BANSWRAS

Banswara Syntex Limited

Textile manufacturer of fabrics and yarn with branded apparel subsidiary

Consumer Discretionary›Textiles›Textiles & Apparels›Other Textile Products

banswarasyntex.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹102.02
Market cap
349 Cr
Stock P/E
9.4
P/B
0.60
Dividend yield
1.0%
ROE (FY26)
5.3%
ROCE (FY26)
8.0%
Operating margin (FY26)
5.6%
Debt / equity (FY26)
0.81
OCF / EBITDA (FY26)
91.8%
OCF / EBITDA (3Y)
102.2%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Banswara Syntex makes textile yarn, fabrics and garments, selling to global apparel brands and retailers and to the domestic market.

Company snapshot

49thBy market cap

Ranked among 100 companies in Other Textile Products.

What we see

Positives
  • ✓102% of operating profit came in as cash over the last three years — profits are backed by real cash.
Concerns
  • ✗Net margin is very thin at 2.3% — little room for error if costs rise.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales316 Cr302 Cr343 Cr271 Cr343 Cr339 Cr340 Cr306 Cr345 Cr340 Cr366 Cr316 Cr
Operating expenses (approx.)288 Cr277 Cr322 Cr254 Cr317 Cr305 Cr315 Cr288 Cr315 Cr302 Cr323 Cr294 Cr
EBITDA27 Cr25 Cr22 Cr17 Cr26 Cr34 Cr25 Cr18 Cr30 Cr38 Cr43 Cr22 Cr
OPM %8.7%8.4%6.3%6.1%7.5%9.9%7.5%5.8%8.7%11.1%11.8%7.0%
Other income2 Cr4 Cr9 Cr4 Cr3 Cr2 Cr7 Cr4 Cr3 Cr4 Cr4 Cr7 Cr
Interest8 Cr7 Cr8 Cr8 Cr9 Cr11 Cr11 Cr11 Cr11 Cr11 Cr11 Cr10 Cr
Depreciation11 Cr11 Cr11 Cr11 Cr12 Cr12 Cr12 Cr13 Cr14 Cr13 Cr13 Cr14 Cr
Profit before tax12 Cr11 Cr11 Cr1 Cr7 Cr14 Cr9 Cr-2 Cr10 Cr19 Cr15 Cr6 Cr
Tax %24.0%25.0%26.1%17.5%30.1%25.0%35.3%24.8%26.2%25.0%25.0%24.5%
Net profit9 Cr8 Cr8 Cr1 Cr5 Cr10 Cr6 Cr-1 Cr7 Cr14 Cr11 Cr5 Cr
EPS (₹)₹2.67₹2.44₹2.47₹0.33₹1.47₹2.97₹1.71₹-0.40₹2.07₹4.09₹3.36₹1.35

