SUNCITYSY

The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Suncity Synthetics latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Accounts Receivable, Short Term Loans & Advances

Suncity Synthetics balance sheet is weak and might have solvency issues

The profit is oscillating. The profit of Suncity Synthetics is ₹0.13 Crs for Mar 2024, -₹0.12 Crs for Mar 2023 and ₹0.28 Crs for Mar 2022

The debt of Suncity Synthetics is decreasing. Latest debt of Suncity Synthetics is -₹0.03 Crs as of Sep-24. This is less than Mar-24 when it was ₹4.61 Crs.

Suncity Synthetics is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Suncity Synthetics is 47.09, while 3 year average PE is 16.56. Also latest EV/EBITDA of Suncity Synthetics is 0.0 while 3yr average is 12.74.

Suncity Synthetics has given lower returns compared to its competitors. Suncity Synthetics has grown at ~6.48% over the last 10yrs while peers have grown at a median rate of 10.08%

Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Suncity Synthetics is 45.46% and last quarter promoter holding is 45.46%.

The mutual fund holding of Suncity Synthetics is stable. The current mutual fund holding in Suncity Synthetics is 3.02% while previous quarter holding is 3.02%.