Price
Financials
Consolidated, Rs crore| Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,125 | 4,242 | 4,276 | 4,221 | 4,381 | 5,257 | 5,399 | 5,459 | 5,610 | 5,545 | 5,407 | 5,403 |
| Expenses | 1,427 | 1,226 | 1,297 | 1,335 | 1,206 | 3,654 | 3,709 | 2,101 | 2,512 | 3,487 | 2,168 | 2,494 |
| Operating Profit | 2,698 | 3,017 | 2,979 | 2,886 | 3,176 | 1,603 | 1,690 | 3,358 | 3,099 | 2,058 | 3,239 | 2,909 |
| OPM % | 65% | 71% | 70% | 68% | 72% | 30% | 31% | 62% | 55% | 37% | 60% | 54% |
| Other Income | 300 | 236 | 270 | 269 | 600 | 380 | 490 | 619 | 735 | 536 | 746 | 914 |
| Interest | 2,788 | 2,923 | 2,885 | 2,821 | 3,037 | 3,751 | 3,827 | 3,840 | 3,658 | 3,753 | 3,668 | 3,531 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 209 | 329 | 364 | 335 | 739 | -1,768 | -1,647 | 137 | 176 | -1,159 | 318 | 291 |
| Tax % | -48% | -34% | -27% | -52% | -7% | -28% | -6% | 21% | 27% | -15% | 21% | -49% |
| Net Profit | 310 | 441 | 464 | 509 | 793 | -1,238 | -1,519 | 121 | 116 | -957 | 92 | 480 |
| EPS in Rs | 5.14 | 7.32 | 7.70 | 8.45 | 13.18 | -8.74 | -10.72 | 0.76 | 0.47 | -3.57 | 0.34 | 1.79 |
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9,525 | 10,047 | 11,451 | 15,268 | 17,121 | 18,621 | 21,615 | 23,198 | 23,004 | 21,776 | 21,725 | 21,965 |
| Expenses | 2,313 | 2,644 | 3,940 | 4,706 | 4,965 | 5,104 | 5,448 | 9,315 | 8,942 | 13,508 | 11,759 | 10,661 |
| Operating Profit | 7,212 | 7,403 | 7,510 | 10,562 | 12,155 | 13,517 | 16,167 | 13,883 | 14,061 | 8,268 | 9,966 | 11,304 |
| OPM % | 76% | 74% | 66% | 69% | 71% | 73% | 75% | 60% | 61% | 38% | 46% | 51% |
| Other Income | 915 | 1,167 | 915 | 1,076 | 1,174 | 1,324 | 2,110 | 2,509 | 3,458 | 2,806 | 2,224 | 2,930 |
| Interest | 6,978 | 7,307 | 7,068 | 10,183 | 11,666 | 13,080 | 16,094 | 17,212 | 16,727 | 15,223 | 15,076 | 14,610 |
| Depreciation | 113 | 88 | 71 | 66 | 101 | 118 | 187 | 199 | 137 | 238 | 217 | 0 |
| Profit before tax | 1,037 | 1,175 | 1,286 | 1,389 | 1,563 | 1,643 | 1,996 | -1,020 | 655 | -4,387 | -3,103 | -375 |
| Tax % | 12% | 31% | 18% | 5% | -28% | -4% | 24% | 61% | 45% | -27% | -17% | |
| Net Profit | 914 | 814 | 1,049 | 1,314 | 2,206 | 1,855 | 1,664 | -1,517 | 517 | -3,112 | -2,524 | -269 |
| EPS in Rs | 18.29 | 21.83 | 36.65 | 29.70 | 25.13 | -21.57 | 5.72 | -21.96 | -10.15 | -0.97 | ||
| Dividend Payout % | 17% | 19% | 20% | 17% | 18% | 19% | 19% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 9% | 3% | -2% | 0% | ||
| Compounded Profit Growth | % | % | -30% | 19% | ||
| Stock Price CAGR | -37% | % | % | % | ||
| Return on Equity | 2% | -6% | -10% | -14% |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 522 | 522 | 522 | 573 | 602 | 602 | 625 | 662 | 703 | 905 | 1,417 | 2,488 |
| Reserves | 3,770 | 4,489 | 5,107 | 6,480 | 8,443 | 11,265 | 12,334 | 13,644 | 13,750 | 14,810 | 15,155 | 16,288 |
| Borrowings | 96,476 | 121,298 | 129,196 | 145,121 | 168,527 | 198,165 | 231,561 | 281,883 | 287,227 | 278,023 | 302,375 | 285,488 |
| Other Liabilities | 6,364 | 3,946 | 4,225 | 4,364 | 4,896 | 6,411 | 8,449 | 8,185 | 7,652 | 6,853 | 6,646 | 8,707 |
| Total Liabilities | 107,132 | 130,256 | 139,051 | 156,539 | 182,468 | 216,443 | 252,969 | 304,375 | 309,333 | 300,590 | 325,593 | 312,971 |
| Fixed Assets | 755 | 720 | 683 | 677 | 1,328 | 1,407 | 1,433 | 1,511 | 2,376 | 2,428 | 2,450 | 2,563 |
| CWIP | 14 | 22 | 19 | 16 | 24 | 27 | 36 | 98 | 31 | 26 | 28 | 9 |
| Investments | 28,076 | 30,537 | 33,011 | 35,067 | 40,815 | 46,968 | 56,647 | 70,579 | 69,988 | 66,982 | 81,970 | 77,763 |
