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SIYSIL - Siyaram Silk

📊 NSE: SIYSIL 🏢 Textiles - Processing 📅 Last Updated: 12/14/2025 13:28

📢 Recent Corporate Announcements

Siyaram Silk Mills to Meet Analysts at Investec Promoter & Founder Conference on March 11, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 05 Mar 2026, 03:50 PM

Siyaram Silk Mills Limited (SIYSIL) has announced its participation in the Investec Promoter & Founder Conference 2026 scheduled for March 11, 2026. The company's management will engage in both one-on-one and group meetings with various analysts and institutional investors. These discussions are expected to focus on the company's current business environment and performance using publicly available information. Such interactions are routine for listed entities to maintain transparency and manage investor relations.

Scheduled interaction with analysts and institutional investors on March 11, 2026.
Participation in the Investec Promoter & Founder Conference 2026 involving one-on-one and group formats.
Disclosure made under Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Discussions will be strictly based on publicly available information to ensure regulatory compliance.

💡 Investors should monitor for any investor presentations or transcripts released after the conference for potential insights into management's outlook. No immediate trading action is necessary based on this routine meeting schedule.

Siyaram Silk Mills to Meet Investors at Investec Conference on March 11, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 05 Mar 2026, 03:42 PM

Siyaram Silk Mills Limited has announced its participation in the Investec Promoter & Founder Conference 2026 scheduled for March 11, 2026. The company officials will engage in both one-on-one and group meetings with various analysts and institutional investors. These discussions are intended to be based strictly on publicly available information in compliance with SEBI regulations. Such meetings are standard practice for maintaining investor relations and providing clarity on existing business operations.

Investor interaction scheduled for March 11, 2026, at the Investec Promoter & Founder Conference.
The engagement will include both one-on-one and group meeting formats.
Compliance with Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Discussions will be limited to information already in the public domain.

💡 Investors should monitor for any investor presentations or meeting transcripts that may be uploaded to the exchange following the conference for insights into management's outlook. No immediate trading action is required based on this routine scheduling update.

Siyaram Silk Mills Schedules One-on-One Investor Meeting for March 12, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 27 Feb 2026, 03:01 PM

Siyaram Silk Mills Limited (SIYSIL) has informed the exchanges about a scheduled one-on-one meeting with analysts and institutional investors on March 12, 2026. The meeting is part of the company's regular investor relations activities under SEBI LODR Regulations. Management has clarified that discussions will be strictly limited to information already available in the public domain. The company also noted that the schedule is subject to change based on any unforeseen exigencies.

One-on-one interaction with analysts/investors scheduled for March 12, 2026
Compliance with Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Discussions will be based solely on publicly available information
The meeting date is subject to change due to potential exigencies from either side

💡 This is a routine disclosure with no immediate impact on stock fundamentals. Investors should watch for any post-meeting transcripts or presentations that may offer additional clarity on the company's growth outlook.

Siyaram Silk Mills Schedules One-on-One Investor Meeting for March 2, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 24 Feb 2026, 06:38 PM

Siyaram Silk Mills Limited (SIYSIL) has informed the exchanges about an upcoming one-on-one meeting with analysts and institutional investors scheduled for March 2, 2026. The company stated that the discussions will be strictly based on publicly available information, adhering to SEBI disclosure regulations. This is a routine engagement aimed at maintaining transparency with the investment community. Investors should note that the schedule is subject to change based on the availability of the parties involved.

One-on-one meeting with institutional investors/analysts scheduled for March 2, 2026
Compliance with Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Discussions will be limited to publicly available information to ensure regulatory compliance
The meeting date is tentative and subject to change due to exigencies

💡 No immediate action is required as this is a routine corporate disclosure. Investors may monitor for any post-meeting presentations or transcripts if released by the company.

Siyaram Silk Mills Q3 FY26: Revenue Up 8.9% to ₹639 Cr, Interim Dividend of ₹3 Declared

🟡 NEUTRAL ⭐ 7/10

EARNINGS 📅 03 Feb 2026, 06:05 PM

Siyaram Silk Mills reported a moderate Q3 FY26 with total income rising 8.9% YoY to ₹639 crores, while 9M FY26 income grew 15.3% to ₹1,782 crores. Despite revenue growth, PAT for the quarter declined to ₹42 crores from ₹46 crores YoY, reflecting margin pressure from retail expansion and cautious consumer spending. The company has raised its full-year revenue growth guidance to 12-15% and declared a second interim dividend of ₹3 per share. Management remains focused on its new retail formats, ZECODE and DEVO, which contributed ₹55 crores in revenue during the first nine months.

Total income for Q3 FY26 grew 8.9% YoY to ₹639 crores; 9M FY26 income reached ₹1,782 crores.
EBITDA for the quarter was ₹84 crores with a margin of 13.2%, while PAT stood at ₹42 crores.
Declared a second interim dividend of ₹3 per share on a face value of ₹2.
Fabric segment remains the primary driver, contributing 78% of total revenue with 9% volume growth in 9M FY26.
Retail expansion continues with 42 total stores for ZECODE and DEVO, targeting ₹70-80 crores in annual revenue.

💡 Investors should monitor the impact of the new retail formats on EBITDA margins, which are expected to face a 100-150 bps drag during this expansion phase. The upward revision in revenue guidance is a positive sign, but sustained recovery in consumer footfalls is essential for PAT growth.

Siyaram Silk Mills Releases Q3 & 9M FY26 Earnings Call Audio Recording

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 29 Jan 2026, 05:14 PM

Siyaram Silk Mills Limited has released the audio recording of its Investor/Earnings Call held on January 29, 2026. The call focused on the company's financial performance for the third quarter and the nine-month period ending December 31, 2025. This disclosure is a standard regulatory requirement under SEBI (LODR) Regulations, 2015. Investors can now access the full management commentary and Q&A session via the link provided on the company's official website.

Audio recording of the earnings call held on January 29, 2026, is now publicly available.
The call discussed financial results for Q3 FY26 and the nine months ended December 31, 2025.
The recording is accessible via a direct link to the company's S3 storage and website.
Filing made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

💡 Investors who missed the live session should listen to the recording to understand management's perspective on revenue growth and margin trends. No immediate action is required as this is a procedural update.

Siyaram Silk Q3 FY26: Total Income Up 9% to ₹639 Cr, PAT Declines 9% to ₹42 Cr

🟡 NEUTRAL ⭐ 7/10

EARNINGS 📅 28 Jan 2026, 06:42 PM

Siyaram Silk Mills reported a 9% YoY growth in total income to ₹639 crores for Q3 FY26, supported by festive demand. However, Profit After Tax (PAT) declined by 9% YoY to ₹42 crores as EBITDA margins contracted from 14.1% to 13.2% due to higher operating and finance costs. The company is aggressively expanding its retail footprint, adding 7 new stores under the ZECODE and DEVO brands during the quarter. While 9-month performance remains steady with 15.3% revenue growth, the quarterly bottom-line pressure reflects a post-festive slowdown in discretionary spending.

Total Income for Q3 FY26 rose 9% YoY to ₹639 crores, while 9M FY26 income grew 15.3% to ₹1,782 crores.
EBITDA margins contracted to 13.2% from 14.1% YoY, resulting in a modest 2% growth in EBITDA to ₹84 crores.
Net Profit (PAT) for the quarter fell 9% YoY to ₹42 crores, impacted by a 63% increase in finance costs.
Retail expansion continued with the addition of 2 ZECODE and 5 DEVO stores, taking the total counts to 25 and 17 respectively.
Fabric segment remains the primary revenue driver at 78%, followed by Garments at 15% and Yarn at 7%.

💡 Investors should monitor the scaling efficiency of the new ZECODE and DEVO retail formats and their impact on overall margins. While revenue growth is healthy, the pressure on profitability suggests waiting for margin stabilization before increasing exposure.

Siyaram Silk Mills Q3 FY26: Income Up 8.9% to ₹639 Cr, PAT Declines 8.7% to ₹42 Cr

🟡 NEUTRAL ⭐ 8/10

EARNINGS 📅 27 Jan 2026, 09:59 PM

Siyaram Silk Mills reported a moderate 8.9% YoY growth in total income for Q3 FY26, reaching ₹639 crores, though net profit declined by 8.7% to ₹42 crores due to margin pressure. The EBITDA margin contracted to 13.2% from 14.1% in the previous year, reflecting fluctuating demand post-festive season. For the nine-month period (9MFY26), the company showed stronger performance with a 15.3% revenue growth and a 5.7% increase in PAT. Additionally, the board declared a second interim dividend of ₹3 per share and continued its retail expansion with 7 new store openings in the quarter.

Total income grew 8.9% YoY to ₹639 crores in Q3 FY26, while 9M FY26 income rose 15.3% to ₹1,782 crores.
Net profit for the quarter fell 8.7% YoY to ₹42 crores, with PAT margins dropping from 7.8% to 6.6%.
Declared a second interim dividend of ₹3 per equity share (150% of face value).
Retail footprint expanded with 7 new stores (2 ZECODE, 5 DEVO), bringing the total count to 42 outlets.
Revenue mix remains dominated by Fabric at 78%, followed by Garments at 15% and Yarn at 7%.

💡 Investors should monitor the recovery in margins and the performance of the new retail formats (ZECODE and DEVO) as discretionary spending fluctuates. The interim dividend provides a yield cushion, but the PAT contraction in Q3 suggests a need for caution regarding rising operational costs.

Siyaram Silk Mills Appoints Dinesh Kumar Jaithliya as VP Finance

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 27 Jan 2026, 09:29 PM

Siyaram Silk Mills Limited has announced the appointment of Shri. Dinesh Kumar Jaithliya as Vice President – Finance, effective February 1, 2026. Mr. Jaithliya is a Chartered Accountant with approximately 23 years of post-qualification experience in finance, accounts, and taxation. His background includes significant roles as a Finance Controller and expertise in financial planning, risk management, and fund management. This appointment strengthens the company's senior management team and financial oversight capabilities.

Appointment of Shri. Dinesh Kumar Jaithliya as Vice President – Finance effective February 1, 2026
Appointee brings 23 years of post-qualification experience as a Chartered Accountant
Expertise includes Finance Controller roles, FP&A, Risk Management, and Internal Audit
The Board of Directors approved the appointment in a meeting held on January 27, 2026

💡 This is a routine senior management appointment and requires no immediate action from investors. The addition of an experienced finance professional is a positive step for maintaining financial governance.

Siyaram Silk Mills Declares 2nd Interim Dividend of Rs 3 Per Share; Sets Record Date Feb 2, 2026

🟢 POSITIVE ⭐ 7/10

DIVIDEND 📅 27 Jan 2026, 09:00 PM

Siyaram Silk Mills Limited (SIYSIL) has declared a second interim dividend of Rs. 3 per equity share for the financial year 2025-26. This dividend represents 150% of the face value of Rs. 2 per share. The company has fixed February 2, 2026, as the record date to identify eligible shareholders for the payout. This announcement follows the Board of Directors meeting held on January 27, 2026.

Declared 2nd interim dividend of Rs. 3 per equity share for FY 2025-26.
Dividend amount represents 150% of the face value of Rs. 2 per share.
Record date for dividend entitlement is fixed as February 2, 2026.
Total paid-up equity share capital involved is Rs. 9,07,40,176.

💡 Investors interested in the dividend should ensure they hold the stock before the ex-dividend date to be eligible for the Rs. 3 per share payout.

Siyaram Silk Mills Declares 2nd Interim Dividend of Rs. 3 Per Share for FY 2025-26

🟢 POSITIVE ⭐ 7/10

DIVIDEND 📅 27 Jan 2026, 08:55 PM

Siyaram Silk Mills Limited (SIYSIL) has announced a second interim dividend of Rs. 3 per equity share for the financial year 2025-26. This payout represents 150% of the face value of Rs. 2 per share. The company has designated February 02, 2026, as the record date to identify eligible shareholders. This move reflects the company's commitment to returning value to its shareholders through consistent payouts.

Interim dividend of Rs. 3 per equity share declared for the financial year 2025-26
Dividend payout ratio stands at 150% of the face value of Rs. 2 per share
Record date for determining shareholder entitlement is fixed as February 02, 2026
Total paid-up equity share capital of the company is reported at Rs. 9,07,40,176

💡 Investors interested in the dividend should ensure they hold the stock before the ex-dividend date to be eligible for the Rs. 3 per share payout. The announcement indicates healthy liquidity and a shareholder-friendly distribution policy.

Siyaram Silk Mills Declares ₹3 Interim Dividend and Approves Q3 FY26 Results

🟢 POSITIVE ⭐ 7/10

DIVIDEND 📅 27 Jan 2026, 08:33 PM

Siyaram Silk Mills Limited (SIYSIL) has approved its unaudited financial results for the quarter and nine months ended December 31, 2025. The Board has declared a second interim dividend of ₹3 per equity share, representing a 150% payout on the face value of ₹2. The record date for the dividend is February 2, 2026, with payments scheduled to begin on or after February 12, 2026. Additionally, the company has appointed Dinesh Kumar Jaithliya as Vice President – Finance to strengthen its senior management team.

Declared 2nd Interim Dividend of ₹3 per equity share (150% of face value ₹2) for FY 2025-26
Set February 2, 2026, as the Record Date for determining shareholder eligibility for the dividend
Approved Unaudited Standalone and Consolidated Financial Results for the quarter ended December 31, 2025
Appointed Dinesh Kumar Jaithliya as Vice President – Finance effective February 1, 2026
Dividend payment/dispatch process to be completed on or after February 12, 2026

💡 Investors interested in the dividend should ensure they hold shares before the record date of February 2, 2026. Monitor the detailed financial statements to evaluate the company's operational performance and margin trends in the textile segment.

Siyaram Silk Mills Declares Rs 3 Interim Dividend and Approves Q3 FY26 Results

🟢 POSITIVE ⭐ 7/10

DIVIDEND 📅 27 Jan 2026, 08:23 PM

Siyaram Silk Mills (SIYSIL) has declared a second interim dividend of Rs. 3 per equity share, which is 150% of the face value of Rs. 2. The board also approved the unaudited financial results for the quarter and nine months ended December 31, 2025. In a key management move, the company appointed Dinesh Kumar Jaithliya as Vice President – Finance effective February 1, 2026. The dividend will be paid to eligible shareholders who hold the stock as of the record date, February 2, 2026.

Declared 2nd Interim Dividend of Rs. 3 per equity share (150% on FV of Rs. 2)
Set February 2, 2026, as the Record Date for dividend eligibility
Approved Unaudited Standalone and Consolidated Financial Results for Q3 FY26
Appointed Dinesh Kumar Jaithliya as Vice President – Finance (Senior Managerial Personnel)
Dividend payment/dispatch scheduled to commence on or after February 12, 2026

💡 Investors interested in the dividend should ensure they hold the stock before the record date of February 2, 2026. Monitor the detailed Q3 results to evaluate the company's operational efficiency and demand trends in the textile industry.

Siyaram Silk Mills to Discuss Q3FY26 Results in Earnings Call on Jan 29, 2026

🟡 NEUTRAL ⭐ 4/10

EARNINGS 📅 21 Jan 2026, 03:47 PM

Siyaram Silk Mills Limited has scheduled an analyst and investor conference call on January 29, 2026, at 11:30 AM IST. The purpose of the call is to discuss the company's unaudited financial results for the third quarter and the nine-month period ending December 31, 2025. Key management personnel, including the President, Senior President, and CFO, will be available for the discussion. This meeting is a standard regulatory requirement under SEBI Listing Obligations and Disclosure Requirements.

Earnings call scheduled for January 29, 2026, at 11:30 AM IST.
Focus on unaudited financial results for Q3 and nine months ended December 31, 2025.
Top management including President Gaurav Poddar and CFO Surendra Shetty to participate.
Primary dial-in numbers are +91 22 6280 1550 and +91 22 7115 8378.

💡 Investors should listen to the call for updates on revenue growth and margin outlook for the remainder of the fiscal year.

Siyaram Silk Mills Submits SEBI Regulation 74(5) Compliance Certificate for Q3 FY26

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 05 Jan 2026, 05:06 PM

Siyaram Silk Mills Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the period ending December 31, 2025. The document, provided by the Registrar and Share Transfer Agent (RTA) MUFG Intime India Private Limited, confirms that all dematerialization requests were processed within mandated timelines. The RTA verified that physical security certificates were mutilated and cancelled after due verification. This filing ensures that the company's electronic shareholding records are accurately maintained with the depositories.

Quarterly compliance certificate submitted for the period ended December 31, 2025.
Confirmation provided by RTA MUFG Intime India Private Limited (formerly Link Intime India Private Limited).
Verification that dematerialization requests were accepted or rejected within prescribed timelines.
Physical certificates were mutilated and cancelled, and depository names substituted in the register of members.
Confirms that securities comprised in the certificates are listed on the stock exchanges.

💡 No action is required as this is a routine regulatory filing confirming administrative compliance regarding share dematerialization.

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💰 Financial Performance

Revenue Growth by Segment

In Q2 FY26, Fabric contributed 77% (approx. INR 572 Cr), Garments 15% (approx. INR 111 Cr), and Yarn/Others 8% (approx. INR 60 Cr). For FY25, Fabric was 81% (INR 1,803 Cr), Garments 13% (INR 287 Cr), and Others 6% (INR 130 Cr). Growth is driven by volume and better realizations in the fabric segment.

Geographic Revenue Split

Not disclosed in available documents, though the company highlights a growing presence in Tier-2 and Tier-3 cities to capture rural and semi-urban demand.

Profitability Margins

Gross margins are impacted by material costs (30-40% of sales). Net Profit Margin stood at 8.95% in FY25 (INR 198.73 Cr) compared to 8.85% in FY24. Q2 FY26 PAT margin improved to 11.7% (INR 87 Cr) from 10.9% YoY due to higher sales volumes and festive demand.

EBITDA Margin

EBITDA margin for Q2 FY26 was 19.5% (INR 145 Cr), up from 17.5% (INR 110 Cr) in Q2 FY25, a 200 bps improvement. FY25 EBITDA margin was 15.88% (INR 352.66 Cr). The improvement is attributed to a better product mix and operational efficiencies.

Capital Expenditure

The company follows an asset-light outsourcing model, minimizing heavy manufacturing capex. However, it is investing in retail expansion with a target of approximately 35 new stores in FY26, with 16 already achieved in H1 FY26.

Credit Rating & Borrowing

CRISIL reaffirmed 'CRISIL AA-/Stable' for long-term and 'CRISIL A1+' for short-term/commercial paper. Interest coverage ratio was 13.04x in FY25, down from 14.00x in FY24, reflecting slightly higher finance costs of INR 2.38 Cr.

⚙️ Operational Drivers

Raw Materials

Cotton and blended fibers are the primary raw materials, with material costs constituting 30-40% of the total cost of sales.

Capacity Expansion

Current capacity is not specified in MT; however, the company is expanding its retail footprint by 35 stores in FY26 to increase direct-to-consumer reach.

Raw Material Costs

Cost of materials consumed was INR 255.41 Cr in Q2 FY26. Sharp commodity price fluctuations in FY24 caused margins to moderate to 13.6% from 16.8% in FY23, demonstrating high sensitivity to input price volatility.

Manufacturing Efficiency

The company utilizes an asset-light model to maintain high ROCE (18.44% in FY25) and flexibility in production volumes based on seasonal demand.

📈 Strategic Growth

Expected Growth Rate

12-14%

Growth Strategy

Growth will be achieved through a 12-14% revenue guidance for FY26, driven by the expansion of the retail store network (35 new stores), aggressive promotion of premium brands like Cadini, and leveraging the early onset of the festive season to drive volume growth in the Fabric and Garment segments.

Products & Services

Fabrics (Suiting and Shirting), Readymade Garments, and Yarn.

Brand Portfolio

Siyaram's, Cadini, J. Hampstead, Oxemberg.

New Products/Services

The retail business expansion is expected to contribute to topline growth but may initially hit EBITDA margins by approximately 150 basis points due to setup and promotional costs.

Market Expansion

Focusing on Tier-2 and Tier-3 cities and expanding the store network to 35 outlets in FY26.

Market Share & Ranking

The company is noted as one of the largest players in the organized fabric segment in India.

Strategic Alliances

Cadini SRL, Italy is a 100% subsidiary providing premium brand positioning and operational integration.

🌍 External Factors

Industry Trends

The textile industry is seeing a shift toward branded apparel and organized retail. SIYSIL is positioning itself by increasing its garment share (15% of Q2 revenue) and expanding its own retail outlets to capture higher margins.

Competitive Landscape

Operates in a highly fragmented industry with intense competition from both organized players and unorganized local manufacturers.

Competitive Moat

The moat consists of a 40-year-old legacy brand, a massive distribution network, and an asset-light model that ensures a healthy ROE of 15.42% and ROCE of 18.44% even during market volatility.

Macro Economic Sensitivity

Highly sensitive to consumer buying sentiment and the festive/wedding season, which drives significant quarterly volume fluctuations.

Consumer Behavior

Shift toward ready-to-wear garments is prompting the company to increase its focus on the Garment segment (15% of revenue) vs traditional Fabric (77%).