Standard Industries Limited (SIL) AI Stock Analysis

• Market Cap: ₹916.69M
• Dividend Yield: 6.49%
• Average Volume (3M): 2.85K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.36
• Revenue Growth: 41.98%
• EPS Growth: -552.62%
• Country: IN
• Employees: 12
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Apparel - Manufacturers
• EPS (TTM): -1.03
• Shares Outstanding: 64,328,940
• 10 Day Avg. Volume: 3,594
• 30 Day Avg. Volume: 2,850
• PEG Ratio: >-0.01
• Price to Book (P/B): 1.05
• Price to Sales (P/S): 4.48
• P/FCF Ratio: -100.75
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: ₹13.00 ▼(-20.92% Downside)

Standard Industries Limited faces significant financial and technical challenges. The most impactful factor is the company's weak financial performance, marked by persistent losses and declining revenues. Technical indicators also suggest bearish momentum, with the stock trading below key moving averages. Despite a high dividend yield, the negative P/E ratio reflects ongoing profitability issues.

Positive Factors

Diversified product and revenue streams

A broad product mix across roofing, insulation, coatings and recurring maintenance contracts reduces reliance on a single segment, smoothing revenue cyclicality. This diversification supports durable revenue resilience, cross-selling opportunities, and steadier cash inflows over a multi-quarter horizon.

Global market position in building materials

Market leadership in roofing and waterproofing provides structural advantages: established distribution, contractor relationships, and brand recognition. These create barriers to entry, enable larger-scale contracting opportunities, and support long-term demand capture in commercial and residential construction markets.

Manageable leverage profile

A reasonable debt-to-equity position and lower reliance on borrowings give the company financial flexibility to fund working capital or investments without immediate refinancing pressure. This structural balance-sheet trait helps absorb cyclical downturns and supports strategic initiatives over months.

Negative Factors

Persistent net losses and negative margins

Sustained net losses and shrinking margins indicate structural profitability issues that can erode retained earnings and limit reinvestment. Without operational turnaround or margin recovery, the company risks continued capital depletion and constrained ability to finance growth or absorb shocks.

Negative free cash flow and weak cash conversion

Inability to convert earnings into cash undermines liquidity and the capacity to fund capex, pay suppliers, or service obligations organically. Persistent negative free cash flow forces dependence on external financing, which can be costly or limited during stress, weakening long-term operational stability.

Shrinking shareholders' equity

A declining equity base reduces the firm’s loss-absorption capacity and can constrain future borrowing or investment. Over months, continued equity erosion limits strategic flexibility, increases leverage metrics if debt persists, and heightens solvency risk during cyclical downturns.

Standard Industries Limited Business Overview & Revenue Model

Company Description

Standard Industries Limited trades in textiles and chemical products primarily in India. The company trades in cotton towels, bed sheets, interlining fabrics, cotton and blended dhotis, and cotton/PC blended and poly viscose suiting products; and cotton, PC poplin, and shirting products, as well as ready to stitch PC blended and Punjabi suits. It also engages in the property business; and manufactures common salt. The company was formerly known as Standard Mills Company Limited and changed its name to Standard Industries Limited in October 1989. The company was incorporated in 1892 and is based in Mumbai, India.

How the Company Makes Money

Standard Industries Limited generates revenue through multiple streams, primarily from the sale of its roofing and waterproofing products. Key revenue sources include the manufacturing and distribution of roofing systems, which encompass both commercial and residential applications. Additionally, SIL earns income from the production of insulation materials and other construction-related products. Strategic partnerships with contractors, architects, and builders enhance their market reach, while their focus on sustainability and innovation attracts a growing customer base. The company also benefits from recurring revenue through maintenance and service contracts related to their products.

Standard Industries Limited Financial Statement Overview

Summary

Standard Industries Limited exhibits financial strains with persistent net losses and declining revenues. While the debt levels are manageable, the shrinking equity and negative cash flow trends indicate potential liquidity and operational challenges. The company needs strategic interventions to regain financial health.

Income Statement

The company has faced declining revenues from FY2022 to FY2025, significantly impacting profitability. Gross profit margins have decreased, and the net profit margin has been consistently negative in recent years. The EBIT and EBITDA margins are also negative, indicating operational challenges.

Balance Sheet

The company maintains a reasonable debt-to-equity ratio, but the equity base has weakened over time. The equity ratio suggests a lower reliance on debt, yet the shrinking stockholders' equity raises concerns about financial stability.

Cash Flow

Cash flow performance is inconsistent, with negative free cash flow in recent years. The operating cash flow to net income ratio is low, indicating challenges in converting income into cash flow. There has been a significant decline in free cash flow growth, reflecting operational inefficiencies.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	315.82M	279.24M	266.57M	212.34M	4.39B	119.03M
Gross Profit	49.70M	71.55M	81.61M	-40.45M	2.56B	48.86M
EBITDA	-83.95M	-87.68M	1.54M	327.73M	2.28B	199.72M
Net Income	-131.50M	-135.10M	-1.31M	216.58M	1.85B	31.06M
Balance Sheet
Total Assets	0.00	1.50B	1.76B	1.93B	2.53B	3.83B
Cash, Cash Equivalents and Short-Term Investments	343.43M	349.54M	478.56M	578.88M	1.51B	1.36B
Total Debt	0.00	126.21M	220.34M	264.86M	260.73M	532.27M
Total Liabilities	-1.19B	306.58M	395.24M	454.21M	1.12B	4.26B
Stockholders Equity	1.19B	1.19B	1.36B	1.47B	1.42B	-432.79M
Cash Flow
Free Cash Flow	0.00	-12.41M	-69.84M	-1.14B	224.29M	304.37M
Operating Cash Flow	0.00	6.24M	-56.24M	-1.06B	604.16M	394.51M
Investing Cash Flow	0.00	154.01M	212.01M	596.87M	-162.19M	869.62M
Financing Cash Flow	0.00	-186.73M	-143.36M	-225.34M	-317.46M	-747.00M

Standard Industries Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 16.44
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SIL, the sentiment is Negative. The current price of 16.44 is above the 20-day moving average (MA) of 15.46, above the 50-day MA of 16.05, and below the 200-day MA of 18.46, indicating a bearish trend. The MACD of -0.55 indicates Positive momentum. The RSI at 35.91 is Neutral, neither overbought nor oversold. The STOCH value of 19.95 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SIL.

Standard Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
KAKATCEM	53 Neutral	₹878.45M	-3.34	―	2.30%	-32.19%	-1097.08%
SHAHALLOYS	52 Neutral	₹1.27B	92.07	―	―	-76.23%	―
REGENCERAM	49 Neutral	₹1.24B	84.55	―	―	574.56%	―
SIL	42 Neutral	₹916.69M	-4.96	―	6.49%	41.98%	-552.62%
ZENITHSTL	41 Neutral	₹937.63M	19.87	―	―	-36.62%	-37.94%