Declared Dividend • Aug 08
Dividend of ₹1.00 announced Dividend of ₹1.00 is the same as last year. Ex-date: 14th August 2026 Payment date: 5th September 2026 Dividend yield will be 0.5%, which is lower than the industry average of 0.8%. Sustainability & Growth The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Reported Earnings • Aug 07
Second quarter 2026 earnings released: EPS: ₹8.81 (vs ₹1.80 in 2Q 2025) Second quarter 2026 results: EPS: ₹8.81 (up from ₹1.80 in 2Q 2025). Revenue: ₹52.0b (up 18% from 2Q 2025). Net income: ₹2.96b (up 388% from 2Q 2025). Profit margin: 5.7% (up from 1.4% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Aankondiging • Jun 29
Rain Industries Limited to Report Q2, 2026 Results on Aug 06, 2026 Rain Industries Limited announced that they will report Q2, 2026 results on Aug 06, 2026 Valuation Update With 7 Day Price Move • May 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹179, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 22x in the Chemicals industry in India. Total returns to shareholders of 18% over the past three years. Reported Earnings • Apr 20
Full year 2025 earnings released: EPS: ₹1.26 (vs ₹16.78 loss in FY 2024) Full year 2025 results: EPS: ₹1.26 (up from ₹16.78 loss in FY 2024). Revenue: ₹169.5b (up 10% from FY 2024). Net income: ₹425.2m (up ₹6.07b from FY 2024). Profit margin: 0.3% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. 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 5% per year, which means it has not declined as severely as earnings. Aankondiging • Mar 30
Rain Industries Limited to Report Q1, 2026 Results on May 08, 2026 Rain Industries Limited announced that they will report Q1, 2026 results on May 08, 2026 New Risk • Mar 09
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 9.3% 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 (1.4x net interest cover). Share price has been highly volatile over the past 3 months (9.3% average weekly change). Earnings have declined by 47% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Aankondiging • Mar 02
Rain Industries Limited, Annual General Meeting, May 12, 2026 Rain Industries Limited, Annual General Meeting, May 12, 2026, at 11:00 Indian Standard Time. Reported Earnings • Mar 01
Full year 2025 earnings released: EPS: ₹1.26 (vs ₹16.78 loss in FY 2024) Full year 2025 results: EPS: ₹1.26 (up from ₹16.78 loss in FY 2024). Revenue: ₹170.8b (up 11% from FY 2024). Net income: ₹425.2m (up ₹6.07b from FY 2024). Profit margin: 0.2% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. 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 3% per year, which means it has not declined as severely as earnings. New Risk • Jan 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 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings have declined by 47% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.0% average weekly change). Aankondiging • Dec 30
Rain Industries Limited to Report Fiscal Year 2025 Results on Feb 27, 2026 Rain Industries Limited announced that they will report fiscal year 2025 results on Feb 27, 2026 Reported Earnings • Nov 07
Third quarter 2025 earnings released: EPS: ₹3.15 (vs ₹5.33 loss in 3Q 2024) Third quarter 2025 results: EPS: ₹3.15 (up from ₹5.33 loss in 3Q 2024). Revenue: ₹45.1b (up 15% from 3Q 2024). Net income: ₹1.06b (up ₹2.85b from 3Q 2024). Profit margin: 2.4% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 29
Rain Industries Limited to Report Q3, 2025 Results on Nov 06, 2025 Rain Industries Limited announced that they will report Q3, 2025 results on Nov 06, 2025 Declared Dividend • Aug 08
Dividend of ₹1.00 announced Dividend of ₹1.00 is the same as last year. Ex-date: 13th August 2025 Payment date: 29th August 2025 Dividend yield will be 0.6%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (8% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Reported Earnings • Aug 07
Second quarter 2025 earnings released: EPS: ₹1.80 (vs ₹2.31 loss in 2Q 2024) Second quarter 2025 results: EPS: ₹1.80 (up from ₹2.31 loss in 2Q 2024). Revenue: ₹44.0b (up 7.5% from 2Q 2024). Net income: ₹607.0m (up ₹1.39b from 2Q 2024). Profit margin: 1.4% (up from net loss in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Aankondiging • Jun 27
Rain Industries Limited to Report Q2, 2025 Results on Aug 06, 2025 Rain Industries Limited announced that they will report Q2, 2025 results on Aug 06, 2025 Reported Earnings • Apr 12
