Annonce • May 22
HBG Hotels Limited to Report Q4, 2026 Results on May 29, 2026 HBG Hotels Limited announced that they will report Q4, 2026 results on May 29, 2026 Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹83.43, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 26x in the Hospitality industry in India. Total returns to shareholders of 29% over the past three years. New Risk • Mar 30
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 9.4% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (216% net profit margin). Revenue is less than US$5m (₹246m revenue, or US$2.6m). Market cap is less than US$100m (₹1.34b market cap, or US$14.1m). Reported Earnings • Feb 13
Third quarter 2026 earnings released: EPS: ₹0.36 (vs ₹1.49 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.36 (down from ₹1.49 in 3Q 2025). Net income: ₹7.33m (down 67% from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 09
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 Interest payments are not well covered by earnings (0.6x net interest cover). High level of non-cash earnings (39% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (208% net profit margin). Revenue is less than US$5m (₹264m revenue, or US$2.9m). Market cap is less than US$100m (₹2.22b market cap, or US$24.5m). Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹120, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 28x in the Hospitality industry in India. Total returns to shareholders of 142% over the past three years. New Risk • Feb 05
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). High level of non-cash earnings (39% accrual ratio). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (208% net profit margin). Revenue is less than US$5m (₹264m revenue, or US$2.9m). Market cap is less than US$100m (₹1.91b market cap, or US$21.2m). Annonce • Feb 04
HBG Hotels Limited to Report Q3, 2026 Results on Feb 11, 2026 HBG Hotels Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 11, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹0.44 (vs ₹0.10 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹0.44 (up from ₹0.10 loss in 2Q 2025). Net income: ₹8.72m (up ₹10.1m from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Annonce • Nov 08
Phoenix Township Limited to Report Q2, 2026 Results on Nov 14, 2025 Phoenix Township Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹174, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 36x in the Hospitality industry in India. Total returns to shareholders of 228% over the past three years. New Risk • Oct 23
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 6.8% 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 (currently running at an operating cash loss). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (170% net profit margin). Revenue is less than US$5m (₹318m revenue, or US$3.6m). Market cap is less than US$100m (₹2.64b market cap, or US$30.1m). Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹161, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 36x in the Hospitality industry in India. Total returns to shareholders of 244% over the past three years. Upcoming Dividend • Sep 15
Upcoming dividend of ₹0.15 per share Eligible shareholders must have bought the stock before 22 September 2025. Payment date: 29 October 2025. Payout ratio is a comfortable 0.8% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (0.3%). Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹199, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 37x in the Hospitality industry in India. Total returns to shareholders of 366% over the past three years. Annonce • Aug 18
Phoenix Township Limited, Annual General Meeting, Sep 29, 2025 Phoenix Township Limited, Annual General Meeting, Sep 29, 2025. Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: ₹0.12 (vs ₹1.70 in 1Q 2025) First quarter 2026 results: EPS: ₹0.12 (down from ₹1.70 in 1Q 2025). Net income: ₹2.21m (down 91% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 64% per year whereas the company’s share price has increased by 65% per year. Annonce • Aug 14
Phoenix Township Limited Appoints Mrs. Prachi Jain as Company Secretary and Compliance Officer, Effective August 14, 2025 Phoenix Township Limited announced that at its board meeting held on August 14, 2025, the board approved the appointment of Mrs. Prachi Jain as a company secretary and compliance officer of the company with effect from August 14, 2025. Mrs. Prachi Jain is associate member of the Institute of Company Secretaries of India ("ICSI") having membership number A40620. She has 7 years of experience (including practical training of ICSI) in handling Company Secretarial and Compliance Functions. Annonce • Aug 04
Phoenix Township Limited to Report Q1, 2026 Results on Aug 14, 2025 Phoenix Township Limited announced that they will report Q1, 2026 results on Aug 14, 2025 New Risk • May 30
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 42% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (42% accrual ratio). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Profit margins are more than 30% lower than last year (159% net profit margin). Revenue is less than US$5m (₹352m revenue, or US$4.1m). Market cap is less than US$100m (₹4.50b market cap, or US$52.7m). Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹269, the stock trades at a trailing P/E ratio of 2.5x. Average trailing P/E is 38x in the Hospitality industry in India. Total returns to shareholders of 613% over the past three years. Annonce • May 16
Phoenix Township Limited to Report Q4, 2025 Results on May 23, 2025 Phoenix Township Limited announced that they will report Q4, 2025 results on May 23, 2025 New Risk • Apr 27
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major 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 (3.2% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (₹344m revenue, or US$4.0m). Market cap is less than US$100m (₹4.02b market cap, or US$47.1m). Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹241, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 32x in the Hospitality industry in India. Total returns to shareholders of 708% over the past three years. New Risk • Mar 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% 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 Debt is not well covered by operating cash flow (3.2% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (23% increase in shares outstanding). Revenue is less than US$5m (₹344m revenue, or US$3.9m). Market cap is less than US$100m (₹3.57b market cap, or US$40.8m). New Risk • Feb 17
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 7.8% 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 Debt is not well covered by operating cash flow (3.2% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (₹344m revenue, or US$4.0m). Market cap is less than US$100m (₹3.25b market cap, or US$37.4m). Reported Earnings • Feb 08
Third quarter 2025 earnings released Third quarter 2025 results: EPS: ₹1.49. Net income: ₹22.1m (up 430% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has increased by 133% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to ₹285, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 37x in the Hospitality industry in India. Total returns to shareholders of 1,169% over the past three years. Reported Earnings • Nov 16
Second quarter 2025 earnings released: ₹0.10 loss per share (vs ₹0.091 loss in 2Q 2024) Second quarter 2025 results: ₹0.10 loss per share (further deteriorated from ₹0.091 loss in 2Q 2024). Net loss: ₹1.43m (loss widened 12% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 131% per year but the company’s share price has increased by 152% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Nov 06
Phoenix Township Limited to Report Q2, 2025 Results on Nov 14, 2024 Phoenix Township Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Annonce • Sep 26
Phoenix Township Limited Announces Tenure Completion of Surendra Ambalal Dave as Independent Director Phoenix Township Limited announced that Mr. Surendra Ambalal Dave, completed his second and final term of 10 years as an Independent Director and consequently he ceased to be an Independent Director of the Company with effect from September 22, 2024. Annonce • Aug 16
Phoenix Township Limited, Annual General Meeting, Sep 28, 2024 Phoenix Township Limited, Annual General Meeting, Sep 28, 2024, at 15:30 Indian Standard Time. Reported Earnings • Aug 16
First quarter 2025 earnings released: EPS: ₹1.70 (vs ₹0.25 in 1Q 2024) First quarter 2025 results: EPS: ₹1.70 (up from ₹0.25 in 1Q 2024). Net income: ₹23.7m (up ₹20.3m from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 153% per year but the company’s share price has only increased by 120% per year, which means it is significantly lagging earnings growth. Annonce • Aug 15
Phoenix Township Limited Approves Reconstitution of Nomination and Remuneration Committee and Reconstitution of Audit Committee Phoenix Township Limited approved reconstitution of Nomination and Remuneration Committee and reconstitution of Audit Committee of the Company, at its Board Meeting held on August 14, 2024. Details of Nomination and Remuneration Committee reconstituted with effect from August 14th, 2024: Mr. Kiran Talcherkar, Non-Executive-Independent Director as Chairman; Dr. Anita Shantaram, Non-Executive-Independent Director as Member and Mr. Dev Toprani, Non-Executive-Independent Director as Member. Audit Committee reconstituted with effect from August 14, 2024: Mr. Kiran Talcherkar, Non-Executive-Independent Director as Chairman; Dr. Anita Shantaram, Non-Executive-Independent Director as Member and Mr. Dev Toprani, Non-Executive-Independent Director as Member. Annonce • Aug 09
