Singer India Limited has published its audited financial results for the quarter and financial year ended March 31, 2026. The company reported a total income from operations of ₹56,435 lakh for the year ended March 31, 2026, compared to ₹43,867 lakh in the previous year. Net profit for the period after tax stood at ₹1,276 lakh for FY26, an increase from ₹739 lakh in FY25.

The publication was made on May 28, 2026, in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were advertised in The Financial Express (English, All Editions) and Jansatta (Hindi, Delhi Edition). The financial results were reviewed by the Audit Committee and approved by the Board of Directors on May 27, 2026.

Financial Performance

The table below summarizes the key financial metrics for the quarter and year ended March 31, 2026:

The statutory auditors, B S R & CO. LLP, issued an unmodified report on the audited financial results. The detailed results are available on the company's website and the stock exchange websites.

Rupinder Kaur, Company Secretary and Compliance Officer, submitted the communication to the stock exchanges, confirming that the clippings of the published advertisements were enclosed for the records of BSE Limited and the National Stock Exchange of India Ltd.

Singer India Limited reported a 72.7% increase in profit after tax (PAT) to ₹12.8 crore for the financial year ended March 31, 2026 (FY26), driven by strong operational performance and revenue growth. The company’s revenue from operations rose 29.1% to ₹557.3 crore in FY26, while earnings before interest, taxes, depreciation, and amortization (EBITDA) surged 70.0% to ₹21.5 crore. For the fourth quarter ended March 31, 2026 (Q4FY26), revenue increased 36.7% year-on-year to ₹166.3 crore, with PAT growing 45.7% to ₹5.9 crore. The Board of Directors has recommended a final dividend of ₹0.40 per equity share for FY26, subject to shareholder approval at the ensuing Annual General Meeting.

Financial Performance

The sewing machine segment was the primary driver of growth, recording revenue of ₹452.5 crore in FY26 compared to ₹319.3 crore in the previous year. The home appliances segment reported revenue of ₹104.8 crore, a decline from ₹112.4 crore in the prior year, attributed to muted demand for cooling and heating products. The company’s gross margin for FY26 stood at ₹149.5 crore, a 21.7% increase over the previous year.

Profit before tax (PBT) for FY26 was ₹17.3 crore, an increase of 72.6%. The financial results include an exceptional item of ₹0.73 crore relating to the one-time impact of the New Labour code. Excluding this exceptional item, PBT for FY26 stood at ₹18.1 crore, representing an 80% growth over the previous year.

Segment Results and Growth Drivers

The sewing machine category grew by over 40% in FY26, with the trade channel growing more than 15% and the e-commerce channel expanding by over 25%. The cast iron sewing machine and related accessories category grew by more than 50%, while AZZ sewing machines recorded healthy growth of 30%. The appliance segment reported 9% business growth during Q4FY26 due to a new fan line-up and e-commerce expansion.

Strategic initiatives during the year included the introduction of a new fan line-up, which resulted in a 49% growth in the fan segment during Q4FY26. The company also focused on cost optimization, reducing selling, general, and administrative (SGA) expenses as a percentage of revenue from 24% in the previous year to 21.85% in FY26, despite an absolute increase in SGA expenses of ₹17.9 crore due to organizational investments.

Operational Highlights

Singer India expanded its distribution network, reaching over 10,000 retailers and maintaining 445 service centers pan India. The company shifted its head office to the ISID campus in Vasant Kunj, Delhi, designed to foster collaboration and digital enablement. Additionally, the company listed its equity shares on the National Stock Exchange of India Limited (NSE) on March 19, 2026.