Sarup Industries

Why is Sarup Industries Ltd falling/rising?

As of 28-Jun, Sarup Industries Ltd's stock price has risen to 129.90, reflecting a 0.46% increase, driven by strong recent performance and heightened investor interest. Despite a year-to-date decline, the stock has significantly outperformed the Sensex over the past year and shows potential for further gains.

As of 28-Jun, Sarup Industries Ltd is experiencing a rise in its stock price, currently at 129.90, with a change of 0.6 (0.46%) upward. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 2.11% today and has shown a strong performance over the last six days, gaining 10.65% during this period. Additionally, the stock's delivery volume has significantly increased, rising by 806.67% against the 5-day average, indicating heightened investor interest and participation.<BR><BR>In terms of performance relative to the benchmark, Sarup Industries Ltd has shown a positive return of 5.48% over the past week, while the Sensex has declined by 0.40%. Although the stock has a year-to-date decline of 18.99%, its one-year performance is strong, with a return of 50.52%, significantly outperforming the Sensex's decline of 6.83% in the same period. Furthermore, the stock's performance over three and five years is impressive, with returns of 390.19% and 507.01%, respectively, compared to the Sensex's much lower returns.<BR><BR>While the stock is currently trading higher than its 5-day and 20-day moving averages, it remains below its longer-term moving averages (50-day, 100-day, and 200-day), suggesting potential for further upward movement. Overall, the combination of recent gains, increased trading volume, and strong historical performance contributes to the rising stock price of Sarup Industries Ltd.

Which are the latest news on Sarup Industries?

How big is Sarup Industries?

As of 10th June, Sarup Industries Ltd has a market capitalization of 37.00 Cr, with recent Net Sales of 16.09 Cr and a Net Profit of 0.57 Cr. The company has Shareholder's Funds of -3.01 Cr and Total Assets of 65.71 Cr.

As of 10th June, Sarup Industries Ltd has a market capitalization of 37.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Sarup Industries reported Net Sales of 16.09 Cr and a Net Profit of 0.57 Cr.<BR><BR>As of the latest annual period, the company has Shareholder's Funds of -3.01 Cr and Total Assets amounting to 65.71 Cr.

Who are in the management team of Sarup Industries?

The management team of Sarup Industries includes Managing Director Simarjit Singh Bawa, Directors Atamjit Singh Bawa and Lissy Jacob, and several independent directors, along with company secretaries Megha Gandhi and Pooja Chugh. This diverse team oversees the company's governance and management.

The management team of Sarup Industries includes the following individuals:<BR><BR>1. **Simarjit Singh Bawa** - Managing Director<BR>2. **Atamjit Singh Bawa** - Director<BR>3. **Lissy Jacob** - Director<BR>4. **G S Bedi** - Independent Director<BR>5. **Ashwani Kumar Arora** - Independent Director and Non-Executive Director<BR>6. **Surinder Singh Cheema** - Independent Director<BR>7. **Harnarinder Deep Kaur** - Independent Director<BR>8. **Rohit Rajpal** - Additional Independent Director<BR>9. **Megha Gandhi** - Company Secretary<BR>10. **Pooja Chugh** - Company Secretary<BR><BR>This team comprises a mix of directors and independent directors, along with company secretaries, contributing to the governance and management of the company.

Who are the peers of the Sarup Industries?

Sarup Industries' peers include Homre, Zodiac-JRD MKJ, Eighty Jewellers, and others, with varying management and growth risks. Homre leads with a 1-year return of 294.92%, while Sarup Industries has a return of 20.22%.

Peers: The peers of Sarup Industries are Homre, Zodiac-JRD MKJ, Eighty Jewellers, Rajnish Retail, U. H. Zaveri, Manoj Jewellers, Shoora Designs, Kanani Industrie, Deep Health AI, and Kenvi Jewels.<BR><BR>Quality Snapshot: Excellent management risk is observed at Manoj Jewellers, while Average management risk is found at Eighty Jewellers and Rajnish Retail, and the rest have Below Average management risk. Excellent growth is noted at Zodiac-JRD MKJ and Manoj Jewellers, while Average growth is found at Homre and Kenvi Jewels, and the rest have Below Average growth. Good capital structure is present at Zodiac-JRD MKJ, Manoj Jewellers, Shoora Designs, and Deep Health AI, while Average capital structure is found at Manoj Jewellers, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Homre at 294.92%, while the peer with the lowest is Deep Health AI at -54.39%. Sarup Industries has a 1-year return of 20.22%, which is significantly lower than Homre's but higher than Deep Health AI's. Additionally, peers with negative six-month returns include Rajnish Retail, Kanani Industrie, and Deep Health AI.

