KALAMANDIR · Sai Silks (Kalamandir) Ltd · Retail (Apparel)
KALAMANDIR · Sai Silks (Kalamandir) Ltd · Retail (Apparel)
As of 05 Nov close
52-week range
57.6% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹381 Cr
Revenue YoY
PAT YoY
-14.7%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1
P/S (TTM)
0.7
Sector P/E
14.2
Dividend yield
+1.8%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| KALAMANDIR (this stock) | 11.8 | 1 | +8.2% | +10.8% | 0.29 | +1.8% |
| Trent | 96.8 | 21.1 | +8.6% | +25.9% | 0.37 | +0.1% |
| Metro Brands | 67.4 | 14 | +13.8% | +20.4% | 0.79 | +0.6% |
| Brainbees Solutions | Not available from data source | 3 | -1.4% | -2.6% | 0.33 | 0.0% |
Promoter
stable
FII
rising 1q
MF
5.35% (-1.53pp)
falling 1q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: During the earnings conference call held on July 16, 2026, management discussed the financial performance for Q1 FY 2026-27, reporting a revenue from operations of INR 375 crores, nearly flat compared to INR 379 crores in the same quarter last year. Management attributed the subdued performance to the Adhik Maas period, which traditionally affects consumer spending on major purchases. Same-store sales saw a decline of 7.5%, and EBITDA margins decreased by 1%. Despite these challenges, gross margins remained stable at around 42%. The company continued its expansion, adding approximately 30,000 square feet of retail space, bringing the total to 83 stores across four states. Management emphasized the importance of evaluating performance on an annual basis due to the seasonal nature of the business. They maintained a revenue growth guidance of 12-15% for the full year, while also noting the impact of external factors such as geopolitical issues and weather conditions on consumer demand.
Management highlighted both challenges and ongoing expansion efforts during the call.
Sourced from an exchange-filed transcript, dated 23 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Sai Silks (Kalamandir) Limited, dated July 15, 2026, provided an overview of the company's operations and financial performance for the quarter ending June 30, 2026. The document highlighted that Sai Silks is one of the largest ethnic apparel retailers in South India, focusing on sarees and offering a range of products across various brand formats. The presentation reported a total revenue from operations of ₹375.08 crores for Q1 FY 2026-27, reflecting a decrease from ₹419.06 crores in the previous quarter. Gross margins were reported at 42.08%, with a profit after tax of ₹25.64 crores. The company emphasized its strategic expansion in prime locations and its commitment to technology-driven operational efficiencies. Additionally, the presentation included a detailed analysis of the company's market position and growth strategies, supported by data from Technopak Advisors.
The presentation provided a balanced overview of the company's performance and strategies without strong positive or negative emphasis.
Sourced from an exchange-filed presentation, dated 15 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The earnings conference call for Sai Silks (Kalamandir) Limited, held on May 13, 2026, discussed the company's performance for Q4 FY26 and the full fiscal year. Management reported a 5.1% year-on-year revenue growth in Q4, totaling INR 419 crores, and a significant 140% increase in profit after tax (PAT) to INR 32.65 crores. For the full year, revenue grew by 13.1% to INR 1,654 crores, with a PAT of INR 141 crores, reflecting a 65% increase. The company added 13 new stores, expanding its retail space by approximately 78,600 square feet. Management highlighted the resilience of the Indian ethnic wear market, driven by the wedding economy and rising disposable incomes. They acknowledged challenges from increased competition and changing consumer behavior but expressed optimism about future growth opportunities, particularly in Tier 2 and Tier 3 cities. The call concluded with management emphasizing their focus on operational efficiency and strategic investments for continued growth.
Management highlighted strong revenue and profit growth while expressing optimism about future opportunities.
