MarketFriction

Signet Industries Ltd

NSE SIGIND · BSE 512131 · Trading & Distributors
₹67.42 -1.91%
NSE close2026-10-01
52 week range40.66 - 74.99
Market cap₹200 Cr.
P/E8.48
ESM Price band 5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales268.78311.31344.13252.64257.65303.98364.82259.52306.51390.15390.61306.03
Expenses248.98286.44322.92238.33236.86281.80334.16234.76285.06365.82363.40278.06
Operating Profit19.8024.8721.2114.3120.7922.1830.6624.7621.4524.3327.2127.97
OPM %7.37%7.99%6.16%5.66%8.07%7.30%8.40%9.54%7.00%6.24%6.97%9.14%
Other Income1.000.593.101.210.420.320.27-4.580.470.420.940.73
Interest13.5915.6615.1912.3114.4113.9517.8916.7514.8015.4215.4314.94
Depreciation2.442.452.442.392.372.332.262.342.322.242.042.51
Profit before tax4.777.356.680.824.436.2210.781.094.807.0910.6811.25
Tax %28.30%26.53%48.50%40.24%27.54%27.33%31.26%36.70%27.92%27.22%35.86%28.44%
Net Profit3.415.403.440.493.224.527.410.693.475.166.858.05
EPS in Rs1.161.831.170.171.091.542.520.231.181.752.332.73
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales7869129049768838278771,0181,2131,1791,3471,393
Expenses7198498349058167648169481,1291,0911,2491,292
Operating Profit6763707167636269848898101
OPM %9%7%8%7%8%8%7%7%7%7%7%7%
Other Income3442231352-33
Interest403841444446434456596261
Depreciation7777889910999
Profit before tax232326221712121923222434
Tax %25%21%28%38%31%-19%30%32%33%30%32%
Net Profit17181814121481315161624
EPS in Rs5.966.266.284.664.014.742.804.435.255.315.497.99
Dividend Payout %8%8%8%11%12%11%18%11%10%9%9%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth6%10%10%17%
Compounded Profit Growth1%9%14%17%
Stock Price CAGR-15%9%4%33%
Return on Equity8%7%7%8%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital292929292929292929292929
Reserves5876109126137147159166177191205218
Borrowings201205207245211244295307309336388460
Other Liabilities212205242216277234246216213212225253
Total Liabilities501515588616655654729718729768847960
Fixed Assets817772798277817982797285
CWIP004100251004
Investments000000001165
Other Assets420437511535572577646634645687769866
Total Assets501515588616655654729718729768847960
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity65281520841273451301616
Cash from Investing Activity374-5-9-99-13-9-60-7-24
Cash from Financing Activity-91-35-22-7-80-133-32-44-32-87
Net Cash Flow11-3-114-57-3-71-11-1
Free Cash Flow60251087610-725432412-10
CFO/OP124%47%27%45%132%25%17%58%83%42%30%25%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days128123123118109125144130108104133139
Inventory Days795758788696118126115997773
Days Payable1229593881101021169578667271
Cash Conversion Cycle84858810785118146161145136138141
Working Capital Days242931333348667057505144
ROCE %19%21%19%18%17%15%12%11%12%15%14%14%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters72.57%72.57%72.57%72.57%72.78%72.78%72.78%72.78%72.89%72.89%73.30%73.40%
Public27.44%27.43%27.43%27.43%27.22%27.22%27.22%27.22%27.11%27.11%26.70%26.60%
No. of Shareholders14,65814,98815,09014,76115,73915,62915,70715,51314,80214,80214,56214,436

