Sarup Industries

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.

When is the next results date for Sarup Industries?

No Upcoming Board Meetings

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.

Who are the peers of the Sarup Industries?

Peers of Sarup Industries include Titan Company, Kalyan Jewellers, PC Jeweller, and others. Management risk varies from excellent to below average, with Titan Company showing the best growth and PC Jeweller the highest 1-year return at 154.26%.

Peers: The peers of Sarup Industries are Titan Company, Kalyan Jewellers, PC Jeweller, P N Gadgil Jewe., Ethos Ltd, Goblin India, Retaggio, Goenka Diamond, and Varyaa Creations.<BR><BR>Quality Snapshot: Excellent management risk is observed at P N Gadgil Jewe. and Varyaa Creations, while Good management risk is found at Titan Company, Kalyan Jewellers, and the rest. Average management risk is noted at Ethos Ltd and Retaggio, while Below Average management risk is seen at PC Jeweller, Goblin India, and Goenka Diamond. In terms of Growth, Excellent growth is exhibited by Titan Company, Kalyan Jewellers, P N Gadgil Jewe., Ethos Ltd, and Varyaa Creations, while Below Average growth is present at PC Jeweller, Goblin India, and Retaggio. Good capital structure is found at Titan Company, P N Gadgil Jewe., and Varyaa Creations, while Below Average capital structure is noted at Kalyan Jewellers, PC Jeweller, Goblin India, and Goenka Diamond.<BR><BR>Return Snapshot: The peer with the highest 1-year return is PC Jeweller at 154.26%, while the lowest is Goblin India at -48.61%. Sarup Industries does not have a reported 1-year return for comparison. Additionally, the six-month return is negative for Kalyan Jewellers, PC Jeweller, Goblin India, and Goenka Diamond.

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 in the management team of Sarup Industries?

As of March 2019, the management team of Sarup Industries includes Simarjit Singh Bawa (Managing Director), Atamjit Singh Bawa, G S Bedi, Ashwani Kumar Arora, Surinder Singh Cheema, Lissy Jacob, Harnarinder Deep Kaur, Rohit Rajpal (Independent Directors), and Megha Gandhi and Pooja Chugh (Company Secretaries).

As of March 2019, the management team of Sarup Industries includes the following individuals:<BR><BR>1. Atamjit Singh Bawa - Director<BR>2. G S Bedi - Independent Director<BR>3. Ashwani Kumar Arora - Independent Director and Non-Executive Director<BR>4. Surinder Singh Cheema - Independent Director<BR>5. Lissy Jacob - Director<BR>6. Harnarinder Deep Kaur - Independent Director<BR>7. Simarjit Singh Bawa - Managing Director<BR>8. Megha Gandhi - Company Secretary<BR>9. Rohit Rajpal - Additional Independent Director<BR>10. Pooja Chugh - Company Secretary<BR><BR>As of March 2019, the management team reflects a mix of directors, independent directors, and company secretaries, with Simarjit Singh Bawa serving as the Managing Director.

What does Sarup Industries do?

Sarup Industries Ltd specializes in leather and tanneries, producing shoe uppers, soles, and complete shoes. Incorporated in 1979, it reported net sales of 48 Cr and a net profit of 4 Cr for the quarter ending March 2025, with a market cap of INR 32 Cr.

Overview:<BR>Sarup Industries Ltd is engaged in the business of leather and tanneries, specializing in the development of a wide range of shoe uppers, soles, and complete shoes, operating 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 latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 48 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 4 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 32 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 30.00<BR>- Industry P/E: 18<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -11.97<BR>- Return on Equity: -23.92%<BR>- Price to Book: -10.57<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

How big is Sarup Industries?

As of 24th July, Sarup Industries Ltd has a market capitalization of 33.00 Cr, with recent net sales of 16.21 Cr and a net profit of 4.86 Cr. The company has shareholder's funds of -7.78 Cr and total assets of 65.45 Cr.

As of 24th July, Sarup Industries Ltd has a market capitalization of 33.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Sarup Industries reported Net Sales of 16.21 Cr and a Net Profit of 4.86 Cr.<BR><BR>As of the latest annual period, the company had Shareholder's Funds of -7.78 Cr and Total Assets amounting to 65.45 Cr.

Are Sarup Industries latest results good or bad?

Sarup Industries' latest results show improved profitability with a PAT increase to Rs 0.55 crore, but overall performance is flat, marked by slowed net sales growth and a decline in operational efficiency, leading to a cautious 'Sell' recommendation from MarketsMOJO.

Sarup Industries' latest results present a mixed picture. On one hand, the company has shown a notable improvement in its Profit After Tax (PAT), which increased to Rs 0.55 crore for the six-month period ending June 2025, compared to Rs 0.34 crore for the previous year. This indicates a positive trend in profitability, as the company has already surpassed its PAT from the entire previous year within just half a year.<BR><BR>However, the overall financial performance has been flat, with a decline in the company's score from 11 to 3 over the past three months. Net sales growth has slowed significantly, dropping to 9.17% compared to a much higher 176.92% in the same quarter last year. Additionally, the operating profit margin has decreased, reflecting challenges in operational efficiency.<BR><BR>Despite the positive aspect of increased profitability, the cautious sentiment is underscored by a 'Sell' call from MarketsMOJO, indicating that investors may be wary of the company's recent performance. Overall, while there are some encouraging signs, the flat performance and declining metrics suggest that the results are not entirely favorable.

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.

Should I buy, sell or hold Sarup Industries?

Why is Sarup Industries Ltd falling/rising?

As of 18-Jan, Sarup Industries Ltd's stock price is stable at 163.00, with a strong historical performance but current concerns due to declining investor participation, negative book value, and high pledged shares, indicating potential risks for future performance.

As of 18-Jan, Sarup Industries Ltd's stock price is currently stable at 163.00, showing no change (0.00%). Despite this stability, the stock has demonstrated a strong performance over various periods, with a notable increase of 36.34% over the past year, significantly outperforming the Sensex, which rose by only 8.47% in the same timeframe. Additionally, the stock has shown impressive growth over the last three years, with a staggering 407.00% increase compared to the Sensex's 39.07%.<BR><BR>However, there are several factors contributing to a cautious outlook. The stock has underperformed its sector by 1.63% today, and there has been a significant decline in investor participation, with delivery volume dropping by 96.44% against the 5-day average. This suggests a lack of interest from investors, which could be a sign of underlying concerns regarding the company's fundamentals.<BR><BR>Moreover, Sarup Industries Ltd has a negative book value and a weak long-term fundamental strength, indicated by stagnant operating profit growth and a high debt-to-equity ratio. The company's operating cash flow was reported at its lowest, further raising concerns about its financial health. Additionally, 28.94% of promoter shares are pledged, which can exert downward pressure on the stock in a declining market.<BR><BR>In summary, while Sarup Industries Ltd has shown strong historical returns, current indicators such as declining investor participation, negative book value, and high pledged shares suggest potential risks that could impact the stock's future performance.

Which are the latest news on Sarup Industries?