Reported Earnings • Jun 01
Full year 2026 earnings released Full year 2026 results: Net loss: ₹491.0k (loss narrowed 5.8% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Annuncio • May 11
Kush Industries Limited to Report Q4, 2026 Results on May 30, 2026 Kush Industries Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026 New Risk • Mar 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 7.5% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-₹73m). Earnings have declined by 6.5% per year over the past 5 years. Revenue is less than US$1m (₹48k revenue, or US$520). Market cap is less than US$10m (₹93.3m market cap, or US$1.01m). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Annuncio • Jan 31
Kush Industries Limited to Report Q3, 2026 Results on Feb 12, 2026 Kush Industries Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 12, 2026 Annuncio • Nov 03
Kush Industries Limited to Report Q2, 2026 Results on Nov 08, 2025 Kush Industries Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 08, 2025 Reported Earnings • Jul 31
First quarter 2026 earnings released First quarter 2026 results: Net loss: ₹234.0k (loss widened 68% from 1Q 2025). Annuncio • Jul 30
Kush Industries Limited, Annual General Meeting, Sep 30, 2025 Kush Industries Limited, Annual General Meeting, Sep 30, 2025, at 15:00 Indian Standard Time. Annuncio • Jul 23
Kush Industries Limited to Report Q1, 2026 Results on Jul 30, 2025 Kush Industries Limited announced that they will report Q1, 2026 results on Jul 30, 2025 Reported Earnings • May 30
Full year 2025 earnings released: EPS: ₹0.02 (vs ₹1.53 in FY 2024) Full year 2025 results: EPS: ₹0.02 (down from ₹1.53 in FY 2024). Net loss: ₹521.0k (down 102% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 52% per year, which means it is well ahead of earnings. Annuncio • May 16
Kush Industries Limited to Report Fiscal Year 2025 Results on May 29, 2025 Kush Industries Limited announced that they will report fiscal year 2025 results on May 29, 2025 Reported Earnings • Feb 13
Third quarter 2025 earnings released: EPS: ₹0.03 (vs ₹1.51 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.03 (down from ₹1.51 in 3Q 2024). Net income: ₹82.0k (down 100% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Annuncio • Feb 01
Kush Industries Limited to Report Q3, 2025 Results on Feb 11, 2025 Kush Industries Limited announced that they will report Q3, 2025 results on Feb 11, 2025 New Risk • Dec 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 7.8% 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). Negative equity (-₹73m). High level of non-cash earnings (144% accrual ratio). Revenue is less than US$1m (₹68k revenue, or US$802). Market cap is less than US$10m (₹178.4m market cap, or US$2.10m). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹9.83, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 121% over the past three years. New Risk • Nov 15
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 144% 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). Negative equity (-₹73m). High level of non-cash earnings (144% accrual ratio). Revenue is less than US$1m (₹39k revenue, or US$462). Market cap is less than US$10m (₹125.4m market cap, or US$1.48m). Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹9.18, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 31x in the Luxury industry in India. Total returns to shareholders of 152% over the past three years. Annuncio • Oct 30
Kush Industries Limited to Report Q2, 2025 Results on Nov 13, 2024 Kush Industries Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Annuncio • Sep 21
Kush Industries Limited Announces Board Changes Kush Industries Limited approved for the appointment of Mr. Hiren B. Hirpara (DIN: 02164972) as Non-Executive Independent Director of the Company for a term of 5 (five) consecutive years from 1st September, 2024 to 31st August, 2029. Please further note that Mr. Ranjitsinh A. Parmar has ceased to be a Director on the Board of the Company upon completion of his term of 5 consecutive years as an Independent Director of the Company. Qualification of Director BBA, Experience/Expertise in Specific Functional His expertise is in field of business strategy. His profile Areas of Director includes vast experience of more than a decade in Corporate Finance, business strategy, general management, management, manufacturing, project management, technology, Taxation, Strategic Management, Commercial functions and other related matters. Date of Appointment 1st September, 2024. The shareholders have accorded their approval to the appointment of Mr. Hiren B. Hirpara (DIN: 02164972) as Non-Executive Independent Director of the Company for a term of 5 (five) consecutive years from 1st September, 2024 to 31st August, 2029 vide Special Resolution passed at the 32nd AGM held on 20th September, 2024. He shall not be liable to retire by rotation. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹10.63, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 259% over the past three years. Reported Earnings • Jul 31
First quarter 2025 earnings released First quarter 2025 results: Net loss: ₹139.0k (loss widened 100% from 1Q 2024). Annuncio • Jul 30
Kush Industries Limited, Annual General Meeting, Sep 20, 2024 Kush Industries Limited, Annual General Meeting, Sep 20, 2024, at 15:00 Indian Standard Time. Annuncio • Jul 22
Kush Industries Limited to Report Q1, 2025 Results on Jul 30, 2024 Kush Industries Limited announced that they will report Q1, 2025 results on Jul 30, 2024 Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹9.10, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 185% over the past three years. Reported Earnings • May 29
Full year 2024 earnings released: EPS: ₹1.52 (vs ₹0.082 loss in FY 2023) Full year 2024 results: EPS: ₹1.52 (up from ₹0.082 loss in FY 2023). Net income: ₹22.7m (up ₹23.9m from FY 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 97% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹8.66, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 28x in the Luxury industry in India. Total returns to shareholders of 435% over the past three years. Annuncio • May 11
Kush Industries Limited to Report Fiscal Year 2024 Results on May 28, 2024 Kush Industries Limited announced that they will report fiscal year 2024 results on May 28, 2024 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹7.54, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 31x in the Luxury industry in India. Total returns to shareholders of 371% over the past three years. Annuncio • Feb 02
Kush Industries Limited to Report Q3, 2024 Results on Feb 13, 2024 Kush Industries Limited announced that they will report Q3, 2024 results on Feb 13, 2024 New Risk • Nov 09
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 0.2% 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 (0.2% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-₹96m). Revenue is less than US$1m (₹6.8m revenue, or US$82k). Market cap is less than US$10m (₹89.7m market cap, or US$1.08m). Annuncio • Oct 28
Kush Industries Limited to Report Q2, 2024 Results on Nov 07, 2023 Kush Industries Limited announced that they will report Q2, 2024 results on Nov 07, 2023 Reported Earnings • Aug 13
First quarter 2024 earnings released: ₹0.02 loss per share (vs ₹0.014 loss in 1Q 2023) First quarter 2024 results: ₹0.02 loss per share (further deteriorated from ₹0.014 loss in 1Q 2023). Net loss: ₹297.0k (loss widened 38% from 1Q 2023). Annuncio • Aug 03
Kush Industries Limited to Report Q1, 2024 Results on Aug 12, 2023 Kush Industries Limited announced that they will report Q1, 2024 results at 12:15 PM, Indian Standard Time on Aug 12, 2023 Reported Earnings • May 05
Full year 2023 earnings released: ₹0.08 loss per share (vs ₹1.65 profit in FY 2022) Full year 2023 results: ₹0.08 loss per share (down from ₹1.65 profit in FY 2022). Revenue: ₹8.73m (down 73% from FY 2022). Net loss: ₹1.21m (down 105% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 04
Kush Industries Limited, Annual General Meeting, Jun 29, 2023 Kush Industries Limited, Annual General Meeting, Jun 29, 2023, at 15:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹6.44, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 608% over the past three years. Reported Earnings • Feb 12
Third quarter 2023 earnings released: ₹0.02 loss per share (vs ₹0.061 loss in 3Q 2022) Third quarter 2023 results: ₹0.02 loss per share (improved from ₹0.061 loss in 3Q 2022). Revenue: ₹162.0k (down 89% from 3Q 2022). Net loss: ₹300.0k (loss narrowed 67% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Feb 02
Kush Industries Limited to Report Q3, 2023 Results on Feb 11, 2023 Kush Industries Limited announced that they will report Q3, 2023 results on Feb 11, 2023 Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improved over the past week After last week's 16% share price gain to ₹7.30, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 668% over the past three years. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Non Executive Director Kiranben Virani was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Nov 03
Kush Industries Limited to Report Q2, 2023 Results on Nov 12, 2022 Kush Industries Limited announced that they will report Q2, 2023 results on Nov 12, 2022 Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹7.42, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 642% over the past three years. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 17% share price gain to ₹6.24, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 524% over the past three years. Annuncio • Jul 28
Kush Industries Limited to Report Q1, 2023 Results on Aug 05, 2022 Kush Industries Limited announced that they will report Q1, 2023 results at 12:15 PM, Indian Standard Time on Aug 05, 2022 Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment deteriorated over the past week After last week's 23% share price decline to ₹6.20, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 94% over the past year. Annuncio • Jul 16
Kush Industries Limited, Annual General Meeting, Sep 09, 2022 Kush Industries Limited, Annual General Meeting, Sep 09, 2022, at 15:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improved over the past week After last week's 27% share price gain to ₹3.72, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 268% over the past three years. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Non Executive Director Kiranben Virani was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues in line with analyst expectations Third quarter 2022 results: Net loss: ₹908.0k (loss widened 20% from 3Q 2021). Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹2.84, the stock trades at a trailing P/E ratio of 3x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 176% over the past three years. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 24% share price gain to ₹2.35, the stock trades at a trailing P/E ratio of 2.5x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 124% over the past year. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improved over the past week After last week's 19% share price gain to ₹1.93, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 74% over the past year. Reported Earnings • Feb 13
Third quarter 2021 earnings released Third quarter 2021 results: Net loss: ₹756.0k (loss narrowed 29% from 3Q 2020). Is New 90 Day High Low • Feb 05
New 90-day high: ₹1.76 The company is up 198% from its price of ₹0.59 on 06 November 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 23% over the same period. Annuncio • Feb 02
Kush Industries Limited to Report Q3, 2021 Results on Feb 12, 2021 Kush Industries Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Dec 31
New 90-day high: ₹0.97 The company is up 67% from its price of ₹0.58 on 25 September 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: ₹0.86 The company is up 18% from its price of ₹0.73 on 15 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 21% over the same period. Is New 90 Day High Low • Oct 13
New 90-day low: ₹0.54 The company is down 49% from its price of ₹1.05 on 14 July 2020. The Indian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 20% over the same period. Annuncio • Jun 17
Kush Industries Limited to Report Fiscal Year 2020 Results on Jun 30, 2020 Kush Industries Limited announced that they will report fiscal year 2020 results on Jun 30, 2020 