523606

Sika Interplant share price & financials

Price
₹1,092.6
Market cap
₹2.3k Cr
Sector
Capital Goods

What Sika Interplant does

Sika Interplant Systems is engaged in engineering (design and development), manufacturing/assembly/testing, projects and systems integration, and maintenance-repair-overhaul (MRO), serving mainly the Aerospace, Defence & Space (AD&S) and Automotive sectors. It executes long-gestation systems-integration programs for Indian AD&S projects, offering customers a combination of design, development, manufacturing, assembly, testing, certification, supply and integration, and also runs MRO facilities for its own products and, with foreign partners, for their AD&S products in India. Within automotive, it supplies critical capital equipment to a number of major domestic vehicle manufacturers. In-house engineering and production capability is complemented by technology tie-ups with international partners.

Segments

  • Aerospace, Defence & Space (AD&S)
  • Automotive
Business activities
Engineering (design & development); manufacturing, assembly & testing; projects/systems integration; and MRO (maintenance, repair & overhaul)
Wholly owned subsidiaries
4 as of Mar-2025 — Sikka N Sikka Engineers, EMSAC Engineering, Aerotek Sika Aviosystems, Sika Tourism
Defence production licensing
Holds an Industrial License for Defence production from the Government of India, qualifying it for offset programs
Airworthiness design approval
Held CEMILAC (Centre for Military Airworthiness and Certification) design approvals continuously from 1999 through 2020
Quality certification
AS9100 certified, the standardised aerospace industry quality management system
Regulatory approval
Approved by the Directorate General of Aeronautical Quality Assurance (DGAQA)
Founded 1985Headquarters Bangalore, Karnataka, India Company website

Quarterly results

Q1 FY27: revenue down 37.0%, net profit down 18.8% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue33 38 46 68 52 +55%50 +32%41 −10%43 −37%
EBITDA7 8 8 13 11 +55%12 +48%10 +31%8 −33%
Net profit6 7 8 10 9 +45%9 +33%8 −1%8 −19%
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 −2.7% 1Y

₹0.8k₹1.0k₹1.2kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹1,116.25 on 10 Sept 2025 → ₹1,086. High ₹1,306.35 (22 Sept 2025), low ₹786.75 (20 Jan 2026).

Financials, as filed

Revenue grew 52.3% a year over 3 years, FY23 to FY26. Operating margin widened to 21.4%.

Year endingFY23FY24FY25FY26
Revenue₹60 Cr₹106 Cr₹148 Cr₹211 Cr
Operating profit₹10 Cr₹20 Cr₹29 Cr₹45 Cr
Operating margin16.4%18.8%19.5%21.4%
Interest₹0 Cr₹0 Cr₹0 Cr₹1 Cr
Depreciation₹1 Cr₹1 Cr₹1 Cr₹1 Cr
Net profit₹8 Cr₹19 Cr₹27 Cr₹37 Cr
Net margin14.0%18.3%17.9%17.3%
Cash from operations₹-3 Cr₹20 Cr₹8 Cr₹47 Cr
Free cash flow₹-4 Cr₹13 Cr₹5 Cr₹46 Cr
ROCE15.0%26.0%29.0%35.0%
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 endingFY21FY22FY23FY24FY25FY26
Equity capital₹4 Cr₹4 Cr₹4 Cr₹4 Cr₹4 Cr₹4 Cr
Reserves₹60 Cr₹74 Cr₹81 Cr₹99 Cr₹134 Cr₹151 Cr
Borrowings₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other liabilities₹16 Cr₹20 Cr₹18 Cr₹19 Cr₹32 Cr₹20 Cr
Total liabilities₹81 Cr₹98 Cr₹103 Cr₹122 Cr₹170 Cr₹175 Cr
Fixed assets₹37 Cr₹36 Cr₹36 Cr₹43 Cr₹44 Cr₹44 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹2 Cr₹9 Cr₹20 Cr₹30 Cr₹49 Cr₹81 Cr
Other assets₹42 Cr₹53 Cr₹48 Cr₹48 Cr₹77 Cr₹50 Cr
Total assets₹81 Cr₹98 Cr₹103 Cr₹122 Cr₹170 Cr₹175 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 trimmed −0.17 pp while FIIs added +0.14 pp. The shareholder count grew 6% to 26,959.

Promoters
71.7%
FIIs
3.3%
DIIs
0.0%
Public
25.0%

Since Jun 2025

  • Public −0.17 pp
  • FIIs +0.14 pp
  • DIIs +0.03 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 71.7%, FIIs 2.4%, Public 25.9%.Dec '23: Promoters 71.7%, FIIs 2.6%, Public 25.7%.Mar '24: Promoters 71.7%, FIIs 2.6%, Public 25.6%.Jun '24: Promoters 71.7%, FIIs 2.8%, Public 25.5%.Sep '24: Promoters 71.7%, FIIs 2.8%, Public 25.5%.Dec '24: Promoters 71.7%, FIIs 2.8%, Public 25.5%.Mar '25: Promoters 71.7%, FIIs 3.1%, Public 25.1%.Jun '25: Promoters 71.7%, FIIs 3.1%, DIIs 0.0%, Public 25.1%.Sep '25: Promoters 71.7%, FIIs 3.1%, DIIs 0.0%, Public 25.1%.Dec '25: Promoters 71.7%, FIIs 3.1%, DIIs 0.0%, Public 25.1%.Mar '26: Promoters 71.7%, FIIs 3.2%, DIIs 0.0%, Public 25.0%.Jun '26: Promoters 71.7%, FIIs 3.3%, DIIs 0.0%, Public 25.0%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Sika Interplant above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Ultraweld Engineers Llp 70.10%unchanged
Rimo Capital Fund Lp FPI fund2.82%unchanged
Dr. C G Krishnadas Nair 1.57%−0.06 pp
Gourmet Estates Llp 1.52%unchanged
Investor Education And Protection Fund Authority Ministry Of Corporate Affairs 1.29%−0.07 pp
Sika Interplant Systems Limited 1.03%−0.07 pp
Rajeev Sikka 0.09%unchanged
Sonal Toshniwal 0.01%unchanged
Krishna Sikka 0.00%unchanged

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.

What the price assumes

Attractive

To justify its price of ₹1086, this stock must grow earnings at 36% every year for 7 years. Our analysis caps realistic growth at ~62%. At that growth it is worth ₹3381 — upside of 211%.

Growth the price implies
36.5% a year
for 7 years, fading to 4%
It has actually compounded at
63.6% a year
net profit, FY23–FY26 · EPS 62.2%
The gap
-0.3 pp
211% downside if it only repeats history
Price today ₹1,086 Value at the reference growth ₹3,381.06

Change the assumptions yourself →

Learn to analyse Sika Interplant

Guides on how to read this kind of business and the numbers that matter.