Siyaram Silk Mills Ltd.Q2 income ₹827 Cr (+15%), FY27 growth guide raised

Siyaram Silk Mills' Q2 FY27 call, held on 28 October 2026, reported total income of ₹827 crore, up 15.1%, and first-half income of ₹1,293 crore, up 15.6%, with fabrics contributing 77% of the quarter.

EBITDA rose to ₹131 crore from ₹121 crore, but profit after tax fell to ₹75 crore from ₹87 crore as raw material inflation squeezed margins, and management has so far taken price hikes of only 4% to 6%. It raised FY27 revenue growth guidance to 14% to 15% on a festive season that shifts into Q3, and kept EBITDA guidance of about 14%, which excludes a retail drag of up to 150 basis points. The retail push has 61 stores, 38 ZECODE and 23 DEVO, against a target of 70 by year end, funded by internal accruals, and retail sales of about ₹65 crore in the first half point to roughly ₹160 crore for the year.

The board declared a first interim dividend of ₹4 a share, debt to equity is 0.58, and listing of the preference shares will take at least six months.