Siyaram Silk Mills Ltd (BOM:503811)
₹ 552.75 -6.5 (-1.16%) Market Cap: 25.08 Bil Enterprise Value: 26.47 Bil PE Ratio: 10.57 PB Ratio: 1.72 GF Score: 78/100

Q4 2026 Siyaram Silk Mills Ltd Earnings Call Transcript

May 21, 2026 / 06:00AM GMT
Release Date Price: ₹590.5 (+3.09%)

Key Points

Positve
  • Siyaram Silk Mills Ltd (BOM:503811) reported a strong year-on-year revenue growth of 16.1% for Q4 FY26 and 15.5% for the full year.
  • The company achieved a milestone of crossing INR2,500 crores in revenue, INR300 crores in PBT, and INR225 crores in PAT for FY26.
  • Siyaram Silk Mills Ltd (BOM:503811) declared a total dividend of INR16 per equity share for FY26, reflecting a strong financial position.
  • The company plans to expand its retail footprint with a target of reaching approximately 70 stores by the end of the next financial year.
  • Siyaram Silk Mills Ltd (BOM:503811) is investing in brand-building initiatives and increased marketing efforts to enhance consumer engagement and drive footfall.
Negative
  • The company faces challenges from elevated input and logistics costs, inflationary pressures, and evolving geopolitical conditions.
  • Despite the retail expansion, the company anticipates a 150 basis point drop in EBITDA margin due to the nascent stage of its retail operations.
  • The residential project in Dombivali is a one-off project and not part of the company's core textile and fashion business, which may divert focus.
  • Inventory and debtors have increased by 25% this year, attributed to new store openings and regular inventory management processes.
  • The company's export business remains a small percentage of overall revenue, with limited growth potential compared to domestic operations.
Operator

Ladies and gentlemen, good day, and welcome to Siyaram Silk Mills Limited Q4 FY26 earnings conference call. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Ms. Mamta Nehra from MUFG Intime India Private Limited. Thank you, and over to you, ma'am.

Mamta Nehra
MUFG Intime India Private Limited - Investor Relations

Thank you. Good morning, ladies and gentlemen. I welcome you to the Q4 and FY26 Earnings Conference Call of Siyaram Silk Mills Limited. To discuss this quarter's performance, we have from the management, Mr. Gaurav Poddar, President and Executive Director; Mr.

Ashok Jalan, Senior President and Director; and Mr. Surendra Shetty, Chief Financial Officer; Mr. Dinesh Jhateelia, Vice President, Finance.

Before we proceed with the call, I would like to mention that some of the statements made in today's call may be forward-looking in nature and may involve risks and uncertainties. For more details, kindly refer to the investor presentation and other filings that can be

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