New Risk • Aug 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (₹5.69b market cap, or US$59.6m). Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹76.15, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 35x in the Consumer Durables industry in India. Total loss to shareholders of 2.6% over the past three years. Announcement • Aug 05
Singer India Limited to Report Q1, 2027 Results on Aug 12, 2026 Singer India Limited announced that they will report Q1, 2027 results on Aug 12, 2026 Upcoming Dividend • Jul 24
Upcoming dividend of ₹0.40 per share Eligible shareholders must have bought the stock before 31 July 2026. Payment date: 06 September 2026. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.4%). In line with average of industry peers (0.5%). Reported Earnings • Jul 18
Full year 2026 earnings released: EPS: ₹2.07 (vs ₹1.20 in FY 2025) Full year 2026 results: EPS: ₹2.07 (up from ₹1.20 in FY 2025). Revenue: ₹5.57b (up 29% from FY 2025). Net income: ₹127.6m (up 73% from FY 2025). Profit margin: 2.3% (up from 1.7% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. New Risk • Jun 02
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹4.33b market cap, or US$45.5m). Reported Earnings • May 29
Full year 2026 earnings released: EPS: ₹2.07 (vs ₹1.20 in FY 2025) Full year 2026 results: EPS: ₹2.07 (up from ₹1.20 in FY 2025). Revenue: ₹5.64b (up 31% from FY 2025). Net income: ₹127.6m (up 73% from FY 2025). Profit margin: 2.3% (up from 1.7% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • May 19
Singer India Limited to Report Q4, 2026 Results on May 27, 2026 Singer India Limited announced that they will report Q4, 2026 results on May 27, 2026 Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹76.58, the stock trades at a trailing P/E ratio of 43.7x. Average trailing P/E is 37x in the Consumer Durables industry in India. Total returns to shareholders of 2.7% over the past three years. New Risk • Mar 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹4.39b market cap, or US$47.1m). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: ₹0.87 (vs ₹0.24 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.87 (up from ₹0.24 in 3Q 2025). Revenue: ₹1.63b (up 54% from 3Q 2025). Net income: ₹53.9m (up 257% from 3Q 2025). Profit margin: 3.3% (up from 1.4% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year. New Risk • Feb 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (₹4.02b market cap, or US$44.5m). Announcement • Feb 03
Singer India Limited to Report Q3, 2026 Results on Feb 12, 2026 Singer India Limited announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: ₹0.62 (vs ₹0.21 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.62 (up from ₹0.21 in 2Q 2025). Revenue: ₹1.40b (up 30% from 2Q 2025). Net income: ₹38.3m (up 202% from 2Q 2025). Profit margin: 2.7% (up from 1.2% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Nov 13
Singer India Limited announced that it expects to receive INR 44.999947 million in funding Singer India Limited announced private placement of up to 5,65,397 Equity Shares at an issue price of INR 79.59 for gross proceeds of INR 44,999,947.23 on November 12, 2025. The transaction includes participation from VSM Group Aktiebolag for 5,65,397 shares with a post issue shareholding of 0.91%. The company will issue securities on preferential basis. The transaction is approved by board of directors of the company. Announcement • Nov 03
Singer India Limited to Report Q2, 2026 Results on Nov 12, 2025 Singer India Limited announced that they will report Q2, 2026 results on Nov 12, 2025 New Risk • Oct 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (₹5.68b market cap, or US$64.0m). Announcement • Aug 02
Singer India Limited to Report Q1, 2026 Results on Aug 08, 2025 Singer India Limited announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • Jul 18
Full year 2025 earnings released: EPS: ₹1.20 (vs ₹0.73 in FY 2024) Full year 2025 results: EPS: ₹1.20 (up from ₹0.73 in FY 2024). Revenue: ₹4.32b (up 1.5% from FY 2024). Net income: ₹73.9m (up 64% from FY 2024). Profit margin: 1.7% (up from 1.1% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Jul 03
Singer India Limited, Annual General Meeting, Aug 05, 2025 Singer India Limited, Annual General Meeting, Aug 05, 2025, at 13:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹77.73, the stock trades at a trailing P/E ratio of 64.9x. Average trailing P/E is 43x in the Consumer Durables industry in India. Total returns to shareholders of 66% over the past three years. Reported Earnings • May 23
Full year 2025 earnings released: EPS: ₹1.20 (vs ₹0.73 in FY 2024) Full year 2025 results: EPS: ₹1.20 (up from ₹0.73 in FY 2024). Revenue: ₹4.39b (up 3.1% from FY 2024). Net income: ₹73.9m (up 64% from FY 2024). Profit margin: 1.7% (up from 1.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • May 13
Singer India Limited to Report Q4, 2025 Results on May 22, 2025 Singer India Limited announced that they will report Q4, 2025 results on May 22, 2025 Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹62.55, the stock trades at a trailing P/E ratio of 68x. Average trailing P/E is 43x in the Consumer Durables industry in India. Total returns to shareholders of 16% over the past three years. Reported Earnings • Feb 11
Third quarter 2025 earnings released: EPS: ₹0.24 (vs ₹0.13 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.24 (up from ₹0.13 in 3Q 2024). Revenue: ₹1.07b (up 4.8% from 3Q 2024). Net income: ₹15.1m (up 89% from 3Q 2024). Profit margin: 1.4% (up from 0.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Feb 03
Singer India Limited to Report Q3, 2025 Results on Feb 10, 2025 Singer India Limited announced that they will report Q3, 2025 results on Feb 10, 2025 Reported Earnings • Nov 07
Second quarter 2025 earnings released: EPS: ₹0.21 (vs ₹0.20 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.21 (up from ₹0.20 in 2Q 2024). Revenue: ₹1.07b (up 2.4% from 2Q 2024). Net income: ₹12.7m (up 5.0% from 2Q 2024). Profit margin: 1.2% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Oct 29
Singer India Limited to Report Q2, 2025 Results on Nov 06, 2024 Singer India Limited announced that they will report Q2, 2025 results on Nov 06, 2024 Announcement • Aug 15
Singer India Limited Announces Resignation of Paresh Nath Sharma as Chairman and Non- Executive Independent Director, Effective August 14, 2024 Singer India Limited announced that Mr. Paresh Nath Sharma (DIN: 00023625} vide letter dated August 12, 2024, has tendered his resignation as Chairman and Non- Executive Independent Director of Singer India Limited ("the Company"), with effect from close of business hours on August 14, 2024. Directorship: Uflex Limited (Independent Director). Committee Membership(s): Audit Committee, Nomination and Remuneration Committee, Corporate Social Responsibility Committee, Risk Management Committee, Stakeholders Relationship Committee. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: ₹0.09 (vs ₹0.03 in 1Q 2024) First quarter 2025 results: EPS: ₹0.09 (up from ₹0.03 in 1Q 2024). Revenue: ₹1.00b (down 4.2% from 1Q 2024). Net income: ₹5.60m (up 250% from 1Q 2024). Profit margin: 0.6% (up from 0.2% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Aug 02
Singer India Limited to Report Q1, 2025 Results on Aug 12, 2024 Singer India Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Board Change • Jun 28
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Sunil Duggal was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 26
Full year 2024 earnings released: EPS: ₹0.73 (vs ₹1.52 in FY 2023) Full year 2024 results: EPS: ₹0.73 (down from ₹1.52 in FY 2023). Revenue: ₹4.25b (down 7.6% from FY 2023). Net income: ₹45.0m (down 46% from FY 2023). Profit margin: 1.1% (down from 1.8% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Jun 26
Singer India Limited Announces Resignation of Amit Sharma, Manufacturing Head, Designated as Senior Management Personnel Singer India Limited announced the resignation of Amit Sharma, Manufacturing Head, Designated as Senior Management Personnel, effective from June 25, 2024. Announcement • Jun 18
Singer India Limited, Annual General Meeting, Jul 17, 2024 Singer India Limited, Annual General Meeting, Jul 17, 2024, at 13:30 Indian Standard Time. Reported Earnings • May 24
Full year 2024 earnings released: EPS: ₹0.73 (vs ₹1.52 in FY 2023) Full year 2024 results: EPS: ₹0.73 (down from ₹1.52 in FY 2023). Revenue: ₹4.33b (down 5.9% from FY 2023). Net income: ₹45.0m (down 46% from FY 2023). Profit margin: 1.0% (down from 1.8% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • May 24
Singer India Limited Appoints Jiten Singh Phukela as Business Head- Appliances Singer India Limited informed that the Board of Directors of the at their meeting held on 23rd May 2024, considered and approved, based on the recommendation of the Nomination and Remuneration Committee, the appointment of Mr. Jiten Singh Phukela as Business Head- Appliances" (AVPgrade) of the Company w.e.f. 10th May 2024. Mr. Jiten Singh Phukela has an Impressive track record of over 18 years in sales and marketing across the FMCG and FMCD sectors. Before joining the Company, he served as the Regional Sales Head at Samsung Electronics (Consumer Electronics Division}, with previous roles at Adani WIimar Limited and Con Agra Foods- Agro Tech Foods Llmlted. Mr. Phukela holds the degree of MBA (Marketing) from Institute of Management Technology, Ghazlabad In the year 2005 and B.Tech. (Information Technology) from GTBIT· IP University, In the year 2003. Throughout his professional journey, Mr. Phukela has cultivated a versatile sklll set characterized by strategic insight, effective leadership, a focus on growth, adaptability, clear communication, customer-centrlcity, and a steadfast commitment to ethical leadership. Thisdiverse blend of capabilities equips him to thrive in various markets and undertake multlfaceted roles with confidence and effectiveness. Announcement • May 16
Singer India Limited to Report Q4, 2024 Results on May 23, 2024 Singer India Limited announced that they will report Q4, 2024 results on May 23, 2024 Buy Or Sell Opportunity • Apr 18
Now 23% overvalued Over the last 90 days, the stock has fallen 15% to ₹91.15. The fair value is estimated to be ₹74.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has declined by 25%. Announcement • Jan 29
Singer India Limited to Report Q3, 2024 Results on Feb 08, 2024 Singer India Limited announced that they will report Q3, 2024 results on Feb 08, 2024 Announcement • Jan 17
Singer India Limited Appoints Shalini Gupta Vachher as Head of Marketing and Communications Singer India Ltd. announced the appointment of Shalini Gupta Vachher who joins as head of marketing and communications. The appointments demonstrate Singer India's commitment to strengthening its people strategy to support the company's growth plans. Singer India plans to bring in new products, which will appeal to the new age consumer and is focusing on strengthening its market share with other new launches in the Sewing Machine category. Shalini, who joins as head of marketing and communications, comes with more than two decades of experience in the communications industry, counselling and executing impactful campaigns. In her new role, Shalini will work closely with all stakeholders to redesign Singer India's marketing and communication efforts to create a meaningful impact by focusing on digital marketing and strengthening the company's communication across all platforms. She will be responsible for developing and executing innovative marketing campaigns that resonate with the new age customers and drive business growth. Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: ₹0.20 (vs ₹1.23 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.20 (down from ₹1.23 in 2Q 2023). Revenue: ₹1.07b (down 6.4% from 2Q 2023). Net income: ₹12.1m (down 82% from 2Q 2023). Profit margin: 1.1% (down from 5.7% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings. Announcement • Nov 01
Singer India Limited Announces Resignation of Garima Mehta as Senior Management Personnel Singer India Limited announced that Ms. Garima Mehta, Legal Head, designated as Senior Management Personnel (SMP) of the Company has tendered her resignation from the said post in order to pursue other interests. Announcement • Oct 28
Singer India Limited to Report Q2, 2024 Results on Nov 06, 2023 Singer India Limited announced that they will report Q2, 2024 results on Nov 06, 2023 Announcement • Oct 21
Singer India Limited Receives No Objection Certificate from Department for Promotion of Industry and Internal Trade Singer India Limited announced that Department for promotion of Industry and Internal Trade, Ministry of Commerce & Industry has granted No Objection Certificate (NOC) to Singer India Limited for the period of three months from the date of issue of letter i.e., October 18, 2023, to import Singer's electrically powered Zig Zag home sewing machines. New Risk • Oct 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (₹6.93b market cap, or US$83.3m). Announcement • Oct 06
Singer India Limited Announces Company Secretary and Compliance Officer Changes Singer India Limited announced that Ms. Rickee Bisla, who was appointed as Interim Company Secretary and Compliance Officer by the Board will cease to be Interim Company Secretary and Compliance Officer with effect from the close of business hours on October 9, 2023. The company announced appointment of Ms. Rupinder Kaur as a Company Secretary and Compliance Officer of the Company with effect from October 10, 2023, under Section 203 of Companies Act, 2013 and under Regulation 6 of the Listing Regulations and Regulation 9 (3) of SEBI (Prohibit ion of Insider Trading) Regulations, 2015. Ms. Rupinder Kaur is an associate member of the Institute of Company Secretaries of India, a Law Graduate, and holds Bachelor's Degree in Commerce - from University of Delhi with more than 11 years of experience in the area of Company Secretarial Functions, Listing and other compliances. During this period 1 she handled corporate governance matters, complex corporate secretarial transactions and advised stakeholders with a focus on compliance and integrity. She was previously associated with Sterlite Power Transmission Limited and has inter-alia worked with National Commodities Management Limited, Escorts Securities Limited in the past. Announcement • Sep 26
