Sai Silks (Kalamandir) Limited is an India-based retail textile company. The Company is engaged in the business of buying and selling textiles and textile articles through retail and departmental store facilities. It offers party wear, casual attire, sarees, lehengas, and dress materials. The Company is a retailer of ethnic clothing, especially sarees. It sells sarees under the brands Kalamandir, Mandir, Kancheepuram Varamahalakshmi Silks, and KLM Fashion Mall. The Company’s product line includes bridal silk sarees, Fancy Sarees, Embroidery Sarees, Banaras, Coimbatore, Kotas, Kanchi Sarees, Dharmavarams, Kanjeevarams, Aranis, Uppadas, Gadwal Sarees, Chanderi, Venkatagiri Sarees, Mysore Saree, Ikkat Sarees, Kuppadam Sarees, Handlooms, Dress Materials, and Readymades. It also offers a range of ethnic wear for men and kids. The Company has approximately 68 retail outlets spread in 20 cities across Andhra Pradesh, Telangana, Karnataka, and Tamil Nadu.
SAI SILKS (KALAMANDIR) L Financial Highlights
- Revenue: SAI SILKS (KALAMANDIR) L reported revenue of ₹1,140.18 crore in FY22 vs ₹681.46 crore in FY21. It showed an increase of 67.31% on a yearly basis.
- Operating Profit: SAI SILKS (KALAMANDIR) L reported an operating profit of ₹74.67 crore in FY22 vs ₹8.33 crore in FY21. It showed an increase of 796.40% on a year-on-year basis.
- Net Profit: SAI SILKS (KALAMANDIR) L reported a net profit of ₹54.41 crore in FY22 vs ₹5.94 crore in FY21. It showed an increase of 815.99% on a yearly basis.