Is Signet Industries a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Signet Industries Ltd is a good quality company .

Is Signet Industries undervalued or overvalued?

The key valuation ratios of Signet Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is Signet Industries share price return in the past 10 years?

Signet Industries Ltd share price has declined -4.7% annually (CAGR) over the past ten years.

Is Signet Industries a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Signet Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Signet Industries Ltd - Stock Valuation and Financial Performance

Name: Signet Industries
Brand: Signet Industries

BSE: 512131 | NSE: SIGIND | Trading | Small Cap

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Signet Industries Share Price

₹69.58 -3.32 -4.55%
as on 20-Dec'24 16:59

10 Year X-Ray of Signet Industries:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	19.2%	21.2%	18.6%	17.9%	17%	15.4%	12.9%	11.1%	12.4%	14.9%	-
Value Creation Index ⓘ	0.4	0.5	0.3	0.3	0.2	0.1	-0.1	-0.2	-0.1	0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	656	794	912	904	976	883	827	877	1,018	1,213	1,166
Sales YoY Gr.	-	20.9%	15%	-1%	8%	-9.5%	-6.3%	6.1%	16%	19.2%	-
Adj EPS ⓘ	3.9	6.3	6	6.3	4.7	4.2	4.3	2.8	4.5	5.1	4.3
YoY Gr.	-	61%	-4.5%	4.2%	-24.8%	-9.8%	1.2%	-35%	62.4%	11.7%	-
BVPS (₹) ⓘ	29.9	35.9	47.2	52.8	56.7	59.9	64.1	66.3	70.1	74.8	75.4
Adj Net Profit ⓘ	11.4	18.3	17.7	18.4	13.9	12.5	12.6	8.2	13.3	14.9	13
Cash Flow from Ops. ⓘ	64.6	28.2	15.2	20	84.2	11.6	7	33.6	50.7	30.4	-
Debt/CF from Ops. ⓘ	3	6.9	13.7	12.2	2.5	21.1	42.4	9.2	6.1	11	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	7.1%	4.5%	13.6%	19.2%
Adj EPS ⓘ	2.9%	1.5%	5.7%	11.7%
BVPSⓘ	10.7%	5.7%	5.3%	6.6%
Share Price	-4.7%	30%	15.9%	8.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	14.5	17.2	13.9	12.5	8.6	7.3	6.9	4.3	6.6	7	5.7
Op. Profit Mgn % ⓘ	8.8	8.6	6.9	7.7	7.3	7.7	7.6	7	6.9	6.9	7
Net Profit Mgn % ⓘ	1.7	2.3	1.9	2	1.4	1.4	1.5	0.9	1.3	1.2	1.1
Debt to Equity ⓘ	2	1.7	1.5	1.6	1.3	1.4	1.6	1.6	1.5	1.5	0.2
Working Cap Days ⓘ	210	185	177	198	195	227	261	259	224	196	104
Cash Conv. Cycle ⓘ	84	70	78	94	89	100	132	144	131	119	27

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 13.62%

Debt to equity has declined versus last 3 years average to 1.52

Return on Equity has declined versus last 3 years average to 5.70%

Net Profit has been subdued in last 3 years 5.66%

Sales growth is not so good in last 4 quarters at 2.91%

Latest Financials - Signet Industries Ltd.

	Standalone	Consolidated
TTM EPS (₹)	4.3	-
TTM Sales (₹ Cr.)	1,166	-
BVPS (₹.) ⓘ	75.4	-
Reserves (₹ Cr.) ⓘ	194	-
P/BV ⓘ	0.92	-
PE ⓘ	16.32	-

From the Market
52 Week Low / High (₹)	52.24 / 97.00
All Time Low / High (₹)	0.12 / 745.00
Market Cap (₹ Cr.)	205
Equity (₹ Cr.)	29.4
Face Value (₹)	10
Industry PE ⓘ	62.3

Management X-Ray of Signet Industries:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Signet Industries

