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 ₹ 345 Cr.
- Current Price ₹ 87.1
- High / Low ₹ 158 / 80.0
- Stock P/E 11.2
- Book Value ₹ 44.9
- Dividend Yield 2.61 %
- ROCE 28.6 %
- ROE 25.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- 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 | 628 | |
| 0 | 522 | 558 | 561 | 560 | 585 | |
| Operating Profit | 0 | 21 | 34 | 40 | 43 | 43 |
| OPM % | 4% | 6% | 7% | 7% | 7% | |
| 0 | 1 | 2 | 2 | 4 | 5 | |
| Interest | 0 | 4 | 4 | 2 | 2 | 1 |
| Depreciation | 0 | 1 | 1 | 1 | 5 | 6 |
| Profit before tax | 0 | 16 | 31 | 39 | 41 | 42 |
| Tax % | 25% | 26% | 25% | 25% | ||
| 0 | 12 | 23 | 30 | 31 | 31 | |
| EPS in Rs | 0.00 | 1,231.00 | 2,297.00 | 8.92 | 7.72 | 7.79 |
| Dividend Payout % | 0% | 0% | 0% | 29% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 4% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 35% |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -44% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 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 | |
|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.10 | 0.10 | 33 | 40 |
| Reserves | 0 | 12 | 35 | 32 | 138 |
| 0 | 67 | 41 | 43 | 15 | |
| 0 | 91 | 112 | 98 | 97 | |
| Total Liabilities | 0 | 170 | 189 | 206 | 290 |
| 0 | 3 | 3 | 3 | 7 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 4 | 4 | 8 |
| 0 | 167 | 182 | 199 | 275 | |
| Total Assets | 0 | 170 | 189 | 206 | 290 |
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
-
Announcement under Regulation 30 (LODR)-Change in Management
1d - AGM 25 Sep 2025: shareholders approved five-year secretarial auditor appointment and Mrs. Pallavi Korgaonkar as independent director (3 years).
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
1d - AGM Sep 25, 2025: four resolutions passed—financials adopted, director reappointments, secretarial auditor appointed.
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Shareholder Meeting / Postal Ballot-Outcome of AGM
2d - AGM held Sep 25, 2025; FY25 revenue ₹613.61cr, EBITDA ₹42.15cr, PAT ₹30.57cr; interim dividend ₹2.27.
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Letters Sent To Shareholders
4 Sep - Dispatched letters with AGM notice and FY2024-25 annual report; AGM 25 Sep 2025; e-voting 22-24 Sep.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2 Sep - Copy of newspaper clippings of publication pertaining to Notice and e-voting information of the Annual General Meeting scheduled to be held on Thursday, September 25, …
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.