Annuncio • Aug 01
Gorani Industries Limited to Report Q1, 2027 Results on Aug 13, 2026 Gorani Industries Limited announced that they will report Q1, 2027 results on Aug 13, 2026 Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹1.18 (vs ₹1.60 in FY 2025) Full year 2026 results: EPS: ₹1.18 (down from ₹1.60 in FY 2025). Revenue: ₹371.5m (down 14% from FY 2025). Net income: ₹6.31m (down 26% from FY 2025). Profit margin: 1.7% (down from 2.0% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Annuncio • May 18
Gorani Industries Limited to Report Q4, 2026 Results on May 29, 2026 Gorani Industries Limited announced that they will report Q4, 2026 results on May 29, 2026 Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₹43.21, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 35x in the Consumer Durables industry in India. Total loss to shareholders of 75% over the past three years. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹68.20, the stock trades at a trailing P/E ratio of 39.4x. Average trailing P/E is 39x in the Consumer Durables industry in India. Total loss to shareholders of 54% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.31 (vs ₹0.77 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.31 (down from ₹0.77 in 3Q 2025). Revenue: ₹90.7m (down 30% from 3Q 2025). Net income: ₹1.64m (down 60% from 3Q 2025). Profit margin: 1.8% (down from 3.2% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year whereas the company’s share price has fallen by 27% per year. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹63.61, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 38x in the Consumer Durables industry in India. Total loss to shareholders of 63% over the past three years. Annuncio • Jan 30
Gorani Industries Limited to Report Q3, 2026 Results on Feb 13, 2026 Gorani Industries Limited announced that they will report Q3, 2026 results on Feb 13, 2026 New Risk • Jan 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 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 (2.8x net interest cover). Earnings have declined by 0.06% per year over the past 5 years. Market cap is less than US$10m (₹328.6m market cap, or US$3.65m). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Revenue is less than US$5m (₹404m revenue, or US$4.5m). Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: ₹0.32 (vs ₹0.75 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹0.32 (up from ₹0.75 loss in 2Q 2025). Revenue: ₹86.2m (down 30% from 2Q 2025). Net income: ₹1.73m (up ₹5.75m from 2Q 2025). Profit margin: 2.0% (up from net loss in 2Q 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Annuncio • Oct 31
Gorani Industries Limited to Report Q2, 2026 Results on Nov 14, 2025 Gorani Industries Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Annuncio • Sep 26
Gorani Industries Limited Appoints Arpita Jain as an Independent Director for the First Term of Five Consecutive Years with Effect from October 1, 2025 Gorani Industries Limited approved appointment of Ms. Arpita Jain (Holding DIN: 03529691) as an Independent Director of the Company for the first term of five consecutive years with effect from October 1, 2025 to September 30, 2030. Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment deteriorates as stock falls 31% After last week's 31% share price decline to ₹78.70, the stock trades at a trailing P/E ratio of 70x. Average trailing P/E is 41x in the Consumer Durables industry in India. Total loss to shareholders of 67% over the past three years. Annuncio • Aug 26
Gorani Industries Limited, Annual General Meeting, Sep 26, 2025 Gorani Industries Limited, Annual General Meeting, Sep 26, 2025, at 12:30 Indian Standard Time. Reported Earnings • Aug 15
First quarter 2026 earnings released: EPS: ₹0.47 (vs ₹0.95 in 1Q 2025) First quarter 2026 results: EPS: ₹0.47 (down from ₹0.95 in 1Q 2025). Revenue: ₹116.5m (up 11% from 1Q 2025). Net income: ₹2.54m (down 50% from 1Q 2025). Profit margin: 2.2% (down from 4.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. New Risk • Aug 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 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 Interest payments are not well covered by earnings (1.9x net interest cover). Market cap is less than US$10m (₹407.6m market cap, or US$4.67m). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (2.0% net profit margin). Revenue is less than US$5m (₹430m revenue, or US$4.9m). Annuncio • Jul 30
Gorani Industries Limited to Report Q1, 2026 Results on Aug 14, 2025 Gorani Industries Limited announced that they will report Q1, 2026 results on Aug 14, 2025 New Risk • Jun 13
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₹430m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Market cap is less than US$10m (₹431.6m market cap, or US$5.01m). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (2.0% net profit margin). Revenue is less than US$5m (₹430m revenue, or US$5.0m). New Risk • Jun 02
