NSEI:SIKKO

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Executive Summary

Sikko Industries Limited manufactures and trades in urea and various organic fertilizers, and pesticides used for agriculture in India. More Details


Snowflake Analysis

Excellent balance sheet with proven track record.


Similar Companies

Share Price & News

How has Sikko Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SIKKO's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

18.2%

SIKKO

-0.6%

IN Chemicals

0.05%

IN Market


1 Year Return

-4.6%

SIKKO

16.6%

IN Chemicals

0.9%

IN Market

Return vs Industry: SIKKO underperformed the Indian Chemicals industry which returned 16.6% over the past year.

Return vs Market: SIKKO underperformed the Indian Market which returned 0.9% over the past year.


Shareholder returns

SIKKOIndustryMarket
7 Day18.2%-0.6%0.05%
30 Day-10.3%-1.0%-2.8%
90 Dayn/a16.0%9.8%
1 Year-4.6%-4.6%19.2%16.6%2.8%0.9%
3 Yearn/a44.0%35.8%4.1%-0.9%
5 Yearn/a132.5%113.3%38.9%28.6%

Price Volatility Vs. Market

How volatile is Sikko Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Sikko Industries undervalued compared to its fair value and its price relative to the market?

5.98x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SIKKO's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SIKKO's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SIKKO is good value based on its PE Ratio (6x) compared to the IN Chemicals industry average (15.5x).

PE vs Market: SIKKO is good value based on its PE Ratio (6x) compared to the Indian market (16.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SIKKO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SIKKO is good value based on its PB Ratio (0.9x) compared to the IN Chemicals industry average (1.1x).


Next Steps

Future Growth

How is Sikko Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.4%

Forecasted Materials 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 Sikko Industries 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.


Next Steps

Past Performance

How has Sikko Industries performed over the past 5 years?

44.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SIKKO has high quality earnings.

Growing Profit Margin: SIKKO's current net profit margins (7.6%) are higher than last year (7.5%).


Past Earnings Growth Analysis

Earnings Trend: SIKKO has become profitable over the past 5 years, growing earnings by 44.2% per year.

Accelerating Growth: SIKKO's earnings growth over the past year (21.3%) is below its 5-year average (44.2% per year).

Earnings vs Industry: SIKKO earnings growth over the past year (21.3%) exceeded the Chemicals industry -2.1%.


Return on Equity

High ROE: SIKKO's Return on Equity (14.5%) is considered low.


Next Steps

Financial Health

How is Sikko Industries's financial position?


Financial Position Analysis

Short Term Liabilities: SIKKO's short term assets (₹353.3M) exceed its short term liabilities (₹218.1M).

Long Term Liabilities: SIKKO's short term assets (₹353.3M) exceed its long term liabilities (₹3.7M).


Debt to Equity History and Analysis

Debt Level: SIKKO's debt to equity ratio (38.8%) is considered satisfactory.

Reducing Debt: SIKKO's debt to equity ratio has reduced from 82.1% to 38.8% over the past 5 years.

Debt Coverage: SIKKO's debt is not well covered by operating cash flow (10.5%).

Interest Coverage: SIKKO's interest payments on its debt are well covered by EBIT (6x coverage).


Balance Sheet


Next Steps

Dividend

What is Sikko Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SIKKO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SIKKO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SIKKO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SIKKO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SIKKO's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.7yrs

Average management tenure


CEO

Jayantibhai Kumbhani (54 yo)

3.67yrs

Tenure

₹3,900,000

Compensation

Mr. Jayantibhai Mohanbhai Kumbhani has been Managing Director at Sikko Industries Limited since January 12, 2017 and also has been its Executive Non-Independent Director since January 15, 2003. Mr. Kumbhan ...


CEO Compensation Analysis

Compensation vs Market: Jayantibhai's total compensation ($USD52.82K) is about average for companies of similar size in the Indian market ($USD48.88K).

Compensation vs Earnings: Jayantibhai's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ghanshyambhai Kumbhani
Chairman3.67yrs₹3.90m15.58%
₹ 22.7m
Jayantibhai Kumbhani
MD & Executive Non-Independent Director3.67yrs₹3.90m37.26%
₹ 54.2m
Mukesh Shah
Chief Finance Officer3.67yrs₹563.36kno data
Lata Dharmani
Company Secretary & Compliance Officer1.75yrs₹121.84kno data
Vishal Mistry
Account Manager17.25yrsno datano data
Narendra Solanki
General Managerno datano datano data

3.7yrs

Average Tenure

54yo

Average Age

Experienced Management: SIKKO's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ghanshyambhai Kumbhani
Chairman3.67yrs₹3.90m15.58%
₹ 22.7m
Jayantibhai Kumbhani
MD & Executive Non-Independent Director3.67yrs₹3.90m37.26%
₹ 54.2m
Mamtaben Thumbar
Non-Executive & Independent Director3.5yrsno datano data
Pravinbhai Kumbhani
Non-Executive Director3.17yrsno data5.8%
₹ 8.4m
Hasmukhbhai Vavaiya
Independent Director3.33yrsno datano data

3.5yrs

Average Tenure

51yo

Average Age

Experienced Board: SIKKO's board of directors are considered experienced (3.5 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Sikko Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sikko Industries Limited
  • Ticker: SIKKO
  • Exchange: NSEI
  • Founded: 1997
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: ₹145.600m
  • Shares outstanding: 5.60m
  • Website: https://www.sikkoindia.com

Number of Employees


Location

  • Sikko Industries Limited
  • 508, Iscon Elegance
  • Near Jain Temple
  • Ahmedabad
  • Gujarat
  • 380051
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SIKKONSEI (National Stock Exchange of India)YesEquity SharesININRApr 2017

Biography

Sikko Industries Limited manufactures and trades in urea and various organic fertilizers, and pesticides used for agriculture in India. The company offers bio agro chemicals, such as bio pesticides and fun ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/29 13:01
End of Day Share Price2020/09/25 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.