About Sicagen
Sicagen is a company based in Chennai (India) founded in 2004 by Ashwin C Muthiah. The company has 288 employees. Sicagen has completed 1 acquisition, including Danish Steel Clusters. Sicagen offers products and services including Construction Steel, Pipes and Tubes, Cables and Wires, and Specialty Chemicals. Sicagen operates in a competitive market with competitors including Shankara, NL Tile Art, Marble Centre, Ventura International and Nayan Hardware, among others.
- Headquarter Chennai, India
- Employees 288
- Founders Ashwin C Muthiah
- Stage Public
- SectorsChemicals & MaterialsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website sicagen.com
- Social LinkedIn
- Legal Name Sicagen India Limited
- Annual Revenue₹983 Cr
FY 2026 · +9% YoY
- Net Profit₹18.07 Cr
FY 2026 · 2% margin
- EBITDA₹37.97 Cr
FY 2026 · 4% margin
- Employee Count288
- Investments & Acquisitions
Associated legal entities of Sicagen
Sicagen operates through Sicagen India Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sicagen India Limited Listed CIN L74900TN2004PLC053467 | Active | 11 Jun 2004 | Chennai, Tamil Nadu | ₹983 Cr | 306 | 8 | View details |
Products & Services of Sicagen
Sicagen offers a comprehensive portfolio of products and services, including Construction Steel, Pipes and Tubes, Cables and Wires, and Specialty Chemicals.
Materials for infrastructure and construction projects.
Components for industrial and construction applications.
Electrical products for power transmission and control.
Chemicals for water treatment and oil field uses.
Board of directors of Sicagen India Limited (Sicagen)
Sicagen India Limited is the primary company behind Sicagen. The board of Sicagen India Limited currently have 6 directors; the longest-serving is Chidambaram Ashwin Muthiah, appointed in 2012. 30 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chidambaram Ashwin Muthiah DIN 00255679 | Director | 10 Dec 2012 | 13 yrs 10 mo | Sicagen India Limited |
| Rita Chandrasekar DIN 03013549 | Director | 28 Jun 2017 | 9 yrs 3 mo | Sicagen India Limited |
| Chandrasekar DIN 06374821 | Director | 09 Aug 2018 | 8 yrs 2 mo | Sicagen India Limited |
| Govindarajan Dattatreyan Sharma DIN 08060285 | Director | 11 Aug 2024 | 2 yrs 1 mo | Sicagen India Limited |
| Batchu Sai Purshotham DIN 08390291 | Director | 11 Aug 2024 | 2 yrs 1 mo | Sicagen India Limited |
| Prasanna Joshi DIN 11702992 | Additional Director | 14 May 2026 | 4 mo | Sicagen India Limited |
People of Sicagen
1 people are tracked at Sicagen (1 in leadership); the tracked headcount is 288.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Sicagen
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Sicagen
Sicagen is a publicly listed company on the BSE with ticker symbol SICAGEN in India, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date21 Aug 2008
- Listed onBSE: 533014 · NSE: SICAGEN
- Listed entitySicagen India Limited
- Exchange sectorDistribution services
- ISININE176J01011
- Share price₹53.12 (-2.71% on the day) · 2026-05-11
- Market capitalisation₹217 Cr
- Price to earnings12.0
- EPS (diluted, trailing year)₹4.44
- Dividend yield1.82%
- Volume (last session)12,204
- Analyst consensusNo rating
Financials of Sicagen
Figures of Sicagen India Limited, the primary company behind Sicagen, for FY 2026. Revenue was ₹983 Cr (+9% year on year). Net profit was ₹18.07 Cr (2% margin). EBITDA was ₹37.97 Cr (4% margin). Revenue has grown at a compounded annual rate of +3% over three years and +12% over five years.
- ₹983 CrRevenue · FY 2026 · +9% YoY
- ₹18.07 CrNet profit · 2% margin
- ₹37.97 CrEBITDA · 4% margin
- ₹39.57 CrPaid-up capital
- 306Employees (provident fund records)
- +3%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹973 Cr | ₹18.1 Cr | ₹40.2 Cr |
| 2024 | ₹891 Cr | ₹17.1 Cr | ₹36.0 Cr |
| 2023 | ₹795 Cr | ₹10.5 Cr | ₹27.9 Cr |
| 2022 | ₹895 Cr | ₹17.8 Cr | ₹33.4 Cr |
| 2021 | ₹836 Cr | -₹0.6 Cr | ₹22.6 Cr |
Balance sheet, profit and loss, cash flow and ratios of Sicagen India Limited are on its company page.
