Sicagen India share price & results
- Jun 2026
- Jun 2026
Chennai-based diversified group distributing building materials and manufacturing steel drums, specialty water-treatment chemicals, governor/switchgear control systems and industrial cables.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 286 | +39.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 4.3 | −0.4 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 6.9 | +52.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 4.18 | +0.6 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 3.91 | +0.3 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 22.14 | −2.9 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −24.4% 1Y
1Y: ₹65.7 on 24 Oct 2025 → ₹49.64. High ₹74.06 (7 Aug 2026), low ₹42.78 (30 Mar 2026).
- Previous close
- ₹48.17
- Market cap
- ₹205 Cr
- 52-week range
- ₹42.78 – ₹74.06
- One year
- −24.94%
- Price to earnings (TTM to Jun 2026)
- 10.02×
- Return on equity (TTM to Jun 2026)
- 4.18%
Overview
- Symbol
- NSE:SICAGEN
- Sector
- Services
- Exchange
- NSE
- Currency
- INR
What Sicagen India Limited does
Based on the company's own presentations, annual report and earnings calls.
Sicagen India operates through distinct lines of business: distribution of building materials (pipes, steel, cables, paints, lighting, switchgear) through a 15-branch dealer network across India; manufacture of mild-steel drums and barrels for transporting lubricant oil, chemicals, bitumen and fruit pulp; water-treatment and process-improvement chemical solutions for petrochemical, fertilizer, refinery, power, pharma and agro industries; and governor/switchgear sales, service and automation as India's authorized service centre for WOODWARD governors and Eaton switchgears. It also builds boats, tugs and barges, and manufactures premium industrial cables through a Singapore subsidiary.
Segments
- Building Materials
- Industrial Packaging
- Speciality Chemicals
- Power & Control Systems
- Engineering
- Cable Manufacturing
- Lines of business
- 6 (Building Materials, Industrial Packaging, Speciality Chemicals, Power & Control Systems, Engineering, Cable Manufacturing)
- Building Materials branch network
- 15 branches across India
- Key building-material principals represented
- TATA Steel, Jindal Pipes, Maharashtra Seamless, Finolex Cables, Tamilnadu Steel Tubes, Berger, Crompton, L&T Electricals
- Power & Control Systems authorization
- India's only authorized service centre for WOODWARD governors; Eaton switchgear partner
- Overseas manufacturing subsidiary
- Wilson Cables Pte Ltd, Singapore
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +53% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 198 | 210 | 252 | 205 | 227 | 264 | 278 | 286 |
| Expenses | 189 | 203 | 241 | 195 | 218 | 255 | 267 | 274 |
| Operating profit | 8 | 7 | 11 | 10 | 9 | 9 | 11 | 12 |
| Operating margin | 4.2% | 3.3% | 4.2% | 4.8% | 4.0% | 3.5% | 4.0% | 4.3% |
| Other income | 3 | 4 | 2 | 2 | 2 | 3 | 3 | 2 |
| Interest | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 3 |
| Depreciation | 2 | 2 | 4 | 2 | 2 | 2 | 4 | 2 |
| Profit before tax | 6 | 6 | 6 | 6 | 6 | 7 | 6 | 9 |
| Tax rate | 29.2% | 23.8% | 38.3% | 27.1% | 27.8% | 28.6% | 30.1% | 25.4% |
| Net profit | 4 | 4 | 4 | 5 | 4 | 5 | 4 | 7 |
| EPS (₹ per share) | 1.05 | 1.06 | 1 | 1.15 | 1.05 | 1.25 | 1.13 | 1.75 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 895 | 795 | 891 | 973 |
| Expenses | 869 | 768 | 856 | 934 |
| Operating profit | 27 | 27 | 35 | 39 |
| Other income | 15 | 7 | 11 | 9 |
| Interest | 9 | 11 | 11 | 13 |
| Depreciation | 11 | 10 | 11 | 11 |
| Profit before tax | 22 | 14 | 24 | 25 |
| Net profit | 18 | 11 | 17 | 18 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 40 | 40 | 40 | 40 | 40 | 40 |
| Reserves | 383 | 400 | 420 | 444 | 478 | 455 |
| Borrowings | 95 | 121 | 121 | 148 | 164 | 159 |
| Other liabilities | 140 | 68 | 143 | 64 | 148 | 86 |
| Total liabilities | 656 | 629 | 723 | 696 | 830 | 740 |
| Fixed assets | 141 | 141 | 140 | 137 | 140 | 140 |
| Capital work in progress | 0 | 0 | 1 | 0 | 1 | 0 |
| Investments | 70 | 69 | 73 | 79 | 93 | 66 |
| Other assets | 445 | 418 | 510 | 480 | 596 | 533 |
| Total assets | 656 | 629 | 723 | 696 | 830 | 740 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 31 | -2 | 15 | 25 | 33 | 44 |
| Cash from investing | -17 | 18 | -4 | -3 | -14 | -7 |
| Cash from financing | -12 | -18 | -13 | -20 | -17 | -19 |
| Net cash flow | 3 | -2 | -3 | 2 | 2 | 18 |
| Free cash flow | 29 | 13 | 11 | 22 | 33 | 38 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 115 | 107 | 76 | 114 | 94 | 91 |
| Inventory days | 80 | 50 | 65 | 67 | 60 | 63 |
| Days payable | 40 | 60 | 24 | 47 | 20 | 24 |
| Cash conversion cycle | 155 | 97 | 117 | 134 | 134 | 130 |
| Working capital days | 114 | 84 | 85 | 97 | 87 | 82 |
| Return on capital employed | 2.0% | 4.0% | 4.0% | 4.0% | 6.0% | 6.0% |
| Dividend payout | −74.0% | −162.0% | 13.0% | 23.0% | 23.0% | 22.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Trading contributes 56.2% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- Trading 56.2%
₹160.70 crore
- Manufacturing 43.8%
₹125.26 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Trading | 160.70 | 56.2% |
| Manufacturing | 125.26 | 43.8% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹285.96 crore
- Intersegment adjustment
- ₹0.00 crore
- Net segment revenue
- ₹285.96 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Each segment’s share of reported revenue, quarter by quarter.
| Segment | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Trading | — | — | 24% | 64% | — | — | 55% | 56% | — |
| Manufacturing | — | — | 76% | 36% | — | — | 45% | 44% | — |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
What the price assumes
AttractiveTo justify its price of ₹50, this stock must grow earnings at 4% every year for 7 years. Our analysis caps realistic growth at ~13%. At that growth it is worth ₹84 — upside of 70%.
- Growth the price implies
- 3.5% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 13.2% a year
- net profit, FY23–FY26 · EPS 13.4%
- The gap
- -0.1 pp
- 70% downside if it only repeats history
Ownership
Who owns it
Promoters hold 61.13% as of Jun 2026; institutions added 0.00 pts since Mar 2026.
- Promoters 61.13%
- Foreign institutions 2.47%
- Domestic institutions 0.58%
- Public 35.81%
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.
- +3.91 pp 9.11% held
The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Sicagen India Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| 18.70% | unchanged | |
| 18.39% | unchanged | |
| 12.24% | unchanged | |
| 9.11% | +3.91 pp | |
| 2.50% | unchanged | |
| FPI fund | 2.42% | unchanged |
| 2.38% | unchanged | |
| 2.01% | unchanged | |
| 1.46% | unchanged | |
| 1.26% | unchanged | |
| 1.00% | −3.90 pp | |
| 0.11% | 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.
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