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: 2.0% Last year net profit margin: 3.2% 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 Risks Interest payments are not well covered by earnings (2.1x net interest cover). Market cap is less than US$10m (₹447.8m market cap, or US$5.24m). Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Profit margins are more than 30% lower than last year (2.0% net profit margin). Annuncio • May 13
Gorani Industries Limited to Report Q4, 2025 Results on May 30, 2025 Gorani Industries Limited announced that they will report Q4, 2025 results on May 30, 2025 Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹80.28, the stock trades at a trailing P/E ratio of 39x. Average trailing P/E is 42x in the Consumer Durables industry in India. Total returns to shareholders of 5.2% over the past three years. Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: ₹0.77 (vs ₹0.08 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.77 (up from ₹0.08 in 3Q 2024). Revenue: ₹129.6m (up 21% from 3Q 2024). Net income: ₹4.13m (up ₹3.70m from 3Q 2024). Profit margin: 3.2% (up from 0.4% in 3Q 2024). The increase in margin was driven by higher revenue. 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 19% per year, which means it is well ahead of earnings. Annuncio • Jan 24
Gorani Industries Limited to Report Q3, 2025 Results on Feb 07, 2025 Gorani Industries Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Feb 07, 2025 Buy Or Sell Opportunity • Jan 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to ₹97.00. The fair value is estimated to be ₹122, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 19%. New Risk • Nov 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 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 (1.8x net interest cover). Market cap is less than US$10m (₹578.9m market cap, or US$6.86m). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Buy Or Sell Opportunity • Nov 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.7% to ₹96.00. The fair value is estimated to be ₹120, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 19%. Reported Earnings • Nov 09
Second quarter 2025 earnings released: ₹0.75 loss per share (vs ₹0.70 profit in 2Q 2024) Second quarter 2025 results: ₹0.75 loss per share (down from ₹0.70 profit in 2Q 2024). Revenue: ₹124.8m (up 4.5% from 2Q 2024). Net loss: ₹4.02m (down 207% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 69% per year, which means it is well ahead of earnings. Annuncio • Oct 31
Gorani Industries Limited to Report Q2, 2025 Results on Nov 08, 2024 Gorani Industries Limited announced that they will report Q2, 2025 results on Nov 08, 2024 Annuncio • Aug 29
Gorani Industries Limited, Annual General Meeting, Sep 27, 2024 Gorani Industries Limited, Annual General Meeting, Sep 27, 2024, at 12:30 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: ₹0.95 (vs ₹0.66 in 1Q 2024) First quarter 2025 results: EPS: ₹0.95 (up from ₹0.66 in 1Q 2024). Revenue: ₹105.6m (up 31% from 1Q 2024). Net income: ₹5.09m (up 43% from 1Q 2024). Profit margin: 4.8% (up from 4.4% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 78% per year, which means it is well ahead of earnings. Annuncio • Aug 02
Gorani Industries Limited to Report Q1, 2025 Results on Aug 13, 2024 Gorani Industries Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹106, the stock trades at a trailing P/E ratio of 41.9x. Average trailing P/E is 47x in the Consumer Durables industry in India. Total returns to shareholders of 516% over the past three years. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹2.53 (vs ₹2.79 in FY 2023) Full year 2024 results: EPS: ₹2.53 (down from ₹2.79 in FY 2023). Revenue: ₹426.6m (up 1.5% from FY 2023). Net income: ₹13.6m (down 9.3% from FY 2023). Profit margin: 3.2% (down from 3.6% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 19
Gorani Industries Limited to Report Q4, 2024 Results on May 30, 2024 Gorani Industries Limited announced that they will report Q4, 2024 results on May 30, 2024 New Risk • Apr 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 8.6% 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). Market cap is less than US$10m (₹643.8m market cap, or US$7.74m). 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 (0.4% net profit margin). Revenue is less than US$5m (₹387m revenue, or US$4.6m). Annuncio • Feb 27
Gorani Industries Limited to Report 10 Months Period Ending Jan 31, 2024 Results on Mar 06, 2024 Gorani Industries Limited announced that they will report 10 months, period ending Jan 31, 2024 results on Mar 06, 2024 Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹0.08 (vs ₹1.22 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.08 (down from ₹1.22 in 3Q 2023). Revenue: ₹109.1m (down 12% from 3Q 2023). Net income: ₹437.0k (down 93% from 3Q 2023). Profit margin: 0.4% (down from 5.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 121% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jan 30
