Annuncio • May 21
Darshan Orna Limited to Report Q4, 2026 Results on May 28, 2026 Darshan Orna Limited announced that they will report Q4, 2026 results on May 28, 2026 Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.01 (vs ₹0.02 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.01 (down from ₹0.02 in 3Q 2025). Revenue: ₹250.7m (up ₹226.7m from 3Q 2025). Net income: ₹863.0k (down 19% from 3Q 2025). Profit margin: 0.3% (down from 4.4% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Annuncio • Feb 07
Darshan Orna Limited to Report Q3, 2026 Results on Feb 14, 2026 Darshan Orna Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 14, 2026 New Risk • Jan 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.4% average weekly change). Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Market cap is less than US$10m (₹278.2m market cap, or US$3.09m). Minor Risks Profit margins are more than 30% lower than last year (1.9% net profit margin). Revenue is less than US$5m (₹319m revenue, or US$3.5m). New Risk • Dec 07
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 100% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Market cap is less than US$10m (₹308.2m market cap, or US$3.43m). 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 (1.9% net profit margin). Revenue is less than US$5m (₹319m revenue, or US$3.5m). Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹3.21, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 30x in the Retail Distributors industry in India. Total loss to shareholders of 17% over the past three years. New Risk • Nov 13
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 Risk Market cap is less than US$10m (₹142.6m market cap, or US$1.61m). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Profit margins are more than 30% lower than last year (1.9% net profit margin). Revenue is less than US$5m (₹319m revenue, or US$3.6m). Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹3.16, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 31x in the Retail Distributors industry in India. Total loss to shareholders of 22% over the past three years. Reported Earnings • Oct 15
Second quarter 2026 earnings released: EPS: ₹0.05 (vs ₹0.04 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.05 (up from ₹0.04 in 2Q 2025). Revenue: ₹63.1m (up 156% from 2Q 2025). Net income: ₹2.38m (up 31% from 2Q 2025). Profit margin: 3.8% (down from 7.4% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Annuncio • Oct 08
Darshan Orna Limited to Report Q2, 2026 Results on Oct 14, 2025 Darshan Orna Limited announced that they will report Q2, 2026 results at 9:15 AM, Indian Standard Time on Oct 14, 2025 Annuncio • Sep 05
Darshan Orna Limited, Annual General Meeting, Sep 27, 2025 Darshan Orna Limited, Annual General Meeting, Sep 27, 2025, at 11:30 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹0.04 (vs ₹0.02 in 1Q 2025) First quarter 2026 results: EPS: ₹0.04 (up from ₹0.02 in 1Q 2025). Revenue: ₹147.8m (up 76% from 1Q 2025). Net income: ₹2.15m (up 108% from 1Q 2025). Profit margin: 1.5% (up from 1.2% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Annuncio • Aug 06
Darshan Orna Limited to Report Q1, 2026 Results on Aug 12, 2025 Darshan Orna Limited announced that they will report Q1, 2026 results on Aug 12, 2025 New Risk • Jun 07
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: 2.1% Last year net profit margin: 13% 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 Risk Market cap is less than US$10m (₹123.1m market cap, or US$1.43m). Minor Risks Profit margins are more than 30% lower than last year (2.1% net profit margin). Revenue is less than US$5m (₹217m revenue, or US$2.5m). Annuncio • May 21
Darshan Orna Limited to Report Q4, 2025 Results on May 30, 2025 Darshan Orna Limited announced that they will report Q4, 2025 results on May 30, 2025 Annuncio • Mar 20
Darshan Orna Limited Approves the Appointment of Shivani Joshi as Company Secretary and Compliance Officer A meeting of the Board of Directors of Darshan Orna Limited was held on 20th March, 2025 at the Registered office of the Company, on the recommendation of the Nomination and Remuneration Committee of the Company, the Board of Directors, have approved the appointment of Mrs. Shivani Joshi as the Company Secretary and Compliance Officer of the Company, with effect from March 20, 2025. CS Shivani Joshi is an Associate Member of the Institute of Company Secretaries of India and has diverse corporate secretarial experience involving compliances relating to the Companies Act, SEBI, Corporate and other Allied Laws. Annuncio • Mar 18
Ritesh Soni Resigns as Company Secretary and Compliance Officer of Darshan Orna Limited Darshan Orna Limited announced that Mr. Ritesh Soni (ACS: 64918) has tendered his resignation vide his resignation letter dated March 18th, 2025 from the post of
Company Secretary and Compliance Officer of the Company to pursue other opportunities. Reported Earnings • Jan 08
Third quarter 2025 earnings released: EPS: ₹0.02 (vs ₹0.07 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.02 (down from ₹0.07 in 3Q 2024). Revenue: ₹24.0m (down 78% from 3Q 2024). Net income: ₹1.07m (down 68% from 3Q 2024). Profit margin: 4.4% (up from 3.1% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. Annuncio • Dec 31
Darshan Orna Limited to Report Q3, 2025 Results on Jan 07, 2025 Darshan Orna Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Jan 07, 2025 Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₹4.57, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 35x in the Retail Distributors industry in India. Total loss to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹6.05, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 36x in the Retail Distributors industry in India. Total loss to shareholders of 63% over the past three years. Recent Insider Transactions • Nov 29
Executive Director recently sold ₹8.6m worth of stock On the 25th of November, Mahendrabhai Shah sold around 2m shares on-market at roughly ₹4.91 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹9.2m. Insiders have been net sellers, collectively disposing of ₹29m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹4.53, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 41x in the Retail Distributors industry in India. Total loss to shareholders of 72% over the past three years. Recent Insider Transactions • Nov 09
Executive Director recently sold ₹8.1m worth of stock On the 7th of November, Mahendrabhai Shah sold around 2m shares on-market at roughly ₹5.25 per share. This transaction amounted to 9.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹9.2m. Insiders have been net sellers, collectively disposing of ₹17m more than they bought in the last 12 months. Recent Insider Transactions • Nov 05
Executive Director recently sold ₹9.2m worth of stock On the 29th of October, Mahendrabhai Shah sold around 2m shares on-market at roughly ₹4.99 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹4.97, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 49x in the Retail Distributors industry in India. Total loss to shareholders of 71% over the past three years. Reported Earnings • Oct 19
Second quarter 2025 earnings released: EPS: ₹0.04 (vs ₹0.19 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.04 (down from ₹0.19 in 2Q 2024). Revenue: ₹24.7m (down 26% from 2Q 2024). Net income: ₹1.82m (down 81% from 2Q 2024). Profit margin: 7.4% (down from 29% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Annuncio • Oct 01
Darshan Orna Limited to Report Q2, 2025 Results on Oct 08, 2024 Darshan Orna Limited announced that they will report Q2, 2025 results at 3:30 PM, Indian Standard Time on Oct 08, 2024 Annuncio • Sep 10
Darshan Orna Limited, Annual General Meeting, Sep 30, 2024 Darshan Orna Limited, Annual General Meeting, Sep 30, 2024, at 13:00 Indian Standard Time. New Risk • Aug 20
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 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹255.7m market cap, or US$3.05m). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Revenue is less than US$5m (₹276m revenue, or US$3.3m). Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹5.11, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 46x in the Retail Distributors industry in India. Total loss to shareholders of 54% over the past three years. Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: ₹0.02 (vs ₹0.016 in 1Q 2024) First quarter 2025 results: EPS: ₹0.02 (up from ₹0.016 in 1Q 2024). Revenue: ₹84.2m (up 389% from 1Q 2024). Net income: ₹1.03m (up 31% from 1Q 2024). Profit margin: 1.2% (down from 4.6% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Annuncio • Aug 07
Darshan Orna Limited to Report Q1, 2025 Results on Aug 13, 2024 Darshan Orna Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹0.53 (vs ₹0.012 in FY 2023) Full year 2024 results: EPS: ₹0.53 (up from ₹0.012 in FY 2023). Revenue: ₹243.1m (up 76% from FY 2023). Net income: ₹26.7m (up ₹26.1m from FY 2023). Profit margin: 11% (up from 0.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Annuncio • May 24
