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Singer India Ltd (SINGERIND)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 505729 NSE: SINGERIND Consumer Durables - Domestic Appliances | Small Cap | Singer India Share Price

₹69.10 -1.23 (-1.75%)

As on 02-Jul'26 16:59

Singer India Ltd (SINGERIND)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 505729 NSE: SINGERIND Consumer Durables - Domestic Appliances | Small Cap | Singer India Share Price

₹69.10 -1.23 (-1.75%)

As on 02-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹430 Cr.
Current Price
₹69.1
52-Week Low / High
₹55 / 96
TTM EPS
₹2.1
TTM Sales
₹557 Cr.
Book Value per Share
₹28.7
P/E Ratio
33.69
Lower than its 5-year historical median
Industry PE
52.3
Price to Book (P/B)
2.41
Lower than its 5-year historical median
Price to Sales (P/S)
0.77
Lower than its 5-year historical median
EV/EBITDA
15.60
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
5.06%
Underperforms industry median
Return on Capital Employed (ROCE)
6.93%
Underperforms industry median
Return on Assets (ROA)
3.07%
Operating Profit Margin
1.4%
Net Profit Margin
1.71%
Gross Profit Margin
2.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
1.47%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
250%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
64.22%
Asset Quality
Promoter Holding
30.49%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹166 Cr.
Equity
₹12.4 Cr.
Face Value
₹2
All Time Low / High
₹1.00 / 134.40

Singer India stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Singer India Ltd a good quality company?
Singer India Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Singer India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Singer India Ltd vs industry peers?
Singer India Ltd revenue CAGR is -0.88%, compared to the industry median CAGR of 10.02%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Singer India Ltd?
Promoters hold 30.49% of the Singer India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Singer India Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 8% based on the current price.

10 Year X-Ray : Login to view analysis.

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.
Singer India Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 24.1%24.6%21.6%21.3%18.6%23.8%14.6%11.1%4.8%6.9%-
Value Creation
Index
0.70.80.50.50.30.70.0-0.2-0.7-0.5-

Growth Parameters

Sales 319369422483451415453460425432557
Sales YoY Gr.-15.5%14.4%14.6%-6.6%-8.1%9.3%1.6%-7.6%1.5%-
Adj EPS 1.51.41.61.71.521.40.50.71.22.1
YoY Gr.--4.1%15.5%3.1%-12.4%32.4%-31.1%-60%25.9%75%-
BVPS (₹) 9.79.810.7111213.514.422.22324.628.7
Adj Net
Profit
87.68.89.1810.57.23.34.17.313
Cash Flow from Ops. 5.1-6.6-50.517.528.613.7-0.61.4-24.9-
Debt/CF from Ops. 0-0.5-2.847.8100000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 3.4%-0.9%-1.6%1.5%
Adj EPS -2.4%-4.3%-4.1%75%
BVPS10.9%15.5%19.8%7.4%
Share Price 6.8% -1.1% -1.7% -3%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
12.815.11615.712.915.49.73.134.87.7
Op. Profit
Mgn %
3.433.23.23.44.52.30.50.41.42.7
Net Profit
Mgn %
2.52.12.11.91.82.51.60.711.72.3
Debt to
Equity
00.10.20.40.3000000
Working Cap
Days
109849410211812411010311512871
Cash Conv.
Cycle
3532384249464043486043

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales239369422483451415453460425432
Operating Expenses + 231358408467436396443458424426
Manufacturing Costs1222333344
Material Costs183285326369344317352358319309
Employee Cost 12202226262428304045
Other Costs 35505870635260676167
Operating Profit 8111416151910226
Operating Profit Margin (%) 3.4%2.9%3.2%3.2%3.4%4.5%2.3%0.5%0.4%1.3%
Other Income + 2212433487
Exceptional Items 0000000700
Interest 0012321110
Depreciation 1111432232
Profit Before Tax 911131512161011610
Tax 3445452323
Profit After Tax 68998118847
PAT Margin (%) 2.5%2.1%2.1%1.9%1.8%2.6%1.7%1.8%1.1%1.7%
Adjusted EPS (₹)1.11.41.71.71.52.01.41.40.71.2
Dividend Payout Ratio (%)44.90%49.30%45%46.40%0%50.60%70%0%0%0%

