Siyaram Silk Mills Limited has informed the Exchange regarding Board meeting held on November 04, 2025.
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Awaiting price reaction for this filing.
Standalone revenue from operations for Q2 FY26 rose about 16% year-on-year to Rs. 705.55 crore, with net profit jumping roughly 27% to Rs. 86.98 crore (EPS of Rs. 19.17 vs Rs. 15.07). For the half year, revenue grew about 20% to Rs. 1,094.05 crore while net profit rose nearly 14% to Rs. 91.58 crore, though the Q2 profit was boosted by a one-time Rs. 21.22 crore surplus on the sale of industrial land and building. The Board declared a first interim dividend of Rs. 4 per share (200% on the Rs. 2 face value), with a record date of November 11, 2025 and payout from November 19, 2025. Operating cash flow for the half year turned sharply negative at minus Rs. 51.25 crore (vs plus Rs. 103.41 crore a year ago) due to a heavy build-up in inventory and receivables. The Board also approved the retirement of Company Secretary William Fernandes (effective February 13, 2026) and the appointment of Mahipal Thakur as the new Company Secretary from November 15, 2025.
Strong headline Q2 earnings and a generous 200% interim dividend are positives for shareholders, but the swing to negative operating cash flow and the one-time land sale inflating reported profit mean investors should watch underlying business momentum and working capital trends closely.