SIGIND Stock Overview
Primarily engages in merchant trading of various polymer and plastic granules in India. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Signet Industries Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹69.76 |
| 52 Week High | ₹97.35 |
| 52 Week Low | ₹58.00 |
| Beta | 0.60 |
| 1 Month Change | 4.26% |
| 3 Month Change | -7.55% |
| 1 Year Change | 8.75% |
| 3 Year Change | 63.95% |
| 5 Year Change | 207.31% |
| Change since IPO | -42.18% |
Recent News & Updates
Recent updates
Signet Industries (NSE:SIGIND) Has Announced A Dividend Of ₹0.50
Sep 05
Signet Industries' (NSE:SIGIND) Dividend Will Be ₹0.50
Aug 20Shareholders Are Optimistic That Signet Industries (NSE:SIGIND) Will Multiply In Value
Jun 05Signet Industries Limited (NSE:SIGIND) Stock Rockets 26% But Many Are Still Ignoring The Company
Apr 28Signet Industries Limited's (NSE:SIGIND) Shares Leap 31% Yet They're Still Not Telling The Full Story
Jan 30Does Signet Industries (NSE:SIGIND) Have A Healthy Balance Sheet?
Jan 05Signet Industries (NSE:SIGIND) Has Affirmed Its Dividend Of ₹0.50
Sep 14Signet Industries (NSE:SIGIND) Will Pay A Dividend Of ₹0.50
Aug 31Signet Industries (NSE:SIGIND) Has Announced A Dividend Of ₹0.50
Aug 17Here's What Signet Industries' (NSE:SIGIND) Strong Returns On Capital Mean
Jun 01We Think Signet Industries (NSE:SIGIND) Is Taking Some Risk With Its Debt
Feb 16Signet Industries (NSE:SIGIND) Is Paying Out A Dividend Of ₹0.50
Sep 08Signet Industries (NSE:SIGIND) Is Paying Out A Dividend Of ₹0.50
Aug 13Returns On Capital Signal Tricky Times Ahead For Signet Industries (NSE:SIGIND)
May 10Capital Allocation Trends At Signet Industries (NSE:SIGIND) Aren't Ideal
Jan 17We Think Signet Industries (NSE:SIGIND) Is Taking Some Risk With Its Debt
Dec 09Signet Industries' (NSE:SIGIND) Dividend Will Be ₹0.50
Sep 07Signet Industries (NSE:SIGIND) Has Announced A Dividend Of ₹0.50
Aug 18These 4 Measures Indicate That Signet Industries (NSE:SIGIND) Is Using Debt Extensively
Aug 03Investors Could Be Concerned With Signet Industries' (NSE:SIGIND) Returns On Capital
May 31Is Signet Industries (NSE:SIGIND) A Risky Investment?
Mar 30Is Signet Industries (NSE:SIGIND) Likely To Turn Things Around?
Mar 02Is Signet Industries Limited (NSE:SIGIND) A Great Dividend Stock?
Feb 08How Is Signet Industries' (NSE:SIGIND) CEO Paid Relative To Peers?
Jan 11Here's Why Signet Industries (NSE:SIGIND) Is Weighed Down By Its Debt Load
Dec 22
Here's What To Make Of Signet Industries' (NSE:SIGIND) Returns On Capital
Nov 30Here's How We Evaluate Signet Industries Limited's (NSE:SIGIND) Dividend
Nov 10Here's What We Learned About The CEO Pay At Signet Industries Limited (NSE:SIGIND)
Oct 12Shareholder Returns
| SIGIND | IN Trade Distributors | IN Market | |
|---|---|---|---|
| 7D | -5.2% | -6.7% | -4.3% |
| 1Y | 8.7% | -10.7% | 19.1% |
Return vs Industry: SIGIND exceeded the Indian Trade Distributors industry which returned -10.7% over the past year.
Return vs Market: SIGIND underperformed the Indian Market which returned 19.1% over the past year.
Price Volatility
| SIGIND volatility | |
|---|---|
| SIGIND Average Weekly Movement | 6.4% |
| Trade Distributors Industry Average Movement | 6.4% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in IN Market | 9.0% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: SIGIND has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: SIGIND's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1985 | 514 | Mukesh Sangla | www.groupsignet.com |
Signet Industries Limited primarily engages in merchant trading of various polymer and plastic granules in India. The company operates through Manufacturing, Wind Power Unit, and Trading segments. It distributes and trades in PVC resins; polyolefins, such as HDPE, LLDPE, and PP; PET resins; and DOP and DBP plasticizers, as well as imports and trades in LDPE and metallocine grades.
Signet Industries Limited Fundamentals Summary
| SIGIND fundamental statistics | |
|---|---|
| Market cap | ₹2.05b |
| Earnings (TTM) | ₹121.81m |
| Revenue (TTM) | ₹11.66b |
16.8x
P/E Ratio0.2x
P/S RatioIs SIGIND overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SIGIND income statement (TTM) | |
|---|---|
| Revenue | ₹11.66b |
| Cost of Revenue | ₹9.81b |
| Gross Profit | ₹1.85b |
| Other Expenses | ₹1.72b |
| Earnings | ₹121.81m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.14 |
| Gross Margin | 15.83% |
| Net Profit Margin | 1.04% |
| Debt/Equity Ratio | 157.4% |
How did SIGIND perform over the long term?
See historical performance and comparisonDividends
0.7%
Current Dividend Yield12%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:53 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Signet Industries Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anil Burra | FirstCall Research |
| Vinayak M. | FirstCall Research |