Detailed financial statements for Sicagen
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Sicagen
Sicagen has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Danish Steel Clusters.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Metal structures are fabricated for HVAC and diverse industries. | dscplindia.in | Bengaluru, India | 2004 | Sep 2016 | $1.64M |
Complete acquisition details for Sicagen
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Sicagen
3 dated milestones of Sicagen across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Sicagen is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Danish Steel Clusters.
Competitors of Sicagen
Sicagen operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shankara, NL Tile Art, Marble Centre, Ventura International and Nayan Hardware, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| shankarabuildpro.com | 1995 | Bengaluru, India | $11.65M | 970 | Construction materials, tiles, and wooden flooring products are supplied. | |
| nltileartpvtltd.com | 2023 | Mangalore, India | – | 52 | Supplies high-quality flooring and marble tiles for construction. | |
| marblecentre.in | 1989 | Bengaluru, India | – | 226 | Imports, retails, and supplies luxury marble, granite, onyx, travertine, and quartzite. | |
| venturaindia.com | 1994 | Delhi, India | – | 23 | Provides high-quality laminates, veneers, and wall paneling for interior design. | |
| nayanhardware.com | 2006 | Hyderabad, India | – | 23 | Offers hardware products, modular kitchens, wardrobes, and installation services in Hyderabad. | |
| prcpl.in | 1995 | Tiruppur, India | – | 21 | Offers broad selection of natural stones, tiles, and design services in Tulsa area. |
Detailed competitors of Sicagen
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Sicagen
The website of Sicagen (sicagen.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▼ 46.2% vs previous month
Websites whose visitors overlap most with Sicagen. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| probuild.com | 100% | – | – | View details | |
buildzs.com | buildzs.com | 60% | – | – | – |
indiabuildingmaterials.com | indiabuildingmaterials.com | 57% | – | – | – |
maiervidorno.com | maiervidorno.com | 49% | – | #10,479,768 | – |
| indiacom.com | 42% | 22.9K | #1,314,269 | View details |
Latest news on Sicagen
Complete news archive for Sicagen
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Sicagen
10 companies that operate in the same segment as Sicagen (Core & Diversified Chemicals), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Chemical materials are designed and applied across industrial sectors. | 2004 | United States | – | USD 10.66 B | 21,080 | |
Speciality Chemicals manufacturer | 1995 | Muttenz, Basel-landschaft, Switzerland | – | USD 4.95 B | 10,460 | |
Manufacturer of fertilizers, industrial chemicals, crop nutrition products, and real estate | 1979 | Pune, Maharashtra, India | – | USD 1.21 B | 1,020 | |
Chemicals and ingredients are distributed globally by Univar Solutions. | 1924 | Downers Grove, Illinois, United States | USD 38.38 M | USD 832.6 M | – | |
AGC is engaged in manufacturing glass and chemical products. | 2000 | Tokyo, Tokyo, Japan | – | USD 1.61 M | 6 | |
Gases and chemical products are supplied to diverse industrial sectors. | 1902 | Paris, France | – | USD 31.65 B | 66,660 | |
Industrial, medical, and specialty gases are manufactured by Messer Group. | 1898 | Bad Soden-salmunster, Hessen, Germany | – | – | – | |
Specialty chemicals are manufactured through integrated R&D and production processes. | 2023 | Bengaluru, Karnataka, India | USD 72.97 M | USD 2.13 M | – | |
Multiple sectors are invested in by this private equity firm. | 1920 | Kingsport, Tennessee, United States | – | USD 8.76 B | 14,000 | |
Evonik is recognized as a leader in specialty chemicals innovation. | 1847 | Essen, North Rhine-westphalia, Germany | – | USD 24.8 M | 93 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Sicagen
Sicagen was founded in 2004.
Sicagen is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Sicagen has 288 employees.
The primary company behind Sicagen, Sicagen India Limited, reported revenue of ₹983 Cr for FY 2026, up 9% year on year.
Sicagen was established in 2004 in Chennai, India, as a provider in the industrial and infrastructure sectors. Services encompass industrial packaging, shipbuilding, and development projects, including the supply of building materials, power and control systems, specialty chemicals, precision fabrication, and power cables. Integrated solutions are offered for infrastructure needs, industrial packaging requirements, and water treatment chemicals across operations.
Sicagen's top competitors include Shankara, Ventura International and Nayan Hardware.
Sicagen offers Construction Steel, Pipes and Tubes, Cables and Wires, and Specialty Chemicals.
Yes, Sicagen is publicly traded on BSE under the ticker symbol SICAGEN.
Sicagen has made 1 acquisition, including Danish Steel Clusters.
Sicagen operates through Sicagen India Limited.
The legal entities of Sicagen currently have 8 directors, including Chidambaram Ashwin Muthiah, Rita Chandrasekar, Chandrasekar and others.