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Siyaram Silk Mills Ltd

SIYSIL

Siyaram Silk Mills Ltd

SIYSIL
Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹3,973 cr, stock is ranked 887
Moderate RiskStock is 2.69x as volatile as Nifty
969.0515.65% (+131.10)
969.0515.65% (+131.10)

Price Chart

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1W
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1D
1W
1M
1Y
5Y
Max
SIP
Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹3,973 cr, stock is ranked 887
Moderate RiskStock is 2.69x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

High

Strong financials and growth story over the years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹3,973 cr, stock is ranked 887
Moderate RiskStock is 2.69x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
20.573.491.26%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
39.706.900.71%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Siyaram Silk Mills Limited is engaged in textile business whose products include fabrics, yarns, home furnishing products and readymade garments.

Investor Presentation

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Oct 28, 2024

PDF
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of -2.92%, vs industry avg of 2.96%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 1.73% to 1.24%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 13.27%, vs industry avg of -9.62%

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Financial YearFY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue2,449.272,470.342,397.301,130.091,939.412,272.772,129.652,128.85
Raw Materialssubtract861.67803.62850.82459.601,005.181,119.221,019.441,792.57
Power & Fuel Costsubtract56.0663.1358.4944.4674.7584.6670.88
Employee Costsubtract189.79198.21195.53123.53160.26179.82172.90
Selling & Administrative Expensessubtract850.97824.85848.1571.01118.60152.48198.31
Operating & Other expensessubtract225.52317.47243.10336.89213.09327.90345.27
Depreciation/Amortizationsubtract60.6462.2673.0461.1758.9258.1955.4055.99
Interest & Other Itemssubtract34.2248.3743.0229.9618.0719.7420.2920.94
Taxes & Other Itemssubtract59.5953.3215.91-0.1274.3179.7762.4066.20
EPS23.6421.1514.770.7746.1353.5540.0642.57
DPS4.204.408.604.609.2011.0011.0011.00
Payout ratio0.180.210.586.010.200.210.270.26

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2016

Annual report

PDF

Investor Presentation

May 27PDF
FY 2017

Annual report

PDF

Investor Presentation

Jun 2PDF
FY 2023

Annual report

PDF

Investor Presentation

May 17PDF
Feb 1PDF
Jan 30PDF
+2 more
FY 2024

Annual report

PDF

Investor Presentation

Aug 14PDF
FY 2025

Annual Report Pending

Investor Presentation

Oct 28PDF
 

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryTextiles

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Siyaram Silk Mills Ltd21.513.491.26%
KPR Mill Ltd43.378.020.49%
Vedant Fashions Ltd80.7820.890.62%
Aditya Birla Real Estate Ltd612.827.560.18%

Price Comparison

Compare SIYSIL with any stock or ETF
Compare SIYSIL with any stock or ETF
SIYSIL
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding67.44%0.00%2.52%1.48%28.56%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

SepOctDec '23MarJunSep1.91%1.89%1.75%1.56%1.53%1.48%

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.26%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹12.56 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateNov 6, 2024

Interim 1
Interim 1 | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Nov 6, 2024

Cash Dividend

Ex DateEx DateJul 15, 2024

Final
Final | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Jul 15, 2024

Cash Dividend

Ex DateEx DateFeb 16, 2024

Interim 2
Interim 2 | Div/Share: ₹3.00

Dividend/Share

3.00

Ex DateEx Date

Feb 16, 2024

Cash Dividend

Ex DateEx DateNov 7, 2023

Interim 1
Interim 1 | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Nov 7, 2023

Cash Dividend

Ex DateEx DateJul 24, 2023

Final
Final | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Jul 24, 2023

News & Opinions
Live Market Update
Barometers trade with deep cuts; metal shares lose sheen

The key equity benchmarks continued to extend losses in the morning trade. The Nifty tanked below the 24,300 mark. Metal shares witnessed profit booking after advancing in the past six consecutive trading sessions. At 10:29 IST, the barometer index, the S&P BSE Sensex, declined 956.91 points or 1.18% to 80,333.05. The Nifty 50 index dropped 275.95 points or 1.12% to 24,272.75. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 1.43% and the S&P BSE Small-Cap index tumbled 1.68%. Sellers outnumbered buyers. On the BSE, 949 shares rose and 2,699 shares fell. A total of 154 shares were unchanged. Buzzing Index: The Nifty Metal index slipped 2.20% to 9,298.30. The index gained 2.89% in the past six consecutive trading sessions. Steel Authority of India (down 4.45%), NMDC (down 4.01%), Tata Steel (down 2.73%), Hindustan Copper (down 2.68%), JSW Steel (down 2.49%), Hindalco Industries (down 2.25%), Welspun Corp (down 1.89%), National Aluminium Company (down 1.88%), Vedanta (down 1.62%) and Jindal Steel & Power (down 1.61%) declined. On the other hand, Adani Enterprises (up 0.44%) edged higher. Stocks in Spotlight: Siyaram Silk Mills surged 9.20% after the company announced the launch of Cadini Italy Perfumes in India under the Cadini Italy brand. Ashok Leyland fell 1.02%. The company announced that it has received an order worth Rs 345.58 crore from the Tamil Nadu State Transport Corporation (TNSTC) for the supply of 1,475 BSVI Diesel Fuel Type Passenger Bus Chassis. G R Infraprojects shed 0.49%. The company received a letter of intent for the establishment of a pooling station near Bijapur (Vijayapura) worth Rs 107.7 crore from PFC Consulting under the transmission scheme for the integration of Bijapur REZ in Karnataka.Powered by Capital Market - Live

