Sumeet Industries Reports 230% Surge in H1 FY26 Net Profit; EPS Rises 243% YoY

Surat (Gujarat) [India], November 13: Sumeet Industries Limited, (NSE Code: SUMEETINDS, BSE Code: 514211), one of the leading integrated polyester manufacturers engaged in the production of Pet Chips, Partially Oriented Yarn(POY), Fully Drawn Yarn (FDY) and Polyester Texturized Yarn, has announced its Unaudited Financial Results for H1 FY26.

Key Consolidated Financial Highlights of H1 FY26

  • Total Income of ₹ 520.83 Cr, YoY growth of 2.35%
  • EBITDA of ₹ 31.17 Cr
  • EBITDA Margin of 5.98%, YoY growth of 597 Bps
  • Profit After Tax of ₹ 17.84 Cr, YoY growth of 230.34%
  • Profit After Tax Margin of 3.42%, YoY growth of 236 Bps
  • EPS* of ₹ 1.68, YoY growth of 242.86%

*EPS taken on base Value  10

Commenting on the performance, Mr. Pratik R. Jaju, Managing Director of Sumeet Industries Limited said, “The second quarter has been a period of steady operational performance for us. We witnessed consistent demand in our polyester yarn segment, supported by a more balanced product mix and improved process efficiency. Our continued focus on operational discipline and optimization initiatives has helped us sustain margins in a competitive market environment.

The Board has initiated the process for expanding our FDY capacity by around 30,000 tonnes per annum with an investment of ₹ 75 Cr. Once completed, this strategic expansion is expected to strengthen our presence in the value-added synthetic yarn space and enhance both scale and profitability.

On the sustainability front, a 14 MW (DC) solar renewable power plant under the captive model has been installed and commissioned. We expect this initiative to deliver tangible benefits in terms of energy cost savings. We are also evaluating additional renewable power options, including wind and hybrid sources, to further reduce our energy costs and carbon footprint.”

Key Highlights

  • Capacity Expansion: The Board has approved a 30,000 TPA expansion for value-added synthetic yarns at a project cost of ₹75 crore, expected to add ₹300 Cr in annual revenue and boost profitability.
  • Solar Power Commissioning: The Company has commissioned a 14.00 MW (DC) captive solar power plant under a PPA arrangement, leading to significant savings in power costs.

If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

Business Maximus International Limited

Maximus International Limited Reports Strong Q2 & H1 FY2025-26 Results; Robust Growth in Profitability and Financial Strength

New Delhi [India], November 13: Maximus International Limited, a leading manufacturer and exporter of specialty lubricants and petroleum products, announced its financial results (limitedly reviewed) for the quarter and half year ended 30th September 2025, posting robust growth across revenue, profitability, and key financial metrics. Key Consolidated Financial Highlights (INR in Lakhs): Quarter-on-Quarter (QoQ) Performance […]

Read More
Business Cupid Limited

Cupid Limited Posts Best-Ever Quarterly Performance in Q2 FY26; Reiterates FY26 Topline Guidance Of INR 335 Cr with Upside Potential

Mumbai (Maharashtra) [India], November 13: Cupid Limited (Cupid, The Company), today announced that it has delivered the strongest quarter in its history during Q2 FY26 (quarter ended 30 September 2025). Momentum remains strong, with the Company tracking a better run-rate in Q3 & Q4 both of which are shaping up to be a record quarters. Predominantly H2 has always been […]

Read More
Business Dale VAZ Reedhi Mukherjee Sahi

Sahi Unveils New Brand Film, Urging Traders to Ditch Outdated Tools and Embrace High-Performance Trading

(L-R) Dale VAZ, CEO SAHI, Reedhi Mukherjee, HEAD OF BRAND SAHI New Delhi [India], November 13: Sahi, India’s new-age broker and high-performance trading platform, launched a powerful new brand film inspiring traders to upgrade from outdated technology and embrace a faster, smarter, and more powerful trading experience. Drawing inspiration from India’s post-festive ritual of renewal, […]

Read More