Siyaram Silk Mills (SIYSIL) had a P/E of 10.1× on 6 Nov 2026, below the industry P/E of 17.0×, and the shares are 40% below their 52-week high. Sales grew 4.9% a year over 3 years while net profit fell 2.7%; its ROCE of 21% is the highest among the 7 largest Textile Manufacturing peers. Debt is 0.61× equity, and its dividend yield is 3.2%. It is a small-cap company with a market cap of ₹2,265 Cr, ranked 18th of 246 Textile Manufacturing companies by market cap; the shares fell 38% over the past year.
- ₹509.85
- ₹509.85
- ₹491.00
- ₹512.00
- 36.6K
Health check
- ReturnsBehind
−38.0% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 10.1 vs industry 17.0.
- GrowthSteady
Sales +4.9%, profit −2.7% a year over 3 years.
- ProfitabilityStrong
ROCE 21.4% vs peer median 10.7%.
- Balance sheetFair
Debt 0.61× equity, interest covered 9.9×, Piotroski 6 of 9.
- Red flags2 to check
Quarterly profit down 14.1% on a year ago.
Small cap
Defensive
Key metrics
- Market cap
- ₹2,265 Cr
- Small cap
- P/E
- 10.1
- Industry 17.0
- Price to book
- 1.91
- Peers 3.81
- Dividend yield
- 3.20%
- ROE
- 17.8%
- Peers 10.1%
- ROCE
- 21.4%
- Peers 10.7%
- Debt to equity
- 0.61
- Debt ₹719 Cr
- EPS (TTM)
- ₹49.61
- Face value ₹2
- OPM (TTM)
- 12.4%
- Net margin 8.2%
- Sales growth
- +15.3%
- Latest quarter vs a year ago
- Profit growth
- −14.1%
- Latest quarter vs a year ago
- Price to sales
- 0.83
- EV/EBITDA 8.2
Strengths and risks
Strengths
- Return on capital employed of 21.4%.
- Dividend yield of 3.20%.
- Quarterly sales up 15.3% on a year ago.
- P/E of 10.1 against an industry P/E of 17.0.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Quarterly profit down 14.1% on a year ago.
- 40% below its 52-week high.
About Siyaram Silk Mills
Siyaram Silk Mills Limited manufactures, brands, and markets fabrics, readymade garments, and indigo dyed yarn in India and internationally. The company offers fabrics, including polyester viscose, polyester viscose blend, polyester viscose lycra, polyester cotton, polyester wool lycra, wool linen, cotton, cotton linen, polyester viscose linen, polyester rayon, polyester wool, wool lycra, wool, linen, and CVC and PC yarn-dyed shirting, as well as poly…
- Headquarters
- Mumbai
- Employees
- 2,467
- Sector
- Consumer Cyclical
- ISIN
- INE076B01028
- Website
- siyaram.com
Price range
- Avg volume (3M)
- 45.3K
- 1-year return
- minus 38.0%
- From 52-week high
- minus 40.3%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| SIYSILSiyaram Silk Mills | 499.30 | minus 2.48% | 2,265 | 10.1 | 1.91 | 21.4% | 17.8% | 11.8% | 4.9% | −2.7% | 3.20% | minus 38.0% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 706 | 624 | 853 | 446 | 814 | |
| 598 | 555 | 716 | 428 | 697 | |
| 107 | 68.8 | 137 | 18.1 | 116 | |
| 15.2% | 11.0% | 16.0% | 4.1% | 14.3% | |
| 37.2 | 15.4 | 17.9 | 21.7 | 14.6 | |
| 8.9 | 9.8 | 9.1 | 7.3 | 12 | |
| 20.6 | 19.8 | 18.5 | 18 | 20 | |
| 115 | 54.5 | 127 | 14.4 | 98.7 | |
| 24.6% | 23.4% | 23.2% | 23.5% | 24.5% | |
| 86.7 | 41.8 | 97.8 | 11 | 74.5 | |
| 19.11 | 9.21 | 21.55 | 2.43 | 16.42 |
Profit & loss
- Sales CAGR 3Y
- +4.9%
- Profit CAGR 3Y
- −2.7%
- EPS CAGR 3Y
- −1.7%
- ROE
- 17.8%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,228 | 2,089 | 2,218 | 2,569 | |
| – | minus 6.2% | +6.2% | +15.8% | |
| 1,857 | 1,799 | 1,912 | 2,225 | |
| 371 | 290 | 306 | 344 | |
| 16.7% | 13.9% | 13.8% | 13.4% | |
| 28.3 | 26.8 | 33.5 | 37.9 | |
| 19.4 | 20.1 | 23.5 | 33.9 | |
| 58.2 | 55.4 | 60.2 | 78.8 | |
| 8.6 | 6.3 | 11.9 | 34.4 | |
| 331 | 247 | 267 | 303 | |
| 24.1% | 25.2% | 26.3% | 23.8% | |
| 251 | 185 | 197 | 231 | |
| – | minus 26.4% | +6.7% | +17.1% | |
| 53.55 | 39.99 | 43.45 | 50.89 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 9.4 | 9.1 | 9.1 | 9.1 | |
| 1,128 | 1,128 | 1,274 | 1,451 | |
| 163 | 175 | 262 | 352 | |
| 337 | 290 | 343 | 379 | |
| 1,637 | 1,602 | 1,888 | 2,191 | |
| 485 | 481 | 583 | 594 | |
| 22.2 | 20 | 5.7 | 17 | |
| 18 | 18.1 | 5.3 | 65.7 | |
| 111 | 19.4 | 206 | 214 | |
| 1,000 | 1,063 | 1,088 | 1,301 | |
| 1,637 | 1,602 | 1,888 | 2,191 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 235 | 129 | 255 | 93.2 | |
| −113 | 68.2 | −248 | −69 | |
| −123 | −194 | −9.9 | −22.7 | |
| −0.2 | 2.8 | −2.6 | 1.6 | |
| −57.6 | −58.9 | −143 | −75.2 | |
| 178 | 69.7 | 112 | 18 | |
| −47.6 | −50.5 | −49.7 | −54.3 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 2.5% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.