BSECompany Update2d ago · 27 Oct 2026, 08:41 pm
We enclose herewith Press Release dated 27th October 2026
Siyaram Silk Mills Ltd-$ · 503811
✦ AI Summary▲ PositiveResults
Siyaram Silk Mills Ltd reported Q2 FY27 results with revenue up 15.1% y-o-y to ₹827 crores, EBITDA of ₹131 crores, and PAT of ₹75 crores. The company declared a first interim dividend of ₹4 per equity share.
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Siyaram Silk Mills Ltd-$ - 503811 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Date: 27th October, 2026
BSE Limited, National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th Floor,
Dalal Street, Plot No. C/1, G Block,
Mumbai Bandra Kurla Complex,
Bandra (East), Mumbai – 400 051
Scrip Code: 503811 Company Symbol: SIYSIL
Dear Sir/ Madam,
Sub: Press Release under Regulation 30 of SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 enclosed herewith is a copy of the Press
Release on the Unaudited Financial Results for the quarter and half year
ended 30th September, 2026, to be distributed to the media, contents of
which are self-explanatory.
This intimation is also being uploaded on the Company’s website at
www.siyaram.com
You are requested to take the same on record and oblige.
Thanking you,
Yours faithfully,
For SIYARAM SILK MILLS LIMITED
Mahipal Thakur
Company Secretary
Encl: a/a.
Corporate office: B - 5, Trade World, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai – 400013 (India)
Phone: 022-3040 0500/6833 0500 Email: sharedept@siyaram.com
Internet: www.siyaram.com CIN: L17116MH1978PLC020451
Registered Office: H – 3/2, MIDC, A – Road, Tarapur, Boisar, Palghar – 401 506 (Mah.)
SIYARAM SILK MILLS LIMITED
Q2 & H1 FY27 RESULTS: REVENUE UP 15.1% IN Q2 FY27
October 27th, 2026, Mumbai: Siyaram Silk Mills Ltd. (BSE: 503811, NSE: SIYSIL), one of the largest producers of
blended high fashion suitings, shirtings and apparels has reported its Unaudited Financial Results for the quarter
and half year ending September 30, 2026.
STANDALONE H1FY27 FINANCIAL HIGHLIGHTS
Total Income EBITDA PAT
₹ 827 C rores ₹ 131 Crores ₹ 75 Crores
Y-o-Y Y-o-Y
In ₹ Cr Q2 FY27 Q2 FY26 H1FY27 H1FY26
change change
Total Income* 827 719 15.1% 1,293 1,118 15.6%
EBITDA 131 121 8.0% 170 153 11.3%
EBITDA Margin 15.8% 16.8% 13.1% 13.6%
PAT 75 87 -13.8% 86 92 -5.9%
PAT Margin 9.0% 12.1% 6.7% 8.2%
EPS 16.5 19.2 19.0 20.2
* Total Income excludes other income - Non-recurring
Key highlights:
✓ Total Income grew by 15.1% y-o-y to ₹827 crores in Q2 FY27, up from ₹719 crores in Q2
FY26
✓ The Company recorded EBITDA of ₹131 crores during Q2 FY27, compared with ₹121
crores in Q2 FY26, while EBITDA margin stood at 15.8%
✓ PAT stood at ₹75 crores during Q2 FY27, compared to ₹87 crores in the corresponding
quarter last year, with PAT margin at 9.0%
✓ Retail expansion remained on track during the quarter, with the store network growing to
61 outlets as on date, comprising 38 ZECODE and 23 DEVO stores. The Company remains
confident of achieving its FY27 target of 70 stores across both formats
✓ The Company declared a first interim dividend of ₹4 per equity share, each having a face
value of ₹2 per share, for the financial year 2026-27
Commenting on the results Mr. Gaurav Poddar, Executive Director, Siyaram Silk Mills Limited
said: “During Q2 FY27, demand across the textile and apparel sector remained broadly stable
despite uneven monsoon conditions and inflationary pressures in key raw materials. Seasonal
consumption during Raksha Bandhan and Onam supported retail activity, while our strong brand
portfolio, diversified product offerings and extensive distribution network helped us maintain
steady progress across our businesses.
We reported total income of ₹827 crores in Q2 FY27, compared to ₹719 crores in the
corresponding quarter last year. Fabric remained the largest contributor to revenue at 77%,
followed by Garments at 16%, while Yarn & Others contributed the remaining 7%. EBITDA stood
at ₹131 crores, while Profit After Tax was ₹75 crores during the quarter. For H1 FY27, total
income increased to ₹1,293 crores from ₹1,118 crores in the corresponding period last year.
We continued to strengthen our retail network, with the total store count reaching 61 stores as
on date, comprising 38 ZECODE and 23 DEVO outlets. The Company remains on track to achieve
its target of 70 stores across both formats by FY27, reflecting the steady execution of its retail
expansion strategy.
With a larger part of the festive season falling in the second half of the year, the outlook for the
coming quarters remains encouraging. We remain optimistic about demand trends and confident
of sustaining growth momentum in the periods ahead.”
About Siyaram Silk Mills Limited
Siyaram Silk Mills Limited was incorporated in 1978 and is headquartered in Mumbai, India. The
Company benefits from having resilient serving portfolios of brands within India. Siyaram Silk Mills
Limited is amongst India’s most renowned brands and marketers of fabrics, readymade garments, and
other textiles products. The Company is famous for its high-quality fabrics and apparel using various
blends made from poly viscose, cotton, wool, linen, bamboo and stretch. In addition, the Company
operates and franchises a chain of retail stores, which offer menswear fashion fabrics, apparel, and
accessories. The Company sells its products under multiple brands that enjoy high recall value with
consumers. They include brand names such as Siyaram, J. Hampstead, Oxemberg, and Cadini. The
Company has an extensive distribution network that permeates India, giving an aspiring yet
underserved vast population ready access to high-quality fabrics and apparel at attractive price points.
This makes Siyaram’s brands the preferred choice in India’s fast-growing yet untapped market. It is
backed by highly integrated and state-of-the-art manufacturing and retailing capabilities. Today when
we say, “Come home to….”, the world says … Siyaram’s.
Safe Harbour
Certain statements in this “Release” may not be based on historical information or facts and may be
“forward looking statements” within the meaning of applicable securities laws and regulations,
including, but not limited to, those relating to general business plans & strategy of the Company, its
future outlook & growth prospects, future developments in its businesses, its competitive &
regulatory environment and management's current views & assumptions which may not remain
constant due to risks and uncertainties. Actual results could differ materially from those expressed or
implied. The Company assumes no responsibility to publicly amend, modify or revise any statement,
based on any subsequent development, information, or events, or otherwise. This “Release” does not
constitute a prospectus, offering circular or offering memorandum or an offer to acquire any shares
and should not be considered as a recommendation that any investor should subscribe for or purchase
any of the Company’s shares. The financial figures in this “Release” have been rounded off to the
nearest whole number. The financial results are standalone financials unless otherwise specified.
For further information, please connect with us:
Company: Siyaram Silk Mills Ltd. Investor Relations: MUFG Intime India Private Limited
(A part of MUFG Corporate Markets, a division of MUFG Pension & Market Services)
Mr. Surendra Shetty Ms. Ayushi Gupta/ Ms. Devanshi Dadhich
Chief Financial Officer Email: ayushi.gupta@in.mpms.mufg.com
Email: Surendra.shetty@siyaram.com / devanshi.dadhich@in.mpms.mufg.com