SSDL Q3 FY26: Revenue down 21%, margins under pressure
SSDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.6 pts less than its Garments & Apparels peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Q3 FY26 revenue fell 20.7% YoY to Rs.144.47 cr against a high festive base. EBITDA dropped 63% to Rs.4.75 cr with margin compressing 375 bps to 3.29%, hit by input cost pressures and operating deleverage. PAT declined 59% to Rs.3.21 cr. For 9M FY26, revenue grew 4.3% YoY to Rs.497.63 cr but EBITDA fell 15.8% to Rs.27.79 cr. Management cited softer wholesale demand, flagged retail initiative contributing about 1% of sales, and expects Q4 wedding season to support volume recovery.
Weak Q3 results with sharp margin compression; near-term outlook cautious though management expects Q4 seasonal recovery.