loader2
Partner With Us NRI

Indo Rama Synthetics (India) Ltd share Price Today

Company details

50.55
52.60
36.30
67.10
6M Return 7.05%
1Y Return 14.51%
Mkt Cap.(Cr) 1,329.07
Volume 281,411
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 281,411

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Textiles company Indo Rama Synthetics (India) announced Q1FY24 results:

  • Total income of Rs 770.20 crore in Q1FY24 compared to Rs 1,179.3 crore in Q1FY23.
  • EBITDA decreased to Rs (24.96) crore as against Rs 62.04 crore in Q1FY23, due to ongoing geopolitical issues and impacts as above.
  • Profit Before Tax of Rs (55.18) crore in Q1FY24 compared to Rs 40.12 crore in Q1FY23.
  • Profit After Tax recorded a decrease to Rs (55.18) crore as against Rs 38.61 crore in Q1FY23.

 

 

Result PDF

View Other Company Results

Indo Rama Synthetics (India) Ltd shares SWOT Analysis

Strengths (2)

  • Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
  • Company with Zero Promoter Pledge

Weakness (5)

  • Red Flag: High Interest Payments Compared to Earnings
  • Negative Breakdown Second Support (LTP < S2)
  • Degrowth in Revenue and Profit

Opportunity (1)

  • Stock with Low PE (PE < = 10)

Threats (4)

  • Companies with growing costs YoY for long term projects
  • Companies Increasing Debt as per Annual Report
  • Increasing Trend in Non-Core Income

Resistance and support

R1 52.2
R2 53.4
R3 54.2
Pivot

51.35

S1 50.1
S2 49.3
S3 48.1
EMA SMA
54.0
54.5
53.5
52.4
55.4
55.1
53.8
50.5
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SHRUTI LOHIA Bulk Purchase 2020-11-12 24.5 2178211 NSE
SHRUTI LOHIA Bulk Purchase 2020-11-12 24.5 2177796 BSE
AMIT GOEL Bulk Sell 2020-11-12 24.5 2175000 NSE
Name Category Shares
OM PRAKASH LOHIA PROMOTER 14.73%
INDORAMA NETHERLANDS B V PROMOTER 38.56%
BROOKGRANGE INVESTMENTS LIMITED PROMOTER 20.51%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Indo Rama Synthetics (India) Ltd Stocks COMPARISON

Financials( in Cr) Indo Rama Synthetics (India) Ltd Grasim Industries Ltd Trident Ltd Welspun Living Ltd Alok Industries Ltd
Price 50.90 2,186.00 42.15 150.85 27.90
% Change -2.86 -0.85 -3.33 -5.22 -3.46
Mcap Cr 1,329.07 148,760.80 21,479.45 14,659.72 13,853.02
Revenue TTM Cr 4,309.98 117,627.08 6,332.26 8,093.76 6,937.29
Net Profit TTM Cr -24.56 11,078.20 441.61 202.51 -880.46
PE TTM 0.00 25.81 52.59 23.43 0.00
1 Year Return 14.51 39.65 41.21 124.98 117.97
ROCE 0.00 9.04 11.89 5.91 0.00
ROE 0.00 14.35 10.99 5.03 0.00
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 572.66 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 21,580.50 -5,207.40
LAST 3M 60,912.34 -26,979.54
LAST 6M 120,020.87 9,689.82
LAST 12M 181,151.65 180,381.32

