Outcome of Board Meeting Dated 19/05/2026
SIYSIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 7.2 pts less than Nifty Microcap 250 and 6.3 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Siyaram Silk Mills reported strong FY26 results with standalone revenue from operations of Rs. 2,56,928.49 lakhs, up 15.7% from Rs. 2,22,031.86 lakhs in FY25. Profit after tax grew 14.8% to Rs. 22,808.22 lakhs from Rs. 19,873.33 lakhs. The board declared a special interim dividend of Rs. 4 per share (200%) on the centenary birth anniversary of founder Late Shri Dharaprasad Poddar, plus recommended a final dividend of Rs. 5 per share (250%), subject to shareholder approval. Auditors issued unmodified opinions on both standalone and consolidated results. The board also approved development of a residential project at Dombivali, Thane with 68 units (2 BHK) across ~77,400 sq. ft. built-up area at an estimated cost of Rs. 45 crores.
The 15.7% revenue growth and 14.8% PAT growth indicate solid operational performance. Shareholders will receive total dividends of Rs. 9 per share (400% on Rs. 2 face value), which is positive. The new residential project signals diversification into real estate, which could provide additional revenue streams going forward.