Sector Alpha

Track where the smart money flows in Indian equities

DashboardWeekly UpdateUploadPipelinePE CyclesBrainAbout

Data updated weekly. Not financial advice.

Sector Alpha
  1. Home
  2. /Momentum
  3. /Packaging - Polysacks
  4. /Commercial Syn Bags Ltd
MomentumDeep Value

Commercial Syn Bags Ltd: Stock Analysis & Fundamentals

Updated this week

Commercial Syn Bags Ltd (Packaging - Polysacks) — fundamental analysis, earnings data, and key metrics. PE: 21.8. ROE: 12.3%. This stock is not currently in the Nifty 500 momentum outperformers list.

Earnings Acceleration Triggers

1. SEZ/Techtex Unit Expansion (3,300 MT) Operational by July 2026
Q1 FY27MEDIUM
2. New 9,000 MT Manufacturing Unit by June 2027
Q4 FY28MEDIUM

Key Risks

1. QoQ Margin Compression of 310bps
MEDIUM
2. Execution Risk on Expansion Projects
MEDIUM

Key Numbers

Current Price
₹153
Dividend Yield
0.26%
Market Cap
612 Cr
Valuation
N/A

Why Are Commercial Syn Bags Ltd's Earnings Accelerating?

Based on Q3 FY26 earnings • Updated Feb 22, 2026

SEZ/Techtex Unit Expansion (3,300 MT) Operational by July 2026

Expected: Q1 FY27MEDIUM confidence+₹225 Cr revenue

What: 3,300 MT capacity addition expected to boost revenue and margins from Q1 FY27

Impact: +₹225 Cr revenue

“Company announcement: "expansion in its SEZ and Techtex unit with capacity addition of approximately 3300 MT per annum, expected to be operational by July 2026"”

New 9,000 MT Manufacturing Unit by June 2027

Expected: Q4 FY28MEDIUM confidence+₹550 Cr revenue

What: Subsidiary's new unit will significantly expand production capacity

Impact: +₹550 Cr revenue

“Company announcement: "Comsyn International Private Limited setting up new manufacturing unit with capacity addition of approximately 9,000 MT per annum, expected to be operational by June 2027"”

What Are the Key Risks for Commercial Syn Bags Ltd?

Earnings deceleration risks from management commentary

QoQ Margin Compression of 310bps

MEDIUM

Trigger: Continued margin pressure for 2+ quarters

Impact: -300 bps margin impact

Management view: Not explicitly addressed in available materials, but tax expense increased 688.2% QoQ which contributed to PAT decline.

Monitor: QoQ OPM trend

Execution Risk on Expansion Projects

MEDIUM

Trigger: Project delays beyond announced timelines

Management view: Timeline provided but no specific risk mitigation discussed in available materials

Monitor: Project commissioning updates

What Is Commercial Syn Bags Ltd's Management Saying?

Key quotes from recent conference calls

“The company is undertaking an expansion in its SEZ and Techtex unit with a capacity addition of approximately 3300 MT per annum, expected to be operational by July 2026, with an investment of ₹23.00 Crores. — Management”
“Comsyn International Private Limited, is setting up a new manufacturing unit with a capacity addition of approximately 9,000 MT per annum, expected to be operational by June 2027, with an estimated investment of ₹25.00 Crores, financed through borrowings and internal accruals. — Management”

What Is Commercial Syn Bags Ltd's Management Guidance?

Forward-looking targets from management for FY27-FY28

Implied PAT Growth

25%

Capex Plan

₹48 Cr

Management Tone: CAUTIOUS

Key Milestones

• SEZ/Techtex unit operational by July 2026

• New manufacturing unit operational by June 2027

The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.

← Back to Packaging - PolysacksDashboard

Frequently Asked Questions: Commercial Syn Bags Ltd

Based on publicly available financial data. This is educational research, not investment advice.

What were Commercial Syn Bags Ltd's latest quarterly results?

Commercial Syn Bags Ltd's latest quarterly results (Dec 2025) show

  • PAT Growth YoY: +70.5%
  • Revenue Growth YoY: +12.7%
  • Operating Margin: 12.4%

What is Commercial Syn Bags Ltd's current PE ratio?

Commercial Syn Bags Ltd's current PE ratio is 21.8x.

  • Current PE: 21.8x
  • Market Cap: 612 Cr
  • Dividend Yield: 0.26%

What is Commercial Syn Bags Ltd's price-to-book ratio?

Commercial Syn Bags Ltd's price-to-book ratio is 3.8x.

  • Price-to-Book (P/B): 3.8x
  • Book Value per Share: ₹41
  • Current Price: ₹153

Is Commercial Syn Bags Ltd a fundamentally strong company?

Commercial Syn Bags Ltd's fundamental strength based on key financial ratios

  • Return on Capital (ROCE): 12.0%

Is Commercial Syn Bags Ltd debt free?

Commercial Syn Bags Ltd has a debt-to-equity ratio of N/A.

  • Total Debt: ₹115 Cr

What is Commercial Syn Bags Ltd's return on equity (ROE) and ROCE?

Commercial Syn Bags Ltd's return ratios over recent years

  • FY2023: ROCE 8.0%
  • FY2024: ROCE 9.0%
  • FY2025: ROCE 12.0%

Is Commercial Syn Bags Ltd's cash flow positive?

Commercial Syn Bags Ltd's operating cash flow is positive (FY2025).

  • Cash from Operations (CFO): ₹1 Cr
  • CFO/PAT Ratio: 6% (weak cash conversion)

What is Commercial Syn Bags Ltd's dividend yield?

Commercial Syn Bags Ltd's current dividend yield is 0.26%.

  • Dividend Yield: 0.26%
  • Current Price: ₹153

Who holds Commercial Syn Bags Ltd shares — promoters, FII, DII?

Commercial Syn Bags Ltd's shareholding pattern (Dec 2025)

  • Promoters: 58.8%
  • FII (Foreign): 0.0%
  • Public: 41.2%

Is promoter holding increasing or decreasing in Commercial Syn Bags Ltd?

Commercial Syn Bags Ltd's promoter holding has remained stable recently.

  • Current Promoter Holding: 58.8% (Dec 2025)
  • Previous Quarter: 58.8% (Sep 2025)
  • Change: 0.00% (stable)

Is Commercial Syn Bags Ltd a new momentum entry or an established outperformer?

Commercial Syn Bags Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.

What are the growth catalysts for Commercial Syn Bags Ltd?

Commercial Syn Bags Ltd has 2 key growth catalysts identified from recent earnings analysis

  • SEZ/Techtex Unit Expansion (3,300 MT) Operational by July 2026
  • New 9,000 MT Manufacturing Unit by June 2027

What are the key risks in Commercial Syn Bags Ltd?

Commercial Syn Bags Ltd has 2 key risks worth monitoring

  • QoQ Margin Compression of 310bps
  • Execution Risk on Expansion Projects

What did Commercial Syn Bags Ltd's management say in the latest earnings call?

In Q3 FY26, Commercial Syn Bags Ltd's management highlighted

  • "The company is undertaking an expansion in its SEZ and Techtex unit with a capacity addition of approximately 3300 MT per annum, expected to be operat..."
  • "Comsyn International Private Limited, is setting up a new manufacturing unit with a capacity addition of approximately 9,000 MT per annum, expected to..."

What is Commercial Syn Bags Ltd's management guidance for growth?

Commercial Syn Bags Ltd's management has provided the following forward guidance for FY27-FY28

  • Implied PAT growth: 25%
  • Capex plan: ₹48 Cr
  • Management tone: cautious
  • Milestone: SEZ/Techtex unit operational by July 2026
  • Milestone: New manufacturing unit operational by June 2027

Is Commercial Syn Bags Ltd worth studying for long term investment?

Based on quantitative research signals, here is why Commercial Syn Bags Ltd may be worth studying

  • Cash flow is positive — CFO ₹1 Cr

What is the investment thesis for Commercial Syn Bags Ltd?

Commercial Syn Bags Ltd investment thesis summary:

Research Signals (Bull Case)

  • Growth catalyst: SEZ/Techtex Unit Expansion (3,300 MT) Operational by July 2026

Risk Factors (Bear Case)

  • Key risk: QoQ Margin Compression of 310bps

What is the future outlook for Commercial Syn Bags Ltd?

Commercial Syn Bags Ltd's forward outlook based on current data signals

  • Key Catalyst: SEZ/Techtex Unit Expansion (3,300 MT) Operational by July 2026
  • Key Risk: QoQ Margin Compression of 310bps

The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.