What we do Siyaram Silk Mills Ltd manufactures, brands, and markets fabrics, readymade garments, and yarns under strong brands like Siyaram's, Oxemberg, and Cadini. |
Founded in 1,978 |
Market share Leading player in Indian apparel and textile sector with wide presence in fabrics, readymade garments, and retail apparel. |
Problem solved Provides high-quality, innovative fabrics and ready-to-wear menswear catering to evolving fashion needs across urban and tier II/III markets. |
Top clients or who we serve B2B and B2C customers including menswear retailers, franchises, and direct consumers across India and exports markets. |
Key management Ramesh D. Poddar (Chairman & Managing Director) with decades of industry experience drives strategic growth and innovation. |
Our journey and innovations Since 1978, expanded manufacturing capacity, launched iconic brands, acquired Italian brand Cadini, set up integrated plants, and pioneered retail expansion. |
Where we operate Pan-India across major cities; exports to USA, Europe, Australia, Far East, Gulf, and Sri Lanka; subsidiaries in Italy. |
Top products or what we offer Produces polyester blended worsted fabrics, readymade garments including shirts and trousers, ethnic wear, knitwear, and indigo dyed yarns. |
Top brands Siyaram's (trusted suiting fabrics), Oxemberg (garments), Cadini (premium fabrics/perfumes), J.Hampstead, Mistair, ZECODE (fast fashion), DEVO (ethnic wear). |
Raw materials needed Polyester, viscose, cotton, wool, linen, bamboo, yarns for fabric manufacturing and garment production. |
Raw materials supplier Multiple textile raw material suppliers domestically and internationally; key focus on quality blends. |
Recurring vs cyclical contribution Revenue is a mix; fabric and garment sales have cyclical elements driven by fashion cycles, festivals, and seasons. |
Our industry position Among top textile and apparel companies with strong brand presence and expanding retail footprint in India. |
Financial highlights FY25 revenue approximately ₹2222 crore with net profit of ₹197 crore, registering 8% growth; robust EBITDA and consistent dividends. |
Geographical revenue split Majority from domestic markets; around 9% revenue from exports primarily to western and gulf countries. |
Order book - |
Whats driving growth Retail expansion, new brand launches (ZECODE, DEVO), operational efficiency, and investment in modern looms and stitching machines. |
Our future plans Focus on scaling retail stores, deeper market penetration in fast fashion and ethnic wear, and leveraging e-commerce. |
Our green promise ISO 14001 certified, environmental initiatives in manufacturing, dedicated CSR activities for community welfare. |
Our people and values Maintains agile, diverse workforce driving innovation and operational excellence; zero tolerance policy on workplace harassment. |
Key challenges ahead Managing fashion industry cyclicality, competition from large brands, raw material price volatility, and regulatory compliance. |
Interesting facts Set Guinness World Record for online textile event; diversified into perfumes; continuous capacity expansions since inception. |
Risks and strategy Risks include market fluctuations and input cost rises; mitigated through innovation, diversification, and strong financial controls. |
