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Signet Industries NSEI:SIGIND Stock Report

Last Price

₹78.35

Market Cap

₹2.3b

7D

13.3%

1Y

111.8%

Updated

24 Apr, 2024

Data

Company Financials

Signet Industries Limited

NSEI:SIGIND Stock Report

Market Cap: ₹2.3b

Signet Industries Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Signet Industries
Historical stock prices
Current Share Price₹78.35
52 Week High₹89.40
52 Week Low₹36.00
Beta0.67
1 Month Change16.33%
3 Month Change4.19%
1 Year Change111.76%
3 Year Change158.58%
5 Year Change82.21%
Change since IPO-35.06%

Recent News & Updates

Signet Industries Limited's (NSE:SIGIND) Shares Leap 31% Yet They're Still Not Telling The Full Story

Jan 30
Signet Industries Limited's (NSE:SIGIND) Shares Leap 31% Yet They're Still Not Telling The Full Story

Recent updates

Signet Industries Limited's (NSE:SIGIND) Shares Leap 31% Yet They're Still Not Telling The Full Story

Jan 30
Signet Industries Limited's (NSE:SIGIND) Shares Leap 31% Yet They're Still Not Telling The Full Story

Does Signet Industries (NSE:SIGIND) Have A Healthy Balance Sheet?

Jan 05
Does Signet Industries (NSE:SIGIND) Have A Healthy Balance Sheet?

Signet Industries (NSE:SIGIND) Has Affirmed Its Dividend Of ₹0.50

Sep 14
Signet Industries (NSE:SIGIND) Has Affirmed Its Dividend Of ₹0.50

Signet Industries (NSE:SIGIND) Will Pay A Dividend Of ₹0.50

Aug 31
Signet Industries (NSE:SIGIND) Will Pay A Dividend Of ₹0.50

Signet Industries (NSE:SIGIND) Has Announced A Dividend Of ₹0.50

Aug 17
Signet Industries (NSE:SIGIND) Has Announced A Dividend Of ₹0.50

Here's What Signet Industries' (NSE:SIGIND) Strong Returns On Capital Mean

Jun 01
Here's What Signet Industries' (NSE:SIGIND) Strong Returns On Capital Mean

We Think Signet Industries (NSE:SIGIND) Is Taking Some Risk With Its Debt

Feb 16
We Think Signet Industries (NSE:SIGIND) Is Taking Some Risk With Its Debt

Signet Industries (NSE:SIGIND) Is Paying Out A Dividend Of ₹0.50

Sep 08
Signet Industries (NSE:SIGIND) Is Paying Out A Dividend Of ₹0.50

Signet Industries (NSE:SIGIND) Is Paying Out A Dividend Of ₹0.50

Aug 13
Signet Industries (NSE:SIGIND) Is Paying Out A Dividend Of ₹0.50

Returns On Capital Signal Tricky Times Ahead For Signet Industries (NSE:SIGIND)

May 10
Returns On Capital Signal Tricky Times Ahead For Signet Industries (NSE:SIGIND)

Capital Allocation Trends At Signet Industries (NSE:SIGIND) Aren't Ideal

Jan 17
Capital Allocation Trends At Signet Industries (NSE:SIGIND) Aren't Ideal

We Think Signet Industries (NSE:SIGIND) Is Taking Some Risk With Its Debt

Dec 09
We Think Signet Industries (NSE:SIGIND) Is Taking Some Risk With Its Debt

Signet Industries' (NSE:SIGIND) Dividend Will Be ₹0.50

Sep 07
Signet Industries' (NSE:SIGIND) Dividend Will Be ₹0.50

Signet Industries (NSE:SIGIND) Has Announced A Dividend Of ₹0.50

Aug 18
Signet Industries (NSE:SIGIND) Has Announced A Dividend Of ₹0.50

These 4 Measures Indicate That Signet Industries (NSE:SIGIND) Is Using Debt Extensively

Aug 03
These 4 Measures Indicate That Signet Industries (NSE:SIGIND) Is Using Debt Extensively

Investors Could Be Concerned With Signet Industries' (NSE:SIGIND) Returns On Capital

May 31
Investors Could Be Concerned With Signet Industries' (NSE:SIGIND) Returns On Capital

Is Signet Industries (NSE:SIGIND) A Risky Investment?

Mar 30
Is Signet Industries (NSE:SIGIND) A Risky Investment?

Is Signet Industries (NSE:SIGIND) Likely To Turn Things Around?

Mar 02
Is Signet Industries (NSE:SIGIND) Likely To Turn Things Around?

Is Signet Industries Limited (NSE:SIGIND) A Great Dividend Stock?

Feb 08
Is Signet Industries Limited (NSE:SIGIND) A Great Dividend Stock?

How Is Signet Industries' (NSE:SIGIND) CEO Paid Relative To Peers?

Jan 11
How Is Signet Industries' (NSE:SIGIND) CEO Paid Relative To Peers?

Here's Why Signet Industries (NSE:SIGIND) Is Weighed Down By Its Debt Load

Dec 22
Here's Why Signet Industries (NSE:SIGIND) Is Weighed Down By Its Debt Load

Here's What To Make Of Signet Industries' (NSE:SIGIND) Returns On Capital

Nov 30
Here's What To Make Of Signet Industries' (NSE:SIGIND) Returns On Capital

Here's How We Evaluate Signet Industries Limited's (NSE:SIGIND) Dividend

Nov 10
Here's How We Evaluate Signet Industries Limited's (NSE:SIGIND) Dividend

Here's What We Learned About The CEO Pay At Signet Industries Limited (NSE:SIGIND)

Oct 12
Here's What We Learned About The CEO Pay At Signet Industries Limited (NSE:SIGIND)

Two Days Left To Buy Signet Industries Limited (NSE:SIGIND) Before The Ex-Dividend Date

Sep 13
Two Days Left To Buy Signet Industries Limited (NSE:SIGIND) Before The Ex-Dividend Date

Signet Industries (NSE:SIGIND) Seems To Be Using A Lot Of Debt

Aug 26
Signet Industries (NSE:SIGIND) Seems To Be Using A Lot Of Debt

Signet Industries Limited (NSE:SIGIND) Not Doing Enough For Some Investors

Jul 29
Signet Industries Limited (NSE:SIGIND) Not Doing Enough For Some Investors

Shareholder Returns

SIGINDIN Trade DistributorsIN Market
7D13.3%-1.2%1.8%
1Y111.8%65.3%46.4%

Return vs Industry: SIGIND exceeded the Indian Trade Distributors industry which returned 66.6% over the past year.

Return vs Market: SIGIND exceeded the Indian Market which returned 46.1% over the past year.

Price Volatility

Is SIGIND's price volatile compared to industry and market?
SIGIND volatility
SIGIND Average Weekly Movement9.1%
Trade Distributors Industry Average Movement6.8%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: SIGIND has not had significant price volatility in the past 3 months.

Volatility Over Time: SIGIND's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1985400Mukesh Sanglawww.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

How do Signet Industries's earnings and revenue compare to its market cap?
SIGIND fundamental statistics
Market cap₹2.30b
Earnings (TTM)₹161.59m
Revenue (TTM)₹11.81b

14.2x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SIGIND income statement (TTM)
Revenue₹11.81b
Cost of Revenue₹9.80b
Gross Profit₹2.01b
Other Expenses₹1.85b
Earnings₹161.59m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)5.49
Gross Margin17.03%
Net Profit Margin1.37%
Debt/Equity Ratio165.7%

How did SIGIND perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

9%

Payout Ratio
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