AYM Syntex Limited (AYMSYNTEX) AI Stock Analysis

• Market Cap: ₹9.39B
• Dividend Yield: N/A
• Average Volume (3M): 1.65K
• Price to Earnings (P/E): 635.8
• Beta (1Y): 0.94
• Revenue Growth: -2.89%
• EPS Growth: -94.82%
• Country: IN
• Employees: 1,332
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Apparel - Manufacturers
• EPS (TTM): N/A
• Shares Outstanding: 58,581,093
• 10 Day Avg. Volume: 764
• 30 Day Avg. Volume: 1,654
• PEG Ratio: 0.25
• Price to Book (P/B): 2.14
• Price to Sales (P/S): 0.83
• P/FCF Ratio: 36.19
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: ₹154.00 ▼(-9.33% Downside)

AYM Syntex's overall stock score is primarily driven by its strong financial performance, despite weak technical indicators and high valuation concerns. The stock's bearish momentum and high P/E ratio suggest caution, but the company's solid financial foundation provides some support.

Positive Factors

Strong gross and EBIT margins

Sustained strong gross and EBIT margins point to effective cost controls and value-added product mix in specialty yarns. Over months, this margin structure provides a durable buffer against raw-material volatility, supports reinvestment in R&D/capacity and preserves competitive pricing flexibility.

Solid balance sheet with manageable leverage

A favorable debt-to-equity ratio and stable equity base give the company financial flexibility to fund capex and navigate demand cycles without relying heavily on market financing. This structural strength supports strategic investments in specialized textiles and reduces refinancing risk over the medium term.

Positive operating cash flow trend

Rising operating cash flow indicates the core business generates cash from operations, enabling internal funding for working capital and selective investments. Over a multi-month horizon this cash-generation capability enhances resilience and reduces dependence on external capital for growth initiatives.

Negative Factors

Severe EPS decline

A near-95% EPS contraction signals pronounced earnings volatility or large one-off impacts that materially weaken intrinsic profitability. Persistently depressed EPS undermines retained earnings, lowers return on equity, and constrains the company's ability to fund growth or absorb future shocks without corrective action.

Low net profit margin compresses bottom line

Despite healthy gross and EBIT margins, a relatively low net margin implies financing or tax burdens reduce shareholder returns. Structurally, this limits internal cash available for expansion, makes the company sensitive to cost increases, and weakens long-term profitability resilience.

Heavy capex weighing on free cash flow growth

Substantial and ongoing capital expenditures constrain free cash flow growth and limit discretionary spending. If capex remains elevated while revenue growth is uneven, the company may face funding trade-offs, slower deleveraging or the need for external financing, impacting long-term strategic flexibility.

AYM Syntex Limited Business Overview & Revenue Model

Company Description

AYM Syntex Limited manufactures and sells synthetic yarns in India. It offers bulk continuous filament yarns used in residential wall to wall, contract/hospitality, outdoor, handmade, and automotive carpets, as well as rugs, bath mats, and carpet tiles; and sewing threads and industrial yarns. The company also provides textile yarn and packaged dyed yarns for various applications, such as apparel and fashion, sarees and dress materials, hosiery and socks, automotive, home textiles, medical textiles, narrow fabrics, and sportswear. The company sells its products under the Comfeel, Elior, Polycycle, Articool, Spinovate, Silque, Ultraflex, Assura, Novacore, 100% Ployster Textile, Sorenyl, Rezilia, Ecose, Sparkle, IDY, SDN, Polymagic, Polywonder, Wonderfeel, greenova, and Silkenza brand names. AYM Syntex Limited also exports its products. The company was formerly known as Welspun Syntex Limited and changed its name to AYM Syntex Limited in December 2015. The company was incorporated in 1983 and is headquartered in Mumbai, India. AYM Syntex Limited is a subsidiary of Mandawewala Enterprises Limited.

How the Company Makes Money

AYM Syntex generates revenue primarily through the sale of a wide variety of synthetic and blended fabrics to various sectors, including apparel, automotive, and home furnishing. The company operates on a B2B model, supplying textiles to manufacturers, retailers, and other businesses that incorporate their fabrics into finished products. Key revenue streams include bulk fabric sales, custom textile solutions, and long-term contracts with major clients in the fashion and automotive industries. Additionally, AYM Syntex may benefit from partnerships with fashion brands and automotive companies that require specialized textile solutions, further enhancing its market reach and profitability. The company's focus on innovation and sustainable practices also positions it favorably in a market increasingly driven by eco-conscious consumers.

