Sumeet Industries Overview

  • Year Founded
  • 1988

Year Founded

  • Status
  • Public

  • Employees
  • 608

Employees

  • Stock Symbol
  • 514211

Stock Symbol

  • Share Price
  • $1.15
  • (As of Friday Closing)

Sumeet Industries General Information

Description

Sumeet Industries Ltd is engaged in the yarn manufacturing business segment in India. It manufactures and exports Polyester Yarn (POY and FDY), Polyester Chips, Texturizing Yarn and Carpet Yarn. The company caters to both domestic and international markets, of which the majority of revenue is generated within India.

Contact Information

Formerly Known As
Sumeet Synthetics
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • 504, Trividh Chamber, Opposite Fire Brigade Station
  • Ring Road
  • Surat, Gujarat 395002
  • India
+91 0261
Primary Industry
Synthetic Textiles
Other Industries
Other Textiles
Stock Exchange
BOM
Vertical(s)
Corporate Office
  • 504, Trividh Chamber, Opposite Fire Brigade Station
  • Ring Road
  • Surat, Gujarat 395002
  • India
+91 0261

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Sumeet Industries Stock Performance

As of 18-Oct-2024, Sumeet Industries’s stock price is $1.15. Its current market cap is $6.05M with 5.26M shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.15 $1.15 $0.46 - $1.28 $6.05M 5.26M 8.7K -$1.99

Sumeet Industries Financials Summary

As of 31-Dec-2024, Sumeet Industries has a trailing 12-month revenue of $123M.

In Thousands,
USD
TTM 31-Dec-2024 FY 2024 31-Mar-2024 FY 2023 31-Mar-2023 FY 2022 31-Mar-2022
EV 60,974 60,777 61,880 87,201
Revenue 123,261 118,964 128,662 119,921
EBITDA 13,521 (4,873) (3,806) 6,856
Net Income 11,333 (7,128) (7,313) 391
Total Assets 51,287 55,404 78,695
Total Debt 0 55,172 55,923 68,748
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Sumeet Industries Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Sumeet Industries Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Sumeet Industries Ltd is engaged in the yarn manufacturing business segment in India. It manufactures and exports Polyes
Synthetic Textiles
Surat, India
608 As of 2024

Mumbai, India
 

Mumbai, India
 
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Sumeet Industries Competitors (4)

One of Sumeet Industries’s 4 competitors is Shekhawati Industries, a Corporation company based in Mumbai, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Shekhawati Industries Corporation Mumbai, India
JBF Industries Corporation Mumbai, India
Century Enka Corporation Pune, India
Kordárna Plus Formerly PE-Backed Velka Nad Velickou, Czech Republic
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Sumeet Industries Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Sumeet Industries FAQs

  • When was Sumeet Industries founded?

    Sumeet Industries was founded in 1988.

  • Where is Sumeet Industries headquartered?

    Sumeet Industries is headquartered in Surat, India.

  • What is the size of Sumeet Industries?

    Sumeet Industries has 608 total employees.

  • What industry is Sumeet Industries in?

    Sumeet Industries’s primary industry is Synthetic Textiles.

  • Is Sumeet Industries a private or public company?

    Sumeet Industries is a Public company.

  • What is Sumeet Industries’s stock symbol?

    The ticker symbol for Sumeet Industries is 514211.

  • What is the current stock price of Sumeet Industries?

    As of 18-Oct-2024 the stock price of Sumeet Industries is $1.15.

  • What is the current market cap of Sumeet Industries?

    The current market capitalization of Sumeet Industries is $6.05M.

  • What is Sumeet Industries’s current revenue?

    The trailing twelve month revenue for Sumeet Industries is $123M.

  • Who are Sumeet Industries’s competitors?

    Shekhawati Industries, JBF Industries, Century Enka, and Kordárna Plus are competitors of Sumeet Industries.

  • What is Sumeet Industries’s annual earnings per share (EPS)?

    Sumeet Industries’s EPS for 12 months was -$1.99.

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