Singer India Limited Appoints Suresh Kumar Jangra as Senior Management Personnel Singer India Limited announced that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company on September 25, 2023 at 07:25 P.M. (IST) by the way of circular, considered and has approved the appointment of Mr. Suresh Kumar Jangra as Vice President (VP)- Engineering Excellence of the Company, identified as Senior Management Personnel ("SMP"), with effect from October 1, 2023. Mr. Suresh Kumar Jangra is an accomplished leader and R&D expert, having many patents in his name and has led design and launch of many breakthrough products. Mr. Jangra is a Product Design & Development professional with 22+ years of experience with expertise in consumers electricals and refrigeration products. He possesses a vast experience of working in different industries. Board Change • Sep 07
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Executive Vice Chairman Rakesh Khanna was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 30
Singer India Limited, Annual General Meeting, Sep 27, 2023 Singer India Limited, Annual General Meeting, Sep 27, 2023, at 13:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹87.37, the stock trades at a trailing P/E ratio of 71.1x. Average trailing P/E is 42x in the Consumer Durables industry in India. Total returns to shareholders of 214% over the past three years. Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: ₹0.03 (vs ₹0.18 in 1Q 2023) First quarter 2024 results: EPS: ₹0.03 (down from ₹0.18 in 1Q 2023). Revenue: ₹1.06b (down 2.8% from 1Q 2023). Net income: ₹1.60m (down 83% from 1Q 2023). Profit margin: 0.2% (down from 0.9% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹87.19, the stock trades at a trailing P/E ratio of 64.1x. Average trailing P/E is 43x in the Consumer Durables industry in India. Total returns to shareholders of 272% over the past three years. Announcement • Aug 03
Singer India Limited to Report Q1, 2024 Results on Aug 11, 2023 Singer India Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Announcement • Jun 13
Singer India Limited Announces Company Secretary and Compliance Officer Changes Singer India Limited announced resignation of Ms. Priyanka Gandhi (ICSI Membership No. A38319) from the position of the Company Secretary and Compliance Officer of the Company with effect from June 12, 2023. Ms. Rickee Bisla shall continue to act as the Interim Company Secretary cum Compliance Officer till new incumbent be announced by the Board of Director of the Company. Reported Earnings • May 25
Full year 2023 earnings released: EPS: ₹1.52 (vs ₹1.43 in FY 2022) Full year 2023 results: EPS: ₹1.52 (up from ₹1.43 in FY 2022). Revenue: ₹4.65b (up 2.6% from FY 2022). Net income: ₹83.2m (up 8.5% from FY 2022). Profit margin: 1.8% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 14
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Non-Independent Non-Executive Director Kloy Tsiagka was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹72.82, the stock trades at a trailing P/E ratio of 42.7x. Average trailing P/E is 35x in the Consumer Durables industry in India. Total returns to shareholders of 314% over the past three years. Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹0.09 (vs ₹0.49 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.09 (down from ₹0.49 in 3Q 2022). Revenue: ₹1.21b (down 4.6% from 3Q 2022). Net income: ₹5.10m (down 81% from 3Q 2022). Profit margin: 0.4% (down from 2.1% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 14
Singer India Limited Announces Executive Changes Singer India Limited announced that Ms. Priyanka Gandhi will be taking maternity leave starting from close of business hours of February 15, 2023, for a period of around six months. During this time, she will be temporarily absent from her duties and responsibilities as the Company Secretary and Compliance Officer of the Company. Post completion of her maternity leave, Ms. Priyanka Gandhi shall resume as the Company Secretary & Compliance Officer of the Company subject to necessary approvals. Ms. Rickee Bisla, Qualified Company Secretary, shall act as Interim Company Secretary cum Interim Compliance Officer of the Company. Date of Cessation: February 16, 2023. Brief Profile of Rickee Bisla: Ms. Rickee Bisla is an Associate Member of the Institute of Company Secretaries of India, with 3+ years of experience in secretarial functions. She was earlier working with Mayur Uniquoters Limited. Announcement • Feb 05
Singer India Limited to Report Q3, 2023 Results on Feb 13, 2023 Singer India Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Announcement • Nov 05
Singer India Limited to Report Q2, 2023 Results on Nov 10, 2022 Singer India Limited announced that they will report Q2, 2023 results on Nov 10, 2022 Upcoming Dividend • Sep 01
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 08 September 2022. Payment date: 26 October 2022. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (0.5%). Announcement • Aug 26
