Sika Interplant Systems Ltd
Sika Interplant Systems Ltd is an engineering driven company focused on providing products, systems and services to Aerospace, Defence & Space and Automotive sectors in India.[1]
- Market Cap ₹ 1,975 Cr.
- Current Price ₹ 932
- High / Low ₹ 1,625 / 720
- Stock P/E 54.2
- Book Value ₹ 73.4
- Dividend Yield 0.26 %
- ROCE 35.2 %
- ROE 26.1 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 25.6% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 20.8%
- Debtor days have improved from 45.4 to 18.3 days.
- Company's working capital requirements have reduced from 26.0 days to 12.6 days
Cons
- Stock is trading at 12.7 times its book value
* 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
Industrials Capital Goods Aerospace & Defense Aerospace & Defense
Part of BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 | 42 | 34 | 22 | 46 | 63 | 80 | 98 | 60 | 106 | 148 | 211 | |
| 28 | 39 | 32 | 20 | 39 | 54 | 65 | 78 | 50 | 86 | 119 | 166 | |
| Operating Profit | 2 | 3 | 3 | 2 | 6 | 9 | 15 | 20 | 10 | 20 | 29 | 45 |
| OPM % | 8% | 7% | 8% | 10% | 13% | 15% | 18% | 20% | 17% | 19% | 20% | 21% |
| 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 7 | 6 | 5 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 3 | 3 | 2 | 6 | 9 | 16 | 22 | 12 | 25 | 33 | 49 |
| Tax % | 32% | 36% | 34% | 25% | 29% | 23% | 25% | 26% | 28% | 24% | 23% | 25% |
| 2 | 2 | 2 | 1 | 4 | 7 | 12 | 17 | 9 | 19 | 25 | 36 | |
| EPS in Rs | 0.76 | 0.82 | 0.95 | 0.70 | 2.01 | 3.33 | 5.61 | 7.83 | 4.15 | 9.13 | 11.95 | 17.19 |
| Dividend Payout % | 21% | 19% | 17% | 23% | 8% | 7% | 14% | 10% | 19% | 22% | 20% | 20% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 22% |
| 3 Years: | 52% |
| TTM: | 43% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 36% |
| 5 Years: | 26% |
| 3 Years: | 62% |
| TTM: | 46% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 44% |
| 5 Years: | 74% |
| 3 Years: | 102% |
| 1 Year: | 27% |
| Return on Equity | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 21% |
| 3 Years: | 23% |
| Last Year: | 26% |
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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 35 | 36 | 38 | 39 | 42 | 48 | 60 | 74 | 81 | 99 | 120 | 151 |
| 3 | 3 | 2 | 3 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2 | 13 | 6 | 4 | 16 | 17 | 16 | 20 | 18 | 19 | 29 | 20 | |
| Total Liabilities | 44 | 55 | 50 | 50 | 64 | 70 | 81 | 98 | 103 | 122 | 153 | 175 |
| 34 | 35 | 37 | 37 | 37 | 37 | 37 | 36 | 36 | 43 | 45 | 44 | |
| CWIP | 0 | 2 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 0 | 3 | 3 | 8 | 19 | 2 | 9 | 20 | 30 | 38 | 82 |
| 9 | 18 | 8 | 8 | 18 | 14 | 42 | 53 | 48 | 48 | 70 | 49 | |
| Total Assets | 44 | 55 | 50 | 50 | 64 | 70 | 81 | 98 | 103 | 122 | 153 | 175 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 3 | 5 | 1 | 7 | 11 | 8 | 16 | -3 | 20 | 8 | 47 | |
| -1 | -3 | -5 | 0 | -4 | -10 | -8 | -14 | 5 | -18 | -3 | -40 | |
| -1 | -0 | 1 | -2 | -1 | -1 | -1 | -2 | -2 | -2 | -4 | -6 | |
| Net Cash Flow | -2 | 1 | 0 | -1 | 2 | 0 | -1 | 0 | -0 | -0 | 0 | 1 |
| Free Cash Flow | -0 | 0 | 2 | 0 | 9 | 11 | 8 | 16 | -4 | 13 | 5 | 46 |
| CFO/OP | 60% | 138% | 212% | 56% | 147% | 148% | 84% | 109% | 1% | 130% | 55% | 130% |
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 | 20 | 94 | 15 | 51 | 81 | 9 | 25 | 25 | 76 | 37 | 80 | 18 |
| Inventory Days | 24 | 10 | 21 | 46 | 35 | 55 | 21 | 38 | 98 | 26 | 28 | 0 |
| Days Payable | 8 | 99 | 19 | 26 | 70 | 22 | 41 | 38 | 87 | 44 | 70 | |
| Cash Conversion Cycle | 36 | 5 | 17 | 70 | 46 | 43 | 4 | 24 | 87 | 20 | 39 | 18 |
| Working Capital Days | -5 | -11 | -11 | 18 | -5 | -34 | -7 | -5 | 53 | 18 | 48 | 13 |
| ROCE % | 6% | 7% | 8% | 5% | 13% | 19% | 27% | 31% | 15% | 26% | 29% | 35% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| R&D Expenditure INR Lakhs |
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| Year-end Headcount (Permanent Employees) number ・Standalone data |
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| Fresh Orders Received during the year INR Lakhs ・Standalone data |
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| Design Approvals Held status ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1d
- Corporate Action For Fixing Record Date 8 May
- Corporate Action-Board to consider Dividend 8 May
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Board Meeting Outcome for Outcome Of Board Meeting
8 May - FY26 audited results approved; Rs.3.50 dividend recommended; AGM on 12 Aug 2026; record date 5 Aug 2026.
- Result For The Quarter And Year Ended 31St March, 2026 8 May
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 2011
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Business Overview
SIKA is an engineering driven company focused on the Aerospace, Defence & Space (A&D) and Automotive sectors in India. Its main lines of business comprise: engineered projects & systems; interconnect solutions & electrical module integration, maintenance, repair & overhaul (MRO); and value-added distribution. It is also a qualified Indian Offset Partner with a license for defence production from the Government of India. [1]