Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹264, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 21x in the Chemicals industry in India. Total loss to shareholders of 19% over the past three years. Annuncio • May 06
Poddar Pigments Limited to Report Q4, 2026 Results on May 14, 2026 Poddar Pigments Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 14, 2026 Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹234, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 20x in the Chemicals industry in India. Total loss to shareholders of 12% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹2.12 (vs ₹4.67 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.12 (down from ₹4.67 in 3Q 2025). Revenue: ₹919.8m (up 1.8% from 3Q 2025). Net income: ₹22.5m (down 55% from 3Q 2025). Profit margin: 2.5% (down from 5.5% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. New Risk • Feb 15
New major risk - Revenue and earnings growth Earnings have declined by 0.04% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.04% 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. Profit margins are more than 30% lower than last year (5.0% net profit margin). Market cap is less than US$100m (₹2.67b market cap, or US$29.5m). Annuncio • Feb 05
Poddar Pigments Limited to Report Q3, 2026 Results on Feb 13, 2026 Poddar Pigments Limited announced that they will report Q3, 2026 results on Feb 13, 2026 Annuncio • Oct 31
Poddar Pigments Limited to Report Q2, 2026 Results on Nov 06, 2025 Poddar Pigments Limited announced that they will report Q2, 2026 results on Nov 06, 2025 Annuncio • Sep 27
Poddar Pigments Limited Approves Dividend or the Financial Year 2024-2025 Poddar Pigments Limited at its AGM held on September 26, 2025, approved to declare the dividend of INR 4.00 per Equity Share of INR 10.00 each for the financial year 2024-2025. Declared Dividend • Sep 04
Dividend of ₹4.00 announced Dividend of ₹4.00 is the same as last year. Ex-date: 19th September 2025 Payment date: 26th October 2025 Dividend yield will be 1.5%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (19% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 12
First quarter 2026 earnings released: EPS: ₹3.93 (vs ₹7.17 in 1Q 2025) First quarter 2026 results: EPS: ₹3.93 (down from ₹7.17 in 1Q 2025). Revenue: ₹912.6m (down 7.7% from 1Q 2025). Net income: ₹41.7m (down 45% from 1Q 2025). Profit margin: 4.6% (down from 7.7% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year. Annuncio • Aug 11
Poddar Pigments Limited, Annual General Meeting, Sep 26, 2025 Poddar Pigments Limited, Annual General Meeting, Sep 26, 2025, at 11:00 Indian Standard Time. Annuncio • Aug 05
Poddar Pigments Limited to Report Q1, 2026 Results on Aug 11, 2025 Poddar Pigments Limited announced that they will report Q1, 2026 results on Aug 11, 2025 Annuncio • Jul 02
Poddar Pigments Limited Announces Appointment of Dharmendra Kumar as Company Secretary and Compliance Officer, Effective July 1, 2025 Poddar Pigments Limited announced at the board meeting held on July 1, 2025, Approved the appointment of Shri Dharmendra Kumar as Compliance Officer of the Company with
effect from 1st July, 2025. Shri Dharmendra Kumar is an associate member (ACS-14195) of the Institute of Company Secretaries of India and has more than 18 years' of experience in
Listed/Unlisted Companies. Reported Earnings • May 21
Full year 2025 earnings released: EPS: ₹21.51 (vs ₹27.16 in FY 2024) Full year 2025 results: EPS: ₹21.51 (down from ₹27.16 in FY 2024). Revenue: ₹3.75b (up 1.8% from FY 2024). Net income: ₹228.2m (down 21% from FY 2024). Profit margin: 6.1% (down from 7.8% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year. Annuncio • May 10
Poddar Pigments Limited to Report Q4, 2025 Results on May 20, 2025 Poddar Pigments Limited announced that they will report Q4, 2025 results on May 20, 2025 Annuncio • Apr 11
