SUMEETINDS
Sumeet Industries share price & financials
- Price
- ₹33.98
- Market cap
- ₹1.1k Cr
- Sector
- Textiles
- Calls analysed
- 3
Sumeet Industries Limited Q1 FY27
What went well
- Income increased by over 9% year-on-year to INR272.74 crores, demonstrating resilient top-line growth despite challenges.
- Successful completion of rights issue, raising INR199.75 crores, with net proceeds of approximately INR194.90 crores for strategic growth initiatives.
- INR23 crores from rights issue proceeds utilized for debt repayment, expected to lower finance costs and strengthen the balance sheet.
What to watch
- EBITDA stood at INR8.85 crores with an EBITDA margin of 3.24%, significantly below the FY27 guidance of 6%.
- PAT for the quarter was INR1.14 crore, indicating low profitability.
What Sumeet Industries Limited does
Sumeet Industries is an integrated polyester manufacturer producing Polyethylene Terephthalate (PET) chips, Partially Oriented Yarn (POY), Fully Drawn Yarn (FDY) and polyester texturised yarn (PTY), sold into apparel, home textile and industrial applications. It runs a single, end-to-end manufacturing complex in Surat, Gujarat, India's largest polyester yarn and synthetic-fabric cluster, which gives it integrated control over the chips-to-yarn value chain, in-house waste recycling, and proximity-driven logistics. The company earns by converting purchased petrochemical feedstock into a mix of chips and value-added yarns sold to downstream texturisers, weavers and knitters. It was taken over by the Eagle Group, a multi-decade textile promoter group, in July 2024 following an NCLT-approved resolution plan.
Segments
- PET Chips
- Partially Oriented Yarn (POY)
- Fully Drawn Yarn (FDY)
- Polyester Texturised Yarn (PTY)
- Installed production capacity
- ~1,00,000 TPA (POY 52,500 / FDY 45,500 / Texturised Yarn 5,400 / Recycled Chips 2,700 TPA)
- Manufacturing facilities
- 1 integrated plant, Surat, Gujarat
- Product categories
- 4
- Captive solar power plant
- 14 MW commissioned
- Effluent treatment plant
- 100 m³ capacity, Zero Liquid Discharge
- Additional acquired capacity (Nakoda CP plant, under CIRP)
- 140,000 TPA bottle-grade PET chips plant, Surat; planned restart Q1 FY27-28
Guidance record · Q1 FY27
what the last two calls moved 12 tracked 1 delivered 1 missed 10 open- Rights Issue Completion delivered said Q3 FY26 Promised: Complete the INR 200 crores rights issue within the next three months. Q1 FY27: Successfully completed the rights issue, raising INR 199.75 crores within the targeted timeframe.
- Power Cost Reduction missed said Q2 FY26 Promised: Achieve 25% or more energy cost reduction in FY26. Q1 FY27: The target for FY26 was not mentioned. A new plan was announced to invest INR 22 crores in a solar plant, expected to be commissioned in Q4 FY27 and save INR 25 crores annually thereafter.
- Capacity Expansion Operationalization delayed said Q2 FY26 Promised: Expansion to be operational in the next two quarters (by Q4 FY26). Q1 FY27: A new 30,000 tons per annum capacity was commissioned in Q2 FY27, two quarters later than the original Q4 FY26 target.
All 12 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 9.6%, net profit down 85.7% 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 | 242 | 252 | 243 | 248 | 269 +11% | 267 +6% | 266 +9% | 272 +10% |
| EBITDA | 3 | 6 | 6 | 14 | 15 +335% | 16 +148% | 13 +119% | 8 −38% |
| Net profit | 14 | 97 | 68 | 8 | 10 −29% | 7 −93% | 8 −89% | 1 −86% |
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 −60.1% 1Y
1Y: ₹27 on 10 Sept 2025 → ₹10.77. High ₹38.99 (21 Oct 2025), low ₹10.77 (11 Sept 2026).
