Sikko Industries

Why is Sikko Industries Ltd falling/rising?

As of 10-Jun, Sikko Industries Ltd's stock is declining, down -0.5%, and has significantly underperformed the Sensex over various periods, including a -15.74% drop in the past month. Despite a strong annual return, recent financial metrics indicate challenges, including falling profits and poor long-term growth.

As of 10-Jun, Sikko Industries Ltd's stock price is currently falling, with a change of -0.02 (-0.5%). This decline is reflected in its performance over various periods, where the stock has underperformed the benchmark Sensex, particularly in the last week with a decrease of -2.70% compared to the Sensex's -0.81%. Over the past month, the stock has seen a significant drop of -15.74%, while the Sensex has only decreased by -3.98%. Year-to-date, the stock is down -23.99%, contrasting sharply with the Sensex's -11.15%.<BR><BR>Despite a remarkable annual return of +943.75%, the stock's recent performance indicates challenges, including poor long-term growth metrics. The company's net sales have only grown at an annual rate of 6.24%, and its operating profit has increased by 18.10% over the last five years. Additionally, the profit before tax (PBT) and profit after tax (PAT) for the most recent quarter have fallen significantly, with PBT at Rs -4.03 crore, down -158.33%, and PAT at Rs -2.01 crore, down -128.4%. <BR><BR>While the company has a strong ability to service its debt, as indicated by a low Debt to EBITDA ratio of 1.85 times, and is trading at a discount compared to its peers, the overall sentiment appears to be negative due to these declining financial metrics and the stock's underperformance relative to the market.

What does Sikko Industries do?

Sikko Industries Ltd is a micro-cap company in the fertilizers industry, originally incorporated in 2000, with recent net sales of 11 Cr and a net profit of -2 Cr as of March 2026. The company has a market cap of INR 175 Cr and key financial metrics include a P/E of 34.00 and a debt-equity ratio of 0.13.

Overview:<BR>Sikko Industries Ltd operates in the fertilizers industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Sikko Industries Limited was originally incorporated in Gujarat as "Sikko Sprayers Private Limited" on February 8, 2000. The company converted to a public limited company and changed its name to "Sikko Sprayers Limited" on March 16, 2010. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 11 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: -2 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 175 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 34.00 <BR>Industry P/E: 22 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.13 <BR>Return on Equity: 5.91% <BR>Price to Book: 2.01 <BR><BR>Contact Details:<BR>Address: 508 Iscon Elegance NrJain Temp, NrPrahladnagar pickup Vejalpur Ahmedabad Gujarat : 380051 <BR>Tel: 91-79-66168950 <BR>Email: compliance@sikkoindia.com <BR>Website: http://www.sikkoindia.com

Which are the latest news on Sikko Industries?

How big is Sikko Industries?

As of 10th June, Sikko Industries Ltd has a market capitalization of 175.00 Cr, with recent net sales of 65.01 Cr and a net profit of 5.10 Cr. Shareholder's funds are 81.39 Cr, and total assets amount to 108.13 Cr.

As of 10th June, Sikko Industries Ltd has a market capitalization of 175.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Sikko Industries reported Net Sales of 65.01 Cr and a Net Profit of 5.10 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 81.39 Cr and Total Assets of 108.13 Cr.

Who are in the management team of Sikko Industries?

The management team of Sikko Industries includes Jayantibhai Kumbhani (Managing Director), Alpa Jayantibhai Kumbhani (Executive Director), Ghanshyambhai Kumbhani (Chairman & Wholetime Director), and three Independent Non-Executive Directors: Mamtaben Thumbar, Hasmukh Vavaiya, and Ashvinkumar Trapasiya. They are responsible for the company's strategic direction and operations.

The management team of Sikko Industries includes the following key individuals:<BR><BR>1. **Jayantibhai Kumbhani** - Managing Director<BR>2. **Alpa Jayantibhai Kumbhani** - Executive Director<BR>3. **Ghanshyambhai Kumbhani** - Chairman & Wholetime Director<BR>4. **Mamtaben Thumbar** - Independent Non-Executive Director<BR>5. **Hasmukh Vavaiya** - Independent Non-Executive Director<BR>6. **Ashvinkumar Trapasiya** - Independent Non-Executive Director<BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

Should I buy, sell or hold Sikko Industries Ltd?

Are Sikko Industries Ltd latest results good or bad?

Sikko Industries Ltd's latest results show strong year-on-year growth with a 60% increase in net profit and 43% rise in revenue, but quarter-on-quarter performance is concerning with declines of 27% in net profit and 12.92% in revenue, alongside reduced operating margins and rising costs, indicating operational challenges and a cautious outlook for investors.

Sikko Industries Ltd's latest results present a mixed picture. On one hand, the company achieved significant year-on-year growth, with net profit increasing by 60% and revenue rising by nearly 43% compared to the same quarter last year. This indicates strong demand and operational momentum in the fertiliser segment.<BR><BR>However, the quarter-on-quarter performance reveals concerning trends. Both net profit and revenue declined by 27% and 12.92%, respectively, compared to the previous quarter. Additionally, the operating margin has compressed from 20.21% to 16.33%, suggesting challenges in maintaining operational efficiency, possibly due to rising input costs or competitive pressures.<BR><BR>The return on equity (ROE) stands at a modest 6.32%, significantly below the average for quality businesses, indicating that the company is not generating adequate returns on shareholder capital. Furthermore, the increase in interest costs and negative operating cash flow raise concerns about financial health.<BR><BR>In summary, while Sikko Industries has demonstrated impressive year-on-year growth, the recent quarter's results highlight operational challenges and declining profitability, leading to a cautious outlook. Investors should closely monitor future performance to assess the sustainability of this growth.

What is the bonus history of Sikko Industries?

Sikko Industries has a strong bonus history, with the most recent 1:1 bonus announced on December 8, 2025, following a 1:2 bonus on October 28, 2022, and another 1:1 bonus on March 18, 2021, reflecting the company's commitment to rewarding shareholders.

Sikko Industries has a notable bonus history. The most recent bonus issue was a 1:1 bonus announced with an ex-date of December 8, 2025. Prior to that, on October 28, 2022, the company issued a bonus in a 1:2 ratio. Additionally, on March 18, 2021, Sikko Industries provided a 1:1 bonus. This pattern indicates a commitment to rewarding shareholders through bonus shares over the years.

How has been the historical performance of Sikko Industries?

Sikko Industries reported a net profit of 4.27 crore for the year ending March 2025, with total operating income of 61.75 crore and an operating profit margin of 10.28%. The company showed significant growth in shareholder funds and total current assets, despite negative cash flow from operating activities.

Answer:<BR>The historical performance of Sikko Industries shows a consolidated net profit of 4.27 crore for the year ending March 2025, with earnings per share (EPS) at 1.96 and a diluted EPS of 2.41. The company reported total operating income of 61.75 crore, with total expenditure (excluding depreciation) amounting to 55.40 crore, resulting in an operating profit (PBDIT) of 7.10 crore. The profit before tax stood at 6.04 crore, leading to a profit after tax of 4.27 crore. The operating profit margin, excluding other income, was 10.28%, while the profit after tax margin was 6.91%. <BR><BR>In terms of balance sheet results, Sikko Industries had total liabilities of 108.13 crore and total assets of the same amount, indicating a balanced position. Shareholder's funds increased significantly to 81.39 crore from 27.87 crore in the previous year, driven by an increase in share capital and reserves. The company’s total current assets rose to 87.15 crore, up from 46.38 crore, with significant increases in inventories and sundry debtors. However, cash flow from operating activities was negative at -31.00 crore, primarily due to changes in working capital, while cash flow from financing activities was positive at 47.00 crore. Overall, Sikko Industries demonstrated growth in revenue and profitability, alongside a substantial increase in assets and shareholder equity.

Is Sikko Industries overvalued or undervalued?

As of November 10, 2025, Sikko Industries is considered overvalued with a PE ratio of 50.79, significantly higher than its peers, despite a strong stock performance of 13.97% over the past year.

As of 10 November 2025, Sikko Industries' valuation grade has moved from very expensive to expensive, indicating a slight improvement in its perceived value. The company is currently considered overvalued. Key ratios include a PE ratio of 50.79, an EV to EBITDA of 34.10, and a Price to Book Value of 2.93, all of which suggest that the stock is trading at a premium compared to its earnings and assets.<BR><BR>When compared to peers, Sikko Industries stands out with a significantly higher PE ratio than Coromandel International at 29.96 and Chambal Fertilizers at 10.09, both of which are categorized as attractive. This stark contrast highlights Sikko's overvaluation. Additionally, while Sikko has shown strong stock performance over the past year with a return of 13.97% compared to the Sensex's 5.91%, the overall valuation metrics suggest that investors should exercise caution.

Who are the top shareholders of the Sikko Industries?

The top shareholders of Sikko Industries include Jayantibhai Mohanbhai Kumbhani with 25.52%, individual investors with 33.56%, and Vicky R Jhaveri as the highest public shareholder at 5.84%. There are no pledged promoter holdings or mutual funds invested in the company.

The top shareholders of Sikko Industries include the promoters, with Jayantibhai Mohanbhai Kumbhani being the largest individual shareholder, holding 25.52%. Additionally, individual investors collectively hold 33.56% of the shares. Among institutional investors, four Foreign Institutional Investors (FIIs) hold a total of 4.77%. The highest public shareholder is Vicky R Jhaveri, who holds 5.84%. Notably, there are no pledged promoter holdings and no mutual funds currently invested in the company.

Who are the peers of the Sikko Industries?

Sikko Industries' peers include Aries Agro, Nagarjuna Fert., Balaji Phos., and others, with varying management risks and growth rates. Aries Agro leads in 1-year returns at 34.30%, while Sikko Industries has a return of -19.96%.

Peers: The peers of Sikko Industries are Aries Agro, Nagarjuna Fert., Balaji Phos., Dollex Agrotech, Agro Phos India, Basant Agro Tech, Bharat Agri Fert, Bluegod Enterta., Teesta Agro Ind., and Phosphate Co.<BR><BR>Quality Snapshot: Excellent management risk is observed at Teesta Agro Ind., while Average management risk is found at Sikko Industries, Aries Agro, and Basant Agro Tech, and the rest. Good management risk is noted at Balaji Phos., while Below Average management risk is present at Nagarjuna Fert., Dollex Agrotech, Agro Phos India, Bharat Agri Fert, and Phosphate Co. Growth is Excellent at none, while Average growth is seen at Agro Phos India, Average growth is found at Sikko Industries, and the rest show Below Average growth. Capital Structure is Excellent at Teesta Agro Ind., Good at Sikko Industries and Aries Agro, while Below Average is noted at Nagarjuna Fert., Balaji Phos., Dollex Agrotech, Agro Phos India, Basant Agro Tech, Bharat Agri Fert, and Phosphate Co.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Aries Agro at 34.30%, while Nagarjuna Fert. has the lowest at -47.61%. Sikko Industries' 1-year return of -19.96% is better than Nagarjuna Fert.'s but worse than Aries Agro's. Additionally, Nagarjuna Fert., Agro Phos India, and Bharat Agri Fert have negative six-month returns.

What is the technical trend for Sikko Industries?

As of June 5, 2025, Sikko Industries is in a bearish trend with moderate strength, supported by daily moving averages and Bollinger Bands, despite mixed signals from the MACD and other indicators.

As of 5 June 2025, the technical trend for Sikko Industries has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this assessment include the daily moving averages indicating a bearish trend, and both the weekly and monthly Bollinger Bands also signaling bearish conditions. The MACD shows a mildly bullish signal on the weekly chart but is mildly bearish on the monthly, indicating mixed signals across time frames. The KST and OBV are both mildly bearish on the weekly, further supporting the bearish outlook. Overall, the combination of these indicators suggests a prevailing bearish sentiment in the market for Sikko Industries.

When is the next results date for Sikko Industries?

No Upcoming Board Meetings

Has Sikko Industries declared dividend?

Sikko Industries Ltd has declared a 1% dividend, amounting to 0.1 per share, with an ex-date of December 28, 2022. Despite this, the dividend yield is 0%, and total returns have varied significantly over different periods, showing strong growth over the long term.

Sikko Industries Ltd has declared a 1% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 1%<BR>- Amount per share: 0.1<BR>- Ex-date: 28 Dec 2022<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -23.67%, the dividend return was 0%, resulting in a total return of -23.67%.<BR><BR>For the 1-year period, the price return was -11.68%, the dividend return was 0%, leading to a total return of -11.68%.<BR><BR>Over the 2-year period, the price return was 20.74%, the dividend return was 0%, which resulted in a total return of 20.74%.<BR><BR>In the 3-year period, the price return was 153.0%, the dividend return was 0.28%, culminating in a total return of 153.28%.<BR><BR>For the 4-year period, the price return was 381.76%, the dividend return was 0.58%, resulting in a total return of 382.34%.<BR><BR>In the 5-year period, the price return was 965.63%, the dividend return was 1.40%, leading to a total return of 967.03%.<BR><BR>Overall, Sikko Industries has declared a dividend, but the dividend yield remains at 0%. The total returns show significant growth over longer periods, particularly in the 5-year span, indicating a strong performance despite the lack of substantial dividends in recent years.