About Sicagen India Limited
Data last updated:
Sicagen India Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 11 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L74900TN2004PLC053467. Its GSTIN is 33AAKCS5770J1ZZ (Tamil Nadu). The company holds 18 GST registrations, of which 10 are active. Its shares are listed on BSE: 533014 and NSE: SICAGEN.
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹39.57 Cr. It was formerly known as Sical Logistics Limited. It is led by directors including Chidambaram Ashwin Muthiah and Rita Chandrasekar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4th Floor Spic House No.88 Mount Road Guindy, Chennai, Tamil Nadu, India – 600032.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹973.48 Cr, a growth of 9.2% compared to the previous year. For the same year it recorded a net profit of ₹18.64 Cr (net margin 1.9%) and EBITDA of ₹38.99 Cr (EBITDA margin 4%). The net worth stands at ₹495.01 Cr (up 2.3% YoY). Total assets are valued at ₹654.89 Cr (up 3.5% YoY).
The company has about 306 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Sicagen. As per MCA filings, the company has open charges of ₹75 Cr and satisfied charges of ₹91.88 Cr on record. Court records list 952 cases involving the company, including 905 filed by the company and 47 filed against it; 105 cases are pending. The company has 29 deals on record (29 market trades); the latest was in August 2026. Its 4 peer companies in the Metals and Minerals industry (Construction Materials Retail and Distribution, Electronic Appliances Retail and Distribution, Industrial Packaging), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 1 smaller; the largest is General Commodities Private Limited with revenue of ₹916.95 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 4 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sicagen.com.
Company details
CIN history
Sicagen India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74900TN2004PLC053467, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74900TN2004PLC053467 | Current |
| L63012TN2004PLC053467 | Previous |
| U63012TN2004PLC053467 | Previous |
Contact details
Sicagen India Limited's registered office is in Chennai, Tamil Nadu. Its website is sicagen.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th Floor Spic House No.88 Mount Road Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Sicagen India Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Sicagen India operates one associated brand: Sicagen. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial packaging, shipbuilding, and infrastructure services are provided. | sicagen.com |
Business activity
The main business activities of Sicagen India are trade and manufacturing. 4 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| C | Manufacturing | C7 | Metal and metal products | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Sicagen India Limited, buy the company report.
