Sumit Woods Profile
Key Indicators
- Authorised Capital ₹ 65.00 Cr
- Paid Up Capital ₹ 45.27 Cr
- Company Age 28 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 156.18 Cr
- Satisfied Charges ₹ 208.06 Cr
- Revenue Growth 26.97%
- Profit Growth 94.73%
- Ebitda 125.87%
- Net Worth -1.90%
- Total Assets 24.73%
About Sumit Woods
Sumit Woods Limited (SWL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 January 1997 and has a history of 28 years and one month. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the National Stock Exchange(NSE) under the ticker symbol SUMIT.
The Corporate was formerly known as Sumit Woods Private Limited. The Company is engaged in the Real Estate And Construction Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 65.00 Cr and a paid-up capital of Rs 45.27 Cr.
The company currently has active open charges totaling ₹156.18 Cr. The company has closed loans amounting to ₹208.06 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sumit Woods Limited India are Bhushan Nemlekar as CFO and Rekha Bagda as Company Secretary. Mitaram Jangid, Subodh Nemlekar, Bhushan Nemlekar, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L36101MH1997PLC152192
- Company No.
152192
- Stock Symbol
NSE : SUMIT
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Jan 1997
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Sumit Woods?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mitaram Jangid  | Managing Director | 11-Dec-2002 | Current |
| Bhushan Nemlekar | CFO | 26-May-2018 | Current |
| Rekha Bagda | Company Secretary | 03-May-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vineshkumar Singhal | Director | 11-Nov-2020 | Current |
| Pooja Parekh | Director | 09-Apr-2021 | Current |
| Pooja Chogle | Director | 26-Apr-2018 | Current |
| Subodh Nemlekar | Director | 09-Jan-1997 | Current |
| Bhushan Nemlekar | Whole-Time Director | 11-Dec-2002 | Current |
Financial Performance of Sumit Woods.
Sumit Woods Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 26.97% increase. The company also saw a substantial improvement in profitability, with a 94.73% increase in profit. The company's net worth dipped by a decrease of 1.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Sumit Woods?
In 2022, Sumit Woods had a promoter holding of 69.94% and a public holding of 30.06%. The company had 4 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mitasu Woods Private Limited.Mitaram Jangid, Subodh Nemlekar and 1 more are mutual person
- Sumit Hills Private Limited
Mitaram Jangid and Bhushan Nemlekar are mutual person
- Sumit Matunga Builders Private Limited
Mitaram Jangid, Subodh Nemlekar and 1 more are mutual person
- Mitasu Developers Private Limited
Mitaram Jangid and Bhushan Nemlekar are mutual person
- Sumit Abode Private Limited
Mitaram Jangid, Subodh Nemlekar and 1 more are mutual person
Sumit Pragati Ventures LlpMitaram Jangid is a mutual person
Charges (Loans)
₹156.18 Cr
₹208.06 Cr
Charges Breakdown by Lending Institutions
- Others : 100.25 Cr
- Tata Capital Housing Finance Limited : 40.00 Cr
- The Bharat Co-Operative Bank(Mumbai) Ltd : 10.00 Cr
- State Bank Of India : 5.93 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Apr 2024 | Others | ₹95.00 Cr | Open |
| 29 Sep 2022 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹10.00 Cr | Open |
| 28 Sep 2022 | Tata Capital Housing Finance Limited | ₹40.00 Cr | Open |
| 22 Dec 2021 | State Bank Of India | ₹1.93 Cr | Open |
| 16 Dec 2021 | State Bank Of India | ₹4.00 Cr | Open |
How Many Employees Work at Sumit Woods?
Unlock and access historical data on people associated with Sumit Woods, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sumit Woods, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sumit Woods's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
