Audited Financial result ended on 31.03.2026
SUMEETINDS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sumeet Industries Ltd reported standalone total income of Rs. 1,053.81 crore for FY26, up 4.7% from Rs. 1,005.74 crore in FY25. Profit before tax turned positive at Rs. 31.60 crore versus a loss of Rs. 9.69 crore last year, driven by operating improvement. However, PAT declined sharply to Rs. 23.61 crore from Rs. 151.01 crore in the prior year due to much smaller exceptional gains (Rs. 41 lakh vs Rs. 17,003 lakh). EPS dropped to Rs. 0.53 from Rs. 2.86. The auditors issued a qualified opinion for the second consecutive year regarding non-provision of interest under MSMED Act, 2006. Operating cash flow turned negative at Rs. -35.37 crore. Total borrowings nearly doubled to Rs. 15,927 lakh from Rs. 7,117 lakh, while trade receivables surged 59% to Rs. 13,306 lakh. The company is under Corporate Insolvency Resolution Process (CIRP).
The qualified audit opinion and negative operating cash flow are red flags. The company is under CIRP, and the sharp PAT decline despite revenue growth highlights reliance on one-time items. Nearly doubled debt warrants close monitoring.