S

Sumeet Industries

(NSE: SUMEETINDS)

SUMEETINDS

5.7

0.00 (0.00%)

Sumeet Industries Price Chart

Note: The data used to display charts is delayed by 15 mins as per guidelines.

Sumeet Industries Price Chart

Note: The data used to display charts is delayed by 15 mins as per guidelines.

Sumeet Industries Price Summary

Today High

5.7

Today Low

5.5

52 Week High

5.7

52 Week Low

5.5

Sumeet Industries Fundamentals

Market Cap

120.1 Cr

CASA

0.0

No. Of Shares

10.4 Cr

P/E

0.0

P/B

2.4

Face Value

10.0

Dividend Yeild

0.0

Book Value

2.1

Net Interest Income

167.8

Cost to Income

NA

Promoter Holdings

21.7

EPS

-0.7

CAR

NA

ROE

-28.4

ROCE

-1.6

Profit Growth

NA

Sumeet Industries Peer Comparison

COMPANY

PRICE

MCAP (cr)

P/B

P/E

EPS

ROE

ROCE

NII

Sumeet Industries

5.7

120.1 Cr

2.4

0.0

-0.7

-28.4

-1.6

167.8

Fiberweb

37.05

110.1 Cr

0.6

5.5

5.0

10.5

13.3

23.8

Lambodhara Textile

94.95

109.2 Cr

0.7

4.8

10.2

17.2

16.8

91.7

Pioneer Embroideries

42.6

136.9 Cr

0.9

5.4

7.4

19.2

15.9

18.8

Salona Cotspin

271.9

141.2 Cr

1.3

7.7

11.8

17.7

13.1

8.41 L

DCM

75.75

143.4 Cr

-8.9

0.0

-10.7

-439.8

-33.1

50.5

FAQ’s on Sumeet Industries

About Sumeet Industries

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 “SUMILON” 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:

  • PET  Chips
  • Polyester Yarn
  • Polypropylene Yarn
  • Woven Fabric
  • Menthol & Allied Products

Milestones:

  • 1988- Formation of Sumeet Industries Pvt. Ltd.
  • 1992 -Conversion from Private Limited To Public Limited
  • 1993 -Installed capacity of 1500 MT per annum of Polypropylene Multifilament Yarn.
  • 1995- Installed capacities of Texturising & Twisting of 1500 MT per annum for value addition
  • 1997- Increased the capacity of Polypropylene Multifilament Yarn to 4000 MT per annum.
  • 1999 -Increased the capacity of Texturising & Twisting to 3900 MT & 2000 MT respectively per annum.
  • 2004 -Installed coal based power plant of 2.5 MW for captive power generation.
  • 2005- Installed Polyester Spinning Plant to manufacture 10000 MT Polyester POY per annum.
  • 2006- Installed 60 Waterjet Looms to manufacture 4 million meters fabric per annum.
  • 2006- Installed Menthol Distilling & Crystallizing Capacities.
  • 2006- Expanded capacity of filament yarn by 10000 ton per annum by setting up a brand new POY plant supplied by Barmag, Germany.
  • 2007 -At present company has coal based power plant of 2.35 MW. Now with the help of Gujarat Gas Company we are looking forward to install gas based power plant. 

Achievements/ recognition:

  • The Company is an ISO 9001:2000 Certified Company
  • The Company is a Kosher Certified Company.
  • The company has been recognized as a Star Export House by The Government of India.
  • It has received award for Highest Export Performance in Polypropylene Yarn in 2001–02.
  • It has received Gold Trophy for Outstanding Export Performance for year 2001– 04 from SRTEPC.

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