Gorani Industries Limited to Report Q3, 2024 Results on Feb 08, 2024 Gorani Industries Limited announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: ₹0.70 (vs ₹1.75 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.70 (down from ₹1.75 in 2Q 2023). Revenue: ₹120.0m (down 4.4% from 2Q 2023). Net income: ₹3.76m (down 60% from 2Q 2023). Profit margin: 3.1% (down from 7.5% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 136% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Oct 26
Gorani Industries Limited to Report First Half, 2024 Results on Nov 06, 2023 Gorani Industries Limited announced that they will report first half, 2024 results on Nov 06, 2023 New Risk • Oct 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 7.6% 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 (2.6x net interest cover). Market cap is less than US$10m (₹823.7m market cap, or US$9.90m). 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 (3.3% net profit margin). Revenue is less than US$5m (₹409m revenue, or US$4.9m). Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹154, the stock trades at a trailing P/E ratio of 61.9x. Average trailing P/E is 43x in the Consumer Durables industry in India. Total returns to shareholders of 1,154% over the past three years. Annuncio • Oct 01
Gorani Industries Limited Confirms the Appointment of Geet Gorani as Non-Executive Director Gorani Industries Limited at its AGM held on September 29, 2023, confirmed the appointment of Geet Gorani as Non-Executive Director of the Company. Annuncio • Aug 25
Gorani Industries Limited, Annual General Meeting, Sep 29, 2023 Gorani Industries Limited, Annual General Meeting, Sep 29, 2023, at 12:30 Indian Standard Time. New Risk • Aug 09
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₹409m (US$4.9m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Market cap is less than US$10m (₹678.9m market cap, or US$8.20m). Minor Risks Profit margins are more than 30% lower than last year (3.3% net profit margin). Revenue is less than US$5m (₹409m revenue, or US$4.9m). Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: ₹0.66 (vs ₹0.98 in 1Q 2023) First quarter 2024 results: EPS: ₹0.66 (down from ₹0.98 in 1Q 2023). Revenue: ₹80.7m (down 12% from 1Q 2023). Net income: ₹3.56m (down 32% from 1Q 2023). Profit margin: 4.4% (down from 5.7% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 119% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jul 29
Gorani Industries Limited to Report Q1, 2024 Results on Aug 07, 2023 Gorani Industries Limited announced that they will report Q1, 2024 results on Aug 07, 2023 Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹135, the stock trades at a trailing P/E ratio of 48.3x. Average trailing P/E is 39x in the Consumer Durables industry in India. Total returns to shareholders of 949% over the past three years. Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: ₹2.79 (vs ₹3.41 in FY 2022) Full year 2023 results: EPS: ₹2.79 (down from ₹3.41 in FY 2022). Revenue: ₹425.9m (up 48% from FY 2022). Net income: ₹15.0m (down 9.9% from FY 2022). Profit margin: 3.5% (down from 5.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 23
Gorani Industries Limited to Report Q4, 2023 Results on May 30, 2023 Gorani Industries Limited announced that they will report Q4, 2023 results on May 30, 2023 Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹147, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 35x in the Consumer Durables industry in India. Total returns to shareholders of 1,029% over the past three years. Reported Earnings • Jan 12
Third quarter 2023 earnings released: EPS: ₹1.22 (vs ₹0.70 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.22 (up from ₹0.70 in 3Q 2022). Revenue: ₹123.9m (up 28% from 3Q 2022). Net income: ₹6.53m (up 90% from 3Q 2022). Profit margin: 5.3% (up from 3.5% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has increased by 188% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jan 11
Gorani Industries Limited Appoints Geet Gorani as Additional Non-Executive Director Gorani Industries Limited announced that Mr. Geet Gorani is appointed as an Additional Non-executive Director of the Company, pursuant to provision of Section 161 (I) of the Companies Act, 2013, with effect from 11 January, 2023. Mr. Geet Gorani, is the Second Generation of Gorani Industries. millenial by age and a connoisseur by nature, he brings with him the spurt of energy to fuel company's growth by his fresh and innovative ideas and his marketing expertise. At Blowhot Kitchen Appliances Pvt. Ltd., in a very short span of 3 years, Mr. Geet Gorani has taken the company to new heights by expanding its footprints across 20+ states in India and increasing the company's revenue by more than 2 fold. With him, Gorani Industries Limited would reach the epitome of perfection and success. Annuncio • Jan 04
Gorani Industries Limited to Report Q3, 2023 Results on Jan 11, 2023 Gorani Industries Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Jan 11, 2023 Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 15% share price gain to ₹205, the stock trades at a trailing P/E ratio of 40.5x. Average trailing P/E is 38x in the Consumer Durables industry in India. Total returns to shareholders of 2,275% over the past three years. Annuncio • Dec 13
