Siyaram Silk Mills LimitedQ2 FY27 Results & Financial Update
Siyaram Silk Mills Limited: Q2 FY27 consolidated results and company financials – revenue ₹813.58 Cr, PAT ₹74.50 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Chart · Market context
Siyaram Silk Mills price & chart
Quarter overview
Quarterly earnings analysis
Siyaram Silk Mills Limited reported consolidated revenue from operations of INR 813.58 crore for the quarter ended September 30, 2026, marking a robust expansion compared to the preceding quarter.
Total income for Q2 FY27 stood at INR 828.14 crore, supported by revenue from operations alongside other operating and non-operating income streams.
Profit before tax (PBT) reached INR 98.72 crore for the quarter, demonstrating strong sequential earnings recovery from the previous period.
Profit after tax (PAT) for the reporting period registered at INR 74.50 crore, resulting in basic and diluted earnings per share (EPS) of INR 16.42.
Total expenses and cost structures during the quarter were managed alongside a tax provision of INR 24.22 crore and finance costs of INR 11.98 crore.
Depreciation and amortisation charges for the quarter were accounted at INR 19.96 crore, reflecting ongoing asset maintenance and capital deployment.
Siyaram Silk Mills Limited reported consolidated revenue from operations of INR 813.58 crore for the quarter ended September 30, 2026, marking a substantial sequential expansion compared to the preceding quarter's revenue of INR 445.66 crore.
Total income for Q2 FY27 stood at INR 828.14 crore, supported by total other income of INR 14.56 crore, which included interest income of INR 14.72 crore.
01 · Business model
What does Siyaram Silk Mills do?
Siyaram Silk Mills Limited operates as an integrated textile and apparel manufacturer in India, specializing in blended fabrics, ready-made garments, and high-fashion textiles.
The company's primary revenue engines span branded fabric production, garment tailoring, and a comprehensive retail distribution network serving domestic and institutional customers.
Its commercial footprint encompasses diverse product lines including suitings, shirtings, and apparel brands that cater to various segments of the Indian consumer market.
02 · Financial snapshot
Current quarter vs the available comparable
| Metric | Q2 FY27 | Previous quarter |
|---|---|---|
| Revenue from operations | ₹813.58 Cr | ₹445.66 Cr |
| Total income | ₹828.14 Cr | ₹467.35 Cr |
| Profit before tax | ₹98.72 Cr | ₹14.40 Cr |
| Profit after tax | ₹74.50 Cr | ₹11.01 Cr |
| EPS | ₹16.42 | ₹2.43 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 9.2% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 12.1% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹14.56 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
03 · Why it moved
Why the quarter looked the way it did
What drove revenue
Revenue from operations surged to INR 813.58 crore in Q2 FY27 from INR 445.66 crore in Q1 FY27, reflecting strong sequential demand revival.
Total income reached INR 828.14 crore, augmented by other income components including interest income of INR 14.72 crore.
Revenue grew significantly to INR 813.58 crore in Q2 FY27 from INR 445.66 crore in Q1 FY27, driven by trade preparation and seasonal demand ahead of the festive and wedding quarters.
Total income reached INR 828.14 crore, bolstered by INR 14.56 crore in other income, which featured INR 14.72 crore of interest income.
What drove margins
Finance costs stood at INR 11.98 crore for the quarter, reflecting the cost of borrowings supporting operational and capital requirements.
Depreciation and amortisation expenses were recorded at INR 19.96 crore for Q2 FY27.
The substantial quarter-on-quarter revenue expansion allowed fixed manufacturing and operating costs to be spread over a larger top-line base, lifting the PAT margin to 9.16%.
Finance costs stood at INR 11.98 crore and depreciation and amortisation expenses were recorded at INR 19.96 crore for the quarter.
04 · Reported developments
What changed operationally
Net profit expanded significantly to INR 74.50 crore, accompanied by an increase in earnings per share to INR 16.42.
Consolidated PAT increased to INR 74.50 crore in Q2 FY27 from INR 11.01 crore in Q1 FY27, accompanied by an EPS increase to INR 16.42.
05 · Items worth noticing
The line items that can distort a quick read
The company reported provisions of INR 6.15 crore during the quarter.
The company recorded a tax expense of INR 24.22 crore for the quarter on a PBT of INR 98.72 crore.
Total provisions for the quarter were reported at INR 6.15 crore.
06 · Beyond the numbers
What changed beyond the numbers
Statutory Filing Disclosure
The financial results were reviewed by the audit committee and approved by the board of directors in accordance with regulatory filing norms.
07 · Previous-quarter changes
What changed since the previous quarter
Revenue increased from INR 445.66 crore in Q1 FY27 to INR 813.58 crore in Q2 FY27.
Revenue from operations increased by 82.56% quarter-on-quarter from INR 445.66 crore in Q1 FY27 to INR 813.58 crore in Q2 FY27.
08 · Key Q&A
The quarter, answered directly
What does Siyaram Silk Mills do?
Siyaram Silk Mills Limited operates as an integrated textile and apparel manufacturer in India, specializing in blended fabrics, ready-made garments, and high-fashion textiles.
What is the clearest takeaway from Q2 FY27?
Siyaram Silk Mills Limited reported consolidated revenue from operations of INR 813.58 crore for the quarter ended September 30, 2026, marking a robust expansion compared to the preceding quarter.
What drove revenue or demand?
Revenue from operations surged to INR 813.58 crore in Q2 FY27 from INR 445.66 crore in Q1 FY27, reflecting strong sequential demand revival.
What mattered most for margins or profitability?
Finance costs stood at INR 11.98 crore for the quarter, reflecting the cost of borrowings supporting operational and capital requirements.
What changed operationally beyond the headline numbers?
The financial results were reviewed by the audit committee and approved by the board of directors in accordance with regulatory filing norms.
What should the next disclosure help confirm?
Monitor subsequent financial disclosures for sustained revenue momentum and margin stability.
09 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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10 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Subsequent Quarter Performance: Monitor subsequent financial disclosures for sustained revenue momentum and margin stability.
- 02
Sustained Margin Performance: Monitor whether the operating and PAT margins achieved in Q2 FY27 can be sustained in subsequent quarters post-festive season.
- 03
Working Capital and Cash Flows: Track inventory levels and receivable cycles associated with the seasonal build-up and subsequent liquidation of festive trade inventories.
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