공시 • May 20
Nelcast Limited Recommends Dividend for the Financial Year 2025-26 Nelcast Limited announced that at the Board Meeting Held on May 18, 2026, The Board of Directors have recommended a dividend of 35% i.e., INR 0.70 per share of INR 2/- paid-up for the financial year 2025-26 subject To Approve the shareholders at the upcoming 44th AGM. The dividend, if approved by the members, will be paid within 30 days from the date of declaration at the upcoming Annual General Meeting. Declared Dividend • May 20
Dividend increased to ₹0.70 Dividend of ₹0.70 is 40% higher than last year. Ex-date: 20th July 2026 Payment date: 26th August 2026 Dividend yield will be 0.5%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 40% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 20
Full year 2026 earnings released: EPS: ₹5.57 (vs ₹4.29 in FY 2025) Full year 2026 results: EPS: ₹5.57 (up from ₹4.29 in FY 2025). Revenue: ₹13.4b (up 7.2% from FY 2025). Net income: ₹484.3m (up 30% from FY 2025). Profit margin: 3.6% (up from 3.0% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. 공시 • May 19
Nelcast Limited, Annual General Meeting, Jul 27, 2026 Nelcast Limited, Annual General Meeting, Jul 27, 2026. 공시 • May 02
Nelcast Limited to Report Q4, 2026 Results on May 18, 2026 Nelcast Limited announced that they will report Q4, 2026 results on May 18, 2026 Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹124, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 25% over the past three years. New Risk • Mar 08
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 9.1% 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 Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: ₹1.83 (vs ₹0.69 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.83 (up from ₹0.69 in 3Q 2025). Revenue: ₹3.32b (up 14% from 3Q 2025). Net income: ₹159.0m (up 166% from 3Q 2025). Profit margin: 4.8% (up from 2.1% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 10% per year. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹109, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 15% over the past three years. 공시 • Jan 19
Nelcast Limited to Report Q3, 2026 Results on Feb 09, 2026 Nelcast Limited announced that they will report Q3, 2026 results at 12:08 PM, Indian Standard Time on Feb 09, 2026 New Risk • Dec 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.87b (US$98.2m) This is considered a minor risk. Companies with a small market capitalization 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: 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 (7.4% average weekly change). Market cap is less than US$100m (₹8.87b market cap, or US$98.2m). Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: ₹0.55 (vs ₹1.13 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.55 (down from ₹1.13 in 2Q 2025). Revenue: ₹3.03b (down 8.3% from 2Q 2025). Net income: ₹47.6m (down 52% from 2Q 2025). Profit margin: 1.6% (down from 3.0% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year. New Risk • Oct 16
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 6.6% 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: 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 (6.6% average weekly change). Buy Or Sell Opportunity • Oct 16
Now 26% overvalued Over the last 90 days, the stock has fallen 16% to ₹124. The fair value is estimated to be ₹98.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 17%. 공시 • Oct 10
Nelcast Limited to Report Q2, 2026 Results on Oct 30, 2025 Nelcast Limited announced that they will report Q2, 2026 results on Oct 30, 2025 Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹166, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 148% over the past three years. Upcoming Dividend • Jul 18
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 25 July 2025. Payment date: 31 August 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (2.8%). 공시 • Jul 09
Nelcast Limited to Report Q1, 2026 Results on Jul 31, 2025 Nelcast Limited announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • Jul 05
Full year 2025 earnings released: EPS: ₹4.29 (vs ₹6.25 in FY 2024) Full year 2025 results: EPS: ₹4.29 (down from ₹6.25 in FY 2024). Revenue: ₹12.5b (down 1.2% from FY 2024). Net income: ₹372.9m (down 32% from FY 2024). Profit margin: 3.0% (down from 4.3% in FY 2024). Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 30% per year. Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Non-Executive Independent Chairman Vinod Dasari was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • May 16
Dividend of ₹0.50 announced Shareholders will receive a dividend of ₹0.50. Ex-date: 25th July 2025 Payment date: 31st August 2025 Dividend yield will be 0.4%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (6% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. 공시 • May 15
Nelcast Limited, Annual General Meeting, Aug 01, 2025 Nelcast Limited, Annual General Meeting, Aug 01, 2025. Reported Earnings • May 15
Full year 2025 earnings released: EPS: ₹4.29 (vs ₹6.25 in FY 2024) Full year 2025 results: EPS: ₹4.29 (down from ₹6.25 in FY 2024). Revenue: ₹12.7b (flat on FY 2024). Net income: ₹372.9m (down 32% from FY 2024). Profit margin: 2.9% (down from 4.3% in FY 2024). Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 30% per year. New Risk • May 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 8.1% 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 Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.1% average weekly change). Profit margins are more than 30% lower than last year (2.4% net profit margin). Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹100, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 68% over the past three years. 공시 • Apr 28
