Siyaram Recycling Industries L
BSE: SIYARAM · Other Industrial Products · sector
Key numbers
Last 12 months to Mar 2026, Standalone. "Sector median" = middle value of 29 companies in Other Industrial Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹0 cr vs borrowings ₹114 cr (FY26): borrowings are higher by ₹114 cr.
- Operating profit covered interest 1.5x in the last 12 months.
- Other income was 27% of net profit in the last 12 months.
- No dividend in the last 3 financial years.
- Price ₹33.00 on 2026-10-26: -67.6% from the 52-week high, +3.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|
| Revenue | 266 | 212 | 150 |
| EBITDA | 13 | 9 | 8 |
| OPM % | 4.9% | 4.4% | 5.1% |
| Other income | 2 | 1 | 0 |
| Net profit | 7 | 3 | 1 |
| EPS (₹) | 3.16 | 1.41 | 0.33 |
Standalone figures where filed. Latest quarter Mar 2026.
Profit & loss (yearly)
| ₹ cr | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|
| Revenue | 413 | 512 | 362 | 362 |
| EBITDA | 17 | 27 | 17 | 17 |
| Net profit | 8 | 15 | 4 | 4 |
| EPS (₹) | 4.00 | 6.69 | 1.74 | 1.74 |
| Revenue growth | +23.9% | -29.3% | – | |
| Profit growth | +93.8% | -74.0% | – | |
| Dividend / share (₹) | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -52.5% (2y) | -65.6% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 127 | 130 |
| Borrowings | 76 | 114 |
| Cash & equivalents | 0 | 0 |
| Total assets | 283 | 274 |
| Fixed assets | 8 | 6 |
| Capital work in progress | – | 0 |
| Investments | 0 | 0 |
| Receivables | 51 | 55 |
| Inventory | 201 | 204 |
| Payables | 38 | 24 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | -43 | -28 |
| Cash from investing | -3 | -0 |
| Cash from financing | 45 | 29 |
| Capex | 3 | 0 |
| Free cash flow | -46 | -28 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 11.5% | 2.9% |
| ROCE % | 13.8% | 6.7% |
| Debtor days | 36 | 55 |
| Inventory days | 161 | 226 |
| Payable days | 30 | 26 |
| Cash conversion cycle (days) | 167 | 255 |
| Working capital days | 86 | 137 |
Peers in Other Industrial Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| HBLENGINE | ₹21,089 cr | 22.8x | 9.5x | 50.0% | 55.1% | 31.2% | +34.1% | – |
| INOXINDIA | ₹17,251 cr | 67.7x | 15.4x | 25.8% | 29.2% | 21.0% | – | 0.10% |
| ESABINDIA | ₹8,178 cr | 36.9x | 19.1x | 56.1% | 69.1% | 19.5% | +11.4% | 1.73% |
| KRN | ₹7,000 cr | 69.0x | 12.2x | 18.1% | 17.1% | 19.6% | – | – |
| SUBROS | ₹3,885 cr | 23.4x | 3.1x | 14.2% | 18.1% | 8.1% | +10.2% | 0.43% |
| HARSHA | ₹3,716 cr | 24.0x | 2.6x | 11.7% | 13.2% | 14.6% | +6.0% | 0.25% |
| ADOR | ₹2,272 cr | 19.7x | 4.0x | 21.7% | 27.2% | 12.1% | +13.6% | 1.53% |
| DIFFNKG | ₹1,495 cr | 27.2x | 3.7x | 14.1% | 15.3% | 13.8% | – | 0.38% |
| MICEL | ₹865 cr | – | 4.0x | -5.5% | 8.8% | 11.4% | +102.6% | – |
| SIYARAM | ₹72 cr | 19.0x | 0.6x | 3.0% | 6.7% | 4.7% | – | – |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Other Industrial Products |
| Sub-industry | Other Industrial Products |
| Symbol | SIYARAM |
| BSE code | 544047 |
| ISIN | INE0QSK01017 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.