Fundamentals

Market Cap₹ 200 Cr.
Current Price₹ 68.4
Stock P/E8.48
Book Value₹ 84.1
ROCE13.6 %
ROE7.98 %
Dividend Yield0.73 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)17%
Compounded Profit Growth (TTM)17%
Standalone figures.
Valuation
Market capRs 198 Cr
Enterprise valueRs 642 Cr
P/E (TTM)8.43x
Price to book0.80x
Price to sales0.14x
EV / EBITDA6.21x
EV / EBIT6.80x
EV / sales0.46x
Price to cash flow12.08x
Earnings yield11.86%
Dividend yield0.74%
P/E, 3-year average9.57x
P/B, 3-year average0.65x
P/E, 5-year average9.99x
P/B, 5-year average0.60x
Profitability
Operating margin (excl. other income)7.26%
Operating margin (incl. other income)7.05%
EBITDA margin7.43%
Pre-tax margin2.43%
Net profit margin1.69%
Net margin, latest quarter2.63%
ROE6.71%
ROCE12.95%
ROA1.79%
ROE, 3-year average6.95%
ROCE, 3-year average13.84%
ROA, 3-year average1.93%
ROE, 5-year average6.33%
ROCE, 5-year average13.00%
ROA, 5-year average1.75%
ROIC (approx.)9.33%
Tax rate31.70%
Other income / net worth-1.11%
Growth
Sales growth (latest year)14.22%
Profit growth (latest year)3.32%
Sales CAGR, 3 years9.79%
Sales CAGR, 5 years10.25%
Profit CAGR, 3 years7.38%
Profit CAGR, 5 years2.98%
Sales growth QoQ-21.65%
Profit growth QoQ17.52%
Sales growth YoY (latest quarter)17.92%
Profit growth YoY (latest quarter)1066.67%
Per share
EPS (TTM)Rs 7.99
EPS (latest year)Rs 5.49
EPS (latest quarter)Rs 2.73
EPS, 3-year averageRs 5.35
EPS, 5-year averageRs 4.66
Book value per shareRs 84.06
Sales per shareRs 473.32
Cash flow per shareRs 5.58
Free cash flow per shareRs -3.40
Dividend per share (latest year)Rs 0.50
Dividend per share, 3-year averageRs 0.50
Dividend per share, 5-year averageRs 0.50
Dividends
Dividend payout9.10%
Dividend payout, 3-year average9.34%
Dividend payout, 5-year average11.42%
Efficiency
Asset turnover1.40x
Fixed asset turnover15.75x
Inventory turnover5.10x
Inventory days72 days
Debtor days139 days
Debtors turnover2.62x
Creditor days71 days
Cash conversion cycle141 days
Working capital days44 days
Leverage
Total debtRs 460 Cr
Cash and bankRs 16 Cr
Net debtRs 444 Cr
Debt to equity1.86x
Net debt / EBITDA4.29x
Interest coverage1.56x
Owners' fund to total sources25.76%
Debt to assets47.86%
Cash flow
Cash from Operating Activity (latest year)Rs 16 Cr
Cash from Investing Activity (latest year)Rs -24 Cr
Cash from Financing Activity (latest year)Rs 7 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -10 Cr
FCFE (approx.: FCF + change in debt)Rs 62 Cr
Cash from ops / profit, 5 years2.16x
Sales to cash flow81.97x
Statement figures
Net sales (TTM)Rs 1,393 Cr
Net sales (latest year)Rs 1,347 Cr
Sales (latest quarter)Rs 306 Cr
Operating profit excl. other income (latest year)Rs 98 Cr
Operating profit (latest quarter)Rs 28 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 104 Cr
PBDT (TTM)Rs 43 Cr
Profit before tax (TTM)Rs 34 Cr
Tax (latest year)Rs 8 Cr
Net profit (TTM)Rs 24 Cr
Net profit (latest year)Rs 16 Cr
Net profit (latest quarter)Rs 8 Cr
Depreciation (TTM)Rs 9 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 61 Cr
Cost of goods sold (latest year)Rs 1,160 Cr
Total expenditure (latest year)Rs 1,249 Cr
Total income (latest year)Rs 1,344 Cr
Share capitalRs 29 Cr
ReservesRs 218 Cr
Shareholders' fundsRs 247 Cr
Total assetsRs 960 Cr
Net blockRs 85 Cr
Capital work in progressRs 4 Cr
InvestmentsRs 5 Cr
ReceivablesRs 515 Cr
InventoryRs 227 Cr
Other liabilitiesRs 253 Cr
Shares outstanding (crore)2.94
Ownership
Promoter holding73.40% (+0.62 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 8.4 is at the 34th percentile of its own 9.4-year range (median 10.1, low 3.4, high 20.1).
P/B 0.80 is at the 65th percentile (median 0.69).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodSIGINDNifty 50Difference
1 week-4.5%-2.8% -1.7 pts
1 month-3.8%-6.8% +3.0 pts
3 months+43.5%-7.6% +51.2 pts
6 months+54.1%+0.4% +53.7 pts
1 year+25.9%-9.9% +35.8 pts
2 years-19.8%-13.6% -6.3 pts
3 years+11.7%+14.2% -2.5 pts
5 years+51.7%+27.9% +23.8 pts