Phoenix Township Limited to Report Q1, 2025 Results on Aug 14, 2024 Phoenix Township Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Annonce • Aug 07
Phoenix Township Limited announced that it expects to receive INR 998.14 million in funding Phoenix Township Limited announced a private placement that it will issue 810,000 equity shares at an issue price of INR 143 per share for the gross proceeds of INR 115,830,000 to non-promoters on preferential basis; 4,470,000 Convertible Warrants to Promoters on preferential basis at an issue price of INR 143 per warrant for the gross proceeds of INR 639,210,000 and 1,700,000 Convertible warrants to Non- Promoters on preferential basis at an issue price of INR 143 per warrant for the gross proceeds of INR 243,100,000 for the aggregate gross proceeds of up to INR 998,140,000 on August 5, 2024. The transaction has been approved by the board of directors of the company. New Risk • Jun 15
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. 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 (165% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (₹295m revenue, or US$3.5m). Market cap is less than US$100m (₹1.92b market cap, or US$22.9m). Annonce • Jun 01
Phoenix Township Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024 Phoenix Township Limited at its board meeting held on May 30, 2024, recommend a Final Dividend of 2.5% i.e INR 0.25 /- per Equity Share of INR 10/- each and 1% i.e. INR 0.10/- per preference shares of INR 10/- each for the financial year ended March 31, 2024, subject to the approval of the Shareholders at the ensuing Annual General Meeting of the Company. Buy Or Sell Opportunity • May 29
Now 20% overvalued Over the last 90 days, the stock has fallen 2.1% to ₹94.97. The fair value is estimated to be ₹79.09, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Meanwhile, the company has become profitable. Annonce • May 09
Phoenix Township Limited to Report Q4, 2024 Results on May 13, 2024 Phoenix Township Limited announced that they will report Q4, 2024 results on May 13, 2024 Annonce • Mar 22
Phoenix Township Limited Appoints Mansi Rajesh Thakkar as Company Secretary and Compliance Officer Phoenix Township Limited announced that the Board of Directors has approved the appointment of Ms. Mansi Rajesh Thakkar as Company Secretary and Compliance Officer of the Company with the effect from 21st March, 2024 based on the recommendation of the Nomination and Remuneration Committee. Qualification: B.com & CS. Work Experience: Experienced in the field of Companies Act, 2013, SEBI Regulations, RBI Compliances, NCLT and more. Buy Or Sell Opportunity • Feb 19
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to ₹98.94. The fair value is estimated to be ₹81.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Feb 14
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: ₹80.9m (up 1.1% from 3Q 2023). Net income: ₹4.17m (up 211% from 3Q 2023). Profit margin: 5.2% (up from 1.7% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has increased by 108% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Feb 06
Phoenix Township Limited Announces Resignation of Hunny Naresh Mehta as Company Secretary and Compliance Officer Phoenix Township Limited announced resignation of Ms. Hunny Naresh Mehta as Company Secretary and Compliance officer of the company with effect from the closure of business hours with effect from February 06, 2024. Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: ₹0.091 (vs ₹0.26 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.091 (down from ₹0.26 in 2Q 2023). Revenue: ₹51.3m (up 10.0% from 2Q 2023). Net loss: ₹1.27m (down 135% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 89% per year whereas the company’s share price has increased by 88% per year. New Risk • Aug 17
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: 2.9% Last year net profit margin: 8.3% 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 Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (2.9% net profit margin). Revenue is less than US$5m (₹272m revenue, or US$3.3m). Market cap is less than US$100m (₹1.05b market cap, or US$12.6m). Reported Earnings • Aug 16
First quarter 2024 earnings released: EPS: ₹0.25 (vs ₹0.18 in 1Q 2023) First quarter 2024 results: EPS: ₹0.25 (up from ₹0.18 in 1Q 2023). Revenue: ₹68.5m (up 16% from 1Q 2023). Net income: ₹3.46m (up 40% from 1Q 2023). Profit margin: 5.1% (up from 4.2% in 1Q 2023). The increase in margin was driven by higher revenue. 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 82% per year, which means it is significantly lagging earnings growth. Annonce • Aug 16