How the price took the results
close before → close after
- Q1 FY27
- −5.0%
- 7 Aug
- Q3 FY26
- +0.2%
- 13 Feb
- Q2 FY26
- +3.2%
- 20 Nov
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 3.3% a year over 2 years, FY24 to FY26. Operating margin widened to 5.5%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹985 Cr | ₹1.0k Cr | ₹1.1k Cr |
| Operating profit | ₹-40 Cr | ₹12 Cr | ₹57 Cr |
| Operating margin | -4.1% | 1.2% | 5.5% |
| Interest | ₹0 Cr | ₹4 Cr | ₹10 Cr |
| Depreciation | ₹24 Cr | ₹21 Cr | ₹19 Cr |
| Net profit | ₹-59 Cr | ₹170 Cr | ₹32 Cr |
| Net margin | -6.0% | 17.0% | 3.0% |
| Cash from operations | ₹15 Cr | ₹410 Cr | ₹-35 Cr |
| Free cash flow | ₹15 Cr | ₹408 Cr | ₹-77 Cr |
| ROCE | -18.0% | -2.0% | 13.0% |
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 | ₹104 Cr | ₹104 Cr | ₹104 Cr | ₹104 Cr | ₹133 Cr | ₹133 Cr |
| Reserves | ₹-158 Cr | ₹-156 Cr | ₹-220 Cr | ₹-280 Cr | ₹70 Cr | ₹79 Cr |
| Borrowings | ₹583 Cr | ₹551 Cr | ₹489 Cr | ₹490 Cr | ₹98 Cr | ₹161 Cr |
| Other liabilities | ₹96 Cr | ₹98 Cr | ₹82 Cr | ₹114 Cr | ₹170 Cr | ₹178 Cr |
| Total liabilities | ₹625 Cr | ₹597 Cr | ₹455 Cr | ₹428 Cr | ₹471 Cr | ₹551 Cr |
| Fixed assets | ₹242 Cr | ₹212 Cr | ₹185 Cr | ₹161 Cr | ₹142 Cr | ₹135 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹7 Cr | ₹32 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹14 Cr |
| Other assets | ₹383 Cr | ₹385 Cr | ₹270 Cr | ₹267 Cr | ₹321 Cr | ₹370 Cr |
| Total assets | ₹625 Cr | ₹597 Cr | ₹455 Cr | ₹428 Cr | ₹471 Cr | ₹551 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 Jul 2026
Since Jun 2025, promoters trimmed −21.77 pp while the public added +21.61 pp. The shareholder count grew 29% to 36,871.
- Promoters
- 68.1%
- FIIs
- 0.0%
- DIIs
- 0.1%
- Public
- 31.8%
Since Jun 2025
- Promoters −21.77 pp
- Public +21.61 pp
- DIIs +0.15 pp
How it drifted, 12 quarters
Over this window the public fell from 78.9% to 31.8% — −47.1 pp.
Ownership split by quarter, oldest first. Dec '23: Promoters 21.1%, Public 78.9%.Mar '24: Public 100.0%.Jun '24: Public 100.0%.Sep '24: Public 100.0%.Dec '24: Public 100.0%.Mar '25: Public 100.0%.Jun '25: Promoters 89.8%, Public 10.2%.Sep '25: Promoters 89.8%, Public 10.2%.Dec '25: Promoters 89.8%, Public 10.2%.Mar '26: Promoters 89.8%, FIIs 0.0%, Public 10.2%.Jun '26: Promoters 89.8%, FIIs 0.3%, Public 9.8%.Jul '26: Promoters 68.1%, FIIs 0.0%, DIIs 0.1%, Public 31.8%.
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Shaktiveer Texfab Private Limited newly disclosed 1.30% held
The same filing shows 26 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jul 2026 filing
Every holder of Sumeet Industries Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| Padmini Polytex Private Limited | 25.37% | −8.12 pp |
| Rohan Dipakbhai Modh | 14.39% | −4.61 pp |
| Jpb Fibres | 5.48% | −1.75 pp |
| Eagle Fibres Limited | 3.60% | −1.15 pp |
| Kapil Birla | 1.85% | −0.14 pp |
| Pratik Rajesh Jaju | 1.80% | −0.58 pp |
| Radheshyam Bhawarlal Jaju | 1.80% | −0.57 pp |
| Srivallabh S. Bhandari | 1.44% | −0.46 pp |
| Shailesh Ghanshyam Jaju | 1.44% | −0.46 pp |
| Supreme (India ) Impex Limited | 1.33% | −0.43 pp |
| Shaktiveer Texfab Private Limited | 1.30% | newly disclosed |
| Amit Ghanshyam Jaju | 1.08% | −0.34 pp |
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.
All earnings calls (3)
Read the Q1 FY27 call →Learn to analyse Sumeet Industries Limited
Guides on how to read this kind of business and the numbers that matter.