Saraswati Saree

What does Saraswati Saree do?

Saraswati Saree Depot Ltd is a micro-cap company in the Garments & Apparels industry, incorporated in 2021 and converted to a public limited company in 2023. As of March 2025, it reported net sales of 136 Cr and a net profit of 7 Cr, with a market cap of Rs 395 Cr.

Overview: <BR>Saraswati Saree Depot Ltd is a company operating in the Garments & Apparels industry within the Micro Cap market-cap bracket.<BR><BR>History: <BR>Saraswati Saree Depot Ltd was incorporated in 2021 as "Saraswati Saree Depot Private Limited" and later converted to a Public Limited company, changing its name to "Saraswati Saree Depot Limited" in March 2023. The most recent quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 136 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 7 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 395 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 13.00 <BR>Industry P/E: 99 <BR>Dividend Yield: 3.68% <BR>Debt Equity: -0.18 <BR>Return on Equity: 17.19% <BR>Price to Book: 2.24 <BR><BR>Contact Details: <BR>Details: No Company Details Available <BR>Registrar Address: Not available.

Has Saraswati Saree declared dividend?

Yes, Saraswati Saree Depot Ltd has declared a 15% dividend, amounting to 1.5 per share, with an ex-date of April 9, 2025. However, the company has experienced a significant decline in performance, with a total return of -26.5% over the last six months and no gains in longer-term periods.

Saraswati Saree Depot Ltd has declared a 15% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 15%<BR>- Amount per share: 1.5<BR>- Ex-date: 09 Apr 25<BR><BR>Dividend Yield: 3.68%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -29.16%, the dividend return was 2.66%, resulting in a total return of -26.5%.<BR><BR>For the 1-year period, there was no price return or dividend return, leading to a total return of 0.0%.<BR><BR>Over the 2-year period, there were no changes in price or dividends, resulting in a total return of 0.0%.<BR><BR>In the 3-year period, the price and dividend returns remained unchanged, resulting in a total return of 0.0%.<BR><BR>For the 4-year period, there were no returns from price or dividends, leading to a total return of 0.0%.<BR><BR>In the 5-year period, the price and dividend returns were both zero, resulting in a total return of 0.0%.<BR><BR>Overall, while Saraswati Saree has declared a dividend, the total returns over various periods indicate a significant decline in performance over the last six months, with no gains observed in the longer-term periods.

Who are the peers of the Saraswati Saree?

Peers of Saraswati Saree include Trent, Page Industries, K P R Mill Ltd, and Vedant Fashions, among others. Management risk varies from excellent to below average across these companies, with K P R Mill Ltd showing the highest 1-year return at 41.32%.

Peers: The peers of Saraswati Saree are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, VIP Clothing, T T, DCM Nouvelle, Axita Cotton, and Vardhman Acrylic.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent, Saraswati Saree, and Axita Cotton. Average management risk is noted at Trident and Vardhman Acrylic, while Below Average management risk is present at VIP Clothing, T T, DCM Nouvelle, and the rest. Growth is Excellent at K P R Mill Ltd, while Good growth is seen at Trent and Saraswati Saree. Below Average growth is found at Page Industries, Vedant Fashions, Trident, VIP Clothing, T T, DCM Nouvelle, Axita Cotton, and Vardhman Acrylic.<BR><BR>Return Snapshot: K P R Mill Ltd has the highest 1-year return at 41.32%, while Vedant Fashions has the lowest at -24.57%, with Saraswati Saree's 1-year return being not available for comparison. Additionally, the six-month return is negative for Saraswati Saree, Vedant Fashions, Trident, Axita Cotton, and DCM Nouvelle.

Is Saraswati Saree overvalued or undervalued?

As of September 10, 2024, Saraswati Saree is considered undervalued with a PE ratio of 12.93 and an EV to EBITDA ratio of 8.64, making it attractive compared to peers like Avenue Supermarts and Trent, which are classified as very expensive.

