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 Depot Ltd?

Why is Saraswati Saree Depot Ltd falling/rising?

As of 17-Mar, Saraswati Saree Depot Ltd's stock price is declining, currently at 55.67, with a total drop of -7.89% over the last four days and -37.48% over the past year. The stock is underperforming due to poor financial metrics and reduced investor interest, trading below its moving averages across multiple time frames.

As of 17-Mar, Saraswati Saree Depot Ltd's stock price is falling, currently at 55.67, reflecting a change of -0.64 (-1.14%). The stock has been on a downward trend, having lost value for the last four consecutive days, resulting in a total decline of -7.89% during this period. This decline is further evidenced by the stock's performance over various time frames, showing a significant drop of -16.72% over the past month and a staggering -37.48% over the past year.<BR><BR>The stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Additionally, there has been a decrease in investor participation, with delivery volume falling by -6.51% compared to the 5-day average, suggesting reduced interest from investors.<BR><BR>Financial performance metrics also contribute to the stock's decline. The company has shown poor long-term growth, with net sales growing at an annual rate of only 1.00% and operating profit at 6.45% over the last five years. Recent financial results indicate a significant drop in profit before tax, which has fallen by -67.4% compared to the previous four-quarter average, and a decline in net sales by -14.0%. Furthermore, the stock's returns have underperformed against benchmarks like the BSE500 over the last three years, one year, and three months.<BR><BR>Overall, the combination of declining stock performance, poor financial metrics, and reduced investor interest are key factors contributing to the falling price of Saraswati Saree Depot Ltd.

Why is Saraswati Saree Depot Ltd falling/rising?

As of 18-Mar, Saraswati Saree Depot Ltd's stock price is currently at Rs 57.53, showing a 3.32% increase today after a trend reversal. However, the stock has a poor long-term performance with a -37.47% return over the past year and significant declines in quarterly profits and sales.

As of 18-Mar, Saraswati Saree Depot Ltd's stock price is rising, currently at Rs 57.53, reflecting an increase of Rs 1.85 or 3.32%. This upward movement follows a trend reversal after four consecutive days of decline, indicating a potential shift in investor sentiment. The stock has outperformed its sector by 1.69% today and reached an intraday high of Rs 58.43, which is a 4.94% increase.<BR><BR>Despite this positive performance today, the stock has faced significant challenges over the longer term. Over the past year, it has generated a return of -37.47%, which is substantially lower than the BSE500 index. Additionally, the stock's performance over the last month and year-to-date shows declines of -15.78% and -25.08%, respectively. The company's financial health is also concerning, with a notable drop in quarterly profits, as evidenced by a -59.6% fall in PAT and a -14.0% decline in net sales compared to previous quarters.<BR><BR>Furthermore, the stock is trading below its moving averages across various time frames, indicating a bearish trend. The delivery volume has also decreased significantly, falling by -42.36% against the 5-day average, suggesting reduced investor participation. While the company exhibits high management efficiency and a low debt-to-equity ratio, these factors are overshadowed by its poor long-term growth metrics, including a mere 1.00% annual growth in net sales over the last five years.<BR><BR>In summary, while the stock is experiencing a rise today, the broader context of its long-term performance and recent financial results indicates ongoing challenges that investors should consider.

Why is Saraswati Saree Depot Ltd falling/rising?

As of 19-Mar, Saraswati Saree Depot Ltd's stock price is at 57.19, reflecting a decline of 0.59%. The stock has significantly underperformed the Sensex, with year-to-date and annual declines of 25.52% and 38.42%, respectively, indicating a bearish trend.

As of 19-Mar, Saraswati Saree Depot Ltd's stock price is falling, currently at 57.19, which reflects a decrease of 0.34 or 0.59%. The stock has underperformed compared to the benchmark Sensex, with a 1-week decline of 3.51% versus the Sensex's 2.40% drop. Over the past month, the stock has decreased by 12.31%, while the Sensex fell by 10.05%. Year-to-date, the stock has seen a significant decline of 25.52%, compared to a 12.92% decrease in the Sensex. Over the past year, the stock has dropped by 38.42%, while the Sensex has only declined by 1.65%. <BR><BR>Additionally, the stock is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Despite a slight increase in delivery volume by 4.43% on March 18, the overall performance suggests that investor sentiment remains negative, contributing to the stock's decline.

Why is Saraswati Saree Depot Ltd falling/rising?

As of 20-Mar, Saraswati Saree Depot Ltd's stock price is rising to 57.26, driven by a 1.67% increase and stronger investor participation. However, the stock has underperformed over the past year and shows weak long-term growth, raising concerns about its overall performance.

