Sicagen India Ltd

Sicagen India Ltd

₹ 53.6 0.32%
13 May - close price
About

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]

Key Points

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

  • Market Cap 210 Cr.
  • Current Price 53.6
  • High / Low 79.4 / 42.1
  • Stock P/E 11.5
  • Book Value 125
  • Dividend Yield 1.87 %
  • ROCE 5.95 %
  • ROE 3.74 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.43 times its book value
  • Company has been maintaining a healthy dividend payout of 22.5%

Cons

  • Company has a low return on equity of 3.21% 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
227.42 166.43 180.08 227.70 221.23 232.26 197.71 209.92 251.52 204.54 226.76 264.27 277.91
216.05 157.99 174.97 222.48 212.85 222.99 189.44 203.04 240.91 194.80 217.70 255.00 266.68
Operating Profit 11.37 8.44 5.11 5.22 8.38 9.27 8.27 6.88 10.61 9.74 9.06 9.27 11.23
OPM % 5.00% 5.07% 2.84% 2.29% 3.79% 3.99% 4.18% 3.28% 4.22% 4.76% 4.00% 3.51% 4.04%
7.55 1.32 1.49 2.85 1.44 2.03 2.72 3.52 2.40 1.92 1.75 2.69 3.11
Interest 2.64 2.59 2.47 2.65 2.94 2.62 2.83 2.50 3.07 3.04 2.71 2.68 4.29
Depreciation 3.55 2.12 2.12 2.19 3.33 2.29 2.31 2.39 3.51 2.39 2.37 2.37 3.67
Profit before tax 12.73 5.05 2.01 3.23 3.55 6.39 5.85 5.51 6.43 6.23 5.73 6.91 6.38
Tax % 12.25% 24.75% 35.32% 28.17% 12.68% 24.88% 29.23% 23.77% 38.26% 27.13% 27.75% 28.65% 30.09%
11.17 3.80 1.30 2.32 3.10 4.80 4.14 4.20 3.97 4.54 4.14 4.93 4.46
EPS in Rs 2.82 0.96 0.33 0.59 0.78 1.21 1.05 1.06 1.00 1.15 1.05 1.25 1.13
Raw PDF
Upcoming result date: today

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
645 601 711 738 820 699 542 836 895 795 892 973
644 608 707 737 817 688 533 814 869 768 856 934
Operating Profit 1 -7 3 1 3 11 9 22 27 28 36 39
OPM % 0% -1% 0% 0% 0% 2% 2% 3% 3% 3% 4% 4%
18 18 15 15 15 11 8 -0 15 7 9 9
Interest 6 6 7 9 9 9 5 6 9 11 11 13
Depreciation 5 5 4 5 6 10 10 11 11 10 10 11
Profit before tax 8 -1 8 2 3 3 1 5 22 14 24 25
Tax % 13% -300% 3% 30% 95% 89% 322% 112% 18% 24% 29% 28%
7 1 7 1 0 0 -3 -1 18 11 17 18
EPS in Rs 1.67 0.27 1.89 0.29 0.03 0.09 -0.81 -0.15 4.50 2.66 4.32 4.57
Dividend Payout % 36% 224% 32% 206% 1,218% 550% -74% -162% 13% 23% 23% 22%
Compounded Sales Growth
10 Years: 5%
5 Years: 12%
3 Years: 3%
TTM: 9%
Compounded Profit Growth
10 Years: 32%
5 Years: 47%
3 Years: 16%
TTM: 14%
Stock Price CAGR
10 Years: 12%
5 Years: 21%
3 Years: 5%
1 Year: -18%
Return on Equity
10 Years: 1%
5 Years: 2%
3 Years: 3%
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 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 40 40 40 40 40 40 40 40 40 40 40 40
Reserves 439 443 345 353 343 336 355 383 400 420 444 455
48 60 89 97 119 96 79 95 121 121 148 159
84 76 105 114 184 133 72 140 68 143 90 86
Total Liabilities 610 619 578 604 685 605 546 656 629 723 722 740
59 57 183 203 151 168 168 141 141 140 137 140
CWIP 1 2 12 0 0 1 0 0 0 1 0 0
Investments 100 100 54 34 26 20 37 70 69 73 79 66
451 460 329 367 507 417 340 445 418 510 505 533
Total Assets 610 619 578 604 685 605 546 656 629 723 722 740

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2 -3 -41 -12 20 -37 31 -2 15 25 33 44
2 9 5 11 -5 45 -17 18 -4 -3 -14 -7
-11 4 22 -4 -12 -18 -12 -18 -13 -20 -17 -19
Net Cash Flow -6 10 -13 -5 3 -10 3 -2 -3 2 2 18
Free Cash Flow 4 -8 -64 -25 63 -42 29 13 11 22 33 38
CFO/OP 326% 43% -1,191% -1,130% 832% -312% 378% 16% 65% 99% 103% 123%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 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 61 71 75 91 119 108 115 107 76 114 94 91
Inventory Days 56 59 70 68 58 78 80 50 65 67 60 63
Days Payable 19 19 32 42 75 60 40 60 24 47 20 24
Cash Conversion Cycle 98 110 113 117 102 126 155 97 117 134 134 130
Working Capital Days 69 78 67 73 61 99 114 84 85 97 87 83
ROCE % 2% 1% 3% 2% 3% 3% 2% 4% 4% 4% 6% 6%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Number of Branches/Sales Offices
Number ・Standalone data

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Number of Permanent Employees
Number ・Standalone data
Gross Current Asset (GCA) Days
Days ・Standalone data
Industrial Packaging (Drums) Sales Volume
Number of Barrels ・Standalone data
Specialty Chemicals Sales Volume
MT ・Standalone data
Planned HDPE Barrel Production Capacity
Barrels per annum ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
55.46% 55.46% 55.46% 55.46% 55.46% 60.39% 60.39% 60.39% 60.39% 61.13% 61.13% 61.13%
7.34% 7.34% 7.34% 7.34% 7.34% 2.42% 2.42% 2.42% 2.85% 2.42% 2.47% 2.47%
0.60% 0.60% 0.60% 0.60% 0.60% 0.60% 0.58% 0.58% 0.58% 0.58% 0.58% 0.58%
36.60% 36.59% 36.60% 36.58% 36.59% 36.58% 36.61% 36.61% 36.18% 35.88% 35.81% 35.82%
No. of Shareholders 25,19925,16025,11424,72624,30924,85524,45323,93423,66823,32623,05722,183

* 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.

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