| Other Assets | 78,287 | 98,976 | 105,339 | 120,778 | 140,301 | 168,041 | 194,853 | 232,187 | 236,939 | 231,154 | 241,145 | 232,635 |
| Total Assets | 107,132 | 130,256 | 139,051 | 156,539 | 182,468 | 216,443 | 252,969 | 304,375 | 309,333 | 300,590 | 325,593 | 312,971 |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 2,372 | 2,521 | -1,712 | -749 | 2,248 | 2,497 | -429 | 8,476 | 3,938 | -4,978 | -7,314 | -7,234 |
| Cash from Investing Activity | -113 | -97 | -58 | -73 | -113 | -213 | -182 | -354 | -305 | -183 | -262 | -142 |
| Cash from Financing Activity | -101 | 323 | 99 | 53 | -216 | 415 | -965 | 703 | 1,751 | 1,178 | 3,861 | 3,017 |
| Net Cash Flow | 2,158 | 2,747 | -1,671 | -768 | 1,919 | 2,700 | -1,577 | 8,824 | 5,384 | -3,983 | -3,716 | -4,359 |
| Free Cash Flow | 2,259 | 2,425 | -1,770 | -821 | 2,134 | 2,284 | -612 | 8,122 | 3,633 | -5,161 | -7,577 | -7,376 |
| CFO/OP | 43% | 39% | -23% | -10% | 21% | 21% | -3% | 57% | 34% | -30% | -81% | -63% |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | -115 | 37 | 128 | -26 | 71 | 127 | -4 | 157 | 229 | 183 | 203 | 89 |
| ROCE % | 7% | 7% | 6% | 6% | 7% | 7% | 6% | 7% | 5% | 6% | 4% | 4% |
| Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 72.92% | 72.92% | 72.92% | 63.34% | 73.07% | 73.07% | 73.07% | 76.16% | 84.66% | 78.48% | 78.48% | 78.48% |
| FIIs | 4.07% | 4.29% | 4.46% | 4.60% | 3.00% | 2.39% | 2.36% | 2.17% | 1.59% | 1.82% | 1.91% | 1.89% |
| DIIs | 12.11% | 12.19% | 11.83% | 22.36% | 16.31% | 16.34% | 16.05% | 14.46% | 9.11% | 8.19% | 8.14% | 8.08% |
| Public | 10.90% | 10.61% | 10.79% | 9.70% | 7.62% | 8.20% | 8.53% | 7.22% | 4.64% | 11.51% | 11.47% | 11.55% |
| No. of Shareholders | 2,60,146 | 2,56,522 | 2,55,410 | 2,48,400 | 2,51,296 | 2,53,881 | 2,57,555 | 2,57,971 | 2,55,405 | 2,83,911 | 2,84,408 | 2,85,306 |
Fundamentals
Market Cap₹ 200 Cr.
Current Price₹ 302
Book Value₹ 67.4
ROCE3.84 %
ROE-14.3 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)0%
Compounded Profit Growth (TTM)19%
Consolidated figures.
Valuation
Market capRs 10 Cr
Enterprise valueRs 271,885 Cr
Price to book0.00x
Price to sales0.00x
EV / EBITDA18.81x
EV / EBIT19.10x
EV / sales12.38x
Earnings yield-2683.41%
P/E, 3-year average5044.69x
P/B, 3-year average196.68x
P/E, 5-year average3337.73x
P/B, 5-year average182.61x
Profitability
Operating margin (excl. other income)45.87%
Operating margin (incl. other income)56.11%
EBITDA margin65.79%
Pre-tax margin-1.71%
Net profit margin-1.23%
Net margin, latest quarter8.89%
ROE-14.28%
ROCE3.84%
ROA-0.79%
ROE, 3-year average-10.04%
ROCE, 3-year average4.41%
ROA, 3-year average-0.54%
ROE, 5-year average-5.69%
ROCE, 5-year average5.07%
ROA, 5-year average-0.30%
ROIC (approx.)4.08%
Tax rate16.59%
Other income / net worth11.84%
Growth
Sales growth (latest year)-0.23%
Sales CAGR, 3 years-2.16%
Sales CAGR, 5 years3.13%
Sales growth QoQ-0.08%
Profit growth QoQ422.48%
Sales growth YoY (latest quarter)-1.02%
Profit growth YoY (latest quarter)296.77%
Per share
EPS (TTM)Rs -406.54
EPS (latest year)Rs -10.15
EPS (latest quarter)Rs 724.98
EPS, 3-year averageRs -8.79
EPS, 5-year averageRs -4.56
Book value per shareRs 28,336.73
Sales per shareRs 33,150.22
Cash flow per shareRs -10,918.35
Free cash flow per shareRs -11,131.95
Dividend per share, 5-year averageRs 4.70
Dividends
Dividend payout, 5-year average18.70%
Efficiency
Asset turnover0.07x
Fixed asset turnover8.48x
Cash conversion cycle0 days
Working capital days89 days
Leverage
Total debtRs 285,488 Cr
Cash and bankRs 13,613 Cr
Net debtRs 271,875 Cr
Debt to equity15.21x
