Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Sai Silks (Kalamandir) Limited

NSE: KALAMANDIRSpeciality Retail

Share price

₹74.30

-3.52% close of 8 Oct 2026

Market cap ₹1,077 CrP/E 7.9

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 6 Oct 2026, the close above is 8 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

68

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹1,077 Cr

P/E ratio

7.9

P/B ratio

0.9

ROCE

14.4%

ROE

11.8%

Dividend yield

1.9%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹200.3552-week low ₹74.30

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 4.8% over the past year, and 8.7% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 15.2% to 15.4% over the last three years.

Whether it grew faster than its sector

It grew 8.7% a year against a sector median of 13.9% — 5.2 percentage points slower.

Room to re-rate, or risk of de-rating

At 7.9× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 41.2×, across 5 companies. It is against its own five-year median of 23.5×, the 0th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.6 times its growth rate, on earnings growth of 13%.

Profit growthPrice per ₹1 profitPer 1% growth
Sai Silks (Kalamandir) Limited — this one13%/yr7.9×₹0.60
Lenskart Solutions Limited110%/yr172.4×—
Vedant Fashions Limited-5%/yr30.5×—
Aditya Birla Lifestyle Brands Limited—41.2×—
Aditya Vision Limited23%/yr56.5×₹2.5
V2 Retail Limited135%/yr35.1×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Speciality Retail), it ranks 10 of 18 on returns, 12 of 17 on growth, 7 of 18 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 14.4% on capital, ahead of 44% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹496 crore of cash from the business, spent ₹232 crore on plant and equipment, and returned ₹11 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 9 years, about 114 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back more slowly than it used to: it went from being waiting 34 days for its cash to waiting 139 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result

What the last results showed. Whether management kept its word is in Pro.

Results are expected soon.

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹1,077 Cr
Prev close
₹74.30
52w High
₹223
52w Low
₹73.1
Enterprise value
₹1,090 Cr
Beta
1.1
Price CAGR 1y
-57.0%
Price CAGR 3y
-32.0%
Price CAGR 5y
—
Price CAGR 10y
—

Ratios

Return on assets
7.6%
PEG ratio
0.6
P/E ratio
7.9
P/B ratio
0.9
EV / EBITDA
4.3
Industry P/E
41.1
ROCE
14.4%
ROCE 5y average
17.0%
ROE
11.8%
Debt / Equity
0.3
Interest coverage
6.0
Dividend yield
1.9%
ROE 3y average
11.0%
ROE last year
12.0%

Annual P&L

Annual revenue
₹1,654 Cr
Annual profit
₹141 Cr
Operating margin
16.0%
Net profit margin
8.5%
EBITDA margin
16.2%
Sales growth 3y
7.0%
Sales growth 5y
19.6%
Profit growth 3y
13.0%
Profit growth 5y
94.0%
EPS
₹9.2
Sales growth TTM
5.0%
Profit growth TTM
20.0%
Dividend payout
16.0%

Quarter P&L

Sales latest quarter
₹375 Cr
Profit latest quarter
₹26 Cr
YoY quarterly sales growth
-1.0%
YoY quarterly profit growth
-13.3%
OPM latest quarter
13.8%

Balance Sheet

Book Value
₹86.9
Face Value
₹2.0
Total debt
₹361 Cr
Total cash
₹348 Cr
Borrowings
₹361 Cr
Reserves / Equity
42.4

Cash Flow

Operating cash flow
₹323 Cr
Free cash flow
₹272 Cr
FCF yield
21.7%
Net cash flow
-₹66 Cr

Shareholding

Promoter holding
61.0%
FII holding
0.6%
DII holding
6.3%
Public holding
28.2%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Trent2,906.0084.91,55,2580.14518.120.85,754.717.828.3
Lenskart Solut.684.85181.21,19,2970.00228.4240.32,714.243.38.1
Vedant Fashions505.4031.812,2661.5380.614.7301.47.222.8
A B Lifestyle73.1641.88,9260.6829.020.62,045.711.215.0
Aditya Vision595.1054.97,6890.2177.240.01,192.726.917.1
V2 Retail172.1938.56,3060.0041.951.0997.258.419.5
Aditya Bir. Fas.45.685,5720.00-248.7-1.52,025.610.6-3.8
Sai Silks77.368.71,1861.9425.6-14.7375.1-1.014.4
Median172.1938.52,8620.007.813.7470.916.615.0

