SIYSILNSE27 January 2025

Siyaram Silk Mills Limited has informed the Exchange about Investor Presentation

Siyaram Silk Mills Limited

Date: 27th January, 2025

To,

BSE Limited Corporate Relationship Department 1st Floor, P.J. Towers, Dalal Street Mumbai 400 001

Scrip Code: 503811

Dear Sir/Madam,

National Stock Exchange of India Limited Listing Department-Corporate Services Exchange Plaza, 5th Floor, Plot No. C/1 Bandra Kurla Complex Bandra East, Mumbai 400051 Scrip Symbol: SIYSIL

Subject: Investors / Earnings Presentation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

With reference to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Investors/ Earnings Presentation on the Unaudited Financial Results of the Company for the quarter and nine months ended December 31, 2024. The Company will use this presentation for any meeting scheduled with analysts or institutional investors. The above information will also be available on the website of the Company at www.siyaram.com

Request to kindly take this intimation on record.

Thanking You,

Yours faithfully, For Siyaram Silk Mills Limited.

William Fernandes Company Secretary

Encl: a/a

Corporate office: B - 5, Trade World, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013 (India)

Phone: 3040 0500,

Fax: 3040 0599

Internet: www.siyaram.com

Email: william.fernandes@siyaram.com CIN : L17116MH1978PLC020451

Registered Office: H – 3/2, MIDC, A – Road, Tarapur, Boisar, Palghar – 401 506 (Mah.)

Investor Presentation | Q3 FY25

Safe Harbor

This presentation and the accompanying slides (the “Presentation”), which have been prepared by Siyaram Silk Mills Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.

This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.

Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the Company’s ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cashflows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections.

All Maps used in the Presentation are not to scale. All data, information and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness.

Index

Q3 FY25 Performance

Strategic Retail Expansion

Our Legacy Business

Our Organization

Our Strategic Priorities

Our Financial Performance

Rewarding Shareholders

Q3 FY25 Performance

Management Commentary

Mr. Gaurav Poddar, President & Executive Director

• Consumer sentiment in Q3 was initially lifted by festivities with spending picking up during the season. The inflationary pressure was persistent throughout the quarter thus moderating demand in the later half. However, it was encouraging to note that inflation showed signs of cooling down at the end of the quarter making outlook optimistic going forward.

• Our expansion plan remains on track, with a goal to open approximately 30 new fast fashion and ethnic retail outlets. The fast fashion

outlets are branded as ZECODE, while the ethnic clothing outlets are branded as DEVO.

• Our financial performance for the quarter shows improvement, with total income at ₹586 crores, compared to ₹513 crores in Q3 FY24. Our revenue mix for Q3 FY25 comprised of Fabric at 83%, Garments at 12%, and Yarn & Others at 5%. We are pleased to report an EBITDA of ₹83 crores, with an EBITDA margin of 14.1%. Additionally, our Profit After Tax (PAT) for the quarter reached ₹46 crores, with a PAT margin of 7.8%.

•

Looking ahead, we are hopeful that the remainder of the fiscal year will be driven by favorable market environment and prudent capital management, ensuring continued growth. We thank our stakeholders for their trust and support as we move into the next phase of growth.

Quarterly Business Performance

Total Income

EBITDA

Net Profit After Tax

+4%

796

829

1,847

(₹ in Mn)

+4%

443

459

21,247

6,528

5,129

+14%

5,129

5,864

Q3FY24 Q3FY25

15,460

5,864

5,971

6,290

3,619

FY24

3,306

FY25

3,225

1,123

796

999

307

FY24

Q3FY24 Q3FY25

690

Q3FY24 Q3FY25

2,274

829

1,103

342

FY25

1,263

459

684

120

FY25

443

614

100

FY24

Note: Rounded off to the nearest whole number

* Standalone Financials

Q3 & 9M FY25 Profit & Loss Statement

Particulars (₹ in Mn)

Revenue from Operations

Other Income

Total Income

Cost Of Goods Sold

Employee Expenses

Other Expenses

EBITDA

EBITDA Margin (%)

Depreciation

EBIT

EBIT Margin (%)

Finance Cost

Profit before Tax

Profit before Tax(%)

Tax

Profit After Tax

PAT Margin (%)

EPS (As per Profit after Tax)

* Standalone Financials

Q3 FY25

Q3 FY24

Y-o-Y

9M FY25

9M FY24

Y-o-Y

5,702

162

5,864

3,316

439

1,280

829

5,018

111

5,129

2,879

429

1,025

796

14.1%

15.5%

148

681

139

657

11.6%

12.8%

621

601

10.6%

11.7%

162

459

7.8%

10.1

158

443

8.6%

9.6

14.3%

4.1%

3.7%

3.4%

3.6%

14,842

617

15,459

8,528

1,324

3,333

2,274

14.7%

424

1,850

12.0%

162

1,688

10.9%

425

1,263

8.2%

27.8

14,408

311

14,719

8,244

1,273

3,101

2,101

14.3%

410

1,691

11.5%

152

1,539

10.5%

382

1,157

7.9%

25.0

5.0%

8.3%

9.4%

9.7%

9.2%

Strategic Retail Expansion

Ethnic Wear - DEVO

Store Format

Company Owned Company Operated

Store size

2000-4000 sq.ft

No. of stores

~10 by Q1FY26

Price Positioning

Mid – Premium

Targeted Geography

North India

Investment per store

Rs. 1 Cr. to Rs. 1.5 Crs.

Target Customer

Men’s Wear

A Glimpse of DEVO

DEVO Stores

Ayodhya

Lajpat Nagar

Pitampura

Fast Fashion - ZECODE

Store Format

Store size

Company Owned Company Operated

4000-6000 sq.ft & 8000-10000 sq.ft

No. of stores

~20 by Q1FY26

Price Positioning

Upto price point of Rs. 999

Targeted Geography

South India

Investment per store

Rs. 1 Cr. to Rs. 1.5 Crs.

Target Customer

Gen Z

A Glimpse of ZECODE

ZECODE Stores

RT NAGAR

HESARGATTA

YELEHANKA

DAVANGERE

INDIRANAGAR

VIDYARANYAPURA

SAMBRAM

R R NAGAR

Media Coverage of Our New Venture

Launch of Cadini Italy Perfumes

Siyaram Silk Mills Ltd, under the brand name Cadini Italy, launches Cadini Italy Perfumes in India

During the exclusive launch introduced four fragrances: Leonardo’s Secret, Italian Renaissance, Roman Affair, and Sicilian Romance

The perfumes are Available in three variants—100 ML, 35 ML, and 2 ML

Cadini Italy Perfume Media Coverage & Launch Day

Our Legacy Business

Our Legacy

From 1978 till today, through our fabrics and brands, we have carved a niche in the hearts and minds of millions.

Amongst India’s most renowned brands and marketers of fabrics, readymade garments, and other textiles products.

Strong brands & sub-brands like Siyaram, Mistair, J. Hampstead, CADINI, Oxemberg and many more

Operates franchises, retail stores and online platform presence, which offer menswear fashion fabrics, apparel, and accessories

An ISO 14001:2008, 45,001: certified company, with integrated state-of-the-art across Tarapur, manufacturing plants Daman, Amravati and Silvassa

A distribution ecosystem with brands focusing on all the segments of the market

Today, when we say, “Come home to…”, the world says… Siyaram’s

We Improve. Grow. Accelerate

Phase 01

Phase 02

Phase 03

Phase 04

Manufacturing

Business Expansion

Brand Creation

Innovation & Asset Light Model

1978-1987

o Established in 1978

o Went Public in 1980

o Setup capacity for manufacturing & weaving and processing at Tarapur

1991-2009

o Started brand promotion exercise the for brand Siyaram with tagline to “Coming Home Siyaram’s”

o Introduced Oxemberg to venture

into readymade garments

o Launched J. Hampstead to market with 100% pure worsted suiting fabrics

o Started & expanded the weaving

capacity at Silvassa

o Launched Mistair, a fashion brand

for fabrics

2013-2020

2021-2024

o Siyaram’s voted as the most trusted brand by Economic Times and Nielsen Media Research

o Acquired the Italian Brand Cadini

o Set up indigo rope dyeing unit at

Amravati

o Launched Siyaram’s Mozzo – A

casual Apparel Brand

o Set Guinness World Record for

online Textile Mahakumbh

o Launched DEN - KNIT Knitted

Denim fabric brand

o Launched Siyaram’s Exclusive Knit

Wear Brand – Tessio

o Launched

range blended shirting under BREEZY

of Bamboo fabric brand sub brands EVITA &

o Launched Ethnic wear

fabric

brand Ethnair

We serve multiple end markets..

