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Singer India Ltd (SINGER) Q3 2026 Earnings Call Transcript

Singer India Ltd (NSE: SINGER) Q3 2026 Earnings Call dated Feb. 13, 2026

Corporate Participants:

Rakesh KhannaVice Chairman and Managing Director

Analysts:

Unidentified Participant

Presentation:

operator

This meeting is being recorded. Can we start now? Yes, ma’. Am. Good afternoon, ladies and gentlemen. On behalf of MK Global Financial Services Limited we are pleased to welcome you all to the Q3FY25 26 Investor Conference Call of Singer India Limited. Today we have with us Mr. Rakesh Khanna, Vice Chairman and Managing Director, Singer India Limited and Mr. Subhash Chand Nagpal, Chief Financial Officer, Singer India Limited. We’ll begin the session with opening remarks from the management followed by a QA session. Over to you, sir.

Rakesh KhannaVice Chairman and Managing Director

Thank you, Mayank. And a very warm welcome to everyone joining us today. We sincerely appreciate your continued interest in our company. I trust most of you would have reviewed our quarterly financial results and investor presentation. I’m pleased to share that we have sustained our strong growth momentum. In quarter three, the revenue grew by 53% to rupees 161 crores. While EBITDA increased by 234% to rupees 8.7 crores. The PBT increased by 265% to 7.3 crore. This includes a one time exceptional cost of rupees 91 lakhs arising from the change in labor code. Adjusted for this, EBITDA stands at rupees 9.6 crores reflecting 269% and PBT stands at rupees 8.2 crores reflecting a growth of 310% for a year to date period.

Revenue stands at 391 crore or 26% higher than last year. EBITDA before exceptional item is rupees 13.1 crore. A growth of 105%. PBT before exceptional items is 10.2 crore representing a growth of 132% over last year. All sales channels delivered strong growth across sewing machine categories. Conventional black machines, zigzag machines and industrial swing machines. This performance clearly reflects the sustained initiatives we have undertaken. Consistently exciting the market with innovative products, deep engagement with dealers, training sales teams to focus on value selling rather than price led selling. Capability building for dealers and their technicians, improving service levels by reducing turnaround time through solutions like Live Assist and ensuring spares availability at dealer points.

These focused efforts are now translating into a clear preference shift towards Singer. In the sewing machines category, the appliances segment continued to remain under pressure due to unfavorable weather conditions, blocked inventory in trade and overall muted demand. We are cautiously working to reduce our dependence on high cost channels such as modern trade while strengthening our presence in the fast growing E commerce channel. Product design with E Commerce first approach are gaining good acceptance. The newly introduced Steaminator, our premium steam iron is seeing strong traction. Our exhaust fans have also been well received on E Commerce platforms and we are in the process of listing several additional products to enhance brand visibility and drive growth in the appliances segment.

I’m also happy to share that we have moved into our new office at the ISID campus in Vasant Kunst Delhi. This workspace has been designed to promote openness, a growth mindset and digital enablement while helping us attract bright young talent. This marks an important step in strengthening our organizational capabilities. Our sustained focus on building team capability and validating our progress through external assessments continues to yield positive outcomes. We have been certified as a great place to work for the third consecutive year with consistent improvement across parameters. Let me now take you through the category highlights in swing machines we recorded a robust growth of 75% in quarter three.

The trade channel itself grew by 34%. Zigzag machines, which represent the future of household swing machines, continued their strong performance with 30% YTD growth. Industrial swing machines, a large opportunity area for Singer, grew by over 65% in the quarter and 24% YTD. This is particularly noteworthy given the muted industry growth caused by US Tax impacting Indian garment manufacturers. Our growth indicates clear market share gains. With the recent conclusion of the Indo US Trade deal, we expect sentiment to improve and demand in industrial sewing machines to revive. Cast iron machines recorded impressive growth of 33% in Q3 with the trade channel.

The newly introduced Link machine which I spoke about last quarter has quickly gained acceptance as a superior household swing machine. To reiterate, the Link model is inspired by superior link mechanism used in high speed and zigzag machines for smoother operation and higher durability. We have now incorporated this feature into domestic straight stitch matrix. Our DSBB and SLBB models have received the Best Innovation award from the highly credible cii. Our newly launched embroidery machines in both single needle and multi needle categories continue to deliver encouraging results and are strengthening our trade presence and brand visibility. We have also introduced Tailor Made, a modern motorized straight stitch machine positioned as an alternative to the conventional cast iron machine at a similar price point.