Singer India Limited Approves Directorate Appointments Singer India Limited at its board meeting held on August 24, 2022 considered and approved on the recommendation of the Nomination and Remuneration Committee the appointment of Mr. Hetal Madhukant Gandhi and Mr. Maneesh Mansingka as an Additional Director (Non-Executive) of the Company with effect from August 24, 2022 to hold office up to the date of the upcoming annual general meeting. It is further confirmed that Mr. Hetal Madhukant Gandhi and Mr. Maneesh Mansingka are not debarred/disqualified from holding the office of Director by virtue of any SEBI order or any other such authority. Mr.Hetal Gandhi hasover 35 years of experience in the financial services industry that encompasses private equity investments, credit markets, investment banking and turnaround situations. Hetal co-founded the India Advisory firm for Tano Capital. Tano is a mid-market Private Equity Fund manager that has, over the last 15 years, facilitated investments in high growth companiesin their early stages. Hetal has been on the Board of companies, both listed and private, actively contributing to their strategy, organization, building and execution, and helped them scale up significantly. Prior to co-founding Tano India Advisors Pvt. Ltd, Hetal was the CEO for a large financial services Institution. Hetal is a certified member of the Institute of Chartered Accountants of India. Mr. Maneesh Mansingka has 25+ years of successful management experience. An inspiring and motivational leader with first-rate interpersonal skills and the ability and passion to develop the vision of any company he manages. Mr. Mansingka has a rich experience in establishing successful manufacturing businesses in Agri- commodity in Joint ventures. He has an experience in setting up joint ventures with Fortune 500 companies such as Bunge Ltd. and Noble Group Ltd. He was awarded with the Globe oil young entrepreneur award in 2005 at the International Seminar organized by Solvent xtractors Association of India. Mr. Mansingka was COO & Director of Geepee Agri Private Ltd, CEO and Director ofNoble Grain India Pvt Ltd. and COO of Geepee Ceval Proteins and Investment Limited. Mr. Mansingka is currently Managing Director of Shree Shubham Logistics Ltd. One of the large Warehouse service providers in the Agri commodities space in India managing over 11 million Sq feet. Recently SSL was recognized and has been awarded by the Economic Times as "Champion of Rural Market of 2019". Mr. Mansingkais the erstwhile Promoter and Director of B.G.K. Infrastructure Developers Pvt Ltd. which was set up to build, own, lease and operate warehouses for Grains and oilseeds in Rural parts of India. The company operates 300,000 sq ft of warehouses in 3 locations in Maharashtra for storage of Agricultural commodities. He is President in Kalpataru Urbanscape LLP and heading the Delhi NCR region for developing 900,000 sq. ft. residential building projects in Noida, UP. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improved over the past week After last week's 26% share price gain to ₹69.15, the stock trades at a trailing P/E ratio of 44.4x. Average trailing P/E is 37x in the Consumer Durables industry in India. Total returns to shareholders of 128% over the past three years. Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: ₹0.18 (vs ₹0.05 in 1Q 2022) First quarter 2023 results: EPS: ₹0.18 (up from ₹0.05 in 1Q 2022). Revenue: ₹1.10b (up 51% from 1Q 2022). Net income: ₹9.60m (up 243% from 1Q 2022). Profit margin: 0.9% (up from 0.4% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 22
Singer India Limited to Report Q1, 2023 Results on Jul 29, 2022 Singer India Limited announced that they will report Q1, 2023 results on Jul 29, 2022 Reported Earnings • Jun 02
Full year 2022 earnings released: EPS: ₹1.43 (vs ₹1.98 in FY 2021) Full year 2022 results: EPS: ₹1.43 (down from ₹1.98 in FY 2021). Revenue: ₹4.53b (up 9.3% from FY 2021). Net income: ₹76.8m (down 28% from FY 2021). Profit margin: 1.7% (down from 2.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 7% per year. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹49.25, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 37x in the Consumer Durables industry in India. Total returns to shareholders of 33% over the past three years. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.49 (down from ₹0.78 in 3Q 2021). Revenue: ₹1.27b (flat on 3Q 2021). Net income: ₹26.3m (down 37% from 3Q 2021). Profit margin: 2.1% (down from 3.3% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 22% share price gain to ₹76.90, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 45x in the Consumer Durables industry in India. Total returns to shareholders of 143% over the past three years. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 15% share price gain to ₹63.70, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 39x in the Consumer Durables industry in India. Total returns to shareholders of 51% over the past three years. Upcoming Dividend • Sep 01
