MarketFriction

Siyaram Silk Mills Ltd

NSE SIYSIL · BSE 503811 · Other Textile Products
₹531.55 -1.56%
NSE close2026-10-01
52 week range433.35 - 848.80
Market cap₹2,460 Cr.
P/E10.4
Price band 20% Delivery 55.7%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales586503648307608571736389706624853446
Expenses498435542297519504625369598556716428
Operating Profit8869106108966111211076813718
OPM %15%14%16%3.1%15%12%15%5%15%11%16%4.0%
Other Income12116242116141237161822
Interest5655668691097
Depreciation141414141415182021201818
Profit before tax81609315916210061155512714
Tax %24%26%26%25%25%26%28%28%25%23%23%24%
Net Profit61446912684572587429811
EPS in Rs13.089.7915.212.5315.0310.0015.881.0219.119.2121.552.43
Mar 2016Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,6051,7331,8161,6991,0891,9052,2332,0922,2222,5722,629
Expenses1,4151,4881,5771,5321,0351,5721,8641,8061,9462,2402,299
Operating Profit18924524016754333368286276333330
OPM %12%14%13%10%4.9%17%16%14%12%13%13%
Other Income1520233441344036758393
Interest3134484330182020243435
Depreciation4361627361595855607977
Profit before tax130170152853291331247267303311
Tax %35%35%35%19%-3%26%24%25%26%24%
Net Profit8511199694216251185197231237
EPS in Rs18.1023.6421.1414.770.7646.1453.5540.7243.4550.8952.30
Dividend Payout %12%18%21%58%602%20%21%27%28%31%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth5%19%5%14%
Compounded Profit Growth9%118%-6%25%
Stock Price CAGR8%8%-2%-16%
Return on Equity%19%16%15%
Mar 2016Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital9999999999
Reserves4986697467537589251,1281,1281,2741,451
Borrowings408573444433139223163175262352
Other Liabilities280302303308304356337290343379
Total Liabilities1,1961,5531,5021,5031,2101,5131,6371,6021,8882,192
Fixed Assets414443523552490501480477591593
CWIP5938432519314
Investments6251717373812430207273
Other Assets7709939549316819721,0271,0771,0881,311
Total Assets1,1961,5531,5021,5031,2101,5131,6371,6021,8882,192
Mar 2016Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity71-311922013304523512925593
Cash from Investing Activity-101-154-13-28-22-53-11368-248-69
Cash from Financing Activity30204-194-177-3078-123-194-10-23
Net Cash Flow119-15-41-0-03-32
Free Cash Flow5-175150158315-211927911934
CFO/OP38%-12%103%120%622%37%83%65%115%45%
Mar 2016Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days83897973877470828692
Inventory Days149203191191147165143172148161
Days Payable808679811028765606768
Cash Conversion Cycle152207191183133152148193166184
Working Capital Days4056818011893941159593
ROCE %17%11%3%29%28%21%20%19%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters67.18%67.45%67.45%67.45%67.45%67.45%67.45%67.45%67.45%67.44%67.45%67.45%
FIIs1.91%1.75%1.56%1.53%1.48%1.93%2.63%2.54%2.61%2.70%2.25%1.96%
DIIs4.42%3.44%2.93%2.54%2.52%2.52%2.52%2.54%2.51%2.46%2.46%2.51%
Public26.49%27.37%28.07%28.47%28.56%28.11%27.40%27.47%27.44%27.40%27.84%28.09%
No. of Shareholders51,44939,85539,72239,09140,14149,72950,46750,61450,82747,43747,66046,029

Fundamentals

Market Cap₹ 2,460 Cr.
Current Price₹ 541
Stock P/E10.4
Book Value₹ 322
ROCE18.8 %
ROE14.9 %
Dividend Yield2.22 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)14%
Compounded Profit Growth (TTM)25%
Consolidated figures.
Valuation
Market capRs 2,412 Cr
Enterprise valueRs 2,756 Cr
P/E (TTM)10.16x
Price to book1.65x
Price to sales0.92x
EV / EBITDA6.51x
EV / EBIT7.96x
EV / sales1.05x
Price to cash flow25.88x
Earnings yield9.84%
Dividend yield3.01%
P/E, 3-year average11.48x
P/B, 3-year average1.81x
P/E, 5-year average10.26x
P/B, 5-year average1.85x
Profitability
Operating margin (excl. other income)12.94%
Operating margin (incl. other income)16.18%
EBITDA margin16.10%
Pre-tax margin11.84%
Net profit margin9.03%
Net margin, latest quarter2.47%
ROE16.83%
ROCE20.10%
ROA11.32%
ROE, 3-year average16.46%
ROCE, 3-year average20.32%
ROA, 3-year average11.34%
ROE, 5-year average19.81%
ROCE, 5-year average23.88%
ROA, 5-year average13.17%
ROIC (approx.)14.62%
Tax rate23.84%
Other income / net worth5.71%
Growth
Sales growth (latest year)15.79%
Profit growth (latest year)17.14%
Sales CAGR, 3 years4.84%
Sales CAGR, 5 years18.75%
Profit CAGR, 3 years-2.74%
Profit CAGR, 5 years130.10%
Sales growth QoQ-47.77%
Profit growth QoQ-88.74%
Sales growth YoY (latest quarter)14.42%
Profit growth YoY (latest quarter)137.28%
Per share
EPS (TTM)Rs 52.29
EPS (latest year)Rs 50.89
EPS (latest quarter)Rs 2.43
EPS, 3-year averageRs 45.02
EPS, 5-year averageRs 46.95
Book value per shareRs 321.82
Sales per shareRs 579.38
Cash flow per shareRs 20.54
Free cash flow per shareRs 7.49
Dividend per share (latest year)Rs 15.99
Dividend per share, 3-year averageRs 12.99
Dividend per share, 5-year averageRs 11.83
Dividends
Dividend payout31.42%
Dividend payout, 3-year average28.68%
Dividend payout, 5-year average25.30%
Efficiency
Asset turnover1.17x
Fixed asset turnover4.34x
Inventory turnover3.24x
Inventory days113 days
Debtor days92 days
Debtors turnover3.98x
Creditor days68 days
Cash conversion cycle184 days
Working capital days93 days
Leverage
Total debtRs 352 Cr
Cash and bankRs 8 Cr
Net debtRs 344 Cr
Debt to equity0.24x
Net debt / EBITDA0.81x
Interest coverage9.87x
Current ratio (filing 2026-03-31)2.42x
Quick ratio (filing 2026-03-31)1.55x
Trade payables (filing 2026-03-31)Rs 227 Cr
Owners' fund to total sources66.63%
Debt to assets16.08%
Cash flow
Cash from Operating Activity (latest year)Rs 93 Cr
Cash from Investing Activity (latest year)Rs -69 Cr
Cash from Financing Activity (latest year)Rs -23 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs 34 Cr
FCFE (approx.: FCF + change in debt)Rs 124 Cr
Cash from ops / profit, 5 years0.70x
Sales to cash flow27.61x
Statement figures
Net sales (TTM)Rs 2,629 Cr
Net sales (latest year)Rs 2,572 Cr
Sales (latest quarter)Rs 446 Cr
Operating profit excl. other income (latest year)Rs 333 Cr
Operating profit (latest quarter)Rs 18 Cr
Other income (TTM)Rs 93 Cr
EBITDA (TTM)Rs 423 Cr
PBDT (TTM)Rs 388 Cr
Profit before tax (TTM)Rs 311 Cr
Tax (latest year)Rs 72 Cr
Net profit (TTM)Rs 237 Cr
Net profit (latest year)Rs 231 Cr
Net profit (latest quarter)Rs 11 Cr
Depreciation (TTM)Rs 77 Cr
Depreciation (latest quarter)Rs 18 Cr
Interest (TTM)Rs 35 Cr
Cost of goods sold (latest year)Rs 1,731 Cr
Total expenditure (latest year)Rs 2,240 Cr
Total income (latest year)Rs 2,656 Cr
Share capitalRs 9 Cr
ReservesRs 1,451 Cr
Shareholders' fundsRs 1,460 Cr
Total assetsRs 2,192 Cr
Net blockRs 593 Cr
Capital work in progressRs 14 Cr
InvestmentsRs 273 Cr
ReceivablesRs 647 Cr
InventoryRs 534 Cr
Other liabilitiesRs 379 Cr
Shares outstanding (crore)4.54
Ownership
Promoter holding67.45% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 10.2 is at the 23th percentile of its own 9.2-year range (median 12.6, low 4.9, high 388.4).
P/B 1.65 is at the 20th percentile (median 2.24).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodSIYSILNifty 50Difference
1 week-1.5%-2.8% +1.3 pts
1 month-4.1%-6.8% +2.7 pts
3 months-16.8%-7.6% -9.2 pts
6 months+22.0%+0.4% +21.6 pts
1 year-20.8%-9.9% -10.8 pts
2 years+9.4%-13.6% +22.9 pts
3 years-6.8%+14.2% -20.9 pts
5 years+42.0%+27.9% +14.1 pts
2 mutual fund schemes hold about ₹1 Cr. Over three months 1 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Parag Parikh ELSS Tax Saver Fund0.02%1 +8%
Motilal Oswal BSE 1000 Index Fund0.00%0

