505729
Singer India financials
- Market cap
- ₹474 Cr
- Sector
- Consumer Durables
- Calls analysed
- 4
Singer India Q4 FY26
What went well
- Q4 revenue grew by 37% to Rs. 166.3 crores, demonstrating strong momentum.
- Q4 PBT increased by 43% to Rs. 8 crores and EBITDA grew by 49% to Rs. 9.3 crores.
- FY26 revenue reached Rs. 557 crores, a 29% YoY increase, with adjusted EBITDA growing 76% to Rs. 22.2 crores.
What to watch
- The Appliances segment remained under pressure due to unfavorable weather, blocked inventory, and muted demand, leading to a segment result lower by approximately Rs. 2 crores in Q4.
- Geopolitical situations, steep increases in commodity prices, and labor shortages impacted supply chains and demand, requiring the company to absorb raw material price increases on fixed-price government contracts.
What Singer India does
Singer India manufactures and markets sewing machines (household, embroidery and industrial) under its own Singer and Merritt brands, and holds the exclusive Indian licence to sell the premium Husqvarna Viking and Pfaff sewing brands owned by SVP Worldwide. It has diversified into home and kitchen appliances under the Singer brand, including ceiling/exhaust fans, irons, air fryers, blenders and choppers. Products are made at its Jammu manufacturing facility and sold through a nationwide network of dealers, distributors, retailers, exclusive brand stores, e-commerce platforms and modern trade, backed by an after-sales service network.
Segments
- Sewing Products
- Home Appliances
- Manufacturing facility
- 1 (Jammu)
- Manufacturing facility employees
- 372
- Dealers and distributors
- 6,400+
- Retailers
- 10,000+
- Exclusive brand stores (pan-India)
- 21
- Service centers (pan-India)
- 445+
Guidance record · Q4 FY26
what the last two calls moved 8 tracked 1 delivered 2 missed 5 open- Revenue Growth delivered said Q1 FY26 Promised: Fair, healthy or double-digit growth... this year and next year. Q4 FY26: Full year FY26 revenue grew 29%, successfully meeting the 'double-digit growth' target.
- Profitability (Appliances) missed said Q1 FY26 Promised: Within this year (FY26), our aim is to ensure that the appliances comes to a break-even. Q4 FY26: Segment reported a loss of ~₹2 crore in Q4, confirming a full-year loss for FY26.
- Revenue Mix (Appliances) diluted said Q1 FY26 Promised: It can go up to 30% appliances in the next 2 years. Q4 FY26: Management stated the mix is expected to remain stable at 20-25% and is 'not going to shift dramatically in one or two years'.
All 8 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 56.9%, net profit up 227.1% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 106 | 106 | 122 | 92 | 138 +30% | 161 +53% | 166 +37% | 145 +57% |
| EBITDA | 1 | 1 | 4 | -4 | 4 +500% | 8 +858% | 7 +67% | 4 +196% |
| Net profit | 1 | 2 | 4 | -2 | 4 +202% | 5 +257% | 6 +46% | 3 +227% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −10.9% 1Y
1Y: ₹85.65 on 10 Sept 2025 → ₹76.34. High ₹92.11 (3 Oct 2025), low ₹56.32 (20 Jan 2026).
