SUMEETINDS · Sumeet Industries Ltd · Apparel/Accessories
SUMEETINDS · Sumeet Industries Ltd · Apparel/Accessories
As of 05 Nov close
52-week range
70.1% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹272 Cr
Revenue YoY
PAT YoY
-85.7%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
3.3
P/S (TTM)
0.7
Sector P/E
Not available from data source
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| SUMEETINDS (this stock) | 60 | 3.3 | +2.2% | +11.2% | 0.76 | 0.0% |
| Page Industries | 61.1 | 25.7 | +14.1% | +50.3% | 0.18 | +1.7% |
| Vardhman Textiles | 21.4 | 1.5 | +8.3% | +8.1% | 0.18 | +0.9% |
| Indo Count Industries | 57.6 | 4.1 | +3.4% | +6.4% | 0.57 | +0.3% |
Promoter
falling 1q
FII
falling 1q
MF
Not available from data source
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 14 Aug 2026 | Eagle Fibres Limited | BUY | 10,00,000 | ₹1.46 Cr |
| 12 Aug 2026 | Eagle Fibres Limited | BUY | 37,00,000 | ₹5.48 Cr |
| 12 Aug 2026 | JPB FIBRES | BUY | 37,00,000 | ₹5.48 Cr |
| 12 Aug 2026 | ROHAN D MODH | BUY | 39,50,000 | ₹5.85 Cr |
| 12 Aug 2026 | SUPREME( INDIA ) IMPEX LIMITED | BUY | 35,50,000 | ₹5.26 Cr |
Bulk/block deals
| date | canonicalSymbol | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| 2026-08-20 | SUMEETINDS | 5422093 | 1 | STRONG | BULK |
| 2026-08-13 | SUMEETINDS | 3800000 | 1 | STRONG | BULK |
| 2026-08-12 | SUMEETINDS | 34529055 | 8 | STRONG | BULK |
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: During the earnings conference call held on August 7, 2026, management reported a 9% year-on-year increase in income to INR 272.74 crores for Q1 FY '27, despite facing challenges in profitability due to industry-wide headwinds. The EBITDA margin was reported at 3.24%, with a profit after tax of INR 1.14 crores. Management attributed the margin pressure to rising crude oil prices and increased raw material costs, although they noted that demand across various sectors remained strong. The successful completion of a rights issue raised INR 199.75 crores, with funds earmarked for working capital, operationalizing a new plant, and reducing debt. Management set a goal of achieving over 30% revenue growth and an EBITDA margin of around 6% for the financial year. They expressed optimism about stabilizing industry conditions and the potential impact of the new plant on future growth.
Management highlighted both challenges and opportunities in the current operating environment.
Sourced from an exchange-filed transcript, dated 11 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation for Sumeet Industries Limited outlined the company's growth potential, emphasizing a planned expansion of 30,000 TPA and an additional revenue potential of approximately ₹300 crore. Management highlighted a strategic shift towards value-added yarns to enhance profitability and noted a focus on technology-led scalability through continuous capital expenditure and automation upgrades. The presentation detailed the company's integrated manufacturing capabilities, which ensure control over cost and quality, and its strong customer relationships that foster loyalty. Financial highlights included a total revenue of ₹1,053.81 crore for FY26, with an EBITDA margin of 5.77%. Management reported a successful ₹199.75 crore rights issue aimed at strengthening the balance sheet and supporting growth initiatives. The presentation concluded with insights into the Indian textile industry's growth drivers and Sumeet's strategic positioning within this landscape.
Management emphasized growth opportunities and strategic initiatives to enhance profitability.
Sourced from an exchange-filed presentation, dated 07 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Sumeet Industries Limited, dated June 18, 2026, outlines the company's strategic growth initiatives and operational strengths. Management reported a total revenue of ₹1,053.81 Cr for FY26, with a net profit of ₹27.33 Cr, reflecting stable performance despite market challenges. The presentation highlighted a planned capacity expansion of 30,000 TPA, aiming for an additional revenue potential of approximately ₹300 Cr. Sumeet Industries focuses on value-added yarns to enhance profitability and has a strong commitment to renewable energy, with a 14 MW solar power plant already operational. The company emphasized its integrated manufacturing capabilities, which ensure control over quality and cost, and its strategic acquisition of Nakoda's assets to strengthen backward integration. Management expressed optimism about long-term growth opportunities driven by an expanding product portfolio and operational efficiencies.
Management highlighted growth initiatives and operational strengths.
