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Sumeet Industries Ltd. (India)

Main Activities: Fiber, Yarn, and Thread Mills | Textile Product Mills
Full name: Sumeet Industries Ltd. Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Sumeet Industries Ltd., located in Surat, is a diversified conglomerate in the Indian Polyester Industry. The company started as a yarn manufacturing unit and has now grown into a large conglomerate with various businesses. They have an annual turnover of Rs.1200.00 Crores. The company manufactures Polypropylene Multifilament Yarn and Polyester Partially Oriented Yarn (POY) with a total capacity of 1,00,000 tons per annum. They have a strong presence in the Indian market and also export their products to various countries including Egypt, Saudi Arabia, China, Argentina, Poland, Portugal, and more. The company has five major divisions and an integrated manufacturing facility. Their location in Surat provides them with a strategic advantage in terms of proximity to raw material suppliers and end users. The company is committed to continuous growth and efficient operations while prioritizing the interests of its shareholders.

Legal Address
504, Trividh Chamber,, Opp. Fire Station, Ring Road
Surat; Gujarat; Postal Code: 395002

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Website: http://www.sumeetindustries.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1988
Key Executives
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Chairman
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Independent and Non Executive Director
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Non Executive Director
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Non Executive Director
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Non Executive Director
Ownership Details
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73.84%
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26.16%
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Subsidiaries
Sumeet Global Pte.Ltd.
100%
Company Performance
Financial values in the chart are available after Sumeet Industries Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
8.96%
Total operating revenue
8.96%
Operating profit (EBIT)
45.51%
EBITDA
64.72%
Net Profit (Loss) for the Period
46.22%
Total equity
0%
Operating Profit Margin (ROS)
3.27%
Net Profit Margin
3.26%
Return on Equity (ROE)
7.03%

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