Sicagen India Limited

BSE: SICAGEN533014ISIN INE176J01011

Services
Trading & Distributors

Share price

₹56.94+1.91 (+3.47%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹74.14
52W low: ₹42.13
Off 52W high: -23.20%
1M return: +7.47%
3M return: +10.52%
6M return: +5.11%
1Y return: -9.42%
20D avg volume: 1,838
50 DMA: ₹52.87
200 DMA: ₹53.42

Key ratios Consolidated

Market cap: ₹225.32 Cr
Current price: ₹56.94
52W high / low: ₹74.14 / ₹42.13
Face value: ₹10.00
P/E: 8.91
P/B: 0.43
EPS (TTM): ₹6.39
Book value / share: ₹133.21
ROE: —
ROCE: 7.40%
Operating margin: —
Net margin: —
Debt / equity: 0.29
Net debt: ₹118.14 Cr
Interest cover: 2.99
Dividend yield: 1.76%
Dividend / share (TTM): ₹1.00
Payout: 15.65%
Cash conversion cycle: 125.4 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	327.95	285.96	277.91	264.27	226.76	204.54	251.65	210.26	197.71	232.26	—
	1.74	2.03	3.11	3.00	1.75	1.92	2.27	3.26	2.72	2.03	—
	329.69	287.99	281.02	267.27	228.51	206.46	253.92	213.52	200.43	234.29	—
	318.10	278.70	274.64	260.05	222.78	200.23	247.49	208.01	194.58	227.90	—
	143.92	155.22	136.92	126.69	107.06	88.15	111.66	81.78	72.77	77.29	—
	113.53	107.47	111.66	106.22	104.19	99.04	107.34	99.13	100.79	131.27	—
	8.72	7.92	7.84	8.15	7.76	7.23	7.27	7.59	7.17	6.68	—
	2.66	2.76	4.29	2.68	2.71	3.04	3.07	2.50	2.83	2.62	—
	2.38	2.39	3.67	2.37	2.37	2.39	3.51	2.39	2.31	2.29	—
	13.73	12.38	12.06	9.11	11.77	9.59	8.27	6.88	4.11	7.91	—
	11.59	9.29	6.38	7.22	5.73	6.23	6.43	5.51	5.85	6.39	—
	0.00	0.00	0.00	-0.31	0.00	0.00	0.00	0.00	0.00	0.00	—
	11.59	9.29	6.38	6.91	5.73	6.23	6.43	5.51	5.85	6.39	—
	2.63	2.36	1.92	1.98	1.59	1.69	2.46	1.31	1.71	1.59	—
	8.96	6.93	4.46	4.93	4.14	4.54	3.97	4.20	4.14	4.80	—
	2.26	1.75	1.13	1.25	1.04	1.15	1.00	1.06	1.05	1.21	—
Key metrics
	16.63	14.44	14.34	11.96	10.81	11.66	13.01	10.40	10.99	11.30	—
	5.10%	5.00%	5.20%	4.50%	4.80%	5.70%	5.20%	4.90%	5.60%	4.90%	—
	2.70%	2.40%	1.60%	1.90%	1.80%	2.20%	1.60%	2.00%	2.10%	2.10%	—
	2.60%	—	2.10%	—	1.60%	—	1.90%	—	—	—	—
	44.60%	39.80%	10.40%	25.70%	14.70%	-11.90%	—	—	—	—	—
	116.40%	52.60%	12.30%	17.40%	0.00%	-5.40%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	1,156	973.48	891.88	—
	9.88	9.78	8.06	—
	1,166	983.26	899.94	—
	1,131	957.70	877.90	—
	562.75	458.82	343.50	—
	438.88	421.11	438.53	—
	32.63	30.98	28.71	—
	12.39	12.72	11.02	—
	10.81	10.80	10.50	—
	47.28	42.53	37.88	—
	34.48	25.56	22.04	—
	-0.31	-0.31	2.14	—
	34.17	25.25	24.18	—
	8.89	7.18	7.07	—
	25.28	18.07	17.11	—
	6.39	4.57	4.32	—
Key metrics
	57.37	48.77	45.70	—
	4.96%	5.00%	5.10%	—
	2.19%	1.90%	1.90%	—
	—	7.40%	7.00%	—
	29.43%	9.10%	—	—
	50.03%	5.60%	—	—
	—	37.81	2.78	—
	—	2.44	0.34	—
	—	0.29	0.27	—
	—	118.14	125.05	—
	—	125.4	129.0	—
Balance sheet
	—	739.53	721.69	—
	—	528.19	501.05	—
	—	24.97	6.76	—
	—	243.57	228.58	—
	—	148.20	129.48	—
	—	22.76	18.33	—
	—	137.00	133.05	—
	—	57.26	42.84	—
	—	224.70	219.56	—
	—	143.11	131.81	—
	—	143.11	131.81	—
	—	0.00	0.00	—
	—	495.01	483.99	—
Cash flow
	—	44.18	5.78	—
	—	-6.95	-14.49	—
	—	-19.02	10.32	—
	—	6.37	-3.00	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	154.61	132.93	139.69	134.33	124.68	121.57	136.22	123.07	127.32	152.55	—
	1.98	1.63	1.60	2.83	1.66	1.86	1.60	2.96	3.15	1.38	—
	156.59	134.56	141.29	137.16	126.34	123.43	137.82	126.03	130.47	153.93	—
	150.27	127.09	137.59	131.33	123.27	118.34	132.79	121.54	125.51	148.39	—
	12.25	12.11	10.40	10.73	9.99	8.54	8.50	8.54	8.68	8.23	—
	113.53	107.47	111.66	106.22	104.19	99.04	107.34	99.13	100.79	131.27	—
	5.05	4.71	4.63	4.76	4.87	4.48	4.72	4.59	4.66	4.32	—
	1.41	1.53	1.43	1.46	1.41	1.61	1.51	1.36	1.54	1.40	—
	1.26	1.24	1.29	1.29	1.33	1.38	1.33	1.34	1.35	1.35	—
	7.51	6.34	8.28	4.75	4.91	4.51	5.41	1.89	1.76	3.86	—
	6.32	7.47	3.70	5.83	3.07	5.09	5.03	4.49	4.96	5.54	—
	0.00	0.00	0.00	-0.31	0.00	0.00	0.00	—	—	—	—
	6.32	7.47	3.70	5.52	3.07	5.09	5.03	4.49	4.96	5.54	—
	1.51	1.99	0.55	1.59	0.91	1.42	1.33	1.22	1.53	1.41	—
	4.81	5.48	3.15	3.93	2.16	3.67	3.70	3.27	3.43	4.13	—
	1.22	1.38	0.80	0.99	0.55	0.93	0.94	0.83	0.87	1.04	—
Key metrics
	8.99	10.24	6.42	8.27	5.81	8.08	7.87	7.19	7.85	8.29	—
	5.80%	7.70%	4.60%	6.20%	4.70%	6.60%	5.80%	5.80%	6.20%	5.40%	—
	3.10%	4.10%	2.30%	2.90%	1.70%	3.00%	2.70%	2.70%	2.70%	2.70%	—
	1.70%	—	1.20%	—	1.00%	—	1.50%	—	—	—	—
	24.00%	9.30%	2.50%	9.10%	-2.10%	-20.30%	—	—	—	—	—
	122.70%	49.30%	-14.90%	20.20%	-37.00%	-11.10%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	561.56	520.27	539.16	—
	8.04	7.95	6.87	—
	569.60	528.22	546.03	—
	546.28	510.53	528.15	—
	45.49	39.66	33.95	—
	438.88	421.11	438.53	—
	19.15	18.74	18.29	—
	5.83	5.91	5.81	—
	5.08	5.29	5.37	—
	26.88	22.45	19.61	—
	23.32	17.69	17.88	—
	-0.31	-0.31	2.14	—
	23.01	17.38	20.02	—
	5.64	4.47	5.49	—
	17.37	12.91	14.53	—
	4.39	3.26	3.67	—
Key metrics
	33.92	28.58	31.20	—
	6.04%	5.50%	5.80%	—
	3.09%	2.50%	2.70%	—
	—	5.40%	5.80%	—
	11.08%	-3.50%	—	—
	35.70%	-11.10%	—	—
	—	12.67	6.04	—
	—	1.35	0.62	—
	—	0.13	0.13	—
	—	56.60	56.46	—
	—	100.8	98.1	—
Balance sheet
	—	521.94	531.05	—
	—	271.62	264.55	—
	—	0.09	0.35	—
	—	103.22	98.20	—
	—	63.25	60.66	—
	—	19.05	14.42	—
	—	37.96	36.10	—
	—	22.82	14.05	—
	—	94.45	85.27	—
	—	56.69	56.81	—
	—	56.69	56.81	—
	—	0.00	0.00	—
	—	420.91	439.48	—
Cash flow
	—	17.42	8.95	—
	—	-4.92	-12.59	—
	—	-12.76	3.75	—
	—	4.75	-2.91	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +11.08%
Profit YoY (TTM): +35.70%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +29.43%
Profit YoY (TTM): +50.03%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 61.14%

Quarter	September 2026	June 2026
Promoter %	61.14%	61.14%

Holder	Type	Holding	Previous	Change
RANFORD INVESTMENTS LTD.	Promoter Group	18.70%	18.70%	0.00%
DARNOLLY INVESTMENTS LTD.	Promoter Group	18.39%	18.39%	0.00%
AMI HOLDINGS PRIVATE LIMITED	Promoter Group	12.24%	12.24%	0.00%
TWINSHIELD CONSULTANTS PRIVATE Limited	Promoter Group	9.11%	9.11%	0.00%
MERCANTILE VENTURES LIMITED	Public	2.50%	2.50%	0.00%
ARES DIVERSIFIED	Public	2.42%	2.42%	0.00%
SANGEETHA S	Public	2.38%	2.38%	0.00%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS	Public	2.01%	2.01%	0.00%
SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION LIMITED	Promoter Group	1.46%	1.46%	0.00%
MAHENDRA GIRDHARILAL WADHWANI	Public	1.26%	1.26%	0.00%
SOUTH INDIA TRAVELS PVT. LTD.	Promoter Group	1.00%	1.00%	0.00%
ASHWIN C MUTHIAH	Promoter	0.11%	0.11%	0.00%
THE EXPRESS CARRIERS LIMITED	Promoter Group	0.11%	0.11%	0.00%
VALLI ASHWIN MUTHIAH	Promoter	0.02%	0.02%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Redington Limited	28,660	366.60	18.17	19.00%	+31.26% TTM	-17.17% TTM	+46.46%
MMTC Ltd.	8,025	53.50	17.94	21.60%	-19.71% TTM	+355.55% TTM	-20.53%
MSTC Limited	4,106	583.25	17.52	31.80%	+21.02% TTM	-44.88% TTM	+6.22%
CREATIVE NEWTECH LIMITED	2,094	1,394.20	25.97	26.40%	—	—	—
Pervasive Commodities Limited S	1,137	12.62	74.24	0.00%	+111.30% TTM	+197.12% TTM	—
BN AGROCHEM LIMITED	1,117	114.20	65.40	4.20%	+84.51% TTM	-60.97% TTM	-68.29%
RRP DEFENSE LIMITED S	802	584.75	-330.37	-8.00%	+39.37% TTM	-364.13% TTM	-35.71%
The Yamuna Syndicate Ltd	750	24,400.00	8.22	0.30%	+11.33% TTM	-16.43% TTM	-32.22%
Shiv Aum Steels Limited	741	545.00	—	—	—	—	—
Riddhi Siddhi Gluco Biols Ltd	636	670.90	-27.71	2.80%	-37.98% TTM	+38.40% TTM	+20.31%
State Trading Corporation of India	624	104.00	—	-16.70%	—	—	-21.92%
Arvaya Healthcare Limited S	569	118.45	-311.71	-2.10%	-47.37% TTM	-2,742.86% TTM	+148.22%
Oswal Agro Mills Ltd.	548	40.86	-15.96	1.50%	-99.98% TTM	-127.15% TTM	-46.29%
SMT ENGINEERING LIMITED	459	254.15	18.72	24.80%	+248.17% TTM	+377.43% TTM	+169.03%
Filtron Engineers Ltd. S	451	71.04	1,420.80	0.30%	-100.00% TTM	+363.64% TTM	+67.00%
Kothari Products Ltd.	364	61.00	18.72	1.60%	+7.57% TTM	+124.93% TTM	-32.00%
Balgopal Commercial limited	337	145.00	-62.76	-12.50%	-96.08% TTM	-231.62% TTM	-35.47%
PIPAN OILS LIMITED S	323	184.25	-118.11	-191.70%	—	-1,342.11% TTM	+35.19%
VEGA JEWELLERS LIMITED S	315	61.95	10.45	31.50%	+465.43% TTM	+873.55% TTM	+60.24%
Novalum Materials Limited S	307	46.74	274.94	7.70%	+290.48% TTM	+239.39% TTM	+36.63%
Sakuma Exports Ltd.	285	1.82	26.72	1.80%	-13.44% TTM	-0.93% TTM	-34.53%
Parshva Enterprises Limited	254	249.05	950.47	3.60%	+0.24% TTM	+8.33% TTM	+32.09%
Polo Queen Industrial and Fintech Limited	253	7.54	110.89	2.50%	-2.02% TTM	-15.56% TTM	-79.87%
Sicagen India Limited	225	56.94	8.91	7.40%	+29.43% TTM	+50.03% TTM	-9.42%
Chandrima Mercantiles limited S	218	6.55	-163.75	4.30%	-69.52% TTM	-134.73% TTM	-34.63%

Filings & corporate actions

Recent announcements

Un-audited Financial (Standalone & Consolidated) Results of the Company for the Quarter & Half Year ended 30th September, 2026.2 Nov 2026 · Result / Financial Results
Outcome of the Board Meeting dated 02nd November, 2026.2 Nov 2026 · Board Meeting / Outcome of Board Meeting
Sicagen India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve Un-audited Financial (both Standalone ....28 Oct 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 for the quarter ended 30th September, 2026.7 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Trading Window Closure for the Quarter & Half year ended 30th September, 2026.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Scrutinizer''s Report for the 22nd AGM - 202618 Sep 2026 · AGM/EGM / AGM
Proceedings of the 22nd Annual General Meeting of the Company17 Sep 2026 · AGM/EGM / AGM
Letters dispatch to shareholders under Regulation 36(1)(b) of SEBI (LODR) Regulations, 2015 is attached herewith.27 Aug 2026 · Company Update / General
Notice of 22nd Annual General Meeting along with the e-voting instructions and book closure details published in Newspapers i.e. Business Standard (English) & Makkal Kural (Tamil). Copies ....27 Aug 2026 · Company Update / Newspaper Publication
Please find enclosed a copy of letters sent to physical shareholders intimating to update their PAN/KYC/Nomination details with RTA of the Company.26 Aug 2026 · Company Update / General
Notice of 22nd Annual General Meeting of the Company which is scheduled to be held on Thursday, 17th September, 2026 at 03:30 p.m. (IST) through VC/OAVM.25 Aug 2026 · AGM/EGM / AGM
22nd Annual Report of the Company for the FY 2025-2625 Aug 2026 · Others / Reg. 34 (1) Annual Report
Notice to shareholders through Newspaper - requesting to register their e-mail id''s.20 Aug 2026 · Company Update / Newspaper Publication
22nd Annual General Meeting of the Company will be held on Thursday, 17th September, 2026. The register of members will be closed from 11th September, 2026 to 17th September, 2026 (both ....10 Aug 2026 · Company Update / General
Unaudited Financial Results (both Standalone & Consolidated) of the Company for the quarter ended 30th June, 2026 together with the Limited Review Reports of the Auditors thereon.10 Aug 2026 · Result / Financial Results
The Board of Directors of the Company in their meeting held on 10.08.2026 i.e. today has inter-alia considered and approved the Unaudited Financial Results (both Standalone & Consolidated) ....10 Aug 2026 · Board Meeting / Outcome of Board Meeting
Sicagen India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve the Un-audited Financial Results ....3 Aug 2026 · Board Meeting / Board Meeting
Scrutinizer''s Report for the Postal Ballot Notice dated 13.05.202610 Jul 2026 · AGM/EGM / Postal Ballot
Outcome of Postal Ballot Notice dated 13.05.202610 Jul 2026 · AGM/EGM / Postal Ballot
Certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 for the quarter ended 30th June, 2026.10 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Trading Window closure for the quarter ended 30th June, 2026.26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Twinshield Consultants Pvt Ltd22 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for South India Travels Pvt Ltd22 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Enclosed Notice of Postal Ballot along with e-voting instructions published today in newspapers i.e. Business Standard (English) & Makkal Kural (Tamil).8 Jun 2026 · Company Update / Newspaper Publication
