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Signify Innovations India Limited
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Registered Details

SIGNIFY INNOVATIONS INDIA LIMITED

All Companies ›

West Bengal ›

Business Services ›

Active

Updated: 07 Aug 2025

The company is engaged in development, manufacturing, and exporting of innovative (LED) lighting solutions.

Signify Innovations India Limited, is an unlisted public company incorporated on 22 April, 2015. It is classified as a public limited company and is located in , West Bengal. It's authorized share capital is INR 58.00 cr and the total paid-up capital is INR 57.52 cr.

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Industry and products

Business Services

Ceiling Lights, Flood LED Lights, Street LED Lights, Emergency Lights, Pedestal Lights, Spot Lights, LED Downlighters

Company size

Auth Capital

₹ 58.0 Cr

Paidup Capital

₹ 57.5 Cr

Revenue

₹ 3000-3250 cr

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue

-1.01%

₹ 3,097.9

EBITDA

3.78%

₹ 447.7

Net Profit

0.86%

₹ 269.0

Networth

-14.54%

₹ 549.0

Borrowings

₹ -

Assets

-6.3%

₹ 1,602.9

Gross Margin

3.08

48.6 %

Operating Margin

0.7

14.6 %

Net Profit Margin

0.16

8.7 %

Return on Equity

7.48

49.0 %

ROCE

16.53

82.3 %

Debt to Equity

0.0

Sales

Mar 2024

Net worth

Mar 2024

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Locations

India (30)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Whole-time Director	Dibyendu Raychaudhury	09747317	3 years
Director	Vinayak Kashinath Deshpande	00036827	9 years
Managing Director	Sumit Padmakar Joshi	07018906	8 years
Whole-time Director	Vikas Malhotra	09253036	4 years
Director	Sangeeta Tanwani	03321646	5 years
Director	Dilip Jose Puthiyidathu	03591692	3 years

Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	2,898.4	2,502.5	2,794.6	3,106.3	3,068.7
Operating profit	322.6	311.0	374.5	431.4	447.7
Net profit	181.7	267.6	231.9	266.7	269.0
Gross margin	41.1	43.6	45.8	45.5	48.6
Operating margin	11.1	12.4	13.4	13.9	14.6
Net margin	6.2	10.6	8.2	8.5	8.7
Networth	499.8	720.9	592.7	642.4	549.0
Borrowings	-	-	-	-	-
Assets	1,331.7	1,848.5	1,591.2	1,710.6	1,602.9
Debt to equity	0.0	0.0	0.0	0.0	0.0
Current ratio	1.4	1.5	1.4	1.3	1.3
ROE	36.4	37.1	39.1	41.5	49.0
Days payable	103.0	192.0	146.0	141.0	144.0
WC days	33.0	75.0	50.0	38.0	29.0

Margins

Gross margin

Operating margin

Net margin

Balance Sheet

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	57.5	57.5	57.5	57.5	57.5
Reserves	442.3	663.4	535.2	584.9	491.5
Borrowings +	-	-	-	-	-
Long term borrowings	-	-	-	-	-
Short term borrowings	-	-	-	-	-
Trade payables +	479.6	743.4	605.7	655.9	620.6
Days payable	103.0	192.0	146.0	141.0	144.0
Other liabilities +	831.9	1,127.6	998.5	1,068.2	1,053.9
Other non-current liabilities	110.1	127.7	122.7	124.9	127.6
Other current liabilities	242.2	256.5	270.1	287.4	305.7
Total liabilities	1,331.7	1,848.5	1,591.2	1,710.6	1,602.9
Fixed Assets +	269.5	292.7	297.5	211.1	183.3
Tangible assets	171.6	195.6	195.0	121.8	105.6
CWIP	4.0	3.2	8.6	5.5	1.8
Intangible assets	93.9	93.9	93.9	83.8	75.9
LT loans and advances	-	-	-	-	-
Other non-current assets	82.0	43.6	32.9	232.7	249.5
Current assets +	980.2	1,512.2	1,260.8	1,266.8	1,170.1
Inventories	297.9	263.7	255.6	297.4	292.3
Trade receivables	250.2	228.0	232.8	268.8	242.4
Cash and cash equivalents	271.2	870.3	564.0	543.7	458.4
ST loans and advances	-	-	-	-	-
Other current assets	160.9	150.2	208.4	156.9	177.0
Total assets	1,331.7	1,848.5	1,591.2	1,710.6	1,602.9