Financials of Sicagen India Limited
FY 2025-26 filings availableSicagen India Limited reported revenue of ₹973.48 Cr (up 9.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 973 | 891 | 795 | 895 | 836 | 542 | 699 |
| Revenue growth | +9.2% | +12.1% | -11.2% | +7.1% | +54.4% | -22.5% | - |
| EBITDA | 38.99 | 35.03 | 27.16 | 24.12 | 13.24 | 8.47 | 11.32 |
| EBITDA margin | +4.0% | +3.9% | +3.4% | +2.7% | +1.6% | +1.6% | +1.6% |
| Profit before tax | 25.25 | 24.18 | 13.84 | 21.64 | 5.01 | 1.44 | 3.41 |
| Net profit | 18.64 | 15.25 | 10.91 | 11.72 | (1.40) | (3.77) | 0.36 |
| Net profit margin | +1.9% | +1.7% | +1.4% | +1.3% | -0.2% | -0.7% | +0.1% |
| EPS (₹) | 4.57 | 4.32 | 2.66 | 4.50 | (0.15) | (0.81) | 0.09 |
| Balance sheet | |||||||
| Total assets | 655 | 632 | 581 | 561 | 518 | 474 | 488 |
| Net worth | 495 | 484 | 460 | 440 | 422 | 395 | 375 |
| Total debt | 159 | 148 | 121 | 121 | 94.54 | 79.05 | 96.44 |
| Cash & bank | 84.56 | 68.09 | 45.89 | 28.85 | 27.57 | 35.00 | 16.72 |
| Net working capital | 450 | 417 | 365 | 349 | 304 | 266 | 281 |
| Cash flow | |||||||
| Cash from operations | 44.18 | 33.46 | 24.60 | 14.86 | (1.53) | 30.90 | (36.93) |
| Cash from investing | (6.95) | (14.49) | (2.68) | (4.14) | 17.62 | (16.76) | 44.72 |
| Cash from financing | (19.02) | (17.36) | (19.92) | (13.45) | (18.24) | (11.54) | (17.95) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 286 | 278 | 264 | 227 | 205 | 252 | 210 | 198 |
| Revenue growth (YoY) | +39.8% | +10.5% | +25.9% | +14.7% | -11.9% | - | - | - |
| Other income | 2.03 | 3.11 | 3.00 | 1.75 | 1.92 | 2.40 | 3.52 | 2.72 |
| EBITDA | 12.41 | 11.23 | 8.96 | 9.06 | 9.74 | 10.61 | 6.88 | 8.27 |
| EBITDA margin | +4.3% | +4.0% | +3.4% | +4.0% | +4.8% | +4.2% | +3.3% | +4.2% |
| Depreciation | 2.39 | 3.67 | 2.37 | 2.37 | 2.39 | 3.51 | 2.39 | 2.31 |
| Interest | 2.76 | 4.29 | 2.68 | 2.71 | 3.04 | 3.07 | 2.50 | 2.83 |
| Profit before tax | 9.29 | 6.38 | 6.91 | 5.73 | 6.23 | 6.43 | 5.51 | 5.85 |
| Tax | 2.36 | 1.92 | 1.98 | 1.59 | 1.69 | 2.46 | 1.31 | 1.71 |
| Net profit | 6.93 | 4.46 | 4.93 | 4.14 | 4.54 | 3.97 | 4.20 | 4.14 |
| EPS (₹) | 1.75 | 1.13 | 1.25 | 1.04 | 1.15 | 1.00 | 1.06 | 1.05 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 520 | 539 | 477 | 439 | 443 | 348 | 434 |
| Revenue growth | -3.4% | +12.9% | +8.7% | -0.9% | +27.3% | -19.9% | - |
| EBITDA | 20.63 | 21.72 | 16.54 | 14.96 | 8.77 | 11.73 | 8.15 |
| EBITDA margin | +4.0% | +4.0% | +3.5% | +3.4% | +2.0% | +3.4% | +1.9% |
| Profit before tax | 17.38 | 20.02 | 12.15 | 19.83 | 4.90 | 8.33 | 5.11 |
| Net profit | 13.29 | 11.80 | 9.22 | 8.76 | 2.14 | 5.94 | 2.13 |
| Net profit margin | +2.6% | +2.2% | +1.9% | +2.0% | +0.5% | +1.7% | +0.5% |
| EPS (₹) | 3.26 | 3.67 | 2.24 | 4.33 | 0.26 | 1.48 | 0.54 |
| Balance sheet | |||||||
| Total assets | 486 | 505 | 473 | 467 | 444 | 425 | 414 |
| Net worth | 421 | 439 | 423 | 415 | 407 | 389 | 376 |