Notice of Postal Ballot dated 13th May, 2026.6 Jun 2026 · AGM/EGM / Postal Ballot
Enclosed Notice to Shareholders through Newspaper advertisement dated 30.05.2026 & reminder letters regarding transfer of unclaimed dividend and relevant equity shares to IEPF.30 May 2026 · Company Update / Newspaper Publication
Annual Secretarial Compliance Report for the year ended 31st March, 2026.27 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Intimation about resignation of Mr. Nandakumar Varma (DIN : 09776904) from the Whole-Time Directorship of the Company at the closure of Business Hours on 13.05.2026.13 May 2026 · Company Update / Resignation of Director
Announcement regarding Change in Senior Management Personnel under Reg 30 of SEBI (LODR) Regulations, 2015.13 May 2026 · Company Update / Change in Management
Announcement regarding Change in Directorate under Reg 30 of SEBI(LODR) Regulations, 2015.13 May 2026 · Company Update / Change in Directorate
The Board of Directors in their meeting held on 13.05.2026 has recommended the equity dividend @ 10% (Re. 1.00 per share) on the equity capital of the Company for the FY 2025-26.13 May 2026 · Company Update / General
Audited Financial Results (both Standalone & Consolidated) of the Company for the Quarter & year ended on 31.03.2026 together with the Auditors Report thereon.13 May 2026 · Result / Financial Results
The Board of Directors of the Company in their meeting held on 13.05.2026 i.e. today, has inter-alia considered and approved the Audited Financial Results (both Standalone & Consolidated) ....13 May 2026 · Board Meeting / Outcome of Board Meeting
Sicagen India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/05/2026 ,inter alia, to consider and approve the Audited Financial Results ....7 May 2026 · Board Meeting / Board Meeting
Intimation of Credit Rating re-affirmation1 May 2026 · Company Update / Credit Rating
Newspaper advertisement dated 28.04.2026 - Notice to Shareholders for re-launching the second 100 days ''Saksham Niveshak'' campaign initiated by IEPF.29 Apr 2026 · Company Update / Newspaper Publication
Certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 for the quarter ended 31st March, 2026.16 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Trading Window closure for the quarter & year ended 31st March, 2026.27 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation about Change in Senior Management Personnel.25 Mar 2026 · Company Update / Change in Management
Un-audited Financial Results (both Standalone & Consolidated) of the Company for the quarter & nine months ended 31.12.2025.30 Jan 2026 · Result / Financial Results

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.0000	10 Sep 2026	10 Sep 2026	—
Final Dividend - Rs. - 1.0000	23 Sep 2025	23 Sep 2025	—
Final Dividend - Rs. - 0.6000	12 Sep 2024	—	—

Board meetings

2 Nov 2026 Board Meeting - Financial Results
10 Aug 2026 Board Meeting - Financial Results