Suumaya Indust.

Why is Suumaya Industries Ltd falling/rising?

As of 18-Jul, Suumaya Industries Ltd is facing a significant decline in its stock price, currently at Rs. 1.57, with a -36.69% return over the past year and -82.36% over three years. The company reported a net profit loss of -INR 16,918.4 million and has not traded for the last ten days, indicating weak fundamentals and a bearish trend.

As of 18-Jul, Suumaya Industries Ltd is experiencing a decline in its stock price. The current price is Rs. 1.57, with no change from the previous trading session. The stock has shown a significant drop over the past year, with a return of -36.69%, and a staggering -82.36% over the last three years. Additionally, the company has not declared any results in the last six months, indicating weak long-term fundamental strength.<BR><BR>Recent financial results have been particularly negative, with a net profit of -INR 16,918.4 million, reflecting a growth decline of -210.58%. Furthermore, net sales have fallen dramatically by -94.92%, and the operating profit has reached its lowest at -INR 8,538.5 million. This poor performance is compounded by the fact that the stock has not traded for the last ten days, contributing to its perception as a risky investment.<BR><BR>Moreover, the stock is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically indicates a bearish trend. The stock's liquidity is also concerning, as it is only liquid enough for a trade size of Rs 0 crore based on 2% of the 5-day average traded value. Overall, these factors collectively contribute to the stock's decline.

Which are the latest news on Suumaya Indust.?

What does Suumaya Indust. do?

Suumaya Industries Ltd operates in the Garments & Apparels industry as a Micro Cap company, with recent quarterly net sales of 16 Cr and a net profit of -862 Cr. The company has undergone several name changes since its incorporation in 2011 and reported a market cap of INR 10 Cr.

Overview:<BR>Suumaya Industries Ltd operates in the Garments & Apparels industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The company was originally incorporated as Richway Infrastructure Limited in 2011. It underwent several name changes, becoming Richway International Trade Limited in 2014, then Suumaya Lifestyle Limited in 2017, and finally Suumaya Industries Limited in 2020. The latest quarterly results reported net sales and net profit for June 2024.<BR><BR>Financial Snapshot:<BR>Net Sales: 16 Cr (Quarterly Results - Jun 2024) <BR>Net Profit: -862 Cr (Quarterly Results - Jun 2024) <BR>Market Cap: INR 10 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 26 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -1.16 <BR>Return on Equity: 118.86% <BR>Price to Book: -0.04 <BR><BR>Contact Details:<BR>Address: Gala No.5f/d, Malad Industrial Units, Coop Soc Ltd, Kachpada, Ramchandra Lane Extension, Malad (W), Mumbai Maharashtra: 400064 <BR>Tel: 022-49712096 <BR>Email: info@suumayalifestyle.com

How big is Suumaya Indust.?

As of 10th June, Suumaya Industries Ltd has a market capitalization of 10.00 Cr, categorizing it as a Micro Cap company, with recent net sales of 1204.00 Cr and a net loss of 1899.79 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Suumaya Industries Ltd has a market capitalization of 10.00 Cr, which categorizes it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1204.00 Cr, while the sum of Net Profit for the same period reflects a loss of 1899.79 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2023. Shareholder's Funds stand at 911.85 Cr, and Total Assets are valued at 2,373.07 Cr.

Who are in the management team of Suumaya Indust.?

The management team of Suumaya Industries includes Ushik Gala (Chairman & Managing Director), Sejal P Doshi, Deepak Jain, Som Sagar (Directors), and several Independent Directors: Satish Jayantilal Khimawat, Sharad Jain, Ishtiaq Ali, Archana Chariwawala, and Ashutosh Chandra, along with Meghal Mehta as Company Secretary. This team offers a diverse range of expertise and leadership.

