Surat-based integrated polyester maker of PET chips, POY, FDY and texturised yarn; ~1 lakh TPA capacity.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 104 | 104 | 104 | 104 | 104 | 105 | 133 | 133 |
| Reserves | -157 | -158 | -156 | -220 | -280 | 52 | 70 | 79 |
| Borrowings | 598 | 583 | 551 | 489 | 490 | 99 | 98 | 161 |
| Other Liabilities | 201 | 96 | 98 | 82 | 114 | 172 | 170 | 178 |
| Total Liabilities | 745 | 625 | 597 | 455 | 428 | 428 | 471 | 551 |
| AssetsFixed Assets | 276 | 242 | 212 | 185 | 161 | 142 | 142 | 135 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 7 | 32 |
| Investments | 4 | 0 | 0 | 0 | 0 | 1 | 0 | 14 |
| Other Assets | 465 | 383 | 385 | 270 | 267 | 285 | 321 | 370 |
| Total Assets | 745 | 625 | 597 | 455 | 428 | 428 | 471 | 551 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -77 | 85 | 24 | 61 | 73 | 15 | 410 | -35 |
| Cash from Investing | 5 | 0 | 1 | 1 | -1 | 1 | -1 | -49 |
| Cash from Financing | 51 | -95 | -24 | -62 | -68 | 1 | -390 | 82 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -74 | 78 | 22 | 59 | 72 | 15 | 408 | -77 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
SUMEETINDS · CYCLICAL_UNMODELABLE
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