Reported Earnings • May 14
Full year 2026 earnings released: EPS: ₹9.29 (vs ₹9.80 in FY 2025) Full year 2026 results: EPS: ₹9.29 (down from ₹9.80 in FY 2025). Revenue: ₹3.08b (up 12% from FY 2025). Net income: ₹146.3m (down 5.2% from FY 2025). Profit margin: 4.8% (down from 5.6% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Aankondiging • May 06
Worth Peripherals Limited to Report Q4, 2026 Results on May 12, 2026 Worth Peripherals Limited announced that they will report Q4, 2026 results on May 12, 2026 Buy Or Sell Opportunity • May 04
Now 22% overvalued Over the last 90 days, the stock has fallen 3.3% to ₹136. The fair value is estimated to be ₹112, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Apr 10
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 1.1% to ₹138. The fair value is estimated to be ₹112, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Mar 06
Now 20% overvalued Over the last 90 days, the stock has fallen 6.2% to ₹133. The fair value is estimated to be ₹110, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Reported Earnings • Jan 30
Third quarter 2026 earnings released: EPS: ₹2.02 (vs ₹2.60 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.02 (down from ₹2.60 in 3Q 2025). Revenue: ₹752.9m (up 11% from 3Q 2025). Net income: ₹31.8m (down 22% from 3Q 2025). Profit margin: 4.2% (down from 6.0% 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 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Aankondiging • Jan 22
Worth Peripherals Limited to Report Q3, 2026 Results on Jan 29, 2026 Worth Peripherals Limited announced that they will report Q3, 2026 results on Jan 29, 2026 Reported Earnings • Nov 07
Second quarter 2026 earnings released: EPS: ₹2.90 (vs ₹1.93 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.90 (up from ₹1.93 in 2Q 2025). Revenue: ₹788.2m (up 12% from 2Q 2025). Net income: ₹45.6m (up 50% from 2Q 2025). Profit margin: 5.8% (up from 4.3% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Aankondiging • Oct 29
Worth Peripherals Limited to Report Q2, 2026 Results on Nov 06, 2025 Worth Peripherals Limited announced that they will report Q2, 2026 results on Nov 06, 2025 Upcoming Dividend • Sep 09
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 16 September 2025. Payment date: 22 October 2025. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.9%). Aankondiging • Sep 02
Worth Peripherals Limited announces Annual dividend, payable on October 22, 2025 Worth Peripherals Limited announced Annual dividend of INR 1.0000 per share payable on October 22, 2025, ex-date on September 16, 2025 and record date on September 16, 2025. Reported Earnings • Aug 12
First quarter 2026 earnings released: EPS: ₹2.18 (vs ₹2.10 in 1Q 2025) First quarter 2026 results: EPS: ₹2.18 (up from ₹2.10 in 1Q 2025). Revenue: ₹762.3m (up 15% from 1Q 2025). Net income: ₹34.4m (up 4.1% from 1Q 2025). Profit margin: 4.5% (down from 5.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Aankondiging • Aug 06
Worth Peripherals Limited, Annual General Meeting, Sep 23, 2025 Worth Peripherals Limited, Annual General Meeting, Sep 23, 2025, at 14:00 Indian Standard Time. New Risk • Jul 23
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 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (₹2.72b market cap, or US$31.5m). Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹173, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 22x in the Packaging industry in India. Total returns to shareholders of 77% over the past three years. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹142, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 21x in the Packaging industry in India. Total returns to shareholders of 38% over the past three years. Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: ₹2.60 (vs ₹1.92 in 3Q 2024) Third quarter 2025 results: EPS: ₹2.60 (up from ₹1.92 in 3Q 2024). Revenue: ₹680.6m (up 14% from 3Q 2024). Net income: ₹41.0m (up 35% from 3Q 2024). Profit margin: 6.0% (up from 5.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Aankondiging • Feb 11
Worth Peripherals Limited Approves the Appointment of G S Agrawal as the Chief Financial Officer, Effect from February 12, 2025 Worth Peripherals Limited Board of Directors in its Meeting held on February 11, 2025, based on the recommendation of the Nomination and Remuneration Committee and Audit Committee, approved the appointment of Mr. G S Agrawal (ICAI Mem No.:71789) as the Chief Financial Officer of the Company designated as Key Managerial Personnel with effect from February 12, 2025, in accordance with provisions of Section 178, 203 of the Companies Act, 2013 and Rules made thereunder and Regulation 26(2A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"). Mr. G S Agrawal aged 63 years, holds Bachelor degree of Commerce (1981), with Masters in Commerce (1983) and Completed his Professional Course of Chartered Accountancy (1985). He has served 38 years in FMGC, Steel and Packaging Industry. Recently he has served with Commercial SYN BAGS LIMITED a listed company as Sr General Manager for more than 6 years. Aankondiging • Dec 30
Worth Peripherals Limited (NSEI:WORTH) completed the acquisition of remaining 9% stake in Worth Wellness Private Limited. Worth Peripherals Limited (NSEI:WORTH) signed a letter of intent to acquire remaining 9% stake in Worth Wellness Private Limited for INR 8.1 million on December 27, 2024. Post the completion, Worth Peripherals will own 89,99,999 shares and 1 share will be held by Raminder Singh Chadha as a Nominee of Worth Peripherals Limited. The shares will be acquired at INR 10 per equity share. Consequently the shareholding of Worth Peripherals Limited will be increased from 91% to 100% and will result into Worth Wellness Private Limited as a Wholly Owned Subsidiary of Worth Peripherals Limited.
For the period ending March 31, 2024, Worth Wellness Private Limited reported nil turnover.
The expected completion of the transaction is December 28, 2024.
Worth Peripherals Limited (NSEI:WORTH) completed the acquisition of remaining 9% stake in Worth Wellness Private Limited on December 28, 2024. New Risk • Dec 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 8.1% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (₹2.30b market cap, or US$26.9m). Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹146, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 29x in the Packaging industry in India. Total returns to shareholders of 61% over the past three years. Aankondiging • Dec 05
Worth Peripherals Limited Approves Company Secretary and Compliance Officer Changes Worth Peripherals Limited at its board of directors meeting held on December 5, 2024, announced that Ms. Radhika Tripathi has tendered her resignation vide letter dated December 01, 2024 from the position of Company Secretary and Compliance Officer (designated as Key Managerial Personnel) of the Company due to personal reasons with effect from closing of business hour of December 04, 2024. The Board of Directors took note of the same on meeting held on December 05, 2024. The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Ms. Nidhi Arjariya as the Company Secretary & Compliance Officer of the Company designated as Key Managerial Personnel with effect from December 5, 2024. Ms. Nidhi Arjariya is an associate member of Institute of Company Secretaries of India having membership no: ACS 54208 and also holds Bachelor's Degree in Commerce and LLB hons. from Devi Ahilya Vishwavidyalaya, lndore. She has previously worked as s company secretary in IMEC Services Limited. She also had worked as a Company Secretary in Indore based Firm. She has around 6 years of experience in the field of Secretarial and Legal Compliances. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹1.93 (vs ₹1.73 in 2Q 2024) Second quarter 2025 results: EPS: ₹1.93 (up from ₹1.73 in 2Q 2024). Revenue: ₹712.8m (up 17% from 2Q 2024). Net income: ₹30.4m (up 12% from 2Q 2024). Profit margin: 4.3% (down from 4.5% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. New Risk • Sep 02
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 8.5% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (₹2.30b market cap, or US$27.4m). Aankondiging • Aug 17
Worth Peripherals Limited Approves Final Dividend for the Financial Year 2023-24 Worth Peripherals Limited announced at annual general meeting held on August 16, 2024, the shareholders approved final dividend of INR 1 per equity share of face value of INR 10 each for the financial year 2023-24. Reported Earnings • Jul 28
Full year 2024 earnings released: EPS: ₹10.08 (vs ₹11.47 in FY 2023) Full year 2024 results: EPS: ₹10.08 (down from ₹11.47 in FY 2023). Revenue: ₹2.38b (down 20% from FY 2023). Net income: ₹158.8m (down 12% from FY 2023). Profit margin: 6.7% (up from 6.1% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Declared Dividend • Jul 27
Dividend of ₹1.00 announced Dividend of ₹1.00 is the same as last year. Ex-date: 9th August 2024 Payment date: 16th September 2024 Dividend yield will be 0.8%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (10% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 4.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Aankondiging • Jul 25
Worth Peripherals Limited, Annual General Meeting, Aug 16, 2024 Worth Peripherals Limited, Annual General Meeting, Aug 16, 2024, at 14:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹143, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 28x in the Packaging industry in India. Total returns to shareholders of 36% over the past three years. Board Change • Jul 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. 4 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Alok Jain 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 • May 29
Full year 2024 earnings released: EPS: ₹10.08 (vs ₹11.47 in FY 2023) Full year 2024 results: EPS: ₹10.08 (down from ₹11.47 in FY 2023). Revenue: ₹2.47b (down 17% from FY 2023). Net income: ₹158.8m (down 12% from FY 2023). Profit margin: 6.4% (up from 6.1% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹1.92 (vs ₹3.14 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.92 (down from ₹3.14 in 3Q 2023). Revenue: ₹606.4m (down 11% from 3Q 2023). Net income: ₹30.3m (down 39% from 3Q 2023). Profit margin: 5.0% (down from 7.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹129, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 23x in the Packaging industry in India. Total returns to shareholders of 121% over the past three years. Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: ₹1.73 (vs ₹2.70 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.73 (down from ₹2.70 in 2Q 2023). Revenue: ₹616.6m (down 22% from 2Q 2023). Net income: ₹27.2m (down 36% from 2Q 2023). Profit margin: 4.4% (down from 5.4% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Oct 07
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 8.9% 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 (8.9% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹1.72b market cap, or US$20.7m). Upcoming Dividend • Aug 15
Upcoming dividend of ₹1.00 per share at 1.0% yield Eligible shareholders must have bought the stock before 22 August 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 8.7% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.4%). In line with average of industry peers (1.0%). Aankondiging • Aug 08
Worth Peripherals Limited, Annual General Meeting, Aug 29, 2023 Worth Peripherals Limited, Annual General Meeting, Aug 29, 2023, at 13:00 Indian Standard Time. Agenda: To consider the Audited Standalone and Consolidated Financial Statements containing the Balance Sheet as at 31 March 2023 the Statement of Profit & Loss and Cash Flow Statement for the Financial Year ended 31 March 2023 and the Board Reports and Auditors Report thereon; to appoint a Director in place of Mrs. Amarveer Kaur Chadha who is liable to retire by rotation; to discuss a Final Dividend for the Financial Year 2022-23; and to discuss other matters. Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: ₹2.25 (vs ₹3.03 in 1Q 2023) First quarter 2024 results: EPS: ₹2.25 (down from ₹3.03 in 1Q 2023). Revenue: ₹607.0m (down 27% from 1Q 2023). Net income: ₹35.5m (down 26% from 1Q 2023). Profit margin: 5.8% (up from 5.7% 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 9% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹116, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 20x in the Packaging industry in India. Total returns to shareholders of 162% over the past three years. Reported Earnings • May 31
Full year 2023 earnings released: EPS: ₹11.47 (vs ₹12.15 in FY 2022) Full year 2023 results: EPS: ₹11.47 (down from ₹12.15 in FY 2022). Revenue: ₹3.00b (up 2.3% from FY 2022). Net income: ₹180.6m (down 5.6% from FY 2022). Profit margin: 6.0% (down from 6.5% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Apr 01
