Siyaram Silk Mills' Q1 FY 2026-27 Quarterly Results

Result Summary

• Siyaram Silk Mills Ltd reported a 46.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 16.4%.
• Its expenses for the quarter were down by 39.1% QoQ and up 14.7% YoY.
• The net profit decreased 88.7% QoQ and increased 137.3% YoY.
• The earnings per share (EPS) of Siyaram Silk Mills Ltd stood at 2.43 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Siyaram Silk Mills Ltd is a prominent entity within the textile industry, primarily known for its high-quality fabrics and ready-to-wear garments. The company specializes in producing and distributing a wide array of textiles including polyester viscose, polyester wool, and 100% cotton fabrics. It caters to both domestic and international markets, offering a diverse range of products that appeal to various segments of consumers. Siyaram's brand portfolio includes popular names such as Siyaram's, J. Hampstead, and Mistair, which are well-regarded for their quality and design. The company continues to maintain a strong presence in the textile sector, although specific recent developments or strategic initiatives were not provided in the available data.

Revenue

During Q1FY27, Siyaram Silk Mills Ltd reported a total income of ₹467.35 crores. This represents a significant decline of 46.4% compared to the previous quarter (Q4FY26), where the total income was ₹871.22 crores. However, when compared to Q1FY26, there is a notable increase of 16.4% from ₹401.44 crores. These figures indicate the volatility in the company's revenue streams within the textile industry, which can be influenced by market demand, seasonal factors, and broader economic conditions. The quarter-over-quarter and year-over-year changes highlight the fluctuations in the company's revenue generation over the specified periods.

Profitability

In Q1FY27, Siyaram Silk Mills Ltd recorded a profit before tax of ₹14.40 crores, a sharp decline of 88.7% from the ₹127.26 crores reported in Q4FY26. Despite this decrease, the profit before tax reflects a remarkable increase of 124.6% compared to the ₹6.41 crores in Q1FY26. The profit after tax for Q1FY27 stood at ₹11.01 crores, down 88.7% from the previous quarter's ₹97.78 crores, yet up 137.3% from ₹4.64 crores a year earlier. The earnings per share (EPS) followed a similar trend, with a reduction to ₹2.43 from ₹21.55 in Q4FY26, but an increase from ₹1.02 in Q1FY26. These metrics illustrate the company's profitability trajectory over the different periods, showcasing both challenges and growth in its financial performance.

Operating Metrics

The total expenses for Siyaram Silk Mills Ltd in Q1FY27 were ₹452.95 crores, which is a 39.1% decrease from Q4FY26's ₹743.96 crores. This reduction in expenses coincides with the decline in total income for the quarter. Year-over-year, total expenses increased by 14.7% from ₹395.02 crores in Q1FY26. The company's tax expenses in Q1FY27 were ₹3.39 crores, showing an 88.5% reduction from the ₹29.47 crores in the previous quarter, while experiencing a 91.5% increase from ₹1.77 crores in the same quarter last year. These operating metrics demonstrate the company's cost management and tax liabilities over the observed periods, providing insights into its financial operations and efficiency.