Siyaram Silk Mills Limited · NSE:SIYSIL
Siyaram Silk Mills — Q2 FY26 Earnings Presentation
41 slides from Siyaram Silk Mills's earnings presentation, Nov 5, 2025
Slide 1: Regulation 30 cover letter to stock exchanges
5th November, 2025 To, BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Listing Department-Corporate Services 1st Floor, P.J. Towers, Dalal Street Exchange Plaza, 5th Floor, Plot No. C/1 Mumbai 400 001. Bandra Kurla Complex Bandra East, Mumbai 400051. Scrip Code
Slide 2: Investor Presentation | Q2FY26
Investor Presentation | Q2FY26
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Siyaram Silk Mills Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any se
Slide 4: Index
Index 01 Q2FY26 Performance 02 Our Organization 03 Legacy Business 04 Historical Financial Performance 05 Rewarding Shareholders 3
Slide 5: Q2FY26 Performance
Q2FY26 Performance
Slide 6: Management Commentary
Management Commentary Mr. Gaurav Poddar, President & Executive Director “In Q2 FY26, we witnessed healthy growth momentum supported by favourable consumer demand and a positive macroeconomic environment. The early onset of the festive season led to improved buying sentiment across key markets, drivi
Slide 7: Quarterly Business Performance
Quarterly Business Performance (₹ in Mn) Total Income EBITDA Net Profit After Tax +18% +31% +27% 7,427 1,447 870 6,290 1,103 684 Q2FY25 Q2FY26 Q2FY25 Q2FY26 Q2FY25 Q2FY26 22,956 3,527 1,987 7,497 1,252 725 5,863 11,432 830 1,773 458 916 7,427 6,290 1,447 1,103 684 870 3,306 4,005 342 326 120 46 FY25
Slide 8: Q2 & H1 FY26 Profit & Loss Statement
Q2 & H1 FY26 Profit & Loss Statement Particulars (₹ in Mn) Q2 FY26 Q2 FY25 Y-o-Y Q1 FY26 Q-o-Q H1FY26 H1FY25 Y-o-Y Revenue from Operations 7,056 6,076 3,885 10,941 9,141 Other Income 371 214 120 491 455 Total Income 7,427 6,290 18.1% 4,005 85.5% 11,432 9,596 19.1% Cost Of Goods Sold 4,137 3,573 2,16
Slide 9: Balance Sheet
Balance Sheet Equity & Liabilities ( ₹ in Mn) Sept-25 Sept-24 Assets ( ₹ in Mn) Sept-25 Sept-24 Non -Current Assets Equity Property, plant and equipment 5,365 4,624 Equity Share Capital 91 91 Capital Work -in –Progress 45 613 Other Equity 13,479 11,941 Other Intangible Assets 4 4 Total Equity 13,570
Slide 10: Cashflow Statement
Cashflow Statement Particulars (₹ in Mn) Sept-25 Sept-24 Cash Flow from Operating Activities Profit before Tax 1,216 1,067 Adjustment for Non-Operating Items 114 -27 Operating Profit before Working Capital Changes 1,330 1,040 Changes in Working Capital -1,455 248 Cash Generated from Operations -125
Slide 11: Our Organization
Our Organization
Slide 12: About Siyaram
About Siyaram… VISION To be the preferred partner to every stakeholder in the textile and fashion industry by delivering high quality fabrics, implementing design-driven innovation, building trust, creating unsurpassed value and delighting customers time and again MISSION To provide quality products
Slide 13: We Improve. Grow. Accelerate
We Improve. Grow. Accelerate Phase 05 Phase 04 Strategic Expansion Phase 03 Innovation & Asset Light Model 2024 onwards Phase 02 • Launched DEVO, ethnic wear Brand Creation 2021 -2024 brand & ZECODE, fast fashion • Launched DEN - KNIT Knitted brand with Company owned Phase 01 Business Expansion 2013
Slide 14: Creating Value Across India's Fashion Ecosystem
Creating Value Across India’s Fashion Ecosystem Fast Fashion Industry Ethnic Wear Industry 84,860 crores 4,24,300 crores 2.4 lakhs crores 3.3 lakh crores India’s Market Expected Market by FY31 India’s Market in FY24 Expected Growth by FY29 This industry is projected to grow at a CAGR of 7% In 2024,
Slide 15: Complimenting decades of legacy with new brands
Complimenting decades of legacy with new brands In Q2FY26 opened 7 new stores. DEVO caters to ethnic wear In Q2FY26 opened 2 new stores. ZECODE, targeting urban shoppers And as of Q2FY26 total store segment that celebrates the And as of Q2FY26 total store count with trendy, affordable apparel count
Slide 16: Fast Fashion - ZECODE
Fast Fashion - ZECODE Store Format Store Size Price Positioning Targeted Geography Investment per store Target Customer Company Owned 4000-6000 sq.ft & Upto price point of South India Rs. 1 Cr. to Rs. 1.5 Crs. Gen Z Company Operated 8000-10000 sq.ft Rs. 999 15
Slide 17: ZECODE Stores
ZECODE Stores MANGALORE MANDYA HASSAN HUBBALLI RMM MYSORE GT MALL 16
Slide 18: Ethnic Wear - DEVO
Ethnic Wear - DEVO Store Format Store Size Price Positioning Targeted Geography Investment per store Target Customer Company Owned 2000-4000 sq.ft Mid – Premium North India Rs. 1 Cr. to Rs. 1.5 Crs. Men Company Operated 17
Slide 19: DEVO Stores
DEVO Stores LUCKNOW- PHOENIX Store Launch Event Guest - Arjun PALASSIO Kapoor Store Launch Event Guest - JALANDHAR Harbhajan Singh 18
Slide 20: Our Legacy Business
Siyarams Our Legacy Business —) eee = |
Slide 21: Serve Multiple End Markets through Different Brands and Sub-Brands
Serve Multiple End Markets through Different Brands and Sub-Brands… End markets Distributors MBO’s Institutions Exclusive Shops Online Marketplace FABRICS I A LIA FA S H I GARMENTS 20
Slide 22: Serving Different Customer Needs
…through serving Different Customer Needs 21
Slide 23: In-house Design Studio and Top-Notch Technology
…through In-house Design Studio and Top-Notch Technology In-house Design Studio WOOL BLENDS 100% COTTON Every dream is distinct, and we ensure that our teams, the creative vision, materials, and craftsmen all work together to create a unique translation. We uphold the highest standards for materials
Slide 24: Our Advertising & Marketing Initiatives
Our Advertising & Marketing Initiatives 23
Slide 25: Our Experienced Board
Our Experienced Board MR. RAMESH PODDAR MR. PAWAN PODDAR MR. SHRIKISHAN PODDAR MR. GAURAV PODDAR MR. ASHOK M. JALAN Chairman & Managing Director Joint Managing Director Executive Director President & Executive Director Senior President cum Director Mr Ramesh Poddar is a stalwart of textile Mr Pawan
Slide 26: Our Experienced Board
Our Experienced Board MR. SACHINDRA N. MR. CHETAN S. THAKKAR MR. DEEPAK R. SHAH MRS. MANGALA R. PRABHU DR. ASHOK N.DESAI CHATURVEDI Mr. Sachindra N. Chaturvedi Fellow Mr. Chetan S. Thakkar is a Graduate and Mr. Deepak R. Shah is a Graduate and a Mrs. Mangala R. Prabhu is a Postgraduate Dr Ashok N. D
Slide 27: Choosing Siyaram's: Here's Why
Choosing Siyaram’s: Here’s Why Proven Track Record Marketing Approach The brand Siyaram’s stands for exceptional craftsmanship and consistent growth. Despite competition, Siyaram Our traditional marketing strategy garnered positive results maintains its edge through prudent financial management, in
Slide 28: Our Financial Performance
Our Financial Performance i
Slide 29: Outcome of Strategic Actions
Outcome of Strategic Actions Return on Capital Employed % Asset Turnover ratio (x) * Adjusted for cash & Investments 1.39 1.41 31.8 32.6 1.29 1.27 24.4 23.2 0.80 3.6 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Return on Equity % Net Debt (₹ in Mn) 24.8 24.2 1,693 1,275 16.2 16.4 367 208 226 0.