Net debt / EBITDA18.81x
Interest coverage0.97x
Owners' fund to total sources6.00%
Debt to assets91.22%
Cash flow
Cash from Operating Activity (latest year)Rs -7,234 Cr
Cash from Investing Activity (latest year)Rs -142 Cr
Cash from Financing Activity (latest year)Rs 3,017 Cr
Net Cash Flow (latest year)Rs -4,359 Cr
Free cash flow (latest year)Rs -7,376 Cr
FCFE (approx.: FCF + change in debt)Rs -24,263 Cr
Statement figures
Net sales (TTM)Rs 21,965 Cr
Net sales (latest year)Rs 21,725 Cr
Sales (latest quarter)Rs 5,403 Cr
Operating profit excl. other income (latest year)Rs 9,966 Cr
Operating profit (latest quarter)Rs 2,909 Cr
Other income (TTM)Rs 2,930 Cr
EBITDA (TTM)Rs 14,452 Cr
PBDT (TTM)Rs -158 Cr
Profit before tax (TTM)Rs -375 Cr
Tax (latest year)Rs -515 Cr
Net profit (TTM)Rs -269 Cr
Net profit (latest year)Rs -2,524 Cr
Net profit (latest quarter)Rs 480 Cr
Depreciation (TTM)Rs 217 Cr
Interest (TTM)Rs 14,610 Cr
Cost of goods sold (latest year)Rs 193 Cr
Total expenditure (latest year)Rs 11,759 Cr
Total income (latest year)Rs 23,949 Cr
Share capitalRs 2,488 Cr
ReservesRs 16,288 Cr
Shareholders' fundsRs 18,776 Cr
Total assetsRs 312,971 Cr
Net blockRs 2,563 Cr
Capital work in progressRs 9 Cr
InvestmentsRs 77,763 Cr
Other liabilitiesRs 8,707 Cr
Shares outstanding (crore)0.66
Ownership
Promoter holding78.48% (+2.32 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 0.00 is the lowest in 3.5 years (median 0.00).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | SYNDIBANK | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -1.0% | -2.8% | +1.8 pts |
| 1 month | -32.7% | -6.8% | -25.9 pts |
| 3 months | -46.5% | -7.6% | -38.8 pts |
| 6 months | -51.7% | +0.4% | -52.1 pts |
| 1 year | -60.8% | -9.9% | -50.8 pts |
| 2 years | -72.6% | -13.6% | -59.1 pts |
| 3 years | -78.1% | +14.2% | -92.3 pts |
| 5 years | -85.7% | +27.9% | -113.6 pts |
Red flags
F-score 4 of 8| explain | Share dilution Share count up 76% in a year, 254% in three |
| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Dec 2019Sales ₹5,403 Cr -1.0% vs Dec 2018.
Net profit ₹480 Cr +296.7%.
Activity
CompareNo listed peers in this industry.
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2019-06-20 | Annual General Meeting | |
| 2018-06-20 | Annual General Meeting | |
| 2017-06-15 | Annual General Meeting | |
| 2016-06-16 | Annual General Meeting | |
| 2015-06-18 | Annual General Meeting/ Dividend - Rs 4.70/- Per Share | |
| 2014-06-11 | Annual General Meeting/Dividend Rs 3/- Per Share | |
| 2014-01-20 | Interim Dividend Rs 2.50/- Per Share | |
| 2013-06-14 | Annual General Meeting And Dividend Rs.6.70/- Per Share | |
| 2012-07-11 | Annual General Meeting And Dividend - Rs.3.80 Per Share | |
| 2011-06-15 | Annual General Meeting And Dividend Rs.3.70 Per Share | |
| 2010-06-16 | Annual General Meeting And Dividend Rs.3/- Per Share | |
| 2009-06-17 | Agm/Dividend - 15% | |
| 2009-04-20 | Interim Dividend - 15% | |
| 2008-06-13 | Agm/Dividend - 13% | |
| 2008-03-28 | Interim Dividend - 15% | |
| 2007-06-12 | Agm/Final Dividend-13% | |
| 2006-12-06 | Interim Dividend-15% | |
| 2006-06-19 | Agm/Final Dividend-10% | |
| 2006-05-18 | Election Of Directors |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Syndicate Bank(Merged)?
Syndicate Bank(Merged) (SYNDIBANK) has a market capitalisation of Rs 200 Cr. at the 2020-03-19 close.
What were Syndicate Bank(Merged)'s latest quarterly results?
In the Dec 2019 quarter, Syndicate Bank(Merged) sales was Rs 5,403 Cr (-1.0% vs Dec 2018) and net profit was Rs 480 Cr.