Signet Industries Limited Share Price and Company Fundamentals



Price
₹32.35
Change
-0.950 (-2.853%)
52 week
27.95 - 69.45

Last traded: Yesterday at 9:59 AM

Signet Industries Limited engages in merchant trading of various polymer and other products in India. The company operates through Manufacturing, Wind Power Unit, and Trading segments. It distributes and trades in PVC resins; polyolefins, such as HDPE, LLDPE, and PP; PET resins; and DOP and DBP plasticizers, as well as imports and trades in LDPE and metallocine grades. The company also manufactures micro irrigation systems; HDPE sprinkler pipes, HDPE pipes, and cable ducts; PVC pipes and fittings; spray pumps; crates; molded furniture; and household molded products, as well as ghamela, buckets, milk canes, stools, mugs, supda, etc. In addition, it generates and distributes electricity through windmill in the sates of Rajasthan and Maharashtra. The company was formerly known as Signet Overseas Limited and changed its name to Signet Industries Limited in January 2010. Signet Industries Limited was incorporated in 1985 and is based in Indore, India.

Key Metrics

PE ratio

12.31

PB ratio

0.50

Dividend yield

0.00%

Beta

1.33

Market cap

-

Enterprise value

-

Company profile

Industry / SectorSpecialty Chemicals / Basic Materials
Full time employees526
Websitehttps://www.groupsignet.com
Mailing addressSurvey No. 314/3 SDA Compound Lasudia Mori Dewas Naka Indore 452010 India
Phone / Fax91 73 1421 7800 / 91 73 1421 7867

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

18.66%

5Y Avg. yield

1.49%

Signet Industries Limited paid ₹0.00 dividend and the ex-dividend date was 20 Sept 2021.The dividend payout ratio is 18.66%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.SIGIND dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

SIGIND's forward dividend amount is ₹0.5 and the forward dividend yield is 1.50%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Signet Industries Limited.

NameTitleAgeTotal Pay
Mr. Mukesh Sangla B.AChairman & MD66
Mr. Jagdish Chandra PaliwalChief Financial Officer
Mrs. Preeti SinghCompany Sec. & Compliance Officer

Profitability and management effectiveness

Profit margin

1.35%

Operating margin

6.34%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Signet Industries Limited is and its enterprise value is .

The SIGIND's stocks Beta value is 1.33 making it 33% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Signet Industries Limited (NSE:SIGIND) Frequently Asked Questions

1. What is Signet Industries Limited's Stock Symbol?

Signet Industries Limited trades on NSE under the ticker symbol "SIGIND".

2. What is Signet Industries Limited's stock price today?

One share of SIGIND stock can currently be purchased for approximately ₹32.35.

3. How can I contact Signet Industries Limited?

Signet Industries Limited's mailing address is Survey No. 314/3 SDA Compound Lasudia Mori Dewas Naka Indore 452010 India. The company can be reached via phone at 91 73 1421 7800.

4. What is Signet Industries Limited's official website?

The official website of Signet Industries Limited is https://www.groupsignet.com.