Sai Silks' Revenue in June Quarter up by 42%
By Shishta Dutta | Updated at: Oct 16, 2025 04:03 PM IST
Mumbai, 2 July 2025: Sai Silks (Kalamandir) Ltd (NSE: KALAMANDIR | BSE: 543989) has posted 42% year-on-year revenue increase for Q1 FY26, reaching ₹379.02 crore, up from ₹267.29 crore in the same quarter last year. This surge comes amid rising consumer demand and strategic retail expansion across South India, reinforcing the company’s stronghold in the premium ethnic wear segment.
Strategic Retail Growth Drives Revenue to ₹379 Cr in Q1 FY26
The company’s revenue from operations rose to ₹379.02 crore in the quarter ended June 2025 from ₹267.29 crore in Q1 FY25—a 42% year-on-year growth. Sai Silks attributes this growth to high consumer footfall and the continuous expansion of its store network.
| Particulars | Q1 FY26 | Q1 FY25 | YoY Growth |
|---|---|---|---|
| Revenue from Operations | ₹379.02 Cr | ₹267.29 Cr | 42% |
Karnataka Expansion Boosts Brand Footprint with New Flagship Store
On 13 June 2025, Sai Silks launched its 69th Kanchipuram Varamahalakshmi Silks store in Davanagere, Karnataka. Spanning 10,300 sq ft, the store enhances the brand’s regional footprint and reflects the company’s strategic focus on premium offerings in key southern markets.
Tier-2 and Tier-3 Cities to See New Stores as Expansion Plan Advances
Four more stores are under development, aimed at strengthening the company’s presence in fast-growing smaller cities. The upcoming outlets are located in:
- Tirupati, Andhra Pradesh
- Vellore, Tamil Nadu
- Mysore, Karnataka
- Nizampet, Hyderabad, Telangana
This expansion is part of Sai Silks’ broader plan to capture demand in emerging retail hubs beyond metro areas.
Stock Rises to ₹160 as Investors Respond to Growth Momentum
Sai Silks’ stock showed strong market performance following the Q1 update. As of 13:46 IST on 2 July 2025, the share was trading at ₹160.13—up ₹7.34 or 4.80% from the previous close. The stock touched an intraday high of ₹160.35 and a low of ₹149.68.
| Metric | Value |
|---|---|
| Current Price | ₹160.13 |
| Previous Close | ₹152.79 |
| Intraday High / Low | ₹160.35 / ₹149.68 |
| 52-Week High (Jul 2, 2024) | ₹203.50 |
| 52-Week Low (May 9, 2025) | ₹113.00 |
| VWAP | ₹154.60 |
| Market Cap | ₹2,456.31 Cr |
| Traded Volume | 15.23 lakh |
| Traded Value | ₹23.54 Cr |
Leadership Stays Focused on Premium Saree Formats amid Strong Regional Demand
While an official statement from the company’s leadership has not yet been released, the continued investment in both Kalamandir and Kanchipuram Varamahalakshmi Silks formats reflects a confident outlook for premium sarees and regional demand patterns.
Sai Silks Strengthens Position in Ethnic Retail with Diversified Brand Strategy
Founded in Hyderabad, Sai Silks (Kalamandir) Ltd is a leading ethnic wear retailer known for its focus on premium silk sarees. Operating brands such as Kalamandir, Mandir, and KLM Fashion Mall, the company serves a predominantly southern Indian market and maintains a growing omni-channel presence. Listed on the NSE and BSE since 27 September 2023, Sai Silks continues to build value through its specialised retail model.
REF: https://nsearchives.nseindia.com/corporate/SSKL_02072025134622_Q1Update02072025.pdf
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