Gorani Industries Limited Announces Resignation of Anil Gorani as Whole-Time Director as Well as Director of the Company Gorani Industries Limited announced that Mr. Anil Gorani (Holding DIN: 00055540) wants to relieve from all his duties and responsibilities due to his age of 70 plus year and hence he tendered his resignation from the post of Whole-time Director as well as director of the Company w.e.f. 12 December, 2022. The Company has also accepted his resignation w.e.f. closure of business hours of 12 December, 2022. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improved over the past week After last week's 18% share price gain to ₹176, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 35x in the Consumer Durables industry in India. Total returns to shareholders of 1,657% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Ayush Shukla was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 15% share price gain to ₹282, the stock trades at a trailing P/E ratio of 55.5x. Average trailing P/E is 42x in the Consumer Durables industry in India. Total returns to shareholders of 2,803% over the past three years. Reported Earnings • Oct 11
Second quarter 2023 earnings released: EPS: ₹1.75 (vs ₹0.96 in 2Q 2022) Second quarter 2023 results: EPS: ₹1.75 (up from ₹0.96 in 2Q 2022). Revenue: ₹125.9m (up 48% from 2Q 2022). Net income: ₹9.40m (up 100% from 2Q 2022). Profit margin: 7.5% (up from 5.5% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has increased by 208% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Oct 02
Gorani Industries Limited to Report Q2, 2023 Results on Oct 10, 2022 Gorani Industries Limited announced that they will report Q2, 2023 results at 3:30 PM, Indian Standard Time on Oct 10, 2022 Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improved over the past week After last week's 16% share price gain to ₹272, the stock trades at a trailing P/E ratio of 64.8x. Average trailing P/E is 42x in the Consumer Durables industry in India. Total returns to shareholders of 2,534% over the past three years. Annuncio • Aug 25
Gorani Industries Limited, Annual General Meeting, Sep 23, 2022 Gorani Industries Limited, Annual General Meeting, Sep 23, 2022, at 12:30 Indian Standard Time. Agenda: To consider and adopt the audited financial statements of the Company for the financial year ended March 31st, 2022, the reports of the Board of Directors and Auditors thereon; to appoint a director in place of Ms. Raina Goyal (Holding DIN- 08295368), Non-Executive Director, who retires by rotation and being eligible, offers herself for reappointment; and to consider other matters. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improved over the past week After last week's 22% share price gain to ₹185, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 38x in the Consumer Durables industry in India. Total returns to shareholders of 1,598% over the past three years. Reported Earnings • Jul 15
First quarter 2023 earnings released: EPS: ₹0.98 (vs ₹0.13 loss in 1Q 2022) First quarter 2023 results: EPS: ₹0.98 (up from ₹0.13 loss in 1Q 2022). Revenue: ₹92.0m (up 297% from 1Q 2022). Net income: ₹5.23m (up ₹5.88m from 1Q 2022). Profit margin: 5.7% (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 43% per year but the company’s share price has increased by 144% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jul 05
Gorani Industries Limited to Report Q1, 2023 Results on Jul 14, 2022 Gorani Industries Limited announced that they will report Q1, 2023 results on Jul 14, 2022 Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹194, the stock trades at a trailing P/E ratio of 62.6x. Average trailing P/E is 36x in the Consumer Durables industry in India. Total returns to shareholders of 1,296% over the past three years. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 21% share price gain to ₹180, the stock trades at a trailing P/E ratio of 57.9x. Average trailing P/E is 40x in the Consumer Durables industry in India. Total returns to shareholders of 960% over the past three years. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 37% share price gain to ₹121, the stock trades at a trailing P/E ratio of 73.1x. Average trailing P/E is 39x in the Consumer Durables industry in India. Total returns to shareholders of 516% over the past three years. Annuncio • May 16
Gorani Industries Limited Announces Board Changes Gorani Industries Limited announced that Mr. Nakul Gorani, Whole-time Director of the Company was appointed as Chairman of the Board and General Meetings of the Company in place of Mr. Anil Gorani, Whole-time Director of the Company in the Board Meeting held on May 16, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Ayush Shukla was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 20% share price gain to ₹73.95, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 38x in the Consumer Durables industry in India. Total returns to shareholders of 235% over the past three years. Reported Earnings • Feb 09