This model has also gained good acceptance. Our E Commerce business continues to perform strongly delivering over 24% YTD growth in swing machines led by DSBB, TaylorMade and the Zigzag Rich. I’m pleased to share that we are clearly number one in the sewing machines category on E Commerce. We continued supplies of straight stitch swing machines and the artisan swing machines and accessories under The Pradhan Mantri Vishwakarma Rosegar Yojana as per delivery instructions received. The pending court case challenging the fairness of the tender evaluation has been dismissed by the Honorable High Court on the grounds that it lacked material basis.

Overall swing machine revenue grew by 75% in Q3 driven by broad based strength across segments and channels. In the appliances business, performance was impacted by muted demand, blocked trade inventory, rising commodity costs leading to price increases and tight dealer cash flows which also affected other categories. Revenue in appliances declined by 7% and gross margins contracted by 120 basis points primarily due to an unfavorable product mix with lower sales of high margin products. That said, our efforts in the pan category are beginning to show results. We have introduced a comprehensive range covering economy base, decorative bldc, TPW and exhaust fans and the trade response has been encouraging.

Initial traction is positive and strong. Distributors are partnering with us despite pricing disruptions due to the bee rating transition, we achieved 38% growth in fans during Q3. We are well prepared to further strengthen our position in the upcoming summer season. Some other updates regarding BIS license front for zigzag machines. We maintain adequate stock levels and are confident of ensuring uninterrupted supplies. Having secured manufacturing rights for zigzag machines, we have commenced assembly in India and are actively working toward manufacturing critical and high value components locally. To summarize, this quarter reflects strong momentum in the sewing machine business and continued headwinds in appliances.

We believe the challenges in appliances are temporary and the long term opportunities in this segment remain significant. Our initiatives in new categories and products along with our renewed focus on E commerce to strengthen appliances are beginning to deliver results. We remain firmly committed to make in India. Thank you all for your attention. We will now be happy to take your questions.

Questions and Answers:

operator

Thank you. Participants are now requested to use the raise hand option to ask their question. We will wait a minute as the question queue assembles. The first question is from Mr. Laksh. Kindly go ahead.

Unidentified Participant

Hello.

operator

Yes. You’re audible.

Unidentified Participant

Yes, sir. Just a minute, sir. Yeah. First of all, good afternoon sir and congratulations for great set of numbers. My first question, sir. The article dated 27 January 2026 by Giriraj Singh Ji titled Sewing Machine effect mentioned that 61 lakh sewing machines got imported in India in FY25 highest ever. Sir, we are unable to put a number as to how big is the sewing machine opportunity. Can you please throw some light on these numbers, sir?

Rakesh Khanna

Okay, so although there are no clear documented numbers summarized anywhere, my assessment and putting together the Numbers in the area where we are present which is the household swing machines and the single needle high speed machine, the total quantity is approximately 41 lakh per year. And broadly these numbers are 31 lakh includes the household and the artisan machines and around 10 lakh is the industrial swing machines.

Unidentified Participant

Okay. Okay sir. Okay. My next question sir, so are we seeing demand for just new industrial sewing machines or is it also replacement demand happening because of better productive machines? Sir.

Rakesh Khanna

Of course there is a lot of replacement demand but very difficult to tell you any percentage in that. The the garment manufacturers typically replace their machines in anywhere between 5 years to 8 years depending on the kind of use and the kind of quality requirements that they have. There is upgrade happening at the tailor level where tailors are moving from the straight stitch machine to artisan or from artisan machine to the high speed machine. So there is replacement happening and there is a lot of new demand also.

Unidentified Participant

Okay, sir. Okay. So my next question sir, on 20th January 2026, QCO on all extend machinery was removed. Is it a threat for us? Sir.

Rakesh Khanna

The textile machinery that you are referring to on which the QCO was there was largely the category in which we are not present today.

Unidentified Participant

Okay. So that doesn’t include sewing machine and the embroidery machine.

Rakesh Khanna

It does not include the single needle. Because for that till now the BIS has still not come in. It does not include the zigzag where the QCO continues to be there and does not include the household and artisan machines. The state stitch household and artisan machines in which the BIS is there but the QCO is not there.

Unidentified Participant

Okay, and what about industrial and embroidery sir? Is that included?

Rakesh Khanna

So in embroidery currently there is no, no biscuit. And on the industrial single needle high speed lock stitch machine there is no bis.

