On 6 Nov 2026, AYM Syntex was priced at ₹260.91, or 45.1× trailing earnings, against an industry P/E of 17.0×, and the shares are 21% below their 52-week high. Its ROCE of 4.3% is the lowest among the 7 largest Textile Manufacturing peers, and sales and net profit fell 2.1% and 2.9% a year over 3 years. Debt is 0.34× equity. It is a small-cap company with a market cap of ₹1,534 Cr, ranked 24th of 246 Textile Manufacturing companies by market cap; the shares rose 60% over the past year.
- ₹278.60
- ₹278.60
- ₹260.00
- ₹272.97
- 57.8K
Health check
- ReturnsAhead
+59.9% over a year, better than 5 of 7 peers.
- Price tagPricier
P/E 45.1 vs industry 17.0.
- GrowthShrinking
Sales −2.1%, profit −2.9% a year over 3 years.
- ProfitabilityWeak
ROCE 4.3% vs peer median 10.7%.
- Balance sheetFair
Debt 0.34× equity, interest covered 1.5×, Piotroski 4 of 9.
- Red flags2 to check
Return on equity is low at 5.7%.
Small cap
Defensive
Key metrics
- Market cap
- ₹1,534 Cr
- Small cap
- P/E
- 45.1
- Industry 17.0
- Price to book
- 2.49
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- 5.7%
- Peers 10.1%
- ROCE
- 4.3%
- Peers 10.7%
- Debt to equity
- 0.34
- Debt ₹206 Cr
- EPS (TTM)
- ₹5.78
- Face value ₹10
- OPM (TTM)
- 9.3%
- Net margin 2.3%
- Sales growth
- +29.3%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 1.03
- EV/EBITDA 13.1
Strengths and risks
Strengths
- Quarterly sales up 29.3% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 5.7%.
- P/E of 45.1 against an industry P/E of 17.0.
About AYM Syntex
AYM Syntex Limited manufactures and sells polyester filament yarn, nylon filament, and bulk continuous filament yarns for the textile and floor-covering industries in India, Australia, the European Union, New Zealand, the United Kingdom, the United States, and internationally. The company also offers sewing threads and industrial yarns. Its products are used in various applications, including residential wall-to-wall, outdoor mats, home textiles, bath…
- Headquarters
- Mumbai
- Employees
- 1,504
- Sector
- Consumer Cyclical
- ISIN
- INE193B01039
- Website
- aymsyntex.com
Price range
- Avg volume (3M)
- 1.4 L
- 1-year return
- plus 59.9%
- From 52-week high
- minus 20.9%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| AYMSYNTEXAYM Syntex | 260.91 | minus 4.42% | 1,534 | 45.1 | 2.49 | 4.3% | 5.7% | 7.7% | −2.1% | −2.9% | 0.00% | plus 59.9% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 349 | 324 | 366 | 351 | 451 | |
| 330 | 300 | 332 | 320 | 401 | |
| 19.4 | 23.4 | 33.3 | 31.4 | 49.9 | |
| 5.6% | 7.2% | 9.1% | 9.0% | 11.1% | |
| 4.9 | 1.3 | 2.2 | 1.2 | 2 | |
| 8.3 | 8.4 | 7.8 | 8.2 | 9.3 | |
| 16.6 | 14 | 14.3 | 14.9 | 15.3 | |
| – | – | – | – | −8.3 | |
| −0.6 | 2.3 | 13.4 | 9.6 | 19.1 | |
| 30.4% | 35.9% | 32.8% | 9.4% | 21.5% | |
| −0.4 | 1.5 | 9 | 8.7 | 15 | |
| -0.07 | 0.25 | 1.54 | 1.47 | 2.52 |
Profit & loss
- Sales CAGR 3Y
- −2.1%
- Profit CAGR 3Y
- −2.9%
- EPS CAGR 3Y
- −7.4%
- ROE
- 5.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,426 | 1,315 | 1,460 | 1,338 | |
| – | minus 7.8% | +11.0% | minus 8.4% | |
| 1,330 | 1,226 | 1,340 | 1,245 | |
| 96.4 | 88.9 | 119 | 92.9 | |
| 6.8% | 6.8% | 8.2% | 6.9% | |
| −2.9 | −7.3 | −11.4 | −3 | |
| 25.3 | 30.3 | 25.5 | 18.6 | |
| 56.5 | 57.9 | 62 | 61.7 | |
| −1 | 7.8 | −1.2 | −0.1 | |
| 10.6 | 1.3 | 19.4 | 9.6 | |
| 32.6% | −54.9% | 39.9% | 31.9% | |
| 7.2 | 2 | 11.6 | 6.5 | |
| – | minus 71.5% | +470.5% | minus 43.7% | |
| 1.41 | 0.40 | 2.12 | 1.12 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 50.4 | 50.6 | 58.5 | 58.6 | |
| 370 | 373 | 519 | 530 | |
| 276 | 324 | 202 | 188 | |
| 224 | 277 | 251 | 295 | |
| 920 | 1,025 | 1,031 | 1,072 | |
| 483 | 502 | 504 | 573 | |
| 35.6 | 22.4 | 21.8 | 47.3 | |
| 1.1 | 7.1 | 5.8 | 5.2 | |
| 22.2 | 7.1 | 18.2 | 4.7 | |
| 378 | 486 | 481 | 442 | |
| 920 | 1,025 | 1,031 | 1,072 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 118 | 63.6 | 108 | 151 | |
| −73.9 | −55.4 | −68.8 | −119 | |
| −39 | −10.3 | −28.1 | −45.1 | |
| 5.2 | −2 | 11.1 | −13.4 | |
| −78 | −57.5 | −73.9 | −123 | |
| 40.2 | 6.1 | 34.1 | 28.5 |
Shareholding pattern
- Promoters65.67%
- Public34.33%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 65.67% | 34.33% | minus 0.06 | |
| 30 Jun 2026 | 65.73% | 34.27% | minus 0.13 | |
| 31 Mar 2026 | 65.86% | 34.14% | minus 0.04 | |
| 31 Dec 2025 | 65.90% | 34.10% | 0.00 | |
| 30 Sep 2025 | 65.90% | 34.10% | – |
Major shareholders
Filings & events
News
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