Sigachi Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

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.

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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%

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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

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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.