Suumaya Corp.

How has been the historical performance of the Suumaya Corp.?

Suumaya Corp. has experienced significant financial decline, with net sales plummeting from Rs 3,362.94 crore in March 2022 to Rs 2.46 crore in March 2024, resulting in an operating loss of -Rs 478.57 crore and a net loss of -Rs 485.35 crore. Total assets also decreased from Rs 762.24 crore to Rs 606.27 crore during the same period.

Answer:<BR>The historical performance of Suumaya Corp. shows significant fluctuations in its financial metrics over the years, with a notable decline in recent periods.<BR><BR>Breakdown:<BR>Suumaya Corp. experienced a dramatic decrease in net sales, dropping from Rs 3,362.94 crore in March 2022 to just Rs 2.46 crore in March 2024. Total operating income followed a similar trend, falling from Rs 3,362.94 crore in March 2022 to Rs 2.46 crore in March 2024. The company's total expenditure, excluding depreciation, surged to Rs 481.32 crore in March 2024, compared to Rs 78.44 crore in March 2023 and Rs 3,359.77 crore in March 2022. This led to an operating profit (PBDIT) of -Rs 478.57 crore in March 2024, a stark contrast to the positive Rs 4.24 crore in March 2022. The net profit also reflected this downturn, with losses escalating to -Rs 485.35 crore in March 2024 from -Rs 37.91 crore in March 2023 and a profit of Rs 0.29 crore in March 2022. The company's total assets decreased from Rs 762.24 crore in March 2022 to Rs 606.27 crore in March 2024, while total liabilities also declined from Rs 666.44 crore to Rs 606.27 crore in the same period. Cash flow from operating activities remained stagnant at Rs 0.00 in March 2024, indicating a challenging financial environment for the company.

how big is Suumaya Corp.?

As of Jun 04, Suumaya Corporation Ltd has a market capitalization of 8.00 Cr, classifying it as a Micro Cap company, with recent net sales of 2340.45 Cr and a net profit of 62.82 Cr for the quarter ending June 2021. The latest balance sheet shows shareholder's funds of -390.27 Cr and total assets of 606.27 Cr.

Market Cap: As of Jun 04, Suumaya Corporation Ltd has a market capitalization of 8.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest quarter ending in June 2021, Suumaya Corporation Ltd reported Net Sales of 2340.45 Cr and a Net Profit of 62.82 Cr. This data is presented on a Standalone basis.<BR><BR>Balance Sheet Snapshot: The Standalone balance sheet for the latest annual period ending in March 2024 shows Shareholder's Funds of -390.27 Cr and Total Assets of 606.27 Cr.

What does Suumaya Corp. do?

Suumaya Corporation Ltd operates in the Garments & Apparels industry and was incorporated in 2009, originally as Rangoli Tradecomm Private Limited. As of June 2021, it reported net sales of 2,340 Cr and a net profit of 63 Cr, with a market cap of Rs 8 Cr.

Overview: <BR>Suumaya Corporation Ltd operates in the Garments & Apparels industry and is categorized as a Micro Cap company.<BR><BR>History: <BR>Suumaya Corporation Ltd was originally incorporated in 2009 as "Rangoli Tradecomm Private Limited" in Kolkata, West Bengal. The company later converted to a Public Limited status and changed its name to Rangoli Tradecomm Limited on November 09, 2020. The most recent quarterly results reported net sales and profit for June 2021.<BR><BR>Financial Snapshot: <BR>Net Sales: 2,340 Cr (Quarterly Results - Jun 2021) <BR>Net Profit: 63 Cr (Quarterly Results - Jun 2021) <BR>Market Cap: Rs 8 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: N/A <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.01 <BR>Return on Equity: 122.77% <BR>Price to Book: -0.02<BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

When is the next results date for Suumaya Corp.?

No Upcoming Board Meetings

What is the bonus history of the Suumaya Corp.?

Suumaya Corp. announced a 2:1 bonus issue on November 17, 2021, with a record date of November 19, 2021, allowing shareholders to double their holdings by receiving an additional share for each share held.