Nelcast Limited to Report Q4, 2025 Results on May 14, 2025 Nelcast Limited announced that they will report Q4, 2025 results on May 14, 2025 Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹92.25, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹87.36, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 19x in the Metals and Mining industry in India. Total returns to shareholders of 45% over the past three years. New Risk • Feb 28
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.31b (US$95.0m) This is considered a minor risk. Companies with a small market capitalization 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 Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (₹8.31b market cap, or US$95.0m). Reported Earnings • Jan 31
Third quarter 2025 earnings released: EPS: ₹0.69 (vs ₹2.93 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.69 (down from ₹2.93 in 3Q 2024). Revenue: ₹2.97b (down 7.3% from 3Q 2024). Net income: ₹59.8m (down 77% from 3Q 2024). Profit margin: 2.0% (down from 8.0% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. 공시 • Jan 30
Nelcast Limited Announces Board Changes Nelcast Limited at its board meeting held on 30 January 2025, announced Mr. D. Sesha Reddy stepped down from the position of the Chairman and the board elected Mr. Vinod K Dasari, Independent Director as Chairman of the board with immediate effect. 공시 • Jan 11
Nelcast Limited to Report Q3, 2025 Results on Jan 30, 2025 Nelcast Limited announced that they will report Q3, 2025 results on Jan 30, 2025 Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: ₹1.13 (vs ₹1.91 in 2Q 2024) Second quarter 2025 results: EPS: ₹1.13 (down from ₹1.91 in 2Q 2024). Revenue: ₹3.35b (down 6.5% from 2Q 2024). Net income: ₹98.2m (down 41% from 2Q 2024). Profit margin: 2.9% (down from 4.6% in 2Q 2024). 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 13% per year, which means it is significantly lagging earnings growth. 공시 • Oct 17
Nelcast Limited to Report Q2, 2025 Results on Nov 07, 2024 Nelcast Limited announced that they will report Q2, 2025 results on Nov 07, 2024 Upcoming Dividend • Jul 11
Upcoming dividend of ₹0.40 per share Eligible shareholders must have bought the stock before 18 July 2024. Payment date: 24 August 2024. Payout ratio is a comfortable 6.4% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (1.5%). 공시 • Jul 09
Nelcast Limited to Report Q1, 2025 Results on Jul 26, 2024 Nelcast Limited announced that they will report Q1, 2025 results on Jul 26, 2024 Reported Earnings • Jul 02
Full year 2024 earnings released: EPS: ₹6.25 (vs ₹3.42 in FY 2023) Full year 2024 results: EPS: ₹6.25 (up from ₹3.42 in FY 2023). Revenue: ₹12.7b (flat on FY 2023). Net income: ₹544.1m (up 83% from FY 2023). Profit margin: 4.3% (up from 2.4% in FY 2023). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. 공시 • May 16
Nelcast Limited, Annual General Meeting, Jul 25, 2024 Nelcast Limited, Annual General Meeting, Jul 25, 2024. Declared Dividend • May 15
Dividend of ₹0.40 announced Shareholders will receive a dividend of ₹0.40. Ex-date: 18th July 2024 Payment date: 24th August 2024 Dividend yield will be 0.3%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (12% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 7.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 14
Full year 2024 earnings released: EPS: ₹6.25 (vs ₹3.42 in FY 2023) Full year 2024 results: EPS: ₹6.25 (up from ₹3.42 in FY 2023). Revenue: ₹12.8b (up 1.4% from FY 2023). Net income: ₹544.1m (up 83% from FY 2023). Profit margin: 4.2% (up from 2.4% in FY 2023). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. New Risk • Jan 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Large one-off items impacting financial results. Reported Earnings • Jan 30
Third quarter 2024 earnings released: EPS: ₹2.93 (vs ₹0.61 in 3Q 2023) Third quarter 2024 results: EPS: ₹2.93 (up from ₹0.61 in 3Q 2023). Revenue: ₹3.23b (down 1.2% from 3Q 2023). Net income: ₹255.3m (up 379% from 3Q 2023). Profit margin: 7.9% (up from 1.6% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 32% per year. 공시 • Jan 13
Nelcast Limited to Report Q3, 2024 Results on Jan 29, 2024 Nelcast Limited announced that they will report Q3, 2024 results on Jan 29, 2024 Reported Earnings • Nov 01
Second quarter 2024 earnings released: EPS: ₹1.91 (vs ₹1.40 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.91 (up from ₹1.40 in 2Q 2023). Revenue: ₹3.63b (up 10% from 2Q 2023). Net income: ₹166.4m (up 37% from 2Q 2023). Profit margin: 4.6% (up from 3.7% 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 23% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Oct 17
Nelcast Limited to Report Q2, 2024 Results on Oct 30, 2023 Nelcast Limited announced that they will report Q2, 2024 results on Oct 30, 2023 Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹147, the stock trades at a trailing P/E ratio of 43.7x. Average trailing P/E is 19x in the Metals and Mining industry in India. Total returns to shareholders of 156% over the past three years. Upcoming Dividend • Jul 21
Upcoming dividend of ₹0.40 per share at 0.4% yield Eligible shareholders must have bought the stock before 28 July 2023. Payment date: 03 September 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (7.5%). Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹109, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 114% over the past three years. 공시 • Jul 18
Nelcast Limited to Report Q1, 2023 Results on Aug 02, 2023 Nelcast Limited announced that they will report Q1, 2023 results on Aug 02, 2023 Reported Earnings • Jul 12
Full year 2023 earnings released: EPS: ₹3.42 (vs ₹1.64 in FY 2022) Full year 2023 results: EPS: ₹3.42 (up from ₹1.64 in FY 2022). Revenue: ₹12.6b (up 36% from FY 2022). Net income: ₹297.4m (up 109% from FY 2022). Profit margin: 2.4% (up from 1.5% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. 공시 • May 20
Nelcast Limited Recommends Dividend for the Financial Year 2022-23 Nelcast Limited at its board meeting held on May 18, 2023 recommended a dividend of 20% or INR 0.40 per share of INR 2 paid-up for the financial year 2022-23 subject To Approve the shareholders at the upcoming 41st AGM. The dividend, if approved by the members, will be paid within 30 days from the date of declaration at the upcoming Annual General Meeting. 공시 • May 19
Nelcast Limited, Annual General Meeting, Aug 04, 2023 Nelcast Limited, Annual General Meeting, Aug 04, 2023. Agenda: To consider and approve dividend; and to discuss other matters. Reported Earnings • May 19
Full year 2023 earnings released: EPS: ₹3.42 (vs ₹1.64 in FY 2022) Full year 2023 results: EPS: ₹3.42 (up from ₹1.64 in FY 2022). Revenue: ₹12.8b (up 38% from FY 2022). Net income: ₹297.4m (up 109% from FY 2022). Profit margin: 2.3% (up from 1.5% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improved over the past week After last week's 19% share price gain to ₹104, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 106% over the past three years. Reported Earnings • Nov 03
Second quarter 2023 earnings released: EPS: ₹1.40 (vs ₹0.39 in 2Q 2022) Second quarter 2023 results: EPS: ₹1.40 (up from ₹0.39 in 2Q 2022). Revenue: ₹3.32b (up 39% from 2Q 2022). Net income: ₹121.5m (up 261% from 2Q 2022). Profit margin: 3.7% (up from 1.4% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Upcoming Dividend • Jul 19
Upcoming dividend of ₹0.30 per share Eligible shareholders must have bought the stock before 26 July 2022. Payment date: 02 September 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.8%). Lower than average of industry peers (6.6%). Reported Earnings • Jul 13
Full year 2022 earnings released: EPS: ₹1.64 (vs ₹1.04 in FY 2021) Full year 2022 results: EPS: ₹1.64 (up from ₹1.04 in FY 2021). Revenue: ₹9.27b (up 51% from FY 2021). Net income: ₹142.2m (up 57% from FY 2021). Profit margin: 1.5% (in line with FY 2021). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improved over the past week After last week's 16% share price gain to ₹67.70, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 51% over the past three years. Reported Earnings • May 25
Full year 2022 earnings released: EPS: ₹1.64 (vs ₹1.04 in FY 2021) Full year 2022 results: EPS: ₹1.64 (up from ₹1.04 in FY 2021). Revenue: ₹9.37b (up 52% from FY 2021). Net income: ₹142.2m (up 57% from FY 2021). Profit margin: 1.5% (in line with FY 2021). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 16% share price gain to ₹68.40, the stock trades at a trailing P/E ratio of 42.7x. Average trailing P/E is 14x in the Metals and Mining industry in India. Negligible returns to shareholders over past three years. Reported Earnings • Feb 03
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.24 (down from ₹0.71 in 3Q 2021). Revenue: ₹2.37b (up 28% from 3Q 2021). Net income: ₹20.8m (down 66% from 3Q 2021). Profit margin: 0.9% (down from 3.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Nov 04
Second quarter 2022 earnings released: EPS ₹0.39 (vs ₹0.54 in 2Q 2021) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹2.42b (up 74% from 2Q 2021). Net income: ₹33.6m (down 28% from 2Q 2021). Profit margin: 1.4% (down from 3.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 15% share price gain to ₹92.50, the stock trades at a trailing P/E ratio of 41.2x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹77.95, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total loss to shareholders of 6.5% over the past three years. Upcoming Dividend • Jul 23
Upcoming dividend of ₹0.20 per share Eligible shareholders must have bought the stock before 30 July 2021. Payment date: 08 September 2021. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (2.6%). Reported Earnings • Jul 16
Full year 2021 earnings released: EPS ₹1.04 (vs ₹4.14 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: ₹6.15b (up 7.7% from FY 2020). Net income: ₹90.4m (down 75% from FY 2020). Profit margin: 1.5% (down from 6.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Recent Insider Transactions • Jun 12
MD, CEO & Non-Independent Director recently bought ₹1.5m worth of stock On the 9th of June, P. Deepak bought around 20k shares on-market at roughly ₹75.72 per share. This was the largest purchase by an insider in the last 3 months. P. has been a buyer over the last 12 months, purchasing a net total of ₹1.9m worth in shares. Reported Earnings • Jun 03
Full year 2021 earnings released: EPS ₹1.04 (vs ₹4.14 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: ₹6.11b (up 7.0% from FY 2020). Net income: ₹90.4m (down 75% from FY 2020). Profit margin: 1.5% (down from 6.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.