AYM Syntex Limited Financial Statement Overview

Summary

AYM Syntex displays strong financial performance with notable revenue growth and stable margins. The balance sheet is solid with manageable leverage, but cash flow management needs attention due to moderate free cash flow growth and substantial capital expenditures.

Income Statement

AYM Syntex has demonstrated a robust improvement in revenue over the past year, with a significant growth from the previous period. The gross profit margin is strong, indicating efficient cost management, and the EBIT margin shows a healthy operational efficiency. However, the net profit margin is relatively low, suggesting high interest or tax expenses impacting the bottom line.

Balance Sheet

The balance sheet reflects a solid equity base with a favorable debt-to-equity ratio, indicating prudent financial leverage. Return on equity has room for improvement, suggesting that the company could enhance profitability. The equity ratio shows a stable financial structure, but the significant liabilities indicate potential risk if revenue growth does not sustain.

Cash Flow

Cash flows indicate a positive trend with increased operating cash flow and free cash flow over the periods. The operating cash flow to net income ratio suggests good cash generation relative to profits. However, the free cash flow growth rate is moderate, and capital expenditures continue to take a substantial portion of cash, which could be a concern if not managed efficiently.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	14.68B	14.89B	13.58B	14.26B	14.91B	9.32B
Gross Profit	6.08B	6.92B	4.75B	5.86B	5.25B	3.70B
EBITDA	1.13B	1.18B	895.25M	1.03B	1.66B	952.61M
Net Income	58.00M	116.30M	20.40M	71.60M	508.10M	140.95M
Balance Sheet
Total Assets	0.00	10.31B	10.25B	9.20B	9.27B	8.35B
Cash, Cash Equivalents and Short-Term Investments	317.20M	317.20M	70.52M	222.10M	207.34M	241.43M
Total Debt	0.00	2.02B	3.24B	2.76B	2.90B	2.26B
Total Liabilities	-5.78B	4.53B	6.01B	5.00B	5.17B	4.77B
Stockholders Equity	5.78B	5.78B	4.24B	4.20B	4.10B	3.58B
Cash Flow
Free Cash Flow	0.00	341.50M	61.17M	401.60M	-152.21M	758.54M
Operating Cash Flow	0.00	1.08B	636.41M	1.18B	500.81M	1.00B
Investing Cash Flow	0.00	-688.40M	-554.13M	-739.20M	-569.87M	-218.56M
Financing Cash Flow	0.00	-281.20M	-102.64M	-389.50M	37.33M	-729.11M

AYM Syntex Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 169.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AYMSYNTEX, the sentiment is Positive. The current price of 169.85 is above the 20-day moving average (MA) of 157.98, above the 50-day MA of 161.11, and below the 200-day MA of 195.42, indicating a neutral trend. The MACD of -2.09 indicates Negative momentum. The RSI at 52.08 is Neutral, neither overbought nor oversold. The STOCH value of 76.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:AYMSYNTEX.

AYM Syntex Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CENTENKA	69 Neutral	₹9.48B	16.21	―	2.28%	-11.89%	-17.27%
SARLAPOLY	67 Neutral	₹7.47B	11.02	―	3.38%	-3.48%	21.37%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
FAZE3Q	61 Neutral	₹9.07B	26.77	―	―	33.77%	-5.83%
AYMSYNTEX	52 Neutral	₹9.39B	635.80	―	―	-2.89%	-94.82%
INDORAMA	50 Neutral	₹11.29B	7.95	―	―	30.79%	―
RAJRILTD	40 Underperform	₹11.16B	31.26	―	―	22.75%	―

AYM Syntex Limited Corporate Events

AYM Syntex Files SEBI Dematerialisation Compliance Certificate for December Quarter

AYM Syntex Limited has notified the stock exchanges that it has received the statutory certificate from its registrar and share transfer agent, MUFG Intime India Private Limited, confirming compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended December 31, 2025. The registrar has verified that all securities submitted for dematerialisation during the period were appropriately confirmed or rejected, duly mutilated and cancelled where required, and that corresponding entries were made in the company’s register of members within the prescribed timelines, underscoring the company’s adherence to securities handling and dematerialisation norms critical for investor protection and market transparency.

AYM Syntex Elevates Industry Veteran Vineet Adlakha to Lead Palghar Unit

AYM Syntex Limited has appointed textile industry veteran Vineet Adlakha as President and Unit Head for its Palghar operations, effective January 5, 2026, designating him as part of the company’s senior management. With more than three decades of experience in textile processing and leadership roles at several prominent groups, Adlakha’s mandate is expected to strengthen operational efficiency, production targets, and business performance at the Palghar unit, supporting AYM Syntex’s efforts to enhance growth and broaden its product and brand footprint in a competitive textile market.