Annonce • May 14
Deepak Spinners Limited to Report Q4, 2026 Results on May 26, 2026 Deepak Spinners Limited announced that they will report Q4, 2026 results on May 26, 2026 New Risk • Mar 22
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 7.6% 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 Earnings have declined by 45% per year over the past 5 years. Market cap is less than US$10m (₹798.0m market cap, or US$8.52m). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: ₹3.91 (vs ₹0.63 loss in 3Q 2025) Third quarter 2026 results: EPS: ₹3.91 (up from ₹0.63 loss in 3Q 2025). Revenue: ₹1.35b (up 2.4% from 3Q 2025). Net income: ₹28.1m (up ₹32.6m from 3Q 2025). Profit margin: 2.1% (up from net loss in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Annonce • Jan 24
Deepak Spinners Limited to Report Q3, 2026 Results on Feb 05, 2026 Deepak Spinners Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 05, 2026 New Risk • Dec 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹901.2m (US$9.99m) This is considered a major risk. Companies with a small market capitalization 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 38% per year over the past 5 years. Market cap is less than US$10m (₹901.2m market cap, or US$9.99m). Annonce • Oct 24
Deepak Spinners Limited to Report Q2, 2026 Results on Nov 04, 2025 Deepak Spinners Limited announced that they will report Q2, 2026 results on Nov 04, 2025 Board Change • Aug 29
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. 1 highly experienced director. Executive Non-Independent Chairman & MD Yashwant Daga is the most experienced director on the board, commencing their role in 1998. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annonce • Aug 25
Deepak Spinners Limited, Annual General Meeting, Sep 19, 2025 Deepak Spinners Limited, Annual General Meeting, Sep 19, 2025, at 15:30 Indian Standard Time. Reported Earnings • Aug 12
First quarter 2026 earnings released: ₹5.02 loss per share (vs ₹7.82 loss in 1Q 2025) First quarter 2026 results: ₹5.02 loss per share (improved from ₹7.82 loss in 1Q 2025). Revenue: ₹1.39b (flat on 1Q 2025). Net loss: ₹36.1m (loss narrowed 36% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Annonce • Jul 28
Deepak Spinners Limited to Report Q1, 2026 Results on Aug 11, 2025 Deepak Spinners Limited announced that they will report Q1, 2026 results on Aug 11, 2025 Reported Earnings • May 23
Full year 2025 earnings released: ₹14.17 loss per share (vs ₹1.81 profit in FY 2024) Full year 2025 results: ₹14.17 loss per share (down from ₹1.81 profit in FY 2024). Revenue: ₹5.26b (up 12% from FY 2024). Net loss: ₹101.9m (down ₹114.9m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Annonce • May 10
Deepak Spinners Limited to Report Fiscal Year 2025 Results on May 22, 2025 Deepak Spinners Limited announced that they will report fiscal year 2025 results on May 22, 2025 New Risk • Apr 15
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 8.7% 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 Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (₹1.15b market cap, or US$13.4m). Reported Earnings • Jan 30
Third quarter 2025 earnings released: ₹0.63 loss per share (vs ₹0.71 loss in 3Q 2024) Third quarter 2025 results: ₹0.63 loss per share (improved from ₹0.71 loss in 3Q 2024). Revenue: ₹1.32b (up 14% from 3Q 2024). Net loss: ₹4.50m (loss narrowed 12% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Annonce • Jan 30
Deepak Spinners Limited Appoints Gajendra Singh Rathore as Chief Financial Officer, Effective February 1, 2025 Deepak Spinners Limited announced that Shri Gajendra Singh Rathore was appointed as Chief Financial Officer with effect from 1st February 2025, by the Board of Directors in its meeting held on 29th January 2025, as per the recommendations of Nomination and Remuneration Committee and the approval of the Audit Committee. He is holding master's degree in commerce. He has over 26 years of experience finance and accounts. He has been working as Deputy General Manager (Accounts) with the Company since 2008. Annonce • Jan 21
Deepak Spinners Limited to Report Q3, 2025 Results on Jan 29, 2025 Deepak Spinners Limited announced that they will report Q3, 2025 results on Jan 29, 2025 Annonce • Jan 01
Deepak Spinners Limited Announces Resignation of Punam Chand Sharma as Chief Financial Officer Deepak Spinners Limited informed that Shri Punam Chand Sharma, Chief Financial Officer of the Company has resigned from the services of the Company on January 1, 2025. Board Change • Nov 22
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Executive Non-Independent Director Asha Daga was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Nov 16
Deepak Spinners Limited Announces Resignation of Sharad Agarwal as Independent Director Deepak Spinners Limited announced that Mr. Sharad Agarwal, Independent Director of the Company resigned from the position of Independent Director of the Company with effect from November 15, 2024. Annonce • Nov 10
Deepak Spinners Limited to Report Q2, 2025 Results on Nov 14, 2024 Deepak Spinners Limited announced that they will report Q2, 2025 results on Nov 14, 2024 New Risk • Sep 26
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹1.53b market cap, or US$18.2m). Annonce • Sep 06
Deepak Spinners Limited Announces the Resignation of Anand Prasad Agarwalla as Independent Director Deepak Spinners Limited announced the resignation of Mr. Anand Prasad Agarwalla as Independent Director of the Company with effect from 5 September 2024. Mr. Anand Prasad Agarwalla is also a Non-Executive Independent Director in M/s. Deepak Industries Limited. Annonce • Aug 31
Deepak Spinners Limited Announces Resignation of Vivek Chiraniya as Independent Director Deepak Spinners Limited announced that Mr. Vivek Chiraniya, Independent Director of the Company has vide his letter dated August 31, 2024 resigned from the position of Independent Director of the Company with effect from the same date. Mr. Vivek Chiraniya has confirmed that there is no other material reason for his resignation other than as provided in the letter. Mr. Chiraniya's resignation letter is enclosed herewith. Annonce • Aug 30
Deepak Spinners Limited Declares Dividend for the Year Ended on March 31, 2024 Deepak Spinners Limited at its Annual General Meeting held on August 30, 2024 declared a dividend of INR 0.50 per equity share for the year ended on March 31, 2024. Upcoming Dividend • Aug 16
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 23 August 2024. Payment date: 29 September 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (0.5%). Reported Earnings • Aug 09
Full year 2024 earnings released: EPS: ₹1.81 (vs ₹55.76 in FY 2023) Full year 2024 results: EPS: ₹1.81 (down from ₹55.76 in FY 2023). Revenue: ₹4.71b (down 16% from FY 2023). Net income: ₹13.0m (down 97% from FY 2023). Profit margin: 0.3% (down from 7.1% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Annonce • Aug 06
Deepak Spinners Limited, Annual General Meeting, Aug 30, 2024 Deepak Spinners Limited, Annual General Meeting, Aug 30, 2024, at 15:30 Indian Standard Time. Annonce • Jul 30
Deepak Spinners Limited to Report Q1, 2025 Results on Aug 13, 2024 Deepak Spinners Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹1.81 (vs ₹55.76 in FY 2023) Full year 2024 results: EPS: ₹1.81 (down from ₹55.76 in FY 2023). Revenue: ₹4.74b (down 16% from FY 2023). Net income: ₹13.0m (down 97% from FY 2023). Profit margin: 0.3% (down from 7.1% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Annonce • May 31
Deepak Spinners Limited Proposes Dividend for the Year Ended on 31 March 2024 Deepak Spinners Limited at its board meeting of Shareholders held on 29 May 2024 recommended a dividend of INR 0.50 (Fifty Paise Only) per equity share of INR 10/- each equivalent to 5% on paid up equity share capital of the Company for the year ended on 31st March 2024. The dividend will be subject To Approve the shareholders in the up coming Annual General Meeting of the Company. Annonce • May 25
Deepak Spinners Limited to Report Q4, 2024 Results on May 29, 2024 Deepak Spinners Limited announced that they will report Q4, 2024 results on May 29, 2024 Annonce • Apr 16
Deepak Spinners Limited Announces Management Changes Deepak Spinners Limited announced management changes: The tenure of Shri Pradip Kumar Daga (DIN: 00040692), aged 87 years as Chairman and Managing Director has expired with effect from April 16, 2024; The continuation of Directorship of Shri Pradip Kumar Daga (DIN: 00040692) as a Non-Executive Non- Independent Director of the Company, liable to retire by rotation with effect from April 16, 2024 could not take effect, due to rejection of special resolution. Accordingly, Shri Pradip Kumar Daga ceases to be a Director of the Company with effect from April 16, 2024; Designation of Shri Pradip Kumar Daga as the Chairman Emeritus of the Company takes effective on April 16, 2024; and the re-designation of Shri Yashwant Kumar Daga, (Din: 00040632) from `Vice Chairman and Joint Managing Director' to `Chairman and Managing Director' takes effect from April 16, 2024. Reported Earnings • Feb 11
Third quarter 2024 earnings released: ₹0.71 loss per share (vs ₹10.11 profit in 3Q 2023) Third quarter 2024 results: ₹0.71 loss per share (down from ₹10.11 profit in 3Q 2023). Revenue: ₹1.17b (down 6.6% from 3Q 2023). Net loss: ₹5.10m (down 107% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jan 31
Deepak Spinners Limited to Report Q3, 2024 Results on Feb 09, 2024 Deepak Spinners Limited announced that they will report Q3, 2024 results on Feb 09, 2024 Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹309, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 297% over the past three years. Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: ₹3.53 (vs ₹18.21 in 2Q 2023) Second quarter 2024 results: EPS: ₹3.53 (down from ₹18.21 in 2Q 2023). Revenue: ₹1.34b (down 15% from 2Q 2023). Net income: ₹25.4m (down 81% from 2Q 2023). Profit margin: 1.9% (down from 8.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Oct 20
Deepak Spinners Limited to Report Q2, 2024 Results on Nov 09, 2023 Deepak Spinners Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Annonce • Sep 27
Deepak Spinners Limited Appoints Mr. Matru Prasad Satpathy as Senior Executive Vice President Board of Directors of Deepak Spinners Limited held meeting on 15 September 2023 approved Mr. Matru Prasad Satpathy - confirmed and joined as Senior Executive Vice President as Unit Head responsible for all operations of Guna works of the Company with effect from 26 September 2023. He holds a diploma in Textile Technology. He has over 34 years of experience in production and production planning of cotton and synthetic yarn. Annonce • Sep 16
Deepak Spinners Limited Appoints Mr. Raja Ram Kankani as President, Effective September 25, 2023 Deepak Spinners Limited announced that at the board meeting held on September 15, 2023, the company approved the appointment of Mr. Raja Ram Kankani as President, Effective September 25, 2023. He is M.Com and MBA (Marketing). He has over 40 years of experience in marketing of textile products in domestic as well as overseas markets. Prior to joining with Deepak Spinners Limited, he has worked with M/s. Sutlej Textiles and Industries Limited, LNJ Bhilwara group and Pasupati Spg & Wvg. Mills Limited. Annonce • Sep 14
Deepak Spinners Limited Announces Resignation of Shri Upendra Kumar Pattnaik, President Deepak Spinners Limited announced that resignation letter submitted by Shri Upendra Kumar Pattnaik, President of the Company from the services of the Company has become effective from 11th September 2023. Annonce • Sep 09
Deepak Spinners Limited Announces Resignation of Dinesh Rajpurohit as Senior Executive Vice-President Deepak Spinners Limited announced that Shri Dinesh Rajpurohit, senior executive vice-president of the company has resigned from the services of the company on 8 September 2023. Annonce • Sep 06
Deepak Spinners Limited Announces Resignation of Upendra Kumar Pattnaik, President Deepak Spinners Limited announced that Shri Upendra Kumar Pattnaik, President of the Company has resigned from the services of the Company on 5 September 2023. Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: ₹3.06 (vs ₹17.33 in 1Q 2023) First quarter 2024 results: EPS: ₹3.06 (down from ₹17.33 in 1Q 2023). Revenue: ₹1.13b (down 27% from 1Q 2023). Net income: ₹22.0m (down 82% from 1Q 2023). Profit margin: 1.9% (down from 8.1% 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 41% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹289, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 21x in the Luxury industry in India. Total returns to shareholders of 379% over the past three years. Annonce • Jul 14
Deepak Spinners Limited Approves Dividend for the Year Ended March 31, 2023 Deepak Spinners Limited approved dividend of INR 2.50 per equity share paid for the year ended March 31, 2023. Upcoming Dividend • Jun 28
Upcoming dividend of ₹2.50 per share at 1.1% yield Eligible shareholders must have bought the stock before 05 July 2023. Payment date: 11 August 2023. Payout ratio is a comfortable 4.5% and the cash payout ratio is 81%. Trailing yield: 1.1%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.5%). Board Change • Jun 23
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Additional Independent Non-Executive Director Sharad Agarwal was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • May 31
Deepak Spinners Limited, Annual General Meeting, Jul 12, 2023 Deepak Spinners Limited, Annual General Meeting, Jul 12, 2023, at 16:00 Indian Standard Time. Annonce • May 26
Deepak Spinners Limited Recommends Dividend for the Year Ended on 31 March 2023 Deepak Spinners Limited in its board meeting held on May 24, 2024 Recommended a dividend of INR 2.50/- (Rupees Two and Fifty Only) per equity share of INR 10/- each equivalent to 25% (Twenty Five Percent) on paid up equity share capital of the Company for the year ended on 31 March 2023. The dividend will be subject To Approve the shareholders in the ensuing Annual General Meeting of the Company. Reported Earnings • May 26
Full year 2023 earnings released: EPS: ₹55.76 (vs ₹54.64 in FY 2022) Full year 2023 results: EPS: ₹55.76 (up from ₹54.64 in FY 2022). Revenue: ₹5.64b (up 6.7% from FY 2022). Net income: ₹400.9m (up 2.0% from FY 2022). Profit margin: 7.1% (down from 7.4% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 50% per year whereas the company’s share price has increased by 52% per year. Annonce • May 13
Deepak Spinners Limited to Report Q4, 2023 Results on May 24, 2023 Deepak Spinners Limited announced that they will report Q4, 2023 results on May 24, 2023 Annonce • Jan 24
Deepak Spinners Limited to Report Q3, 2023 Results on Feb 10, 2023 Deepak Spinners Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Annonce • Jan 17
Deepak Spinners Limited Announces Resignation of Nilu Agrawal as Independent Director Deepak Spinners Limited announced that Mrs. Nilu Agrawal Independent Director of the Company has vide her letter dated 17 January 2023 resigned from the position of Independent Director of the Company with effect from the same date. Mrs. Nilu Agrawal has confirmed that there is no other material reason for her resignation other than as provided in the letter. Annonce • Sep 30
Deepak Spinners Limited Announces Alteration in Nomenclature of Designation of Managing Director Deepak Spinners Limited announced that in the Board Meeting held on 27 September 2022 which concluded at 4.30 p.m., the nomenclature of designation of Shri Yashwant Kumar Daga (DIN 0040632), has been altered by removing the world `Senior' from his designation with immediate effect, who was appointed as Managing Director of the Company designated as `Vice Chairman and Senior Joint Managing Director' of the Company on 23 December 2021. Reported Earnings • Aug 12
First quarter 2023 earnings released First quarter 2023 results: Revenue: ₹1.55b (up 88% from 1Q 2022). Net income: ₹124.6m (up 139% from 1Q 2022). Profit margin: 8.1% (up from 6.3% in 1Q 2022). The increase in margin was driven by higher revenue. Annonce • Jul 28
Deepak Spinners Limited to Report Q2, 2022 Results on Aug 10, 2022 Deepak Spinners Limited announced that they will report Q2, 2022 results on Aug 10, 2022 Annonce • Jul 01
Deepak Spinners Limited Announces Dividend for the Year Ended March 31, 2022 Deepak Spinners Limited at 40th Annual General Meeting on 30th June 2022 approved Declaration of Dividend of INR 2.50 per equity share paid for the year ended March 31, 2022. 2022. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 21% share price gain to ₹242, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 199% over the past three years. Upcoming Dividend • Jun 15
Upcoming dividend of ₹2.50 per share Eligible shareholders must have bought the stock before 22 June 2022. Payment date: 30 July 2022. Payout ratio is a comfortable 4.6% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Indian dividend payers (1.8%). Higher than average of industry peers (0.6%). Reported Earnings • Jun 10
Full year 2022 earnings released: EPS: ₹54.64 (vs ₹21.82 in FY 2021) Full year 2022 results: EPS: ₹54.64 (up from ₹21.82 in FY 2021). Revenue: ₹5.28b (up 33% from FY 2021). Net income: ₹392.9m (up 150% from FY 2021). Profit margin: 7.4% (up from 4.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Annonce • May 18
Deepak Spinners Limited, Annual General Meeting, Jun 30, 2022 Deepak Spinners Limited, Annual General Meeting, Jun 30, 2022, at 14:30 Indian Standard Time. Annonce • May 12
Deepak Spinners Limited Recommends Dividend for the Year Ended on 31 March 2022 Deepak Spinners Limited announced that at the meeting of Board of Directors of the Company held on 10 May 2022 recommended a dividend of INR 2.50 per equity share of INR 10 each equivalent to 25% on paid up equity share capital of the Company for the year ended on 31 March 2022. The dividend will be subject To Approve the shareholders in the ensuing Annual General Meeting of the Company. Annonce • Apr 22
Deepak Spinners Limited Announces Board Changes Deepak Spinners Limited announced that at its Extra Ordinary General Meeting held on April 20, 2022, approved the appointment of Shri Vivek Chiraniya as Independent Director; approved change in designation of Shri Shantanu Daga from Whole Time Director to Non-Executive Director. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 27% share price gain to ₹326, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 253% over the past three years. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improved over the past week After last week's 16% share price gain to ₹266, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 185% over the past three years. Annonce • Feb 19
Deepak Spinners Limited Announces Resignation of Jyotsna Mital as Independent Director Deepak Spinners Limited announced that Ms. Jyotsna Mital, Independent Director of the Company has resigned from the position of Independent Director of the Company with effect from 16 February 2022. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹285, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 204% over the past three years. Reported Earnings • Feb 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹14.74 (up from ₹13.02 in 3Q 2021). Revenue: ₹1.50b (up 26% from 3Q 2021). Net income: ₹106.0m (up 13% from 3Q 2021). Profit margin: 7.1% (down from 7.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 48% per year. Annonce • Feb 05
Deepak Spinners Limited Appoints Asha Devi Daga as Non-Executive Non- Independent Director and Jyotsna Mital as Independent Director Deepak Spinners Limited appointed Asha Devi Daga as Non-Executive Non- Independent Director and Jyotsna Mital as Independent Director. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 19% share price gain to ₹326, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 257% over the past three years. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improved over the past week After last week's 15% share price gain to ₹287, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 235% over the past three years. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS ₹16.05 (vs ₹5.97 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹1.61b (up 31% from 2Q 2021). Net income: ₹115.4m (up 169% from 2Q 2021). Profit margin: 7.2% (up from 3.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 08
Upcoming dividend of ₹2.00 per share Eligible shareholders must have bought the stock before 15 September 2021. Payment date: 23 October 2021. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.4%). Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 18% share price gain to ₹292, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 231% over the past three years. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹7.26 (vs ₹10.15 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹827.0m (up 91% from 1Q 2021). Net income: ₹52.2m (up ₹125.2m from 1Q 2021). Profit margin: 6.3% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 38% share price gain to ₹422, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 21x in the Luxury industry in India. Total returns to shareholders of 488% over the past three years. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improved over the past week After last week's 22% share price gain to ₹260, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 21x in the Luxury industry in India. Total returns to shareholders of 287% over the past three years. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improved over the past week After last week's 24% share price gain to ₹208, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 209% over the past three years. Reported Earnings • Jun 27
Full year 2021 earnings released: EPS ₹21.82 (vs ₹20.70 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹3.97b (down 14% from FY 2020). Net income: ₹156.9m (up 5.4% from FY 2020). Profit margin: 4.0% (up from 3.2% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improved over the past week After last week's 17% share price gain to ₹177, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 156% over the past three years. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improved over the past week After last week's 23% share price gain to ₹118, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 51% over the past three years. Annonce • Mar 19
Deepak Spinners Limited Appoints Upendra Kumar Patnaik as President Deepak Spinners Limited announced that Shri Upendra Kumar Patnaik was appointed as President of the Company categorized as Key Managerial Person, in the Board Meeting held on 18 March 2021. Is New 90 Day High Low • Mar 03
New 90-day high: ₹111 The company is up 52% from its price of ₹72.95 on 03 December 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 15% over the same period. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improved over the past week After last week's 16% share price gain to ₹111, the stock is trading at a trailing P/E ratio of 6.1x, up from the previous P/E ratio of 5.2x. This compares to an average P/E of 18x in the Luxury industry in India. Total returns to shareholders over the past three years are 32%. Reported Earnings • Feb 06
Third quarter 2021 earnings released: EPS ₹13.02 (vs ₹5.67 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹1.20b (up 13% from 3Q 2020). Net income: ₹93.6m (up 129% from 3Q 2020). Profit margin: 7.8% (up from 3.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 04
New 90-day high: ₹95.65 The company is up 41% from its price of ₹68.00 on 06 November 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 23% over the same period. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improved over the past week After last week's 16% share price gain to ₹95.65, the stock is trading at a trailing P/E ratio of 8.8x, up from the previous P/E ratio of 7.6x. This compares to an average P/E of 20x in the Luxury industry in India. Total returns to shareholders over the past three years are 11%. Annonce • Jan 22
Deepak Spinners Limited to Report Q3, 2021 Results on Feb 05, 2021 Deepak Spinners Limited announced that they will report Q3, 2021 results on Feb 05, 2021 Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improved over the past week After last week's 15% share price gain to ₹89.95, the stock is trading at a trailing P/E ratio of 8.3x, up from the previous P/E ratio of 7.2x. This compares to an average P/E of 20x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 13%. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS ₹5.97 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₹1.23b (down 6.5% from 2Q 2020). Net income: ₹42.9m (up 44% from 2Q 2020). Profit margin: 3.5% (up from 2.3% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Annonce • Nov 10
Deepak Spinners Limited Announces Board Appointments Deepak Spinners Limited announced appointment of Shri Anand Prasad Agarwalla as Additional Director in the category of Independent Director. Shri Shantanu Daga was also appointed as a Whole Time Director designated as Joint Managing Director subject to approval of shareholders in the next General Meeting. Valuation Update With 7 Day Price Move • Oct 14
Market pulls back on stock over the past week After last week's 18% share price decline to ₹62.50, the stock is trading at a trailing P/E ratio of 6.9x, down from the previous P/E ratio of 8.4x. This compares to an average P/E of 14x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 21%. Recent Insider Transactions • Oct 04
Insider recently bought ₹1.0m worth of stock On the 30th of September, Yashwant Daga bought around 14k shares on-market at roughly ₹72.97 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹4.1m more in shares than they have sold in the last 12 months. Is New 90 Day High Low • Sep 28
New 90-day high: ₹75.60 The company is up 15% from its price of ₹65.85 on 30 June 2020. The Indian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 10.0% over the same period. Annonce • Jun 28
Deepak Spinners Limited to Report Fiscal Year 2020 Results on Jun 30, 2020 Deepak Spinners Limited announced that they will report fiscal year 2020 results on Jun 30, 2020