What does Sarup Industries do?

Sarup Industries Ltd specializes in leather and tanneries, focusing on shoe components, and operates in the Gems, Jewellery and Watches industry. Incorporated in 1979, it has a market cap of INR 37 Cr and reported net sales of 4 Cr with no net profit for the quarter ending March 2026.

Overview:<BR>Sarup Industries Ltd is engaged in the business of leather and tanneries, specializing in the development of a wide range of shoe components, and operates within the Gems, Jewellery and Watches industry as a micro-cap company.<BR><BR>History:<BR>Incorporated on 27 July 1979, Sarup Industries Limited was formerly known as Sarup Tanneries Limited and became a Public Limited Company in 1992. The most recent quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 4 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 37 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 62.00<BR>- Industry P/E: 18<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: -15.29<BR>- Return on Equity: -23.65%<BR>- Price to Book: -15.36<BR><BR>Contact Details:<BR>- Address: 141 Leather Complex, Jalandhar Punjab: 144001<BR>- Tel: 0181-2271556/7/8<BR>- Email: shareholders@bawastl.com<BR>- Website: http://www.sarupindustries.com

Should I buy, sell or hold Sarup Industries Ltd?

When is the next results date for Sarup Industries Ltd?

The next results date for Sarup Industries Ltd is 30 May 2026.

The next results date for Sarup Industries Ltd is scheduled for 30 May 2026.

Are Sarup Industries Ltd latest results good or bad?

Sarup Industries Ltd's latest results are unfavorable, showing a 17.29% sequential revenue decline to ₹3.54 crores and a 61.54% drop in net profit to ₹0.05 crores, alongside concerns about its financial health due to a negative book value.

The latest results for Sarup Industries Ltd indicate a challenging performance. In Q3 FY26, the company experienced a significant revenue contraction of 17.29% sequentially, bringing total revenue down to ₹3.54 crores. This marks the weakest top-line performance in recent quarters and reflects a year-on-year decline of 24.36% compared to ₹4.68 crores in Q3 FY25.<BR><BR>Net profit also saw a sharp decline, falling 61.54% from ₹0.13 crores to just ₹0.05 crores. The operating margin slightly compressed to 11.86%, down from 11.92% in the previous quarter, indicating ongoing operational pressures. Additionally, the company's return on equity stands at 0.00%, and it has a negative book value of ₹-3.01 crores, raising concerns about its financial health.<BR><BR>Overall, the results suggest that Sarup Industries is facing significant operational challenges and declining profitability, which could be viewed as unfavorable for investors.

How has been the historical performance of Sarup Industries?

Sarup Industries has shown a recovery in its historical performance, with net sales increasing to 15.97 Cr in March 2025 from 11.57 Cr in March 2024, and a profit before tax of 4.59 Cr, up from a loss of 1.59 Cr the previous year. Despite negative cash flow from operations, the company has improved profitability metrics significantly.

Answer:<BR>The historical performance of Sarup Industries shows a fluctuating trend in net sales and profitability over the years, with a notable recovery in recent periods.<BR><BR>Breakdown:<BR>Sarup Industries reported net sales of 15.97 Cr in March 2025, a significant increase from 11.57 Cr in March 2024 and 9.14 Cr in March 2023, although it remains lower than the 21.10 Cr recorded in March 2020. The total operating income also rose to 16.00 Cr in March 2025 from 11.57 Cr in the previous year. The company's total expenditure increased to 13.71 Cr in March 2025, leading to an operating profit of 2.29 Cr, up from 1.17 Cr in March 2024. This marks a substantial improvement from the losses reported in earlier years, with a profit before tax of 4.59 Cr in March 2025 compared to a loss of 1.59 Cr in March 2024. Profit after tax also turned positive at 4.79 Cr in March 2025, contrasting sharply with the losses in prior years. The company's total liabilities stood at 65.71 Cr in March 2025, slightly up from 65.45 Cr in March 2024, while total assets increased to 65.71 Cr from 65.45 Cr. The cash flow from operating activities was negative at -2.00 Cr in March 2025, but cash flow from investing activities showed a positive inflow of 4.00 Cr. Overall, Sarup Industries has shown signs of recovery with improved sales and profitability metrics in the most recent fiscal year.

