SIYARAM SILK MILLS LTD

Siyaram Silk Mills Limited held its Q1 FY27 Earnings Conference Call on July 31, 2026, where management discussed the company's performance and strategic initiatives. Management reported a total income of INR 466 crores for the quarter, reflecting a year-on-year growth of 16.4%. The EBITDA increased to INR 40 crores, with a margin of 8.6%, and profit after tax rose to INR 11 crores, a 144.4% increase from the previous year. The company is focusing on its retail brands, ZECODE and DEVO, and plans to expand their store count significantly. Management noted that while the demand environment remained stable, inflationary pressures affected consumer spending. They also highlighted the approval of a scheme for issuing cumulative nonconvertible redeemable preference shares to equity shareholders. Overall, management expressed confidence in their growth strategy and operational efficiency.

Management highlighted strong financial performance and strategic growth initiatives.