# Sai Silks (Kalamandir) share price today (Sai Silks (Kalamandir) Ltd, NSE: KALAMANDIR)

> Sai Silks (Kalamandir) share price today: ₹67.55 at the NSE close on 3 November 2026, down 62.9% in a year. Sai Silks (Kalamandir) (NSE: KALAMANDIR) is worth ₹1,035 crore, trades at a P/E of 7.6 and has closed between ₹64.95 and ₹173.42 over the past 52 weeks. > Sai Silks (Kalamandir) Ltd's P/E is near the low end of its own history, higher than only 1% of past readings, and its quarterly results are still getting worse. KALAMANDIR · Textiles - Readymade Apparel · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/sai-silks-kalamandirltd

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: ₹67.55 (−62.9% in a year)
- P/E: 7.6× (lower than 99% of the last 3.1 years)
- Revenue (Jun 2026): ₹375 Cr (−1.1% on a year ago)
- Profit (Jun 2026): ₹26.0 Cr (−13.3% on a year ago)
- Operating margin: 14.0% (−1.0 points on a year ago)
- ROCE: 14%, FY26
- ROIC: 11.4%, against a 12.0% cost of capital: −0.6 points

The main question: yearly earnings per share moved +65.0% while the share price moved −62.9%. ## What is the Sai Silks (Kalamandir) share price today? Sai Silks (Kalamandir) Ltd's share price was ₹67.55 at the close on 3 November 2026. It has been falling for 43 weeks. That is 32.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹65 and ₹173, and at that close it sat 2% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 20 weeks running. Over the last 3.1 years the share price moved −73% while the NIFTY 500 moved +28%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 25 June 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Sai Silks (Kalamandir) this quarter? One change stood out: lowest operating margin in 8 quarters. 1. Lowest operating margin in 8 quarters Operating margin was 14% in the June 2026 quarter, against 15% a year earlier. Why: The company sold less at existing stores because a full month of Adhik Maas, an inauspicious period, kept customers from buying. Store rents and staff costs stayed the same, so they took a bigger bite out of sales. Next results: check whether sales at older stores recover after Adhik Maas, especially in the Shravan wedding season, against management's 2-3% positive same-store sales recovery expectation. From the earnings call on 16 Jul 2026. ## What are Sai Silks (Kalamandir)'s latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Sai Silks (Kalamandir) reported revenue of ₹375 crore, down 1.1% from ₹379 crore a year earlier, and a profit of ₹26.0 crore, down 13.3% from ₹30.0 crore. ### Sai Silks (Kalamandir) results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹375 crore | ₹379 crore | −1.1% |
| Profit | ₹26.0 crore | ₹30.0 crore | −13.3% |
| Earnings per share | ₹1.67 | ₹1.96 | −14.8% |
| Operating margin | 14.0% | 15.0% | −1.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Sai Silks (Kalamandir)'s management discussed these results on a call held on 16 July 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Sai Silks (Kalamandir) share price history? Sai Silks (Kalamandir) closed at ₹67.55 on 3 November 2026, down 62.9% from ₹182.20 a year earlier (31 October 2025) and down 72.0% over three years. Its highest weekly close since September 2023 was ₹298.75 on 24 November 2023. ### Sai Silks (Kalamandir) share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹66.91 | +1.0% |
| 1 month ago · 1 Oct 2026 | ₹74.37 | −9.2% |
| 6 months ago · 30 Apr 2026 | ₹101.35 | −33.3% |
| 1 year ago · 31 Oct 2025 | ₹182.20 | −62.9% |
| 3 years ago · 3 Nov 2023 | ₹241.35 | −72.0% |
| Earliest weekly close in our records · 29 Sep 2023 | ₹253.05 | −73.3% |
| Highest weekly close since September 2023 · 24 Nov 2023 | ₹298.75 | −77.4% |
| Lowest weekly close since September 2023, also the 52-week low · 30 Oct 2026 | ₹64.95 | +4.0% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹173.42 | −61.0% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (167 weekly closes from 29 September 2023 to 3 November 2026.)