| Total debt | 64.46 | 64.96 | 49.65 | 52.53 | 36.57 | 34.98 | 37.85 |
| Cash & bank | 58.18 | 60.41 | 39.74 | 24.50 | 20.64 | 28.44 | 11.68 |
| Net working capital | 236 | 239 | 208 | 198 | 176 | 159 | 161 |
| Cash flow | |||||||
| Cash from operations | 24.90 | 38.47 | 27.65 | 10.64 | 1.20 | 25.14 | (37.04) |
| Cash from investing | (4.92) | (12.60) | (11.06) | (2.81) | 5.67 | (16.74) | 40.09 |
| Cash from financing | (12.76) | (11.16) | (16.46) | (7.87) | (9.36) | (7.29) | (11.36) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 133 | 140 | 134 | 125 | 122 | 136 | 123 | 127 |
| Revenue growth (YoY) | +9.3% | +2.7% | +9.5% | -2.1% | -20.3% | - | - | - |
| Other income | 1.63 | 1.60 | 2.83 | 1.66 | 1.86 | 1.72 | 3.23 | 3.15 |
| Total expenses | 124 | 135 | 129 | 121 | 115 | 130 | 119 | 123 |
| EBITDA | 8.61 | 4.82 | 5.44 | 4.15 | 6.22 | 6.15 | 3.96 | 4.70 |
| EBITDA margin | +6.5% | +3.5% | +4.0% | +3.3% | +5.1% | +4.5% | +3.2% | +3.7% |
| Depreciation | 1.24 | 1.29 | 1.29 | 1.33 | 1.38 | 1.33 | 1.34 | 1.35 |
| Interest | 1.53 | 1.43 | 1.46 | 1.41 | 1.61 | 1.51 | 1.36 | 1.54 |
| Profit before tax | 7.47 | 3.70 | 5.52 | 3.07 | 5.09 | 5.03 | 4.49 | 4.96 |
| Tax | 1.99 | 0.55 | 1.59 | 0.91 | 1.42 | 1.33 | 1.22 | 1.53 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 286 | 278 | 264 | 227 | 205 | 252 | 210 | 198 |
| Revenue growth (YoY) | +39.8% | +10.5% | +25.9% | +14.7% | -11.9% | - | - | - |
| Other income | 2.03 | 3.11 | 3.00 | 1.75 | 1.92 | 2.40 | 3.52 | 2.72 |
| EBITDA | 12.41 | 11.23 | 8.96 | 9.06 | 9.74 | 10.61 | 6.88 | 8.27 |
| EBITDA margin | +4.3% | +4.0% | +3.4% | +4.0% | +4.8% | +4.2% | +3.3% | +4.2% |
| Depreciation | 2.39 | 3.67 | 2.37 | 2.37 | 2.39 | 3.51 | 2.39 | 2.31 |
| Interest | 2.76 | 4.29 | 2.68 | 2.71 | 3.04 | 3.07 | 2.50 | 2.83 |
| Profit before tax | 9.29 | 6.38 | 6.91 | 5.73 | 6.23 | 6.43 | 5.51 | 5.85 |
| Tax | 2.36 | 1.92 | 1.98 | 1.59 | 1.69 | 2.46 | 1.31 | 1.71 |
| Net profit | 6.93 | 4.46 | 4.93 | 4.14 | 4.54 | 3.97 | 4.20 | 4.14 |
| EPS (₹) | 1.75 | 1.13 | 1.25 | 1.04 | 1.15 | 1.00 | 1.06 | 1.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 973 | 891 | 795 | 895 | 836 | 542 | 699 |
| Revenue growth | +9.2% | +12.1% | -11.2% | +7.1% | +54.4% | -22.5% | - |
| Other income | 9.78 | 10.67 | 7.10 | 16.94 | 8.60 | 8.37 | 11.04 |
| Total expenses | 934 | 856 | 768 | 871 | 823 | 533 | 688 |
| Employee cost | 30.44 | 27.70 | 24.67 | 23.80 | 23.60 | 31.45 | 35.19 |
| EBITDA | 38.99 | 35.03 | 27.16 | 24.12 | 13.24 | 8.47 | 11.32 |
| EBITDA margin | +4.0% | +3.9% | +3.4% | +2.7% | +1.6% | +1.6% | +1.6% |
| Depreciation | 10.80 | 10.50 | 9.77 | 10.54 | 10.93 | 9.94 | 10.14 |
| Interest | 12.72 | 11.02 | 10.65 | 8.88 | 5.90 | 5.46 | 8.81 |
| Profit before tax | 25.25 | 24.18 | 13.84 | 21.64 | 5.01 | 1.44 | 3.41 |
| Tax | 7.18 | 7.07 | 3.32 | 3.82 | 5.62 | 4.64 | 3.05 |
| Net profit | 18.64 | 15.25 | 10.91 | 11.72 | (1.40) | (3.77) | 0.36 |
