Sai Silks Plunges 57% from IPO Price, Misses Growth Guidance

• Sai Silks (Kalamandir) Ltd. shares declined 5% after provisional Q4 update.
• Revenue grew 5% to ₹419 crore, missing 15% guidance.
• FY26 turnover increased 13% to ₹1,653 crore, also below 15% guidance.
• Company expanded retail footprint with 13 new stores, reaching 81 total.
• Stock listed in September 2025 at ₹222, now trades below ₹100, down nearly 57%.

Key Questions Answered

Will Sai Silks stock recover its IPO price soon?

Sai Silks Kalamanir's stock is currently trading significantly below its IPO price. The stock is down nearly 57% from its issue price of ₹222 per share. It declined 5.

What caused Sai Silks to miss its growth guidance?

Sai Silks missed its growth guidance for FY26 as its turnover increased by 13% to ₹1,653 crore, falling short of the 15% target.

How will new store openings impact future revenue?

New store openings are expected to drive revenue growth for retailers like DMart and CaratLane.