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,254 Cr1,295 Cr1,351 Cr1,289 Cr787 Cr1,190 Cr1,499 Cr1,264 Cr1,293 Cr1,356 CrSign in free for the trailing twelve months
Operating expenses (approx.)1,121 Cr1,185 Cr1,231 Cr1,145 Cr711 Cr1,071 Cr1,301 Cr1,163 Cr1,191 Cr1,228 CrSign in free for the trailing twelve months
EBITDA134 Cr110 Cr120 Cr144 Cr76 Cr119 Cr197 Cr101 Cr101 Cr129 CrSign in free for the trailing twelve months
OPM %10.7%8.5%8.9%11.2%9.6%10.0%13.2%8.0%7.8%9.5%Sign in free for the trailing twelve months
Other income14 Cr16 Cr14 Cr13 Cr16 Cr17 Cr15 Cr18 Cr16 Cr14 CrSign in free for the trailing twelve months
Interest63 Cr59 Cr56 Cr49 Cr33 Cr25 Cr32 Cr30 Cr40 Cr43 CrSign in free for the trailing twelve months
Depreciation58 Cr58 Cr55 Cr51 Cr46 Cr42 Cr41 Cr43 Cr48 Cr53 CrSign in free for the trailing twelve months
Profit before tax26 Cr11 Cr20 Cr57 Cr17 Cr71 Cr141 Cr47 Cr31 Cr42 CrSign in free for the trailing twelve months
Tax %25.2%26.0%-23.7%7.3%14.9%35.7%20.2%25.1%28.8%25.3%Sign in free for the trailing twelve months
Net profit19 Cr8 Cr24 Cr53 Cr15 Cr46 Cr113 Cr36 Cr22 Cr31 CrSign in free for the trailing twelve months
EPS (₹)₹11.17₹4.91₹14.23₹31.19₹8.48₹26.65₹32.93₹10.38₹6.47₹9.11Sign in free for the trailing twelve months
Dividend payout %————0.0%57.2%3.8%28.6%15.5%11.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital17 Cr17 Cr17 Cr17 Cr17 Cr17 Cr17 Cr17 Cr17 Cr17 Cr
Reserves244 Cr252 Cr277 Cr324 Cr340 Cr382 Cr492 Cr518 Cr542 Cr568 Cr
Borrowings489 Cr478 Cr420 Cr260 Cr171 Cr262 Cr371 Cr353 Cr452 Cr474 Cr
Other liabilities309 Cr326 Cr272 Cr251 Cr225 Cr220 Cr188 Cr182 Cr185 Cr214 Cr
Total liabilities1,059 Cr1,073 Cr986 Cr852 Cr753 Cr881 Cr1,069 Cr1,070 Cr1,197 Cr1,272 Cr
Fixed assets (net)486 Cr455 Cr414 Cr371 Cr335 Cr306 Cr368 Cr423 Cr520 Cr555 Cr
CWIP4 Cr5 Cr0.05 Cr0.60 Cr0.27 Cr29 Cr22 Cr20 Cr20 Cr30 Cr
Investments2 Cr3 Cr3 Cr6 Cr3 Cr10 Cr6 Cr8 Cr10 Cr14 Cr
Loans & advances———5 Cr0.65 Cr1 Cr2 Cr2 Cr3 Cr2 Cr
Inventories329 Cr310 Cr288 Cr237 Cr196 Cr279 Cr314 Cr272 Cr313 Cr303 Cr
Trade receivables158 Cr184 Cr163 Cr140 Cr115 Cr126 Cr212 Cr207 Cr201 Cr244 Cr
Cash & bank8 Cr4 Cr8 Cr4 Cr8 Cr19 Cr15 Cr9 Cr4 Cr2 Cr
Other assets71 Cr113 Cr110 Cr88 Cr96 Cr110 Cr130 Cr129 Cr126 Cr123 Cr
Total assets1,059 Cr1,073 Cr986 Cr852 Cr753 Cr881 Cr1,069 Cr1,070 Cr1,197 Cr1,272 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity140 Cr106 Cr137 Cr208 Cr132 Cr53 Cr20 Cr142 Cr77 Cr118 Cr
Cash from investing-61 Cr-25 Cr-10 Cr-7 Cr-3 Cr-47 Cr-99 Cr-90 Cr-137 Cr-95 Cr
Cash from financing-82 Cr-85 Cr-123 Cr-206 Cr-126 Cr6 Cr75 Cr-58 Cr55 Cr-25 Cr
Net cash flow-2 Cr-4 Cr4 Cr-5 Cr4 Cr11 Cr-4 Cr-6 Cr-5 Cr-2 Cr
Free cash flow (OCF − Capex)75 Cr74 Cr125 Cr200 Cr123 Cr-5 Cr-83 Cr45 Cr-67 Cr21 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %11.8%9.4%10.7%17.7%9.4%14.5%19.7%8.7%7.0%8.0%
ROE %7.3%3.1%8.3%15.6%4.1%11.4%22.1%6.6%4.0%5.3%
Debtor days46524440533952605765
Inventory days200184159152236180171189198198
Days payable8810173671119548565352
Cash conversion cycle157134130125178123174194201211
OCF / EBITDA %104.9%96.1%114.2%144.5%174.6%44.3%10.2%141.2%76.4%91.8%
OCF / EBITDA % (3 years)——105.3%120.5%140.5%116.1%52.3%51.6%60.0%102.2%
Debt / equity1.881.781.430.760.480.660.730.660.810.81
Current ratio1.021.051.091.231.761.491.531.601.491.39
Net debt / EBITDA3.604.303.431.782.162.041.813.424.433.67