Unidentified Participant

Okay. Okay. My last question sir. Sir, by when are we supposed to complete this 200 crore government’s PMKY order?

Rakesh Khanna

Sir, so we have after this, after mass we will have another six months technically speaking. But we definitely aim to close it much before that. Before that, by June we should be able to complete.

Unidentified Participant

June of 2026 in. In six months like approximately.

Rakesh Khanna

Absolutely.

Unidentified Participant

Okay. And so I believe there is one more tender of the same size which is yet to come.

Rakesh Khanna

Yes.

Unidentified Participant

And when will that be allotted? Sir.

Rakesh Khanna

Actually it was a single tender and as of now 50% of that was allotted. The balance 50 has to still come. We do not have a visibility on that. But essentially it will happen. As we are able to complete the supplies of the first certain states, the government will Tell us when the new order will come.

Unidentified Participant

Okay? Okay. And sir, are we confident of maintaining that same winning ratio of 70% if not more?

Rakesh Khanna

It’s very difficult to say in any situation where the files may open up again. We will do our best. We have clearly convinced ourselves and the government that we are the best suited partner. Our performance delivery continues to be one of the best. But as you know it depends on many other factors like pricing etc. We will see at that time. But we are on a strong wicket in terms of our delivery.

Unidentified Participant

Okay, so just one last question. Sorry sir. On the export side, how big is this opportunity? Sir, how much does SVP sell globally?

Rakesh Khanna

Oh, SVP is last very large. But currently we are seeing it as an opportunity to be developed in some time. Because the biggest challenge will be our ability to compete with the global prices. And that will take time. Because we will have to really build scale to to start competing with the global suppliers. And I do not see it earlier than the next two years, three years.

Unidentified Participant

Okay. Okay. Okay. Thank you sir. These are my questions. Sir. Thank you so much sir. All the best, sir. Thank you.

Rakesh Khanna

Thank you Laksh, for your question.

Unidentified Participant

Yeah, thank you.

operator

Thank you. We will take the next question from Mr. Delirious. Prior to that, may I request all participants to please limit their question questions to two at a time and rejoin in the queue later. Mr. Dilip Jain, please go ahead.

Unidentified Participant

Am I audible?

Rakesh Khanna

Sir, I delip. Yes, you’re audible.

Unidentified Participant

Hello sir. Heartiest congratulations. Outstanding performance. Very nice. I was very happy. So my first question. Any more PM Vishwakarma orders in the pipeline? I know you have alluded to it but I’ll just go ahead with my question. As the scheme is quite large. Are we losing to any of our competitors? If yes, how do we tackle it?

Rakesh Khanna

Sir, you will have to repeat. I have not understood your question.

Unidentified Participant

It’s about the PM Vishwakarma scheme. So any. Any more PM Vishwakarma orders in the pipeline?

Rakesh Khanna

Yes, as I explained the total order size was 8 lakhs. Out of which 4 lakh was awarded. Another 4 lakh is likely to come in.

Unidentified Participant

Okay. Okay. So as this 8 lakh machine order is quite large. Incisor. Are we losing to any of our competitors here?

Rakesh Khanna

See, in the first part we were L1 and we got 70% of the total order that was awarded. For the second we will have to wait the government’s announcement as to how do they want to handle that and if they want to re tender it will be a once again an open chapter and if they want to just extend the previous one then they will allocate in the same manner as they allocated earlier. So.

Unidentified Participant

Okay, so in case they. In case they extend then we stand to get it without any competition. But if they open it as a new chapter then we have to compete with the other people. Is that how it goes?

Rakesh Khanna

Perfectly well said. Dilute.

Unidentified Participant

Okay. All right. All right. Okay. Great. So how far have we reached for putting up our green field plant? Sir.

Rakesh Khanna

As of now we are still exploring. We have started assembly in Jammu plant. But we should soon come out with a complete proposal for the new setup.

Unidentified Participant

Okay. Okay. So probably this calendar year we finalize our plans. Is that how the timeline would move? Any. Any idea?

Rakesh Khanna

Yes. It should be earlier than end of this calendar year. Much earlier.

Unidentified Participant

Great. Great. Great. Very nice. Sir. Sir. And as far as our sales product mix goes. Could you kindly let us know the percentages of sales between the plaque zigzag, the industrial machines and the sewing accessories. For this quarter? Sir.

Rakesh Khanna

Okay. Okay. Can we move to next question that I can come back to you. I’ll just keep. No problem.

Unidentified Participant

Okay. No. No problem, sir. No problem.

operator

Thank you. We will take the next question from the line of Mr. Viraj Mathani.

Unidentified Participant

Am I audible?

operator

Yeah.

Unidentified Participant

My question is, you know sales. How much sales is from the government and how much is from the private? That’s the first question.

Rakesh Khanna

How much is from the government and how much is in the private?

Unidentified Participant

Yeah.

Rakesh Khanna

So apart from the PMY our government sale is approximately 10 to 12% is our government sale. But it is little difficult to say because a lot of government sale also happens through the trade channel itself where we do not have a hundred percent visibility of how much goes.

Unidentified Participant

Answer my next question. Is the appliance business do we manufacture or we just.

Rakesh Khanna

So in appliances we outsource all the products. In some products we have our own molds and our own design. But in many of them we actually outsource the entire product.

Unidentified Participant

We just put a label on it and just branding of the. Is that correct?

Rakesh Khanna

Yes, it’s a production outsource.

Unidentified Participant

Okay. What’s your guidance for the next year would be in terms of a sewing machine in a plant business.

Rakesh Khanna

So we are continuously growing and if you see our trends we are now clearly on a growth path. Our YTD growth across channels and categories in sewing machines is good. And we hope to maintain the momentum and continue to strengthen our position in appliances. We understand that we are under a pressure also. The season has not been supporting. And when the season doesn’t Support the smaller players like us. They face bigger headwinds because the bigger players are pushing the channel harder than normal. Having said that, our efforts are very clearly becoming visible. The entire range for fans which has been set up now and introduced in the market has received a lot of appreciation from the trade channel.

And to that extent many good distributors have decided to join hands with us. Which is a very positive news. Our efforts on creating portfolios for E commerce with unique products, some of them which are already there have also started giving us confidence that we should be able to recover well in appliances side also. So that’s what I can say about the coming year. We will recover in appliances and we will continue a strong growth momentum across all categories in sewing machines and across all channels.

Unidentified Participant

So is it correct to think we have a double digit sales growth and.

Rakesh Khanna

It will be double digit? Yes, it should be double digit.

Unidentified Participant

You can’t qualify the numbers right now. Is it possible to qualify some numbers?

Rakesh Khanna

Currently no, I will not be able to state formally any. Any number numbers.

Unidentified Participant

Okay. Thank you. And all the best.

Rakesh Khanna

Thank you.

operator

Thank you. Our next question is from the line of Mr. Harshad. Mr. Harshad, please go ahead.

Unidentified Participant

Hello.

Rakesh Khanna

Hi Harshit.

Unidentified Participant

Hello sir. Good evening. How are you sir?

Rakesh Khanna

Good, thank you. Harshit. I’m good sir.

Unidentified Participant

Thanks a lot. Sir. Yeah, yeah. I’ll just come to the questions quickly. Sir. So what was the revenue split? Okay. That question was asked by someone else also another shareholder. I’ll go to other question. Sir. Are we hopeful of break even in consumer durable in Q4 as the season this time looks quite hot or this time again the raw mater will play the spoil sports.

Rakesh Khanna

So Harshit, you. You hit on the nail. Clearly prices have moved up. Okay. There is a lot of pressure and many of the big players are still holding the prices. Whereas the cost prices have moved up tremendously. So it there is likely to be a margin pressure. That’s one part.

Unidentified Participant

Okay.

Rakesh Khanna

However, we are all ready to expand our base in coolers and fans. Both the cooling products, our new products are getting listed. We will start seeing the trend beginning the growth trend beginning in March. And hopefully by the next quarter we will really start seeing the the advantage of all the new listings that we are bringing.

Unidentified Participant

Okay. Okay. Okay sir. No problem. Okay sir. Sir, the next question. Sir, the cash flow generated in the first half of two first half is 20 crore. Was was just remarkable, sir. How much did we generate in this quarter and what is our current cash balance in the bank? Sir.

Rakesh Khanna

So this quarter we generated 13 crore operating cash flow and we have around 100 crores sitting in our cash and bank balances as at 31st December.

Unidentified Participant

As on 31st December. Okay?

Rakesh Khanna

Yes.

Unidentified Participant

Okay. Okay. Okay, sir, so I’ll just go to the next question. Sir, the revenue of 161 crore looks high, sir, because of the government order. Excluding that, how much will be the revenue? Sir, like what, what will be the amount?

