Board Change • Jul 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Jayaram Govindarajan was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 28
Full year 2026 earnings released: EPS: ₹7.88 (vs ₹9.31 in FY 2025) Full year 2026 results: EPS: ₹7.88 (down from ₹9.31 in FY 2025). Revenue: ₹3.46b (up 7.3% from FY 2025). Net income: ₹102.1m (down 15% from FY 2025). Profit margin: 2.9% (down from 3.7% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Annuncio • May 14
Shiva Texyarn Limited to Report Q4, 2026 Results on May 27, 2026 Shiva Texyarn Limited announced that they will report Q4, 2026 results on May 27, 2026 Buy Or Sell Opportunity • May 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.4% to ₹168. The fair value is estimated to be ₹212, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Apr 20
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.5% to ₹153. The fair value is estimated to be ₹192, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹145, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 18% over the past three years. Buy Or Sell Opportunity • Mar 02
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to ₹155. The fair value is estimated to be ₹195, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Feb 09
Third quarter 2026 earnings released: EPS: ₹1.26 (vs ₹1.36 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.26 (down from ₹1.36 in 3Q 2025). Revenue: ₹764.2m (up 1.5% from 3Q 2025). Net income: ₹16.3m (down 7.8% from 3Q 2025). Profit margin: 2.1% (down from 2.3% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹189, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 60% over the past three years. Annuncio • Jan 22
Shiva Texyarn Limited to Report Q3, 2026 Results on Feb 05, 2026 Shiva Texyarn Limited announced that they will report Q3, 2026 results on Feb 05, 2026 New Risk • Dec 18
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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Earnings have declined by 15% 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 (6.9% average weekly change). Market cap is less than US$100m (₹2.38b market cap, or US$26.4m). Reported Earnings • Nov 06
Second quarter 2026 earnings released: EPS: ₹4.49 (vs ₹2.13 in 2Q 2025) Second quarter 2026 results: EPS: ₹4.49 (up from ₹2.13 in 2Q 2025). Revenue: ₹1.06b (up 11% from 2Q 2025). Net income: ₹58.2m (up 110% from 2Q 2025). Profit margin: 5.5% (up from 2.9% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 27
Shiva Texyarn Limited to Report Q2, 2026 Results on Nov 05, 2025 Shiva Texyarn Limited announced that they will report Q2, 2026 results at 9:15 AM, Indian Standard Time on Nov 05, 2025 Upcoming Dividend • Aug 07
Upcoming dividend of ₹0.60 per share Eligible shareholders must have bought the stock before 14 August 2025. Payment date: 20 September 2025. Payout ratio is a comfortable 6.4% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.6%). Reported Earnings • Jul 27
Full year 2025 earnings released: EPS: ₹9.31 (vs ₹8.31 loss in FY 2024) Full year 2025 results: EPS: ₹9.31 (up from ₹8.31 loss in FY 2024). Revenue: ₹3.23b (down 3.7% from FY 2024). Net income: ₹120.6m (up ₹228.3m from FY 2024). Profit margin: 3.7% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Annuncio • Jul 24
Shiva Texyarn Limited, Annual General Meeting, Aug 21, 2025 Shiva Texyarn Limited, Annual General Meeting, Aug 21, 2025, at 10:00 Indian Standard Time. Annuncio • Jul 21
Shiva Texyarn Limited to Report Q1, 2026 Results on Aug 07, 2025 Shiva Texyarn Limited announced that they will report Q1, 2026 results on Aug 07, 2025 New Risk • Jul 02
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 (1.6x net interest cover). Earnings have declined by 25% 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 (7.6% average weekly change). Market cap is less than US$100m (₹2.60b market cap, or US$30.3m). New Risk • May 28
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: 0.3% 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: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 25% 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. Market cap is less than US$100m (₹2.71b market cap, or US$31.6m). Reported Earnings • May 23
Full year 2025 earnings released: EPS: ₹9.31 (vs ₹8.31 loss in FY 2024) Full year 2025 results: EPS: ₹9.31 (up from ₹8.31 loss in FY 2024). Revenue: ₹3.25b (down 3.1% from FY 2024). Net income: ₹120.6m (up ₹228.3m from FY 2024). Profit margin: 3.7% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Annuncio • May 22
Shiva Texyarn Limited (BSE:511108) agreed to acquire 11.50% stake in Finecot Spinning Mills Private Limited for INR 0.35 million. Shiva Texyarn Limited (BSE:511108) agreed to acquire 11.50% stake in Finecot Spinning Mills Private Limited for INR 0.35 million on May 22, 2025. Under the terms of the transaction, Shiva Texyarn Limited (BSE:511108) will pay cash consideration of INR 0.345 million for the purchase of 3,450 equity shares of Finecot Spinning Mills Private Limited valued at INR 100 each.
