Annual Report for the Financial Year 2024-25
SINGERIND · price
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Awaiting price reaction for this filing.
Singer India has filed its 47th AGM notice (scheduled for August 5, 2025 via video conference) along with the Annual Report for FY2024-25. Revenue was broadly flat at around Rs. 431.7 crore, but profit after tax jumped about 64% YoY to roughly Rs. 7.4 crore, helped by a gross margin lift to 28.3% and better product mix. The company expanded its brand portfolio by adding licensed premium sewing brands HUSQVARNA VIKING and PFAFF for India, launched new sewing models with DSBB/SLBB technology, and entered the cooling segment with the CloudX bladeless fan. It also opened two new SINGER Experience Centres in Delhi and Mumbai, and scaled up digital service through SINGER Live Assist, which now handles over 20% of service interactions virtually. Sewing machines remain the core (Rs. 319 crore revenue) while home and kitchen appliances contributed Rs. 112 crore, with e-commerce sewing sales growing 35%.
Positive profitability improvement and margin expansion signal operational resilience, though tepid top-line growth means the stock narrative will hinge on whether the appliance expansion and new Experience Centres translate into stronger revenue in FY26. For shareholders, this is a routine annual report filing with no dividend or major capital action flagged in the notice.