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    Sai Silks

    South India's leading ethnic-wear retailer selling sarees, lehengas and value fashion across five store brands.

    Consumer Services
    Consumer Discretionary
    View KALAMANDIR earnings calls
    ₹109.31
    +4.17% from avg

    Overview

    Price

    ₹109.31

    Market Cap

    ₹1.4k Cr

    Sector

    Consumer Services

    Consumer Discretionary

    Rank

    4

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital2324242429292929
    Reserves2082192773731.0k1.1k1.2k1.2k
    Borrowings233279347526464405301361
    Other Liabilities229143195297114104314227
    Total Liabilities6936658421.2k1.6k1.6k1.8k1.8k
    AssetsFixed Assets251225249379414465503583
    CWIP02002031
    Investments00000000
    Other Assets4424385938411.2k1.2k1.3k1.3k
    Total Assets6936658421.2k1.6k1.6k1.8k1.8k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating3085-154641-21107323
    Cash from Investing-47-47-18-42-60-332118-153
    Cash from Financing37-4519115393-184-236
    SummaryCapital Expenditure
    Free Cash Flow-2438-2120-19-6354272
    FCF Margin

    Valuation

    Assumptions

    Current — KALAMANDIR
    Price
    ₹109
    EPS (TTM)
    ₹8.90
    PE (TTM)
    12.3
    Profit growth
    13.3%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (24.7×) and current (12.3×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹109
    vs
    Fair value · 15% return
    ₹87
    20%Overvalued

    At 13.3% growth and a 12× exit, ₹109 only delivers your return if you pay ₹87. The price is currently baking in 18% growth.

    EPS grows 13.3%/yr for 5 years, then fades to 6% over 2, exits at 12×.

    YearGrowthEPS (₹)
    FY2713.3%10.08
    FY2813.3%11.42
    FY2913.3%12.94
    FY3013.3%14.67
    FY3113.3%16.62
    FY329.7% ·fade18.22
    FY336.0% ·fade19.31

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Sai Silks

    Guides on how to read this kind of business and the numbers that matter.