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 ₹ 378 Cr.
- Current Price ₹ 95.8
- High / Low ₹ 219 / 80.0
- Stock P/E 13.6
- Book Value ₹ 46.6
- Dividend Yield 2.37 %
- ROCE 45.2 %
- ROE 58.9 %
- 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 80.7%
Cons
* 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 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 0 | 543 | 592 | 611 | 600 | |
| 0 | 522 | 558 | 570 | 561 | |
| Operating Profit | 0 | 21 | 34 | 40 | 39 |
| OPM % | 4% | 6% | 7% | 7% | |
| 0 | 1 | 2 | 2 | 4 | |
| Interest | 0 | 4 | 4 | 2 | 3 |
| Depreciation | 0 | 1 | 1 | 1 | 4 |
| Profit before tax | 0 | 16 | 31 | 39 | 37 |
| Tax % | 25% | 26% | 25% | ||
| 0 | 12 | 23 | 30 | 28 | |
| EPS in Rs | 0.00 | 1,231.00 | 2,297.00 | 8.92 | 7.54 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 29% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 81% |
| Last Year: | 59% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.10 | 0.10 | 33 | 40 |
| Reserves | 0 | 12 | 35 | 32 | 145 |
| 0 | 67 | 41 | 43 | 0 | |
| 0 | 91 | 112 | 98 | 141 | |
| Total Liabilities | 0 | 170 | 189 | 206 | 325 |
| 0 | 3 | 3 | 3 | 4 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 4 | 4 | 4 |
| 0 | 167 | 182 | 199 | 317 | |
| Total Assets | 0 | 170 | 189 | 206 | 325 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 0 | -40 | 35 | -9 | |
| 0 | -4 | -4 | -0 | |
| 0 | 61 | -29 | -0 | |
| Net Cash Flow | 0 | 17 | 2 | -9 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 46 | 40 | 45 | |
| Inventory Days | 56 | 64 | 74 | |
| Days Payable | 65 | 75 | 65 | |
| Cash Conversion Cycle | 37 | 30 | 54 | |
| Working Capital Days | 39 | 31 | 54 | |
| ROCE % | 53% | 45% | 45% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
15 May - CRISIL report confirms IPO proceeds utilized as per plan; no deviations for quarter ended March 31, 2025.
-
Board Meeting Intimation for Approval Of Audited Standalone Financials For The Quarter And Year Ended March 31, 2025.
2 May - Board meeting on May 30, 2025, to approve audited financial results for FY 2025.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
26 Apr - Saraswati Saree Depot confirms non-applicability as Large Corporate for FY 2024-25 per SEBI norms.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Apr - Compliance certificate under Reg 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended March 31, 2025.
-
Announcement under Regulation 30 (LODR)-Dividend Updates
4 Apr - Declared interim dividend of Rs. 1.515 per share.
Annual reports
No data available.
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 in hubs like Surat, Varanasi, Mau, Madurai, Dharmavaram, Kolkata, and Bengaluru.