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Sigachi Industries Ltd

₹ 30.4-1.65%
06 Jan – close price
🔗sigachi.com•BSE: 543389•NSE: SIGACHI
Market Cap₹ 1,161 Cr.
Current Price₹ 30.4
High / Low₹ 59.6
Stock P/E25.4
Book Value₹ 12.2
Dividend Yield0.33 %
ROCE13.4 %
ROE9.83 %
Face Value₹ 1.00
Sales₹ 414 Cr.
OPM17.1 %
Mar Cap₹ 1,161 Cr.

ABOUT

Incorporated in 1989, Sigachi Industries Ltd is a manufacturing and selling of MCC.[1]

KEY POINTS

Business Overview:[1][2][3]SIL is one of the largest manufacturers of Cellulose based excipients. The company manufactures MCC in60distinct grades ranging from 15 microns to250microns. With over 60+ products, the company is in the business of:a)Active Pharmaceutical Ingredientsb)Intermediatesc)Pharmaceutical Excipientsd)Vitamin-mineral blendse)Polymer blendsf)Food & Nutritiong)Operations and Management services

Also present in buckets:
Aggressive Growth TriggersRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsPreferential IssuanceJv Partnerships AcquisitionsRevenue Guidance Vs ActualsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Sun Pharma.Inds.1760.2036.58422330.940.913124.952.5614478.318.9320.2154964.0130.1211543.963117.955.4312.970.07
2.Divi's Lab.6642.5070.96176337.500.45689.0035.102715.0016.1220.4410029.0032.372485.00689.0011.4413.530.01
3.Torrent Pharma.3936.8061.50133239.200.81591.0032.493302.0014.3027.0512248.0032.602166.53600.1715.7713.260.33
4.Cipla1530.8022.73123653.620.851353.373.737589.447.6422.7228349.5725.405441.141351.173.7614.720.01
5.Dr Reddy's Labs1256.2018.16104846.270.641336.807.288828.309.8322.6934310.0024.645772.201347.102.9112.950.16
6.Lupin2149.7022.7198198.040.561484.8373.347047.5124.2321.3024750.6927.254324.631477.925.0012.410.32
7.Zydus Lifesci.931.0518.6393685.421.181238.6040.926123.2016.9224.3124493.9031.105029.351283.603.7014.640.38
8.Sigachi Indust.30.3825.441160.870.3311.76-67.3183.94-23.0513.38413.5417.0645.637.102.487.040.28
–Median: 151 Co.405.7530.681679.940.1112.5711.71152.6410.5814.8574.0115.9343.8413.493.118.210.22

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
657710578801117684114777910984
Expenses
52618463648762699563669177
Operating Profit
1316211516241415191413187
Other Income
12222-11727221157
Profit before tax
1214161413-991217141311288
Tax %
21%22%39%26%27%-0%23%31%49%10%22%23%-47%
Net Profit
91110109-9991271282212
EPS in Rs
0.300.330.290.330.28-2.590.310.360.180.390.270.650.31

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
7481102128139188249290318408414
Expenses
647289101114151199234258334343
Operating Profit
109122725375056597471
Other Income
013453371220-106
Interest
4443211471111
Depreciation
1112223791315
Profit before tax
541025253749525571-62
Net Profit
33820202938424148-71
EPS in Rs
1.150.922.526.412.663.781.241.351.251.25-1.81
Dividend Payout %
9%11%4%2%4%0%8%7%8%8%–

