BANSWRASConsumer Discretionary

Banswara Syntex Limited

Other Textile Products · ISIN INE629D01020 · BSE 503722 · NSE EQ · FV ₹5
Last price
₹110
+0.90%today
What this company does

Banswara Syntex Limited operates in Other Textile Products, part of the Consumer Discretionary sector. It booked ₹316 cr of revenue in its latest quarter (Q1 FY27) and kept 1.5% of sales as profit.

In the report:
48out of 100
Equitytale Health Score
Mixed

Healthier than 48% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 187–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
33

At close. Not part of the score.

Profitability & returns35

How much profit it earns on the money it employs

Balance sheet25

How much it owes, and whether earnings cover the interest

Cash quality63

Whether reported profit actually arrives as cash

Growth & consistency33

Whether sales and profit have grown, and how steadily

Valuation65

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 54%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 1.5% net margin
! Low 3.2% return on equity

What if I invest in BANSWRAS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹110 +0.90%
latest close · 2026-09-17
52-wk low ₹10842 sessions so far52-wk high ₹137
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio20.4Average
LowAverageHigh
P/B ratio0.65Below book
Below bookModerateHigh
EV / EBITDA7.4Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity3.2%Weak
WeakFairStrong ▸15%
Return on capital7.3%Weak
WeakFairStrong
Net margin1.5%Thin
ThinDecentStrong
EBITDA margin9.1%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.81Moderate
LowModerateHigh ▸1
Interest cover1.5×Risky
RiskyOkayStrong ▸5×
Current ratio1.39Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹378 cr
Book value
₹171
EPS
₹1.35
latest quarter
Net debt
₹472 cr
owes more than its cash
Enterprise value
₹850 cr
EBITDA
₹115 cr
annualised
EBIT
₹60 cr
annualised
Operating margin
4.8%
Return on assets
1.5%
Earnings yield
4.89%
P/S
0.30
Sales / share
₹369.0
Tax rate
28.9%
Face value
₹5
Shares
3.4 cr
Working capital
₹176 cr
Current assets
₹624 cr
Current liabilities
₹448 cr
Delivery %
67.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
It earns about 10% on its capital — below the ~14% return we'd require to fund it — so a low price is likely justified, not a bargain.
Models span ₹74₹200, midpoint ₹182

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹316 cr
Other Income₹7 cr
Total Income₹322 cr
Cost of Materials₹141 cr
Purchases of Stock-in-Trade₹3 L
Inventory Change (±)₹-16 cr
Employee Benefit Expense₹80 cr
Finance Costs₹10 cr
Depreciation & Amortisation₹14 cr
Other Expenses₹87 cr
Total Expenses₹317 cr
Profit before Tax₹5 cr
Tax Expense₹1 cr
Share of JV / Associates₹93.4 L
Net Profit₹5 cr
Net margin on total income1.4%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹126 cr38.9%
Employee benefit expense₹80 cr24.9%
Finance costs₹10 cr3.1%
Depreciation & amortisation₹14 cr4.2%
Other expenses₹87 cr27.0%
Tax expense₹1 cr0.5%
Profit for the period₹5 cr1.4%
Total income ₹322 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue340 cr366 cr316 cr
Total income344 cr369 cr322 cr
Expenses326 cr346 cr317 cr
Profit before tax17 cr14 cr5 cr
Tax5 cr4 cr1 cr
Net profit (owners' share)14 cr11 cr5 cr
Net margin (owners' share, on revenue)4.1%3.1%1.5%
EPS (₹)4.093.361.35
YoY (latest quarter): total income +4.1% · net profit
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹1,272 cr
Shareholder equity
₹585 cr
parent shareholders
Total debt
₹474 cr
Cash
₹2 cr
Cash flow · H1 FY26
Operating
₹20 cr
Investing
₹-48 cr
Financing
₹25 cr
Peer comparison
Other Textile Products · by market value
CompanyPriceMarket capP/E
K.P.R. Mill Limited₹1,095₹37,441 cr36.2
Welspun Living Limited₹212₹20,051 cr31.4
Vardhman Textiles Limited₹561₹15,986 cr12.9
Trident Limited₹23₹11,762 cr18.6
Indo Count Industries Limited₹436₹8,625 cr34.1
Garware Technical Fibres Limited₹800₹7,809 cr30.5
Kusumgar Limited₹552₹5,790 cr33.0
Jindal Worldwide Limited₹49₹4,913 cr38.3
Filatex India Limited₹90₹4,012 cr20.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.91%
trailing 12 months
Dividend / share (TTM)
₹1
Last dividend
₹1
ex 23 Jul 2026
ActionDetailEx-date
Dividend₹1 / share23 Jul 2026
Dividend₹1 / share23 Jul 2025
Dividend₹1 / share30 Jul 2024
Dividend₹3 / share28 Jul 2023
Stock splitStock Split From Rs.10/- to Rs.5/-8 Sep 2022
Dividend₹2.5 / share21 Jul 2022
Who owns it · 2026-06-30
No pledge
Promoter
54.2%
FII / Foreign
7.9%
DII / Domestic
Retail / others
37.9%
Promoter stake down 1.9% over the last 12 quarters.
Smart-money activity
Insider trades
SoldUDIT RAVINDRA TOSHNIWAL · Promoter Group10,000 · ₹16.3 L11 Dec 24
SoldUDIT TOSHNIWAL · Promoter Group15,000 · ₹21.7 L19 Aug 24
BoughtKAVITA SONI · Promoter Group8.96 L10 Jun 24
Bulk / block deals
SoldCOFIPALUX INVEST S.A. · NSE10.20 L @ ₹130.55 Mar 25
SoldCOFIPALUX INVEST S.A. · NSE10.00 L @ ₹121.664 Mar 25
SoldRAVINDRA KUMAR TOSHNIWAL · NSE1.79 L @ ₹140.726 Dec 23
Stake changes
SoldUdit Ravindra Toshniwal · promoter→ 0.13% · 15,19926 Aug 26
SoldUdit Ravindra Toshniwal · promoter→ 0.17% · 10,00011 Dec 24
BoughtCofipalux Invest S A→ 6.61% · 11.32 L5 Oct 21
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 29 Oct 2025
See the official result
1
Change in designation of Mr. Ravindrakumar Toshniwal (DIN: 00106789) from Managing Director to Vice – Chairman w.e.f. 7th August, 2025, and he shall be liable to retire by rotation.
Backed by 96% of shareholders other than promotersneeded 75%
6.07 L votes for, 23,071 against · 0% of mutual funds and other big investors said no
2
Change in designation of Mr. Shaleen Toshniwal (DIN: 00246432) from Joint Managing Director to Managing Director w.e.f. 7th August, 2025 and he shall not be liable to retire by rotation.
Backed by 96% of shareholders other than promotersneeded 75%
6.07 L votes for, 23,074 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 13 named members
owning 54.2% between them · as of 2026-06-30
Shaleen Toshniwal12.51%
Ravindrakumar Toshniwal11.39%
Radhika R Toshniwal6.91%
Kavita Soni5.65%
Sonal Toshniwal4.87%
Navnita Mehra4.69%
Niral Trading Pvt Ltd3.28%
Lawson Trading Co. Pvt Ltd2.37%
Business done with them
FY2025 · 3 of the group
The company paid ₹22.1 L to companies in the promoter group last year — about 0.0% of its ₹1,293 cr revenue.
Shri Dhruv Toshniwal
Contribution made to them · As stated below
₹20 L
company paid
LAWSON TRADING CO PVT LTD
Other payments to them · As stated below
also owns 2.37% of the company
₹1.4 L
company paid
Smt. Sonal Toshniwal
Other payments to them · As stated below
also owns 4.87% of the company
₹0.63 L
company paid

The company also transacted with 22 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.