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 ₹ 262 Cr.
- Current Price ₹ 66.2
- High / Low ₹ 119 / 52.5
- Stock P/E 16.8
- Book Value ₹ 122
- Dividend Yield 0.91 %
- ROCE 5.45 %
- ROE 3.31 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.55 times its book value
- Company has delivered good profit growth of 112% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 19.7%
Cons
- The company has delivered a poor sales growth of 5.00% over past five years.
- Company has a low return on equity of 2.82% 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
620 | 645 | 601 | 711 | 738 | 820 | 699 | 542 | 836 | 895 | 795 | 892 | |
631 | 644 | 608 | 707 | 737 | 817 | 688 | 533 | 814 | 869 | 768 | 856 | |
Operating Profit | -11 | 1 | -7 | 3 | 1 | 3 | 11 | 9 | 22 | 27 | 28 | 36 |
OPM % | -2% | 0% | -1% | 0% | 0% | 0% | 2% | 2% | 3% | 3% | 3% | 4% |
41 | 18 | 18 | 15 | 15 | 15 | 11 | 8 | -0 | 15 | 7 | 10 | |
Interest | 7 | 6 | 6 | 7 | 9 | 9 | 9 | 5 | 6 | 9 | 11 | 11 |
Depreciation | 6 | 5 | 5 | 4 | 5 | 6 | 10 | 10 | 11 | 11 | 10 | 10 |
Profit before tax | 17 | 8 | -1 | 8 | 2 | 3 | 3 | 1 | 5 | 22 | 14 | 24 |
Tax % | 1% | 13% | -300% | 3% | 30% | 95% | 89% | 322% | 112% | 18% | 24% | 29% |
17 | 7 | 1 | 7 | 1 | 0 | 0 | -3 | -1 | 18 | 10 | 17 | |
EPS in Rs | 4.27 | 1.67 | 0.27 | 1.89 | 0.29 | 0.03 | 0.09 | -0.81 | -0.15 | 4.50 | 2.65 | 4.32 |
Dividend Payout % | 19% | 36% | 224% | 32% | 206% | 1,218% | 550% | -74% | -162% | 13% | 23% | 23% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 5% |
3 Years: | 2% |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | 113% |
3 Years: | 136% |
TTM: | 43% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 43% |
3 Years: | 33% |
1 Year: | 6% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 2% |
3 Years: | 3% |
Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 441 | 439 | 443 | 345 | 353 | 343 | 336 | 355 | 383 | 400 | 420 | 444 |
73 | 48 | 60 | 89 | 97 | 119 | 96 | 79 | 95 | 121 | 121 | 148 | |
119 | 84 | 76 | 105 | 114 | 184 | 133 | 72 | 140 | 68 | 118 | 90 | |
Total Liabilities | 673 | 610 | 619 | 578 | 604 | 685 | 605 | 546 | 656 | 629 | 699 | 722 |
64 | 59 | 57 | 183 | 203 | 151 | 168 | 168 | 141 | 141 | 140 | 137 | |
CWIP | 0 | 1 | 2 | 12 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 |
Investments | 100 | 100 | 100 | 54 | 34 | 26 | 20 | 37 | 70 | 69 | 73 | 79 |
509 | 451 | 460 | 329 | 367 | 507 | 417 | 340 | 445 | 418 | 486 | 505 | |
Total Assets | 673 | 610 | 619 | 578 | 604 | 685 | 605 | 546 | 656 | 629 | 699 | 722 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-14 | 2 | -3 | -41 | -12 | 20 | -37 | 31 | -2 | 15 | 25 | 33 | |
17 | 2 | 9 | 5 | 11 | -5 | 45 | -17 | 18 | -4 | -3 | -14 | |
-18 | -11 | 4 | 22 | -4 | -12 | -18 | -12 | -18 | -13 | -20 | -17 | |
Net Cash Flow | -15 | -6 | 10 | -13 | -5 | 3 | -10 | 3 | -2 | -3 | 2 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 75 | 61 | 71 | 75 | 91 | 119 | 108 | 115 | 107 | 76 | 114 | 94 |
Inventory Days | 70 | 56 | 59 | 70 | 68 | 58 | 78 | 80 | 50 | 65 | 67 | 60 |
Days Payable | 35 | 19 | 19 | 32 | 42 | 75 | 60 | 40 | 60 | 24 | 47 | 20 |
Cash Conversion Cycle | 110 | 98 | 110 | 113 | 117 | 102 | 126 | 155 | 97 | 117 | 134 | 134 |
Working Capital Days | 104 | 90 | 106 | 106 | 115 | 110 | 138 | 155 | 121 | 130 | 147 | 143 |
ROCE % | 2% | 2% | 1% | 3% | 2% | 3% | 3% | 2% | 4% | 4% | 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