Singer India Ltd — Important, 20-08-2026: Company Update

Singer India posted robust Q1 results with revenue climbing 57% to 144.5 Cr, PBT up 225% to 4 Cr, and EBITDA growing 330% to 5.5 Cr. The sewing machine business surged 74%, boosted by Zigzag models and e-commerce. The company has begun manufacturing 'Made in India' Zigzag machines and is compliant with new industry quality standards, potentially strengthening its market position as imports phase out. The Bhiwadi factory is set for H2 pilot production, starting with Zigzag machines. Appliances revenue increased 15%, though segment profit was impacted by 1.2 Cr in EPR costs, with a target for EBIT breakeven next year. Cash and bank balance is 58 Cr.