Company Symbol

SIYSIL

Quarterly Financial Performance (Standalone)

Q1 FY27 vs Q1 FY26 Comparison:

  • Total Income: ₹466 crores (₹4,663 million) vs ₹400 crores (₹4,005 million), up 16.4%
  • Cost of Goods Sold: ₹229 crores (₹2,293 million) vs ₹217 crores (₹2,168 million)
  • Employee Expenses: ₹52 crores (₹520 million) vs ₹46 crores (₹455 million)
  • Other Expenses: ₹121 crores (₹1,205 million) vs ₹106 crores (₹1,056 million)
  • EBITDA: ₹399 million vs ₹326 million, up 22.3%
  • EBITDA Margin: 8.6% vs 8.2%
  • Depreciation: ₹180 million vs ₹198 million
  • EBIT: ₹219 million vs ₹128 million, up 71.1%
  • EBIT Margin: 4.7% vs 3.2%
  • Finance Cost: ₹73 million vs ₹64 million
  • Profit Before Tax: ₹146 million vs ₹64 million, up 128.1%
  • PBT Margin: 3.1% vs 1.6%
  • Tax: ₹34 million vs ₹18 million
  • Profit After Tax: ₹112 million vs ₹46 million, up 144.4%
  • PAT Margin: 2.4% vs 1.1%
  • EPS: ₹2.48 vs ₹1.01

Revenue Breakdown by Business Segment (Q1 FY27):

  • Fabric: 71% of revenue
  • Garments: 19% of revenue
  • Yarn & Others: 10% of revenue

Other Income Components (Q1 FY27):

  • Interest collection from debtors: ₹79.4 million
  • Mark-to-market gains on investments: ₹74.6 million
  • Rental income: ₹21.1 million

Retail Expansion Update

  • Added 3 ZECODE stores, taking total to 30 stores
  • Added 2 DEVO stores, taking total to 19 stores
  • Plan to reach approximately 70 stores across both brands by FY27
  • Stores positioned in high-footfall areas with marketing through billboards, hoardings, and social media

Management Commentary

From Mr. Gaurav Poddar, President & Executive Director:

  • Demand remained stable despite moderation in wedding and occasion-led consumption due to Adhik Maas period
  • Consumers adopted value-conscious spending approach
  • Inflationary pressures on input costs persisted
  • Strong brand portfolio and diversified product offerings helped maintain steady progress
  • Outlook for coming quarters remains encouraging despite selective consumer spending patterns

Corporate Action: Bonus Issue of Preference Shares

  • The Board has proposed issuance of cumulative non-convertible redeemable preference shares (CNCRPS) by way of bonus
  • Issue size: ₹318 crores from general reserves/retained earnings
  • Series I: 4 nine percent CNCRPS of ₹10 each for every 1 equity share of ₹2 each
  • Series II: 3 nine percent CNCRPS of ₹10 each for every 1 equity share of ₹2 each
  • Series I CNCRPS to be redeemed at end of 3rd year
  • Series II CNCRPS to be redeemed at end of 5th year
  • CNCRPS will be listed on NSE/BSE
  • Scheme approved by NCLT, Mumbai vide order dated 21st July, 2026
  • Scheme declared effective from 30th July, 2026
  • Record Date fixed for 22nd August, 2026

Sustainability Initiatives

  • Total installed solar capacity: 6,792 kWp across manufacturing facilities
  • Reduces carbon emissions by approximately 5,000-6,000 metric tons of CO2 annually
  • Target: 15% electricity consumption through renewable energy by 2030
  • Enhanced energy efficiency through LED lighting and high-efficiency motors