Recent Price Movement and Market Context
On 12 January 2026, Saraswati Saree Depot Ltd’s share price fell by 1.84%, closing at Rs.72.65, which is the lowest level ever recorded for the stock. This decline outpaced the broader Sensex index’s modest drop of 0.46% on the same day. The stock has been on a downward trajectory for four consecutive trading sessions, cumulatively losing 7.57% in value during this period. Notably, the share price has traded within a narrow range of just Rs.0.15 today, indicating limited intraday volatility despite the downward pressure.
The stock’s underperformance is further emphasised when compared to its sector peers. While the Retailing sector has gained 2.45% recently, Saraswati Saree Depot Ltd has lagged behind, underperforming the sector by 3.97% on the day. Additionally, the stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling a sustained bearish trend.
Long-Term and Short-Term Performance Analysis
Over the past year, Saraswati Saree Depot Ltd has delivered a negative return of 40.79%, a stark contrast to the Sensex’s positive 7.51% gain over the same period. The stock’s performance over the last three months has also been disappointing, with a decline of 16.86% compared to the Sensex’s 0.84% rise. Year-to-date, the stock has fallen 5.70%, underperforming the Sensex’s 2.38% decline.
Examining a longer horizon, the stock has shown no appreciable growth over three, five, and ten-year periods, with returns flat at 0.00%. This is in sharp contrast to the Sensex, which has delivered returns of 38.75%, 68.01%, and 237.06% respectively over these time frames. The company’s underperformance relative to the BSE500 index over the last three years, one year, and three months further underscores the subdued market sentiment surrounding the stock.
Fresh entry alert! This Small Cap from Electronics & Appliances sector is already turning heads in our Top 1% club. Get ahead of the market now!
- - New Top 1% entry
- - Market attention building
- - Early positioning opportunity
Financial Metrics and Valuation
Despite the stock’s price decline, Saraswati Saree Depot Ltd maintains a high dividend yield of 5.03% at the current price level, which is notable within the Garments & Apparels sector. The company’s return on equity (ROE) stands at a robust 16.84%, reflecting efficient management of shareholder capital. This efficiency is further supported by a low average debt-to-equity ratio of zero, indicating a debt-free capital structure.
Recent quarterly results for September 2025 show the company achieved its highest net sales at Rs.208.39 crores, with PBDIT reaching Rs.14.06 crores and profit before tax excluding other income at Rs.12.36 crores. These figures suggest operational profitability despite the stock’s market struggles.
The company’s valuation remains attractive with a price-to-book value ratio of 1.5, which is considered reasonable given the sector and the company’s financial profile. However, the stock’s Mojo Score of 53.0 and a Mojo Grade of Hold, upgraded from Sell on 11 November 2025, indicate a cautious stance on the stock’s near-term prospects.
Growth Trends and Sector Comparison
Over the last five years, Saraswati Saree Depot Ltd has experienced modest growth, with net sales increasing at an annual rate of just 1.00% and operating profit growing at 6.45%. These figures point to limited expansion in the company’s core business activities. The stock’s performance has been below par both in the short and long term, underperforming the BSE500 index and the broader market consistently.
The majority shareholding remains with the promoters, which often provides stability in governance but has not translated into significant share price appreciation in this case.
Holding Saraswati Saree Depot Ltd from Garments & Apparels? See if there's a smarter choice! SwitchER compares it with peers and suggests superior options across market caps and sectors!
- - Peer comparison ready
- - Superior options identified
- - Cross market-cap analysis
Summary of Market Position
Saraswati Saree Depot Ltd’s stock has reached an unprecedented low, reflecting a combination of subdued growth, underwhelming returns, and market sentiment challenges. While the company demonstrates financial discipline and profitability, these factors have not been sufficient to support the share price in recent times. The stock’s consistent underperformance relative to the Sensex and sector benchmarks over multiple time frames highlights the severity of the current situation.
Investors and market participants will note the divergence between the company’s operational results and its market valuation, underscoring the complex dynamics at play within the Garments & Apparels sector and the broader market environment.
Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →
