New Risk • Aug 16
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: ₹74m (US$774k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 51% per year over the past 5 years. Revenue is less than US$1m (₹74m revenue, or US$774k). Market cap is less than US$10m (₹153.6m market cap, or US$1.61m). Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change). New Risk • Aug 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 45% per year over the past 5 years. Market cap is less than US$10m (₹150.4m market cap, or US$1.58m). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Revenue is less than US$5m (₹141m revenue, or US$1.5m). Ankündigung • Aug 03
Sovereign Diamonds Limited to Report Q1, 2027 Results on Aug 14, 2026 Sovereign Diamonds Limited announced that they will report Q1, 2027 results on Aug 14, 2026 Reported Earnings • Jul 24
Full year 2026 earnings released: ₹8.07 loss per share (vs ₹0.022 profit in FY 2025) Full year 2026 results: ₹8.07 loss per share (down from ₹0.022 profit in FY 2025). Revenue: ₹140.8m (down 30% from FY 2025). Net loss: ₹46.7m (down ₹46.8m from profit in FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance. Ankündigung • Jul 22
Sovereign Diamonds Limited, Annual General Meeting, Aug 20, 2026 Sovereign Diamonds Limited, Annual General Meeting, Aug 20, 2026, at 11:00 Indian Standard Time. Reported Earnings • May 31
Full year 2026 earnings released: ₹8.07 loss per share (vs ₹0.022 profit in FY 2025) Full year 2026 results: ₹8.07 loss per share (down from ₹0.022 profit in FY 2025). Revenue: ₹153.1m (down 23% from FY 2025). Net loss: ₹46.7m (down ₹46.8m from profit in FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Ankündigung • May 20
Sovereign Diamonds Limited to Report Q4, 2026 Results on May 29, 2026 Sovereign Diamonds Limited announced that they will report Q4, 2026 results on May 29, 2026 Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: ₹0.92 (vs ₹0.18 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.92 (up from ₹0.18 in 3Q 2025). Revenue: ₹31.3m (down 73% from 3Q 2025). Net income: ₹4.02m (up 296% from 3Q 2025). Profit margin: 13% (up from 0.9% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance. Ankündigung • Jan 27
Sovereign Diamonds Limited to Report Q3, 2026 Results on Feb 06, 2026 Sovereign Diamonds Limited announced that they will report Q3, 2026 results on Feb 06, 2026 New Risk • Jan 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.6% average weekly change). Earnings have declined by 19% per year over the past 5 years. Market cap is less than US$10m (₹143.4m market cap, or US$1.59m). Minor Risk Revenue is less than US$5m (₹192m revenue, or US$2.1m). Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹0.18 (vs ₹0.001 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹0.18 (up from ₹0.001 loss in 2Q 2025). Revenue: ₹16.9m (down 63% from 2Q 2025). Net income: ₹1.03m (up ₹1.03m from 2Q 2025). Profit margin: 6.1% (up from 0% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Ankündigung • Nov 08
Sovereign Diamonds Limited to Report Q2, 2026 Results on Nov 14, 2025 Sovereign Diamonds Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Ankündigung • Aug 26
Sovereign Diamonds Limited, Annual General Meeting, Sep 23, 2025 Sovereign Diamonds Limited, Annual General Meeting, Sep 23, 2025, at 11:00 Indian Standard Time. Board Change • Aug 19
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Additional Independent Director Jigar Darji was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 14
First quarter 2026 earnings released: ₹8.38 loss per share (vs ₹0.11 loss in 1Q 2025) First quarter 2026 results: ₹8.38 loss per share (further deteriorated from ₹0.11 loss in 1Q 2025). Revenue: ₹81.8m (up 53% from 1Q 2025). Net loss: ₹48.5m (loss widened ₹47.9m from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance. Ankündigung • Aug 09
Sovereign Diamonds Limited to Report Q1, 2026 Results on Aug 12, 2025 Sovereign Diamonds Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • May 28
Full year 2025 earnings released: EPS: ₹0.022 (vs ₹2.38 in FY 2024) Full year 2025 results: EPS: ₹0.022 (down from ₹2.38 in FY 2024). Revenue: ₹214.7m (down 21% from FY 2024). Net income: ₹126.0k (down 99% from FY 2024). Profit margin: 0.1% (down from 5.1% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings. Ankündigung • May 21
Sovereign Diamonds Limited to Report Q4, 2025 Results on May 27, 2025 Sovereign Diamonds Limited announced that they will report Q4, 2025 results on May 27, 2025 Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: ₹0.18 (vs ₹0.78 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.18 (down from ₹0.78 in 3Q 2024). Revenue: ₹122.5m (up 71% from 3Q 2024). Net income: ₹1.02m (down 77% from 3Q 2024). Profit margin: 0.8% (down from 6.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings. Ankündigung • Jan 28
Sovereign Diamonds Limited to Report Q3, 2025 Results on Jan 31, 2025 Sovereign Diamonds Limited announced that they will report Q3, 2025 results on Jan 31, 2025 Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹48.63, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 263% over the past three years. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹52.85, the stock trades at a trailing P/E ratio of 42.7x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 404% over the past three years. Reported Earnings • Nov 16
Second quarter 2025 earnings released: ₹0.001 loss per share (vs ₹0.51 profit in 2Q 2024) Second quarter 2025 results: ₹0.001 loss per share (down from ₹0.51 profit in 2Q 2024). Revenue: ₹48.6m (down 25% from 2Q 2024). Net loss: ₹4.0k (down 100% from profit in 2Q 2024). Profit margin: 0% (down from 4.5% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 52% per year, which means it is well ahead of earnings. Ankündigung • Nov 09
Sovereign Diamonds Limited to Report Q2, 2025 Results on Nov 14, 2024 Sovereign Diamonds Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹51.25, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 552% over the past three years. New Risk • Sep 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Market cap is less than US$10m (₹188.2m market cap, or US$2.25m). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Revenue is less than US$5m (₹267m revenue, or US$3.2m). Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹33.63, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 31x in the Luxury industry in India. Total returns to shareholders of 353% over the past three years. Ankündigung • Sep 04
Sovereign Diamonds Limited, Annual General Meeting, Sep 26, 2024 Sovereign Diamonds Limited, Annual General Meeting, Sep 26, 2024, at 11:00 Indian Standard Time. Reported Earnings • Aug 15
First quarter 2025 earnings released: ₹0.11 loss per share (vs ₹0.53 profit in 1Q 2024) First quarter 2025 results: ₹0.11 loss per share (down from ₹0.53 profit in 1Q 2024). Revenue: ₹56.8m (flat on 1Q 2024). Net loss: ₹645.0k (down 121% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Aug 15
Sovereign Diamonds Limited Appoints Jigar Darji as an Independent Director The Board Meeting of Sovereign Diamonds Limited held on August 14, 2024, approved the appointment of Mr. Jigar Darji as an Independent Director (Additional Director) for a term of 5 years, effective 14th August, 2024. Mr. Jigar Darji is a law graduate and member of Institute of Company Secretaries of India. By profession he is a Practicing Company Secretary since 6 years practicing under the name M/s. Jigar Darji & Associates. He has special expertise in Start-up Registration, Corporate and Secretarial Compliance, Due Diligence, Compliance Audit, Trademark (Logo) registrations, Copyright and Patent Registration, Import Export Code, MSME Registration, Gumasta Licence and various other licences and Registrations. His areas of practice include handling RBI Compliances, NCLT cases, SEBI and IPR cases. He has overall work experiences in the field of Secretarial Compliances of Private, Listed, Unlisted Public Companies. Buy Or Sell Opportunity • Aug 06
Now 21% overvalued Over the last 90 days, the stock has fallen 3.3% to ₹27.72. The fair value is estimated to be ₹23.00, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹2.38 (vs ₹2.44 in FY 2023) Full year 2024 results: EPS: ₹2.38 (down from ₹2.44 in FY 2023). Revenue: ₹284.2m (up 2.2% from FY 2023). Net income: ₹13.8m (down 2.2% from FY 2023). Profit margin: 4.9% (down from 5.1% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • May 23
Sovereign Diamonds Limited to Report Q4, 2024 Results on May 30, 2024 Sovereign Diamonds Limited announced that they will report Q4, 2024 results on May 30, 2024 Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: ₹0.78 (vs ₹0.41 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.78 (up from ₹0.41 in 3Q 2023). Revenue: ₹75.1m (up 22% from 3Q 2023). Net income: ₹4.50m (up 92% from 3Q 2023). Profit margin: 6.0% (up from 3.8% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Feb 04
Sovereign Diamonds Limited to Report Q3, 2024 Results on Feb 14, 2024 Sovereign Diamonds Limited announced that they will report Q3, 2024 results on Feb 14, 2024 New Risk • Jan 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Market cap is less than US$10m (₹198.9m market cap, or US$2.39m). Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Revenue is less than US$5m (₹255m revenue, or US$3.1m). Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹28.64, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 497% over the past three years. Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: ₹0.51 (vs ₹0.47 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.51 (up from ₹0.47 in 2Q 2023). Revenue: ₹68.2m (down 9.4% from 2Q 2023). Net income: ₹2.93m (up 7.6% from 2Q 2023). Profit margin: 4.3% (up from 3.6% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 76% per year whereas the company’s share price has increased by 77% per year. Ankündigung • Nov 04
