Integrated Filing — IndAS



General information about company

Scrip Code 514211
NSE Symbol SUMEETINDS
MSEI Symbol NOTLISTED
ISIN INE235C01036
Name of company SUMEET INDUSTRIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 29-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 18-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment TEXTILE
Start date and time of board meeting 29-05-2026   16:00:00
End date and time of board meeting 29-05-2026   20:20:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 26,571.69 1,05,041.51
Other income 126.41 339.71
Total income 26,698.10 1,05,381.22
2 Expenses
(a) Cost of materials consumed 21,470.74 80,614.72
(b) Purchases of stock-in-trade 1,036.63 1,902.01
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (1,931.20) (2,038.49)
(d) Employee benefit expense 902.74 3,330.05
(e) Finance costs 346.96 1,005.16
(f) Depreciation, depletion and amortisation expense 487.14 1,912.34
(f) Other Expenses
1 Other Expenses 3,751.39 15,495.83
Total other expenses 3,751.39 15,495.83
Total expenses 26,064.40 1,02,221.62
3 Total profit before exceptional items and tax 633.70 3,159.60
4 Exceptional items (120.57) 41.05
5 Total profit before tax 513.13 3,200.65
6 Tax expense
7 Current tax 234.65 1,463.64
8 Deferred tax (99.97) (623.59)
9 Total tax expenses 134.68 840.05
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 378.45 2,360.60
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 371.94 371.94
16 Total profit (loss) for period 750.39 2,732.54
17 Other comprehensive income net of taxes 34.90 37.39
18 Total Comprehensive Income for the period 785.29 2,769.93
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 10,526.51 10,526.51
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 7,862.27
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.15 53
Diluted earnings (loss) per share from continuing operations 0.15 0.53
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.15 53
Diluted earnings (loss) per share from continuing and discontinued operations 0.15 0.53
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 13,195.73
Capital work-in-progress 3,242.48
Investment property 0.00
Goodwill 0.00
Other intangible assets 0.00
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 1,353.85
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current
Loans, non-current 1,296.68
Other non-current financial assets
1 Right -of - Use Assets 267.79
2 Other Financial Assets 57.31
Total of other non-current financial assets 325.10
Total non-current financial assets 1,621.78
Deferred tax assets (net)
Other non-current assets
Total of other non-current assets
Total non-current assets 19,413.84
2 Current assets
Inventories 13,324.48
Current financial asset
Current investments 0.00
Trade receivables, current 13,306.04
Cash and cash equivalents 3,865.07
Bank balance other than cash and cash equivalents 0.00
Loans, current 0.00
Other current financial assets
Total of other current financial assets
Total current financial assets 17,171.11
Current tax assets (net)
Other current assets
1 Other current assets 5,171.83
Total of other current assets 5,171.83
Total current assets 35,667.42
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 55,081.26
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 13,326.51
Other equity 7,862.27
Total equity attributable to owners of parent 21,188.78
Non controlling interest
Total equity 21,188.78
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 8,561.96
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Lease Liabilities 177.82
Total of other non-current financial liabilities 177.82
Total non-current financial liabilities 8,739.78
Provisions, non-current 0.00
Deferred tax liabilities (net) 1,816.25
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Other Non- Current Liabilities 536.71
Total of other non-current liabilities 536.71
Total non-current liabilities 11,092.74
Current liabilities
Current financial liabilities
Borrowings, current 7,365.06
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 739.21
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 13,778.94
Total Trade payable 14,518.15
Other current financial liabilities
1 Lease Liabilities 20.76
Total of other current financial liabilities 20.76
Total current financial liabilities 21,903.97
Other current liabilities 895.77
1 Other current liabilities 895.77
Total of other current liabilities 895.77
Provisions, current 0.00
Current tax liabilities (Net) 0.00
Deferred government grants, Current
Total current liabilities 22,799.74
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 33,892.48
Total equity and liabilites 55,081.26
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) NOTES TO THE STANDALONE FINANCIAL RESULTS 1. The above Audited Standalone and Consolidated Financial Results for the quarter and year ended 31st March, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 29th May, 2026. The Statutory Auditors of the Company have issued a modified audit opinion on the aforesaid financial results. 2. The Consolidated Financial Results have been prepared in accordance with the principles of consolidation prescribed under the applicable Indian Accounting Standards and include the financial results of the Company and its wholly owned subsidiary, Sumeet Global PTE Ltd., Singapore. The Board of Directors, at its meeting held on 13th February, 2025, approved the closure and winding up of the operations of the said subsidiary. However, the winding-up process had not been completed as at 31st March, 2026 and accordingly the subsidiary has continued to be consolidated in these financial results. 3. Exceptional items represent the net impact of profit arising on disposal of certain Property, Plant and Equipment and provisions recognised pursuant to the implementation of the new Labour Codes. 4. These financial results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015, as amended, and other accounting principles generally accepted in India. 5. The Company is primarily engaged in the business of manufacturing and trading of textile products. Based on the internal reporting framework and review by the Chief Operating Decision Maker (CODM), the operations of the Company constitute a single reportable segment in accordance with Ind AS 108 – Operating Segments. Accordingly, separate segment information is not required to be disclosed. 6. The figures for the quarter ended 31st March, 2026 and 31st March, 2025 represent the balancing figures between the audited figures in respect of the full financial years ended 31st March, 2026 and 31st March, 2025 respectively and the unaudited published year-to-date figures up to 31st December, 2025 and 31st December, 2024 respectively, which were subjected to limited review by the Statutory Auditors. 7. Previous period/year figures have been regrouped, reclassified and/or rearranged wherever considered necessary to conform to the current period's classification and presentation. 8. Pursuant to SEBI Circular No. CIR/CFD/CMD/56/2016 dated 27th May, 2016, the Statement on Impact of Audit Qualifications in respect of the modified audit opinion on the Standalone and Consolidated Financial Results forms an integral part of these financial results and is annexed herewith as Annexure-I. 9. The Statement of Cash Flows has been prepared under the indirect method in accordance with the requirements of Ind AS 7 – Statement of Cash Flows. 10. Provision for Current Tax and Deferred Tax for the quarters ended 31st March, 2026 and 31st December, 2025 has been determined based on the estimated effective tax rate applicable to the respective interim periods and adjusted for year-end tax computations wherever considered necessary.



