Commercial Syn Bags Limited

NSE COMSYN.NS

Commercial Syn Bags Limited Return on Equity (ROE) for the year ending March 31, 2024: 6.10%

Commercial Syn Bags Limited Return on Equity (ROE) is 6.10% for the year ending March 31, 2024, a -9.02% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • Commercial Syn Bags Limited Return on Equity (ROE) for the year ending March 31, 2023 was 6.71%, a -61.27% change year over year.
  • Commercial Syn Bags Limited Return on Equity (ROE) for the year ending March 31, 2022 was 17.32%, a 13.76% change year over year.
  • Commercial Syn Bags Limited Return on Equity (ROE) for the year ending March 31, 2021 was 15.23%, a -29.38% change year over year.
  • Commercial Syn Bags Limited Return on Equity (ROE) for the year ending March 31, 2020 was 21.56%.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio
Market news
SV Wall Street
NSE: COMSYN.NS

Commercial Syn Bags Limited

CEO Mr. Ravindrakumar Mohanlal Choudhary
IPO Date Jan. 23, 2024
Location India
Headquarters Commercial House
Employees 2,437
Sector Materials
Industries
Plastics Baby & Childcare Chemicals & Advanced Materials Cleaning Supplies Composite Materials Construction Materials Consumer Packaged Goods Containers & Packaging
Description

Commercial Syn Bags Limited engages in manufacturing, producing, processing, importing, exporting, buying, and selling of packaging solution for businesses in India. The company operates through two segments: Manufacturing and Trading. It offers flexible intermediate bulk containers, high density polyethylene and polypropylene woven sacks, fabrics, container bags, pond liners, mulch films, and tarpaulins under the TIGER TARPAULIN brand name. The company also provides vermi beds and flexible pipes under the COMSYN SWAJAL brand name. In addition, it offers BOPP, bulk and box bags, poly tarpaulin, woven bags, geotextiles, ground covers, nets, flexible packaging, and other technical textiles products under the COMSYN brand name. Further, the company engages in the trading of granules, master batches, and PVC resins. It serves 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. The company was incorporated in 1984 and is based in Indore, India.

StockViz Staff

February 2, 2025

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