Date: 12th August, 2026

Financial Results (Standalone)

Q1 FY27 Performance (Year-over-Year):

  • Total Income: ₹306.76 Crore, representing 18% YoY growth
  • EBITDA: ₹28.7 Crore, representing 42% YoY growth
  • Net Profit: ₹8.05 Crore, representing 1066% YoY growth
  • Note: Percentage figures have been rounded off to the nearest whole number

Business Highlights

Building Products Segment:

  • Revenue increased approximately 150% quarter-over-quarter (QoQ)
  • Revenue increased approximately 200% year-over-year (YoY)
  • Strong distributor acceptance and market potential
  • Company developing this segment as a key future growth vertical

Micro-Irrigation Business:

  • Expanded into new geographies
  • Benefited from improved product mix
  • Supports both growth and profitability
  • Company remains focused on providing efficient irrigation solutions to farmers

Overall Business Strategy:

  • Prioritizing profitable and sustainable businesses
  • Reducing exposure to low-margin activities
  • Growth in Building Products and Micro-Irrigation contributed positively to overall performance and profitability
  • Strategy focuses on strengthening product portfolio, expanding into newer markets and geographies, and focusing resources on businesses offering sustainable and profitable growth

Management Commentary

Mr. Saurabh Sangla, Director, commented:

  • Q1 FY 2026-27 has been a rewarding quarter reflecting the outcome of strategic direction
  • Strong traction in Building Products segment and expansion of Micro-Irrigation business is encouraging
  • Growth accompanied by improvement in business quality and profitability
  • Strategy centered around businesses and markets where Signet can create sustainable value for customers, channel partners, farmers and shareholders
  • Company intends to build upon this momentum in coming quarters
  • Maintaining focus on profitable growth, market expansion and operational excellence

Company Background

Established: 1985

Location: Dhar, Madhya Pradesh (Headquarters in Pithampur)

Business Activities:

  • Manufacturing plastic and agricultural products
  • Merchant trading of polymers
  • Renewable wind energy generation
  • Participation in government-backed agricultural and micro irrigation subsidy initiatives
  • Expansion into high growth building materials segment