Pulse
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
Sicagen India Limited

Sicagen India Limited

NSE: SICAGEN
SteelBasic MaterialsSMALL CAPMCap ₹199.6 Cr
₹50.45₹0.63 (+1.26%)

Market Closed • NSE

Market cap₹199.6 Cr
Enterprise value₹271.7 Cr
P/E TTM9.76
P/B0.40
EPS TTM₹5.17
ROCE6.03%
D/E0.32
Dividend yield0.02%
Face value₹10.00
52W high₹74.06
52W low₹24.35
Price chart(1Y)
1Y Return:-11.68% (₹6.67)
H: ₹74.06L: ₹46.55
1W-3.67%
1M-10.49%
3M-4.11%
Today at a glance

Day range

₹47.90₹51.55

52 week range

₹24.35₹74.06
Volume6.1K0.51x 20D avg
Free float50.00%-48.70% volume

Sicagen India Limited closed at INR50.45 (+1.26%) on volume 0.51x its 20-day average, trading 31.88% below its 52-week high.

Technical analysis
RSI (14)40.2Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹2.47High
SMA 20₹52.25BEARISH
SMA 50₹54.92BEARISH
SMA 100₹54.20BEARISH
SMA 200—N/A
CPR bottom₹50.95
Pivot₹50.57
CPR top₹50.20
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +55.4% QoQ

2026-09-10

DIVIDEND Announced

Dividend - Re 1 Per Share

2020-09-10

DIVIDEND Announced

Dividend - Rs 0.50 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹159.0 Cr₹199.6 Cr79.65%≤ 33%FAIL
Non-halal income ratio–₹973.5 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹714.6 Cr₹739.5 Cr96.62%≥ 20%PASS
Receivables ratio–₹739.5 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E9.7621.40
Forward P/E——
P/B0.402.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield10.204.70
Growth & profitability
RevenuePAT
FY24PAT margin 1.40%
FY25PAT margin 1.90%
FY26PAT margin 1.90%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+3.00%
Revenue CAGR 5Y+4.30%
PAT CAGR 3Y+2.10%
PAT CAGR 5Y+11.40%
Operating margin3.50%
Net margin1.94%
Financial health & cash flow
Net debt₹134.1 CrModerate
Interest coverage2.20xEBIT / interest
CFO / PAT2.29x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹44.2 Cr
Capital expenditure–
Free cash flow₹37.8 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall68/100
Valuation75/100
Profitability50/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.32x

High Cash Flow Conversion: CFO/PAT averaged 2.29x over last 3 years

Attractive Valuation: P/E of 9.8x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Steel.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

70%47%23%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
3.05%Institutional holding
35.82%Public holding
5Periods available
0.00%Promoter pledged
22.18KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
10 Sept 2026Dividend₹1.00 / share—10 Sept 2026
—Dividend₹0.50 / share—10 Sept 2020
—Dividend₹0.40 / share—23 Jul 2019
—Dividend₹0.60 / share—26 Jul 2018
—Dividend₹0.60 / share—19 Jul 2017
—Dividend₹0.60 / share—08 Sept 2016
—Dividend₹0.60 / share—10 Sept 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)79.21%-4.00% latest vs average
Highest delivery93.27%on 07 Oct
Average volume (20D)11.9KTrading-session average
Conviction trendWeakening-4.00% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.14L36.802.30%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.85L11.520.60%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.30L13.462.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L47.081.19%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.17L19.642.33%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.00L12.210.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.96L34.470.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.880.06%₹3,668.00₹666.00+70.29%+88.67%
About Sicagen India Limited
Sicagen India Limited

Incorporated in 2004, Sicagen India is in the business of trading Building materials, Sales & Servicing Power and controls systems, manufacturing of MS barrels and water treatment chemicals[1]

IndiaBasic Materials

Questions investors ask
Is Sicagen India Limited Shariah compliant?

Sicagen India Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (79.65%) exceeds AAOIFI threshold (≤ 33%).

What is Sicagen India Limited's current valuation relative to peers?

Sicagen India Limited trades at a P/E of 9.8x compared to the sector median of 21.4x, and a Price-to-Book of 0.4x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.32x. Interest coverage is 2.2x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 4.3% while net profit growth averaged 11.4%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-09. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.