SILKY
Silky Overseas financials
- Market cap
- ₹44 Cr
- Sector
- Textiles
- Calls analysed
- 1
SILKY Q3 FY26
What went well
- FY25 Revenue of ₹124 crores and PAT of ₹10 crores.
- Low e-commerce sales return rate of 3-4%, with total customer and courier returns at 10-12%, considered very good for the e-commerce industry.
- Successful installation of a 750kW solar power system, leading to reduced energy costs.
What to watch
- High receivable days in the current year attributed to North India floods in August/September and US import tariffs on textiles, impacting sales.
- Current capacity utilization for FY24-25 is 68%, indicating underutilization.
Guidance record · Q3 FY26
what the last two calls moved 2 tracked 0 delivered 0 missed 2 open- E-commerce share of total sales open said Q3 FY26 Promised: Increase e-commerce share to 10% of total sales in the next couple of years. Q3 FY26: Current share is 3%. Stated target is to reach 10% in the 'next couple of years' by leveraging Flipkart's FBF model.
All 2 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue down 32.1%, net profit down 71.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48 | 31 | 24 | 25 | 38 −21% | 32 +4% | 13 −47% | 17 −32% |
| EBITDA | 5 | 5 | 3 | 4 | 5 −2% | 4 −18% | 0 −92% | 2 −37% |
| Net profit | 4 | 3 | 3 | 3 | 2 −42% | 2 −26% | -1 −123% | 1 −71% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −39.2% 1Y
1Y: ₹113 on 9 Sept 2025 → ₹68.75. High ₹157.5 (9 Mar 2026), low ₹65 (25 Aug 2026).
How the price took the results
close before → close after
- Q3 FY26
- +1.1%
- 21 Jan
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue fell 13.1% a year over 1 year, FY25 to FY26. Operating margin narrowed to 12.3%.
| Year ending | FY25 | FY26 |
|---|---|---|
| Revenue | ₹124 Cr | ₹108 Cr |
| Operating profit | ₹16 Cr | ₹13 Cr |
| Operating margin | 13.0% | 12.3% |
| Interest | ₹2 Cr | ₹2 Cr |
| Depreciation | ₹2 Cr | ₹2 Cr |
| Net profit | ₹11 Cr | ₹7 Cr |
| Net margin | 9.2% | 6.4% |
| Cash from operations | ₹8 Cr | ₹-18 Cr |
| Free cash flow | ₹7 Cr | ₹-28 Cr |
| ROCE | 36.5% | 17.9% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity capital | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹6 Cr | ₹6 Cr |
| Reserves | ₹-0 Cr | ₹1 Cr | ₹11 Cr | ₹51 Cr | ₹52 Cr |
| Borrowings | ₹31 Cr | ₹29 Cr | ₹26 Cr | ₹25 Cr | ₹25 Cr |
| Other liabilities | ₹2 Cr | ₹7 Cr | ₹10 Cr | ₹11 Cr | ₹9 Cr |
| Total liabilities | ₹37 Cr | ₹41 Cr | ₹51 Cr | ₹94 Cr | ₹92 Cr |
| Fixed assets | ₹14 Cr | ₹15 Cr | ₹13 Cr | ₹12 Cr | ₹16 Cr |
| Capital work in progress | ₹3 Cr | ₹0 Cr | ₹0 Cr | ₹4 Cr | ₹4 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹20 Cr | ₹25 Cr | ₹37 Cr | ₹77 Cr | ₹72 Cr |
| Total assets | ₹37 Cr | ₹41 Cr | ₹51 Cr | ₹94 Cr | ₹92 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jul 2025, the public added +6.06 pp while DIIs trimmed −4.00 pp. The shareholder count shrank 69% to 322.
- Promoters
- 60.5%
- FIIs
- 4.2%
- DIIs
- 2.0%
- Public
- 33.3%
Since Jul 2025
- Public +6.06 pp
- DIIs −4.00 pp
- FIIs −2.08 pp
How it drifted, 4 quarters
Over this window the public went from 27.3% to 33.3% — +6.1 pp.
Ownership split by quarter, oldest first. Jul '25: Promoters 60.5%, FIIs 6.3%, DIIs 6.0%, Public 27.3%.Dec '25: Promoters 60.5%, FIIs 3.4%, DIIs 2.0%, Public 34.1%.Mar '26: Promoters 60.5%, FIIs 4.2%, DIIs 2.0%, Public 33.3%.Jun '26: Promoters 60.5%, FIIs 4.2%, DIIs 2.0%, Public 33.3%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Silky Overseas Ltd above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Sawar Mal Goyal | 43.25% | unchanged |
| Ananya Goyal | 14.13% | unchanged |
| Gretex Share Broking Private Limited | 8.44% | unchanged |
| Vincent Commercial | 3.77% | unchanged |
| S M Goyal And Sons Huf | 3.14% | unchanged |
| Pine Oak Global Fund FPI fund | 2.61% | unchanged |
| Holani Venture Capital Fund- Holani Venture Capital Fund-I Mutual fund | 1.96% | unchanged |
| Socradamus Capital Private Limited | 1.92% | unchanged |
| Soumya Goyal | 0.00% | unchanged |
| Shalu Goyal | 0.00% | unchanged |
| Sanjay Goyal | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Silky Overseas Ltd
Guides on how to read this kind of business and the numbers that matter.