Annual Report 2021-2022
Scaling New Heights
Consistent progress in topline and margins over the years despite macro-economic challenges ensured that we continue our transformation journey on the business front with sustainable and profit count-upable growth. We are scaling new heights in our journey each year and the efforts are visible in financial performance and operational excellence. A strong balance sheet is the foundation for future growth and expansion, and a cornerstone of trust for our investors and partners. In FY 21-22, AYM Syntex continued to deliver on its various stakeholder commitments.Read More
Continued Growth Through Consistent Action
Numbers that define us
AYM Syntex is one of the largest manufacturers of Multipolymer Textile and one of the largest exporters of Bulk Continuous Filament (BCF) yarns in India. We offer a wide variety of specialty yarns through multiple brand names, which are used globally for various industrial as well as consumer applications.
In addition to our world-class products, what differentiates us is our ability to understand market trends and develop new products that meet our customer specific needs. To help the customers with their unique requirements, we take a partnership approach to co-create highly customised products for them. Moreover, we continue our journey of progressive transition from a commodity-driven business model to one that relies on high entry barrier products, thereby enabling us to differentiate ourselves from others.
Our Core Values
Our core values of customer focus, innovation, and people development are integral to our guiding philosophy. These define us at the organisational level. Every action we take towards consistent and sustainable growth stems from our underlying values and principles that guide us in making the right decisions. We encourage a deep understanding of these core values across the organisation to build a distinctive culture.
Keeping our customers in focus and as partners in creating and delivering solutions
Experimenting and customising to develop better solutions and create greater value
Empowering our people through service and support
A Year in Review: Growth Indicators
Revenue from Operations (₹ Crores)
Sales Volumes (MT)
Exports (₹ Crores)
Market Capitalisation (₹ Crores)
EBITDA (₹ Crores)
PAT (₹ Crores)
Net Debt / EBITDA (Ratio)
Debt Equity (Ratio)
Fixed Asset Coverage (Ratio)
Creating Value For Everyone
₹ 59 Crores
Cash generated from operations
Funds allocated and efficiently utilised by the company to power business activities
93K + MT
Total annual yarn manufacturing capacity
Assets that facilitate optimised production and value creation
People onboarded, trained, and empowered to drive business
Enhancing Our Capabilities
To prepare for a digital-first future, we have been consistently taking measures to modernise our plants and offices with digital capabilities.
We strive to maintain an environment that is conducive to collaboration, growth, and fulfillment.
We are driven by our vision to uplift the underprivileged from the vicious cycle of poverty.
Adapting to agile and flexible work structure, embracing efficient working capital management, and expanding our current market segments - that’s how we endeavour to create value for our stakeholders at each step. As we enter into a new fiscal year, the macro environment throws more challenges to us. We aim to continue our operations with agility, progressing towards excellence with ultimate passion and a renewed sense of purpose. We are committed to cater to the needs of our stakeholders with innovative solutions and go a step beyond our operations to contribute significantly to the well-being of our environment and community.
Our mission of touching lives through innovative products and value-adding initiatives has led the company to where it is today — at the forefront of the synthetic textile industry in India and in 55+ countries across the globe.
The numbers of FY 21-22 are a result of the convergence of our efforts over the decades towards strengthening our core by focusing on innovation, operational excellence, product diversification, and brand differentiation strategies.