| Net profit margin | +1.9% | +1.7% | +1.4% | +1.3% | -0.2% | -0.7% | +0.1% |
| EPS (₹) | 4.57 | 4.32 | 2.66 | 4.50 | (0.15) | (0.81) | 0.09 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 39.57 | 39.57 | 39.57 | 39.57 | 39.57 | 39.57 | 39.57 |
| Reserves & surplus | 455 | 444 | 420 | 400 | 383 | 355 | 336 |
| Shareholders' funds (net worth) | 495 | 484 | 460 | 440 | 422 | 395 | 375 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 143 | 132 | 104 | 71.67 | 52.31 | 43.77 | 52.62 |
| Unsecured loans | 15.91 | 16.03 | 16.60 | 49.57 | 42.23 | 35.28 | 43.82 |
| Total debt | 159 | 148 | 121 | 121 | 94.54 | 79.05 | 96.44 |
| Total liabilities | 655 | 632 | 581 | 561 | 518 | 474 | 488 |
| Assets | |||||||
| Gross block | 260 | 240 | 244 | 245 | 233 | 198 | 192 |
| Net block | 140 | 137 | 140 | 141 | 141 | 168 | 168 |
| Capital work in progress | 0.00 | 0.00 | 0.70 | 0.12 | 0.00 | 0.32 | 0.61 |
| Investments | 66.23 | 78.82 | 72.78 | 69.44 | 70.14 | 37.42 | 19.99 |
| Inventories | 148 | 129 | 131 | 145 | 104 | 105 | 133 |
| Sundry debtors | 244 | 229 | 249 | 187 | 246 | 171 | 206 |
| Cash & bank balances | 84.56 | 68.09 | 45.89 | 28.85 | 27.57 | 35.00 | 16.72 |
| Loans & advances | 51.86 | 49.19 | 76.33 | 51.04 | 61.79 | 24.38 | 40.33 |
| Total current assets | 528 | 475 | 503 | 412 | 439 | 335 | 396 |
| Total current liabilities | 78.37 | 57.96 | 137 | 62.77 | 135 | 68.87 | 114 |
| Net working capital | 450 | 417 | 365 | 349 | 304 | 266 | 281 |
| Total assets | 655 | 632 | 581 | 561 | 518 | 474 | 488 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 6.76 | 5.15 | 3.15 | 5.89 | 8.04 | 5.44 | 15.60 |
| Net cash from operating activities | 44.18 | 33.46 | 24.60 | 14.86 | (1.53) | 30.90 | (36.93) |
| Net cash from investing activities | (6.95) | (14.49) | (2.68) | (4.14) | 17.62 | (16.76) | 44.72 |
| Net cash from financing activities | (19.02) | (17.36) | (19.92) | (13.45) | (18.24) | (11.54) | (17.95) |
| Net change in cash | 18.21 | 1.61 | 2.00 | (2.73) | (2.15) | 2.60 | (10.16) |
| Closing cash | 84.56 | 68.09 | 45.89 | 28.85 | 27.57 | 35.00 | 16.72 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +9.2% | +12.1% | -11.2% | +7.1% | +54.4% | -22.5% | - |
| EBITDA growth | +11.3% | +29.0% | +12.6% | +82.2% | +56.3% | -25.2% | - |
| PBT growth | +4.4% | +74.7% | -36.0% | +331.9% | +247.9% | -57.8% | +20.1% |
| Net income growth | +22.2% | +39.8% | -6.9% | +937.1% | +62.9% | -1147.2% | - |
| Revenue CAGR (3Y) | +2.8% | +2.2% | +13.7% | +8.6% | +0.6% | -9.8% | -0.6% |
| EBITDA CAGR (3Y) | +17.4% | +38.3% | +47.5% | +28.7% | +109.5% | +102.5% | +51.1% |
| Profitability & leverage | |||||||
| Net income margin | +1.9% | +1.9% | +1.3% | +2.0% | -0.1% | -0.6% | +0.1% |
| Return on capital employed | +5.9% | +5.7% | +4.1% | +4.1% | 0.0% | 0.0% | +2.2% |
| Return on net worth | +3.7% | +3.5% | +2.2% | +2.6% | 0.0% | 0.0% | +0.1% |
| Debt / equity | 0.31 | 0.28 | 0.27 | 0.25 | 0.21 | 0.23 | 0.28 |
