Signet Industries Ltd

Signet Industrie Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Signet Industries Ltd

₹ 61.6 -2.63%
16 Jun 2:40 p.m.
groupsignet.com BSE: 512131 NSE: SIGIND
About

Incorporated in 1985, Signet Industries Ltd does Merchant Trading of Polymers & Other Products and Manufacturing of Micro Irrigation System, Sprinkler Pipe / PVC Pipe & Agro fittings and its Allied Products, and all type of House Hold & Plastic Moulded Furniture[1]

Key Points

Business Overview:[1][2]
Company does manufacturing of irrigation and plastic products and wholesale trading of chemicals and plastics plastic products. It has wind power generation units in Maharashtra and Rajasthan. Company implements government-backed drip irrigation and agricultural projects, where 50-70% of project cost is received as subsidy from government

Website BSE NSE - BE
  • Market Cap ₹ 181 Cr.
  • Current Price ₹ 61.6
  • High / Low ₹ 95.4 / 39.0
  • Stock P/E 11.6
  • Book Value ₹ 79.5
  • Dividend Yield 0.81 %
  • ROCE 13.7 %
  • ROE 6.89 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 0.78 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 5.96% over past five years.
  • Company has a low return on equity of 6.87% over last 3 years.

* 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

Services Services Commercial Services & Supplies Trading & Distributors

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
311.14 219.14 222.65 263.39 312.52 288.82 268.78 311.31 344.13 252.64 257.65 303.98 364.82
293.58 203.75 208.13 244.24 292.10 270.59 248.98 286.44 322.92 238.33 236.86 281.80 334.16
Operating Profit 17.56 15.39 14.52 19.15 20.42 18.23 19.80 24.87 21.21 14.31 20.79 22.18 30.66
OPM % 5.64% 7.02% 6.52% 7.27% 6.53% 6.31% 7.37% 7.99% 6.16% 5.66% 8.07% 7.30% 8.40%
0.24 0.31 0.75 0.58 1.16 0.48 1.00 0.59 3.10 1.21 0.42 0.32 0.27
Interest 11.53 11.36 10.36 10.35 12.00 12.04 13.59 15.66 15.19 12.31 14.41 13.95 17.89
Depreciation 2.14 2.18 2.26 2.32 2.32 2.41 2.44 2.45 2.44 2.39 2.37 2.33 2.26
Profit before tax 4.13 2.16 2.65 7.06 7.26 4.26 4.77 7.35 6.68 0.82 4.43 6.22 10.78
Tax % 30.99% 32.41% 29.06% 26.63% 37.88% 25.12% 28.30% 26.53% 48.50% 40.24% 27.54% 27.33% 31.26%
2.85 1.47 1.88 5.18 4.52 3.20 3.41 5.40 3.44 0.49 3.22 4.52 7.41
EPS in Rs 0.97 0.50 0.64 1.76 1.54 1.09 1.16 1.83 1.17 0.17 1.09 1.54 2.52
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
612 650 786 912 904 976 883 827 877 1,018 1,213 1,179
549 593 719 849 834 905 816 764 816 948 1,129 1,091
Operating Profit 64 57 67 63 70 71 67 63 62 69 84 88
OPM % 10% 9% 9% 7% 8% 7% 8% 8% 7% 7% 7% 7%
8 8 3 4 4 2 2 3 1 3 5 2
Interest 45 43 40 38 41 44 44 46 43 44 56 59
Depreciation 6 6 7 7 7 7 8 8 9 9 10 9
Profit before tax 21 16 23 23 26 22 17 12 12 19 23 22
Tax % 26% 26% 25% 21% 28% 38% 31% -19% 30% 32% 33% 30%
16 12 17 18 18 14 12 14 8 13 15 16
EPS in Rs 5.40 4.03 5.96 6.26 6.28 4.66 4.01 4.74 2.80 4.43 5.25 5.31
Dividend Payout % 22% 0% 8% 8% 8% 11% 12% 11% 18% 11% 10% 9%
Compounded Sales Growth
10 Years: 6%
5 Years: 6%
3 Years: 10%
TTM: -3%
Compounded Profit Growth
10 Years: 4%
5 Years: 6%
3 Years: 24%
TTM: 2%
Stock Price CAGR
10 Years: -12%
5 Years: 23%
3 Years: 23%
1 Year: -28%
Return on Equity
10 Years: 8%
5 Years: 6%
3 Years: 7%
Last Year: 7%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 29 29 29 29 29 29 29 29 29 29 29 29
Reserves 25 58 76 109 126 137 147 159 166 177 191 205
267 201 205 207 245 211 244 295 307 309 336 388
186 212 205 242 216 277 234 246 216 213 212 225
Total Liabilities 506 501 515 588 616 655 654 729 718 729 768 847
82 81 77 72 79 82 77 81 79 82 79 73
CWIP 0 0 0 4 1 0 0 2 5 1 0 0
Investments 0 0 0 0 0 0 0 0 0 1 1 6
424 420 437 511 535 572 577 646 634 645 687 769
Total Assets 506 501 515 588 616 655 654 729 718 729 768 847

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
43 65 28 15 20 84 12 7 34 51 30 16
5 37 4 -5 -9 -9 9 -13 -9 -6 0 -7
-49 -91 -35 -22 -7 -80 -13 3 -32 -44 -32 -8
Net Cash Flow -2 11 -3 -11 4 -5 7 -3 -7 1 -1 1

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 144 128 123 123 118 109 125 144 130 108 104 133
Inventory Days 63 79 57 58 78 86 96 118 126 115 99 77
Days Payable 110 122 95 93 88 110 102 116 95 78 66 72
Cash Conversion Cycle 97 84 85 88 107 85 118 146 161 145 136 138
Working Capital Days 92 82 88 94 112 96 129 163 165 145 136 160
ROCE % 19% 19% 21% 19% 18% 17% 15% 12% 11% 12% 15% 14%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
72.57% 72.57% 72.57% 72.57% 72.57% 72.57% 72.57% 72.57% 72.57% 72.78% 72.78% 72.78%
27.43% 27.43% 27.42% 27.43% 27.42% 27.44% 27.43% 27.43% 27.43% 27.22% 27.22% 27.22%
No. of Shareholders 14,45914,42214,14814,06715,34414,65814,98815,09014,76115,73915,62915,707

Documents

Announcements

Annual reports

Credit ratings

Concalls

  • Feb 2024
    Transcript
    Notes
    PPT
  • Aug 2023
    Transcript
    Notes
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