800+

~100Mn Meters

Distributors spread across pin codes

Fabric Sold in FY24

250+

Stores Across Nation

~1.90Lsqft

Retail Space

~4.5Mn pieces

5Mn and counting…

Apparels Sold in FY24

Customers Served

Distributors MBO’s

Institutions

Online Marketplace Exclusive Shops

8/ZECODE stores

3 DEVO stores

*Company estimates

…through Different Brands and Sub-Brands

FABRICS

GARMENTS

…through serving Different Customer Needs

…through our Innovative Offerings

BLENDED BAMBOO FABRIC

TERRY RAYON SUITING FABRIC

KNIT INDIGO

JET BLACK COLLECTION

KNIT WEAR

ETHNIC WEAR

STRETCH COLLECTION

The urge to innovate, the quest for artisanal fabrics, and the transmission of exceptional know-how have enabled the creation of world-class bamboo cotton fabric clothing in India to stand the test of time and forge the uniqueness of Siyaram’s

…through Brand Ambassadors

…endorsing our Brands over the years

…through Our Expertise in Every Facet of the Production Process

Gujrat

Daman

Silvassa

Amravati

Tarapur

Maharashtra

“An optimum mix of In-house and Outsourcing makes it a scalable and Asset-light model”

Our Manufacturing Plants

Toyota Airjet looms at saily, Silvassa

50L

Units of Solar Power Generated every year

Across All Plants

Green Energy Initiatives at Manufacturing Locations

Weaving technology like Rapier: Picanol (Belgium), Airjet: Toyota (Japan)

…through In-house Design Studio and Top-Notch Technology

In-house Design Studio

Every dream is distinct, and we ensure that our teams, the creative vision, materials, and craftsmen all work together to create a unique translation. We uphold the highest standards for materials, perfect lines, and meticulous attention to detail

Our in-house Design Studio comprises textile designers who have honed their skills through years of practice and work tirelessly to create designs that are both beautiful and comfortable

Moreover, our R&D department combines innovative textiles with the contemporary needs of today's man

WOOL BLENDS

100% COTTON

BLENDED BAMBOO FABRIC

TERRY RAYON

COTTON BLENDS

100% LINEN & LINEN BLENDS

As we offer stylish and comfortable products, we also prioritize the safety of our customers. We ensure safety and unparalleled quality by using eco-friendly chemicals in all our fabrics and subjecting them to rigorous quality checks at every stage

…through our Global Presence

Export Regions

✓

Australia

Bahrain

Bangladesh

Canada

Colombia

Dubai

Egypt

Germany

Hong Kong

Indonesia

Japan

Jordan

Kuwait

✓ Malaysia

✓ Mexico

✓

Nepal

New Zealand

Oman

Qatar

Saudi Arabia

South Korea

Thailand

UAE

USA

Vietnam

✓ West Indies

✓

Yemen

Cadini Sales Regions

✓

Austria

Belgium

Canada

Cote d’Ivore

Egypt

France

Great Britain

Greece

Iraq

Ireland

Italy

Nigeria

Norway

Puerto Rico

Russia

Senegal

Hong Kong

South Africa

Sweden

USA

Our Organization

Our Vision, Mission & Values

VISION

MISSION

To be the preferred partner to every stakeholder in the textile and fashion industry by delivering high quality fabrics, implementing design-driven innovation, building trust, creating unsurpassed value and delighting customers time and again

To provide quality products and to be a name, synonymous with high fashion in India and across the globe

VALUES

Core Values

Passion

Integrity

Team Spirit

Humility

Excellence

Our Experienced Board

SHRI. RAMESH PODDAR Chairman & Managing Director

SHRI. PAWAN PODDAR Joint Managing Director

SHRI. SHRIKISHAN PODDAR Executive Director

SHRI. GAURAV PODDAR President & Executive Director

SHRI. ASHOK M. JALAN Senior President cum Director

the

that

creating

Mr Ramesh Poddar is a stalwart of textile industry having rich experience of over 4 decades. He has been brand instrumental Siyaram’s. His futuristic vision made Siyaram’s exudes brand dynamism, quality and innovation. He build company led comprehensive product portfolio of suitings, shirtings and garments. Mr Poddar is a member of various charitable trusts, offering services in many sectors. He was also a member of Textile committee to the Government of India and has represented the industry through forums & associations. People in industry regard him as mentor because of his vast experience & knowledge and seek his help in solving complex business challenges.Under his leadership, today Siyaram’s has become one of the most trustworthy and household house hold names in India.

trade

key

Mr Pawan Poddar’s vision from the beginning was to make Siyaram’s a truly state-of-the art manufacturing organisation. His efforts stood the test of Siyaram’s manufacturing plants are considered the best in the industry.

today

time

and

Mr Poddar is also a well-known social figure who participates in various causes and activities supported by trade associations and industrial bodies such as FAITMA, BTRA and TIMA to make a difference in the industry.

Mr Shrikishan Poddar established the Exports Division in Siyaram’s to tap into global markets. With his intuition and Siyaram’s innovation, relentless expanded to the USA, Europe, Australia, Far East, Gulf and Sri Lanka.

launched

He furnishings, curtains and upholstery fabrics.

Siyaram’s

offering

home fashionable

With his unending quest he made in a prominent Siyaram’s International markets

force

Mr Gaurav Poddar is a new age leader whose dynamic and high energy persona always guides teams to excel in business.

He is involved in strategic planning for the group and new business initiatives especially in garments and retail businesses.

He has also contributed significantly across functions such as manufacturing, product development and technology upgradation.

inherited his

Mr Poddar family’s business acumen and combined it with a modern outlook making him a role model budding entrepreneurs

young

and

for

Shri Ashok Jalan is an experienced executive director with expertise in business operations and administration. insights and He brings valuable strategic leadership to the organisation, which he joined in 1981 and has, since, steered its growth by managing cross- functional teams, developing effective strategies, and implementing efficient processes to achieve organisational goals. He effectively manages financial and human resources, and makes datadriven decisions the Company’s profitability. He holds a Bachelor of Commerce degree.

to drive

Our Experienced Board

SHRI. SACHINDRA N. CHATURVEDI

SHRI. CHETAN S. THAKKAR

SHRI. DEEPAK R. SHAH

SMT. MANGALA R. PRABHU

DR. ASHOK N. DESAI

He is a Graduate and has done his LLB from Shivaji University Kolhapur and LLM from Bombay University. He thereafter qualified as a Solicitor from Bombay and has since been associated with Kanga & Co., as an Associate and then as a partner from 2006 onwards. He is in practice for over 19 years and has vast experience in matters relating to capital markets including IPO, Rights Issues, QIPs, FCCB offerings foreign collaborations, Mergers & Acquisitions, private equity investments, corporate laws, banking, loan syndication, ECBs FDI, franchising, insurance matters and intellectual property matters.

Bombay society

He is a Fellow member of the ICAI, a bachelors’ degree with honors in Technology and holds a master’s degree in business administration. He has over 32 years of experience as a Practicing is a Chartered Accountant, and he Chartered member Tax and Accountants’ Consultants Association. He has expertise in the areas of Audit, Taxation, Project / Corporate Finance, Investment Banking, M&As, Corporate Laws, DD exercises, Valuation, Restructuring & Rehabilitation and Strategic Business Planning. He has varied experience of auditing BFSI, PSU and many large companies. He also has valuable experience in monitoring / inspection / investigating / companies at the behest of banks / FIs / IT authorities / High Courts/ NCLT/ as well as inspection of books and records of MFs/ SE brokers/ plantation companies on behalf of SEBI.

He is a Graduate and a Fellow member of the ICAI with 30 years of experience in the field of Direct and Indirect Tax. He was the Chairman of All India Federation of Tax Practitioners Western Zone for 2018 and 2019 and also the Chairman Taxation Committee of Bombay Chartered Accountants’ Society. He has served as President Chartered Accountants’ Society in the year 2012- 13. He also served as an Editor of BCA Referencer for 12 years till 2012. He has expertise in the field of Audit, Company Law and Taxation (Direct and Indirect)

Bombay

Indirect

cross multiple

She is a Postgraduate in Commerce, a Law Graduate as well as CAIIB. She has 41 years of experience in the Banking roles Sector with spanning across corporate credit, foreign exchange, HR and branch banking. Presently working as a imparting Consultant Financial Corporate Financial Advisory Services in Mid/ Large Corporate Clients.

He holds a Ph. D (Tech) in Textile Technology and is a Fellow of Institute of Engineers, India. He joined Bombay Textile Research Association (BTRA) in 1980. In July 2000 he took over as Director of BTRA and he initiated many activities towards self-sufficiency and finance disciple as well as gave a new direction to BTRA. He is a Scientist member of the Governing Council of SITRA . He is also the Chairman of TX30 and TX33 of the Bureau of Indian Standards and is Chairman of Textile Division Council of Bureau of Indian Standards. He has gained expertise in fields of Spinning Technology, the Microbiology, E-beam Radiation of Textiles, Plasma Processing applications to Textiles and other related fields.

Testimony to our Success

Guinness World Records for creating World’s most viewed livestream

Awarded as India's Most Attractive Brands by Trust Research Advisory

Awarded as The Next 500 by Fortune India

Ranked amongst Top 100 Franchise Opportunities

Awarded as Most Trusted Brand by ET & Nielsen Media Research

Felicitated as Iconic Brands of India by ET

Our Advertising & Marketing Initiatives

Our Social & Sustainability Initiatives

Blind Cricket Tournament 2024, Mumbai

Conducted Tailoring Workshops across 8 states

Yoga Day Campaign, Mumbai

Contributed for construction of 2 out of 4 floors for Apna Ghar Ashram

World Environment Day, Tarapur

Our Strategic Priorities

Strategic Priorities

01 Strengthen Distribution

Network

04 Expand Retail Network through Exclusive Stores

02 Manufacturing through

Outsourcing Partners

05 Focus on Innovation &

Quality Experience

03 Leverage Brand Siyaram’s

06 Promote Tailoring in the Community

Franchise Model : Win-win Proposition

Partnering with Siyaram's shop will provide a lucrative & sustainable business model and unmatched growth opportunities

BRAND’S LEGACY

WARDROBE SOLUTION

MULTIPLE BRANDS

WIDE TARGET AUDIENCE

E S I H C N A R F

Y N A P M O C

Of over 4 decades

Fashioning Modern Man

Under One Roof

Right from 18 years to 60+ men

TAILOR FIT

LOYALTY PROGRAM

PAYBACK PERIOD

READY CUSTOMER BASE

Customized Services

Base of 2.17 lac members

~3 years

Higher Footfall

HIGHER MARKET SHARE

INCREASED REACH

HIGHER ROCE

LOWER DEBT

FASTER GROWTH

Outcome of Strategic Actions

Return on Capital Employed %

* Adjusted for cash & Investments

Asset Turnover ratio (x)

31.8

32.6

1.39

1.41

1.29

23.2

1.13

0.80

13.1

FY20

3.6

FY21

Return on Equity %

9.4

FY20

0.7

FY21

*FY21 was impacted by Covid related disruptions

FY22

FY23

FY24

FY20

FY21

FY22

FY23

FY24

Net Debt Calculation

(₹ in Mn)

Long Term

Cash & Investments

Short Term

24.8

24.2

16.2

3,216

1,006

2,421

-211

1,693 368

1,747

-422

367 593

-421

195

FY22

FY23

FY24

FY20

FY21

FY22

208 92

1,404

-1,288

FY23

1,275 12

1,631

-367

FY24

Other Focus Areas

Enhance the consumer experience

We survey customers regularly to adjust our products based on behavior and innovate with new designs, striving to be at the top of customer preferences in a competitive fashion industry

Rationalising the Product Mix

We have reduced SKUs and focused on fast-moving products and preferred designs to avoid inventory blockage, leading to enhanced profitability and receivables

New Marketing Approach

Our traditional marketing strategy garnered positive results in the domestic market, developing a vast network and penetrating tier-I, tier-II and tier-III cities. Now, it aims to attract online shoppers by targeting the digital space.

Redefining the sales strategy

We shifted from consignment sales to net sales to de-risk sales and collection cycle, eliminating provisions for returns and replacements and avoiding blocked working capital. This strategy also saves management bandwidth and provides a clear picture of demand

Accelerating Digital Adoption

We embrace digitalization in our day-to-day operations to improve efficiency, offering frequent training programs to help employees adapt to digital transformation initiatives

Our Financial Performance

Revenue Break-up

(in ₹ Million)

(in %)