Full year 2024 earnings released: ₹16.78 loss per share (vs ₹27.89 loss in FY 2023) Full year 2024 results: ₹16.78 loss per share (improved from ₹27.89 loss in FY 2023). Revenue: ₹153.7b (down 15% from FY 2023). Net loss: ₹5.64b (loss narrowed 40% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Aankondiging • Apr 09
Rain Industries Limited Proposes Interim Dividend for the Financial Year Ended December 31, 2024 Rain Industries Limited proposed the interim dividend of INR 1 per equity share for the financial year ended December 31, 2024. Annual general meeting to be held on May 9, 2025. Aankondiging • Mar 29
Rain Industries Limited to Report Q1, 2025 Results on May 08, 2025 Rain Industries Limited announced that they will report Q1, 2025 results on May 08, 2025 Recent Insider Transactions • Mar 06
Vice Chairman of the Board recently bought ₹3.8m worth of stock On the 4th of March, N. Reddy bought around 31k shares on-market at roughly ₹124 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was N.'s only on-market trade for the last 12 months. Aankondiging • Feb 27
Rain Industries Limited, Annual General Meeting, May 09, 2025 Rain Industries Limited, Annual General Meeting, May 09, 2025, at 11:00 Indian Standard Time. Reported Earnings • Feb 26
Full year 2024 earnings released: ₹16.78 loss per share (vs ₹27.89 loss in FY 2023) Full year 2024 results: ₹16.78 loss per share (improved from ₹27.89 loss in FY 2023). Revenue: ₹156.2b (down 14% from FY 2023). Net loss: ₹5.64b (loss narrowed 40% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Aankondiging • Dec 31
Rain Industries Limited to Report Q4, 2024 Results on Feb 25, 2025 Rain Industries Limited announced that they will report Q4, 2024 results on Feb 25, 2025 Reported Earnings • Nov 07
Third quarter 2024 earnings released: ₹5.33 loss per share (vs ₹2.68 loss in 3Q 2023) Third quarter 2024 results: ₹5.33 loss per share (further deteriorated from ₹2.68 loss in 3Q 2023). Revenue: ₹40.3b (down 3.1% from 3Q 2023). Net loss: ₹1.79b (loss widened 99% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Board Change • Nov 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. 3 experienced directors. 3 highly experienced directors. Independent Director Shanti Bolleni was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Sep 27
Rain Industries Limited to Report Q3, 2024 Results on Nov 06, 2024 Rain Industries Limited announced that they will report Q3, 2024 results on Nov 06, 2024 Upcoming Dividend • Aug 13
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 20 August 2024. Payment date: 29 August 2024. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.1%). In line with average of industry peers (0.6%). Reported Earnings • Aug 08
Second quarter 2024 earnings released: ₹2.31 loss per share (vs ₹4.93 profit in 2Q 2023) Second quarter 2024 results: ₹2.31 loss per share (down from ₹4.93 profit in 2Q 2023). Revenue: ₹40.9b (down 12% from 2Q 2023). Net loss: ₹778.8m (down 147% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Aankondiging • Jun 29
Rain Industries Limited to Report Q2, 2024 Results on Aug 06, 2024 Rain Industries Limited announced that they will report Q2, 2024 results on Aug 06, 2024 Reported Earnings • May 10
First quarter 2024 earnings released: ₹4.34 loss per share (vs ₹3.13 profit in 1Q 2023) First quarter 2024 results: ₹4.34 loss per share (down from ₹3.13 profit in 1Q 2023). Revenue: ₹37.2b (down 29% from 1Q 2023). Net loss: ₹1.46b (down 238% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 07
Full year 2023 earnings released: ₹27.89 loss per share (vs ₹42.77 profit in FY 2022) Full year 2023 results: ₹27.89 loss per share (down from ₹42.77 profit in FY 2022). Revenue: ₹181.8b (down 14% from FY 2022). Net loss: ₹9.38b (down 165% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Aankondiging • Mar 29
Rain Industries Limited to Report Q1, 2024 Results on May 09, 2024 Rain Industries Limited announced that they will report Q1, 2024 results on May 09, 2024 Reported Earnings • Feb 24
Full year 2023 earnings released: ₹27.89 loss per share (vs ₹42.77 profit in FY 2022) Full year 2023 results: ₹27.89 loss per share (down from ₹42.77 profit in FY 2022). Revenue: ₹183.2b (down 13% from FY 2022). Net loss: ₹9.38b (down 165% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Aankondiging • Feb 24
