Sumeet Industries Share Price

  • 2.600.07 (2.37%)
NSE
  • Closed
  • As On: 08 Jul, 2024, 03:48 PM IST
  • Open2.66
  • High2.66
  • Low2.54
  • Prev Close2.54
  • Volume7,08,846
  • VWAP(₹)2.63

Sumeet Ind share price insights

  • PAT: Troublesome Times

    Company has posted a loss of Rs 7.75 cr for the 4th consecutive quarter. (Source: Consolidated Financials)
  • Topline Contraction

    Sales de-grew by 5.52%. Company witnessed revenue contraction for the first time in last 3 years. (Source: Consolidated Financials)
  • Employee & Interest Expense

    Company has spent less than 1% of its operating revenues towards interest expenses and 2.88% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)
  • Sumeet Ind Share Price Update

    Sumeet Industries Ltd. share price moved up by 2.37% from its previous close of Rs 2.54. Sumeet Industries Ltd. stock last traded price is 2.60

    Share PriceValue
    Today/Current/Last2.60
    Previous Day2.54

Sumeet Ind Share Price Returns

1 Day2.37%
1 MonthN.A.
3 Months8.33%
1 Year0.0%
3 Years-74.26%
5 Years0.0%

Key Metrics

PE Ratio(x)-0.46
EPS - TTM(₹)-5.69
MCap(₹ Cr.)26.95
MCap Rank85
PB Ratio(x)-0.15
Div Yield(%)0.00
Face Value(₹)10.00
52W High(₹)5.30
52W Low(₹)1.90
MCap/Sales0.03
Beta(1 Month)-0.34
BV/Share(₹)-17.05

Sumeet Ind Share Recommendations

No Recommendations details available for this stock.
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Sumeet Ind Financials

  • Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
    Total Income271.53227.13242.00245.04247.07
    Total Income Growth (%)19.55-6.15-1.24-0.82-6.73
    Total Expenses283.73243.66260.97260.79243.21
    Total Expenses Growth (%)16.44-6.630.077.23-17.15
    EBIT-12.20-16.53-18.97-15.753.86
    EBIT Growth (%)----508.03-
    Profit after Tax (PAT)-7.75-16.54-18.97-15.755.09
    PAT Growth (%)----409.73-
    EBIT Margin (%)-4.49-7.28-7.84-6.431.56
    Net Profit Margin (%)-2.85-7.28-7.84-6.432.06
    Basic EPS (₹)-0.86-1.51-1.95-1.520.49
    Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
    Total Income271.53227.13242.00245.04247.07
    Total Income Growth (%)19.55-6.15-1.24-0.82-6.73
    Total Expenses283.73243.66260.97260.79243.21
    Total Expenses Growth (%)16.44-6.630.077.23-17.15
    EBIT-12.20-16.53-18.97-15.753.86
    EBIT Growth (%)----508.02-
    Profit after Tax (PAT)-7.75-16.54-18.97-15.755.09
    PAT Growth (%)----409.72-
    EBIT Margin (%)-4.49-7.28-7.84-6.431.56
    Net Profit Margin (%)-2.85-7.28-7.84-6.432.06
    Basic EPS (₹)-0.79-1.60-1.83-1.520.49
    FY 2024FY 2023FY 2022FY 2021FY 2020
    Total Revenue985.711,043.35914.41576.77710.76
    Total Revenue Growth (%)-5.5214.1058.54-18.85-18.36
    Total Expenses1,049.181,107.10917.17588.87856.78
    Total Expenses Growth (%)-5.2320.7155.75-31.27-8.53
    Profit after Tax (PAT)-59.01-58.722.91-7.12-139.47
    PAT Growth (%)--2,115.30---
    Operating Profit Margin (%)-6.44-5.482.66-1.55-14.80
    Net Profit Margin (%)-5.99-5.680.32-1.24-19.72
    Basic EPS (₹)-5.82-5.670.28-0.69-13.46
    FY 2024FY 2023FY 2022FY 2021FY 2020
    Total Revenue985.711,043.35914.50576.77710.76
    Total Revenue Growth (%)-5.5214.0958.56-18.85-15.01
    Total Expenses1,049.171,107.10917.17588.83763.82
    Total Expenses Growth (%)-5.2320.7155.76-22.91-15.32
    Profit after Tax (PAT)-59.01-58.723.01-7.08-46.51
    PAT Growth (%)--2,050.49---
    Operating Profit Margin (%)-6.44-5.482.67-1.54-1.65
    Net Profit Margin (%)-5.99-5.680.33-1.23-6.57
    Basic EPS (₹)-5.73-5.670.29-0.68-4.49

    All figures in Rs Cr, unless mentioned otherwise

    Insights
    • PAT: Troublesome Times

      Company has posted a loss of Rs 7.75 cr for the 4th consecutive quarter. (Source: Consolidated Financials)
    • Topline Contraction

