Siyaram Silk Mills Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2026, declared Special Dividend of Rs. 4 per equity share.
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Siyaram Silk Mills reported strong FY26 results with standalone revenue from operations of Rs. 2,56,928 lakhs, up 15.7% from Rs. 2,22,032 lakhs in FY25. Profit after tax grew 14.8% to Rs. 22,808 lakhs versus Rs. 19,873 lakhs previously. EPS improved to Rs. 50.27 from Rs. 43.80. 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 final dividend of Rs. 5 per share (250%), subject to shareholder approval. The company also approved a one-off residential project at Dombivali with 68 flats (77,400 sq ft) at approx Rs. 45 crore cost. Operating cash flow declined significantly to Rs. 9,332 lakhs from Rs. 25,606 lakhs, mainly due to higher working capital requirements. Statutory auditors issued unmodified opinions on both standalone and consolidated results.
The company showed healthy topline and bottomline growth with strong dividends, which is positive for shareholders. However, the sharp decline in operating cash flow and increase in short-term borrowings by Rs. 9,318 lakhs indicate elevated working capital needs that warrant monitoring. The new real estate venture represents a diversification move.