* excl INR 826 mn of one time export order

-2.8%

21,467 1,357

2,915*

20,872 1,069

2,735

19,031 917

2,574

15,540

17,195

17,068

16,980 1,144

3,452

12,384

10,875 758

1,164

8,953

14%

82%

20%

73%

7% 11%

82%

* excl INR 826 mn of one time export order

13%*

13%

77%

82%

FY20

FY21

FY22

FY23

FY24

FY20

FY21

FY22

FY23

FY24

Yarn/knitting & Others

Garment

Fabric

Yarn/knitting & Others

Garment

Fabric

*FY21 was impacted by Covid related disruptions ; Excludes Other Income

Businesswise Performance

Fabric

17,195

Garments

-0.7%

-6.2% excl. One off exports

-1.6%

0.9%

17,068

3,741

-5.4%

0.6%

-22.1%

(₹ in Mn)

✓ Value growth led by better Product Mix

- Sale of Premium Fabrics was higher in the last fiscal year

✓ Exports contributed 9% of the Revenues

2,735

in FY24

✓ Raw Material prices remained volatile in the last year, the price increase is passed on to the end customers with a lag effect

FY23

Volume Growth

Value Growth

FY24

FY23

Volume Growth

Value Growth

FY24

One off Export Order

*Excluding Other Income ; Note: Rounded off to the nearest whole number

✓ Inspite of the increase in Raw Material are

EBITDA Margins

pressure, maintained consistently ~14%

Profit & Loss Statement

Particulars (₹ in Mn)

Revenue from Operations

Other Income

Total Income

Cost Of Goods Sold

Employee Expenses

Other Expenses

EBITDA

EBITDA Margin (%)

Depreciation

EBIT

EBIT Margin (%)

Finance Cost

Profit before Tax

Profit before Tax(%)

Exceptional Item

Tax

Profit After Tax

PAT Margin (%)

EPS (As per Profit after Tax)

* Standalone Financials

FY22

19,030

345

19,375

10,739

1,595

3,354

3,687

19.0%

585

3,102

16.0%

181

2,921

15.1%

743

2,125

11.0%

45.3

FY23

22,293

402

22,695

12971

1791

3842

4,091

18.0%

578

3,513

15.5%

197

3,316

14.6%

798

2,518

11.1%

53.7

FY24

20,872

375

21,247

12106

1723

4194

3,224

15.2%

550

2,674

12.6%

203

2,471

11.6%

624

1,847

8.7%

39.9

Balance Sheet

Equity & Liabilities (₹ in Mn)

FY22

FY23

FY24

Assets (₹ in Mn)

FY22

FY23

FY24

Equity

Equity Share Capital

Other Equity

Total Equity

Non-Current Liabilities

Financial Liabilities:

i. Borrowing

ii. Lease Liabilities

iii. Other Financial Liabilities

Provisions

Other Non-Current Liabilities

Deferred Tax Liabilities

Total Non-Current Liabilities

Current Liabilities

Financial Liabilities:

i. Borrowings

ii. Lease Liabilities

iii. Trade Payables

iv. Other Financial Liabilities

Other Current Liabilities

Provisions

Total Current Liabilities

Total Equity & Liabilities

* Standalone Financials

9279

9,373

368

417

100

107

1,144

1,747

2,133

620

11315

11,409

11319

11410

414

106

858

1,404

1,921

682

402

100

726

1,631

1,642

528

4,638

15,155

4,131

16,398

3920

16,056

Non-Current Assets Property, plant and equipment Capital Work-in-Progress Other Intangible Assets Investment Property Right Of Use Assets Investment in Subsidiaries Financial Assets: i. Investments ii. Loans iii. Other

Other non-current assets Total Non-Current Assets

Current Assets Inventories Financial Assets:

i. Current Investments ii. Trade Receivable iii. Cash and Cash Equivalents iv. Bank balances other than above v. Loans vi. Other Financial Assets

Other Current assets Current Tax Assets (Net) Total Current Assets Total Assets

4,728 24 5 150 96 109

170 18 123 31

4,512 54 4 136 119 109

180 22 110 175

4,522 187 4 127 92 109

181 45 105 19

5,454

5,421

5,391

4,030

4,223

4,657

207 3,864 35 10 11 59 1,179 306 9,701 15,155

1,061 4,272 35 12 21 2 1,131 220 10,977 16,398

117 4,677 57 13 23 2 944 175 10,665 16,056

Cash Flow Statement

Particulars (₹ in Mn)

