Signet Industries Profile
Key Indicators
- Authorised Capital ₹ 60.00 Cr
- Paid Up Capital ₹ 40.44 Cr
- Company Age 40 Year, 23 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 948.94 Cr
- Satisfied Charges ₹ 709.96 Cr
- Revenue Growth 6.02%
- Profit Growth -40.88%
- Ebitda -1.10%
- Net Worth 3.47%
- Total Assets -1.48%
About Signet Industries
Signet Industries Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 January 1985 and has a history of 40 years. Its registered office is in Thane, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 512131 and on the National Stock Exchange(NSE) under SIGIND.
The Corporate was formerly known as Signet Fincom Ltd. The Company is engaged in the Environment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 60.00 Cr and a paid-up capital of Rs 40.44 Cr.
The company currently has active open charges totaling ₹948.94 Cr. The company has closed loans amounting to ₹709.96 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Signet Industries Limited India are Jagdish Paliwal as CFO and Preeti Choudhary as Company Secretary. Mukesh Sangla, Saurabh Sangla, Palak Malviya, and Three other members serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Signet Industries Limited offer?
Signet Industries Limited offers a wide range of products and services, including Filters & Filtration Systems, Sand Filters, Farming Tools, Equipment & Machines, Agricultural Sprayers, Battery Spray Pump, Candle, Wax Candles, Disinfectant Sprayers, Knapsack Sprayer, PVC, FRP, HDPE & Other Plastic Pipes.
Who are the key members and board of directors at Signet Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mukesh Sangla  | Managing Director | 10-Apr-1991 | Current |
| Jagdish Paliwal | CFO | 12-May-2016 | Current |
| Preeti Choudhary | Company Secretary | 30-Aug-2012 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Saurabh Sangla | Director | 07-Jul-2003 | Current |
| Mayank Shrivas | Director | 23-May-2018 | Current |
| Palak Malviya | Director | 26-Mar-2018 | Current |
| Reshma Lalwani | Director | 14-Aug-2020 | Current |
| Rahul Rajpoot | Director | 12-Aug-2023 | Current |
Financial Performance of Signet Industries.
Signet Industries Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.02% increase. The company also saw a substantial fall in profitability, with a 40.88% decrease in profit. The company's net worth moved up by a moderate rise of 3.47%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Signet Industries?
In 2022, Signet Industries had a promoter holding of 72.57% and a public holding of 27.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Worth Peripherals LimitedPalak Malviya is a mutual person
Signet Impex Private LimitedMukesh Sangla and Saurabh Sangla are mutual person
- Signet Tradelinks Private Limited
Mukesh Sangla is a mutual person
Adroit Industries (India) LimitedMukesh Sangla and Saurabh Sangla are mutual person
Viji Finance LimitedPalak Malviya is a mutual person
Swan Irrigation LlpMukesh Sangla is a mutual person
Charges (Loans)
₹948.94 Cr
₹709.96 Cr
Charges Breakdown by Lending Institutions
- Uco Bank : 879.09 Cr
- Others : 60.20 Cr
- Tata Capital Financial Services Limited : 8.60 Cr
- Hdfc Bank Limited : 1.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Nov 2023 | Others | ₹32.00 Cr | Open |
| 30 May 2023 | Others | ₹5.50 M | Open |
| 08 May 2023 | Others | ₹7.58 M | Open |
| 08 May 2023 | Others | ₹1.04 Cr | Open |
| 05 May 2023 | Others | ₹9.52 M | Open |
How Many Employees Work at Signet Industries?
Signet Industries has a workforce of 495 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Signet Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Signet Industries's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
