Sikko Industries Limited chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 28.47
Dividend & YieldN/A₹ (N/A)
Beta 0.61
Market capitalization 502.88M
Operating cash flow N/A
ESG Scores unknown

Company description

Sikko Industries Limited manufactures and trades in bio-agro chemicals, pesticides, fertilizers, seeds, sprayers, packaging, machineries, and FMCG products for agriculture in India. It offers organic agro chemicals, such as organic pesticides and fungicides, sticking agents, organic plant growth promoters, and animal repellents; chemical fertilizer products, which include chelated, NPK, sulphur, and water soluble fertilizers; and organic agro products. The company also provides pesticides, fungicides, weedicides, and plant growth regulators; agricultural sprayers; vegetable and field crop seeds; and household products. It exports its products to Sri Lanka, Ivory Coast, Togo, Iran, Ghana, and Madagascar. The company was formerly known as Sikko Sprayers Limited and changed its name to Sikko Industries Limited in March 2010. Sikko Industries Limited was founded in 1997 and is based in Ahmedabad, India.

Sector: Basic Materials - Industry: Agricultural Inputs

Financial Ratios
Quick Ratio1.21
Working Capital0.16
Return On Equity0.13
Debt To Equity0.01
Fixed Asset Ratio0
Fixed Interest Cover7.95

Financial data

Financial Statements

Cashflow Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Change To Liabilities 12.37M -24.22M 39.85M 4.96M
Total Cashflows From Investing Activities -12.13M -5.6M -3.92M -3.94M
Net Borrowings -27.68M 48.56M -25.43M 1.47M
Total Cash From Financing Activities 16.79M 42.89M -31.14M -1.41M
Change To Operating Activities 10.66M 4.38M 18.04M -5.29M
Issuance Of Stock 46.54M
Net Income 11.79M 20.08M 24.35M 25.98M
Change In Cash -24.6M 31.16M -28.26M -2.93M
Effect Of Exchange Rate
Total Cash From Operating Activities -29.26M -6.14M 6.81M 2.41M
Depreciation 7.06M 8.4M 7.01M 5.69M
Change To Account Receivables -41.11M -27.42M -70.51M -22.1M
Other Cashflows From Financing Activities -2.07M -5.67M -5.71M -2.88M
Change To Netincome 3.15M 4.15M 5.33M 2M
Capital Expenditures -12.16M -5.48M -3.95M -4.01M

Income Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Research Development
Income Before Tax 25.06M 25.36M 34.1M 36.59M
Net Income 11.79M 20.08M 24.35M 25.98M
Selling General Administrative 25.68M 35.54M 34.85M 29.67M
Gross Profit 80.98M 115.2M 131.42M 101.91M
Ebit 21.12M 27.06M 36.49M 22.72M
Operating Income 21.12M 27.06M 36.49M 22.72M
Interest Expense -1.87M -4.08M -5.34M -2.86M
Income Tax Expense 13.27M 5.29M 9.74M 10.61M
Total Revenue 256.65M 268.92M 319.87M 396.58M
Cost Of Revenue 175.67M 153.73M 188.45M 294.67M
Total Other Income ExpenseNet 3.94M -1.7M -2.39M 13.86M
Net Income From Continuing Ops 11.79M 20.08M 24.35M 25.98M
Net Income Applicable To Common Shares 11.79M 20.08M 24.35M 25.98M

Balance Sheet Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Total Liabilities 150.07M 192.6M 221.81M 253.58M
Total Stockholder Equity 121.44M 143.06M 167.39M 192.93M
Other Current Liabilities 26.06M 40.96M 55.1M 77.35M
Total Assets 271.51M 335.66M 389.2M 446.51M
Common Stock 56M 56M 56M 112M
Other Current Assets 42.7M 59.77M 58.26M 89.27M
Retained Earnings 34.9M 56.52M 80.86M 80.93M
Treasury Stock
Cash 1.39M 32.55M 4.29M 1.36M
Total Current Liabilities 140.97M 187.09M 218.06M 251.73M
Other Stockholder Equity
Property, Plant, and Equipment 39.84M 37.22M 34.44M 32.78M
Total Current Assets 229.76M 296.66M 353.26M 412.51M
Net Tangible Assets 120.37M 142.28M 166.91M 192.71M
Net Receivables 94.72M 122.12M 192.63M 214.73M
Accounts Payable 74.22M 50M 89.84M 94.81M


Insider Transactions

Here are the insider transactions of stock shares related to Sikko Industries Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Sikko Industries Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Sikko Industries Limited

Here is the result of two systematic investment strategies applied to Sikko Industries Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Sikko Industries Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Sikko Industries Limited:

Sikko Industries Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -3.59% on the backtest period.

Performance at glance

Performance

-3.59 %

Latent gain

-9.5 ₹

Invested capital

264.5 ₹

Annualized return

-9.97 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Sikko Industries Limited

This is the result of two momentum investment strategies applied to Sikko Industries Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Sikko Industries Limited

The following chart shows all the entries opened by the momentum investment system on Sikko Industries Limited:

Sikko Industries Limited momentum entries
  • The first momentum investment strategy would give -6.42% of return on Sikko Industries Limited. That represents -17.5₹ of latent gain with 272.5₹ of employed capital.
  • The second momentum investment strategy would give 0% of return on Sikko Industries Limited. That represents 0.0₹ of latent gain with 0.0₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

-6.42 %

Latent gain

-17.5 ₹

Invested capital

272.5 ₹

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

-0.0 %

Momentum equity curve on Sikko Industries Limited

The following chart shows the equity curve of the two momentum strategies applied to Sikko Industries Limited:

Sikko Industries Limited momentum equity

Note: the dividends potentially given by Sikko Industries Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Sikko Industries Limited

The following chart shows the employed capital evolution of the two momentum strategies on Sikko Industries Limited since the beginning:

Sikko Industries Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on Sikko Industries Limited

Buy the dip entry openings on Sikko Industries Limited

Sikko Industries Limited

The performance achieved by the robo-advisor on Sikko Industries Limited is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows Sikko Industries Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Sikko Industries Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

-0.0 %

Equity curve of the strategy applied to Sikko Industries Limited

The following chart shows the result of the investment strategy applied to Sikko Industries Limited:

Sikko Industries Limited

Note: the dividends potentially given by Sikko Industries Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Sikko Industries Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Sikko Industries Limited:

Sikko Industries Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Sikko Industries Limited

In this section, I will compare the three previous investment strategies applied to Sikko Industries Limited.

Equity curve comparison on Sikko Industries Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Sikko Industries Limited investment strategy comparison

Employed capital comparison on Sikko Industries Limited

Sikko Industries Limited investment comparison

Performance comparison on Sikko Industries Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -3.59% -9.5₹ 264.5₹ -9.97%
Momentum 1 quarter -6.42% -17.5₹ 272.5₹ -53.5%
Momentum 2 quarters 0% 0.0₹ 0.0₹ -0.0%
Non-directional 0% 0.0₹ 0.0₹ -0.0%
Annualized return comparison

Automatic investment

-9.97 %

Momentum 1Q

-0.0 %

Momentum 2Q

-0.0 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Sikko Industries Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Sikko Industries Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Sikko Industries Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Sikko Industries Limited
Country India
City Ahmedabad
Address 508, Iscon Elegance
Phone 91 79 6616 8950
Website www.sikkoindia.com
FullTime employees 33
Industry Agricultural Inputs
Sector Basic Materials
Exchange XNSE
Ticker SIKKO.XNSE
Market

Sikko Industries Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown