---
title: "SI Group - India Ltd (SIGROUPIND) — Share Price, Financials & Analysis"
symbol: "SIGROUPIND"
company: "SI Group - India Ltd"
canonical: "https://tapetide.com/stocks/SIGROUPIND"
sector: "Commodities"
industry: "Chemicals & Petrochemicals"
generated_at: "2026-09-13T18:50:46.102Z"
---

# SI Group - India Ltd (SIGROUPIND)

Canonical page: https://tapetide.com/stocks/SIGROUPIND

## Company

- **Sector:** Commodities
- **Industry:** Chemicals & Petrochemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** siigroup.com

## About

SI Group - India Ltd is engaged in manufacture and trading of organic chemicals.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- The company has delivered a poor sales growth of -2.42% over past five years.
- Company has a low return on equity of 13.7% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -8% | 23% | 11% |
| revenue growth | 8% | 8% | -2% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 689 | 912 | 1027 | 1056 | 1161 | 1068 | 817 | 819 | 948 | 1027 |
| Expenses | 612 | 748 | 894 | 1009 | 1130 | 1017 | 764 | 724 | 846 | 925 |
| Operating Profit | 76 | 164 | 132 | 47 | 31 | 51 | 54 | 95 | 101 | 102 |
| OPM % | 11 | 18 | 13 | 4.4 | 2.6 | 4.8 | 7 | 12 | 11 | 10 |
| Other Income | 6 | 3 | 6 | 6 | 63 | 6 | 7 | 6 | 6 | 3 |
| Interest | 11 | 2 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 14 | 13 | 16 | 17 | 17 | 16 | 15 | 17 | 19 | 20 |
| Profit before tax | 57 | 152 | 122 | 35 | 76 | 41 | 45 | 83 | 87 | 83 |
| Tax % | 28 | 34 | 33 | 33 | 33 | 35 | 37 | 35 | 34 | 36 |
| Net Profit | 41 | 100 | 81 | 23 | 51 | 27 | 28 | 54 | 58 | 53 |
| Dividend Payout % | 0 | 0 | 16 | 55 | 25 | 24 | 0 | 184 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 42 | 42 | 42 | 42 | 42 | 42 | 41 | 41 | 41 | 41 |
| Reserves | 122 | 222 | 288 | 297 | 333 | 344 | 360 | 315 | 372 | 429 |
| Borrowings | 97 | 3 | 4 | 22 | 6 | 5 | 5 | 5 | 4 | 4 |
| Other Liabilities | 124 | 141 | 200 | 170 | 187 | 122 | 133 | 150 | 193 | 174 |
| Total Liabilities | 385 | 408 | 535 | 531 | 567 | 515 | 539 | 511 | 611 | 649 |
| Fixed Assets | 136 | 125 | 181 | 169 | 154 | 136 | 138 | 147 | 173 | 190 |
| CWIP | 1 | 3 | 3 | 4 | 3 | 10 | 13 | 12 | 8 | 15 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 248 | 281 | 352 | 359 | 411 | 369 | 388 | 351 | 430 | 444 |
| Total Assets | 385 | 408 | 535 | 531 | 567 | 515 | 539 | 511 | 611 | 649 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 65 | 119 | 80 | 2 | 62 | 78 | 64 | -14 | 43 | 65 |
| Cash from Investing Activity | -3 | -5 | -80 | -5 | 13 | -17 | -15 | -9 | -35 | -42 |
| Cash from Financing Activity | -68 | -97 | 0 | -7 | -30 | -15 | -13 | -88 | -13 | -2 |
| Net Cash Flow | -6 | 17 | 0 | -11 | 45 | 46 | 35 | -110 | -6 | 22 |
| Free Cash Flow | 62 | 111 | 70 | -5 | 74 | 78 | 43 | -37 | 7 | 22 |
| CFO/OP | 106 | 102 | 95 | 31 | 285 | 194 | 156 | 39 | 76 | 92 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 68 | 58 | 59 | 62 | 57 | 48 | 55 | 60 | 61 | 58 |
| Inventory Days | 73 | 59 | 74 | 65 | 57 | 40 | 60 | 73 | 83 | 69 |
| Days Payable | 62 | 51 | 61 | 43 | 51 | 33 | 49 | 50 | 70 | 57 |
| Cash Conversion Cycle | 80 | 67 | 72 | 83 | 63 | 54 | 66 | 82 | 74 | 70 |
| Working Capital Days | 74 | 54 | 58 | 72 | 56 | 47 | 50 | 54 | 62 | 60 |
| ROCE % | 25 | 58 | 41 | 10 | 13 | 11 | 11 | 22 | 23 | 19 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 11.54 | Sell |
| EMA (10) | 11.75 | Sell |
| SMA (20) | 12.98 | Sell |
| EMA (20) | 12.37 | Sell |
| SMA (50) | 13.36 | Sell |
| EMA (50) | 13.82 | Sell |
| SMA (100) | 16.57 | Sell |
| EMA (100) | 17.03 | Sell |
| SMA (200) | 22.32 | Sell |
| EMA (200) | 24.64 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 38.99 | Neutral |
| MACD (12,26,9) | -0.75 | Sell |
| Stochastic (14,3,3) | 15.92 | Buy |
| ADX (14) | 22.94 | Neutral |
| Williams %R (14) | -80.95 | Buy |
| ATR (14) | 0.59 | High Volatility |
| ROC (12) | -19.79 | Sell |
| Stoch RSI (14) | 24.78 | Neutral |
| UO (7,14,28) | 37.7 | Neutral |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:50:46.102Z.