View Future GrowthCIEL 과거 순이익 실적과거 기준 점검 2/6CIEL은 연평균 16.3%의 비율로 수입이 증가해 온 반면, Luxury 산업은 수입이 38.3% 증가했습니다. 매출은 연평균 13.7%의 비율로 증가했습니다. CIEL의 자기자본이익률은 10.2%이고 순이익률은 5%입니다.핵심 정보16.30%순이익 성장률16.21%주당순이익(EPS) 성장률Luxury 산업 성장률13.83%매출 성장률13.65%자기자본이익률10.23%순이익률4.95%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 20Third quarter 2026 earnings released: EPS: MU₨0.16 (vs MU₨0.25 in 3Q 2025)Third quarter 2026 results: EPS: MU₨0.16 (down from MU₨0.25 in 3Q 2025). Revenue: MU₨9.24b (up 1.6% from 3Q 2025). Net income: MU₨275.0m (down 36% from 3Q 2025). Profit margin: 3.0% (down from 4.7% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Reported Earnings • Nov 17First quarter 2025 earnings released: EPS: MU₨269 (vs MU₨0.35 in 1Q 2024)First quarter 2025 results: EPS: MU₨269. Revenue: MU₨8.79b (flat on 1Q 2024). Net income: MU₨455.5m (down 22% from 1Q 2024). Profit margin: 5.2% (down from 6.6% in 1Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Global Luxury industry.Reported Earnings • Oct 02Full year 2024 earnings released: EPS: MU₨1.66 (vs MU₨1.57 in FY 2023)Full year 2024 results: EPS: MU₨1.66 (up from MU₨1.57 in FY 2023). Revenue: MU₨35.2b (flat on FY 2023). Net income: MU₨2.81b (up 5.8% from FY 2023). Profit margin: 8.0% (up from 7.5% in FY 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Global Luxury industry. 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 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 17Third quarter 2024 earnings released: EPS: MU₨0.32 (vs MU₨0.28 in 3Q 2023)Third quarter 2024 results: EPS: MU₨0.32 (up from MU₨0.28 in 3Q 2023). Revenue: MU₨8.27b (down 4.9% from 3Q 2023). Net income: MU₨537.7m (up 14% from 3Q 2023). Profit margin: 6.5% (up from 5.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Global Luxury industry. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 18First quarter 2024 earnings released: EPS: MU₨0.35 (vs MU₨0.29 in 1Q 2023)First quarter 2024 results: EPS: MU₨0.35 (up from MU₨0.29 in 1Q 2023). Revenue: MU₨8.80b (down 1.9% from 1Q 2023). Net income: MU₨584.7m (up 21% from 1Q 2023). Profit margin: 6.6% (up from 5.4% 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 80% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 19Second quarter 2023 earnings released: EPS: MU₨0.45 (vs MU₨0.21 in 2Q 2022)Second quarter 2023 results: EPS: MU₨0.45 (up from MU₨0.21 in 2Q 2022). Revenue: MU₨9.17b (up 27% from 2Q 2022). Net income: MU₨766.3m (up 118% from 2Q 2022). Profit margin: 8.4% (up from 4.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.모든 업데이트 보기Recent updatesDeclared Dividend • Jul 01Dividend increased to MU₨0.35Dividend of MU₨0.35 is 9.4% higher than last year. Ex-date: 14th July 2026 Payment date: 30th July 2026 Dividend yield will be 4.4%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 5.9% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Jun 30CIEL Limited announces Annual dividend, payable on July 30, 2026CIEL Limited announced Annual dividend of MUR 0.3500 per share payable on July 30, 2026, ex-date on July 14, 2026 and record date on July 16, 2026.Reported Earnings • May 20Third quarter 2026 earnings released: EPS: MU₨0.16 (vs MU₨0.25 in 3Q 2025)Third quarter 2026 results: EPS: MU₨0.16 (down from MU₨0.25 in 3Q 2025). Revenue: MU₨9.24b (up 1.6% from 3Q 2025). Net income: MU₨275.0m (down 36% from 3Q 2025). Profit margin: 3.0% (down from 4.7% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.공시 • Dec 03CIEL Limited, Annual General Meeting, Dec 22, 2025CIEL Limited, Annual General Meeting, Dec 22, 2025, at 09:30 Arabian Standard Time. Location: at the registered office of, the company, 5th floor, ebene skies, rue de linstitut, ebene, Mauritius공시 • Jun 29CIEL Limited announces Annual dividend, payable on July 30, 2025CIEL Limited announced Annual dividend of MUR 0.3200 per share payable on July 30, 2025, ex-date on July 14, 2025 and record date on July 16, 2025.