Sumeet Industrie

Which are the latest news on Sumeet Industrie?

Why is Sumeet Industries Ltd falling/rising?

As of 05-Sep, Sumeet Industries Ltd's stock price is rising slightly, with a 0.52% increase over the last two days, but it has significantly declined by 43.07% in the past month and 56.36% year-to-date. Despite short-term gains, investor sentiment remains cautious due to the stock's overall downward trend and declining participation.

As of 05-Sep, Sumeet Industries Ltd's stock price is currently rising, as indicated by a change of 0.06, or 0.52%, in the positive direction. This increase follows a trend where the stock has gained for the last two days, resulting in a total return of 1.68% during this period. Additionally, the stock has outperformed its sector by 0.37% today.<BR><BR>However, it is important to note that despite this recent uptick, the stock has experienced significant declines over longer periods. For instance, it has fallen by 43.07% over the past month and 56.36% year-to-date. The current price is also close to its 52-week low, being only 3.47% above the low of Rs 11.12. Furthermore, the stock is trading below all major moving averages, indicating a longer-term downward trend.<BR><BR>Investor participation appears to be declining, as evidenced by a 14.1% drop in delivery volume compared to the 5-day average. This suggests that while there may be short-term gains, the overall sentiment around the stock remains cautious, influenced by its substantial losses in the past year and year-to-date.

Who are in the management team of Sumeet Industrie?

The management team of Sumeet Industrie includes Shankar Lal Somani (Chairman & Executive Director), Sumeet Kumar Somani (Managing Director), Anil Kumar Jain (Company Secretary), and four Independent Directors: Manoj Kumar Ganeshmal Jain, Zeel Sureshkumar Modi, Vikash Kumar Kamalsingh Chandaliya, and Saurav Santosh Dugar. They oversee the company's operations and strategic direction.

The management team of Sumeet Industrie includes the following individuals:<BR><BR>1. **Shankar Lal Somani** - Chairman & Executive Director<BR>2. **Sumeet Kumar Somani** - Managing Director<BR>3. **Anil Kumar Jain** - Company Secretary & Compliance Officer<BR>4. **Manoj Kumar Ganeshmal Jain** - Independent Director<BR>5. **Zeel Sureshkumar Modi** - Independent Director<BR>6. **Vikash Kumar Kamalsingh Chandaliya** - Independent Director<BR>7. **Saurav Santosh Dugar** - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Sumeet Industrie do?

Sumeet Industries Ltd is a manufacturer and exporter of Polyester Chips, Polyester Filament Yarn, and Polypropylene Multifilament Yarn, operating in the Garments & Apparels industry. As of June 2026, it reported net sales of ₹272 Cr and a net profit of ₹1 Cr, with a market cap of ₹879 Cr.

Overview: <BR>Sumeet Industries Ltd is a manufacturer and exporter of Polyester Chips, Polyester Filament Yarn (POY & FDY), and Polypropylene Multifilament Yarn, operating in the Garments & Apparels industry within the Micro Cap market.<BR><BR>History: <BR>Sumeet Industries Limited was incorporated on 1 August 1988 as a private limited company and converted into a public limited company on 1 February 1992. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 272 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 1 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 879 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 34.00 <BR>Industry P/E: 28 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.58 <BR>Return on Equity: 15.02% <BR>Price to Book: 4.16<BR><BR>Contact Details: <BR>Address: 504 Trividh Chambers, Opp Fire Station Ring Road Surat Gujarat : 395002 <BR>Tel: 91-261-2328902 <BR>Email: sumeetindus@yahoo.com <BR>Website: http://www.sumeetindustries.com

Who are the peers of the Sumeet Industrie?

Sumeet Industrie's peers include Monte Carlo Fas., Nahar Spinning, Swaraj Suiting, Ambika Cotton, RSWM Ltd, Mafatlal Inds., Himatsing. Seide, United Polyfab, and Borana Weaves, with varying management risks and growth rates. Nahar Spinning leads in 1-year returns at 35.34%, while Sumeet Industrie has a return of -31.31%.

Peers: The peers of Sumeet Industrie are Monte Carlo Fas., Nahar Spinning, Swaraj Suiting, Ambika Cotton, RSWM Ltd, Mafatlal Inds., Himatsing. Seide, United Polyfab, Borana Weaves.<BR><BR>Quality Snapshot: Excellent management risk is observed at Ambika Cotton and Borana Weaves, while Average management risk is found at Monte Carlo Fas., Nahar Spinning, Swaraj Suiting, Himatsing. Seide, and United Polyfab, and the rest. Good growth is noted at Swaraj Suiting and Mafatlal Inds., while Sumeet Industrie and the rest exhibit Good growth. Below Average growth is seen at Monte Carlo Fas., Nahar Spinning, Ambika Cotton, RSWM Ltd, Himatsing. Seide, United Polyfab, and the rest. Excellent capital structure is present at Ambika Cotton and Borana Weaves, while Average capital structure is found at Monte Carlo Fas., Nahar Spinning, Swaraj Suiting, and United Polyfab, and the rest. Below Average capital structure is noted at RSWM Ltd, Mafatlal Inds., Himatsing. Seide, and Sumeet Industrie.<BR><BR>Return Snapshot: Nahar Spinning has the highest 1-year return at 35.34%, while Himatsing. Seide has the lowest at -39.94%. Sumeet Industrie’s 1-year return of -31.31% is better than Himatsing. Seide but worse than Nahar Spinning. Additionally, the six-month return is negative for Monte Carlo Fas., Himatsing. Seide, Mafatlal Inds., and Borana Weaves.

How big is Sumeet Industrie?

No Data Available for the Stock

Should I buy, sell or hold Sumeet Industries Ltd?

