ALFA Finder
| P/E TTM | 29.38xSector: 35.7x |
|---|---|
| Market Cap | ₹532.4 CrConsumer Durables |
| RSI | 54.26Neutral Zone |
| 1-Year Return | 3.52%Price Performance |
| Metric | Q2-27 | Q1-27 | Q2-26 |
|---|---|---|---|
| Revenue from Operations | 185 | 145 | 138 |
| Other Income | 0.9 | 1.9 | 1.6 |
| Total Income | 186 | 146 | 140 |
| Profit Before Tax | 9.4 | 4.0 | 5.2 |
| Net Profit | 6.9 | 3.0 | 3.8 |
| Operating Margin | 5.1% | 2.7% | 3.7% |
| Net Profit QoQ | +130.0% | ||
| Net Profit YoY | +81.6% | ||
| Adj. Profit QoQ | +304.8% | ||
| Adj. Profit YoY | +136.1% | ||
Key highlights
- Net profit surged 81.6% year-on-year to ₹6.9 crore for the quarter ended September 30, 2026
- Revenue from operations grew 34% year-on-year to reach ₹185 crore
- Operating margins expanded to 5.1% from 3.7% in the same period last year
- The sewing machine segment contributed ₹156.31 crore to total revenue
- Quarter-on-quarter profit showed a 130% increase from the ₹3.0 crore reported in Q1-27
Core Sewing Machine Segment Drives Top-Line Expansion
Singer India recorded a substantial increase in its top-line performance, with revenue from operations climbing to ₹185 crore in Q2-27 compared to ₹138 crore in the corresponding quarter of the previous year. This 34% growth was heavily supported by the 'Sewing machines and related accessories' segment, which saw revenues rise to ₹156.31 crore from ₹116.37 crore year-on-year. While the domestic appliances segment also experienced growth, reaching ₹28.89 crore versus ₹21.53 crore a year ago, the core sewing machine business remained the primary engine for the company's revenue surge during the quarter.
Segment Profitability and Operating Efficiency
- Sewing machine segment profit (before tax and finance costs) stood at ₹19.23 crore for the quarter
- The domestic appliances segment reported a loss of ₹3.13 crore, slightly higher than the ₹3.04 crore loss in Q2-26
- Operating margins improved significantly to 5.1% in Q2-27 from 2.7% in the preceding quarter
- Total expenses for the quarter were ₹176.70 crore, up from ₹134.31 crore in the year-ago period
- Profit before tax (PBT) reached ₹9.4 crore, marking an 80.7% increase over the ₹5.2 crore recorded in Q2-26
Strategic Capex and Jammu Manufacturing Expansion
The company continues to advance its manufacturing strategy, utilizing proceeds from a previous preferential allotment of equity shares. As of November 2026, management has earmarked ₹4.38 crore for the expansion of its manufacturing facility in Jammu, specifically for designing and developing tools and equipment for sewing machines. These funds are slated for full utilization by March 31, 2028.
This long-term investment aims to enhance domestic production capabilities and potentially improve margins by reducing reliance on external sourcing as the company scales its core product line.
Management Confirmation of Results
The Board of Directors of the Company at their meeting held today, i.e. November 12, 2026, has considered and approved the Un-Audited Financial Results of the Company for the quarter and half year ended September 30, 2026.
| Date | Announcement | Amount |
|---|---|---|
| 12 Aug 2026 | Q1 FY27 Standalone Net ProfitSource: scanx.trade | ₹3.00 Cr |
| 12 Feb 2026 | Q3 FY26 Standalone Net ProfitSource: scanx.trade | ₹5.39 Cr |
| 12 Nov 2025 | Q2 FY26 Standalone Net ProfitSource: livemint.com | ₹3.83 Cr |
| 08 Aug 2025 | Q1 FY26 Standalone Net LossSource: lemonn.co.in | ₹-2.36 Cr |
| 22 May 2025 | Q4 FY25 Standalone Net ProfitSource: lemonn.co.in | ₹4.05 Cr |
What to watch next
- Investor conference call scheduled for November 16, 2026, at 3:30 PM IST
- Utilization of ₹4.38 crore capex for Jammu facility by March 31, 2028
- Impact of ongoing efforts to turn around the domestic appliances segment profitability
| Share price | ₹86.35 |
|---|---|
| Market capitalisation | ₹532.40 Cr |
| Revenue (annual) | ₹557.33 Cr |
| Net profit (annual) | ₹12.76 Cr |
| Revenue (latest quarter) | ₹144.55 Cr-13.09% vs previous quarter |
| Net profit (latest quarter) | ₹3.00 Cr-49.15% vs previous quarter |
| P/E (TTM) | 29.38×Sector 44.27× |
| Promoter holding | 30.49%0.00% QoQ |
| FII holding | 0.04%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Singer India Ltd announcing its un-audited financial results for the quarter and half-year ended September 30, 2026. Market figures from a third-party data provider.
