---
title: "Sarita Synthetics and Industries Ltd (530221) — Share Price, Financials & Analysis"
symbol: "530221"
company: "Sarita Synthetics and Industries Ltd"
canonical: "https://tapetide.com/stocks/530221"
isin: "INE941B01015"
bse_code: "530221"
generated_at: "2026-10-13T11:01:34.279Z"
---

# Sarita Synthetics and Industries Ltd (530221)

Canonical page: https://tapetide.com/stocks/530221

## Company

- **BSE Code:** 530221
- **ISIN:** INE941B01015
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Sarita Synthetics and Industries Ltd. engages in manufacturing cotton, texturised polyester fila and other textile products.

## Latest Price

## Key Insights

### Strengths

- Company has delivered good profit growth of 120% CAGR over last 5 years

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -0.63% over past five years.
- Earnings include an other income of Rs.14.1 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -56% | 32% | 120% |
| revenue growth | 111% | 3% | -1% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 5.54 | 12.95 | 0.27 | 2.27 | 0.86 | 3.41 | 1.46 | 1.58 | 1.52 | 1.08 | 0.84 | 0.16 |
| Expenses | 6.42 | 27.02 | 1.63 | 2.62 | 1.13 | 3.16 | 1.32 | 1.92 | 1.37 | 64.64 | 0.92 | 0.3 |
| Operating Profit | -0.88 | -14.07 | -1.36 | -0.35 | -0.27 | 0.25 | 0.14 | -0.34 | 0.15 | -63.56 | -0.08 | -0.14 |
| OPM % | -15.88 | -108.65 | -503.7 | -15.42 | -31.4 | 7.33 | 9.59 | -21.52 | 9.87 | -5885.19 | -9.52 | -87.5 |
| Other Income | 0.15 | 1.35 | 0.01 | 0.03 | 0.03 | -0.07 | 0.01 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0.01 | 0 | 0.01 | 0 | 0 | 0.03 | 0 | 0 | 0 |
| Depreciation | 0.09 | 3.87 | 0.17 | 0.14 | 0.15 | 0.18 | 0.18 | 0.18 | 0.18 | 0.92 | 0.28 | 0.28 |
| Profit before tax | -0.82 | -16.59 | -1.52 | -0.47 | -0.39 | -0.01 | -0.03 | -0.52 | -0.06 | -64.48 | -0.36 | -0.42 |
| Tax % | 0 | -0.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.82 | -16.49 | -1.52 | -0.46 | -0.39 | -0.01 | -0.03 | -0.52 | -0.06 | -64.47 | -0.37 | -0.42 |
| EPS in Rs | -0.07 | -1.33 | -0.12 | -0.04 | -0.03 | 0 | 0 | -0.04 | 0 | -5.2 | -0.03 | -0.03 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 34.46 | 36.4 | 30.6 | 23.38 | 15.85 | 33.38 |
| Expenses | 35.51 | 38.1 | 33.21 | 26.04 | 18.31 | 33.45 |
| Operating Profit | -1.05 | -1.7 | -2.61 | -2.66 | -2.46 | -0.07 |
| OPM % | -3.05 | -4.67 | -8.53 | -11.38 | -15.52 | -0.21 |
| Other Income | 1.77 | 14.94 | 1.3 | 2.42 | 23.8 | 14.1 |
| Interest | 12.1 | 12.22 | 11.82 | 11.46 | 8.91 | 7.41 |
| Depreciation | 8.14 | 9.41 | 9.37 | 9.27 | 0.85 | 0.8 |
| Profit before tax | -19.52 | -8.39 | -22.5 | -20.97 | 11.58 | 5.82 |
| Tax % | -100.61 | 45.41 | -5.73 | -4.77 | -22.88 | -6.7 |
| Net Profit | 0.12 | -12.2 | -21.21 | -19.97 | 14.23 | 6.21 |
| EPS in Rs | 0.04 | -3.94 | -6.84 | -6.44 | 4.59 | 2 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 30.99 | 30.99 | 30.99 | 30.99 | 30.99 | 30.99 |
| Reserves | -77.15 | -89.35 | -110.56 | -130.53 | -111.67 | -96.56 |
| Borrowings | 131.7 | 136.74 | 147.07 | 153.57 | 127.83 | 107.14 |
| Other Liabilities | 33.58 | 47.54 | 36.57 | 9.98 | 16.84 | 25.41 |
| Total Liabilities | 119.12 | 125.92 | 104.07 | 64.01 | 63.99 | 66.98 |
| Fixed Assets | 35.47 | 26.39 | 16.79 | 7.72 | 6.29 | 5.57 |
| CWIP | 0 | 0 | 0 | 0 | 0.07 | 0 |
| Investments | 21.6 | 21.6 | 21.6 | 21.6 | 21.6 | 21.6 |
