Siyaram Silk Mills Limited manufactures and sells fabrics and readymade garments in India.
Excellent balance sheet, good value and pays a dividend.
Share Price & News
How has Siyaram Silk Mills's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 503811 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 503811 underperformed the Indian Luxury industry which returned 12.8% over the past year.
Return vs Market: 503811 underperformed the Indian Market which returned 5.2% over the past year.
Price Volatility Vs. Market
How volatile is Siyaram Silk Mills's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Siyaram Silk Mills undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 503811 (₹222.8) is trading below our estimate of fair value (₹325.23)
Significantly Below Fair Value: 503811 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 503811 is poor value based on its PE Ratio (11.2x) compared to the Luxury industry average (10.6x).
PE vs Market: 503811 is good value based on its PE Ratio (11.2x) compared to the Indian market (13x).
Price to Earnings Growth Ratio
PEG Ratio: 503811 is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: 503811 is overvalued based on its PB Ratio (1.3x) compared to the IN Luxury industry average (0.5x).
How is Siyaram Silk Mills forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 503811's forecast earnings growth (14.5% per year) is above the savings rate (6.5%).
Earnings vs Market: 503811's earnings (14.5% per year) are forecast to grow slower than the Indian market (20.4% per year).
High Growth Earnings: 503811's earnings are forecast to grow, but not significantly.
Revenue vs Market: 503811's revenue (6.3% per year) is forecast to grow slower than the Indian market (9% per year).
High Growth Revenue: 503811's revenue (6.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 503811's Return on Equity is forecast to be low in 3 years time (12.8%).
How has Siyaram Silk Mills performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 503811 has high quality earnings.
Growing Profit Margin: 503811's current net profit margins (5.1%) are lower than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: 503811's earnings have grown by 6.8% per year over the past 5 years.
Accelerating Growth: 503811's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 503811 had negative earnings growth (-6.8%) over the past year, making it difficult to compare to the Luxury industry average (6.4%).
Return on Equity
High ROE: 503811's Return on Equity (11.9%) is considered low.
Return on Assets
Return on Capital Employed
How is Siyaram Silk Mills's financial position?
Financial Position Analysis
Short Term Liabilities: 503811's short term assets (₹9.9B) exceed its short term liabilities (₹5.9B).
Long Term Liabilities: 503811's short term assets (₹9.9B) exceed its long term liabilities (₹2.4B).
Debt to Equity History and Analysis
Debt Level: 503811's debt to equity ratio (60.6%) is considered high.
Reducing Debt: 503811's debt to equity ratio has reduced from 74.3% to 60.6% over the past 5 years.
Debt Coverage: 503811's debt is well covered by operating cash flow (40.5%).
Interest Coverage: 503811's interest payments on its debt are well covered by EBIT (6.2x coverage).
Inventory Level: 503811 has a high level of physical assets or inventory.
Debt Coverage by Assets: 503811's debt is covered by short term assets (assets are 2.1x debt).
What is Siyaram Silk Mills's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 503811's dividend (1.97%) is higher than the bottom 25% of dividend payers in the Indian market (0.61%).
High Dividend: 503811's dividend (1.97%) is low compared to the top 25% of dividend payers in the Indian market (2.67%).
Stability and Growth of Payments
Stable Dividend: 503811's dividend payments have been volatile in the past 10 years.
Growing Dividend: 503811's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.2%), 503811's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 503811's dividends in 3 years are forecast to be well covered by earnings (18.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Rameshkumar Poddar (67yo)
Mr. Rameshkumar Dharaprasad Poddar has been the Chairman of Siyaram Silk Mills Ltd. since May 2012 and serves as its Managing Director. Mr. Poddar is an Industrialist with vast experience in Textile and Ru ...
CEO Compensation Analysis
Compensation vs Market: Rameshkumar's total compensation ($USD693.43K) is above average for companies of similar size in the Indian market ($USD50.10K).
Compensation vs Earnings: Rameshkumar's compensation has been consistent with company performance over the past year.
|Chairman & MD||0yrs||₹49.64m||8.94% ₹939.0m|
|Joint MD & Director||31.1yrs||₹41.53m||1.67% ₹175.2m|
|Senior President cum Director||13.2yrs||₹6.71m||0.0013% ₹131.3k|
|President & Executive Director||7.5yrs||₹30.97m||4.36% ₹457.7m|
|Executive Director||30.3yrs||₹38.80m||3.66% ₹384.9m|
|Non-Executive & Independent Director||8.8yrs||₹1.03m||0.00027% ₹28.4k|
|Non-Executive & Independent Director||14.3yrs||₹275.00k||no data|
|Non-Executive & Independent Director||11.1yrs||₹225.00k||no data|
|Non-Executive & Independent Director||11.1yrs||₹525.00k||no data|
|Non-Executive & Independent Director||15.7yrs||₹475.00k||no data|
Experienced Board: 503811's board of directors are seasoned and experienced ( 12.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Siyaram Silk Mills Limited's company bio, employee growth, exchange listings and data sources
- Name: Siyaram Silk Mills Limited
- Ticker: 503811
- Exchange: BSE
- Founded: 1978
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹10.504b
- Shares outstanding: 46.87m
- Website: https://www.siyaram.com
Number of Employees
- Siyaram Silk Mills Limited
- B-5, Trade World
- 5th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SIYSIL||NSEI (National Stock Exchange of India)||INR2||IN||INR||No data|
|503811||BSE (Mumbai Stock Exchange)||INR2||IN||INR||No data|
|503811||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Oct 2001|
|SIYSIL||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Oct 2001|
Siyaram Silk Mills Limited manufactures and sells fabrics and readymade garments in India. The company offers fabrics, including polyester viscose, polyester viscose linen and lycra, polyester rayon and cotton, polyester wool, polyester wool lycra, wool lycra and linen, wool, cotton, linen, and cotton linen fabrics; and CVC and PC yarn-dyed shirtings. It also provides formal and casual ready to wear garments; home furnishing fabrics, such as curtains and upholstery fabrics; womenswear comprises salwar kameez and dupatta materials; dyed yarns; and basic, corporate, and school uniforms. In addition, the company operates and franchises a chain of retail stores, which offer men’s fashion fabrics, apparels, and accessories under the Siyaram’s Shop name; and exports its products to the United States, the United Kingdom, France, South East Asia, Australia, and Latin America. The company sells its products under the Siyaram’s Suitings and Shirtings, Mistair, Moretti, Royale Linen, Miniature, Little Champ, Unicode, J. Hampstead, Oxemberg, Siya, Cadini, and Casa Moda brand names. Siyaram Silk Mills Limited was founded in 1978 and is based in Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 12:36|
|End of Day Share Price||2020/02/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.