Saraswati Saree Depot Ltd
Saraswati Saree Depot Limited annouces the Audited Financial results for Q4 & FY26.
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 02 Jun 2026, 09:22 PM IST · BSE ID: 3b0f5922-f70e-4b13-a78b-5de500a3e3c6
View Original BSE Filing (PDF)
💡
In Simple Terms
Saraswati Saree Depot reported increased yearly sales but lower profits for FY26, while strengthening its cash position.
🤖 AI Summary
- FY26 revenue from operations increased 4.6% YoY to ₹631.16 Crore from ₹603.59 Crore in FY25.
- FY26 Profit After Tax (PAT) decreased 23.5% YoY to ₹23.41 Crore from ₹30.58 Crore in FY25.
- Cash and cash equivalents increased over 50% to ₹69.93 Crore as of March 31, 2026.
- The company maintained a debt-free status throughout FY26 and reduced inventory to ₹120.69 Crore.
- Q4 FY26 revenue stood at ₹133.53 Crore, with PAT at ₹3.34 Crore.
🔢 Key Numbers — exact figures from BSE filing, not rounded
FY26 Revenue from Operations
₹631.16 Crore
4.6%
FY26 EBITDA (Excluding Other Income)
₹32.02 Crore
-25.9%
FY26 PAT
₹23.41 Crore
-23.5%
Cash and cash equivalents (as on March 31, 2026)
₹69.93 Crore
Net worth (as on March 31, 2026)
₹194.66 Crore
🏢 How This Affects the Company
The company's wholesale network and supplier base enabled revenue growth despite challenging operating conditions, while a new retail initiative began to build a direct consumer presence.
Full-year revenue increased, but EBITDA and PAT declined. Cash and cash equivalents grew, debt-free status was maintained, and working capital efficiency improved through reduced receivables and inventory.
Sourcing efficiencies were enhanced via the Surat procurement office, and working capital management was tightened, leading to improved collections and inventory optimization.
Management anticipates significantly weaker demand conditions in the coming year, reflecting continued softness in consumer spending and a cautious market environment, impacting near-term profitability.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the reported financial performance, including the 23.7% decrease in EPS to ₹5.89 for FY26.
🔍
Management Signal
Management is focused on driving operational efficiencies, strengthening relationships, expanding product portfolio, and enhancing retail presence to navigate a cautious market environment.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 results — monitor revenue and profitability trends
Updates on retail initiative expansion and performance
Management commentary on consumer spending trends in future calls
MEDIUM RISK
Profitability decline and management's forecast of significantly weaker demand in the coming year pose risks.
💡 Investor Takeaway
Saraswati Saree Depot reported FY26 revenue of ₹631.16 Crore, a 4.6% increase, but PAT declined 23.5% to ₹23.41 Crore. The company strengthened its cash position to ₹69.93 Crore and remained debt-free, while anticipating weaker demand in FY27.
⚖️ Strengths & Concerns
✅ Positives
- Revenue from Operations increased by 4.6% to ₹631.16 Crore in FY26 from ₹603.59 Crore in FY25, demonstrating business resilience.
- Cash and cash equivalents increased by over 50% to ₹69.93 Crore as of March 31, 2026, alongside a debt-free balance sheet.
⚠️ Concerns
- FY26 PAT decreased by 23.5% to ₹23.41 Crore from ₹30.58 Crore in FY25, primarily due to higher procurement costs.
- EBITDA Margin for FY26 declined by 209 basis points to 5.07% from 7.16% in FY25, reflecting pressure on gross margins.
📅 Company Track Record
Saraswati Saree Depot Ltd has a history dating back to 1966 in the saree wholesale business. The Board meeting on May 29, 2026, was scheduled to approve these FY26 audited results.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Saraswati Saree Depot's total revenue from operations for FY26?
Saraswati Saree Depot's revenue from operations for the full year FY26 was ₹631.16 Crore, an increase of 4.6% from ₹603.59 Crore in FY25.
What was Saraswati Saree Depot's Profit After Tax (PAT) for FY26?
The Profit After Tax (PAT) for Saraswati Saree Depot in FY26 was ₹23.41 Crore, a decrease of 23.5% compared to ₹30.58 Crore in FY25.
Did Saraswati Saree Depot maintain a debt-free status in FY26?
Yes, Saraswati Saree Depot maintained its debt-free status throughout the entire fiscal year 2026.
How much cash and cash equivalents did Saraswati Saree Depot have as of March 31, 2026?
As of March 31, 2026, Saraswati Saree Depot's cash and cash equivalents increased to ₹69.93 Crore.
What was Saraswati Saree Depot's revenue for Q4 FY26?
Saraswati Saree Depot's revenue from operations for the fourth quarter (Q4) of FY26 stood at ₹133.53 Crore.
Questions based on this BSE filing only. For information purposes.