NSE: SIYSIL · BSE: 503811 · ISIN INE076B01028
Siyaram Silk Mills Limited stock analysis
Siyaram Silk Mills Limited ranks #2339 in the TickerSutra evidence-ranked universe with a score of 47/100 and 95% data confidence. The latest captured fundamentals show ROCE of 18.8%, quarterly sales growth of 14.4% and quarterly profit growth of 137.3%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Low debt/equity of 0.24×
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- CFO/EBITDA is below 0.6×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹1,905cr | ₹333cr | ₹216cr | 17.0% |
| 2023 | ₹2,233cr | ₹368cr | ₹251cr | 16.0% |
| 2024 | ₹2,092cr | ₹286cr | ₹185cr | 14.0% |
| 2025 | ₹2,222cr | ₹276cr | ₹197cr | 12.0% |
| 2026 | ₹2,572cr | ₹333cr | ₹231cr | 13.0% |
| TTM | ₹2,629cr | ₹330cr | ₹237cr | 13.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
MANAGEMENT COMMENTARY
Signals from filed documents
Along with the continued expansion of our ZECODE and DEVO network, we are working across the value chain to ensure greater efficiency and scalability. With our expansion plans, we are also intensifying our marketing efforts to strengthen brand visibility and deepening consumer engagement. We began FY27 on a positive note with total income increased to INR466 crores in Q1 FY27 from INR400 crores in the corresponding q
Profit after tax for the Q1 FY27 stood at INR11 crores as against INR5 crores in the quarter 1 of financial year '26 representing a year -on-year growth of 144.4%. The growth is largely due Siyaram Silk Mills Limited July 31, 2026 Page 4 of 12 to operating leverage playing out. PAT margin for the quarter stood at 2.4%.
Ravi Dubey: Congratulations to the management for strong quarter 1 performance. Sir, my question is that our input cost inflation has remained elevated during the quarter. So sir, in that context, how do Siyaram Silk Mills Limited July 31, 2026 Page 9 of 12 you expect our raw material cost to trend through rest of the FY27?
This performance demonstrates the resilience of our business supported by operational discipline, customer -centric initiatives and sustained momentum across our operations. As a significant corporate development during the quarter, the scheme for issuing cumulative nonconvertible redeemable preference shares by way of bonus to the equity shareholders of the company has been approved by the NCLT, Mumbai vide its orde
So it's difficult to map it on that basis on a particular aspect. But we look at it from an overall perspective, and we are confident of achieving the guidance we had indicated. My next question was with regards to ZECODE and DEVO.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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