Finecot Spinning Mills Private Limited reported a turnover of INR 56,464,093 for the year ended March 31, 2025.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is May 22, 2025 to August 22, 2025. Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹227, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 24x in the Luxury industry in India. Total returns to shareholders of 20% over the past three years. Annuncio • May 10
Shiva Texyarn Limited to Report Q4, 2025 Results on May 22, 2025 Shiva Texyarn Limited announced that they will report Q4, 2025 results on May 22, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: ₹1.36 (vs ₹5.71 loss in 3Q 2024) Third quarter 2025 results: EPS: ₹1.36 (up from ₹5.71 loss in 3Q 2024). Revenue: ₹754.4m (flat on 3Q 2024). Net income: ₹17.7m (up ₹91.8m from 3Q 2024). Profit margin: 2.3% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Annuncio • Jan 28
Shiva Texyarn Limited to Report Q3, 2025 Results on Feb 06, 2025 Shiva Texyarn Limited announced that they will report Q3, 2025 results on Feb 06, 2025 New Risk • Jan 20
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 9.5% 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 (0.7x net interest cover). Share price has been highly volatile over the past 3 months (9.5% average weekly change). Earnings have declined by 35% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹3.04b market cap, or US$35.1m). Reported Earnings • Nov 12
Second quarter 2025 earnings released: EPS: ₹2.13 (vs ₹1.99 loss in 2Q 2024) Second quarter 2025 results: EPS: ₹2.13 (up from ₹1.99 loss in 2Q 2024). Revenue: ₹957.1m (down 3.1% from 2Q 2024). Net income: ₹27.7m (up ₹53.5m from 2Q 2024). Profit margin: 2.9% (up from net loss in 2Q 2024). 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. Annuncio • Oct 28
Shiva Texyarn Limited to Report Q2, 2025 Results on Nov 11, 2024 Shiva Texyarn Limited announced that they will report Q2, 2025 results on Nov 11, 2024 New Risk • Sep 25
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 Risks Interest payments are not well covered by earnings (0.3x net interest cover). Earnings have declined by 35% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (₹2.45b market cap, or US$29.3m). Annuncio • Aug 21
Shiva Texyarn Limited Announces Appointment of Sri Jayaram Govindarajan as an Independent Director Shiva Texyarn Limited at its AGM held on August 21, 2024, approved appointment of Sri Jayaram Govindarajan as an independent director not liable to retire by rotation, for a period of five consecutive years effective from May 24, 2024. Annuncio • Jul 31
Shiva Texyarn Limited to Report Q1, 2025 Results on Aug 09, 2024 Shiva Texyarn Limited announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • Jul 30
Full year 2024 earnings released: ₹8.31 loss per share (vs ₹5.12 loss in FY 2023) Full year 2024 results: ₹8.31 loss per share (further deteriorated from ₹5.12 loss in FY 2023). Revenue: ₹3.35b (down 18% from FY 2023). Net loss: ₹107.7m (loss widened 62% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Annuncio • Jul 25
Shiva Texyarn Limited, Annual General Meeting, Aug 21, 2024 Shiva Texyarn Limited, Annual General Meeting, Aug 21, 2024, at 10:00 Indian Standard Time. Reported Earnings • May 25
Full year 2024 earnings released: ₹8.31 loss per share (vs ₹5.12 loss in FY 2023) Full year 2024 results: ₹8.31 loss per share (further deteriorated from ₹5.12 loss in FY 2023). Revenue: ₹3.40b (down 17% from FY 2023). Net loss: ₹107.7m (loss widened 62% from FY 2023). 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. New Risk • Feb 12
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 26% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹2.22b market cap, or US$26.7m). Reported Earnings • Feb 10
Third quarter 2024 earnings released: ₹5.71 loss per share (vs ₹7.22 loss in 3Q 2023) Third quarter 2024 results: ₹5.71 loss per share (improved from ₹7.22 loss in 3Q 2023). Revenue: ₹764.2m (down 19% from 3Q 2023). Net loss: ₹74.1m (loss narrowed 21% from 3Q 2023). 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. New Risk • Jan 29
