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Siyaram Silk Mills share price & results

Siyaram Silk Mills Limited· Textiles· Consumer Discretionary

Results to
Sept 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Textile major manufacturing and marketing menswear fabrics, garments and fast-fashion/ethnic retail brands like Siyaram's, ZECODE and DEVO.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue813 ₹ crore+15.2% YoYQuarterly, as filedQuarter to Sept 2026Revenue from operations as filed.
Operating margin14.0 %−1.0 pts YoYOperating profit / revenueQuarter to Sept 2026For the quarter; a change is in percentage points.
Net profit75.0 ₹ crore−13.8% YoYQuarterly, as filedQuarter to Sept 2026Profit after tax as filed.
Return on equity19.00 %−1.2 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin1.32 %−4.0 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)13.95 %+9.5 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Sept 2026

Guidance

What management said, and what became of it

3 of 7 judged targets kept · 10 open · verdicts reflect calls analysed to Q1 FY27.

Siyaram Silk Mills Limited management guidance track record on Inve: 17 targets tracked across analysed earnings calls (3 achieved, 4 missed, 10 open).

TargetOriginal wordingSaidLatest callVerdict
FY26 Revenue Growth10-12%
Call transcript, Q4 FY25 · 14 May 2025		Q4 FY25Q1 FY27:No update, promise concluded in prior fiscal year.
Call transcript, Q1 FY27 · 31 Jul 2026		Achieved
EBITDA Margin Drag from New Retail100-150 basis points
Call transcript, Q4 FY25 · 14 May 2025		Q4 FY25Q1 FY27:No update provided on the final FY26 figure. Promise remains ghosted.
Call transcript, Q1 FY27 · 31 Jul 2026		Ghosted
Marketing Spend as % of Revenue4-5%
Call transcript, Q3 FY26 · 29 Jan 2026		Q3 FY26Q1 FY27:No specific update on marketing spend, but management reiterated overall FY27 guidance, which implicitly includes this ongoing spend level.
Call transcript, Q1 FY27 · 31 Jul 2026		On Track

Source: Inve Guidance Tracker for Siyaram Silk Mills Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

4 of Siyaram Silk Mills Limited's 17 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 14 more targets are in the full ledger.

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Price

₹460.4 −4.32% · −₹20.8

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −37.1% 1Y

₹0₹200₹400₹600₹800Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 6 Nov 2025Q3 FY26 — 29 Jan 2026Q4 FY26 — 21 May 2026Q1 FY27 — 31 Jul 2026

1Y: ₹731.85 on 24 Oct 2025 → ₹460.4. High ₹826.35 (4 Nov 2025), low ₹31.63 (17 Aug 2026).

Previous close
₹481.2
Market cap
₹2.1k Cr
52-week range
₹31.63 – ₹826.35
One year
−36.93%
Price to earnings (TTM to Sept 2026)
9.30×
Return on equity (TTM to Sept 2026)
19.00%

Overview

Symbol
NSE:SIYSIL
Sector
Textiles
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Siyaram Silk Mills Limited does

Based on the company's own presentations, annual report and earnings calls.

Siyaram Silk Mills designs, manufactures and markets fabrics (suiting, shirting, blended and ethnic wear) and readymade garments under owned brands, sold via distributors, multi-brand outlets, exclusive shops and online, and exports to the USA, Europe, Australia, Far East, Gulf and Sri Lanka. It has diversified into company-owned fast-fashion and ethnic-wear retail through its ZECODE and DEVO store chains, and into premium lifestyle products via Cadini Italy perfumes. Manufacturing is vertically integrated across weaving, processing and garmenting, spanning plants at Tarapur, Daman, Amravati and Silvassa, with captive rooftop solar power at all units.

Segments

  • Fabric
  • Garments
  • Yarn & Others
  • Retail (ZECODE/DEVO)
Manufacturing plants
4 (Tarapur, Daman, Amravati, Silvassa)
Total retail stores (ZECODE + DEVO)
44 (27 ZECODE + 17 DEVO)
Owned/marketed brands
13+ across fabric, garment, ethnic, fast-fashion and lifestyle categories
Distribution channels
Distributors, multi-brand outlets, institutions, exclusive shops and online marketplaces
Export markets
USA, Europe, Australia, Far East, Gulf and Sri Lanka
Sustainability infrastructure
Captive rooftop solar power plants across all manufacturing units
Founded 1978Headquarters Mumbai, Maharashtra (corporate office); registered office at Tarapur, Boisar, Palghar, Maharashtra Company website

How the price took the results

close before → close after

Q1 FY27
0.0%
31 Jul
Q4 FY26
+3.1%
21 May
Q3 FY26
−3.1%
29 Jan
Q2 FY26
−4.4%
6 Nov

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.

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