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Investor Meet
Sumeet Industries informed stock exchanges that management will hold a virtual meeting with analysts/investors on 18 June 2026 at 4:00 PM; discussions will use publicly available information and not UPSI.
Analyst/Investor Meet
Sumeet Industries will host a virtual analysts/investors meeting on 18 June 2026 at 4:00 PM; discussions will be based on publicly available information and not on any UPSI; schedule subject to change.
Rights Issue
Sumeet Industries Board approved a rights issue of 16,84,24,218 equity shares aggregating Rs.199,75,11,225 at Rs.11.86/share (FV Rs.2); entitlement 8 shares per 25; record date June 12, 2026; issue opens June 22, closes July 20, 2026.
Rights Issue Approval
Board approved a rights issue of 16,84,24,218 equity shares aggregating Rs.199.75 crore at Rs.11.86/share (FV Rs.2); entitlement 8 for 25; Record Date June 12, 2026; Issue opens June 22 and closes July 20, 2026; ISIN INE235C20010.
Rights Issue
Board approved a rights issue of 16,84,24,218 equity shares aggregating Rs.199,75,11,225 at Rs.11.86/share (FV Rs.2); entitlement 8 shares per 25; record date Jun 12, 2026; issue open Jun 22–Jul 20, 2026; ISIN INE235C20010.
Rights Issue Approval
Board approved a rights issue of 16,84,24,218 equity shares aggregating Rs.199.75 crore at Rs.11.86/share (FV Rs.2), entitlement ratio 8:25; record date June 12, 2026; issue open June 22–July 20, 2026.
Sumeet Industries Ltd (SUMEETINDS) is currently trading at 24.26 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Sumeet Industries is an integrated polyester manufacturer producing PET chips, partially oriented yarn (POY), fully drawn yarn (FDY) and texturised yarns from its Surat complex, combining captive power, waste recycling and spinning assets to serve apparel, home textiles and industrial segments while pursuing export readiness and premium product mix. The company’s ownership was materially reset by an NCLT-sanctioned takeover by Eagle Group in 2024, which removed legacy liabilities and generated an exceptional INR170 crore non-operational gain; the new promoter has prioritised operational discipline, supplier negotiation and a rights issue to support growth and balance-sheet repair. Operational performance for Q3 FY26 showed consolidated revenue of INR267.74 crore, EBITDA of INR16.66 crore (6.22% margin) and PAT of INR9.04 crore; nine-month numbers were INR786.83 crore revenue, INR46.09 crore EBITDA (5.86% margin) and PAT INR26.88 crore, with management noting profit from continuing operations rose about 205% year-on-year. Management’s strategic priorities are clear: execute a capital-backed capacity increase (targeting 30–40% additional throughput), upgrade machinery to shift into higher-margin specialty yarns, and expand renewable energy sourcing to materially lower power costs and improve margin sustainability while building export channels into Asia and Africa.
Over the past 52 weeks, Sumeet Industries Ltd has traded between a low of ₹10.53 and a high of ₹40.55. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Sumeet Industries Ltd has a market capitalization of approximately 1,458.97. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Sumeet Industries Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 45.58 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 1,458.97 Cr, Sumeet Industries Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Sumeet Industries Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Sumeet Industries Ltd is 45.58. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Sumeet Industries acquired Nakoda Limited's polyester chips manufacturing plant (Phase-3) in Surat, Gujarat, through a slump sale transaction for ₹23.47 crore.
The two most significant announcements are the new integrated program for the textile sector, which supports man-made fibre production, and the proposed Dedicated Freight Corridor connecting Dankuni to Surat, which will drastically cut logistics costs.
Bearish
5
Neutral
6
Bullish
3
Bearish
26
Neutral
6
Bullish
14
Bearish
21
Neutral
0
Bullish
11
Discovery themes featuring this stock
Sumeet Industries is an integrated polyester manufacturer producing PET chips, partially oriented yarn (POY), fully drawn yarn (FDY) and texturised yarns from its Surat complex, combining captive power, waste recycling and spinning assets to serve apparel, home textiles and industrial segments while pursuing export readiness and premium product mix.
The company’s ownership was materially reset by an NCLT-sanctioned takeover by Eagle Group in 2024, which removed legacy liabilities and generated an exceptional INR170 crore non-operational gain; the new promoter has prioritised operational discipline, supplier negotiation and a rights issue to support growth and balance-sheet repair.
Operational performance for Q3 FY26 showed consolidated revenue of INR267.74 crore, EBITDA of INR16.66 crore (6.22% margin) and PAT of INR9.04 crore; nine-month numbers were INR786.83 crore revenue, INR46.09 crore EBITDA (5.86% margin) and PAT INR26.88 crore, with management noting profit from continuing operations rose about 205% year-on-year.
Management’s strategic priorities are clear: execute a capital-backed capacity increase (targeting 30–40% additional throughput), upgrade machinery to shift into higher-margin specialty yarns, and expand renewable energy sourcing to materially lower power costs and improve margin sustainability while building export channels into Asia and Africa.
Textiles & Apparels
Other Textile Products
1,459 Cr
Low Risk
45.6
29.4
0.2
7.9
40.55
10.53
Sales CAGR
Profit CAGR
ROE
ROCE
Discovery themes featuring this stock
| Symbol | Watchlist | Price | Market Cap | P/E | P/B | Div Yield (%) | ROE (%) | ROCE (%) | ROA (%) |
24.26 | 1,459 Cr | 45.58 | 7.93 | 0.00 | 12.90 | 11.11 | 5.14 | ||
88.70 | 1,386 Cr | 133.38 | 8.44 | 0.06 | 6.33 | 10.11 | 3.40 | ||
220.25 | 1,271 Cr | 194.01 | 2.16 | 0.00 | 1.11 | 5.30 | 0.61 | ||
542.85 | 1,257 Cr | 37.45 | 3.14 | 0.00 | 7.42 | 8.45 | 4.10 | ||
45.16 | 1,160 Cr | 7.73 | 2.24 | 0.00 | 28.93 | 16.91 | 4.63 | ||
328.05 | 1,154 Cr | 25.32 | 1.71 | 0.00 | 6.46 | 5.99 | — | ||
20.38 | 1,134 Cr | 33.37 | 7.25 | 0.00 | 21.72 | 13.25 | 5.68 | ||
| Median: 7 Co. | — | 88.70 | 1,257 Cr | 37.45 | 3.14 | 0.00 | 7.42 | 10.11 | 4.36 |