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 8.8% 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 Earnings have declined by 19% per year over the past 5 years. Minor Risks High level of debt (77% net debt to equity). Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (₹2.18b market cap, or US$26.2m). Annuncio • Jan 25
Shiva Texyarn Limited to Report Q3, 2024 Results on Feb 09, 2024 Shiva Texyarn Limited announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: ₹1.99 loss per share (vs ₹3.25 loss in 2Q 2023) Second quarter 2024 results: ₹1.99 loss per share (improved from ₹3.25 loss in 2Q 2023). Revenue: ₹992.0m (up 8.9% from 2Q 2023). Net loss: ₹25.9m (loss narrowed 39% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Annuncio • Oct 28
Shiva Texyarn Limited to Report Q2, 2024 Results on Nov 09, 2023 Shiva Texyarn Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Annuncio • Sep 23
Shiva Texyarn Limited Approves Appointment of V Bhuvaneshwari as Non-Executive Independent Director Shiva Texyarn Limited at its AGM held on September 21, 2023, approved the appointment of Smt. V Bhuvaneshwari as a Non-Executive Independent Director of the Company. For a term of 5 consecutive years commencing from June 26, 2023 till June 25, 2028. Smt. V. Bhuvaneshwari B.Com, B.L., aged 61 years is a Senior Partner in Ramani & Shankar Advocates Coimbatore. She has over 36 years of experience exclusively in Corporate and Allied Laws including SEBl, NBFC and FEMA Regulations. Has a track record of structuring and papering many mega domestic and cross-border joint ventures, collaborations, acquisitions, holds Directorship in M/s. Precot Limited, M/s Elgi Rubber i Company Limited and M/s. Kovai Medical Center and I Hospital Limited. Sri. Kannapiran Mills Limited and also a Member in the Audit Committee and Nomination and Remuneration committees of those companies. Annuncio • Aug 25
Shiva Texyarn Limited, Annual General Meeting, Sep 21, 2023 Shiva Texyarn Limited, Annual General Meeting, Sep 21, 2023, at 10:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31 March, 2023, the reports of the Board of Directors and the Auditors thereon; to appoint a Director in the place of Smt. S Sujana Abirami who retires by rotation and being eligible, offers herself for re-appointment; to consider appointment of Smt. V Bhuvaneshwari as an Independent Director; and to consider ratification of remuneration payable to Sri M Nagarajan, Cost Auditor of the Company. Reported Earnings • Aug 11
First quarter 2024 earnings released: ₹4.62 loss per share (vs ₹0.47 profit in 1Q 2023) First quarter 2024 results: ₹4.62 loss per share (down from ₹0.47 profit in 1Q 2023). Revenue: ₹905.8m (down 29% from 1Q 2023). Net loss: ₹59.9m (down ₹66.0m from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. New Risk • Aug 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 7.3% 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 1.2% per year over the past 5 years. Minor Risks High level of debt (65% net debt to equity). Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (₹2.01b market cap, or US$24.2m). Annuncio • Aug 01
Shiva Texyarn Limited to Report Q1, 2024 Results on Aug 10, 2023 Shiva Texyarn Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 27
Full year 2023 earnings released: ₹5.12 loss per share (vs ₹15.44 profit in FY 2022) Full year 2023 results: ₹5.12 loss per share (down from ₹15.44 profit in FY 2022). Revenue: ₹4.27b (down 11% from FY 2022). Net loss: ₹66.4m (down 133% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Annuncio • May 26
Shiva Texyarn Limited Announces Not Recommend Dividend for the Financial Year 2022-2023 Shiva Texyarn Limited announced that at its board meeting held on 25 May 2023, the board of directors have not recommended any dividend for the financial year 2022-2023. Buying Opportunity • May 23
Now 21% undervalued Over the last 90 days, the stock is up 4.8%. The fair value is estimated to be ₹154, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • May 05