Sourced from an exchange-filed presentation, dated 18 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Sumeet Industries Limited held its earnings conference call on February 13, 2026, to discuss its financial results for Q3 FY26 and the nine-month period ending December 31, 2025. Management reported a consolidated total income of INR 267.74 crores for Q3, with an EBITDA of INR 16.66 crores and a profit after tax of INR 9.04 crores, reflecting a 205% increase in profit from continuous operations compared to the previous year. The company emphasized its integrated manufacturing capabilities and operational efficiencies as key strengths. Management outlined plans for capacity expansion, improved product mix, and increased focus on renewable energy to enhance cost competitiveness. They also discussed the potential for growth in exports due to favorable trade dynamics and expressed confidence in their long-term growth strategy. The call concluded with a Q&A session addressing various investor inquiries about margins, capacity utilization, and future plans.
Management highlighted strong financial performance and growth strategies.
Sourced from an exchange-filed transcript, dated 18 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedThe report outlines Sumeet Industries Limited's FY2025-26 performance, highlighting a marginal sales increase and operational challenges. The company, under new management from Eagle Group, is focusing on improving efficiency and growth strategies. It mentions social initiatives in manufacturing and community engagement, along with a commitment to corporate governance and risk management.
- The company has implemented a comprehensive internal control and risk mitigation system.
- Sumeet Industries is committed to corporate social responsibility, focusing on sustainable development and community engagement.
- The company is undergoing strategic reassessment under new management to enhance operational efficiency and growth.
Key takeaway: Sumeet Industries is reorienting its strategies under new management to improve operational efficiency and growth, while maintaining a focus on corporate governance and sustainability.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (3 items); Default / Covenant Breach (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
3 occurrencesRecent (last 12 months)
The auditor issued a qualified opinion on the standalone financial statements of Sumeet Industries Limited.
Earlier (1-3 years ago)
The auditors issued a qualified opinion on the Standalone Financial Statements of Sumeet Industries Limited for the year ended March 31, 2025, due to the effects of the matter described in the Basis for Qualified Opinion paragraph.
The statutory auditors, M/s. HTKS & Co., issued a qualified opinion on the company's financial statements for the year ended 31 March 2024, specifically noting the absence of a provision for interest on loans taken from banks and financial institutions.
Default / Covenant Breach
2 occurrencesEarlier (1-3 years ago)
The company had unsecured loans from Somani Overseas Pvt. Ltd. amounting to Rs. 1,105.91 Lakhs that were written off as per the Resolution Plan under the Corporate Insolvency Resolution Process (CIRP).
Sumeet Industries Limited has incurred a consolidated loss of Rs. -5901.15 Crores during the year 2024-25 and is under corporate insolvency resolution process (CIRP) initiated by the Hon’ble National Company Law Tribunal (NCLT) on December 20, 2022.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has disputed Goods and Services Tax demands under the Goods and Services Tax Act, 2017 for the periods 2017-18, 2018-19, and 2019-20, which are not acknowledged as debts. No provision has been recognized in the financial statements for these disputed claims.
Earlier (1-3 years ago)
The company has written off unsecured loans from Somani Overseas Pvt. Ltd. and Ganga Devi Somani, amounting to Rs. 1,105.91 Lakhs and Rs. 1,613.22 Lakhs respectively, as per the Resolution Plan. These loans were derecognised and credited to the Statement of Profit and Loss under 'Other Income'.
Sumeet Industries Limited has admitted claims from secured financial creditors amounting to Rs. 583.48 Cr, unsecured financial creditors amounting to Rs. 107.61 Cr, and operational creditors amounting to Rs. 36.64 Cr. The claims include amounts due to Bank of Baroda against a corporate guarantee for Sumeet Global Pte Ltd and Sitaram Prints Pvt. Ltd against a corporate guarantee given to secured creditors.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company has authorized loans and guarantees up to Rs. 250 Crores to its related parties, including Hi Urja Techno LLP (an associate company) and Sumeet Speciality Chips Limited (a subsidiary company), for their principal business activities.
Earlier (1-3 years ago)
Sumeet Industries Limited has entered into related party transactions with Eagle Fibers Limited and Eagle Fashion Pvt. Limited, involving buying, selling, and trading products. The transactions are conducted at arm's length and in the ordinary course of business.
Management & Board Governance
1 occurrenceEarlier (1-3 years ago)
Mr. Shankarlal Somani and Sumeet Kumar Somani, erstwhile directors, resigned from the board on 09.08.2024 after the company's management was taken over by 'Eagle Group', the successful resolution applicant. Additionally, Mr. Radheshyam B. Jaju and Mr. Pratik R. Jaju were appointed as executive directors effective 05.08.2024, with Mr. Radheshyam B. Jaju becoming chairman and Mr. Pratik R. Jaju becoming managing director at the last annual general meeting on 30.09.2024.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
0.11% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).