Rakesh Khanna

Sir, I will not be able to put that. But what I can tell you is that therefore I address one, one thing straight away. My trade scales, we have grown so much is of course without pmy. The zigzag machines where we have grown so much is without pmy. The industrial machine where we have grown by more than 65% is without PMYs. So our growth across the channels, that is in e commerce, in trade, across all the categories is very high. That’s what I can tell you.

Unidentified Participant

Okay, so can I expect, can I assume 50, 50, sir. PMKY and normal?

Rakesh Khanna

No, no, it won’t be like that.

Unidentified Participant

No.

Rakesh Khanna

So no. So your concern, if I can understand is how are we growing in other channels and other product categories, Correct?

Unidentified Participant

Perfectly, sir.

Rakesh Khanna

So that’s exactly what I addressed right in the beginning. Industrial machines, which is non pmy, a large segment which I’ve always maintained is, is a potential segment. We’ve grown by more than 65%. Okay. In a trade channel, we have grown phenomenally well in zigzag. In zigzag, we’re continuing to grow very well. We grown YTD around 30. We have grown in that segment. Okay? So we are growing across and not limited to only pmy. PMY is one part, but we are growing across.

Unidentified Participant

So, but this quarter, white machine, how.

Rakesh Khanna

Much, sir, did we grow this quarter? The white machine growth was in the range in single digit growth. But ytd, the growth has been high. Basically last year, last year this particular quarter was high for this, this category. 21% growth. You’re cutting off her sheet.

Unidentified Participant

Sorry, sir.

Rakesh Khanna

You’re cutting off her sheets. Can you hear me, sir?

Unidentified Participant

No, sir. Hello? Hello?

Rakesh Khanna

Yes, I can hear you, sir.

Unidentified Participant

Am I, am I audible?

Rakesh Khanna

Yes. So this machine in the quarter we have grown by 22 and for the YTD have grown by 31%.

Unidentified Participant

Okay. Okay, sir, my last question. Sir, so what will be a dividend payout policy? Sir, in.

Rakesh Khanna

As of now. As of now we are not giving any dividend. And the board is clear that we have to be on the growth path and we have to conserve resources for planning, for investment, for growth.

Unidentified Participant

Okay, sir. So the last, last Question.

operator

Sir, I’m sorry to interrupt you but.

Unidentified Participant

No problem.

operator

Please can you rejoin the queue? Yeah.

Unidentified Participant

Thank you.

Rakesh Khanna

Thank you.

Unidentified Participant

Thank you. Thank you.

operator

We’ll take the next question from the line of Mr. Santosh Kumar. Can you please unmute yourself, Dilip?

Rakesh Khanna

I have to still answer Dilip for his question, sir.

operator

We will take him in the queue later on.

Rakesh Khanna

All right.

operator

He’s in the queue.

Unidentified Participant

All right. Can you hear me? I’m Santosh here.

Rakesh Khanna

Hi Santosh.

operator

Hi.

Unidentified Participant

Sir, good afternoon and congratulations for the great numbers and outstanding quarter that that you had this quarter. You may have answered this question already, not sure like if you have answered it but like can you share the expected revenue contribution from the zigzag machines in FY27?

Rakesh Khanna

Okay, so the contribution from in the machine category the zigzag contribution is 16%. Straight stitches. 30%. Artisan is 24%. Industrial is 30 and other attachment and accessories is 17%.

Unidentified Participant

And for FY27, is this for FY27.

Rakesh Khanna

You think this is for the quarter three.

operator

Okay.

Unidentified Participant

And you plan to export these machines. Right now you have the BI certifications result. So you plan to export this to other countries as well once the production ramps up.

Rakesh Khanna

Santosh, currently we are going to focus made in India for India. Okay. India is a very large market and we want to first of all explore India market. However, we now have the right to export to svp. But it is dependent on our ability to produce at a cost comparable to other manufacturers outside India. And I believe it’s going to take us some time, at least two to three years by the time we can reach that scale and start competing with international manufacturers.

Unidentified Participant

Okay, thank you. One last question, sir. On the appliance side, do you anticipate we can hit like break even sometime next year?

Rakesh Khanna

We have to. We have to.

Unidentified Participant

Okay. Thank you and all the best.

Rakesh Khanna

Thank you.

operator

We’ll take the next question from the line of Mr. Ashtok Jain.

Unidentified Participant

Hello. Am I audible, sir?

Rakesh Khanna

Yes. Yeah.

Unidentified Participant

Team singer for the great self members. So you spoke about FTAs and lot of FDA news in the media and India has done many FTAs and we are on the track to do some more FDAs. But even after this the Indian government capacity is assumed to be just 1/3 of what Bangladesh is producing every year. Sir, in case. There is a demand for large quantity of industrial machines can single supply against the heavy weights like the Tuki Jack, etc. In terms of value and volume also.

Rakesh Khanna

As of now we are focusing on what lies ahead of us. And as of now what Lies is a very strong market within India available within this market. As we are addressing, we are making very good progress. As I said in quarter three, we have grown by more than 65% in this particular segment. We are fairly confident of Singer’s ability to rise up to this, expand further in this and compete with other international brands in the market. Going forward. As we stabilize with higher scale in India, we will definitely develop capability to also start meeting international requirements.

Unidentified Participant

That is we intend to export also the industrial machines.

Rakesh Khanna

Yes, but I do not see it coming in the near future. It will take a little time.

Unidentified Participant

But you are ready to say cater to demand whatever it comes up?

Rakesh Khanna

Yes, yes. As Subhas explained, we have enough cash lying with us. We are ready. Our board and investors are very clear about it that wherever the opportunity is, we have the capability to expand both in terms of financial resources and human skill resources.

Unidentified Participant

Swing accessories global market is quite large. Any plans for a meaningful entry into it?

Rakesh Khanna

Currently we are not getting into the categories in swing machines beyond where we are playing. Within the categories where we are playing we are going to be looking at the accessories which are limited to the tables, the motors, scissors and some related accessories. That’s the space where we are playing as of now.

Unidentified Participant

So what about swing needles?

Rakesh Khanna

Swing needles is a very specialized category. We also purchase from outside.

Unidentified Participant

We don’t intend to manufacture the near.

Rakesh Khanna

Future, not in the near future, not in the foreseeable future. It is not on the table for discussions.

Unidentified Participant

So we have introduced many interesting products. Like you mentioned about Steam Station. The commercial cooler was recently put upon Instagram and around six months back it was CloudX ban. So this products are really of a global category. Then we export these items to global markets say in the Europe with the help of Velaris, other markets with the help of svp. Is it possible to export these products?

Rakesh Khanna

Yes, it is possible but our focus remains on Indian market as of now with the bandwidth that we have, we would like to deploy most of the bandwidth on India as of now because the opportunity is very large here. But wherever there’s an opportunity for export market we will definitely be open and explore that.

Unidentified Participant

Now I’m basically asking about this new products like the Steam Station Amazon it’s quoting around 7,000, around 8,000 rupees. The cloud X van was something in the beginning it was around 10, 11,000 rupees. Indian customers they they’ll think thrice to spend this kind of money where if you convert in euro or dollars it’s very cheap. So from that angle was asking definitely.

Rakesh Khanna

So we are not closed on that. But that’s not our top agenda. Our top agenda is to develop the Indian market. And I can only say this, that Indian market is not shy of spending money on very good products. And we can see it from all the product categories. The the high end premium categories are growing the fastest across all segments. And in Indian market Indian consumer is very fast gaining that awareness about quality and is willing to spend more money for high quality product. We’re confident we will be able to develop market for such products in India.

And that’s a big opportunity. We don’t want to miss that.

Unidentified Participant

Yes sir, I’m very happy to see your optimism. But otherwise the biggies in the market like Bajaj SG everyone is down Scott. And they are not very sure that in fact the Bajaj is diversifying into cables and wires. They can’t sell their consumer deliverables in spite of being in the market for last seven decades. But let’s keep our fingers crossed. Sir, can you give the breakup what Dilip has asked about the machines?

Rakesh Khanna

Yeah, so I’ll repeat once again he asked the breakup of all the different kind of machines. So in the quarter the zigzag machines were 16%, straight stitch were 30%, artisan was 24%, industrial was 13% and attachment in the accessories was 17%.

Unidentified Participant

Great. Thanks a lot sir. All the best for the rest of the years. Thank you so much.

operator

Thank you everyone. As there are no more questions, we will take that as the last question. May I request the management for closing remarks?

Rakesh Khanna

Thank you very much. Once again thank you Mayank for hosting and thank you all for your continued interest in Singer. We are committed to to growth in India and we’ll continue to grow. Our current traction is very good and we are very confident that in the coming future Singer will be one of the main players in appliances category and a clear leader in the swing machine category. Thank you for your good wishes. All the best to you.

operator

Thank you ladies and gentlemen, on behalf of MK Global we will now end the conference. Thank you everyone for joining. You can exit it.

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