Financial Results Overview
Income Statement (Year ended 31 March 2026):
- Revenue from operations: ₹55,733 lakhs (compared to ₹43,167 lakhs in FY25)
- Other income: ₹702 lakhs (compared to ₹700 lakhs in FY25)
- Total income: ₹56,435 lakhs (compared to ₹43,867 lakhs in FY25)
- Total expenses: ₹54,629 lakhs (compared to ₹42,863 lakhs in FY25)
- Profit before exceptional item and tax: ₹1,806 lakhs (compared to ₹1,004 lakhs in FY25)
- Exceptional items: One-time Impact of New Labour Codes ₹73 lakhs
- Profit before tax: ₹1,733 lakhs (compared to ₹1,004 lakhs in FY25)
- Total tax expense: ₹256 lakhs (compared to ₹265 lakhs in FY25)
- Profit for the year: ₹1,276 lakhs (compared to ₹739 lakhs in FY25)
- Other comprehensive loss: ₹19 lakhs (net of tax)
- Total comprehensive income: ₹1,257 lakhs (compared to ₹733 lakhs in FY25)
Quarterly Performance (Q4 FY26):
- Revenue from operations: ₹16,632 lakhs (compared to ₹12,167 lakhs in Q4 FY25)
- Profit before tax: ₹804 lakhs (compared to ₹563 lakhs in Q4 FY25)
- Profit for the quarter: ₹590 lakhs (compared to ₹405 lakhs in Q4 FY25)
Earnings Per Share:
- Basic EPS for FY26: ₹2.07 (compared to ₹1.20 in FY25)
- Diluted EPS for FY26: ₹2.06 (compared to ₹1.20 in FY25)
- Basic EPS for Q4 FY26: ₹0.95 (compared to ₹0.66 in Q4 FY25)
Balance Sheet Position (as at 31 March 2026)
- Paid-up equity share capital: ₹1,244 lakhs (face value ₹2 per share)
- Reserves: ₹16,581 lakhs
- Total equity: ₹17,825 lakhs
- Total assets: ₹28,948 lakhs
- Total liabilities: ₹11,123 lakhs
- Cash and cash equivalents: ₹5,867 lakhs
Segment Performance
Revenue Breakdown (FY26):
- Sewing machines and related accessories: ₹45,255 lakhs (81% of total)
- Domestic appliances: ₹10,478 lakhs (19% of total)
Segment Results (Profit/(Loss) before tax, FY26):
- Sewing machines and related accessories: ₹5,241 lakhs profit
- Domestic appliances: ₹1,053 lakhs loss
Segment Assets (as at 31 March 2026):
- Sewing machines: ₹12,689 lakhs
- Domestic appliances: ₹4,566 lakhs
- Unallocated: ₹11,693 lakhs
Dividend Recommendation
The Board recommended a final dividend of ₹0.40 per equity share (20% on face value of ₹2 each) for FY26, subject to shareholder approval at the ensuing Annual General Meeting.
Capital Raising
During FY26, the company raised additional share capital of ₹448.55 lakhs through preferential allotment of 563,578 equity shares at ₹79.59 per share. The proceeds (net of expenses of ₹10.97 lakhs) totaling ₹437.58 lakhs are for expansion of the manufacturing facility and will be utilized by 31 March 2028.
Exceptional Items
The company recorded a one-time impact of ₹73 lakhs (₹50.09 lakhs for gratuity and ₹23.01 lakhs for long-term compensated absences) due to the implementation of new Labour Codes notified by the Government of India on 21 November 2025.
Regulatory and Legal Matters
BIS Certification Issue:
- The Bureau of Indian Standards cancelled a vendor's license for mechanical household Zig-Zag machines in August 2023, affecting imports
- The company obtained multiple No Objection Certificates from the Ministry of Commerce & Industry to import without BIS mark, with the last NOC expiring on 12 February 2026
- The company's own factory in Jammu received revised BIS license effective 6 November 2025
- The company withdrew its writ petition from Delhi High Court on 22 January 2026 after standard revision
Fire Incident:
- A fire occurred at the registered office on 13 July 2025
- No business disruption as IT systems were cloud-based
- Temporary office space arranged, with new location fully operational from 15 January 2026
ESOP Scheme
The company implemented 'Singer India - Employee Stock Option Plan 2023' with up to 3,600,000 stock options. As of date, 3,375,000 options have been granted, 2,106,250 vested, 62,500 expired, 462,500 exercised and allotted on 17 October 2024, and 62,500 lapsed.
Exchange Listing
The company got listed on the National Stock Exchange of India Limited (NSE) on 19 March 2026.