Singer India Ltd

Singer India Ltd

₹ 82.2 -3.67%
21 Nov - close price
About

Incorporated in 1977, Singer India Ltd is in the business of trading /manufacturing of sewing machines, related accessories and also in trading of domestic appliances[1]

Key Points

Business Overview:[1][2]
The Singer Company Ltd S.a.r.l. and Singer Sourcing LLC, are both affiliates of ~SVP Worldwide.

It is an ISO 9001:2015 certified company having 2 major business segments – Sewing Products and Home appliances. Company assembles and trades sewing machines and home appliances in India under the Singer and the Merritt brands.

  • Market Cap 507 Cr.
  • Current Price 82.2
  • High / Low 122 / 76.2
  • Stock P/E 63.3
  • Book Value 12.0
  • Dividend Yield 0.00 %
  • ROCE 18.2 %
  • ROE 13.0 %
  • Face Value 2.00

Pros

Cons

  • Promoter holding is low: 31.0%
  • Promoter holding has decreased over last 3 years: -28.0%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Engineering Industry: Engineering

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2006 Sep 2006 Jun 2007 Sep 2007 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020
10.20 13.03 11.74 12.05 110.50 105.34 134.96 132.19 123.75 101.65 124.19 101.59
10.16 12.69 11.23 11.49 107.27 103.32 129.54 127.77 120.41 99.34 116.59 100.18
Operating Profit 0.04 0.34 0.51 0.56 3.23 2.02 5.42 4.42 3.34 2.31 7.60 1.41
OPM % 0.39% 2.61% 4.34% 4.65% 2.92% 1.92% 4.02% 3.34% 2.70% 2.27% 6.12% 1.39%
0.09 0.05 0.06 0.10 0.31 0.94 0.30 0.36 0.44 1.74 0.29 1.18
Interest 1.05 1.06 1.06 1.02 0.24 0.19 0.27 0.48 0.57 0.59 0.55 0.47
Depreciation 0.17 0.18 0.14 0.14 0.29 0.27 0.28 0.28 0.98 1.01 0.96 0.83
Profit before tax -1.09 -0.85 -0.63 -0.50 3.01 2.50 5.17 4.02 2.23 2.45 6.38 1.29
Tax % 0.92% 1.18% 0.00% 2.00% 35.88% 36.40% 35.78% 36.82% 35.87% 36.33% 36.36% 27.91%
-1.10 -0.86 -0.63 -0.51 1.93 1.59 3.32 2.54 1.43 1.56 4.06 0.93
EPS in Rs 0.36 0.30 0.62 0.47 0.27 0.29 0.76 0.17
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 15m Mar 2007 Mar 2008 Mar 2009 Mar 2018 Mar 2019 Mar 2020
45 46 48 70 422 483 451
65 45 89 93 408 467 436
Operating Profit -19 1 -41 -23 14 16 15
OPM % -43% 1% -86% -33% 3% 3% 3%
-0 1 71 45 1 2 4
Interest 6 4 1 0 1 2 3
Depreciation 1 1 1 1 1 1 4
Profit before tax -27 -3 28 21 13 15 12
Tax % 0% 1% 2% 1% 29% 36% 35%
-27 -3 27 21 9 9 8
EPS in Rs 1.68 1.75 1.49
Dividend Payout % 0% 0% 0% 0% 45% 46% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -7%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -15%
Stock Price CAGR
10 Years: 8%
5 Years: 22%
3 Years: 7%
1 Year: -30%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2018 Mar 2019 Mar 2020
Equity Capital 16 16 16 5 11 11 11
Reserves -72 -75 -48 -13 47 48 54
41 44 15 12 14 22 20
28 27 28 14 78 88 84
Total Liabilities 13 12 10 18 149 169 168
5 5 4 4 12 12 12
CWIP 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 2
8 7 6 14 137 157 154
Total Assets 13 12 10 18 149 169 168

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2018 Mar 2019 Mar 2020
3 1 3 -3 -5 -1 17
1 0 -0 -2 -1 -0 -1
-8 -1 -2 6 -5 -9 -7
Net Cash Flow -3 -1 1 1 -11 -10 9

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2018 Mar 2019 Mar 2020
Debtor Days 15 9 1 21 42 50 46
Inventory Days 14 18 17 36 74 73 80
Days Payable 186 186 211 70 69 70 74
Cash Conversion Cycle -157 -160 -192 -13 47 53 53
Working Capital Days -178 -173 -179 -18 40 46 49
ROCE % 21% 18%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
57.65% 57.65% 57.65% 35.31% 35.31% 31.00% 31.00% 31.00% 31.00% 31.00% 31.00% 31.00%
0.93% 0.93% 0.93% 0.00% 0.00% 4.30% 4.30% 4.30% 3.56% 3.17% 2.58% 0.00%
0.88% 0.88% 0.88% 0.88% 0.88% 0.77% 0.77% 0.77% 0.77% 0.77% 0.77% 0.77%
40.54% 40.54% 40.54% 63.82% 63.81% 63.93% 63.93% 63.93% 64.68% 65.08% 65.67% 68.23%
No. of Shareholders 16,49416,91117,34529,69626,39525,73923,78523,99025,74526,06825,79925,927

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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