Annuncio • Jan 24
Sagar Diamonds Limited Appoints Nikita Jindal as Company Secretary and Compliance Officer, Effective January 1, 2026 Sagar Diamonds Limited appointed Ms. Nikita Jindal as Company Secretary and Compliance Officer of the company with effect from January 1, 2026 at the board meeting held on January 1, 2026. Ms. Nikita Jindal is an Associate Member holding Membership No. 79244 of the Institute of Company Secretaries of India. She is appointed to perform the duties of a Company Secretary as required under the Companies Act, 2013 and any other duties assigned by the Board of Directors from time to time. The appointment is pursuant to Section 203 of the Companies Act, 2013 and Regulation 6 (1) of the Securities and Exchange Board of India (Listing Obligation & Disclosure Requirements) Regulations, 2015. Mr. Vaibhav Dipak Shah, Managing Director, is authorized to do all the acts, deeds and things which are necessary for the aforesaid appointment and to send the necessary intimation in prescribed form to Registrar of Companies, Gujarat. Annuncio • Sep 09
Sagar Diamonds Limited, Annual General Meeting, Sep 30, 2025 Sagar Diamonds Limited, Annual General Meeting, Sep 30, 2025, at 11:30 Indian Standard Time. Location: plot no. 266-b, sez diamond park, sachin, surat, India Board Change • Jun 02
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Chairman, MD & CFO Vaibhav Shah is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • May 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Revenue has declined by 100% over the past year. Revenue is less than US$1m. Market cap is less than US$10m (₹180.0m market cap, or US$2.12m). Minor Risk Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Board Change • May 05
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Chairman, MD & CFO Vaibhav Shah is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 21
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Chairman, MD & CFO Vaibhav Shah is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Chairman, MD & CFO Vaibhav Shah is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 10
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Chairman, MD & CFO Vaibhav Shah is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 09
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Chairman, MD & CFO Vaibhav Shah is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • Sep 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 20% per year over the past 5 years. Market cap is less than US$10m (₹334.9m market cap, or US$3.99m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (7.9% average weekly change). Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹39.91, the stock trades at a trailing P/E ratio of 2.5x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 307% over the past three years. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹63.00, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 546% over the past three years. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹55.53, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 26x in the Luxury industry in India. Total returns to shareholders of 531% over the past three years. Reported Earnings • Nov 08
Full year 2023 earnings released: EPS: ₹15.87 (vs ₹23.00 in FY 2022) Full year 2023 results: EPS: ₹15.87 (down from ₹23.00 in FY 2022). Revenue: ₹56.0b (down 11% from FY 2022). Net income: ₹200.7m (down 31% from FY 2022). Profit margin: 0.4% (down from 0.5% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹48.36, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 633% over the past three years. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹39.18, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 406% over the past three years. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹36.10, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 21x in the Luxury industry in India. Total returns to shareholders of 360% over the past three years. Annuncio • Jun 02
Sagar Diamonds Limited Announces Board Changes Sagar Diamonds Limited announced that Mr. VICHITRA NARAYAN PATHAK,Ms. SHILPA AGARWAL and Mr. PRAVEEN KUMAR RAI has tendered their resignation from the position of additional Independent Non Executive Director of SAGAR DIAMONDS LIMITED vide their resignation letters dated February 28, 2023, February 27, 2023 & February 28, 2023 respectively. Reason for resigning: Due to pre occupation in other assignment. Valuation Update With 7 Day Price Move • May 03
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹48.60, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 414% over the past three years. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹53.20, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 216% over the past three years. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improved over the past week After last week's 19% share price gain to ₹62.25, the stock trades at a trailing P/E ratio of 3.7x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 269% over the past three years. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 17% share price gain to ₹47.75, the stock trades at a trailing P/E ratio of 2.8x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 160% over the past three years. Reported Earnings • Nov 19
First half 2023 earnings released: EPS: ₹5.93 (vs ₹12.10 in 1H 2022) First half 2023 results: EPS: ₹5.93 (down from ₹12.10 in 1H 2022). Revenue: ₹45.1b (up 41% from 1H 2022). Net income: ₹75.0m (down 51% from 1H 2022). Profit margin: 0.2% (down from 0.5% in 1H 2022). 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 increased by 74% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Executive Independent Director Shrikrishna Pandey was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Nov 12
Sagar Diamonds Limited to Report Q2, 2023 Results on Nov 14, 2022 Sagar Diamonds Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Board Change • Nov 01