## What is the latest news on Sai Silks (Kalamandir)? 3 Nov 2026: Sai Silks (Kalamandir) closed at ₹67.55, up 1.0% on the week and down 9.2% on the month. 3 Aug 2026: ex-date for a dividend of ₹1.50 a share. ### Earlier

- 16 Jul 2026: Sai Silks (Kalamandir) held its results call for April to June 2026. Management guided: FY27 consolidated revenue growth 12-15% supported by calendar advantage of 5-10% incremental wedding dates distributed across Q2-Q4 versus prior year. - Results for April to June 2026: Revenue down 1.1% and profit down 13.3% on a year earlier. ## What dividend does Sai Silks (Kalamandir) pay? Sai Silks (Kalamandir) paid ₹1.50 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 2.22% at the ₹67.55 close on 3 November 2026. The last was a dividend of ₹1.50 a share, ex-date 3 August 2026. ### Sai Silks (Kalamandir) dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 3 Aug 2026 | ₹1.50 | Dividend |
| 22 Aug 2025 | ₹1 | Dividend |
| 20 Sep 2024 | ₹1 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 2 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Sai Silks (Kalamandir) Ltd paid out 16% of its profit as dividends in FY26, and it paid a dividend in 3 of its last 9 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Sai Silks (Kalamandir) management say on the latest results call? On the call for April to June 2026, held on 16 July 2026, Sai Silks (Kalamandir)'s management guided: FY27 consolidated revenue growth 12-15% supported by calendar advantage of 5-10% incremental wedding dates distributed across Q2-Q4 versus prior year. > “Broadly, the revenue guidance for the full year will remain between 12% and 15%, as we discussed in previous interactions”
> Management, on the call for April to June 2026

### What management guided

- Warehouse capital spending from IPO proceeds planned end-September deployment with location under final due diligence; full IPO fund allocation utilization expected by Q2 end. - Profitability path: expect 2-3% positive SSG recovery contribution toward revenue achievement plus new store productivity and mix uplift; gross margin 42% levels planned through year-end despite dyeing and supply-chain cost inflation; full-year operating margin trajectory expected better than FY26. - Store format strategy: Valli Silk format resumption planned Q4 and early Q1 following profitability reset; multi-format expansion within single geographies (Kalamandir focus in Karnataka and Tamil Nadu non-Vara Mahalakshmi formats) to optimize administrative efficiency and inventory planning. - Kerala under active exploration but no commitment timeframe. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/50062/Conference Call/CC-Jul26.pdf). (From the call for April to June 2026, 16 July 2026.)

## What to watch in Sai Silks (Kalamandir)'s next results? When Sai Silks (Kalamandir) reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Post-Adhik Maas SSG recovery trajectory and Shravan month demand inflection: management flagged July 15 onwards (Shravan month auspicious wedding season) as acceleration trigger; track Q2 footfall, same-store sales, and revenue progression against 2-3% positive SSG recovery expectation. - What to check (from the call)
- Post-Adhik Maas SSG recovery trajectory and Shravan month demand inflection: management flagged July 15 onwards (Shravan month auspicious wedding season) as acceleration trigger; track Q2 footfall, same-store sales, and revenue progression against 2-3% positive SSG recovery expectation. - Rainfall impact materialization in core agricultural regions: management acknowledged Q2-Q3 risk for Rajahmundry, Vijayawada, other rural agricultural-income-dependent clusters but refused to quantify impact magnitude; monitor regional same-store sales divergence if monsoon trends deteriorate. - KLM Fashion Mall store closure execution and Telangana regional recovery: closing one 18-store (from 19) process; track whether Telangana territory SSG stabilizes post-closure and whether manpower redeployment to expansion stores proceeds on timeline. - Gross margin defense and new category contribution: monitor whether 42% gross margin goal lasts through Q2 given category mix shift toward innerwear and jewellery; track new category penetration rates and impact on consolidated gross margin. ## Which stock lists is Sai Silks (Kalamandir) on? Sai Silks (Kalamandir) is on 3 of our India lists: 52 week high & low, Dividend stocks and Penny stocks. - [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)
- [Dividend stocks Regular dividend yield (%): 2.28](https://www.sectoralpha.in/dividend-stocks-india)
- [Penny stocks Earnings growth, 12 months (%): 20.43](https://www.sectoralpha.in/penny-stocks-india)

