Signet Industries Ltd
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]
- Market Cap ₹ 164 Cr.
- Current Price ₹ 55.8
- High / Low ₹ 81.8 / 39.0
- Stock P/E 8.06
- Book Value ₹ 80.3
- Dividend Yield 0.90 %
- ROCE 13.7 %
- ROE 6.88 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.70 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
Quarterly Results
Figures in Rs. Crores
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 612 | 650 | 786 | 912 | 904 | 976 | 883 | 827 | 877 | 1,018 | 1,213 | 1,179 | 1,235 | |
| 549 | 593 | 719 | 849 | 834 | 905 | 816 | 764 | 816 | 948 | 1,129 | 1,091 | 1,136 | |
| Operating Profit | 64 | 57 | 67 | 63 | 70 | 71 | 67 | 63 | 62 | 69 | 84 | 88 | 99 |
| OPM % | 10% | 9% | 9% | 7% | 8% | 7% | 8% | 8% | 7% | 7% | 7% | 7% | 8% |
| 8 | 8 | 3 | 4 | 4 | 2 | 2 | 3 | 1 | 3 | 5 | 2 | -4 | |
| Interest | 45 | 43 | 40 | 38 | 41 | 44 | 44 | 46 | 43 | 44 | 56 | 59 | 63 |
| Depreciation | 6 | 6 | 7 | 7 | 7 | 7 | 8 | 8 | 9 | 9 | 10 | 9 | 9 |
| Profit before tax | 21 | 16 | 23 | 23 | 26 | 22 | 17 | 12 | 12 | 19 | 23 | 22 | 23 |
| 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 | 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 | 5.47 |
| 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: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 6% |
| 3 Years: | 24% |
| TTM: | 62% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -21% |
| 5 Years: | 14% |
| 3 Years: | 12% |
| 1 Year: | -24% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 29 | 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 | 207 |
| 267 | 201 | 205 | 207 | 245 | 211 | 244 | 295 | 307 | 309 | 336 | 388 | 411 | |
| 186 | 212 | 205 | 242 | 216 | 277 | 234 | 246 | 216 | 213 | 212 | 225 | 242 | |
| Total Liabilities | 506 | 501 | 515 | 588 | 616 | 655 | 654 | 729 | 718 | 729 | 768 | 847 | 889 |
| 82 | 81 | 77 | 72 | 79 | 82 | 77 | 81 | 79 | 82 | 79 | 72 | 69 | |
| CWIP | 0 | -0 | -0 | 4 | 1 | -0 | 0 | 2 | 5 | 1 | 0 | 0 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 6 | 6 |
| 424 | 420 | 437 | 511 | 535 | 572 | 577 | 646 | 634 | 645 | 687 | 769 | 813 | |
| Total Assets | 506 | 501 | 515 | 588 | 616 | 655 | 654 | 729 | 718 | 729 | 768 | 847 | 889 |
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 | 6 | 24 | 29 | 31 | 33 | 33 | 48 | 66 | 70 | 57 | 50 | 51 |
| ROCE % | 19% | 19% | 21% | 19% | 18% | 17% | 15% | 12% | 11% | 12% | 15% | 14% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1 Dec
- Announcement under Regulation 30 (LODR)-Newspaper Publication 22 Nov
-
Board Meeting Outcome for Outcome Of Bord Meeting
14 Nov - Auditor's limited review: no material misstatement for quarter ended 30 Sep 2025, YTD Apr–Sep 2025.
-
Financial Results For The Quarter And Half Year Ended 30.09.2025
14 Nov - Limited review by SMAK & Co of Signet Industries' results for quarter ended 30Sep2025; no material misstatement.
-
Board Meeting Intimation for Notice Of Board Meeting
3 Nov - Board meeting 14 Nov 2025 to approve standalone unaudited results, limited review, balance sheet, cash flow for 30 Sep 2025.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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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