tiprankstipranks
Trending News
More News >
Signet Industries Limited (IN:SIGIND)
:SIGIND
India Market
Advertisement

Signet Industries Limited (SIGIND) AI Stock Analysis

Compare
0 Followers

Top Page

IN:SIGIND

Signet Industries Limited

(SIGIND)

Rating:64Neutral
Price Target:
₹65.00
▲(17.22% Upside)
The overall stock score reflects strong financial performance with stable revenue and cash flow, though challenged by high debt levels. Valuation appears favorable given the P/E ratio, adding to the stock's attractiveness. Technical indicators present mixed signals, suggesting cautious optimism.

Signet Industries Limited (SIGIND) vs. iShares MSCI India ETF (INDA)

Signet Industries Limited Business Overview & Revenue Model

Company DescriptionSignet Industries Limited (SIGIND) is a diversified manufacturing company based in India, primarily engaged in the production of plastic products, irrigation systems, and infrastructure-related goods. The company operates in various sectors including agriculture, infrastructure, and packaging, offering a range of products such as HDPE pipes, sprinkler systems, drip irrigation equipment, and plastic tanks. With a strong focus on technological innovation and quality, Signet Industries serves both domestic and international markets, contributing significantly to agricultural efficiency and infrastructure development.
How the Company Makes MoneySignet Industries Limited generates revenue through the manufacturing and sale of its diverse range of products. Key revenue streams include the sale of plastic products such as HDPE and PVC pipes, which are essential in irrigation and water management systems, particularly in the agriculture sector. The company also earns from its infrastructure segment by providing materials used in construction and public works. Additionally, Signet Industries benefits from its packaging solutions, which cater to various industries. Strategic partnerships with distributors and retailers, along with a robust supply chain, enhance its market reach and revenue generation. The company's innovation in product design and focus on quality help maintain a competitive edge, further driving its earnings.

Signet Industries Limited Financial Statement Overview

Summary
Signet Industries Limited demonstrates consistent revenue growth and operational stability, although profitability margins could be improved. The balance sheet shows a high reliance on debt, which could be a risk factor if not managed carefully. Cash flows are robust, supporting overall financial health.
Income Statement
68
Positive
Signet Industries Limited has shown a steady revenue growth trajectory with a notable increase from 2021 to 2025. The gross profit margin has slightly improved, reflecting efficient production processes. However, the net profit margin remains relatively low, suggesting potential cost management issues. EBITDA and EBIT margins are stable, indicating consistent operational performance.
Balance Sheet
64
Positive
The company maintains a stable equity ratio, indicating a balanced approach to financing. However, the debt-to-equity ratio is relatively high, posing potential risks in financial leverage. Return on equity is moderate, reflecting reasonable profitability relative to shareholders' equity.
Cash Flow
70
Positive
The cash flow from operations has been positive, indicating good cash management practices. Free cash flow has seen fluctuations but remains positive, supporting the company's liquidity position. The operating cash flow to net income ratio suggests strong cash generation capabilities relative to net income.
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue11.58B11.79B12.13B10.18B8.77B8.23B
Gross Profit1.68B1.84B1.72B1.50B1.27B1.17B
EBITDA835.50M901.62M849.01M674.49M594.43M623.45M
Net Income116.75M156.41M154.53M130.54M82.44M139.48M
Balance Sheet
Total Assets0.008.47B7.68B7.29B7.18B7.29B
Cash, Cash Equivalents and Short-Term Investments202.32M817.33M3.91M17.91M6.59M79.88M
Total Debt0.003.88B3.36B3.09B2.92B2.81B
Total Liabilities-2.22B6.14B5.48B5.22B5.23B5.40B
Stockholders Equity2.22B2.34B2.20B2.06B1.95B1.89B
Cash Flow
Free Cash Flow0.00117.80M238.03M433.52M248.00M-83.27M
Operating Cash Flow0.00157.41M303.68M506.84M335.75M69.58M
Investing Cash Flow0.00-71.03M2.68M-55.63M-86.81M-125.36M
Financing Cash Flow0.00-79.23M-320.36M-439.90M-322.22M27.15M

Signet Industries Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price55.45
Price Trends
50DMA
62.12
Negative
100DMA
57.08
Positive
200DMA
60.78
Negative
Market Momentum
MACD
-1.18
Positive
RSI
42.40
Neutral
STOCH
53.15
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SIGIND, the sentiment is Negative. The current price of 55.45 is below the 20-day moving average (MA) of 59.58, below the 50-day MA of 62.12, and below the 200-day MA of 60.78, indicating a bearish trend. The MACD of -1.18 indicates Positive momentum. The RSI at 42.40 is Neutral, neither overbought nor oversold. The STOCH value of 53.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SIGIND.

Signet Industries Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
69
Neutral
₹2.40B10.98
0.80%0.09%23.31%
64
Neutral
₹1.60B10.44
0.87%-2.80%-1.20%
63
Neutral
$10.83B16.637.96%2.06%2.20%-16.67%
61
Neutral
₹1.32B20.37
0.42%
59
Neutral
₹1.79B29.66
-0.85%20.43%
53
Neutral
₹1.37B22.10
18.09%-16.53%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:SIGIND
Signet Industries Limited
55.15
-22.56
-29.03%
IN:BHARATGEAR
Bharat Gears Limited
88.20
-19.05
-17.76%
IN:HILTON
Hilton Metal Forging Limited
60.08
-22.12
-26.91%
IN:SOMICONVEY
Somi Conveyor Beltings Limited
149.65
-38.70
-20.55%
IN:VETO
Veto Switchgears & Cables Ltd.
123.60
-33.57
-21.36%

Signet Industries Limited Corporate Events

Signet Industries Resumes Full Production Post-Fire Incident
Apr 14, 2025

Signet Industries Limited has announced the resumption of full production at its facility in Pithampur, following a fire incident on April 11, 2025. The plant has been fully restored, and the company expressed gratitude to the fire department, employees, and local authorities for their swift response, highlighting the company’s resilience and operational recovery.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 22, 2025