Financials Commercial Syn Bags Limited

Equities

COMSYN

INE073V01015

Non-Paper Containers & Packaging

Market Closed - Bombay S.E. 03:30:53 28/06/2024 pm IST 5-day change 1st Jan Change
77.21 INR +1.22% Intraday chart for Commercial Syn Bags Limited +10.19% +1.23%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 531.8 472.7 511.7 1,289 3,061 3,401
Enterprise Value (EV) 1 872.5 969.5 1,028 2,127 3,893 4,156
P/E ratio 8.64 x 4.22 x 4.48 x 10.8 x 17.7 x 40.9 x
Yield - 3.75% 3.46% 1.83% 0.81% -
Capitalization / Revenue 0.33 x 0.23 x 0.27 x 0.6 x 0.94 x 1.17 x
EV / Revenue 0.54 x 0.47 x 0.54 x 1 x 1.2 x 1.43 x
EV / EBITDA 5.81 x 3.67 x 4.08 x 8.78 x 11 x 16.7 x
EV / FCF -5.95 x -5.84 x 42.3 x -7.18 x -26.5 x -41.3 x
FCF Yield -16.8% -17.1% 2.36% -13.9% -3.77% -2.42%
Price to Book 1.11 x 0.81 x 0.74 x 1.64 x 3.04 x 2.82 x
Nbr of stocks (in thousands) 35,452 35,452 35,452 35,452 35,452 39,952
Reference price 2 15.00 13.33 14.43 36.37 86.33 85.13
Announcement Date 08/08/18 24/08/19 06/09/20 07/09/21 08/09/22 29/08/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 1,611 2,069 1,910 2,137 3,240 2,899
EBITDA 1 150.1 264 252 242.3 352.7 249.2
EBIT 1 110 202.9 184.2 168.2 259.5 154.3
Operating Margin 6.83% 9.81% 9.64% 7.87% 8.01% 5.32%
Earnings before Tax (EBT) 1 89.82 148.6 144.4 145.1 211.9 94.59
Net income 1 61.59 112.1 114.2 119.8 183.1 80.87
Net margin 3.82% 5.42% 5.98% 5.61% 5.65% 2.79%
EPS 2 1.737 3.160 3.222 3.380 4.880 2.079
Free Cash Flow 1 -146.7 -166.1 24.29 -296.4 -146.9 -100.7
FCF margin -9.1% -8.03% 1.27% -13.87% -4.53% -3.48%
FCF Conversion (EBITDA) - - 9.64% - - -
FCF Conversion (Net income) - - 21.26% - - -
Dividend per Share - 0.5000 0.5000 0.6667 0.7000 -
Announcement Date 08/08/18 24/08/19 06/09/20 07/09/21 08/09/22 29/08/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 341 497 517 838 832 755
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.27 x 1.882 x 2.05 x 3.458 x 2.36 x 3.029 x
Free Cash Flow 1 -147 -166 24.3 -296 -147 -101
ROE (net income / shareholders' equity) 13.8% 21.1% 17.9% 16.2% 19.9% 7.15%
ROA (Net income/ Total Assets) 6.68% 10.2% 8.32% 6.24% 7.76% 4.31%
Assets 1 922.7 1,094 1,373 1,919 2,360 1,876
Book Value Per Share 2 13.50 16.50 19.40 22.20 28.40 30.20
Cash Flow per Share 2 1.530 0.9500 0.1000 0.6700 0.1800 0.0200
Capex 1 162 193 178 187 184 428
Capex / Sales 10.05% 9.31% 9.3% 8.76% 5.69% 14.77%
Announcement Date 08/08/18 24/08/19 06/09/20 07/09/21 08/09/22 29/08/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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