SIGACHI
Sigachi Industries share price & financials
- Price
- ₹25.02
- Market cap
- ₹1.1k Cr
- Sector
- Healthcare
- Calls analysed
- 6
Sigachi Industries Limited Q1 FY27
What went well
- Total operating income for Q1 FY27 stood at INR121.27 crores, with an EBITDA of INR16.5 crores.
- EBITDA margin was 13.6% and net profit was INR8.14 crores, translating to a PAT margin of 6.76%.
- MCC average realization increased to INR241.36 per kg in Q1 FY27 from INR216 per kg in Q4 FY26, an 11.74% QoQ increase.
What to watch
- Lost 6,000 metric tons per annum of MCC capacity due to an incident at the Hyderabad facility, leading to market share loss.
- The Dahej plant expansion timeline has been revised from Q1 FY28 to Q2 FY28 due to likely delays.
Guidance record · Q1 FY27
what the last two calls moved 17 tracked 0 delivered 2 missed 15 open- Revenue Growth missed said Q4 FY25 Promised: >25% growth over the next 2 to 3 years Q1 FY27: Historical promise that was missed in FY26. Not discussed.
- EBITDA Margin delayed said Q4 FY25 Promised: beyond 25% Q1 FY27: Management reiterated FY27 guidance of 18%, which is significantly below the original >25% target. Q1 margin was 13.6%. The promise remains significantly delayed.
- Revenue from Cystic Fibrosis API on track said Q3 FY26 Promised: INR 250 crores after 12 months post-commercialization Q1 FY27: Management stated that revenues from the cystic fibrosis product are expected by next year, indicating the project is progressing.
All 17 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue down 11.4%, net profit up 106.6% 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 | 109 | 105 | 114 | 111 | 84 −23% | 92 −12% | 92 −19% | 98 −11% |
| EBITDA | 18 | 21 | 19 | 24 | 7 −63% | 7 −66% | 12 −35% | 13 −45% |
| Net profit | 22 | 10 | 7 | -99 | 12 −46% | 3 −70% | 5 −30% | 7 +107% |
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 +20.3% 1Y
1Y: ₹31.52 on 10 Sept 2025 → ₹37.93. High ₹44.38 (17 Sept 2025), low ₹16.92 (30 Mar 2026).
How the price took the results
close before → close after
- Q1 FY27
- +4.7%
- 13 Aug
- Q4 FY26
- +4.9%
- 30 May
- Q3 FY26
- −3.0%
- 14 Feb
- Q2 FY26
- +0.2%
- 24 Oct
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 8.0% a year over 3 years, FY23 to FY26. Operating margin narrowed to 13.2%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹301 Cr | ₹318 Cr | ₹408 Cr | ₹379 Cr |
| Operating profit | ₹58 Cr | ₹59 Cr | ₹74 Cr | ₹50 Cr |
| Operating margin | 19.3% | 18.7% | 18.2% | 13.2% |
| Interest | ₹4 Cr | ₹7 Cr | ₹11 Cr | ₹10 Cr |
| Depreciation | ₹7 Cr | ₹9 Cr | ₹13 Cr | ₹14 Cr |
| Net profit | ₹44 Cr | ₹41 Cr | ₹48 Cr | ₹-80 Cr |
| Net margin | 14.7% | 12.9% | 11.7% | -21.0% |
| Cash from operations | ₹28 Cr | ₹15 Cr | ₹36 Cr | ₹44 Cr |
| Free cash flow | ₹-72 Cr | ₹-67 Cr | ₹-6 Cr | ₹3 Cr |
| ROCE | 19.0% | 14.0% | 13.0% | 7.0% |
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 | ₹8 Cr | ₹31 Cr | ₹31 Cr | ₹33 Cr | ₹38 Cr | ₹38 Cr |
| Reserves | ₹87 Cr | ₹196 Cr | ₹235 Cr | ₹377 Cr | ₹470 Cr | ₹438 Cr |
| Borrowings | ₹21 Cr | ₹35 Cr | ₹68 Cr | ₹135 Cr | ₹145 Cr | ₹126 Cr |
| Other liabilities | ₹18 Cr | ₹22 Cr | ₹35 Cr | ₹64 Cr | ₹198 Cr | ₹123 Cr |
| Total liabilities | ₹134 Cr | ₹284 Cr | ₹369 Cr | ₹609 Cr | ₹851 Cr | ₹725 Cr |
| Fixed assets | ₹38 Cr | ₹53 Cr | ₹122 Cr | ₹139 Cr | ₹327 Cr | ₹211 Cr |
| Capital work in progress | ₹4 Cr | ₹10 Cr | ₹35 Cr | ₹91 Cr | ₹16 Cr | ₹27 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹2 Cr | ₹102 Cr | ₹0 Cr | ₹139 Cr |
| Other assets | ₹92 Cr | ₹221 Cr | ₹210 Cr | ₹276 Cr | ₹508 Cr | ₹348 Cr |
| Total assets | ₹134 Cr | ₹284 Cr | ₹369 Cr | ₹609 Cr | ₹851 Cr | ₹725 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 +9.08 pp while promoters trimmed −7.45 pp. The shareholder count grew 25% to 1,88,986.
- Promoters
- 36.7%
- FIIs
- 1.3%
- Public
- 62.0%
Since Jun 2025
- Public +9.08 pp
- Promoters −7.45 pp
- FIIs −1.64 pp
How it drifted, 12 quarters
Over this window promoters fell from 48.5% to 36.7% — −11.8 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 48.5%, FIIs 0.9%, Public 50.6%.Dec '23: Promoters 46.1%, FIIs 1.8%, Public 52.2%.Mar '24: Promoters 45.4%, FIIs 2.1%, Public 52.5%.Jun '24: Promoters 45.4%, FIIs 1.6%, Public 53.0%.Sep '24: Promoters 44.7%, FIIs 1.6%, Public 53.7%.Dec '24: Promoters 44.7%, FIIs 0.2%, Public 55.1%.Mar '25: Promoters 44.1%, FIIs 0.1%, Public 55.8%.Jun '25: Promoters 44.1%, FIIs 2.9%, Public 53.0%.Sep '25: Promoters 40.5%, FIIs 3.1%, Public 56.4%.Dec '25: Promoters 39.7%, FIIs 3.3%, Public 57.0%.Mar '26: Promoters 36.7%, FIIs 1.3%, Public 62.0%.Jun '26: Promoters 36.7%, FIIs 1.3%, Public 62.0%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Sigachi Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Rps Industries Private Limited | 15.02% | unchanged |
| Chidambarnathan Shanmuganathan | 5.08% | unchanged |
| Rabindra Prasad Sinha | 3.99% | unchanged |
| Amit Raj Sinha | 3.66% | unchanged |
| Rakesh Yadav | 2.65% | unchanged |
| Swati Sinha | 2.36% | unchanged |
| Nitin Raj Sinha | 1.67% | unchanged |
| Dharani Devi Chidambaranatham | 1.67% | unchanged |
| Maheshwari Vijaybhai Bhavsar | 1.30% | unchanged |
| Sudhir Yadav | 1.23% | unchanged |
| Rps Family Trust | 1.21% | unchanged |
| Smita Sinha | 0.81% | 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
- Growth the price implies
- 38.0% a year
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
All earnings calls (5)
Read the Q1 FY27 call →Learn to analyse Sigachi Industries Limited
Guides on how to read this kind of business and the numbers that matter.