The management team of Suumaya Industries includes the following individuals:<BR><BR>1. Ushik Gala - Chairman & Managing Director<BR>2. Sejal P Doshi - Director<BR>3. Deepak Jain - Director<BR>4. Som Sagar - Director<BR>5. Satish Jayantilal Khimawat - Independent Director<BR>6. Sharad Jain - Independent Director<BR>7. Ishtiaq Ali - Independent Director<BR>8. Archana Chariwawala - Additional Independent Director<BR>9. Ashutosh Chandra - Independent Director<BR>10. Meghal Mehta - Company Secretary<BR><BR>This diverse team brings a range of expertise and leadership to the company. If you need more specific information about any of the members or their roles, feel free to ask!

Who are the peers of the Suumaya Indust.?

Suumaya Indust.'s peers include Jindal Cotex Ltd, Samtex Fashion, and United Leasing, among others. Suumaya Indust. has average management risk, below average growth, and a significant decline in returns, with a 1-year return of -45.49%.

Peers: The peers of Suumaya Indust. are Jindal Cotex Ltd, Samtex Fashion, United Leasing, Kush Industries, Mish Designs, Shree Mfg. Co., Mid India Inds., Kizi Apparels, and Pasari Spinning.<BR><BR>Quality Snapshot: Excellent management risk is observed at United Leasing, while Average management risk is found at Suumaya Indust. and Kizi Apparels. Below Average management risk is noted for Jindal Cotex Ltd and Mish Designs, and the rest do not qualify. Growth is Below Average for Suumaya Indust., Jindal Cotex Ltd, and Mish Designs, while Average growth is seen at Kizi Apparels, and the rest do not qualify. Excellent capital structure is noted at Suumaya Indust. and United Leasing, Average capital structure is found at Mish Designs, and Below Average capital structure is observed at Jindal Cotex Ltd and Kizi Apparels, with the rest not qualifying.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Samtex Fashion at 0.00%, while Suumaya Indust. has the lowest at -45.49%, indicating a significant decline compared to its peers. Additionally, Suumaya Indust. has a negative six-month return of -1.26%.

Who are the top shareholders of the Suumaya Indust.?

The top shareholders of Suumaya Industries are Ushik Mahesh Gala with 14.4%, Bhavna Auto Pureinfra Private Limited with 8.6%, and individual investors holding a total of 52.99%. There are no institutional holdings from mutual funds or foreign investors.

The top shareholders of Suumaya Industries include Ushik Mahesh Gala, who holds the highest promoter stake at 14.4%. The highest public shareholder is Bhavna Auto Pureinfra Private Limited, with a holding of 8.6%. Additionally, individual investors collectively own 52.99% of the company. There are no institutional holdings from mutual funds or foreign institutional investors.

Is Suumaya Indust. overvalued or undervalued?

As of May 16, 2023, Suumaya Industries Ltd. is considered overvalued and risky due to severe operational inefficiencies, negative financial ratios, and a year-to-date return of -32.55%, significantly underperforming its peers and the Sensex.

As of 16 May 2023, the valuation grade for Suumaya Industries Ltd. has moved from very attractive to risky, indicating a significant deterioration in its financial standing. The company appears to be overvalued based on its current metrics, with a PE ratio of -0.02, an EV to EBITDA ratio of -0.36, and a ROCE of -426.42%. These figures suggest severe operational inefficiencies and negative returns on capital employed.<BR><BR>In comparison to its peers, Suumaya Industries Ltd. has a PE ratio of -0.0174 and an EV to EBITDA of -0.356, which are considerably worse than the industry averages. This stark contrast highlights the company's underperformance relative to its competitors. Additionally, the stock has shown a troubling trend, with a year-to-date return of -32.55%, significantly lagging behind the Sensex's gain of 6.26% in the same period. Overall, the combination of poor financial ratios and negative performance metrics leads to the conclusion that Suumaya Industries Ltd. is overvalued in the current market environment.

What is the technical trend for Suumaya Indust.?

As of April 15, 2025, Suumaya Industries is in a mildly bearish trend, with mixed signals from technical indicators showing short-term weakness and bearish momentum in the longer term.

As of 15 April 2025, the technical trend for Suumaya Indust. has changed from bearish to mildly bearish. The weekly MACD and KST are both mildly bullish, suggesting some positive momentum, while the monthly indicators for Bollinger Bands and KST are bearish, indicating a lack of strength in the longer term. The daily moving averages are mildly bearish, reflecting short-term weakness. The RSI shows no signal on both weekly and monthly time frames, indicating indecision. Overall, the current stance is mildly bearish, driven primarily by the mixed signals from the moving averages and the bearish monthly indicators.

