Singer India Limited Reports Strong Q3FY26 Results with 257% YoY Profit Growth
Singer India Limited reported outstanding Q3FY26 financial performance with net profit surging 257% YoY to Rs 539 lakhs and revenue growing 52.5% to Rs 16,101 lakhs. The sewing machines segment was the primary growth driver with 76% expansion, while strategic initiatives in e-commerce and dealer engagement programs contributed significantly to the strong results.
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Singer India Limited delivered impressive financial results for the quarter ended December 31, 2025, showcasing significant growth across key performance metrics. The company's Board of Directors approved the unaudited financial results on February 12, 2026, following recommendations from the Audit Committee.
Strong Quarterly Performance
The company demonstrated robust growth in Q3FY26 with substantial improvements across revenue and profitability metrics:
| Metric: | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations: | Rs 16,101 lakhs | Rs 10,555 lakhs | +52.5% |
| Total Income: | Rs 16,283 lakhs | Rs 10,734 lakhs | +51.7% |
| Net Profit: | Rs 539 lakhs | Rs 151 lakhs | +257.0% |
| Basic EPS: | Rs 0.87 | Rs 0.24 | +262.5% |
| EBITDA: | Rs 870 lakhs | Rs 260 lakhs | +233.5% |
The exceptional performance was driven by increased demand and operational efficiency improvements, with total expenses rising proportionally to Rs 15,461 lakhs compared to Rs 10,536 lakhs in the previous year.
Nine-Month Financial Highlights
The company's nine-month performance for the period ended December 31, 2025, also showed strong momentum:
| Parameter: | 9M FY26 | 9M FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations: | Rs 39,101 lakhs | Rs 31,000 lakhs | +26.1% |
| Net Profit: | Rs 686 lakhs | Rs 334 lakhs | +105.4% |
| Total Comprehensive Income: | Rs 672 lakhs | Rs 328 lakhs | +104.9% |
| EBITDA: | Rs 1,216 lakhs | Rs 636 lakhs | +91.2% |
Segment-wise Performance Analysis
The company operates through two primary business segments with contrasting performance:
Sewing Machines and Related Accessories:
- Q3FY26 revenue: Rs 13,295 lakhs (vs Rs 7,568 lakhs in Q3FY25)
- Segment profit: Rs 1,664 lakhs (vs Rs 810 lakhs in Q3FY25)
- Nine-month revenue: Rs 31,575 lakhs (vs Rs 22,476 lakhs in 9M FY25)
- Growth driven by 76% increase in Q3 and 40% in 9M periods
Domestic Appliances:
- Q3FY26 revenue: Rs 2,806 lakhs (vs Rs 2,987 lakhs in Q3FY25)
- Segment loss: Rs 254 lakhs (vs Rs 38 lakhs loss in Q3FY25)
- Nine-month revenue: Rs 7,526 lakhs (vs Rs 8,524 lakhs in 9M FY25)
- Decline attributed to muted demand for cooling and heating products
The sewing machines segment continued to be the primary growth driver, with cast iron sewing machines growing 59% and industrial sewing machines advancing 67% in Q3.
Strategic Growth Initiatives
During Q3FY26, Singer India implemented several key strategic initiatives:
| Initiative Area: | Key Actions |
|---|---|
| E-commerce Expansion: | Revamped content and introduced new product ranges, achieving 24% growth in sewing machines and over 100% in appliances |
| Trade Channel Growth: | Launched dealer schemes and engagement programs, resulting in 34% Q3 growth and 13% 9M growth in sewing machines |
| Product Portfolio: | Introduced new ranges and maintained healthy product mix with dealer training programs |
| International Engagement: | Organized dealer engagement event in Vietnam to strengthen distributor network |
Capital Raising and Fund Utilization
During the nine-month period, Singer India raised Rs 448.55 lakhs through preferential allotment of 5,63,578 equity shares at Rs 79.59 per share. The proceeds are earmarked for:
- Expansion of manufacturing facilities
- Designing and development of tools and equipment for sewing machines
- Utilization timeline: by March 31, 2028
As of December 31, 2025, Rs 437.55 lakhs (net of expenses) remained unutilized and allocated for the specified objectives.
Regulatory and Operational Updates
The company reported an exceptional item of Rs 91 lakhs in Q3FY26 related to the one-time impact of new Labour Codes notified by the Government of India on November 21, 2025. This impact primarily arose from changes in wage definitions affecting gratuity and long-term compensated absences calculations.
Singer India has also applied for registration and listing with the National Stock Exchange of India Limited (NSE) on November 14, 2025, with the application currently under regulatory review. The company was also certified as a "Great Place to Work" for the third consecutive year, demonstrating consistent improvement across organizational parameters.
Source: Singer India Limited investor presentation for Q3FY26 quarter ended 31st December 2025
Historical Stock Returns for Singer
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.17% | +11.32% | +15.96% | +7.30% | +10.64% | +79.35% |
