Singer India Limited

Sector n/a · NSE

₹89.89+₹14.34 (+18.98%)

DalalBaazaar Score

39 / 100

🔴 Weak

Verdict

CAUTION

Risk

Moderate

Driven by high debt relative to equity.

In simple words: Profitability data is thin for this company, with healthy sales growth. Debt is the main factor to watch.

Decision support, not a buy or sell call.

As of 18 Oct 2026, 7:00 pm

Understanding the Business

Company site ↗

The 60-second version of Singer India Limited — what it does, how it earns, and who it competes with, before any of the numbers below.

What does this company do?

Singer India Limited manufactures and trades in sewing machines and related accessories, and home appliances in India. It operates in two segments, Sewing Machines and Related Accessories; and Domestic Appliances.

Employees372

DalalBaazaar Score

39/ 100

Weak

Weighted across six categories. Every point is explained below.

✗ Debt/Equity of 2.80x is high — earnings must service borrowings before shareholders see anything

Quality vs. Valuation

Company Quality

34/ 100

Weak

How good the business is, ignoring the share price entirely.

Valuation

55/ 100

Fair

What you are being asked to pay, ignoring how good the business is.

Weak on business quality and not cheap enough to compensate.

vs. its own history

Not enough price and earnings history

vs. sector peers

Not enough peers with a usable P/E

vs. generic bands

No P/E available

EV/EBITDA

—

PEG

—

Red Flags

1 item require attention · 1 high

🔴High leverageFinancial
Debt/Equity of 2.80x — earnings must service borrowings before shareholders see anything.

Investment Thesis

🟢 Bull CaseWhat could make this work?

No clear supporting case emerges from the available numbers.

🔴 Bear CaseWhat could go wrong?

Leverage amplifies any setback
Debt/Equity of 2.80x. Interest is payable whether or not the business has a good year.

🟡 Key Things to WatchMeasurable tripwires, set against where this company stands today

1Free cash flow remains positive✗ not reported
Profit that never becomes cash eventually stops being profit.

Investment Checklist

1 / 5 checks passed

✗ Healthy net margin (≥ 10%)
✗ Manageable leverage (Debt/Equity < 1.0)
✓ Revenue growing year-over-year
✗ Not buying right at the 52-week high
✗ Short-term technical trend isn't bearish

Price history

Quick Metrics

1 good · 9 neutral · 1 weak

Market Cap

Not available

No data

Source didn't return this field

P/E (Trailing)

Not available

No data

Source didn't return this field

P/B Ratio

3.14x

Fair

Moderate premium to the company's book value

EPS (TTM)

Not available

No data

Source didn't return this field

ROE

Not available

No data

Source didn't return this field

ROCE

Not available

No data

Source didn't return this field

Debt/Equity

2.80x

High

High leverage

Revenue Growth (YoY)

56.9%

Healthy

Healthy top-line growth

Profit Growth (YoY)

Not available

No data

Source didn't return this field

Dividend Yield

None

No dividend yield reported — usually means no payout, but verify if one was recently initiated

Free Cash Flow

Not available

No data

Source didn't return this field

More Metrics

Operating Margin

1.6%

Weak

Thin margins leave little room for error

Net Margin

3.0%

Weak

Very little revenue reaches the bottom line

Beta (vs Nifty)

0.43

Defensive

Steadier than the market

52W Range Position

96%

Near high

Near its 52-week high

Technical Snapshot

SMA 20 / SMA 50

77.1 / 77.3

Bearish alignment (short < long)

RSI (14)

74.5

Overbought zone

Financial Trend (Annual)

Year	Revenue	Gross Profit	Net Income
2015	₹286 Cr	₹0 Cr	₹0 Cr
2016	₹336 Cr	₹0 Cr	₹0 Cr

Balance Sheet & Cash Flow — FY2016

Total Assets

—

Total Liabilities

—

Total Debt

—

Cash & Equivalents

—

Operating Cash Flow

—

Capex

—

Shareholding (proxy)

Institutional Holding

0.0%

Insider Holding

53.0%

Recent News

1 positive5 general

Retail Holdings confirms no encumbrance on Singer India shares

scanx.trade, 14 Oct

Singer India Limited (SINGERIND.NS) Climbs 3.36% to ₹77.45, Testing the Upper Half of Its Range - Relative Volume

siam.in, 07 Oct

Compare ACRYCIL. with SINGER INDIA

Equitymaster, 12 Oct

Compare SINGER INDIA with ACRYCIL.

Equitymaster, 12 Oct

Singer India (NSE: SINGERIND) Sees Sharp Trading Momentum as Stock Breaks Above Recent Range

Kalkine India, 12 Aug

Singer India Q1 Results FY27: Net Profit Surges 227.12%, Revenue Rs 144 crore

Univest, 13 AugResults

🟢Potentially positiveReported improvement. Check whether it came from volume, price or a one-off item before treating it as a trend.

Watch Items

Trading very close to its 52-week high — momentum-driven entries here carry more mean-reversion risk.
Cross-check against the company's latest quarterly filing / investor presentation before acting.
Sector/industry classification unavailable — verify manually for peer comparison.
7 metrics couldn't be retrieved for this stock — this is more common for smaller or thinly-covered listings.
RSI is in overbought territory — momentum entries here carry more short-term pullback risk.

DalalBaazaar Thesis

MiddlingGrowth · Valuation · Risk

WeakBusiness Quality · Financial Health · Profitability

Points for each in the Score ↑

Weak on the fundamentals

Poor scores on business quality without a price low enough to compensate. There is no obvious argument for owning this over a stronger company at a similar valuation. 1 high-severity red flag sits above this conclusion and should be read first.

1 of 1 tripwires tripped — Free cash flow remains positive · see Key things to watch ↑