## Is Sai Silks (Kalamandir) profitable? Sai Silks (Kalamandir) Ltd earned ₹26.0 Cr of net profit in the Jun 2026 quarter, −13.3% on the same quarter a year earlier. Full-year FY26 profit was ₹141 Cr. Over 8 years profit has grown 32.3% a year on average. That is 6.9% of the quarter's revenue. The same quarter a year earlier earned ₹30.0 Cr. For the full year, FY26 profit was ₹141 Cr (+65.9% on the year before). Why profit moved: revenue changed −1.1% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +42.9% and revenue +5.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Sai Silks (Kalamandir) make, and is it growing? Sai Silks (Kalamandir) Ltd reported ₹375 Cr of revenue in the Jun 2026 quarter, −1.1% on the same quarter a year earlier. Over 8 years it has grown 11.5% a year on average. The last full year, FY26, came in at ₹1,654 Cr. The last four reported quarters add to ₹1,649 Cr. FY26 revenue was ₹1,654 Cr, +13.1% on the year before. Recent pace: the last four quarters grew +5.8% on average, against 11.5% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +4.8%, against +11.1% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +20.2%, against +26.2% a year (rolling over). ## How much of every ₹100 of sales does Sai Silks (Kalamandir) keep? Sai Silks (Kalamandir) Ltd's operating margin was 14.0% in the Jun 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 9 years it has been between 8.0% and 16.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −1.2 percentage points on the year while gross margin changed −0.1 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is Sai Silks (Kalamandir)'s profit turning into cash? Over the last 3 years, 125% of Sai Silks (Kalamandir) Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹323 Cr of operating cash against ₹141 Cr of profit. After ₹178 Cr of spending on assets, ₹145 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 125% of profit came in as cash: the cash cycle got 36 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 2.3× depreciation over three years. The next section checks what that spending is building. ## Where does Sai Silks (Kalamandir)'s cash go? Sai Silks (Kalamandir) Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 249 days in FY26, up from 213 days in FY21. It spent ₹365 Cr on assets over the last 3 years. Customers take 1 days to pay, and stock sits for 311 days on average. At FY26 sales of ₹1,654 Cr, each day of that cycle ties up about ₹4.5 Cr, so roughly ₹1,128 Cr is tied up in the business at any time. FY26: customers took 1 days to pay and stock sat for 311 days, about 10.2 months of sales sitting as stock, for a full cycle of 249 days, longer than FY21's 213. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 311 days. Customers pay about 1 days after that. Suppliers are paid at 62 days. Together that makes the 249-day cycle. Spending on assets: ₹365 Cr over the last 3 years, against ₹160 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹1.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Sai Silks (Kalamandir)'s P/E ratio, and how does it compare with its own history? Sai Silks (Kalamandir) Ltd's P/E is 7.6×, about the lowest it has ever been. Its usual P/E (the middle reading) is 27.0×, over 3.1 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Why the multiple is where it is: over the past year earnings per share moved +65.0% while the price moved −62.9%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved −34.6% a year; about +11.8% a year came from earnings growth and about −46.4 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Sai Silks (Kalamandir) business getting better or worse? Sai Silks (Kalamandir) Ltd's business is giving mixed signals. Growth is slowing from a very fast pace: profit growth has eased from +49.4% at its peak to +20.2%, but the business is still expanding, with ROCE steady at 14.2%. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Sai Silks (Kalamandir) earn on its capital? Sai Silks (Kalamandir) Ltd earned a ROCE of 14% in FY26. That is up from a low of 7% in FY21. Its return on capital used (ROIC) is 0.6 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 8.5% net margin and 0.89× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 8.5% net margin × 0.89× asset turnover × 1.47× leverage (assets divided by equity) ≈ 11.1% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 11.4% − 12.0% = −0.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Sai Silks (Kalamandir) have too much debt? Sai Silks (Kalamandir) Ltd has total debt of ₹361 Cr against shareholder equity of ₹1,260 Cr as of Jun 2026, so its debt is 0.29× its equity, which is very little. Year by year, that ratio went from 1.32 in FY23 to 0.29 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Sai Silks (Kalamandir) shareholding pattern? Domestic institutions cut their stake in Sai Silks (Kalamandir) Ltd by 11.9 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 4.3% of the company. Foreign institutions moved −2.9 points over the same period, to 0.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −11.9 points over 8 quarters, to 4.3%; Foreign institutions: −2.9 points over 8 quarters, to 0.4%; Promoters: +0.2 points over 8 quarters, to 61.0%. Why the owners changed: domestic institutions drove it (−11.9 points), together with foreign institutions (−2.9 points). They reduced their stake. ## How far is Sai Silks (Kalamandir) from balance-sheet trouble? For Sai Silks (Kalamandir) Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Sai Silks (Kalamandir) rank in its industry? 54.5 out of 100, rank 11 of 26 in Textiles - Readymade Apparel, with 81% of the evidence available. Sai Silks (Kalamandir) Ltd scores 54.5 out of 100 against the 26 companies it is compared with in Textiles - Readymade Apparel, ranking 11. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 13.2 + 15.3 + 18.3 + 7.7 = 54.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Sai Silks (Kalamandir) compared with? Sai Silks (Kalamandir) ranks 11 of 26 Textiles - Readymade Apparel companies on the 4-Factor Sector Score, with 54.5 out of 100. 1. [Cantabil Retail India Ltd](https://www.sectoralpha.in/stocks/cantabil-retail-india-ltd) CANTABIL · turning · Most evidence points up · 96% evidence 74.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.9/35 · Revenue 15.8% · Profit 22.8% · Operating margin change 2 points · 88% evidence Capital efficiency 20.4/25 · ROCE 19.4% · Operating margin 33% · 100% evidence Valuation 15.9/20 · P/E 21.7× · PEG 0.75 · 100% evidence Relative strength 15.4/20 · Lead over its industry 9.5% · Lead over NIFTY 500 6.5% · 1 year -2.8% · 100% evidence · 8 of 12 weeks ahead Exact sum: 22.9 + 20.4 + 15.9 + 15.4 = 74.6 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Karnika Industries Ltd](https://www.sectoralpha.in/stocks/karnika-industries-ltd) KARNIKA · breaking out · Most evidence points up · 67% evidence 70.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.3/35 · Revenue 47.8% · Profit 68.4% · Operating margin change -2 points · 95% evidence Capital efficiency 20.8/25 · ROCE 29.6% · Operating margin 19% · 76% evidence Valuation 11.3/20 · P/E 25.5× · PEG n/a · 50% evidence Relative strength 11.8/20 · Lead over its industry n/a · Lead over NIFTY 500 11.8% · 1 year -21.1% · 25% evidence · 5 of 12 weeks ahead Exact sum: 26.3 + 20.8 + 11.3 + 11.8 = 70.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Thomas Scott India Ltd](https://www.sectoralpha.in/stocks/thomas-scott-india-ltd) THOMASCOTT · Most evidence points up · 69% evidence 67.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 34.2/43.75 · Revenue 61.5% · Profit 54.4% · Operating margin change 0.7 points · 88% evidence Capital efficiency 17.6/31.25 · ROCE 20.4% · Operating margin 12% · 100% evidence Valuation 15.3/25 · P/E 21× · PEG 1.14 · 65% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 34.2 + 17.6 + 15.3 = 67.1 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 4. [Trent Ltd](https://www.sectoralpha.in/stocks/trent-ltd) TRENT · turning · Most evidence points up · 93% evidence 66.