Sika Interplant Systems (SIKA) had a P/E of 54.7× on 6 Nov 2026, in line with the industry P/E of 54.7×, and the shares are 20% below their 52-week high. It earns ROCE of 30% and ROE of 23%, and sales and net profit grew 52% and 61% a year over 3 years. It has almost no debt, and its dividend yield is 0.4%. It is a small-cap company with a market cap of ₹1,896 Cr, ranked 20th of 27 Aerospace & Defense companies by market cap; the shares fell 13% over the past year.
- ₹923.75
- ₹923.75
- ₹885.00
- ₹925.75
- 14.3K
Health check
- ReturnsIn line
−13.2% over a year, better than 4 of 7 peers.
- Price tagIn line
P/E 54.7 vs industry 54.7.
- GrowthStrong
Sales +52.1%, profit +60.6% a year over 3 years.
- ProfitabilityStrong
ROCE 30.4% vs peer median 20.4%.
- Balance sheetSolid
Practically debt-free.
- Red flags2 to check
Quarterly profit down 18.8% on a year ago.
Small cap
Defensive
Key metrics
- Market cap
- ₹1,896 Cr
- Small cap
- P/E
- 54.7
- Industry 54.7
- Price to book
- 11.57
- Peers 9.16
- Dividend yield
- 0.39%
- ROE
- 23.1%
- Peers 23.2%
- ROCE
- 30.4%
- Peers 20.4%
- Debt to equity
- 0.02
- Debt ₹3.44 Cr
- EPS (TTM)
- ₹16.35
- Face value ₹2
- OPM (TTM)
- 22.0%
- Net margin 18.5%
- Sales growth
- −37.0%
- Latest quarter vs a year ago
- Profit growth
- −18.8%
- Latest quarter vs a year ago
- Price to sales
- 10.19
- EV/EBITDA 43.2
Strengths and risks
Strengths
- Return on equity of 23.1%.
- Return on capital employed of 30.4%.
- Practically debt-free.
Risks to check
- Quarterly profit down 18.8% on a year ago.
- Quarterly sales down 37.0% on a year ago.
About Sika Interplant Systems
Sika Interplant Systems Limited, together with its subsidiaries, engages in manufacturing and rendering of services in engineering products and engineering projects/systems for aerospace, defense and space, and automotive sectors in India. The company offers search and rescue products, such as rescue hoists/winches and air ambulance/EMS modules; landing gear and hydraulics products; and interconnection systems, including harnesses and looms, electro…
- Headquarters
- Bengaluru
- Employees
- 57
- Sector
- Industrials
- ISIN
- INE438E01032
- Website
- sikaglobal.com
Price range
- Avg volume (3M)
- 39.2K
- 1-year return
- minus 13.2%
- From 52-week high
- minus 19.5%
Peers · Aerospace & Defense
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| HALHindustan Aeronautics | 4,980.00 | minus 1.25% | 3,33,050 | 35.7 | 28.5 | 13.8% | 25.3% | 0.00 | 6.4% | plus 7.6% |
| BELBharat Electronics | 396.00 | plus 0.23% | 2,89,467 | 45.3 | 33.7 | 31.9% | 28.2% | 0.00 | 15.5% | minus 4.8% |
| MAZDOCKMazagoan Dock Shipbuilders | 1,840.00 | plus 0.05% | 74,222 | 30.3 | 21.9 | 28.5% | 16.2% | 0.08 | 19.6% | minus 31.5% |
| BDLBharat Dynamics | 1,060.00 | minus 1.40% | 38,856 | 74.6 | 152.1 | 7.2% | 12.8% | 0.00 | −0.9% | minus 27.4% |
| COCHINSHIPCochin Shipyard | 1,220.00 | minus 1.05% | 32,096 | 47.2 | 30.3 | 16.7% | 12.6% | 0.28 | 26.9% | minus 30.3% |
| GRSEGarden Reach Shipbuilders & Engineers | 2,135.70 | minus 0.07% | 24,465 | 30.6 | 25.8 | 36.8% | 11.0% | 0.01 | 40.0% | minus 16.4% |
| DATAPATTNSData Patterns (India) | 3,767.70 | minus 4.85% | 21,093 | 87.8 | 54.8 | 20.4% | 39.6% | 0.00 | 26.8% | plus 46.6% |
| SIKASika Interplant Systems | 894.30 | minus 3.40% | 1,896 | 54.7 | 41.2 | 30.4% | 18.7% | 0.02 | 52.1% | minus 13.2% |
| Median of 7 peers | – | −1.05% | 38,856 | 45.3 | 30.3 | 20.4% | 16.2% | 0.00 | 19.6% | −16.4% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 68 | 51.6 | 50.3 | 41.3 | 42.9 | |
| 55.5 | 40.9 | 38.7 | 30.9 | 34.5 | |
| 12.5 | 10.6 | 11.6 | 10.4 | 8.3 | |
| 18.4% | 20.6% | 23.0% | 25.2% | 19.5% | |
| 1.7 | 1.5 | 1.4 | 0.5 | 2.5 | |
| 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | |
| 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | |
| 13.8 | 11.7 | 12.7 | 10.5 | 10.3 | |
| 25.2% | 23.8% | 25.2% | 25.3% | 18.7% | |
| 10.4 | 8.9 | 9.5 | 7.8 | 8.4 | |
| 4.88 | 4.22 | 4.48 | 3.69 | 3.96 |
Profit & loss
- Sales CAGR 3Y
- +52.1%
- Profit CAGR 3Y
- +60.6%
- EPS CAGR 3Y
- +60.6%
- ROE
- 23.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 60 | 106 | 148 | 211 | |
| – | +76.7% | +39.3% | +43.0% | |
| 49.5 | 86.1 | 115 | 164 | |
| 10.5 | 20 | 32.3 | 46.9 | |
| 17.5% | 18.8% | 21.9% | 22.2% | |
| 1.8 | 3.8 | −0.5 | 0.3 | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| 0.8 | 0.9 | 1.1 | 1 | |
| 0.6 | 2.5 | 2.4 | 2.6 | |
| 12.2 | 25.4 | 33.1 | 48.7 | |
| 27.7% | 23.7% | 23.4% | 25.2% | |
| 8.8 | 19.4 | 25.3 | 36.4 | |
| – | +120.2% | +30.9% | +43.8% | |
| 4.15 | 9.13 | 11.95 | 17.19 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.2 | 4.2 | 4.2 | 4.2 | |
| 81.1 | 98.9 | 120 | 151 | |
| 18.1 | 18.9 | 28.7 | 19.6 | |
| 103 | 122 | 153 | 175 | |
| 35.6 | 42.8 | 43.6 | 42.8 | |
| 0.3 | 0.3 | – | – | |
| 19.9 | 30.4 | 38.3 | 81 | |
| 22.6 | 23 | 23.4 | 26 | |
| 25.1 | 25.5 | 47.2 | 25.4 | |
| 103 | 122 | 153 | 175 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −3 | 19.7 | 7.6 | 46.9 | |
| 4.8 | −18 | −3.1 | −39.6 | |
| −2 | −1.9 | −4.3 | −5.6 | |
| −0.2 | −0.2 | 0.1 | 1.8 | |
| −0.6 | −8.1 | −3.6 | −0.4 | |
| −3.6 | 11.6 | 4.1 | 46.5 | |
| −1.7 | −1.7 | −4.2 | −5.1 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.