Sai silks (kalamandir) Limited has announced the launch of its 76th store under the Valli Silks format in Nellore, Andhra Pradesh. The store opening took place on December 11, 2025, marking another milestone in the company's retail expansion strategy.

Store Launch Details

The company has informed both BSE and NSE about this significant development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has notified both major stock exchanges where it is listed:

• BSE Limited: Scrip Code 543989
• National Stock Exchange: Symbol KALAMANDIR

Company Information

Sai Silks (Kalamandir) Limited operates from its registered office in Hyderabad, Telangana. The company continues to expand its retail footprint across southern India through its Valli Silks format stores. This latest store opening demonstrates the company's commitment to strengthening its presence in the Andhra Pradesh market.

The regulatory filing was signed by M.K. Bhaskara Teja, Company Secretary and Compliance Officer, ensuring proper disclosure to stakeholders and regulatory authorities.

Sai Silks (Kalamandir) Limited, a prominent player in the ethnic wear market, has reported a robust performance for the second quarter of fiscal year 2025-26, with significant growth in revenue and profitability. The company's strategic expansion and focus on new store formats have contributed to its strong financial results.

Financial Highlights

Q2 FY26 Performance

• Revenue stood at INR 444.00 crores, marking a 28% growth compared to INR 347.00 crores in the same quarter last year.
• EBITDA margin improved to 16.21% from 15.95% in Q2 FY25.
• Profit After Tax (PAT) increased to INR 40.00 crores from INR 23.75 crores in the corresponding quarter.
• Same-store sales growth was robust at 17.5%.

H1 FY26 Performance

• Revenue reached INR 823.00 crores, up 34% from INR 614.00 crores in H1 FY25.
• EBITDA margin expanded significantly to 15.68% from 12.00%.
• PAT grew to INR 70.00 crores from INR 26.00 crores.

Expansion and Store Performance

Sai Silks has been actively expanding its retail presence:

• Added approximately 33,000 square feet of retail space through six new store openings in H1 FY26.
• Converted existing stores to the new Valli format, bringing the total Valli format stores to seven.
• Current retail presence spans 7.5 lakh square feet with 74 stores across 22 cities in four states.

Market Dynamics and Strategy

The company benefited from favorable market conditions:

• Strong wedding dates pipeline in Q2 FY26.
• Early onset of festivities contributing to increased consumer demand.
• Rise in bulk purchases and gifting as major sales drivers.

Sai Silks is adapting to changing consumer preferences:

• Focusing on digital-first approach with the Valli format stores.
• Enhancing digital presence across multiple social platforms for better product discovery and customer engagement.

Management Commentary

R. Bharadwaj, Senior Vice President, commented on the performance: "The ethnic retail market witnessed healthy traction with a strong wedding dates pipeline in Q2 FY26. This quarter benefited from occasion and festive demand, contributing to stronger consumer demand and increased footfall in our stores."

Future Outlook

• Management expects annual growth of 18-20% for FY26.
• Projecting second-half revenue of around INR 925.00 crores.
• Focus on sustainable growth, balancing expansion with profitability.
• Continued emphasis on product innovation and digital integration.

Sai Silks (Kalamandir) Limited's strong performance in Q2 FY26 reflects its ability to capitalize on market opportunities and adapt to evolving consumer preferences. The company's strategic expansion, particularly with the new Valli format, positions it well for continued growth in the ethnic wear market.