---
title: "Parasrampuria Synthetics Ltd (PARSSYNTH) — Share Price, Financials & Analysis"
symbol: "PARSSYNTH"
company: "Parasrampuria Synthetics Ltd"
canonical: "https://tapetide.com/stocks/PARSSYNTH"
generated_at: "2026-10-13T10:58:16.260Z"
---

# Parasrampuria Synthetics Ltd (PARSSYNTH)

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

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Parasrampuria Synthetics is engaged in the spinning of man-made fiber, including blended fiber.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -5.68% over past five years.
- Company has high debtors of 216 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 34% | — | — |
| revenue growth | -3% | -6% | -6% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 10.31 | 12.76 | 12.19 | 12.75 | 13.02 | 10.01 | 8.58 | 6.2 | 9.3 | 9.07 | 8.49 | 9.75 |
| Expenses | 10.55 | 13.15 | 12.08 | 13.1 | 12.75 | 10.64 | 9.04 | 7.79 | 9.53 | 9.53 | 9.46 | 9.88 |
| Operating Profit | -0.24 | -0.39 | 0.11 | -0.35 | 0.27 | -0.63 | -0.46 | -1.59 | -0.23 | -0.46 | -0.97 | -0.13 |
| OPM % | -2.33 | -3.06 | 0.9 | -2.75 | 2.07 | -6.29 | -5.36 | -25.65 | -2.47 | -5.07 | -11.43 | -1.33 |
| Other Income | 0.05 | 0.07 | 1.8 | 0.06 | -4.09 | 0.06 | 0.09 | 0.05 | -2.9 | 4.06 | 0.06 | 0.05 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.41 | 0.42 | 0.35 | 0.36 | 0.34 | 0.32 | 0.88 | 0.21 | 0.21 | 0.21 | 0.21 | 0.19 |
| Profit before tax | -0.6 | -0.74 | 1.56 | -0.65 | -4.16 | -0.89 | -1.25 | -1.75 | -3.34 | 3.39 | -1.12 | -0.27 |
| Tax % | 0 | 0 | -3.21 | 0 | 0 | 0 | -17.6 | 0 | 0 | 0 | 8.04 | 0 |
| Net Profit | -0.6 | -0.74 | 1.61 | -0.64 | -4.17 | -0.9 | -1.04 | -1.75 | -3.34 | 3.39 | -1.21 | -0.28 |
| EPS in Rs | -0.06 | -0.08 | 0.17 | -0.07 | -0.45 | -0.1 | -0.11 | -0.19 | -0.36 | 0.37 | -0.13 | -0.03 |

### Profit & Loss

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

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 127.54 | 87.35 | 32.15 | 44.29 | 37.46 | 39.27 | 45.26 | 44.35 | 33.07 | 36.61 |
| Expenses | 134.09 | 131.81 | 31.19 | 41.31 | 41.68 | 25.01 | 45.55 | 45.47 | 36.3 | 38.4 |
| Operating Profit | -6.55 | -44.46 | 0.96 | 2.98 | -4.22 | 14.26 | -0.29 | -1.12 | -3.23 | -1.79 |
| OPM % | -5.14 | -50.9 | 2.99 | 6.73 | -11.27 | 36.31 | -0.64 | -2.53 | -9.77 | -4.89 |
| Other Income | 2.05 | 67.86 | -2.56 | 0.15 | 2.78 | 0.02 | 1.52 | -3.88 | 1.26 | 1.27 |
| Interest | 1.43 | 1.19 | 0.11 | 0.25 | 0.19 | 0.05 | 0.03 | 0.06 | 0.01 | 0 |
| Depreciation | 8.1 | 6.97 | 5.08 | 4.4 | 2.85 | 2.13 | 1.59 | 1.91 | 0.84 | 0.82 |
| Profit before tax | -14.03 | 15.24 | -6.79 | -1.52 | -4.48 | 12.1 | -0.39 | -6.97 | -2.82 | -1.34 |
| Tax % | -10.48 | -8.46 | -11.93 | -43.42 | -7.37 | 115.7 | -12.82 | -3.16 | 3.19 | — |
| Net Profit | -12.56 | 16.53 | -5.98 | -0.86 | -4.15 | -1.9 | -0.34 | -6.74 | -2.9 | -1.44 |
| EPS in Rs | -1.36 | 1.79 | -0.65 | -0.09 | -0.45 | -0.21 | -0.04 | -0.73 | -0.31 | -0.15 |
| 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 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 66.28 | 66.28 | 66.28 | 66.28 | 66.28 | 66.28 | 66.28 | 66.28 | 66.28 | 66.28 |
| Reserves | -1466.79 | -1479.35 | -1462.82 | -1468.8 | -1469.67 | -1473.82 | -1459.99 | -1460.33 | -1467.07 | -1469.98 |
| Borrowings | 1760.97 | 1760.62 | 1724.93 | 1724.8 | 1724.78 | 1141.57 | 1121.5 | 1180.3 | 1180.3 | 1180.3 |
| Other Liabilities | 126.3 | 128.62 | 123.22 | 122.99 | 119.29 | 698.76 | 698.79 | 638.93 | 634.1 | 628.82 |
| Total Liabilities | 486.76 | 476.17 | 451.61 | 445.27 | 440.68 | 432.79 | 426.58 | 425.18 | 413.61 | 405.42 |
| Fixed Assets | 86.56 | 79.52 | 72.55 | 68.95 | 64.58 | 61.75 | 55.74 | 53.77 | 43.82 | 34.34 |
| CWIP | 221.86 | 221.19 | 221.19 | 221.19 | 221.19 | 213.88 | 213.35 | 213.35 | 210.59 | 210.59 |
| Investments | 105.81 | 105.81 | 105.81 | 105.81 | 105.81 | 106.29 | 106.29 | 105.77 | 105.77 | 105.77 |
| Other Assets | 72.53 | 69.65 | 52.06 | 49.32 | 49.1 | 50.87 | 51.2 | 52.29 | 53.43 | 54.72 |
| Total Assets | 486.76 | 476.17 | 451.61 | 445.27 | 440.68 | 432.79 | 426.58 | 425.18 | 413.61 | 405.42 |