Valuation of Singer India - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 48535759647277136140152
Share Capital 11111111111111121212
Reserves 37424648546166124128140
Debt +0314221700000
Long Term Debt0000000000
Short Term Debt0314221700000
Minority Interest0000000000
Trade Payables37466271697565617652
Others Liabilities 169812142029222735
Total Liabilities 101111141164165168171219243239

Fixed Assets

Net Fixed Assets +12121212121189812
Gross Block27131415181916171724
Accumulated Depreciation1512368791012
CWIP 0000000000
Investments 0002222222
Inventories3954667475807379100105
Trade Receivables24344866574850403545
Cash Equivalents flag 1355371624828762
Others Assets 1459812111381212
Total Assets 101111141164165168171219243239

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 4-7-50172914-11-25
PBT 911131512161011610
Adjustment 1122562-630
Changes in Working Capital -3-16-17-133115-3-6-33
Tax Paid -2-3-3-3-3-4-3-3-2-2
Cash Flow From Investing Activity + -15-1-2-2-47-47196
Capex -1-1-1-1-22-190-6
Net Investments -15-0-1-1-77-55147
Others 1100010055
Cash Flow From Financing Activity + -3-3-5-9-6-6-449-21
Net Proceeds from Shares 00000005603
Net Proceeds from Borrowing 0000000000
Interest Paid -0-0-0-1-2-1-0-000
Dividend Paid -3-3-4-6-2-3-3-5-0-0
Others -1-1-1-1-2-3-1-1-2-2
Net Cash Flow -0-5-11-1091816219-18

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)15.8816.5916.2915.9413.1715.5410.287.813.255.06
ROCE (%)24.1224.6121.6121.2718.6123.7514.5711.14.776.93
Asset Turnover Ratio2.53.483.363.172.742.492.672.361.871.83
PAT to CFO Conversion(x)0.67-0.88-0.5602.132.641.75-0.130.25-3.57
Working Capital Days
Receivable Days37.5028.5035.5043.1049.9046.2039.3035.5031.6033
Inventory Days52.4046.2052.1052.9060.1068.2061.7060.1075.4085.10
Payable Days68.2052.8060.2065.5074.3083.3072.7063.9077.9075.40

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Singer India Ltd FAQs

The current trading price of Singer India on 02-Jul-2026 16:59 is ₹69.10.

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 01-Jul-2026 the market cap of Singer India stood at ₹429.9 Cr

The latest P/E ratio of Singer India as of 01-Jul-2026 is 33.69.

The latest P/B ratio of Singer India as of 01-Jul-2026 is 2.41.

The 52-week high of Singer India is ₹95.70 and the 52-week low is ₹55.21.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Singer India is ₹557 ( Cr.) .

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

The key valuation ratios of Singer India Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

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

About Singer India Ltd

Singer made an entry into the Indian sub-continent when it established its office in Bombay in the year 1951, the commercial hub of this sub-continent. Singer and sewing were to soon become synonymous. Now, 137 years later Singer is a leading player in sewing machines.

The company got incorporated on October 19, 1977 mainly for acquiring the business and undertaking of the Indian branch and it obtained the Certificate of Commencement of Business on March 13, 1978.

Product range of the company includes:

The company is mainly engaged in the manufacturing of Sewing machines

Straight Stitch
  • Singer Premium
  • Singer Popular
  • Singer Star
  • Merritt Magna
  • Merritt Taylor
Zig Zag
  • Singer 8280
  • Singer4228
  • Singer 2818
  • Singer Trendy
Industrial
  • Merritt 8103
  • Merritt Finedge
  • Merritt Workmate
  • Merritt Craftsman
  • Merritt Universl
  • Merritt Stitch Master
Milestones:
  • 1851- Isaac Merritt Singer formed I.M. Singer & Company with New York lawyer Edward C. Clark, following Singer's first lockstitch sewing machine patent. The Singer Sewing Machine is offered for sale all over the United States. Within two years Singer is the leading manufacturer and marketer of sewing machines in the United States.
  • 1852- Singer patented a tension device.
  • 1853- I. M. Singer & Co. sets-up corporate offices and a manufacturing facility in New York City. Company is renamed Singer Manufacturing Company.
  • The first Singer sewing machines, manufactured in New York, sell for $100 each.
  • 1855- Singer becomes the world's largest sewing company. Singer begins overseas expansion, starting in Paris, France, making Singer the world’s first international company.
  • A Singer sewing machine was awarded a first prize at the World's Fair in Paris.
  • 1856- Edward Clark originated the hire-purchase plan, the prototype for all installment selling or time payment purchases. As a result, individuals with even meager income could own a Singer sewing machine. Even better, they could increase their productivity, earn more money and improve their position in life.
  • 1857- First Singer showroom and headquarters located at 458 Broadway, New York City.
  • 1858- The first lightweight domestic machine, the 'Grasshopper,' was introduced.
  • Unit sales topped 3,000 a year.
  • Singer opened three manufacturing plants in New York City.
  • Singer opens an operation in Brazil.
  • 1859- Singer received first of three patents for lock-stitch vibrating shuttle machines.
  • 1861- Foreign sales exceed U.S. sales for the first time.
  • 1863 -The company was incorporated as the Singer Manufacturing Company, holding 22 patents and with capital assets of $550,000. Some 20,000 home sewing machines were being sold annually.
  • 1865- The 'New Family' sewing machine introduced.
  • 1866- Singer patented an oscillating shuttle sewing machine.
  • 1867- Singer opens its first factory outside of the United States, in Glasgow, Scotland.
  • 1868- Cabinet factory opened in South Bend, Indiana.
  • 1870- The Singer Company sells 170,000 machines.
  • The Singer Manufacturing Company opened sales and distribution centers in England.
  • The Singer Red “S” girl trademark made her debut. Her trademark is produced in several languages, becoming one of the most recognized trademarks in the world.
  • 1870- Red 'S' girl trademark made her debut-destined to become one of the best known emblems in the world.
  • 1871- Singer's Bridgton factory became the largest in Britain.
  • Unit sales reached 180,000 a year.
  • 1872- Elizabethport, New Jersey became the site of a large, state-of-the-art manufacturing facility.
  •  1873- With the official opening of the factory in Elizabethport, the Singer Manufacturing Company became a New Jersey Corporation under a special charter.
  • Canadian manufacturing began.
  • 1875- I.M. Singer dies in Torquay, England at age 63.
  • 1880- An Edison electric motor drives a sewing machine.
  • Singer sewing machine sales worldwide exceed 500,000 machines. Additional factories are established in the United States.
  • 1881-Factory opened in Cairo, Illinois.
  • 1882-Factories opened in Montreal, Quebec, Canada and Floridsdorf, Austria.
  • 1883- To meet growing demand in Europe, Singer opened the largest sewing machine factory in the world in Kilbowie Scotland. This factory at one point employed 12,000 workers and its most distinctive feature was the second largest clock tower in the world at almost 200 feet high.
  • 1884- Statue of Liberty, believed to be in Isabella Singer's likeness, is given to U.S.
  • 1889-Singer introduced the first practical electric sewing machine.
  • 1890-Singer claims 80% worldwide market share in sewing machines.
  • 1891-First use of electric motor to power a commercial machines.
  • 1892-Singer developed a commercial zigzag machine.
  • 1900-Singer Company was producing 40 different sewing machine models.
  • The 'Singer 66' was introduced.
  • Kilbowie, Scotland factory renamed Clydebank.
  • 1902-Factory opened in Podolsk, Russia.
  • 1903-Annual sales reach 1.35 million machines worldwide.
  • 1904-New factories opened in Wittenberge, Prussia and St. John's, Quebec, Canada.
  • Russian corporate headquarters opened. It was Russia's first steel girder structure.
  • Singer Sewing Machine Company became the sales and distribution division of Singer Manufacturing Company.
  • 1905-Singer acquired Wheeler and Wilson Manufacturing Company.
  • 1907-Factory opened in Bridgeport, Connecticut.
  • 1908- Singer Building at 149 Broadway in New York City opens. At the time of its completion it was the first skyscraper and the tallest building in the world, standing at 47 stories, 612 feet tall. It was headquarters for the Executive Office for 54 years.
