**1. Business Performance:** SSDL delivered FY26 revenue of ₹631.16 Cr (+4.6% YoY), showing strong wholesale resilience.

Profitability faced pressure from higher procurement costs: FY26 PAT at ₹23.41 Cr, EBITDA ₹32.02 Cr (5.07% margin). Q4 revenue was ₹133.53 Cr. **2. Growth Drivers & Strategy:** Strategic moves include a new retail initiative for direct consumer engagement and leveraging the Surat office for sourcing efficiency.

Focus on product mix improvement & operational efficiency. **3. Recent Developments:** FY26 saw a new retail initiative launch.

SSDL maintained a debt-free balance sheet, boasting ₹69.9 Cr in cash & equivalents.

A 25,000 sq ft Surat purchase office was also established. **4. Key Financial Metrics:** FY26 Revenue: ₹631.16 Cr (+4.6% YoY) | PAT: ₹23.41 Cr | EBITDA Margin: 5.07% | EPS: ₹5.89 | Cash & Eq: ₹69.9 Cr. **5. Management Outlook:** Near-term demand may be soft, but management is optimistic about long-term growth from organized saree market formalization.

SSDL plans retail expansion, product diversification, and operational optimization.

Industry projected to hit ₹65,000-67,500 Cr by FY29.