공시 • Nov 27CIEL Limited, Annual General Meeting, Dec 16, 2024CIEL Limited, Annual General Meeting, Dec 16, 2024, at 10:00 Arabian Standard Time. Location: 5th floor, ebene skies, rue de iinstitut, ebene, MauritiusReported Earnings • Nov 17First quarter 2025 earnings released: EPS: MU₨269 (vs MU₨0.35 in 1Q 2024)First quarter 2025 results: EPS: MU₨269. Revenue: MU₨8.79b (flat on 1Q 2024). Net income: MU₨455.5m (down 22% from 1Q 2024). Profit margin: 5.2% (down from 6.6% in 1Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Global Luxury industry.Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to MU₨10.40, the stock trades at a trailing P/E ratio of 6.3x. Average forward P/E is 14x in the Luxury industry in Africa. Total returns to shareholders of 66% over the past three years.Reported Earnings • Oct 02Full year 2024 earnings released: EPS: MU₨1.66 (vs MU₨1.57 in FY 2023)Full year 2024 results: EPS: MU₨1.66 (up from MU₨1.57 in FY 2023). Revenue: MU₨35.2b (flat on FY 2023). Net income: MU₨2.81b (up 5.8% from FY 2023). Profit margin: 8.0% (up from 7.5% in FY 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Global Luxury industry. 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 11% per year, which means it is significantly lagging earnings growth.Declared Dividend • Jul 01Dividend increased to MU₨0.32Dividend of MU₨0.32 is 14% higher than last year. Ex-date: 15th July 2024 Payment date: 30th July 2024 Dividend yield will be 4.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 17Third quarter 2024 earnings released: EPS: MU₨0.32 (vs MU₨0.28 in 3Q 2023)Third quarter 2024 results: EPS: MU₨0.32 (up from MU₨0.28 in 3Q 2023). Revenue: MU₨8.27b (down 4.9% from 3Q 2023). Net income: MU₨537.7m (up 14% from 3Q 2023). Profit margin: 6.5% (up from 5.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Global Luxury industry. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 18First quarter 2024 earnings released: EPS: MU₨0.35 (vs MU₨0.29 in 1Q 2023)First quarter 2024 results: EPS: MU₨0.35 (up from MU₨0.29 in 1Q 2023). Revenue: MU₨8.80b (down 1.9% from 1Q 2023). Net income: MU₨584.7m (up 21% from 1Q 2023). Profit margin: 6.6% (up from 5.4% 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 80% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jul 10Now 21% undervaluedOver the last 90 days, the stock is up 7.1%. The fair value is estimated to be MU₨8.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company has become profitable.Upcoming Dividend • Jul 10Upcoming dividend of MU₨0.28 per share at 4.1% yieldEligible shareholders must have bought the stock before 17 July 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of Mauritian dividend payers (6.2%). Higher than average of industry peers (1.7%).New Risk • Jul 07New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 4.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Feb 19Second quarter 2023 earnings released: EPS: MU₨0.45 (vs MU₨0.21 in 2Q 2022)Second quarter 2023 results: EPS: MU₨0.45 (up from MU₨0.21 in 2Q 2022). Revenue: MU₨9.17b (up 27% from 2Q 2022). Net income: MU₨766.3m (up 118% from 2Q 2022). Profit margin: 8.4% (up from 4.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 07Upcoming dividend of MU₨0.16 per shareEligible shareholders must have bought the stock before 14 July 2022. Payment date: 29 July 2022. Trailing yield: 2.4%. Lower than top quartile of Mauritian dividend payers (3.9%). Higher than average of industry peers (1.9%).Reported Earnings • Feb 17Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: MU₨0.21 (up from MU₨0.041 loss in 2Q 2021). Revenue: MU₨7.25b (up 61% from 2Q 2021). Net income: MU₨351.3m (up MU₨420.6m from 2Q 2021). Profit margin: 4.8% (up from net loss in 2Q 2021). Revenue was in line with analyst estimates. 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 4% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 08Investor sentiment improved over the past weekAfter last week's 18% share price gain to MU₨6.78, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 16x in the Luxury industry globally. Total returns to shareholders of 2.5% over the past three years.Upcoming Dividend • Oct 07Upcoming dividend of MU₨0.05 per shareEligible shareholders must have bought the stock before 14 October 2021. Payment date: 29 October 2021. Trailing yield: 0.8%. Lower than top quartile of Mauritian dividend payers (3.7%). Lower than average of industry peers (1.2%).Reported Earnings • Oct 03Full year 2021 earnings released: EPS MU₨0.51 (vs MU₨0.99 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: MU₨17.9b (down 19% from FY 2020). Net income: MU₨864.8m (up MU₨2.54b from FY 2020). Profit margin: 4.8% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Dec 07New 90-day high: MU₨3.45The company is up 7.0% from its price of MU₨3.22 on 08 September 2020. The Mauritian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Luxury industry, which is also up 7.0% over the same period.공시 • Nov 27CIEL Limited, Annual General Meeting, Dec 18, 2020CIEL Limited, Annual General Meeting, Dec 18, 2020, at 14:00 Mauritius Standard Time. Location: The Registered Office of the Company, 5th Floor, Ebène Skies, rue de l`Institut Ebène Mauritius Agenda: To approve the Group's and Company's audited Financial Statements for the financial year ended 30 June 2020, including the Annual Report and the Auditor's Report, in accordance with section 115(4) of the Companies Act 2001; to authorise, in accordance with section 138(6) of the Companies Act 2001, Mr. Marc Ladreit de Lacharrière to continue to hold office as a Director until the next Annual Meeting of the Shareholders of the Company; to authorise, in accordance with section 138(6) of the Companies Act 2001, Mr. Xavier Thiéblin to continue to hold office as a Director until the next Annual Meeting of the Shareholders of the Company; to consider the re-election of Directors; to take note of the automatic re-appointment of PricewaterhouseCoopers Ltd as auditor of the Company for the financial year ending 30 June 2021, in accordance with section 200 of the Companies Act 2001 and to authorise the Board of Directors of the Company to fix their remuneration; and to consider other matters.Is New 90 Day High Low • Oct 31New 90-day low: MU₨2.85The company is down 5.0% from its price of MU₨3.00 on 31 July 2020. The Mauritian market is also down 5.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Luxury industry, which is up 11% over the same period.매출 및 비용 세부 내역CIEL가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이MUSE:CIEL.N0000 매출, 비용 및 순이익 (MUR Millions)날짜매출순이익일반관리비연구개발비31 Mar 2640,0221,98313,685031 Dec 2539,8772,13513,616030 Sep 2538,5242,06690030 Jun 2538,0302,16713,581031 Mar 2537,0632,23812,596031 Dec 2436,2392,34812,659030 Sep 2435,1722,678106030 Jun 2435,1762,80712,788031 Mar 2434,6603,06912,044031 Dec 2335,0853,00412,230030 Sep 2335,2382,75612,203030 Jun 2335,4092,65312,189031 Mar 2334,9942,44010,543031 Dec 2233,4432,26610,163030 Sep 2231,5211,85110,355030 Jun 2228,5251,58710,364031 Mar 2224,7481,6377,629031 Dec 2121,9431,5937,743030 Sep 2119,2081,1727,245030 Jun 2117,8698657,457031 Mar 2115,953-9809,821031 Dec 2017,423-1,3999,821030 Sep 2019,312-9599,821030 Jun 2020,956-7979,821031 Mar 2024,155-9809,751031 Dec 1924,208-7349,864030 Sep 1924,395-87610,058030 Jun 1924,206-86010,058031 Mar 1924,15251310,312031 Dec 1823,75950910,199030 Sep 1823,1545559,881030 Jun 1822,60844210,005031 Mar 1822,3293769,294031 Dec 1722,1454409,294030 Sep 1721,3144239,294030 Jun 1720,6614599,294031 Mar 1719,7536277,716031 Dec 1619,1755977,716030 Sep 1618,8854907,716030 Jun 1618,5334777,716031 Mar 1618,3377646,655031 Dec 1517,3999326,655030 Sep 1516,7541,0086,6550양질의 수익: CIEL.N0000는 고품질 수익을 보유하고 있습니다.이익 마진 증가: CIEL.N0000의 현재 순 이익률 (5%)은 지난해 (6%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: CIEL.N0000는 지난 5년 동안 흑자전환하며 연평균 16.3%의 수익 성장을 기록했습니다.성장 가속화: CIEL.N0000은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: CIEL.N0000은 지난 1년 동안 수익이 감소(-11.4%)하여 Luxury 업계 평균(-24.1%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: CIEL.N0000의 자본 수익률(10.2%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YConsumer-durables 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/03 18:26종가2026/07/03 00:00수익2026/03/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스CIEL Limited는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullACF Equity Research Limited
Reported Earnings • May 20Third quarter 2026 earnings released: EPS: MU₨0.16 (vs MU₨0.25 in 3Q 2025)Third quarter 2026 results: EPS: MU₨0.16 (down from MU₨0.25 in 3Q 2025). Revenue: MU₨9.24b (up 1.6% from 3Q 2025). Net income: MU₨275.0m (down 36% from 3Q 2025). Profit margin: 3.0% (down from 4.7% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 17First quarter 2025 earnings released: EPS: MU₨269 (vs MU₨0.35 in 1Q 2024)First quarter 2025 results: EPS: MU₨269. Revenue: MU₨8.79b (flat on 1Q 2024). Net income: MU₨455.5m (down 22% from 1Q 2024). Profit margin: 5.2% (down from 6.6% in 1Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Global Luxury industry.
Reported Earnings • Oct 02Full year 2024 earnings released: EPS: MU₨1.66 (vs MU₨1.57 in FY 2023)Full year 2024 results: EPS: MU₨1.66 (up from MU₨1.57 in FY 2023). Revenue: MU₨35.2b (flat on FY 2023). Net income: MU₨2.81b (up 5.8% from FY 2023). Profit margin: 8.0% (up from 7.5% in FY 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Global Luxury industry. 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 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 17Third quarter 2024 earnings released: EPS: MU₨0.32 (vs MU₨0.28 in 3Q 2023)Third quarter 2024 results: EPS: MU₨0.32 (up from MU₨0.28 in 3Q 2023). Revenue: MU₨8.27b (down 4.9% from 3Q 2023). Net income: MU₨537.7m (up 14% from 3Q 2023). Profit margin: 6.5% (up from 5.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Global Luxury industry. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 18First quarter 2024 earnings released: EPS: MU₨0.35 (vs MU₨0.29 in 1Q 2023)First quarter 2024 results: EPS: MU₨0.35 (up from MU₨0.29 in 1Q 2023). Revenue: MU₨8.80b (down 1.9% from 1Q 2023). Net income: MU₨584.7m (up 21% from 1Q 2023). Profit margin: 6.6% (up from 5.4% 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 80% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 19Second quarter 2023 earnings released: EPS: MU₨0.45 (vs MU₨0.21 in 2Q 2022)Second quarter 2023 results: EPS: MU₨0.45 (up from MU₨0.21 in 2Q 2022). Revenue: MU₨9.17b (up 27% from 2Q 2022). Net income: MU₨766.3m (up 118% from 2Q 2022). Profit margin: 8.4% (up from 4.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Jul 01Dividend increased to MU₨0.35Dividend of MU₨0.35 is 9.4% higher than last year. Ex-date: 14th July 2026 Payment date: 30th July 2026 Dividend yield will be 4.4%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 5.9% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Jun 30CIEL Limited announces Annual dividend, payable on July 30, 2026CIEL Limited announced Annual dividend of MUR 0.3500 per share payable on July 30, 2026, ex-date on July 14, 2026 and record date on July 16, 2026.
Reported Earnings • May 20Third quarter 2026 earnings released: EPS: MU₨0.16 (vs MU₨0.25 in 3Q 2025)Third quarter 2026 results: EPS: MU₨0.16 (down from MU₨0.25 in 3Q 2025). Revenue: MU₨9.24b (up 1.6% from 3Q 2025). Net income: MU₨275.0m (down 36% from 3Q 2025). Profit margin: 3.0% (down from 4.7% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
공시 • Dec 03CIEL Limited, Annual General Meeting, Dec 22, 2025CIEL Limited, Annual General Meeting, Dec 22, 2025, at 09:30 Arabian Standard Time. Location: at the registered office of, the company, 5th floor, ebene skies, rue de linstitut, ebene, Mauritius
공시 • Jun 29CIEL Limited announces Annual dividend, payable on July 30, 2025CIEL Limited announced Annual dividend of MUR 0.3200 per share payable on July 30, 2025, ex-date on July 14, 2025 and record date on July 16, 2025.
공시 • Nov 27CIEL Limited, Annual General Meeting, Dec 16, 2024CIEL Limited, Annual General Meeting, Dec 16, 2024, at 10:00 Arabian Standard Time. Location: 5th floor, ebene skies, rue de iinstitut, ebene, Mauritius
Reported Earnings • Nov 17First quarter 2025 earnings released: EPS: MU₨269 (vs MU₨0.35 in 1Q 2024)First quarter 2025 results: EPS: MU₨269. Revenue: MU₨8.79b (flat on 1Q 2024). Net income: MU₨455.5m (down 22% from 1Q 2024). Profit margin: 5.2% (down from 6.6% in 1Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Global Luxury industry.
Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to MU₨10.40, the stock trades at a trailing P/E ratio of 6.3x. Average forward P/E is 14x in the Luxury industry in Africa. Total returns to shareholders of 66% over the past three years.
Reported Earnings • Oct 02Full year 2024 earnings released: EPS: MU₨1.66 (vs MU₨1.57 in FY 2023)Full year 2024 results: EPS: MU₨1.66 (up from MU₨1.57 in FY 2023). Revenue: MU₨35.2b (flat on FY 2023). Net income: MU₨2.81b (up 5.8% from FY 2023). Profit margin: 8.0% (up from 7.5% in FY 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Global Luxury industry. 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 11% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Jul 01Dividend increased to MU₨0.32Dividend of MU₨0.32 is 14% higher than last year. Ex-date: 15th July 2024 Payment date: 30th July 2024 Dividend yield will be 4.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 17Third quarter 2024 earnings released: EPS: MU₨0.32 (vs MU₨0.28 in 3Q 2023)Third quarter 2024 results: EPS: MU₨0.32 (up from MU₨0.28 in 3Q 2023). Revenue: MU₨8.27b (down 4.9% from 3Q 2023). Net income: MU₨537.7m (up 14% from 3Q 2023). Profit margin: 6.5% (up from 5.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Global Luxury industry. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 18First quarter 2024 earnings released: EPS: MU₨0.35 (vs MU₨0.29 in 1Q 2023)First quarter 2024 results: EPS: MU₨0.35 (up from MU₨0.29 in 1Q 2023). Revenue: MU₨8.80b (down 1.9% from 1Q 2023). Net income: MU₨584.7m (up 21% from 1Q 2023). Profit margin: 6.6% (up from 5.4% 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 80% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jul 10Now 21% undervaluedOver the last 90 days, the stock is up 7.1%. The fair value is estimated to be MU₨8.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company has become profitable.
Upcoming Dividend • Jul 10Upcoming dividend of MU₨0.28 per share at 4.1% yieldEligible shareholders must have bought the stock before 17 July 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of Mauritian dividend payers (6.2%). Higher than average of industry peers (1.7%).
New Risk • Jul 07New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 4.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Feb 19Second quarter 2023 earnings released: EPS: MU₨0.45 (vs MU₨0.21 in 2Q 2022)Second quarter 2023 results: EPS: MU₨0.45 (up from MU₨0.21 in 2Q 2022). Revenue: MU₨9.17b (up 27% from 2Q 2022). Net income: MU₨766.3m (up 118% from 2Q 2022). Profit margin: 8.4% (up from 4.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 07Upcoming dividend of MU₨0.16 per shareEligible shareholders must have bought the stock before 14 July 2022. Payment date: 29 July 2022. Trailing yield: 2.4%. Lower than top quartile of Mauritian dividend payers (3.9%). Higher than average of industry peers (1.9%).
Reported Earnings • Feb 17Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: MU₨0.21 (up from MU₨0.041 loss in 2Q 2021). Revenue: MU₨7.25b (up 61% from 2Q 2021). Net income: MU₨351.3m (up MU₨420.6m from 2Q 2021). Profit margin: 4.8% (up from net loss in 2Q 2021). Revenue was in line with analyst estimates. 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 4% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 08Investor sentiment improved over the past weekAfter last week's 18% share price gain to MU₨6.78, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 16x in the Luxury industry globally. Total returns to shareholders of 2.5% over the past three years.
Upcoming Dividend • Oct 07Upcoming dividend of MU₨0.05 per shareEligible shareholders must have bought the stock before 14 October 2021. Payment date: 29 October 2021. Trailing yield: 0.8%. Lower than top quartile of Mauritian dividend payers (3.7%). Lower than average of industry peers (1.2%).
Reported Earnings • Oct 03Full year 2021 earnings released: EPS MU₨0.51 (vs MU₨0.99 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: MU₨17.9b (down 19% from FY 2020). Net income: MU₨864.8m (up MU₨2.54b from FY 2020). Profit margin: 4.8% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Dec 07New 90-day high: MU₨3.45The company is up 7.0% from its price of MU₨3.22 on 08 September 2020. The Mauritian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Luxury industry, which is also up 7.0% over the same period.
공시 • Nov 27CIEL Limited, Annual General Meeting, Dec 18, 2020CIEL Limited, Annual General Meeting, Dec 18, 2020, at 14:00 Mauritius Standard Time. Location: The Registered Office of the Company, 5th Floor, Ebène Skies, rue de l`Institut Ebène Mauritius Agenda: To approve the Group's and Company's audited Financial Statements for the financial year ended 30 June 2020, including the Annual Report and the Auditor's Report, in accordance with section 115(4) of the Companies Act 2001; to authorise, in accordance with section 138(6) of the Companies Act 2001, Mr. Marc Ladreit de Lacharrière to continue to hold office as a Director until the next Annual Meeting of the Shareholders of the Company; to authorise, in accordance with section 138(6) of the Companies Act 2001, Mr. Xavier Thiéblin to continue to hold office as a Director until the next Annual Meeting of the Shareholders of the Company; to consider the re-election of Directors; to take note of the automatic re-appointment of PricewaterhouseCoopers Ltd as auditor of the Company for the financial year ending 30 June 2021, in accordance with section 200 of the Companies Act 2001 and to authorise the Board of Directors of the Company to fix their remuneration; and to consider other matters.
Is New 90 Day High Low • Oct 31New 90-day low: MU₨2.85The company is down 5.0% from its price of MU₨3.00 on 31 July 2020. The Mauritian market is also down 5.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Luxury industry, which is up 11% over the same period.