Press Release on earnings
SUMEETINDS · price
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Sumeet Industries Limited reported FY26 total income of ₹1,053.81 Cr, up 4.78% YoY, and PAT of ₹27.33 Cr with EPS of ₹0.53. EBITDA surged 313.84% YoY to ₹60.77 Cr, with EBITDA margin expanding by 431 bps to 5.77%. Q4 FY26 saw total income of ₹266.98 Cr (up 9.53% YoY), EBITDA of ₹14.68 Cr (up 113.58% YoY), and PAT of ₹7.50 Cr. The company was declared H1 bidder for acquisition of Nakoda's Phase-3 Polyester Chips assets under CIRP at ₹23.47 Cr, adding 400 TPD capacity. A ₹30 Cr capacity expansion (15,000 TPA polyester yarn) was also approved. Sumeet Industries was taken over by Eagle Group per NCLT order dated 16 July 2024.
Strong EBITDA recovery and margin expansion signal operational improvement. However, thin PAT margin of 2.59% and modest revenue growth indicate the textile macro environment remains challenging. The Nakoda acquisition may support backward integration but requires monitoring for execution risk.