Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹514, the stock trades at a trailing P/E ratio of 40.3x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 53% over the past three years. Board Change • Jul 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Non-Executive Independent Director Lalitkumar Tapadia was the last 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: Insufficient board refreshment. Reported Earnings • May 29
Full year 2026 earnings released: EPS: ₹12.56 (vs ₹12.27 in FY 2025) Full year 2026 results: EPS: ₹12.56 (up from ₹12.27 in FY 2025). Revenue: ₹1.46b (up 40% from FY 2025). Net income: ₹149.7m (up 3.9% from FY 2025). Profit margin: 10% (down from 14% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 20
Foce India Limited to Report Fiscal Year 2026 Results on May 27, 2026 Foce India Limited announced that they will report fiscal year 2026 results on May 27, 2026 New Risk • Nov 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.75b (US$97.9m) 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 Shares are highly illiquid. Minor Risks High level of debt (49% net debt to equity). Profit margins are more than 30% lower than last year (10% net profit margin). Market cap is less than US$100m (₹8.75b market cap, or US$97.9m). New Risk • Nov 24
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks High level of debt (49% net debt to equity). Profit margins are more than 30% lower than last year (10% net profit margin). Aankondiging • Nov 14
Foce India Limited to Report First Half, 2026 Results on Nov 14, 2025 Foce India Limited announced that they will report first half, 2026 results on Nov 14, 2025 Board Change • Nov 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Non-Executive Independent Director Lalitkumar Tapadia was the last 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: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,480, the stock trades at a trailing P/E ratio of 50.3x. Average trailing P/E is 25x in the Luxury industry in India. Total returns to shareholders of 225% over the past three years. Aankondiging • Sep 05
Foce India Limited, Annual General Meeting, Sep 29, 2025 Foce India Limited, Annual General Meeting, Sep 29, 2025, at 11:30 Indian Standard Time. Location: 4, kingston,shastri nagar, lokhandwala complex, andheri (w), mumbai - 400053, mumbai India New Risk • Aug 14
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.71b (US$99.5m) 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 Shares are highly illiquid. Minor Risks Profit margins are more than 30% lower than last year (14% net profit margin). Market cap is less than US$100m (₹8.71b market cap, or US$99.5m). Board Change • Aug 12
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Non-Executive Independent Director Lalitkumar Tapadia was the last 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: Insufficient board refreshment. New Risk • Jun 26
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 14% Last year net profit margin: 20% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Profit margins are more than 30% lower than last year (14% net profit margin). Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹1,568, the stock trades at a trailing P/E ratio of 43.6x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 548% over the past three years. Board Change • Apr 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Non-Executive Independent Director Lalitkumar Tapadia was the last 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: Insufficient board refreshment. Board Change • Mar 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Non-Executive Independent Director Lalitkumar Tapadia was the last 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: Insufficient board refreshment. Board Change • Feb 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Non-Executive Independent Director Lalitkumar Tapadia was the last 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: Insufficient board refreshment. Board Change • Dec 17
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Non-Executive Independent Director Lalitkumar Tapadia was the last 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: Insufficient board refreshment. Board Change • Nov 19
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Non-Executive Independent Director Lalitkumar Tapadia was the last 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: Insufficient board refreshment. Aankondiging • Sep 13
Foce India Limited, Annual General Meeting, Sep 30, 2024 Foce India Limited, Annual General Meeting, Sep 30, 2024, at 15:30 Indian Standard Time. Location: 4, kingston,shastri nagar, lokhandwala complex, andheri (w), mumbai - 400053, mumbai India New Risk • Aug 12
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 High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (₹7.07b market cap, or US$84.2m). Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,201, the stock trades at a trailing P/E ratio of 37x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 41% over the past year. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Non-Executive Independent Director Lalitkumar Tapadia was the last 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: Insufficient board refreshment. 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: Minor Risks High level of debt (43% net debt to equity). Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (₹410m revenue, or US$4.9m). Market cap is less than US$100m (₹4.59b market cap, or US$55.3m). New Risk • Feb 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). Share price has been volatile over the past 3 months (7.7% average weekly change). Revenue is less than US$5m (₹410m revenue, or US$4.9m). Market cap is less than US$100m (₹3.43b market cap, or US$41.2m). New Risk • Nov 14
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 43% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). Share price has been volatile over the past 3 months (7.9% average weekly change). Revenue is less than US$5m (₹410m revenue, or US$4.9m). Market cap is less than US$100m (₹3.77b market cap, or US$45.3m). Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹896, the stock trades at a trailing P/E ratio of 51.6x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 54% over the past year. Aankondiging • Sep 09
Foce India Limited, Annual General Meeting, Sep 30, 2023 Foce India Limited, Annual General Meeting, Sep 30, 2023, at 12:30 Indian Standard Time. Location: 4, Kingston Shastri Nagar, Lokhandwala Complex Andheri (W) Mumbai Maharashtra India Agenda: To consider and approve financial statements for the year ended 31 March 2023; and to consider reappointment of Director Mr. Utkarsh Agarwal who retires by rotation and being eligible, offers himself for re-appointment. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹699, the stock trades at a trailing P/E ratio of 40.2x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 84% over the past year. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹864, the stock trades at a trailing P/E ratio of 49.7x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 149% over the past year. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹698, the stock trades at a trailing P/E ratio of 40.2x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 138% over the past year. New Risk • Jun 13
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 Market cap is less than US$100m (₹3.26b market cap, or US$39.6m). Reported Earnings • Jun 03
Full year 2023 earnings released: EPS: ₹17.38 (vs ₹21.85 in FY 2022) Full year 2023 results: EPS: ₹17.38 (down from ₹21.85 in FY 2022). Revenue: ₹577.9m (down 69% from FY 2022). Net income: ₹85.0m (down 8.3% from FY 2022). Profit margin: 15% (up from 5.0% in FY 2022). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹512, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 63% over the past year. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹580, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 158% over the past year. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improved over the past week After last week's 23% share price gain to ₹560, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 14x in the Luxury industry in India. Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment improved over the past week After last week's 15% share price gain to ₹345, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 13x in the Luxury industry in India. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improved over the past week After last week's 17% share price gain to ₹325, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 12x in the Luxury industry in India. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹292, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 12x in the Luxury industry in India. Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹21.85 (vs ₹4.98 in FY 2021) Full year 2022 results: EPS: ₹21.85 (up from ₹4.98 in FY 2021). Revenue: ₹1.87b (up 144% from FY 2021). Net income: ₹92.7m (up 366% from FY 2021). Profit margin: 5.0% (up from 2.6% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improved over the past week After last week's 18% share price gain to ₹286, the stock trades at a trailing P/E ratio of 70.4x. Average trailing P/E is 12x in the Luxury industry in India. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improved over the past week After last week's 19% share price gain to ₹245, the stock trades at a trailing P/E ratio of 60.3x. Average trailing P/E is 13x in the Luxury industry in India. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improved over the past week After last week's 16% share price gain to ₹241, the stock trades at a trailing P/E ratio of 59.2x. Average trailing P/E is 12x in the Luxury industry in India. Aankondiging • Dec 29
Foce India Limited has completed an IPO in the amount of INR 290.25 million. Foce India Limited has completed an IPO in the amount of INR 290.25 million.
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 1,290,000
Price\Range: INR 225
Transaction Features: Regulation S