| Long-term debt / equity | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.05 | 0.04 |
| Interest cover | 45.12 | 44.92 | 61.24 | 65.39 | 255.41 | -371.43 | 746.61 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.90 | 3.68 | 3.25 | 3.74 | 3.88 | 2.78 | 3.91 |
| Inventory turnover | 7.01 | 6.84 | 5.77 | 7.21 | 8.03 | 4.57 | 5.63 |
| Debtors turnover | 4.12 | 3.73 | 3.65 | 4.13 | 4.01 | 2.88 | 2.95 |
| EPS (₹) | 4.57 | 4.32 | 2.66 | 4.50 | (0.15) | (0.81) | 0.09 |
| Dividend per share (₹) | 1.00 | 1.00 | 0.60 | 0.60 | 0.25 | 0.60 | 0.50 |
| Book value per share (₹) | 125.10 | 122.31 | 116.17 | 111.08 | 106.73 | 99.75 | 94.82 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 133 | 140 | 134 | 125 | 122 | 136 | 123 | 127 |
| Revenue growth (YoY) | +9.3% | +2.7% | +9.5% | -2.1% | -20.3% | - | - | - |
| Other income | 1.63 | 1.60 | 2.83 | 1.66 | 1.86 | 1.72 | 3.23 | 3.15 |
| Total expenses | 124 | 135 | 129 | 121 | 115 | 130 | 119 | 123 |
| EBITDA | 8.61 | 4.82 | 5.44 | 4.15 | 6.22 | 6.15 | 3.96 | 4.70 |
| EBITDA margin | +6.5% | +3.5% | +4.0% | +3.3% | +5.1% | +4.5% | +3.2% | +3.7% |
| Depreciation | 1.24 | 1.29 | 1.29 | 1.33 | 1.38 | 1.33 | 1.34 | 1.35 |
| Interest | 1.53 | 1.43 | 1.46 | 1.41 | 1.61 | 1.51 | 1.36 | 1.54 |
| Profit before tax | 7.47 | 3.70 | 5.52 | 3.07 | 5.09 | 5.03 | 4.49 | 4.96 |
| Tax | 1.99 | 0.55 | 1.59 | 0.91 | 1.42 | 1.33 | 1.22 | 1.53 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 520 | 539 | 477 | 439 | 443 | 348 | 434 |
| Revenue growth | -3.4% | +12.9% | +8.7% | -0.9% | +27.3% | -19.9% | - |
| Other income | 7.95 | 9.48 | 6.08 | 15.51 | 6.22 | 4.91 | 7.57 |
| Total expenses | 500 | 517 | 460 | 424 | 434 | 336 | 426 |
| Employee cost | 18.20 | 17.28 | 16.02 | 15.79 | 14.91 | 15.57 | 18.91 |
| EBITDA | 20.63 | 21.72 | 16.54 | 14.96 | 8.77 | 11.73 | 8.15 |
| EBITDA margin | +4.0% | +4.0% | +3.5% | +3.4% | +2.0% | +3.4% | +1.9% |
| Depreciation | 5.29 | 5.37 | 5.01 | 6.19 | 6.23 | 4.65 | 4.61 |
| Interest | 5.91 | 5.81 | 5.46 | 4.45 | 3.86 | 3.66 | 6.00 |
| Profit before tax | 17.38 | 20.02 | 12.15 | 19.83 | 4.90 | 8.33 | 5.11 |
| Tax | 4.47 | 5.49 | 3.30 | 2.71 | 3.89 | 2.47 | 2.99 |
| Net profit | 13.29 | 11.80 | 9.22 | 8.76 | 2.14 | 5.94 | 2.13 |
| Net profit margin | +2.6% | +2.2% | +1.9% | +2.0% | +0.5% | +1.7% | +0.5% |
| EPS (₹) | 3.26 | 3.67 | 2.24 | 4.33 | 0.26 | 1.48 | 0.54 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 39.57 | 39.57 | 39.57 | 39.57 | 39.57 | 39.57 | 39.57 |
| Reserves & surplus | 381 | 400 | 384 | 375 | 367 | 350 | 336 |
| Shareholders' funds (net worth) | 421 | 439 | 423 | 415 | 407 | 389 | 376 |
| Secured loans | 56.69 | 56.81 | 41.90 | 12.13 | 3.56 | 10.11 | 5.62 |
| Unsecured loans | 7.77 | 8.15 | 7.75 | 40.40 | 33.01 | 24.87 | 32.23 |
| Total debt | 64.46 | 64.96 | 49.65 | 52.53 | 36.57 | 34.98 | 37.85 |
| Total liabilities | 486 | 505 | 473 | 467 | 444 | 425 | 414 |
| Assets | |||||||
| Gross block | 65.70 | 63.13 | 58.73 | 59.17 | 59.88 | 57.09 | 53.87 |
