Suumaya Industries Ltd

Suumaya Industries Ltd

₹ 8.65 -1.70%
21 Feb - close price
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 54.3 Cr.
  • Current Price 8.65
  • High / Low 23.6 / 6.60
  • Stock P/E
  • Book Value 111
  • Dividend Yield 0.00 %
  • ROCE -31.7 %
  • ROE -47.2 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.08 times its book value
  • Company has a good return on equity (ROE) track record: 3 Years ROE 41.9%

Cons

  • Company has low interest coverage ratio.
  • Promoter holding is low: 23.8%
  • Contingent liabilities of Rs.61.0 Cr.
  • Company has high debtors of 697 days.
  • Promoter holding has decreased over last 3 years: -8.05%
  • Working capital days have increased from 249 days to 663 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

Consolidated Figures in Rs. Crores / View Standalone

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 3,011 6,852 3,154 1,007 1,802 333 162 141 27 9 25 1,114
746 2,745 6,509 2,796 916 1,278 320 175 199 518 87 156 1,279
Operating Profit 171 266 343 359 92 525 12 -12 -58 -490 -78 -131 -165
OPM % 19% 9% 5% 11% 9% 29% 4% -8% -41% -1,801% -853% -523% -15%
0 0 0 1 5 -279 1 1 71 21 7 -0 13
Interest 1 8 2 2 2 2 2 1 1 2 0 0 0
Depreciation 0 1 1 2 3 0 3 2 2 2 1 1 1
Profit before tax 170 258 341 355 92 243 9 -14 10 -473 -72 -133 -154
Tax % 31% -2% 10% 19% -4% 25% 22% -8% 94% 0% 1% 3% 0%
117 263 306 289 96 182 7 -15 1 -473 -71 -129 -153
EPS in Rs 24.35 46.89 54.46 51.52 17.11 32.42 1.13 -2.45 0.11 -77.44 -11.37 -20.54 -24.43
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
175 211 4,262 12,816 663 1,176
170 199 3,788 11,498 1,162 2,039
Operating Profit 5 12 474 1,318 -498 -864
OPM % 3% 5% 11% 10% -75% -73%
0 0 1 -273 94 41
Interest 0 0 10 8 55 4
Depreciation 0 0 1 6 8 6
Profit before tax 5 11 465 1,031 -468 -832
Tax % 28% 25% 13% 15% 0%
4 8 406 873 -468 -827
EPS in Rs 0.76 1.69 72.39 155.44 -76.55 -133.78
Dividend Payout % 7% 0% 2% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 47%
TTM: -52%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -311%
Stock Price CAGR
10 Years: %
5 Years: -11%
3 Years: -60%
1 Year: -62%
Return on Equity
10 Years: %
5 Years: %
3 Years: 42%
Last Year: -47%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 24 24 28 31 61 63
Reserves 7 15 457 1,339 851 633
12 22 65 386 356 347
32 37 3,811 370 1,106 1,348
Total Liabilities 75 97 4,362 2,126 2,374 2,391
2 4 15 52 36 33
CWIP 0 0 1 2 0 0
Investments 0 0 0 5 19 4
73 93 4,347 2,067 2,319 2,354
Total Assets 75 97 4,362 2,126 2,374 2,391

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-10 -7 31 -984 79
-1 -2 -21 -43 -29
13 9 74 1,027 -52
Net Cash Flow 2 -0 84 -0 -2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 100 114 316 26 697
Inventory Days 33 25 44 3 10
Days Payable 67 62 365 3 237
Cash Conversion Cycle 67 78 -4 26 471
Working Capital Days 73 86 37 48 663
ROCE % 22% 155% 113% -32%

Shareholding Pattern

Numbers in percentages

Sep 2016Mar 2017
26.62% 26.62%
73.38% 73.38%
No. of Shareholders 492481

Documents