SIYSIL / guidance tracker

Keep management guidance in view.

Siyaram Silk Mills · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

FY26 Revenue Growth: 12-15%

Upgraded from earlier guidance of 10-12%. Company expressed confidence in achieving this range by year-end, supported by both traditional fabric business and growing retail operations.

revenue

FY26 EBITDA Margin: ~14%

Approximately 14% EBITDA margin expected at company level before accounting for retail losses, with retail drag of ~150 basis points reducing reported margins.

margins

FY26 Store Openings: ~35 Stores

Approximately 35 stores (combined Zcode + DEO) planned for the full year, with 22 already opened through 9 months. Management confident of meeting target despite slower Q3 additions.

expansion

Marketing Spend: 4-5% of Revenue

Marketing and brand building expenditure maintained at 4-5% of revenue, encompassing both traditional and new retail brands. Includes regional and digital campaigns for Zcode and DEO.

growth