Signet Industries Limited (SIGIND)

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Signet Industries Limited (SIGIND) · mywealthgrid

About

Signet Industries is a small-cap trading and distribution company within Commercial Services & Supplies, operating at ₹209.18 Cr market cap with quarterly revenue around ₹300–390 Cr. The company supplies industrial and commercial goods with cyclical demand patterns. It recovered from a near break-even Jun 2025 quarter to ₹8.05 Cr profit in Jun 2026.

Face value: ₹10

Market cap

₹198 Cr

P/E

8.4×

P/B

0.8×

Dividend yield

0.7%

ROE

6.7%

ROCE

32.2%

Debt / equity

1.86

OPM

7.3%

EPS (TTM)

₹8.0

Book value

₹84.0

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Extreme earnings volatility: net profit swung ₹0.69 Cr (Jun 2025) to ₹8.05 Cr (Jun 2026); EPS ranged ₹0.11–₹2.61, suggesting customer or project concentration
High debt load with thin margins: D/E of 1.86 paired with 7.26% average OPM leaves limited headroom for downturns
Lumpy revenue pattern (₹259–₹391 Cr quarterly) indicates dependence on few large orders; verify contract pipelines and customer concentration
Cyclical exposure: near break-even in Jun 2025 and 6.23% margin trough show acute sensitivity to industrial activity slowdowns

Generated analysis · source review pending

Growth drivers

Revenue growth of 18% YoY (₹259.52 Cr Jun 2025 to ₹306.03 Cr Jun 2026) from cyclical trough
Net profit recovery to ₹8.05 Cr (Jun 2026) from ₹0.69 Cr (Jun 2025) if cyclical recovery continues
Operating margin improved from 6.23% (Dec 2025) to 9.14% (Jun 2026) on cost discipline or product mix

Generated analysis · source review pending

1,993 historical price candles were omitted because the exchange source has not been verified.

₹69.0+0.9%1Y

Quick read

rule-based

Pros

+High return on capital employed of 29.9%
+High promoter holding of 73.4% with no pledge

Cons

−Low return on equity of 6.9% (3-yr avg)
−Thin operating margin of 7.3%
−Heavily leveraged (debt/equity 1.9)
−Weak interest coverage of 1.5×
−Low dividend payout of 6.2% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

61/100

Business quality: 23
Growth: 60

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	794	931	232	232	883	827	877	1,018	1,213	1,179	1,347
COGS	-663	-800	196	196	731	688	730	842	1,011	995	1,135
Gross profit	—	—	36	36	152	139	147	176	202	184	212
	1,390	1,668	15	15	85	77	85	107	118	96	114
	67	63	21	21	67	62	62	69	84	88	98
OPM %	8.4%	6.7%	9%	9%	7.6%	7.6%	7%	6.8%	6.9%	7.5%	7.3%
Depreciation	7	7	2	2	8	8	9	9	10	9	9
Interest	40	37	10	10	44	46	43	44	56	59	62
	3	5	2	2	2	3	1	3	5	2	-3
Profit before tax	23	24	11	11	16	12	12	19	23	22	24
Tax	6	5	2	2	4	-2	3	6	8	7	8
Tax %	24.8%	20.2%	20.7%	20.7%	25.8%	-19.3%	29.6%	31.8%	33%	29.7%	31.7%
	17	19	8	8	12	14	8	13	15	16	16
PAT margin %	2.2%	2.1%	3.6%	3.6%	1.3%	1.7%	0.9%	1.3%	1.3%	1.3%	1.2%
EPS (₹)	2.4	—	2.9	2.9	3.9	4.6	2.7	4.3	5.1	5.2	5.4
EPS adjusted (₹)	—	—	—	—	4	4.7	2.8	4.4	5.3	5.3	5.5
	2.1%	—	17.5%	17.5%	12.9%	10.8%	18.7%	11.6%	9.8%	9.6%	9.3%
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	29	29	29	29	29	29	29
Reserves	—	159	166	177	191	205	218
	—	271	288	309	335	388	459
	—	269	235	213	213	226	254
Total equity & liabilities	—	729	718	729	768	847	960
	77	81	79	82	79	72	85
CWIP	—	2	5	1	0	0	3
Investments	—	0	0	1	1	6	5
	—	646	634	645	688	769	867
Total assets	—	729	718	729	768	847	960

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Trading	906.82	18.56	149.51	80.6	68.91	26.93
Manufacturing	439.05	74.47

