Sigachi Industries ltd. was one of the first companies to be listed on the stock exchanges’ securities exchange several years ago. Although the company hasn’t generated any interest in its stock, its performance has earned it a strong reputation, which has led to an increase in share prices. This is because the company has focused on the areas of pharmaceutical manufacturing and retailing that it is most familiar with, such as medicine production. Around three years back this organization was being recorded on the stock trades and has now recorded an increase of around 252.7 percent when contrasted with its introduction cost.
Sigachi Share Price Target 2024-2030
Not many years back the Sigachi Industries ltd got recorded on the stock trades being a newly recorded organization its portions don’t have a deeply grounded request anyway the offer costs are being expanded because of the standing worked by the organization by its exhibition in the center field that is the assembling and retailing of medications connected with the Pharma area. SIL (Sigachi Industries Ltd.) is one of the largest manufacturers of microcrystalline cellulose in the world.
Sigachi Share Price Target Today Update
- The ongoing business sector Price at which the portions of the organization are being exchanged is 58.05INR; this is a brief worth, it is fluctuating and can be impacted anytime of time.
- An ongoing decrease is being found in the Share Price by 2.29 percent when contrasted with its past shutting costs on the stock trades.
- The share prices of Sigachi Industries ltd. range from 57.10INR to 59.82INR according to the current market price of shares.
- The Offer Costs had expanded by 14.49 percent when contrasted with the organization’s exhibition in the earlier year.
- A decrease over the most recent five days is being found in the offer costs by 1.67 percent.
Also Check:-
Sigachi Business Profile
Sigachi Industries Limited offers 59 unique grades of MCC which have a molecule size from 15 microns up to 250 microns today. The company, The Co., sells its cellulose-based products under the names HiCel, AceCel, CoatCel, GloCel, and BARETab. Other brands include GloCel and GloCel.
Diverse End-use Application
MCC’s applications are different in the drug, food, nutraceuticals, and restorative industries because of its non-receptive, free-streaming, and adaptable nature. The key clients incorporate Himalaya, Herballife Sustenance, Cipla, Lupin, wockhardt, Ipca and so on.
Capacity Expansion
Increment the limit of Dahej and Jhagadia by 3,600 MTPA and 3,600 MTPA individually. Moreover, it means to set up another plant in Kurnool, hence bringing the complete limit of the organization to 21,150 MTPA. For FY24, the expected capex is Rs.50 crs.
Global Presence
Organization supplies in north of 50 nations overall including Australia USA South America UK Poland Italy Denmark China Colombia Bangladesh. In the year 2023, IUSA will contribute 20%, Australia will contribute 15%, Sweden will contribute 12%, and Egypt will contribute 9%.
Contract Manufacturing
Co. and Gujarat Alkalies and Chemicals Limited (GACL) have signed an agreement to contract manufacture sodium chlorate, stable bleaching powder, and poly aluminum chloride as well as operate and manage GACL’s manufacturing units.
R & D
They put a ton into R & D to build their scope of items as well as simplify it for them to create item. The organization has two R and D divisions and another two labs running.The Dahej R & D division lab is completely authorized by DSIR to do any exploration related activities.
New Product & Subsidiaries
The organization is anticipating delivering Croscarmellose Sodium (CCS) in FY24. It will be utilized in pharma industry to a bigger degree. Toward the finish of FY23, the organization Sigachi MENA FZCO will be one of its two auxiliaries notwithstanding Sigachi US Inc.
Sigachi Fundamentals & Quarterly Results
Terms | Value |
Market Cap | ₹ 1,988 Cr. |
Current Price | ₹ 60.4 |
High / Low | ₹ 95.9 / 24.0 |
Stock P/E | 34.8 |
Book Value | ₹ 13.1 |
Dividend Yield | 0.16 % |
ROCE | 17.2 % |
ROE | 16.4 % |
Face Value | ₹ 1.00 |
Debt to Equity | 0.29 |
Debt Capacity | 0.00 |
Debt Preceding Year | ₹ 68.5 Cr. |
Debt | ₹ 123 Cr. |
Reserves | ₹ 397 Cr. |
EPS | ₹ 1.74 |
EPS Last Year | ₹ 1.74 |
Pledged Percentage | 21.7 % |
FCF Previous Year | ₹ -71.7 Cr. |
EV/EBITDA | 23.2 |
Industry P/E | 29.3 |
PEG Ratio | 1.41 |
Piotroski Score | 3.00 |
Earnings Yield | 3.74 % |
Sales Growth (5 Years) | 25.3 % |
Sigachi Quarterly Results
Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | |
Sales | 66 | 73 | 78 | 82 | 69 | 72 | 85 | 99 | 111 | 104 |
Expenses | 53 | 58 | 62 | 66 | 55 | 60 | 68 | 78 | 88 | 88 |
Operating Profit | 13 | 15 | 16 | 16 | 14 | 12 | 16 | 21 | 23 | 16 |
OPM % | 19% | 20% | 21% | 20% | 20% | 17% | 19% | 22% | 20% | 16% |
Other Income | 1 | 2 | 2 | 2 | 1 | 2 | 2 | 1 | 2 | 7 |
Interest | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 3 |
Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 3 |
Profit Before Tax | 12 | 15 | 17 | 15 | 12 | 10 | 15 | 18 | 20 | 17 |
Tax % | 22% | 23% | 23% | 11% | 20% | 29% | 26% | 17% | 18% | 12% |
Net Profit | 10 | 12 | 13 | 14 | 10 | 7 | 11 | 15 | 16 | 15 |
EPS in Rs | 0.31 | 0.38 | 0.42 | 0.44 | 0.32 | 0.24 | 0.35 | 0.49 | 0.50 | 0.46 |
CAGR Report
10 Years | 5 Years | 3 Years | TTM/1 Year | Last Year | |
Compounded Sales Growth | % | 25% | 27% | 32% | – |
Compounded Profit Growth | % | 25% | 24% | 31% | – |
Stock Price CAGR | % | % | % | 154% | – |
Return on Equity | % | 21% | 19% | – | 16% |
Also Check:-
Indian Overseas Bank Share Price Target
Apollo Tyres Share Price Target
Sigachi Shareholding Pattern
Mar 2022 | Mar 2023 | Mar 2024 | |
Promoters | 48.48% | 48.49% | 45.43% |
FIIs | 0.23% | 0.09% | 2.06% |
DIIs | 2.92% | 0.00% | 0.00% |
Public | 48.37% | 51.43% | 52.51% |
No. of Shareholders | 98,638 | 86,576 | 137,506 |
Sigachi Share Price Target 2024-2030
Year | Initial Target | Mid-Year Target | Year-End Target |
2024 | ₹64.5 | ₹80.87 | ₹90.69 |
2025 | ₹93 | ₹88 | ₹106 |
2026 | ₹108 | ₹101 | ₹119 |
2027 | ₹121 | ₹113 | ₹137 |
2028 | ₹140 | ₹131 | ₹156 |
2029 | ₹159 | ₹150 | ₹177 |
2030 | ₹181 | ₹171 | ₹204 |
SIGACHI Share Price Target 2025
Month | Target |
January | ₹93 |
February | ₹95 |
March | ₹97 |
April | ₹94 |
May | ₹91 |
June | ₹88 |
July | ₹92 |
August | ₹96 |
September | ₹100 |
October | ₹102 |
November | ₹104 |
December | ₹106 |
SIGACHI Share Price Target 2026
Month | Target |
January | ₹108 |
February | ₹110 |
March | ₹112 |
April | ₹108 |
May | ₹104 |
June | ₹101 |
July | ₹105 |
August | ₹109 |
September | ₹113 |
October | ₹115 |
November | ₹117 |
December | ₹119 |
SIGACHI Share Price Target 2027
Month | Target |
January | ₹121 |
February | ₹123 |
March | ₹125 |
April | ₹121 |
May | ₹117 |
June | ₹113 |
July | ₹118 |
August | ₹123 |
September | ₹128 |
October | ₹131 |
November | ₹134 |
December | ₹137 |
Also Check:-
L&T Finance Share Price Target
Ambuja Cement Share Price Target
SIGACHI Share Price Target 2028
Month | Target |
January | ₹140 |
February | ₹143 |
March | ₹146 |
April | ₹141 |
May | ₹136 |
June | ₹131 |
July | ₹136 |
August | ₹141 |
September | ₹147 |
October | ₹150 |
November | ₹153 |
December | ₹156 |
SIGACHI Share Price Target 2029
Month | Target |
January | ₹159 |
February | ₹162 |
March | ₹165 |
April | ₹160 |
May | ₹155 |
June | ₹150 |
July | ₹156 |
August | ₹162 |
September | ₹168 |
October | ₹171 |
November | ₹174 |
December | ₹177 |
SIGACHI Share Price Target 2030
Month | Target |
January | ₹181 |
February | ₹185 |
March | ₹189 |
April | ₹183 |
May | ₹177 |
June | ₹171 |
July | ₹178 |
August | ₹185 |
September | ₹192 |
October | ₹196 |
November | ₹200 |
December | ₹204 |
Points Before Investing in Sigachi Industries Ltd:-
- Make a rough comparison of the company’s stock market performance for the current year and previous years.
- Before making any investment, consider all of the risk factors, and remember to keep a record of them even after the investment has been made.
- Examine the effects of taxes on the shares and the trends in tax percentages as they change with each fiscal year.
- Decide on no credits for speculation purposes contribute a good sum simply as per your capacities.
- As the prices of the shares can change at any time, keep an eye on them.
Conclusion
A company called Sigachi Industries is currently listed on stock exchanges. Its presentation has developed throughout the long term; the organization doesn’t have areas of strength for a with respect to its portions regardless of the lower request the offers are in the end expanding. Anyway as indicated by different expectations or the figures the offer cost had been seen expanding as it were. The organization significantly acts in the Pharma field and is procuring a lot of benefits and income from the organization’s exhibition in its center field.
Stay Updated with the Latest News and Trends
Discover the latest in tech, exams, Sarkari results, and more with our platform. We bring you fresh updates and expert insights to keep you informed and ahead. Join us today and stay on top of the most important developments!