Balance Sheet

SUMEET INDUSTRIES LTD.

NSE : SUMEETINDSBSE : 514211ISIN CODE : INE235C01010Industry : Textile - SpinningHouse : Private
BSE1.99-0.1 (-4.78 %)
PREV CLOSE ( ) 2.09
OPEN PRICE ( ) 2.03
BID PRICE (QTY) 0.00 (0)
OFFER PRICE (QTY) 0.00 (0)
VOLUME 180474
TODAY'S LOW / HIGH ( )1.99 2.10
52 WK LOW / HIGH ( )1.99 5.25
NSE2.00-0.1 (-4.76 %)
PREV CLOSE( ) 2.10
OPEN PRICE ( ) 2.10
BID PRICE (QTY) 0.00 (0)
OFFER PRICE (QTY) 0.00 (0)
VOLUME 451114
TODAY'S LOW / HIGH( ) 2.00 2.10
52 WK LOW / HIGH ( )2 5.3
Select year
( in Million)
ParticularsMar2023Mar2022Mar2021Mar2020Mar2019
EQUITY AND LIABILITIES
Share Capital1036.421036.421036.421036.421036.42
    Equity - Authorised1450.001450.001450.001450.001450.00
    Equity - Issued1036.421036.421036.421036.421036.42
    Equity Paid Up1036.421036.421036.421036.421036.42
    Equity Shares Forfeited0.000.000.000.000.00
    Adjustments to Equity0.000.000.000.000.00
    Preference Capital Paid Up0.000.000.000.000.00
    Face Value10.0010.0010.0010.0010.00
Share Warrants & Outstandings0.000.000.000.000.00
Total Reserves-2199.79-1564.64-1580.15-1573.84-190.53
    Securities Premium674.12674.12674.12674.12674.12
    Capital Reserves2.502.502.502.502.50
    Profit & Loss Account Balance-2956.71-2369.49-2407.20-2335.87-936.45
    General Reserves60.3260.3260.3257.356.21
    Other Reserves19.9867.9190.1128.0663.10
Reserve excluding Revaluation Reserve-2199.79-1564.64-1580.15-1573.84-190.53
Revaluation reserve0.000.000.000.000.00
Shareholder's Funds-1163.37-528.22-543.72-537.41845.90
Minority Interest0.000.000.000.000.00
Long-Term Borrowings0.000.000.000.000.00
Secured Loans0.002.402.4050.21802.91
    Non Convertible Debentures0.000.000.000.000.00
    Converible Debentures & Bonds0.000.000.000.000.00
    Packing Credit - Bank0.000.000.000.000.00
    Inter Corporate & Security Deposit0.000.000.000.000.00
    Term Loans - Banks0.000.000.000.11748.01
    Term Loans - Institutions0.000.000.000.000.00
    Other Secured0.002.402.4050.1054.90
Unsecured Loans412.45462.20317.04346.26361.30
    Fixed Deposits - Public0.000.000.000.000.00
    Loans and advances from subsidiaries0.000.000.000.000.00
    Inter Corporate Deposits (Unsecured)0.000.000.000.000.00
    Foreign Currency Convertible Notes0.000.000.000.000.00
    Long Term Loan in Foreign Currency0.000.000.000.000.00
    Loans - Banks0.000.000.000.000.00
    Loans - Govt.0.000.000.000.000.00
    Loans - Others112.45162.2017.0446.2661.30
    Other Unsecured Loan300.00300.00300.00300.00300.00
Deferred Tax Assets / Liabilities326.17376.65433.74483.57549.15
    Deferred Tax Assets0.000.000.000.000.00
    Deferred Tax Liability326.17376.65433.74483.57549.15
Other Long Term Liabilities15.040.010.065.035.01
Long Term Trade Payables0.000.000.000.000.00
Long Term Provisions31.0627.3722.8722.9718.47
Total Non-Current Liabilities784.71868.64776.11908.041736.84
Current Liabilities
Trade Payables384.11493.00357.441356.49661.63
    Sundry Creditors384.11493.00357.441356.49661.63
    Acceptances0.000.000.000.000.00
    Due to Subsidiaries- Trade Payables0.000.000.000.000.00
Other Current Liabilities707.701284.681363.341305.51507.23
    Bank Overdraft / Short term credit0.000.000.000.000.00
    Advances received from customers0.012.677.8910.955.32
    Interest Accrued But Not Due67.7667.9872.4172.4175.44
    Share Application Money0.000.000.000.000.00
    Current maturity of Debentures & Bonds0.000.000.000.000.00
    Current maturity - Others0.000.000.000.000.00
    Other Liabilities639.931214.031283.031222.15426.48
Short Term Borrowings3834.213847.994296.884414.924216.01
