Siyaram Silk Mills (NSE:SIYSIL) Dividend Payout Ratio: 0.14 (As of Mar. 2026) — 44% Below Median

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NSE:SIYSIL Siyaram Silk Mills Ltd NSE:SIYSIL
87 GF Score
Price ₹630.45
GF Value ₹678.31
Valuation Fairly Valued
! 2 Warning Signs
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What is Siyaram Silk Mills Dividend Payout Ratio?

Siyaram Silk Mills NSE:SIYSIL -1.40% 87 Dividend Payout Ratio is 0.14 as of Mar. 2026, which is 44% below its 10-year median of 0.25. GuruFocus rates NSE:SIYSIL with a GF Score™ of 87/100 and a GF Value™ of ₹678.31 (Fairly Valued). The stock has 2 warning signs investors should review. Among 412 Manufacturing - Apparel & Accessories companies, Siyaram Silk Mills ranks better than 72.09% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Siyaram Silk Mills's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.14.

The historical rank and industry rank for Siyaram Silk Mills's Dividend Payout Ratio or its related term are showing as below:

NSE:SIYSIL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.25   Max: 0.46
Current: 0.24


During the past 13 years, the highest Dividend Payout Ratio of Siyaram Silk Mills was 0.46. The lowest was 0.19. And the median was 0.25.

NSE:SIYSIL's Dividend Payout Ratio is ranked better than
72.09% of 412 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.435 vs NSE:SIYSIL: 0.24

As of today (2026-07-17), the Dividend Yield % of Siyaram Silk Mills is 1.90%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Siyaram Silk Mills was 6.55%. The lowest was 0.40%. And the median was 1.72%.

Siyaram Silk Mills's Dividends per Share for the months ended in Mar. 2026 was ₹3.00.

During the past 12 months, Siyaram Silk Mills's average Dividends Per Share Growth Rate was 9.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Siyaram Silk Mills was 55.30% per year. The lowest was 0.00% per year. And the median was 9.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Siyaram Silk Mills (NSE:SIYSIL) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Siyaram Silk Mills Dividend Payout Ratio Related Terms


Siyaram Silk Mills Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Siyaram Silk Mills's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Siyaram Silk Mills Dividend Payout Ratio Chart

Siyaram Silk Mills Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.20 0.28 0.27 0.27

Siyaram Silk Mills Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.00 0.26 0.43 0.14

Siyaram Silk Mills Dividend Payout Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Siyaram Silk Mills's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Siyaram Silk Mills Dividend Payout Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Siyaram Silk Mills's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Siyaram Silk Mills's Dividend Payout Ratio falls into.


NSE:SIYSIL
87GF Score
Siyaram Silk Mills Ltd NSE:SIYSIL
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siyaram Silk Mills Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Siyaram Silk Mills's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=12/ 45.121
=0.27

Siyaram Silk Mills's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=3/ 21.55
=0.14

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.14 mean?
Siyaram Silk Mills (NSE:SIYSIL) has a Dividend Payout Ratio of 0.14 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Siyaram Silk Mills and its competitors. This is 44% below median its historical median of 0.25. Over the past decade, Siyaram Silk Mills' Dividend Payout Ratio has ranged from 0.19 to 0.46. According to the industry distribution chart, Siyaram Silk Mills ranks #115 out of 412 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 27.9%.
Is Siyaram Silk Mills' Dividend Payout Ratio too high?
Siyaram Silk Mills' current Dividend Payout Ratio of 0.14 is 44% below median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.46. The Manufacturing - Apparel & Accessories industry median Dividend Payout Ratio is 0.44. Siyaram Silk Mills' value of 0.14 is 67.8% below this industry median. Based on the distribution chart, Siyaram Silk Mills ranks #115 out of 412 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Siyaram Silk Mills has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siyaram Silk Mills' Dividend Payout Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Siyaram Silk Mills ranks #115 out of 412 companies for Dividend Payout Ratio. This puts Siyaram Silk Mills in the upper half of its industry. The industry median Dividend Payout Ratio is 0.44. Siyaram Silk Mills' value of 0.14 is 67.8% below this benchmark. Historically, Siyaram Silk Mills' own Dividend Payout Ratio has ranged from 0.19 to 0.46 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.44, Siyaram Silk Mills has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Manufacturing - Apparel & Accessories company?
The median Dividend Payout Ratio among Manufacturing - Apparel & Accessories companies is 0.44, based on 412 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Siyaram Silk Mills's current Dividend Payout Ratio of 0.14 is 67.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Siyaram Silk Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siyaram Silk Mills's current Dividend Payout Ratio is 0.14, which is 44% below median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siyaram Silk Mills stock overvalued right now?
Based on GuruFocus' analysis, Siyaram Silk Mills (NSE:SIYSIL) is currently considered Fairly Valued. The stock's GF Value™ is ₹678.31, compared to a current price of ₹630.45 — trading 7.1% below its estimated fair value. The current Dividend Payout Ratio is 0.14, which is 44% below median its 10-year median of 0.25 and 67.8% below the Manufacturing - Apparel & Accessories industry median of 0.44. Siyaram Silk Mills' overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Siyaram Silk Mills (NSE:SIYSIL), the current Dividend Payout Ratio is 0.14 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Siyaram Silk Mills (NSE:SIYSIL) Overvalued in 2026?

Based on GuruFocus' analysis, Siyaram Silk Mills stock appears to be undervalued. The current stock price of ₹630.45 is trading 7.1% below its estimated GF Value™ of ₹678.31. GuruFocus considers Siyaram Silk Mills to be Fairly Valued.

Key valuation signals for NSE:SIYSIL:

  • Dividend Payout Ratio: 0.14 (44% below median its 10-year median of 0.25)
  • GF Value™: ₹678.31 vs. price of ₹630.45 (7.1% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 67.8% below the Manufacturing - Apparel & Accessories median (#115 of 412)

No single metric tells the full story. See the NSE:SIYSIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Siyaram Silk Mills Business Description

Other Exchanges 503811:India
Address Senapati Bapat Marg, B-5, Trade World, Kamala City, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013
Siyaram Silk Mills Ltd is a manufacturer and marketer of fabrics, readymade garments, and other textile products. It sells its products under the brand name Cadini, Siyaram's, Oxemberg, and others. The company operates a chain of retail outlets across India. A majority of the company's revenue is generated from its business in India and the rest from other regions.
87GF Score

Get the complete analysis for NSE:SIYSIL

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹630.45
Price
₹678.31
GF Value