Rain Industries Limited, Annual General Meeting, May 03, 2024 Rain Industries Limited, Annual General Meeting, May 03, 2024, at 11:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹200, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 30x in the Chemicals industry in India. Total returns to shareholders of 42% over the past three years. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹175, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 30x in the Chemicals industry in India. Total returns to shareholders of 41% over the past three years. Aankondiging • Dec 30
Rain Industries Limited to Report Q4, 2023 Results on Feb 23, 2024 Rain Industries Limited announced that they will report Q4, 2023 results on Feb 23, 2024 Reported Earnings • Nov 08
Third quarter 2023 earnings released: ₹2.68 loss per share (vs ₹11.99 profit in 3Q 2022) Third quarter 2023 results: ₹2.68 loss per share (down from ₹11.99 profit in 3Q 2022). Revenue: ₹42.1b (down 25% from 3Q 2022). Net loss: ₹901.7m (down 122% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 13% per year. Aankondiging • Sep 30
Rain Industries Limited to Report Q3, 2023 Results on Nov 07, 2023 Rain Industries Limited announced that they will report Q3, 2023 results on Nov 07, 2023 New Risk • Aug 06
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: 3.7% Last year net profit margin: 6.1% 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: Minor Risks High level of debt (74% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.7% net profit margin). Reported Earnings • Aug 05
Second quarter 2023 earnings released: EPS: ₹4.93 (vs ₹19.87 in 2Q 2022) Second quarter 2023 results: EPS: ₹4.93 (down from ₹19.87 in 2Q 2022). Revenue: ₹46.6b (down 16% from 2Q 2022). Net income: ₹1.66b (down 75% from 2Q 2022). Profit margin: 3.6% (down from 12% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Aankondiging • Jun 30
Rain Industries Limited to Report Q2, 2023 Results on Aug 04, 2023 Rain Industries Limited announced that they will report Q2, 2023 results on Aug 04, 2023 Aankondiging • Jun 13
Rain Industries Limited Announces Cessation of Radhika Vijay Haribhakti as Independent Director Rain Industries Limited announced that Ms. Radhika Vijay Haribhakti is ceased to be an Independent Director of the Company with effect from June 11, 2023 consequent to completion of second term. Upcoming Dividend • May 12
Upcoming dividend of ₹1.00 per share at 0.7% yield Eligible shareholders must have bought the stock before 19 May 2023. Payment date: 01 June 2023. Payout ratio is a comfortable 2.3% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.6%). In line with average of industry peers (0.8%). Aankondiging • May 10
Rain Industries Limited Approves an Interim Dividend for the Financial Year Ending on December 31, 2023 The Board of Directors of Rain Industries Limited at their meeting held on May 9, 2023, approved an Interim dividend of INR 1 per equity share i.e., 50% on a face value of INR 2/- perequity share fully paid up for the Financial Year ending on December 31, 2023; and Fixed May 19, 2023 as record date for the purpose of determining the shareholders eligible for receipt of Interim Dividend for the Financial Year ending December 31, 2023. Reported Earnings • May 10
First quarter 2023 earnings released: EPS: ₹3.13 (vs ₹8.25 in 1Q 2022) First quarter 2023 results: EPS: ₹3.13 (down from ₹8.25 in 1Q 2022). Revenue: ₹52.8b (up 19% from 1Q 2022). Net income: ₹1.05b (down 62% from 1Q 2022). Profit margin: 2.0% (down from 6.3% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Board Change • Apr 13
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. Independent Director Bob Tonti was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 07
Full year 2022 earnings released: EPS: ₹42.77 (vs ₹17.25 in FY 2021) Full year 2022 results: EPS: ₹42.77 (up from ₹17.25 in FY 2021). Revenue: ₹210.1b (up 45% from FY 2021). Net income: ₹14.4b (up 148% from FY 2021). Profit margin: 6.8% (up from 4.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Aankondiging • Dec 31
Rain Industries Limited to Report Q4, 2022 Results on Feb 27, 2023 Rain Industries Limited announced that they will report Q4, 2022 results on Feb 27, 2023 Board Change • Nov 16