### Cash Flow

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

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 6.41 | -0.01 | 36.75 | 1.34 | -0.45 | 3.49 | 15.93 | -0.7 | -10.96 | -8.91 |
| Cash from Investing Activity | -0.43 | -0.31 | 0.02 | -1.32 | 0.11 | 0.12 | 4.64 | 0.6 | 11.02 | 8.86 |
| Cash from Financing Activity | -4.85 | -1.79 | -36.89 | -0.24 | -0.27 | -3.36 | -20.31 | -0.03 | -0.06 | -0.01 |
| Net Cash Flow | 1.13 | -2.11 | -0.12 | -0.22 | -0.61 | 0.25 | 0.26 | -0.13 | 0 | -0.06 |
| Free Cash Flow | 5.93 | -0.4 | 36.75 | -0.14 | -0.48 | 3.47 | 20.34 | -0.33 | -0.16 | -0.27 |
| CFO/OP | 381 | -2 | -83 | 140 | -15 | -83 | 112 | 241 | 979 | 276 |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 98.94 | 89.92 | 101.33 | 302.1 | 206.19 | 241.94 | 216.56 | 181.69 | 132.91 | 215.78 |
| Inventory Days | 71.77 | 62.51 | 17.26 | 552.96 | 286.48 | 13.08 | 37.57 | 40.96 | 43.25 | — |
| Days Payable | 275.68 | 291.14 | 337.56 | 12488.68 | 3815.52 | 1246.28 | 2797.66 | 3921.37 | 3503.21 | — |
| Cash Conversion Cycle | -104.97 | -138.71 | -218.97 | -11633.61 | -3322.85 | -991.26 | -2543.53 | -3698.72 | -3327.05 | 215.78 |
| Working Capital Days | -88.18 | -112.84 | -220.88 | -635.2 | -432.82 | -6350.77 | -6075.34 | -14136.29 | -14429.31 | -19276.68 |
| ROCE % | -0.7 | -3.83 | -5.17 | -1.21 | -0.39 | -15.48 | — | — | — | — |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Dec 2017 |
| --- | --- | --- |
| Promoters | 23.58% | 23.58% |
| DIIs | 13.8% | 13.8% |
| Public | 62.62% | 62.62% |
| No. of Shareholders | 40821 | 40795 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 23.58% | 23.58% | 23.58% | 23.58% | 23.58% | 23.58% | 23.58% |
| DIIs | 13.8% | 13.8% | 13.8% | 13.8% | 13.8% | 13.8% | 13.8% |
| Public | 62.62% | 62.62% | 62.62% | 62.62% | 62.62% | 62.62% | 62.62% |
| No. of Shareholders | 40809 | 40808 | 40807 | 40821 | 40798 | 40817 | 40795 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 6 / 10

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 121.73 | Buy |
| EMA (10) | 122.22 | Buy |
| SMA (20) | 126.41 | Sell |
| EMA (20) | 124.24 | Sell |
| SMA (50) | 130.25 | Sell |
| EMA (50) | 131.54 | Sell |
| SMA (100) | 147.55 | Sell |
| EMA (100) | 142.53 | Sell |
| SMA (200) | 163.22 | Sell |
| EMA (200) | 150.58 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.53 | Neutral |
| MACD (12,26,9) | -2.83 | Sell |
| Stochastic (14,3,3) | 27.5 | Neutral |
| ADX (14) | 29.89 | Buy |
| Williams %R (14) | -60.14 | Neutral |
| ATR (14) | 5.91 | High Volatility |
| ROC (12) | -3.18 | Sell |
| Stoch RSI (14) | 65.52 | Neutral |
| UO (7,14,28) | 51.38 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2017-09-25 | [AGM ON SEPTEMBER 29,2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d88ea212-0a0e-41e2-9a59-3fa3cdc25058.pdf) |
| 2017-09-25 | [AGM ON SEPTEMBER 29,2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/9/d88ea212-0a0e-41e2-9a59-3fa3cdc25058.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 2026-10-13T10:58:16.260Z.