Arthneeti

Singer India Q2 FY27 Share Price & Earnings Call Analysis

₹92.63+1.98% today
Market cap
₹576 Cr
P/E
30.88
ROE
7.92%
PEG
0.45
Price to sales
0.95
Debt to equity
0.03
52W high / low
₹96.4 / ₹55.2
Sales growth (5Y)
6.10%
EBITDA margin
3.70%
Net profit margin
2.40%
Promoter holding
30.49%
Sales (last year)
₹610 Cr

Incorporated in 1977, Singer India Ltd is in the business of trading /manufacturing of sewing machines, related accessories and also in trading of domestic appliances[1]

Guidance scorecard · Q2 FY27 call

What Singer India's management guided
and where it ranks in Consumer Durables

#38of 83 in
Consumer Durables
Revenue20–40%MarginsFlatCapexPlannedFundraisingNone plannedOrder bookRising

RevenueQ1 FY27 call

20–40%
  • Singer expects strong growth momentum to continue, especially in the Sewing Machine business, which saw a 74% growth in Q1.
  • Zigzag Machines and E-commerce channels are key growth drivers with clear market share gains.
  • The new factory in Bhiwadi, focusing on Zigzag and Industrial Sewing Machines, will ramp up production, initially targeting 10,000+ Zigzag machines per month.
  • Industrial Sewing Machine segment is anticipated to see high growth due to garment industry expansion, despite current price pressures.
  • Appliances business is showing revenue growth (~15% in Q1) with potential for EBIT breakeven next year, aided by new product launches and expanding fan business.
  • Singer is prioritizing domestic market expansion over exports for the near term.

2 more points from Singer India's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what Singer India said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • Singer India is setting up a new factory in Bhiwadi, Rajasthan, with pilot production planned from the second half of the year.
  • The factory will primarily manufacture Zigzag machines and will also be capable of assembling and manufacturing Industrial Sewing Machines and select consumer appliances over time.
  • The initial production capacity at Bhiwadi is targeted at 10,000+ units per month for Zigzag machines.

2 more points from Singer India's call on capex

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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

None planned

See what Singer India said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Rising
  • By the end of Q1 FY27, Singer aims to complete the entire pending order from the Rs. 202 crores Kendriya Bhandar contract.
  • The existing contract has an automatic volume expansion clause of 25%, potentially increasing the contract value by an additional Rs. 50 crores.
  • There is the possibility that this 25% volume increase could be included in upcoming tenders, though this remains uncertain.
  • Singer is actively pursuing government and tender business opportunities, maintaining ongoing discussions but without confirmed timelines.
Full Q1 FY27 analysis
Full Consumer Durables ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Consumer Durables
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Singer India rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Singer India latest results (Sep 2026)

Revenue

₹185 Cr

+34.3% YoY

Net profit

₹7 Cr

+81% YoY

Operating margin

5.43%

EPS

₹1.12

What management said on the call →

Singer India shareholding (Sep 2026)

Promoters

30.49%

unchanged QoQ

FIIs

0.04%

+0.04 pp QoQ

DIIs

0.02%

unchanged QoQ

Public

68.71%

−0.03 pp QoQ

Full shareholding pattern →Dividend history →

Peers

Consumer Durables companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹167 Cr15.2
240%+Up 0–2%₹2,079 Cr18.1
340%+Flat₹1,979 Cr28.8
440%+Flat₹1,973 Cr20.8
540%+Flat₹567 Cr17.9
640%+Flat₹185 Cr16.1

Sign up free to see every company in the sector ranking and track Singer India.

Pro shows every company guiding 40%+ revenue growth →Full Consumer Durables ranking

Financials of Singer India

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Singer India

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +31.00%31.00%31.00%31.00%30.76%30.76%30.76%30.76%30.76%30.49%30.49%30.49%
FIIs +0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.04%
DIIs +3.56%3.17%2.58%0.00%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%
Government +0.77%0.77%0.77%0.77%0.76%0.76%0.76%0.76%0.76%0.76%0.76%0.76%
Public +64.68%65.08%65.67%68.23%68.45%68.45%68.45%68.46%68.46%68.74%68.74%68.71%
No. of Shareholders25,74526,06825,79925,92725,64625,34924,80123,68023,32022,57022,46222,203

Financials of Singer India

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +104.86102.47113.4898.69105.76105.55121.6792.10137.90161.01166.32144.55185.20
YoY Sales growth-8.65%-15.56%-1.00%-5.65%+0.86%+3.01%+7.22%-6.68%+30.39%+52.54%+36.70%+56.95%+34.30%
Expenses +104.99102.04111.3398.72105.05104.74117.5395.84133.64153.25159.40140.95175.14
Operating Profit-0.130.432.15-0.030.710.814.14-3.744.267.766.923.6010.06
OPM %-0.12%0.42%1.89%-0.03%0.67%0.77%3.40%-4.06%3.09%4.82%4.16%2.49%5.43%
Other Income +2.551.361.891.471.611.792.131.341.630.912.411.920.86
Interest0.100.090.080.060.100.080.070.060.060.170.170.160.15
Depreciation0.690.690.680.630.550.540.570.780.611.191.121.321.41
Profit before tax1.631.013.280.751.671.985.63-3.245.227.318.044.049.36
Tax %25.77%20.79%28.96%25.33%23.95%23.74%28.06%-27.16%26.63%26.27%26.62%25.74%25.85%
Net Profit +1.210.802.330.561.271.514.05-2.363.835.395.903.006.94
EPS in Rs0.200.130.380.090.210.240.66-0.380.620.870.950.481.12