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	4.32	3.11	3.61	3.36	3.59
Reserves	33.21	35.89	33.63	34.19	30.66
Borrowings +	0.0	0.0	0.0	0.0	0.0
Long term borrowings	0.0	0.0	0.0	0.0	0.0
Short term borrowings	0.0	0.0	0.0	0.0	0.0
Trade payables	36.01	40.22	38.07	38.34	38.72
Other liabilities +	62.47	61.0	62.75	62.45	65.75
Other non-current liabilities	8.27	6.91	7.71	7.3	7.96
Other current liabilities	18.19	13.88	16.97	16.8	19.07
Total liabilities
Fixed Assets +	20.24	15.83	18.7	12.34	11.44
Tangible assets	12.89	10.58	12.25	7.12	6.59
CWIP	0.3	0.17	0.54	0.32	0.11
Intangible assets	7.05	5.08	5.9	4.9	4.74
LT loans and advances	0.0	0.0	0.0	0.0	0.0
Other non-current assets	6.16	2.36	2.07	13.6	15.57
Current assets +	73.61	81.81	79.24	74.06	73.0
Inventories	22.37	14.27	16.06	17.39	18.24
Trade receivables	18.79	12.33	14.63	15.71	15.12
Cash and cash equivalents	20.36	47.08	35.44	31.78	28.6
ST loans and advances	0.0	0.0	0.0	0.0	0.0
Other current assets	12.08	8.13	13.1	9.17	11.04
Total assets

Total assets

Profit & Loss

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	2,898.4	2,502.5	2,794.6	3,106.3	3,068.7
Sales growth %	-18.92	-13.66	11.67	11.15	-1.21
Expenses +	2,642.9	2,261.4	2,489.5	2,763.4	2,727.8
Cost of goods	1,705.8	1,412.4	1,515.6	1,692.1	1,577.1
Employee cost	346.1	355.2	416.1	468.7	576.9
Other costs	523.9	423.9	488.4	514.1	467.0
Operating profit +	322.6	311.0	374.5	431.4	447.7
Operating margin %	11.1	12.4	13.4	13.9	14.6
Other income	21.1	13.2	29.8	23.3	29.2
Interest	6.3	6.4	8.8	8.8	10.7
Depreciation	60.8	63.5	60.6	79.7	96.1
Exceptional items	-0.6	88.3	-19.9	-13.0	-5.5
Profit before tax	276.0	342.6	315.0	353.2	364.6
Tax	94.3	75.0	83.1	86.5	95.6
Profit - disc. ops	-	-	-	-	-
Net profit	181.7	267.6	231.9	266.7	269.0
Net margin %	6.2	10.6	8.2	8.5	8.7

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	99.28	99.48	98.94	99.26	99.06
Expenses +	90.53	89.89	88.14	88.3	88.05
Cost of goods	58.43	56.14	53.66	54.07	50.91
Employee cost	11.85	14.12	14.73	14.98	18.62
Other costs	17.94	16.85	17.29	16.43	15.07
Operating profit	11.05	12.36	13.26	13.78	14.45
Other income	0.72	0.52	1.06	0.74	0.94
Interest	0.22	0.25	0.31	0.28	0.35
Depreciation	2.08	2.52	2.15	2.55	3.1
Exceptional items	-0.02	3.51	-0.7	-0.42	-0.18
Profit before tax	9.45	13.62	11.15	11.29	11.77
Tax	3.23	2.98	2.94	2.76	3.09
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	6.22	10.64	8.21	8.52	8.68

