Sigachi Industries Q1 Result: Sales Rise 13% & Net Profit Jump 17%

Sigachi Industries Limited published a recent June 2024 Q1 financial result. Sigachi Industries operates in the pharmaceutical sector. This company is one of the largest manufacturers of microcrystalline cellulose powder worldwide. The company currently market cap of ₹ 2,055 Crore, and one share price in recent times of ₹ 62.50.

The company reported on a quarter-to-quarter basis a sales decline of 7.7% and a profit decline of 13.4%, but despite the decrease in quarterly sales and profit, the company’s revenue has increased by 13%, net profit by 17%, and EPS by 14% on an annual basis.

Sigachi Industries Consolidated Q1 June 2024 Quarter Financial Performance

Jun 2024Mar 2024Dec 2023
Net Sales/ Revenue96104111
Expenses758888
Profit Before Tax161720
Net Profit131516
EPS in Rs0.400.460.50
All values in INR Crores

Read More: Clean Science June 2024 Q1 Result

SIGACHI INDUSTRIES

Sigachi Industries Consolidated Anual ( YoY ) Financial Performance Jun Month

Jun 2024Jun 2023
Net Sales/ Revenue9685
Expenses7568
Profit Before Tax1615
Net Profit1311
EPS in Rs0.400.35

Segachi Industries Limited Fundamental Key Details

Current P/E Ratio34.8
Industry PE36.8
Face Value1
ROCE17.2%
ROE16.4%
Debt to equity0.29
EVEBITDA22.8

Sigachi Industries Latest Share-Holding Pattern Change

Share HoldersJune 2024March 2024December 2023
Promoters45.43%45.43%46.08%
FIIs1.55%2.06%1.76%
DIIs0.0%0.0%0.0%
Public53.01%52.51%52.17%

Sigachi Industries Recent Time Some Risk

  • Promoters share Pledged percentage of 21.70%
  • Promoters Continuously decrease their stake.
  • DII holds zero per cent and FII Continuously decreases share-holding.
  • The public holds the majority of the total company shares which present time 53.01%
  • The PEG ratio is high at 1.42. That indicates the company’s current trade is overvalued.

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