Saraswati Saree Depot Limited has informed the Exchange regarding a press release dated Jun 09, 2025, titled "Saraswati Saree Depot Limited launches First Exclusive Retail Outlet in Kolhapur".
SSDL · price
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Awaiting price reaction for this filing.
Saraswati Saree Depot Ltd. (SSDL) has opened its first exclusive retail outlet in Kolhapur, Maharashtra, effective June 1, 2025, marking its entry into the B2C retail segment. The 15,000 sq. ft. flagship store is a pilot project, with an initial investment of up to Rs. 2.8 crore and expected first-year revenue of Rs. 5–6 crore. The company is targeting a 20% Return on Capital Employed (RoCE) from this store. This is a forward-integration move for the company, which has historically been a saree wholesaler serving 13,000+ customers with 3 lakh+ SKUs in FY24. Future retail expansion will depend on learnings from this Kolhapur pilot.
This is a small, pilot-scale step that could improve margins by cutting out middlemen, but the Rs. 5–6 crore expected revenue is minor compared to SSDL's overall B2B business. Near-term impact on stock price is likely limited; investors should watch whether the pilot delivers the targeted 20% RoCE before pricing in any expansion upside.