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.9/35 · Revenue 18.4% · Profit 18.8% · Operating margin change 1 points · 100% evidence Capital efficiency 21.0/25 · ROCE 28.3% · Operating margin 18% · 100% evidence Valuation 4.2/20 · P/E 84× · PEG 5.04 · 65% evidence Relative strength 17.6/20 · Lead over its industry 17.1% · Lead over NIFTY 500 13.5% · 1 year -3.6% · 100% evidence · 4 of 12 weeks ahead Exact sum: 23.9 + 21 + 4.2 + 17.6 = 66.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 5. [SBC Exports Ltd](https://www.sectoralpha.in/stocks/sbc-exports-ltd) SBC · leader · Evidence leans up · 82% evidence 64.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Revenue 63.4% · Profit 100% · Operating margin change -3 points · 95% evidence Capital efficiency 14.9/25 · ROCE 18.4% · Operating margin 9% · 76% evidence Valuation 5.8/20 · P/E 82.3× · PEG n/a · 50% evidence Relative strength 20.0/20 · Lead over its industry 89% · Lead over NIFTY 500 82.5% · 1 year 176.9% · 100% evidence · 10 of 12 weeks ahead Exact sum: 23.8 + 14.9 + 5.8 + 20 = 64.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [V-Mart Retail Ltd](https://www.sectoralpha.in/stocks/v-mart-retail-ltd) VMART · turning · Evidence leans up · 89% evidence 62.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.8/35 · Revenue 19.1% · Profit 100% · Operating margin change 1 points · 88% evidence Capital efficiency 9.1/25 · ROCE 13.2% · Operating margin 15% · 100% evidence Valuation 11.7/20 · P/E 42.4× · PEG 1.03 · 65% evidence Relative strength 14.7/20 · Lead over its industry 14.4% · Lead over NIFTY 500 10.5% · 1 year -10.9% · 100% evidence · 9 of 12 weeks ahead Exact sum: 26.8 + 9.1 + 11.7 + 14.7 = 62.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Pearl Global Industries Ltd](https://www.sectoralpha.in/stocks/pearl-global-industries-ltd) PGIL · leader · Evidence leans up · 78% evidence 61.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.3/35 · Revenue 13.7% · Profit 29.4% · Operating margin change 2 points · 83% evidence Capital efficiency 17.0/25 · ROCE 19.9% · Operating margin 11% · 76% evidence Valuation 6.4/20 · P/E 35.2× · PEG n/a · 50% evidence Relative strength 17.6/20 · Lead over its industry 39.1% · Lead over NIFTY 500 34.6% · 1 year 80.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 20.3 + 17 + 6.4 + 17.6 = 61.3 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 8. [Bella Casa Fashion & Retail Ltd](https://www.sectoralpha.in/stocks/bella-casa-fashion-retail-ltd) BELLACASA · Evidence leans up · 76% evidence 58.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.9/43.75 · Revenue 21.8% · Profit 37% · Operating margin change -4.4 points · 88% evidence Capital efficiency 14.9/31.25 · ROCE 17.2% · Operating margin 3.8% · 100% evidence Valuation 20.1/25 · P/E 16.6× · PEG 0.45 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 23.9 + 14.9 + 20.1 = 58.9 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 9. [Aditya Birla Lifestyle Brands Ltd](https://www.sectoralpha.in/stocks/aditya-birla-lifestyle-brands-ltd) ABLBL · quiet · Evidence leans up · 78% evidence 55.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.5/35 · Revenue 10.9% · Profit 42.1% · Operating margin change 0 points · 100% evidence Capital efficiency 13.2/25 · ROCE 15% · Operating margin 16% · 100% evidence Valuation 11.6/20 · P/E 35.4× · PEG 1.05 · 65% evidence Relative strength 8.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -26.5% · 1 year -47.2% · 25% evidence · 0 of 12 weeks ahead Exact sum: 22.5 + 13.2 + 11.6 + 8.1 = 55.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Baazar Style Retail Ltd](https://www.sectoralpha.in/stocks/baazar-style-retail-ltd) STYLEBAAZA · breaking out · Evidence leans up · 79% evidence 54.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.1/35 · Revenue 34.9% · Profit 100% · Operating margin change -0.6 points · 88% evidence Capital efficiency 5.8/25 · ROCE 7.6% · Operating margin 14.8% · 100% evidence Valuation 8.5/20 · P/E 98.5× · PEG n/a · 15% evidence Relative strength 17.3/20 · Lead over its industry 16.3% · Lead over NIFTY 500 12.8% · 1 year 11.4% · 100% evidence · 11 of 12 weeks ahead Exact sum: 23.1 + 5.8 + 8.5 + 17.3 = 54.