---
title: "Sudar Industries Ltd (SUDAR) — Share Price, Financials & Analysis"
symbol: "SUDAR"
company: "Sudar Industries Ltd"
canonical: "https://tapetide.com/stocks/SUDAR"
generated_at: "2026-10-13T10:58:22.495Z"
---

# Sudar Industries Ltd (SUDAR)

Canonical page: https://tapetide.com/stocks/SUDAR

## Company

- **Stock Type:** EQUITY
- **Listed Since:** 2011-03-11
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sudarindustries.com

## About

Sudar Industries Limited,Incorporated in India, listed on the Bombay Stock Exchange Limited, and National Stock Exchange Limited, the company is engaged in the business of manufacture & export of readymade garments and chemicals and other intermediates

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.02 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 13.6% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -305% | -72% | -39% |
| revenue growth | -84% | 66% | 76% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 146 | 174 | 223 | 203 | 256 | 253 | 303 | 308 | 136 | 47 | 1 | 0 |
| Expenses | 133 | 156 | 206 | 178 | 219 | 224 | 272 | 278 | 162 | 47 | 26 | 22 |
| Operating Profit | 13 | 18 | 17 | 24 | 36 | 29 | 31 | 30 | -26 | 0 | -25 | -21 |
| OPM % | 9 | 10 | 8 | 12 | 14 | 12 | 10 | 10 | -19 | 0.1 | -4453 | -7163 |
| Other Income | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 6 | 5 | 7 | 7 | 9 | 10 | 9 | 11 | 10 | 9 | 2 | 2 |
| Depreciation | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 |
| Profit before tax | 4 | 10 | 7 | 14 | 24 | 17 | 19 | 16 | -39 | -11 | -29 | -26 |
| Tax % | 32 | 32 | 32 | 32 | 32 | 32 | 32 | 32 | 0 | 0 | 0 | 0 |
| Net Profit | 3 | 7 | 5 | 10 | 16 | 11 | 13 | 11 | -39 | -11 | -29 | -26 |
| EPS in Rs | 1.36 | 2.92 | 2.11 | 4.24 | 7.3 | 5.08 | 5.78 | 4.74 | -17.46 | -5.05 | -12.98 | -11.43 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 8 | 9 | 21 | 53 | 116 | 195 | 437 | 849 | 895 | 183 |
| Expenses | 7 | 7 | 18 | 44 | 96 | 160 | 371 | 754 | 843 | 256 |
| Operating Profit | 0 | 1 | 3 | 9 | 19 | 35 | 66 | 95 | 52 | -73 |
| OPM % | 6 | 15 | 14 | 17 | 17 | 18 | 15 | 11 | 6 | -40 |
| Other Income | 0 | 0 | 0 | 0 | 0 | -1 | 3 | 7 | 0 | 0 |
| Interest | 0 | 1 | 2 | 2 | 5 | 10 | 20 | 28 | 40 | 23 |
| Depreciation | 0 | 0 | 0 | 1 | 3 | 3 | 12 | 13 | 11 | 10 |
| Profit before tax | 0 | 0 | 1 | 6 | 11 | 20 | 38 | 61 | 1 | -106 |
| Tax % | 45 | 24 | 34 | 34 | 39 | 22 | 32 | 32 | 31 | — |
| Net Profit | 0 | 0 | 1 | 4 | 7 | 16 | 26 | 41 | 0 | -106 |
| EPS in Rs | — | — | — | — | 3.62 | 8.47 | 11.36 | 18.25 | 0.16 | -46.92 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Sep 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.43 | 0.9 | 0.9 | 9 | 19 | 19 | 22 | 22 | 22 | 22 |
| Reserves | 0 | 4 | 6 | 10 | 78 | 94 | 141 | 182 | 115 | 82 |
| Borrowings | 3 | 10 | 17 | 29 | 66 | 108 | 159 | 225 | 277 | 288 |
| Other Liabilities | 0 | 1 | 1 | 10 | 5 | 17 | 105 | 164 | 199 | 21 |
| Total Liabilities | 4 | 15 | 25 | 59 | 167 | 237 | 428 | 594 | 614 | 414 |
| Fixed Assets | 1 | 4 | 4 | 26 | 25 | 81 | 113 | 101 | 90 | 86 |
| CWIP | 0 | 5 | 14 | 1 | 23 | 14 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 3 | 3 | 2 | 2 | 5 | 6 | 6 |
| Other Assets | 4 | 5 | 7 | 28 | 116 | 140 | 313 | 487 | 518 | 322 |
| Total Assets | 4 | 15 | 25 | 59 | 167 | 237 | 428 | 594 | 614 | 414 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -1 | -1 | 0 | 1 | -1 | — | 3 | -41 | -63 | -29 |
| Cash from Investing Activity | 0 | 0 | -10 | -8 | -14 | — | -49 | -29 | -4 | -1 |
| Cash from Financing Activity | 1 | 1 | 9 | 7 | 19 | — | 32 | 61 | 63 | 32 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 3 | — | -13 | -10 | -5 | 2 |
| Free Cash Flow | -1 | -1 | -9 | -7 | -12 | — | -46 | -71 | -64 | -29 |
| CFO/OP | -212 | -258 | 20 | 39 | -10 | — | 10 | -63 | -66 | -56 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 57 | 96 | 132 | 85 | 145 | 104 | 178 | 198 | 138 | 146 |
| Inventory Days | 105 | 102 | 113 | 38 | 26 | 44 | 30 | 76 | 63 | 70 |
| Days Payable | 0 | 0 | 0 | 13 | 68 | 19 | 42 | 101 | 44 | 44 |
| Cash Conversion Cycle | 161 | 198 | 244 | 110 | 102 | 129 | 167 | 174 | 158 | 171 |
| Working Capital Days | 103 | 154 | 182 | 106 | 99 | 260 | 201 | 169 | 159 | 169 |
| ROCE % | — | 14 | 11 | 13 | 22 | 15 | 17 | 21 | 24 | 10 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2016-07-21 | [Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended June 30, 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6A7166DB_E338_46B2_9D69_F82735065D2F_121216.pdf) |
| 2016-07-21 | [Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended June 30, 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/7/6A7166DB_E338_46B2_9D69_F82735065D2F_121216.pdf) |
| 2016-05-17 | [Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=AF54F34D_E625_4348_A380_79ADD444E1DA_131433.pdf) |
| 2016-05-17 | [Updates](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/5/AF54F34D_E625_4348_A380_79ADD444E1DA_131433.pdf) |
| 2016-04-20 | [Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended March 31, 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=34B167CF_8DB3_4F5E_8515_2FE9273AB46A_130939.pdf) |
| 2016-04-20 | [Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended March 31, 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/4/34B167CF_8DB3_4F5E_8515_2FE9273AB46A_130939.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/533332/5333320315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/533332/5333320314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/533332/5333320313.pdf) |
| 2013 | [Annual Report 2013](https://archives.nseindia.com/annual_reports/AR_1737_SUDAR_2012_2013_13092013132759.zip) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/533332/5333320312.pdf) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/533332/5333320311.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:58:22.495Z.