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.70 (up from ₹0.50 in 3Q 2021). Revenue: ₹96.6m (up 42% from 3Q 2021). Net income: ₹3.43m (up 41% from 3Q 2021). Profit margin: 3.6% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improved over the past week After last week's 15% share price gain to ₹47.15, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 38x in the Consumer Durables industry in India. Total returns to shareholders of 127% over the past three years. Annuncio • Jan 30
Gorani Industries Limited to Report Q3, 2022 Results on Feb 07, 2022 Gorani Industries Limited announced that they will report Q3, 2022 results on Feb 07, 2022 Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 24% share price gain to ₹40.95, the stock trades at a trailing P/E ratio of 25.4x. Average trailing P/E is 38x in the Consumer Durables industry in India. Total returns to shareholders of 70% over the past three years. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improved over the past week After last week's 15% share price gain to ₹23.65, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 35x in the Consumer Durables industry in India. Total returns to shareholders of 19% over the past three years. Reported Earnings • Nov 03
Second quarter 2022 earnings released: EPS ₹0.96 (vs ₹0.87 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: ₹85.3m (up 47% from 2Q 2021). Net income: ₹4.70m (up 11% from 2Q 2021). Profit margin: 5.5% (down from 7.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improved over the past week After last week's 16% share price gain to ₹21.60, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 37x in the Consumer Durables industry in India. Total returns to shareholders of 7.2% over the past three years. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹19.80, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 36x in the Consumer Durables industry in India. Total loss to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment improved over the past week After last week's 23% share price gain to ₹18.70, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 42x in the Consumer Durables industry in India. Total returns to shareholders of 18% over the past three years. Reported Earnings • Jul 02
Full year 2021 earnings released: EPS ₹1.35 (vs ₹1.33 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹185.1m (down 14% from FY 2020). Net income: ₹6.60m (up 1.7% from FY 2020). Profit margin: 3.6% (up from 3.0% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improved over the past week After last week's 18% share price gain to ₹16.10, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 43x in the Consumer Durables industry in India. Total loss to shareholders of 30% over the past three years. Annuncio • Mar 19
Gorani Industries Limited Appoints Ayush Shukla as an Independent Director Gorani Industries Limited announced that Mr. Ayush Shukla been appointed as an independent director of the company by the members through Postal Ballot on March 17, 2021 (being the last date of e-voting) for a period of five years with effect from February 12, 2021. Executive Departure • Feb 18
Independent Additional Director has left the company On the 12th of February, Vikram Khandelwal's tenure as Independent Additional Director ended after 2.4 years in the role. We don't have any record of a personal shareholding under Vikram's name. Vikram is the only executive to leave the company over the last 12 months. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹14.35, the stock is trading at a trailing P/E ratio of 11.9x, down from the previous P/E ratio of 14.5x. This compares to an average P/E of 38x in the Consumer Durables industry in India. Total return to shareholders over the past three years is a loss of 38%. Annuncio • Jan 12
Gorani Industries Limited to Report Q3, 2020 Results on Feb 12, 2021 Gorani Industries Limited announced that they will report Q3, 2020 results on Feb 12, 2021 Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 21% share price gain to ₹15.17, the stock is trading at a trailing P/E ratio of 12.6x, up from the previous P/E ratio of 10.4x. This compares to an average P/E of 32x in the Consumer Durables industry in India. Total return to shareholders over the past three years is a loss of 17%. Is New 90 Day High Low • Dec 16
New 90-day high: ₹13.12 The company is up 9.0% from its price of ₹12.00 on 16 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 13% over the same period. Reported Earnings • Nov 09
Second quarter 2021 earnings released: EPS ₹0.87 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹58.6m (up 2.6% from 2Q 2020). Net income: ₹4.24m (up 149% from 2Q 2020). Profit margin: 7.2% (up from 3.0% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 7% per year. Annuncio • Oct 17
Gorani Industries Limited to Report Q2, 2021 Results on Nov 06, 2020 Gorani Industries Limited announced that they will report Q2, 2021 results on Nov 06, 2020 Annuncio • Sep 06
Gorani Industries Limited to Report Q1, 2021 Results on Sep 11, 2020 Gorani Industries Limited announced that they will report Q1, 2021 results on Sep 11, 2020