Compounded Profit Growth

10 Years:%
5 Years:18%
3 Years:8%
TTM:-15%

Compounded Sales Growth

10 Years:%
5 Years:24%
3 Years:18%
TTM:18%

Return on Equity

10 Years:%
5 Years:15%
3 Years:12%
Last Year:10%

Stock Price CAGR

10 Years:%
5 Years:%
3 Years:-3%
1 Year:-40%

Balance Sheet

Standalone figures in ₹ crores

Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
3333883131333838
Reserves
151724435987196235377521430
Borrowings
2228292428213568135113130
Other Liabilities
16121521141822356474143
Total Liabilities
56607191109134284369609746741
Fixed Assets
23232629323853122139254211
Gross Block
22.9922.5832.8537.0242.0550.7369.09144.02169.47297.32–
Accumulated Depreciation
0.000.006.968.5110.4612.7715.6822.3030.3043.23–
CWIP
011234103591512
Investments
00000002102102139
Other Assets
333645607492221210276385379
Total Assets
56607191109134284369609746741

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
–971512285281536
Cash from Investing Activity
–-2-4-6-7-11-63-93-158-90
Cash from Financing Activity
–-6-4-93-91082616370
Net Cash Flow
–1-1-08851-392015

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
666079727982106115126120
Inventory Days
126136881181305749897771
Days Payable
103615045372928546961
Cash Conversion Cycle
89136116145172109126150135130
Working Capital Days
-1-71048657386876696
ROCE %
–19%27%46%33%36%27%19%14%13%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
48.49%48.49%48.49%48.49%46.08%45.43%45.43%44.71%44.71%44.14%44.14%40.48%
FIIs
0.05%0.09%0.05%0.95%1.76%2.06%1.55%1.58%0.16%0.08%2.89%3.10%
DIIs
––––––––––––
Public
51.46%51.43%51.45%50.56%52.17%52.51%53.01%53.69%55.12%55.77%52.97%56.41%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Sigachi Industries Confirms Non-Applicability of SEBI Compliance for Q4 FY26

10th April 2026, 8:32 pm

Sigachi Industries to Close Trading Window from April 1, 2026

26th March 2026, 10:05 pm

Sigachi Industries Q3 FY26 Results Impacted by Hyderabad Fire Incident; Management Eyes Capacity Expansion for Recovery

20th February 2026, 7:49 pm

Sigachi Industries Limited Publishes Unaudited Q3 FY26 Financial Results

16th February 2026, 3:55 pm

Sigachi Industries: Q3 FY26 Earnings Call Audio Recording Now Available Online

14th February 2026, 11:37 pm

Published by Other Websites

External media mentions & references

AI Fears Tank IT Stocks; Nifty Recovers Amid Broad Market Gains

4th February 2026, 4:02 pm

Sigachi CEO Bail Sparks Rally, But Deep Issues Remain

4th February 2026, 3:00 pm

Sigachi Targets $10B Cystic Fibrosis Market with New API Combo

21st January 2026, 7:38 pm

Sigachi Pharma Unlocks $10 Billion Cystic Fibrosis API Market

21st January 2026, 12:09 pm

Indian Markets Tumble 1.3% as Nifty Tests 25,200 Amid Earnings Rush

21st January 2026, 6:09 am

News Articles

Editorial & research coverage

Sigachi CEO Bail Sparks Rally, But Deep Issues Remain
Sigachi CEO Bail Sparks Rally, But Deep Issues Remain

4th February 2026, 3:00 pm

Sigachi Pharma Unlocks $10 Billion Cystic Fibrosis API Market
Sigachi Pharma Unlocks $10 Billion Cystic Fibrosis API Market

21st January 2026, 12:09 pm

Sigachi Fire Slashes Capacity, Downgrades Rating; Rebuilds with ₹493 Cr Capex
Sigachi Fire Slashes Capacity, Downgrades Rating; Rebuilds with ₹493 Cr Capex

9th January 2026, 5:28 pm

Midday Market Mayhem: Stocks Surge & Plunge on Orders, Fraud Alerts, and Commodity Waves!
Midday Market Mayhem: Stocks Surge & Plunge on Orders, Fraud Alerts, and Commodity Waves!

29th December 2025, 1:20 pm

Market Movers Alert: Coforge Acquisition, Vedanta Bid, Timex OFS & More Stocks in Focus Today!
Market Movers Alert: Coforge Acquisition, Vedanta Bid, Timex OFS & More Stocks in Focus Today!

29th December 2025, 7:33 am

Documents

Announcements

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Clarification- Intimation Under Regulation 30 Of SEBI (LODR)

11h - Sigachi appoints Atul Dhavle as Chief People Officer effective January 3, 2026; clarified delayed filing to exchange.

Appointment Of Chief People Officer Of The Company

1d - Sigachi appoints Atul Dhavle as Chief People Officer, effective Jan 3, 2026.

Cancellation of Board Meeting

30 Dec - Board meeting on December 31, 2025 cancelled for Sigachi Industries Limited; previously notified on December 26, 2025.

Closure of Trading Window

29 Dec - Trading window closed Jan 1, 2026 until 48 hours after unaudited Q3 (Dec 31, 2025) results.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2022

(from nse)

Credit Ratings

Rating update

24 Dec from care

Rating update

9 Jul 2025 from care

Rating update

10 Jan 2025 from care

Rating update

5 Jan 2024 from care

Rating update

22 Aug 2023 from care

Rating update

4 Jan 2023 from care

Concalls

Oct 2025

TranscriptPPTRecording

Aug 2025

TranscriptPPTRecording

Jun 2025

TranscriptPPTRecording

Jan 2025

TranscriptPPT

Nov 2024

TranscriptPPT

Aug 2024

TranscriptPPT

Jun 2024

TranscriptPPTRecording

Jan 2024

TranscriptPPTRecording

Nov 2023

TranscriptPPT

Nov 2023

Transcript

Aug 2023

PPT

Aug 2023

PPT

May 2023

PPTRecording

Feb 2023

Transcript

Feb 2023

TranscriptPPT

Jan 2023

PPT

Dec 2022

PPT

Nov 2022

TranscriptPPT

Aug 2022

PPT

Jul 2022

TranscriptPPT

May 2022

TranscriptPPT

Stock Analysis

Description

Sigachi Industries Ltd, a manufacturer of pharmaceutical excipients and specialty ingredients, is currently navigating significant operational and financial challenges stemming from a major fire incident at its Hyderabad unit in June 2025.

Key Growth Triggers

  1. Capacity expansion projects for Microcrystalline Cellulose (MCC) and Croscarmellose Sodium (CCS) at its Dahej SEZ unit.
  2. Growth initiatives in the Active Pharmaceutical Ingredients (API) segment.
  3. Ongoing research and development efforts and strategic collaborations.

Order Book

Currently no data available for Order Book.

Key Red Flags

  1. The severe impact of the June 2025 fire incident at the Hyderabad unit, resulting in substantial financial provisions, plant closure, compensation costs, and ongoing insurance claims.
  2. Promoter pledge invocations and significant changes in promoter shareholding.
  3. Credit rating downgrades and regulatory investigations, including the remand of its MD.
  4. Issues with IPO/warrant proceeds utilization and delays in CAPEX.

Key Dates To Watch

  1. Appointment of Atul Dhavle as Chief People Officer (effective January 3, 2026).
  2. The company previously scheduled a Board Meeting for December 31, 2025, to approve NCD issuance, which was subsequently cancelled due to unavoidable circumstances.

Corporate Announcements

10th Apr 26
Impact Rating: 2
Sigachi Industries informed exchanges that SEBI Regulation 74(5) is not applicable for the quarter ending March 31, 2026, as all shares are dematerialized and no rematerialisation requests were received.
26th Mar 26
Impact Rating: 4
Sigachi Industries Limited will be closing its trading window for designated personnel and their immediate relatives starting April 1, 2026. The closure is to prevent insider trading and will last until 48 hours post the announcement of audited Q4 FY26 financial results.
20th Feb 26
Impact Rating: 9
No description available.
16th Feb 26
Impact Rating: -
No description available.
14th Feb 26
Impact Rating: 4
Sigachi Industries has made the audio recording of its Q3 FY2025-26 earnings call accessible on its corporate website, facilitating investor engagement.