Is Sarup Industries overvalued or undervalued?

As of November 12, 2024, Sarup Industries is considered overvalued and risky, with a PE ratio of 29.81, a negative Price to Book Value of -9.90, and underperformance against the Sensex, indicating poor financial health and no expected growth.

As of 12 November 2024, the valuation grade for Sarup Industries has moved from does not qualify to risky, indicating a shift in the perception of its financial health. Based on the current analysis, the company appears to be overvalued. The PE ratio stands at 29.81, which is significantly higher than its peers, such as Mayur Uniquoters at 17.04 and Phoenix International at 40.89. Additionally, the EV to EBITDA ratio for Sarup Industries is 25.72, compared to Mayur Uniquoters’ 12.35, suggesting that Sarup is trading at a premium relative to its earnings potential.<BR><BR>The negative Price to Book Value of -9.90 further emphasizes the company's precarious financial position, while the ROCE of 6.06% does not inspire confidence when compared to industry standards. The PEG ratio of 0.00 indicates that there is no growth expected, which is concerning. Furthermore, Sarup Industries has underperformed against the Sensex over the past month, with a return of -8.94% compared to the Sensex's 3.88%. This combination of high valuation ratios and poor performance relative to peers and the broader market reinforces the conclusion that Sarup Industries is overvalued.

What is the technical trend for Sarup Industries?

As of June 5, 2025, Sarup Industries shows a mildly bullish trend, supported by bullish MACD and Bollinger Bands, despite some bearish signals from the monthly RSI and KST.

As of 5 June 2025, the technical trend for Sarup Industries has changed from bullish to mildly bullish. The weekly MACD remains bullish, supporting a positive outlook, while the monthly MACD also indicates bullishness. However, the monthly RSI is bearish, suggesting some weakness in momentum. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, indicating potential for upward movement. Daily moving averages are mildly bullish, reinforcing the short-term positive stance. KST shows a mildly bearish signal on the weekly but bullish on the monthly, and Dow Theory indicates a mildly bearish stance on the weekly while being bullish on the monthly. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD and Bollinger Bands, despite some bearish signals from the RSI and KST.

Who are the top shareholders of the Sarup Industries?

The top shareholder of Sarup Industries is Atamjit Singh Bawa, holding 64.76%, with pledged promoter holdings at 28.94%. Public shareholders include Rajesh Kumar Agrawal at 4.16% and individual investors with a combined 20.18%, while there are no mutual funds or foreign institutional investors involved.

The top shareholders of Sarup Industries are primarily the promoters, with Atamjit Singh Bawa holding the highest stake at 64.76%. The pledged promoter holdings amount to 28.9436%. In terms of public shareholders, Rajesh Kumar Agrawal is the largest, holding 4.16%. Additionally, individual investors collectively hold 20.18% of the shares. Notably, there are currently no mutual funds or foreign institutional investors (FIIs) holding shares in the company.

Has Sarup Industries declared dividend?

Yes, Sarup Industries Ltd has declared a 10% dividend, amounting to 1 per share, with an ex-date of September 21, 2017. However, the dividend yield is 0%, and the company has shown significant price returns over the years despite no dividend income.

Sarup Industries Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: Sep-21-2017<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>Over the last 6 months, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>In the past year, the price return was 138.05%, the dividend return was 0%, leading to a total return of 138.05%.<BR><BR>Over the last 2 years, the price return was 239.44%, the dividend return was 0%, resulting in a total return of 239.44%.<BR><BR>In the 3-year period, the price return was 307.33%, with a dividend return of 0%, culminating in a total return of 307.33%.<BR><BR>For the last 4 years, the price return was 438.48%, the dividend return was 0%, which resulted in a total return of 438.48%.<BR><BR>In the 5-year span, the price return was 236.95%, the dividend return was 0%, leading to a total return of 236.95%.<BR><BR>Overall, while Sarup Industries has declared a dividend, the dividend yield remains at 0%. The company has shown significant price returns over various periods, indicating strong performance despite the lack of dividend income in recent years.