Sumeet Industries Limited

Company Profile

Sumeet Industries Limited had its IPO on under the ticker symbol SUMEETINDS.

The company operates in the Consumer Cyclical sector and Textile Manufacturing industry. Sumeet Industries Limited has a staff strength of 0 employees.

Stock update

Shares of Sumeet Industries Limited opened at ₹3.02 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹3.02 - ₹3.02, and closed at ₹3.02.

This is a +4.86% increase from the previous day's closing price.

A total volume of 29,645 shares were traded at the close of the day’s session.

In the last one week, shares of Sumeet Industries Limited have increased by +32.46%.

Sumeet Industries Limited's Key Ratios

Sumeet Industries Limited has a market cap of ₹225.94 million, indicating a price to book ratio of 0.275 and a price to sales ratio of 0.0608.

In the last 12-months Sumeet Industries Limited’s revenue was ₹9.82 billion with a gross profit of ₹852.96 million and an EBITDA of ₹-570810752. The EBITDA ratio measures Sumeet Industries Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Sumeet Industries Limited’s operating margin was -8.51% while its return on assets stood at -7.95% with a return of equity of 0%.

In Q2, Sumeet Industries Limited’s quarterly earnings growth was a positive 0% while revenue growth was a negative 17.2%.

Sumeet Industries Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at ₹-6.68 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Sumeet Industries Limited’s profitability.

Sumeet Industries Limited stock is trading at a EV to sales ratio of 0.5338 and a EV to EBITDA ratio of 140.7564. Its price to sales ratio in the trailing 12-months stood at 0.0608.

Sumeet Industries Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

₹4.55 billion

Total Liabilities

₹4.93 billion

Operating Cash Flow

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

0%

Sumeet Industries Limited ended 2024 with ₹4.55 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹4.55 billion while shareholder equity stood at ₹-1163365000.00.

Sumeet Industries Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹4.93 billion in other current liabilities, in common stock, ₹0 in retained earnings and ₹0.00 in goodwill. Its cash balance stood at ₹46.27 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹412.45 million.

Sumeet Industries Limited’s total current assets stands at ₹2.55 billion while long-term investments were ₹0 and short-term investments were ₹0. Its net receivables were ₹1.05 billion compared to accounts payable of ₹384.11 million and inventory worth ₹1.03 billion.

In 2024, Sumeet Industries Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Sumeet Industries Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price

₹3.02

52-Week High

₹7.5

52-Week Low

₹1.98

Analyst Target Price

₹

Sumeet Industries Limited stock is currently trading at ₹3.02 per share. It touched a 52-week high of ₹7.5 and a 52-week low of ₹7.5. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹2.39 and 200-day moving average was ₹3.29 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 2289.9% of the company’s stock are held by insiders while 0% are held by institutions.