ભારતીય ટેક્સટાઈલ ક્ષેત્ર વૃદ્ધિ માટે તૈયાર: પર્લ ગ્લોબલ, સિયારામ સિલ્ક, કેવલ કિરણ સ્ટોક્સ પર નજર

Textile

Published on 21st November 2025, 6:11 AM

Author

Simar Singh | Whalesbook News Team

Overview

ભારતીય ટેક્સટાઈલ માર્કેટ 2024 માં US$ 128.28 બિલિયન થી વધીને 2033 સુધીમાં US$ 190.57 બિલિયન સુધી પહોંચવાની ધારણા છે, જે 4.15% ના કમ્પાઉન્ડ એન્યુઅલ ગ્રોથ રેટ (CAGR) સાથે હશે. આ વિસ્તરણ PLI સ્કીમ જેવી સરકારી પહેલ, વધતી નિકાસ અને સ્થાનિક માંગમાં વૃદ્ધિ દ્વારા સંચાલિત છે. પર્લ ગ્લોબલ ઇન્ડસ્ટ્રીઝ, સિયારામ સિલ્ક મિલ્સ અને કેવલ કિરણ ક્લોથિંગ જેવી કંપનીઓ તેમના મજબૂત રિટર્ન ઓન કેપિટલ એમ્પ્લોઇડ (ROCE), સતત ડિવિડન્ડ ઇતિહાસ અને ભવિષ્યની વૃદ્ધિ યોજનાઓને કારણે ધ્યાન રાખવા યોગ્ય છે.

Siyaram Silk Mills Ltd

₹ 762-2.70%

21 Nov – close price

🔗siyaram.com•BSE: 503811•NSE: SIYSIL

Market Cap₹ 3,460 Cr.

Current Price₹ 762

High / Low₹ 1,175

Stock P/E16.5

Book Value₹ 299

Dividend Yield1.58 %

ROCE20.4 %

ROE16.4 %

Face Value₹ 2.00

Sales₹ 2,400 Cr.

OPM12.8 %

Mar Cap₹ 3,460 Cr.

ABOUT

Siyaram Silk Mills Ltd is a Textile manufacturing company. It is engaged in manufacturing fabrics and readymade garments, especially in the men’s wear section.[1][2]The Company exports to countries like UAE, Australia, Bahrain, Bangladesh, Cambodia, Canada, etc.[3]

KEY POINTS

Product OfferingsThe co. offers a range of apparel including suits, blazers, shirts, and trousers made from the finest yarns for men, attuned to international standards and complementing a unique expression.[1]

Peer Comparision

S.No.	Name	Current Price (Rs.)	Price to Earning	Market Capitalization (Rs.Cr.)	Dividend yield (%)	Net Profit latest quarter (Rs.Cr.)	YOY Quarterly profit growth (%)	Sales latest quarter (Rs.Cr.)	YOY Quarterly sales growth (%)	Return on capital employed (%)	Sales (Rs.Cr.)	OPM (%)	Profit after tax (Rs.Cr.)	Profit after tax latest quarter (Rs.Cr.)	Price to book value	Return on assets (%)	Debt to equity
1.	K P R Mill Ltd	1087.90	44.43	37214.84	0.46	218.03	6.36	1632.03	10.27	19.84	6696.50	18.81	837.53	218.03	6.95	13.49	0.06
2.	Trident	28.38	32.60	14467.39	1.76	90.93	9.30	1787.17	4.33	9.48	7025.49	13.73	443.85	90.93	3.13	5.01	0.35
3.	Welspun Living	136.37	37.68	13307.54	1.25	14.86	-93.54	2440.91	-15.04	14.41	9836.99	9.91	353.18	12.98	2.75	6.51	0.56
4.	Vardhman Textile	451.95	15.52	13067.41	1.11	187.76	-4.99	2480.10	-0.89	10.83	9839.63	12.80	842.12	187.03	1.29	6.99	0.15
5.	Alok Industries	17.01	–	8440.96	0.00	-162.38	36.04	941.09	6.26	-4.76	3690.40	-1.11	-806.25	-167.63	–	-12.86	–
6.	Garware Tech.	717.60	34.93	7122.83	1.11	31.94	-51.50	347.90	-17.28	24.68	1498.40	18.65	203.91	31.99	5.49	13.13	0.10
7.	Raymond Lifestyl	1124.20	86.28	6837.42	0.00	75.19	-13.60	1832.40	7.27	2.87	6511.19	7.62	79.25	78.61	0.71	0.48	0.26
8.	Siyaram Silk	761.90	16.49	3460.28	1.58	86.98	27.16	705.55	16.13	20.42	2400.30	12.77	209.90	86.98	2.55	11.36	0.30
–	Median: 109 Co.	144.01	20.06	421.19	0.0	5.01	12.53	126.99	2.62	9.12	433.95	8.52	14.95	5.01	1.71	3.35	0.46

Quarterly Results

Standalone figures in ₹ crores

	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	635	501	695	354	585	502	646	307	608	570	736	388	706
Expenses	516	425	573	331	497	433	540	296	519	504	624	368	598
Operating Profit	120	76	121	23	88	68	106	10	89	67	112	21	108
Other Income	9	13	10	8	12	11	6	24	21	16	14	12	37
Profit before tax	109	68	113	13	81	60	93	16	91	62	100	6	115
Tax %	26%	24%	22%	24%	24%	26%	26%	24%	25%	26%	28%	28%	25%
Net Profit	81	52	88	10	61	44	69	12	68	46	72	5	87
EPS in Rs	17.18	11.09	18.85	2.14	13.10	9.76	15.21	2.65	15.08	10.11	15.97	1.01	19.17

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	1,291	1,496	1,609	1,570	1,733	1,815	1,698	1,088	1,903	2,229	2,087	2,220	2,400
Expenses	1,146	1,321	1,413	1,373	1,487	1,573	1,529	1,033	1,569	1,860	1,801	1,943	2,094
Operating Profit	146	174	196	197	246	241	169	55	334	369	286	277	307
Other Income	10	16	14	25	20	24	34	41	29	40	36	75	79
Interest	29	31	31	32	34	48	43	30	18	20	20	24	29
Depreciation	29	41	52	55	61	62	73	61	59	58	55	60	73
Profit before tax	98	119	127	136	171	154	88	5	287	332	247	269	284
Net Profit	64	79	84	91	112	101	72	5	213	252	185	199	210
EPS in Rs	13.55	16.80	17.93	19.41	23.81	21.58	15.30	1.14	45.34	53.73	40.70	43.80	46.26
Dividend Payout %	12%	12%	12%	15%	18%	20%	56%	404%	20%	20%	27%	27%	–

Compounded Sales Growth

10 Years:4%

5 Years:6%

3 Years:5%

TTM:16%

Compounded Profit Growth

10 Years:10%

5 Years:23%

3 Years:-2%

TTM:8%

Stock Price CAGR

10 Years:15%

5 Years:37%

3 Years:16%

1 Year:11%

Return on Equity

10 Years:16%

5 Years:17%

3 Years:19%

Last Year:16%

Balance Sheet

Standalone figures in ₹ crores

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	9	9	9	9	9	9	9	9	9	9	9	9	9
Reserves	360	426	497	587	669	748	758	765	928	1,132	1,132	1,279	1,348
Borrowings	314	309	408	305	573	444	428	139	223	163	175	262	413
Other Liabilities	213	236	282	258	301	303	308	304	355	336	290	342	413
Total Liabilities	896	981	1,195	1,159	1,553	1,505	1,503	1,217	1,515	1,640	1,606	1,893	2,183
Fixed Assets	349	332	398	409	439	519	548	487	498	477	474	589	585
Gross Block	569.55	589.49	447.87	495.90	581.62	720.21	820.19	810.96	862.21	860.02	894.92	–	–
Accumulated Depreciation	220.09	257.65	49.44	87.11	142.90	201.19	272.31	324.40	364.38	382.91	420.43	–	–
CWIP	3	7	5	36	93	8	4	3	2	5	19	3	5
Investments	0	0	15	0	33	25	25	52	49	135	41	218	258
Other Assets	543	641	778	714	989	953	926	676	967	1,022	1,072	1,083	1,336
Total Assets	896	981	1,195	1,159	1,553	1,505	1,503	1,217	1,515	1,640	1,606	1,893	2,183

Cash Flows

Standalone Figures in ₹ Crores / Yearly

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	66	60	81	203	-28	192	205	332	36	235	128	256
Cash from Investing Activity	-61	-23	-111	-69	-158	-12	-27	-29	-55	-113	68	-248
Cash from Financing Activity	-3	-38	31	-135	204	-194	-182	-301	19	-123	-194	-10
Net Cash Flow	2	-1	1	-1	18	-15	-4	1	-1	-0	2	-2

Ratios

Standalone Figures in ₹ Crores / Yearly

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	74	82	82	71	89	79	73	87	74	70	82	86
Inventory Days	122	110	147	156	203	190	190	146	164	143	171	147
Days Payable	65	65	79	69	85	79	81	102	87	65	60	67
Cash Conversion Cycle	131	127	151	157	206	190	182	132	151	148	193	165
Working Capital Days	39	46	41	59	56	80	81	116	92	94	115	128
ROCE %	21%	21%	19%	18%	19%	17%	11%	3%	29%	28%	20%	20%

Shareholding Pattern
Numbers in percentages

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	67.18%	67.18%	67.18%	67.18%	67.45%	67.45%	67.45%	67.45%	67.45%	67.45%	67.45%	67.45%
FIIs	2.61%	2.04%	2.39%	1.91%	1.75%	1.56%	1.53%	1.48%	1.93%	2.63%	2.54%	2.61%
DIIs	4.45%	4.85%	4.27%	4.42%	3.44%	2.93%	2.54%	2.52%	2.52%	2.52%	2.54%	2.51%
Public	25.74%	25.94%	26.14%	26.49%	27.37%	28.07%	28.47%	28.56%	28.11%	27.40%	27.47%	27.44%