Siyaram Silk Mills Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2026, recommended Final Dividend of Rs. 5 per equity share.
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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.
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Siyaram Silk Mills reported strong FY26 results with standalone revenue of Rs. 2,569 crore, up 15.7% YoY. Net profit grew 14.8% to Rs. 228 crore, with EPS at Rs. 50.27. The Board declared a special interim dividend of Rs. 4 per share (200%) on face value Rs. 2, to be paid on or after June 2, 2026 (record date May 25, 2026). Additionally, a final dividend of Rs. 5 per share (250%) has been recommended, subject to shareholder approval at the AGM. Combined dividend of Rs. 9 per share represents an attractive payout. The company also approved a residential housing project at Dombivali with an estimated cost of Rs. 45 crore (68 units, ~77,400 sq ft).
Strong financial performance with robust profit growth and generous dividend payout signals company health. Total dividend of Rs. 9 per share on Rs. 2 face value is significantly higher than typical corporate payouts, indicating confidence in cash generation.