Sumeet Industrie

Why is Sumeet Industries Ltd falling/rising?

As of 12-Jun, Sumeet Industries Ltd's stock price is Rs 24.30, down 12.34%, significantly underperforming its sector. The stock has declined after three days of gains, trading below all key moving averages, and has dropped 20.56% year-to-date despite a prior substantial increase over the past year.

As of 12-Jun, Sumeet Industries Ltd is experiencing a decline in its stock price, currently at Rs 24.30, which reflects a change of -3.42 (-12.34%). The stock has underperformed significantly today, with a performance that is -14.78% lower than its sector. It opened with a loss of -15.66% and reached an intraday low of Rs 23.06, marking a decrease of -16.81%. <BR><BR>The stock has also shown a negative trend, having fallen after three consecutive days of gains. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Over the past week, the stock has dropped by -11.73%, while the benchmark Sensex has gained +1.73%, further highlighting its underperformance.<BR><BR>Despite a notable increase in investor participation, with delivery volume rising by 61.49% against the 5-day average, the overall market sentiment appears to be negative for Sumeet Industries Ltd. The stock's year-to-date performance shows a decline of -20.56%, contrasting sharply with its impressive one-year gain of +2415.53%. This suggests that while there have been significant gains in the past, recent trends indicate a troubling downturn for the company.

Which are the latest news on Sumeet Industrie?

How big is Sumeet Industrie?

As of 10th June, Sumeet Industries Ltd has a market capitalization of 1,387.00 Cr, with recent Net Sales of 1,050.41 Cr and a Net Profit of 32.01 Cr.

As of 10th June, Sumeet Industries Ltd has a market capitalization of 1,387.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Sumeet Industries reported Net Sales of 1,050.41 Cr and a Net Profit of 32.01 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 185.21 Cr and Total Assets of 428.48 Cr.

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 & Compliance Officer), and four Independent Directors: Manoj Kumar Ganeshmal Jain, Zeel Sureshkumar Modi, Vikash Kumar Kamalsingh Chandaliya, and Saurav Santosh Dugar.

The management team of Sumeet Industrie includes the following members:<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>If you need more specific information about any of these individuals or their roles, feel free to ask!

Who are the peers of the Sumeet Industrie?

Sumeet Industrie's peers include SP Apparels, Cantabil Retail, Aayush Art, and others, with varying management risks and growth rates. Notably, Sumeet Industrie has a below-average capital structure and an exceptional 1-year return of 2698.14%.

Peers: The peers of Sumeet Industrie are SP Apparels, Cantabil Retail, Aayush Art, SBC Exports, Sai Silks, Dollar Industrie, Pashupati Cotsp., Faze Three, AYM Syntex, and Indo Rama Synth.<BR><BR>Quality Snapshot: Excellent management risk is observed at SP Apparels and Aayush Art, while Average management risk is found at Cantabil Retail, SBC Exports, Sai Silks, Dollar Industrie, Faze Three, and AYM Syntex, and the rest. Below Average management risk is noted for Sumeet Industrie and Pashupati Cotsp. Growth is Excellent for Aayush Art and SBC Exports, while Good growth is seen at Sumeet Industrie and Average growth is found at Cantabil Retail, SP Apparels, Dollar Industrie, Faze Three, AYM Syntex, and the rest. Below Average growth is noted for Sai Silks and Pashupati Cotsp. Capital Structure is Good for SP Apparels, Aayush Art, Dollar Industrie, and Faze Three, while Average capital structure is found at Cantabil Retail, SBC Exports, and the rest. Below Average capital structure is observed for Sumeet Industrie, Pashupati Cotsp., Sai Silks, AYM Syntex, and Indo Rama Synth.<BR><BR>Return Snapshot: The peer with the highest 1-year return is SBC Exports at 149.25%, while the peer with the lowest is Dollar Industrie at -40.07%. Sumeet Industrie has an exceptionally high 1-year return of 2698.14%. Additionally, peers such as Sai Silks, Dollar Industrie, and AYM Syntex have negative six-month returns.

What does Sumeet Industrie do?

Sumeet Industries Ltd is a manufacturer and exporter of Polyester Chips, Polyester Filament Yarn, and Polypropylene Multifilament Yarn in the Garments & Apparels industry. As of March 2026, it reported net sales of 266 Cr and a net profit of 8 Cr, with a market cap of INR 1,387 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 segment.<BR><BR>History:<BR>Sumeet Industries Ltd was incorporated on August 1, 1988, as a private limited company and converted into a public limited company on February 1, 1992. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 266 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 8 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 1,387 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 46.00<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.58<BR>- Return on Equity: 15.02%<BR>- Price to Book: 6.58<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

Should I buy, sell or hold Sumeet Industries Ltd?

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.

When is the next results date for Sumeet Industries Ltd?

The next results date for Sumeet Industries Ltd is 29 May 2026.

The next results date for Sumeet Industries Ltd is scheduled for 29 May 2026.

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.