---
title: "Hind Syntex Ltd (HINDSYNTEX) — Share Price, Financials & Analysis"
symbol: "HINDSYNTEX"
company: "Hind Syntex Ltd"
canonical: "https://tapetide.com/stocks/HINDSYNTEX"
sector: "Consumer Discretionary"
industry: "Textiles & Apparels"
generated_at: "2026-09-13T19:04:17.894Z"
---

# Hind Syntex Ltd (HINDSYNTEX)

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

## Company

- **Sector:** Consumer Discretionary
- **Industry:** Textiles & Apparels
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** hind-syntex.com

## About

Hind Syntex Limited is engaged in the sale of synthetic and blended yarn products.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 0.83% over past five years.
- Company has a low return on equity of -69.5% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 4% | — | — |
| revenue growth | -67% | -15% | 1% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 10.36 | 9.26 | 10.3 | 8.02 | 18.93 | 7.25 | 8.71 | 10.15 | 11.88 | 3.04 | 0 | 0 |
| Expenses | 10.2 | 9.36 | 10.61 | 8.44 | 19.45 | 7.45 | 10.78 | 12.18 | 13.21 | 4.72 | 0.71 | 0.27 |
| Operating Profit | 0.16 | -0.1 | -0.31 | -0.42 | -0.52 | -0.2 | -2.07 | -2.03 | -1.33 | -1.68 | -0.71 | -0.27 |
| OPM % | 1.54 | -1.08 | -3.01 | -5.24 | -2.75 | -2.76 | -23.77 | -20 | -11.2 | -55.26 | — | — |
| Other Income | 0.03 | 0.08 | 0.08 | 0.38 | 0.04 | 0.09 | 0.59 | 0.08 | 0.06 | 0.01 | 0 | 0.05 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.17 | 0.18 | 0.17 | 0.17 | 0.17 | 0.17 | 0.15 | 0.16 | 0.17 | 0.17 | 0.16 | 0.16 |
| Profit before tax | 0.02 | -0.2 | -0.4 | -0.21 | -0.65 | -0.28 | -1.63 | -2.11 | -1.44 | -1.84 | -0.87 | -0.38 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.02 | -0.2 | -0.41 | -0.21 | -0.66 | -0.29 | -1.64 | -2.12 | -1.44 | -1.84 | -0.87 | -0.39 |
| EPS in Rs | 0.02 | -0.16 | -0.32 | -0.17 | -0.52 | -0.23 | -1.29 | -1.67 | -1.13 | -1.45 | -0.68 | -0.31 |