How the price took the results
close before → close after
- Q4 FY26
- −3.6%
- 29 May
- Q3 FY26
- −4.1%
- 13 Feb
- Q2 FY26
- −1.6%
- 13 Nov
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 6.6% a year over 3 years, FY23 to FY26. Operating margin widened to 2.7%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹460 Cr | ₹425 Cr | ₹432 Cr | ₹557 Cr |
| Operating profit | ₹2 Cr | ₹1 Cr | ₹6 Cr | ₹15 Cr |
| Operating margin | 0.4% | 0.3% | 1.3% | 2.7% |
| Interest | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹2 Cr | ₹3 Cr | ₹2 Cr | ₹4 Cr |
| Net profit | ₹8 Cr | ₹5 Cr | ₹7 Cr | ₹13 Cr |
| Net margin | 1.8% | 1.1% | 1.7% | 2.3% |
| Cash from operations | ₹-1 Cr | ₹1 Cr | ₹-25 Cr | ₹37 Cr |
| Free cash flow | ₹8 Cr | ₹2 Cr | ₹-31 Cr | ₹20 Cr |
| ROCE | 4.0% | 4.0% | 7.0% | 11.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹11 Cr | ₹11 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr |
| Reserves | ₹61 Cr | ₹66 Cr | ₹124 Cr | ₹132 Cr | ₹149 Cr | ₹166 Cr |
| Borrowings | ₹2 Cr | ₹3 Cr | ₹2 Cr | ₹2 Cr | ₹1 Cr | ₹5 Cr |
| Other liabilities | ₹97 Cr | ₹94 Cr | ₹85 Cr | ₹103 Cr | ₹87 Cr | ₹108 Cr |
| Total liabilities | ₹171 Cr | ₹174 Cr | ₹223 Cr | ₹249 Cr | ₹250 Cr | ₹292 Cr |
| Fixed assets | ₹11 Cr | ₹8 Cr | ₹9 Cr | ₹8 Cr | ₹12 Cr | ₹29 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr |
| Investments | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Other assets | ₹158 Cr | ₹164 Cr | ₹212 Cr | ₹239 Cr | ₹236 Cr | ₹259 Cr |
| Total assets | ₹171 Cr | ₹174 Cr | ₹223 Cr | ₹249 Cr | ₹250 Cr | ₹292 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +0.29 pp while promoters trimmed −0.27 pp. The shareholder count shrank 9% to 22,462.
- Promoters
- 30.5%
- DIIs
- 0.0%
- Government
- 0.8%
- Public
- 68.7%
Since Jun 2025
- Public +0.29 pp
- Promoters −0.27 pp
- DIIs 0.00 pp
How it drifted, 12 quarters
Over this window the public went from 63.9% to 68.7% — +4.8 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 31.0%, DIIs 4.3%, Government 0.8%, Public 63.9%.Dec '23: Promoters 31.0%, DIIs 3.6%, Government 0.8%, Public 64.7%.Mar '24: Promoters 31.0%, DIIs 3.2%, Government 0.8%, Public 65.1%.Jun '24: Promoters 31.0%, DIIs 2.6%, Government 0.8%, Public 65.7%.Sep '24: Promoters 31.0%, Government 0.8%, Public 68.2%.Dec '24: Promoters 30.8%, DIIs 0.0%, Government 0.8%, Public 68.5%.Mar '25: Promoters 30.8%, DIIs 0.0%, Government 0.8%, Public 68.5%.Jun '25: Promoters 30.8%, DIIs 0.0%, Government 0.8%, Public 68.5%.Sep '25: Promoters 30.8%, DIIs 0.0%, Government 0.8%, Public 68.5%.Dec '25: Promoters 30.8%, DIIs 0.0%, Government 0.8%, Public 68.5%.Mar '26: Promoters 30.5%, DIIs 0.0%, Government 0.8%, Public 68.7%.Jun '26: Promoters 30.5%, DIIs 0.0%, Government 0.8%, Public 68.7%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Siddharath Bindra newly disclosed 1.17% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Singer India above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Retail Holdings (India) B. V. | 30.49% | unchanged |
| Rekha Jhunjhunwala - 2 | 6.83% | unchanged |
| Pga Securities Private Limited | 5.04% | unchanged |
| Gauri Tandon . | 2.18% | unchanged |
| Farah Malik Bhanji | 2.11% | unchanged |
| Vashulinga Finance Pvt Ltd | 1.44% | unchanged |
| Pivotal Business Managers Llp | 1.21% | unchanged |
| Tanvi Jignesh Mehta | 1.20% | unchanged |
| Siddharath Bindra | 1.17% | newly disclosed |
| Veena Kumari Tandon | 1.13% | unchanged |
| Meena Bindra . | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
All earnings calls (4)
Read the Q4 FY26 call →Learn to analyse Singer India
Guides on how to read this kind of business and the numbers that matter.