Singer India Reports Q1 FY2026-27 Results: Revenue Jumps 57% as Sewing Segment Drives Profit Growth
Singer India Limited, a pioneer in manufacturing and selling sewing machines for 175 years, reported strong results for the quarter ended June 30, 2026. The company’s two primary business segments are Sewing Products (under the Singer & Merritt brand) and Home Appliances (under the Singer brand).The Q1 FY2026-27 performance showed significant year-on-year growth across core metrics, highlighted by substantial increases in EBITDA and PAT within the sewing machine segment.
Key Financial Highlights for Q1 FY2026-27
Singer India reported a total revenue of INR 144.55 Cr for the quarter, marking a 57% increase compared to Q1 FY2025-26. The company achieved robust profitability in the segment.The financial performance across key indicators for Q1 FY26-27 is detailed below:
| Metric | Q1 FY27 Value (INR Cr) | Change from Last Year (%) |
|---|---|---|
| Revenue | 144.55 | Up 57% |
| PBT (Profit Before Tax) | 4.04 | Up 225% |
| EBITDA | 5.52 | Up 330% |
| PAT (Profit After Tax) | 3.00 | Up 227% |
Segment Performance and Operational Insights
The sewing machine category showed considerable strength, with trade channel growth exceeding 25% in Q1. The e-commerce channel grew by over 55%, attributed to product expansion and market share gain. The cast iron sewing machine category saw a significant surge of around 95%. Furthermore, the AZZ sewing machines continued a strong upward trajectory with over 20% growth.In contrast, the appliance segment reported business growth of 15% during Q1 versus LYQ1, driven by portfolio expansion in trade and e-commerce. The company noted that the decline in the appliance category, despite revenue growth, is being managed through organizational strengthening for market expansion into new product categories and fan business, alongside managing higher EPR costs.
The company reported improvements in Industrial Machine gross margins by 15% during Q1. Strategically, Singer India reduced its dependence on the low-margin modern trade channel to sustain overall profitability within the appliance segment.
Strategic Focus and Growth Drivers
Singer India continues to leverage extensive distribution and a pan-India service network as key growth drivers. The company maintains over 10,000+ sales points and operates 455 service points across India for both categories.The operational focus includes expansion of the e-commerce channel, portfolio expansion within high selling sewing machine categories, and introduction of new portfolios in high growth potential appliance categories. The company also highlighted key initiatives aimed at bolstering the trade channel through dealer engagement schemes.
Product Innovations and Portfolio Expansion
In terms of product mix, Singer India introduced several models across its domestic sewing machines portfolio:- FM 1307: Features a top-load bobbin system for easy loading and maintenance, alongside an automatic needle threader.
- FM 1410: Designed for standard domestic sewing and repairs with a front-loading bobbin system and length adjustment control.
- FM 3432 & FM 3532: Both feature 32 built-in stitches, suitable for decorative and creative design work, including automatic needle threader in the FM 3432.
- FM 4323: Utilizes a 40W BLDC Motor for energy-efficient, low-noise operation, suitable for denim and canvas.
New product launches outside of sewing machines included the Strom 36'' and Strom 24'', noted for their aesthetic design and double ball bearing motors. The Cheffy Mix model is built with three Stainless Steel Jars for various grinding tasks.
Five-Year P&L Trend Analysis (Rs. Crores)
The company's historical financial trends over the last five years are as follows:| Metric | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue from operation | 557.3 | 431.7 | 425.4 | 460.3 | 453.0 |
| Gross margin | 149.5 | 122.9 | 106.5 | 102.0 | 101.2 |
| EBITDA | 21.5 | 12.6 | 9.1 | 6.3 | 12.7 |
| PBT (after exceptional item) | 17.3 | 10.0 | 6.1 | 11.0 | 9.7 |
| PAT (after exceptional item) | 12.8 | 7.4 | 4.5 | 8.3 | 7.7 |
Balance Sheet Snapshot (Five-Year Trend)
Financial health indicators and balance sheet metrics spanning the last five fiscal years are presented below:| Financial Indicator | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Cash & cash equivalents (Rs. Cr) | 83 | 62 | 87 | 82 | 24 |
| Total trade payables (Rs. Cr) | 69 | 52 | 76 | 61 | 65 |
| Shareholders' equity (Rs. Cr) | 178 | 159 | 145 | 136 | 77 |
| Current Ratio (times) | 2.33 | 2.81 | 2.36 | 2.51 | 1.72 |
| Net Profit Ratio (%) | 2.29% | 1.71% | 1.06% | 1.81% | 1.69% |
| Return on Capital Employed (in %) | 9.73% | 6.45% | 4.44% | 3.13% | 13.1% |
SINGERIND Stock Price Movement
On Wednesday, shares of Singer India Limited soared, closing at ₹91.30 following a significant 19.99% climb from the previous close. The powerful performance saw the stock reach its 52-week high, with over 2.2 million shares traded throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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