Sumeet Industries Limited (SUMEETINDS)
ISIN: - Industry: Textile Manufacturing Sector: Consumer Cyclical Website
6.65
-0.3(-4.32%)

Sumeet Industries Limited manufactures and sells yarns in India. The company provides polyester and textile grade chips, as well as partially oriented, fully draw, texturized, micro filament, carpet, bright, and dope dyed black yarns. It also exports its products to Egypt, Tunisia, Saudi Arabia, China, Argentina, Poland, Portugal, Morocco, Columbia, Bangladesh, Russia, Ethiopia, Mexico, Nepal, Brazil, Peru, Algeria, Thailand, the United States, Singapore, Turkey, Kenya, etc. The company was formerly known as Sumeet Synthetics Limited and changed its name to Sumeet Industries Limited in 1996. Sumeet Industries Limited was incorporated in 1988 and is based in Surat, India.

Pricing Updates

TODAY'S HIGH

7.05

TODAY'S LOW

6.65

52 WEEK HIGH

14.45

52 WEEK LOW

5.95

Major Holders

% of Shares Held by
All Insider

23.92%

% of Shares Held by
Institutions

0.00%

% of Float Held by
Institutions

0.00%

Number of Institutions
Holding Shares

0

Company Overview

MARKET CAP

69.31 Cr.

ETERPRISE VALUE

592.15 Cr.

NO. OF SHARES

10.36 Cr.

BOOK VALUE

-8.919

DIV. YIELD

0.296226%

DEBT

551.30 Cr.

GROSS PROFIT

231.80 Cr.

CASH

30.63 Lakhs

REVENUE

893.50 Cr.

REVENUE/SHARE

150.862

OHLC Chart 1y 2y 5y 10y

Price Chart

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Volumes Chart

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Cashflows

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Investments-3.27 Lakhs1.09 Cr.3.15 Cr.-1.14 Cr.
Change To Liabilities13.55 Cr.-99.90 Cr.69.48 Cr.-9.31 Cr.
Total cashflows from Investing Activities53.26 Lakhs1.11 Cr.-26.78 Lakhs4.92 Cr.
Net Borrowings-39.05 Cr.-19.50 Cr.-56.88 Cr.98.11 Cr.
Total Cash from Financing Activities-61.58 Cr.-24.40 Cr.-95.05 Cr.51.03 Cr.
Other Liabilities1.61 Cr.11.16 Cr.77.52 Cr.-54.31 Cr.
Total Assets0000
Net Income2.91 Cr.-7.11 Cr.-139.47 Cr.-116.90 Cr.
Change in Cash-52.73 Lakhs31.90 Lakhs-10.66 Cr.-21.29 Cr.
Effect of Exchange Rate0000
Total Cash from Operating Activities60.52 Cr.23.60 Cr.84.65 Cr.-77.26 Cr.
Depreciation31.40 Cr.35.79 Cr.40.22 Cr.46.59 Cr.
Other Cashflows from Investing Activities1.74 Cr.31.29 Lakhs-3.16 Cr.3.02 Cr.
Dividends Paid0000
Change to Inventory7.76 Cr.6.73 Cr.-46.71 Lakhs58.77 Cr.
Change to Account Receivables-12.41 Cr.71.29 Cr.2.12 Cr.-40.79 Cr.
Other Cashflows from Financing Activities-22.52 Cr.-4.89 Cr.-38.17 Cr.-47.07 Cr.
Change to Net Income15.68 Cr.5.63 Cr.35.22 Cr.38.70 Cr.
Capital Expenditures-1.21 Cr.-30.09 Lakhs-26.02 Lakhs-26.02 Lakhs