| Other Assets | 62.05 | 77.93 | 65.68 | 34.69 | 36.03 | 39.81 |
| Total Assets | 119.12 | 125.92 | 104.07 | 64.01 | 63.99 | 66.98 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 16.73 | -6.04 | -0.01 | -0.01 | 1.23 | -2.21 |
| Cash from Investing Activity | -0.82 | 0.15 | 0 | 0 | 0.51 | -0.01 |
| Cash from Financing Activity | -14.37 | 5.04 | 0.01 | 0.01 | -21.13 | 1.96 |
| Net Cash Flow | 1.54 | -0.85 | 0 | 0 | -19.39 | -0.26 |
| Free Cash Flow | 15.91 | -5.89 | -0.01 | -0.01 | 1.74 | -2.22 |
| CFO/OP | -1593 | 355 | 0 | 0 | -50 | 3157 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 1.48 | 35.3 | 44.13 | 40.12 | 3.45 | 1.75 |
| Inventory Days | 134.16 | 100.87 | 85.17 | 85.3 | 150.01 | 108.81 |
| Days Payable | 446.28 | 578.37 | 0 | 0 | 430.87 | 350.43 |
| Cash Conversion Cycle | -310.63 | -442.21 | 129.31 | 125.43 | -277.41 | -239.87 |
| Working Capital Days | 57.62 | 119.93 | 141.47 | 101.16 | -45.83 | -75.45 |
| ROCE % | — | 4.67 | -14.64 | -15.65 | 40.5 | 29.82 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Dec 2017 |
| --- | --- | --- |
| Promoters | 33.63% | 29.02% |
| FIIs | 1.47% | 1.27% |
| DIIs | 9.28% | 21.72% |
| Public | 55.62% | 47.99% |
| No. of Shareholders | 9900 | 9763 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 30.76% | 30.76% | 28.95% | 33.63% | 29.02% | 29.02% | 29.02% |
| FIIs | 1.27% | 1.27% | 1.27% | 1.47% | 1.27% | 1.27% | 1.27% |
| DIIs | 19.98% | 19.98% | 21.66% | 9.28% | 21.72% | 21.72% | 21.72% |
| Public | 47.99% | 47.99% | 48.12% | 55.62% | 47.99% | 47.99% | 47.99% |
| No. of Shareholders | 9805 | 9944 | 10081 | 9900 | 9899 | 9773 | 9763 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2019-06-03 | [Public Announcement](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8AF168D1_09A6_4842_8BF8_CFA4AE11E9F0_101749.pdf) |
| 2019-05-13 | [Intimation of NCLAT Order](https://www.bseindia.com/xml-data/corpfiling/AttachHis/C0FB6A27_470E_4EC8_A1E6_5A7202FC5142_150305.pdf) |
| 2019-04-01 | [Updates regarding Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7C09DF5C_DAFD_4397_AA25_962D2A782067_142927.pdf) |
| 2019-02-16 | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d5675d27-9add-49b0-afcf-c4d5a19ccd4d.pdf) |
| 2019-02-16 | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9807a550-f7ad-4c5e-b2d9-6f32d40de169.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/532318/5323180317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/532318/5323180316.pdf) |
| Mar 2015 | [Financial Year 2015](https://www.bseindia.com/bseplus/AnnualReport/532318/5323180315.pdf) |
| Mar 2014 | [Financial Year 2014](https://www.bseindia.com/bseplus/AnnualReport/532318/5323180314.pdf) |
| Mar 2013 | [Financial Year 2013](https://www.bseindia.com/bseplus/AnnualReport/532318/5323180313.pdf) |
| 2013 | [Financial Year 2013](https://archives.nseindia.com/annual_reports/AR_1671_GEMINI_2012_2013_12092013153407.zip) |
| Mar 2012 | [Financial Year 2012](https://www.bseindia.com/bseplus/AnnualReport/532318/5323180312.pdf) |
| 2012 | [Financial Year 2012](https://archives.nseindia.com/annual_reports/AR_GEMINI_2011_2012_31122012025555.zip) |
| Mar 2011 | [Financial Year 2011](https://www.bseindia.com/bseplus/AnnualReport/532318/5323180311.pdf) |
| Mar 2010 | [Financial Year 2010](https://www.bseindia.com/bseplus/AnnualReport/532318/5323180310.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:01:34.279Z.