Sumeet Industries Limited

Sumeet Industries Limited (SUMEETINDS) is a micro-cap Textiles company valued at ₹755 crore operating in Other Textile Products on the NSE and BSE.

Recent price move

Sumeet Industries Limited last traded at ₹10.9, modestly down 0.18% on the day.

Recent developments

On 2026-07-31, promoter holding decreased by 21.8%, indicating a reduction in promoter stake. Debtor days increased from 35.7 to 46.2 days as of 2026-07-31, reflecting slower collections. The company has not paid dividends despite reporting profits.

Financial performance

Annual revenue rose 4.7% to ₹1,050 crore, but annual net profit fell 83.9% to ₹27 crore. The latest quarter saw revenue rise 9.6% year-on-year to ₹272 crore, while net profit dropped 85.7% to ₹1 crore. The net profit margin narrowed sharply to 2.6% from 16.9% a year earlier.

Valuation multiples

The stock trades at 27.9 times earnings, 1.99 times book value.

Things to watch

The company's net profit margin has fallen 14.3 percentage points to 2.6%, signaling declining profitability. Promoter holding has decreased by 21.8% in the latest quarter. Debtor days have risen to 46.2 days, indicating potential liquidity concerns.

Where it stands

Sumeet Ind Limited reported annual revenue growth of 4.7% but a steep decline in net profit of 83.9%. The latest quarter showed revenue growth of 9.6% but a sharp drop in net profit of 85.7%. Promoter holding fell by 21.8% and debtor days increased to 46.2 days.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.