Signet Industries Ltd Stock Analysis

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

BSE Share Price 07-Feb-2023 16:27
37.20 0.95 (2.62%)

DeciZen - Make an Informed Decision on Signet Industries

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Signet Industries Price Chart

P/E Ratio ( SA) :
12.16
Market Cap :
106.7 Cr.
52-wk low :
30.8
52-wk high :
60
Bole Toh?

1. Is Signet Industries Ltd a good quality company?

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

2. Is Signet Industries Ltd 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.

3. Is Signet Industries Ltd a good buy now?

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

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Signet Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 13.2%14.2%13.5%15.5%13.5%12.6%11.5%10.9%10%7.8%-
Value Creation Index -0.10.0-0.00.1-0.0-0.1-0.2-0.2-0.3-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 565612656794912904976883827877934
YoY Gr. Rt. %-8.4%7.2%20.9%15%-1%8%-9.5%-6.3%6.1%-
Adj EPS 4.34.83.96.366.34.74.24.32.83
YoY Gr. Rt. %-11%-17.9%61%-4.5%4.2%-24.8%-9.8%1.2%-35%-
BVPS (₹) 14.718.529.935.947.252.856.759.964.166.366.8
Adj Net Profit 12.513.911.418.317.718.413.912.512.68.29
Cash Flow from Ops. 32.142.964.628.215.22084.211.6733.6-
Debt/CF from Ops. 8.36.136.913.712.22.521.142.49.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5%-0.8%-3.5%6.1%
Adj EPS -4.6%-14.2%-16%-35%
BVPS 18.37.15.43.5
Share Price -16.9% -14.6% 24% -34%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 28.42614.517.213.912.58.67.36.94.34.5
Op. Profit Mgn % 9.410.78.88.66.97.77.37.77.676.7
Net Profit Mgn % 2.22.31.72.31.921.41.41.50.90.9
Debt to Equity 5.64.421.71.51.61.31.41.61.60.4
Working Cap Days 191200210185177198195227261259239
Cash Conv. Cycle 8486847078948910013214470

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 1.57

Return on Equity has declined versus last 3 years average to 4.50%

Sales growth has been subdued in last 3 years -3.49%

Net Profit has been subdued in last 3 years -15.96%

Sales growth is not so good in last 4 quarters at 5.03%

Latest Financials - Signet Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 3 -
TTM Sales (₹ Cr.) 934 -
BVPS (₹.) 66.8 -
Reserves (₹ Cr.) 167 -
P/BV 0.54 -
PE 12.16 -
From the Market
52 Week Low / High (₹) 30.80 / 60.00
All Time Low / High (₹) 0.12 / 745.00
Market Cap (₹ Cr.) 107
Equity (₹ Cr.) 29.4
Face Value (₹) 10
Industry PE 47.7

Management X-Ray of Signet Industries :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Signet Industries

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Signet Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Signet Industries on 07-Feb-2023 16:27 is : 37.20.
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 07-Feb-2023 16:27 the market cap of Signet Industries stood at ₹ 106.7.
The latest PE ratio of Signet Industries as of 07-Feb-2023 16:27 is 12.16.
The latest PB ratio of Signet Industries as of 07-Feb-2023 16:27 is 0.54
The 52-week high of Signet Industries is ₹ 60.00 and the 52-week low is ₹ 30.80.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Signet Industries is ₹ 933.9 ( 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.

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