Revenue from operations

Ratios

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.0	0.0	0.0	0.0	0.0
Net Debt/Equity	0.0	0.0	0.0	0.0	0.0
Total Debt/Assets	0.0	0.0	0.0	0.0	0.0
Total Assets/Equity	2.7	2.6	2.7	2.7	2.9
Liquidity +
Current Ratio	1.4	1.5	1.4	1.3	1.3
Quick Ratio	0.9	1.2	1.1	1.0	0.9
Interest Coverage	51.2	48.6	42.6	49.0	41.8
Performance
Gross Margin	41.1	43.6	45.8	45.5	48.6
Operating Margin	11.1	12.4	13.4	13.9	14.6
Net Margin	6.2	10.6	8.2	8.5	8.7
Return +
Return on Equity	36.4	37.1	39.1	41.5	49.0
Pre-tax ROCE	49.6	30.7	46.0	65.8	82.3
Return on Assets	13.6	14.5	14.6	15.6	16.8
Pre-tax ROIC	52.4	34.3	53.0	54.8	64.0
Efficiency +
Days Payable	103.0	192.0	146.0	141.0	144.0
Days Inventory	64.0	68.0	62.0	64.0	68.0
Days Receivable	32.0	33.0	30.0	32.0	29.0
Fixed Asset Turnover	10.8	8.6	9.4	14.7	16.7
Total Asset Turnover	2.2	1.4	1.8	1.8	1.9
Working Capital
Cash Conversion Cycle	-7.0	-91.0	-54.0	-45.0	-47.0
Working Capital Days	33.0	75.0	50.0	38.0	29.0

Ratios

Current ratio

Debt/equity ratio

Charges on assets

Bank wise

Charges

State Bank of India

No. of Loans: 1

Total Amount : 125.0 cr

Charge Holder	Amount	Date of creation/modification
State Bank of India	125.0 cr	05 Oct, 2020

Charges

State Bank of India

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UNIVERSAL MEP PROJECTS & ENGINEERING SERVICES LIMITED	Active	1,341.8 Cr	1
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INTERNATIONAL GEMMOLOGICAL INSTITUTE (INDIA) LIMITED	Active	79.4 Cr	1	Maharashtra
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ADITYA BIRLA DIGITAL FASHION VENTURES LIMITED	Active	675.0 Cr	1
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GRASIM PREMIUM FABRIC PRIVATE LIMITED	Amalgamated	113.1 Cr	1	Maharashtra
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MANIPAL HEALTH ENTERPRISES PRIVATE LIMITED	Active	231.2 Cr	1
DIXON TECHNOLOGIES SOLUTIONS PRIVATE LIMITED	Active	1.0 L	2	Uttar Pradesh

Tofler Score

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No risks identified

Moderate Risk

No risks identified

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No risks identified

About Tofler Score

Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Registered Details

CIN

U74900WB2015PLC206100

PAN

AAICP0987G

Incorporation

2015, 10.3 years

Company Email

corporate.info@signify.com

Paid up Capital

₹ 57.5 Cr

Authorised Capital

₹ 58.0 Cr

AGM

Sep 2024

Type

Public

Others

FAQ - SIGNIFY INNOVATIONS INDIA LIMITED

What is the incorporation date of SIGNIFY INNOVATIONS INDIA LIMITED?

The incorporation date of SIGNIFY INNOVATIONS INDIA LIMITED is 22 April, 2015

What is the authorized share capital of SIGNIFY INNOVATIONS INDIA LIMITED?

The authorized share capital of SIGNIFY INNOVATIONS INDIA LIMITED is INR ₹ 58.0 Cr.

What is the paid-up capital of SIGNIFY INNOVATIONS INDIA LIMITED?

The paid-up capital of SIGNIFY INNOVATIONS INDIA LIMITED is INR ₹ 57.5 Cr.

What is the registered address of SIGNIFY INNOVATIONS INDIA LIMITED?

The registered address of SIGNIFY INNOVATIONS INDIA LIMITED is PS ARCADIA CENTRAL, 3A, 3rd floor, 4A, Abanindranath Thakur Sarani (Camac S, treet), Kolkata, Kolkata, West Bengal, India, 700017 - 700017

What is the CIN number of SIGNIFY INNOVATIONS INDIA LIMITED?

The CIN number of SIGNIFY INNOVATIONS INDIA LIMITED is U74900WB2015PLC206100.

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