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	15.6%	17.2%	16.8%	16.7%	17.3%	16.7%	15.6%	15.7%
EBITDA margin %	9%	7.6%	7.6%	7%	6.8%	6.9%	7.5%	7.3%
EBIT margin %	8.3%	6.7%	6.6%	6.1%	5.9%	6.1%	6.7%	6.6%
PAT margin %	3.6%	1.3%	1.7%	0.9%	1.3%	1.3%	1.3%	1.2%
Working capital
Receivable days	—	—	144	130	108	104	133	139
Inventory days	—	—	118	126	115	99	77	73
Payable days	—	—	116	95	78	66	72	71
NWC days	—	—	146	161	145	136	138	141
Leverage
Current ratio	—	—	1.37	1.42	1.39	1.37	1.32	1.26
Debt to EBITDA	—	—	4.35	4.66	4.45	3.99	4.41	4.7
Debt to equity	—	—	1.44	1.47	1.5	1.52	1.66	1.86
Interest coverage	2	1.4	1.2	1.3	1.4	1.4	1.4	1.5
Asset turnover	—	—	1.13	1.22	1.4	1.58	1.39	1.4
Return ratios
Return on assets %	—	—	1.9%	1.1%	1.8%	2%	1.8%	1.7%
Return on capital employed %	—	—	20.6%	19.5%	22.3%	28.5%	29.1%	32.2%
Return on equity %	—	—	7.4%	4.2%	6.3%	7%	6.7%	6.5%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	72.57%	72.57%	72.57%	72.57%	72.78%	72.78%	72.78%	72.78%	72.9%	72.9%	73.3%	73.41%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	27.43%	27.43%	27.43%	27.43%	27.22%	27.22%	27.22%	27.22%	27.1%	27.1%	26.7%	26.59%
No. of shareholders	—	—	—	—	—	—	—	—	14,802	14,802	14,562	14,436

Promoter holding up 0.84 percentage points since Sep 2023.

24 deals · 14 Jun 2023 – 24 Mar 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
24 Mar 2026	HITESHBHAI PRABHUDAS JAIN	Bulk	NSE	Sell	3,10,094	₹43.09	₹1.34 Cr
24 Mar 2026	DHIRAJBHAI VAGHJIBHAI KORADIYA	Bulk	NSE	Buy	2,00,000	₹43.17	₹0.86 Cr
2 Jun 2025	AMIT KUMAR JAIN	Bulk	NSE	Buy	1,81,895	₹74.78	₹1.36 Cr
2 Jun 2025	AMIT KUMAR JAIN	Bulk	NSE	Sell	1,31,895	₹75.03	₹0.99 Cr
25 Oct 2024	SHREYASKAR CHAUDHARY	Bulk	NSE	Sell	1,55,000	₹65.13	₹1.01 Cr
25 Oct 2024	PRERNA CHAUDHARY	Bulk	NSE	Buy	1,50,000	₹65.14	₹0.98 Cr
24 Sept 2024	PRANAY TRADES LINK LLP	Bulk	NSE	Sell	1,50,000	₹73.88	₹1.11 Cr
12 Jun 2024	SUNITA SANTOSH GOENKA	Bulk	NSE	Sell	1,56,689	₹89.83	₹1.41 Cr
4 Jan 2024	SANTOSH KUMAR GARG	Bulk	NSE	Sell	2,45,593	₹73.70	₹1.81 Cr
4 Jan 2024	DEEPAKKUMARCHATURVEDI	Bulk	NSE	Buy	1,55,042	₹73.66	₹1.14 Cr

1–10 of 24

1 / 3

Mr. Mukesh SanglaExecutive Director-Chairperson related to Promoter-MD
J C PaliwalChief Financial Officer
Mr. Saurabh SanglaNon-Executive - Non Independent Director
Ms. Palak MalviyaNon-Executive - Independent Director
Mr. Mayank ShrivasNon-Executive - Independent Director
Ms. Reshma LalwaniNon-Executive - Independent Director
Mr. Rahul RajpootNon-Executive - Independent Director
Mrs. Preeti SinghCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Signet Industries Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