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. 3 experienced directors. 4 highly experienced directors. Additional Independent Director Bob Tonti was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: ₹11.99 (vs ₹7.00 in 3Q 2021) Third quarter 2022 results: EPS: ₹11.99 (up from ₹7.00 in 3Q 2021). Revenue: ₹56.0b (up 45% from 3Q 2021). Net income: ₹4.03b (up 71% from 3Q 2021). Profit margin: 7.2% (up from 6.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Aankondiging • Oct 01
Rain Industries Limited to Report Q3, 2022 Results on Nov 03, 2022 Rain Industries Limited announced that they will report Q3, 2022 results on Nov 03, 2022 Upcoming Dividend • Aug 04
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 11 August 2022. Payment date: 24 August 2022. Payout ratio is a comfortable 3.1% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.7%). Lower than average of industry peers (0.7%). Reported Earnings • Jul 31
Second quarter 2022 earnings released: EPS: ₹19.87 (vs ₹7.00 in 2Q 2021) Second quarter 2022 results: EPS: ₹19.87 (up from ₹7.00 in 2Q 2021). Revenue: ₹55.6b (up 53% from 2Q 2021). Net income: ₹6.68b (up 184% from 2Q 2021). Profit margin: 12% (up from 6.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 30
Rain Industries Limited Announces Interim Dividend for the Financial Year Ending December 31, 2022, Payable on August 24, 2022 Rain Industries Limited announced that Interim dividend on equity shares at the rate of INR 1.00 per equity share (i.e., 50% on a face value of INR 2/- per equity share fully paid up) for the financial year ending December 31, 2022 will be paid to shareholders on August 24, 2022. Fixed August 12, 2022 as record date for the purpose of determining the shareholders eligible for receipt of Interim Dividend for the Financial Year ending December 31., 2022. Aankondiging • Jul 01
Rain Industries Limited to Report Q2, 2022 Results on Jul 29, 2022 Rain Industries Limited announced that they will report Q2, 2022 results at 3:30 PM, Indian Standard Time on Jul 29, 2022 Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹136, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 16x in the Chemicals industry in India. Total returns to shareholders of 40% over the past three years. Aankondiging • May 08
Rain Industries Limited Approves Interim Dividend for the Financial Year Ended 31 December, 2021 Rain Industries Limited at its Annual General Meeting held on May 6, 2022 approves interim dividend of INR 1 per equity share for the financial year ended 31st December, 2021. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: ₹8.25 (vs ₹6.13 in 1Q 2021) First quarter 2022 results: EPS: ₹8.25 (up from ₹6.13 in 1Q 2021). Revenue: ₹44.5b (up 48% from 1Q 2021). Net income: ₹2.77b (up 35% from 1Q 2021). Profit margin: 6.2% (down from 6.9% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
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. 4 experienced directors. 3 highly experienced directors. Additional Independent Director Bob Tonti was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 10
Full year 2021 earnings released: EPS: ₹17.25 (vs ₹16.60 in FY 2020) Full year 2021 results: EPS: ₹17.25 (up from ₹16.60 in FY 2020). Revenue: ₹145.3b (up 39% from FY 2020). Net income: ₹5.80b (up 3.9% from FY 2020). Profit margin: 4.0% (down from 5.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Aankondiging • Apr 09
Rain Industries Limited, Annual General Meeting, May 06, 2022 Rain Industries Limited, Annual General Meeting, May 06, 2022, at 11:00 Indian Standard Time. Agenda: To consider and adopt the Standalone Audited Financial Statements of the Company for the Financial Year ended December 31, 2021 and reports of Board and Auditors thereon; to consider and adopt the Consolidated Audited Financial Statements of the Company for the Financial Year ended December 31, 2021 and Report of Auditors thereon; to approve and ratify interim dividend of INR 1 per equity share for the financial year ended 31st December, 2021; and to consider other matters. Aankondiging • Apr 02
Rain Industries Limited to Report Q1, 2022 Results on May 04, 2022 Rain Industries Limited announced that they will report Q1, 2022 results on May 04, 2022 Board Change • Apr 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. 4 experienced directors. 3 highly experienced directors. Additional Independent Director Bob Tonti was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 02
