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Commercial Syn Bags Limited COMSYN NSE

Consumer Cyclical · Packaging & Containers · India
https://comsyn.com

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, two-loop, BOPP laminated, type C, and ventilated FIBC bags; HDPE/PP bags; HDPE/PP fabric; and tarpaulin under the TIGER TARPAULIN brand name. It also provides ground cover, pond liners, mulch films, laminates, vermi beds, and flexible pipes under the COMSYN SWAJAL brand name. In addition, the company offers geotextiles, ground cover, nets, and other technical textiles products, as well as various other products under the COMSYN brand name. Further, it provides container, planter, and waste bags; geomembrane and apron covers; and courier parcel large delivery and shopping bags. Additionally, the company trades in granules. It serves the construction, agriculture, asbestos waste removal, bulk packaging, household waste removal, human safety, gardens, green houses, shelter, grain, pulses, animal food, seeds, fertilizers, chemicals, and food products. The company also exports its products to the European Union, the United Kingdom, the United States, and Latin America. Commercial Syn Bags Limited was incorporated in 1984 and is based in Indore, India.

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₹153.53
+40.79% 1Y

Market & Price

Market Cap
₹619.33 Cr
Current Price
₹153.53
High / Low (52W)
₹192.59 / ₹109.05
Beta
0.24

Valuation

Stock P/E
22.61
Industry PE
26.67
Forward P/E
-
PEG Ratio
-
Book Value
₹40.69
Price to Book
3.77
P/S
1.61
EV/EBITDA
15.96
Dividend Yield
0.26%

Profitability & Returns

ROCE
16.22%
ROE
-
ROA
-
Profit Margin
7.30%
Op Margin
9.60%
EPS (Latest Qtr)
₹1.43
EPS (TTM)
₹6.79

Balance Sheet & Liquidity

Debt/Equity
0.67
Quick Ratio
-
Current Ratio
-
Debt
₹108.99 Cr
Total Assets
₹307.68 Cr
Current Assets
₹166.09 Cr
Working Capital
₹44.32 Cr

Ownership

Promoter Holding
76.88%
Chg in Prom Hold
-
FII / Inst Holding
0.00%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹722.74 Cr
Total Revenue (TTM)
₹384.24 Cr
EBITDA
₹45.27 Cr
Free Cash Flow
-
Operating Cash Flow
-
Shares Outstanding
₹4.03 Cr
Gross Margin
46.18%
Payout Ratio
5.90%

Growth (CAGR)

Revenue 5Y
2.54%
Profit 5Y
-2.21%
Revenue (YoY)
12.70%
Earnings (YoY)
62.50%

PROS

  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Earnings shrank at -2.2% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Consumer Cyclical).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 COMSYN Commercial Syn Bags Limited NSE 153.53 22.61 ₹619.33 Cr 0.26% 16.22% - 2.54% -2.21%
2 MARUTI Maruti Suzuki India Limited NIFTY50NSEAI 13,127.00 28.09 ₹4.13 L Cr 1.07% 17.22% 14.43% 16.60% 21.11%
3 M&M Mahindra & Mahindra Limited NIFTY50NSEAI 3,045.60 20.00 ₹3.66 L Cr 1.08% 17.26% 18.75% 18.44% 18.48%
4 TITAN Titan Company Limited NIFTY50NSE 4,074.90 71.43 ₹3.61 L Cr 0.27% 38.43% 37.13% 23.83% 16.00%
5 ETERNAL Eternal Limited NSEAITECH 250.58 626.45 ₹2.30 L Cr - 2.87% 1.19% 97.70% 45.90%
6 EICHERMOT Eicher Motors Limited NIFTY50NSEAI 7,177.00 35.71 ₹1.97 L Cr 0.98% 26.43% 23.77% 17.47% 23.70%
7 TVSMOTOR TVS Motor Company Limited NSE 3,355.70 52.91 ₹1.59 L Cr 0.36% 28.86% 31.62% 26.91% 31.46%
8 HYUNDAI HYUNDAI MOTOR INDIA LTD NSE 1,924.00 28.82 ₹1.56 L Cr 1.09% 32.62% 29.92% 5.50% 4.87%
9 MOTHERSON Samvardhana Motherson International Limited NSEAI 145.74 39.82 ₹1.53 L Cr 0.41% 11.82% 10.11% 17.10% 37.17%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue -86.49 Cr97.79 Cr90.51 Cr98.45 Cr97.48 Cr
Cost of Revenue -44.45 Cr130.37 Cr48.42 Cr51.91 Cr50.67 Cr
Gross Profit -42.04 Cr-32.58 Cr42.10 Cr46.55 Cr46.81 Cr
Operating Expenses -35.24 Cr-42.75 Cr33.80 Cr36.21 Cr37.45 Cr
Operating Income -6.81 Cr10.16 Cr8.30 Cr10.33 Cr9.36 Cr
EBITDA -9.58 Cr14.04 Cr11.72 Cr13.36 Cr12.24 Cr
Interest Expense -2.74 Cr1.58 Cr2.44 Cr2.10 Cr2.16 Cr
Pretax Income -4.20 Cr10.91 Cr6.57 Cr8.59 Cr7.35 Cr
Tax Provision -68.44 L2.84 Cr1.02 Cr17.06 L1.34 Cr
Net Income -3.52 Cr8.07 Cr5.55 Cr8.42 Cr6.00 Cr
Diluted EPS 0.900.88-1.322.011.43

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Revenue 322.59 Cr289.96 Cr288.43 Cr347.82 Cr
Cost of Revenue 212.20 Cr223.04 Cr225.95 Cr258.84 Cr
Gross Profit 110.39 Cr66.92 Cr62.48 Cr88.98 Cr
Operating Expenses 85.23 Cr51.91 Cr48.13 Cr62.94 Cr
Operating Income 25.15 Cr15.01 Cr14.35 Cr26.04 Cr
EBITDA 36.51 Cr24.80 Cr29.56 Cr39.99 Cr
Interest Expense 5.87 Cr5.72 Cr7.89 Cr8.73 Cr
Pretax Income 21.19 Cr9.46 Cr10.74 Cr21.41 Cr
Tax Provision 2.88 Cr1.37 Cr2.88 Cr4.29 Cr
Net Income 18.31 Cr8.09 Cr7.86 Cr17.12 Cr
Diluted EPS 14.642.081.974.29

Compounded Sales Growth

5 Years:2.54%
1 Year:12.70%

Compounded Profit Growth

5 Years:-2.21%
1 Year:62.50%

Stock Price Performance

1 Year:+40.79%
6 Months:+8.94%
3 Months:-19.81%
1 Month:+0.03%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets 221.52 Cr227.06 Cr272.91 Cr307.68 Cr
Current Assets 118.84 Cr100.26 Cr125.93 Cr166.09 Cr
Cash & Equivalents 67.30 L6.20 L46.38 L1.65 Cr
Inventory 59.31 Cr58.13 Cr72.14 Cr80.72 Cr
Receivables 35.66 Cr27.65 Cr42.41 Cr46.18 Cr
Total Liabilities 115.83 Cr106.53 Cr144.18 Cr157.63 Cr
Current Liabilities 76.13 Cr60.40 Cr99.44 Cr121.78 Cr
Long Term Debt 27.74 Cr34.53 Cr30.90 Cr20.14 Cr
Total Debt 83.90 Cr75.53 Cr108.54 Cr114.68 Cr
Total Equity 105.70 Cr120.53 Cr128.74 Cr150.05 Cr
Shares Outstanding 3.72 Cr4.00 Cr4.00 Cr4.00 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow 6.31 Cr37.60 Cr6.10 Cr1.02 Cr
Investing Cash Flow -7.48 Cr-29.88 Cr-28.81 Cr-21.04 L
Financing Cash Flow -53.84 L-8.34 Cr23.12 Cr37.79 L
Capital Expenditure -18.43 Cr-42.82 Cr-12.47 Cr-9.40 Cr
Free Cash Flow -12.12 Cr-5.22 Cr-6.38 Cr-8.38 Cr
Net Change in Cash -1.71 Cr-61.09 L40.19 L1.18 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Gross Margin % 34.2%23.1%21.7%25.6%
Operating Margin % 7.8%5.2%5.0%7.5%
Net Margin % 5.7%2.8%2.7%4.9%
ROE % 17.3%6.7%6.1%11.4%
ROCE % 17.3%9.0%8.3%14.0%

Shareholding Pattern

Insiders
76.88%
Institutions
0.00%
Public Float
0.00%

Analyst View

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