In the longer term, the stock has shown a decline of 2.06% over the past year, contrasting with the Sensex's modest decline of 1.53%. Furthermore, the stock has significantly underperformed over the past three years, with a decrease of 10.91%, while the Sensex has increased by 37.54%. <BR><BR>Overall, the combination of underperformance against the sector, lower trading volumes, and a consistent decline in moving averages indicates that Vera Synthetic Ltd is currently experiencing a downward trend in its stock price.