1 day agoCapital Market - Live
Spotlight
Siyaram Silk Mills spurts on launching Cadini Italy Perfumes in India

The launch event took place at the Taj Mahal Palace, Mumbai, on 12 December 2024. This marks a significant expansion for the brand, bringing its luxury fragrances to the Indian market. The Cadini Italy fragrance collection includes four scents: Leonardo's Secret, Italian Renaissance, Roman Affair, and Sicilian Romance. Each fragrance comes in three sizes: 100ml, 35ml, and 2ml. The perfumes will be available online through Cadini Italy's website and social media channels. Siyaram Silk Mills, a prominent Indian textile company, is renowned for its high-quality fabrics and apparel. The company offers a diverse range of products under popular brands like Siyaram, J. Hampstead, Oxemberg, and Cadini. With a strong distribution network, the company caters to a vast Indian market, providing accessible and stylish products at attractive prices. On a consolidated basis, net profit of Siyaram Silk Mills rose 11.23% to Rs 68.17 crore while net sales rose 3.75% to Rs 607.88 crore in Q2 September 2024 over Q2 September 2023. The Siyaram Silk Mills stock hit a record high of Rs 937.85 today. Powered by Capital Market - Live

1 day agoCapital Market - Live
Earnings
Siyaram Silk Mills consolidated net profit rises 11.23% in the September 2024 quarter

Net profit of Siyaram Silk Mills rose 11.23% to Rs 68.17 crore in the quarter ended September 2024 as against Rs 61.29 crore during the previous quarter ended September 2023. Sales rose 3.75% to Rs 607.88 crore in the quarter ended September 2024 as against Rs 585.91 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales607.88585.91 4 OPM %14.6114.99 - PBDT104.5494.26 11 PBT90.5880.56 12 NP68.1761.29 11 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Board of Siyaram Silk Mills recommends first interim dividend

Siyaram Silk Mills announced that the Board of Directors of the Company at its meeting held on 26 October 2024, inter alia, have recommended the first interim dividend of Rs 4 per equity Share (i.e. 200%) , subject to the approval of the shareholders.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Siyaram Silk Mills earmarks Rs 50 cr for its retail expansion

Siyaram Silk Mills announced the opening of its newest retail outlets in a move to enhance direct customer engagement and provide a seamless shopping experience. These stores will cater specifically to the growing demand for fast fashion and ethnic wear, marking a significant step forward in the company's strategic expansion plans. The new fast fashion outlets will feature the company's latest collections under the brand name, ZECODE, targeting urban shoppers with trendy, affordable apparel, while the ethnic clothing outlets will showcase an extensive range of clothes under the brand name, DEVO, catering to the city's rich cultural heritage and style preferences. These new stores are part of the company's larger strategy to penetrate both Tier I, II, and III cities across India, with a total of 30 new outlets planned by March 2025. This initiative will be backed by an investment of approximately Rs 50 crore, further demonstrating the company's confidence in the growth potential of both the fast fashion and ethnic wear markets.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Siyaram Silk Mills announces board meeting date

Siyaram Silk Mills will hold a meeting of the Board of Directors of the Company on 26 October 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live

Siyaram Silk Mills consolidated net profit rises 15.12% in the June 2024 quarter

4 months agoBusiness Standard
Earnings
Siyaram Silk Mills consolidated net profit rises 15.12% in the June 2024 quarter

Net profit of Siyaram Silk Mills rose 15.12% to Rs 11.50 crore in the quarter ended June 2024 as against Rs 9.99 crore during the previous quarter ended June 2023. Sales declined 13.57% to Rs 306.82 crore in the quarter ended June 2024 as against Rs 355.00 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales306.82355.00 -14 OPM %3.156.37 - PBDT29.2226.72 9 PBT15.3513.17 17 NP11.509.99 15 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Siyaram Silk Mills to announce Quarterly Result

Siyaram Silk Mills will hold a meeting of the Board of Directors of the Company on 3 August 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live

Siyaram Silk Mills announces buyback plan, shares gain 1.2%

1 year agoThe Hindu Businessline