Sai Silks (Kalamandir) Ltd

Sai Silks (Kalamandir) Ltd

₹ 117 -1.64%
21 May 4:01 p.m.
About

Incorporated in 2005, Sai Silks (Kalamandir) Limited provides ethnic apparel and value-fashion products through its four store formats - ‘Kalamandir‘, ‘VaraMahalakshmi Silks‘, ‘Mandir‘ and ‘KLM Fashion Mall''.[1]

Key Points

Leading Textile Company[1] Sai Silks (Kalamandir) is one of South India's largest ethnic apparel retailers, excelling in sarees. The company is ranked among the top 10 ethnic apparel retailers in terms of revenue and profit after tax (PAT) for FY24.

  • Market Cap 1,794 Cr.
  • Current Price 117
  • High / Low 204 / 111
  • Stock P/E 21.0
  • Book Value 73.8
  • Dividend Yield 0.86 %
  • ROCE 12.0 %
  • ROE 7.78 %
  • Face Value 2.00

Pros

Cons

  • The company has delivered a poor sales growth of 4.46% over past five years.
  • Company has a low return on equity of 13.0% over last 3 years.
  • Dividend payout has been low at 10.6% of profits over last 3 years

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
340 309 379 324 305 327 382 360 267 347 449 399
284 268 314 273 260 272 324 305 248 292 370 340
Operating Profit 56 41 65 51 45 55 58 54 19 55 79 58
OPM % 16% 13% 17% 16% 15% 17% 15% 15% 7% 16% 18% 15%
1 2 2 3 3 2 10 8 7 6 6 5
Interest 9 9 13 13 14 14 14 11 10 10 10 10
Depreciation 10 10 10 11 11 12 12 12 13 13 13 14
Profit before tax 38 23 43 29 22 32 42 39 3 39 62 39
Tax % 25% 25% 27% 31% 25% 26% 24% 26% 26% 39% 25% 66%
29 17 31 20 17 23 32 29 2 24 46 14
EPS in Rs 2.26 1.38 2.48 1.60 1.33 1.52 2.09 1.87 0.14 1.55 3.00 0.88
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
692 1,044 1,176 677 1,129 1,351 1,374 1,462
638 961 1,072 615 991 1,132 1,154 1,250
Operating Profit 53 83 104 62 138 219 219 212
OPM % 8% 8% 9% 9% 12% 16% 16% 14%
0 1 3 2 4 7 23 24
Interest 18 20 27 27 34 52 60 40
Depreciation 9 14 26 29 31 41 48 53
Profit before tax 27 49 53 7 77 134 135 143
Tax % 43% 38% 21% 30% 25% 27% 25% 40%
15 30 42 5 58 98 101 85
EPS in Rs 6.54 12.93 17.95 2.13 23.97 7.72 6.58 5.57
Dividend Payout % 0% 0% 0% 0% 0% 0% 15% 17%
Compounded Sales Growth
10 Years: %
5 Years: 4%
3 Years: 9%
TTM: 6%
Compounded Profit Growth
10 Years: %
5 Years: 15%
3 Years: 14%
TTM: -15%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -37%
Return on Equity
10 Years: %
5 Years: 13%
3 Years: 13%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 23 23 23 24 24 24 29 29
Reserves 135 166 208 219 277 373 1,033 1,102
112 172 233 279 347 526 464 405
121 205 229 143 195 297 114 104
Total Liabilities 392 566 693 665 842 1,220 1,642 1,641
113 152 251 225 249 379 414 465
CWIP 0 0 0 2 0 0 2 0
Investments 0 0 0 0 0 0 0 0
279 414 442 438 593 841 1,225 1,175
Total Assets 392 566 693 665 842 1,220 1,642 1,641

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
59 30 85 -15 46 41 -21 107
-49 -47 -47 -18 -42 -60 -332 118
-10 37 -45 19 1 15 393 -184
Net Cash Flow 0 19 -7 -14 4 -4 40 41

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 2 2 1 1 1 1 1 1
Inventory Days 163 170 160 300 236 306 324 334
Days Payable 58 71 73 88 64 102 27 11
Cash Conversion Cycle 107 101 87 213 172 205 298 323
Working Capital Days 69 58 56 141 108 129 180 186
ROCE % 22% 20% 7% 19% 24% 16% 12%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
60.80% 60.80% 60.80% 60.80% 60.80% 60.80% 60.87%
7.11% 4.59% 3.32% 2.86% 3.29% 3.26% 3.17%
18.85% 19.83% 20.42% 19.12% 16.16% 15.41% 15.74%
9.32% 10.86% 11.54% 13.31% 15.82% 16.60% 16.31%
3.92% 3.92% 3.92% 3.92% 3.92% 3.92% 3.92%
No. of Shareholders 59,65644,96949,08950,87655,29659,49959,002

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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