Poddar Pigments Limited Announces Resignation of Anil Kumar Sharma as Company Secretary, Compliance Officer and Nodal Officer Poddar Pigments Limited announced that Shri Anil Kumar Sharma has tendered his resignation vide resignation letter dated 10th April, 2025 from the post of Company Secretary, Compliance Officer and Nodal Officer of Poddar Pigments Limited due to personal reason. The Management has accepted his resignation and he is relieved from his services with effect from the closing of business hours of 10th April, 2025. Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: ₹4.67 (vs ₹6.73 in 3Q 2024) Third quarter 2025 results: EPS: ₹4.67 (down from ₹6.73 in 3Q 2024). Revenue: ₹919.0m (up 2.0% from 3Q 2024). Net income: ₹49.5m (down 31% from 3Q 2024). Profit margin: 5.4% (down from 7.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 04
Poddar Pigments Limited to Report Q3, 2025 Results on Feb 12, 2025 Poddar Pigments Limited announced that they will report Q3, 2025 results on Feb 12, 2025 Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: ₹4.82 (vs ₹5.72 in 2Q 2024) Second quarter 2025 results: EPS: ₹4.82 (down from ₹5.72 in 2Q 2024). Revenue: ₹920.8m (up 3.4% from 2Q 2024). Net income: ₹51.2m (down 16% from 2Q 2024). Profit margin: 5.6% (down from 6.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year. Annuncio • Oct 28
Poddar Pigments Limited to Report Q2, 2025 Results on Nov 04, 2024 Poddar Pigments Limited announced that they will report Q2, 2025 results on Nov 04, 2024 Annuncio • Sep 24
Poddar Pigments Limited Approves Dividend for the Financial Year 2023-2024 Poddar Pigments Limited announced that at its AGM held on 23 September 2024, the shareholders approved the dividend of INR 4 per equity share of INR 10 each for the financial year 2023-2024. Upcoming Dividend • Sep 09
Upcoming dividend of ₹4.00 per share Eligible shareholders must have bought the stock before 16 September 2024. Payment date: 23 October 2024. Trailing yield: 1.0%. Within top quartile of Indian dividend payers (1.0%). Higher than average of industry peers (0.6%). Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: ₹7.17 (vs ₹6.47 in 1Q 2024) First quarter 2025 results: EPS: ₹7.17 (up from ₹6.47 in 1Q 2024). Revenue: ₹1.00b (up 9.0% from 1Q 2024). Net income: ₹76.1m (up 11% from 1Q 2024). Profit margin: 7.6% (up from 7.5% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year. Annuncio • Aug 08
Poddar Pigments Limited, Annual General Meeting, Sep 23, 2024 Poddar Pigments Limited, Annual General Meeting, Sep 23, 2024, at 11:00 Indian Standard Time. Annuncio • Aug 02
Poddar Pigments Limited to Report Q1, 2025 Results on Aug 08, 2024 Poddar Pigments Limited announced that they will report Q1, 2025 results on Aug 08, 2024 Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹470, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 33x in the Chemicals industry in India. Total returns to shareholders of 101% over the past three years. Reported Earnings • May 20
Full year 2024 earnings released: EPS: ₹27.16 (vs ₹25.77 in FY 2023) Full year 2024 results: EPS: ₹27.16 (up from ₹25.77 in FY 2023). Revenue: ₹3.76b (up 10% from FY 2023). Net income: ₹288.2m (up 5.4% from FY 2023). Profit margin: 7.7% (down from 8.0% 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 5% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 09
Poddar Pigments Limited to Report Q4, 2024 Results on May 19, 2024 Poddar Pigments Limited announced that they will report Q4, 2024 results on May 19, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: ₹6.73 (vs ₹6.56 in 3Q 2023) Third quarter 2024 results: EPS: ₹6.73 (up from ₹6.56 in 3Q 2023). Revenue: ₹918.6m (up 11% from 3Q 2023). Net income: ₹71.4m (up 2.6% from 3Q 2023). Profit margin: 7.8% (down from 8.4% in 3Q 2023). The decrease in margin was driven by higher expenses. 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 21% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Feb 01
Poddar Pigments Limited to Report Q3, 2024 Results on Feb 09, 2024 Poddar Pigments Limited announced that they will report Q3, 2024 results on Feb 09, 2024 Annuncio • Oct 28
