
Siyaram Silk Mills Posts Strong Q1 FY27 Results: Total Income Jumps 16.4%, PAT Rises Significantly
Siyaram Silk Mills Ltd., a major producer of blended high fashion suitings, shirtings, and apparel, reported its Unaudited Financial Results for the quarter ending June 30, 2026. The results showcased substantial growth across key financial metrics, with Total Income rising by 16.4% year-on-year.The company demonstrated robust performance in Q1 FY27. Total Income stood at ₹ 466 crores, up from ₹ 400 crores in the corresponding period of Q1 FY26. EBITDA reached ₹ 40 crores, marking a 22.3% increase compared to ₹ 33 crores in the previous fiscal year. Profit After Tax (PAT) amounted to ₹ 11 crores, reflecting a significant rise of 144.4% from ₹ 5 crores reported in Q1 FY26.
The standalone financial highlights for Siyaram Silk Mills Ltd. across different periods are presented below:
| Metric | Q1 FY27 (₹ Cr) | Q1 FY26 (₹ Cr) | Y-o-Y Change (%) | FY26 (₹ Cr) | FY25 (₹ Cr) |
|---|---|---|---|---|---|
| Total Income | 466 | 400 | 16.4% | 2,653 | 2,296 |
| EBITDA | 40 | 33 | 22.3% | 413 | 353 |
| EBITDA Margin | 8.6% | 8.2% | 15.6% | 15.4% | |
| PAT | 11 | 5 | 144.4% | 228 | 199 |
| PAT Margin | 2.4% | 1.1% | 8.6% | 8.7% | |
| EPS | 2.5 | 1.0 | 50.3 | 43.8 |
Operational Progress and Business Mix
The company continued to strengthen its retail presence during Q1 FY27, adding 3 ZECODE and 2 DEVO stores. This expansion brings the total store count for ZECODE and DEVO to 30 and 19, respectively. Management confirmed that the goal of reaching approximately 70 total stores across both brands in FY27 is progressing as scheduled.
Gaurav Poddar, Executive Director at Siyaram Silk Mills Limited, commented on the results, noting that demand remained stable during Q1 FY27 despite some moderation observed in wedding and occasion-led consumption attributed to the Adhik Maas period. He stated that despite persistent inflationary pressures on input costs and consumers adopting a value conscious approach, the strong brand portfolio and diversified product offerings helped maintain steady progress across businesses.
Poddar further highlighted that the business revenue mix for the quarter was led by Fabric at 71%, followed by Garments at 19% and Yarn & Others at 10%. He expressed confidence in future growth, anticipating an improvement in consumer demand as the company moves into the festive season.
Company Overview
Siyaram Silk Mills Limited, incorporated in 1978 and headquartered in Mumbai, is recognized among India's foremost marketers of fabrics, readymade garments, and other textiles products. The Company utilizes various blends including poly viscose, cotton, wool, linen, bamboo, and stretch to create high-quality fabrics and apparel.
Siyaram Silk Mills operates through a chain of retail stores offering menswear fashion fabrics, apparel, and accessories under multiple brands. These brand names include Siyaram, J. Hampstead, Oxemberg, and Cadini. The company maintains an extensive distribution network across India, providing access to high-quality textiles in the rapidly growing market.
SIYSIL Stock Price Movement
On Thursday, Siyaram Silk Mills Limited shares slipped by 2.73%, finishing the session at ₹602.30. The stock saw a trading volume of 56,545 shares as it traded down from its previous close.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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