      Sales de-grew by 5.52%. Company witnessed revenue contraction for the first time in last 3 years. (Source: Consolidated Financials)
  • AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Total Assets427.70454.87596.73625.12745.17
    Total Assets Growth (%)-5.97-23.77-4.54-16.11-7.96
    Total Liabilities604.39541.21619.55649.50768.92
    Total Liabilities Growth (%)11.67-12.65-4.61-15.536.05
    Total Equity-176.69-118.37-52.82-54.37-53.74
    Total Equity Growth (%)-----163.53
    Current Ratio (x)0.470.520.640.560.60
    Total Debt to Equity (x)-2.77-3.88-9.87-7.94-8.39
    Contingent Liabilities0.0064.5658.437.7618.19
    AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Total Assets454.90482.07623.93651.50683.12
    Total Assets Growth (%)-5.64-22.74-4.23-4.63-9.38
    Total Liabilities547.07484.85568.19599.93624.93
    Total Liabilities Growth (%)12.83-14.67-5.29-4.00-3.79
    Total Equity-92.17-34.1625.7421.5728.19
    Total Equity Growth (%)--232.7119.33-23.48-62.01
    Current Ratio (x)0.530.580.720.620.60
    Total Debt to Equity (x)-4.61-11.5617.9617.3513.92
    Contingent Liabilities0.0064.5658.437.7624.14

    All figures in Rs Cr, unless mentioned otherwise

  • AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Net Cash flow from Operating Activities14.7972.9660.5223.6184.66
    Net Cash used in Investing Activities0.73-0.770.531.11-0.27
    Net Cash flow from Financing Activities0.96-67.87-61.58-24.40-95.05
    Net Cash Flow16.484.32-0.530.32-10.67
    Closing Cash & Cash Equivalent21.114.630.310.830.51
    Closing Cash & Cash Equivalent Growth (%)356.171,410.77-63.2661.99-95.40
    Total Debt/ CFO (x)33.146.298.6118.285.33
    AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Net Cash flow from Operating Activities15.7677.9563.0022.1489.52
    Net Cash used in Investing Activities0.72-0.78-0.151.11-0.27
    Net Cash flow from Financing Activities0.00-72.85-63.37-22.93-99.92
    Net Cash Flow16.484.32-0.530.32-10.67
    Closing Cash & Cash Equivalent21.114.630.310.830.51
    Closing Cash & Cash Equivalent Growth (%)356.181,410.74-63.2661.99-95.40
    Total Debt/ CFO (x)26.965.077.3416.914.38

    All figures in Rs Cr, unless mentioned otherwise

  • AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Return on Equity (%)0.000.00-5.510.000.00
    Return on Capital Employed (%)61.75149.7369.87-38.42-282.34
    Return on Assets (%)-13.79-12.900.48-1.13-18.71
    Interest Coverage Ratio (x)-2,184.52-4.142.08-2.82-2.53
    Asset Turnover Ratio (x)2.231.921.4391.8094.86
    Price to Earnings (x)-0.44-0.3926.60-7.22-0.09
    Price to Book (x)-0.15-0.19-1.46-0.94-0.24
    EV/EBITDA (x)-12.52-17.3711.3819.06-7.67
    EBITDA Margin (%)-4.01-2.826.174.68-9.11
    AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Return on Equity (%)0.000.0011.69-32.80-165.01
    Return on Capital Employed (%)348.33-124.0921.20-8.96-9.81
    Return on Assets (%)-12.97-12.180.48-1.08-6.80
    Interest Coverage Ratio (x)-2,184.52-4.142.08-2.81-0.28
    Asset Turnover Ratio (x)2.101.871.4088.08103.48
    Price to Earnings (x)-0.44-0.3925.77-7.26-0.28
    Price to Book (x)-0.28-0.673.002.380.47
    EV/EBITDA (x)-10.87-15.1710.2916.9015.23
    EBITDA Margin (%)-4.01-2.826.184.684.03
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Peer Comparison

  • NAMEP/E (x)P/B (x)ROE %ROCE %ROA %Rev CAGR [3Yr]OPMNPMBasic EPSCurrent RatioTotal Debt/ Equity (x)Total Debt/ CFO (x)
    Sumeet Ind-0.46-0.150.0061.75-13.7919.35-6.44-5.99-5.820.47-2.7733.14
    Annual Ratios (%)
    • TABLE
    NAME1D1W1M3M1Y3Y5Y
    Sumeet Ind Stock Performance 2.370.0018.18-22.390.00-51.85-7.14
    All values in %

Mutual Funds Ownership

No Data Available

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Corporate Actions

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About

Sumeet Industries Ltd., incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 26.95 Crore) operating in Textiles sector.

Sumeet Industries Ltd. key Products/Revenue Segments include Polyester Filament Yarn for the year ending 31-Mar-2023.

For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 271.53 Crore, up 19.55 % from last quarter Total Income of Rs 227.13 Crore and up 9.90 % from last year same quarter Total Income of Rs 247.07 Crore. Company has reported net profit after tax of Rs -7.75 Crore in latest quarter.

