Sikko Industries Ltd. (SIKKO) AI Stock Analysis

• Market Cap: ₹2.11B
• Dividend Yield: N/A
• Average Volume (3M): 164.78K
• Price to Earnings (P/E): 38.5
• Beta (1Y): 1.42
• Revenue Growth: 2.23%
• EPS Growth: -20.10%
• Country: IN
• Employees: 64
• Sector: Services
• Sector Strength: N/A
• Industry: Agricultural Inputs
• EPS (TTM): 1.00
• Shares Outstanding: 21,840,000
• 10 Day Avg. Volume: 122,582
• 30 Day Avg. Volume: 164,776
• PEG Ratio: -72.27
• Price to Book (P/B): 1.57
• Price to Sales (P/S): 2.07
• P/FCF Ratio: -3.11
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹91.00
• Price Target Upside: -5.79% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 56 Neutral
• Price Target: ₹91.00 ▼(-5.79% Downside)

The overall stock score for Sikko Industries Ltd. is primarily influenced by its financial performance and technical analysis. While the company shows potential for revenue growth, challenges in profitability and cash flow management pose risks. Technical indicators suggest strong momentum but also highlight overbought conditions, indicating caution. The high P/E ratio suggests overvaluation, further impacting the stock's attractiveness.

Sikko Industries Ltd. Business Overview & Revenue Model

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.

How the Company Makes Money

Sikko Industries Ltd. generates revenue primarily through the sale of its agrochemical products, including fertilizers and pesticides, to farmers and agricultural enterprises. The company leverages both direct sales and distribution channels to reach its customers. In addition to product sales, SIKKO earns income from its consultancy services, providing expertise in organic farming practices to help farmers transition to more sustainable agriculture methods. Significant partnerships with agricultural distributors and retailers enhance its market reach and contribute to its earnings. The company's diversified product portfolio and focus on innovation in sustainable agriculture practices are key drivers of its revenue growth.

Sikko Industries Ltd. Financial Statement Overview

Summary

Sikko Industries Ltd. shows growth in revenue over the years but faces challenges in maintaining profitability consistency. The balance sheet remains stable with a healthy equity ratio, though cash flow issues could pose risks if not addressed. Overall, the company exhibits potential for growth but needs to focus on improving profitability and cash flow management to ensure long-term financial health.

Income Statement

The company has demonstrated a steady revenue growth with a notable increase from 2020 to 2025. However, the net profit margin has been inconsistent, showing fluctuations which suggest volatility in profitability. The gross profit margin has declined over the years, indicating rising cost pressures. The EBIT and EBITDA margins have also shown variability, reflecting operational challenges.

Balance Sheet

The debt-to-equity ratio remains manageable, indicating a controlled leverage situation. The company's equity ratio suggests solid asset backing by shareholder equity. However, the return on equity is moderate, indicating room for improvement in generating returns for shareholders.

Cash Flow

The cash flow situation is concerning with negative free cash flow observed in multiple periods, indicating potential liquidity issues. The operating cash flow to net income ratio shows volatility, questioning the sustainability of earnings. The free cash flow to net income ratio is also not favorable, suggesting challenges in converting profits to cash.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	639.74M	617.48M	612.87M	494.62M	507.98M	388.41M
Gross Profit	175.54M	115.68M	163.28M	84.21M	113.46M	87.09M
EBITDA	77.97M	71.00M	75.61M	50.85M	37.61M	45.37M
Net Income	47.01M	42.71M	40.64M	28.93M	18.77M	25.98M
Balance Sheet
Total Assets	0.00	1.08B	516.91M	454.95M	366.96M	446.51M
Cash, Cash Equivalents and Short-Term Investments	1.39M	1.96M	823.00K	1.31M	2.03M	1.36M
Total Debt	0.00	41.16M	58.90M	86.14M	16.37M	67.80M
Total Liabilities	-813.83M	267.38M	238.17M	216.85M	155.26M	253.58M
Stockholders Equity	813.83M	813.83M	278.75M	238.10M	211.70M	192.93M
Cash Flow
Free Cash Flow	0.00	-409.90M	4.43M	-61.47M	57.59M	-1.60M
Operating Cash Flow	0.00	-311.57M	13.88M	-40.46M	63.64M	2.41M
Investing Cash Flow	0.00	-162.50M	8.70M	-19.54M	-6.11M	-3.94M
Financing Cash Flow	0.00	474.63M	-34.89M	62.83M	-56.86M	-1.41M

Sikko Industries Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 96.59
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SIKKO, the sentiment is Positive. The current price of 96.59 is above the 20-day moving average (MA) of 83.27, above the 50-day MA of 75.18, and above the 200-day MA of 80.17, indicating a bullish trend. The MACD of 6.55 indicates Negative momentum. The RSI at 70.75 is Negative, neither overbought nor oversold. The STOCH value of 77.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SIKKO.

Sikko Industries Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AUSOMENT	71 Outperform	₹1.39B	4.98	―	0.96%	8.77%	144.40%
MAHESHWARI	70 Outperform	₹1.67B	8.99	―	―	-3.46%	35.66%
SECMARK	70 Outperform	₹1.16B	36.47	―	―	38.64%	643.78%
SIKKO	56 Neutral	₹2.11B	38.52	―	―	2.23%	-20.10%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
HPIL	54 Neutral	₹1.43B	96.71	―	0.40%	15.87%	15.46%