Poddar Pigments Limited to Report Q2, 2024 Results on Nov 06, 2023 Poddar Pigments Limited announced that they will report Q2, 2024 results on Nov 06, 2023 Annuncio • Sep 29
Poddar Pigments Limited Approves Interim Dividend for the Financial Year 2022-23 as Final Dividend Poddar Pigments Limited at its AGM held on September 27, 2023, approved the Interim Dividend of INR 3.50 per Share on Equity Shares of INR 10/- for the financial year 2022-23 as Final Dividend. Annuncio • Sep 28
Poddar Pigments Limited Approves Board Appointments Poddar Pigments Limited approved the appointment of Shri Gajendra Kumar Bhandari and Shri Ramaseshan Mohan as an Independent Directors of the Company for a period of five consecutive years with effect from 1 October, 2023 to 30 September, 2028. Annuncio • Aug 06
Poddar Pigments Limited, Annual General Meeting, Sep 27, 2023 Poddar Pigments Limited, Annual General Meeting, Sep 27, 2023, at 11:00 Indian Standard Time. Location: Crowne Plaza, Sitapura Industrial Area, Tonk Road Jaipur Rajasthan India Reported Earnings • Aug 06
First quarter 2024 earnings released: EPS: ₹6.47 (vs ₹5.13 in 1Q 2023) First quarter 2024 results: EPS: ₹6.47 (up from ₹5.13 in 1Q 2023). Revenue: ₹930.7m (up 12% from 1Q 2023). Net income: ₹68.7m (up 26% from 1Q 2023). Profit margin: 7.4% (up from 6.6% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jul 28
Poddar Pigments Limited to Report Q1, 2024 Results on Aug 05, 2023 Poddar Pigments Limited announced that they will report Q1, 2024 results on Aug 05, 2023 Annuncio • May 30
Poddar Pigments Limited Appoints Anil Kumar Sharma as Company Secretary and Compliance Officer Poddar Pigments Limited at its AGM held on May 29, 2023, approved the appointment of Shri Anil Kumar Sharma as Company Secretary (Key Managerial Personnel) of the Company with effect from 29 May, 2023 and he shall continue to act as Compliance Officer of the Company and approved the appointment of Shri Anil Kumar Sharma as Nodal Officer in place Shri Bipin Kumar Bohra with effect from 29 May, 2023. Shri Anil Kumar Sharma was appointed as Assistant Company Secretary of the Company with effect from 2nd April, 2022 and he is a fellow member (FCS-9382) of the Institute of Company Secretaries of India. He has more than 14 years' experience in Listed/Unlisted Companies. Reported Earnings • May 30
Full year 2023 earnings released: EPS: ₹25.77 (vs ₹20.03 in FY 2022) Full year 2023 results: EPS: ₹25.77 (up from ₹20.03 in FY 2022). Revenue: ₹3.46b (up 17% from FY 2022). Net income: ₹273.4m (up 29% from FY 2022). Profit margin: 7.9% (up from 7.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jan 18
Third quarter 2023 earnings released: EPS: ₹6.56 (vs ₹6.41 in 3Q 2022) Third quarter 2023 results: EPS: ₹6.56 (up from ₹6.41 in 3Q 2022). Revenue: ₹843.6m (up 10.0% from 3Q 2022). Net income: ₹69.6m (up 2.3% from 3Q 2022). Profit margin: 8.2% (down from 8.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 14% per year. Annuncio • Jan 17
Poddar Pigments Limited Announces Executive Appointments Poddar Pigments Limited at its board meeting held on January 16, 2023, approved the appointment of Shri Bipin Kumar Bohra as Nodal Officer of the Company with effect from January 16, 2023 and approved the appointment of Shri Anil Kumar Sharma as Compliance Officer and Deputy Nodal Officer of the Company with effect from January 16, 2023, till further review. Shri Bipin Kumar Bohra, Chief Financial Officer of the Company, is a Chartered Accountant and has about 36 years' experience across the entire spectrum of Finance, Accounts, Taxation, Legal, etc. He is associated with the Company since 1999. Shri Anil Kumar Sharma was appointed as Assistant Company Secretary of the Company with effect from 2nd April, 2022 and he is a fellow member (FCS-9382) of the Institute of Company Secretaries of India. He has more than 13 years' experience in other Listed/Unlisted Companies. 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. 3 experienced directors. 4 highly experienced directors. Independent Non Executive Director Lalitha Kumaramangalam was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improved over the past week After last week's 19% share price gain to ₹297, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 78% over the past three years. Upcoming Dividend • Sep 14
Upcoming dividend of ₹2.50 per share Eligible shareholders must have bought the stock before 21 September 2022. Payment date: 18 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 (1.5%). Higher than average of industry peers (0.7%). Reported Earnings • Aug 03
First quarter 2023 earnings released: EPS: ₹5.13 (vs ₹4.45 in 1Q 2022) First quarter 2023 results: EPS: ₹5.13 (up from ₹4.45 in 1Q 2022). Revenue: ₹827.9m (up 37% from 1Q 2022). Net income: ₹54.4m (up 15% from 1Q 2022). Profit margin: 6.6% (down from 7.8% 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 10% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 28
Full year 2022 earnings released: EPS: ₹20.03 (vs ₹22.30 in FY 2021) Full year 2022 results: EPS: ₹20.03 (down from ₹22.30 in FY 2021). Revenue: ₹3.00b (up 15% from FY 2021). Net income: ₹212.5m (down 10% from FY 2021). Profit margin: 7.1% (down from 9.1% in FY 2021). The decrease in margin was driven by higher expenses. 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 14% per year. 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. 3 experienced directors. 4 highly experienced directors. Independent Non Executive Director Lalitha Kumaramangalam was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jan 18
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹6.41 (down from ₹7.36 in 3Q 2021). Revenue: ₹772.7m (down 7.1% from 3Q 2021). Net income: ₹68.0m (down 13% from 3Q 2021). Profit margin: 8.8% (down from 9.4% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 19% per year. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₹322, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 79% over the past three years. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS ₹4.09 (vs ₹3.71 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: ₹769.3m (up 27% from 2Q 2021). Net income: ₹43.4m (up 10% from 2Q 2021). Profit margin: 5.6% (down from 6.5% 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 16% per year whereas the company’s share price has increased by 17% per year. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 16% share price gain to ₹378, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 61% over the past three years. Board Change • Sep 02
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. 2 experienced directors. 4 highly experienced directors. Independent Non Executive Director Lalitha Kumaramangalam was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improved over the past week After last week's 17% share price gain to ₹223, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 17x in the Chemicals industry in India. Total loss to shareholders of 18% over the past three years. Is New 90 Day High Low • Feb 15
New 90-day high: ₹211 The company is up 21% from its price of ₹174 on 17 November 2020. The Indian market is also up 21% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Chemicals industry, which is up 16% over the same period. Reported Earnings • Feb 07
Third quarter 2021 earnings released: EPS ₹7.36 (vs ₹4.87 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₹831.3m (down 5.0% from 3Q 2020). Net income: ₹78.1m (up 51% from 3Q 2020). Profit margin: 9.4% (up from 5.9% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 31
New 90-day high: ₹198 The company is up 3.0% from its price of ₹193 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 20% over the same period. Is New 90 Day High Low • Nov 03
New 90-day low: ₹173 The company is down 1.0% from its price of ₹176 on 05 August 2020. The Indian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 13% over the same period.