Red flags

F-score 5 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹446 Cr +14.7% vs Jun 2025. Net profit ₹11 Cr +120.0%.
Against our estimate for Jun 2026: sales +1.8%, profit -72.4% big miss. Our estimate for Sep 2026: sales Rs 814 Cr, profit Rs 74 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-21Scheme Of Arrangement - Bonus Ncrps 4:1
2026-08-21Scheme Of Arrangement - Bonus Ncrps 3:1
2026-07-24Dividend - Rs 5 Per Share
2026-05-25Special Dividend - Rs 4 Per Share
2026-02-02Interim Dividend - Rs 3 Per Share
2025-11-11Interim Dividend - Rs 4 Per Share
2025-07-22Dividend - Rs 5 Per Share
2025-02-03Interim Dividend - Rs 3 Per Share
2024-11-06Interim Dividend - Rs 4 Per Share
2024-07-15Annual General Meeting/Dividend - Rs Per Sh/
2024-02-16Interim Dividend - Rs 3 Per Share
2023-11-07Interim Dividend - Rs 4 Per Share
2023-09-18Buy Back
2023-07-24Annual General Meeting/Dividend - Rs 4 Per Share
2023-02-06Interim Dividend - Rs 3 Per Share
2022-11-11Interim Dividend - Rs 4 Per Share
2022-07-01Annual General Meeting/Dividend - Rs 3.20 Per Share
2022-02-04Interim Dividend - Rs 3 Per Share
2021-11-02 Interim Dividend - Rs 3 Per Share
2021-07-19 Annual General Meeting/Dividend - Rs 4.60 Per Share
2020-08-24 Annual General Meeting
2020-03-16 Interim Dividend - Rs 2.40 Per Share
2019-10-29 Interim Dividend - Rs 2.20 Per Sh And Special Dividend - Rs 4 Per Sh
2019-07-05 Annual General Meeting/Dividend - Rs 2.20 Per Share
2018-11-20 Interim Dividend - Rs 2.20 Per Sh
2018-07-27 Annual General Meeting/Dividend- Rs 2 Per Share
2017-12-04 Interim Dividend - Rs 2.20/- Per Share (Purpose Revised)
2017-10-25 Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share0.2000
2017-08-18 Dividend - Rs 15/- Per Share
2016-09-02 Annual General Meeting
2016-03-16 Interim Dividend - Rs 11/- Per Share (Purpose Revised)
2015-06-26Annual General Meeting / Dividend - Rs 10/- Per Share
2014-09-08Annual General Meeting / Dividend - Rs 8/- Per Share
2013-07-26Annual General Meeting / Dividend - Rs 7.50/- Per Share
2012-08-10Annual General Meeting/ Dividend Rs 7.50 Per Share
2011-07-25Dividend-Rs.7/- Per Share
2010-08-16Annual General Meeting
2010-04-22Int Div-Rs.6/- Per Share Purpose Revised
2009-09-04Dividend-Rs.5/- Per Share
2008-08-14Agm/Dividend - 50%
2007-07-31Agm/Dividend-50%
DateTypeWhat it says
2026-08-27Concall / analyst meetSchedule of meet to be held on 03rd September, 2026
2026-08-25AllotmentAllotment of 181480352 Series I Preference Shares and 136110264 Series II Preference Shares as Bonus pursuant to Scheme of Arrangement/Amalgamation at...
2026-08-24Credit RatingCredit Rating
2026-08-24Credit Rating- NewCredit Rating of 9% Cumulative Non-Convertible Redeemable Preference Shares of the Company obtained from CRISIL Rating Limited
