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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Sai Silks (Kalamandir)
Sai Silks (Kalamandir) (KALAMANDIR) investor relations material
Sai Silks (Kalamandir) Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary4 Nov, 2026
Executive summary
H1 FY27 revenue declined 1.73% YoY amid subdued discretionary demand, Adhik Maas and festive-calendar shifts; gross margin remained broadly stable at 42.02%.
Full-year revenue guidance remained ₹1,850–1,900 crore, with management expecting H2 recovery and double-digit SSS growth.
Financial highlights
Q2 FY27 revenue from operations was ₹434.05 crore versus ₹444.33 crore YoY; PBT was ₹41.45 crore versus ₹54.41 crore, and net profit was ₹31.08 crore versus ₹40.08 crore.
H1 FY27 revenue was ₹809.13 crore versus ₹823.35 crore YoY; PBT was ₹75.86 crore versus ₹94.65 crore, and net profit was ₹56.73 crore versus ₹70.14 crore.
Q2 EBITDA was ₹61.58 crore versus ₹72.01 crore; H1 EBITDA was ₹113.44 crore versus ₹129.14 crore.
Q2 gross profit was ₹183 crore; gross margin rose 20 bps YoY to 42.10%.
Revenue and EBITDA grew 15.7% and 18.8% QoQ in Q2; EBITDA margin expanded ~37 bps from Q1 FY27.
Outlook and guidance
Full-year revenue guidance remained ₹1,850–1,900 crore, with management expecting double-digit FY27 revenue growth.
H2 SSS growth is expected to return to double digits, supporting ~5% annual SSS growth.
Management expects H2 EBITDA margin of 17.5%–18%; confirmation of the full-year margin outlook was deferred until next quarter.
Wedding and festive demand is expected to support Q3 and H2; wedding dates are healthy, evenly spread and more numerous than last year.
Tamil Nadu productivity is expected to improve in H2 following visibility and advertising initiatives; H1 productivity was ₹36,000 per sq. ft.
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Latest events from Sai Silks (Kalamandir)
- Q1 FY27 revenue was ₹375.08 crore, SSSG fell 7.5%, and gross margin held at 41.93%-42%.KALAMANDIR
Q1 26/27 - FY26 revenue rose 13% to ₹1,653.67 crore, PAT reached ₹140.92 crore, and 81 stores were achieved.KALAMANDIRQ4 25/26
- Q2 FY24 saw strong revenue and profit growth, boosted by IPO proceeds and expansion plans.KALAMANDIRQ2 23/24
- Q1 FY25 revenue fell 12.25% YoY to ₹267.29 crore; gross margin held at 41.26%.KALAMANDIRQ1 24/25
- Nine-month revenue and profit rose 16% YoY despite Q3 softness; expansion and margin gains continue.KALAMANDIRQ3 25/26
- Q2 FY25 revenue up 6.26% YoY to ₹347.31 Cr, with margin gains and IPO-fueled expansion.KALAMANDIRQ2 24/25
- Q3FY25 saw robust revenue, margin, and profit growth, with reduced debt and ongoing expansion.KALAMANDIRQ3 24/25
- FY25 revenue rose 6.5% to INR 1,462 crores, with margin gains and strong saree sales.KALAMANDIRQ4 24/25
- Q1 FY26 revenue up 41.8% YoY to ₹379.02 Cr, with strong margins and a Rs.1/share dividend.KALAMANDIRQ1 25/26
Next Sai Silks (Kalamandir) earnings date
Q3 26/272 Feb, 2027
Sai Silks (Kalamandir)
Next Sai Silks (Kalamandir) earnings date
Q3 26/272 Feb, 2027
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