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. 4 experienced directors. 3 highly experienced directors. Additional Independent Director Bob Tonti was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 27
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: ₹17.25 (up from ₹16.60 in FY 2020). Revenue: ₹147.2b (up 41% from FY 2020). Net income: ₹5.80b (up 3.9% from FY 2020). Profit margin: 3.9% (down from 5.3% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 9.5%. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 29% per year. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹183, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 105% over the past three years. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 15% share price gain to ₹233, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 83% over the past three years. Upcoming Dividend • Nov 04
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 11 November 2021. Payment date: 23 November 2021. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (0.7%). Reported Earnings • Nov 01
Third quarter 2021 earnings released: EPS ₹7.00 (vs ₹3.51 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹38.5b (up 50% from 3Q 2020). Net income: ₹2.36b (up 99% from 3Q 2020). Profit margin: 6.1% (up from 4.6% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Executive Departure • Oct 10
Independent Chairman Hira Zutshi has left the company On the 30th of September, Hira Zutshi's tenure as Independent Chairman ended after 2.5 years in the role. We don't have any record of a personal shareholding under Hira's name. Hira is the only executive to leave the company over the last 12 months. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improved over the past week After last week's 15% share price gain to ₹243, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 36% over the past three years. Director Overboarding • Aug 11
Director Radhika Haribhakti has joined 5th company board Independent Director Radhika Haribhakti has been appointed to the board of Torrent Power Limited (NSEI:TORNTPOWER). Haribhakti now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 11
Director Radhika Haribhakti has joined 5th company board Independent Director Radhika Haribhakti has been appointed to the board of Torrent Power Limited (NSEI:TORNTPOWER). Haribhakti now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 11
Director Radhika Haribhakti has joined 5th company board Independent Director Radhika Haribhakti has been appointed to the board of Torrent Power Limited (NSEI:TORNTPOWER). Haribhakti now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 11
Director Radhika Haribhakti has joined 5th company board Independent Director Radhika Haribhakti has been appointed to the board of Torrent Power Limited (NSEI:TORNTPOWER). Haribhakti now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 11
Director Radhika Haribhakti has joined 5th company board Independent Director Radhika Haribhakti has been appointed to the board of Torrent Power Limited (NSEI:TORNTPOWER). Haribhakti now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 11
Director Radhika Haribhakti has joined 5th company board Independent Director Radhika Haribhakti has been appointed to the board of Torrent Power Limited (NSEI:TORNTPOWER). Haribhakti now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 11
Director Radhika Haribhakti has joined 5th company board Independent Director Radhika Haribhakti has been appointed to the board of Torrent Power Limited (NSEI:TORNTPOWER). Haribhakti now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Reported Earnings • Aug 02
Second quarter 2021 earnings released: EPS ₹7.00 (vs ₹0.79 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹36.8b (up 56% from 2Q 2020). Net income: ₹2.35b (up ₹2.09b from 2Q 2020). Profit margin: 6.4% (up from 1.1% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 18% share price gain to ₹227, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 24% over the past three years. Aankondiging • May 11
Rain Industries Limited Approves Interim Dividend for the Financial Year Ended 31 December 2020 Rain Industries Limited approved and ratified interim dividend of INR 1 per equity share for the financial year ended 31 December 2020. Reported Earnings • May 01
