Sai Silks (Kalamandir) Ltd
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]
- 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
40s - Audio Recording for Q4 FY 25 results
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Investor presentation on Q4 & FY25 audited results and growth strategy of Sai Silks Kalamandir Limited.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Q4 and FY 25 results paper ad
- Corporate Action-Board to consider Dividend 16 May
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Announcement under Regulation 30 (LODR)-Investor Presentation
16 May - Investor Presentation for the results Q4 FY 2024-25
Annual reports
Concalls
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May 2025TranscriptNotesPPT REC
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT REC
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May 2024Transcript PPT
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Feb 2024TranscriptPPT
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Feb 2024TranscriptPPTREC
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Nov 2023TranscriptPPTREC
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.