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Syncom Formulations (India) Ltd (SYNCOMF)

₹15.382.67%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹15.02
    ₹15.64
  • 52 Week's Low

    52 Week's High

    ₹7.15
    ₹18.65
1 Month Return+ 16.21 %
3 Month Return+ 6.62 %
1 Year Return+ 103.81 %
Previous Close₹14.98
Open₹15.02
Volume56.26L
Upper Circuit-
Lower Circuit-
Market Cap₹1,408.12Cr

Key Statistics

P/E Ratio44.06
PEG Ratio489.54
Market Cap₹1,408.12 Cr
P/B Ratio2.17
EPS0.12

Company Information

Syncom Formulations India is a public limited company that was established in 1988 and converted to public limited in 1992. It manufactures pharmaceutical formulations, injectibles, ear/eye drops, and herbal products such as Edicare Attom Megacaps Ecziguard and Yas antacid salt. The company started its expansion project in 1994 of setting up a new manufacturing plant in Pithampur Madhya Pradesh which was completed in 1995. During the financial year 1998-99, big expansions in the installed capacity and production base, and the introduction of products in the generic OTC and Ethical divisions were made. The exports boasted an increase of more than 100% and received orders worth Rs.700 lacs. It has been approved as a supplier to Central ESI Hospitals and registered for defence services that will augment the sales volume. Syncom Formulations India is continuously working towards growth and aims to significantly increase its product portfolio and customer base.

Share Price: ₹15.38 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,408.12Cr as of today
Revenue: ₹74.57Cr as on March 2024 (Q1 24)
Net Profit: ₹7.40Cr as on March 2024 (Q1 24)
Listing date: 18 Nov, 2022
Chairperson Name: Kedarmal Bankda
OrganisationSyncom Formulations (India) Ltd
HeadquartersIndore
IndustryPharmaceuticals
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Key events for Syncom Formulations (India) Ltd

  • Individual Investors Own 49% of Syncom Formulations (India) Ltd - 13 Jul, 2024

    Individual investors own the majority stake in Syncom Formulations (India) Ltd with 49% ownership, while insiders hold a reasonable proportion. The top six shareholders own 51% of the company, and insider ownership signals positive leadership thinking. Insiders own ₹5.7b worth of shares in the ₹14b company.

Insights on Syncom Formulations (India) Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, SYNCOMF stock has moved up by 16.2%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 61.71 Cr → 77.67 Cr (in ₹), with an average increase of 7.3% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.00% to 0.08% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, SYNCOMF has outperformed top 5 stocks with highest market-cap in Pharmaceuticals

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 4 quarters, 4.4 Cr → 7.4 Cr (in ₹), with an average increase of 14.9% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 50.57% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Sun Pharmaceuticals Industries Ltd has given 127.7% return, outperforming this stock by 40.4%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 49.43% to 49.35% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹74.57Cr
↑14.48%
Net Income
₹7.40Cr
↑5.71%
Net Profit Margin
9.92%
↓7.72%
2023Y/Y Change
Revenue
₹224.25Cr
↑2.09%
Net Income
₹20.07Cr
↑1.41%
Net Profit Margin
8.95%
↓0.67%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹377.62Cr
↑22.27%
Total Liabilities
₹121.61Cr
↑40.43%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹10.50Cr
↓35.70%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
50.57%
0.00
Foreign Institutions
0.08%
0.00
Mutual Funds
0%
0.00
Retail Investors
49.35%
0.00
Others
0%
0.00

Key Indicators

Syncom Formulations (India) Ltd Valuation

Syncom Formulations (India) Ltd in the last 5 years

  • Overview

  • Trends

Lowest (3.98x)

March 12, 2020

Today (44.06x)

July 23, 2024

Industry (56.07x)

July 23, 2024

Highest (81.74x)

January 18, 2022

LowHigh

Earnings and Dividends

  • Syncom Formulations (India) Ltd Earnings Results

    Syncom Formulations (India) Ltd’s net profit fell -12.63% since last year same period to ₹7.40Cr in the Q4 2023-2024. On a quarterly growth basis, Syncom Formulations (India) Ltd has generated 5.71% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Syncom Formulations (India) Ltd Dividends August,2022

    In the quarter ending June 2022, Syncom Formulations (India) Ltd has declared dividend of ₹0.03 - translating a dividend yield of 0.20%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Syncom Formulations (India) Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Syncom Formulations (India) Ltd (SYNCOMF) share price today is ₹15.38

Syncom Formulations (India) Ltd is listed on NSE

Syncom Formulations (India) Ltd is listed on BSE

  • Today’s highest price of Syncom Formulations (India) Ltd is ₹15.64.
  • Today’s lowest price of Syncom Formulations (India) Ltd is ₹15.02.

PE Ratio of Syncom Formulations (India) Ltd is 44.06

PE ratio = Syncom Formulations (India) Ltd Market price per share / Syncom Formulations (India) Ltd Earnings per share

Today’s traded volume of Syncom Formulations (India) Ltd(SYNCOMF) is 56.26L.

Today’s market capitalisation of Syncom Formulations (India) Ltd(SYNCOMF) is ₹1408.12Cr.

Syncom Formulations (India) Ltd(SYNCOMFPrice
52 Week High
₹18.65
52 Week Low
₹7.15

Syncom Formulations (India) Ltd(SYNCOMF) share price is ₹15.38. It is down -17.53% from its 52 Week High price of ₹18.65

Syncom Formulations (India) Ltd(SYNCOMF) share price is ₹15.38. It is up 115.10% from its 52 Week Low price of ₹7.15

Syncom Formulations (India) Ltd(SYNCOMFReturns
1 Day Returns
0.4%
1 Month Returns
16.21%
3 Month Returns
6.62%
1 Year Returns
103.81%