Suumaya Corp. has a bonus history that includes a notable event where they announced a 2:1 bonus issue. This bonus was declared with an ex-date of November 17, 2021, and the record date was November 19, 2021. This means that for every share held, shareholders received an additional share, effectively doubling their holdings at that time. If you have any more questions about the company or its financial activities, feel free to ask!

Has Suumaya Corp. declared dividend?

Yes, Suumaya Corporation Ltd has declared a 40% dividend, amounting to 4 per share. However, the company has experienced significant declines in total returns across various periods, with a total return of -91.86% over three years.

Suumaya Corporation Ltd has declared a 40% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 40%<BR>- Amount per share: 4<BR>- Ex-date: 24 Sep 21<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -14.85%, the dividend return was 0%, resulting in a total return of -14.85%.<BR><BR>For the 1-year period, the price return was -31.7%, the dividend return was 0%, leading to a total return of -31.7%.<BR><BR>Over the 2-year period, the price return was -67.87%, with a dividend return of 0%, culminating in a total return of -67.87%.<BR><BR>In the 3-year period, the price return was -91.86%, the dividend return remained at 0%, resulting in a total return of -91.86%.<BR><BR>For the 4-year period, the price return was -99.49%, with a dividend return of 0.60%, leading to a total return of -98.89%.<BR><BR>In the 5-year period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>Overall, while Suumaya Corporation Ltd declared a dividend, the total returns over various periods indicate significant declines, particularly in the longer terms, suggesting a challenging financial performance despite the dividend declaration.

Is Suumaya Corp. overvalued or undervalued?

As of April 25, 2023, Suumaya Corp. is rated "risky" and considered overvalued due to negative financial ratios and poor stock performance, significantly lagging behind its peers and the Sensex.

As of 25 April 2023, Suumaya Corp. has moved from a valuation grade of "does not qualify" to "risky." The company is currently considered overvalued based on its financial ratios, which include a PE Ratio of -0.02, an EV to EBIT of -0.03, and an EV to Sales of 5.39. These negative ratios indicate significant financial distress, particularly in terms of profitability and capital efficiency.<BR><BR>In comparison to its peers, Suumaya Corp. stands out unfavorably against companies like MMTC Ltd., which has a PE Ratio of 119.39, and PTC India Ltd., which is rated "very attractive" with a PE Ratio of 9.02. The stark contrast in valuation metrics highlights the challenges Suumaya Corp. faces within the garments and apparel industry. Additionally, the company's stock performance has lagged significantly behind the Sensex, with a 1-year return of -34.49% compared to the Sensex's 7.57%, reinforcing the notion that the stock is overvalued in its current state.

What is the technical trend for Suumaya Corp.?

As of May 3, 2025, Suumaya Corp. shows a mildly bearish trend, with mixed signals from indicators like the weekly MACD being mildly bullish and the monthly MACD bearish, while the weekly RSI and daily moving averages suggest downward momentum.

As of 3 May 2025, the technical trend for Suumaya Corp. has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD remains bearish, indicating mixed signals. The weekly RSI is bearish, suggesting downward momentum, and the daily moving averages are mildly bearish, reinforcing the short-term negative outlook. The Bollinger Bands show a mildly bullish stance on the weekly chart but are bearish on the monthly. The KST is bullish on the weekly and mildly bullish on the monthly, which adds some positive sentiment. Overall, the current stance is mildly bearish, with key indicators such as the daily moving averages and weekly RSI driving this view.

Who are the peers of the Suumaya Corp.?

Suumaya Corp.'s peers include Peeti Securities, Nutech Global, Suncity Synth., Raconteur Global, Amit Internation, Aananda Lakshmi, Mafia Trends, and Gravity (India). In terms of management risk, Suumaya Corp. has an average rating, with a 1-year return of -35.42%, better than Suncity Synth. but worse than Nutech Global's 34.95%.

