NSEPress Release3d ago · 6 Nov 2026, 12:07 pm

Press Release

Sumit Woods Limited · SUMIT

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Sumit Woods Limited, a Mumbai-based real estate developer, has announced its unaudited financial results for the half year ended September 30, 2026 (H1 FY 2026–27), showing strong growth in both revenue and profitability on a standalone and consolidated basis.

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Earnings Impact9/10
Growth Catalyst8/10
Governance Concern1/10
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Market Sentiment9/10

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Full Announcement

Sumit Woods Limited has informed the Exchange regarding a press release dated November 06, 2026, titled "Sumit Woods Limited-Press Release-Financial Results - H1 FY27 Performance".

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Press Release Financial Results | H1 FY 2026–27 Sumit Woods Delivers Strong H1 FY27 Performance Standalone Revenue up 55% and Standalone PAT up 58% YoY Consolidated Revenue up 49% YoY | Consolidated PAT up 40% YoY Key Highlights – H1 FY 2026–27 ▪ Standalone Revenue from Operations at ₹81.09 crore, up ~55% YoY (₹52.35 crore in H1 FY26). ▪ Standalone Profit After Tax at ₹6.24 crore, up ~58% YoY (₹3.96 crore in H1 FY26). ▪ Standalone Profit Before Tax at ₹8.39 crore, up ~60% YoY; Standalone EPS improved to ₹1.30 (from ₹0.87). ▪ Consolidated Revenue from Operations at ₹81.83 crore, up ~49% YoY; Consolidated PAT at ₹5.07 crore, up ~40% YoY. ▪ Closing cash & cash equivalents (standalone) rose to ₹11.07 crore (from ₹2.96 crore), on net cash inflow of ₹8.12 crore. Mumbai, November 2026: Sumit Woods Limited (NSE: SUMIT), a Mumbai-based real estate developer engaged in premium residential and commercial redevelopment projects across the Mumbai Metropolitan Region, announced its unaudited financial results for the half year ended September 30, 2026 (H1 FY 2026–27). The Company delivered strong growth in both revenue and profitability on a standalone and consolidated basis. Standalone Performance – H1 FY 2026–27 Revenue and Income Revenue from Operations increased approximately 55% to ₹81.09 crore, compared with ₹52.35 crore in the corresponding half year. Total Income rose about 53% to ₹84.30 crore from ₹55.18 crore. Profitability Profit Before Tax grew around 60% to ₹8.39 crore (against ₹5.24 crore), while Profit After Tax rose about 58% to ₹6.24 crore from ₹3.96 crore. Earnings Per Share improved to ₹1.30 from ₹0.87 in the corresponding period. Exceptional Item During the period, the Company reassessed the recoverability of certain intangible work-in-progress relating to a project and wrote off ₹49.78 lakh as the related project is not expected to generate future economic benefits. This one-time write-off should be viewed separately from the Company’s regular operating performance. Cash Flow and Financial Position Total assets increased to ₹348.57 crore as at September 30, 2026 (from ₹300.61 crore as at March 31, 2026), mainly driven by higher inventories and project-related investments. Inventories stood at ₹212.96 crore (from ₹172.78 crore). The Company reported a net cash inflow of ₹8.12 crore during the half year, with closing cash and cash equivalents rising to ₹11.07 crore from ₹2.96 crore. Other Key Developments ▪ Lapse of 1,75,000 convertible warrants as the holders did not exercise their conversion option within the prescribed period; the upfront amount received was forfeited and transferred to Capital Reserve under Other Equity, with no impact on the Statement of Profit and Loss. Sumit Woods Limited (Formerly Known as “Sumit Woods Private Limited”) B-1101, Express Zone, Diagonally Opp. to Oberoi Mall, W.E. Highway, Malad (East), Mumbai – 400 097 Tel.: 022-2874 9966 / 77 • Fax: 022-2874 3377 • Email: contact@sumitwoods.com • www.sumitwoods.com CIN No.: L36101MH1997PLC152192 Page 1 of 3 Press Release Financial Results | H1 FY 2026–27 ▪ The Company paid the dividend for FY 2025–26 to its eligible shareholders in accordance with applicable provisions. Standalone Financial Summary Particulars H1 FY27 H1 FY26 Growth YoY Revenue from Operations 81.09 52.35 54.90% Total Income 84.30 55.18 52.80% Total Expenses 75.91 49.94 52.00% Profit Before Tax 8.39 5.24 60.10% Profit After Tax 6.24 3.96 57.60% EPS (₹) 1.30 0.87 49.40% All figures in ₹ crore except EPS. Consolidated Performance – H1 FY 2026–27 Revenue On a consolidated basis, Revenue from Operations increased about 49% to ₹81.83 crore from ₹55.09 crore, and Total Income rose around 48% to ₹84.09 crore from ₹56.81 crore. Profitability Consolidated Profit Before Tax grew about 28% to ₹7.18 crore (from ₹5.60 crore), and Profit After Tax increased around 40% to ₹5.07 crore from ₹3.62 crore. Profit attributable to owners of the Company stood at ₹5.10 crore (from ₹3.72 crore), and EPS improved to ₹1.07 from ₹0.82. Financial Position Consolidated total assets increased to ₹462.23 crore as at September 30, 2026 (from ₹402.93 crore as at March 31, 2026). Inventories rose to ₹341.75 crore from ₹284.92 crore, mainly reflecting continued investment in ongoing real estate projects and development activities. Consolidated Financial Summary Particulars H1 FY27 H1 FY26 Growth YoY Revenue from Operations 81.83 55.09 48.50% Total Income 84.09 56.81 48.00% Profit Before Tax 7.18 5.60 28.30% Profit After Tax 5.07 3.62 40.00% PAT attributable to owners 5.10 3.72 37.00% EPS (₹) 1.07 0.82 30.50% All figures in ₹ crore except EPS. Sumit Woods Limited (Formerly Known as “Sumit Woods Private Limited”) B-1101, Express Zone, Diagonally Opp. to Oberoi Mall, W.E. Highway, Malad (East), Mumbai – 400 097 Tel.: 022-2874 9966 / 77 • Fax: 022-2874 3377 • Email: contact@sumitwoods.com • www.sumitwoods.com CIN No.: L36101MH1997PLC152192 Page 2 of 3 Press Release Financial Results | H1 FY 2026–27 About Sumit Woods Limited Sumit Woods Limited (formerly Sumit Woods Private Limited) is a Mumbai-based real estate developer engaged in the development of premium residential and commercial projects across the Mumbai Metropolitan Region. Listed on the National Stock Exchange of India under the symbol SUMIT, the Company is focused on redevelopment and value creation in high-demand micro-markets, and remains committed to delivering quality developments for its customers and long-term value for its stakeholders. Disclaimer Some of the statements in this communication may be ‘forward-looking’ statements within the meaning of applicable laws and regulations. Actual results might differ substantially from those expressed or implied. Important developments that could affect the Company’s operations include changes in the industry structure, significant changes in the political and economic environment in India and overseas, tax laws, duties, litigation and labour relations. Investor / Media Contact contact@sumitwoods.com | www.sumitwoods.com Sumit Woods Limited (Formerly Known as “Sumit Woods Private Limited”) B-1101, Express Zone, Diagonally Opp. to Oberoi Mall, W.E. Highway, Malad (East), Mumbai – 400 097 Tel.: 022-2874 9966 / 77 • Fax: 022-2874 3377 • Email: contact@sumitwoods.com • www.sumitwoods.com CIN No.: L36101MH1997PLC152192 Page 3 of 3