Cash Flow from Operating Activities

Profit before Tax

Adjustment for Non-Operating Items

Operating Profit before Working Capital Changes

Changes in Working Capital

Cash Generated from Operations

Less: Direct Taxes paid

Net Cash from Operating Activities

Cash Flow from Investing Activities

Cash Flow from Financing Activities

Net increase/ (decrease) in Cash & Cash equivalent

Add: Cash and cash equivalents as at 1st April

Cash and cash equivalents as at 31st March

FY22

FY23

FY24

2,868

630

3,498

-2,373

1,125

-770

356

-549

188

-6

3,316

472

3,788

-720

3,068

-714

2,354

-1,129

-1,225

2,471

488

2,959

-1096

1,863

-584

1,279

682

-1,939

* Standalone Financials

Rewarding Shareholders

Rewarding Shareholders in the Lead-up to the 50th Anniversary

As Siyaram’s embarks on the pathway to its golden anniversary three years hence, the Board has proposed a special reward for its esteemed shareholders who have been steadfast in their support during the Company’s journey. As part of this process, the Company has announced the issuance of cumulative non-convertible redeemable preference shares (“CNCRPS”) by way of a bonus to all shareholders through a Scheme of Arrangement

• As part of the Scheme, the Company will issue and allot 9% of CNCRPS by bonus in 2 series. • The issue size will be ₹ 318 Cr and will be issued from the general reserves/retained earnings of the Company

• Series I: 4(four) 9% CNCRPS of Rs. 10 each for every 1 equity share of Rs. 2 each fully paid-up

• Series II: 3(three) 9% CNCRPS of Rs. 10 each for every 1 equity share of Rs. 2 each fully paid-up

Series I CNCRPS & Series II CNCRPS will be redeemed at the end of 3rd & 5th year respectively

The CNCRPS will be listed on the NSE/BSE (the stock exchange on which the Company’s equity shares are listed)

The Scheme is subject to statutory, regulatory and other requisite approvals, including from the stock exchanges, National Company Law Tribunal (“NCLT”), shareholders and creditors of the Company

Consistent Returns to Stakeholders since Listing

FY20 ₹ 48.6 Cr Dividend Outlay

FY21 ₹ 21.5 Cr Dividend Outlay

FY22 ₹ 43.1 Cr Dividend Outlay

FY23 ₹ 51.6 Cr Dividend Outlay

FY24 ₹ 108 Cr Buyback (Post Tax) ₹ 49.9 Cr Dividend Outlay

VALUE CREATION FOR SHAREHOLDERS

+Buyback: Rs. 108 Cr

11.0

Robust shareholder returns over the last 15 years

Stock Split 2:10

4.2

4.4

1.4

1.5

1.6

2.0

2.2

3.0

9.2

4.6

8.6

4.0

4.6

FY11

FY12

FY13

FY14

FY15

FY16

FY17

FY18

FY19

FY20

FY21

FY22

FY23*

FY24

70%

75%

80%

100%

110%

150%

210%

220%

430%

230%

460%

550%

Total Dividend (Per Share)

Percentage of Face Value

Special Dividend

* Adjusted for Split prior to FY17

Value creation through stock split in FY17 during which dividend of ₹ 15 (150%) was paid

Dividend paid consistently since listing

Interim dividend of Rs. 3 per equity share of Rs. 2 each in Q3FY25

Key Takeaways

Well Recognized Brand

Debt to Equity

Asset Light Model

Right Portfolio Mix

recognised Well “Coming brand– home to Siyaram” is a well-known tagline in all Indian households

Net Debt to Equity of light 0.10x with asset future strategy expansion

for

Asset-light approach for manufacturing & distribution to enhance ROCE

Well balance range of products, catering to both affordable and luxury segments of consumers

Distribution Network

Targeting the sizeable unorganized, fragmented and under-penetrated market through powerful distribution & franchisee network

Branded Blended Fabric Top player in Branded Polyviscose market in India

Stakeholder Returns

Consistently delivered balanced growth & sustainable value to its stakeholders various strong despite competition

Company :

Siyaram Silk Mills Limited www.siyaram.com

Mr. Surendra Shetty Chief Financial Officer Surendra.shetty@siyaram.com

Investor Relations Advisors :

Orient Capital (a division of Link Group)

Mr. Nikunj Jain +91 9769060608 nikunj.jain@linkintime.co.in

Ms. Mamta Nehra +91 9987903500 Mamta.nehra@linkintime.co.in

THANK YOU

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Siyaram Silk Mills Limited has informed the Exchange about Investor Presentation

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