As of 20-Mar, Saraswati Saree Depot Ltd's stock price is rising, currently at 57.26, with a change of 0.94 (1.67%) upward. This increase can be attributed to a few key factors. Firstly, the stock has outperformed its sector today by 2.43%, indicating a relative strength compared to its peers. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 15.39% against the 5-day average, suggesting growing interest among investors.<BR><BR>However, it is important to note that despite the current rise, the stock has been underperforming over longer periods. For instance, it has generated a return of -38.10% over the past year and has also shown poor long-term growth, with net sales growing at an annual rate of only 1.00% over the last five years. Furthermore, key financial metrics such as profit before tax (PBT) and net sales have seen significant declines in recent quarters, which raises concerns about the company's overall performance.<BR><BR>While the stock is experiencing a short-term rise, the long-term outlook remains challenging due to these underlying issues.

Why is Saraswati Saree Depot Ltd falling/rising?

As of 23-Mar, Saraswati Saree Depot Ltd's stock price is at Rs 54.45, reflecting a significant decline of 29.09% year-to-date and 42.38% over the past year, underperforming the benchmark Sensex. The stock's bearish trend is supported by disappointing financial results and decreased investor participation.

As of 23-Mar, Saraswati Saree Depot Ltd's stock price is falling, currently at Rs 54.45, which reflects a decrease of Rs 2.34 or 4.12%. The stock has underperformed significantly over various time periods, with a year-to-date decline of 29.09% compared to a 14.70% drop in the benchmark index, Sensex. Over the past year, the stock has plummeted by 42.38%, while the Sensex has only decreased by 5.47%.<BR><BR>Today's performance indicates a continuation of this downward trend, as the stock opened with a loss of 2.01% and reached an intraday low of Rs 54.11, marking a 4.72% decline. Additionally, the stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a bearish sentiment among investors.<BR><BR>The company's financial performance has also been disappointing, with a significant drop in profit after tax (PAT) of 59.6% compared to the previous quarter's average and a 14.0% decline in net sales. This poor financial performance, combined with a long-term growth rate of only 1.00% in net sales and 6.45% in operating profit over the last five years, contributes to the negative outlook for the stock.<BR><BR>Moreover, there has been a notable decrease in investor participation, with delivery volume falling by 17.95% against the 5-day average, indicating reduced interest in the stock. The overall action in the retailing sector has also been negative, with a decline of 2.94%. These factors collectively explain why Saraswati Saree Depot Ltd's stock is currently experiencing a decline.

Why is Saraswati Saree Depot Ltd falling/rising?

As of 24-Mar, the stock price of Saraswati Saree Depot Ltd is Rs 54.26, reflecting a 0.17% decrease. The stock has significantly underperformed, with a year-to-date drop of 29.34% and is currently near its 52-week low, indicating a bearish trend and weak investor sentiment.

As of 24-Mar, the stock price of Saraswati Saree Depot Ltd is falling, currently at Rs 54.26, which reflects a decrease of Rs 0.09 or 0.17%. The stock has been on a downward trend, having underperformed the sector by 3.32% today and experiencing a consecutive fall over the last two days, resulting in a total decline of 4.91% during this period. <BR><BR>In terms of broader performance, the stock has shown significant declines over various time frames, with a year-to-date drop of 29.34% compared to a 13.09% decline in the Sensex. Over the past month, the stock has decreased by 14.05%, which is notably worse than the Sensex's 9.92% decline. Furthermore, the stock is currently trading lower than its moving averages across multiple time frames, indicating a bearish trend.<BR><BR>Additionally, the stock is close to its 52-week low, being only 2.78% away from Rs 52.5. Despite a rise in delivery volume by 12.75% against the 5-day average, the overall performance and the negative returns suggest that investor sentiment remains weak, contributing to the stock's decline.

Why is Saraswati Saree Depot Ltd falling/rising?

As of 25-Mar, Saraswati Saree Depot Ltd's stock price is at Rs 54.11, reflecting a decline of 0.28% and a total drop of 4.72% over the past three days. The stock has underperformed significantly over the past year, with a 39.88% decline, driven by disappointing financial results and declining investor interest.

As of 25-Mar, Saraswati Saree Depot Ltd's stock price is falling, currently at Rs 54.11, reflecting a decrease of Rs 0.15 or 0.28%. This decline is part of a broader trend, as the stock has been losing value for the past three days, resulting in a total drop of 4.72% during this period. Over the past week, the stock has underperformed significantly, with a decline of 5.94%, compared to a smaller drop of 1.87% in the Sensex.<BR><BR>The stock's performance has been poor over longer periods as well, with a year-to-date decline of 29.54% and a staggering 39.88% drop over the past year. This underperformance is compounded by the fact that the stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.<BR><BR>Additionally, the company has reported disappointing quarterly results, with a significant fall in profit after tax of 59.6% compared to the previous quarter's average, and net sales down by 14.0%. This poor financial performance, combined with a lack of investor participation—evidenced by a 13.58% drop in delivery volume against the 5-day average—further contributes to the stock's decline. <BR><BR>While there are some positive factors, such as high management efficiency and a low debt-to-equity ratio, these have not been sufficient to offset the negative sentiment surrounding the stock's long-term growth prospects, which have been hindered by minimal sales growth and declining profits. Overall, the combination of recent poor performance, negative financial results, and declining investor interest is driving the stock price of Saraswati Saree Depot Ltd lower.

Which are the latest news on Saraswati Saree?