Sintex Plastics Technology Limited
Sintex Plastics Technology Limited, together with its subsidiaries, manufactures and sells plastic products in India, the United States, and Europe. The company operates through two segments, Custom Moulding Business; and Infra, Prefab & Other Business. It offers water storage solutions; interior products, such as doors, plastic sections, and plastoboards; electrical and SMC products comprising S… Read more
Sintex Plastics Technology Limited (SPTL) - Net Assets
Latest net assets as of September 2024: ₹-197.70 Million INR
Based on the latest financial reports, Sintex Plastics Technology Limited (SPTL) has net assets worth ₹-197.70 Million INR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹8.80 Million) and total liabilities (₹206.50 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹-197.70 Million |
| % of Total Assets | -2246.59% |
| Annual Growth Rate | N/A |
| 5-Year Change | -101.23% |
| 10-Year Change | -104.71% |
| Growth Volatility | 195.92 |
Sintex Plastics Technology Limited - Net Assets Trend (2006–2024)
This chart illustrates how Sintex Plastics Technology Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sintex Plastics Technology Limited (2006–2024)
The table below shows the annual net assets of Sintex Plastics Technology Limited from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | ₹-185.20 Million | +91.75% |
| 2023-03-31 | ₹-2.24 Billion | -462.08% |
| 2022-03-31 | ₹620.00 Million | -92.51% |
| 2021-03-31 | ₹8.27 Billion | -44.97% |
| 2020-03-31 | ₹15.04 Billion | -57.98% |
| 2019-03-31 | ₹35.78 Billion | +4.17% |
| 2018-03-31 | ₹34.34 Billion | +10.23% |
| 2017-03-31 | ₹31.16 Billion | +651.27% |
| 2016-03-31 | ₹4.15 Billion | +5.44% |
| 2015-03-31 | ₹3.93 Billion | +7.98% |
| 2014-03-31 | ₹3.64 Billion | +3.25% |
| 2013-03-31 | ₹3.53 Billion | +14.43% |
| 2012-03-31 | ₹3.08 Billion | +5.34% |
| 2011-03-31 | ₹2.93 Billion | +23.76% |
| 2010-03-31 | ₹2.36 Billion | +20.45% |
| 2009-03-31 | ₹1.96 Billion | +3.88% |
| 2008-03-31 | ₹1.89 Billion | +6.21% |
| 2007-03-31 | ₹1.78 Billion | +13.05% |
| 2006-03-31 | ₹1.57 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sintex Plastics Technology Limited'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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹636.20 Million | % |
| Total Equity | ₹-185.20 Million | 100.00% |
Sintex Plastics Technology Limited Competitors by Market Cap
The table below lists competitors of Sintex Plastics Technology Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GROUP PAREF INH. EO 25
F:G5I
|
$7.07 Million |
|
Bd Multimedia
PA:ALBDM
|
$7.07 Million |
|
Dextech Medical AB
F:LQ0
|
$7.07 Million |
|
AddTech Hub Public Company Limited
BK:ADD
|
$7.07 Million |
|
486630
KQ:486630
|
$7.07 Million |
|
Doubledown Interactive Co Ltd
NASDAQ:DDI
|
$7.07 Million |
|
Biosynex
PA:ALBIO
|
$7.06 Million |
|
Khadim India Limited
NSE:KHADIM
|
$7.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sintex Plastics Technology Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,244,900,000 to -185,200,000, a change of 2,059,700,000.
- Net income of 137,200,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 2,881,100,000.
- Other factors decreased equity by 958,600,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹137.20 Million | +74.08% |
| Other Comprehensive Income | ₹2.88 Billion | +1555.67% |
| Other Changes | ₹-958.60 Million | -517.6% |
| Total Change | ₹- | % |
Book Value vs Market Value Analysis
This analysis compares Sintex Plastics Technology Limited'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | ₹56.12 | ₹1.06 | x |
| 2018-03-31 | ₹58.86 | ₹1.06 | x |
| 2019-03-31 | ₹56.36 | ₹1.06 | x |
| 2020-03-31 | ₹23.76 | ₹1.06 | x |
| 2021-03-31 | ₹12.99 | ₹1.06 | x |
| 2022-03-31 | ₹0.83 | ₹1.06 | x |
| 2023-03-31 | ₹-3.53 | ₹1.06 | x |
| 2024-03-31 | ₹-0.29 | ₹1.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sintex Plastics Technology Limited 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-43.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 18.52% | 2.18% | 2.77x | 3.07x | ₹149.57 Million |
| 2008 | 11.94% | 1.52% | 2.44x | 3.21x | ₹36.62 Million |
| 2009 | 9.77% | 1.38% | 2.20x | 3.22x | ₹-4.50 Million |
| 2010 | 25.57% | 3.75% | 2.05x | 3.32x | ₹368.26 Million |
| 2011 | 29.96% | 4.51% | 1.97x | 3.37x | ₹584.22 Million |
| 2012 | 10.18% | 1.39% | 2.15x | 3.40x | ₹5.44 Million |
| 2013 | 20.64% | 2.48% | 2.86x | 2.92x | ₹375.43 Million |
| 2014 | 8.40% | 0.95% | 3.29x | 2.70x | ₹-58.37 Million |
| 2015 | 9.08% | 1.35% | 3.00x | 2.24x | ₹-36.32 Million |
| 2016 | 13.76% | 2.42% | 2.51x | 2.26x | ₹155.74 Million |
| 2017 | 13.50% | 7.44% | 0.63x | 2.87x | ₹1.09 Billion |
| 2018 | 4.03% | 2.50% | 0.63x | 2.57x | ₹-2.05 Billion |
| 2019 | 2.64% | 3.85% | 0.28x | 2.47x | ₹-2.63 Billion |
| 2020 | -75.33% | -123.39% | 0.16x | 3.88x | ₹-12.79 Billion |
| 2021 | -79.25% | -75.86% | 0.15x | 6.85x | ₹-7.33 Billion |
| 2022 | -812.13% | -46.07% | 0.24x | 72.24x | ₹-4.36 Billion |
| 2023 | 0.00% | -18038.34% | 1.29x | 0.00x | ₹-5.42 Billion |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | ₹155.72 Million |
Industry Comparison
This section compares Sintex Plastics Technology Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $13,046,583,226
- Average return on equity (ROE) among peers: 17.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sintex Plastics Technology Limited (SPTL) | ₹-197.70 Million | 18.52% | N/A | $7.07 Million |
| Apollo Tyres Limited (APOLLOTYRE) | $34.01 Billion | 18.01% | 1.52x | $1.47 Billion |
| Asahi India Glass Limited (ASAHIINDIA) | $26.42 Billion | 14.05% | 1.57x | $816.27 Million |
| Automotive Stampings and Assemblies Limited (ASAL) | $562.65 Million | 17.77% | 2.25x | $18.73 Million |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $10.43 Billion | 23.74% | 0.84x | $221.89 Million |
| Automotive Axles Limited (AUTOAXLES) | $3.02 Billion | 6.60% | 0.72x | $86.08 Million |
| Autoline Industries Limited (AUTOIND) | $1.39 Billion | 7.99% | 2.15x | $11.92 Million |
| Balkrishna Industries Limited (BALKRISIND) | $8.61 Billion | 22.59% | 1.53x | $1.99 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $1.36 Billion | 31.89% | 0.52x | $286.08 Million |
| BELRISE INDUSTRIES LTD (BELRISE) | $20.45 Billion | 15.34% | 1.78x | $541.77 Million |
| Bharat Forge Limited (BHARATFORG) | $24.21 Billion | 12.59% | 2.14x | $5.17 Billion |