Saraswati Saree Depot Ltd
Founded in 1996, Saraswati Saree Depot Limited specializes in the manufacturing and wholesale distribution of women’s apparel.[1]
- Market Cap ₹ 257 Cr.
- Current Price ₹ 64.8
- High / Low ₹ 108 / 62.9
- Stock P/E 9.47
- Book Value ₹ 47.6
- Dividend Yield 3.50 %
- ROCE 28.6 %
- ROE 25.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is providing a good dividend yield of 3.50%.
- Company has a good return on equity (ROE) track record: 3 Years ROE 42.5%
Cons
- Working capital days have increased from 35.2 days to 70.8 days
* 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.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Garments & Apparels
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 0 | 543 | 592 | 602 | 604 | 634 | |
| 0 | 522 | 558 | 561 | 560 | 597 | |
| Operating Profit | 0 | 21 | 34 | 40 | 43 | 37 |
| OPM % | 4% | 6% | 7% | 7% | 6% | |
| 0 | 1 | 2 | 2 | 4 | 5 | |
| Interest | 0 | 4 | 4 | 2 | 2 | -0 |
| Depreciation | 0 | 1 | 1 | 1 | 5 | 5 |
| Profit before tax | 0 | 16 | 31 | 39 | 41 | 37 |
| Tax % | 25% | 26% | 25% | 25% | ||
| 0 | 12 | 23 | 30 | 31 | 27 | |
| EPS in Rs | 0.00 | 1,231.00 | 2,297.00 | 8.92 | 7.72 | 6.84 |
| Dividend Payout % | 0% | 0% | 0% | 29% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 4% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 35% |
| TTM: | -3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -39% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 47% |
| 3 Years: | 43% |
| Last Year: | 25% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.10 | 0.10 | 33 | 40 | 40 |
| Reserves | 0 | 12 | 35 | 32 | 138 | 149 |
| 0 | 67 | 41 | 43 | 15 | 9 | |
| 0 | 91 | 112 | 98 | 97 | 181 | |
| Total Liabilities | 0 | 170 | 189 | 206 | 290 | 379 |
| 0 | 3 | 3 | 3 | 7 | 7 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 4 | 4 | 8 | 7 |
| 0 | 167 | 182 | 199 | 275 | 365 | |
| Total Assets | 0 | 170 | 189 | 206 | 290 | 379 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 0 | -40 | 35 | -9 | 2 | |
| 0 | -4 | -4 | -0 | -8 | |
| 0 | 61 | -29 | -0 | 42 | |
| Net Cash Flow | 0 | 17 | 2 | -9 | 37 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 46 | 40 | 46 | 51 | |
| Inventory Days | 56 | 64 | 74 | 86 | |
| Days Payable | 65 | 75 | 65 | 63 | |
| Cash Conversion Cycle | 37 | 30 | 54 | 74 | |
| Working Capital Days | -5 | 6 | 29 | 71 | |
| ROCE % | 53% | 45% | 45% | 29% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Q3 FY26 revenue ₹144.47cr (-20.7%); 9M revenue ₹497.63cr (+4.3%); 9M PAT ₹20.07cr.
- Investor Presentation For The Quarter And Nine Months Ended On December 31, 2025 1d
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Feb - Newspaper publication for the financial results for the quarter and nine months ended December 31, 2025.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
14 Feb - CRISIL monitoring agency report: IPO proceeds largely utilised; Rs 4.23m unutilised as of Dec 31, 2025.
- Financial Results For The Quarter And Nine Months Ended December 31, 2025. 14 Feb
Annual reports
Concalls
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Feb 2026TranscriptAI SummaryPPT
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025TranscriptAI SummaryPPT
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Aug 2025TranscriptAI SummaryPPT
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May 2025TranscriptAI SummaryPPT
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May 2025TranscriptAI SummaryPPT
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Feb 2025TranscriptAI SummaryPPT
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Nov 2024TranscriptAI SummaryPPT
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Nov 2024TranscriptAI SummaryPPT
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Sep 2024TranscriptAI SummaryPPT
Business Profile[1] Saraswati Saree Depot (SSD) is a B2B wholesaler specializing in sarees and other women's apparel, including kurtis, dress materials, blouse pieces, lehengas, and bottoms. The company sources products from over 900 weavers and suppliers across India, with key relationships established in hubs such as Surat, Varanasi, Mau, Madurai, Dharmavaram, Kolkata, and Bengaluru.