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. Sai Silks (Kalamandir) Ltd this page KALAMANDIR · basing · Evidence leans up · 81% evidence 54.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.2/35 · Revenue 4.8% · Profit 20.2% · Operating margin change -1 points · 88% evidence Capital efficiency 15.3/25 · ROCE 14.4% · Operating margin 14% · 100% evidence Valuation 18.3/20 · P/E 7.3× · PEG 0.81 · 100% evidence Relative strength 7.7/20 · Lead over its industry n/a · Lead over NIFTY 500 -37% · 1 year -64.4% · 25% evidence · 0 of 12 weeks ahead Exact sum: 13.2 + 15.3 + 18.3 + 7.7 = 54.5 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 12. [Iris Clothings Ltd](https://www.sectoralpha.in/stocks/iris-clothings-ltd) IRISDOREME · leader · Evidence leans up · 100% evidence 54.2 out of 100 Growth Capital Valuation Relative
13. [Kewal Kiran Clothing Ltd](https://www.sectoralpha.in/stocks/kewal-kiran-clothing-ltd) KKCL · quiet · Evidence leans up · 78% evidence 53.2 out of 100 Growth Capital Valuation Relative
14. [V2 Retail Ltd](https://www.sectoralpha.in/stocks/v2-retail-ltd) V2RETAIL · quiet · Evidence leans up · 79% evidence 52.9 out of 100 Growth Capital Valuation Relative
15. [Arvind Fashions Ltd](https://www.sectoralpha.in/stocks/arvind-fashions-ltd) ARVINDFASN · quiet · Evidence leans up · 89% evidence 52.3 out of 100 Growth Capital Valuation Relative
16. [Monte Carlo Fashions Ltd](https://www.sectoralpha.in/stocks/monte-carlo-fashions-ltd) MONTECARLO · turning · Evidence leans up · 73% evidence 50.5 out of 100 Growth Capital Valuation Relative
17. [Vishal Mega Mart Ltd](https://www.sectoralpha.in/stocks/vishal-mega-mart-ltd) VMM · quiet · Evidence leans up · 78% evidence 50.4 out of 100 Growth Capital Valuation Relative
18. [Vedant Fashions Ltd](https://www.sectoralpha.in/stocks/vedant-fashions-ltd) MANYAVAR · breaking out · Evidence leans down · 81% evidence 49.4 out of 100 Growth Capital Valuation Relative
19. [Credo Brands Marketing Ltd](https://www.sectoralpha.in/stocks/credo-brands-marketing-ltd) MUFTI · Evidence leans down · 76% evidence 45.5 out of 100 Growth Capital Valuation Relative
20. [S P Apparels Ltd](https://www.sectoralpha.in/stocks/s-p-apparels-ltd) SPAL · quiet · Evidence leans down · 96% evidence 42.5 out of 100 Growth Capital Valuation Relative
21. [Lux Industries Ltd](https://www.sectoralpha.in/stocks/lux-industries-ltd) LUXIND · quiet · Evidence leans down · 78% evidence 41.6 out of 100 Growth Capital Valuation Relative
22. [Raymond Lifestyle Ltd](https://www.sectoralpha.in/stocks/raymond-lifestyle-ltd) RAYMONDLSL · quiet · Evidence leans down · 78% evidence 39.3 out of 100 Growth Capital Valuation Relative
23. [Go Fashion (India) Ltd](https://www.sectoralpha.in/stocks/go-fashion-indialtd) GOCOLORS · quiet · Evidence leans down · 75% evidence 35.9 out of 100 Growth Capital Valuation Relative
24. [Gokaldas Exports Ltd](https://www.sectoralpha.in/stocks/gokaldas-exports-ltd) GOKEX · quiet · Most evidence points down · 81% evidence 28.3 out of 100 Growth Capital Valuation Relative
25. [Aditya Birla Fashion & Retail Ltd](https://www.sectoralpha.in/stocks/aditya-birla-fashion-retail-ltd) ABFRL · quiet · Most evidence points down · 61% evidence 27.6 out of 100 Growth Capital Valuation Relative
26. [Kitex Garments Ltd](https://www.sectoralpha.in/stocks/kitex-garments-ltd) KITEX · basing · Most evidence points down · 68% evidence 21.0 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Textiles - Readymade Apparel](https://www.sectoralpha.in/sectors/textiles-readymade-apparel), all 26 compared on one page. ## Which companies are close to Sai Silks (Kalamandir) in size? Sai Silks (Kalamandir) is the 22nd largest of 26 Textiles - Readymade Apparel companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Go Fashion (India), Monte Carlo Fashions and Iris Clothings. Just below it: Karnika Industries, Credo Brands Marketing and Thomas Scott India. ### Textiles - Readymade Apparel companies close in size

