View Future GrowthPIM 過去の業績過去 基準チェック /26PIMは、平均年間7.1%の収益成長を遂げていますが、 Packaging業界の収益は、年間 成長しています。収益は、平均年間25.6% 7.8%収益成長率で 成長しています。 PIMの自己資本利益率は5.7%であり、純利益率は2%です。主要情報7.11%収益成長率7.17%EPS成長率Packaging 業界の成長9.45%収益成長率7.78%株主資本利益率5.67%ネット・マージン2.02%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • Nov 12First quarter 2025 earnings released: EPS: MU₨6.19 (vs MU₨3.07 in 1Q 2024)First quarter 2025 results: EPS: MU₨6.19 (up from MU₨3.07 in 1Q 2024). Revenue: MU₨102.0m (up 23% from 1Q 2024). Net income: MU₨12.4m (up 101% from 1Q 2024). Profit margin: 12% (up from 7.4% 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 35% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Sep 21Full year 2024 earnings released: EPS: MU₨12.24 (vs MU₨6.08 in FY 2023)Full year 2024 results: EPS: MU₨12.24 (up from MU₨6.08 in FY 2023). Revenue: MU₨359.5m (up 15% from FY 2023). Net income: MU₨24.5m (up 101% from FY 2023). Profit margin: 6.8% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • May 05Third quarter 2024 earnings released: EPS: MU₨2.99 (vs MU₨0.54 loss in 3Q 2023)Third quarter 2024 results: EPS: MU₨2.99 (up from MU₨0.54 loss in 3Q 2023). Revenue: MU₨84.2m (up 27% from 3Q 2023). Net income: MU₨5.98m (up MU₨7.05m from 3Q 2023). Profit margin: 7.1% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 14Second quarter 2024 earnings released: EPS: MU₨4.81 (vs MU₨3.77 in 2Q 2023)Second quarter 2024 results: EPS: MU₨4.81 (up from MU₨3.77 in 2Q 2023). Revenue: MU₨98.5m (up 5.3% from 2Q 2023). Net income: MU₨9.62m (up 27% from 2Q 2023). Profit margin: 9.8% (up from 8.1% 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 30% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 12First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: MU₨83.3m (up 2.2% from 1Q 2023). Net income: MU₨6.15m (up 7.8% from 1Q 2023). Profit margin: 7.4% (up from 7.0% in 1Q 2023). The increase in margin was driven by higher revenue.Reported Earnings • Sep 23Full year 2023 earnings releasedFull year 2023 results: Revenue: MU₨312.3m (up 6.5% from FY 2022). Net income: MU₨12.2m (up 51% from FY 2022). Profit margin: 3.9% (up from 2.7% in FY 2022). The increase in margin was driven by higher revenue.すべての更新を表示Recent updatesBoard Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Marie Nicolas Merven was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 12First quarter 2025 earnings released: EPS: MU₨6.19 (vs MU₨3.07 in 1Q 2024)First quarter 2025 results: EPS: MU₨6.19 (up from MU₨3.07 in 1Q 2024). Revenue: MU₨102.0m (up 23% from 1Q 2024). Net income: MU₨12.4m (up 101% from 1Q 2024). Profit margin: 12% (up from 7.4% 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 35% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Declared Dividend • Nov 11Final dividend of MU₨1.50 announcedShareholders will receive a dividend of MU₨1.50. Ex-date: 22nd November 2024 Payment date: 16th December 2024 Dividend yield will be 9.7%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 45% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Sep 21Full year 2024 earnings released: EPS: MU₨12.24 (vs MU₨6.08 in FY 2023)Full year 2024 results: EPS: MU₨12.24 (up from MU₨6.08 in FY 2023). Revenue: MU₨359.5m (up 15% from FY 2023). Net income: MU₨24.5m (up 101% from FY 2023). Profit margin: 6.8% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Upcoming Dividend • May 10Upcoming dividend of MU₨2.50 per shareEligible shareholders must have bought the stock before 17 May 2024. Payment date: 15 July 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 8.8%. Within top quartile of Mauritian dividend payers (6.0%). Higher than average of industry peers (6.9%).New Risk • May 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Mauritian stocks, typically moving 5.0% 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 (MU₨70.0m market cap, or US$1.51m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.0% average weekly change).Reported Earnings • May 05Third quarter 2024 earnings released: EPS: MU₨2.99 (vs MU₨0.54 loss in 3Q 2023)Third quarter 2024 results: EPS: MU₨2.99 (up from MU₨0.54 loss in 3Q 2023). Revenue: MU₨84.2m (up 27% from 3Q 2023). Net income: MU₨5.98m (up MU₨7.05m from 3Q 2023). Profit margin: 7.1% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 14Second quarter 2024 earnings released: EPS: MU₨4.81 (vs MU₨3.77 in 2Q 2023)Second quarter 2024 results: EPS: MU₨4.81 (up from MU₨3.77 in 2Q 2023). Revenue: MU₨98.5m (up 5.3% from 2Q 2023). Net income: MU₨9.62m (up 27% from 2Q 2023). Profit margin: 9.8% (up from 8.1% 