SIGIND
Signet Industries financials
- Market cap
- ₹208 Cr
- Sector
- Services
Quarterly results
Q1 FY27: revenue up 17.9%, net profit up 1066.7% 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 | 258 | 304 | 365 | 260 | 307 +19% | 390 +28% | 391 +7% | 306 +18% |
| EBITDA | 21 | 22 | 31 | 25 | 21 +3% | 24 +10% | 27 −11% | 28 +13% |
| Net profit | 3 | 5 | 7 | 1 | 3 +8% | 5 +14% | 7 −8% | 8 +1067% |
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 +27.7% 1Y
1Y: ₹55.42 on 10 Sept 2025 → ₹70.79. High ₹73.29 (20 Aug 2026), low ₹41.49 (23 Mar 2026).
Financials, as filed
Revenue grew 9.8% a year over 3 years, FY23 to FY26. Operating margin widened to 7.3%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹1.0k Cr | ₹1.2k Cr | ₹1.2k Cr | ₹1.3k Cr |
| Operating profit | ₹69 Cr | ₹84 Cr | ₹88 Cr | ₹98 Cr |
| Operating margin | 6.8% | 6.9% | 7.5% | 7.3% |
| Interest | ₹44 Cr | ₹56 Cr | ₹59 Cr | ₹62 Cr |
| Depreciation | ₹9 Cr | ₹10 Cr | ₹9 Cr | ₹9 Cr |
| Net profit | ₹13 Cr | ₹15 Cr | ₹16 Cr | ₹16 Cr |
| Net margin | 1.3% | 1.3% | 1.3% | 1.2% |
| Cash from operations | ₹51 Cr | ₹30 Cr | ₹16 Cr | ₹16 Cr |
| Free cash flow | ₹43 Cr | ₹24 Cr | ₹12 Cr | ₹-10 Cr |
| ROCE | 12.0% | 15.0% | 14.0% | 14.0% |
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 | ₹29 Cr | ₹29 Cr | ₹29 Cr | ₹29 Cr | ₹29 Cr | ₹29 Cr |
| Reserves | ₹159 Cr | ₹166 Cr | ₹177 Cr | ₹191 Cr | ₹207 Cr | ₹218 Cr |
| Borrowings | ₹295 Cr | ₹307 Cr | ₹309 Cr | ₹336 Cr | ₹411 Cr | ₹460 Cr |
| Other liabilities | ₹246 Cr | ₹216 Cr | ₹213 Cr | ₹212 Cr | ₹242 Cr | ₹253 Cr |
| Total liabilities | ₹729 Cr | ₹718 Cr | ₹729 Cr | ₹768 Cr | ₹889 Cr | ₹960 Cr |
| Fixed assets | ₹81 Cr | ₹79 Cr | ₹82 Cr | ₹79 Cr | ₹69 Cr | ₹86 Cr |
| Capital work in progress | ₹2 Cr | ₹5 Cr | ₹1 Cr | ₹0 Cr | ₹2 Cr | ₹3 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹6 Cr | ₹5 Cr |
| Other assets | ₹646 Cr | ₹634 Cr | ₹645 Cr | ₹687 Cr | ₹813 Cr | ₹866 Cr |
| Total assets | ₹729 Cr | ₹718 Cr | ₹729 Cr | ₹768 Cr | ₹889 Cr | ₹960 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, promoters added +0.62 pp while the public trimmed −0.62 pp. The shareholder count shrank 7% to 14,436.
- Promoters
- 73.4%
- Public
- 26.6%
Since Jun 2025
- Promoters +0.62 pp
- Public −0.62 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 72.6%, Public 27.4%.Dec '23: Promoters 72.6%, Public 27.4%.Mar '24: Promoters 72.6%, Public 27.4%.Jun '24: Promoters 72.6%, Public 27.4%.Sep '24: Promoters 72.8%, Public 27.2%.Dec '24: Promoters 72.8%, Public 27.2%.Mar '25: Promoters 72.8%, Public 27.2%.Jun '25: Promoters 72.8%, Public 27.2%.Sep '25: Promoters 72.9%, Public 27.1%.Dec '25: Promoters 72.9%, Public 27.1%.Mar '26: Promoters 73.3%, Public 26.7%.Jun '26: Promoters 73.4%, Public 26.6%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Signet Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Shree Balaji Starch And Chemicals Limited | 13.20% | unchanged |
| Mukesh Sangla Huf | 11.58% | unchanged |
| Swan Irrigation Llp | 9.82% | unchanged |
| Adroit Industries India Limited | 9.26% | unchanged |
| Ornate Impex Private Limited | 7.06% | unchanged |
| Signet Tradelinks Private Limited | 7.02% | unchanged |
| Mukesh Sangla | 5.46% | unchanged |
| Signet Impex Private Limited | 3.34% | unchanged |
| Monika Sangla | 1.82% | unchanged |
| Saurabh Sangla | 0.51% | unchanged |
| Avantika Sangla | 0.00% | unchanged |
| Pranay Trades Link Llp | — | 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.
What the price assumes
AttractiveTo justify its price of ₹71, this stock must grow earnings at -2% every year for 7 years. Our analysis caps realistic growth at ~7%. At that growth it is worth ₹120 — upside of 69%.
- Growth the price implies
- -2.3% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 7.4% a year
- net profit, FY23–FY26 · EPS 7.3%
- The gap
- -0.1 pp
- 69% downside if it only repeats history
Learn to analyse Signet Industries Limited
Guides on how to read this kind of business and the numbers that matter.