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As of 6 Nov 2026, Commercial Syn Bags trades at 34.4× trailing earnings, above the industry P/E of 18.1×, and the shares are 22% below their 52-week high. Sales and net profit grew 10% and 48% a year over 3 years, with ROCE of 18% and ROE of 16%. Debt is 0.72× equity, and its dividend yield is 0.2%. It is a small-cap company with a market cap of ₹1,033 Cr, ranked 12th of 83 Packaging & Containers companies by market cap; the shares rose 61% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹247.20
Day high
₹255.60
Day low
₹239.61
Prev. close
₹247.18
Volume
4.6 L

Health check

2 good · 2 fair · 2 to check
  • ReturnsAhead

    +60.5% over a year, better than 7 of 7 peers.

  • Price tagPricier

    P/E 34.4 vs industry 18.1.

  • GrowthStrong

    Sales +10.1%, profit +48.2% a year over 3 years.

  • ProfitabilityAverage

    ROCE 17.8% vs peer median 16.7%.

  • Balance sheetFair

    Debt 0.72× equity, interest covered 4.7×, Piotroski 5 of 9.

  • Red flags1 to check

    P/E of 34.4 against an industry P/E of 18.1.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Packaging & Containers

82 listed peers. Screen the industry

Small cap

₹1,033 Cr, #12 of 83 in its industry by size.

Defensive

Beta 0.37 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹406 Cr · profit ₹30 Cr
Market cap
₹1,033 Cr
Small cap
P/E
34.4
Industry 18.1
Price to book
5.53
Peers 2.06
Dividend yield
0.20%
ROE
16.1%
Peers 14.4%
ROCE
17.8%
Peers 16.7%
Debt to equity
0.72
Debt ₹129 Cr
EPS (TTM)
₹7.16
Face value ₹10
OPM (TTM)
13.0%
Net margin 7.3%
Sales growth
+20.6%
Latest quarter vs a year ago
Profit growth
+60.8%
Latest quarter vs a year ago
Price to sales
2.55
EV/EBITDA 21.1

Strengths and risks

Strengths

  • Quarterly profit up 60.8% on a year ago.
  • Quarterly sales up 20.6% on a year ago.
  • Positive operating cash flow in each of the last 4 years.
  • Promoter stake up from 59.2% to 60.8%.

Risks to check

  • P/E of 34.4 against an industry P/E of 18.1.

Derived automatically from reported figures. Not a recommendation.

About Commercial Syn Bags

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 three segments: Manufacture and sale of Flexible Intermediate Bulk Container (FIBC); Trading of Granules; and Solar Power generation. The company offers BOPP bags, tarpaulin/tarps, container, planter, and waste bags; manufactures and supplies…

Headquarters
Indore
Employees
2,684
Sector
Consumer Cyclical
ISIN
INE073V01015
Website
comsyn.com

Price range

52 weeks

₹136.44₹315.40

Today

₹239.61₹255.60
Avg volume (3M)
7.4 L
1-year return
plus 60.5%
From 52-week high
minus 21.9%

Peers · Packaging & Containers

Compare with peersScreen the whole industry
Company
TIMETECHNOTime Technoplast170.65minus 1.98%8,42415.92.0615.3%13.4%10.3%12.5%28.9%0.86%minus 17.5%
EPLEPL221.31minus 3.61%7,10118.12.2616.7%14.9%19.8%8.5%19.7%2.26%plus 13.4%
AGIAGI Greenpac645.55minus 3.31%4,17711.81.6518.2%14.9%22.0%5.5%10.4%1.08%minus 18.3%
UFLEXUFLEX575.30minus 2.13%4,1546.10.517.5%4.1%14.0%1.4%−12.9%0.52%plus 9.1%
TCPLPACKTCPL Packaging4,431.10minus 2.80%4,02434.95.6118.3%14.4%12.8%7.3%−4.2%0.55%plus 37.9%
JINDALPOLYJindal Poly Films697.50minus 0.11%3,054–1.00−18.2%−29.9%−36.5%−15.6%–0.00%plus 25.0%
KNACKKnack Packaging199.71plus 1.42%2,44421.63.3438.3%35.5%17.8%16.6%67.1%0.00%plus 9.1%
COMSYNCommercial Syn Bags246.23minus 0.38%1,03334.45.5317.8%16.1%13.0%10.1%48.2%0.20%plus 60.5%
Median of 7 peers–−2.13%4,15417.02.0616.7%14.4%14.0%7.3%15.0%0.55%9.1%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
90.598.597.5101109
79.585.585.488.793.4
111312.111.915.7
12.2%13.2%12.4%11.8%14.4%
0.70.40.11.40.8
2.42.12.22.42
2.72.72.72.73
6.68.67.38.111.5
15.5%2.0%18.3%22.0%22.4%
5.68.466.38.9
1.322.011.431.592.13

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+10.1%
Profit CAGR 3Y
+48.2%
EPS CAGR 3Y
+44.4%
ROE
16.1%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
290288348387
–minus 0.5%+20.6%+11.3%
265263313340
24.625.334.946.7
8.5%8.8%10.0%12.1%
1.22.94.12.1
5.77.98.78.3
9.610.98.810.9
−11.401
9.510.721.430.6
14.5%26.8%20.0%14.1%
8.17.917.126.3
–minus 2.8%+117.9%+53.7%
2.081.974.296.27

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
40404040.3
80.688.8110137
75.5109115129
3135.640.952.3
227273306358
114109101131
15.80.61.727.1
5.928.429.529.9
0.10.51.70.5
90.9135171169
227273306358

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
37.66.1138.9
−29.9−28.8−0.2−45.3
−8.323.10.45.2
−0.60.41.2−1.2
−42.8−12.5−9.4−42.2
−5.2−6.4−8.4−3.2
−2.8––−1.6

Shareholding pattern

Source: NSE filings
60.8%
promoters
  • Promoters60.75%
  • Public39.25%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202660.75%39.25%0.00
17 Sep 202660.75%39.25%plus 1.57
30 Jun 202659.18%40.82%0.00
31 Mar 202659.18%40.82%0.00
30 Mar 202659.18%40.82%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you