| Net block | 41.29 | 40.54 | 40.27 | 38.75 | 40.17 | 43.19 | 44.48 |
| Capital work in progress | 0.00 | 0.00 | 0.70 | 0.12 | 0.00 | 0.00 | 0.28 |
| Investments | 180 | 180 | 175 | 170 | 170 | 154 | 143 |
| Inventories | 63.25 | 60.66 | 64.67 | 65.62 | 38.17 | 38.82 | 48.88 |
| Sundry debtors | 103 | 98.20 | 82.18 | 78.80 | 95.55 | 97.54 | 104 |
| Cash & bank balances | 58.18 | 60.41 | 39.74 | 24.50 | 20.64 | 28.44 | 11.68 |
| Loans & advances | 46.97 | 45.28 | 47.74 | 47.62 | 49.64 | 13.96 | 29.89 |
| Total current assets | 272 | 265 | 234 | 217 | 204 | 179 | 195 |
| Total current liabilities | 35.56 | 25.30 | 26.52 | 18.14 | 27.98 | 20.08 | 33.64 |
| Net working capital | 236 | 239 | 208 | 198 | 176 | 159 | 161 |
| Total assets | 486 | 505 | 473 | 467 | 444 | 425 | 414 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.35 | 0.24 | 0.11 | 0.11 | 2.60 | 1.49 | 9.80 |
| Net cash from operating activities | 24.90 | 38.47 | 27.65 | 10.64 | 1.20 | 25.14 | (37.04) |
| Net cash from investing activities | (4.92) | (12.60) | (11.06) | (2.81) | 5.67 | (16.74) | 40.09 |
| Net cash from financing activities | (12.76) | (11.16) | (16.46) | (7.87) | (9.36) | (7.29) | (11.36) |
| Net change in cash | 7.22 | 14.71 | 0.13 | (0.04) | (2.49) | 1.11 | (8.31) |
| Closing cash | 58.18 | 60.41 | 39.74 | 24.50 | 20.64 | 28.44 | 11.68 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -3.4% | +12.9% | +8.7% | -0.9% | +27.3% | -19.9% | - |
| EBITDA growth | -5.0% | +31.3% | +10.6% | +70.6% | -25.2% | +43.9% | - |
| PBT growth | -13.2% | +64.8% | -38.7% | +304.7% | -41.2% | +63.0% | +1.4% |
| Net income growth | +12.6% | +28.0% | +5.3% | +309.4% | -64.0% | +178.9% | - |
| Revenue CAGR (3Y) | +5.9% | +6.8% | +11.1% | +0.4% | -6.3% | -15.0% | -8.2% |
| EBITDA CAGR (3Y) | +11.3% | +35.3% | +12.1% | +22.4% | +28.5% | +44.0% | +17.5% |
| Profitability & leverage | |||||||
| Net income margin | +2.5% | +2.7% | +1.9% | +3.9% | +0.2% | +1.7% | +0.5% |
| Return on capital employed | +4.7% | +4.8% | +3.7% | +3.1% | +3.1% | +2.7% | +2.5% |
| Return on net worth | +3.0% | +2.7% | +2.1% | +2.1% | +0.5% | +1.5% | +0.5% |
| Debt / equity | 0.15 | 0.13 | 0.12 | 0.11 | 0.09 | 0.10 | 0.14 |
| Long-term debt / equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Interest cover | 38.53 | 35.54 | 47.35 | 50.74 | 151.97 | 51.69 | 169.49 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 8.08 | 8.84 | 8.09 | 7.37 | 7.57 | 6.27 | 9.14 |
| Inventory turnover | 8.40 | 8.60 | 7.32 | 8.45 | 11.50 | 7.93 | 8.55 |
| Debtors turnover | 5.17 | 5.97 | 5.93 | 5.03 | 4.58 | 3.45 | 3.80 |
| EPS (₹) | 3.26 | 3.67 | 2.24 | 4.33 | 0.26 | 1.48 | 0.54 |
| Dividend per share (₹) | 1.00 | 1.00 | 0.60 | 0.60 | 0.25 | 0.60 | 0.50 |
| Book value per share (₹) | 106.37 | 111.06 | 106.96 | 104.76 | 102.75 | 98.42 | 95.01 |
To see the full year-wise statements and ratios of Sicagen India Limited, buy the company report.