First quarter 2021 earnings released: EPS ₹6.13 (vs ₹3.17 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₹30.5b (up 5.3% from 1Q 2020). Net income: ₹2.06b (up 94% from 1Q 2020). Profit margin: 6.8% (up from 3.7% in 1Q 2020). 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 17% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 11
Full year 2020 earnings released: EPS ₹16.60 (vs ₹11.64 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ₹104.6b (down 15% from FY 2019). Net income: ₹5.58b (up 43% from FY 2019). Profit margin: 5.3% (up from 3.2% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 26
Full year 2020 earnings released: EPS ₹16.60 (vs ₹11.64 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ₹109.2b (down 12% from FY 2019). Net income: ₹5.58b (up 43% from FY 2019). Profit margin: 5.1% (up from 3.2% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Aankondiging • Feb 26
Rain Industries Limited, Annual General Meeting, May 10, 2021 Rain Industries Limited, Annual General Meeting, May 10, 2021, at 11:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improved over the past week After last week's 18% share price gain to ₹167, the stock is trading at a trailing P/E ratio of 15.3x, up from the previous P/E ratio of 12.9x. This compares to an average P/E of 16x in the Chemicals industry in India. Total return to shareholders over the past three years is a loss of 53%. Is New 90 Day High Low • Feb 23
New 90-day high: ₹155 The company is up 33% from its price of ₹116 on 25 November 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 11% over the same period. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improved over the past week After last week's 22% share price gain to ₹154, the stock is trading at a trailing P/E ratio of 14.1x, up from the previous P/E ratio of 11.6x. This compares to an average P/E of 19x in the Chemicals industry in India. Total return to shareholders over the past three years is a loss of 65%. Aankondiging • Jan 01
Rain Industries Limited to Report Q4, 2020 Results on Feb 25, 2021 Rain Industries Limited announced that they will report Q4, 2020 results on Feb 25, 2021 Valuation Update With 7 Day Price Move • Jan 01
Investor sentiment improved over the past week After last week's 16% share price gain to ₹144, the stock is trading at a trailing P/E ratio of 13.2x, up from the previous P/E ratio of 11.4x. This compares to an average P/E of 18x in the Chemicals industry in India. Total return to shareholders over the past three years is a loss of 65%. Is New 90 Day High Low • Jan 01
New 90-day high: ₹144 The company is up 39% from its price of ₹103 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 20% over the same period. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹114, the stock is trading at a trailing P/E ratio of 10.4x, down from the previous P/E ratio of 12.4x. This compares to an average P/E of 17x in the Chemicals industry in India. Total return to shareholders over the past three years is a loss of 68%. Valuation Update With 7 Day Price Move • Dec 07
Market bids up stock over the past week After last week's 17% share price gain to ₹135, the stock is trading at a trailing P/E ratio of 12.4x, up from the previous P/E ratio of 10.6x. This compares to an average P/E of 17x in the Chemicals industry in India. Total return to shareholders over the past three years is a loss of 62%. Is New 90 Day High Low • Dec 02
New 90-day high: ₹122 The company is up 4.0% from its price of ₹117 on 03 September 2020. The Indian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 12% over the same period. Valuation Update With 7 Day Price Move • Nov 24
Market bids up stock over the past week After last week's 16% share price gain to ₹120, the stock is trading at a trailing P/E ratio of 11.1x, up from the previous P/E ratio of 9.6x. This compares to an average P/E of 16x in the Chemicals industry in India. Total return to shareholders over the past three years is a loss of 64%. Reported Earnings • Nov 02
Third quarter 2020 earnings released: EPS ₹3.51 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ₹25.7b (down 14% from 3Q 2019). Net income: ₹1.18b (up 44% from 3Q 2019). Profit margin: 4.6% (up from 2.7% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year whereas the company’s share price has fallen by 32% per year. Aankondiging • Oct 01
Rain Industries Limited to Report Q3, 2020 Results on Oct 30, 2020 Rain Industries Limited announced that they will report Q3, 2020 results on Oct 30, 2020