Signet Industries Ltd
NSE: SIGIND BSE: 512131
₹43.75
(-0.79%)
Thu, 02 Apr 2026, 01:09 am
Market Cap1.3B
PE Ratio7.70
Dividend1.13
Process Industries
Chemicals: Specialty
24.5KSignet Industries Analysis
dividend
- Dividends paid are thoroughly covered by earnings (9.6x coverage).
- Signet Industries's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
- Signet Industries has only been paying a dividend for 9 years, and since then dividends per share have fallen.
- Signet Industries has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
- Signet Industries's dividend is below the markets top 25% of dividend payers in India (3.08%).
health
- Signet Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Signet Industries is profitable, therefore cash runway is not a concern.
- Signet Industries is profitable, therefore cash runway is not a concern.
- Debt is well covered by operating cash flow (31.8%, greater than 20% of total debt).
- Debt is covered by short term assets, assets are 2.2x debt.
- Signet Industries's cash and other short term assets cover its long term commitments.
- The level of debt compared to net worth has been reduced over the past 5 years (338.4% vs 153.6% today).
- Interest payments on debt are not well covered by earnings (EBIT is 1.7x annual interest expense, ideally 3x coverage).
- Signet Industries's level of debt (153.6%) compared to net worth is high (greater than 40%).
- High level of physical assets or inventory.
management
- Mukesh's compensation has been consistent with company performance over the past year, both up more than 20%.
- More shares have been bought than sold by Signet Industries individual insiders in the past 3 months.
- The average tenure for the Signet Industries board of directors is less than 3 years, this suggests a new board.
- Mukesh's remuneration is higher than average for companies of similar size in India.
misc
- Signet Industries is not covered by any analysts.
- Signet Industries has significant price volatility in the past 3 months.
past
- Signet Industries's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
- Signet Industries used its assets more efficiently than the IN Trade Distributors industry average last year based on Return on Assets.
- Signet Industries has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
- Signet Industries's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Signet Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Signet Industries's 1-year earnings growth is negative, it can't be compared to the IN Trade Distributors industry average.
value
- Signet Industries's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Signet Industries's share price is below the future cash flow value, and at a substantial discount (> 40%).
- Signet Industries is good value based on assets compared to the IN Trade Distributors industry average.
- Signet Industries is good value based on earnings compared to the IN Trade Distributors industry average.
- Signet Industries is good value based on earnings compared to the India market.
- BSE:512131 is up 26.2% outperforming the Trade Distributors industry which returned 6.8% over the past month.
- BSE:512131 is up 26.2% outperforming the market in India which returned 8% over the past month.
- 512131 underperformed the Trade Distributors industry which returned -5.6% over the past year.
- 512131 underperformed the Market in India which returned -14.5% over the past year.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800