SYNERGY GREEN INDUSTRIES 2024-25 Annual Report Analysis

Wed, 4 Mar

SYNERGY GREEN INDUSTRIES has announced its results for the year ended March 2025. Let us have a look at the detailed performance review of the company during FY24-25.

SYNERGY GREEN INDUSTRIES Income Statement Analysis

• Operating income during the year rose 11.0% on a year-on-year (YoY) basis.
• The company's operating profit increased by 33.1% YoY during the fiscal. Operating profit margins witnessed a fall and down at 14.4% in FY25 as against 12.0% in FY24.
• Depreciation charges increased by 7.7% and finance costs increased by 17.5% YoY, respectively.
• Other income declined by 22.2% YoY.
• Net profit for the year grew by 46.1% YoY.
• Net profit margins during the year grew from 3.5% in FY24 to 4.7% in FY25.

SYNERGY GREEN INDUSTRIES Income Statement 2024-25

No. of Mths Year Ending		12 Mar-24*	12 Mar-25*	% Change
Net Sales	Rs m	3,263	3,623	11.0%
Other income	Rs m	18	14	-22.2%
Total Revenues	Rs m	3,281	3,637	10.8%
Gross profit	Rs m	393	523	33.1%
Depreciation	Rs m	121	130	7.7%
Interest	Rs m	134	157	17.5%
Profit before tax	Rs m	157	250	59.6%
Tax	Rs m	41	81	97.8%
Profit after tax	Rs m	116	169	46.1%
Gross profit margin	%	12.0	14.4
Effective tax rate	%	26.1	32.4
Net profit margin	%	3.5	4.7

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SYNERGY GREEN INDUSTRIES Balance Sheet Analysis

• The company's current liabilities during FY25 stood at Rs 2 billion as compared to Rs 1 billion in FY24, thereby witnessing an increase of 47.9%.
• Long-term debt stood at Rs 553 million as compared to Rs 317 million during FY24, a growth of 74.6%.
• Current assets rose 65% and stood at Rs 2 billion, while fixed assets rose 82% and stood at Rs 2 billion in FY25.
• Overall, the total assets and liabilities for FY25 stood at Rs 3 billion as against Rs 2 billion during FY24, thereby witnessing a growth of 73%.

SYNERGY GREEN INDUSTRIES Balance Sheet as on March 2025

No. of Mths Year Ending		12 Mar-24*	12 Mar-25*	% Change
Networth	Rs m	467	1,077	130.6
Current Liabilities	Rs m	1,172	1,733	47.9
Long-term Debt	Rs m	317	553	74.6
Total Liabilities	Rs m	1,980	3,419	72.7
Current assets	Rs m	1,078	1,781	65.3
Fixed Assets	Rs m	902	1,638	81.5
Total Assets	Rs m	1,980	3,419	72.7

SYNERGY GREEN INDUSTRIES Cash Flow Statement Analysis

• SYNERGY GREEN INDUSTRIES's cash flow from operating activities (CFO) during FY25 stood at Rs -164 million on a YoY basis.
• Cash flow from investing activities (CFI) during FY25 stood at Rs -867 million, an improvement of 354.3% on a YoY basis.
• Cash flow from financial activities (CFF) during FY25 stood at Rs 1 billion, an improvement of 780% on a YoY basis.
• Overall, net cash flows for the company during FY25 stood at Rs -23 million from the Rs 38 million net cash flows seen during FY24.

SYNERGY GREEN INDUSTRIES Cash Flow Statement 2024-25

Particulars	No. of months	12	12	% Change
	Year Ending	Mar-24	Mar-25
Cash Flow from Operating Activities	Rs m	377	-164	-
Cash Flow from Investing Activities	Rs m	-191	-867	-
Cash Flow from Financing Activities	Rs m	-148	1,008	-
Net Cash Flow	Rs m	38	-23	-

Current Valuations for SYNERGY GREEN INDUSTRIES

• The trailing twelve-month earnings per share (EPS) of the company stands at Rs 10.9, an improvement from the EPS of Rs 8.2 recorded last year.
• The price to earnings (P/E) ratio, at the current price of Rs 393.9, stands at 36.2 times its trailing twelve months earnings.
• The price to book value (P/BV) ratio at current price levels stands at 5.7 times, while the price to sales ratio stands at 1.7 times.
• The company's price to cash flow (P/CF) ratio stood at 20.8 times its end-of-year operating cash flow earnings.

Per Share Data/Valuations

No. of Mths Year Ending		12 Mar-24*	12 Mar-25*
Sales per share (Unadj.)	Rs	230.9	233.1
TTM Earnings per share	Rs	8.2	10.9
Diluted earnings per share	Rs	7.4	10.9
Price to Cash Flow	x	22.7	20.8
TTM P/E ratio	x	46.3	36.2
Price / Book Value ratio	x	8.4	5.8
Market Cap	Rs m	3,925	6,235
Dividends per share (Unadj.)	Rs	0.0	1.0

Ratio Analysis for SYNERGY GREEN INDUSTRIES

• Solvency Ratios

Current Ratio: The company's current ratio improved and stood at 1.0x during FY25, from 0.9x during FY24. The current ratio measures the company's ability to pay short-term and long-term obligations.

Interest Coverage Ratio: The company's interest coverage ratio improved and stood at 2.6x during FY25, from 2.2x during FY24. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.

• Profitability Ratios

Return on Equity (ROE): The ROE for the company declined and down at 15.7% during FY25, from 24.8% during FY25. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.

Return on Capital Employed (ROCE): The ROCE for the company declined and down at 25.0% during FY25, from 37.0% during FY24. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.

Return on Assets (ROA): The ROA of the company declined and down at 9.5% during FY25, from 12.6% during FY24. The ROA measures how efficiently the company uses its assets to generate earnings.

Key Ratio Analysis

No. of Mths Year Ending		12 Mar-24*	12 Mar-25*
Current ratio	x	0.9	1.0
Debtors’ Days	Days	385	574
Interest coverage	x	2.2	2.6
Debt to equity ratio	x	0.7	0.5
Return on assets	%	12.6	9.5
Return on equity	%	24.8	15.7
Return on capital employed	%	37.0	25.0

To see how SYNERGY GREEN INDUSTRIES has performed over the last 5 years, please visit here.

SYNERGY GREEN INDUSTRIES Share Price Performance

Over the last one year, SYNERGY GREEN INDUSTRIES share price has moved up from Rs 344.8 to Rs 393.9, registering a gain of Rs 49.1 or around 14.2%.

Overall, the S&P BSE SENSEX is up 6.1% over the year.

(To know more, check out historical annual results for SYNERGY GREEN INDUSTRIES and quarterly results for SYNERGY GREEN INDUSTRIES)