SUDAI
Sudal Industries financials
- Market cap
- ₹43 Cr
Quarterly results
Q1 FY27: revenue up 27.4%, net profit up 663.4% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 36 | 40 | 44 | 42 | 45 +26% | 45 +12% | 49 +12% | 53 +27% |
| EBITDA | 2 | 3 | 4 | 2 | 2 +6% | 3 +13% | 4 +0% | 6 +220% |
| Net profit | 1 | -0 | 3 | 0 | 1 −2% | -3 −6325% | 1 −83% | 3 +663% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −55.2% 1Y
1Y: ₹100.69 on 9 Sept 2025 → ₹45.08. High ₹106.38 (19 Sept 2025), low ₹28.65 (31 Jul 2026).
Financials, as filed
Revenue grew 12.2% a year over 2 years, FY24 to FY26. Operating margin widened to 6.4%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹144 Cr | ₹155 Cr | ₹182 Cr |
| Operating profit | ₹7 Cr | ₹12 Cr | ₹12 Cr |
| Operating margin | 5.1% | 8.1% | 6.4% |
| Interest | ₹9 Cr | ₹3 Cr | ₹2 Cr |
| Depreciation | ₹2 Cr | ₹2 Cr | ₹6 Cr |
| Net profit | ₹121 Cr | ₹6 Cr | ₹-1 Cr |
| Net margin | 84.1% | 3.7% | -0.5% |
| Cash from operations | ₹11 Cr | ₹10 Cr | ₹8 Cr |
| Free cash flow | ₹6 Cr | ₹7 Cr | ₹7 Cr |
| ROCE | — | 26.0% | 16.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr |
| Reserves | ₹-67 Cr | ₹-77 Cr | ₹-110 Cr | ₹11 Cr | ₹18 Cr | ₹15 Cr |
| Borrowings | ₹5 Cr | ₹0 Cr | ₹34 Cr | ₹22 Cr | ₹19 Cr | ₹16 Cr |
| Other liabilities | ₹122 Cr | ₹141 Cr | ₹130 Cr | ₹15 Cr | ₹19 Cr | ₹24 Cr |
| Total liabilities | ₹66 Cr | ₹71 Cr | ₹61 Cr | ₹56 Cr | ₹64 Cr | ₹64 Cr |
| Fixed assets | ₹42 Cr | ₹40 Cr | ₹32 Cr | ₹34 Cr | ₹35 Cr | ₹31 Cr |
| Capital work in progress | ₹0 Cr | ₹2 Cr | ₹1 Cr | ₹2 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹25 Cr | ₹29 Cr | ₹29 Cr | ₹21 Cr | ₹29 Cr | ₹33 Cr |
| Total assets | ₹66 Cr | ₹71 Cr | ₹61 Cr | ₹56 Cr | ₹64 Cr | ₹64 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count grew 2% to 10,328.
- Promoters
- 67.4%
- Public
- 32.6%
Since Jun 2025
- Promoters 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 67.4%, Public 32.6%.Dec '23: Promoters 67.4%, Public 32.6%.Mar '24: Promoters 67.4%, Public 32.6%.Jun '24: Promoters 67.4%, Public 32.6%.Sep '24: Promoters 67.4%, Public 32.6%.Dec '24: Promoters 67.4%, Public 32.6%.Mar '25: Promoters 67.4%, Public 32.6%.Jun '25: Promoters 67.4%, Public 32.6%.Sep '25: Promoters 67.4%, Public 32.6%.Dec '25: Promoters 67.4%, Public 32.6%.Mar '26: Promoters 67.4%, Public 32.6%.Jun '26: Promoters 67.4%, Public 32.6%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Sudal Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Shyantanu Sudarshan Chokhani | 32.48% | unchanged |
| Sudarshan Shriram Chaukani | 18.20% | unchanged |
| Sudal Enterprises Private Limited | 16.63% | unchanged |
| Reynolds International Inc | 3.89% | unchanged |
| Madhumilan Credit Capital Private Limited | 1.61% | unchanged |
| Mahendra Girdharilal | 1.20% | unchanged |
| Sudarshan Shriram Chaukani Huf | 0.13% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Sudal Industries Limited
Guides on how to read this kind of business and the numbers that matter.