Company Disclosure

Sai Silks (Kalamandir) Limited submitted an investor presentation to BSE Limited (Scrip Code: 543989) and National Stock Exchange of India Limited (Symbol: KALAMANDIR) on July 15, 2026. The submission was made in accordance with Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015, regarding the Un-Audited financial results for the Quarter ended June 30, 2026.

The presentation was digitally signed by M.K. Bhaskara Teja, Company Secretary & Compliance Officer (M.No A39542), and was also uploaded to the company website at https://sskl.co.in/wp-content/uploads/2026/07/SSKL-Q1_FY27-Investor-Presentation-150726.pdf.

Company Overview

Sai Silks Kalamandir Limited (SSKL) is described as one of the largest apparel retailers, particularly sarees, in South India, offering products across premium ethnic apparel and value fashion. The company focuses on innovative designs across ultra-premium and premium sarees, lehengas, men's ethnic wear, children's ethnic wear and value fashion for weddings, occasional, party and daily wear.

The company operates under five differentiated brand formats:

  • Kalamandir (founded 2005) - Ethnic fashion for middle income
  • Mandir (founded 2011) - Ultra-premium designer sarees
  • Kanchipuram Varamahalakshmi Silks (founded 2011) - Premium ethnic sarees & handlooms for wedding & occasional wear
  • KLM Fashion Mall (founded 2017) - Ethnic fashion at affordable price points
  • Valli Silks (founded 2025) - Everyday ethnic elegance at pocket-friendly prices

As of June 30, 2026, the company operates:

  • 12 Kalamandir stores (small/medium/large format)
  • 3 Mandir stores (small format)
  • 38 Kanchipuram Varamahalakshmi stores (small/medium/large format)
  • 19 KLM Fashion Mall stores (large format)
  • 11 Valli Silks stores (small format)

Total: 83 stores across Telangana, Karnataka, Andhra Pradesh, Tamil Nadu and Puducherry.

The company employs a cluster-based expansion model with stores strategically located in prime areas. The presentation notes that 71.5% of revenue came from the saree segment in FY25.

Financial Performance - Q1 FY27 Results

Quarter ended June 30, 2026 (Unaudited):

  • Revenue from operations: ₹375.08 crore
  • Other income: ₹5.69 crore
  • Total income: ₹380.77 crore

Expenses:

  • Purchases of stock-in-trade: ₹280.40 crore
  • Changes in inventories: -₹62.60 crore
  • Employee benefit expense: ₹52.50 crore
  • Finance costs: ₹8.30 crore
  • Depreciation and amortization: ₹14.84 crore
  • Other expenses: ₹52.93 crore
  • Total expenses: ₹346.36 crore

Profitability:

  • Profit before tax: ₹34.41 crore
  • Tax expense: ₹8.77 crore (Current tax: ₹9.40 crore, Deferred tax: -₹0.63 crore)
  • Profit after tax: ₹25.64 crore

Comparative Performance:

  • Q1 FY27 vs Q1 FY26: Revenue decreased from ₹379.02 crore to ₹375.08 crore (-1.0%), while PAT increased from ₹30.06 crore to ₹25.64 crore
  • Q1 FY27 vs Q4 FY26: Revenue decreased from ₹419.06 crore to ₹375.08 crore (-10.5%), while PAT decreased from ₹32.65 crore to ₹25.64 crore (-21.5%)

Operational Highlights

E-commerce Presence:

  • The company has significant online penetration with 1.3 million followers across platforms
  • Websites receive 102,665 visits per day across 4 formats
  • E-commerce serves 25 states and 6 Union Territories
  • Average order value: ₹4,744
  • Own e-commerce websites: kalamandir.com, brandmandir.com, kanchivml.com, klmfashionmall.com

Supply Chain & Inventory:

  • 4,000+ master weavers, weavers and vendors across India
  • 80-member procurement team
  • Warehousing capacity: 220,360 square feet across Karnataka, Andhra Pradesh, Telangana, and Tamil Nadu (2 warehouses)
  • All products are barcoded for systematic inventory management
  • Uses in-house ERP system with AI/ML integration for store-level insights

Market Position:

  • The presentation references a Technopak industry report dated July 12, 2022 on the Indian Ethnic Wear Market for Women
  • Claims at least 1 saree purchased in over 90% households in South India
  • Notes shift from unorganized to organized market (increased from 14% in FY2007 to 32% in FY2020)

Management & Governance

Board of Directors:

  • Mr. Nagakanaka Durga Prasad Chalavadi (Managing Director) - 20+ years experience, MBA
  • Mr. Kalyan Srinivas Annam (Whole Time Director) - 19 years experience, responsible for projects and strategic planning
  • Mr. Doodeswara Kanaka Durgarao Chalavadi (Whole Time Director) - 15 years experience, responsible for procurement & marketing
  • Mr. Ravindra Vikram Mamidipudi (Chairman & Independent Director) - 45 years finance experience
  • Ms. Sridevi Dasat (Independent Director) - 15 years secretarial and regulatory experience
  • Additional Independent Director with 32 years investment banking experience
  • Additional Independent Director with 31 years private equity/venture fund management experience

Disclaimer

The presentation contains extensive disclaimer language noting that it is confidential, contains forward-looking statements, and is not an offer of securities. It specifically references the Technopak industry report and includes their required disclaimer language. The presentation notes it does not constitute an offer of securities for sale in the United States or elsewhere.