Now 20% undervalued Over the last 90 days, the stock is up 5.2%. The fair value is estimated to be ₹157, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Feb 14
Third quarter 2023 earnings released: ₹7.22 loss per share (vs ₹4.64 profit in 3Q 2022) Third quarter 2023 results: ₹7.22 loss per share (down from ₹4.64 profit in 3Q 2022). Revenue: ₹947.8m (down 37% from 3Q 2022). Net loss: ₹93.5m (down 256% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 12% per year. Annuncio • Jan 31
Shiva Texyarn Limited to Report Q3, 2023 Results on Feb 11, 2023 Shiva Texyarn Limited announced that they will report Q3, 2023 results on Feb 11, 2023 Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment improved over the past week After last week's 22% share price gain to ₹150, the stock trades at a trailing P/E ratio of 58.3x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 66% over the past three years. Reported Earnings • Nov 18
Second quarter 2023 earnings released: ₹3.25 loss per share (vs ₹6.34 profit in 2Q 2022) Second quarter 2023 results: ₹3.25 loss per share (down from ₹6.34 profit in 2Q 2022). Revenue: ₹911.8m (down 20% from 2Q 2022). Net loss: ₹42.1m (down 151% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Arjunaraj Dhananjayan was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Nov 05
Shiva Texyarn Limited to Report Q2, 2023 Results on Nov 12, 2022 Shiva Texyarn Limited announced that they will report Q2, 2023 results on Nov 12, 2022 Annuncio • Sep 13
Shiva Texyarn Limited Approves Dividend for the Financial Year Ended 31St March, 2022 Shiva Texyarn Limited approved dividend at the rate of INR 1.40 (14%) per every one equity share of INR 10 each for the financial year ended 31st March, 2022 at its annual general meeting held on 12 September 2022. Upcoming Dividend • Aug 26
Upcoming dividend of ₹1.40 per share Eligible shareholders must have bought the stock before 02 September 2022. Payment date: 11 October 2022. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (0.5%). Reported Earnings • Aug 10
First quarter 2023 earnings released: EPS: ₹0.47 (vs ₹3.78 in 1Q 2022) First quarter 2023 results: EPS: ₹0.47 (down from ₹3.78 in 1Q 2022). Revenue: ₹1.28b (up 49% from 1Q 2022). Net income: ₹6.08m (down 88% from 1Q 2022). Profit margin: 0.5% (down from 5.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 30
Shiva Texyarn Limited to Report Q1, 2023 Results on Aug 09, 2022 Shiva Texyarn Limited announced that they will report Q1, 2023 results on Aug 09, 2022 Annuncio • Jul 24
Shiva Texyarn Limited Launch of New Product - Seamless Saree Shape Wear Shiva Texyarn Limited informed that the Company has launched Seamless Saree Shape wear. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹154, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 17% over the past three years. Board Change • Jun 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Arjunaraj Dhananjayan was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 28
Full year 2022 earnings released: EPS: ₹15.44 (vs ₹9.47 in FY 2021) Full year 2022 results: EPS: ₹15.44 (up from ₹9.47 in FY 2021). Revenue: ₹4.77b (up 40% from FY 2021). Net income: ₹200.1m (up 63% from FY 2021). Profit margin: 4.2% (up from 3.6% 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 67% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Annuncio • May 26
Shiva Texyarn Limited Recommends Dividend for the Financial Year 2021-2022 Shiva Texyarn Limited announced that at its board meeting held on May 25, 2022, the Board of Directors recommended a dividend of INR 1.40 per share for every one equity share of INR 10 each, for the financial year 2021-2022. Annuncio • May 13
Shiva Texyarn Limited to Report Q4, 2022 Results on May 25, 2022 Shiva Texyarn Limited announced that they will report Q4, 2022 results on May 25, 2022 Annuncio • Apr 28
Shiva Texyarn Limited (BSE:511108) acquired 26% stake in L K Distributors Private Ltd. Shiva Texyarn Limited (BSE:511108) acquired 26% stake in L K Distributors Private Ltd on April 27, 2022.
