Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 04 April, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Signet Industries Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 4, 2025, 10:57 am

Market Cap 152 Cr.
Current Price 51.8
High / Low 97.4/39.0
Stock P/E13.1
Book Value 75.4
Dividend Yield0.96 %
ROCE14.8 %
ROE7.22 %
Face Value 10.0
PEG Ratio-3.76

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Signet Industries Ltd

Competitors of Signet Industries Ltd

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Hindustan Fluoro Carbons Ltd 26.4 Cr. 13.5 22.6/10.846.4 41.90.00 %3.05 %% 10.0
Gujarat Petrosynthese Ltd 35.8 Cr. 60.0 98.0/52.132.5 81.90.00 %2.73 %3.46 % 10.0
AVI Polymers Ltd 6.10 Cr. 14.9 20.7/9.8076.2 12.00.00 %0.57 %0.41 % 10.0
Supreme Petrochem Ltd 11,470 Cr. 610 927/51827.6 1121.48 %22.5 %16.8 % 2.00
Signet Industries Ltd 152 Cr. 51.8 97.4/39.013.1 75.40.96 %14.8 %7.22 % 10.0
Industry Average3,824.43 Cr179.0738.5979.550.92%12.39%9.72%7.55

All Competitor Stocks of Signet Industries Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 180.99311.14219.14222.65263.39312.52288.82268.78311.31344.13252.64257.65303.98
Expenses 165.66293.58203.75208.13244.24292.10270.59248.98286.44322.92238.33236.86281.80
Operating Profit 15.3317.5615.3914.5219.1520.4218.2319.8024.8721.2114.3120.7922.18
OPM % 8.47%5.64%7.02%6.52%7.27%6.53%6.31%7.37%7.99%6.16%5.66%8.07%7.30%
Other Income 0.390.240.310.750.581.160.481.000.593.101.210.420.32
Interest 10.0611.5311.3610.3610.3512.0012.0413.5915.6615.1912.3114.4113.95
Depreciation 2.132.142.182.262.322.322.412.442.452.442.392.372.33
Profit before tax 3.534.132.162.657.067.264.264.777.356.680.824.436.22
Tax % 26.91%30.99%32.41%29.06%26.63%37.88%25.12%28.30%26.53%48.50%40.24%27.54%27.33%
Net Profit 2.582.851.471.885.184.523.203.415.403.440.493.224.52
EPS in Rs 0.880.970.500.641.761.541.091.161.831.170.171.091.54

Last Updated: February 28, 2025, 5:07 pm

Below is a detailed analysis of the quarterly data for Signet Industries Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is ₹303.98 Cr.. The value appears strong and on an upward trend. It has increased from 257.65 Cr. (Sep 2024) to ₹303.98 Cr., marking an increase of 46.33 Cr..
  • For Expenses, as of Dec 2024, the value is ₹281.80 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 236.86 Cr. (Sep 2024) to ₹281.80 Cr., marking an increase of 44.94 Cr..
  • For Operating Profit, as of Dec 2024, the value is ₹22.18 Cr.. The value appears strong and on an upward trend. It has increased from 20.79 Cr. (Sep 2024) to ₹22.18 Cr., marking an increase of 1.39 Cr..
  • For OPM %, as of Dec 2024, the value is 7.30%. The value appears to be declining and may need further review. It has decreased from 8.07% (Sep 2024) to 7.30%, marking a decrease of 0.77%.
  • For Other Income, as of Dec 2024, the value is ₹0.32 Cr.. The value appears to be declining and may need further review. It has decreased from 0.42 Cr. (Sep 2024) to ₹0.32 Cr., marking a decrease of 0.10 Cr..
  • For Interest, as of Dec 2024, the value is ₹13.95 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 14.41 Cr. (Sep 2024) to ₹13.95 Cr., marking a decrease of 0.46 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹2.33 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2.37 Cr. (Sep 2024) to ₹2.33 Cr., marking a decrease of 0.04 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹6.22 Cr.. The value appears strong and on an upward trend. It has increased from 4.43 Cr. (Sep 2024) to ₹6.22 Cr., marking an increase of 1.79 Cr..
  • For Tax %, as of Dec 2024, the value is 27.33%. The value appears to be improving (decreasing) as expected. It has decreased from 27.54% (Sep 2024) to 27.33%, marking a decrease of 0.21%.
  • For Net Profit, as of Dec 2024, the value is ₹4.52 Cr.. The value appears strong and on an upward trend. It has increased from 3.22 Cr. (Sep 2024) to ₹4.52 Cr., marking an increase of 1.30 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 1.54. The value appears strong and on an upward trend. It has increased from 1.09 (Sep 2024) to 1.54, marking an increase of 0.45.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 6:50 pm

MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 5656126507869129049768838278771,0181,2131,158
Expenses 5125495937198498349058167648169481,1291,080
Operating Profit 52645767637071676362698478
OPM % 9%10%9%9%7%8%7%8%8%7%7%7%7%
Other Income 9883442231355
Interest 38454340384144444643445656
Depreciation 666777788991010
Profit before tax 18211623232622171212192318
Tax % 32%26%26%25%21%28%38%31%-19%30%32%33%
Net Profit 1216121718181412148131512
EPS in Rs 4.115.404.035.966.266.284.664.014.742.804.435.253.97
Dividend Payout % 29%22%-0%8%8%8%11%12%11%18%11%10%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)33.33%-25.00%41.67%5.88%0.00%-22.22%-14.29%16.67%-42.86%62.50%15.38%
Change in YoY Net Profit Growth (%)0.00%-58.33%66.67%-35.78%-5.88%-22.22%7.94%30.95%-59.52%105.36%-47.12%

Signet Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:7%
5 Years:4%
3 Years:14%
TTM:-2%
Compounded Profit Growth
10 Years:2%
5 Years:2%
3 Years:7%
TTM:-29%
Stock Price CAGR
10 Years:-7%
5 Years:26%
3 Years:7%
1 Year:-27%
Return on Equity
10 Years:9%
5 Years:6%
3 Years:6%
Last Year:7%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 2:45 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 29292929292929292929292929
Reserves 14255876109126137147159166177191193
Borrowings 272267201205207245211244295307309336350
Other Liabilities 142186212205242216277234246216213212211
Total Liabilities 457506501515588616655654729718729768783
Fixed Assets 78828177727982778179827974
CWIP 0000410025100
Investments 8000000000116
Other Assets 371424420437511535572577646634645687702
Total Assets 457506501515588616655654729718729768783

Below is a detailed analysis of the balance sheet data for Signet Industries Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹29.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 29.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹193.00 Cr.. The value appears strong and on an upward trend. It has increased from 191.00 Cr. (Mar 2024) to ₹193.00 Cr., marking an increase of 2.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹350.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 336.00 Cr. (Mar 2024) to ₹350.00 Cr., marking an increase of 14.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹211.00 Cr.. The value appears to be improving (decreasing). It has decreased from 212.00 Cr. (Mar 2024) to ₹211.00 Cr., marking a decrease of 1.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹783.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 768.00 Cr. (Mar 2024) to ₹783.00 Cr., marking an increase of 15.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹74.00 Cr.. The value appears to be declining and may need further review. It has decreased from 79.00 Cr. (Mar 2024) to ₹74.00 Cr., marking a decrease of 5.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹6.00 Cr.. The value appears strong and on an upward trend. It has increased from 1.00 Cr. (Mar 2024) to ₹6.00 Cr., marking an increase of 5.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹702.00 Cr.. The value appears strong and on an upward trend. It has increased from 687.00 Cr. (Mar 2024) to ₹702.00 Cr., marking an increase of 15.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹783.00 Cr.. The value appears strong and on an upward trend. It has increased from 768.00 Cr. (Mar 2024) to ₹783.00 Cr., marking an increase of 15.00 Cr..

However, the Borrowings (350.00 Cr.) are higher than the Reserves (₹193.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +32436528152084127345130
Cash from Investing Activity +-285374-5-9-99-13-9-60
Cash from Financing Activity +-16-49-91-35-22-7-80-133-32-44-32
Net Cash Flow-12-211-3-114-57-3-71-1

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-220.00-203.00-144.00-138.00-144.00-175.00-140.00-177.00-232.00-245.00-240.00-252.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days131144128123123118109125144130108104
Inventory Days566379575878869611812611599
Days Payable90110122959388110102116957866
Cash Conversion Cycle979784858810785118146161145136
Working Capital Days989282889411296129163165145136
ROCE %18%19%19%21%19%18%17%15%12%11%12%15%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters72.57%72.57%72.57%72.57%72.57%72.57%72.57%72.57%72.57%72.57%72.78%72.78%
Public27.43%27.43%27.43%27.42%27.43%27.42%27.44%27.43%27.43%27.43%27.22%27.22%
No. of Shareholders14,80214,45914,42214,14814,06715,34414,65814,98815,09014,76115,73915,629

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 12
FaceValue 10.00
Basic EPS (Rs.) 1.34
Diluted EPS (Rs.) 1.34
PBDIT Margin (%) 6.43
PBIT Margin (%) 5.55
PBT Margin (%) 1.57
Net Profit Margin (%) 0.76
NP After MI And SOA Margin (%) 0.76
Interest Coverage Ratio (X) 1.39
Interest Coverage Ratio (Post Tax) (X) 1.19

After reviewing the key financial ratios for Signet Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 12, the value is 10.00. This value is within the healthy range. No previous period data is available for comparison.
  • For Basic EPS (Rs.), as of Mar 12, the value is 1.34. This value is below the healthy minimum of 5. No previous period data is available for comparison.
  • For Diluted EPS (Rs.), as of Mar 12, the value is 1.34. This value is below the healthy minimum of 5. No previous period data is available for comparison.
  • For PBDIT Margin (%), as of Mar 12, the value is 6.43. This value is below the healthy minimum of 10. No previous period data is available for comparison.
  • For PBIT Margin (%), as of Mar 12, the value is 5.55. This value is below the healthy minimum of 10. No previous period data is available for comparison.
  • For PBT Margin (%), as of Mar 12, the value is 1.57. This value is below the healthy minimum of 10. No previous period data is available for comparison.
  • For Net Profit Margin (%), as of Mar 12, the value is 0.76. This value is below the healthy minimum of 5. No previous period data is available for comparison.
  • For NP After MI And SOA Margin (%), as of Mar 12, the value is 0.76. This value is below the healthy minimum of 8. No previous period data is available for comparison.
  • For Interest Coverage Ratio (X), as of Mar 12, the value is 1.39. This value is below the healthy minimum of 3. No previous period data is available for comparison.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 12, the value is 1.19. This value is below the healthy minimum of 3. No previous period data is available for comparison.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Signet Industries Ltd as of April 4, 2025 is: 57.60

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 4, 2025, Signet Industries Ltd is Undervalued by 11.20% compared to the current share price 51.80

Intrinsic Value of Signet Industries Ltd as of April 4, 2025 is: 55.59

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 4, 2025, Signet Industries Ltd is Undervalued by 7.32% compared to the current share price 51.80

Last 5 Year EPS CAGR: -3.48%

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Signet Industries Ltd:
    1. Net Profit Margin: 0.76%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 0% (Industry Average ROCE: 12.39%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 0% (Industry Average ROE: 9.72%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 1.19
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 13.1 (Industry average Stock P/E: 38.59)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Signet Industries Ltd. is a Public Limited Listed company incorporated on 29/01/1985 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L51900MH1985PLC035202 and registration number is 035202. Currently company belongs to the Industry of Petrochem - Polymers. Company's Total Operating Revenue is Rs. 1213.04 Cr. and Equity Capital is Rs. 29.44 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Petrochemicals - PolymersGala No. 02 & 03, Building No. A-2, Gr. Floor, Print World Industrial Complex, Survey No. 15/1, Road, Thane Maharashtra 421302info@groupsignet.com
http://www.groupsignet.com
Management
NamePosition Held
Mr. Mukesh SanglaChairman & Managing Director
Mr. Saurabh SanglaDirector
Ms. Palak MalviyaIndependent Woman Director
Mr. Mayank ShrivasIndependent Director
Mrs. Reshma LalwaniIndependent Woman Director
Mr. Rahul RajpootIndependent Director

FAQ

What is the intrinsic value of Signet Industries Ltd?

Signet Industries Ltd's intrinsic value (as of 04 April 2025) is ₹57.60 — 11.20% higher the current market price of 51.80, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 152 Cr. market cap, FY2025-2026 high/low of ₹97.4/39.0, reserves of 193 Cr, and liabilities of 783 Cr.

What is the Market Cap of Signet Industries Ltd?

The Market Cap of Signet Industries Ltd is 152 Cr..

What is the current Stock Price of Signet Industries Ltd as on 04 April 2025?

The current stock price of Signet Industries Ltd as on 04 April 2025 is 51.8.

What is the High / Low of Signet Industries Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Signet Industries Ltd stocks is ₹97.4/39.0.

What is the Stock P/E of Signet Industries Ltd?

The Stock P/E of Signet Industries Ltd is 13.1.

What is the Book Value of Signet Industries Ltd?

The Book Value of Signet Industries Ltd is 75.4.

What is the Dividend Yield of Signet Industries Ltd?

The Dividend Yield of Signet Industries Ltd is 0.96 %.

What is the ROCE of Signet Industries Ltd?

The ROCE of Signet Industries Ltd is 14.8 %.

What is the ROE of Signet Industries Ltd?

The ROE of Signet Industries Ltd is 7.22 %.

What is the Face Value of Signet Industries Ltd?

The Face Value of Signet Industries Ltd is 10.0.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Signet Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE