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. The Company exports to countries like UAE, Australia, Bahrain, Bangladesh, Cambodia, Canada, etc.
Q3 FY26 Earnings Results
- Revenue from Operations: ₹624.08 cr, +9.35% YoY vs ₹570.73 cr, −11.56% QoQ vs ₹705.64 cr.
- EBITDA: ₹84.12 cr, +1.5% YoY vs ₹83 cr, margin 13.2%.
- PAT: ₹41.77 cr, −8% YoY vs ₹45.39 cr, −51.82% QoQ vs ₹86.70 cr, margin 6.69% (−560 bps QoQ).
- Other key metrics: Operating profit excl OI ₹67.86 cr (−36.76% QoQ); 9M revenue ₹1,782 cr (+15.74% YoY); 9M PAT ₹134 cr.
Management Commentary & Strategic Decisions
- Festive demand surge followed by pullback and slower discretionary spending; committed to quality/innovation despite shifts.
- Strategic moves: 2nd interim dividend ₹3/share (record date Feb 2, 2026); 9M revenue tracks upper end of 12-14% FY26 guidance.
Q2 FY26 Earnings Results
- Revenue from Operations: ₹705.64 cr / total income ₹743 cr, +18.1% YoY.
- EBITDA: ₹145 cr, +31.1% YoY, margin 19.5%.
- PAT: ₹86.70 cr, +27.2% YoY vs ₹68.17 cr.
- Other key metrics: Fabric 77%, garments 15%; H1 revenue ₹1,143 cr (+19.1% YoY), PAT ₹92 cr (+13.9% YoY); ZECODE/DEVO stores expanded.
Management Commentary Q2
- Strong revenue/profit growth from product mix, efficiencies; retail brands ZECODE/DEVO momentum.
- Strategic moves: Guidance upgraded to 12-14% revenue growth FY26; EBITDA margin ~14% legacy biz; asset-light shift, 35 stores target.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.