Siyaram Silk Mills Limited manufactures and sells fabrics, readymade garments, and dyed yarns in India. More Details
High growth potential with excellent balance sheet.
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: SIYSIL is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: SIYSIL's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SIYSIL exceeded the Indian Luxury industry which returned 79.7% over the past year.
Return vs Market: SIYSIL exceeded the Indian Market which returned 59.4% over the past year.
Long-Term 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
2 weeks ago | Simply Wall StDid Siyaram Silk Mills Limited (NSE:SIYSIL) Insiders Buy Up More Shares?
1 month ago | Simply Wall StUpdate: Siyaram Silk Mills (NSE:SIYSIL) Stock Gained 89% In The Last Year
2 months ago | Simply Wall StCould The Siyaram Silk Mills Limited (NSE:SIYSIL) Ownership Structure Tell Us Something Useful?
Is Siyaram Silk Mills undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SIYSIL (₹323.2) is trading above our estimate of fair value (₹123.28)
Significantly Below Fair Value: SIYSIL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SIYSIL is poor value based on its PE Ratio (426.1x) compared to the Indian Luxury industry average (19x).
PE vs Market: SIYSIL is poor value based on its PE Ratio (426.1x) compared to the Indian market (21.8x).
Price to Earnings Growth Ratio
PEG Ratio: SIYSIL is poor value based on its PEG Ratio (5.7x)
Price to Book Ratio
PB vs Industry: SIYSIL is overvalued based on its PB Ratio (2x) compared to the IN Luxury industry average (0.9x).
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: SIYSIL's forecast earnings growth (74.9% per year) is above the savings rate (6.8%).
Earnings vs Market: SIYSIL's earnings (74.9% per year) are forecast to grow faster than the Indian market (21.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SIYSIL's revenue (24% per year) is forecast to grow faster than the Indian market (12.6% per year).
High Growth Revenue: SIYSIL's revenue (24% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SIYSIL's Return on Equity is forecast to be low in 3 years time (16.1%).
How has Siyaram Silk Mills performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SIYSIL has high quality earnings.
Growing Profit Margin: SIYSIL's current net profit margins (0.3%) are lower than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: SIYSIL's earnings have declined by 23.6% per year over the past 5 years.
Accelerating Growth: SIYSIL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SIYSIL had negative earnings growth (-94.8%) over the past year, making it difficult to compare to the Luxury industry average (-4.5%).
Return on Equity
High ROE: SIYSIL's Return on Equity (0.5%) is considered low.
How is Siyaram Silk Mills's financial position?
Financial Position Analysis
Short Term Liabilities: SIYSIL's short term assets (₹6.7B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: SIYSIL's short term assets (₹6.7B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: SIYSIL's debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: SIYSIL's debt to equity ratio has reduced from 80.3% to 15.2% over the past 5 years.
Debt Coverage: SIYSIL's debt is well covered by operating cash flow (283.7%).
Interest Coverage: Insufficient data to determine if SIYSIL's interest payments on its debt are well covered by EBIT.
What is Siyaram Silk Mills's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SIYSIL's dividend (1.42%) is higher than the bottom 25% of dividend payers in the Indian market (0.37%).
High Dividend: SIYSIL's dividend (1.42%) is low compared to the top 25% of dividend payers in the Indian market (1.54%).
Stability and Growth of Payments
Stable Dividend: SIYSIL's dividend payments have been volatile in the past 10 years.
Growing Dividend: SIYSIL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (605.3%), SIYSIL's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SIYSIL's dividends in 3 years are forecast to be well covered by earnings (35.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Rameshkumar Poddar (68 yo)
Mr. Rameshkumar Dharaprasad Poddar has been the Executive Chairman of Siyaram Silk Mills Ltd. since May 2012 and serves as its Managing Director. Mr. Poddar is an Industrialist with vast experience in Text...
CEO Compensation Analysis
Compensation vs Market: Rameshkumar's total compensation ($USD317.74K) is above average for companies of similar size in the Indian market ($USD229.61K).
Compensation vs Earnings: Rameshkumar's compensation has been consistent with company performance over the past year.
Experienced Board: SIYSIL's board of directors are considered experienced (5.5 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.
Recent Insider Transactions
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: SIYSIL
- Exchange: NSEI
- Founded: 1978
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹15.177b
- Shares outstanding: 46.87m
- Website: https://www.siyaram.com
Number of Employees
- Siyaram Silk Mills Limited
- B-5, Trade World
- 5th Floor
Siyaram Silk Mills Limited manufactures and sells fabrics, readymade garments, and dyed yarns in India. The company offers fabrics, including polyester viscose, polyester viscose linen and lycra, polyester...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/24 12:15|
|End of Day Share Price||2021/06/24 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.