New Risk • Jun 15
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 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Shareholders have been substantially diluted in the past year (106% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₹5.41b market cap, or US$57.2m). Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹246, the stock trades at a trailing P/E ratio of 41.5x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 436% over the past three years. Reported Earnings • May 28
Full year 2026 earnings released: EPS: ₹5.96 (vs ₹9.60 in FY 2025) Full year 2026 results: EPS: ₹5.96. Revenue: ₹3.02b (up 1.2% from FY 2025). Net income: ₹130.3m (up 28% from FY 2025). Profit margin: 4.3% (up from 3.4% in FY 2025). Aankondiging • May 21
A B Cotspin India Limited to Report Q4, 2026 Results on May 27, 2026 A B Cotspin India Limited announced that they will report Q4, 2026 results on May 27, 2026 New Risk • Apr 27
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 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shareholders have been substantially diluted in the past year (106% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (₹5.46b market cap, or US$58.0m). Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to ₹311, the stock trades at a trailing P/E ratio of 51.8x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 600% over the past three years. Reported Earnings • Feb 12
Third quarter 2026 earnings released: EPS: ₹1.54 (vs ₹3.96 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.54 (down from ₹3.96 in 3Q 2025). Revenue: ₹792.7m (up 34% from 3Q 2025). Net income: ₹32.7m (down 20% from 3Q 2025). Profit margin: 4.1% (down from 6.9% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 118% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 05
A B Cotspin India Limited to Report Q3, 2026 Results on Feb 11, 2026 A B Cotspin India Limited announced that they will report Q3, 2026 results on Feb 11, 2026 Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: ₹1.66 (vs ₹1.96 in 2Q 2025) Second quarter 2026 results: EPS: ₹1.66. Revenue: ₹507.9m (down 34% from 2Q 2025). Net income: ₹36.2m (up 80% from 2Q 2025). Profit margin: 7.1% (up from 2.6% in 2Q 2025). The increase in margin was driven by lower expenses. Aankondiging • Nov 08
A B Cotspin India Limited to Report Q2, 2026 Results on Nov 12, 2025 A B Cotspin India Limited announced that they will report Q2, 2026 results on Nov 12, 2025 New Risk • Sep 25
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 57% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). High level of non-cash earnings (33% accrual ratio). Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₹7.60b market cap, or US$85.8m). Aankondiging • Sep 04
A B Cotspin India Limited, Annual General Meeting, Sep 29, 2025 A B Cotspin India Limited, Annual General Meeting, Sep 29, 2025, at 12:30 Indian Standard Time. Board Change • Apr 21
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Director Preet Kamal Bhatia 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 15
Third quarter 2025 earnings released: EPS: ₹3.96 (vs ₹2.30 in 3Q 2024) Third quarter 2025 results: EPS: ₹3.96 (up from ₹2.30 in 3Q 2024). Revenue: ₹594.2m (down 18% from 3Q 2024). Net income: ₹40.7m (up 73% from 3Q 2024). Profit margin: 6.9% (up from 3.3% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 105% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Dec 02
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Director Preet Kamal Bhatia 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. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹405, the stock trades at a trailing P/E ratio of 64.5x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 326% over the past year. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹273, the stock trades at a trailing P/E ratio of 42x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 188% over the past year. Aankondiging • Aug 28
A B Cotspin India Limited, Annual General Meeting, Sep 26, 2024 A B Cotspin India Limited, Annual General Meeting, Sep 26, 2024, at 12:30 Indian Standard Time. New Risk • May 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). High level of non-cash earnings (27% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (9.1% average weekly change). Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (₹2.32b market cap, or US$27.8m). Valuation Update With 7 Day Price Move • May 19
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹239, the stock trades at a trailing P/E ratio of 74x. Average trailing P/E is 28x in the Luxury industry in India. Total returns to shareholders of 409% over the past year. Valuation Update With 7 Day Price Move • May 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹257, the stock trades at a trailing P/E ratio of 79.4x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 479% over the past year. New Risk • Apr 25
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 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (₹2.28b market cap, or US$27.4m). Board Change • Apr 18
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Director Preet Kamal Bhatia 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. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹144, the stock trades at a trailing P/E ratio of 44.5x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 189% over the past year. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹121, the stock trades at a trailing P/E ratio of 64.3x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 157% over the past year. Aankondiging • Sep 02
A B Cotspin India Limited, Annual General Meeting, Sep 25, 2023 A B Cotspin India Limited, Annual General Meeting, Sep 25, 2023, at 12:00 Indian Standard Time. Agenda: To consider and adopt the Audited financial statements of the Company for the financial year ended March 31, 2023 and the reports of the Board of Directors and Auditor's thereon; to appoint a Director in place of Mr. Manohar Lal, who retires from the office by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment; to consider ratification of remuneration payable to M/s Jain Sharma & Associates, cost auditors, for the financial year 2023-24; to increase the authorized share capital of the company and alter clause V of memorandum of association; and to consider other matters. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹55.15, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 43% over the past year. Board Change • Jul 17
Less than half of directors are independent Following 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 Director Preet Kamal Bhatia was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 04
Full year 2023 earnings released: EPS: ₹1.88 (vs ₹8.47 in FY 2022) Full year 2023 results: EPS: ₹1.88 (down from ₹8.47 in FY 2022). Revenue: ₹1.70b (up 21% from FY 2022). Net income: ₹19.3m (down 72% from FY 2022). Profit margin: 1.1% (down from 4.9% in FY 2022). The decrease in margin was driven by higher expenses. Board Change • Feb 15
Less than half of directors are independent Following 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 Director Preet Kamal Bhatia was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 17
Less than half of directors are independent Following 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 Director Preet Kamal Bhatia was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Sep 02
A B Cotspin India Limited, Annual General Meeting, Sep 26, 2022 A B Cotspin India Limited, Annual General Meeting, Sep 26, 2022, at 11:00 Indian Standard Time. Agenda: To consider and adopt the audited financial statements of the company for the financial year ended March 31, 2022 and the reports of the Board of Directors and Auditor's thereon; to appoint a Director in place of Mr. Ramesh Kumar, who retires from the office by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re- appointment; to re-appoint M/s. P L Mittal & Company, Chartered Accountants as Statutory Auditor of the Company; and to consider other matters. Board Change • Apr 27
Less than half of directors are independent Following 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 Director Preet Kamal Bhatia was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹44.25, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 13x in the Luxury industry in India. Board Change • Jan 12
Less than half of directors are independent Following 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. 4 non-independent directors. Independent Director Preet Kamal Bhatia was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 