Singer India Ltd

₹ 85.0 1.41%

17 May 3:13 p.m.

About

Incorporated in 1977, Singer India Ltd is in the business of trading /manufacturing of sewing machines, related accessories and also in trading of domestic appliances^[1]

Key Points

Business Overview:^[1]^[2]
The Singer Company Ltd S.a.r.l. and Singer Sourcing LLC, are both affiliates of ~SVP Worldwide.

It is an ISO 9001:2015 certified company having 2 major business segments – Sewing Products and Home appliances. Company assembles and trades sewing machines and home appliances in India under the Singer and the Merritt brands.

Website BSE

Market Cap ₹ 520 Cr.
Current Price ₹ 85.0
High / Low ₹ 134 / 71.7
Stock P/E 215
Book Value ₹ 22.7
Dividend Yield 0.00 %
ROCE 4.11 %
ROE 2.71 %
Face Value ₹ 2.00

Add ratio to table

Edit ratios

Pros

Company is almost debt free.

Cons

Stock is trading at 3.75 times its book value
The company has delivered a poor sales growth of 1.78% over past five years.
Promoter holding is low: 31.0%
Company has a low return on equity of 8.39% over last 3 years.
Earnings include an other income of Rs.7.28 Cr.
Promoter holding has decreased over last 3 years: -28.0%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Engineering Industry: Engineering

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
	127.32	130.07	73.28	127.71	127.21	124.78	109.53	114.79	121.35	114.63	104.60	104.86	102.47
	120.18	123.61	73.87	124.26	123.49	121.46	108.51	112.84	121.79	115.29	105.61	104.99	102.04
Operating Profit	7.14	6.46	-0.59	3.45	3.72	3.32	1.02	1.95	-0.44	-0.66	-1.01	-0.13	0.43
OPM %	5.61%	4.97%	-0.81%	2.70%	2.92%	2.66%	0.93%	1.70%	-0.36%	-0.58%	-0.97%	-0.12%	0.42%
	0.84	0.92	1.84	0.48	0.46	0.04	0.85	7.71	1.62	1.51	1.86	2.55	1.36
Interest	0.04	0.36	0.18	0.17	0.27	0.14	0.09	0.19	0.20	0.11	0.07	0.10	0.09
Depreciation	0.72	0.84	0.69	0.55	0.53	0.51	0.50	0.52	0.51	0.48	0.57	0.69	0.69
Profit before tax	7.22	6.18	0.38	3.21	3.38	2.71	1.28	8.95	0.47	0.26	0.21	1.63	1.01
Tax %	41.97%	20.39%	26.32%	25.55%	22.19%	12.18%	25.00%	26.26%	-8.51%	3.85%	23.81%	25.77%	20.79%
	4.19	4.92	0.28	2.39	2.63	2.38	0.96	6.60	0.51	0.25	0.16	1.21	0.80
EPS in Rs	0.78	0.92	0.05	0.44	0.49	0.44	0.18	1.23	0.09	0.04	0.03	0.20	0.13
Raw PDF

Upcoming result date: 23 May 2024

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2012	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
	153	194	240	281	236	369	422	483	451	415	453	460	427
	145	187	231	272	228	358	408	467	436	396	443	458	428
Operating Profit	8	6	9	9	8	11	14	16	15	19	10	2	-1
OPM %	5%	3%	4%	3%	3%	3%	3%	3%	3%	4%	2%	0%	-0%
	1	4	2	2	2	2	1	2	4	3	3	12	7
Interest	0	0	0	0	0	0	1	2	3	2	1	1	0
Depreciation	0	1	1	1	1	1	1	1	4	3	2	2	2
Profit before tax	9	9	9	10	9	11	13	15	12	16	10	11	3
Tax %	-19%	-64%	24%	33%	33%	32%	29%	37%	35%	34%	21%	24%
	10	15	7	6	6	8	9	9	8	11	8	8	2
EPS in Rs	1.90	2.85	1.30	1.19	1.11	1.42	1.67	1.72	1.51	1.98	1.43	1.36	0.40
Dividend Payout %	0%	11%	23%	42%	45%	49%	45%	46%	0%	51%	70%	0%

Compounded Sales Growth
10 Years:	12%
5 Years:	2%
3 Years:	1%
TTM:	-9%

Compounded Profit Growth
10 Years:	-12%
5 Years:	-20%
3 Years:	-29%
TTM:	-53%

Stock Price CAGR
10 Years:	18%
5 Years:	15%
3 Years:	24%
1 Year:	4%

Return on Equity
10 Years:	14%
5 Years:	10%
3 Years:	8%
Last Year:	3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2012	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	11	11	11	11	11	11	11	11	11	11	11	12	12
Reserves	4	27	31	35	37	42	46	48	54	61	66	124	126
	0	0	0	0	0	3	14	22	20	2	3	2	3
	31	33	41	50	56	62	76	88	84	97	94	85	78
Total Liabilities	45	71	83	95	104	118	147	169	168	171	174	223	219
	2	12	12	12	12	12	12	12	12	11	8	9	9
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	0	0	0	0	0	0	0	2	2	2	2	2	2
	43	59	72	84	91	106	135	155	154	158	164	212	208
Total Assets	45	71	83	95	104	118	147	169	168	171	174	223	219

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2012	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
	5	-1	4	4	4	-7	-5	0	17	29	14	-1
	1	1	-1	-4	-1	5	-1	-2	-2	-4	7	-47
	-1	-0	-2	-2	-3	-3	-5	-9	-6	-6	-4	49
Net Cash Flow	5	0	2	-3	-0	-5	-11	-10	9	18	16	2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2012	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	14	25	29	33	36	34	42	50	46	42	40	31
Inventory Days	56	48	46	48	78	70	74	73	80	94	77	82
Days Payable	28	26	48	51	73	58	69	70	74	87	67	62
Cash Conversion Cycle	42	47	27	30	41	45	47	53	53	49	50	52
Working Capital Days	-4	8	12	14	22	31	42	46	49	39	35	36
ROCE %	90%	37%	24%	23%	20%	23%	22%	21%	18%	23%	14%	4%

Shareholding Pattern

Numbers in percentages

1 Recently

	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
	58.99%	58.99%	57.65%	57.65%	57.65%	35.31%	35.31%	31.00%	31.00%	31.00%	31.00%	31.00%
	0.00%	0.00%	0.93%	0.93%	0.93%	0.00%	0.00%	4.30%	4.30%	4.30%	3.56%	3.17%
	0.88%	0.88%	0.88%	0.88%	0.88%	0.88%	0.88%	0.77%	0.77%	0.77%	0.77%	0.77%
	40.14%	40.14%	40.54%	40.54%	40.54%	63.82%	63.81%	63.93%	63.93%	63.93%	64.68%	65.08%
No. of Shareholders	15,614	17,299	16,494	16,911	17,345	29,696	26,395	25,739	23,785	23,990	25,745	26,068

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	72.40%	60.81%	59.07%	58.99%	58.99%	57.65%	31.00%	31.00%
	0.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.93%	4.30%	3.17%
	1.10%	0.88%	0.88%	0.88%	0.88%	0.88%	0.77%	0.77%
	26.28%	38.32%	40.05%	40.13%	40.14%	40.54%	63.93%	65.08%
No. of Shareholders	11,118	14,736	15,612	15,504	13,732	16,911	25,739	26,068

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Singer India Ltd

Singer India Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings