Sigachi Industries Limited (SIGACHI.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-144.9%

-₹11.99

vs ₹26.68 price

Levered DCF

-₹44.57

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

2.74

Grey zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	-7.91×	17.97×	34.03×	15.73×	18.77×	45.69×	22.67×	96.53×
P/B	1.24×	2.02×	4.54×	2.56×	3.9×	19.53×	28.49×	40.99×
P/S	1.35×	2.49×	4.89×	2.27×	3.55×	9.55×	13.23×	14.26×
EV / EBITDA	-14.01×	11.15×	24.26×	11.33×	16.07×	47.04×	62.79×	62.44×
Gross margin	21.4%	36.2%	43.3%	54.2%	44.7%	38.3%	37.5%	37.6%
Operating margin	7.6%	17.2%	16.5%	17.5%	20.3%	38.4%	19.0%	21.4%
Net margin	-17.1%	14.2%	14.3%	14.4%	16.0%	15.7%	14.6%	14.7%
Current ratio	1.44×	2.13×	1.67×	2.38×	3.5×	2.71×	1.84×	1.41×
Debt / equity	0.31×	0.24×	0.35×	0.26×	0.15×	0.22×	0.47×	0.56×
Interest coverage	2.6×	6.78×	8.5×	12.33×	43.39×	59.18×	11.28×	8.01×
Dividend yield	0.6%	0.3%	0.2%	0.4%	0.3%	0.0%	0.0%	0.0%
Payout ratio	-4.7%	4.7%	5.4%	7.1%	5.8%	2.5%	1.8%	1.9%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-15.7%	11.6%	13.3%	16.2%	17.6%	32.1%	31.5%	42.4%
Return on invested capital	4.8%	8.2%	8.9%	12.3%	14.6%	48.4%	21.5%	29.0%
Return on assets	-9.7%	8.2%	8.2%	11.6%	14.0%	22.7%	18.6%	20.8%
Free cash flow yield	-7.1%	-2.0%	-3.7%	-10.4%	-2.1%	1.1%	0.3%	0.5%
Earnings yield	-12.6%	5.7%	2.9%	6.3%	4.5%	1.6%	1.1%	1.0%
Enterprise value	₹7.9B	₹13.4B	₹20.8B	₹7.4B	₹8.9B	₹18.4B	₹18.6B	₹18.6B
Net debt / EBITDA	-2.51×	1.06×	1.56×	0.84×	0.1×	0.13×	0.73×	0.8×
Cash conversion cycle (days)	186	206	177	99	147	120	170	147