Sourced from an exchange-filed transcript, dated 19 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Sai Silks (Kalamandir) Limited, dated May 12, 2026, provides an overview of the company's audited financial results for the fiscal year ending March 31, 2026. The document highlights that Sai Silks is one of the largest ethnic apparel retailers in South India, focusing on sarees and offering a diverse range of products across various brand formats. The presentation outlines the company's growth trajectory, reporting a revenue increase from ₹1,462.01 crores in FY 2024-25 to ₹1,653.67 crores in FY 2025-26, marking a 13.11% growth. Key financial metrics include a gross margin of 41.78% and a profit after tax margin of 8.52% for FY 2025-26. The company emphasizes its strategic expansion, technology integration, and a strong online presence to enhance customer experience. Additionally, the presentation includes a detailed analysis of the company's operational performance and market positioning.
The presentation emphasized growth and operational strengths.
Sourced from an exchange-filed presentation, dated 12 May 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedSai Silks (Kalamandir) Limited reported revenue of INR 1,462 crores and profit after tax of INR 85 crores for FY2024-25, with EBITDA of INR 212 crores. The company's IPO in FY2023-24 improved its credibility and reduced debt pressure. Funds from the IPO were utilized for store expansion, warehouses, working capital, and loan repayments, with INR 384.69 crores spent out of INR 566.23 crores. The auditor's report noted no qualifications, and the company resolved a tax liability from a 2023 search and seizure by paying INR 27.07 crores in April 2025. The company has no defaults, regulatory penalties, or liquidity issues, and its internal controls are deemed adequate.
- Revenue of INR 1,462 crores and PAT of INR 85 crores for FY2024-25.
- IPO proceeds of INR 566.23 crores utilized for expansion and repayment, with INR 384.69 crores spent as of March 2025.
- Tax liability from 2023 search and seizure resolved by paying INR 27.07 crores in April 2025.
- No defaults, regulatory penalties, or liquidity issues noted; internal controls are adequate.
Key takeaway: Sai Silks (Kalamandir) Limited delivered strong financial performance in FY2024-25 with robust revenue and profit, effectively utilizing IPO funds and resolving past tax liabilities, with no significant risks or compliance issues reported.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (1 item); Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
1 occurrenceRecent (last 12 months)
The auditor noted that the assessment and application of inventory provisions are subject to significant management judgment, which could result in an overstatement of inventory value if the cost exceeds the net realisable value.
Default / Covenant Breach
1 occurrenceEarlier (1-3 years ago)
The Company is yet to receive NOCs from charge holders for repayment of vehicle loans totaling ₹1.16 Cr from HDFC Bank, ₹0.93 Cr from Toyota Financial Services India Limited, and ₹0.77 Cr from Daimler Financial Services, and has not filed the particulars of satisfaction of said charges with the Registrar of Companies (MCA).
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has a pending legal dispute with M/s. Profit shoe company Private Limited over rent escalation, with the case pending before the Addl. District Judge, Rajahmundry (case no. 75 of 2024). Additionally, the company faces a contempt petition from residents regarding noise and traffic issues with GHMC, and a copyright infringement claim seeking ₹5 Crores in damages.
Earlier (1-3 years ago)
The company is involved in a pending legal dispute with M/s. Profit shoe company private limited over abnormal rent increase, with the case pending before the Addl. District Judge, Rajahmundry (case no. 75 of 2024). Additionally, the company faces a contempt petition from residents regarding noise and traffic issues with GHMC, and a copyright dispute involving a ₹5 Crore claim from Phonographic performance limited.
The company has a pending court case regarding the use of intellectual property, with the court restraining the company from playing certain sound recordings in its malls and stores. The matter is currently pending before the Court.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company has disclosed transactions with related parties, including rent expenses and income from AC Holdings and Soul of Pluto Tech LLP, and remuneration paid to several relatives of KMP and directors.
Earlier (1-3 years ago)
The company received amounts on behalf of selling shareholders for the IPO public offer, including from Nagakanaka Durga Prasad Chalavadi, Kalyan Srinivas Annam, and others.