SINGERIND
Singer India financials
- Market cap
- ₹510 Cr
- Sector
- Consumer Durables
- Calls analysed
- 1
Singer India Limited Q1 FY27
What went well
- Revenue grew by 57% to ₹144.5 crores, demonstrating strong growth momentum.
- PBT increased by 225% to ₹4 crores, and EBITDA grew by 330% to ₹5.5 crores.
- The Sewing Machine category achieved robust growth of 74% in Q1, with Zigzag Machines growing over 20% and E-commerce business over 55%.
What to watch
- Steep increase in commodity prices, labor shortage, and price volatility posed sourcing challenges during the quarter.
- Appliances segment result was lower by approximately ₹0.74 crores compared to last year Q1, primarily due to the impact of EPR (₹1.2 crores) and investments in market expansion.
Guidance record · Q1 FY27
what the last two calls moved 5 tracked 0 delivered 0 missed 5 open- Appliances Segment EBIT open said Q1 FY27 Promised: Achieve EBIT breakeven in the Appliances segment Q1 FY27: Management stated the goal is to become EBIT breakeven next year. The current quarter segment result was a loss of ₹0.74 crores.
All 5 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 56.9%, net profit up 227.1% 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 | 106 | 106 | 122 | 92 | 138 +30% | 161 +53% | 166 +37% | 145 +57% |
| EBITDA | 1 | 1 | 4 | -4 | 4 +500% | 8 +858% | 7 +67% | 4 +196% |
| Net profit | 1 | 2 | 4 | -2 | 4 +202% | 5 +257% | 6 +46% | 3 +227% |
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 +8.2% YTD
YTD: ₹70.42 on 19 Mar 2026 → ₹76.16. High ₹91.3 (12 Aug 2026), low ₹60.92 (30 Mar 2026).
How the price took the results
close before → close after
- Q1 FY27
- −6.6%
- 13 Aug
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 3.6% a year over 4 years, FY19 to FY26. Operating margin held at 2.7%.
| Year ending | FY19 | FY20 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | ₹483 Cr | ₹451 Cr | ₹425 Cr | ₹432 Cr | ₹557 Cr |
| Operating profit | ₹15 Cr | ₹15 Cr | ₹1 Cr | ₹6 Cr | ₹15 Cr |
| Operating margin | 3.1% | 3.2% | 0.3% | 1.3% | 2.7% |
| Interest | ₹1 Cr | ₹2 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹1 Cr | ₹4 Cr | ₹3 Cr | ₹2 Cr | ₹4 Cr |
| Net profit | ₹9 Cr | ₹8 Cr | ₹5 Cr | ₹7 Cr | ₹13 Cr |
| Net margin | 1.9% | 1.8% | 1.1% | 1.7% | 2.3% |
| Cash from operations | ₹0 Cr | ₹17 Cr | — | — | — |
| Free cash flow | ₹0 Cr | ₹16 Cr | — | — | — |
| ROCE | 21.0% | 18.0% | 4.0% | 7.0% | 11.0% |
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 | ₹11 Cr | ₹11 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr |
| Reserves | ₹61 Cr | ₹66 Cr | ₹124 Cr | ₹132 Cr | ₹147 Cr | ₹166 Cr |
| Borrowings | ₹2 Cr | ₹3 Cr | ₹2 Cr | ₹2 Cr | ₹1 Cr | ₹5 Cr |
| Other liabilities | ₹97 Cr | ₹94 Cr | ₹85 Cr | ₹103 Cr | ₹82 Cr | ₹108 Cr |
| Total liabilities | ₹171 Cr | ₹174 Cr | ₹223 Cr | ₹249 Cr | ₹243 Cr | ₹292 Cr |
| Fixed assets | ₹11 Cr | ₹8 Cr | ₹9 Cr | ₹8 Cr | ₹12 Cr | ₹29 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr |
| Investments | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Other assets | ₹158 Cr | ₹164 Cr | ₹212 Cr | ₹239 Cr | ₹228 Cr | ₹259 Cr |
| Total assets | ₹171 Cr | ₹174 Cr | ₹223 Cr | ₹249 Cr | ₹243 Cr | ₹292 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 +0.29 pp while promoters trimmed −0.27 pp. The shareholder count shrank 9% to 22,462.
- Promoters
- 30.5%
- DIIs
- 0.0%
- Government
- 0.8%
- Public
- 68.7%
Since Jun 2025
- Public +0.29 pp
- Promoters −0.27 pp
- DIIs 0.00 pp
How it drifted, 12 quarters
Over this window the public went from 63.9% to 68.7% — +4.8 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 31.0%, DIIs 4.3%, Government 0.8%, Public 63.9%.Dec '23: Promoters 31.0%, DIIs 3.6%, Government 0.8%, Public 64.7%.Mar '24: Promoters 31.0%, DIIs 3.2%, Government 0.8%, Public 65.1%.Jun '24: Promoters 31.0%, DIIs 2.6%, Government 0.8%, Public 65.7%.Sep '24: Promoters 31.0%, Government 0.8%, Public 68.2%.Dec '24: Promoters 30.8%, DIIs 0.0%, Government 0.8%, Public 68.5%.Mar '25: Promoters 30.8%, DIIs 0.0%, Government 0.8%, Public 68.5%.Jun '25: Promoters 30.8%, DIIs 0.0%, Government 0.8%, Public 68.5%.Sep '25: Promoters 30.8%, DIIs 0.0%, Government 0.8%, Public 68.5%.Dec '25: Promoters 30.8%, DIIs 0.0%, Government 0.8%, Public 68.5%.Mar '26: Promoters 30.5%, DIIs 0.0%, Government 0.8%, Public 68.7%.Jun '26: Promoters 30.5%, DIIs 0.0%, Government 0.8%, Public 68.7%.
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.
- Siddharath Bindra newly disclosed 1.17% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Singer India Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Retail Holdings (India) B. V. | 30.49% | unchanged |
| Rekha Jhunjhunwala - 2 | 6.83% | unchanged |
| Pga Securities Private Limited | 5.04% | unchanged |
| Gauri Tandon . | 2.18% | unchanged |
| Farah Malik Bhanji | 2.11% | unchanged |
| Vashulinga Finance Pvt Ltd | 1.44% | unchanged |
| Pivotal Business Managers Llp | 1.21% | unchanged |
| Tanvi Jignesh Mehta | 1.20% | unchanged |
| Siddharath Bindra | 1.17% | newly disclosed |
| Veena Kumari Tandon | 1.13% | unchanged |
| Meena Bindra . | — | 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 ₹76, this stock must grow earnings at 29% every year for 7 years. Our analysis caps realistic growth at ~67%. At that growth it is worth ₹411 — upside of 440%.
- Growth the price implies
- 29.0% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 68.4% a year
- net profit, FY24–FY26 · EPS 66.8%
- The gap
- -0.4 pp
- 440% downside if it only repeats history
Learn to analyse Singer India Limited
Guides on how to read this kind of business and the numbers that matter.