Singer India Limited manufactures and trades in sewing machines and related accessories, and domestic appliances in India.
Adequate balance sheet with acceptable track record.
Share Price & News
How has Singer India's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 505729 has not had significant price volatility in the past 3 months.
7 Day Return
IN Consumer Durables
1 Year Return
IN Consumer Durables
Return vs Industry: 505729 underperformed the Indian Consumer Durables industry which returned 31.8% over the past year.
Return vs Market: 505729 underperformed the Indian Market which returned 6.4% over the past year.
Price Volatility Vs. Market
How volatile is Singer India's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Singer India undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 505729 (₹28.45) is trading above our estimate of fair value (₹10.46)
Significantly Below Fair Value: 505729 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 505729 is good value based on its PE Ratio (15.9x) compared to the Consumer Durables industry average (24x).
PE vs Market: 505729 is poor value based on its PE Ratio (15.9x) compared to the Indian market (13x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 505729's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 505729 is overvalued based on its PB Ratio (2.6x) compared to the IN Consumer Durables industry average (1.4x).
How is Singer India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Singer India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Singer India's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Singer India competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Singer India performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 505729 has high quality earnings.
Growing Profit Margin: 505729's current net profit margins (2%) are higher than last year (2%).
Past Earnings Growth Analysis
Earnings Trend: 505729's earnings have grown by 6.2% per year over the past 5 years.
Accelerating Growth: 505729's earnings growth over the past year (3.5%) is below its 5-year average (6.2% per year).
Earnings vs Industry: 505729 earnings growth over the past year (3.5%) underperformed the Consumer Durables industry 15.6%.
Return on Equity
High ROE: 505729's Return on Equity (16.1%) is considered low.
Return on Assets
Return on Capital Employed
How is Singer India's financial position?
Financial Position Analysis
Short Term Liabilities: 505729's short term assets (₹1.5B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 505729's short term assets (₹1.5B) exceed its long term liabilities (₹24.9M).
Debt to Equity History and Analysis
Debt Level: 505729's debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: 505729's debt to equity ratio has increased from 0.7% to 36.1% over the past 5 years.
Debt Coverage: 505729's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 505729's interest payments on its debt are well covered by EBIT (9.2x coverage).
Inventory Level: 505729 has a high level of physical assets or inventory.
Debt Coverage by Assets: 505729's debt is covered by short term assets (assets are 7.2x debt).
What is Singer India's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 505729's dividend (2.81%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: 505729's dividend (2.81%) is in the top 25% of dividend payers in the Indian market (2.63%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 505729 has been paying a dividend for less than 10 years.
Growing Dividend: 505729's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (44.7%), 505729's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rajeev Bajaj (59yo)
Mr. Rajeev Bajaj serves as Vice President of India at Singer Asia Limited and Sewko Holdings Limited since October 2010. He served as the Managing Director of Singer India Ltd., since October 1, 2010 and i ...
CEO Compensation Analysis
Compensation vs Market: Rajeev's total compensation ($USD148.59K) is above average for companies of similar size in the Indian market ($USD49.94K).
Compensation vs Earnings: Rajeev's compensation has been consistent with company performance over the past year.
|MD & Executive Director||9.3yrs||₹10.67m||0.000070% ₹1.1k|
|Chief Financial Officer||4.8yrs||₹4.24m||no data|
|Company Secretary & Compliance Officer||0.8yrs||no data||no data|
Experienced Management: 505729's management team is considered experienced (4.8 years average tenure).
|MD & Executive Director||9.3yrs||₹10.67m||0.000070% ₹1.1k|
|Non-Executive Director||0yrs||no data||no data|
|Non-Executive Independent Director||14.4yrs||₹225.00k||no data|
|Independent Chairman of the Board||5.1yrs||₹375.00k||0.00014% ₹2.1k|
|Non-Executive Independent Director||5.5yrs||₹283.00k||no data|
|Additional Non-Executive & Non-Independent Director||0yrs||no data||no data|
Experienced Board: 505729's board of directors are considered experienced (8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Singer India Limited's company bio, employee growth, exchange listings and data sources
- Name: Singer India Limited
- Ticker: 505729
- Exchange: BSE
- Founded: 1977
- Industry: Household Appliances
- Sector: Consumer Durables
- Market Cap: ₹1.528b
- Shares outstanding: 53.72m
- Website: https://www.singerindia.net
Number of Employees
- Singer India Limited
- A-26/4, Mohan Cooperative Industrial Estate
- 2nd Floor
- New Delhi
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|505729||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Dec 2001|
Singer India Limited manufactures and trades in sewing machines and related accessories, and domestic appliances in India. The company’s sewing machines comprise electronic, embroidery, mechanical, and straight stitch machines, as well as fashion maker, sewing machine, and carded notions accessories. It also offers kitchen appliances, such as breakfast kits, cooking and food preparation equipment, microwave ovens, and gas stoves; home appliances consisting of irons, heaters, coolers and fans, washing machines, and refrigerators; and personal care appliances, including hair dryers, straightners, trimmers, brushes, and styling kits. The company provides its products under the Singer and Merritt brands through its showrooms, shops and dealers/distributors, and after sales service network, as well as through an online store. Singer India Limited also exports its products. The company was formerly known as Indian Sewing Machine Company Limited. The company was incorporated in 1977 and is headquartered in New Delhi, India. Singer India Limited is a subsidiary of Retail Holdings (India) B.V.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 12:46|
|End of Day Share Price||2020/02/27 00:00|
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.