Siyaram Silk Mills Releases Comprehensive Business Responsibility Report Highlighting Sustainability Goals

Siyaram Silk Mills Releases Comprehensive Business Responsibility Report Highlighting Sustainability Goals​

Siyaram Silk Mills Limited has released its Business Responsibility and Sustainability Report for the Financial Year 2025-26 (FY26), detailing operational performance alongside a deep commitment to environmental stewardship and social responsibility. The report provides extensive insight into the company's manufacturing processes, stakeholder engagement, and strategic investments toward sustainable growth within the textile industry.

The company stands as a significant player in the textiles sector, with its core business defined by the manufacturing and marketing of Fabric, Readymade Garments, and Indigo Yarn. As reported, Siyaram Silk Mills serves 36 states across India and has established an international presence, exporting to key markets including the United Kingdom, the Middle East, and the United States.

Operational Scope and Workforce Details​

The company maintains a broad operational footprint, with 11 plants and two offices located nationally, in addition to one international office. The entity’s financial stability is supported by a paid-up capital of ` 90740176.

Siyaram Silk Mills reported strong workforce figures for FY25-26. Total employees reached 1847 and total workers numbered 3214, demonstrating the company's commitment to its human capital. The report highlighted diversity efforts, noting that one member of the Board of Directors is a woman, representing 10% of the total board members.

Environmental Stewardship and Resource Management​

A major focus of the FY26 reporting cycle has been on environmental management and risk mitigation. Siyaram Silk Mills identified multiple areas as material ESG issues, dedicating significant resources to addressing them proactively.

Key Environmental Commitments:

• Water Management: The company maintains a comprehensive water framework, utilizing advanced technologies such as Reverse Osmosis (RO) and Multiple Effect Evaporation (MEE) systems for water treatment and reuse.
• Energy Efficiency: Siyaram is actively enhancing its operations through energy management initiatives. Significant investments have been made in solar rooftop installations; the company's total installed solar capacity across all plants stands at 6,792 kWp. This focus on efficiency helped reduce the energy intensity per rupee of turnover to 349.66 GJ/ Lakhs for FY25-26 from 488.72 GJ/ Lakhs in FY24-25.
• Product and Sourcing: The company recognized the opportunity in Product Stewardship, aiming for a circular economy model to minimize ecological impact. Furthermore, sustainable sourcing is a priority, with the firm achieving 51.56% of inputs sourced sustainably during the year.

Risk Management and Social Impact​

The report details various social and environmental risks, including climate change, sustainable sourcing volatility, and water resource scarcity. To mitigate these risks, Siyaram has implemented targeted strategies:

• Sustainable Sourcing: The company is mitigating dependency on climate-sensitive raw materials by adopting Polyviscose, a cost-effective cotton alternative.
• Water Discharge: For FY25-26, the company discharged 4,93,165 kilolitres of water to a third party after secondary treatment.
• Workplace Safety: Siyaram maintains robust Occupational Health and Safety (OHS) protocols, ensuring that all operations are covered by the OHS system. The safety record is exemplary, with zero Lost Time Injury Frequency Rate (LTIFR) for both employees and workers in FY25-26.
• Employment Equity: Key data reveals that 100% of inputs were sourced from domestic suppliers, while 27.22% of input materials came from MSMEs.

Siyaram Silk Mills continues to reinforce its commitment to transparency, aiming for long-term sustainability by setting ambitious goals including becoming carbon neutral and water positive.

SIYSIL Stock Price Movement​

Shares of Siyaram Silk Mills Limited today shed 3.01% to settle at ₹611.55 after closing the post-market trading session. The stock, which saw a volume of 44,349 shares traded, navigated a volatile day, finding its range between a low of ₹605 and a high of ₹634.95.