- Business
- Siyaram Silk Mills Limited (SIYSIL.BO) manufactures, brands, and markets a comprehensive range of blended fabrics, readymade garments, and indigo dyed yarns primarily targeting the menswear segment, with additional offerings for women, children, and institutional clients. The company produces polyester viscose, polyester viscose blend, polyester viscose lycra, polyester cotton, polyester wool lycra, wool linen, cotton, cotton linen, polyester viscose linen, polyester rayon, polyester wool, wool lycra, wool, linen, CVC and PC yarn-dyed shirting, poly bamboo, and knitted denim fabrics; ready-to-wear apparel including suits, blazers, shirts, trousers, athletic-leisure wear, sweatshirts, jeans, t-shirts, and ethnic occasion wear; and home furnishings such as curtains and upholstery. Under brands like Siyaram's Shirtings and Suitings, J. Hampstead, Oxemberg, Mozzo, Inspiro, Tessio, Cadini, ZECODE, and DEVO, it serves individual consumers, retailers, institutions, hospitality players, and furniture makers through over 100,000 retail outlets, exclusive branded showrooms, online platforms, and multi-brand channels.
Founded in 1978 and headquartered in Mumbai, India, with manufacturing facilities in Tarapur, Daman, Amravati, Silvassa, and other locations, Siyaram operates across India and exports to the United Kingdom, Europe, North America, Latin America, Gulf countries, South-East Asia, Middle East, and Sri Lanka. The company maintains an annual fabric production capacity exceeding 100 million meters and garment output of around 5 million pieces, emphasizing eco-friendly practices, advanced weaving technologies, and innovations like relaxed finish school uniform fabrics and water-repellant textiles.
In recent developments, Siyaram launched new retail brands ZECODE for fast fashion and Gen-Z apparel and DEVO for ethnic wear in 2023-2024, opening 23 ZECODE and 12 DEVO stores by late 2025 as part of a Rs 50 crore expansion targeting 30-35 outlets across Tier I, II, and III cities by FY26, funded through internal accruals. The company reported strong financial performance, including 18.1% revenue growth to INR 743 crore in Q2 FY26 and revised full-year guidance to 12-14%, with fabrics comprising 77-83% of revenue, garments 12-15%, and yarn/other 5%. Ongoing retail penetration and brand extensions underscore its strategic shift toward direct-to-consumer channels and diversified apparel offerings amid favorable industry dynamics.