Competes with: Aditya Birla Fashion and Retail Limited, Aditya Birla Lifestyle Brands Limited, Aditya Vision Limited, Lenskart Solutions Limited, Trent Limited, V2 Retail Limited, Vedant Fashions Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales305327382360267347449399379444411419375
Expenses260272324305248292370340322372341358323
Material Cost000000
Change in Inventories59-50-893669-63
Purchases of Stock-in-Trade173270347202174280
Employee Cost565354586153
Other Expenses524961455453
Operating Profit45555854195579585772706152
OPM %151715157.081618151516171514
Other Income32108766565456
Exceptional items (within Other Income)000000
Interest141414111010101087788
Depreciation11121212131313141415161415
Profit before tax2232423933962394054514434
Tax %25262426263925662526252525
Net Profit1723322922446143040383326
EPS in Rs1.331.522.091.870.141.5530.881.962.612.492.131.67
Diluted EPS in Rs0.922.042.722.592.221.74

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales6921,0441,1766771,1291,3511,3741,4621,6541,650
Expenses6389611,0726159911,1321,1541,2441,3861,394
Material Cost00
Change in Inventories-54-34
Purchases of Stock-in-Trade906992
Employee Cost198226
Other Expenses201209
Operating Profit538310462138219219218268255
OPM %8899121616151615
Other Income01324723241919
Exceptional items (within Other Income)00
Interest18202727345260473831
Depreciation9142629314148535960
Profit before tax274953777134135143190184
Tax %433821302527254026
Net Profit1530425589810185141137
EPS in Rs6.5413182.13247.726.585.579.198.90
Diluted EPS in Rs5.809.56
Dividend Payout %000000151716

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
20%
3 years
7%
TTM
5%

Compounded profit growth

10 years
—
5 years
94%
3 years
13%
TTM
20%

Stock price CAGR

10 years
—
5 years
—
3 years
-32%
1 year
-57%

Return on equity

10 years
—
5 years
13%
3 years
11%
Last year
12%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital232323242424292929
Reserves1351662082192773731,0331,1021,231
Borrowings112172233279347526464405361
Other Liabilities121205229143195297114104227
Total Liabilities3925666936658421,2201,6421,6411,849
Fixed Assets113152251225249379414465583
CWIP000200201
Investments000000000
Other Assets2794144424385938411,2251,1751,265
Total Assets3925666936658421,2201,6421,6411,849

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity593085-154641-21107323
Cash from Investing Activity-49-47-47-18-42-60-332118-153
Cash from Financing Activity-1037-4519115393-184-236
Net Cash Flow019-7-144-44041-66
Free Cash Flow19-2438-2120-19-6354272

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days221111111
Inventory Days163170160300236306324334311
Days Payable5871738864102271162
Cash Conversion Cycle10710187213172205298323249
Working Capital Days171712463449114145139
ROCE %222071924161214

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters616161616161616161616161
FIIs7.114.593.322.863.293.263.173.443.851.470.560.62
DIIs1920201916151612118.218.556.28
Public9.321112131617161920252628
Others3.923.923.923.923.923.923.923.923.923.923.923.92
No. of Shareholders59,65644,96949,08950,87655,29659,49959,00259,80056,47068,44763,06463,844

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -60.0% (₹185.82 → ₹74.30)Brick size ₹2.67 (fixed)Bricks 99
₹100₹150₹200₹74.30Nov '25Jan '26Mar '26May '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹74.30 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

12.59inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

26,19,161inr

2026-03-31

same-store sales growth %

-7.50pct

2026-06-30

stores / outlets at period end

83.00count

2026-06-30

News

News and filings about Sai Silks (Kalamandir) Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Services
Industry
Speciality Retail
Classification
Consumer Services › Speciality Retail
ISIN
INE438K01021

News impact

Big market events that reach Sai Silks (Kalamandir) Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

3 Aug 2026unspecified₹1.5
22 Aug 2025unspecified₹1
20 Sep 2024unspecified₹1

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 2, delete 1, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.