Siyaram Silk Mills Limited manufactures and sells fabrics, readymade garments, and dyed yarns in India. More Details
High growth potential with adequate balance sheet 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: SIYSIL is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: SIYSIL's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SIYSIL exceeded the Indian Luxury industry which returned 75.9% over the past year.
Return vs Market: SIYSIL exceeded the Indian Market which returned 67.7% 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
3 weeks ago | Simply Wall StCould The Siyaram Silk Mills Limited (NSE:SIYSIL) Ownership Structure Tell Us Something Useful?
1 month ago | Simply Wall StIs Siyaram Silk Mills (NSE:SIYSIL) Using Too Much Debt?
2 months ago | Simply Wall StNeed To Know: Siyaram Silk Mills Limited (NSE:SIYSIL) Insiders Have Been Buying Shares
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: SIYSIL (₹212.65) is trading below our estimate of fair value (₹325.1)
Significantly Below Fair Value: SIYSIL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SIYSIL is unprofitable, so we can't compare its PE Ratio to the Indian Luxury industry average.
PE vs Market: SIYSIL is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SIYSIL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SIYSIL is overvalued based on its PB Ratio (1.4x) compared to the IN Luxury industry average (0.8x).
How is Siyaram Silk Mills forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SIYSIL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (6.8%).
Earnings vs Market: SIYSIL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SIYSIL's is expected to become profitable in the next 3 years.
Revenue vs Market: SIYSIL's revenue (28.2% per year) is forecast to grow faster than the Indian market (10.4% per year).
High Growth Revenue: SIYSIL's revenue (28.2% 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 (12.7%).
How has Siyaram Silk Mills performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SIYSIL is currently unprofitable.
Growing Profit Margin: SIYSIL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SIYSIL is unprofitable, and losses have increased over the past 5 years at a rate of 18.8% per year.
Accelerating Growth: Unable to compare SIYSIL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SIYSIL is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-19.1%).
Return on Equity
High ROE: SIYSIL has a negative Return on Equity (-4.63%), as it is currently unprofitable.
How is Siyaram Silk Mills's financial position?
Financial Position Analysis
Short Term Liabilities: SIYSIL's short term assets (₹6.6B) exceed its short term liabilities (₹3.8B).
Long Term Liabilities: SIYSIL's short term assets (₹6.6B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: SIYSIL's debt to equity ratio (51.6%) is considered high.
Reducing Debt: SIYSIL's debt to equity ratio has reduced from 68.3% to 51.6% over the past 5 years.
Debt Coverage: SIYSIL's debt is well covered by operating cash flow (61.2%).
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 (2.3%) is higher than the bottom 25% of dividend payers in the Indian market (0.4%).
High Dividend: SIYSIL's dividend (2.3%) is in the top 25% of dividend payers in the Indian market (1.7%)
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: Unable to calculate sustainability of dividends as SIYSIL has not reported any payouts.
Future Payout to Shareholders
Future Dividend Coverage: SIYSIL's dividends in 3 years are forecast to be well covered by earnings (16.2% 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 ($USD320.97K) is above average for companies of similar size in the Indian market ($USD40.95K).
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: ₹9.784b
- 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||2021/05/11 12:19|
|End of Day Share Price||2021/05/11 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.