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- SUMIT
SUMIT
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Share Price
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Forensics
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- 6M
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Summary
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Revenue Mix
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Recent events
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News
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Corporate Actions
India's Sumit Woods rises after permission for residential project
** Shares of Sumit Woods SUMW.NS rise 2.2% to 107.20 rupees, set to gain for third straight session
** Real estate co gets Brihanmumbai Municipal Corporation's permission for development and building for SUMIT KMR PARAM residential project in Borivali West, Mumbai
** Revenue potential of project is around 4 bln rupees ($46.4 mln)
** Tarding vols at 42,852 shares, 1.3x the 30-day average
** SUMW down ~25% YTD
($1 = 86.2980 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Sumit Woods SUMW.NS rise 2.2% to 107.20 rupees, set to gain for third straight session
** Real estate co gets Brihanmumbai Municipal Corporation's permission for development and building for SUMIT KMR PARAM residential project in Borivali West, Mumbai
** Revenue potential of project is around 4 bln rupees ($46.4 mln)
** Tarding vols at 42,852 shares, 1.3x the 30-day average
** SUMW down ~25% YTD
($1 = 86.2980 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
Sumit Woods Secures Occupation Certificate For Gurukrishna Project With 97% Of Units Sold
March 17 (Reuters) - Sumit Woods Ltd SUMW.NS:
SUMIT WOODS - SECURES OCCUPATION CERTIFICATE FOR GURUKRISHNA PROJECT WITH 97% OF UNITS SOLD
Source text: [ID:]
Further company coverage: SUMW.NS
(([email protected];))
March 17 (Reuters) - Sumit Woods Ltd SUMW.NS:
SUMIT WOODS - SECURES OCCUPATION CERTIFICATE FOR GURUKRISHNA PROJECT WITH 97% OF UNITS SOLD
Source text: [ID:]
Further company coverage: SUMW.NS
(([email protected];))
Sumit Woods Says Selected As Developer For New Project At Prabhadevi In Mumbai
Dec 16 (Reuters) - Sumit Woods Ltd SUMW.NS:
SUMIT WOODS LTD - SELECTED AS DEVELOPER FOR NEW PROJECT AT PRABHADEVI IN MUMBAI
SUMIT WOODS LTD - PROJECT AT PRABHADEVI TO OFFER GROSS DEVELOPMENT VALUE OF AROUND 5 BILLION RUPEES
Further company coverage: SUMW.NS
(([email protected];))
Dec 16 (Reuters) - Sumit Woods Ltd SUMW.NS:
SUMIT WOODS LTD - SELECTED AS DEVELOPER FOR NEW PROJECT AT PRABHADEVI IN MUMBAI
SUMIT WOODS LTD - PROJECT AT PRABHADEVI TO OFFER GROSS DEVELOPMENT VALUE OF AROUND 5 BILLION RUPEES
Further company coverage: SUMW.NS
(([email protected];))
Sumit Woods Injects Fresh Capital Of 860 Million Rupees To Power Future Projects
Dec 11 (Reuters) - Sumit Woods Ltd SUMW.NS:
SUMIT WOODS LTD - INJECTS FRESH CAPITAL OF 860 MILLION RUPEES TO POWER FUTURE PROJECTS
Source text: [ID:]
Further company coverage: SUMW.NS
(([email protected];))
Dec 11 (Reuters) - Sumit Woods Ltd SUMW.NS:
SUMIT WOODS LTD - INJECTS FRESH CAPITAL OF 860 MILLION RUPEES TO POWER FUTURE PROJECTS
Source text: [ID:]
Further company coverage: SUMW.NS
(([email protected];))
