Sicagen India Ltd
Incorporated in 2004, Sicagen India is in the business of trading Building materials, Sales & Servicing Power and controls systems, manufacturing of MS barrels and water treatment chemicals[1]
- Market Cap ₹ 261 Cr.
- Current Price ₹ 66.0
- High / Low ₹ 119 / 52.5
- Stock P/E 20.1
- Book Value ₹ 111
- Dividend Yield 0.91 %
- ROCE 4.81 %
- ROE 2.98 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.59 times its book value
- Company has delivered good profit growth of 43.5% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 22.5%
Cons
- The company has delivered a poor sales growth of 4.43% over past five years.
- Company has a low return on equity of 2.45% over last 3 years.
- Earnings include an other income of Rs.9.01 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
430 | 486 | 451 | 561 | 566 | 538 | 434 | 348 | 443 | 439 | 477 | 539 | |
449 | 488 | 451 | 555 | 563 | 532 | 426 | 336 | 426 | 424 | 460 | 517 | |
Operating Profit | -19 | -2 | -0 | 5 | 4 | 6 | 8 | 12 | 17 | 15 | 17 | 22 |
OPM % | -5% | -0% | -0% | 1% | 1% | 1% | 2% | 3% | 4% | 3% | 4% | 4% |
40 | 15 | 14 | 10 | 12 | 8 | 8 | 5 | -2 | 16 | 6 | 9 | |
Interest | 6 | 6 | 6 | 6 | 7 | 7 | 6 | 4 | 4 | 4 | 5 | 6 |
Depreciation | 3 | 3 | 3 | 2 | 2 | 2 | 5 | 5 | 6 | 6 | 5 | 5 |
Profit before tax | 11 | 4 | 6 | 8 | 7 | 5 | 5 | 8 | 5 | 20 | 12 | 20 |
Tax % | -1% | 18% | -19% | 1% | 9% | 57% | 59% | 30% | 79% | 14% | 27% | 27% |
11 | 3 | 7 | 8 | 6 | 2 | 2 | 6 | 1 | 17 | 9 | 15 | |
EPS in Rs | 2.74 | 0.77 | 1.82 | 1.90 | 1.62 | 0.55 | 0.54 | 1.48 | 0.26 | 4.33 | 2.26 | 3.67 |
Dividend Payout % | 29% | 78% | 33% | 32% | 37% | 72% | 93% | 41% | 98% | 14% | 26% | 27% |
Compounded Sales Growth | |
---|---|
10 Years: | 1% |
5 Years: | 4% |
3 Years: | 7% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | 20% |
5 Years: | 44% |
3 Years: | 82% |
TTM: | 39% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 43% |
3 Years: | 33% |
1 Year: | 6% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 2% |
3 Years: | 2% |
Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 |
Reserves | 376 | 376 | 381 | 343 | 346 | 341 | 336 | 350 | 367 | 375 | 391 | 400 |
72 | 48 | 45 | 66 | 53 | 65 | 38 | 35 | 37 | 53 | 50 | 65 | |
103 | 73 | 65 | 57 | 70 | 59 | 35 | 21 | 29 | 19 | 27 | 27 | |
Total Liabilities | 591 | 537 | 530 | 505 | 509 | 505 | 448 | 445 | 472 | 486 | 508 | 531 |
36 | 31 | 30 | 80 | 82 | 36 | 44 | 43 | 40 | 39 | 40 | 41 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
Investments | 135 | 135 | 135 | 160 | 146 | 146 | 143 | 154 | 170 | 170 | 179 | 180 |
420 | 371 | 365 | 264 | 281 | 323 | 261 | 248 | 262 | 278 | 287 | 311 | |
Total Assets | 591 | 537 | 530 | 505 | 509 | 505 | 448 | 445 | 472 | 486 | 508 | 531 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-6 | -11 | 1 | -12 | -11 | 6 | -37 | 25 | 1 | 11 | 28 | 24 | |
19 | 11 | 5 | 22 | 20 | 0 | 40 | -17 | 6 | -3 | -11 | -13 | |
-18 | -11 | -10 | -9 | -9 | -8 | -11 | -7 | -9 | -8 | -16 | -11 | |
Net Cash Flow | -5 | -10 | -4 | 2 | -0 | -1 | -8 | 1 | -2 | -0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 71 | 60 | 67 | 75 | 85 | 84 | 88 | 102 | 79 | 66 | 63 | 66 |
Inventory Days | 63 | 41 | 45 | 41 | 38 | 39 | 46 | 46 | 35 | 62 | 55 | 46 |
Days Payable | 40 | 20 | 20 | 32 | 42 | 38 | 23 | 11 | 17 | 9 | 8 | 11 |
Cash Conversion Cycle | 94 | 80 | 91 | 84 | 81 | 85 | 110 | 137 | 97 | 118 | 110 | 102 |
Working Capital Days | 91 | 73 | 89 | 84 | 83 | 93 | 126 | 137 | 128 | 144 | 129 | 121 |
ROCE % | 0% | 2% | 3% | 3% | 3% | 3% | 3% | 3% | 3% | 3% | 4% | 5% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
12 May - Approved FY24-25 audited results; recommended 10% dividend; appointed secretarial, internal, cost auditors.
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Equity Dividend For The FY 2024-25.
12 May - Approved FY 2024-25 audited results; recommended 10% dividend; appointed auditors for next years.
- Audited Financial Results For The Quarter & Year Ended 31.03.2025. 12 May
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Board Meeting Outcome for Outcome Of Board Meeting Held On 12.05.2025
12 May - Sicagen India reports FY25 audited results; recommends 10% dividend; auditor's report unmodified.
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Board Meeting Intimation for Consideration And Approval Of The Audited Financial Results For The Quarter & Year Ended 31St March, 2025 And Recommendation Of Dividend (If Any) For The Financial Year 2024-25.
2 May - Board meeting on May 12 to approve FY25 audited results and consider dividend; trading window closed.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from nse
Business Overview:[1]
Company is an ISO 9001:2015 certified company and part of the Singapore headquartered $2+ billion AM International group, Sicagen has 5 business verticals and 2 subsidiaries.
It is an integrated, value-added solutions provider for Building Materials, Power & Control Systems, Industrial Packaging and Speciality Chemicals for water treatment