Siyaram Silk Mills Posts Revenue Growth, Expands Retail Network and Declares Interim Dividend

An announcement from Siyaram Silk Mills Limited ( (IN:SIYSIL) ) is now available.

Siyaram Silk Mills Limited reported steady revenue growth for the quarter and nine months ended 31 December 2025, with Q3 FY26 total income rising 8.9% year-on-year to ₹639 crore and nine‑month income up 15.3% to ₹1,782 crore. Profitability remained resilient but moderated at the quarterly level, as Q3 EBITDA edged up to ₹84 crore while the margin slipped to 13.2%, and PAT declined 8.7% to ₹42 crore with a lower 6.6% margin; for the nine months, EBITDA rose to ₹262 crore and PAT to ₹134 crore, reflecting mid‑single‑digit profit growth. The company continued to execute its retail expansion strategy by adding two ZECODE and five DEVO stores during the quarter, taking the network to 25 ZECODE and 17 DEVO outlets, and reaffirmed that its plan to open about 35 stores across both brands in FY26 is on track. In a signal of confidence in its cash generation and balance sheet strength, the board declared a second interim dividend of ₹3 per equity share for FY 2025‑26, offering tangible returns to shareholders even as the company invests in broadening its branded retail presence in a competitive textile market.

More about Siyaram Silk Mills Limited

Siyaram Silk Mills Limited is one of India’s largest producers of blended high-fashion suitings, shirtings and apparel, catering to the domestic textile and apparel market through both wholesale and branded retail formats. The company operates multiple retail concepts, including its ZECODE and DEVO store chains, as it expands its footprint in value-driven, fashion-oriented menswear and fabrics across key urban and semi-urban markets.

Average Trading Volume: 5,808

Technical Sentiment Signal: Hold

Current Market Cap: 25.48B INR

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