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Founded in 1996, Saraswati Saree Depot Limited specializes in the manufacturing and wholesale distribution of women’s apparel.
Saraswati Saree Depot Limited has dispatched letters to shareholders without registered emails, providing web-links to access the 5th AGM notice and FY25-26 Annual Report online.
Saraswati Saree Depot's Q1 FY27 revenue grew 1.9% to ₹147.59 Cr. PAT rose 4.0% to ₹6.61 Cr, but EBITDA fell 13.1% to ₹7.80 Cr, impacted by high procurement costs. Management targets margin restoration, expanding retail presence, and operational efficiency amidst cautious consumer spending.
Saraswati Saree Depot's FY26 revenue rose 4.6% to ₹631.16 Cr, but PAT fell to ₹23.41 Cr due to higher costs. The company remains debt-free with cash up over 50%, focusing on retail expansion and efficiency amidst an expected softer market.
Saraswati Saree Depot's board approved Q3 and nine-month financial results. For the quarter, revenue fell to ₹144.47 Cr (from ₹182.14 Cr) and profit slumped to ₹3.21 Cr (from ₹7.88 Cr). Nine-month revenue grew to ₹497.63 Cr, but profit declined to ₹20.07 Cr.
SSDL's Q3 revenue fell to ₹144.47 Cr due to soft demand, while 9M revenue grew 4.3% to ₹497.63 Cr. Margins compressed from input costs. Retail initiative contributes 1% of sales. Expect Q4 recovery from wedding season.