  • 1913-Singer sales reach 3 million machines worldwide.
  • 1921- Singer introduced the 'Portable Electric,' an electric-motor powered model 99K.
  • 1927- First Singer Sewing Center, offering sewing courses, was introduced in New York City.
  • 1929- Nine worldwide Singer manufacturing facilities exist, employing 27,000 people and producing 3,000 models.
  • Singer purchased the Standard Sewing Machine Company.
  • First vacuum cleaner introduced, launching Singer’s strategy of diversification beyond sewing machines.
  • 1933- Singer introduced its 'Featherweight' at the Chicago's World Fair.
  • Factories opened in Monsa, Italy and Bounieres, France.
  • 1949- Singer developed Model 95K capable of 4,000 stitches per minute.
  • 1950- Plant opened in Anderson, South Carolina.
  • 1951- Singer Sewing Centers train an estimated 400,000 housewives.
  • Singer recovers from World War II when sewing machine production was suspended, reaching $307.8 million in sales during its centennial year.
  • 1952- Singer introduced the model 206, its first zigzag machine. 
  • 1955- New factory in Campinas, Brazil opened.
  • 1957-Annual sales reached $359 million.
  • 1958- Annual sales reached $507 million.
  • 1960- Singer begins diversification. In the following years the Company will make acquisitions in electric and electric test equipment and office machinery, including Packard Bell Electronics (1966) and General Precision Equipment Corporation (1968).
  • 1961- Executive Office moved to 30 Rockefeller Plaza, New York City.
  • 1963- The Singer Manufacturing Company changed its name to 'The Singer Company.'
  • 1965-Singer introduces the 'Touch and Sew' sewing machines.
  • Consolidated sales reached $979.8 million.
  • 1966-Consolidated sales reached billion-dollar mark for the first time.
  • 1970-Sales first topped $2 billion.
  • 1971- Consolidated sales were $2.1 billion; shareholders numbered over 60,000. Singer employed nearly 120,000 people worldwide.
  • 1973 - Company stock was listed on the London Stock Exchange.
  • Annual Sales reached $2.5 billion.
  • 1975 - Singer introduces the world's first electronic sewing machine, the Athena 2000.
  • 1978 - Singer introduced the Touchtronic 2001, the world's first computer-controlled machine.
  • 1979- Singer Headquarters are relocated to a new facility in Stamford, Connecticut.
  • 1985- Singer introduced an entire new line of state-of the-art sewing machines with models designed to meet individual needs and budgets. These machines were built with 'Duratec,' a unique material which is stronger and lighter than aluminum yet provides double insulation. These easy to use sewing machines ranged from basic to the most sophisticated sewing machines and included a top-of-the-line electronic sewing machine which had the capacity to produce an unlimited number of stitch patterns, monograms, embroidery, and even sews sideways.
  • 1989- Singer introduced the 9900 Unlimited with the largest microprocessor ever incorporated in a sewing machine.
  • 1990- Singer introduced the 9900 Unlimited which contained the largest microprocessor ever incorporated in sewing machines. The model 9900 had many easy-to-use, time-saving features including a LED message center offering practical advice to the sewer.
  • 1990- Singer introduced the QUANTUM® line, a new series of sewing machines specifically for the professional and avid sewer who demands performance, ease-of-use and state of the art features.
  • Singer introduced the Magic Steam Ironing Pressâ„¢, an at-home version of presses found in most tailor shops and dry cleaning stores.
  • 1990- The Quantumlock 4 and Quantumlock 5 overlocks offered exceptional performance with the most stitches available on any overlock.
  • 1990- The Magic Steam Ironing Press was introduced, an at-home version of presses found in most tailor shops and dry cleaning stores. The Magic Steam Press cut ironing time in half and included a variable temperature control and automatic shut-off safety feature, plus burst of steam for stubborn wrinkles.
  • 1991- Singer celebrated 140 years of innovation.
  • In August, the company went public with an initial public offering of 16,239,300 shares.
  • 1994- Singer introduced the QUANTUM® XL-100, its top-of-the-line embroidery sewing machine.
  • 1995- Singer introduced the Elegance line of sewing machines and the Embroidery Unlimited Machine. The new Embroidery Unlimited machine brought professional embroidery and monogramming to your personal computer.
  • 1996-Singer introduced the Millennium Series sewing machines.
  • 1997-Singer introduced the Quantum ® XL-1000, the most advanced machine in the market offering a wide variety of memory cards for serious embroiderers.
  • Singer Sewing Company's consumer products division relocated to Tennessee.
  • 2001-Singer celebrated its 150th Anniversary.
  • Singer again launched the world's most advanced home sewing and embroidery machine: the Quantum® XL-5000. The machine offers state of the art features such as a fully automated re
  • Threading system, wind-in-place bobbin winding system, and the next generation of Professional Sew-Wareâ„¢, making it the most powerful and user-friendly system on the market.


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