Saraswati Saree Depot

Saraswati Saree Depot

86.70
+1.25
(1.46%)
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Key Fundamentals
Add Ratio
Market Cap
343.33 Cr
EPS
8.92
PE Ratio
11.46
Dividend Yield
2.66 %
Industry
Textiles
52 Week High
153.85
52 Week Low
80.10
PB Ratio
2.00
Debt to Equity
0.85
Forecast For
Actual

Company News

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positive
Saraswati Saree Depot Limited reported quarterly results with revenue from operations reaching ₹144.77 crore, marking 11.1% year-on-year growth. EBITDA increased 14.4% to ₹8.98 crore with margins improving to 6.20% from 6.01%. Profit After Tax grew 4.1% to ₹6.35 crore, though PAT margin contracted to 4.39% from 4.68% due to higher depreciation and interest expenses under Ind AS 116 related to operating leases. The company launched its first exclusive retail outlet in Kolhapur, Maharashtra on June 1, 2025, targeting a 20% Return on Capital Employed. Additionally, the company initiated a pilot launch into men's ethnic wear in August and launched a WhatsApp store to enhance customer engagement. The growth was driven by increased volumes and rising wallet share from existing customers in their core B2B wholesale business of traditional women's apparel.
positive
Saraswati Saree Depot Limited reported revenue from operations of Rs. 144.77 crore for Q1 FY26, marking an 11.1% year-over-year increase. EBITDA grew 14.4% to Rs. 8.98 crore with margin expansion to 6.20% from 6.01%. Profit after tax increased 4.1% to Rs. 6.35 crore, though PAT margin decreased to 4.39% from 4.65% due to higher depreciation and interest expenses. The company launched its first exclusive retail outlet in Kolhapur on June 1, 2025, and introduced a WhatsApp store for enhanced customer engagement. Strategic initiatives include a pilot launch of men's ethnic wear in August 2025 and expansion of the product catalog to over 300,000 SKUs. The company served over 13,000 unique customers in fiscal 2024 and sources from more than 9,000 weavers across India. Management emphasized focus on operational efficiency, prudent financial management, and strategic expansion while targeting a 20% return on capital employed for retail initiatives.
positive
Saraswati Saree Depot Limited's Board approved unaudited financial results for the quarter ended June 30, 2025, showing revenue from operations of ₹1,447.71 million compared to ₹1,303.73 million in the same quarter last year. Net profit for the quarter was ₹63.52 million versus ₹61.00 million in the previous year quarter. The Board also approved the annual report for FY 2024-25 and scheduled the 5th Annual General Meeting for September 25, 2025, to be held through video conferencing. Additionally, the Board approved the appointment of Mrs. Pallavi Korgaonkar as an Independent Director for a three-year term starting September 9, 2025, subject to shareholder approval. The company declared an interim dividend of ₹1.515 per equity share of ₹10 each during the quarter. Basic and diluted earnings per share stood at ₹1.61 for the quarter.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
41,635.00
#1 46,439.15
60.94
4,996.50
8.58
#1 729
21.55
38.50
328.15
8,601.29
21.29
#1 8,394.00
7.91
367
25.17
54.33
1,221.40
7,441.21
175.13
6,360.00
-4.93
38
14.66
45.36
1,401.10
6,441.44
25.81
4,539.80
30.89
231
5.98
56.34
849.95
6,224.05
33.86
3,917.20
#1 62.61
159
#1 52.57
58.92
216.58
4,320.77
29.00
1,001.30
58.63
136
-27.72
46.77
1,296.50
3,898.79
25.22
2,612.90
11.41
165
-30.24
41.21
535.10
3,297.56
24.45
1,052.10
17.24
149
-30.13
45.16
251.50
2,103.50
26.42
729.50
17.60
75
28.95
35.93
356.85
2,023.91
#1 20.55
1,715.80
8.82
92
36.25
40.56
Growth Rate
Revenue Growth
1.51 %
Net Income Growth
28.26 %
Cash Flow Change
-124.27 %
ROE
-29.94 %
ROCE
-34.24 %
EBITDA Margin (Avg.)
16.25 %

Yearly Financial Results

Annual Financials
2023
2024
TTM
Revenue
604
613
0
Expenses
568
571
0
EBITDA
36
42
0
Operating Profit %
6 %
7 %
0 %
Depreciation
1
1
0
Interest
4
3
0
Profit Before Tax
31
39
0
Tax
8
10
0
Net Profit
23
30
0
EPS in ₹
6.94
8.92
0.00

Balance Sheet

Balance Sheet
2023
2024
Total Assets
189
206
Fixed Assets
3
3
Current Assets
182
199
Capital Work in Progress
0
0
Investments
4
4
Other Assets
182
199
Total Liabilities
189
206
Current Liabilities
154
141
Non Current Liabilities
0
0
Total Equity
35
65
Reserve & Surplus
35
32
Share Capital
0
33

Cash Flow

Cash Flow
2023
2024
Net Cash Flow
2
-9
Investing Activities
-4
-0
Operating Activities
35
-9
Financing Activities
-29
-0

Share Holding

% Holding
Sept 2023
Aug 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Promoter
100.00 %
74.75 %
74.75 %
74.75 %
74.98 %
74.98 %
FIIs
0.00 %
3.32 %
0.26 %
0.27 %
0.17 %
0.15 %
DIIs
0.00 %
7.43 %
0.02 %
0.00 %
0.00 %
0.00 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
0.00 %
11.87 %
24.19 %
23.19 %
23.14 %
23.11 %
Others
0.00 %
2.64 %
0.77 %
1.79 %
1.71 %
1.77 %
No of Share Holders
15
40,174
55,788
52,012
49,409
48,231

Dividend History

Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.27
Dividend Yield (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.66

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
12 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Nov 2024 129.90 127.15
13 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
13 Feb 2025 115.90 109.80
19 Feb 2025 DIVIDEND Dividend
2.27 /share
18 Feb 2025 109.80 105.65
10 Apr 2025 DIVIDEND Dividend
1.51 /share
09 Apr 2025 88.81 86.74
30 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
30 May 2025 87.62 96.89
14 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
14 Aug 2025 94.46 91.36
25 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
25 Sept 2025 88.61 88.48

Announcements

Intimation Regarding Receipt Of No-Objection For Reclassification Under Regulation 31A Of The SEBI Listing Regulations.5 days ago
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 20187 days ago
Closure of Trading WindowSep 29, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementSep 26, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 26, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMSep 25, 2025
Letters Sent To ShareholdersSep 04, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 02, 2025
Reg. 34 (1) Annual Report.Sep 01, 2025
Annual General Meeting For The Financial Year 2024-25 Scheduled To Be Held On Thursday September 25 2025Sep 01, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationAug 18, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 16, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationAug 16, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 15, 2025
Announcement under Regulation 30 (LODR)-Monitoring Agency ReportAug 14, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateAug 14, 2025
Financial Results Along With Limited Review Report For Quarter Ended June 30 2025.Aug 14, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. Thursday August 14 2025Aug 14, 2025
Board Meeting Intimation for Board Meeting Intimation For Approval Of Unaudited Standalone Financial Statements For The Quarter Ended June 30 2025Jul 29, 2025
Withdrawal Of Application By Three Applicants For ReclassificationJul 25, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 14, 2025
Intimation Under Reg 31A Of SEBI LODR RegulationsJul 10, 2025
Board Meeting Outcome for Approval Of Requests For Reclassification From Promoter Group To Public Under Regulation 31A Of The Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations 2015.Jul 05, 2025
Receipt Of Applications For Reclassification Under Regulation 31A Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 From Promoter Group Categy To Public Category.Jul 04, 2025
Closure of Trading WindowJun 25, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJun 09, 2025
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance OfficerJun 07, 2025
Appointment of Company Secretary and Compliance OfficerJun 07, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementJun 07, 2025
Board Meeting Outcome for Appointment Of Company Secretary And Compliance OfficerJun 07, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 03, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationMay 31, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationMay 30, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 30, 2025
Commencement Of Retail Trading Of Apparels.May 30, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementMay 30, 2025
Financial Results For The Quarter And Year Ended March 31 2025May 30, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E May 30 2025May 30, 2025
Change Of Corporate Identification NumberMay 24, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 24, 2025
Announcement under Regulation 30 (LODR)-Monitoring Agency ReportMay 15, 2025
Board Meeting Intimation for Approval Of Audited Standalone Financials For The Quarter And Year Ended March 31 2025.May 02, 2025
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 26, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 12, 2025
Announcement under Regulation 30 (LODR)-Dividend UpdatesApr 04, 2025
The Record Date For Interim Dividend Declared For Financial Year 2025-26 Is April 10 2025.Apr 04, 2025
Corporate Action-Board approves DividendApr 04, 2025
Board Meeting Outcome for The Company Has Declared And Approved Interim Dividend Of Rs 1.515 (15.15%) Per Equity Share Of Rs 10 Each For Financial Year 2025-26.Apr 04, 2025
Resignation Of Head Investor RelationsApr 01, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementApr 01, 2025

Technical Indicators

RSI(14)
Neutral
36.99
ATR(14)
Less Volatile
2.19
STOCH(9,6)
Oversold
16.60
STOCH RSI(14)
Oversold
12.15
MACD(12,26)
Bearish
-0.06
ADX(14)
Weak Trend
14.12
UO(9)
Bearish
40.32
ROC(12)
Downtrend And Accelerating
-3.67
WillR(14)
Oversold
-90.56