Indo Rama Synthetics (India) Ltd Information

Stock PE (TTM)
0
Promoter Holding
74.84%
Book Value
19.4825
ROCE
0%
ROE
0%
Description
  • Incorporated in Apr.`86, Indo Rama Synthetics (India) (IRSIL) is a manufacturer of polyester filament yarn (PFY), polyester staple fibre (PSF), draw texturised yarn (DTY), specialty fiber and chips. The Company is also engaged in trading of spun yarn and power generation, used primarily for captive consumption. The Company is India`s largest dedicated polyester manufacturer with an integrated manufacturing complex at Butibori near Nagpur (Maharashtra), with an annual capacity of 6,10,050 tonnes comprising Polyester Stable Fibre (PSF), Filament Yarn, Draw Texturised Yarn, Fully Drawn Yarn and Textile grade Chips. The Company commenced business in Nov.`86. Promoted by M L Lohia and A P Lohia to manufacture synthetic yarn, PSF and POY. In Sep.`93, IRSIL issued FCDs to part-finance its Rs 5.55-cr expansion-cum-backward integration project to manufacture partially oriented yarn (POY) and polyester staple fibre (PSF) at Butibori, near Nagpur which commenced commercial production in Mar.`95. Through de-bottlenecking, polyester production touched 810 tonnes per day. This is slated to reach 860 TPD by 2002-03. IRSIL has technical collaborations with Chemtex International, US, and M/s Dupont, US, and barmag, Germany, for the POY and polyester chip projects; and Toyobo, Japan, for the PSF project. IRSIL exports its products to the US, Germany, France, Belgium, etc. The company`s 100% EOU at Pithampur has been awarded the ISO 9002 certification. The new plant for manufacture of PSF at Nagpur is being implemented and production is expected to commence on 2004-05. After commissioning the capacity of Polyster Staple Fibre would be 450,000 tpa from the present 300,000 tpa. This expansion is being executed in partnership with Zimmer AG, Germany. The company successfully commissioned the mini expansion for PFY/FDY capacity by 70 tonnes per day(25000 p.a and DTY capacity by 27 tonnes per day (9800 tonnes p.a). The total cost of the project was Rs.48 crores. This project was funded by DEF Euro loan of Rs.26 crore,SBI Yen loan of Rs.17 crore and the rest through internal accruals. As a restructuring measure the company has de-merged its spun yarn business into a separate company,Indo Rama Textiles Limited while retaining its polyster business with itself. This de-merger was done after securing necessary approvals from the Shareholders of the company. Pursuant to this de-merger shareholders were allotted 20 shares in IRTL for every 100 shares held in the company while continuing to hold 80 shares in the company. As a step towards leveraging information for value creation, the Company has re-built its information backbone around an ERP application by implementing SAP R/3 package that links all business activities of the organisation. The Company also plans to focus on strategic IT initiatives like E-enabling, supply chain management and CRM. It is exploring new markets in Latin America,Argentina,Columbia and Venezuela. During 2005-2006, the company has taken up expansion of Polyester production capacity from 800 tonnes per day to 1600 tonnes per day for both Polyester Staple Fibre and Partially Oriented Yarn. The expansion is expected to completed in a phased manner from June, 2006 onwards. After this expansion the Polyester capacity of the Company will increase to around 6,00,000 tpa. at a single location in Butibori, Nagpur. The companies production capacity of Draw Texturised Yarn, Draw Twisted Yarn, Polyester Staple Fibre, Polyester Chips and Polyester Filament Yarn stood at 32025 tpa, 132300 tpa, 52500 tpa and 126000 tpa respectively. In 2011-12, the Company commissioned the heat treatment media (HTM) project of replacing Furnace Oil (FO) to coal for heat treatment; commissioned 11 MW coal-based captive power plant.

Registered Address

31-A MIDC Industrial Area, Butibori, Nagpur, Maharashtra, 441122

Tel : 91-7104-663000-01
Email : investor-relations:indorama-ind.com
Website : http://www.indoramaindia.com
Registrar

MCS Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500207
NSE Code : INDORAMA
Book Closure Date (Month) : Jul
BSE Group : B
ISIN : INE156A01020

FAQ’s on Indo Rama Synthetics (India) Ltd Shares

You can buy Indo Rama Synthetics (India) Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Indo Rama Synthetics (India) Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Feb 28, 2024 03:44 PM the closing price of Indo Rama Synthetics (India) Ltd was ₹ 50.90.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Feb 28, 2024 03:44 PM, the market cap of Indo Rama Synthetics (India) Ltd stood at ₹ 1,329.07.

The latest PE ratio of Indo Rama Synthetics (India) Ltd as of Feb 28, 2024 03:44 PM is 0

The latest PB ratio of Indo Rama Synthetics (India) Ltd as of Feb 28, 2024 03:44 PM is 0.37

The 52-week high of Indo Rama Synthetics (India) Ltd is ₹ 67.10 while the 52-week low is ₹ 36.30

Download Our

Download App
market app