Suumaya Corporation Ltd
Incorporated in 2009, Suumaya Corporation (formerly known as Rangoli Tradecomm Limited) is engaged in the trading of polymer, and textile commodities and also offers a wide range of grades for diverse applications across sectors such as packaging, agriculture, automotive, housing, healthcare, water and gas transportation, and consumer durables[1]
- Market Cap ₹ 7.59 Cr.
- Current Price ₹ 3.07
- High / Low ₹ 11.5 / 2.92
- Stock P/E
- Book Value ₹ -158
- Dividend Yield 0.00 %
- ROCE -465 %
- ROE -504 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -8.36%
- Company has a low return on equity of -151% over last 3 years.
- Promoters have pledged 79.3% of their holding.
- Company has high debtors of 7,646 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 162 | 1,187 | 3,363 | 39 | 2 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 162 | 1,116 | 3,360 | 78 | 481 | |
| Operating Profit | -0 | -0 | -0 | -0 | 0 | 0 | 0 | 0 | 71 | 3 | -39 | -479 |
| OPM % | 0% | 6% | 0% | -100% | -19,466% | |||||||
| 0 | 0 | 0 | 0 | 0 | 0 | 4 | 3 | 0 | 1 | 2 | -6 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 3 | 71 | 2 | -38 | -485 |
| Tax % | 17% | 31% | 28% | 87% | 0% | -0% | ||||||
| 0 | 0 | 0 | 0 | 0 | 0 | 3 | 2 | 51 | 0 | -38 | -485 | |
| EPS in Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 13.32 | 9.59 | 20.53 | 0.12 | -15.33 | -196.32 |
| Dividend Payout % | 0% | 0% | 8% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -87% |
| TTM: | -94% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -1164% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -73% |
| 1 Year: | -58% |
| Return on Equity | |
|---|---|
| 10 Years: | -100% |
| 5 Years: | -109% |
| 3 Years: | -151% |
| Last Year: | -504% |
Balance Sheet
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.73 | 0.73 | 0.73 | 0.73 | 0.73 | 0.73 | 0.73 | 0.73 | 8 | 25 | 25 | 25 |
| Reserves | 6 | 6 | 6 | 6 | 6 | 6 | 9 | 11 | 125 | 108 | 70 | -415 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43 | 49 | 53 | 8 | 7 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 1 | 15 | 936 | 577 | 567 | 989 | |
| Total Liabilities | 7 | 7 | 7 | 7 | 7 | 7 | 10 | 70 | 1,118 | 762 | 670 | 606 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 4 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 7 | 7 | 7 | 7 | 7 | 7 | 0 | 0 | 0 | 1 | 1 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0 | 10 | 70 | 1,117 | 756 | 668 | 605 | |
| Total Assets | 7 | 7 | 7 | 7 | 7 | 7 | 10 | 70 | 1,118 | 762 | 670 | 606 |
Cash Flows
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | -40 | -34 | -36 | 40 | 0 | |||
| 0 | 0 | 0 | 0 | 0 | -0 | -7 | -1 | 5 | 0 | |||
| 0 | 0 | 0 | 0 | 0 | 43 | 76 | 2 | -45 | -1 | |||
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 3 | 35 | -35 | -0 | -1 |
Ratios
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 69 | 238 | 2 | 481 | ||||||||
| Inventory Days | 27 | 80 | 8 | 0 | ||||||||
| Days Payable | 32 | 297 | 59 | |||||||||
| Cash Conversion Cycle | 64 | 22 | -50 | 481 | ||||||||
| Working Capital Days | 111 | 41 | 19 | -4,588 | ||||||||
| ROCE % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 9% | 60% | 2% | -26% |
Documents
Announcements
-
Intimation Of Delay In Publishing Financial Results.
13 Nov - Delay in publishing financial results for Q2 2024.
-
Closure of Trading Window
27 Sep - Closure of trading window for financial results.
-
Intimation Of The Extension Of The Annual General Meeting Of The Company For The Financial Year Ended On March 31, 2024.
23 Sep - Extension of Annual General Meeting by two months.
-
Subject: Outcome Of Circular Resolution Passed By Board Of The Company On September 20, 2024
Intimation Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015.
20 Sep - Board approved extension for 15th AGM.
-
Announcement under Regulation 30 (LODR)-Change in Management
6 Sep - Appointment of two directors and AGM scheduled.
Products
Threads, Yarns and Fabrics[1]
Commodity Polymer - Ethylene-Vinyl Acetate (EVA), High-density polyethylene (HDPE), Low-density polyethylene (LDPE), etc used in Shoe Industries, Pipe and packaging industries, etc[1]
Engineering Polymer - Acrylonitrile Butadiene Styrene (ABS), General purpose polystyrene (GPPS), High Impact Polystyrene Granule, etc used in Plumbing Parts/Food Processing Components, Food Packaging, Toys, etc[2]
Chemicals And Additives - Ammonium-Sulphate(wood preservative), Calcium Carbonate(Used in PVC Pipe manufacturing as additive), Calcium-Stearate (Pharmaceuticals), etc[2]