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Earnings Call

Sigachi Industries Earnings Call: Key Takeaways

Sigachi reported Q4 FY26 revenue of INR 121.89cr with 12.63% EBITDA margin. Focus is on recovering from a prior fire incident via new capacity in Dahej and Jhagadia.

Why this was an Alfa AlertNot a filter event. FY27 revenue guidance of ~35-40% growth is below the 50% threshold for filter event status.
Highlights
Revenue growthFY27 guidance INR 650-675cr representing significant YoY recovery growth.
MarginsMargins recovering from single digits toward guided 18-20% for FY27.
Demand visibilityStrong demand for MCC and higher-margin CCS from existing clients.
Management confidenceHigh confidence in reclaiming preferred vendor status as capacity returns.

Growth

Q4 Revenue INR 121.89cr; PAT INR 7.6cr. MCC segment contributed INR 85.33cr (70% of total).

Outlook

FY27 guidance: Revenue INR 650-675cr, EBITDA 18-20%. Adding 12,000 MT MCC and 1,800 MT CCS capacity.

Risks

Sub judice legal issues at Hyderabad plant; geopolitical impacts on exports; post-incident safety audit costs.

Last quarter's promises, checked

Delivered

  • Guided MCC Capacity 18,000 MT → Delivered 18,000 MT (= BEAT)
  • Guided Q3 EBITDA double digit → Delivered 4.6% (= MISS)
  • Guided 12,000 MT Dahej expansion on track → Delivered On track (= BEAT)

Partly delivered

  • Guided insurance claim ad-hoc receipt → Delivered Documents pending (= PARTIAL)

Missed

  • Guided Q3 EBITDA double digit → Delivered 4.6% (= MISS)
  • Guided MCC revenue share 80%+ → Delivered 70% (= MISS)
  • Guided 73-74% capacity utilization → Delivered 70-73% (= MISS)
Source

Earnings Call filed with BSE, NSE: SIGACHI. Summary written with AI assistance from the document.

Read the document ↗

Sigachi Industries Ltd: key numbers

Share price
₹29.43
Market cap
₹1,125 Cr
Revenue (annual)
₹477.8 Cr
Net profit (annual)
₹-81.76 Cr
P/E (TTM)
44.4×Sector 50.4×
Promoter holding
36.69%+0.00% QoQ
FII holding
1.25%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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