Tata Consumer and three other companies (TCS, LTM, Siyaram Silk Mills) have set May 25 as the dividend record date. Shareholders of these companies will be eligible for their respective dividends if they are registered by this date. Notably, Tata Consumer is offering a record-high dividend of Rs 10/share since 2009, while TCS offers Rs 110/share and LTM and Siyaram Silk Mills offer Rs 53/share and Rs 4/share respectively.
Siyaram Silk Mills Limited
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Siyaram Silk Mills anticipates a 12% revenue boost by Financial Year 2027, primarily due to an expansion of their retail outlets. They aim to establish 70 new stores nationwide to fuel this growth trajectory.
Siyaram Silk Mills has shared its Q4 financial results, highlighting notable figures for the quarter. Stay tuned for more updates.
Siyaram Silk Mills reported a significant increase in Q4 revenue for the fiscal year 2026, up by 16.1% compared to the previous year, reaching INR 871 crores. The company's EBITDA also saw an improvement of 21%, amounting to INR 152 crores. Net profit (PAT) rose by 30.6% Year-over-Year (YoY) in Q4, while the full-year PAT increased by 15%. The expansion plans include the addition of 27 Zecode and 17 Devo retail outlets.
Siyaram Silk Mills reports a significant increase in Q4 EBITDA, reaching ₹1.33B compared to ₹1.1B in the same quarter last year. This growth is accompanied by an improvement in EBITDA margin, rising from 15.2% to 15.7%.
Siyaram Silk Mills proposes a final dividend of ₹5 per share, signaling their commitment to distribute funds back to their shareholders.
Siyaram Silk Mills has announced that shareholders will receive a dividend of Rs 4 per share, with the record date set for May 25, 2026. This represents a 200% payout on their equity shares, amounting to a total equity value of approximately Rs 9.07 crore.
Siyaram Silk Mills has greenlighted a ₹45 crore residential development project situated in Dombivli, Thane. The new housing complex promises to expand their property portfolio.