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 02-Feb, the stock price of Vera Synthetic Ltd is at 69.90, showing no change and underperforming the sector by -0.36%. The stock has declined 8.09% over the past year and is trading below key moving averages, indicating a downward trend.

As of 02-Feb, the stock price of Vera Synthetic Ltd is currently at 69.90, with no change from the previous trading session. The stock has been underperforming, as indicated by its performance today, where it has underperformed the sector by -0.36%. Over the past eight weeks, the stock has consistently fallen, generating 0% returns during this period. Additionally, Vera Synthetic is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a downward trend in its price.<BR><BR>In terms of broader performance metrics, the stock has shown a decline of 8.09% over the past year, contrasting sharply with the Sensex, which has increased by 6.84% in the same timeframe. Year-to-date, the stock has also not fared well, with a 0% return compared to the Sensex's decline of 3.98%. While there has been a slight increase in investor participation, as evidenced by a delivery volume of 1.5k on 27 October, this has not translated into positive price movement.<BR><BR>Overall, the combination of consistent weekly declines, underperformance against benchmarks, and trading below key moving averages indicates that Vera Synthetic Ltd is currently experiencing a downward trend in its stock price.