Board of directors of Sicagen India Limited
Sicagen India has 6 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chidambaram Ashwin Muthiah | Director | 10 Dec 2012 | 13 Years 10 Months | Current |
| Rita Chandrasekar Also directs: Southern Petrochemical Industries Corporation Limited, Tamilnadu Petroproducts Limited, Mercantile Ventures Limited and 1 more | Director | 28 Jun 2017 | 9 Years 3 Months | Current |
| Chandrasekar Also directs: Manali Petrochemicals Limited, Manali Speciality Private Limited, Pennwhite India Private Limited and 2 more | Director | 09 Aug 2018 | 8 Years 2 Months | Current |
| Govindarajan Dattatreyan Sharma Also directs: Tamilnadu Petroproducts Limited, Tuticorin Alkali Chemicals and Fertilizers Limited, Manali Petrochemicals Limited and 3 more | Director | 11 Aug 2024 | 2 Years 2 Months | Current |
| Batchu Sai Purshotham | Director | 11 Aug 2024 | 2 Years 2 Months | Current |
| Prasanna Joshi | Additional Director | 14 May 2026 | 0 Years 5 Months | Current |
Peer comparison
Sicagen India Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution, Electronic Appliances Retail and Distribution, Industrial Packaging), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sicagen India Limited this company | ₹973.48 Cr (FY 2026) | 9.2% | 306 | Chennai, Tamil Nadu, India | ||
| General Commodities Private Limited | ₹916.95 Cr (FY 2024) | 58.0% | Bangalore, Karnataka, India | |||
| Lagrowth Associates Private Limited | ₹916.4 Cr (FY 2022) | 48.0% | Delhi, India | |||
| Casio India Co. Private Limited | ₹907.64 Cr (FY 2025) | 15.0% | New Delhi, Delhi, India | |||
| Pasa Resources Private Limited | ₹884.14 Cr (FY 2025) | -11.0% | Ranchi, Jharkhand, India |
To see the full peer comparison of Sicagen India Limited, buy the company report.
Auditor
Sicagen India Limited is audited by SRSV & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRSV & Associates | FY 2023 | 015041S |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 61.10%, foreign institutional investors hold 2.50%, domestic institutional investors hold 0.50% and retail and other public shareholders hold 35.90%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 61.10% | 61.10% | 61.10% | 61.10% |
| Public | 38.90% | 38.90% | 38.90% | 38.90% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2022 | 100598776 | Hdfc Bank Limited | ₹45 Cr | Open | |
| 27 Apr 2022 | 100574631 | Axis Bank Limited | ₹30 Cr | Open | |
| 28 Dec 2019 | 100323919 | Tata Capital Financial Services Limited | ₹10 Cr | Satisfied | |
| 01 Feb 2016 | 10620489 | Infrastructure Leasing and Financial Services Limited | ₹16 Cr | Satisfied | |
| 05 Dec 2014 | 10539718 | Andhra Bank | ₹1.37 Cr | Satisfied |
To see the full charge records of Sicagen India Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Sicagen India Limited has 29 deals on record (29 market trades); the latest was in August 2026.
