Siyaram Silk Mills Limited (SIYSIL) AI Stock Analysis

• Market Cap: ₹26.51B
• Dividend Yield: 1.89%
• Average Volume (3M): 5.48K
• Price to Earnings (P/E): 12.7
• Beta (1Y): 0.95
• Revenue Growth: 16.27%
• EPS Growth: 8.54%
• Country: IN
• Employees: 2,750
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): 19.11
• Shares Outstanding: 45,370,087
• 10 Day Avg. Volume: 6,899
• 30 Day Avg. Volume: 5,478
• PEG Ratio: 1.79
• Price to Book (P/B): 2.38
• Price to Sales (P/S): 1.37
• P/FCF Ratio: 27.13
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: ₹805.00 ▲(28.94% Upside)

Siyaram Silk Mills Limited demonstrates strong financial performance with effective cash management, which is the most significant factor in its score. Technical indicators suggest potential short-term weakness, but the stock may be oversold, presenting a buying opportunity. Valuation is fair, supporting a stable investment outlook.

Positive Factors

Revenue Growth

Consistent revenue growth indicates robust demand for products and effective market penetration, supporting long-term business expansion.

Cash Generation

Strong free cash flow generation enhances liquidity and provides flexibility for reinvestment and debt management, underpinning financial stability.

Market Position

A broad customer base and international reach strengthen market position, reducing reliance on any single market and enhancing growth prospects.

Negative Factors

Rising Debt Levels

Rising debt levels can strain financial resources and limit strategic flexibility, potentially impacting long-term financial health.

Margin Pressures

Declining margins suggest cost management challenges, which could affect profitability and competitive positioning if not addressed.

Operational Efficiency

Reduced operational efficiency can hinder profitability and growth, necessitating strategic adjustments to maintain competitive advantage.

Siyaram Silk Mills Limited Business Overview & Revenue Model

Company Description

Siyaram Silk Mills Limited manufactures and sells fabrics, readymade garments, yarn, and other textiles products in India. The company offers fabrics, including polyester viscose, polyester viscose blend, polyester viscose lycra, polyester cotton, polyester wool lycra, wool linen, cotton, cotton linen, polyester viscose linen, polyester rayon, polyester wool, wool lycra, wool, linen, and CVC and PC yarn-dyed shirting. It also provides ready-made formal and casual wear; garments, including formal wear, casual attire, corporate uniforms, and home furnishing fabrics; and poly/viscose fiber dyed, poly/viscose/spandex dyed, fiber dyedpoly/viscose, poly/viscose/cotton, poly/viscose/linen, poly/wool and poly/viscose/wool, jacquard, and poly/viscose fabrics, as well as fabrics in various blends. In addition, the company operates and franchises a chain of retail stores, which offer menswear fashion fabrics and apparels, and accessories under the Siyaram's Shop name. It also exports its products to the United Kingdom, Europe, North America, Latin America, Gulf countries, and South-East Asia. The company sells its products under the Siyaram's Suitings and Shirtings, Mistair, Royale Linen, Moretti, Miniature, Unicode, J. Hampstead, Oxemberg, Mozzo, Cadini, and Casa Moda brand names. Siyaram Silk Mills Limited was incorporated in 1978 and is based in Mumbai, India.

How the Company Makes Money

Siyaram Silk Mills generates revenue through several key streams, primarily from the sale of textiles and garments. The company produces a wide range of products, including men's and women's suiting and shirting fabrics, which are distributed through a robust network of retailers and distributors across India and in international markets. Additionally, SIYSIL has formed strategic partnerships with various fashion brands and retail chains, enhancing its market reach and brand visibility. The company also benefits from economies of scale in production and a focus on value-added products, which contribute to higher margins. Seasonal demand for fashion apparel and the growing trend of sustainable textiles further bolster its revenue potential.

Siyaram Silk Mills Limited Financial Statement Overview

Summary

Siyaram Silk Mills Limited exhibits strong financial health with consistent revenue growth and effective cash management. The balance sheet shows stability, but rising debt levels and recent margin pressures could be areas to monitor.

Income Statement

Siyaram Silk Mills Limited shows strong revenue growth with a consistent increase from 2021 to 2025. The gross profit margin is healthy, indicating efficient cost management. However, there is a noticeable decline in gross profit from 2024 to 2025, which might signal cost pressures. The net profit margin remains stable, but the dip in EBIT and EBITDA margins in 2025 suggests challenges in operational efficiency.

Balance Sheet

The company maintains a strong equity position, with a favorable equity ratio indicating financial stability. The debt-to-equity ratio is moderate, reflecting a balanced approach to leverage. However, the increase in total debt from previous years could pose a potential risk if not managed carefully.

Cash Flow

The cash flow statements show robust free cash flow generation, with a significant improvement in free cash flow growth from 2022 onwards. Operating cash flow is strong relative to net income, highlighting effective cash management. The company has demonstrated an ability to convert income into cash efficiently, which is a positive indicator for liquidity.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	23.04B	22.22B	20.92B	22.33B	19.02B	10.87B
Gross Profit	8.79B	9.19B	10.64B	5.04B	9.18B	4.06B
EBITDA	3.34B	2.76B	3.22B	4.09B	3.68B	939.94M
Net Income	1.90B	1.97B	1.85B	2.51B	2.16B	35.80M
Balance Sheet
Total Assets	0.00	18.88B	16.02B	16.40B	15.13B	12.10B
Cash, Cash Equivalents and Short-Term Investments	2.06B	2.08B	193.55M	1.11B	311.69M	331.81M
Total Debt	0.00	2.62B	1.75B	1.63B	2.23B	1.39B
Total Liabilities	-12.83B	6.05B	4.65B	4.99B	5.79B	4.44B
Stockholders Equity	12.83B	12.83B	11.37B	11.41B	9.34B	7.67B
Cash Flow
Free Cash Flow	0.00	1.12B	696.73M	1.78B	-294.72M	3.09B
Operating Cash Flow	0.00	2.55B	1.29B	2.35B	448.02M	3.30B
Investing Cash Flow	0.00	-2.48B	681.56M	-1.13B	-532.47M	-223.47M
Financing Cash Flow	0.00	-98.52M	-1.94B	-1.23B	81.49M	-3.07B

Siyaram Silk Mills Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 624.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SIYSIL, the sentiment is Negative. The current price of 624.3 is below the 20-day moving average (MA) of 628.47, below the 50-day MA of 694.83, and below the 200-day MA of 686.31, indicating a bearish trend. The MACD of -23.56 indicates Positive momentum. The RSI at 26.93 is Positive, neither overbought nor oversold. The STOCH value of 7.54 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SIYSIL.

Siyaram Silk Mills Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CANTABIL	70 Outperform	₹23.95B	30.57	―	0.39%	19.90%	27.94%
SIYSIL	68 Neutral	₹26.51B	12.69	―	1.89%	16.27%	8.54%
SPAL	67 Neutral	₹17.10B	15.47	―	0.28%	34.25%	28.44%
KALAMANDIR	66 Neutral	₹18.91B	14.01	―	1.31%	23.15%	47.46%
KKCL	66 Neutral	₹28.01B	21.57	―	0.41%	28.67%	-20.77%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
RAYMOND	58 Neutral	₹27.13B	0.49	―	2.31%	-63.26%	-29.33%

Siyaram Silk Mills Limited Corporate Events

Siyaram Silk Mills Ensures Regulatory Compliance with Shareholder and Creditor Meetings

Siyaram Silk Mills Limited announced the publication of a newspaper advertisement regarding meetings for its equity shareholders and unsecured creditors. This move is part of the company’s compliance with SEBI regulations concerning listing obligations and disclosure requirements. The advertisement was published in both English and Marathi newspapers, reflecting the company’s commitment to transparent communication with its stakeholders. This announcement may impact the company’s operations by ensuring regulatory compliance and maintaining trust with its shareholders and creditors.

Siyaram Silk Mills Reports Robust Q2 & H1FY26 Financial Results

Siyaram Silk Mills Limited reported a strong financial performance for the second quarter and half-year ending September 30, 2025, with a total income of ₹743 crores for Q2 FY26, marking an 18.1% year-on-year growth. The company also achieved an EBITDA of ₹145 crores, reflecting a 31.1% increase from the previous year, and a PAT of ₹87 crores, up by 27.2%. The expansion of their retail presence continues with the opening of 7 ZECODE and 2 DEVO stores, contributing to a total of 35 targeted store openings for FY26.