According to reports from Business Standard, Suditi Industries reported a 21.57% decline in consolidated net profit to ₹1.60 crore in the quarter ended June 2026, compared to ₹2.04 crore in the corresponding quarter of the previous year. The company's financial performance showed significant pressure across key metrics during the first quarter of fiscal 2026.
As reported by Business Standard, the company's sales revenue declined by 39.32% to ₹17.38 crore in Q1 FY2026, down from ₹28.64 crore recorded in the same quarter of the previous financial year. This substantial revenue decline indicates challenging market conditions or operational difficulties that impacted the company's top-line performance during the quarter.
According to the financial data reported by Business Standard, the company's operating profit margin (OPM) stood at 16.05% in Q1 FY2026, compared to 7.44% in the corresponding quarter of the previous year. Additionally, PBDT (Profit Before Depreciation and Tax) declined by 4% to ₹2.67 crore from ₹2.78 crore year-on-year. The PBT (Profit Before Tax) decreased by 18% to ₹1.56 crore from ₹1.90 crore in the same period last year.
As per the latest company data, Suditi Industries operates in the processing and manufacturing of knitted hosiery fabrics and readymade garments, with a market capitalization of ₹402 crore and revenue of ₹110 crore. The company's operations span multiple segments including knitting with 2000 tons annual capacity, dyeing with 12 tons daily capacity, printing and finishing services, and garmenting with 6000 pieces daily production capacity. Despite reporting 21.0% profit CAGR growth over the last 5 years, the company has not been paying dividends to shareholders.
The company's working capital days have increased from -19.7 days to 96.4 days, indicating potential cash flow challenges. Debtor days stand at 176 days, while cash conversion cycle shows 65 days. The promoter holding has decreased by 18.5% over the last 3 years, and the company maintains a high debtor position with interest expenses of ₹3 crore in the latest quarter. Despite these challenges, the company has shown operating profit growth from ₹13 crore to ₹14 crore over the past year.
