Sai Silks (Kalamandir) Limited convened a Board of Directors meeting on May 16, 2025, during which key financial decisions were taken, including the approval of audited results for the fourth quarter and the full financial year ended March 31, 2025. The meeting commenced at 12.30 P.M. and concluded at 4.20 P.M.

Board Approves FY2024-25 Audited Financial Results

The Board of Directors approved the audited financial results for the fourth quarter and the financial year ended March 31, 2025, along with the audited financial statements for FY2024-25. The approval was made in compliance with Regulation 33 of the applicable listing regulations, fulfilling the company's statutory disclosure obligations to the stock exchanges.

Final Dividend Recommended for FY2024-25

In addition to the financial results, the board recommended a final dividend for the financial year 2024-25. The key details of the dividend recommendation are outlined below:

The recommended final dividend of Rs. 1.00 per equity share represents 50% of the nominal face value of Rs. 2.00 per equity share. The dividend recommendation is subject to shareholder approval as per applicable regulatory requirements.

Key Outcomes of the Board Meeting

The following matters were decided at the board meeting held on May 16, 2025:

• Approval of audited financial results for Q4 and the financial year ended March 31, 2025
• Approval of audited financial statements for FY2024-25
• Recommendation of a final dividend of Rs. 1.00 per equity share (50% of face value of Rs. 2.00) for FY2024-25

The disclosures were communicated to BSE Limited and the National Stock Exchange of India Limited in accordance with listing obligations. The intimation was signed by M.K. Bhaskara Teja, Company Secretary & Compliance Officer of Sai Silks (Kalamandir) Limited.

Sai Silks (Kalamandir) held a Board of Directors meeting on May 12, 2026, approving the audited standalone financial results for the fourth quarter and full financial year ended March 31, 2026. The statutory auditors, M/s Sagar & Associates, issued an unmodified audit opinion on the results. The meeting commenced at 03.00 P.M. and concluded at 6.10 P.M.

Financial Performance

Sai Silks (Kalamandir) delivered a strong financial performance for FY26, with revenue from operations rising to ₹1,653.67 crores from ₹1,462.01 crores in the previous year. Net profit for FY26 stood at ₹140.92 crores, a significant improvement over ₹85.39 crores in FY25. For Q4FY26, the company reported revenue of ₹419.06 crores compared to ₹399 crores in Q4 of the previous year, while net profit rose to ₹32.65 crores from ₹13.52 crores on a year-on-year basis. Q4FY26 EBITDA stood at 611M rupees versus 584.4M rupees in the same period last year, with EBITDA margin at 14.59% compared to 14.65% previously. The following table summarises the key financial metrics:

Q4 YoY Highlights

The table below captures the key Q4 year-on-year performance indicators:

Balance Sheet Highlights

As at March 31, 2026, total assets stood at ₹1,848.90 crores compared to ₹1,640.65 crores as at March 31, 2025. Total equity increased to ₹1,260.47 crores from ₹1,131.77 crores. Inventories were at ₹815.93 crores, while cash and cash equivalents stood at ₹19.38 crores. Current borrowings declined sharply to ₹7.26 crores from ₹148.90 crores in the prior year, reflecting significant deleveraging.

Cash Flow Summary

For FY26, net cash generated from operating activities was ₹322.53 crores, compared to ₹106.78 crores in FY25. Net cash used in investing activities was ₹152.54 crores, while net cash used in financing activities was ₹235.91 crores. Cash and cash equivalents at the end of the year stood at ₹19.38 crores, compared to ₹85.30 crores at the beginning of the year.

Dividend Recommendation

The Board of Directors recommended a final dividend of Rs. 1.50 per equity share (75% of face value of Rs. 2.00 each) for FY26, subject to the approval of shareholders at the Annual General Meeting.

Key Management Changes

The Board approved several significant management and governance changes effective May 12, 2026. Mr. Bharadwaj Rachamadugu was appointed as Chief Executive Officer (CEO) and Key Managerial Personnel at a monthly remuneration of Rs. 5,00,000. He brings over 11 years of experience across retail, finance, and textile sectors, and was previously serving as Senior Vice President of the Company. He is related to Mr. Nagakanaka Durga Prasad Chalavadi, Managing Director and Promoter of the Company, being his son-in-law. Additionally, Ms. Sridevi Dasari (DIN: 07512095) was appointed as Additional Director under the category of Non-Executive Independent Woman Director, for a term of five consecutive years from May 12, 2026 to May 11, 2031, subject to shareholder approval. She is a member of the Institute of Company Secretaries of India (ICSI) with over 15 years of experience in corporate secretarial and regulatory compliances. The Board also noted the resignation of Ms. Sirisha Chintapalli (DIN: 08407008) from the office of Independent Director effective May 06, 2026.

Board Committee Reconstitution

Following the above changes, the Board reconstituted its committees with effect from May 12, 2026. The updated composition is as follows:

Audit Committee

Nomination and Remuneration Committee

Stakeholder Relationship Committee

IPO Proceeds Utilisation

The company also disclosed the utilisation of IPO proceeds as at March 31, 2026. Out of the total planned utilisation of ₹566.24 crores, ₹526.85 crores had been utilised, leaving a balance of ₹39.38 crores.

Investor Conference Call

Sai Silks (Kalamandir) has also scheduled a post-results investor and analyst conference call for Wednesday, May 13, 2026, at 11.30 A.M. IST to discuss the Q4FY26 and FY26 financial performance. The call will be represented by Mr. K.V.L.N Sarma, Chief Financial Officer, and Mr. Bharadwaj B. R, Senior Vice President. Participants may access the call via universal dial-in numbers +91 22 6280 1432 and +91 22 7115 8819. For enquiries, participants may contact M.K. Bhaskara Teja, Company Secretary and Compliance Officer, at +040 29333666 or via email at secretarial@sskl.co.in .