Saraswati Saree Depot Limited (SSDL) has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported Revenue from Operations of ₹631.16 crore for the full fiscal year FY26, a 4.6% increase year-on-year. EBITDA for FY26 stood at ₹32.02 crore, with an EBITDA margin of 5.07%, a decrease from ₹43.18 crore and 7.19% in FY25. Profit After Tax (PAT) for FY26 was ₹23.41 crore, with a PAT margin of 3.71%, down from ₹30.58 crore and 5.07% in the previous fiscal year. The decline in profitability was attributed to higher procurement costs impacting gross margins. For the fourth quarter of FY26 (Q4 FY26), Revenue from Operations was ₹133.53 crore. EBITDA for the quarter was ₹4.24 crore, and PAT was ₹3.34 crore, with corresponding margins of 3.17% and 2.50%, respectively. The company maintained its debt-free status, with cash and cash equivalents increasing to approximately ₹69.9 crore as of March 31, 2026. The Chairman highlighted steady progress in FY26 despite a challenging operating environment, with a focus on strengthening business foundations and launching a retail initiative. The MD & CEO emphasized revenue growth driven by the wholesale business and customer engagement, while acknowledging margin pressures. Looking ahead, the company anticipates weaker demand conditions but remains confident in its long-term growth potential, focusing on operational efficiencies, customer and supplier relationships, product portfolio expansion, and enhancing its retail presence.
