Suumaya Industries Ltd
Established in the year 2011 by founder Mr Mahesh Gala, Suumaya Industries Limited (Formerly known as Suumaya Lifestyle Limited) is a highly creative brand for exquisite fashion and brings you the world’s finest collection of Indo-Western Designer Kurtis.
- Market Cap ₹ 38.9 Cr.
- Current Price ₹ 5.78
- High / Low ₹ 11.0 / 5.34
- Stock P/E
- Book Value ₹ -37.4
- Dividend Yield 0.00 %
- ROCE -13.3 %
- ROE -158 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 273 to 56.2 days.
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -3.38%
- Promoter holding is low: 20.4%
- Company has a low return on equity of -61.9% over last 3 years.
- Contingent liabilities of Rs.63.0 Cr.
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 15 | 37 | 91 | 212 | 377 | 175 | 211 | 2,449 | 155 | 21 | 1,188 | |
| 0 | 15 | 37 | 90 | 211 | 375 | 170 | 199 | 2,023 | 173 | 136 | 1,247 | |
| Operating Profit | -0 | 0 | 0 | 0 | 1 | 2 | 5 | 12 | 426 | -18 | -116 | -60 |
| OPM % | 1% | 0% | 1% | 0% | 1% | 3% | 5% | 17% | -11% | -554% | -5% | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | -274 | 14 | -755 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 3 | 52 | 3 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 5 |
| Profit before tax | -0 | 0 | 0 | 0 | 1 | 2 | 5 | 11 | 416 | -296 | -155 | -822 |
| Tax % | 0% | 29% | 69% | 30% | 38% | 31% | 28% | 25% | 14% | 0% | 0% | 21% |
| -0 | 0 | 0 | 0 | 0 | 1 | 4 | 8 | 358 | -296 | -155 | -995 | |
| EPS in Rs | -0.04 | 0.03 | 0.01 | 0.07 | 0.10 | 0.33 | 0.76 | 1.69 | 63.78 | -50.51 | -25.32 | -147.76 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 7% | 0% | 2% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 54% |
| 5 Years: | 47% |
| 3 Years: | -21% |
| TTM: | 5596% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -146% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -10% |
| 3 Years: | -72% |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | -14% |
| 5 Years: | -16% |
| 3 Years: | -62% |
| Last Year: | -158% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 1 | 22 | 22 | 22 | 22 | 22 | 24 | 24 | 28 | 31 | 61 | 67 |
| Reserves | 10 | -0 | 0 | 1 | 1 | 3 | 7 | 15 | 409 | 36 | 673 | -319 |
| 0 | 0 | 0 | 0 | 0 | 1 | 12 | 22 | 67 | 66 | 70 | 53 | |
| 0 | 0 | 8 | 4 | 10 | 26 | 32 | 37 | 1,800 | 297 | 438 | 624 | |
| Total Liabilities | 12 | 22 | 31 | 27 | 33 | 52 | 75 | 97 | 2,305 | 429 | 1,242 | 425 |
| 0 | 0 | 0 | 0 | 0 | 1 | 2 | 4 | 12 | 49 | 36 | 30 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 0 | 0 |
| Investments | 12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 42 | 42 | 73 |
| 0 | 22 | 31 | 27 | 33 | 51 | 73 | 93 | 2,285 | 336 | 1,164 | 322 | |
| Total Assets | 12 | 22 | 31 | 27 | 33 | 52 | 75 | 97 | 2,305 | 429 | 1,242 | 425 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| 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 | -19 | -1 | -3 | 0 | 2 | -10 | -7 | -10 | 5 | 26 | -11 | |
| -11 | 11 | -0 | 0 | 0 | -1 | -1 | -2 | -23 | -68 | -11 | 0 | |
| 11 | 10 | 1 | 0 | 0 | 2 | 13 | 9 | 80 | 13 | -15 | 9 | |
| Net Cash Flow | 0 | 3 | 0 | -3 | 0 | 3 | 2 | -0 | 47 | -50 | -0 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 203 | 100 | 64 | 40 | 27 | 100 | 114 | 303 | 136 | 625 | 56 | |
| Inventory Days | 113 | 127 | 25 | 7 | 5 | 33 | 25 | 16 | 13 | 284 | 0 | |
| Days Payable | 0 | 82 | 14 | 16 | 25 | 67 | 62 | 314 | 115 | 1,109 | ||
| Cash Conversion Cycle | 316 | 144 | 75 | 31 | 7 | 67 | 78 | 5 | 34 | -199 | 56 | |
| Working Capital Days | 443 | 191 | 93 | 40 | 21 | 73 | 86 | 63 | 77 | 12,613 | -94 | |
| ROCE % | -0% | 1% | 1% | 2% | 3% | 9% | 15% | 22% | 151% | -4% | -22% | -13% |
Documents
Announcements
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Outcome of Board Meeting
15 October 2020 - Suumaya Lifestyle Limited has informed regarding Board meeting held on October 15, 2020.
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Updates
7 October 2020 - Suumaya Lifestyle Limited has informed regarding 'In-principle approval dated October 6, 2020 for Migration of trading in the equity shares of Suumaya Lifestyle Ltd from …
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Updates
1 October 2020 - Suumaya Lifestyle Limited has informed regarding 'Incorporation of wholly owned subsidiaries'.
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Change in Auditors
1 October 2020 - Suumaya Lifestyle Limited has informed regarding appointment of M/s. Naik Mehta & Co. as a Statutory Auditors of the company.
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Appointment
1 October 2020 - Suumaya Lifestyle Limited has informed regarding Appointment of Ms Ishita Gala as Executive Managing Director of the company w.e.f. September 29, 2020.
Annual reports
Concalls
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Nov 2020TranscriptNotesPPT
Business Overview[1]
Initially the Company was engaged in real-estate business and was listed into ITP segment. After few years, they started dealing in cotton and other fabrics used in manufacturing of women apparels. They are now involved in the business of manufacturing and trading of dress materials, suits, kurtis and other allied goods made from cotton, denim, silk, woolen, leather etc.
The company was only in trading business till 2017 and post- acquisition of partnership firm the company has started manufacturing activity also. Suumaya Industries sells through retail as well as wholesale by following the Omni-Channel Sales strategy.
The promoters have opened 2 exclusive brand outlets (EBOs) in Dubai, by entering in to a master franchisee agreement. They have also opened 7 EBOs by March 2020 [2]