Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Indo Rama Synthetics (India) Limited, founded in 1986 and headquartered in Gurugram, India, specializes in the production and distribution of polyester materials. The company provides a diverse portfolio of polyester products, encompassing polyester staple fiber, polyester filament yarn, draw texturized yarn, fully drawn yarn, and polyester chips. These essential components are utilized across numerous industries, playing a vital role in manufacturing apparel and sportswear, home furnishings and various textiles, hygiene and non-woven products, and automotive applications. While maintaining a strong domestic presence in India, Indo Rama Synthetics also extends its operations globally, serving markets throughout the Middle East and North Africa, Turkey, multiple South American nations (Brazil, Argentina, Mexico, Columbia), and several European countries (Germany, Belgium, Portugal, Spain, Poland, Italy), alongside Bangladesh and Nepal.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITD