Siyaram Silk Mills Ltd is a manufacturer and marketer of fabrics, readymade garments, and other textile products, selling its products under brand names like Cadini, Siyaram's, and Oxemberg. Incorporated in June 1978 as a private limited company, Siyaram Silk Mills Ltd (SSML) was converted into a public limited company in 1980 and belongs to the Siyaram-Poddar Group.
The company has established itself as one of India's leading textile manufacturers with a comprehensive portfolio spanning fabrics, readymade garments, and specialty yarns. It is recognized as one of the most renowned vertically integrated textile companies in the country, operating a wide range of machinery in its eco-friendly plants at Tarapur, Daman, and Mumbai.
Siyaram Silk Mills operates through multiple business segments, each catering to different market needs. The company is engaged in manufacturing, branding, and marketing of fabrics, readymade garments, and indigo dyed yarn. Its businesses include fabrics, apparel, exports, home furnishing, institutional, yarns, and retail.
The company's fabric division represents its core strength, manufacturing a wide variety of textiles. It offers a range of fabrics, including polyester viscose, polyester viscose blend, polyester viscose lycra, polyester cotton, wool linen, polyester viscose linen, polyester wool, wool lycra, and others. The company is acknowledged for producing the largest variety of fabrics and is recognized as the country's leading blended fabric manufacturer.
In terms of production capacity, Siyaram produces over 4 million meters of fabric per month, making it a leading textile manufacturer in the country. The company boasts the largest weaving infrastructure with over 500 looms (both dobby and Jacquard), and has the capacity to process 48 million meters of suiting, shirting, and home textiles fabrics each year.
The company's brand names include Siyaram, J. Hampstead, Cadini, and Oxemberg. These brands cater to different market segments, from premium fabrics to ready-to-wear clothing. Siyaram Silk Mills is associated with one lakh (100,000) retail outlets and has over 170 branded showrooms across the nation.
The company has been expanding its retail presence through strategic initiatives. Siyaram Silk Mills recently announced the opening of new retail outlets to enhance direct customer engagement and provide a seamless shopping experience. These stores will cater specifically to the growing demand for fast fashion and ethnic wear, marking a significant step forward in the company's strategic expansion plans.
As of July 11, 2025, the market capitalization of Siyaram Silk Mills Ltd stood at ₹3,268.68 Crore. The company has demonstrated strong financial performance in recent years. For the full financial year 2025, Siyaram Silk Mills (NSE:SIYSIL) reported revenue of ₹23.0 billion (up 9.8% from FY 2024) and EPS of ₹43.45 (up from ₹40.00 in FY 2024).
Recent quarterly performance shows consistent growth momentum. Net profit of Siyaram Silk Mills rose 2.14% to ₹45.39 crore in the quarter ended December 2024, compared to ₹44.44 crore during the previous quarter ended December 2023. Sales rose 13.38% to ₹570.73 crore in the quarter ended December 2024, as against ₹503.37 crore during the previous quarter ended December 2023.
• Market Capitalization: ₹3,268.68 Crore (as of July 11, 2025)
• FY2025 Performance: Revenue: ₹23.0 billion (up 9.8%), EPS: ₹43.45
• Q3 FY2025 Performance: Net Profit: ₹45.39 crore (up 2.14%), Sales: ₹570.73 crore (up 13.38%)
• P/E Ratio: 16.45 (as of July 11, 2025)
• P/B Ratio: 2.53 (as of July 11, 2025)
• Dividend: Recommended a Second Interim dividend of ₹3 per share (150%) for 2025.
Siyaram Silk Mills share price as on July 12, 2025, is ₹720.45. Over the past six months, the share price has decreased by 18.28%, but in the last one year, it has increased by 38.31%. The Siyaram Silk Mills share hit a 1-year low of ₹465.25 and a 1-year high of ₹1175.
The stock has demonstrated remarkable long-term performance. Siyaram Silk Mills (Small Cap) has delivered 496.0% returns in 5-year with an 8.8% profit margin. Long-Term Performance: 1-year: +61.26% | 3-year: +18.7% | 5-year: +496.04%.
The company maintains strong credit ratings, reflecting its financial stability. CRISIL reaffirms Siyaram Silk Mills' ratings at AA-/Stable and A1+ for ₹227.69 crore facilities. This rating indicates the company's strong financial position and ability to meet its debt obligations.
The company operates a chain of retail outlets across India, with a majority of its revenue generated from its business in India and the rest from other regions. Siyaram Silk Mills exports to countries like UAE, Australia, Bahrain, Bangladesh, Cambodia, Canada, and others.
Siyaram Silk Mills has positioned itself as a comprehensive textile manufacturer with a strong market presence across India and a growing international footprint. The company's diversified product portfolio, strong brand recognition, and expanding retail network make it a significant player in India's textile industry. With consistent financial performance and strategic expansion plans, the company continues to strengthen its position in the competitive textile market.