Shiva Texyarn Limited (BSE:511108) completed the acquisition of 26% stake in L K Distributors Private Ltd on April 27, 2022. Reported Earnings • Feb 08
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹4.64 (up from ₹4.26 in 3Q 2021). Revenue: ₹1.50b (up 55% from 3Q 2021). Net income: ₹60.1m (up 8.8% from 3Q 2021). Profit margin: 4.0% (down from 5.7% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 08
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹4.64 (up from ₹4.26 in 3Q 2021). Revenue: ₹1.50b (up 55% from 3Q 2021). Net income: ₹60.1m (up 8.8% from 3Q 2021). Profit margin: 4.0% (down from 5.7% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment improved over the past week After last week's 16% share price gain to ₹290, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 61% over the past three years. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 15% share price gain to ₹240, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improved over the past week After last week's 20% share price gain to ₹233, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 19% over the past three years. Reported Earnings • Nov 18
Second quarter 2022 earnings released: EPS ₹6.34 (vs ₹1.73 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹1.15b (up 38% from 2Q 2021). Net income: ₹82.2m (up 267% from 2Q 2021). Profit margin: 7.2% (up from 2.7% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment improved over the past week After last week's 27% share price gain to ₹231, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 13% over the past three years. Annuncio • Jun 15
Shiva Texyarn Limited Announces Resume Its Operations Shiva Texyarn Limited announced in continuation to earlier intimations, the company announced that in lieu of the latest Standard Operating Procedures prescribed by the Government of Tamilnadu, the Spinning Division, Lamination Division, Garments Division and Coating Division of the company will continue to resume its operations with allowed limit of up to 25% of work force to handle the export orders with effect from 14 June 2021. The operations of the remaining units continue to remain suspended till further intimations. Annuncio • Jun 08
Shiva Texyarn Limited Resumes Its Operations with Allowed Limit of 10% of Work Force Shiva Texyarn Limited announced that in lieu of the latest Standard Operating Guidelines prescribed by the Government of Tamilnadu, the Spinning Division, Garments Division and Lamination Division of the Company will resume its operations with allowed limit of 10% of work force to handle the export orders with effect from June 7, 2021. The operations of the remaining units continue to remain suspended till further intimations. Also, the Registered Office and Administrative Office of the Company will continue to remain closed and the Work from Home for the employees will continue till further intimations. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improved over the past week After last week's 26% share price gain to ₹201, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 17x in the Luxury industry in India. Total loss to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 16% share price gain to ₹155, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 17x in the Luxury industry in India. Total loss to shareholders of 69% over the past three years. Annuncio • Jan 20
Shiva Texyarn Limited to Report Q3, 2021 Results on Feb 05, 2021 Shiva Texyarn Limited announced that they will report Q3, 2021 results on Feb 05, 2021 Annuncio • Jan 14
Shiva Texyarn Limited Restarts its Work at the Registered Office & Administrative Office Shiva Texyarn Limited announced that in continuation to their earlier communication to the Stock Exchanges on 15th July 2020 regarding the Work from Home for the employees working at their Registered Office & Administrative Office, the management has now decided to resume its work at the Registered Office & Administrative Office of the Company with effect from 18th January 2021 adhering to the COVID-19 guidelines issued by appropriate Governments from time to time. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improved over the past week After last week's 16% share price gain to ₹131, the stock is trading at a trailing P/E ratio of 58.4x, up from the previous P/E ratio of 50.5x. This compares to an average P/E of 19x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 79%. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 16% share price gain to ₹124, the stock is trading at a trailing P/E ratio of 55.4x, up from the previous P/E ratio of 47.9x. This compares to an average P/E of 19x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 80%. Annuncio • Dec 20
Shiva Texyarn Limited Receives an Order from Government of India Shiva Texyarn Limited announced that the Company has received an order from Government of India, Ministry of Defense for supply of the following item. Name of the Product: RUCKSACK 70 Litres (Bags for Military Personnel usage) with Quantity 41,783 nos. Value of the Order is INR 136.2 million. Is New 90 Day High Low • Dec 17
New 90-day high: ₹101 The company is up 5.0% from its price of ₹96.00 on 18 September 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 24% over the same period. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improved over the past week After last week's 16% share price gain to ₹101, the stock is trading at a trailing P/E ratio of 45.1x, up from the previous P/E ratio of 39x. This compares to an average P/E of 19x in the Luxury industry in India. Total returns to shareholders over the past year are 19%. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS ₹1.73 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₹835.2m (down 13% from 2Q 2020). Net income: ₹22.4m (up 128% from 2Q 2020). Profit margin: 2.7% (up from 1.0% in 2Q 2020). The increase in margin was driven by lower expenses. Is New 90 Day High Low • Oct 30
New 90-day low: ₹77.35 The company is down 3.0% from its price of ₹79.70 on 31 July 2020. The Indian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 14% over the same period. Annuncio • Oct 17
Shiva Texyarn Limited to Report Q2, 2021 Results on Nov 09, 2020 Shiva Texyarn Limited announced that they will report Q2, 2021 results on Nov 09, 2020 Annuncio • Jun 20
Shiva Texyarn Limited to Report Fiscal Year 2020 Results on Jun 26, 2020 Shiva Texyarn Limited announced that they will report fiscal year 2020 results on Jun 26, 2020 
