Sigachi Industries Ltd

Sigachi Industries announced that the 36th Annual General Meeting(AGM) of the company will be held on 23 September 2025.Powered by Capital Market - Live

Sigachi Industries has announced the initiation of civil works for its next phase of capacity expansion'Xan advanced 12,000 MTPA Microcrystalline Cellulose (MCC) project at its Dahej SEZ unit in Gujarat. This strategic move aligns with Sigachi''s long-term vision of operational resilience, safety-first design, and continued global leadership in the excipient industry. The company said, While the investigation committee continues its work on the recent tragedy at Sigachi''s Pashamylaram unit, the Company is actively building forward. The Dahej MCC Project reflects Sigachi''s determination to rise stronger, with smarter systems, globally benchmarked safety features, and capacity augmentation focused on uninterrupted supply to its valued global clientele. Key Highlights of the Expansion Strategy: 'h 12,000 MTPA MCC Capacity to be added at Dahej SEZ, operational within 9 months. 'h Designed for Safety & Excellence: The new Spray Dryer system is being procured in consultation with reputed equipment manufacturers and safety experts. 'h Total Installed MCC Capacity will rise to 30,000 MTPA, cementing Sigachi''s position as the Largest Manufacturer in India and among the top in the world. 'h Reinforced Business Continuity: This new capacity at Dahej SEZ, along with increased production at our Jhagadia and Dahej SEZ (existing) facilities, will help us continue serving our customers without any disruption in supply.Powered by Capital Market - Live

However, revenue from operations jumped 34% year on year to Rs 128.25 crore in Q1 FY26. The company reported profit before exceptional items and tax of Rs 20.01 crore in Q1 FY26, compared to Rs 16.39 crore recorded in the same period a year ago. The firm reported exceptional loss items of Rs 121.01 crore during the quarter. EBITDA stood at Rs 24.1 crore in Q1 FY26, up 14.76% YoY. EBITDA margin declined to 18.79% in Q1 FY26 from 21.94% in Q1 FY25. Total expenses rallied 38.51% to Rs 112.18 crore in Q1 FY26, compared to Rs 80.99 crore reported in Q1 FY25. The cost of materials consumed stood at Rs 61.62 crore (up 47.28% YoY), and employee benefit expenses were at Rs 19.55 crore (up 29.13% YoY) during the period under review. Sigachi Industries has reset its strategic priorities after a recent fire at its Pashamylaram plant in Hyderabad. The company said its quick response helped minimize disruption to operations. It has now begun a strategic review with a renewed focus on safety, sustainability, and long-term growth. Meanwhile, the production of microcrystalline cellulose (MCC) from the affected plant has been shifted to Sigachi's units in Dahej and Jhagadia, Gujarat. The company said restoration work at the Hyderabad plant will begin soon, with phased recommissioning to follow. Amit Raj Sinha, managing director and chief executive officer of Sigachi Industries, said, 'Q1 FY26 has been an emotionally and operationally challenging quarter for us. The tragic incident led to the loss of lives and injuries among our workforce, and we extend our deepest condolences to all affected. Our immediate focus was on supporting families, ensuring medical care, and cooperating fully with authorities. The incident disrupted manufacturing operations, damaged plant infrastructure and inventory, and delayed shipments, impacting revenue and margins. We activated emergency protocols, launched a detailed safety audit, and have initiated phased restoration. While insurance claims have been filed, no deferred income has been accounted for. This event has prompted a comprehensive review of our operational controls and risk governance. Looking ahead, we are committed to a decisive reset, prioritizing safety, accelerating cost improvements, focusing on margin-led portfolios, and rebuilding with global standards, resilience, and transparency. With the lessons behind us and our resolve strengthened, we are confident in our ability to deliver sustainable growth and improve EBITDA margins.' Sigachi Industries is one of the leading manufacturers of microcrystalline cellulose (MCC) in the domestic as well as the international market, supplying essential molecules for pharma excipients, nutraceuticals, cosmetics, and food industries. Shares of Sigachi Industries rose 0.87% to Rs 39.46 on the BSE.Powered by Capital Market - Live

Net loss of Sigachi Industries reported to Rs 100.35 crore in the quarter ended June 2025 as against net profit of Rs 13.16 crore during the previous quarter ended June 2024. Sales rose 34.00% to Rs 128.25 crore in the quarter ended June 2025 as against Rs 95.71 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales128.2595.71 34 OPM %18.8021.96 - PBDT24.7419.54 27 PBT20.0216.39 22 NP-100.3513.16 PL Powered by Capital Market - Live

