Sumeet Industries Ltd

Sumeet Industrie Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Sumeet Industries Ltd

₹ 2.00 -4.76%
19 Apr - close price
sumeetindustries.com BSE: 514211 NSE - BE : SUMEETINDS
About

Incorporated in 1988, Sumeet Industries Ltd is a manufacturer and exporter of Polyester Yarns, Polyester Chips and Texturizing Yarn

Key Points

Product Profile:
a) Pet Chips[1]
b) Partially Oriented Yarn[2]
c) Fully Draw Yarn[3]
d) Polyester Texturized Yarn (PTY)[4]

Website BSE NSE - BE
  • Market Cap ₹ 20.7 Cr.
  • Current Price ₹ 2.00
  • High / Low ₹ 5.30 / 1.99
  • Stock P/E
  • Book Value ₹ -6.51
  • Dividend Yield 0.00 %
  • ROCE -12.5 %
  • ROE %
  • Face Value ₹ 10.0
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Pros

  • Debtor days have improved from 51.9 to 37.0 days.
  • Company's working capital requirements have reduced from 130 days to 69.7 days

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -0.27% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Textiles Industry: Textiles - Manmade

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
182 232 183 223 204 283 296 236 265 237 245 242 227
169 214 170 207 197 286 288 261 287 236 255 255 238
Operating Profit 13 17 14 16 8 -3 7 -26 -22 1 -10 -13 -11
OPM % 7% 8% 8% 7% 4% -1% 3% -11% -8% 0% -4% -5% -5%
1 2 0 1 17 3 0 0 0 10 0 0 0
Interest 0 2 6 7 7 6 6 1 0 0 0 -0 0
Depreciation 9 9 8 8 8 8 7 7 7 7 6 6 6
Profit before tax 6 7 0 2 9 -14 -5 -33 -29 4 -16 -19 -17
Tax % -0% -69% -0% -0% -0% 42% -0% -0% 13% -32% -0% -0% -0%
6 12 0 2 9 -8 -5 -33 -25 5 -16 -19 -17
EPS in Rs 0.54 1.18 0.01 0.18 0.86 -0.76 -0.51 -3.22 -2.42 0.49 -1.52 -1.83 -1.60
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
824 1,158 1,108 931 1,052 1,198 1,047 832 707 572 894 1,033 951
761 1,076 1,010 857 967 1,082 962 792 676 545 859 1,073 984
Operating Profit 64 82 98 74 86 116 85 41 31 27 34 -39 -33
OPM % 8% 7% 9% 8% 8% 10% 8% 5% 4% 5% 4% -4% -3%
-5 -11 -16 6 6 7 9 -56 -2 0 21 10 10
Interest 11 22 31 35 43 48 49 62 41 3 27 7 0
Depreciation 12 20 25 20 20 20 53 47 40 36 31 27 25
Profit before tax 35 29 27 25 28 55 -7 -124 -53 -12 -3 -64 -47
Tax % 32% 34% 34% 26% 41% 33% 53% 6% 12% 41% 211% 8%
24 19 18 18 17 37 -3 -117 -47 -7 3 -59 -46
EPS in Rs 2.32 1.84 1.70 1.78 1.63 3.55 -0.31 -11.25 -4.49 -0.68 0.29 -5.67 -4.46
Dividend Payout % 10% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: -1%
5 Years: 0%
3 Years: 13%
TTM: -12%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -18%
TTM: 36%
Stock Price CAGR
10 Years: -15%
5 Years: -13%
3 Years: -28%
1 Year: -38%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 58 58 58 58 58 58 83 104 104 104 104 104 104
Reserves 118 134 143 161 183 224 257 -29 -75 -82 -78 -136 -171
Preference Capital 10 10 20 20 30 -0 30 30 30 30 30 30
383 404 475 442 461 474 394 491 509 503 462 395 418
67 185 186 224 234 171 218 189 146 127 136 120 114
Total Liabilities 626 782 862 885 937 927 951 754 683 652 624 482 464
191 384 401 426 410 402 359 310 276 242 212 185 173
CWIP 173 10 31 -0 4 0 1 -0 -0 -0 -0 -0 -0
Investments 1 1 16 25 26 30 32 34 26 22 23 23 23
262 387 415 434 496 495 558 410 381 388 390 274 268
Total Assets 626 782 862 885 937 927 951 754 683 652 624 482 464

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-30 45 2 63 11 58 4 -77 90 21 63 78
-170 -47 -75 -21 -17 -3 -7 5 -0 2 -0 -1
196 21 72 -34 6 -51 -2 51 -100 -23 -63 -73
Net Cash Flow -4 18 -1 8 1 5 -4 -21 -11 0 -1 4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 30 37 40 56 61 47 72 38 37 69 49 37
Inventory Days 68 70 79 97 79 83 104 97 116 145 86 43
Days Payable 11 47 39 64 45 24 38 43 35 39 32 19
Cash Conversion Cycle 87 59 80 89 95 107 138 92 118 175 104 61
Working Capital Days 97 68 84 97 110 86 120 99 81 197 122 70
ROCE % 10% 9% 9% 9% 10% 14% 6% -0% -1% -1% 4% -12%

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
21.67% 21.67% 21.67% 21.67% 21.67% 21.67% 21.67% 21.67% 21.67% 21.67% 21.07% 0.00%
0.00% 0.00% 0.00% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
78.33% 78.33% 78.33% 78.30% 78.33% 78.34% 78.33% 78.33% 78.33% 78.33% 78.92% 99.99%
No. of Shareholders 38,82239,15439,58642,07942,74043,40743,40943,32743,39742,56141,85341,768

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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