Sintex Industries Ltd
Next 500 2022
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OVERVIEW
FINANCIALS
About
Sintex Industries Limited primarily provides yarns and fabrics to its clients across the globe. Its manufacturing division, Bharat Vijay Mills (BVM), has helped Sintex rise in the textile industry by being the trading arm for its domestic and international markets. Its products include 100% combed yarns, 100% cotton carded yarns, compact yarns, blended yarns, ply yarns, ring-spun yarns, contamination-free yarns, and multi-fold yarns, among others. Its yarn-to-fabric manufacturing facility is located in Kalol in Gujarat, while another facility is at Rajula, Gujarat. Sintex Industries is completely self-sufficient in manufacturing with gas-based captive generation of power for all its manufacturing facilities.
Incorporation Year: 1931
Headquarters: Ahmedabad
Top Management: Achuthan Siddharth/Balkrishan Sharma
Industry: Textiles & Garments
Website: www.sintex.in
Featured In Fortune India Ranking
Fortune 500 India
#361(2019)
#353(2018)
#468(2017)
#172(2016)
#180(2015)
#195(2014)
#210(2013)
#218(2012)
#190(2011)
#204(2010)
#361(2019)#353(2018)#468(2017)#172(2016)#180(2015)#195(2014)#210(2013)#218(2012)#190(2011)#204(2010)
Ranking Trend Fortune 500 India
Next 500 India
#38(2022)#63(2021)
#38(2022)#63(2021)
Ranking Trend Fortune Next 500 India
Financial Data 2024
Revenue
3,819
(INR Cr)
Net Operating Income
3,785
(INR Cr)
Assets
4,580
(INR Cr)
Profit
-17
(INR Cr)
Net Worth
2,530
(INR Cr)
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 3819 -43.6% | 6769 104.4% | 3312 89.8% | 1745 9.8% | 1589 -53.0% | 3376 5.8% | 3192 56.3% | 2042 33.1% | 1534 -78.4% | 7109 19.8% | 5932 13.4% | 5234 16.1% | 4506 -0.6% | 4532 34.1% | 3380 3.8% | 3257 - |
| Net Operating Income (INR Cr) | 3785 19.71% | 3161 2.97% | 3070 81.06% | 1696 -0.32% | 1701 -47.77% | 3257 13.38% | 2873 49.52% | 1921 104.21% | 941 -86.57% | 7007 19.92% | 5843 15.02% | 5079 14.49% | 4437 -0.86% | 4475 36.37% | 3282 7.11% | 3064 34.65% |
| Profit (INR Cr) | -17 - | 2777 - | -458 - | -1306 - | -1256 - | 22 -84.8% | 142 5.7% | 134 -78.6% | 629 18.9% | 529 45.0% | 365 12.7% | 324 5.5% | 307 -33.3% | 460 39.8% | 329 1.2% | 325 - |
| Assets (INR Cr) | 4580 -0.2% | 4589 92.4% | 2386 -71.7% | 8417 -12.5% | 9617 -7.3% | 10374 4.5% | 9932 23.0% | 8076 -32.5% | 11966 26.2% | 9482 24.3% | 7628 9.9% | 6941 20.3% | 5771 5.3% | 5483 19.3% | 4596 14.1% | 4028 - |
| Net Worth (INR Cr) | 2530 -0.7% | 2549 157.9% | -4400 -334.0% | 1880 -40.1% | 3140 -28.8% | 4413 0.1% | 4410 12.7% | 3914 -29.5% | 5553 18.2% | 4698 32.6% | 3544 13.4% | 3125 18.0% | 2648 10.3% | 2402 23.4% | 1947 14.2% | 1705 10.8% |
| Employee Cost (INR Cr) | 189 9.3% | 173 5.5% | 164 22.0% | 135 -14.7% | 158 -11.8% | 179 21.7% | 147 53.1% | 96 57.5% | 61 -91.5% | 720 13.8% | 633 7.3% | 590 15.3% | 512 14.0% | 449 4.1% | 431 5.8% | 408 - |
| Interest Cost (INR Cr) | 167 | 785 | 819 | 795 | 748 | 226 | 114 | 93 | 68 | 283 | 289 | 173 | 136 | 109 | 73 | 82 |
| Cash & Bank Balance (INR Cr) | 71 | 153 | 39 | 28 | 18 | 80 | 214 | 715 | 741 | 425 | 272 | 890 | 721 | 986 | 930 | 1169 |
| Total Debt (INR Cr) | 2045 | 2037 | 6782 | 6533 | 6472 | 5951 | 5509 | 4149 | 6349 | 4653 | 4006 | 3654 | 3091 | 2774 | 2630 | 2296 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | - | 41.0% | - | - | - | 0.6% | 4.4% | 6.6% | 41.0% | 7.4% | 6.2% | 6.2% | 6.8% | 10.2% | 9.7% | 10.0% |
| Profit As % Of Assets | - | 60.5% | - | - | - | 0.2% | 1.4% | 1.7% | 5.3% | 5.6% | 4.8% | 4.7% | 5.3% | 8.4% | 7.2% | 8.1% |
| Profit As % Of Networth | - | 108.9% | - | - | - | 0.5% | 3.2% | 3.4% | 11.3% | 11.3% | 10.3% | 10.4% | 11.6% | 19.2% | 16.9% | 19.1% |
| Interest Cost to EBITDA % | 90.0% | 1098.4% | 233.1% | - | - | 60.0% | 39.7% | 34.6% | 32.9% | 24.4% | 31.2% | 26.5% | 20.8% | 13.5% | 14.6% | 18.2% |
| Debt to Equity Ratio | 0.81 | 0.80 | - | 3.47 | 2.06 | 1.35 | 1.25 | 1.06 | 1.14 | 0.99 | 1.13 | 1.17 | 1.17 | 1.15 | 1.35 | 1.35 |
| RONW | - | 169.7% | - | - | - | 0.5% | 3.4% | 2.8% | 2.6% | 12.8% | 10.9% | 13.1% | 12.0% | 21.0% | 17.9% | 19.9% |
| ROCE | 0.0% | 1.0% | 0.0% | -0.9% | -6.0% | 2.6% | 3.3% | 2.3% | 2.0% | 11.7% | 10.6% | 10.2% | 9.8% | 14.3% | 11.2% | 13.1% |