Sikko Industries
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Sikko Industries entered into a memorandum of understanding with Operation Wealth Creation, a presidential initiative of the Government of Uganda, to supply Organic Fertilizer Granules (Bio NPK) for its programmes in Uganda. The programme envisaged 50,000 metric tonnes in Year 1 at USD 138.96 per tonne, firm for the first year, with 55,000 tonnes in Year 2 and 60,500 tonnes in Year 3 on indicative pricing subject to annual review and separate annual supply contracts. The company operates as a manufacturer, trader and exporter of bio-agrochemicals, pesticides, fertilisers and seeds and reported revenue from operations of Rs 61.29 crore in FY24. Fertilisers accounted for about 1% of revenue that year, with bio products contributing about Rs 16.16 crore and pesticides about Rs 29.47 crore. Trade receivables stood at Rs 23.15 crore at the end of FY24, including Rs 6.78 crore aged one to two years, against cash and equivalents of Rs 8.2 lakh.
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Sikko Industries entered into a memorandum of understanding with Operation Wealth Creation, a presidential initiative of the Government of Uganda, to supply Organic Fertilizer Granules (Bio NPK) for its programmes in Uganda. The programme envisaged 50,000 metric tonnes in Year 1 at USD 138.96 per tonne, firm for the first year, with 55,000 tonnes in Year 2 and 60,500 tonnes in Year 3 on indicative pricing subject to annual review and separate annual supply contracts. The company operates as a manufacturer, trader and exporter of bio-agrochemicals, pesticides, fertilisers and seeds and reported revenue from operations of Rs 61.29 crore in FY24. Fertilisers accounted for about 1% of revenue that year, with bio products contributing about Rs 16.16 crore and pesticides about Rs 29.47 crore. Trade receivables stood at Rs 23.15 crore at the end of FY24, including Rs 6.78 crore aged one to two years, against cash and equivalents of Rs 8.2 lakh.
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Aug 12 (Reuters) - Sikko Industries Ltd SIKK.NS:
SIKKO INDUSTRIES - RECEIVES PETITION UNDER IBC FROM CREDITOR
SIKKO INDUSTRIES LTD - PETITION FILED FOR DEFAULT OF USD 765,000 BY ROSEFINCH HEALTHCARE
Source text: ID:nNSE8x4KrM
Further company coverage: SIKK.NS
(([email protected];;))
Aug 12 (Reuters) - Sikko Industries Ltd SIKK.NS:
SIKKO INDUSTRIES - RECEIVES PETITION UNDER IBC FROM CREDITOR
SIKKO INDUSTRIES LTD - PETITION FILED FOR DEFAULT OF USD 765,000 BY ROSEFINCH HEALTHCARE
Source text: ID:nNSE8x4KrM
Further company coverage: SIKK.NS
(([email protected];;))
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What does Sikko Industries do?
Sikko Industries Limited is a manufacturer, trader, and exporter of organic pesticides, fertilizers, and pharmaceutical products. They also produce a variety of plastic containers, leveraging their strategic location near raw material suppliers in Ahmedabad.
Who are the competitors of Sikko Industries?
Sikko Industries major competitors are Indogulf Cropscience, Mahamaya Lifescience, Quanto Agroworld, Aimco Pesticides, Best Agrolife, Shivalik Rasayan, Heranba Industries. Market Cap of Sikko Industries is ₹272 Crs. While the median market cap of its peers are ₹412 Crs.
Is Sikko Industries financially stable compared to its competitors?
Sikko Industries seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Sikko Industries pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Sikko Industries latest dividend payout ratio is 8.71% and 3yr average dividend payout ratio is 8.71%
How has Sikko Industries allocated its funds?
Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances
How strong is Sikko Industries balance sheet?
Balance sheet of Sikko Industries is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Sikko Industries improving?
Yes, profit is increasing. The profit of Sikko Industries is ₹6.05 Crs for TTM, ₹4.27 Crs for Mar 2025 and ₹4.06 Crs for Mar 2024.
Is the debt of Sikko Industries increasing or decreasing?
Yes, The net debt of Sikko Industries is increasing. Latest net debt of Sikko Industries is ₹11.4 Crs as of Mar-26. This is greater than Mar-25 when it was ₹3.91 Crs.
Is Sikko Industries stock expensive?
Yes, Sikko Industries is expensive. Latest PE of Sikko Industries is 44.9, while 3 year average PE is 40.03. Also latest EV/EBITDA of Sikko Industries is 36.66 while 3yr average is 27.72.
Has the share price of Sikko Industries grown faster than its competition?
Sikko Industries has given better returns compared to its competitors. Sikko Industries has grown at ~67.91% over the last 1yrs while peers have grown at a median rate of -38.14%
Is the promoter bullish about Sikko Industries?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Sikko Industries is 54.96% and last quarter promoter holding is 54.96%.
Are mutual funds buying/selling Sikko Industries?
There is Insufficient data to gauge this.