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Silgo Retail Ltd (IN:SILGO)
:SILGO
India Market
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Silgo Retail Ltd (SILGO) AI Stock Analysis

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IN:SILGO

Silgo Retail Ltd

(SILGO)

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Neutral 60 (OpenAI - 5.2)
Rating:60Neutral
Price Target:
Action:N/ADate:01/04/26
The score is driven primarily by solid operating performance and a significantly strengthened balance sheet (debt reduced to zero), tempered by a major cash-flow concern in 2025 (negative operating/free cash flow) and lower gross margin. Technical and valuation inputs were not provided, limiting conviction beyond the financial statement signals.

Silgo Retail Ltd (SILGO) vs. iShares MSCI India ETF (INDA)

Silgo Retail Ltd Business Overview & Revenue Model

Company Description
Silgo Retail Limited engages in the design, manufacture, retail, and wholesale of silver jewelry in India and internationally. Its product portfolio includes rings, earrings, pendants, necklaces, bracelets, and bangles. The company was incorporate...
How the Company Makes Money
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Silgo Retail Ltd Financial Statement Overview

Summary
Profitability and growth are solid (2025 revenue up ~16.9% YoY; EBIT margin ~14.1%, net margin ~10.1%) and the balance sheet is de-risked with zero debt. The main offset is weak cash conversion in 2025 (negative operating and free cash flow) and a step-down in gross margin, which materially increases near-term execution risk.
Income Statement
74
Positive
Balance Sheet
84
Very Positive
Cash Flow
38
Negative
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue492.97M443.75M350.34M340.71M348.20M317.64M
Gross Profit85.75M64.81M64.58M56.07M57.25M57.92M
EBITDA74.77M62.74M55.23M51.70M45.27M38.96M
Net Income52.67M44.78M31.52M23.52M23.06M21.98M
Balance Sheet
Total Assets1.18B644.59M633.36M521.13M511.87M451.60M
Cash, Cash Equivalents and Short-Term Investments18.88M8.48M86.21M160.00K439.62K1.01M
Total Debt0.000.0067.89M187.18M191.91M173.37M
Total Liabilities45.13M60.14M92.53M213.75M227.91M191.05M
Stockholders Equity1.13B584.45M540.84M307.38M283.96M260.55M
Cash Flow
Free Cash Flow-515.73M-8.06M15.58M23.68M-7.99M-147.87M
Operating Cash Flow-515.73M-8.06M15.58M23.78M-7.89M-147.87M
Investing Cash Flow-2.23M0.0018.00K-97.00K135.49K-139.26K
Financing Cash Flow520.15M-69.66M70.45M-23.97M7.19M146.41M

Silgo Retail Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
₹668.90M9.7949.44%19.15%
60
Neutral
49.9532.14%25.46%
57
Neutral
$3.13B9.23-34.32%3.14%-25.56%-353.61%
43
Neutral
₹20.22M-25.4214.81%
* Consumer Goods Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:SILGO
Silgo Retail Ltd
IN:ABHISHEK
Mahaalaxmi Texpro Limited
IN:GANGOTRI
Gangotri Textiles Limited
0.62
-0.29
-31.87%
IN:KHAITANLTD
Khaitan India Ltd.
140.82
51.84
58.26%
IN:MORARJEE
Morarjee Textiles Limited
9.01
3.25
56.42%
IN:RAJVIR
Rajvir Industries Limited
8.74
-4.22
-32.56%

Silgo Retail Ltd Corporate Events

Silgo Retail Completes EGM Notice Dispatch and Publishes Regulatory Ads
Mar 1, 2026
Silgo Retail Ltd has announced that it has completed dispatch of the notice convening its fourth Extraordinary General Meeting to shareholders. The company has also published the required advertisements in the English-language Financial Express an...
Silgo Retail Extends Rights Issue Closing Date to February 12, 2026
Jan 27, 2026
Silgo Retail Limited’s board has approved a further extension of the closing date for its ongoing rights issue, which opened on January 14, 2026 and was originally set to close on February 4, 2026, to now close on February 12, 2026. The exte...
Silgo Retail Files SEBI-Regulation 74(5) Demat Compliance Certificate for Q3 FY2025-26
Jan 20, 2026
Silgo Retail Limited has notified the National Stock Exchange that, in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, it has obtained and submitted a quarterly certificate from its registrar and sha...
Silgo Retail Calls EGM to Seek Shareholder Nod for Rs 500-Crore Secured Borrowing Limit
Jan 19, 2026
Silgo Retail Ltd has called its third Extraordinary General Meeting for the 2025-26 financial year on 11 February 2026, to be held via video conferencing and other audio-visual means, with the company’s Jaipur registered office deemed as the...
Silgo Retail Concludes Second Extraordinary General Meeting for FY 2025-26 via Video Conferencing
Jan 3, 2026
Silgo Retail Limited held its second Extraordinary General Meeting for the 2025-26 financial year on 3 January 2026 via video conferencing, in line with provisions of the Companies Act and regulatory circulars. The meeting, chaired by Managing Dir...
Silgo Retail to Raise up to ₹44.3 Crore via Rights Issue of Partly Paid Shares
Jan 2, 2026
Silgo Retail Limited has announced a proposed rights issue of up to 73,81,359 partly paid-up equity shares with a face value of ₹10 each at an issue price of ₹60 per share, including a ₹50 premium, to raise up to ₹4,428.82 ...
Silgo Retail Reschedules Board Meeting on ₹4,500 Lakh Rights Issue
Dec 29, 2025
Silgo Retail Limited has postponed and rescheduled its Board of Directors meeting, originally set for December 29, 2025, to December 30, 2025, while all previously communicated agenda items remain unchanged. The meeting is intended to decide key t...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jan 04, 2026