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Executive Independent Director Shrikrishna Pandey was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Oct 09
Sagar Diamonds Limited Announces Director Resignations, Effective on October 23, 2022 Sagar Diamonds Limited received the resignation letters from the Mr. Manendra Pratap Singh (DlN: 0!217097), Ms. Bandana Singh (DlN: 08003601) and Mr. Shrikrishna Baburam Pandey (DlN: 07035757) independent Non-Executive Directors with effect from October 23, 2022. Annuncio • Sep 09
Sagar Diamonds Limited, Annual General Meeting, Sep 30, 2022 Sagar Diamonds Limited, Annual General Meeting, Sep 30, 2022, at 11:30 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2022, together with the Reports of the Board of Directors and the Auditors thereon; to re-appoint Mr. Saurin Rasiklal Shah, who retires by rotation in terms of Section 152(6) of Companies Act, 2013 and being eligible offers himself for reappointment; to consider appointment of Statutory Auditor for period of five years and to fix their remuneration; and to consider any other matters. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 25% share price gain to ₹60.00, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 860% over the past three years. Board Change • Jul 31
High number of new directors Additional Non Executive Non Independent Director Saurin Shah was the last director to join the board, commencing their role in 2020. Reported Earnings • May 26
Full year 2022 earnings released: EPS: ₹23.00 (vs ₹7.01 in FY 2021) Full year 2022 results: EPS: ₹23.00 (up from ₹7.01 in FY 2021). Revenue: ₹64.9b (up 129% from FY 2021). Net income: ₹290.8m (up 228% from FY 2021). Profit margin: 0.4% (up from 0.3% 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 7% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Board Change • May 25
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman, MD & CFO Vaibhav Shah is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • May 02
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman, MD & CFO Vaibhav Shah is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improved over the past week After last week's 18% share price gain to ₹43.70, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 301% over the past three years. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹49.60, the stock trades at a trailing P/E ratio of 2.8x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 342% over the past three years. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improved over the past week After last week's 20% share price gain to ₹46.90, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 326% over the past three years. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₹37.95, 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 194% over the past three years. Board Change • Dec 06
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman, MD & CFO Vaibhav Shah is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 02
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: ₹12.10. Revenue: ₹31.9b (up 278% from 1H 2021). Net income: ₹153.0m (up ₹139.1m from 1H 2021). Profit margin: 0.5% (up from 0.2% in 1H 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 21% share price gain to ₹26.15, the stock trades at a trailing P/E ratio of 3.7x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 144% over the past three years. Executive Departure • Aug 05
Non-Executive Director Rahil Chovatia has left the company On the 2nd of August, Rahil Chovatia's tenure as Non-Executive Director ended after 4.2 years in the role. As of March 2021, Rahil still personally held only 6.80k shares (₹62k worth at the time). Rahil is the only executive to leave the company over the last 12 months. Reported Earnings • Jul 04
Full year 2021 earnings released: EPS ₹7.01 (vs ₹5.90 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: ₹28.4b (up 44% from FY 2020). Net income: ₹88.6m (up 19% from FY 2020). Profit margin: 0.3% (down from 0.4% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% 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 • May 29
Investor sentiment improved over the past week After last week's 17% share price gain to ₹17.50, the stock trades at a trailing P/E ratio of 3x. Average trailing P/E is 16x in the Luxury industry in India. Total loss to shareholders of 45% over the past three years. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improved over the past week After last week's 22% share price gain to ₹12.99, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 18x in the Luxury industry in India. Total loss to shareholders of 58% over the past three years. Is New 90 Day High Low • Jan 07
New 90-day high: ₹11.04 The company is up 70% from its price of ₹6.51 on 09 October 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 28% over the same period. Annuncio • Dec 13
Sagar Diamonds Limited Appoints Mr. Saurin Shah as Additional (Non Executive Non Independent) Director Sagar Diamonds Limited announced that its board of directors in its meeting held on 11th December, 2020 appointed Mr. Saurin Shah as additional (Non Executive Non Independent) director with effect from 11th December, 2020. Is New 90 Day High Low • Dec 07
New 90-day high: ₹9.50 The company is up 44% from its price of ₹6.60 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 21% over the same period. Is New 90 Day High Low • Nov 16
New 90-day high: ₹7.50 The company is up 19% from its price of ₹6.29 on 18 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 13% over the same period. Annuncio • Nov 08
Sagar Diamonds Limited to Report First Half, 2021 Results on Nov 13, 2020 Sagar Diamonds Limited announced that they will report first half, 2021 results on Nov 13, 2020 Annuncio • Jul 26
Sagar Diamonds Limited to Report Second Half, 2020 Results on Jul 31, 2020 Sagar Diamonds Limited announced that they will report second half, 2020 results on Jul 31, 2020 