Suumaya Industries Ltd
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.
- Market Cap ₹ 38.9 Cr.
- Current Price ₹ 5.78
- High / Low ₹ 11.0 / 5.34
- Stock P/E
- Book Value ₹ -41.2
- Dividend Yield 0.00 %
- ROCE -100 %
- ROE -288 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -3.38%
- Promoter holding is low: 20.4%
- Company has a low return on equity of -14.4% over last 3 years.
- Contingent liabilities of Rs.61.0 Cr.
- Company might be capitalizing the interest cost
- Company has high debtors of 235 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 175 | 211 | 4,262 | 12,816 | 663 | 1,233 | |
| 170 | 199 | 3,788 | 11,498 | 1,162 | 1,915 | |
| Operating Profit | 5 | 12 | 474 | 1,318 | -498 | -682 |
| OPM % | 3% | 5% | 11% | 10% | -75% | -55% |
| 0 | 0 | 1 | -273 | 94 | -306 | |
| Interest | 0 | 0 | 10 | 8 | 55 | 3 |
| Depreciation | 0 | 0 | 1 | 6 | 8 | 5 |
| Profit before tax | 5 | 11 | 465 | 1,031 | -468 | -996 |
| Tax % | 28% | 25% | 13% | 15% | 0% | 19% |
| 4 | 8 | 406 | 873 | -468 | -1,183 | |
| EPS in Rs | 0.76 | 1.69 | 72.39 | 148.81 | -76.55 | -175.66 |
| Dividend Payout % | 7% | 0% | 2% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 48% |
| 3 Years: | -34% |
| TTM: | 86% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -70% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -10% |
| 3 Years: | -72% |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | -14% |
| Last Year: | -288% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 24 | 24 | 28 | 31 | 61 | 67 |
| Reserves | 7 | 15 | 457 | 1,339 | 851 | -345 |
| 12 | 22 | 65 | 386 | 356 | 329 | |
| 32 | 37 | 3,811 | 370 | 1,106 | 1,651 | |
| Total Liabilities | 75 | 97 | 4,362 | 2,126 | 2,374 | 1,703 |
| 2 | 4 | 15 | 52 | 36 | 30 | |
| CWIP | 0 | 0 | 1 | 2 | 0 | 0 |
| Investments | 0 | 0 | 0 | 5 | 19 | 5 |
| 73 | 93 | 4,347 | 2,067 | 2,319 | 1,667 | |
| Total Assets | 75 | 97 | 4,362 | 2,126 | 2,374 | 1,703 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| -10 | -7 | 31 | -984 | 79 | 4 | |
| -1 | -2 | -21 | -43 | -29 | 3 | |
| 13 | 9 | 74 | 1,027 | -52 | -9 | |
| Net Cash Flow | 2 | -0 | 84 | -0 | -2 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 100 | 114 | 316 | 26 | 697 | 235 |
| Inventory Days | 33 | 25 | 44 | 3 | 10 | 1 |
| Days Payable | 67 | 62 | 365 | 3 | 237 | 25 |
| Cash Conversion Cycle | 67 | 78 | -4 | 26 | 471 | 210 |
| Working Capital Days | 73 | 86 | 37 | 48 | 663 | 5 |
| ROCE % | 22% | 155% | 113% | -32% | -100% |
Documents
Announcements
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Outcome of Board Meeting
15 October 2020 - Suumaya Lifestyle Limited has informed regarding Board meeting held on October 15, 2020.
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Updates
7 October 2020 - Suumaya Lifestyle Limited has informed regarding 'In-principle approval dated October 6, 2020 for Migration of trading in the equity shares of Suumaya Lifestyle Ltd from …
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Updates
1 October 2020 - Suumaya Lifestyle Limited has informed regarding 'Incorporation of wholly owned subsidiaries'.
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Change in Auditors
1 October 2020 - Suumaya Lifestyle Limited has informed regarding appointment of M/s. Naik Mehta & Co. as a Statutory Auditors of the company.
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Appointment
1 October 2020 - Suumaya Lifestyle Limited has informed regarding Appointment of Ms Ishita Gala as Executive Managing Director of the company w.e.f. September 29, 2020.
Annual reports
Concalls
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Nov 2020TranscriptNotesPPT
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]