Financials of Singer India

Profit & Loss

Annual income statement trend

Jun 2015Mar 2016 9mMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +281236369422483451415453460425432557657
Sales growth+17%-1%+56%+14%+15%-7%-8%+9%+2%-8%+1%+29%+44%
Expenses +272228358408467436396443458424426542629
Operating Profit981114161519102261528
OPM %3.1%3.4%3.0%3.2%3.2%3.4%4.5%2.3%0.5%0.4%1.4%2.8%4.3%
Other Income +22212433128766
Interest0001232111011
Depreciation1111143223245
Profit before tax109111315121610116101729
Tax %33%33%32%29%37%35%34%21%24%27%26%26%
Net Profit +6689981188471321
EPS in Rs1.191.111.421.671.721.511.981.431.360.741.202.053.42
Dividend Payout %42%45%49%45%46%0%51%70%0%0%0%20%

Financials of Singer India

Balance Sheet

Capital structure and asset base

Jun 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital11111111111111111212121212
Reserves3537424648546166124132147166174
Borrowings +0031422202322156
Other Liabilities +50566276888497948510382108111
Total Liabilities95104118147169168171174223249243292303
Fixed Assets +12121212121211898122929
CWIP0000000000012
Investments0000222222222
Other Assets +8491106135155154158164212239228259269
Total Assets95104118147169168171174223249243292303

Financials of Singer India

Cash Flows

Operating, investing and financing cash movement

Jun 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +44-7-50172914-11-2537
Cash from Investing Activity +-4-15-1-2-2-47-47196-8
Cash from Financing Activity +-2-3-3-5-9-6-6-449-213
Net Cash Flow-3-0-5-11-1091816219-1832
Free Cash Flow23-8-6-016301382-3120
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit63%74%-37%-16%24%130%175%161%93%177%-385%270%

Financials of Singer India

Ratios

Working capital efficiency and return ratios

Jun 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days333634425046424031303825
Inventory Days48787074738094778211812796
Days Payable517358697074876762866162
Cash Conversion Cycle3041454753534950526210359
Working Capital Days142228302933393435437038
ROCE %23%20%23%22%21%18%23%14%4%4%7%11%

Guidance history

How Singer India's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →20–40%FlatPlannedNone plannedRising
Q3 FY26 call →10–20%FlatPlannedNone plannedRising
Q2 FY26 call →20–40%FlatPlannedPlanned—

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

35out of 100

Momentum score · price trend

35 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,937 stocks
Last 12 months+5.5%59%
Last 6 months+17.9%69%
Last 3 months+36.3%95%

The price is 29.9% below its all-time high of ₹128.15 (20 Oct 2023). Stocks more than 20% below their peak have their score halved, so 70 became 35.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,937 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Singer India: 0.4 × 59 + 0.4 × 69 + 0.2 × 95 = 70, halved to 35 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 16 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Singer India: frequently asked questions

What is Singer India share price today?

Singer India last traded at ₹92.63, with a market capitalisation of ₹576 Cr and a P/E ratio of 30.9.

What were Singer India's latest quarterly results?

For the quarter ended Sep 2026, Singer India reported revenue of ₹185 Cr (+34.3% year on year) and net profit of ₹7 Cr, with an operating margin of 5.43%.

Is Singer India's profit growing?

Net profit was ₹7 Cr in Sep 2026 against ₹4 Cr in Sep 2025, a change of +81%.

What is Singer India's EPS?

Singer India's earnings per share for the quarter ended Sep 2026 was ₹1.12.

What is the promoter holding in Singer India?

Promoters held 30.49% of Singer India in Sep 2026 (unchanged versus Jun 2026).

How much do FIIs and DIIs hold in Singer India?

In Sep 2026, foreign institutional investors held 0.04% and domestic institutions (including mutual funds) held 0.02% of Singer India.

What is Singer India's ROE and ROCE?

Singer India's return on equity is 7.92% and its return on capital employed is 10.9%.

Does Singer India pay a dividend?

Yes. Singer India's dividend yield is 0.43% at the current price. The full payout history is on the Singer India dividends page.

Which sector does Singer India belong to?

Singer India is in the Consumer Durables sector. Its peer comparison and sector ranking are on this page.

What did Singer India's management say on the latest earnings call?

Arthneeti's analysis of the Q2 FY27 earnings call covers revenue, margins, capex and fundraising guidance from Singer India's management.

How does Arthneeti AI analyse Singer India?

Arthneeti reads Singer India's earnings call transcripts and filings and scores revenue growth, margins, capex and fundraising, then ranks the company against its sector.

Continue your research

What Singer India's management said in earlier quarters

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