Siyaram’s Stitches Together Strong Q4, Sweetens FY26 With Double Dividend

Nikunj Parikh May 19, 2026 280 Views

Siyaram Silk Mills Limited closed Q4 FY26 with robust growth in revenue and profit, underpinned by healthy demand for its textiles and garments portfolio. The company coupled its strong financial performance with a rich shareholder payout, announcing both a special interim dividend and a higher final dividend for the year.

For the March 2026 quarter, Siyaram Silk Mills' Limited reported consolidated revenue from operations of 8.53 billion rupees and consolidated net profit of 977.8 million rupees, supported by improved operating leverage, controlled finance costs and steady consumer demand. Over FY26, the business delivered double‑digit topline growth, strong margins and healthy cash flows, giving it room to reward investors while funding capex and growth initiatives.

Quarterly Performance And Earnings Momentum

In Q4 FY26, consolidated revenue from operations stood at 85,328.93 lakh rupees, with total income at 87,121.81 lakh rupees. Profit before tax reached 12,725.73 lakh rupees, translating into net profit of 9,778.37 lakh rupees and earnings per share of 21.55 rupees, reflecting disciplined cost management across materials, processing and labour.

Full-Year FY26 And Financial Position

For FY26, Siyaram’s posted consolidated revenue from operations of 2,57,249.53 lakh rupees, up from 2,22,161.91 lakh rupees in FY25, while total income rose to 2,65,582.89 lakh rupees. Full‑year consolidated profit after tax came in at 23,089.99 lakh rupees with total comprehensive income of 23,144.00 lakh rupees, and other equity increased to 1,45,103.23 lakh rupees on equity capital of 907.40 lakh rupees. Consolidated net worth thus stood at 1,46,010.63 lakh rupees, backed by total assets of 2,19,149.12 lakh rupees and a mix of property, plant and equipment, right‑of‑use assets and working capital.

Dividends, Other Income And Strategic Moves

The board declared a special interim dividend of 4 rupees per equity share of face value 2 rupees (200 percent) and recommended a final dividend of 5 rupees per share (250 percent), taking the proposed FY26 payout to 9 rupees per share, subject to shareholder approval on the final component. Other income for the year was bolstered by a significant gain from the sale of industrial land and buildings and by recurring amortisation of government capital subsidies linked to plant investments. The company also reaffirmed that the impact of India’s new Labour Codes on its employee benefit obligations was immaterial for FY26, while continuing to invest in modernising its textile operations and optimising its product mix across fabrics, garments and home textiles.

Key Highlights

Q4 FY26 consolidated revenue from operations: 8.53 billion rupees
Q4 FY26 consolidated net profit: 977.8 million rupees
FY26 consolidated PAT: 23,089.99 lakh rupees; EPS 50.89 rupees
FY26 revenue from operations: 2,57,249.53 lakh rupees; total income 2,65,582.89 lakh rupees
Special interim dividend: 4 rupees per share; recommended final dividend: 5 rupees per share (face value 2 rupees)
Consolidated net worth as of 31 March 2026: 1,46,010.63 lakh rupees; total assets: 2,19,149.12 lakh rupees
Other income supported by gain on sale of industrial land and buildings and capital‑subsidy amortisation
Continued focus on textile core business with operating efficiencies and prudent balance‑sheet management