2026-08-19Disclosure under SEBI TakeovPawankumar D Poddar has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition ...
2026-08-18Disclosure under SEBI TakeovRameshkumar D Poddar has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition...
2026-08-10Registrar & Share Transfer ARegistrar & Share Transfer Agent Update
2026-08-07Disclosure under SEBI TakeovRameshkumar D Poddar has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substan...
2026-08-07Disclosure under SEBI TakeovPawankumar D Poddar has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substant...
2026-08-07Concall / analyst meetSchedule of meet
2026-08-06General UpdatesGeneral Updates
2026-08-05Concall / analyst meetTranscript
2026-08-01Record DateRecord date for the purpose of Allotment of Bonus Preference Shares is 22-Aug-2026.
2026-08-01Shareholder meetingProceedings of Annual General Meeting held on August 01, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report along with...
2026-07-31Concall / analyst meetLink of Recording
2026-07-30Amendment to AOA/MOAThe Amendment to AOA/MOA of the company.
2026-07-30Investor PresentationInvestor Presentation
2026-07-30Press ReleaseA press release dated July 30, 2026, titled "Siyaram Silk Mills Limited has informed the Exchange regarding a press release dated July 30, 2026, title...
2026-07-30Board meeting outcomeOutcome of Board Meeting held on July 30, 2026.
2026-07-30Board meeting outcomeSiyaram Silk Mills Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-29Scheme of ArrangementDisclosure under Regulations 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in relation to approval of the Scheme of A...
2026-07-27Concall / analyst meetSchedule of meet
2026-07-22Scheme of ArrangementApproval of Scheme of Arrangement between Siyaram Silk Mills Limited and its shareholders, by NCLT Mumbai, in relation to issue of Preference Shares b...
2026-07-09UpdatesThat, pursuant to Regulation 36(1)(b) of the SEBI (LODR)Regulations, 2015, the Company has sent a letter to Members providing a web link including the...
2026-07-08General UpdatesBusiness Responsibility and Sustainability Report for FY 2025-26
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Siyaram Silk Mills Ltd?

Siyaram Silk Mills Ltd (SIYSIL) has a market capitalisation of Rs 2,460 Cr. at the 2026-10-01 close.

What is the P/E ratio of Siyaram Silk Mills Ltd?

Siyaram Silk Mills Ltd trades at a P/E of 10.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were Siyaram Silk Mills Ltd's latest quarterly results?

In the Jun 2026 quarter, Siyaram Silk Mills Ltd sales was Rs 446 Cr (+14.7% vs Jun 2025) and net profit was Rs 11 Cr.

What is the 52-week high and low of Siyaram Silk Mills Ltd?

The 52-week high is Rs 848.80 and the 52-week low is Rs 433.35.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03