Sumeet Industries Limited — Investor Meet, 11-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates
11-08-2026 | 12:06 pm
11-08-2026 | 12:06 pm
Sumeet Industries reported Q1 FY27 income of INR272.74 crores, up 9% YoY, with PAT at INR1.14 crore and an EBITDA margin of 3.24%. Profitability was impacted by volatile raw material costs, but management notes improving market conditions. The company projects FY27 revenue growth over 30%, with 6% EBITDA and 3.5-4% PAT margins. Key initiatives include a successful INR199.75 crore rights issue for working capital, debt repayment, and a new solar plant. The acquisition of the Nakoda CP plant, expected to double capacity and top line by Q2 FY28, is a significant growth driver. The company expresses confidence in its strategic growth and efficiency gains.
No comments yet. Be the first to comment!
