Suumaya Industries Ltd

Suumaya Industries Ltd

₹ 9.05 0.00%
22 Apr 11:54 a.m.
About

Established in the year 2011 by founder Mr Mahesh Gala, Suumaya Industries Limited (Formerly known as Suumaya Lifestyle Limited) is a highly creative brand for exquisite fashion and brings you the world’s finest collection of Indo-Western Designer Kurtis.

Key Points

Business Overview[1]
Initially the Company was engaged in real-estate business and was listed into ITP segment. After few years, they started dealing in cotton and other fabrics used in manufacturing of women apparels. They are now involved in the business of manufacturing and trading of dress materials, suits, kurtis and other allied goods made from cotton, denim, silk, woolen, leather etc.

The company was only in trading business till 2017 and post- acquisition of partnership firm the company has started manufacturing activity also. Suumaya Industries sells through retail as well as wholesale by following the Omni-Channel Sales strategy.
The promoters have opened 2 exclusive brand outlets (EBOs) in Dubai, by entering in to a master franchisee agreement. They have also opened 7 EBOs by March 2020 [2]

  • Market Cap 56.8 Cr.
  • Current Price 9.05
  • High / Low 14.2 / 6.60
  • Stock P/E
  • Book Value 93.6
  • Dividend Yield 0.00 %
  • ROCE -21.9 %
  • ROE -38.7 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.10 times its book value

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -1.62%
  • The company has delivered a poor sales growth of -44.0% over past five years.
  • Promoter holding is low: 22.1%
  • Contingent liabilities of Rs.63.0 Cr.
  • Company has high debtors of 625 days.
  • Company's cost of borrowing seems high
  • Working capital days have increased from 4,251 days to 12,613 days

* 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: Trading Industry: Trading

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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
917 1,197 2,866 1,436 1,169 23 4 3 8 13 9 16 1,114
746 981 2,699 1,186 1,094 25 4 6 65 118 35 144 1,213
Operating Profit 171 217 168 250 75 -2 -0 -3 -57 -105 -27 -128 -99
OPM % 19% 18% 6% 17% 6% -9% -2% -107% -723% -822% -306% -805% -9%
0 0 1 1 3 -279 0 1 1 11 6 1 12
Interest 1 8 2 2 2 2 1 1 1 1 0 0 0
Depreciation 0 0 0 1 3 0 2 2 1 0 1 1 1
Profit before tax 170 209 167 248 73 -283 -3 -4 -58 -95 -22 -129 -89
Tax % 31% -2% 16% 23% -3% 0% 0% -8% 0% 0% 1% 0% 0%
117 214 140 192 75 -283 -3 -5 -58 -95 -22 -129 -89
EPS in Rs 24.36 38.23 25.00 34.21 13.38 -50.41 -0.44 -0.78 -9.44 -15.51 -3.51 -20.51 -14.21
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
0 0 15 37 91 212 377 175 211 2,449 155 21 1,152
0 0 15 37 90 211 375 170 199 2,023 173 136 1,511
Operating Profit 0 -0 0 0 0 1 2 5 12 426 -18 -116 -360
OPM % 1% 0% 1% 0% 1% 3% 5% 17% -11% -554% -31%
0 0 0 0 0 0 0 0 0 1 -274 14 30
Interest 0 0 0 0 0 0 0 0 0 10 3 52 2
Depreciation 0 0 0 0 0 0 0 0 0 1 1 1 4
Profit before tax 0 -0 0 0 0 1 2 5 11 416 -296 -155 -335
Tax % 0% 29% 69% 30% 38% 31% 28% 25% 14% 0% 0%
0 -0 0 0 0 0 1 4 8 358 -296 -155 -335
EPS in Rs 0.00 -0.04 0.03 0.01 0.07 0.10 0.33 0.76 1.69 63.78 -52.76 -25.32 -53.74
Dividend Payout % 0% 0% 0% 0% 0% 0% 7% 0% 2% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -44%
3 Years: -54%
TTM: 2956%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -387%
Stock Price CAGR
10 Years: %
5 Years: -9%
3 Years: -55%
1 Year: -34%
Return on Equity
10 Years: 19%
5 Years: 21%
3 Years: 21%
Last Year: -39%

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 0 1 22 22 22 22 22 24 24 28 31 61 63
Reserves 0 10 -0 0 1 1 3 7 15 409 36 673 525
0 0 0 0 0 0 1 12 22 67 66 70 85
-0 0 0 8 4 10 26 32 37 1,800 297 438 594
Total Liabilities 1 12 22 31 27 33 52 75 97 2,305 429 1,242 1,266
0 0 0 0 0 0 1 2 4 12 49 36 33
CWIP 0 0 0 0 0 0 0 0 0 1 2 0 0
Investments 0 12 0 0 0 0 0 0 0 7 42 42 914
0 0 22 31 27 33 51 73 93 2,285 336 1,164 320
Total Assets 1 12 22 31 27 33 52 75 97 2,305 429 1,242 1,266

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
0 -19 -1 -3 0 2 -10 -7 -10 5 26
-11 11 -0 0 0 -1 -1 -2 -23 -68 -11
11 10 1 0 0 2 13 9 80 13 -15
Net Cash Flow 0 3 0 -3 0 3 2 -0 47 -50 -0

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 203 100 64 40 27 100 114 303 136 625
Inventory Days 113 127 25 7 5 33 25 16 13 284
Days Payable 0 82 14 16 25 67 62 314 115 1,109
Cash Conversion Cycle 316 144 75 31 7 67 78 5 34 -199
Working Capital Days 443 191 93 40 21 73 86 63 77 12,613
ROCE % -0% 1% 1% 2% 3% 9% 15% 22% 151% -4% -22%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
41.68% 41.68% 41.68% 46.45% 30.24% 38.50% 24.32% 24.39% 23.76% 23.76% 23.76% 20.38%
0.00% 0.00% 0.00% 0.00% 0.00% 0.33% 0.33% 0.33% 0.32% 0.01% 0.00% 0.00%
0.50% 1.12% 1.24% 1.14% 0.97% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
57.82% 57.21% 57.08% 52.41% 68.78% 61.17% 75.35% 75.28% 75.92% 76.23% 76.24% 79.62%
No. of Shareholders 2,1226,38613,49317,25421,90424,02434,26034,71034,59533,51032,72432,575

* 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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