SIYSILNSESiyaram Silk Mills Limited· Textiles - SyntheticHighNeutral
Announced Thu, 21 May · 10:55 IST

Siyaram Silk Mills Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

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SIYSIL · price

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+3.6%1-day move
₹574.45
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₹584.40
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AI summary

Siyaram Silk Mills reported strong full-year results with standalone revenue from operations growing 15.7% to Rs. 2,56,928.49 lakhs and PAT rising 14.8% to Rs. 22,808.22 lakhs compared to FY25. Consolidated PAT grew 17.1% to Rs. 23,089.99 lakhs. The Board declared a special interim dividend of Rs. 4 per share (200%) and recommended a final dividend of Rs. 5 per share (250%). Key exceptional items include net surplus of Rs. 2,122.52 lakhs from sale of industrial land and building, and an impairment loss of Rs. 337.29 lakhs on investment in subsidiary Cadini SRL. The company also approved a new residential project at Dombivali with built-up area of 77,400 sq ft at an estimated cost of Rs. 45 crores. Statutory auditors issued unmodified (clean) opinions on both standalone and consolidated results.

Likely market impact

The stock should see positive reaction given robust revenue and profit growth, combined with generous total dividend of Rs. 9 per share. The exceptional item from property sale boosted bottom line, while the new housing project signals diversification into real estate.