Sumit Woods Says Sumit Luxe Venture Enters Into Re-Development Project In Mumbai
Oct 11 (Reuters) - Sumit Woods Ltd SUMW.NS:
SUMIT LUXE VENTURE ENTERS INTO RE-DEVELOPMENT PROJECT IN MUMBAI
MUMBAI PROJECT HAS GROSS DEVELOPMENT VALUE OF ABOUT 850 MILLION RUPEES
Source text for Eikon: ID:nNSE1q2Mb1
Further company coverage: SUMW.NS
(([email protected];;))
Oct 11 (Reuters) - Sumit Woods Ltd SUMW.NS:
SUMIT LUXE VENTURE ENTERS INTO RE-DEVELOPMENT PROJECT IN MUMBAI
MUMBAI PROJECT HAS GROSS DEVELOPMENT VALUE OF ABOUT 850 MILLION RUPEES
Source text for Eikon: ID:nNSE1q2Mb1
Further company coverage: SUMW.NS
(([email protected];;))
Sumit Woods Says Sold Inventory Of 1.15 Bln Rupees In Last Two Weeks
Sept 17 (Reuters) - Sumit Woods Ltd SUMW.NS:
SOLD INVENTORY OF 1.15 BILLION RUPEES IN LAST TWO WEEKS
Source text for Eikon: ID:nNSE7xnf7h
Further company coverage: SUMW.NS
(Reporting by VijayDattaram Malkar)
(([email protected];))
Sept 17 (Reuters) - Sumit Woods Ltd SUMW.NS:
SOLD INVENTORY OF 1.15 BILLION RUPEES IN LAST TWO WEEKS
Source text for Eikon: ID:nNSE7xnf7h
Further company coverage: SUMW.NS
(Reporting by VijayDattaram Malkar)
(([email protected];))
Sumit Woods Got Occupation Cum Building Completion Certificate For A Mumbai Project
July 11 (Reuters) - Sumit Woods Ltd SUMW.NS:
GOT OCCUPATION CUM BUILDING COMPLETION CERTIFICATE FOR PROJECT IN MUMBAI
Further company coverage: SUMW.NS
(([email protected];))
July 11 (Reuters) - Sumit Woods Ltd SUMW.NS:
GOT OCCUPATION CUM BUILDING COMPLETION CERTIFICATE FOR PROJECT IN MUMBAI
Further company coverage: SUMW.NS
(([email protected];))
Sumit Woods Selected To Redevelop Dattani Trade Center Co-Operative Society Premises
July 1 (Reuters) - Sumit Woods Ltd SUMW.NS:
SELECTED TO REDEVELOP DATTANI TRADE CENTER CO-OPERATIVE SOCIETY PREMISES, MUMBAI
PROJECT HAS POTENTIAL REVENUE OF 4.5 BILLION RUPEES
Further company coverage: SUMW.NS
(([email protected];))
July 1 (Reuters) - Sumit Woods Ltd SUMW.NS:
SELECTED TO REDEVELOP DATTANI TRADE CENTER CO-OPERATIVE SOCIETY PREMISES, MUMBAI
PROJECT HAS POTENTIAL REVENUE OF 4.5 BILLION RUPEES
Further company coverage: SUMW.NS
(([email protected];))
Sumit Woods Gets Commencement Certificate For Project, Sumit KMR Param
March 6 (Reuters) - Sumit Woods Ltd SUMW.NS:
ANNOUNCES RECEIPT OF COMMENCEMENT CERTIFICATE FOR PROJECT, SUMIT KMR PARAM
VENTURE IS EXPECTED TO YIELD ABOUT 3.50 BILLION RUPEES IN REVENUE
Source text for Eikon: ID:nNSEnjGZy
Further company coverage: SUMW.NS
(([email protected];;))
March 6 (Reuters) - Sumit Woods Ltd SUMW.NS:
ANNOUNCES RECEIPT OF COMMENCEMENT CERTIFICATE FOR PROJECT, SUMIT KMR PARAM
VENTURE IS EXPECTED TO YIELD ABOUT 3.50 BILLION RUPEES IN REVENUE
Source text for Eikon: ID:nNSEnjGZy
Further company coverage: SUMW.NS
(([email protected];;))
Sumit Woods Says Sumit Group Is Making Significant Move Into Society Redevelopment In Mumbai
Nov 28 (Reuters) - Sumit Woods Ltd SUMW.NS:
SUMIT GROUP IS MAKING SIGNIFICANT MOVE INTO SOCIETY REDEVELOPMENT IN MUMBAI
PRIME LOCATION PROJECT EXPECTED TO GENERATE AROUND 2.3 BILLION RUPEES IN REVENUE
CO PARTNERS WITH JAY SHIVAM CO-OPERATIVE HOUSING SOCIETY FOR PROJECT IN MALAD EAST
Source text for Eikon: ID:nNSEgn651
Further company coverage: SUMW.NS
(([email protected];))
Nov 28 (Reuters) - Sumit Woods Ltd SUMW.NS:
