Siyaram Silk FY26 Net Profit Rises 15% to ₹228 Cr
Siyaram Silk Mills reported a 15% increase in FY26 net profit to ₹228 crore, with total income growing 16% to ₹2,653 crore and EBITDA rising 17% to ₹413 crore. Q4 standalone net profit reached ₹95 crore. The Board declared a Special Interim Dividend of ₹4 per share and a Final Dividend of ₹5 per share, subject to approval. Additionally, the company approved a ₹45 crore residential project in Dombivali, Maharashtra.

*this image is generated using AI for illustrative purposes only.
Siyaram Silk Mills has reported its audited financial results for the fiscal year ended March 31, 2026, recording a Profit After Tax (PAT) of ₹228 crore, a 15% increase from ₹199 crore in the previous year. Total income for FY26 stood at ₹2,653 crore, reflecting a 16% year-on-year growth, while EBITDA rose 17% to ₹413 crore. The company's investor presentation highlighted that consumer demand improved gradually during the quarter, supported by wedding and festive seasons alongside a strong brand portfolio.
The Board of Directors, at its meeting held on May 19, 2026, declared a Special Interim Dividend of ₹4 per equity share (200%) on the face value of ₹2 each. The record date for determining shareholder eligibility is fixed for Monday, May 25, 2026. The dividend will be credited or dispatched on or after June 2, 2026. Additionally, the Board recommended a Final Dividend of ₹5 per equity share (250%) for the year ended March 31, 2026, subject to shareholder approval at the ensuing Annual General Meeting.
Financial Performance for Q4 and FY26
In the fourth quarter of FY26, the standalone net profit reached ₹95 crore, compared to ₹72 crore in the corresponding quarter of the previous year. Total income for Q4 increased to ₹871 crore from ₹750 crore in Q4 FY25. EBITDA for the quarter stood at ₹152 crore, with an EBITDA margin of 17.4%.
The following table summarizes the standalone financial results for the period:
| In ₹ Cr | Q4 FY26 | Q4 FY25 | Y-o-Y change | FY26 | FY25 | Y-o-Y change |
|---|---|---|---|---|---|---|
| Total Income* | 871 | 750 | 16.1% | 2,653 | 2,296 | 15.5% |
| EBITDA | 152 | 125 | 21.0% | 413 | 353 | 17.1% |
| EBITDA Margin | 17.4% | 16.7% | 15.6% | 15.4% | ||
| PAT | 95 | 72 | 30.6% | 228 | 199 | 14.8% |
| PAT Margin | 10.9% | 9.7% | 8.6% | 8.7% |
*Includes Other Income
Operational Highlights
The revenue composition for Q4 FY26 was led by Fabric at 80%, followed by Garments contributing 15%, and Yarn & Others accounting for the remaining 5%. The company's retail network expanded during the quarter, reaching a total of 27 ZECODE outlets and 17 DEVO stores. Management attributed the performance to improved consumer demand supported by wedding and festive seasons, alongside a strong brand portfolio and disciplined operations.
New Project Approval
The Board has approved the development of a one-off residential project at MIDC leasehold land in Dombivali, Thane, Maharashtra. The project involves the construction of a residential building with a basement plus 18 floors, aggregating approximately 77,400 sq. ft. of built-up area. It will consist of 68 units of 2 BHK flats and other amenities. The estimated cost of the project is ₹45 crore, excluding land cost.
Historical Stock Returns for Siyaram Silk Mills
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.46% | +8.21% | +3.15% | -22.11% | -22.23% | +147.12% |
How might Siyaram Silk Mills plan to scale its ZECODE and DEVO retail network over the next 2-3 years, and what revenue contribution is expected from the garments segment as these outlets expand?
Could the Board's approval of a residential real estate project in Dombivali signal a broader strategic diversification beyond textiles, and how might this impact future capital allocation decisions?
With consumer demand currently driven by wedding and festive seasons, how resilient is Siyaram's revenue model to potential slowdowns in discretionary spending amid macroeconomic headwinds?


































