Sumeet Industries Limited reported a profit after tax of ₹27.33 Cr for the financial year ended March 31, 2026, returning to profitability from a loss in the previous year. The company's total income rose 4.78% to ₹1,053.81 Cr, while EBITDA surged 313.84% to ₹60.77 Cr. For the quarter ended March 31, 2026, the company posted a PAT of ₹7.50 Cr on a total income of ₹266.98 Cr.

The Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026. M/s. H T K S & Co., Chartered Accountants, the statutory auditors, issued the audit reports with a qualified opinion regarding interest payable under the MSMED Act, 2006, which has not been ascertained. The auditors also noted an emphasis of matter concerning the absence of a bank statement for a balance of ₹10,000 in Central Bank of India and the lack of a no-dues certificate from IDBI Bank regarding a resolution plan.

Strategic Acquisition and Expansion

During the quarter, the company achieved a strategic milestone by being declared the H1 Bidder for the acquisition of Nakoda’s Phase 3 Polyester Chips manufacturing assets under CIRP at a value of ₹23.47 Cr. This acquisition provides access to 400 TPD polyester chips capacity, strengthening backward integration for POY and FDY manufacturing operations. The Board has also approved Phase 1 of a polyester yarn capacity expansion involving an addition of 15,000 tonnes per annum with an investment of ₹30 Cr.

Financial Performance (Consolidated)

Q4 FY26 Performance

For the quarter ended March 31, 2026, Total Income stood at ₹266.98 Cr, a YoY growth of 9.53%. EBITDA for the quarter was ₹14.68 Cr, a YoY growth of 113.58%, with an EBITDA margin of 5.50%. PAT for the quarter was ₹7.50 Cr with a margin of 2.81%.

The consolidated results include the financials of Sumeet Global PTE Limited, a wholly-owned subsidiary, and Hi-Urja Techno LLP, an associate. The company has invested a 27% stake in Hi-Urja Techno LLP, a Solar Power Generating Plant with an installed capacity of 14 MW. The earnings per share (EPS) for the year stood at ₹0.53 on a basic basis.

Sumeet Industries Limited has informed the stock exchanges regarding a disclosure submitted by its promoter concerning the status of share encumbrances for the financial year ended March 31, 2026. The communication was addressed to BSE Limited and the National Stock Exchange of India Ltd.

Declaration Under SEBI Regulations

Mr. Radheshyam B Jaju, Promoter of sumeet industries , submitted the required disclosure on behalf of the promoter and promoter group. This submission was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration covers the activities of the group as well as Persons Acting in Concert (PAC).

Status of Encumbrances

The disclosure explicitly states that the members of the Promoter and Promoter Group have not made any encumbrance on the shares, either directly or indirectly, during the financial year ended March 31, 2026. This confirmation applies to all shares held by the group, excluding those encumbrances that had already been disclosed to the exchanges prior to this period.

The company has forwarded this declaration to the exchanges for their information and official records. The confirmation ensures that the shareholding structure remains free of undisclosed charges or liens for the reported period.