SSDL delivered robust Q2 & H1 FY26 financial results. **Business Performance:** Q2 revenue jumped 26.5% YoY to ₹208.39 Cr, with PAT up 9.9% to ₹10.51 Cr.
For H1, revenue grew 19.7% YoY to ₹353.16 Cr, and PAT increased 7.6% to ₹16.86 Cr.
This growth was driven by volume, healthy traction in the Utsav segment, and an early festive season. **Growth Drivers/Strategy:** The company is focused on strengthening profitability, improving return metrics, and creating long-term value for stakeholders.
Key initiatives include expanding its product portfolio and customer engagement, alongside enhancing retail presence and strengthening its supply chain. **Recent Developments:** An encouraging pilot project in the men's ethnic wear category is underway.
A new Surat purchase office (25,000 sq ft) was opened to optimize costs.
The Kolhapur store continues to perform well, meeting expectations. **Key Financial Metrics:** SSDL remains debt-free with a net worth of ₹188.70 Cr and cash and cash equivalents of ₹31.32 Cr.
Q2 Basic EPS was ₹2.65, while H1 Basic EPS stood at ₹4.25. **Management Outlook:** Management highlights the business's resilience, sustained consumer demand, and plans for profitable scale-up and continued investments in growth.
The organized saree sector is projected for a strong 9-10% CAGR growth.
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