Siyaram Silk Mills Q1 FY27 profit up 143%, sales 13%

Key takeaway from the Q1 update

Siyaram Silk Mills Limited reported a sharp year-on-year rise in standalone profitability for the quarter ended June 30, 2026 (Q1 FY27), alongside steady top-line growth. Standalone net profit rose to ₹112 million, up about 143.5% from ₹46 million a year earlier. Standalone revenue from operations increased to ₹4,400 million, up about 13.4% versus ₹3,880 million in Q1 FY26.

Along with the earnings update, the company also moved on a corporate action-related development. It said the National Company Law Tribunal (NCLT), Mumbai Bench, has sanctioned its scheme of arrangement for the issue of bonus preference shares, and the scheme has been made effective from July 30, 2026 after filing the necessary Form INC 28.

Q1 FY27 numbers: profit jump with revenue growth

The headline for the quarter was the profit rebound on a year-on-year basis. Standalone net profit came in at ₹112 million in Q1 FY27 compared with ₹46 million in Q1 FY26, translating into about 143.5% growth. Over the same period, standalone revenue from operations rose to ₹4,400 million from ₹3,880 million, a year-on-year increase of about 13.4%.

The update positions Q1 FY27 as a stronger quarter on profitability compared with the year-ago base, while revenues also expanded at a healthy pace. The company described the quarter as a strong rebound, driven by the surge in standalone net profit alongside steady revenue expansion.

Standalone quarterly trend visible in prior disclosures

The data shared in the quarterly table shows how operating performance has varied across recent quarters (figures provided in ₹ crore). For the quarter ended June 2025, net sales were 388.5 (₹3,885 million), and profit after tax was 4.6 (₹46 million). In subsequent quarters of FY26, net sales rose to 705.55 (₹7,055.5 million) in September 2025 and 622.63 (₹6,226.3 million) in December 2025, before reaching 852.6 (₹8,526 million) in March 2026.

Operating profit and other income also fluctuated across quarters, as did interest and depreciation. The quarterly table showed no exceptional items across the periods listed. While the Q1 FY27 standalone quarterly table was not provided in the same format, the company’s stated Q1 FY27 revenue and profit numbers indicate a year-on-year improvement versus the June 2025 quarter.

NCLT approves bonus preference share scheme

Separately, Siyaram Silk Mills said the Hon’ble NCLT, Mumbai Bench, sanctioned the company’s scheme of arrangement for issuing preference shares by way of bonus. The tribunal’s order is dated July 21, 2026.

The company stated that the scheme is under Section 230 of the Companies Act, 2013, and the objective is to distribute surplus reserves by utilising its general reserves. It also said it filed Form INC 28 on July 30, 2026, which made the scheme officially effective from that date.

What “effective date” means for shareholders

By stating that the scheme is effective from July 30, 2026, the company has linked the effectiveness to the filing of Form INC 28 following the NCLT order. The announcement establishes a clear regulatory milestone for the corporate action.

The company’s note frames the bonus preference share issue as a method to reward shareholders while deploying surplus reserves held in general reserves. No additional numerical details about the preference share issue ratio or record date were included in the provided text.

Market snapshot: share price reference

The provided market snapshot included a reference price for the stock. It stated the current share price of Siyaram Silk Mills is ₹579.75.

No intraday move, percentage change, or volume details were provided alongside this price point in the text.

Consolidated numbers referenced for March 2026 quarter

The broader context also included consolidated quarterly numbers for the March 2026 quarter (reported on May 19, 2026). In that consolidated update, net sales were stated at ₹8,532.9 million in March 2026 versus ₹7,361.9 million in March 2025, up 15.91%. Consolidated quarterly net profit was stated at ₹977.8 million in March 2026 versus ₹720.5 million in March 2025, up 35.72%.

EBITDA for the consolidated March 2026 quarter was stated at ₹1,548.4 million compared with ₹1,248.8 million in March 2025, up 23.99%. EPS was reported at ₹21.55 in March 2026 versus ₹15.88 in March 2025.

Key figures table

Why the update matters

The combination of a sharp year-on-year rise in standalone profit and double-digit revenue growth is a key signal for investors tracking quarterly momentum in the business. In parallel, the NCLT-sanctioned scheme for issuing bonus preference shares adds a corporate action development tied to the company’s surplus reserves and general reserves.

What stands out in the timeline is that the scheme moved from tribunal approval (July 21, 2026) to effective status (July 30, 2026) following the statutory filing. For market participants, that sequence provides clarity on the regulatory completion stage, even as other granular terms of the bonus preference share issuance were not included in the provided text.

Conclusion

Siyaram Silk Mills reported Q1 FY27 standalone revenue of ₹4,400 million and standalone net profit of ₹112 million, marking about 13.4% and 143.5% year-on-year growth, respectively. The company also confirmed that its NCLT-approved bonus preference share scheme became effective on July 30, 2026 following the filing of Form INC 28, after the tribunal order dated July 21, 2026.