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 08 September 2021. Payment date: 23 October 2021. Trailing yield: 1.8%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.5%). Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improved over the past week After last week's 18% share price gain to ₹57.85, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 36x in the Consumer Durables industry in India. Total returns to shareholders of 38% over the past three years. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹53.90, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 36x in the Consumer Durables industry in India. Total returns to shareholders of 24% over the past three years. Reported Earnings • Aug 02
Full year 2021 earnings released: EPS ₹1.98 (vs ₹1.49 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹4.15b (down 8.1% from FY 2020). Net income: ₹106.2m (up 33% from FY 2020). Profit margin: 2.6% (up from 1.8% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improved over the past week After last week's 33% share price gain to ₹68.70, the stock trades at a trailing P/E ratio of 57.1x. Average trailing P/E is 41x in the Consumer Durables industry in India. Total returns to shareholders of 52% over the past three years. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improved over the past week After last week's 19% share price gain to ₹47.80, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 45x in the Consumer Durables industry in India. Total loss to shareholders of 12% over the past three years. Announcement • Feb 05
Singer India Limited Appoints Kalliopi Tsiagka as Non- Executive Director Singer India Limited announced Appointment of Ms. Kalliopi Tsiagka (DIN 0009053187) as Non- Executive Director on the Board of the Company. Date of Appointment is February 4, 2021. Announcement • Feb 01
Singer India Limited to Report Q3, 2021 Results on Feb 12, 2021 Singer India Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Announcement • Jan 12
Singer India Limited Announces Board Changes The Board of Singer India Limited has appointed Mrs. Kalliopi Tsiaga as Non-Executive Director liable to retire by rotation on the Board subject to the allotment of Director Identification Number (DIN) in the causal vacancy caused by the resignation of Mr. Nandun Wickramasinghe. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹40.25, the stock is trading at a trailing P/E ratio of 33.5x, down from the previous P/E ratio of 39.4x. This compares to an average P/E of 30x in the Consumer Durables industry in India. Total return to shareholders over the past three years is a loss of 19%. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improved over the past week After last week's 18% share price gain to ₹47.45, the stock is trading at a trailing P/E ratio of 39.4x, up from the previous P/E ratio of 33.4x. This compares to an average P/E of 30x in the Consumer Durables industry in India. Total return to shareholders over the past three years is a loss of 2.2%. Is New 90 Day High Low • Dec 07
New 90-day high: ₹42.85 The company is up 65% from its price of ₹25.95 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 18% over the same period. Valuation Update With 7 Day Price Move • Dec 03
Market bids up stock over the past week After last week's 23% share price gain to ₹41.85, the stock is trading at a trailing P/E ratio of 34.8x, up from the previous P/E ratio of 28.2x. This compares to an average P/E of 29x in the Consumer Durables industry in India. Total return to shareholders over the past three years is a loss of 7.5%. Valuation Update With 7 Day Price Move • Nov 16
Market bids up stock over the past week After last week's 16% share price gain to ₹33.40, the stock is trading at a trailing P/E ratio of 36.7x, up from the previous P/E ratio of 31.6x. This compares to an average P/E of 32x in the Consumer Durables industry in India. Total return to shareholders over the past three years is a loss of 28%. Is New 90 Day High Low • Nov 13
New 90-day high: ₹31.80 The company is up 18% from its price of ₹27.00 on 14 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 16% over the same period. Announcement • Nov 01
Singer India Limited to Report Q2, 2021 Results on Nov 08, 2020 Singer India Limited announced that they will report Q2, 2021 results on Nov 08, 2020 Announcement • Aug 07
Singer India Limited to Report Q1, 2021 Results on Aug 14, 2020 Singer India Limited announced that they will report Q1, 2021 results on Aug 14, 2020 Announcement • Jun 20
Singer India Limited to Report Q4, 2020 Results on Jun 29, 2020 Singer India Limited announced that they will report Q4, 2020 results on Jun 29, 2020 
