Sumeet Industries Limited logo

Sumeet Industries Limited

This company manufactures various polyester products, including yarn, chips, and texturized yarn, for export to multiple countries.
1988 | Surat, Gujarat (India) | Active

Last Updated:

January 18, 2025
HomeCompanySumeet Industries Limited

Who are the key members and board of directors at Sumeet Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Pratik Jaju InManaging Director05-Aug-2024Current
Anilkumar Jain InCompany Secretary01-Jan-2008Current
Abhishek Prasad InCFO01-Apr-2017Current

Board Members(5)

NameDesignationAppointment DateStatus
Radheshyam Jaju In Director 05-Aug-2024Current
Manojkumar Jain In Director 29-Jun-2017Current
Vikashkumar Chandaliya In Director 06-Jun-2020Current
Saurav Dugar In Director 28-Oct-2020Current
Ankita Shah Director 02-Sep-2024Current

Financial Performance of Sumeet Industries.

Sumeet Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 58.56% increase. The company also saw a substantial improvement in profitability, with a 142.55% increase in profit. The company's net worth Soared by an impressive increase of 19.32%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
58.56%
Revenue from Operations
55.70%
Total Assets
-4.23%
Profit or Loss
142.55%
Net Worth
19.32%
EBITDA
42.85%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹1,750.22 Cr

₹77.53 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 12 Dec 2024
₹50.00 CrOpen

Axis Bank Limited

Creation Date: 24 Oct 2024
₹70.00 CrOpen

Others

Creation Date: 26 Sep 2024
₹70.00 CrOpen

How Many Employees Work at Sumeet Industries?

Sumeet Industries has a workforce of 281 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Rating

Alerts

Latest Updates, News, and FAQs on Sumeet Industries

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 50.00 Cr with Charge ID 101017260 was registered on 12 Dec 2024.

    12 Dec 2024

  • Charges

    A charge with Others of Rs. 70.00 Cr registered on 26 Sep 2024 with Charge ID 100987871 was modified on 11 Dec 2024.

    11 Dec 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 70.00 Cr with Charge ID 101000111 was registered on 24 Oct 2024.

    24 Oct 2024

  • Annual General Meeting

    Sumeet Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 70.00 Cr with Charge ID 100987871 was registered on 26 Sep 2024.

    26 Sep 2024

  • Director Appointment

    Ankita Siddharth Shah was appointed as a Director was appointed as a Director on 02 Sep 2024 & has been associated with this company since 4 months 18 days .

    02 Sep 2024

Recent News, Updates & Announcement

  • news
    Sumeet Industries' lenders ask initial bidder to raise offer.

    Sumeet has been classified as a non-performing account (NPA) with banks for more than three years. It owes lenders led by the Bank of Baroda (BoB) more than ₹900 crore including about ₹530 crore in principal. Lenders expect to recover at least 47% of their principal dues by asking Gajera to better its offer..

    04 Sep 2023 Economic Times

Frequently asked questions

  • Sumeet Industries Limited was incorporated on 01 Aug 1988.

  • The authorized share capital of Sumeet Industries Limited is ₹ 175.00 Cr and paid-up capital is ₹ 161.64 Cr.

  • Currently 8 directors are associated with Sumeet Industries Limited.

    • Radheshyam Bhawarlal Jaju
    • Pratik Rajesh Jaju
    • Manojkumar Ganeshmal Jain
    • Vikashkumar Kamalsingh Chandaliya
    • Saurav Santosh Dugar
    • Ankita Siddharth Shah
    • Anilkumar Sumermalji Jain
    • Abhishek Mahendra Prasad
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sumeet Industries Limited is 504 Trividhchamrersopp Fire Station Ring Road India, Surat, Gujarat, 395002.

  • The corporate identification number (CIN) of Sumeet Industries Limited is L45200GJ1988PLC011049 and the company number is 011049 as per Ministry of Corporate Affairs (MCA).

  • Yes, Sumeet Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SUMEETINDS.

  • The Official website of Sumeet Industries Limited is https://www.sumeetindustries.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sumeet Industries Limited has risen by 58.56%.

  • As Per 2022 financial reports, 281 employees are currently employed by Sumeet Industries Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sumeet Industries Limited has experienced an upsurge of 19.32%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sumeet Industries Limited amount to ₹ 1,750.22 Cr.

  • The most recent Balance Sheet for Sumeet Industries Limited was filed with the ROC on 31 Mar 2024.

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