    Secured ST Loans repayable on Demands3834.213847.994296.884414.924216.01
    Working Capital Loans- Sec3675.093688.874122.694261.623724.10
    Buyers Credits - Unsec0.000.000.000.000.00
    Commercial Borrowings- Unsec0.000.000.000.000.00
    Other Unsecured Loans-3675.09-3688.87-4122.69-4261.62-3724.10
Short Term Provisions1.341.231.204.20128.93
    Proposed Equity Dividend0.000.000.000.000.00
    Provision for Corporate Dividend Tax0.000.000.000.000.00
    Provision for Tax1.341.231.204.20128.93
    Provision for post retirement benefits0.000.000.000.000.00
    Preference Dividend0.000.000.000.000.00
    Other Provisions0.000.000.000.000.00
Total Current Liabilities4927.355626.906018.857081.125513.80
Total Liabilities4548.695967.316251.237451.758096.53
ASSETS
Gross Block5867.875860.275856.755840.534274.06
Less: Accumulated Depreciation4019.263745.023438.823081.221176.60
Less: Impairment of Assets0.000.000.000.000.00
Net Block1848.612115.252417.942759.313097.46
Lease Adjustment A/c0.000.000.000.000.00
Capital Work in Progress0.000.000.000.000.00
Non Current Investments0.441.210.8938.85128.76
Long Term Investment0.441.210.8938.85128.76
    Quoted0.381.150.830.638.72
    Unquoted0.060.060.0638.22120.05
Long Term Loans & Advances153.05239.04263.11418.23354.06
Other Non Current Assets0.000.000.000.000.00
Total Non-Current Assets2002.102355.502681.933216.393580.28
Current Assets Loans & Advances
Currents Investments0.000.000.000.000.00
    Quoted0.000.000.000.000.00
    Unquoted0.000.000.000.000.00
Inventories1029.921556.141633.761701.121696.45
    Raw Materials248.35244.43275.6069.8752.96
    Work-in Progress263.55333.86351.64490.25566.90
    Finished Goods98.61505.18549.30637.76616.18
    Packing Materials0.000.000.000.000.00
    Stores  and Spare419.42472.67457.21503.24460.42
    Other Inventory0.000.000.000.000.00
Sundry Debtors1047.821165.261041.101559.491639.43
    Debtors more than Six months38.100.00148.920.000.00
    Debtors Others1009.721165.26892.191559.491639.43
Cash and Bank46.273.068.345.15111.80
    Cash in hand0.180.010.020.131.28
    Balances at Bank46.093.068.325.02110.52
    Other cash and bank balances0.000.000.000.000.00
Other Current Assets53.39484.17483.62427.37486.08
    Interest accrued on Investments0.000.000.000.000.00
    Interest accrued on Debentures0.000.000.000.000.00
    Deposits with Government0.000.000.000.000.00
    Interest accrued and or due on loans0.000.000.000.000.00
    Prepaid Expenses0.000.000.001.370.52
    Other current_assets53.39484.17483.62426.00485.56
Short Term Loans and Advances369.19403.17402.49542.23582.49
    Advances recoverable in cash or in kind0.000.000.0099.86119.02
    Advance income tax and TDS0.000.001.201.351.35
    Amounts due from directors0.000.000.000.000.00
    Due From Subsidiaries0.000.000.000.000.00
    Inter corporate deposits0.000.000.000.000.00
    Corporate Deposits0.000.000.000.000.00
    Other Loans & Advances369.19403.17401.29441.02462.12
Total Current Assets2546.603611.813569.304235.364516.25
Net Current Assets (Including Current Investments)-2380.75-2015.09-2449.55-2845.77-997.55
Miscellaneous Expenses not written off0.000.000.000.000.00
Total Assets4548.695967.316251.237451.758096.53
Contingent Liabilities10.34584.46651.73181.89178.25
Total Debt4823.555445.045831.175981.665748.24
Book Value-11.22-5.10-5.25-5.198.16
Adjusted Book Value-11.22-5.10-5.25-5.198.16

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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:

1. SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.