Saraswati Saree Depot Reports 27% Revenue Growth in Q2 FY26
Filing Summary
Saraswati Saree Depot Ltd. announced its unaudited financial results for Q2 and H1 FY26, reporting a 27% year-over-year increase in revenue from operations to Rs. 208 Crore. The company’s EBITDA rose by 14% to Rs. 14 Crore, while PAT increased by 10% to Rs. 11 Crore. The results reflect strong sales during the Utsav and early festival season. The company continues to focus on volume growth and operational efficiency. Saraswati Saree Depot, a key player in the saree wholesale market, has been expanding its product range since 2017.
Saraswati Saree Depot Ltd. has released its unaudited financial results for the second quarter and half-year ending September 30, 2025. The company reported a significant increase in its financial performance for Q2 FY26, with Revenue from Operations reaching Rs. 208 Crore, marking a 27% increase from Rs. 165 Crore in Q2 FY25. The EBITDA for the quarter rose by 14% to Rs. 14 Crore, while the Profit After Tax (PAT) increased by 10% to Rs. 11 Crore.
For the half-year period, the company reported Revenue from Operations of Rs. 353 Crore, a 20% increase from Rs. 295 Crore in H1 FY25. The EBITDA for H1 FY26 was Rs. 23 Crore, up 14% from Rs. 20 Crore in the previous year. The PAT for the half-year period rose by 8% to Rs. 17 Crore. The EPS for Q2 FY26 stood at Rs. 2.65, while for H1 FY26, it was Rs. 4.25.
The company’s performance in Q2 FY26 was driven by strong sales during the Utsav and early festival season. The EBITDA Margin for Q2 FY26 was 6.75%, a decrease of 73 basis points from the previous year. The PAT Margin stood at 5.04%, down 77 basis points from Q2 FY25. The company attributed the decrease in margins to higher depreciation costs.
Saraswati Saree Depot Ltd. has been focusing on expanding its product range and increasing volume growth. The company has a strong presence in the saree wholesale market and has been diversifying its offerings since 2017 to include ready-made garments such as Kurtis, bottoms, and dresses. The company sources its products from over 9000 weavers and suppliers across India, maintaining strong relationships with manufacturers in key hubs like Surat, Varanasi, and Kolkata.
The company continues to implement its strategic priorities, focusing on operational efficiency and disciplined financial management. Saraswati Saree Depot Ltd. aims to strengthen its profitability and improve return metrics while expanding into new opportunities. The company has also initiated a pilot project in the men’s ethnic wear category, which is currently in its early stages.
Saraswati Saree Depot Ltd. is a prominent player in the B2B saree wholesale segment, with a history dating back to 1966. The company has expanded its product range to include various women’s apparel and ready-made garments. Saraswati Saree Depot Ltd. is committed to leveraging its strong legacy to drive growth and create long-term value for its stakeholders.