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Sigachi Industries Ltd (SIGACHI)

₹58.10.85%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's High

    ₹58.1
    ₹58.25
  • 52 Week's Low

    52 Week's High

    ₹29.2
    ₹95.9
1 Month Return-5.56 %
3 Month Return-15.8 %
1 Year Return+ 90.38 %
Previous Close₹58.60
Open₹58.25
Volume10.70L
Upper Circuit-
Lower Circuit-
Market Cap₹1,923.22Cr

Key Statistics

P/E Ratio31.9
PEG Ratio50.32
Market Cap₹1,923.22 Cr
P/B Ratio2.61
EPS1.416

Company Information

Sigachi Industries Limited, established in 1989 as Sigachi ChloroChemicals Private Limited, is a public limited company with multilocational facilities in Telangana & Gujarat. Their main focus is on manufacturing Micro-Crystalline Cellulose Powder (MCCP). They are industry leaders in the Pharma Excipients, Nutra and food sector. In 2017, Sigachi allotted 73000 equity shares in a premium private placement and incorporated their wholly-owned subsidiary, Sigachi USInc, with an investment of USD 20,000. In 2020, Sigachi allotted 4609500 bonus shares to existing shareholders in a 3:2 ratio, followed by a ₹125.43 crore IPO in November 2021. This issue comprised 7695000 fresh shares, allotted at ₹163 (premium of ₹153) per share, and was listed on the BSE Ltd and NSE (India) on 15 November 2021.

Share Price: ₹58.10 per share as on 22 Jul, 2024 01:03 PM
Market Capitalisation: ₹1,923.22Cr as of today
Revenue: ₹104.13Cr as on March 2024 (Q1 24)
Net Profit: ₹15.17Cr as on March 2024 (Q1 24)
Listing date: 15 Nov, 2021
Chairperson Name: Rabindra Prasad Sinha
OrganisationSigachi Industries Ltd
Headquarters
IndustryPharmaceuticals
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Key events for Sigachi Industries Ltd

  • Sigachi Industries' Statutory Profit May Be Misleading - 03 Jun, 2024

    Sigachi Industries' accrual ratio of 0.33 for the year to March 2024 indicates that its free cashflow was significantly lower than its statutory profit, raising questions about how useful that profit figure really is. Additionally, issuing new shares has diluted shareholder returns.

  • Sigachi Industries Reports Strong Financial Results - 27 May, 2024

    Sigachi Industries reports a 43.78% YoY increase in net sales, with quarterly net profit up by 105.58%. The company's EBITDA also increased by 71.67%. However, EPS decreased from Rs. 2.38 to Rs. 0.48. Sigachi shares closed at 72.85 on May 24, 2024 (NSE), providing returns of 36.55% over the last 6 months and 193.28% over the last 12 months.

  • Sigachi Industries Plans to Diversify and Expand Production Capacity - 24 May, 2024

    Sigachi Industries saw a huge growth in FY 2023, with revenue surging by 20.68%. The company plans to diversify its pharma product mix, expand production capacity, and explore untapped global markets. Sigachi also acquired an 80% stake in Trimax BioSciences.

Insights on Sigachi Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 52.51% to 53.01% in Jun 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 45.43% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 16.11 Cr → 15.04 Cr (in ₹), with an average decrease of 6.6% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, SIGACHI stock has moved down by -15.8%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 2.06% to 1.56% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 112.66 Cr → 111.37 Cr (in ₹), with an average decrease of 1.2% per quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹104.13Cr
↓6.15%
Net Income
₹15.17Cr
↓5.83%
Net Profit Margin
14.57%
↑0.34%
2023Y/Y Change
Revenue
₹302.05Cr
↑20.68%
Net Income
₹43.54Cr
↑8.74%
Net Profit Margin
14.41%
↓9.94%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹369.17Cr
↑29.82%
Total Liabilities
₹103.60Cr
↑81.12%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹27.68Cr
↑417.38%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
45.43%
0.00
Foreign Institutions
1.56%
-24.52
Mutual Funds
0%
133.33
Retail Investors
53.01%
0.96
Others
0%
0.00

Key Indicators

Sigachi Industries Ltd Valuation

Sigachi Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (1.36x)

March 8, 2022

Today (31.90x)

July 19, 2024

Industry (57.38x)

July 19, 2024

Highest (66.25x)

February 27, 2024

LowHigh

Earnings and Dividends

  • Sigachi Industries Ltd Earnings Results

    Sigachi Industries Ltd’s net profit jumped 105.46% since last year same period to ₹15.04Cr in the Q4 2023-2024. On a quarterly growth basis, Sigachi Industries Ltd has generated -6.64% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Sigachi Industries Ltd Dividends May,2023

    In the quarter ending March 2023, Sigachi Industries Ltd has declared dividend of ₹1 - translating a dividend yield of 3.41%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Sigachi Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Sigachi Industries Ltd (SIGACHI) share price today is ₹58.1

Sigachi Industries Ltd is listed on NSE

Sigachi Industries Ltd is listed on BSE

  • Today’s highest price of Sigachi Industries Ltd is ₹58.25.
  • Today’s lowest price of Sigachi Industries Ltd is ₹58.1.

PE Ratio of Sigachi Industries Ltd is 31.9

PE ratio = Sigachi Industries Ltd Market price per share / Sigachi Industries Ltd Earnings per share

Today’s traded volume of Sigachi Industries Ltd(SIGACHI) is 10.70L.

Today’s market capitalisation of Sigachi Industries Ltd(SIGACHI) is ₹1923.22Cr.

Sigachi Industries Ltd(SIGACHIPrice
52 Week High
₹95.9
52 Week Low
₹29.2

Sigachi Industries Ltd(SIGACHI) share price is ₹58.1. It is down -39.42% from its 52 Week High price of ₹95.9

Sigachi Industries Ltd(SIGACHI) share price is ₹58.1. It is up 98.97% from its 52 Week Low price of ₹29.2

Sigachi Industries Ltd(SIGACHIReturns
1 Day Returns
-0.5%
1 Month Returns
-5.56%
3 Month Returns
-15.8%
1 Year Returns
90.38%