Singer India Ltd

Singer India Ltd

₹ 69.9 -4.53%
29 May - close price
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.

  • Market Cap 435 Cr.
  • Current Price 69.9
  • High / Low 95.7 / 55.2
  • Stock P/E 32.7
  • Book Value 28.6
  • Dividend Yield 0.00 %
  • ROCE 10.8 %
  • ROE 7.89 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company's working capital requirements have reduced from 50.3 days to 38.2 days

Cons

  • The company has delivered a poor sales growth of 6.10% over past five years.
  • Promoter holding is low: 30.5%
  • Company has a low return on equity of 5.38% over last 3 years.
  • Earnings include an other income of Rs.6.29 Cr.

* 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
114.63 104.60 104.86 102.47 113.48 98.69 105.76 105.55 121.67 92.10 137.90 161.01 166.32
115.29 105.61 104.99 102.04 111.33 98.72 105.05 104.74 117.53 95.84 133.64 153.25 159.40
Operating Profit -0.66 -1.01 -0.13 0.43 2.15 -0.03 0.71 0.81 4.14 -3.74 4.26 7.76 6.92
OPM % -0.58% -0.97% -0.12% 0.42% 1.89% -0.03% 0.67% 0.77% 3.40% -4.06% 3.09% 4.82% 4.16%
1.51 1.86 2.55 1.36 1.89 1.47 1.61 1.79 2.13 1.34 1.63 0.91 2.41
Interest 0.11 0.07 0.10 0.09 0.08 0.06 0.10 0.08 0.07 0.06 0.06 0.17 0.17
Depreciation 0.48 0.57 0.69 0.69 0.68 0.63 0.55 0.54 0.57 0.78 0.61 1.19 1.12
Profit before tax 0.26 0.21 1.63 1.01 3.28 0.75 1.67 1.98 5.63 -3.24 5.22 7.31 8.04
Tax % 3.85% 23.81% 25.77% 20.79% 28.96% 25.33% 23.95% 23.74% 28.06% -27.16% 26.63% 26.27% 26.62%
0.25 0.16 1.21 0.80 2.33 0.56 1.27 1.51 4.05 -2.36 3.83 5.39 5.90
EPS in Rs 0.04 0.03 0.20 0.13 0.38 0.09 0.21 0.24 0.66 -0.38 0.62 0.87 0.95
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Jun 2015 Mar 2016 9m Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
281 236 369 422 483 451 415 453 460 425 432 557
272 228 358 408 467 436 396 443 458 424 426 542
Operating Profit 9 8 11 14 16 15 19 10 2 2 6 15
OPM % 3% 3% 3% 3% 3% 3% 4% 2% 0% 0% 1% 3%
2 2 2 1 2 4 3 3 12 8 7 6
Interest 0 0 0 1 2 3 2 1 1 1 0 0
Depreciation 1 1 1 1 1 4 3 2 2 3 2 4
Profit before tax 10 9 11 13 15 12 16 10 11 6 10 17
Tax % 33% 33% 32% 29% 37% 35% 34% 21% 24% 27% 26% 26%
6 6 8 9 9 8 11 8 8 4 7 13
EPS in Rs 1.19 1.11 1.42 1.67 1.72 1.51 1.98 1.43 1.36 0.74 1.20 2.05
Dividend Payout % 42% 45% 49% 45% 46% 0% 51% 70% 0% 0% 0% 20%
Compounded Sales Growth
10 Years: 9%
5 Years: 6%
3 Years: 7%
TTM: 29%
Compounded Profit Growth
10 Years: 8%
5 Years: 5%
3 Years: 66%
TTM: 79%
Stock Price CAGR
10 Years: 7%
5 Years: 6%
3 Years: -2%
1 Year: -6%
Return on Equity
10 Years: 9%
5 Years: 5%
3 Years: 5%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 11 11 11 11 11 11 11 11 12 12 12 12
Reserves 35 37 42 46 48 54 61 66 124 132 147 166
0 0 3 14 22 20 2 3 2 2 1 5
50 56 62 76 88 84 97 94 85 103 82 106
Total Liabilities 95 104 118 147 169 168 171 174 223 249 243 289
12 12 12 12 12 12 11 8 9 8 12 29
CWIP 0 0 0 0 0 0 0 0 0 0 0 1
Investments 0 0 0 0 2 2 2 2 2 2 2 2
84 91 106 135 155 154 158 164 212 239 228 257
Total Assets 95 104 118 147 169 168 171 174 223 249 243 289

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
4 4 -7 -5 0 17 29 14 -1 1 -25
-4 -1 5 -1 -2 -2 -4 7 -47 19 6
-2 -3 -3 -5 -9 -6 -6 -4 49 -2 1
Net Cash Flow -3 -0 -5 -11 -10 9 18 16 2 19 -18
Free Cash Flow 2 3 -8 -6 -0 16 30 13 8 2 -31
CFO/OP 63% 74% -37% -16% 24% 130% 175% 161% 93% 177% -385%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 33 36 34 42 50 46 42 40 31 30 38 25
Inventory Days 48 78 70 74 73 80 94 77 82 118 127 94
Days Payable 51 73 58 69 70 74 87 67 62 86 61 62
Cash Conversion Cycle 30 41 45 47 53 53 49 50 52 62 103 57
Working Capital Days 14 22 28 30 29 33 39 34 35 43 70 38
ROCE % 23% 20% 23% 22% 21% 18% 23% 14% 4% 4% 7% 11%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Total Number of Employees
Numbers

Log in to view insights

Please log in to see hidden values.

Login
Exclusive/Singer Brand Stores
Numbers
Revenue Mix - Home Appliances
%
Revenue Mix - Sewing Machines
%
Number of Dealers and Distributors
Numbers
Total Retail Points / Sales Points
Numbers
Total Service Centers / Points
Numbers
Installed Manufacturing Capacity (Sewing Machines)
Units/Annually

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
31.00% 31.00% 31.00% 31.00% 31.00% 31.00% 30.76% 30.76% 30.76% 30.76% 30.76% 30.49%
4.30% 4.30% 3.56% 3.17% 2.58% 0.00% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
0.77% 0.77% 0.77% 0.77% 0.77% 0.77% 0.76% 0.76% 0.76% 0.76% 0.76% 0.76%
63.93% 63.93% 64.68% 65.08% 65.67% 68.23% 68.45% 68.45% 68.45% 68.46% 68.46% 68.74%
No. of Shareholders 23,78523,99025,74526,06825,79925,92725,64625,34924,80123,68023,32022,570

* 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.

Documents

Concalls