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 ₹ 233 Cr.
- Current Price ₹ 58.8
- High / Low ₹ 87.4 / 46.2
- Stock P/E 9.84
- Book Value ₹ 49.2
- Dividend Yield 5.10 %
- ROCE 16.2 %
- ROE 12.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.20 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.1%
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.
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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 0 | 543 | 592 | 602 | 604 | 631 | 634 | |
| 0 | 522 | 558 | 561 | 560 | 599 | 603 | |
| Operating Profit | 0 | 21 | 34 | 40 | 43 | 32 | 31 |
| OPM % | 3.8% | 6% | 7% | 7% | 5% | 4.9% | |
| 0 | 1 | 2 | 2 | 4 | 6 | 6 | |
| Interest | 0 | 4 | 4 | 2 | 2 | 1 | 1 |
| Depreciation | 0 | 1 | 1 | 1 | 5 | 6 | 5 |
| Profit before tax | 0 | 16 | 31 | 39 | 41 | 31 | 32 |
| Tax % | 25% | 26% | 25% | 25% | 25% | ||
| 0 | 12 | 23 | 30 | 31 | 23 | 24 | |
| EPS in Rs | 0.00 | 3.72 | 6.94 | 8.92 | 7.72 | 5.91 | 5.97 |
| Dividend Payout % | 0% | 0% | 0% | 29% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 2% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -1% |
| TTM: | -23% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 23% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.10 | 0.10 | 33 | 40 | 40 |
| Reserves | 0 | 12 | 35 | 32 | 138 | 155 |
| 0 | 67 | 41 | 43 | 15 | 1 | |
| 0 | 91 | 112 | 98 | 97 | 92 | |
| Total Liabilities | 0 | 170 | 189 | 206 | 290 | 287 |
| 0 | 3 | 3 | 3 | 7 | 7 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 4 | 4 | 8 | 8 |
| 0 | 167 | 182 | 199 | 275 | 272 | |
| Total Assets | 0 | 170 | 189 | 206 | 290 | 287 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 0 | -40 | 35 | -9 | 2 | 36 | |
| 0 | -4 | -4 | -0 | -8 | -1 | |
| 0 | 61 | -29 | -0 | 42 | -12 | |
| Net Cash Flow | 0 | 17 | 2 | -9 | 37 | 23 |
| Free Cash Flow | 0 | -44 | 34 | -9 | -3 | 34 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -170% | 127% | 4% | 29% | 137% |
Ratios
Standalone / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 46 | 40 | 46 | 51 | 42 | |
| Inventory Days | 56 | 64 | 74 | 86 | 78 | |
| Days Payable | 65 | 75 | 65 | 63 | 56 | |
| Cash Conversion Cycle | 37 | 30 | 54 | 74 | 63 | |
| Working Capital Days | -5 | 6 | 29 | 71 | 64 | |
| ROCE % | 53% | 45% | 45% | 29% | 16% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Kolhapur Store Revenue Share % |
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| Number of Units Sold millions |
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| Sarees as % of Revenue % |
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| Total Number of Customers count |
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| West Zone Revenue Share % |
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| Avg Net Sales per Customer Rs. |
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| Net Sales per sq.ft. area in use Rs. |
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Extracted by Screener AI
Documents
Announcements
-
Intimation Under Schedule III Part A Para A Sub-Para 20
- CGST Kolhapur issued GST DRC-07 order on 19 Oct 2026 imposing ₹32.09 lakh penalty.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended September 30, 2026; shares fully in demat form.
-
Closure of Trading Window
- Trading window closed from 1 Oct 2026 until 48 hours after Q2 FY26 results.
-
Announcement under Regulation 30 (LODR)-Dividend Updates
- Board approved interim dividend of Rs. 3 per share for FY27; record date set for September 30, 2026.
- Record Date For Interim Dividend
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.