COMMERCIAL SYN BAGS ORD (BSE) (COMSYN) - Net Assets
Based on the latest financial reports, COMMERCIAL SYN BAGS ORD (BSE) (COMSYN) has net assets worth Rs1.62 Billion INR (≈ $17.57 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs3.16 Billion ≈ $34.13 Million USD) and total liabilities (Rs1.53 Billion ≈ $16.56 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check COMSYN asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.62 Billion |
| % of Total Assets | 51.47% |
| Annual Growth Rate | 26.72% |
| 5-Year Change | 90.66% |
| 10-Year Change | 420.2% |
| Growth Volatility | 14.27 |
COMMERCIAL SYN BAGS ORD (BSE) - Net Assets Trend (2011–2025)
This chart illustrates how COMMERCIAL SYN BAGS ORD (BSE)'s net assets have evolved over time, based on quarterly financial data. Also explore total assets of COMMERCIAL SYN BAGS ORD (BSE) for the complete picture of this company's asset base.
Annual Net Assets for COMMERCIAL SYN BAGS ORD (BSE) (2011–2025)
The table below shows the annual net assets of COMMERCIAL SYN BAGS ORD (BSE) from 2011 to 2025. For live valuation and market cap data, see COMSYN company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs1.50 Billion ≈ $16.23 Million |
+16.55% |
| 2024-03-31 | Rs1.29 Billion ≈ $13.92 Million |
+6.81% |
| 2023-03-31 | Rs1.21 Billion ≈ $13.04 Million |
+14.04% |
| 2022-03-31 | Rs1.06 Billion ≈ $11.43 Million |
+34.31% |
| 2021-03-31 | Rs786.98 Million ≈ $8.51 Million |
+14.20% |
| 2020-03-31 | Rs689.11 Million ≈ $7.45 Million |
+17.51% |
| 2019-03-31 | Rs586.42 Million ≈ $6.34 Million |
+22.33% |
| 2018-03-31 | Rs479.39 Million ≈ $5.18 Million |
+15.74% |
| 2017-03-31 | Rs414.18 Million ≈ $4.48 Million |
+43.59% |
| 2016-03-31 | Rs288.44 Million ≈ $3.12 Million |
+26.17% |
| 2015-03-31 | Rs228.62 Million ≈ $2.47 Million |
+38.03% |
| 2014-03-31 | Rs165.63 Million ≈ $1.79 Million |
+35.56% |
| 2013-03-31 | Rs122.19 Million ≈ $1.32 Million |
+40.64% |
| 2012-03-31 | Rs86.88 Million ≈ $939.54K |
+59.52% |
| 2011-03-31 | Rs54.46 Million ≈ $588.99K |
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Equity Component Analysis
This analysis shows how different components contribute to COMMERCIAL SYN BAGS ORD (BSE)'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4621.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs954.23 Million | 63.60% |
| Common Stock | Rs399.52 Million | 26.63% |
| Other Comprehensive Income | Rs36.92 Million | 2.46% |
| Other Components | Rs109.80 Million | 7.32% |
| Total Equity | Rs1.50 Billion | 100.00% |
COMMERCIAL SYN BAGS ORD (BSE) Competitors by Market Cap
The table below lists competitors of COMMERCIAL SYN BAGS ORD (BSE) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Derluks Yatirim Holding AS
IS:DERHL
|
$66.81 Million |
|
Inversa Prime SOCIMI S.A.
MC:YIPS
|
$66.81 Million |
|
Dongyang Expre
KO:084670
|
$66.83 Million |
|
CUE Energy Resources Ltd
AU:CUE
|
$66.84 Million |
|
Daejung Chemicals & Metals Co.Ltd
KQ:120240
|
$66.79 Million |
|
TSA
KLSE:0297
|
$66.78 Million |
|
NEOOTO Co. Ltd
KQ:212560
|
$66.75 Million |
|
PT Wahana Interfood Nusantara Tbk
JK:COCO
|
$66.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in COMMERCIAL SYN BAGS ORD (BSE)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,287,361,000 to 1,500,479,000, a change of 213,118,000 (16.6%).
- Net income of 171,207,000 contributed positively to equity growth.
- New share issuances of 36,000,000 increased equity.
- Other comprehensive income increased equity by 36,000,000.
