NSE: SUMIT
SUMIT WOODS LIMITED
Develops premium residential and mixed-use real estate projects, primarily in the Borivali West micro-market of Mumbai. Revenue is booked on a project-linked basis as units are sold and handed over, creating year-to-year lumpiness in reported income. Active projects include Sumit KMR Param, a 37-floor residential building that received a Full Commencement Certificate from the Brihanmumbai Municipal Corporation in July 2026, and the redevelopment of Patel Shopping Centre at the junction of Chandavarkar Road and Raja Dalvi Marg in Borivali West, planned as a residential-cum-commercial development of around 1,75,000 sq. ft. with an estimated Rs 595 crore revenue potential. The project pipeline has been expanded to Rs 5,130 crore spread over 5-6 years, with specific projects housed in subsidiaries including Sumit Abode Private Limited (64 percent stake), Sumit Borivali Developers LLP (99 percent stake) and Sunsumit Venture LLP (25 percent stake). FY26 consolidated revenue from operations stood at Rs 90.74 crore with operating EBITDA of Rs 20.29 crore, an EBITDA margin of 21.3 percent. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Residential development, Commercial development. Cyclical, asset-heavy residential and commercial real estate development
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 66 | 101 | 180 | 141 | 95 |
| EBITDA (ex other income) | 6 | 24 | 29 | 24 | 16 |
| margin % | 8.9 | 23.4 | 16.0 | 16.8 | 17.4 |
| Owners' profit | (1) | 8 | 9 | 11 | 6 |
| EPS, as reported (₹) | (0.30) | 2.50 | 2.94 | 2.72 | 1.27 |
| ROE % · ROCE % | — · — | 7.9 · 11.4 | 10.3 · 14.8 | 5.7 · 10.7 | 2.8 · 6.2 |
| Debt / equity (x) | — | 1.57 | 1.18 | 0.34 | 0.55 |
| Cash from operations | (28) | (15) | 36 | 23 | (47) |
| Capex | (1) | (1) | (0) | (3) | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 46 | 30 | 33 | 42 | 13 | 11 | 28 | 45 |
| Profit before tax | 3 | 4 | 7 | 5 | 0 | 2 | 2 | 5 |
| Net profit | 3 | 2 | 5 | 3 | 0 | 1 | 1 | 4 |
| EPS (₹) | 0.74 | 0.69 | 1.04 | 0.76 | 0.06 | 0.25 | 0.26 | 0.85 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| DLF LIMITED | 1,64,917 | 37.1 | 3.63 | 49.7 | 9.7 | 6.0 | 8.6 | 37.1 |
| LODHA DEVELOPERS LIMITED | 1,01,079 | 24.5 | 4.31 | 20.2 | 14.6 | 15.7 | 25.1 | 40.5 |
| THE PHOENIX MILLS LTD | 67,952 | 53.1 | 4.75 | 26.3 | 10.9 | 9.9 | 32.7 | 63.4 |
| PRESTIGE ESTATE LTD | 59,932 | 52.6 | 3.58 | 17.4 | 7.8 | 6.8 | 11.8 | 38.1 |
| OBEROI REALTY LIMITED | 58,212 | 19.1 | 3.25 | 16.8 | 14.0 | 15.5 | 24.0 | 61.1 |
| GODREJ PROPERTIES LTD | 47,804 | 29.9 | 2.47 | 22.0 | 9.5 | 11.4 | 46.3 | 107.7 |
| BRIGADE ENTER. LTD | 17,613 | 20.5 | 2.34 | 13.7 | 9.6 | 6.8 | 23.9 | 41.9 |
| ANANT RAJ LIMITED | 16,622 | 28.0 | 2.86 | 22.6 | 9.6 | 10.2 | 58.7 | 32.1 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 31.7 | 20.5 | 41 of 57 | 29% |
| P/B | 1.0 | 1.9 | 21 of 64 | 68% |
| ROCE | 3.2 | 6.4 | 49 of 66 | 26% |
| ROE | 2.8 | 8.0 | 49 of 64 | 24% |
| Debt / Equity | 0.6 | 0.4 | 44 of 64 | 32% |
| EBITDA margin | 14.6 | 29.6 | 49 of 66 | 26% |
| Revenue growth | 6.9 | 12.8 | 38 of 67 | 44% |
| Profit growth | 17.8 | 7.5 | 30 of 66 | 55% |
| Market cap | 215 | 1781 | 52 of 67 | 23% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 12 Oct 2026 · Sumit Woods submits quarterly demat certificate under SEBI Regulation 74(5) | compliance | minimal | — | — |
| 28 Sept 2026 · Sumit Woods closes trading window under insider trading rules | compliance | minimal | — | — |
| 4 Sept 2026 · Weblink for Annual Report FY 2025-26 and 30th AGM Notice | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Sumit Woods AGM 2026 voting results - all resolutions passed | board shareholder meetings | low | — | — |
| 4 Sept 2026 · 30th AGM of Sumit Woods held on September 3, 2026 via video conferencing | board shareholder meetings | medium | — | — |
| 3 Sept 2026 · Sumit Woods 30th AGM held; final dividend and director re-appointments put to vote | board shareholder meetings | low | — | — |
| 27 Aug 2026 · BMC issues IOD for Sumit Luxe Venture redevelopment project in Mumbai | regulatory legal | high | — | — |
| 14 Aug 2026 · Q1FY27 results: revenue up 36% consol, standalone PAT dips; dividend record date Aug 28 | results | high | — | — |
| 13 Aug 2026 · Sumit Woods to acquire 99% stake in Arcstone Capital Management LLP | strategic transactions | medium | — | — |
| 13 Aug 2026 · AGM notice published in newspapers; 30th AGM on 03 Sep 2026 | compliance | minimal | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | 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 |
Sources, method and disclosures
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.