Phoenix Township Limited, Annual General Meeting, Sep 29, 2023 Phoenix Township Limited, Annual General Meeting, Sep 29, 2023. Annonce • Aug 15
Phoenix Township Limited Appoints Hunny Mehta as Company Secretary and Compliance Officer Phoenix Township Limited announced that at its board meeting held on August 14, 2023, appointed Ms. Hunny Mehta as the Company Secretary and Compliance Officer of the company. Qualification: B.com, L.L.B and CS. Experienced in the field of Companies Act, 2013, SEBI Regulations, RBI Compliances, NCLT and more. Annonce • Aug 08
Phoenix Township Limited to Report Q1, 2024 Results on Aug 14, 2023 Phoenix Township Limited announced that they will report Q1, 2024 results at 3:30 PM, Indian Standard Time on Aug 14, 2023 New Risk • Jul 01
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 7.5% 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 Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Revenue is less than US$5m (₹262m revenue, or US$3.2m). Market cap is less than US$100m (₹853.7m market cap, or US$10.4m). Reported Earnings • May 18
Full year 2023 earnings released: EPS: ₹0.60 (vs ₹0.20 in FY 2022) Full year 2023 results: EPS: ₹0.60 (up from ₹0.20 in FY 2022). Revenue: ₹262.3m (up 64% from FY 2022). Net income: ₹6.79m (up 137% from FY 2022). Profit margin: 2.6% (up from 1.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has increased by 99% per year, which means it is tracking significantly ahead of earnings growth. Annonce • May 11
Phoenix Township Limited to Report Q4, 2023 Results on May 16, 2023 Phoenix Township Limited announced that they will report Q4, 2023 results at 3:30 PM, Indian Standard Time on May 16, 2023 Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹55.35, the stock trades at a trailing P/E ratio of 61.4x. Average trailing P/E is 26x in the Hospitality industry in India. Total returns to shareholders of 136% over the past year. Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹0.01 (vs ₹1.33 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.01 (down from ₹1.33 in 3Q 2022). Revenue: ₹80.0m (up 12% from 3Q 2022). Net income: ₹1.34m (down 93% from 3Q 2022). Profit margin: 1.7% (down from 26% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 67% per year, which means it is significantly lagging earnings growth. Annonce • Feb 04
Phoenix Township Limited to Report Q3, 2023 Results on Feb 13, 2023 Phoenix Township Limited announced that they will report Q3, 2023 results on Feb 13, 2023 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. 5 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Dev Toprani was the last director to join the board, commencing their role in 2018. 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 • Nov 09
Investor sentiment improved over the past week After last week's 16% share price gain to ₹53.00, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 30x in the Hospitality industry in India. Total returns to shareholders of 405% over the past three years. Reported Earnings • Nov 03
Second quarter 2023 earnings released: EPS: ₹0.26 (vs ₹0.63 loss in 2Q 2022) Second quarter 2023 results: EPS: ₹0.26 (up from ₹0.63 loss in 2Q 2022). Revenue: ₹46.6m (up 94% from 2Q 2022). Net income: ₹3.63m (up ₹12.5m from 2Q 2022). Profit margin: 7.8% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year whereas the company’s share price has increased by 63% per year. Annonce • Oct 22
Phoenix Township Limited to Report Q2, 2023 Results on Nov 02, 2022 Phoenix Township Limited announced that they will report Q2, 2023 results on Nov 02, 2022 Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: ₹0.18 (vs ₹0.86 loss in 1Q 2022) First quarter 2023 results: EPS: ₹0.18 (up from ₹0.86 loss in 1Q 2022). Revenue: ₹59.2m (up 391% from 1Q 2022). Net income: ₹2.48m (up ₹14.5m from 1Q 2022). Profit margin: 4.2% (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 11% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Aug 13
Phoenix Township Limited, Annual General Meeting, Sep 28, 2022 Phoenix Township Limited, Annual General Meeting, Sep 28, 2022, at 15:00 Indian Standard Time. Agenda: Annual General Meeting. Annonce • Aug 06
Phoenix Township Limited to Report Q1, 2023 Results on Aug 12, 2022 Phoenix Township Limited announced that they will report Q1, 2023 results at 3:30 PM, Indian Standard Time on Aug 12, 2022 Annonce • Aug 03
Phoenix Township Limited Announces Resignation of Puspraj Ramshila Pandey as Chief Financial Officer Phoenix Township Limited informed that Mr. Puspraj Ramshila Pandey (Chief Financial Officer and Key Managerial Personnel) has tendered his resignation dated August 01, 2022 and he will be relieved from his duties effective from 13 August 2022. Annonce • Jun 29