Darshan Orna Limited to Report Q4, 2024 Results on May 29, 2024 Darshan Orna Limited announced that they will report Q4, 2024 results on May 29, 2024 Annuncio • Apr 30
Darshan Orna Limited Appoints Manoharbhai Bharatbhai Chunara as an Independent Director Darshan Orna Limited at its Extra Ordinary General Meeting held on 29 March 2024, approved to regularize Mr. Manoharbhai Bharatbhai Chunara as an Independent Director of the Company. Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹0.07 (vs ₹0.016 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.07 (up from ₹0.016 in 3Q 2023). Revenue: ₹112.6m (up 149% from 3Q 2023). Net income: ₹3.35m (up 297% from 3Q 2023). Profit margin: 3.0% (up from 1.9% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹4.40, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 43x in the Retail Distributors industry in India. Total returns to shareholders of 96% over the past three years. Annuncio • Jan 31
Darshan Orna Limited to Report Q3, 2024 Results on Feb 06, 2024 Darshan Orna Limited announced that they will report Q3, 2024 results on Feb 06, 2024 Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹2.78, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 39x in the Retail Distributors industry in India. Total loss to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₹2.85, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 35x in the Retail Distributors industry in India. Total loss to shareholders of 46% over the past three years. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improves as stock rises 42% After last week's 42% share price gain to ₹4.17, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 37x in the Retail Distributors industry in India. Negligible returns to shareholders over past three years. New Risk • Oct 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹194.1m market cap, or US$2.33m). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (₹129m revenue, or US$1.6m). Reported Earnings • Oct 15
Second quarter 2024 earnings released: EPS: ₹0.19 (vs ₹0.052 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.19 (up from ₹0.052 in 2Q 2023). Revenue: ₹44.2m (up 45% from 2Q 2023). Net income: ₹9.66m (up 270% from 2Q 2023). Profit margin: 22% (up from 8.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annuncio • Oct 14
Darshan Orna Limited Announces Resignation of Mr. Satish Sheth as Independent Director The Board of Darshan Orna Limited considered Resignation of Mr. Satish Sheth, (DIN: 00065924) an independent director with effect from October 12, 2023. Mr. Shah has tendered his resignation due to preoccupancy. Names of listed entities in which Directorship the resigning director holds directorships, indicating the Committee Position category of directorship and membership of board committees, if any: For Darshan Orna Limited: Committee Position - member of below committees: Audit Committee, Nomination and remuneration Committee and Stakeholders relationship Committee. Annuncio • Oct 01
Darshan Orna Limited to Report Q2, 2024 Results on Oct 07, 2023 Darshan Orna Limited announced that they will report Q2, 2024 results on Oct 07, 2023 Annuncio • Sep 07
Darshan Orna Limited, Annual General Meeting, Sep 29, 2023 Darshan Orna Limited, Annual General Meeting, Sep 29, 2023, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the audited Financial Statements of the Company for the financial year ended on 315t March, 2023, together with reports of the Board and Auditors thereon; to appoint Mrs. Arunaben Mahendrakumar Shah who retires by rotation at this Annual General Meeting in terms of Section 152(6) of the Companies Act, 2013. Mrs. Arunaben Mahendrakumar Shah who retires by rotation at this meeting and being eligible has offered himself for re-appointment; to appoint the Statutory Auditors of the Company and to fix their remuneration; and to discuss any other relevant matters. Annuncio • Aug 10
Darshan Orna Limited to Report Q1, 2024 Results on Aug 14, 2023 Darshan Orna Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Annuncio • May 23
Darshan Orna Limited to Report Q4, 2023 Results on May 29, 2023 Darshan Orna Limited announced that they will report Q4, 2023 results on May 29, 2023 Annuncio • Feb 05
Darshan Orna Limited to Report Q3, 2023 Results on Feb 11, 2023 Darshan Orna Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Feb 11, 2023 Reported Earnings • Nov 18
Second quarter 2023 earnings released: EPS: ₹0.052 (vs ₹0.03 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.052 (up from ₹0.03 in 2Q 2022). Revenue: ₹30.5m (down 13% from 2Q 2022). Net income: ₹2.61m (up 192% from 2Q 2022). Profit margin: 8.6% (up from 2.6% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Non-Executive Independent Director Satish Sheth was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • Nov 05
Darshan Orna Limited to Report Q2, 2023 Results on Nov 10, 2022 Darshan Orna Limited announced that they will report Q2, 2023 results at 3:30 PM, Indian Standard Time on Nov 10, 2022 Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improved over the past week After last week's 19% share price gain to ₹4.98, the stock trades at a trailing P/E ratio of 51.5x. Average trailing P/E is 47x in the Retail Distributors industry in India. Total loss to shareholders of 52% over the past three years. Annuncio • Sep 09
Darshan Orna Limited, Annual General Meeting, Sep 30, 2022 Darshan Orna Limited, Annual General Meeting, Sep 30, 2022, at 13:00 Indian Standard Time. Location: 102, First Floor, Shree Balaji Paragon, B/S Rock Regency Hotel, Nr. Circle - P, C.G. Road, Ahmedabad- 380009, Gujarat Ahmedabad India Agenda: To receive, consider and adopt the audited Financial Statements of the Company for the financial year ended on 31 March, 2022, together with reports of the Board and Auditors thereon; and to appoint the Statutory Auditors of the Company and to fix remuneration. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improved over the past week After last week's 20% share price gain to ₹4.99, the stock trades at a trailing P/E ratio of 51.6x. Average trailing P/E is 55x in the Retail Distributors industry in India. Total loss to shareholders of 33% over the past three years. Reported Earnings • Jul 20
First quarter 2023 earnings released: EPS: ₹0.022 (vs ₹0.084 in 1Q 2022) First quarter 2023 results: EPS: ₹0.022 (down from ₹0.084 in 1Q 2022). Revenue: ₹39.5m (up 18% from 1Q 2022). Net income: ₹1.13m (down 73% from 1Q 2022). Profit margin: 2.9% (down from 13% 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 52% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹5.20, the stock trades at a trailing P/E ratio of 33x. Average trailing P/E is 44x in the Retail Distributors industry in India. Total loss to shareholders of 35% over the past three years. Valuation Update With 7 Day Price Move • May 26
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹34.80, the stock trades at a trailing P/E ratio of 44.2x. Average trailing P/E is 42x in the Retail Distributors industry in India. Total returns to shareholders of 15% over the past three years. Valuation Update With 7 Day Price Move • May 06
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹52.35, the stock trades at a trailing P/E ratio of 66.4x. Average trailing P/E is 35x in the Retail Distributors industry in India. Total returns to shareholders of 101% over the past three years. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Non-Executive Independent Director Satish Sheth was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions • Apr 21
Executive Director recently sold ₹8.9m worth of stock On the 20th of April, Mahendrabhai Shah sold around 112k shares on-market at roughly ₹79.73 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Apr 16
Full year 2022 earnings released: EPS: ₹0.79 (vs ₹1.84 in FY 2021) Full year 2022 results: EPS: ₹0.79 (down from ₹1.84 in FY 2021). Revenue: ₹139.3m (up 131% from FY 2021). Net income: ₹7.89m (down 57% from FY 2021). Profit margin: 5.7% (down from 31% 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 50% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 02
Darshan Orna Limited to Report Fiscal Year 2022 Results on Apr 09, 2022 Darshan Orna Limited announced that they will report fiscal year 2022 results on Apr 09, 2022 Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹72.50, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 34x in the Retail Distributors industry in India. Total returns to shareholders of 141% over the past three years. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹120, the stock trades at a trailing P/E ratio of 51.1x. Average trailing P/E is 32x in the Retail Distributors industry in India. Total returns to shareholders of 224% over the past three years. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improved over the past week After last week's 19% share price gain to ₹126, the stock trades at a trailing P/E ratio of 53.7x. Average trailing P/E is 36x in the Retail Distributors industry in India. Total returns to shareholders of 202% over the past three years. Reported Earnings • Nov 15
Second quarter 2022 earnings released The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: ₹36.1m (up ₹30.8m from 2Q 2021). Net income: ₹1.55m (up 33% from 2Q 2021). Profit margin: 4.3% (down from 22% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. 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 ₹70.70, the stock trades at a trailing P/E ratio of 31.4x. Average trailing P/E is 52x in the Retail Distributors industry in India. Total returns to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment improved over the past week After last week's 16% share price gain to ₹63.75, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 44x in the Retail Distributors industry in India. Total returns to shareholders of 3.0% over the past three years. Reported Earnings • Aug 19
First quarter 2022 earnings released: EPS ₹0.42 (vs ₹0.01 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: ₹37.2m (up ₹36.7m from 1Q 2021). Net income: ₹4.18m (up ₹4.11m from 1Q 2021). Profit margin: 11% (down from 12% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improved over the past week After last week's 17% share price gain to ₹42.65, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 71x in the Retail Distributors industry in India. Total loss to shareholders of 11% over the past three years. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improved over the past week After last week's 19% share price gain to ₹39.00, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 80x in the Retail Distributors industry in India. Total loss to shareholders of 20% over the past three years. Reported Earnings • Jul 04
Full year 2021 earnings released: EPS ₹1.82 (vs ₹1.68 loss 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: ₹80.9m (down 55% from FY 2020). Net income: ₹18.4m (up ₹35.2m from FY 2020). Profit margin: 23% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 10
New 90-day low: ₹11.25 The company is down 57% from its price of ₹26.00 on 12 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 21% over the same period. Reported Earnings • Jan 27
Third quarter 2021 earnings released: EPS ₹0.10 (vs ₹0.39 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: ₹4.54m (down 87% from 3Q 2020). Net income: ₹1.03m (down 74% from 3Q 2020). Profit margin: 23% (up from 11% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Annuncio • Jan 19
Darshan Orna Limited to Report Q3, 2021 Results on Jan 26, 2021 Darshan Orna Limited announced that they will report Q3, 2021 results on Jan 26, 2021 Is New 90 Day High Low • Jan 08
New 90-day low: ₹11.91 The company is down 3.0% from its price of ₹12.25 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 18% over the same period. Annuncio • Dec 13
Darshan Orna Limited Announces Appointment of Sonika Jain as Company Secretary and Compliance Officer Darshan Orna Limited appointed Mrs. Sonika Jain as Company Secretary and Compliance officer, effective August 14, 2020. Reported Earnings • Nov 12
Second quarter 2021 earnings released: EPS ₹0.11 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₹5.31m (down 66% from 2Q 2020). Net income: ₹1.17m (up 11% from 2Q 2020). Profit margin: 22% (up from 6.7% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 105% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Nov 10
New 90-day high: ₹26.50 The company is up 77% from its price of ₹15.00 on 11 August 2020. The Indian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is up 6.0% over the same period. Is New 90 Day High Low • Oct 19
New 90-day high: ₹17.09 The company is up 5.0% from its price of ₹16.25 on 21 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 11% over the same period. Is New 90 Day High Low • Sep 21
New 90-day low: ₹9.03 The company is down 69% from its price of ₹29.30 on 23 June 2020. The Indian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 5.0% over the same period. Annuncio • Sep 13
Darshan Orna Limited to Report Q1, 2021 Results on Sep 15, 2020 Darshan Orna Limited announced that they will report Q1, 2021 results on Sep 15, 2020 Annuncio • Sep 08
Darshan Orna Limited to Report Fiscal Year 2020 Results on Jul 31, 2020 Darshan Orna Limited announced that they will report fiscal year 2020 results on Jul 31, 2020 