Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹330, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 27x in the Retail Distributors industry in India. Total returns to shareholders of 608% over the past three years. Reported Earnings • May 30
Full year 2026 earnings released: EPS: ₹10.27 (vs ₹9.27 in FY 2025) Full year 2026 results: EPS: ₹10.27 (up from ₹9.27 in FY 2025). Revenue: ₹71.4m (flat on FY 2025). Net income: ₹55.5m (up 11% from FY 2025). Profit margin: 78% (up from 71% in FY 2025). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 23
Osiajee Texfab Limited to Report Q4, 2026 Results on May 28, 2026 Osiajee Texfab Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 28, 2026 New Risk • May 15
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: ₹85m (US$893k) This is considered a major 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 Risk Revenue is less than US$1m (₹85m revenue, or US$893k). Minor Risk Market cap is less than US$100m (₹2.47b market cap, or US$25.8m). Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹469, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 24x in the Retail Distributors industry in India. Total returns to shareholders of 688% over the past three years. Reported Earnings • Feb 03
Third quarter 2026 earnings released Third quarter 2026 results: Revenue: ₹12.2m (up 16% from 3Q 2025). Net income: ₹8.78m (up 3.0% from 3Q 2025). Profit margin: 72% (down from 81% in 3Q 2025). The decrease in margin was driven by higher expenses. Annuncio • Jan 21
Osiajee Texfab Limited to Report Q3, 2026 Results on Jan 28, 2026 Osiajee Texfab Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Jan 28, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released Second quarter 2026 results: EPS: ₹0.31. Revenue: ₹20.8m (up 173% from 2Q 2025). Net income: ₹17.1m (up 331% from 2Q 2025). Profit margin: 82% (up from 52% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has increased by 114% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Sep 03
Osiajee Texfab Limited, Annual General Meeting, Sep 30, 2025 Osiajee Texfab Limited, Annual General Meeting, Sep 30, 2025. Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: ₹0.73 (vs ₹0.24 in 1Q 2025) First quarter 2026 results: EPS: ₹0.73 (up from ₹0.24 in 1Q 2025). Revenue: ₹8.30m (up 97% from 1Q 2025). Net income: ₹3.96m (up 203% from 1Q 2025). Profit margin: 48% (up from 31% 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 72% per year whereas the company’s share price has increased by 74% per year. Annuncio • Aug 02
Osiajee Texfab Limited to Report Q1, 2026 Results on Aug 07, 2025 Osiajee Texfab Limited announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹9.26 (vs ₹2.16 in FY 2024) Full year 2025 results: EPS: ₹9.26 (up from ₹2.16 in FY 2024). Revenue: ₹71.2m (up 200% from FY 2024). Net income: ₹50.0m (up 330% from FY 2024). Profit margin: 70% (up from 49% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 19
Osiajee Texfab Limited to Report Q4, 2025 Results on May 30, 2025 Osiajee Texfab Limited announced that they will report Q4, 2025 results on May 30, 2025 New Risk • Feb 11
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 7.7% 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 Risks Revenue is less than US$1m (₹29m revenue, or US$339k). Market cap is less than US$10m (₹423.5m market cap, or US$4.88m). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Significant insider selling over the past 3 months (₹23m sold). Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹65.36, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 28x in the Retail Distributors industry in India. Total returns to shareholders of 26% over the past three years. Reported Earnings • Jan 29
Third quarter 2025 earnings released: EPS: ₹0.16 (vs ₹0.53 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.16. Revenue: ₹10.6m (up 145% from 3Q 2024). Net income: ₹8.52m (up 193% from 3Q 2024). Profit margin: 81% (up from 68% in 3Q 2024). The increase in margin was driven by higher revenue. Annuncio • Jan 17
Osiajee Texfab Limited to Report Q3, 2025 Results on Jan 28, 2025 Osiajee Texfab Limited announced that they will report Q3, 2025 results on Jan 28, 2025 Recent Insider Transactions • Jan 06
MD & Executive Director recently sold ₹5.7m worth of stock On the 31st of December, Reema Saroya sold around 113k shares on-market at roughly ₹50.32 per share. This transaction amounted to 38% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹652m. Insiders have been net sellers, collectively disposing of ₹682m more than they bought in the last 12 months. Recent Insider Transactions • Dec 21
MD & Executive Director recently sold ₹7.7m worth of stock On the 12th of December, Reema Saroya sold around 154k shares on-market at roughly ₹49.97 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹652m. Insiders have been net sellers, collectively disposing of ₹676m more than they bought in the last 12 months. Recent Insider Transactions • Dec 06
MD & Executive Director recently sold ₹2.5m worth of stock On the 27th of November, Reema Saroya sold around 50k shares on-market at roughly ₹50.65 per share. This transaction amounted to 10.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹652m. Insiders have been net sellers, collectively disposing of ₹668m more than they bought in the last 12 months. Recent Insider Transactions • Nov 26
MD & Executive Director recently sold ₹652m worth of stock On the 19th of November, Reema Saroya sold around 128k shares on-market at roughly ₹5,078 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹664m more than they bought in the last 12 months. Reported Earnings • Oct 23
Second quarter 2025 earnings released: EPS: ₹0.97 (vs ₹0.65 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.97 (up from ₹0.65 in 2Q 2024). Revenue: ₹11.9m (up 61% from 2Q 2024). Net income: ₹5.28m (up 51% from 2Q 2024). Profit margin: 44% (down from 47% 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 31% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 14
Osiajee Texfab Limited to Report Q2, 2025 Results on Oct 22, 2024 Osiajee Texfab Limited announced that they will report Q2, 2025 results on Oct 22, 2024 Annuncio • Oct 01
Osiajee Texfab Limited Appoints Sunita Devi as Independent Director Osiajee Texfab Limited at its 29th Annual General Meeting held on September 30, 2024, Ms. Sunita Devi (DIN: 10697874) has been appointed as Independent Director of the Company with effect from August 14, 2024 to hold office for five consecutive years for a term upto August 13, 2029. Ms. Sunita Devi has a Master's degree in Business Administration from the J.K. Gujral Punjab Technical University Jalandhar under the Punjab Technical University and possesses specialisation in Finance & Human Resource management skills required for the business. She also has wide knowledge and experience in the field of management. Recent Insider Transactions • Sep 21
MD & Executive Director recently sold ₹4.6m worth of stock On the 16th of September, Reema Saroya sold around 98k shares on-market at roughly ₹46.65 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹13m more than they bought in the last 12 months. Annuncio • Sep 09
Osiajee Texfab Limited, Annual General Meeting, Sep 30, 2024 Osiajee Texfab Limited, Annual General Meeting, Sep 30, 2024, at 16:00 Indian Standard Time. Reported Earnings • Aug 16
First quarter 2025 earnings released: EPS: ₹0.24 (vs ₹0.42 in 1Q 2024) First quarter 2025 results: EPS: ₹0.24 (down from ₹0.42 in 1Q 2024). Revenue: ₹4.21m (down 19% from 1Q 2024). Net income: ₹1.31m (down 43% from 1Q 2024). Profit margin: 31% (down from 44% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 04
Osiajee Texfab Limited to Report Q1, 2025 Results on Aug 14, 2024 Osiajee Texfab Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹46.58, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 50x in the Retail Distributors industry in India. Total returns to shareholders of 5.8% over the past three years. New Risk • Jul 08
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 0.3% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.3% operating cash flow to total debt). Revenue is less than US$1m (₹24m revenue, or US$293k). Market cap is less than US$10m (₹210.6m market cap, or US$2.52m). Minor Risk Significant insider selling over the past 3 months (₹6.3m sold). Recent Insider Transactions • May 16
MD & Executive Director recently sold ₹1.8m worth of stock On the 13th of May, Reema Saroya sold around 41k shares on-market at roughly ₹42.35 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹3.1m. Insiders have been net sellers, collectively disposing of ₹1.5m more than they bought in the last 12 months. New Risk • May 11
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₹4.6m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹22m revenue, or US$264k). Market cap is less than US$10m (₹225.2m market cap, or US$2.70m). Minor Risk Significant insider selling over the past 3 months (₹4.6m sold). Annuncio • Apr 14
Osiajee Texfab Limited to Report Q4, 2024 Results on Apr 22, 2024 Osiajee Texfab Limited announced that they will report Q4, 2024 results on Apr 22, 2024 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹33.92, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 39x in the Retail Distributors industry in India. Total returns to shareholders of 40% over the past three years. Annuncio • Mar 13
Osiajee Texfab Limited Announces Appointment of Twinkle Narula as Company Secretary Osiajee Texfab Limited announced at the board meeting held on March 13, 2024, has approved the appointment of Ms. Twinkle Narula as Company Secretary and Compliance Officer of the Company with immediate effect. Date of Birth: 05.03.1996. Ms. Twinkle Narula is an Associate Member of Institute of Company Secretaries of India (Membership No. A66080). She has experience in Company Secretarial Functions, Statutory Compliance and Corporate Governance. Recent Insider Transactions • Feb 29
MD & Executive Director recently sold ₹3.1m worth of stock On the 26th of February, Reema Saroya sold around 86k shares on-market at roughly ₹36.24 per share. This transaction amounted to 7.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹4.0m more than they sold in the last 12 months. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹31.66, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 42x in the Retail Distributors industry in India. Total returns to shareholders of 34% over the past three years. Reported Earnings • Jan 17
Third quarter 2024 earnings released: EPS: ₹0.53 (vs ₹1.00 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.53 (down from ₹1.00 in 3Q 2023). Revenue: ₹4.31m (down 39% from 3Q 2023). Net income: ₹2.91m (down 46% from 3Q 2023). Profit margin: 68% (down from 77% 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 54% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Annuncio • Jan 05
Osiajee Texfab Limited to Report Q3, 2024 Results on Jan 16, 2024 Osiajee Texfab Limited announced that they will report Q3, 2024 results on Jan 16, 2024 Recent Insider Transactions • Dec 05
MD & Executive Director recently bought ₹1.5m worth of stock On the 4th of December, Reema Saroya bought around 50k shares on-market at roughly ₹29.50 per share. This transaction amounted to 4.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹8.4m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹30.90, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 36x in the Retail Distributors industry in India. Total loss to shareholders of 8.7% over the past three years. New Risk • Nov 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 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. High level of non-cash earnings (29% accrual ratio). Revenue is less than US$1m (₹25m revenue, or US$297k). Market cap is less than US$10m (₹134.9m market cap, or US$1.62m). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Reported Earnings • Nov 17
Second quarter 2024 earnings released: EPS: ₹0.65 (vs ₹0.49 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.65 (up from ₹0.49 in 2Q 2023). Revenue: ₹7.40m (up 20% from 2Q 2023). Net income: ₹3.50m (up 31% from 2Q 2023). Profit margin: 47% (up from 43% 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 59% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annuncio • Nov 11
Osiajee Texfab Limited to Report Q2, 2024 Results on Nov 14, 2023 Osiajee Texfab Limited announced that they will report Q2, 2024 results on Nov 14, 2023 Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: ₹0.42 (vs ₹0.38 in 1Q 2023) First quarter 2024 results: EPS: ₹0.42 (up from ₹0.38 in 1Q 2023). Revenue: ₹5.89m (down 3.2% from 1Q 2023). Net income: ₹2.29m (up 13% from 1Q 2023). Profit margin: 39% (up from 33% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 03
Osiajee Texfab Limited to Report Q1, 2024 Results on Aug 09, 2023 Osiajee Texfab Limited announced that they will report Q1, 2024 results on Aug 09, 2023 Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹47.75, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 43x in the Retail Distributors industry in India. Total returns to shareholders of 45% over the past three years. New Risk • Jul 03
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (33% accrual ratio). Revenue is less than US$1m (₹24m revenue, or US$298k). Market cap is less than US$10m (₹296.6m market cap, or US$3.62m). Minor Risk Paying a dividend despite having no free cash flows. Recent Insider Transactions • Jun 13
MD & Executive Director recently bought ₹1.1m worth of stock On the 8th of June, Reema Saroya bought around 17k shares on-market at roughly ₹63.10 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹1.3m. Insiders have collectively bought ₹18m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jun 02
MD & Executive Director recently bought ₹1.3m worth of stock On the 30th of May, Reema Saroya bought around 21k shares on-market at roughly ₹62.72 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹2.1m. Insiders have collectively bought ₹17m more in shares than they have sold in the last 12 months. Reported Earnings • May 20
Full year 2023 earnings released: EPS: ₹2.07 (vs ₹1.31 in FY 2022) Full year 2023 results: EPS: ₹2.07 (up from ₹1.31 in FY 2022). Revenue: ₹24.5m (down 16% from FY 2022). Net income: ₹11.2m (up 58% from FY 2022). Profit margin: 46% (up from 24% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Annuncio • May 14
Osiajee Texfab Limited to Report Q4, 2023 Results on May 19, 2023 Osiajee Texfab Limited announced that they will report Q4, 2023 results on May 19, 2023 Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹57.84, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 28x in the Retail Distributors industry in India. Total returns to shareholders of 52% over the past three years. Recent Insider Transactions • Mar 08
MD & Executive Director recently bought ₹2.1m worth of stock On the 3rd of March, Reema Saroya bought around 45k shares on-market at roughly ₹46.33 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹16m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹48.67, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 25x in the Retail Distributors industry in India. Total returns to shareholders of 30% over the past three years. Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: ₹1.00 (vs ₹0.44 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.00 (up from ₹0.44 in 3Q 2022). Revenue: ₹7.07m (up 80% from 3Q 2022). Net income: ₹5.42m (up 126% from 3Q 2022). Profit margin: 77% (up from 61% 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 43% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 04
Osiajee Texfab Limited to Report Q3, 2023 Results on Feb 09, 2023 Osiajee Texfab Limited announced that they will report Q3, 2023 results on Feb 09, 2023 Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 18% share price gain to ₹47.30, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 36x in the Retail Distributors industry in India. Total returns to shareholders of 30% over the past three years. Recent Insider Transactions • Dec 26
MD & Executive Director recently bought ₹1.5m worth of stock On the 21st of December, Reema Saroya bought around 34k shares on-market at roughly ₹43.36 per share. This transaction amounted to 3.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹1.6m. Insiders have collectively bought ₹15m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Dec 03
MD & Executive Director recently bought ₹1.6m worth of stock On the 30th of November, Reema Saroya bought around 35k shares on-market at roughly ₹43.78 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹14m more in shares than they have sold in the last 12 months. Board Change • Nov 16
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Executive Director Mehul Modi is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Recent Insider Transactions • Nov 06
MD & Executive Director recently bought ₹1.5m worth of stock On the 4th of November, Reema Saroya bought around 34k shares on-market at roughly ₹44.98 per share. This transaction amounted to 3.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹2.2m. Insiders have collectively bought ₹11m more in shares than they have sold in the last 12 months. Annuncio • Oct 22
Osiajee Texfab Limited Announces Cessation of Dheeraj Kumar Mishra as an Independent Director Osiajee Texfab Limited announced that Mr. Dheeraj Kumar Mishra, ceased to be an Independent Director of the Company due to his consecutive absenteeism from all the meetings of the Board of Directors held during a period of twelve months. The period of twelve months is initiated from August 14, 2021 that is the first Board meeting from which Mr. Dheeraj Kumar Mishra became absent. Accordingly, the Board of Directors in its meeting held on October 20, 2022 took note of the Vacation of Office of Mr. Dheeraj Kumar Mishra under section 167(1)(b) of the Companies Act, 2013. Reported Earnings • Oct 21
Second quarter 2023 earnings released: EPS: ₹0.49 (vs ₹0.11 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.49 (up from ₹0.11 in 2Q 2022). Revenue: ₹6.19m (down 58% from 2Q 2022). Net income: ₹2.67m (up 335% from 2Q 2022). Profit margin: 43% (up from 4.2% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year. Annuncio • Oct 15
Osiajee Texfab Limited to Report Q2, 2023 Results on Oct 20, 2022 Osiajee Texfab Limited announced that they will report Q2, 2023 results at 3:00 PM, Indian Standard Time on Oct 20, 2022 Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹50.30, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 43x in the Retail Distributors industry in India. Total returns to shareholders of 54% over the past three years. Valuation Update With 7 Day Price Move • Sep 20
Investor sentiment improved over the past week After last week's 17% share price gain to ₹59.25, the stock trades at a trailing P/E ratio of 38.4x. Average trailing P/E is 45x in the Retail Distributors industry in India. Total returns to shareholders of 84% over the past three years. Annuncio • Sep 18
Osiajee Texfab Limited Appoints Ranjeet Singh Rana as an Independent Director Osiajee Texfab Limited announced that the members of the Company in their Annual General Meeting held on September 16, 2022, has approved the appointment of Mr. Ranjeet Singh Rana (DIN: 09675082), as an Independent Director of the Company with effect from July 21, 2022 to hold office for five consecutive years for a term upto July 20, 2027. Mr. Ranjeet Singh Rana has a Bachelor's degree in Commerce from the University of Himachal Pradesh. He possesses great analytical and management skills required for the business. He also has wide knowledge and experience in the field of management. Recent Insider Transactions • Sep 06
MD & Executive Director recently bought ₹1.1m worth of stock On the 30th of August, Reema Saroya bought around 22k shares on-market at roughly ₹49.20 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹2.2m. Insiders have collectively bought ₹12m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Aug 28
MD & Executive Director recently bought ₹2.2m worth of stock On the 26th of August, Reema Saroya bought around 44k shares on-market at roughly ₹49.09 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹10m more in shares than they have sold in the last 12 months. Annuncio • Aug 26
Osiajee Texfab Limited, Annual General Meeting, Sep 16, 2022 Osiajee Texfab Limited, Annual General Meeting, Sep 16, 2022, at 14:00 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 comprising Audited Balance Sheet the Statement of Profit & Loss along with Notes to Accounts and Cash Flow Statement appended thereto and Reports of the Board of directors and Statutory Auditors thereon; to receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2022 comprising Consolidated Audited Balance Sheet, the Consolidated Statement of Profit & Loss along with Notes to Accounts and Cash Flow Statement appended thereto and reports of the Statutory Auditors thereon; and to consider other matters. Recent Insider Transactions • Jul 30
MD & Executive Director recently bought ₹2.1m worth of stock On the 28th of July, Reema Saroya bought around 37k shares on-market at roughly ₹55.80 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹4.7m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹52.15, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 54x in the Retail Distributors industry in India. Total returns to shareholders of 78% over the past three years. Annuncio • Jul 22
Osiajee Texfab Limited Declares an Interim Dividend for the Financial Year 2022-23 The Board of Directors at its Board of Directors in its meeting held on July 21, 2022 declared an Interim Dividend at 1% that is INR 0.10 paisa per equity shares of INR 10 each for the Financial Year 2022-23. As per earlier intimation dated July 13, 2022, the record date for the payment of Interim Dividend is July 29, 2022. Reported Earnings • Jul 22
First quarter 2023 earnings released: EPS: ₹0.38 (vs ₹0.15 in 1Q 2022) First quarter 2023 results: EPS: ₹0.38 (up from ₹0.15 in 1Q 2022). Revenue: ₹6.09m (down 1.1% from 1Q 2022). Net income: ₹2.03m (up 157% from 1Q 2022). Profit margin: 33% (up from 13% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment improved over the past week After last week's 15% share price gain to ₹57.15, the stock trades at a trailing P/E ratio of 43.6x. Average trailing P/E is 55x in the Retail Distributors industry in India. Total returns to shareholders of 91% over the past three years. Annuncio • Jul 13
Osiajee Texfab Limited to Report Q4, 2022 Results on Jul 21, 2022 Osiajee Texfab Limited announced that they will report Q4, 2022 results on Jul 21, 2022 Recent Insider Transactions • Jul 01
MD & Executive Director recently bought ₹1.2m worth of stock On the 29th of June, Reema Saroya bought around 25k shares on-market at roughly ₹47.34 per share. In the last 3 months, they made an even bigger purchase worth ₹1.4m. Insiders have collectively bought ₹2.6m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jun 23
MD & Executive Director recently bought ₹1.4m worth of stock On the 20th of June, Reema Saroya bought around 30k shares on-market at roughly ₹46.93 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Jun 03
Full year 2022 earnings released: EPS: ₹1.31 (vs ₹0.74 in FY 2021) Full year 2022 results: EPS: ₹1.31 (up from ₹0.74 in FY 2021). Revenue: ₹29.9m (down 40% from FY 2021). Net income: ₹7.08m (up 78% from FY 2021). Profit margin: 24% (up from 8.1% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Annuncio • May 27
Osiajee Texfab Limited Announces Resignation of Dinesh Kumar as Chairman and Independent Director Osiajee Texfab Limited announced that Mr. Dinesh Kumar, Chairman and Independent Director of the Company has conveyed his intention to step down from the Board of the Company with effect from May 21, 2022. Reason of Resignation: Mr. Dinesh Kumar has stated in his letter dated May 21, 2022 that he has decided to step down from the post of Chairman and Independent Director of Osiajee Texfab Limited due to his personal reasons. Board Change • Apr 27
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. Non-Executive Independent Director Dheeraj Mishra is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annuncio • Feb 16
Osiajee Texfab Limited Announces Change in Designation of Dinesh Kumar to Chairman of the Board Osiajee Texfab Limited at Board of Directors meeting held on day of February 14, 2022 has designated Mr. Dinesh Kumar, Non- Executive and Independent Director as the Chairman of the Board effective February 14, 2022 upto the terms of his appointment as an Independent Director of the Company. He was appointed as Non-Executive Independent Director for a period of 5 years from June 30, 2021 to June 29, 2026 and in Board Meeting held on February 14, 2022, Mr. Dinesh Kumar is designated as Chairman of the Board. Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.44. Revenue: ₹3.92m (down 76% from 3Q 2021). Net income: ₹2.40m (up 104% from 3Q 2021). Profit margin: 61% (up from 7.4% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 65% per year, which means it is well ahead of earnings. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS ₹0.11 (vs ₹0.17 in 2Q 2021) The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: ₹14.7m (flat on 2Q 2021). Net income: ₹613.0k (down 33% from 2Q 2021). Profit margin: 4.2% (down from 6.2% in 2Q 2021). Board Change • Sep 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Rupanjeet Kaur was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Executive Departure • Aug 19
Independent Director Tanuraj Adhikari has left the company On the 7th of August, Tanuraj Adhikari's tenure as Independent Director ended after 2.3 years in the role. We don't have any record of a personal shareholding under Tanuraj's name. A total of 7 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Aug 19
Non-Executive Independent Director Abhishek Parashar has left the company On the 7th of August, Abhishek Parashar's tenure as Non-Executive Independent Director ended after 2.5 years in the role. We don't have any record of a personal shareholding under Abhishek's name. A total of 7 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹0.15 (vs ₹0.63 in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹6.15m (down 67% from 1Q 2021). Net income: ₹790.0k (down 77% from 1Q 2021). Profit margin: 13% (down from 18% in 1Q 2021). The decrease in margin was driven by lower revenue. Board Change • Jul 31
High number of new directors Non-Executive Non-Independent Director Vibha Jain was the last director to join the board, commencing their role in 2021. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improved over the past week After last week's 17% share price gain to ₹45.60, the stock trades at a trailing P/E ratio of 70.9x. Average trailing P/E is 21x in the Luxury industry in India. Total returns to shareholders of 297% over the past three years. Reported Earnings • Jul 04
Full year 2021 earnings released: EPS ₹0.074 (vs ₹0.51 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: ₹49.5m (up 493% from FY 2020). Net income: ₹3.98m (up 44% from FY 2020). Profit margin: 8.1% (down from 33% in FY 2020). The decrease in margin was driven by higher expenses. Executive Departure • Jun 14
Non-Executive Director Vidya Gawand has left the company On the 7th of June, Vidya Gawand's tenure as Non-Executive Director ended after 6.2 years in the role. We don't have any record of a personal shareholding under Vidya's name. A total of 6 executives have left over the last 12 months.