Deals on record (5 of 29)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Market trade | ₹4.12 Cr | Buyer: Ami Holdings Private Limited |
| Sep 2024 | Market trade | ₹3.65 Cr | Buyer: Ami Holdings Private Limited |
| Aug 2024 | Market trade | ₹3.04 Cr | Buyer: Ami Holdings Private Limited |
| Aug 2024 | Market trade | ₹2.73 Cr | Buyer: Ami Holdings Private Limited |
| Aug 2024 | Market trade | ₹2.74 Cr | Buyer: Ami Holdings Private Limited |
To see the full deal history of Sicagen India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sicagen India Limited has 952 court cases on record: 905 filed by Sicagen India, 47 filed against it. 105 cases are pending and 847 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 816 | 9 | 98 |
| High courts | 119 | 31 | 6 |
| NCLT | 9 | 0 | 1 |
| NCLAT | 6 | 6 | 0 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 952)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S.Vme Precast Pvt Ltd and 2 others | Disposed |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed against the company by Marg Properties Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal complaint | Filed by the company against Sakthivel M/S Fine Tech Engineers | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The Union of India | Pending |
To see the full case history of Sicagen India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Sicagen India Limited was last rated by Acuite on 30 Apr 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Acuite | 30 Apr 2026 |
To see the full credit ratings and regulatory alerts of Sicagen India Limited, buy the company report.
MSME payment delays
Sicagen India Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 4 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Welltech Industries | |||
| Rawalwasia Steel Plant Limted | |||
| Pulkit Metals Private Limited | |||
| Avudai Surface Treatments Private Limited |
To see the full MSME payment records of Sicagen India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sicagen India has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Danish Steel Cluster Private Limited | U02710KA2004PTC033200 | |
| South India House Estates and Properties Limited | U65993TN1981PLC009029 |
To see the full group structure of Sicagen India Limited, buy the company report.
Employees & EPFO
Sicagen India Limited has a workforce of 306 employees on its EPFO records as of Apr 09, 2024, across 3 active EPFO establishments.
GST
Sicagen India has 18 GST registrations: 10 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCS5770J1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAKCS5770J2ZY | Tamil Nadu | Active | 28 Oct 2017 |
| 07AAKCS5770J2ZT | Delhi | Active | 01 Jul 2017 |
| 21AAKCS5770J1Z4 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sicagen India Limited, buy the company report.
Recent activity
Sicagen India Limited has 54 board changes on record since 2004: 31 appointments and 23 cessations. The latest: Prasanna Joshi was appointed as Additional Director on 14 May 2026.
70 earlier events are in the company report.
News
Frequently asked questions
Sicagen India is an active public limited company based in Chennai, Tamil Nadu, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 11 June 2004 (22+ years old) and is registered under CIN L74900TN2004PLC053467. Listed on BSE: 533014 and NSE: SICAGEN.
Sicagen India reported revenue of ₹973.48 Cr for FY 2025-26 (up 9.2% YoY) based on consolidated financials.
Sicagen India has 6 current directors:
- Chidambaram Ashwin Muthiah - Director
- Rita Chandrasekar - Director
- Chandrasekar - Director
- Govindarajan Dattatreyan Sharma - Director
- Batchu Sai Purshotham - Director
- Prasanna Joshi - Additional Director
The latest financial statements of Sicagen India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sicagen India is 33AAKCS5770J1ZZ, registered in Tamil Nadu. The company has 18 GST registrations in all, of which 10 are active and 8 are cancelled or inactive. Other active GSTINs include 33AAKCS5770J2ZY (Tamil Nadu), 07AAKCS5770J2ZT (Delhi), 21AAKCS5770J1Z4 (Odisha).
The CIN (Corporate Identification Number) of Sicagen India is L74900TN2004PLC053467. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Sicagen India is listed on both BSE (code: 533014) and NSE (symbol: SICAGEN).
Sicagen India has 952 court cases on record: 905 filed by the company and 47 filed against it. 105 are pending. Most are in the district courts.
Sicagen India was incorporated on 11 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.
Sicagen India has 29 deals on record (29 market trades); the latest was in August 2026.
The peers of Sicagen India by revenue are General Commodities Private Limited, Lagrowth Associates Private Limited, Casio India Co. Private Limited, Pasa Resources Private Limited, all in the Metals and Minerals industry (Construction Materials Retail and Distribution, Electronic Appliances Retail and Distribution, Industrial Packaging), with the same principal business activity (wholesale trading).
Prasanna Joshi was appointed as Additional Director on 14 May 2026. Kannan Lalitha was appointed as CFO on 18 Nov 2025. Muthukarruppan Oppilamani Ayyappan ceased to be CFO on 31 Oct 2025. Sicagen India has 54 board changes on record in total.