BSE: 514211 | NSE: SUMEETINDS | Textile - Spinning | Small Cap
1. Is Sumeet Industries Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Sumeet Industries Ltd is a below average quality company.
2. Is Sumeet Industries Ltd undervalued or overvalued?
The key valuation ratios of Sumeet Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
3. Is Sumeet Industries Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sumeet Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||7.9%||8.6%||6.9%||7.6%||9.3%||3.7%||-4.7%||-2.5%||-0.5%||3.8%||-|
|Value Creation Index ⓘ||-0.4||-0.4||-0.5||-0.5||-0.3||-0.7||-1.3||-1.2||-1.0||-0.7||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-4.4%||-16%||13%||13.8%||-12.6%||-20.5%||-15.1%||-18.8%||55.7%||-|
|Adj EPS ⓘ||4||4.4||2.9||3||4.5||-0.6||-7.3||-4.2||-0.5||0.2||-6.9|
|YoY Gr. Rt. %||-||11.8%||-35.4%||5.2%||50%||-113.9%||NA||NA||NA||NA||-|
|BVPS (₹) ⓘ||23.4||25.6||28||30.8||35.9||32.8||7.2||2.7||2.1||2.5||-3.7|
|Adj Net Profit ⓘ||31.2||34.8||22.5||23.6||35.5||-6.5||-75.2||-43.7||-5||1.7||-72|
|Cash Flow from Ops. ⓘ||44.7||1.6||62.8||11.3||58.4||4.4||-77.3||89.5||20.8||63||-|
|Debt/CF from Ops. ⓘ||9||303.5||7||40.8||8.1||96.3||-6.7||6||25.2||7.7||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-29.5%||-48.1%||NA||NA|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||16.1||16.4||9.8||9.3||12.8||-2.1||-36.3||-85.3||-20||7.2||1163|
|Op. Profit Mgn % ⓘ||7.1||8.8||8.5||9||9.7||8.1||4.9||4.3||4.7||3.8||-4|
|Net Profit Mgn % ⓘ||2.7||3.1||2.4||2.3||3||-0.6||-9||-6.2||-0.9||0.2||-6.7|
|Debt to Equity ⓘ||2.1||2.2||1.9||1.7||1.7||1.3||7||19.1||24.4||18.9||-|
|Working Cap Days ⓘ||89||114||140||139||129||168||203||201||244||158||0|
|Cash Conv. Cycle ⓘ||47||53||67||69||76||111||117||97||134||91||0|
Return on Equity has increased versus last 3 years average to 1.00%
Debt to equity has declined versus last 3 years average to 18.86
Sales growth is good in last 4 quarters at 29.57%
Sales growth has been subdued in last 3 years 2.39%
|TTM EPS (₹)||-6.9||-6.9|
|TTM Sales (₹ Cr.)||1,079||1,079|
|BVPS (₹.) ⓘ||-3.7||-11.3|
|Reserves (₹ Cr.) ⓘ||-142||-220|
|From the Market|
|52 Week Low / High (₹)||1.98 / 13.14|
|All Time Low / High (₹)||0.54 / 34.35|
|Market Cap (₹ Cr.)||24.5|
|Equity (₹ Cr.)||103.6|
|Face Value (₹)||10|
|Industry PE ⓘ||11.5|
Shankarlal Somani established Sumeet Industries Limited in 1989. The company started as a yarn manufacturing unit and has now grown in a huge conglomerate with various businesses with an annual turn over of Rs. 1200 million ($ 27 million).
The company has been promoted by Shri Shankarlal Somani, Mahesh kumar Somani and Rajkumar Somani belonging to a reputed and well established business family hailing from Dist. Sikar of Rajasthan.
The company started its Polypropylene plant way back in 1992. The technology was imported from Neumag, Germany who is the pioneer in Polypropylene plant in the world. It produces dope dyed polypropylene yarn in which accuracy and uniformity of colour is guaranteed. Its products are marketed under brand name â€œSUMILONâ€ and have an approximate market share of 20% in India.
The company started its polyester operations in 2004. We have installed new state of art automatic craft winder plant imported from Barmag, Germany, which is the most latest & cost efficient technology in the world. The initial capacity is 12500 M. Tones per annum, but it will be increased in near future. Company is importing PET chips or buying locally from suppliers of international repute. The spin finish oil is imported from Tako Moto, Japan.
It started its menthol operations in 2006. It has installed a capacity to produce 900 M. Tonnes of Peppermint oil & 300 M Tonnes Menthol Crystal (with/without Turpentine). The company is already in the process of installing huge capacities of Menthol Flakes & Menthol Crystals. The total plant is made up of stainless steel to avoid contamination in the product.
All the products manufactured or procured goes through various stringent tests to assure the quality & consistency of products. their company believes in Quality, Customer & Commitment
Product range of the company includes: