Valuation Update With 7 Day Price Move • 10h
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹296, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 221% over the past three years. Reported Earnings • May 28
Full year 2026 earnings released: EPS: ₹23.99 (vs ₹15.21 in FY 2025) Full year 2026 results: EPS: ₹23.99 (up from ₹15.21 in FY 2025). Revenue: ₹5.85b (up 41% from FY 2025). Net income: ₹536.8m (up 60% from FY 2025). Profit margin: 9.2% (up from 8.0% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth. Annonce • May 14
Swaraj Suiting Limited to Report Q4, 2026 Results on May 18, 2026 Swaraj Suiting Limited announced that they will report Q4, 2026 results on May 18, 2026 Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹5.04 (vs ₹4.67 in 3Q 2025) Third quarter 2026 results: EPS: ₹5.04. Revenue: ₹1.67b (up 31% from 3Q 2025). Net income: ₹110.9m (down 6.1% from 3Q 2025). Profit margin: 6.6% (down from 9.3% in 3Q 2025). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹272, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 21x in the Luxury industry in India. Total returns to shareholders of 856% over the past three years. Annonce • Nov 14
Swaraj Suiting Limited to Report First Half, 2026 Results on Nov 14, 2025 Swaraj Suiting Limited announced that they will report first half, 2026 results on Nov 14, 2025 New Risk • Nov 10
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 7.1% 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 Debt is not well covered by operating cash flow (15% operating cash flow to total debt). High level of non-cash earnings (38% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (₹5.34b market cap, or US$60.3m). Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹243, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 24x in the Luxury industry in India. Total returns to shareholders of 953% over the past three years. Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹195, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 767% over the past three years. New Risk • Sep 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). High level of non-cash earnings (38% accrual ratio). Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (₹3.74b market cap, or US$42.2m). Annonce • Sep 08
Swaraj Suiting Limited, Annual General Meeting, Sep 30, 2025 Swaraj Suiting Limited, Annual General Meeting, Sep 30, 2025, at 13:00 Indian Standard Time. Board Change • Sep 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. 4 experienced directors. 2 highly experienced directors. Independent Director Amreen Sheikh was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jun 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (29% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (₹4.65b market cap, or US$54.5m). Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹238, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 25x in the Luxury industry in India. Total returns to shareholders of 694% over the past three years. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹165, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 532% over the past three years. New Risk • Mar 21
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 8.5% 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 (2.7x net interest cover). High level of non-cash earnings (29% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (₹3.25b market cap, or US$37.8m). Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹155, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 21x in the Luxury industry in India. Total loss to shareholders of 9.1% over the past year. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹175, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 44% over the past year. Board Change • Nov 19
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. 4 experienced directors. 2 highly experienced directors. Independent Director Amreen Sheikh was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Nov 16
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). High level of non-cash earnings (29% accrual ratio). Minor Risks Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (₹4.59b market cap, or US$54.4m). Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹283, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 174% over the past year. Board Change • Nov 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. 4 experienced directors. 2 highly experienced directors. Independent Director Amreen Sheikh was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Oct 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (₹5.01b market cap, or US$59.7m). Annonce • Sep 13
Swaraj Suiting Limited, Annual General Meeting, Sep 30, 2024 Swaraj Suiting Limited, Annual General Meeting, Sep 30, 2024, at 13:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹331, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 266% over the past year. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹299, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 28x in the Luxury industry in India. Total returns to shareholders of 225% over the past year. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹253, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 271% over the past year. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹9.99 (vs ₹3.85 in FY 2023) Full year 2024 results: EPS: ₹9.99 (up from ₹3.85 in FY 2023). Revenue: ₹3.26b (up 48% from FY 2023). Net income: ₹182.0m (up 229% from FY 2023). Profit margin: 5.6% (up from 2.5% in FY 2023). The increase in margin was driven by higher revenue. New Risk • Jun 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (₹2.74b market cap, or US$32.9m). New Risk • Apr 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 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 Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (₹3.10b market cap, or US$37.2m). Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹215, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 28x in the Luxury industry in India. Total returns to shareholders of 595% over the past year. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹145, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 544% over the past year. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹124, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 375% over the past year. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹111, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 27x in the Luxury industry in India. Total returns to shareholders of 321% over the past year. New Risk • Oct 10
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 9.2% 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 Interest payments are not well covered by earnings (1.9x net interest cover). Share price has been highly volatile over the past 3 months (9.2% average weekly change). High level of non-cash earnings (50% accrual ratio). Minor Risk Market cap is less than US$100m (₹1.36b market cap, or US$16.3m). Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹92.00, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 291% over the past year. Annonce • Sep 09
Swaraj Suiting Limited, Annual General Meeting, Sep 30, 2023 Swaraj Suiting Limited, Annual General Meeting, Sep 30, 2023, at 13:00 Indian Standard Time. Agenda: To consider and adopt (a) the audited financial statement of the Company for the financial year ended March 31, 2023 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2023 and the reports of the Auditors thereon; to consider and appoint Mrs. Samar Khan (DIN:01124399) who retires by rotation as a Director; to consider and ratify the remuneration of Cost Auditors for the financial year ending March 31, 2024; and to discuss other matters. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹117, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 412% over the past year. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹86.85, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 21x in the Luxury industry in India. Total returns to shareholders of 199% over the past year. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹45.05, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 75% over the past year. Reported Earnings • Jun 03
Full year 2023 earnings released: EPS: ₹7.69 (vs ₹3.18 in FY 2022) Full year 2023 results: EPS: ₹7.69 (up from ₹3.18 in FY 2022). Revenue: ₹2.20b (up 71% from FY 2022). Net income: ₹55.4m (up 21% from FY 2022). Profit margin: 2.5% (down from 3.5% in FY 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹33.85, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 3.1% over the past year. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹56.25, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 2.0% over the past year. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improved over the past week After last week's 21% share price gain to ₹51.70, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 15x in the Luxury industry in India. Reported Earnings • Nov 20
First half 2023 earnings released: EPS: ₹2.16 (vs ₹3.32 in 1H 2022) First half 2023 results: EPS: ₹2.16 (down from ₹3.32 in 1H 2022). Revenue: ₹450.7m (down 30% from 1H 2022). Net income: ₹15.5m (down 32% from 1H 2022). Profit margin: 3.4% (down from 3.5% in 1H 2022). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 17% share price gain to ₹54.00, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 14x in the Luxury industry in India. Annonce • Aug 25
Swaraj Suiting Limited, Annual General Meeting, Sep 26, 2022 Swaraj Suiting Limited, Annual General Meeting, Sep 26, 2022, at 13:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improved over the past week After last week's 21% share price gain to ₹55.50, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 12x in the Luxury industry in India. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 26% share price decline to ₹60.90, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 12x in the Luxury industry in India. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improved over the past week After last week's 17% share price gain to ₹55.15, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 13x in the Luxury industry in India. Reported Earnings • Mar 28
Full year 2021 earnings released: EPS: ₹6.00 (vs ₹8.43 in FY 2020) Full year 2021 results: EPS: ₹6.00 (down from ₹8.43 in FY 2020). Revenue: ₹598.7m (down 26% from FY 2020). Net income: ₹26.7m (down 18% from FY 2020). Profit margin: 4.5% (up from 4.1% in FY 2020). The increase in margin was driven by lower expenses. 