### Profit & Loss

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

| Item | Mar 2011 | Mar 2012 | Sep 2013 18m | Mar 2014 6m | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 105.77 | 114.61 | 148.75 | 24.05 | 38.27 | 40.48 | 40.43 | 42.91 | 25.07 | 14.92 |
| Expenses | 97.86 | 115.42 | 143.15 | 25.12 | 38.13 | 40.04 | 40.39 | 46.12 | 30.69 | 18.91 |
| Operating Profit | 7.91 | -0.81 | 5.6 | -1.07 | 0.14 | 0.44 | 0.04 | -3.21 | -5.62 | -3.99 |
| OPM % | 7.48 | -0.71 | 3.76 | -4.45 | 0.37 | 1.09 | 0.1 | -7.48 | -22.42 | -26.74 |
| Other Income | 0.73 | 1.6 | 20.76 | 0.52 | 0.63 | 0.35 | 0.06 | 1.1 | 0.02 | 0.12 |
| Interest | 7.2 | 7.67 | 3.76 | 0.08 | 0 | 0 | 0.01 | 0.01 | 0 | 0 |
| Depreciation | 3.71 | 3.63 | 4.71 | 1.15 | 0.57 | 0.63 | 0.68 | 0.68 | 0.66 | 0.66 |
| Profit before tax | -2.27 | -10.51 | 17.89 | -1.78 | 0.2 | 0.16 | -0.59 | -2.8 | -6.26 | -4.53 |
| Tax % | 0 | 0.67 | -0.78 | 0 | 0 | 6.25 | 0 | 0 | 0 | — |
| Net Profit | -2.27 | -10.58 | 18.03 | -1.78 | 0.19 | 0.14 | -0.6 | -2.79 | -6.26 | -4.54 |
| EPS in Rs | -1.78 | -8.32 | 14.18 | -1.4 | 0.15 | 0.11 | -0.47 | -2.19 | -4.92 | -3.57 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Sep 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 10.89 | 12.73 | 12.73 | 12.73 | 12.73 | 12.73 | 12.73 | 12.73 | 12.73 | 12.73 |
| Reserves | -27.32 | -29.59 | -40.17 | -4.66 | -5.99 | -5.83 | -5.69 | -6.07 | -8.52 | -14.79 |
| Borrowings | 74.89 | 53.22 | 53.81 | 0 | 0 | 0 | 0 | 0.08 | 0 | 0 |
| Other Liabilities | 5.14 | 31.43 | 32.04 | 22.47 | 25.84 | 18.24 | 14.68 | 18.74 | 17.9 | 22.86 |
| Total Liabilities | 63.6 | 67.79 | 58.41 | 30.54 | 32.58 | 25.14 | 21.72 | 25.48 | 22.11 | 20.8 |
| Fixed Assets | 38.26 | 34.57 | 23.83 | 16.85 | 17.7 | 16.9 | 16.77 | 16.78 | 16.12 | 15.24 |
| CWIP | 0 | 0 | 0 | 0.36 | 0 | 0.06 | 0.05 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 25.34 | 33.22 | 34.58 | 13.33 | 14.88 | 8.18 | 4.9 | 8.7 | 5.99 | 5.56 |
| Total Assets | 63.6 | 67.79 | 58.41 | 30.54 | 32.58 | 25.14 | 21.72 | 25.48 | 22.11 | 20.8 |

### Cash Flow

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Sep 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.24 | -0.63 | 0.46 | 35.85 | 1.35 | -0.79 | 0.36 | 1.03 | -0.53 | -0.13 |
| Cash from Investing Activity | 0.73 | 0.72 | 2.58 | 5.45 | -1.71 | 0.68 | -0.37 | -0.81 | 0.13 | 0.13 |
| Cash from Financing Activity | 0 | -0.45 | -2.56 | -43.46 | 0.43 | 0 | 0 | 0.07 | -0.09 | 0 |
| Net Cash Flow | 0.97 | -0.36 | 0.48 | -2.16 | 0.07 | -0.1 | 0 | 0.3 | -0.49 | 0 |
| Free Cash Flow | 0.97 | -0.52 | 3.15 | 41.3 | -0.36 | -0.3 | -0.1 | 0.16 | -0.47 | -0.04 |
| CFO/OP | 17 | -19 | -57 | 640 | -126 | -364 | 14 | 2150 | 35 | 0 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Sep 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 19.7 | 24.16 | 19.52 | 0.05 | 23.98 | 0.29 | 0.09 | 0.45 | 0.85 | 0.15 |
| Inventory Days | 70.07 | 81.17 | 54.43 | 15.56 | 114.97 | 67.97 | 166.55 | — | 50.58 | 0 |
| Days Payable | 16.15 | 17.3 | 7.7 | 13.61 | 279.3 | 67.34 | 265.78 | — | 239.69 | — |
| Cash Conversion Cycle | 73.62 | 88.02 | 66.26 | 2 | -140.36 | 0.92 | -99.13 | 0.45 | -188.26 | 0.15 |
| Working Capital Days | 89.04 | -27.16 | -23.18 | -40.34 | -196.54 | -105.1 | -104.14 | -103.37 | -112.11 | -271.24 |
| ROCE % | -2.55 | 10.4 | -11.06 | 135.25 | — | -2.2 | 2.01 | -5.08 | -50.96 | -570.23 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Jun 2019 |
| --- | --- | --- | --- | --- |
| Promoters | 48.24% | 48.24% | 48.24% | 48.24% |
| DIIs | 14.55% | 14.55% | 14.55% | 14.55% |
| Public | 37.21% | 37.21% | 37.21% | 37.21% |
| No. of Shareholders | 4678 | 4600 | 4616 | 4614 |

### Quarterly

| Category | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 48.24% | 48.24% | 48.24% | 48.24% | 48.24% | 48.24% | 48.24% | 48.24% | 48.24% | 48.24% | 48.24% | 48.24% |
| DIIs | 14.55% | 14.55% | 14.55% | 14.55% | 14.55% | 14.55% | 14.55% | 14.55% | 14.55% | 14.55% | 14.55% | 14.55% |
| Public | 37.21% | 37.21% | 37.21% | 37.21% | 37.21% | 37.21% | 37.21% | 37.21% | 37.21% | 37.21% | 37.21% | 37.21% |
| No. of Shareholders | 4519 | 4680 | 4678 | 4623 | 4619 | 4613 | 4600 | 4618 | 4619 | 4614 | 4616 | 4614 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 0.51 | Buy |
| EMA (10) | 0.52 | Sell |
| SMA (20) | 0.53 | Sell |
| EMA (20) | 0.52 | Sell |
| SMA (50) | 0.55 | Sell |
| EMA (50) | 0.54 | Sell |
| SMA (100) | 0.58 | Sell |
| EMA (100) | 0.58 | Sell |
| SMA (200) | 0.63 | Sell |
| EMA (200) | 0.63 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.92 | Neutral |
| MACD (12,26,9) | -0.01 | Sell |
| Stochastic (14,3,3) | 57.14 | Neutral |
| ADX (14) | 23.94 | Neutral |
| Williams %R (14) | -42.86 | Neutral |
| ATR (14) | 0.03 | High Volatility |
| ROC (12) | -1.89 | Sell |
| Stoch RSI (14) | 86.28 | Sell |
| UO (7,14,28) | 45.84 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 19 Aug 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=455748dd-1b6d-4eb7-8fac-6d4a570b3b06.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 19 Aug 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/455748dd-1b6d-4eb7-8fac-6d4a570b3b06.pdf) |
| — | [Fixes Book Closure for AGM 16 Aug 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3849B215_4622_4F1C_95AB_B29D32B5D7F3_132207.pdf) |
| — | [Fixes Book Closure for AGM 16 Aug 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3849B215_4622_4F1C_95AB_B29D32B5D7F3_132207.pdf) |
| — | [Outcome of Board Meeting 13 Aug 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4cd4c674-6942-4c8e-9c26-488f76d812ea.pdf) |
| — | [FINANCIAL YEAR 2018-19 13 Aug 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a02a596c-7335-408b-a0b0-6fa1f3a309f0.pdf) |
| — | [Outcome of Board Meeting (AGM on Sept 23, 2019) 13 Aug 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=FF26D977_84D3_4F54_B85D_3BB6635ECB40_200518.pdf) |
| — | [Outcome of Board Meeting 13 Aug 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4cd4c674-6942-4c8e-9c26-488f76d812ea.pdf) |
| — | [FINANCIAL YEAR 2018-19 13 Aug 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a02a596c-7335-408b-a0b0-6fa1f3a309f0.pdf) |
| — | [Outcome of Board Meeting (AGM on Sept 23, 2019) 13 Aug 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/FF26D977_84D3_4F54_B85D_3BB6635ECB40_200518.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_HINDSYNTEX_2011_2012_14092012093714.zip) |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_HINDSYNTEX_2010_2011_11102011062222.zip) |
| from nse | [Annual Report 2010 from nse](https://archives.nseindia.com/annual_reports/AR_HINDSYNTEX_2009_2010_13092010120000.zip) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/503881/5038810318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/503881/5038810317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/503881/5038810316.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/503881/5038810314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/503881/5038810913.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/503881/5038810312.pdf) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/503881/5038810311.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 2026-09-13T19:04:17.894Z.