46 announcementsExport CSV

1 Oct 2026, 11:20 amCompany Update

Change In Secretarial Auditor

General PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	15.6%	17.2%	16.8%	16.7%	17.3%	16.7%	15.6%	15.7%
EBITDA margin %	9%	7.6%	7.6%	7%	6.8%	6.9%	7.5%	7.3%
EBIT margin %	8.3%	6.7%	6.6%	6.1%	5.9%	6.1%	6.7%	6.6%
PAT margin %	3.6%	1.3%	1.7%	0.9%	1.3%	1.3%	1.3%	1.2%
Working capital
Receivable days	—	—	144	130	108	104	133	139
Inventory days	—	—	118	126	115	99	77	73
Payable days	—	—	116	95	78	66	72	71
NWC days	—	—	146	161	145	136	138	141
Leverage
Current ratio	—	—	1.37	1.42	1.39	1.37	1.32	1.26
Debt to EBITDA	—	—	4.35	4.66	4.45	3.99	4.41	4.7
Debt to equity	—	—	1.44	1.47	1.5	1.52	1.66	1.86
Interest coverage	2	1.4	1.2	1.3	1.4	1.4	1.4	1.5
Asset turnover	—	—	1.13	1.22	1.4	1.58	1.39	1.4
Return ratios
Return on assets %	—	—	1.9%	1.1%	1.8%	2%	1.8%	1.7%
Return on capital employed %	—	—	20.6%	19.5%	22.3%	28.5%	29.1%	32.2%
Return on equity %	—	—	7.4%	4.2%	6.3%	7%	6.7%	6.5%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Redington LimitedREDINGTONREDINGTON	₹31,112 Cr	₹33,749 Cr	₹1,28,133 Cr	₹2,537 Cr	1.9%	₹1,701 Cr	1.1%	21.7%	15.8%	34
Mmtc LimitedMMTCMMTC	₹8,444 Cr	₹8,444 Cr	₹3 Cr	₹-179 Cr	—	₹447 Cr	—	-0.5%	20.3%	-2,38,864
Mstc LimitedMSTCLTDMSTCLTD	₹4,969 Cr	₹5,114 Cr	₹386 Cr	₹236 Cr	60.6%	₹234 Cr	59.1%	34.9%	26.6%	-92
Bn Agrochem LimitedBNAGROCHEMBNAGROCHEM	₹2,228 Cr	₹2,310 Cr	₹299 Cr	₹-37 Cr	-12.5%	₹20 Cr	6.6%	12%	8.5%	130
Creative Newtech LimitedCNLCNL	₹1,619 Cr	₹1,943 Cr	₹2,783 Cr	₹99 Cr	3.2%	₹74 Cr	2.6%	29.2%	21.4%	75
Pervasive Commodities LtdPERVASIVEPERVASIVE	₹1,090 Cr	₹1,090 Cr	₹43 Cr	₹-0 Cr	-1.1%	₹-0 Cr	-0.1%	0%	-0.1%	548
RRP Defense LtdRRPDEFENSERRPDEFENSE	₹842 Cr	₹844 Cr	₹12 Cr	₹-1 Cr	-8.4%	₹-1 Cr	-8.2%	-13.7%	-13.7%	-15
The Yamuna Syndicate LtdYSLYSL	₹779 Cr	₹779 Cr	₹69 Cr	₹2 Cr	2.2%	₹52 Cr	75.3%	0.3%	4%	60
The State Trading Corporation Of India LimitedSTCINDIASTCINDIA	₹636 Cr	₹1,811 Cr	₹0 Cr	₹-46 Cr	—	₹21 Cr	—	—	—	—
SMT Engineering LtdSMTELSMTEL	₹598 Cr	₹679 Cr	₹162 Cr	₹41 Cr	25%	₹23 Cr	14.2%	33.2%	25.2%	395
Bijoy Hans LtdARVAYAARVAYA	₹576 Cr	₹579 Cr	₹0 Cr	₹-1 Cr	—	₹0 Cr	—	-3.9%	-3.9%	—
Riddhi Siddhi Gluco Biols LtdRIDDHIRIDDHI	₹505 Cr	₹787 Cr	₹236 Cr	₹-12 Cr	-5.2%	₹61 Cr	-5.2%	2.8%	-0.8%	65

Date	Category	Subject	Filing
1 Oct 2026, 11:20 am	Company Update General	Change In Secretarial Auditor	PDF
1 Oct 2026, 10:42 am	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
29 Sept 2026, 12:26 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
22 Sept 2026, 4:27 pm	Insider Trading / SAST Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	PDF
21 Sept 2026, 12:20 pm	Insider Trading / SAST Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	PDF
15 Sept 2026, 10:46 am	Insider Trading / SAST Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	PDF
11 Sept 2026, 12:35 pm	Insider Trading / SAST Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	PDF
10 Sept 2026, 4:02 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	7	34	51	30	16	16
	-13	-9	-6	0	-7	-24
	3	-32	-44	-32	-8	7
Net cash flow	-3	-7	1	-1	1	-1
Free cash flow	-8	25	43	24	12	-12
CFO / Operating profit %	11.2%	54.4%	73%	36.1%	17.9%	16.8%

Signet Industries Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

15

1

1

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

Manufacturing · revenue

Signet Industries Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

Ratio timeline

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Dividends15

Board meetings1

Stock splits1

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Manufacturing · revenue

15

1

1