Financial Performance Highlights (Standalone)

Q1 FY27 Key Figures:

  • Total Income: ₹466 crores, representing 16.4% year-on-year growth from ₹400 crores in Q1 FY26
  • EBITDA: ₹40 crores, showing 22.3% year-on-year growth from ₹33 crores in Q1 FY26
  • EBITDA Margin: 8.6% compared to 8.2% in Q1 FY26
  • PAT: ₹11 crores, marking 144.4% year-on-year growth from ₹5 crores in Q1 FY26
  • PAT Margin: 2.4% compared to 1.1% in Q1 FY26
  • EPS: ₹2.5 compared to ₹1.0 in Q1 FY26

Full Year Comparison:

  • FY26 Total Income: ₹2,653 crores compared to ₹2,296 crores in FY25 (15.5% growth)
  • FY26 EBITDA: ₹413 crores compared to ₹353 crores in FY25 (17.1% growth)
  • FY26 EBITDA Margin: 15.6% compared to 15.4% in FY25
  • FY26 PAT: ₹228 crores compared to ₹199 crores in FY25 (14.8% growth)
  • FY26 PAT Margin: 8.6% compared to 8.7% in FY25
  • FY26 EPS: ₹50.3 compared to ₹43.8 in FY25

Operational Highlights

  • Added 3 ZECODE stores and 2 DEVO stores in Q1 FY27
  • Total store count reached 30 ZECODE stores and 19 DEVO stores
  • Plan to reach approximately 70 stores across both brands in FY27, funded entirely through internally generated cash flows
  • Business revenue mix: Fabric (71%), Garments (19%), Yarn & Others (10%)

Management Commentary

Mr. Gaurav Poddar, Executive Director, commented that demand remained stable despite moderation in wedding and occasion-led consumption due to the Adhik Maas period. Consumers adopted a value-conscious approach to spending, while inflationary pressures on input costs persisted during the quarter. The company anticipates improvement in consumer demand and spending sentiment during the upcoming festive season.

Company Background

Siyaram Silk Mills Limited was incorporated in 1978 and is headquartered in Mumbai, India. The company operates as one of the largest producers of blended high fashion suitings, shirtings and apparels under brands including Siyaram, J. Hampstead, Oxemberg, and Cadini.

Safe Harbour Statement

The document contains forward-looking statements subject to risks and uncertainties. The financial figures have been rounded off to the nearest whole number and represent standalone financials.