Red flags

F-score 5 of 8
explainLow interest cover Interest cover 1.4x in 2026
lookAuditor change Auditor change 2026-10-01: Signet Industries Limited has informed the Exchange regarding Change in Auditors of the company.
lookOn NSE surveillance On NSE surveillance: ESM
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2026-09-21Mukesh SanglaPromoter groupbuy10,948SAST Open Market
2026-09-18Mukesh SanglaPromoter groupbuy10,747SAST Open Market
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹306 Cr +17.9% vs Jun 2025. Net profit ₹8 Cr +1066.7%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-23Dividend - Re 0.50 Per Share
2025-09-23Dividend - Re 0.50 Per Share
2024-09-17Annual General Meeting/Dividend - Re 0.5 Per Share
2023-09-22Annual General Meeting/Dividend - Re 0.50 Per Share
2022-09-22Annual General Meeting/Dividend - Rs 0.5 Per Share
2021-09-20 Annual General Meeting/Dividend - Rs 0.50 Per Share
2020-09-17 Annual General Meeting/Dividend - Rs 0.50 Per Share
2019-09-20 Annual General Meeting/Dividend - Rs 0.50 Per Share
2018-09-19 Annual General Meeting/Dividend Re 0.50 Per Share
DateTypeWhat it says
2026-10-01Change in AuditorsChange in Auditors of the company.
2026-10-01Shareholder meetingShareholders meeting
2026-09-07Shareholder meetingNotice of 41st Annual General Meeting to be held on Wednesday, September 30, 2026 at 11:00 A.M. (IST)
2026-09-06Change in ManagementChange in Management
2026-09-05Record DateRecord date for the purpose of Dividend is 23-Sep-2026.
2026-09-05Board meeting outcomeOutcome of Board Meeting held on September 05, 2026.
2026-09-01UpdatesFinancial results for the quarter ended 30.06.2026 in Machine readable format.
2026-08-12UpdatesSignet Industries Limited Posts Turnaround Quarter with EBITDA Growth of 42% YoY .
2026-08-12Integrated Filing- FinancialOutcome and financial results
2026-08-12Board meeting outcomeSignet Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-16Credit Rating- RevisionCredit Rating- Revision
2026-06-05Disclosure under SEBI TakeovMukesh Sangla has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acq...
2026-05-30Board meeting outcomeSignet Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-30AppointmentAppointment of as Other of the company w.e.f. May 30, 2026.
2026-02-14Board meeting outcomeSignet Industries Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2025-12-08UpdatesFinancial results for 30.09.2025 in machine readable format.
2025-11-15Board meeting outcomeSignet Industries Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
2025-11-14Board meeting outcomeBoard meeting held on November 14, 2025.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2017-08-23CESTATINDORE ---VS.--- SIGNET INDUSTRIES LTD
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
ESM: stage 1Less than 100 unique PAN traded in previous 30 days
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03