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 30% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • Nov 13PIM Limited, Annual General Meeting, Nov 30, 2023PIM Limited, Annual General Meeting, Nov 30, 2023, at 06:00 Coordinated Universal Time. Location: MOROIL, Quay Road Port Louis Mauritius Agenda: To approve the minutes of the Annual Meeting of shareholders held on 1st December 2022; to receive and consider the Annual Report 2023 of the Company; to consider and adopt the audited financial statements (including the auditors' report) of the Company for the year ended 30th June 2023; tore-elect the directors;.Reported Earnings • Nov 12First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: MU₨83.3m (up 2.2% from 1Q 2023). Net income: MU₨6.15m (up 7.8% from 1Q 2023). Profit margin: 7.4% (up from 7.0% in 1Q 2023). The increase in margin was driven by higher revenue.Reported Earnings • Sep 23Full year 2023 earnings releasedFull year 2023 results: Revenue: MU₨312.3m (up 6.5% from FY 2022). Net income: MU₨12.2m (up 51% from FY 2022). Profit margin: 3.9% (up from 2.7% in FY 2022). The increase in margin was driven by higher revenue.New Risk • Aug 07New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 189% The company is paying a dividend despite having no free cash flows. Dividend yield: 8.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 189% Paying a dividend despite having no free cash flows. Market cap is less than US$10m (MU₨82.0m market cap, or US$1.81m). Minor Risk Profit margins are more than 30% lower than last year (1.7% net profit margin).Upcoming Dividend • Jun 26Upcoming dividend of MU₨2.00 per share at 8.1% yieldEligible shareholders must have bought the stock before 03 July 2023. Payment date: 31 July 2023. Trailing yield: 8.1%. Within top quartile of Mauritian dividend payers (6.3%). Higher than average of industry peers (5.7%).Reported Earnings • May 06Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: MU₨66.5m (up 4.2% from 3Q 2022). Net loss: MU₨1.08m (loss widened 54% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 09Second quarter 2023 earnings released: EPS: MU₨3.77 (vs MU₨3.84 in 2Q 2022)Second quarter 2023 results: EPS: MU₨3.77 (down from MU₨3.84 in 2Q 2022). Revenue: MU₨93.5m (up 19% from 2Q 2022). Net income: MU₨7.55m (down 1.7% from 2Q 2022). Profit margin: 8.1% (down from 9.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Upcoming Dividend • Dec 14Upcoming dividend of MU₨1.50 per shareEligible shareholders must have bought the stock before 21 December 2022. Payment date: 16 January 2023. Trailing yield: 7.5%. Within top quartile of Mauritian dividend payers (5.0%). Higher than average of industry peers (4.8%).Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. 2 independent directors (5 non-independent directors). Non-Executive and Independent Director Mushtaq Mohamed O. Oosman was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Sep 23Full year 2022 earnings released: EPS: MU₨4.02 (vs MU₨3.10 in FY 2021)Full year 2022 results: EPS: MU₨4.02 (up from MU₨3.10 in FY 2021). Revenue: MU₨293.4m (up 25% from FY 2021). Net income: MU₨8.04m (up 30% from FY 2021). Profit margin: 2.7% (up from 2.6% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Upcoming Dividend • May 26Upcoming dividend of MU₨2.00 per shareEligible shareholders must have bought the stock before 02 June 2022. Payment date: 30 June 2022. The company last paid an ordinary dividend in September 2011. The average dividend yield among industry peers is 3.5%.お知らせ • May 20Pim Limited Declare A Final Dividend of the Year Ending 30Th June 2022, Payable on or About 30Th June 2022PIM Limited declared a final dividend of MUR 2.00 per share to all shareholders registered at the close of business on 6th June 2022, in respect of the year ending 30th June 2022. The dividend will be paid on or about 30th June 2022.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Non-Executive and Independent Director Mushtaq Mohamed O. Oosman was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Feb 16Second quarter 2022 earnings: Revenues in line with analyst expectationsSecond quarter 2022 results: Revenue: MU₨78.5m (up 25% from 2Q 2021). Net income: MU₨7.68m (up 123% from 2Q 2021). Profit margin: 9.8% (up from 5.5% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Upcoming Dividend • Nov 24Inaugural dividend of MU₨1.50 per shareEligible shareholders must have bought the stock before 01 December 2021. Payment date: 15 December 2021. The company last paid an ordinary dividend in November 2019. The average dividend yield among industry peers is 2.2%.Reported Earnings • Nov 19First quarter 2022 earnings released: EPS MU₨3.98 (vs MU₨1.47 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: MU₨75.7m (up 28% from 1Q 2021). Net income: MU₨7.95m (up 171% from 1Q 2021). Profit margin: 11% (up from 5.0% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Nov 28New 90-day low: MU₨52.00The company is down 4.0% from its price of MU₨54.00 on 28 August 2020. The Mauritian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 17% over the same period.お知らせ • Nov 13PIM Limited, Annual General Meeting, Dec 10, 2020PIM Limited, Annual General Meeting, Dec 10, 2020, at 06:30 Coordinated Universal Time. Location: MOROIL, Quay Road Port Louis Mauritius Agenda: To approve the minutes of the annual meeting of shareholders held on 5 December 2019. to approve the minutes of the special meeting of shareholders held on 9 September 2020; to receive and consider the annual report 2020 of the company; to consider and adopt the audited financial statements (including the auditors' report) of the company for the year ended 30 June 2020; to ratify the dividend paid to the company's shareholders during the financial year 2019; to re-elect the following directors; to determine the fees of the non-executive directors for their services as directors; to appoint Deloitte as the independent auditor of the company for the financial year ending 30 June 2021, until the conclusion of the company's next AGM; and to determine the remuneration of the independent auditor.収支内訳PIM の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史MUSE:PIM.N0000 収益、費用、利益 ( )MUR Millions日付収益収益G+A経費研究開発費31 Mar 26335768031 Dec 25330268030 Sep 25334568030 Jun 25341668031 Mar 253601665031 Dec 243752965030 Sep 243783065030 Jun 243592465031 Mar 243372257031 Dec 233191557030 Sep 233141357030 Jun 233121257031 Mar 23317548031 Dec 22314648030 Sep 22299648030 Jun 22293848031 Mar 222821747031 Dec 212671547030 Sep 212511147030 Jun 21235647031 Mar 2120840031 Dec 20202-142030 Sep 2021220030 Jun 20217442031 Mar 2024270031 Dec 1925190030 Sep 1924560030 Jun 1923940031 Mar 1923640031 Dec 1823150030 Sep 18232110030 Jun 18228100031 Mar 18218100031 Dec 1721460030 Sep 1721240030 Jun 1720830031 Mar 1721260031 Dec 16224110030 Sep 1622380030 Jun 16236110031 Mar 1623580031 Dec 1522990030 Sep 15235110030 Jun 152341400質の高い収益: PIM.N0000は 高品質の収益 を持っています。利益率の向上: PIM.N0000の現在の純利益率 (2%)は、昨年(4.5%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: PIM.N0000の収益は過去 5 年間で年間7.1%増加しました。成長の加速: PIM.N0000は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: PIM.N0000は過去 1 年間で収益成長率がマイナス ( -58% ) となったため、 Packaging業界平均 ( 10.3% ) と比較することが困難です。株主資本利益率高いROE: PIM.N0000の 自己資本利益率 ( 5.7% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/25 10:04終値2026/06/25 00:00収益2026/03/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋PIM Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • Nov 12First quarter 2025 earnings released: EPS: MU₨6.19 (vs MU₨3.07 in 1Q 2024)First quarter 2025 results: EPS: MU₨6.19 (up from MU₨3.07 in 1Q 2024). Revenue: MU₨102.0m (up 23% from 1Q 2024). Net income: MU₨12.4m (up 101% from 1Q 2024). Profit margin: 12% (up from 7.4% 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 35% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Sep 21Full year 2024 earnings released: EPS: MU₨12.24 (vs MU₨6.08 in FY 2023)Full year 2024 results: EPS: MU₨12.24 (up from MU₨6.08 in FY 2023). Revenue: MU₨359.5m (up 15% from FY 2023). Net income: MU₨24.5m (up 101% from FY 2023). Profit margin: 6.8% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • May 05Third quarter 2024 earnings released: EPS: MU₨2.99 (vs MU₨0.54 loss in 3Q 2023)Third quarter 2024 results: EPS: MU₨2.99 (up from MU₨0.54 loss in 3Q 2023). Revenue: MU₨84.2m (up 27% from 3Q 2023). Net income: MU₨5.98m (up MU₨7.05m from 3Q 2023). Profit margin: 7.1% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 14Second quarter 2024 earnings released: EPS: MU₨4.81 (vs MU₨3.77 in 2Q 2023)Second quarter 2024 results: EPS: MU₨4.81 (up from MU₨3.77 in 2Q 2023). Revenue: MU₨98.5m (up 5.3% from 2Q 2023). Net income: MU₨9.62m (up 27% from 2Q 2023). Profit margin: 9.8% (up from 8.1% 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 30% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 12First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: MU₨83.3m (up 2.2% from 1Q 2023). Net income: MU₨6.15m (up 7.8% from 1Q 2023). Profit margin: 7.4% (up from 7.0% in 1Q 2023). The increase in margin was driven by higher revenue.
Reported Earnings • Sep 23Full year 2023 earnings releasedFull year 2023 results: Revenue: MU₨312.3m (up 6.5% from FY 2022). Net income: MU₨12.2m (up 51% from FY 2022). Profit margin: 3.9% (up from 2.7% in FY 2022). The increase in margin was driven by higher revenue.
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Marie Nicolas Merven was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 12First quarter 2025 earnings released: EPS: MU₨6.19 (vs MU₨3.07 in 1Q 2024)First quarter 2025 results: EPS: MU₨6.19 (up from MU₨3.07 in 1Q 2024). Revenue: MU₨102.0m (up 23% from 1Q 2024). Net income: MU₨12.4m (up 101% from 1Q 2024). Profit margin: 12% (up from 7.4% 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 35% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Declared Dividend • Nov 11Final dividend of MU₨1.50 announcedShareholders will receive a dividend of MU₨1.50. Ex-date: 22nd November 2024 Payment date: 16th December 2024 Dividend yield will be 9.7%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 45% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Sep 21Full year 2024 earnings released: EPS: MU₨12.24 (vs MU₨6.08 in FY 2023)Full year 2024 results: EPS: MU₨12.24 (up from MU₨6.08 in FY 2023). Revenue: MU₨359.5m (up 15% from FY 2023). Net income: MU₨24.5m (up 101% from FY 2023). Profit margin: 6.8% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Upcoming Dividend • May 10Upcoming dividend of MU₨2.50 per shareEligible shareholders must have bought the stock before 17 May 2024. Payment date: 15 July 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 8.8%. Within top quartile of Mauritian dividend payers (6.0%). Higher than average of industry peers (6.9%).
New Risk • May 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Mauritian stocks, typically moving 5.0% 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 (MU₨70.0m market cap, or US$1.51m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.0% average weekly change).
Reported Earnings • May 05Third quarter 2024 earnings released: EPS: MU₨2.99 (vs MU₨0.54 loss in 3Q 2023)Third quarter 2024 results: EPS: MU₨2.99 (up from MU₨0.54 loss in 3Q 2023). Revenue: MU₨84.2m (up 27% from 3Q 2023). Net income: MU₨5.98m (up MU₨7.05m from 3Q 2023). Profit margin: 7.1% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 14Second quarter 2024 earnings released: EPS: MU₨4.81 (vs MU₨3.77 in 2Q 2023)Second quarter 2024 results: EPS: MU₨4.81 (up from MU₨3.77 in 2Q 2023). Revenue: MU₨98.5m (up 5.3% from 2Q 2023). Net income: MU₨9.62m (up 27% from 2Q 2023). Profit margin: 9.8% (up from 8.1% 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 30% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • Nov 13PIM Limited, Annual General Meeting, Nov 30, 2023PIM Limited, Annual General Meeting, Nov 30, 2023, at 06:00 Coordinated Universal Time. Location: MOROIL, Quay Road Port Louis Mauritius Agenda: To approve the minutes of the Annual Meeting of shareholders held on 1st December 2022; to receive and consider the Annual Report 2023 of the Company; to consider and adopt the audited financial statements (including the auditors' report) of the Company for the year ended 30th June 2023; tore-elect the directors;.
Reported Earnings • Nov 12First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: MU₨83.3m (up 2.2% from 1Q 2023). Net income: MU₨6.15m (up 7.8% from 1Q 2023). Profit margin: 7.4% (up from 7.0% in 1Q 2023). The increase in margin was driven by higher revenue.
Reported Earnings • Sep 23Full year 2023 earnings releasedFull year 2023 results: Revenue: MU₨312.3m (up 6.5% from FY 2022). Net income: MU₨12.2m (up 51% from FY 2022). Profit margin: 3.9% (up from 2.7% in FY 2022). The increase in margin was driven by higher revenue.
