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Saraswati Saree Depot Limited (IN:SSDL)
:SSDL
India Market
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Saraswati Saree Depot Limited (SSDL) AI Stock Analysis

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IN:SSDL

Saraswati Saree Depot Limited

(SSDL)

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Neutral 57 (OpenAI - 5.2)
Rating:57Neutral
Price Target:
₹64.00
▼(-18.68% Downside)
Action:Reiterated
Date:04/02/26
The score is held back primarily by weak technicals (price below all major moving averages with negative MACD), despite decent underlying financial performance (growth and improved leverage) and supportive income valuation from the high dividend yield. Cash flow quality (negative free cash flow and low cash conversion) is a key fundamental risk.
Positive Factors
Revenue Growth
Sustained top-line growth demonstrates ongoing demand for the company's saree products and supports scale benefits across sourcing and distribution. Over a 2–6 month horizon, consistent revenue expansion underpins working-capital planning, supplier negotiation leverage, and the ability to fund incremental marketing or retail expansion without relying solely on one-off actions.
Negative Factors
Negative Free Cash Flow
Persistently negative free cash flow constrains the firm's ability to self-fund capex, inventory build or sustain distributions. Over a 2–6 month horizon this necessitates external financing or tighter working-capital management, increasing liquidity risk and potentially hampering growth initiatives or dividend sustainability if cash conversion doesn't normalize.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained top-line growth demonstrates ongoing demand for the company's saree products and supports scale benefits across sourcing and distribution. Over a 2–6 month horizon, consistent revenue expansion underpins working-capital planning, supplier negotiation leverage, and the ability to fund incremental marketing or retail expansion without relying solely on one-off actions.
Read all positive factors

Saraswati Saree Depot Limited (SSDL) vs. iShares MSCI India ETF (INDA)

Saraswati Saree Depot Limited Business Overview & Revenue Model

Company Description
Saraswati Saree Depot Limited engages in the wholesale distribution of women's traditional and ethnic wear garments in India. The company offers sarees, kurtis, dress materials, blouse pieces, lehengas, bottoms, chunaris, pant and shirt pieces, an...
How the Company Makes Money
SSDL primarily makes money by selling sarees and related textile products, generating revenue from the trading/distribution of these goods to customers (typically through wholesale and/or retail channels, depending on its operating structure). Its...

Saraswati Saree Depot Limited Financial Statement Overview

Summary
Solid revenue growth and stable net margins support fundamentals, and leverage metrics have improved. However, weaker operating efficiency (lower EBIT/EBITDA margins) and negative free cash flow/low cash conversion materially reduce the score.
Income Statement
75
Positive
Balance Sheet
68
Positive
Cash Flow
55
Neutral
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue6.72B6.04B6.02B5.92B5.43B0.00
Gross Profit704.43M607.53M674.28M614.16M457.38M0.00
EBITDA492.14M457.13M428.57M357.18M215.98M0.00
Net Income317.69M305.76M295.28M229.74M123.08M-3.00K
Balance Sheet
Total Assets3.79B2.90B2.06B1.89B1.70B1.02M
Cash, Cash Equivalents and Short-Term Investments381.44M465.16M98.68M190.48M172.32M1.00M
Total Debt65.38M153.29M434.89M414.29M666.18M0.00
Total Liabilities1.91B1.12B1.41B1.53B1.58B20.00K
Stockholders Equity1.89B1.78B649.09M353.82M124.08M1.00M
Cash Flow
Free Cash Flow-27.73M-36.77M-94.91M343.20M-449.98M0.00
Operating Cash Flow1.89M14.10M-85.40M351.92M-412.13M0.00
Investing Cash Flow-16.89M-80.78M-2.34M-43.72M-37.85M0.00
Financing Cash Flow-137.00M433.17M-4.07M-290.03M621.29M1.00M

Saraswati Saree Depot Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price78.70
Price Trends
50DMA
59.87
Positive
100DMA
65.58
Negative
200DMA
76.18
Negative
Market Momentum
MACD
-0.04
Positive
RSI
52.41
Neutral
STOCH
39.85
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SSDL, the sentiment is Positive. The current price of 78.7 is above the 20-day moving average (MA) of 62.19, above the 50-day MA of 59.87, and above the 200-day MA of 76.18, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 52.41 is Neutral, neither overbought nor oversold. The STOCH value of 39.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SSDL.

Saraswati Saree Depot Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
₹100.88B22.701.37%3.53%-3.31%
68
Neutral
₹15.73B9.441.31%13.11%65.11%
67
Neutral
₹19.83B17.320.28%13.15%6.13%
65
Neutral
₹18.41B19.300.39%18.23%27.96%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
57
Neutral
₹2.47B23.684.77%
53
Neutral
₹44.34B103.5411.52%20.75%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:SSDL
Saraswati Saree Depot Limited
60.41
-34.30
-36.22%
IN:CANTABIL
Cantabil Retail India Limited
216.25
-13.78
-5.99%
IN:KALAMANDIR
Sai Silks (Kalamandir) Ltd.
103.45
-13.07
-11.22%
IN:MANYAVAR
Vedant Fashions Limited
421.75
-308.11
-42.21%
IN:RAYMONDLSL
Raymond Lifestyle Limited
726.30
-356.30
-32.91%
IN:SPAL
S.P. Apparels Ltd.
757.95
-100.70
-11.73%
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: Apr 02, 2026