As of 10 September 2024, the valuation grade for Saraswati Saree has moved from very expensive to very attractive, indicating a significant shift in its perceived value. The company is currently deemed undervalued, with a price-to-earnings (PE) ratio of 12.93, an EV to EBITDA ratio of 8.64, and a dividend yield of 3.71%. These ratios suggest that Saraswati Saree is positioned favorably compared to its peers.<BR><BR>In comparison, Avenue Supermarts Ltd. and Trent Ltd. are both classified as very expensive, with PE ratios of 100.87 and 132.74, respectively. This stark contrast highlights Saraswati Saree's relative attractiveness in the market. Additionally, while the stock has recently outperformed the Sensex over the past week and month, it has seen a decline year-to-date, suggesting potential for recovery as the market reassesses its value.

What is the technical trend for Saraswati Saree?

As of June 2, 2025, Saraswati Saree's technical trend has shifted to mildly bullish, supported by positive signals from the MACD, Bollinger Bands, and Dow Theory.

As of 2 June 2025, the technical trend for Saraswati Saree has changed from mildly bearish to mildly bullish. The weekly MACD indicates a mildly bullish stance, supported by the Bollinger Bands also showing bullish signals. The Dow Theory confirms this with a mildly bullish outlook on both weekly and monthly time frames. The On-Balance Volume (OBV) aligns with this sentiment, indicating a mildly bullish trend as well. Overall, the current technical stance is mildly bullish, driven primarily by the positive signals from MACD, Bollinger Bands, and Dow Theory.

Who are the top shareholders of the Saraswati Saree?

The top shareholders of Saraswati Saree include promoter Rajesh Sujandas Dulhani with 10.45%, individual investors holding 23.14%, and 8 Foreign Institutional Investors with 0.17%. There are no mutual funds invested and no pledged promoter holdings.

The top shareholders of Saraswati Saree primarily include its promoters, with Rajesh Sujandas Dulhani being the promoter with the highest holding at 10.45%. Additionally, individual investors collectively hold 23.14% of the company's shares. There are also 8 Foreign Institutional Investors (FIIs) that hold a small portion, accounting for 0.17%. Notably, there are no mutual funds currently invested in the company, and there are no pledged promoter holdings.

How big is Saraswati Saree?

As of 24th July, Saraswati Saree Depot Ltd has a market capitalization of 386.00 Cr, with recent net sales of 613.61 Cr and a net profit of 30.58 Cr. The company reported shareholder's funds of 64.91 Cr and total assets of 205.72 Cr for the annual period ending March 2024.

As of 24th July, Saraswati Saree Depot Ltd has a market capitalization of 386.00 Cr, which classifies it as a Micro Cap company.<BR><BR>In the latest four quarters, Saraswati Saree reported Net Sales of 613.61 Cr and a Net Profit of 30.58 Cr.<BR><BR>For the latest annual period ending in March 2024, the company had Shareholder's Funds amounting to 64.91 Cr and Total Assets of 205.72 Cr.

When is the next results date for Saraswati Saree?

The next results date for Saraswati Saree is 14 November 2025.

The next results date for Saraswati Saree is scheduled for 14 November 2025.

Are Saraswati Saree latest results good or bad?

Saraswati Saree Depot's latest results show a 29.15% increase in Profit After Tax to Rs 13.38 crore, indicating positive profitability. However, net sales declined by 5.6% and Earnings per Share fell to Rs 1.60, leading to a mixed outlook and a current stock rating of 'Hold.'

Saraswati Saree Depot's latest financial results present a mixed picture. On one hand, the company reported a Profit After Tax (PAT) of Rs 13.38 crore, which is a year-on-year growth of 29.15%. This indicates a positive trend in profitability, suggesting a favorable near-term outlook for earnings.<BR><BR>However, the company has faced challenges in terms of net sales, which totaled Rs 144.77 crore for the quarter, reflecting a decline of 5.6% compared to the average net sales over the previous four quarters. This downward trend in sales is concerning. Additionally, the Earnings per Share (EPS) has fallen to Rs 1.60, marking the lowest level in the last five quarters, which indicates declining profitability for shareholders.<BR><BR>Overall, while the growth in PAT is a positive sign, the decline in net sales and EPS suggests that the results are not entirely favorable. The stock is currently rated as a 'Hold,' indicating that investors may want to wait for clearer signals before making decisions.

How has been the historical performance of Saraswati Saree?

Saraswati Saree has shown steady growth in net sales and profit over the past three years, with net sales increasing from 601.89 Cr in Mar'23 to 613.61 Cr in Mar'25, and profit after tax rising from 22.97 Cr to 30.58 Cr in the same period, despite a slight decrease in earnings per share. However, cash flow from operating activities turned negative in Mar'24.

Answer:<BR>The historical performance of Saraswati Saree shows a steady growth in net sales and profit over the past three years.<BR><BR>Breakdown:<BR>Saraswati Saree's net sales increased from 601.89 Cr in Mar'23 to 610.90 Cr in Mar'24, and further to 613.61 Cr in Mar'25. Total operating income followed the same trend, reaching 613.61 Cr in Mar'25, up from 601.89 Cr in Mar'23. The total expenditure, excluding depreciation, also rose slightly from 567.84 Cr in Mar'23 to 571.46 Cr in Mar'25. Operating profit (PBDIT) showed significant improvement, increasing from 34.05 Cr in Mar'23 to 46.55 Cr in Mar'25, while profit before tax rose from 30.87 Cr in Mar'23 to 40.82 Cr in Mar'25. Profit after tax also saw a positive trend, climbing from 22.97 Cr in Mar'23 to 30.58 Cr in Mar'25. The earnings per share (EPS) decreased slightly from 8.92 in Mar'24 to 7.72 in Mar'25, despite the overall profit growth. The company's total liabilities increased from 188.85 Cr in Mar'23 to 205.72 Cr in Mar'24, while total assets rose from 188.85 Cr in Mar'23 to 205.72 Cr in Mar'24. Cash flow from operating activities turned negative in Mar'24 at -8.00 Cr, compared to a positive 35.00 Cr in Mar'23, leading to a net cash outflow of 9.00 Cr in Mar'24.

Should I buy, sell or hold Saraswati Saree?

Why is Saraswati Saree Depot Ltd falling/rising?

As of 28-Jan, Saraswati Saree Depot Ltd's stock price is declining, currently at 66.20, with a total decline of -8.5% over the last seven days. The stock has significantly underperformed against the Sensex and the retail sector, indicating a bearish trend and declining investor participation.

As of 28-Jan, Saraswati Saree Depot Ltd's stock price is falling, currently at 66.20, which reflects a change of -0.68 (-1.02%). The stock has been on a downward trend, having lost value for the last seven consecutive days, resulting in a total decline of -8.5% during this period. Additionally, the stock has underperformed compared to the retail sector, which has gained by 2.07%. <BR><BR>In terms of performance metrics, the stock has significantly underperformed against the benchmark Sensex, with a one-week decline of -4.22% compared to the Sensex's gain of +0.53%. Over the past month, the stock has decreased by -15.32%, while the Sensex has only fallen by -3.17%. Year-to-date, the stock is down -13.79%, again contrasting with the Sensex's smaller decline of -3.37%. Over the past year, the stock has plummeted by -40.87%, while the Sensex has risen by +8.49%.<BR><BR>The stock is also trading below its moving averages across various time frames, indicating a bearish trend. Furthermore, it is close to its 52-week low, being only 1.81% away from that level. Investor participation appears to be declining, as evidenced by a significant drop in delivery volume, which fell by -32.08% compared to the five-day average. <BR><BR>Despite a high dividend yield of 5.48%, these negative factors contribute to the stock's current downward trajectory.

Which are the latest news on Saraswati Saree?