Commercial Syn Bags
167.12
+0.19(+0.11%)
Market Cap₹667.68 Cr
PE Ratio25.87
Company Performance:
1D+0.11%
1M+8.46%
6M+24.96%
1Y+128.43%
5Y+97.31%
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More news about Commercial Syn Bags
31Oct 25
Commercial Syn Bags' R&D Unit Receives Recognition from Ministry of Science and Technology
Commercial Syn Bags Limited's in-house R&D unit, TECHTEX, has been recognized by the Department of Scientific and Industrial Research (DSIR). The certification is valid from October 15, 2025 to March 31, 2028. This recognition allows the company to avail customs duty exemption on research equipment and may enhance its research capabilities in technical textiles. The development was announced to stock exchanges on October 30, 2025.
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06Sept 25
Commercial Syn Bags Reports Q2 FY2023 Results: Revenue Dips, Profit Plummets
Commercial Syn Bags Limited reported a significant drop in profitability for Q2 FY2023. Revenue from operations decreased by 21.19% quarter-over-quarter to Rs. 73.05 crore, with a slight 3.73% year-over-year decline. Profit after tax plummeted by 99.15% to Rs. 3.55 lakh compared to the previous quarter. The company acquired assets from Geotech Worldwide for Rs. 30.57 crore, with commercial production expected to start by April 2023.
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05Sept 25
Commercial Syn Bags Reports 14.2% Revenue Decline in Q1 FY2021 Amid COVID-19 Impact
Commercial Syn Bags Limited reported a 14.2% decrease in revenue to Rs 3,502.04 lakhs and a 6.2% decline in net profit to Rs 214.89 lakhs for Q1 FY2021, impacted by the COVID-19 pandemic. The company formed a new subsidiary, Comsyn India Private Limited, and expects to commence commercial production at its delayed Unit-II project in September 2020. Despite challenges, the company continues with expansion plans and maintains a 1.0 MW solar power project for captive consumption.
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04Sept 25
Commercial Syn Bags Limited Board Approves Key Director Re-appointments and Dividend
Commercial Syn Bags Limited's board has approved the re-appointment of Shri Virendra Singh Pamecha as Whole-time Director & KMP for three years and Shri Vijay Kumar Bansal as Independent Director for five years. The board recommended a final dividend of Rs. 0.40 per equity share for FY 2024-25. M/s Ishan Jain & Co. has been appointed as Secretarial Auditor for five years. The 41st AGM is scheduled for September 29, 2025, via VC/OAVM, with remote e-voting available from September 26-28, 2025.
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04Sept 25
Commercial Syn Bags Limited Announces Rs 0.40 Dividend for FY 2024-25, Sets AGM Date
Commercial Syn Bags Limited has recommended a dividend of Rs 0.40 per equity share for FY 2024-25. The 41st AGM is scheduled for September 29, 2025, via video conferencing. The record date for dividend eligibility is set for September 22, 2025. The Board has also approved re-appointments of key directors and the appointment of new Secretarial Auditors, subject to shareholder approval.
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08Aug 25
Commercial Syn Bags Reports 405% Surge in Q1 Net Profit, Expands Stake in UK Subsidiary
Commercial Syn Bags Limited (COMSYN) reported a 405% year-on-year increase in standalone net profit for Q1 FY24, reaching ₹505.99 lakhs. Revenue from operations grew by 19% to ₹8,938.03 lakhs. Consolidated net profit rose 187% to ₹555.40 lakhs, with revenue up 17.7% to ₹9,051.32 lakhs. The company increased its stake in UK subsidiary Smartlift Bulk Packaging Limited to 50% and acquired Erawat Vegcap Private Limited through its subsidiary. COMSYN also allotted convertible warrants to promoters and received ₹360 lakhs as upfront payment.
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24Apr 25
Commercial Syn Bags Subsidiary Revises Share Purchase Agreement with Erawat Pharma, Increases Acquisition Price
Commercial Syn Bags' subsidiary, Comsyn India Private Limited, has amended its Share Purchase Agreement with Erawat Pharma Limited for acquiring Erawat Vegcap Private Limited. The revised deal increases the per-share price from ₹52.60 to ₹58.00 for 9,50,000 shares, totaling ₹5.51 crore. The acquisition is set to complete by May 15, 2025, with a staged payment plan. This move aims to expand Commercial Syn Bags' presence in the plastic products, packaging, and healthcare sectors.
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Commercial Syn Bags
167.12
+0.19
(+0.11%)
1 Year Returns:+128.43%
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