Commercial Syn Bags Share Price & Earnings Call Analysis

₹205.43-0.08% today
Market cap
₹862 Cr
P/E
27.29
ROE
16.85%
PEG
0.56
Price to sales
2.14
Debt to equity
0.65
52W high / low
₹307 / ₹138
Sales growth (5Y)
12.47%
EBITDA margin
12.21%
Net profit margin
7.01%
Promoter holding
60.75%
Sales (last year)
₹403 Cr

Incorporated in 1984, Commercial Syn Bags Ltd manufactuers and exports containers and packaging materials[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Industrial Products
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. 3

Portfolio builder

Build your portfolio
from the top-ranked stocks

  1. 1. Pick 3–15 stocks
  2. 2. Choose large, mid or small cap and your sectors
  3. 3. Get a portfolio built from the rankings
Build my portfolio

Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Industrial Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹448 Cr17.9
240%+Up 2%+₹413 Cr12.0
340%+Up 2%+₹324 Cr22.7
440%+Up 0–2%₹1,496 Cr32.8
540%+Up 0–2%₹1,079 Cr12.7
640%+Flat₹827 Cr21.4

Sign up free to see every company in the sector ranking and track Commercial Syn Bags.

Pro shows every company guiding 40%+ revenue growth →Full Industrial Products ranking

Financials of Commercial Syn Bags

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Commercial Syn Bags

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +64.9960.7579.7867.1269.5469.1275.1285.6383.8497.0289.3897.4496.99
Expenses +60.7754.7873.8260.9166.2761.4169.4679.1175.8886.9979.2485.3785.66
Operating Profit4.225.975.966.213.277.715.666.527.9610.0310.1412.0711.33
OPM %6.49%9.83%7.47%9.25%4.70%11.15%7.53%7.61%9.49%10.34%11.34%12.39%11.68%
Other Income +0.970.470.260.550.891.500.510.280.752.450.610.950.70
Interest1.441.461.441.861.482.032.141.922.542.162.262.012.05
Depreciation2.022.252.202.382.452.622.682.362.340.432.402.372.44
Profit before tax1.732.732.582.520.234.561.352.523.839.896.098.647.54
Tax %13.87%13.19%0.39%29.37%73.91%37.72%25.93%4.76%14.62%27.00%17.08%1.16%17.11%
Net Profit +1.502.382.571.780.052.841.002.403.277.235.068.546.25
EPS in Rs0.380.600.640.450.010.710.250.600.821.811.272.141.56

Financials of Commercial Syn Bags

Profit & Loss

Annual income statement trend

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +96112117119161207191214322291286341381
Expenses +86100103107145181167187291271262311337
Operating Profit10131412152624263020233044
OPM %10%11%12%10%10%12%12%12%9%7%8%9%11%
Other Income +0111012-043345
Interest3433364465798
Depreciation23344678881088
Profit before tax57889151415219101832
Tax %25%29%27%30%31%25%21%17%13%15%27%21%
Net Profit +4565611111218871427
EPS in Rs6.358.082.291.501.743.183.223.414.892.021.813.486.78
Dividend Payout %0%0%0%0%0%16%16%20%14%0%0%12%

Financials of Commercial Syn Bags

Balance Sheet

Capital structure and asset base

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital22912121212121240404040
Reserves1421203036475767938088106118
Borrowings +262825273954527873659895101
Other Liabilities +19191526252419313029304244
Total Liabilities62706994112137140187208215256283303
Fixed Assets +24273135315958777179908380
CWIP0301162140013002
Investments000000000-0222223
Other Assets +38403858657568110137123144178198
Total Assets62706994112137140187208215256283303

Financials of Commercial Syn Bags

Cash Flows

Operating, investing and financing cash movement

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +289271027-143648
Cash from Investing Activity +-4-8-3-9-15-18-17-17-3-30-291
Cash from Financing Activity +2-0-67116-1019-3-725-8
Net Cash Flow00-002-2-02-2-101
Free Cash Flow-205-7-9-910-1427-27
CFO/OP29%82%82%32%62%53%130%7%23%195%27%32%

Financials of Commercial Syn Bags

Ratios

Working capital efficiency and return ratios

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days634945485263353640355346
Inventory Days7073831207457110183106119149155
Days Payable362838493641213628302836
Cash Conversion Cycle9895891199179124183118124174166
Working Capital Days-6-1314222727354057604252
ROCE %21%23%22%18%16%21%16%13%16%8%8%11%
39out of 100

Momentum score · price trend

39 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+30.1%79%
Last 6 months+34.2%84%
Last 3 months−1.5%65%

The price is 33% below its all-time high of ₹307.05 (18 Sept 2026). Stocks more than 20% below their peak have their score halved, so 78 became 39.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Commercial Syn Bags: 0.4 × 79 + 0.4 × 84 + 0.2 × 65 = 78, halved to 39 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Others in Industrial Products this season

  • Cosmo First (Q2 FY27)

    Q2 FY27 Net Revenue: ₹1,388 Cr, +51% YoY (vs ₹919 Cr in Q2 FY26) [Page 10, 3] . Key investor presentation takeaways from Cosmo First Ltd's Q2 FY27 investor pres

  • Inox India Ltd (Q2 FY27)

    Q2 FY27 revenue: ₹467 Cr, up 26.6% YoY from ₹369 Cr in Q2 FY26 (Page 20). Key investor presentation takeaways from Inox India Ltd's Q2 FY27 investor presentatio

  • Subros Ltd (Q2 FY27)

    1,198.90 Cr. Key investor presentation takeaways from Subros Ltd's Q2 FY27 investor presentation — and how it ranks against sector peers.

  • Graphite India (Q2 FY27)

    826 Crores, up 13.3% year-on-year (YoY) (Page 4, 9, 14) . Key investor presentation takeaways from Graphite India Ltd's Q2 FY27 investor presentation — and how