SUMMER PROJECT

PROGRESS REPORT NO. 1

ON

MARKET (SECTOR) ANALYSIS OF

FMCG/CONSULTING/RETAIL/LOGISTICS/ITe

tc. INDUSTRY

SUBMITTED TO: SUBMITTED BY:

Name: STUDENT NAME: ABHIJEET KUMAR JHA

Designation: UID: 19BBA1064
Chandigarh University Batch 2019-2022
Location: Gharuan, Mohali
 SIYARAM SILK MILLS Ltd.

CEO: Shrikishan D Poddar

Founder: Ramesh D Poddar

Founded: 29 June 1978,Mumbai,INDIA

Revenue: 522.96 crores INR (US$70 million, 2021)

Net income: 57.83 crores INR (US$7.5 million, 2021)

Total market cap –15.144 bil rs
Shares outstanding-46.87 mi rs

Introduction
Siyaram’s Silk Mills Limited is an ISO 9001:2008 certified company, committed to
creating world-class fabrics for the fashion forward trendsetters.

For four decades now, their bespoke men’s wear fashion has been synonymous with
high quality, continuous innovation and iconic futuristic designs which are local at
heart and international in appeal.

OBJECTIVE
To provide quality products and to be a name, synonymous with high fashion in India
and across the globe
HISTORY
.The Company manufactures synthetic fibres. The Company was incorporated on 29th
June,1978 as a Private Limited Company and was converted into a Public Limited
Company on 16th April 1980. It was promoted by Mahabir Prasad Poddar, Dhara
Prasad Poddar and Purushottamdas S.Mahasaria. 

The Company commenced manufacturing activities in November, 1978.

Siyaram Finance Limited is a subsidiary of the company.

2000 - Oxemberg, the readymade garment division of Siyaram Silk Mills Ltd, the
flagship company, Siyaram Poddar group, has set up a research and
development laboratory equipped with state-of-art technology and imported
machinery.

 The Board has approved the issue of 11,20,368 No. of equity shares at Rs 49
per share aggregating Rs 5.48 crore on preferential allotment basis to th
promoters, their relatives, friends and their group as per the SEBI guidelines
and subject to the approval of members.

2001 - The Company has opened 216 fashion galleries in the Telangana region of
Andhra Pradesh.

2006-Siyaram Silk Mills has given the Bonus in the Ratio of 1:2

2009- Siyaram Silk Mills Ltd has informed BSE that the Board of Directors of the
Company at its meeting held on January 30, 2009, inter alia, has appointed Shri.
Dileep H Shinde and Shri. Pramod Jalan as Additional Directors of the Company in
the capacity of Non Executive and Independent Directors.

2010-The Company has declared Interim Dividend of Rs. 6/- per share on the Equity
shares of Rs. 10/- each (face value) for the financial year 2009-10.

2011-Company has achieved Rs.100 crore turnover in FY 2010-11.

2012-Remuneration Committee have re-appointed Shri Ashok Jalan as Senior

President cum Director.

2013- Board recommended a Dividend of Rs. 75% i.e. Rs. 7.50/- per Equity Share of
Rs. 10/- each.

2014- Board recommended a Dividend of Rs. 8/- per shares (80%).

 FUNDAMENTAL ANALYSIS
FINIANCIAL HIGHLIGHTS OF SIYSIL
EOD Close 318.30

Market Cap 1494.01

EBITDA 53.76

Book Value 163.657

Profit margin 0.0033

Qtr Revenue Growth YOY 0.087

Qtr Earning Growth YOY 1.54

Revenue TTM 1089.25

Gross Profit TTM 377.56

Revenue Per Share TTM 231.24

Face Value 2.00

Enterprise Value 76.85

Outstanding Shares 4.69

Consensus Target 643.64

KEY RATIO OF SIYSIL  

Earning /Share 0.760

Diluted EPS TTM 0.760

PE Ratio 417.9
6

Div / Share 4.60

Div Yield % 1.42

PEG Ratio 0

Trailing PE 417.9
6

Forward PE 0

Price Sales TTM 1.37

Price Book MRQ 1.93

Enterprise Value / Revenue 16.46

Enterprise Value / EBITDA 1.43

Return on Asset TTM -

0.003
4

Return on Equity TTM 0.004

7

 
KEY BALNC SHEET FIELDS  

Period 31_Mar_2021 31-Mar-20 Growth

Common Stock 9.37 9.37 0%

Current 293.16 505.32 41.99 %

Liabilities

Total Liabilities 443.53 724.91 38.82 %

Current Assets 670.12 894.51 25.09 %

Total Assets 1210.49 1486.98 18.59 %

Working capital 376.96 389.18 3.14 %

Accounts 176.31 181.59 2.91 %

Payable

Inventory 254.90 432.44 41.06 %

Net Receivable 261.20 405.56 35.60 %

 
 
KEY CASH FLOW FIELDS  

Period 31_Mar_2021 31_Mar_2020 Growt

h

Cash EPS 6.91 15.10 54.24

%

Cash From -22.35 -27.80 19.60

Investment Activity %

Cash From Financial -306.79 -176.73 73.59

Activity %

Cash Operational 330.12 200.96 64.27

Activity %

Net Cash Flow 0.980 -3.57 127.45

%

NetIncome 3.58 69.25 94.83

%

Capital Expenditure 20.97 45.72 54.13

%

Change To Inventory 174.91 -7.63 2392.4

0%

 
 
 
 

ANNUAL KEY INCOME STATEMENT OF SIYSIL

  
Period 31_Mar_20 31_Mar_2020 Growth
21

Net Income From 3.58 69.25 94.83 %

Continuing Ops

Net Income 3.58 69.25 94.83 %

Operating Income -7.41 102.51 107.23 %

Total Revenue 1089.25 1699.30 35.90 %

Operating Expense 1096.66 1598.35 31.39 %

Interest Expense 29.96 0.278 10676.98

%

Tax Expense -0.110 15.91 100.69 %

Income Before tax 3.47 85.16 95.93 %

Gross Profit 457.20 606.54 24.62 %

Dividend Paid -0.270 -26.88 99.00 %

QUARTELY KEY INCOME STATEMENT OF SIYSIL  

  

Period 31_Mar_202 31_Dec_2020 Growt

1 h

Net Income From Continuing 57.83 27.51 110.21

Ops %

Net Income 57.83 27.51 110.21

%

Operating Income 37.44 35.35 5.91 %

Total Revenue 491.01 382.99 28.20

%

Operating Expense 453.57 347.64 30.47

%

Interest Expense 5.43 6.19 12.28

%

Tax Expense 17.57 10.50 67.33

%

Income Before tax 75.40 38.01 98.37

%

Gross Profit 206.14 162.26 27.04

%

Dividend Paid 0 0 �%

 
 
 
 
  
 
 
 

MARKET SIZE / MARKET SHARE

Siyaram Silk Mills Ltd. was incorporated in the year 1978. Its
today's share price is 318.5. Its current market capitalisation
stands at Rs 1492.81 Cr. In the latest quarter, company has
reported Gross Sales of Rs. 23622.06 Cr and Total Income of
Rs.17321.81 Cr. The company's management includes William
V Fernandes, Chetan Thakkar, Ashok N Desai, Deepak R Shah,
Sachindra Nath Chaturvedi, Mangala Prabhu, Ashok M Jalan,
Gaurav P Poddar, Shrikishan D Poddar, Pawan D Poddar,
Ramesh D Poddar, Ramesh D Poddar.

It is listed on the BSE with a BSE Code of 503811 , NSE with

an NSE Symbol of SIYSIL and ISIN of INE076B01028. It's
Registered office is at H-3/2, M I D C,A-road,Tarapur,
BoisarThane Dist-401506, Maharashtra. Their Registrars are
ACC Ltd. It's auditors are Jayantilal Thakkar & Co, Songira &
Associates

Growth Analysis of Siyaram Silk Mills Limited ( 503811 | IND)

The Growth Score is a relevant measure for the assessment of a
stock attractiveness. Siyaram Silk Mills Limited shows a
Growth Score of 5.00.
The Growth Score for Siyaram Silk Mills Limited is
significantly higher than its peer group's. This means that
Siyaram Silk Mills Limited has a significantly higher growth
than its peer group.
 SWOT ANALYSIS

STRENGTH

WEAKNESS
OPPORTUNITIES

THREATS