Manufactures polyester products — primarily Bottle Grade PET Chips for packaging and polyester yarn for textiles. The business is mid-expansion: a recently acquired Nakoda CP Plant will add 140,000 TPA of PET Chips capacity (commissioning targeted for Q1 FY27-28), alongside a 15,000 TPA polyester yarn expansion approved at a Rs 30 crore outlay. A separate acquisition of Nakoda's Phase-3 Polyester Chips assets added 400 TPD of polyester chips capacity. Raw materials dominate the cost stack at 76.7% of revenue, with employees at 3.2% and other operating expenses at 14.8%. FY26 revenue was Rs 1,050.4 crore at a 5.82% EBITDA margin. A Rs 199.75 crore Rights Issue closed in July 2026 is funding Rs 100 crore of working capital, Rs 49.90 crore for the Nakoda PET Chips plant integration, Rs 23 crore of debt prepayment, and Rs 22 crore for a 6.5 MW captive solar plant. The business was taken over by Eagle Group under an NCLT order in July 2024. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Bottle Grade PET Chips, Polyester Yarn. Material-intensive polyester and PET chip manufacturing, mid-capacity expansion.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 894 | 1,033 | 985 | 1,003 | 1,050 |
| EBITDA (ex other income) | 34 | (39) | (40) | 202 | 58 |
| margin % | 3.8 | (3.8) | (4.1) | 20.1 | 5.5 |
| Owners' profit | 0 | (59) | 0 | 0 | 27 |
| EPS, as reported (₹) | 0.07 | (5.67) | (5.82) | 16.17 | 53.00 |
| ROE % · ROCE % | (5.5) · 69.8 | 50.5 · 149.8 | 33.4 · 61.8 | 91.9 · 70.3 | 12.9 · 13.0 |
| Debt / equity (x) | (10.44) | (4.20) | (2.77) | 0.38 | 0.75 |
| Cash from operations | 61 | 73 | 15 | 410 | (35) |
| Capex | (1) | (1) | (0) | (3) | (42) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 242 | 252 | 243 | 248 | 269 | 267 | 266 | 272 |
| Profit before tax | 14 | 97 | 77 | 8 | 10 | 9 | 5 | 2 |
| Net profit | 14 | 97 | 68 | 8 | 10 | 9 | 8 | 1 |
| EPS (₹) | 1.31 | 9.38 | 6.27 | 0.76 | 0.92 | 0.18 | 0.15 | 0.03 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KPR MILL LTD. | 37,974 | 41.6 | 6.66 | 27.5 | 15.2 | 19.3 | 13.5 | 21.2 |
| WELSPUN LIVING LIMITED | 19,663 | 71.5 | 3.95 | 25.3 | 4.3 | 4.0 | 5.1 | 12.7 |
| VARDHMAN TEXTILES LIMITED | 16,368 | 19.0 | 1.55 | 12.4 | 7.1 | 7.4 | 10.0 | 20.4 |
| TRIDENT LIMITED | 11,965 | 30.1 | 2.51 | 14.5 | 7.9 | 8.6 | 8.1 | 17.7 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 9 Sept 2026 · Exchange seeks clarification on Jun-2026 quarterly results | compliance | low | — | — |
| 7 Sept 2026 · Sumeet Industries publishes AGM Notice in newspapers | compliance | minimal | — | — |
| 7 Sept 2026 · Annual Report FY 2025-26 with key AGM resolutions | compliance | medium | — | — |
| 4 Sept 2026 · Book closure from 23 to 29 Sept 2026 for 38th AGM on 29 Sept 2026 | board shareholder meetings | low | — | — |
| 4 Sept 2026 · 38th AGM on Sep 29 2026; 8 resolutions including RPT and rights issue variation | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Board okays Rs 250 Cr group loans, shifts Rights Issue funds to chips unit | board shareholder meetings | low | — | — |
| 3 Sept 2026 · New 40 TPD FDY production line commissioned | capex operations | high | — | — |
| 26 Aug 2026 · EGM approves OCRPS conversion to equity shares on preferential basis | board shareholder meetings | low | — | — |
| 24 Aug 2026 · Board Meeting on 4 Sept to Consider AGM Items and Rights Issue Change | board shareholder meetings | low | — | — |
| 24 Aug 2026 · EGM held - special resolution on OCRPS to equity conversion for non-promoters | board shareholder meetings | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| INDO COUNT INDUSTRIES LTD |
| 8,757 |
| 58.0 |
| 3.72 |
| 21.1 |
| 5.4 |
| 5.4 |
| 10.5 |
| 13.3 |
| GARWARE TECH FIBRES LTD | 7,675 | 37.1 | 5.67 | 24.0 | 14.7 | 18.7 | 8.1 | 20.5 |
| JINDAL WORLDWIDE LTD | 5,314 | 63.1 | 6.17 | 40.6 | 8.1 | 9.0 | 6.1 | 8.7 |
| RAYMOND LIFESTYLE LIMITED | 4,213 | 97.2 | 0.44 | 7.7 | 0.5 | 0.7 | — | 8.9 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 8.4 | 14.8 | 55 of 205 | 73% |
| P/B | 2.7 | 1.3 | 145 of 183 | 20% |
| ROCE | 9.9 | 4.2 | 59 of 227 | 74% |
| ROE | 12.9 | 4.8 | 46 of 214 | 79% |
| Debt / Equity | 0.8 | 0.3 | 157 of 214 | 27% |
| EBITDA margin | 3.3 | 9.8 | 152 of 198 | 23% |
| Revenue growth | 9.6 | 6.9 | 81 of 192 | 58% |
| Profit growth | (85.7) | 20.0 | 165 of 203 | 19% |
| Market cap | 566 | 63 | 41 of 221 | 82% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