Sigachi Industries is set to strengthen its scientific and technical capabilities with the commencement of operations at its newly established R&D Center in Hyderabad. Positioned as a critical pillar of the company's innovation strategy, this R&D Center will drive end-to-end API development'from lab-scale innovation to commercialization and global regulatory filings. Commenting on this development, Amit Raj Sinha, Managing Director and CEO of Sigachi Industries stated 'By investing in end-to-end R&D capabilities and consolidating API development and analytical functions under one roof, we are not just strengthening our backward integration ' we are laying the foundation for Sigachi to emerge as a high-quality, globally competitive supplier in regulated pharmaceutical markets.' Powered by Capital Market - Live

Sigachi Industries will hold a meeting of the Board of Directors of the Company on 25 July 2025.Powered by Capital Market - Live

Sigachi Industries has received reaffirmation in credit rating at 'CARE A-/ CARE A2' with revision in outlook from 'Stable' to 'Placed on Rating Watch with Negative Implications'. Powered by Capital Market - Live

Lijo Chacko is the chief executive officer ' Middle East & Africa at Sigachi Industries. He is a cross-sectoral leader with a rich background spanning defence, industrial manufacturing, and the development sector. With a proven record in building strategic partnerships, managing complex operations, and driving organizational transformation, Lijo brings a rare blend of experience and insight to the global leadership team at Sigachi. Lijo is a graduate of the Naval College of Engineering and a certified mountaineer from the Himalayan Mountaineering Institute. He is also an alumnus of Yale University, the Jamnalal Bajaj Institute of Management Studies, the Institute of Development Studies, and the Robert Bosch Foundation. He is a fellow of the Institution of Engineers and a member of the Institute of Directors. Sigachi Industries is one of the leading manufacturers of Microcrystalline Cellulose (MCC) in the domestic as well as the international market, supplying essential molecules for pharma excipients, nutraceuticals, cosmetics and food industries. The company's consolidated net profit tanked 11.8% to Rs 13.27 crore on a 23.1% rise in revenue from operations to Rs 128.20 crore in Q4 FY25 over Q4 FY24. The scrip shed 0.93% to currently trade at Rs 44.61 on the BSE. Powered by Capital Market - Live

Aion-Tech Solutions Ltd, Innovana Thinklabs Ltd, Bharat Global Developers Ltd and Modern Threads (I) Ltd are among the other losers in the BSE's 'B' group today, 02 July 2025.Sigachi Industries Ltd lost 8.16% to Rs 42.31 at 14:31 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 33.13 lakh shares were traded on the counter so far as against the average daily volumes of 5.82 lakh shares in the past one month.Aion-Tech Solutions Ltd tumbled 5.51% to Rs 72.77. The stock was the second biggest loser in 'B' group.On the BSE, 8523 shares were traded on the counter so far as against the average daily volumes of 13681 shares in the past one month.Innovana Thinklabs Ltd crashed 5.47% to Rs 575. The stock was the third biggest loser in 'B' group.On the BSE, 3785 shares were traded on the counter so far as against the average daily volumes of 5639 shares in the past one month.Bharat Global Developers Ltd corrected 5.00% to Rs 159.75. The stock was the fourth biggest loser in 'B' group.On the BSE, 1.01 lakh shares were traded on the counter so far as against the average daily volumes of 1.54 lakh shares in the past one month.Modern Threads (I) Ltd dropped 4.99% to Rs 44. The stock was the fifth biggest loser in 'B' group.On the BSE, 77 shares were traded on the counter so far as against the average daily volumes of 242 shares in the past one month.Powered by Capital Market - Live

 Sigachi Industries press release on fire accident at Hyderabad: It is with anguish that we share details of the accident that occurred at the Sigachi Industries facility in Pashamylaram, Telangana, resulting in the loss of 40 valued team members and one that left over 33 injured. Our thoughts are with those affected by this tragic accident. Since the time of the accident, we have been coordinating the emergency response, family support, and extending cooperation with the investigation and compliance efforts. Sigachi Industries Ltd has committed to an ex-gratia compensation of INR 1-Crore to the families of the deceased, while those injured will receive full medical and rehabilitation support. As we await the results of the investigation, we would like to clarify that the accident was not caused by a reactor explosion at the plant, as mentioned in sections of the media. We will continue to send updates as we receive information from the investigations. Our plant operations will remain temporarily suspended for approximately 90 days.Powered by Capital Market - Live