New Risk • Aug 07New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 189% The company is paying a dividend despite having no free cash flows. Dividend yield: 8.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 189% Paying a dividend despite having no free cash flows. Market cap is less than US$10m (MU₨82.0m market cap, or US$1.81m). Minor Risk Profit margins are more than 30% lower than last year (1.7% net profit margin).
Upcoming Dividend • Jun 26Upcoming dividend of MU₨2.00 per share at 8.1% yieldEligible shareholders must have bought the stock before 03 July 2023. Payment date: 31 July 2023. Trailing yield: 8.1%. Within top quartile of Mauritian dividend payers (6.3%). Higher than average of industry peers (5.7%).
Reported Earnings • May 06Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: MU₨66.5m (up 4.2% from 3Q 2022). Net loss: MU₨1.08m (loss widened 54% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 09Second quarter 2023 earnings released: EPS: MU₨3.77 (vs MU₨3.84 in 2Q 2022)Second quarter 2023 results: EPS: MU₨3.77 (down from MU₨3.84 in 2Q 2022). Revenue: MU₨93.5m (up 19% from 2Q 2022). Net income: MU₨7.55m (down 1.7% from 2Q 2022). Profit margin: 8.1% (down from 9.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Dec 14Upcoming dividend of MU₨1.50 per shareEligible shareholders must have bought the stock before 21 December 2022. Payment date: 16 January 2023. Trailing yield: 7.5%. Within top quartile of Mauritian dividend payers (5.0%). Higher than average of industry peers (4.8%).
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. 2 independent directors (5 non-independent directors). Non-Executive and Independent Director Mushtaq Mohamed O. Oosman was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Sep 23Full year 2022 earnings released: EPS: MU₨4.02 (vs MU₨3.10 in FY 2021)Full year 2022 results: EPS: MU₨4.02 (up from MU₨3.10 in FY 2021). Revenue: MU₨293.4m (up 25% from FY 2021). Net income: MU₨8.04m (up 30% from FY 2021). Profit margin: 2.7% (up from 2.6% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Upcoming Dividend • May 26Upcoming dividend of MU₨2.00 per shareEligible shareholders must have bought the stock before 02 June 2022. Payment date: 30 June 2022. The company last paid an ordinary dividend in September 2011. The average dividend yield among industry peers is 3.5%.
お知らせ • May 20Pim Limited Declare A Final Dividend of the Year Ending 30Th June 2022, Payable on or About 30Th June 2022PIM Limited declared a final dividend of MUR 2.00 per share to all shareholders registered at the close of business on 6th June 2022, in respect of the year ending 30th June 2022. The dividend will be paid on or about 30th June 2022.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Non-Executive and Independent Director Mushtaq Mohamed O. Oosman was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Feb 16Second quarter 2022 earnings: Revenues in line with analyst expectationsSecond quarter 2022 results: Revenue: MU₨78.5m (up 25% from 2Q 2021). Net income: MU₨7.68m (up 123% from 2Q 2021). Profit margin: 9.8% (up from 5.5% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Nov 24Inaugural dividend of MU₨1.50 per shareEligible shareholders must have bought the stock before 01 December 2021. Payment date: 15 December 2021. The company last paid an ordinary dividend in November 2019. The average dividend yield among industry peers is 2.2%.
Reported Earnings • Nov 19First quarter 2022 earnings released: EPS MU₨3.98 (vs MU₨1.47 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: MU₨75.7m (up 28% from 1Q 2021). Net income: MU₨7.95m (up 171% from 1Q 2021). Profit margin: 11% (up from 5.0% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Nov 28New 90-day low: MU₨52.00The company is down 4.0% from its price of MU₨54.00 on 28 August 2020. The Mauritian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 17% over the same period.
お知らせ • Nov 13PIM Limited, Annual General Meeting, Dec 10, 2020PIM Limited, Annual General Meeting, Dec 10, 2020, at 06:30 Coordinated Universal Time. Location: MOROIL, Quay Road Port Louis Mauritius Agenda: To approve the minutes of the annual meeting of shareholders held on 5 December 2019. to approve the minutes of the special meeting of shareholders held on 9 September 2020; to receive and consider the annual report 2020 of the company; to consider and adopt the audited financial statements (including the auditors' report) of the company for the year ended 30 June 2020; to ratify the dividend paid to the company's shareholders during the financial year 2019; to re-elect the following directors; to determine the fees of the non-executive directors for their services as directors; to appoint Deloitte as the independent auditor of the company for the financial year ending 30 June 2021, until the conclusion of the company's next AGM; and to determine the remuneration of the independent auditor.