Financials

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Research DevelopmentNoneNoneNoneNone
Effect of Accounting ChargesNoneNoneNoneNone
Income Before Tax-2.79 Cr.-12.09 Cr.-146.02 Cr.-124.30 Cr.
Minority InterestNoneNoneNoneNone
Net Income2.87 Cr.-10.65 Cr.-108.45 Cr.-6.67 Cr.
Selling General Administrative24.42 Cr.18.77 Cr.22.09 Cr.36.84 Cr.
Gross Profit231.80 Cr.58.18 Cr.62.26 Cr.76.30 Cr.
Ebit2.87 Cr.-10.65 Cr.-108.45 Cr.-6.67 Cr.
Operating Income2.87 Cr.-10.65 Cr.-108.45 Cr.-6.67 Cr.
Other Operating Expenses173.09 Cr.14.26 Cr.108.39 Cr.-53.19 Lakhs
Interest Expense-26.54 Cr.-3.10 Cr.-37.79 Cr.-47.86 Cr.
Extraordinary ItemsNoneNoneNoneNone
Non RecurringNoneNoneNoneNone
Other ItemsNoneNoneNoneNone
Income Tax Expense-5.70 Cr.-4.98 Cr.-6.55 Cr.-7.39 Cr.
Total Revenue893.50 Cr.573.86 Cr.706.94 Cr.866.84 Cr.
Total Operating Expenses890.62 Cr.584.51 Cr.815.40 Cr.873.51 Cr.
Cost of Revenue661.69 Cr.515.68 Cr.644.67 Cr.790.53 Cr.
Total Other Income Expense Net-5.67 Cr.-1.44 Cr.-37.57 Cr.-117.63 Cr.
Discontinued OperationsNoneNoneNoneNone
Net Income from Continuous Ops.2.91 Cr.-7.11 Cr.-139.47 Cr.-116.90 Cr.
Net Income Applicable to Common Shares2.91 Cr.-7.11 Cr.-139.47 Cr.-116.90 Cr.

Balance Sheet

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Intangible Assets0000
Capital Surplus067.41 Cr.67.41 Cr.67.41 Cr.
Total Liabilities649.55 Cr.679.49 Cr.798.91 Cr.725.06 Cr.
Stock Holder Equity-52.82 Cr.-54.37 Cr.-53.74 Cr.84.58 Cr.
Minority Interest0000
Other Liabilities8.54 Cr.96.03 Lakhs1.51 Cr.13.42 Cr.
Total Assets596.73 Cr.625.12 Cr.745.17 Cr.809.65 Cr.
Common Stock103.64 Cr.103.64 Cr.103.64 Cr.103.64 Cr.
Retained Earnings0-234.68 Cr.-227.85 Cr.-93.02 Cr.
Other Liabilities40.40 Cr.45.66 Cr.51.15 Cr.57.26 Cr.
Good Will0000
Treasury Stock-156.46 Cr.9.26 Cr.3.05 Cr.6.55 Cr.
Other Assets23.90 Cr.45.52 Cr.41.82 Cr.35.40 Cr.
Cash30.63 Lakhs83.36 Lakhs51.46 Lakhs11.18 Cr.
Current Liabilities562.68 Cr.601.88 Cr.708.11 Cr.551.37 Cr.
Long Term Asset Charges0000
Short Long Term Debt504.84 Cr.121.48 Cr.117.02 Cr.36.80 Cr.
Other Stockholder Equity-156.46 Cr.9.26 Cr.3.05 Cr.6.55 Cr.
Property Plant Equipment211.52 Cr.241.79 Cr.275.93 Cr.309.74 Cr.
Total Cur. Assets361.18 Cr.337.71 Cr.423.53 Cr.451.62 Cr.
Long Term Investments12.12 Lakhs8.85 Lakhs3.88 Cr.12.87 Cr.
Net Tangible Assets-52.82 Cr.-54.37 Cr.-53.74 Cr.84.58 Cr.
Short Term Investments0000
Net Receivables116.52 Cr.124.72 Cr.198.54 Cr.212.49 Cr.
Long Term Debt46.46 Cr.31.94 Cr.39.64 Cr.116.42 Cr.
Inventory155.61 Cr.163.37 Cr.170.11 Cr.169.64 Cr.
Accounts Payable49.29 Cr.17.99 Cr.117.20 Cr.45.98 Cr.

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