Sovereign Diamonds Limited to Report Q2, 2024 Results on Nov 10, 2023 Sovereign Diamonds Limited announced that they will report Q2, 2024 results on Nov 10, 2023 Ankündigung • Aug 24
Sovereign Diamonds Limited, Annual General Meeting, Sep 16, 2023 Sovereign Diamonds Limited, Annual General Meeting, Sep 16, 2023, at 11:00 Indian Standard Time. Agenda: To consider and adopt the Audited Annual Financial Statements of the Company for the financial year ended 31st March, 2023 and the Reports of the Board of Directors and the Auditors' thereon; to appoint a Director in place of Mr. Ajay Gehani, who retires by rotation and being eligible, offers himself for re-appointment; and to consider other matters. New Risk • Aug 13
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.5% Last year net profit margin: 8.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Market cap is less than US$10m (₹138.5m market cap, or US$1.67m). Minor Risks Profit margins are more than 30% lower than last year (4.5% net profit margin). Revenue is less than US$5m (₹265m revenue, or US$3.2m). Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: ₹0.53 (vs ₹0.90 in 1Q 2023) First quarter 2024 results: EPS: ₹0.53 (down from ₹0.90 in 1Q 2023). Revenue: ₹60.3m (down 14% from 1Q 2023). Net income: ₹3.06m (down 41% from 1Q 2023). Profit margin: 5.1% (down from 7.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has increased by 101% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Aug 03
Sovereign Diamonds Limited to Report Q1, 2024 Results on Aug 11, 2023 Sovereign Diamonds Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Reported Earnings • May 30
Full year 2023 earnings released: EPS: ₹2.44 (vs ₹2.30 in FY 2022) Full year 2023 results: EPS: ₹2.44 (up from ₹2.30 in FY 2022). Revenue: ₹290.7m (up 27% from FY 2022). Net income: ₹14.1m (up 5.8% from FY 2022). Profit margin: 4.9% (down from 5.8% in FY 2022). The decrease in margin was driven by higher expenses. Ankündigung • May 17
Sovereign Diamonds Limited to Report Q4, 2023 Results on May 27, 2023 Sovereign Diamonds Limited announced that they will report Q4, 2023 results on May 27, 2023 Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹26.45, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 673% over the past three years. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹0.41 (vs ₹1.61 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.41 (down from ₹1.61 in 3Q 2022). Revenue: ₹61.7m (down 31% from 3Q 2022). Net income: ₹2.35m (down 75% from 3Q 2022). Profit margin: 3.8% (down from 11% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 90% per year whereas the company’s share price has increased by 87% per year. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹28.25, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 687% over the past three years. Ankündigung • Feb 03
Sovereign Diamonds Limited to Report Q3, 2022 Results on Feb 10, 2023 Sovereign Diamonds Limited announced that they will report Q3, 2022 results on Feb 10, 2023 Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 34% share price gain to ₹26.30, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 669% over the past three years. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improved over the past week After last week's 19% share price gain to ₹22.80, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 445% over the past three years. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹0.47 (vs ₹1.28 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.47 (down from ₹1.28 in 2Q 2022). Revenue: ₹78.3m (up 26% from 2Q 2022). Net income: ₹2.72m (down 63% from 2Q 2022). Profit margin: 3.5% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 66% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. CFO & Woman Director Arundhati Mali was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: ₹0.47 (vs ₹1.28 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.47 (down from ₹1.28 in 2Q 2022). Revenue: ₹78.3m (up 26% from 2Q 2022). Net income: ₹2.72m (down 63% from 2Q 2022). Profit margin: 3.5% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth. Ankündigung • Nov 02
Sovereign Diamonds Limited to Report Q2, 2023 Results on Nov 11, 2022 Sovereign Diamonds Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improved over the past week After last week's 16% share price gain to ₹16.60, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 211% over the past three years. Ankündigung • Aug 13
Sovereign Diamonds Limited, Annual General Meeting, Sep 08, 2022 Sovereign Diamonds Limited, Annual General Meeting, Sep 08, 2022, at 11:00 Indian Standard Time. Agenda: To consider and adopt the Audited Annual Financial Statements of the Company for the financial year ended 31st March, 2022 and the Reports of the Board of Directors and the Auditors' thereon; to appoint a Director in place of Ms. Arundhati Mali (DIN No.: 08353618), who retires by rotation and being eligible, offers herself for re-appointment; to consider appointment of Statutory Auditors; to re-appoint Mr. Ajay Gehani (DIN No.: 00062989) as Chairman and Managing Director; and to consider other matters. Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: ₹0.90 (vs ₹0.97 loss in 1Q 2022) First quarter 2023 results: EPS: ₹0.90 (up from ₹0.97 loss in 1Q 2022). Revenue: ₹73.1m (up 198% from 1Q 2022). Net income: ₹5.22m (up ₹10.8m from 1Q 2022). Profit margin: 7.1% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Ankündigung • Jul 30
Sovereign Diamonds Limited to Report Q1, 2023 Results on Aug 09, 2022 Sovereign Diamonds Limited announced that they will report Q1, 2023 results on Aug 09, 2022 Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improved over the past week After last week's 25% share price gain to ₹16.89, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 233% over the past three years. Ankündigung • May 10
Sovereign Diamonds Limited to Report Q4, 2022 Results on May 21, 2022 Sovereign Diamonds Limited announced that they will report Q4, 2022 results on May 21, 2022 Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. CFO & Woman Director Arundhati Mali was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improved over the past week After last week's 20% share price gain to ₹16.22, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 184% over the past three years. Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. CFO & Woman Director Arundhati Mali was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. CFO & Woman Director Arundhati Mali was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improved over the past week After last week's 22% share price gain to ₹16.14, the stock trades at a trailing P/E ratio of 68.4x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 131% over the past three years. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 16% share price gain to ₹12.81, the stock trades at a trailing P/E ratio of 54.3x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 16% share price gain to ₹12.81, the stock trades at a trailing P/E ratio of 54.3x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹10.12, the stock trades at a trailing P/E ratio of 42.9x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 11% over the past three years. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 21% share price gain to ₹10.81, the stock trades at a trailing P/E ratio of 45.8x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 21% over the past three years. Reported Earnings • Nov 03
Second quarter 2022 earnings released: EPS ₹1.28 (vs ₹1.77 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹63.6m (up 49% from 2Q 2021). Net income: ₹7.41m (up ₹17.6m from 2Q 2021). Profit margin: 12% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 11
First quarter 2022 earnings released: ₹0.97 loss per share (vs ₹0.73 loss in 1Q 2021) The company reported a solid first quarter result with improved revenues and control over costs, although losses increased. First quarter 2022 results: Revenue: ₹26.6m (up ₹25.2m from 1Q 2021). Net loss: ₹5.60m (loss widened 33% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 08
Third quarter 2021 earnings released: ₹0.54 loss per share (vs ₹0.54 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: ₹55.4m (down 50% from 3Q 2020). Net loss: ₹3.11m (down 200% from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 03
New 90-day high: ₹5.04 The company is up 17% from its price of ₹4.31 on 04 November 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 24% over the same period. Ankündigung • Jan 28
Sovereign Diamonds Limited to Report Q3, 2021 Results on Feb 06, 2021 Sovereign Diamonds Limited announced that they will report Q3, 2021 results on Feb 06, 2021 Is New 90 Day High Low • Jan 06
New 90-day high: ₹4.90 The company is up 44% from its price of ₹3.40 on 08 October 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 26% over the same period. Is New 90 Day High Low • Dec 12
New 90-day high: ₹4.74 The company is up 39% from its price of ₹3.41 on 11 September 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 22% over the same period. Is New 90 Day High Low • Oct 30
New 90-day high: ₹3.92 The company is up 27% from its price of ₹3.08 on 28 July 2020. The Indian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 14% over the same period. Is New 90 Day High Low • Oct 13
New 90-day high: ₹3.74 The company is up 10.0% from its price of ₹3.41 on 08 July 2020. The Indian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 20% over the same period. Ankündigung • Sep 08
Sovereign Diamonds Limited to Report Q4, 2020 Results on Jun 27, 2020 Sovereign Diamonds Limited announced that they will report Q4, 2020 results on Jun 27, 2020 Ankündigung • Aug 26
Sovereign Diamonds Limited to Report Q1, 2021 Results on Sep 05, 2020 Sovereign Diamonds Limited announced that they will report Q1, 2021 results on Sep 05, 2020 