Slide 30: Revenue Break-up
Revenue Break-up (in ₹ Million) (In%) 6% +6.4% 6% 5% 22,203 13% 21,467 4% 13% 20,872 1,303 13% 1,357 1099 19,031 2,870 14% 917 2,915 2,729 2,574 7% 10,875 11% 758 81% 77% 82% 1,164 82% 17,195 18,031 17,044 15,540 82% 8,953 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Fabric Garment Others Fabri
Slide 31: Businesswise Performance
Businesswise Performance (₹ in Mn) Fabric Garments +5.8% +5.2% 2,870 -1.1% 18,031 ➢ Exports contributed 9% of the 17,044 6.9% 2.3% Revenues in FY25 2.9% 2,729 ➢ Overall revenue growth has been volume-driven, supported by market demand and efficient operational execution. This has contributed to topl
Slide 32: Profit & Loss Statement
Profit & Loss Statement Particulars (₹ in Mn) FY23 FY24 FY25 Revenue from Operations 22,293 20,872 22203 Other Income 402 375 753 Total Income 22,695 21,247 22,956 Cost Of Goods Sold 12971 12106 13022 Employee Expenses 1791 1723 1827 Other Expenses 3842 4194 4581 EBITDA 4,091 3,224 3,526 EBITDA Marg
Slide 33: Balance Sheet
Balance Sheet Equity & Liabilities (₹ in Mn) FY23 FY24 FY25 Assets (₹ in Mn) FY23 FY24 FY25 Equity Non-Current Assets Equity Share Capital 94 91 91 Property, plant and equipment 4,512 4,522 5,515 Capital Work-in-Progress 54 187 31 Other Equity 11,315 11,319 12,794 Other Intangible Assets 4 4 4 Total
Slide 34: Cash Flow Statement
Cash Flow Statement Particulars (₹ in Mn) FY23 FY24 FY25 Cash Flow from Operating Activities Profit before Tax 3,316 2,471 2,689 Adjustment for Non-Operating Items 472 488 206 Operating Profit before Working Capital Changes 3,788 2,959 2,895 Changes in Working Capital -720 -1096 301 Cash Generated f
Slide 35: Rewarding Shareholders
Siyarams Rewarding Shareholders eB
Slide 36: Rewarding Shareholders in the Lead-up to the 50th Anniversary
Rewarding Shareholders in the Lead-up to the 50th Anniversary As Siyaram’s embarks on the pathway to its golden anniversary three years hence, the Board has proposed a special reward for its esteemed shareholders who have been steadfast in their support during the Company’s journey. As part of this
Slide 37: Consistent Returns to Stakeholders since Listing
Consistent Returns to Stakeholders since Listing FY21 FY22 FY23 FY24 FY25 ₹ 21.5 Cr ₹ 43.1 Cr ₹ 51.6 Cr ₹ 108 Cr Buyback (Post Tax) ₹ 54.4 Cr VALUE CREATION FOR Dividend Outlay Dividend Outlay Dividend Outlay ₹ 49.9 Cr Dividend Outlay Dividend Outlay SHAREHOLDERS +Buyback: Rs. 108 Cr Robust sharehol
Slide 38: Annexure
Annexure
Slide 39: Testimony to our Success
Testimony to our Success Guinness World Awarded as India's Awarded as The Next Records for creating Most Attractive 500 by Fortune India World’s most viewed Brands by Trust livestream Research Advisory Ranked amongst Top Awarded as Most Felicitated as Iconic 100 Franchise Trusted Brand by ET & Brand
Slide 40: Our Social & Sustainability Initiatives
Our Social & Sustainability Initiatives Blind Cricket Tournament 2024, Mumbai Contributed for construction of 2 out of 4 floors for Apna Ghar Proposed 3D of new hospital in Savarkundla Ashram World Environment Day, Tarapur 39
Slide 41: Thank You
Company : Siyaram Silk Mills Limited www.siyaram.com Mr. Surendra Shetty Chief Financial Officer Surendra.shetty@siyaram.com Investor Relations Advisors : MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG Pension & Market Services Mr. Nikunj Jain nikunj.jain@in.m