Siyaram Recycling Industries Ltd

Siyaram Recycling Industries Ltd (SIYARAM) is a micro-cap Consumer Discretionary company valued at ₹160 crore operating in Textiles & Apparels on the NSE and BSE.

Recent price move

Siyaram Recycling Industries Ltd last traded at ₹35.55, down 3.63% on the day.

Recent developments

On 2026-09-30, promoter holding fell by 15.35 percentage points, likely due to pledging or sales, with 23.35% of promoter shares pledged. On 2026-09-30, foreign institutional holdings dropped to 0.00% from 1.96% in the previous quarter, and domestic institutional holdings fell to 0.04% from 2.47%.

Financial performance

The company's business has deteriorated significantly, with annual revenue falling 29.3% and net profit plunging 74.0% year-over-year. However, the latest quarter shows a sharp rebound, with revenue rising 14.7% and net profit surging 120.0% compared to the same quarter a year earlier. Margins have contracted, with the net profit margin dropping 1.8 percentage points to 1.0%, and returns remain low, with return on equity at 2.9%.

Valuation multiples

The stock trades at 20.3 times earnings, broadly in line with the Consumer Discretionary median of 22.6, 0.59 times book value.

Things to watch

The company's net profit margin has narrowed sharply, falling to 1.0% from 2.8% a year ago. Promoter holding has declined significantly, with a 15.35 percentage point drop in the quarter. The stock is 64.2% below its 52-week high, indicating a substantial loss of value.

Where it stands

Siyaram Recycling Industries Ltd has seen a sharp decline in annual revenue and net profit, but the latest quarter shows a strong recovery. The company's net profit margin has dropped, and promoter holdings have fallen. The stock is significantly below its 52-week high, and institutional holdings have declined.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.