Sikko Industries Limited manufactures and trades in urea and various organic fertilizers, and pesticides used for agriculture in India. More Details
Excellent balance sheet with proven track record.
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.
7 Day Return
1 Year Return
Return vs Industry: SIKKO underperformed the Indian Chemicals industry which returned 14.1% over the past year.
Return vs Market: SIKKO underperformed the Indian Market which returned -1.6% over the past year.
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
1 week ago | Simply Wall StSikko Industries Limited's (NSE:SIKKO) Subdued P/E Might Signal An Opportunity
1 month ago | Simply Wall StMarket Still Lacking Some Conviction On Sikko Industries Limited (NSE:SIKKO)
1 month ago | Simply Wall StSikko Industries Limited's (NSE:SIKKO) Subdued P/E Might Signal An Opportunity
Is Sikko Industries 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: 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 (15.1x).
PE vs Market: SIKKO is good value based on its PE Ratio (6x) compared to the Indian market (15.9x).
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).
How is Sikko Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine whether Sikko Industries is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Sikko Industries competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Sikko Industries performed over the past 5 years?
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.
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).
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jayantibhai Kumbhani (54 yo)
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 ($USD52.95K) is about average for companies of similar size in the Indian market ($USD48.88K).
Compensation vs Earnings: Jayantibhai's compensation has been consistent with company performance over the past year.
|MD & Executive Non-Independent Director||3.67yrs||₹3.90m||37.26% |
|Chief Finance Officer||3.67yrs||₹563.36k||no data|
|Company Secretary & Compliance Officer||1.75yrs||₹121.84k||no data|
|Account Manager||17.25yrs||no data||no data|
|General Manager||no data||no data||no data|
Experienced Management: SIKKO's management team is considered experienced (3.7 years average tenure).
|MD & Executive Non-Independent Director||3.67yrs||₹3.90m||37.26% |
|Non-Executive & Independent Director||3.58yrs||no data||no data|
|Non-Executive Director||3.17yrs||no data||5.8% |
|Independent Director||3.33yrs||no data||no data|
Experienced Board: SIKKO's board of directors are considered experienced (3.6 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.
Sikko Industries Limited's company bio, employee growth, exchange listings and data sources
- 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
- Sikko Industries Limited
- 508, Iscon Elegance
- Near Jain Temple
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SIKKO||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Apr 2017|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/26 19:27|
|End of Day Share Price||2020/09/25 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.