- Other factors decreased equity by 30,089,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs171.21 Million | +11.41% |
| Share Issuances | Rs36.00 Million | +2.4% |
| Other Comprehensive Income | Rs36.00 Million | +2.4% |
| Other Changes | Rs-30.09 Million | -2.01% |
| Total Change | Rs- | 16.55% |
Book Value vs Market Value Analysis
This analysis compares COMMERCIAL SYN BAGS ORD (BSE)'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.11x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 100.64x to 4.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-03-31 | Rs1.54 | Rs154.61 | x |
| 2012-03-31 | Rs2.45 | Rs154.61 | x |
| 2013-03-31 | Rs3.45 | Rs154.61 | x |
| 2014-03-31 | Rs4.67 | Rs154.61 | x |
| 2015-03-31 | Rs8.92 | Rs154.61 | x |
| 2016-03-31 | Rs8.14 | Rs154.61 | x |
| 2017-03-31 | Rs12.64 | Rs154.61 | x |
| 2018-03-31 | Rs13.52 | Rs154.61 | x |
| 2019-03-31 | Rs16.54 | Rs154.61 | x |
| 2020-03-31 | Rs19.44 | Rs154.61 | x |
| 2021-03-31 | Rs22.20 | Rs154.61 | x |
| 2022-03-31 | Rs28.86 | Rs154.61 | x |
| 2023-03-31 | Rs31.00 | Rs154.61 | x |
| 2024-03-31 | Rs32.27 | Rs154.61 | x |
| 2025-03-31 | Rs37.60 | Rs154.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently COMMERCIAL SYN BAGS ORD (BSE) utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.41%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.92%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 2.05x
- Recent ROE (11.41%) is below the historical average (15.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 11.67% | 1.40% | 1.80x | 4.66x | Rs911.80K |
| 2012 | 22.53% | 3.58% | 1.82x | 3.46x | Rs10.89 Million |
| 2013 | 17.78% | 3.21% | 1.38x | 4.00x | Rs9.50 Million |
| 2014 | 23.78% | 4.15% | 1.52x | 3.76x | Rs22.83 Million |
| 2015 | 22.97% | 4.68% | 1.60x | 3.07x | Rs29.66 Million |
| 2016 | 20.56% | 5.06% | 1.71x | 2.38x | Rs30.45 Million |
| 2017 | 12.84% | 4.42% | 1.28x | 2.27x | Rs11.75 Million |
| 2018 | 12.85% | 3.83% | 1.42x | 2.36x | Rs13.69 Million |
| 2019 | 19.26% | 5.46% | 1.51x | 2.33x | Rs54.30 Million |
| 2020 | 16.58% | 5.98% | 1.36x | 2.03x | Rs45.32 Million |
| 2021 | 15.23% | 5.64% | 1.08x | 2.50x | Rs41.13 Million |
| 2022 | 17.32% | 5.68% | 1.46x | 2.10x | Rs77.38 Million |
| 2023 | 6.71% | 2.79% | 1.28x | 1.88x | Rs-39.67 Million |
| 2024 | 6.10% | 2.72% | 1.06x | 2.12x | Rs-50.15 Million |
| 2025 | 11.41% | 4.92% | 1.13x | 2.05x | Rs21.16 Million |
Industry Comparison
This section compares COMMERCIAL SYN BAGS ORD (BSE)'s net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $2,256,451,520
- Average return on equity (ROE) among peers: 3.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| COMMERCIAL SYN BAGS ORD (BSE) (COMSYN) | Rs1.62 Billion | 11.67% | 0.94x | $66.80 Million |
| AGI Greenpac Limited (AGI) | $13.78 Billion | 6.46% | 0.87x | $443.60 Million |
| AMD Industries Limited (AMDIND) | $1.05 Billion | 1.02% | 1.62x | $9.17 Million |
| Antarctica Limited (ANTGRAPHIC) | $159.64 Million | -2.03% | 2.17x | $1.44 Million |
| Arrow Greentech Limited (ARROWGREEN) | $106.21 Million | -2.55% | 1.05x | $87.08 Million |
| Balkrishna Paper Mills Limited (BALKRISHNA) | $-1.50 Billion | 0.00% | 0.00x | $6.28 Million |
| B&B Triplewall Containers Limited (BBTCL) | $129.80 Million | 14.86% | 2.79x | $42.43 Million |
| Bkm Industries Limited (BKMINDST) | $2.36 Billion | 5.12% | 0.94x | $1.28 Million |
| Borosil Scientific (BOROSCI) | $3.76 Billion | 6.26% | 0.31x | $110.49 Million |
| Emmbi Industries Limited (EMMBI) | $468.82 Million | 5.48% | 0.78x | $17.45 Million |
About COMMERCIAL SYN BAGS ORD (BSE)
Commercial Syn Bags Limited, together with its subsidiary, Comsyn India Private Limited, engages in the manufacturing and exporting of various packaging solutions in India and internationally. It operates through two segments, Manufacturing and Trading. The company offers flexible intermediate bulk container (FIBC) comprising tunnel lift, builder, circular, skip, baffle, UN, silo, single-loop, tw… Read more