The company’s top management includes Mr.Shankarlal Somani, Mr.Sumeet Kumar Somani, Mr.Manoj Kumar Jain, Mr.Saurav Santosh Dugar, Mr.Vikashkumar Chandaliya, Ms.Zeel Sureshkumar Modi, Mr.Abhishek Prasad, Mr.Anil Kumar Jain. Company has Pamita Doshi & Co. as its auditors. As on 31-03-2024, the company has a total of 10.36 Crore shares outstanding.

About Sumeet Ind

Sumeet Industries Ltd., incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 26.95 Crore) operating in Textiles sector. Sumeet Industries Ltd. key Products/Revenue Segments include Polyester Filament Yarn for the year ending 31-Mar-2023.For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 271.53 Crore, up 19.55 % from last quarter Total Income of Rs 227.13 Crore and up 9.90 % from last year same quarter Total Income of Rs 247.07 Crore. Company has reported net profit after tax of Rs -7.75 Crore in latest quarter.The company’s top management includes Mr.Shankarlal Somani, Mr.Sumeet Kumar Somani, Mr.Manoj Kumar Jain, Mr.Saurav Santosh Dugar, Mr.Vikashkumar Chandaliya, Ms.Zeel Sureshkumar Modi, Mr.Abhishek Prasad, Mr.Anil Kumar Jain. Company has Pamita Doshi & Co. as its auditors. As on 31-03-2024, the company has a total of 10.36 Crore shares outstanding.

Key Indices Listed On

-

Address

504, Trividh Chamber,Opp. Fire Station,Ring Road,Surat, Gujarat - 395002

Executive Leadership

SS

Shankarlal Somani

Chairman
SK

Sumeet Kumar Somani

Managing Director
MK

Manoj Kumar Jain

Non Executive Director
SS

Saurav Santosh Dugar

Non Executive Director
Show More

Auditors

H Tosniwal & Co.
Pamita Doshi & Co.

FAQs about Sumeet Ind share

  • 1. What is Sumeet Ind share price and what are the returns for Sumeet Ind share?
    Sumeet Ind share price was Rs 2.60 as on 08 Jul, 2024, 03:48 PM IST. Sumeet Ind share price was up by 2.37% based on previous share price of Rs 2.54. Sumeet Ind share price trend:
    • Last 1 Month: Sumeet Ind share price moved remain unchanged by N.A.
    • Last 3 Months: Sumeet Ind share price moved up by 8.33%
    • Last 12 Months: Sumeet Ind share price moved remain unchanged 0.00%
    • Last 3 Years: Sumeet Ind Share price moved down by 74.26%
  • 2. What is the market cap of Sumeet Ind?
    Within the Textiles sector, Sumeet Ind stock has a market cap rank of 85. Sumeet Ind has a market cap of Rs 26.95 Cr.
  • 3. What is Sumeet Ind's 52 week high / low?
    Sumeet Ind share price saw a 52 week high of Rs 5.30 and 52 week low of Rs 1.90.
  • 4. What are the Sumeet Ind quarterly results?
    Total Revenue and Earning for Sumeet Ind for the year ending 2024-03-31 was Rs 985.71 Cr and Rs -59.01 Cr on Consolidated basis. Last Quarter 2024-03-31, Sumeet Ind reported an income of Rs 271.53 Cr and loss of Rs -7.75 Cr.
  • 5. What dividend is Sumeet Ind giving?
    No dividend has been report for Sumeet Industries Ltd..
  • 6. Who owns Sumeet Ind?
    Following are the key changes to Sumeet Ind shareholding:
    • Promoter holding have gone down from 21.67 (31 Dec 2022) to 21.07 (31 Dec 2023)
    • Other investor holding has gone up from 78.33 (31 Mar 2023) to 100.0 (31 Mar 2024)
  • 7. Who's the chairman of Sumeet Ind?
    Shankarlal Somani is the Chairman of Sumeet Ind
  • 8. What is the CAGR of Sumeet Ind?
    The CAGR of Sumeet Ind is 14.46.
  • 9. What is the PE & PB ratio of Sumeet Ind?
    The PE ratio of Sumeet Ind stands at -0.46, while the PB ratio is -0.15.
  • 10. How can I quickly analyze Sumeet Ind stock?
    Sumeet Ind share can be quickly analyzed on following metrics:
    • Stock's PE is -0.46
    • Price to Book Ratio of -0.15
  • 11. What are the returns for Sumeet Ind share?
    Return Performance of Sumeet Ind Shares:
    • 1 Week: Sumeet Ind share price moved up by 2.36%
    • 1 Month: Sumeet Ind share price moved remain unchanged by N.A.
    • 3 Month: Sumeet Ind share price moved up by 8.33%
    • 6 Month: Sumeet Ind share price moved remain unchanged by N.A.

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