SUMIT GROUP IS MAKING SIGNIFICANT MOVE INTO SOCIETY REDEVELOPMENT IN MUMBAI
PRIME LOCATION PROJECT EXPECTED TO GENERATE AROUND 2.3 BILLION RUPEES IN REVENUE
CO PARTNERS WITH JAY SHIVAM CO-OPERATIVE HOUSING SOCIETY FOR PROJECT IN MALAD EAST
Source text for Eikon: ID:nNSEgn651
Further company coverage: SUMW.NS
(([email protected];))
Sumit Woods Re-Appoints Mitaram Jangid As MD
June 22 (Reuters) - Sumit Woods Ltd SUMW.NS:
RE-APPOINTS MITARAM JANGID AS MD
Source text for Eikon: ID:nNSE6bvmhT
Further company coverage: SUMW.NS
(([email protected];))
June 22 (Reuters) - Sumit Woods Ltd SUMW.NS:
RE-APPOINTS MITARAM JANGID AS MD
Source text for Eikon: ID:nNSE6bvmhT
Further company coverage: SUMW.NS
(([email protected];))
Events:
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Popular questions
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Business
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Financials
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Share Price
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Shareholdings
What does Sumit Woods do?
Sumit Woods is involved in manufacturing and trading wooden furniture for various purposes, as well as construction and development of various properties such as houses, commercial establishments, and infrastructure like bridges and roads.
Who are the competitors of Sumit Woods?
Sumit Woods major competitors are Vishnusurya Projects, Nila Spaces, Modi's Navnirman, Supreme Hold & Hosp., Prozone Realty, Nila Infrastructures, B-Right Real Estate. Market Cap of Sumit Woods is ₹494 Crs. While the median market cap of its peers are ₹436 Crs.
Is Sumit Woods financially stable compared to its competitors?
Sumit Woods seems to be less financially stable compared to its competitors. Altman Z score of Sumit Woods is 3.48 and is ranked 5 out of its 8 competitors.
Does Sumit Woods pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Sumit Woods latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Sumit Woods allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Sumit Woods balance sheet?
Balance sheet of Sumit Woods is strong. But short term working capital might become an issue for this company.
Is the profitablity of Sumit Woods improving?
Yes, profit is increasing. The profit of Sumit Woods is ₹12.09 Crs for TTM, ₹8.99 Crs for Mar 2024 and ₹7.64 Crs for Mar 2023.
Is the debt of Sumit Woods increasing or decreasing?
The debt of Sumit Woods is decreasing. Latest debt of Sumit Woods is ₹79.53 Crs as of Sep-24. This is less than Mar-24 when it was ₹111 Crs.
Is Sumit Woods stock expensive?
Yes, Sumit Woods is expensive. Latest PE of Sumit Woods is 41.6, while 3 year average PE is 19.55. Also latest EV/EBITDA of Sumit Woods is 22.61 while 3yr average is 19.7.
Has the share price of Sumit Woods grown faster than its competition?
Sumit Woods has given better returns compared to its competitors. Sumit Woods has grown at ~52.53% over the last 1yrs while peers have grown at a median rate of 4.4%
Is the promoter bullish about Sumit Woods?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Sumit Woods is 58.3% and last quarter promoter holding is 65.03%
Are mutual funds buying/selling Sumit Woods?
There is Insufficient data to gauge this.