SEKURITIND
Saint-Gobain Sekurit India financials
- Market cap
- ₹1.0k Cr
Quarterly results
Q1 FY27: revenue up 10.8%, net profit down 12.8% 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 | 52 | 53 | 54 | 55 | 60 +17% | 62 +16% | 66 +23% | 61 +11% |
| EBITDA | 9 | 11 | 11 | 12 | 13 +46% | 13 +12% | 14 +35% | 10 −15% |
| Net profit | 8 | 10 | 10 | 11 | 11 +30% | 11 +11% | 13 +31% | 9 −13% |
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 −5.2% 1Y
1Y: ₹116.35 on 10 Sept 2025 → ₹110.34. High ₹136.1 (6 Jul 2026), low ₹86.03 (30 Mar 2026).
Financials, as filed
Revenue grew 10.0% a year over 2 years, FY24 to FY26. Operating margin widened to 21.1%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹201 Cr | ₹208 Cr | ₹243 Cr |
| Operating profit | ₹37 Cr | ₹39 Cr | ₹51 Cr |
| Operating margin | 18.4% | 18.7% | 21.1% |
| Interest | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹4 Cr | ₹4 Cr | ₹3 Cr |
| Net profit | ₹31 Cr | ₹36 Cr | ₹46 Cr |
| Net margin | 15.6% | 17.3% | 18.8% |
| Cash from operations | ₹30 Cr | ₹28 Cr | ₹33 Cr |
| Free cash flow | ₹27 Cr | ₹23 Cr | ₹30 Cr |
| ROCE | 20.0% | 20.0% | 24.0% |
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 | ₹91 Cr | ₹91 Cr | ₹91 Cr | ₹91 Cr | ₹91 Cr | ₹91 Cr |
| Reserves | ₹50 Cr | ₹89 Cr | ₹90 Cr | ₹108 Cr | ₹128 Cr | ₹152 Cr |
| Borrowings | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Other liabilities | ₹24 Cr | ₹19 Cr | ₹20 Cr | ₹26 Cr | ₹45 Cr | ₹47 Cr |
| Total liabilities | ₹171 Cr | ₹205 Cr | ₹207 Cr | ₹226 Cr | ₹265 Cr | ₹291 Cr |
| Fixed assets | ₹22 Cr | ₹20 Cr | ₹18 Cr | ₹17 Cr | ₹18 Cr | ₹18 Cr |
| Capital work in progress | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹2 Cr |
| Investments | ₹103 Cr | ₹133 Cr | ₹143 Cr | ₹160 Cr | ₹173 Cr | ₹200 Cr |
| Other assets | ₹46 Cr | ₹52 Cr | ₹46 Cr | ₹48 Cr | ₹73 Cr | ₹72 Cr |
| Total assets | ₹171 Cr | ₹205 Cr | ₹207 Cr | ₹226 Cr | ₹265 Cr | ₹291 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
The ownership split has held steady since Jun 2025. The shareholder count shrank 6% to 38,662.
- Promoters
- 75.0%
- Public
- 25.0%
Since Jun 2025
- Public −0.02 pp
- Promoters 0.00 pp
- FIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, FIIs 0.3%, Public 24.7%.Dec '23: Promoters 75.0%, FIIs 0.3%, Public 24.7%.Mar '24: Promoters 75.0%, FIIs 0.3%, Public 24.7%.Jun '24: Promoters 75.0%, FIIs 0.3%, Public 24.7%.Sep '24: Promoters 75.0%, FIIs 0.3%, Public 24.7%.Dec '24: Promoters 75.0%, FIIs 0.2%, Public 24.8%.Mar '25: Promoters 75.0%, Public 25.0%.Jun '25: Promoters 75.0%, Public 25.0%.Sep '25: Promoters 75.0%, Public 25.0%.Dec '25: Promoters 75.0%, Public 25.0%.Mar '26: Promoters 75.0%, Public 25.0%.Jun '26: Promoters 75.0%, Public 25.0%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Saint-Gobain Sekurit India Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Saint-Gobain Sekurit France | 48.26% | unchanged |
| Saint Gobain India Private Limited | 26.74% | 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
AttractiveTo justify its price of ₹110, this stock must grow earnings at 17% every year for 7 years. Our analysis caps realistic growth at ~21%. At that growth it is worth ₹137 — upside of 25%.
- Growth the price implies
- 17.0% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 21.1% a year
- net profit, FY24–FY26 · EPS 21.3%
- The gap
- -0.0 pp
- 25% downside if it only repeats history
Learn to analyse Saint-Gobain Sekurit India Ltd.
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