When is the next results date for Sumeet Industries Ltd?

The next results date for Sumeet Industries Ltd is August 5, 2026.

The next results date for Sumeet Industries Ltd is scheduled for August 5, 2026.

Are Sumeet Industries Ltd latest results good or bad?

Sumeet Industries Ltd's latest results show a mixed performance: while net profit increased 12.44% quarter-on-quarter, it fell 88.92% year-on-year. Revenue grew 9.34% year-on-year but declined slightly from the previous quarter, indicating concerns about profitability and operational efficiency.

Sumeet Industries Ltd's latest results present a mixed picture. In Q4 FY26, the company reported a net profit of ₹7.50 crores, which is a 12.44% increase compared to the previous quarter. However, this figure represents a significant decline of 88.92% year-on-year, largely due to an exceptionally high profit base in Q4 FY25.<BR><BR>On the revenue front, Sumeet Industries generated ₹265.72 crores, reflecting a slight decrease of 0.45% from the previous quarter but a year-on-year growth of 9.34%. The operating margin stood at 5.05%, which is a decline from the previous quarter but an improvement from the same quarter last year.<BR><BR>Despite the sequential improvement in net profit and operating margin, the substantial year-on-year declines in net profit and PAT margin (which fell to 1.42%) raise concerns about the company's profitability and operational efficiency. The overall financial performance indicates that while there are some positive trends, significant challenges remain, particularly in sustaining profitability and managing operational costs. <BR><BR>In summary, while there are some positive indicators in the latest results, the sharp year-on-year declines suggest that the overall performance is concerning, and investors should be cautious.

How has been the historical performance of Sumeet Industrie?

Sumeet Industrie showed a recovery in profitability in Mar'25, with net sales of 1,003.37 Cr and a profit after tax of 170.26 Cr, compared to losses in the previous year. Operating profit improved significantly, indicating enhanced operational efficiency.

Answer:<BR>The historical performance of Sumeet Industrie shows a fluctuating trend in net sales and profitability over the years. <BR><BR>Breakdown:<BR>Sumeet Industrie reported net sales of 1,003.37 Cr in Mar'25, a slight increase from 984.86 Cr in Mar'24, but a decrease from 1,033.12 Cr in Mar'23. The total operating income mirrored this trend, reaching 1,003.37 Cr in Mar'25. Raw material costs decreased to 808.33 Cr in Mar'25 from 839.92 Cr in Mar'24, while total expenditure fell to 991.05 Cr from 1,025.25 Cr. Operating profit, excluding other income, improved to 12.32 Cr in Mar'25 from a loss of 40.39 Cr in Mar'24, leading to an operating profit margin of 1.23%. Profit before tax surged to 179.59 Cr in Mar'25 from a loss of 63.47 Cr in Mar'24, resulting in a profit after tax of 170.26 Cr, a significant recovery from a loss of 59.01 Cr the previous year. The company's total assets were stable at 428.48 Cr in Mar'25, with total liabilities slightly increasing to 428.48 Cr. Cash flow from operating activities rose to 410.00 Cr in Mar'25, indicating improved liquidity, while net cash inflow reached 19.00 Cr. Overall, Sumeet Industrie demonstrated a recovery in profitability and operational efficiency in Mar'25 compared to the previous years.

Is Sumeet Industrie technically bullish or bearish?

As of November 3, 2025, Sumeet Industrie shows a mildly bullish trend, supported by bullish MACD and moving averages, despite some bearish signals from the monthly RSI and weekly KST.

As of 3 November 2025, the technical trend for Sumeet Industrie 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 shows a bearish signal, which contrasts with the overall bullish indicators. The Bollinger Bands are bullish on both the weekly and monthly time frames. The daily moving averages are bullish, reinforcing the positive sentiment in the short term. The KST is mildly bearish on the weekly but bullish monthly, indicating mixed signals. Dow Theory shows a mildly bearish stance on the weekly and no trend on the monthly. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD and moving averages, despite some bearish signals from the RSI and KST.

Is Sumeet Industrie overvalued or undervalued?

As of August 6, 2025, Sumeet Industrie is considered very expensive and overvalued with a high PE ratio of 58.47 and EV to EBITDA of 45.71, especially when compared to peers like K P R Mill Ltd and Trident, despite its impressive year-to-date stock return of 2487.99%.

As of 6 August 2025, Sumeet Industrie has moved from a risky valuation grade to very expensive. The company appears to be overvalued based on its high PE ratio of 58.47, an EV to EBITDA of 45.71, and a Price to Book Value of 7.10. These ratios indicate that the stock is trading at a significant premium compared to its earnings and book value, suggesting that investors are paying a high price for relatively low returns.<BR><BR>In comparison to its peers, K P R Mill Ltd has a PE ratio of 43.61 and an EV to EBITDA of 28.44, while Trident shows a more reasonable PE of 32.82 and an EV to EBITDA of 15.63. This stark contrast highlights Sumeet Industrie's overvaluation in the garments and apparels industry. Additionally, while the company has shown remarkable stock returns year-to-date at 2487.99%, this performance does not justify its current valuation metrics, reinforcing the conclusion that Sumeet Industrie is overvalued.

Who are the top shareholders of the Sumeet Industrie?

The top shareholder of Sumeet Industrie is Padmini Polytex Private Limited, holding 33.49% of the shares, with no pledged promoter holdings. The highest public shareholder is Kapil Birla at 1.9%, while individual investors own 8.67% of the company.

The top shareholders of Sumeet Industrie are primarily the promoters, with Padmini Polytex Private Limited holding the largest stake at 33.49%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) involved. The highest public shareholder is Kapil Birla, who holds 1.9% of the shares. Additionally, individual investors collectively hold 8.67% of the company's shares.