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of defined benefit obligations 64.58 64.58
2 Fair value of equity instruments through other comprehensive income (9.58) (7.10)
Total Amount of items that will not be reclassified to profit and loss 55.00 57.48
2 Income tax relating to items that will not be reclassified to profit or loss 20.10 20.09
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 34.90 37.39



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 3,200.65
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0.00
Adjustments for decrease (increase) in inventories (2,772.38)
Adjustments for decrease (increase) in trade receivables, current (4,913.82)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (980.58)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 1,281.50
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (239.26)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 1,912.34
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 20.76
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) (705.47)
Other adjustments for non-cash items 1,032.93
Share of profit and loss from partnership firm or association of persons or limited liability partnerships (371.94)
Total adjustments for reconcile profit (loss) (5,735.92)
Net cash flows from (used in) operations (2,535.27)
Dividends received (0.25)
Interest paid (866.98)
Interest received (243.02)
Income taxes paid (refund) 1,463.64
Other inflows (outflows) of cash (161.61)
Net cash flows from (used in) operating activities (3,536.81)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 371.94
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 287.00
Purchase of property, plant and equipment 4,207.07
Proceeds from sales of investment property 0.00
Purchase of investment property 1,293.54
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 267.79
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.25
Interest received 243.02
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (16.17)
Net cash flows from (used in) investing activities (4,882.36)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 8,809.99
Repayments of borrowings 0.00
Payments of lease liabilities (177.82)
Dividends paid 0.00
Interest paid 866.98
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 121.78
Net cash flows from (used in) financing activities 8,242.61
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (176.56)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (176.56)
Cash and cash equivalents cash flow statement at beginning of period 4,041.64
Cash and cash equivalents cash flow statement at end of period 3,865.08





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 H T K S & Co, Chartered Accountnats Yes 31-05-2027


Financial details

Amount in (Lakhs)

Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 1,05,753.17 1,05,753.17
2 Total Expenditure 1,02,221.62 1,02,221.62
3 Net Profit/(Loss) 2,582.39 2,582.39
4 Earnings Per Share 0.53 0.53
5 Total Assets 55,081.27 55,081.27
6 Total Liabilities 55,081.27 55,081.27
7 Net Worth 21,188.79 21,188.79


Audit qualification

Amount in (Lakhs)

Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Repetitive Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)


Text Block

Textual Information(1) The interest payable as per Section 16 of MSMD Act, 2006 has not been ascertained and not provided for by the company
Textual Information(2) Nil
Textual Information(3) NA
Textual Information(4) It is consistent business practices and mutual understanding with MSME vendors, no interest has been demanded or charged by the suppliers
Textual Information(5) With regard to the observation on non-provision of interest under Section 16 of the MSMED Act, 2006, the management submits that, based on consistent business practices and mutual understanding with MSME vendors, no interest has been demanded or charged by the suppliers. Accordingly, no provision for interest has been considered necessary in the financial statements.


Signatories detail

Name of CEO / Managing director Mr. Pratik R Jaju
Name of CFO Mr. Abhishek Prasad
Name of audit committee chairman NA
Name of statutory auditor M/s. HTKS & Co., Chartered Accountants
Name of other signatory, if any, with designation Mr. Radheshyam B Jaju, Chairman
Place Surat
Date 29-05-2026