1. [Go Fashion (India) Ltd](https://www.sectoralpha.in/stocks/go-fashion-indialtd) ₹1,276 crore
2. [Monte Carlo Fashions Ltd](https://www.sectoralpha.in/stocks/monte-carlo-fashions-ltd) ₹1,055 crore
3. [Iris Clothings Ltd](https://www.sectoralpha.in/stocks/iris-clothings-ltd) ₹1,032 crore
4. Sai Silks (Kalamandir) Ltd ₹996 crore
5. [Karnika Industries Ltd](https://www.sectoralpha.in/stocks/karnika-industries-ltd) ₹827 crore
6. [Credo Brands Marketing Ltd](https://www.sectoralpha.in/stocks/credo-brands-marketing-ltd) ₹472 crore
7. [Thomas Scott India Ltd](https://www.sectoralpha.in/stocks/thomas-scott-india-ltd) ₹369 crore

[All 26 Textiles - Readymade Apparel companies, largest first](https://www.sectoralpha.in/sectors/textiles-readymade-apparel#all-companies)

### Companies close in size in other industries

1. [Lincoln Pharmaceuticals Ltd](https://www.sectoralpha.in/stocks/lincoln-pharmaceuticals-ltd) ₹1,000 crore · Pharma - Formulators
2. [Deep Energy Resources Ltd(Merged)](https://www.sectoralpha.in/stocks/deep-energy-resources-ltd-merged) ₹999 crore · Oil Drilling & Exploration
3. Sai Silks (Kalamandir) Ltd ₹996 crore
4. [Century Enka Ltd](https://www.sectoralpha.in/stocks/century-enka-ltd) ₹995 crore · Textiles - Manmade Fibre - PFY/PSF
5. [Remus Pharmaceuticals Ltd](https://www.sectoralpha.in/stocks/remus-pharmaceuticals-ltd) ₹994 crore · Pharma - Others

## What else do people ask about Sai Silks (Kalamandir)? ### What is Sai Silks (Kalamandir)'s share price today? Sai Silks (Kalamandir) Ltd's share price is ₹67.55, −62.9% over the past year. The whole company is worth ₹1,035 Cr on the market. In the last 52 weeks it traded between ₹65 to ₹173; today it is 2% of the way up from the low, 32.5% below its 200-day average (as of 3 November 2026). ### What were Sai Silks (Kalamandir)'s latest quarterly results? Sai Silks (Kalamandir) Ltd reported revenue of ₹375 Cr and net profit of ₹26.0 Cr for the Jun 2026 quarter. Revenue fell 1.1% and profit fell 13.3% compared with a year earlier. Earnings per share were ₹1.67. The operating margin was 14.0%, 1.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Sai Silks (Kalamandir)'s market cap? Sai Silks (Kalamandir) Ltd's market capitalisation is ₹1,035 Cr at a share price of ₹67.55. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Sai Silks (Kalamandir) performing? Sai Silks (Kalamandir) Ltd's share price has been falling for 43 weeks. In its latest quarter, revenue fell 1.1% and profit fell 13.3% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 20 weeks running (as of 3 November 2026). ### Will Sai Silks (Kalamandir)'s share price go up? This page does not forecast Sai Silks (Kalamandir) Ltd's share price. What it shows instead: the share price is ₹67.55, and it has been falling for 43 weeks. Its P/E of 7.6× is higher than 1% of its own last 3 years (as of 3 November 2026). ### Who owns Sai Silks (Kalamandir)? Promoters own 61.0% of Sai Silks (Kalamandir) Ltd, foreign institutions 0.4%, domestic institutions 4.3% and the public 30.5% (latest quarter). The biggest change over the last two years: Domestic institutions cut their stake by 11.9 percentage points over 8 quarters (as of 3 November 2026). ### Where is Sai Silks (Kalamandir) in its business cycle? Sai Silks (Kalamandir) Ltd's FY26 operating margin was 16.0%, against a 9-year range of 8.0% to 16.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 14.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Sai Silks (Kalamandir) story? The main question: yearly earnings per share moved +65.0% while the share price moved −62.9%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Sai Silks (Kalamandir) a stock worth studying right now? What the numbers show: Sai Silks (Kalamandir) Ltd's P/E is near the low end of its own history, higher than only 1% of past readings, and its quarterly results are still getting worse. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Sai Silks (Kalamandir) share price forecast for 2026? What management itself guided: FY27 consolidated revenue growth 12-15% supported by calendar advantage of 5-10% incremental wedding dates distributed across Q2-Q4 versus prior year. ## Lists

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