Sai Silks (Kalamandir) Limited — Investor Meet, 29-07-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Sai Silks (Kalamandir) reported a strong Q1 FY26, with revenue up 42% YoY to INR 379 Cr and PAT surging 1300% to INR 30 Cr, fueled by a favorable wedding calendar and strong consumer demand. Mature stores delivered 29% same-store sales growth. Management plans 8-10% annual retail square feet expansion, targeting 65,000 sq ft this year, largely funded internally. They introduced 'Valli Silks', a new low-price saree format with compact stores. The company expects 15-20% normalized annual turnover growth and aims for 20% EBITDA margins by FY27, alongside inventory optimization. Management maintains a confident outlook for the ethnic wear market.