Singer India Limited announced its financial results for the quarter and year ended March 31, 2026. In the fourth quarter, the company reported a significant revenue growth of 37%, reaching ₹166.3 crore. Profit Before Tax (PBT) increased by 43% to ₹8 crore, and EBITDA grew by 49% to ₹9.3 crore. For the full financial year, revenue stood at ₹557 crore, marking a 29% increase compared to the previous year. EBITDA for the year grew by 70% to ₹21.5 crore, and PBT increased by 73% to ₹17.3 crore. The company noted a one-time exceptional cost of ₹73 lakh due to changes in the labor code. Adjusted for this, EBITDA increased by 76% to ₹22.2 crore and PBT by 80% to ₹18.1 crore. The company highlighted strong growth across all channels and categories, attributing it to innovative products, dealer engagement, value selling, and improved service levels. The Sewing Machine segment showed robust growth, with Q4 revenue up by approximately 45% and full-year revenue up by over 40%. Zigzag machines and industrial sewing machines also performed well. The Appliances segment faced pressure due to unfavorable weather, inventory issues, and muted demand, though it saw a 10% revenue growth in Q4, driven by new e-commerce products and the Fan Business. The company is focusing on reducing dependence on high-cost channels and strengthening its e-commerce presence. Singer India is also expanding its manufacturing capabilities, with plans to commence production of ZigZag machines at a new leased factory in Bhiwadi, Rajasthan, from the second half of the year. The company anticipates a total capital expenditure of up to ₹90 crore over three years for these expansion plans. The transcript of the Investor Conference Call held on May 29, 2026, discussing these results, has been made available.
