Sarup Industries

Why is Sarup Industries Ltd falling/rising?

As of 01-Sep, Sarup Industries Ltd's stock price is at 118.05, unchanged from the previous session, but has declined 26.38% year-to-date. The stock shows volatility and reduced investor participation, indicating ongoing downward pressure.

As of 01-Sep, Sarup Industries Ltd's stock price is currently at 118.05, showing no change from the previous trading session. The stock has experienced a decline of 2.40% over the past week, while the benchmark Sensex has decreased by only 0.92% during the same period. Over the last month, the stock has fallen by 0.51%, compared to a 1.47% drop in the Sensex. Year-to-date, Sarup Industries Ltd has seen a significant decline of 26.38%, while the Sensex has only decreased by 9.71%.<BR><BR>Today's trading performance indicates some volatility, as the stock opened with a loss of 2.85% and reached an intraday low of Rs 115, which is a 4.92% decrease. Although it touched a high of Rs 124.9 during the day, the overall trend reflects a lack of stability. The stock has also shown erratic trading patterns, having not traded on 2 out of the last 20 days, which may contribute to investor uncertainty.<BR><BR>Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 16.85% against the 5-day average, indicating reduced interest from investors. The stock's weighted average price suggests that more volume was traded closer to the low price, further emphasizing the downward pressure on the stock. While it is currently trading above its 5-day, 20-day, and 50-day moving averages, it remains below the 100-day and 200-day moving averages, indicating a bearish trend in the longer term.<BR><BR>In summary, the combination of recent price declines, reduced investor participation, and erratic trading behavior suggests that Sarup Industries Ltd's stock is currently facing downward pressure.

Who are in the management team of Sarup Industries?

The management team of Sarup Industries includes Simarjit Singh Bawa (Managing Director), Atamjit Singh Bawa, Lissy Jacob (Directors), and several independent directors, along with Megha Gandhi and Pooja Chugh as Company Secretaries. 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, independent directors, and company secretaries, contributing to the governance and management of the company.

What does Sarup Industries do?

Sarup Industries Ltd, established in 1979, specializes in leather and tanneries, focusing on shoe components within the Gems, Jewellery, and Watches industry. As of June 2026, it reported net sales of 3 Cr and a market cap of INR 39 Cr.

Overview: <BR>Sarup Industries Ltd is engaged in the business of leather and tanneries, specializing in developing 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 latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 3 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 39 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 77.00 <BR>Industry P/E: 52 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -15.29 <BR>Return on Equity: -20.75% <BR>Price to Book: -16.32<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

Who are the peers of the Sarup Industries?

Peers of Sarup Industries include Guru Krupa Gems, Zodiac-JRD MKJ, Homre, AKI India, Eighty Jewellers, Rajnish Retail, Shoora Designs, and Koura Fine Diamo. Notably, Guru Krupa Gems has the highest 1-year return at 36.49%, while AKI India has the lowest at -53.75%.

Peers: The peers of Sarup Industries are Guru Krupa Gems, Zodiac-JRD MKJ, Homre, AKI India, Eighty Jewellers, Rajnish Retail, Shoora Designs, and Koura Fine Diamo.<BR><BR>Quality Snapshot: Below Average management risk is observed at Guru Krupa Gems, Homre, AKI India, Shoora Designs, and the rest. Average management risk is found at Eighty Jewellers and Rajnish Retail. Excellent growth is noted at Zodiac-JRD MKJ, while Average growth is seen at Homre, and Below Average growth is present at Guru Krupa Gems, AKI India, Eighty Jewellers, and the rest. Good capital structure is exhibited by Zodiac-JRD MKJ, Rajnish Retail, Shoora Designs, and Koura Fine Diamo, while Below Average capital structure is found at Guru Krupa Gems, Homre, AKI India, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Guru Krupa Gems at 36.49%, while the peer with the lowest is AKI India at -53.75%. Sarup Industries does not have a 1-year return available for comparison. Additionally, Rajnish Retail and AKI India have negative six-month returns.

How big is Sarup Industries?

As of 31st August, Sarup Industries Ltd has a market capitalization of 39.00 Cr, with recent net sales of 15.26 Cr and a net profit of 0.50 Cr. The company reported shareholder's funds of -3.01 Cr and total assets of 65.71 Cr as of March 2025.

As of 31st August, Sarup Industries Ltd has a market capitalization of 39.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Sarup Industries reported Net Sales of 15.26 Cr and a Net Profit of 0.50 Cr.<BR><BR>As of the latest annual period in March 2025, the company had Shareholder's Funds of -3.01 Cr and Total Assets amounting to 65.71 Cr.

Which are the latest news on Sarup Industries?

Should I buy, sell or hold Sarup Industries Ltd?

Are Sarup Industries Ltd latest results good or bad?

Sarup Industries Ltd's latest results are concerning, showing a 37.21% decline in net profit and a dramatic drop in operating profit margin to 0.92%. With a negative book value and high debt levels, the company faces significant financial challenges, leading to a "Strong Sell" rating.

The latest results for Sarup Industries Ltd are concerning, indicating a significant deterioration in financial performance. In the quarter ending March 2026, the company reported a net profit of ₹0.27 crores, which represents a 37.21% decline compared to the same quarter last year. Additionally, the revenue increased by 22.60% quarter-on-quarter to ₹4.34 crores, but this is misleading as it reflects a 10.52% decrease year-on-year.<BR><BR>The operating profit margin has collapsed dramatically, falling to just 0.92% from 12.16% a year ago, suggesting severe cost pressures or pricing challenges. The company also has a negative book value of ₹-9.26 per share, which raises serious concerns about its financial stability. Furthermore, elevated debt levels and a lack of institutional investor confidence contribute to a negative outlook.<BR><BR>Overall, the results indicate that Sarup Industries is facing significant operational and financial challenges, leading to a "Strong Sell" rating and a low Mojo score of 17 out of 100. Investors should approach this company with caution given the current circumstances.

When is the next results date for Sarup Industries Ltd?

The next results date for Sarup Industries Ltd is 14 August 2026.

The next results date for Sarup Industries Ltd is scheduled for 14 August 2026.

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.