Phoenix Township Limited Announces Resignation of Prafulla Rajaram Hede as Director and Chairman Phoenix Township Limited informed that Dr. Prafulla Rajaram Hede, Director and Chairman of the Company, has tendered his resignation wide resignation letter dated 27 June, 2022, from the Board and chairmanship of the Company with immediate effect, due to ongoing health issues. Reported Earnings • Jun 02
Full year 2022 earnings released Full year 2022 results: Revenue: ₹160.8m (up 70% from FY 2021). Net income: ₹2.87m (up ₹20.3m from FY 2021). Profit margin: 1.8% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 46% per year, which means it is well ahead of earnings. Annonce • May 22
Phoenix Township Limited to Report Q4, 2022 Final Results on May 30, 2022 Phoenix Township Limited announced that they will report Q4, 2022 final results on May 30, 2022 Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹47.70, the stock trades at a trailing P/E ratio of 52.9x. Average trailing P/E is 59x in the Hospitality industry in India. Total returns to shareholders of 253% over the past three years. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 4 independent directors (5 non-independent directors). Non-Executive Additional Independent Director Dev Toprani was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 20% share price gain to ₹36.30, the stock trades at a trailing P/E ratio of 40.3x. Average trailing P/E is 66x in the Hospitality industry in India. Total returns to shareholders of 142% over the past three years. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improved over the past week After last week's 17% share price gain to ₹25.85, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 60x in the Hospitality industry in India. Total returns to shareholders of 75% over the past three years. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improved over the past week After last week's 27% share price gain to ₹28.55, the stock trades at a trailing P/E ratio of 31.7x. Average trailing P/E is 61x in the Hospitality industry in India. Total returns to shareholders of 88% over the past three years. Reported Earnings • Feb 14
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹1.33 (up from ₹0.28 loss in 3Q 2021). Revenue: ₹72.3m (up 128% from 3Q 2021). Net income: ₹18.6m (up ₹22.5m from 3Q 2021). Profit margin: 26% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Annonce • Feb 05
Phoenix Township Limited to Report Q3, 2022 Results on Feb 12, 2022 Phoenix Township Limited announced that they will report Q3, 2022 results on Feb 12, 2022 Reported Earnings • Nov 18
Second quarter 2022 earnings released: ₹0.63 loss per share (vs ₹1.25 loss in 2Q 2021) The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2022 results: Revenue: ₹24.4b (up ₹24.4b from 2Q 2021). Net loss: ₹8.86b (loss widened ₹8.84b from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 166% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 18
First quarter 2022 earnings released: ₹0.86 loss per share (vs ₹0.78 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: ₹12.1m (up 119% from 1Q 2021). Net loss: ₹12.0m (loss widened 10% from 1Q 2021). 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. Reported Earnings • Jul 06
Full year 2021 earnings released: ₹1.25 loss per share (vs ₹0.27 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹97.9m (down 52% from FY 2020). Net loss: ₹17.4m (down ₹21.2m from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 18
New 90-day low: ₹10.05 The company is down 4.0% from its price of ₹10.44 on 20 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 13% over the same period. Reported Earnings • Feb 14
Third quarter 2021 earnings released: ₹0.28 loss per share (vs ₹0.43 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: ₹31.8m (down 52% from 3Q 2020). Net loss: ₹3.90m (down 166% 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 114 percentage points per year, which is a significant difference in performance. Annonce • Feb 06
Phoenix Township Limited to Report Q3, 2021 Results on Feb 13, 2021 Phoenix Township Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Is New 90 Day High Low • Dec 02
New 90-day high: ₹11.28 The company is up 5.0% from its price of ₹10.70 on 02 September 2020. The Indian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 12% over the same period. Reported Earnings • Nov 01
First half earnings released Over the last 12 months the company has reported total losses of ₹19.6m, with earnings decreasing by ₹20.7m from the prior year. Total revenue was ₹130.2m over the last 12 months, down 36% from the prior year. Annonce • Aug 22
Phoenix Township Limited to Report Q1, 2021 Results on Aug 31, 2020 Phoenix Township Limited announced that they will report Q1, 2021 results on Aug 31, 2020 Annonce • Jul 26
Phoenix Township Limited to Report Q4, 2020 Results on Jul 30, 2020 Phoenix Township Limited announced that they will report Q4, 2020 results on Jul 30, 2020 