Peers: The peers of Suumaya Corp. are Peeti Securities, Nutech Global, Suncity Synth., Raconteur Global, Amit Internation, Aananda Lakshmi, Mafia Trends, and Gravity (India).<BR><BR>Quality Snapshot: Below Average management risk is observed at Peeti Securities, Nutech Global, Suncity Synth., and Gravity (India), while Average management risk is found at Suumaya Corp. and Mafia Trends. Raconteur Global, Amit Internation, and Aananda Lakshmi do not qualify for management risk assessment. Growth is below average for Peeti Securities, Nutech Global, Suncity Synth., Suumaya Corp., Mafia Trends, and Gravity (India), while Raconteur Global, Amit Internation, Aananda Lakshmi, and the rest do not qualify. Capital structure is good for Peeti Securities, average for Mafia Trends, and below average for Suumaya Corp., Nutech Global, Suncity Synth., Gravity (India), and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Nutech Global at 34.95%, while Suncity Synth. has the lowest at -61.90%. Suumaya Corp.'s 1-year return is -35.42%, which is better than Suncity Synth. but worse than Nutech Global. Additionally, the six-month return is negative for Suncity Synth., Mafia Trends, and Suumaya Corp.

Who are in the management team of Suumaya Corp.?

As of January 2021, the management team of Suumaya Corp. includes Ushik Gala as Chairman & Managing Director, along with several non-executive and independent directors, and company secretaries. The team features a diverse mix of roles to oversee the company's operations.

As of January 2021, the management team of Suumaya Corp. includes the following members:<BR><BR>1. Ushik Gala - Chairman & Managing Director<BR>2. Ishita Gala - Non-Executive & Non-Independent Director<BR>3. Sumit Pal Singh - Non-Executive & Non-Independent Director<BR>4. Sejal P Doshi - Non-Executive & Non-Independent Director<BR>5. Sharad Jain - Non-Executive & Non-Independent Director<BR>6. Satish Jayantilal Khimawat - Independent Director<BR>7. Sushmita Agarwal - Independent Director<BR>8. Ankit Gala - Independent Director<BR>9. Bharat Gangani - Company Secretary<BR>10. Shruti Chaudhary - Additional Director<BR>11. Shweta Sarvaiya - Company Secretary<BR>12. Kartik Sharma - Company Secretary & Compliance Officer<BR><BR>This team comprises a mix of executive, non-executive, and independent directors, along with company secretaries and an additional director.

Who are the top shareholders of the Suumaya Corp.?

The top shareholders of Suumaya Corp. are Sumit Pal Singh, the promoter with 8.36%, and public shareholder Jayaseelan Singaravelu with 4.32%. Individual investors hold 78.65% of the shares, with no institutional or mutual fund holdings reported.

The top shareholders of Suumaya Corp. include Sumit Pal Singh, who is the promoter with the highest holding at 8.36%. The highest public shareholder is Jayaseelan Singaravelu, holding 4.32%. Additionally, individual investors collectively hold a significant portion, accounting for 78.65% of the shares. There are no institutional holdings reported, and no mutual funds or foreign institutional investors are involved with the company.

Why is Suumaya Corporation Ltd falling/rising?

As of 16-Mar, Suumaya Corporation Ltd's stock price is Rs. 1.07, down 1.83%, with a year-to-date decline of 23.02%. The stock has reached a 52-week low of Rs. 1.04 and shows persistent weakness, trading below all major moving averages despite a slight increase in investor participation.

As of 16-Mar, Suumaya Corporation Ltd's stock price is falling, currently at Rs. 1.07, which reflects a decrease of Rs. 0.02 or 1.83%. The stock has underperformed significantly over various time frames, with a year-to-date decline of 23.02% compared to a 11.40% drop in the benchmark Sensex. Over the past year, the stock has plummeted by 53.68%, while the Sensex has increased by 2.27%. <BR><BR>Today, the stock hit a new 52-week low of Rs. 1.04, indicating a continued downward trend. Additionally, the stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a persistent weakness in its price performance. Although there has been a slight increase in investor participation, with a delivery volume rise of 12.21% against the 5-day average, this has not been sufficient to counteract the overall negative sentiment surrounding the stock. Furthermore, the stock's erratic trading pattern, having not traded on 4 out of the last 20 days, adds to the uncertainty and contributes to its declining price.

Which are the latest news on Suumaya Corp.?