DU PONT Analysis of Sintex Industries Limited

SINTEX Industries
Limited

Mar
14

Mar
13

Mar
12

Mar
11

Mar
10

Net Profit Margin(%)

6.13

6.37

6.81

10.18

9.83

Asset Turnover Ratio

0.86

0.86

0.82

0.92

1.34

Financial Leverage

2.08

1.98

2.12

2.10

2.36

ROE

10.95

10.83

11.81

19.67

31.10

Higher
financial
leverage
than
the
industry
benchmark
indicates increased risk
for
the
common
shareholders
thereby
affecting the bottom
line.

Mar '14 Mar '13 Mar '12 Mar '11 Mar '10

Lower asset turnover

ratio indicates inefficient
use of its assets base.

Industry Average ( Plastic and Textiles)

Net Profit Margin(%)

5.34

5.18

7.48

9.72

11.02

Asset Turnover Ratio

1.47

1.42

1.55

1.65

1.77

Financial Leverage

1.79

1.78

1.61

1.54

1.58

ROE

5.81

4.27

10.05

15.61

22.20

Profit
margin
considerably
higher
than
the
industry
benchmark
with
however, decline in net
profit margin year on

Technical Analysis (MACD method)

Date
17-062015
18-062015
19-062015
22-062015
23-062015
24-062015
25-062015
130
26-06125
2015
120
29-06115
2015
110
30-06105
2015
100
01-0795
2015
90
02-07- 2
20151
03-072015
06-07-

MACD
Line

Signal
Line

Decisio
n

Close 12 EMA 26 EMA

4
101.55 104.62
101.85
94
69
3.0675 3.1907
SELL
3
101.55 104.39
2
101.55
8
9
2.841
3.1208
SELL
Histogram
101.87 104.33
1
MACD
103.6
21
98
2.4676 2.9901
SELL
Signal
102.34 104.38
0
104.95
57
5
2.0393
2.8
SELL
-1
102.87 104.48
105.8
71
98
1.6127 2.5625
SELL
-2
103.00 104.43
-3
103.7
37
13
1.4276 2.3355
SELL
103.46 104.54
106
47
75
1.0828
2.085
SELL
103.48 104.47
103.6
55
73
0.9918 1.8664
SELL
102.95 104.14
100.05
69
94
1.1924 1.7316
SELL
102.57 103.87
100.45
13
53
1.3041 1.6461
SELL
102.49 103.74
102.1
88
38
1.2451 1.5659
SELL
102.29
103.55
4
6
8 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44 46 48 50 52 54 56 58 60 62 64 66 68
101.15
13
1.2604
3
5
7
9 11 131715 17
19 21 1.5048
23 25 27 SELL
29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59 61 63 65 67 69
102.18 103.40
12 EMA
26 EMA
Closing Price
101.6
49
71
1.2222 1.4483
SELL
102.45 103.44