Is Banswara Syntex the Best Stock in Its Sector? A Look at the Numbers
- September 24, 2026
- Posted by: Chaitanya Auti
- Category: Market
Banswara Syntex CMP Rs 111 (24 Sep 2026). Market cap Rs 380 Cr. ROE 6.40%. P/E 10.23x versus Industry P/E 32.50x.
Quick Answer
Banswara Syntex is one of the names investors compare when screening the Textile sector, built on a 6.40% return on equity and a P/E of 10.23x against an Industry P/E of 32.50x. Whether Banswara Syntex is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Textile sector peers, so you can judge that for yourself.
Is Banswara Syntex the best stock in its sector? The stock trades on the NSE at Rs 111 as of 24 September 2026, within its 52-week range of Rs 93.73 to Rs 144.00. Banswara Syntex Ltd manufactures yarn and fabric with an integrated denim and worsted textile operation.
Banswara Syntex sits in the Textile sector, and its 6.40% ROE and 10.23x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
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About Banswara Syntex
Banswara Syntex Ltd manufactures yarn and fabric with an integrated denim and worsted textile operation. It manufactures yarn and fabric with an integrated denim and worsted textile operation, supplying both domestic and export apparel customers. At a market capitalisation of Rs 380 Cr, it is tracked as part of the Textile sector on Univest.
Is Banswara Syntex the Best Stock in Its Sector?
Banswara Syntex makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 6.40% ROE with a 10.23x P/E against the sector’s 32.50x Industry P/E. Banswara Syntex’s 10.23x P/E is well below the 32.50x Industry P/E despite a 6.40% ROE, making it look inexpensive relative to Vardhman Textiles in this comparison, though current returns remain modest.
| Metric | Banswara Syntex |
|---|---|
| CMP (NSE) | Rs 111.28 |
| 52-Week High / Low | Rs 144.00 / Rs 93.73 |
| Market Cap | Rs 380 Cr |
| P/E (TTM) vs Industry P/E | 10.23x vs 32.50x |
| P/B | 0.65 |
| ROE | 6.40% |
| EPS (TTM) | Rs 10.86 |
| Dividend Yield | 0.90% |
| Debt to Equity | 0.81 |
Compare Banswara Syntex Against Other Textile Sector Stocks
How Banswara Syntex Compares Against Its Textile Sector Peers
The table below sets Banswara Syntex against 2 other Textile sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Banswara Syntex | 380 | 10.23 | 6.40% | 0.81 |
| Vardhman Textiles | 15,853 | 18.43 | 7.09% | 0.18 |
| Nitin Spinners | 3,622 | 17.10 | 12.07% | 0.76 |
| Peer average (2 companies) | – | 17.77 | 9.58% | 0.47 |
Against this peer set, Banswara Syntex’s 6.40% ROE is below the 9.58% peer average, and its P/E of 10.23x runs below the peer average of 17.77x. Banswara Syntex’s 10.23x P/E is well below the 32.50x Industry P/E despite a 6.40% ROE, making it look inexpensive relative to Vardhman Textiles in this comparison, though current returns remain modest.
What Makes Banswara Syntex Worth Watching in Textile
- Well below Industry P/E and book value: A 10.23x P/E against a 32.50x Industry P/E, alongside a P/B of 0.65, means the stock trades below its own book value.
- Integrated denim and worsted operations: Combining denim and worsted fabric manufacturing gives Banswara Syntex a more diversified textile product mix than pure cotton spinners.
- Moderate leverage: A debt to equity ratio of 0.81 is manageable for an integrated textile manufacturer.
Banswara Syntex Valuation: Is It Justified?
Banswara Syntex’s 10.23x P/E is well below the 32.50x Industry P/E despite a 6.40% ROE, making it look inexpensive relative to Vardhman Textiles in this comparison, though current returns remain modest. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
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Download the Univest iOS App or Univest Android App to track Banswara Syntex and other Textile sector stocks.
How to Track Banswara Syntex Before You Invest
Before deciding whether Banswara Syntex deserves its label as the best stock in its sector for your own portfolio, compare it directly against Textile sector peers using the steps below.
- Open the Univest Screener and search for Banswara Syntex to view live price, valuation ratios, and peer comparisons within the Textile sector.
- Compare its P/E, P/B, and ROE against other Textile sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Banswara Syntex earns a place in the best stock in its sector conversation on the strength of a 6.40% ROE and a P/E of 10.23x against a 32.50x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Banswara Syntex the best stock in its sector?
Ans. Banswara Syntex has a 6.40% ROE and trades at 10.23x P/E against a 32.50x Industry P/E, and compares below the peer average ROE of 9.58% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Banswara Syntex?
Ans. Banswara Syntex was trading at Rs 111.28 on the NSE as of 24 September 2026, within its 52-week range of Rs 93.73 to Rs 144.00.
What sector does Banswara Syntex belong to?
Ans. Banswara Syntex is classified under the Textile sector on Univest.
How does Banswara Syntex compare to its sector peers on P/E?
Ans. Banswara Syntex’s P/E of 10.23x is below the 17.77x average of the 2 named peers compared in this article.
What is Banswara Syntex’s return on equity?
Ans. Banswara Syntex reported a return on equity of 6.40%, which is below the 9.58% average of its named peers in this comparison.
Should I invest in Banswara Syntex based on its sector position?
Ans. Banswara Syntex’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.