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Signet Industries

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	656	794	912	904	976	883	827	877	1,018	1,213
Operating Expenses ⓘ	599	727	849	834	905	816	764	816	948	1,129
Manufacturing Costs	10	11	14	14	19	20	19	21	26	31
Material Costs	543	663	800	774	831	731	688	730	842	1,011
Employee Cost	12	14	16	19	24	22	22	26	27	29
Other Costs ⓘ	34	39	20	27	30	43	35	39	53	59
Operating Profit ⓘ	57	67	63	70	71	67	63	62	69	84
Operating Profit Margin (%)	8.7%	8.4%	6.9%	7.7%	7.3%	7.6%	7.6%	7.0%	6.8%	6.9%
Other Income ⓘ	7	3	4	4	2	2	2	1	3	5
Interest ⓘ	43	40	38	41	44	44	46	43	44	56
Depreciation ⓘ	6	7	7	7	7	8	8	9	9	10
Exceptional Items ⓘ	1	0	0	0	0	0	2	0	0	0
Profit Before Tax ⓘ	16	23	23	26	22	17	12	12	19	23
Tax ⓘ	4	6	5	7	8	5	-2	3	6	8
Profit After Tax	12	17	18	18	14	12	14	8	13	15
PAT Margin (%)	1.8%	2.2%	2.0%	2.0%	1.4%	1.3%	1.7%	0.9%	1.3%	1.3%
Adjusted EPS (₹)	4.0	5.8	6.3	6.3	4.7	4.0	4.7	2.8	4.4	5.3
Dividend Payout Ratio (%)	0%	9%	8%	8%	11%	12%	11%	18%	11%	10%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	98	116	139	155	167	176	189	195	206	220
Share Capital ⓘ	40	40	29	29	29	29	29	29	29	29
Reserves ⓘ	58	76	109	126	137	147	159	166	177	191
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	163	180	201	236	203	238	271	288	291	312
Long Term Debt	60	54	45	40	35	42	74	80	65	48
Short Term Debt	104	126	156	196	168	196	198	207	227	264
Trade Payables	182	173	204	186	251	205	219	190	181	184
Others Liabilities ⓘ	77	66	44	38	34	35	50	45	50	52
Total Liabilities ⓘ	520	534	588	616	655	654	729	718	729	768
Fixed Assets
Gross Block	113	116	79	92	103	105	116	122	134	141
Accumulated Depreciation	32	38	7	13	20	28	34	43	52	61
Net Fixed Assetsⓘ	81	77	72	79	82	77	81	79	82	79
CWIP ⓘ	0	0	4	1	0	0	2	5	1	0
Investmentsⓘ	0	0	0	0	0	0	0	0	1	1
Inventories	117	103	128	165	197	192	222	252	265	274
Trade Receivables	228	265	307	291	293	302	327	312	302	345
Cash Equivalents	40	34	28	32	30	19	21	14	15	17
Others Assetsⓘ	54	54	48	47	53	64	76	55	63	52
Total Assets ⓘ	520	534	588	616	655	654	729	718	729	768

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	65	28	15	20	84	12	7	34	51	30
PBT ⓘ	15	23	23	26	22	17	10	12	19	23
Adjustment ⓘ	42	44	42	45	48	51	53	51	51	62
Changes in Working Capital ⓘ	14	-35	-48	-40	24	-51	-52	-26	-12	-50
Tax Paid ⓘ	-6	-3	-2	-11	-10	-5	-4	-2	-7	-5
Cash Flow From Investing Activity ⓘ	37	4	-5	-9	-9	9	-13	-9	-6	0
Capex	-5	-3	-5	-12	-9	-2	-13	-9	-7	-6
Net Investments	0	0	0	0	-3	10	-1	-1	-3	3
Others ⓘ	42	7	0	3	2	1	2	1	5	4
Cash Flow From Financing Activityⓘ	-91	-35	-22	-7	-80	-13	3	-32	-44	-32
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	37	-34	0	0	0	0	0
Interest Paid ⓘ	-43	-41	-39	-41	-44	-44	-46	-43	-44	-56
Dividend Paid ⓘ	-4	0	-2	-2	-2	-2	-2	-2	-2	-2
Others ⓘ	-44	6	19	0	0	33	51	12	2	26
Net Cash Flow ⓘ	11	-3	-11	4	-5	7	-3	-7	1	-1

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	16.57	18.12	15.1	12.56	8.52	6.87	7.64	4.3	6.5	7.25
ROCE (%)	19.17	21.17	18.62	17.9	16.99	15.43	12.85	11.06	12.42	14.86
Asset Turnover Ratio	1.29	1.53	1.67	1.51	1.54	1.35	1.2	1.21	1.41	1.62
PAT to CFO Conversion(x)	5.42	1.65	0.83	1.11	6	1	0.5	4.25	3.92	2
Working Capital Days
Receivable Days	128	111	112	120	109	123	139	133	110	97
Inventory Days	56	50	45	59	68	80	91	99	93	81
Payable Days	112	98	86	92	96	114	112	102	80	66

Signet Industries Ltd Stock News

Signet Industries Ltd FAQs

What is the share price of Signet Industries?

Company share prices are keep on changing according to the market conditions. The closing price of Signet Industries on 20-Dec-2024 16:59 is ₹69.58.

What is the market cap of Signet Industries?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Signet Industries stood at ₹204.8.

What is the P/E ratio of Signet Industries?

The latest P/E ratio of Signet Industries as of 20-Dec-2024 16:59 is 16.32.

What is the P/B ratio of Signet Industries?

The latest P/B ratio of Signet Industries as of 20-Dec-2024 16:59 is 0.92.

What is the 52-week high and low of Signet Industries?

The 52-week high of Signet Industries is ₹97.00 and the 52-week low is ₹52.24.

What is the TTM revenue of Signet Industries?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Signet Industries is ₹1,166 ( Cr.) .

About Signet Industries Ltd

Signet Industries, earlier know as Signet Overseas, was incorporated in the year 1985. Its registered office is located at 308 Acme Plaza, Opp Sangam Cinema, Andheri Kurla Road, Andheri E, Mumbai - 400059, Maharashtra.

The company belongs to the Signet group which has a diverse portfolio ranging from international trading and domestic distribution of polymers, chemicals, jumbo and raffia bags to spices, wax, plastics and power generation.

Business profile:

The company is engaged in the manufacture, trade, and export of poly products in India. It distributes HDPE, LDPE, PVC, PP, and PET resins.

The company also involves in the manufacture of various plastic products; and the distribution of chemical products, including food chemicals, phosphate, and paints. In addition, it operates wind turbine power unit; and offers wax products and spices.