Siyaram Silk Mills reported a 15.55% rise in standalone revenue to ₹2,652.57 crore and a 14.77% increase in PAT to ₹228.08 crore for FY26. The company also recommended a ₹5 per share final dividend.
Siyaram Silk Mills Reports Robust FY26 Performance
Standalone revenue for FY26 reached ₹2,652.57 crore, a 15.55% increase from ₹2,295.62 crore in FY25. Standalone Profit After Tax (PAT) grew by 14.77% to ₹228.08 crore, up from ₹198.73 crore in the previous year. Earnings Per Share (EPS) also saw a positive trend, rising by 14.25% to ₹50.27 from ₹44.00.
Reader Takeaway: Strong revenue and profit growth alongside shareholder returns mitigate raw material price concerns.
What just happened
Siyaram Silk Mills Limited announced its financial results for the fiscal year ended March 31, 2026. The company reported significant year-on-year growth in both its top line and bottom line. A final dividend of ₹5 per equity share has been recommended by the board.
Why this matters
The strong financial performance demonstrates the company's ability to grow in a challenging market, marked by raw material price volatility and fluctuating consumer demand. The recommended dividend provides direct returns to shareholders.
The backstory
Siyaram Silk Mills operates in the textile sector, focusing on fabrics. The company has been expanding its retail presence with new brands like ZECODE and DEVO. Its manufacturing capabilities include significant loom and knitted fabric capacities.
What changes now
The company's board has approved a scheme to issue 9% Cumulative Non-Convertible Redeemable Preference Shares as a bonus to equity shareholders, pending NCLT approval. The retail network is targeted to expand to approximately 70 stores from the current 44.
Risks to watch
Key concerns include the volatility of raw material prices, such as cotton and viscose, which can impact profit margins. Working capital management may also face challenges due to potential volatility in order cycles affecting receivables.
Peer comparison
(No peer comparison data available in the filing.)
Context metrics (time-bound)
- Standalone Total Income FY26: ₹2,652.57 Cr (+15.55% YoY)
- Standalone PAT FY26: ₹228.08 Cr (+14.77% YoY)
- Standalone EPS FY26: ₹50.27 (+14.25% YoY)
- Consolidated Revenue FY26: ₹2,572.50 Cr
- Consolidated PAT FY26: ₹230.90 Cr
- Retail Stores: 44 (ZECODE: 27, DEVO: 17), target ~70.
What to track next
Investors should monitor the progress of the NCLT approval for the preference share bonus issue. The expansion of the retail store network and management of raw material costs will be crucial indicators for future performance.