Synopsis:
Synthiko Foils Limited fixed a reverse stock split on 17th October 2025, consolidating every two Rs. 5 shares into one Rs. 10 share, reducing share count and increasing face value.
During Monday’s trading session, shares of a company engaged in the manufacturing of lamination, printing and coating on aluminium foils, hit a 5 percent upper circuit on BSE, after the Board of the company fixed a record date for a reverse stock split.
With a market cap of Rs. 98 crores, the shares of Synthiko Foils Limited hit a 5 percent upper circuit to a new 52-week high at Rs. 563.75 on BSE, as against its previous closing price of Rs. 536.95. The stock has delivered multibagger returns of around 464 percent in the last one year, as well as by over 152 percent in one month.
What’s the News
According to the latest filings with the stock exchanges, the Board of Synthiko Foils Limited has fixed 17th October 2025 as the Record Date to determine the eligibility of shareholders to receive the consolidated equity shares. Under this consolidation, the existing equity shares with a face value of Rs. 5 each will be merged to form new equity shares with a face value of Rs. 10 each. Specifically, every 2 existing shares of Rs. 5 each will be consolidated into 1 fully paid-up share of Rs. 10 each.
In simple terms, this share consolidation, commonly referred to as a reverse stock split, will alter the company’s share structure. Before the consolidation, each share had a face value of Rs. 5. After the consolidation, the face value will increase to Rs. 10 per share, with two existing shares merging into a single new share.
A reverse stock split is a corporate action that reduces the total number of a company’s outstanding shares while proportionally increasing the share price. Essentially, it consolidates multiple existing shares into fewer, higher-priced shares. This is the opposite of a regular stock split, where more shares are issued to decrease the share price. By undertaking a reverse stock split, the company adjusts its share structure to potentially enhance market perception and maintain compliance with listing requirements.
Financials & More
Synthiko Foils reported a decline in its revenue from operations, showing a year-on-year decrease of around 19 percent from Rs. 6.4 crores in Q1 FY25 to Rs. 5.2 crores in Q1 FY26.
In contrast, the company’s net profit increased during the same period from Rs. 0.33 crores to Rs. 2.34 crores, representing an impressive rise of around 609 percent YoY.
Synthiko Foils Limited is engaged in the business of manufacturing and marketing aluminium foils for the industries, including pharmaceutical, dairy, and confectionery. Its manufacturing activities include laminating, coating, slitting, and printing. The company serves Indian and multinational companies, as well as exports its products to the Philippines, Sri Lanka, Malaysia, and African nations.
Written by Shivani Singh
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