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

Suumaya Indust. has experienced significant fluctuations in financial performance, with net sales increasing to Rs 1,187.70 crore in March 2024 from Rs 663.48 crore in March 2023, but facing a net loss of Rs 995.05 crore in March 2024, worsening from a loss of Rs 467.98 crore in the previous year. The company's operating profit remains negative, highlighting ongoing challenges despite some recovery in cash flow.

Answer:<BR>The historical performance of Suumaya Indust. shows significant fluctuations over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Suumaya Indust. reported net sales of Rs 1,187.70 crore in March 2024, a substantial increase from Rs 663.48 crore in March 2023, but a stark decline from Rs 12,816.24 crore in March 2022. The total operating income mirrored this trend, reaching Rs 1,187.70 crore in March 2024 compared to Rs 663.48 crore in the previous year. However, the company faced considerable challenges with total expenditure, which rose to Rs 1,247.33 crore in March 2024 from Rs 1,211.60 crore in March 2023, leading to an operating profit (PBDIT) of -Rs 35.13 crore in March 2024, an improvement from -Rs 454.18 crore in March 2023 but a sharp decline from Rs 1,324.36 crore in March 2022. The net profit also reflected these struggles, showing a loss of Rs 995.05 crore in March 2024, worsening from a loss of Rs 467.98 crore in March 2023 and a profit of Rs 872.56 crore in March 2022. The company's total assets increased to Rs 2,373.07 crore in March 2023, up from Rs 2,125.94 crore in March 2022, while total liabilities also rose to Rs 2,373.07 crore in March 2023. Cash flow from operating activities was positive at Rs 79 crore in March 2023, a recovery from -Rs 984 crore in March 2022, but the net cash outflow was -Rs 2 crore in March 2023. Overall, the financial performance of Suumaya Indust. has been marked by volatility, with significant revenue peaks and troughs alongside fluctuating profitability and cash flow dynamics.

When is the next results date for Suumaya Indust.?

No Upcoming Board Meetings

What is the bonus history of the Suumaya Indust.?

Suumaya Industries Ltd issued a 1:1 bonus on March 30, 2022, with a record date of April 1, 2022, granting shareholders one additional share for each share held.

Suumaya Industries Ltd has a bonus history that includes a 1:1 bonus issue announced with an ex-date of March 30, 2022. The record date for this bonus was April 1, 2022. This means that shareholders on record as of that date received one additional share for every share they held.

Has Suumaya Indust. declared dividend?

Suumaya Industries Ltd has declared a 27% dividend, amounting to ₹2.7 per share, with an ex-date of September 28, 2021. However, the company has experienced significantly negative total returns across various periods, and the dividend yield remains at 0%.

Suumaya Industries Ltd has declared a 27% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 27%<BR>- Amount per share: 2.7<BR>- Ex-date: 28 Sep 21<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -31.25%, the dividend return was 0%, resulting in a total return of -31.25%.<BR><BR>For the 1-year period, the price return was -56.0%, the dividend return was 0%, leading to a total return of -56.0%.<BR><BR>Over the 2-year period, the price return was -72.37%, the dividend return was 0%, culminating in a total return of -72.37%.<BR><BR>In the 3-year period, the price return was -96.61%, the dividend return was 0%, resulting in a total return of -96.61%.<BR><BR>For the 4-year period, the price return was -98.65%, the dividend return was 1.34%, leading to a total return of -97.31%.<BR><BR>In the 5-year period, the price return was -84.47%, the dividend return was 24.95%, culminating in a total return of -59.52%.<BR><BR>Overall, while Suumaya Industries Ltd declared a dividend, the total returns over various periods have been significantly negative, indicating a challenging performance for the company. The dividend yield remains at 0%, suggesting that investors have not benefited from dividends in recent times.

Should I buy, sell or hold Suumaya Indust.?