Sai Silks (Kalamandir) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 29, 2025
KALAMANDIR · price
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Sai Silks (Kalamandir) Limited has informed the exchanges about its 17th Annual General Meeting scheduled for Friday, August 29, 2025, at 11:00 AM IST, to be held via video conferencing. Along with the AGM notice, the company has submitted its Annual Report for FY 2024-25, as required under SEBI LODR regulations. The annual report highlights FY25 revenue of INR 1,462 Crores (up 6.44% YoY), EBITDA of INR 212 Crores, and profit after tax of INR 85 Crores (down 15.35% YoY). The decline in net profit was primarily due to a one-time income tax provision of INR 21 Crores related to prior years, while underlying operations remained stable. The company ended the year with 68 stores spanning 716,088 sq. ft. across 20 cities and 5 states, and added 18.5 lakh unique customers with a 43% repeat purchase rate.
For shareholders, this is primarily a routine AGM notice and annual report filing. The underlying business shows healthy revenue growth and margin improvement, but bottom-line growth was dented by a one-time tax adjustment. Investors should watch for management commentary on expansion plans, the Varamahalakshmi Silks format's push beyond Tamil Nadu, and outlook for FY26 given the well-spread wedding calendar. No immediate stock-moving action is expected from the notice itself.