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Sikko Industries Ltd. (IN:SIKKO)
:SIKKO
India Market

Sikko Industries Ltd. (SIKKO) AI Stock Analysis

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IN:SIKKO

Sikko Industries Ltd.

(SIKKO)

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Neutral 56 (OpenAI - 5.2)
Rating:56Neutral
Price Target:
₹5.00
▲(1.63% Upside)
Action:DowngradedDate:01/28/26
The score is primarily driven by mixed financial performance: steady revenue growth and a stable balance sheet are outweighed by weak cash flow and inconsistent profitability. Technicals remain bearish with the stock below key moving averages, though oversold indicators reduce downside risk near-term. Valuation is a headwind due to a high P/E and no dividend yield data.
Positive Factors
Steady revenue growth
Consistent top-line growth indicates resilient demand for Sikko's products and supports capacity utilization. Over 2-6 months this durable trend helps fund operations, underpins longer-term planning, and suggests the business can maintain investment in distribution and product availability.
Negative Factors
Negative free cash flow
Repeated negative free cash flow undermines the company's ability to self-fund operations, capex, or inventory needs. Over several months this raises liquidity risk, increases reliance on external financing, and can constrain timely supplier payments or investments into product and distribution expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
Steady revenue growth
Consistent top-line growth indicates resilient demand for Sikko's products and supports capacity utilization. Over 2-6 months this durable trend helps fund operations, underpins longer-term planning, and suggests the business can maintain investment in distribution and product availability.
Read all positive factors

Sikko Industries Ltd. (SIKKO) vs. iShares MSCI India ETF (INDA)

Sikko Industries Ltd. Business Overview & Revenue Model

Company Description
Sikko Industries Limited manufactures and trades in bio-agro chemicals, pesticides, fertilizers, seeds, sprayers, packaging, machineries, and FMCG products for agriculture in India. It offers organic agro chemicals, such as organic pesticides and ...
How the Company Makes Money
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Sikko Industries Ltd. Financial Statement Overview

Summary
Revenue growth is steady, supported by a stable balance sheet and manageable leverage, but profitability has been inconsistent and margins have weakened. Cash flow is the key drag, with negative free cash flow in multiple periods and volatile cash conversion raising liquidity and earnings-quality concerns.
Income Statement
65
Positive
Balance Sheet
70
Positive
Cash Flow
50
Neutral
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue678.58M617.48M612.87M494.62M507.98M388.41M
Gross Profit213.86M115.68M163.28M84.21M113.46M87.09M
EBITDA86.25M71.00M75.61M50.85M37.61M45.37M
Net Income54.51M42.71M40.64M28.93M18.77M25.98M
Balance Sheet
Total Assets1.36B1.08B516.91M454.95M366.96M446.51M
Cash, Cash Equivalents and Short-Term Investments9.09M1.96M823.00K1.31M2.03M1.36M
Total Debt122.91M41.16M58.90M86.14M16.37M67.80M
Total Liabilities493.72M267.38M238.17M216.85M155.26M253.58M
Stockholders Equity862.74M813.83M278.75M238.10M211.70M192.93M
Cash Flow
Free Cash Flow-88.92M-409.90M4.43M-61.47M57.59M-1.60M
Operating Cash Flow-86.66M-311.57M13.88M-40.46M63.64M2.41M
Investing Cash Flow15.00M-162.50M8.70M-19.54M-6.11M-3.94M
Financing Cash Flow78.89M474.63M-34.89M62.83M-56.86M-1.41M

Sikko Industries Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price4.92
Price Trends
50DMA
4.56
Positive
100DMA
4.89
Positive
200DMA
4.45
Positive
Market Momentum
MACD
-0.02
Negative
RSI
60.03
Neutral
STOCH
59.85
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SIKKO, the sentiment is Positive. The current price of 4.92 is above the 20-day moving average (MA) of 4.56, above the 50-day MA of 4.56, and above the 200-day MA of 4.45, indicating a bullish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 60.03 is Neutral, neither overbought nor oversold. The STOCH value of 59.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SIKKO.

Sikko Industries Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
₹1.13B-15.6828.58%68.42%
70
Outperform
₹1.36B9.092.13%35.04%
64
Neutral
₹1.38B18.160.88%19.61%130.56%
59
Neutral
₹1.45B87.130.37%42.23%-50.43%
56
Neutral
₹2.16B27.3614.93%-24.77%
55
Neutral
$13.29B17.4210.03%0.93%7.13%-12.93%
50
Neutral
₹1.85B1.72
* Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:SIKKO
Sikko Industries Ltd.
4.94
1.30
35.71%
IN:AHLWEST
Asian Hotels (West) Limited
158.45
17.20
12.18%
IN:AUSOMENT
Ausom Enterprise Limited
101.35
20.28
25.02%
IN:HPIL
Hindprakash Industries Ltd.
127.00
5.90
4.87%
IN:MAHESHWARI
Maheshwari Logistics Ltd.
45.80
-10.88
-19.20%
IN:SECMARK
SecMark Consultancy Ltd.
108.45
23.87
28.22%

Sikko Industries Ltd. Corporate Events

Sikko Industries to Amend Objects Clause for Strategic Entry into Energy Sector
Mar 7, 2026
Sikko Industries Ltd. has approved a proposal to alter its main object clause in the Memorandum of Association to enable a strategic expansion into the power and energy sector. The move is aimed at supporting long-term growth by allowing the compa...
Sikko Industries Moves to Amend Objects, Eyes Diversification Into Energy Sector
Mar 7, 2026
Sikko Industries has approved amendments to its Memorandum of Association to add new main object clauses that will allow it to enter the power and energy sector, including generation, production, trading and distribution of electricity from conven...
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: Jan 28, 2026