---
title: "S D Retail Ltd (SDREAMS) — Share Price, Financials & Analysis"
symbol: "SDREAMS"
company: "S D Retail Ltd"
canonical: "https://tapetide.com/stocks/SDREAMS"
isin: "INE0X6F01017"
nse_symbol: "SDREAMS"
sector: "Consumer Discretionary"
industry: "Textiles & Apparels"
market_cap_cr: 155.4
generated_at: "2026-09-13T20:35:41.252Z"
---

# S D Retail Ltd (SDREAMS)

Canonical page: https://tapetide.com/stocks/SDREAMS

## Company

- **NSE Symbol:** SDREAMS
- **ISIN:** INE0X6F01017
- **Sector:** Consumer Discretionary
- **Industry:** Textiles & Apparels
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2024-09-27
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sweetdreams.in

## About

Incorporated in May 2004, S D Retail Limited designs, manufactures, outsources, markets, and retails sleepwear under the brand name "SWEET DREAMS."[1]

## Latest Price

- **Price:** ₹83
- **Change:** 0 (0%)
- **Open:** ₹83
- **Day High:** ₹83
- **Day Low:** ₹83
- **Previous Close:** ₹83
- **Volume:** 1000
- **As Of:** 2026-09-11T09:34:57+00:00

## Key Fundamentals

Observed at 2026-09-11T04:47:31.243910Z.

- **Market Cap:** ₹155.4 Cr
- **Classification:** SME
- **P/E (reported):** 15.9
- **Book Value:** ₹64.21
- **Price to Book:** 1.29
- **Dividend Yield:** 0%
- **ROE:** 8.13%
- **ROCE:** 13.09%
- **Debt to Equity:** 0.13
- **Revenue (yearly):** ₹198.3 Cr
- **Net Income:** ₹9.8 Cr
- **EBITDA:** ₹18.9 Cr
- **52-Week High:** ₹134
- **52-Week Low:** ₹66.05
- **RSI (14):** 42.18

## Tapetide Score

- **Score:** 61 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 90.4 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 71.82 | 9% |
| growth | 65.45 | 9% |
| momentum | 60.99 | 12% |
| ownership | 50 | 24% |
| quality | 77.32 | 22% |
| valuation | 46.66 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company has delivered good profit growth of 98.1% CAGR over last 5 years

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.7% over last 3 years.
- Company has high debtors of 172 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -478.71% | 56.93% | -132.94% |
| ebitda margin growth | 1.49% | 6.73% | -13.14% |
| net income growth | 13.95% | 35% | 98% |
| revenue growth | 13.18% | 13% | 16% |
| roce | 4.3% | -58.63% | 24.88% |
| roe | 4.9% | 11.48% | -75.95% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 57 | 106 | 72 | 101 | 78 | 118 |
| Expenses | 59 | 90 | 69 | 89 | 76 | 103 |
| Operating Profit | -2 | 16 | 2 | 12 | 2 | 14 |
| OPM % | -3.4 | 15 | 3.4 | 12 | 2.8 | 12 |
| Other Income | 0 | 0 | 0 | 2 | 2 | -1 |
| Interest | 1 | 2 | 2 | 1 | 2 | 1 |
| Depreciation | 0 | 1 | 1 | 1 | 2 | 0 |
| Profit before tax | -3 | 13 | -1 | 11 | 0 | 13 |
| Tax % | -1 | 19 | -30 | 21 | 65 | 25 |
| Net Profit | -3 | 11 | -1 | 9 | 0 | 10 |
| EPS in Rs | -24.86 | 86.32 | -0.28 | 4.86 | 0.07 | 5.15 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 81 | 112 | 121 | 141 | 149 | 173 |
| Expenses | 78 | 98 | 113 | 127 | 134 | 157 |
| Operating Profit | 3 | 14 | 8 | 14 | 14 | 17 |
| OPM % | 3.8 | 12 | 7 | 10 | 10 | 10 |
| Other Income | 0 | 0 | 1 | 1 | 2 | 1 |
| Interest | 2 | 2 | 2 | 3 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 3 | 2 |
| Profit before tax | 0 | 12 | 6 | 10 | 11 | 13 |
| Tax % | -28 | 13 | 26 | 25 | 20 | 26 |
| Net Profit | 0 | 10 | 4 | 8 | 9 | 10 |
| EPS in Rs | 5.91 | 161.6 | 68.73 | 61.47 | 4.57 | 5.22 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.63 | 0.63 | 0.63 | 1 | 19 | 19 |
| Reserves | 19 | 29 | 34 | 40 | 92 | 101 |
| Borrowings | 14 | 18 | 21 | 44 | 33 | 16 |
| Other Liabilities | 27 | 29 | 34 | 37 | 32 | 37 |
| Total Liabilities | 61 | 78 | 88 | 122 | 176 | 174 |
| Fixed Assets | 3 | 3 | 3 | 5 | 7 | 11 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 58 | 75 | 85 | 117 | 168 | 162 |
| Total Assets | 61 | 78 | 88 | 122 | 176 | 174 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 8 | -3 | 1 | -14 | 2 | -6 |
| Cash from Investing Activity | 1 | -1 | -1 | -3 | -49 | 24 |
| Cash from Financing Activity | -9 | 3 | 0 | 20 | 47 | -19 |
| Net Cash Flow | 0 | 0 | 0 | 3 | 0 | -1 |
| Free Cash Flow | 8 | -3 | 0 | -17 | -3 | -12 |
| CFO/OP | 277 | -6 | 34 | -81 | 37 | -9 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 171 | 155 | 157 | 210 | 196 | 172 |
| Inventory Days | 115 | 148 | 142 | 109 | 130 | 176 |
| Days Payable | 123 | 123 | 113 | 81 | 63 | 74 |
| Cash Conversion Cycle | 163 | 179 | 186 | 237 | 263 | 273 |
| Working Capital Days | 69 | 83 | 88 | 76 | 114 | 166 |
| ROCE % | — | 33 | 15 | 19 | 12 | 12 |

## Shareholding Pattern

### Quarterly

| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 88.82% | 65.29% | 65.29% | 65.29% | 65.29% | 65.29% | 65.29% | 65.29% | 65.29% |
| FIIs | 0% | 6.79% | 5.25% | 4.53% | 4.31% | 3.18% | 2.32% | 2.15% | 2.15% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 1.61% | 1.77% | 1.77% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 8.72% | 11.17% | 15.84% | 16.24% | 17.99% | 14.56% | 14.67% | 14.7% |
| Others | 11.18% | 19.2% | 18.29% | 14.35% | 14.17% | 13.54% | 16.23% | 16.13% | 16.1% |
| No. of Shareholders | 0 | 15 | 2265 | 885 | 947 | 991 | 985 | 917 | 893 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 7 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 85.76 | Sell |
| EMA (10) | 84.31 | Sell |
| SMA (20) | 84.9 | Sell |
| EMA (20) | 85.21 | Sell |
| SMA (50) | 88.26 | Sell |
| EMA (50) | 87.15 | Sell |
| SMA (100) | 88.89 | Sell |
| EMA (100) | 88.77 | Sell |
| SMA (200) | 89.73 | Sell |
| EMA (200) | 94.01 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.18 | Neutral |
| MACD (12,26,9) | -1.21 | Sell |
| Stochastic (14,3,3) | 38.54 | Neutral |
| ADX (14) | 20 | Neutral |
| Williams %R (14) | -62.5 | Neutral |
| ATR (14) | 2.82 | High Volatility |
| ROC (12) | 1.16 | Buy |
| Stoch RSI (14) | 36.38 | Neutral |
| UO (7,14,28) | 69.07 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 May 2026 - S D Retail opened 4 new EBOs in April 2026, taking total operational stores to 78. | [Updates 9 May 2026 - S D Retail opened 4 new EBOs in April 2026, taking total operational stores to 78.](https://nsearchives.nseindia.com/corporate/SDRETAIL_09052026115157_Investors_EBO_report_April_2026__1_.pdf) |
| 9 Jun - S D Retail reported EBO progress as of 31 May 2026: 79 operational stores, 7 additions, 3 closures. | [Updates 9 Jun - S D Retail reported EBO progress as of 31 May 2026: 79 operational stores, 7 additions, 3 closures.](https://nsearchives.nseindia.com/corporate/SDRETAIL_09062026130529_Investors_EBO_report_May_2026.pdf) |
| 9 Jul - SDD compliance certificate for quarter ended June 30, 2026; 4 events captured, nil non-compliance. | [Structural Digital Database 9 Jul - SDD compliance certificate for quarter ended June 30, 2026; 4 events captured, nil non-compliance.](https://nsearchives.nseindia.com/corporate/SDRETAIL_09072026135718_SDD_Compliance_Certificate.pdf) |
| 9 Jul - Regulation 74(5) certificate for quarter ended June 30, 2026; no demat or remat requests received. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 Jul - Regulation 74(5) certificate for quarter ended June 30, 2026; no demat or remat requests received.](https://nsearchives.nseindia.com/corporate/SDRETAIL_09072026140104_Regulation_74_5_.pdf) |
| 9 April 2026 - Filed Regulation 74(5) certificate for quarter ended March 31, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 April 2026 - Filed Regulation 74(5) certificate for quarter ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/SDRETAIL_09042026125714_Regulation_74_5_.pdf) |
| 8 Sep - S D Retail reported 82 EBOs as of 31 Aug 2026, including 5 opened in August. | [Updates 8 Sep - S D Retail reported 82 EBOs as of 31 Aug 2026, including 5 opened in August.](https://nsearchives.nseindia.com/corporate/SDRETAIL_08092026181720_Investors_EBO_report_Aug_2026__1_.pdf) |
| 8 April 2026 - EBO progress report as of 31 March 2026: 75 operational EBOs, 2 new openings. | [Updates 8 April 2026 - EBO progress report as of 31 March 2026: 75 operational EBOs, 2 new openings.](https://nsearchives.nseindia.com/corporate/SDRETAIL_08042026164944_SDREAMS_EBO_report_March_2026.pdf) |
| 7 March 2026 - Reports 2 new EBOs opened; total 75 EBOs as of Feb 28, 2026. | [Updates 7 March 2026 - Reports 2 new EBOs opened; total 75 EBOs as of Feb 28, 2026.](https://nsearchives.nseindia.com/corporate/SDRETAIL_07032026164854_SD_Investors_Deck_Feb_2026.pdf) |
| 6 May 2026 - Promoters held 65.29% shares as of 31 March 2026, with no encumbrance. | [Disclosure under SEBI Takeover Regulations 6 May 2026 - Promoters held 65.29% shares as of 31 March 2026, with no encumbrance.](https://nsearchives.nseindia.com/corporate/team_sandeshc_16042026125031_38.pdf) |
| 3 April 2026 - Quarterly SDD compliance certificate filed for March 31, 2026; two UPSI events captured, no non-compliance. | [Structural Digital Database 3 April 2026 - Quarterly SDD compliance certificate filed for March 31, 2026; two UPSI events captured, no non-compliance.](https://nsearchives.nseindia.com/corporate/SDRETAIL_03042026143644_SDD_Compliance_Certificate.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30529_SDREAMS_2025_2026_A_3744192_24082026122316.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28059_SDREAMS_2024_2025_A_5943098_01092025172901.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/SDRETAIL_20112025111225_Transcript.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://nsearchives.nseindia.com/corporate/SDREAMS_21112024163120_Transcript_of_Earnings_Conference_call.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/SDRETAIL_05062025174525_SDREAMS_TRANSCRIPT.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:35:41.252Z.