Why did Sai Silks' profit fall 15% in Q1?

The company did not provide a breakdown in the filing. The decline was anticipated in the earlier business update and may reflect higher costs or lower margins.

What is the record date for the dividend?

The record date for the final dividend of ₹1.50 per share is August 3. The dividend is subject to shareholder approval at the AGM.

Who are the auditors now?

Sagar & Associates have been reappointed as statutory auditors for a second five-year term. The reappointment is standard.

Is the AGM being held virtually?

Yes, the 18th annual general meeting will be conducted through video conference on August 10.

Were these results a surprise?

No. The Q1 numbers were already flagged in the business update, and the profit decline was expected. The filing carries no material new information.

Earnings · Retailing · Small cap

Sai Silks reports 1% revenue slip, 15% profit drop in Q1

Quarterly numbers were in line with the earlier business update. Board declared final dividend of Rs 1.50 per share.

— 1 earlier story on Sai Silks (Kalamandir) Ltd. →

KALAMANDIR By Tipsheet Editorial 15 Jul 2026 · 3:02 PM IST Verify on BSE · NSE

Mkt cap₹1,687 cr

P/E11.97×

ROE7.54%

Debt / eq.0.15

Div yld1.37%

₹25.64 cr Net profit, down 15% year-on-year

What's new

Revenue fell 1% to ₹375.08 crore; net profit dropped 15% to ₹25.64 crore.
Board declared final dividend of ₹1.50 per share, record date August 3.
Sagar & Associates reappointed as statutory auditors for second five-year term.

Why this matters

The results are exactly in line with the prior business update, so there is no surprise. The modest declines were expected. The dividend is routine. This is a non-event for the stock.

What we're watching

Whether store expansion plans or margin recovery take shape in coming quarters.
Any commentary on demand trends from the upcoming AGM.
Revenue growth trajectory after the flat Q1.

The full read

Sai Silks reported Q1 revenue of ₹375.08 crore, down 1% year-on-year, and net profit of ₹25.64 crore, down 15%. Both figures were exactly in line with the earlier business update. The board declared a final dividend of ₹1.50 per share (record date August 3) and reappointed Sagar & Associates as auditors for another five years. The AGM is scheduled for August 10 via video conference. Nothing here moves the needle. The stock trades at a trailing P/E of 12x with ₹1,687 crore market cap. The next test is whether store expansion can lift revenue growth from here.

Questions answered

Why did Sai Silks' profit fall 15% in Q1?: The company did not provide a breakdown in the filing. The decline was anticipated in the earlier business update and may reflect higher costs or lower margins.
What is the record date for the dividend?: The record date for the final dividend of ₹1.50 per share is August 3. The dividend is subject to shareholder approval at the AGM.
Who are the auditors now?: Sagar & Associates have been reappointed as statutory auditors for a second five-year term. The reappointment is standard.
Is the AGM being held virtually?: Yes, the 18th annual general meeting will be conducted through video conference on August 10.
Were these results a surprise?: No. The Q1 numbers were already flagged in the business update, and the profit decline was expected. The filing carries no material new information.

Mentioned: Sagar & Associates · ₹1.50 dividend

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Sai Silks (Kalamandir) Ltd.

Retail

₹1,484 cr

P/E 10.87×

Latest quarter · Jun 2026

Sales₹375 cr

Net profit₹26 cr

Op. margin+13.8%

EPS₹1.74

Strength & growth

Debt / equity0.89×

Current ratio1.28×

Story so far

All notes on KALAMANDIR →

15 Jul 2026 · 3:02 PM IST Sai Silks reports 1% revenue slip, 15% profit drop in Q1
today Sai Silks holds FY27 guidance despite 7.5% same-store slump