Chairman & MD recently bought ₹575k worth of stock On the 29th of March, Raminder Chadha bought around 7k shares on-market at roughly ₹85.58 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 Raminder's only on-market trade for the last 12 months. Reported Earnings • Feb 09
Third quarter 2023 earnings released: EPS: ₹3.14 (vs ₹4.60 in 3Q 2022) Third quarter 2023 results: EPS: ₹3.14 (down from ₹4.60 in 3Q 2022). Revenue: ₹685.5m (down 9.9% from 3Q 2022). Net income: ₹49.5m (down 32% from 3Q 2022). Profit margin: 7.2% (down from 9.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹2.70 (vs ₹2.55 in 2Q 2022) Second quarter 2023 results: EPS: ₹2.70 (up from ₹2.55 in 2Q 2022). Revenue: ₹789.3m (up 5.7% from 2Q 2022). Net income: ₹42.5m (up 5.9% from 2Q 2022). Profit margin: 5.4% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: ₹2.70 (vs ₹2.55 in 2Q 2022) Second quarter 2023 results: EPS: ₹2.70 (up from ₹2.55 in 2Q 2022). Revenue: ₹792.5m (up 6.1% from 2Q 2022). Net income: ₹42.5m (up 5.9% from 2Q 2022). Profit margin: 5.4% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improved over the past week After last week's 22% share price gain to ₹125, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 16x in the Packaging industry in India. Total returns to shareholders of 170% over the past three years. Upcoming Dividend • Sep 06
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 13 September 2022. Payment date: 21 October 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.9%. Within top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (1.1%). Aankondiging • Aug 28
Worth Peripherals Limited, Annual General Meeting, Sep 21, 2022 Worth Peripherals Limited, Annual General Meeting, Sep 21, 2022, at 13:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements containing the Balance Sheet as at 31st March, 2022, the Statement of Profit & Loss and Cash Flow Statement for the Financial Year ended 31st March, 2022 and the Board Reports and Auditors Report thereon; to appoint a Director in place of Mr. Jayvir Chadha (DIN:02396478), who is liable to retire by rotation and being eligible, offer himself for re-appointment; to declare a Final Dividend for the Financial Year 2021-22; and to consider other matters. Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: ₹3.03 (vs ₹2.49 in 1Q 2022) First quarter 2023 results: EPS: ₹3.03 (up from ₹2.49 in 1Q 2022). Revenue: ₹834.0m (up 19% from 1Q 2022). Net income: ₹47.7m (up 22% from 1Q 2022). Profit margin: 5.7% (up from 5.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 30
Worth Peripherals Limited to Report Q4, 2022 Results on May 28, 2022 Worth Peripherals Limited announced that they will report Q4, 2022 results on May 28, 2022 Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹12.15 (vs ₹10.15 in FY 2021) Full year 2022 results: EPS: ₹12.15 (up from ₹10.15 in FY 2021). Revenue: ₹3.00b (up 38% from FY 2021). Net income: ₹191.4m (up 20% from FY 2021). Profit margin: 6.4% (down from 7.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of 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. 2 highly experienced directors. Non-Executive Independent Director Alok Jain 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 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹4.60 (up from ₹1.60 in 3Q 2021). Revenue: ₹761.0m (up 41% from 3Q 2021). Net income: ₹72.4m (up 187% from 3Q 2021). Profit margin: 9.5% (up from 4.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improved over the past week After last week's 20% share price gain to ₹126, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 17x in the Packaging industry in India. Total returns to shareholders of 93% over the past three years. Board Change • Dec 06
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. 2 highly experienced directors. Non-Executive Independent Director Alok Jain 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. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improved over the past week After last week's 27% share price gain to ₹102, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 19x in the Packaging industry in India. Total returns to shareholders of 67% over the past three years. Reported Earnings • Jun 23
Full year 2021 earnings released: EPS ₹10.15 (vs ₹8.89 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: ₹2.23b (up 27% from FY 2020). Net income: ₹179.4m (up 17% from FY 2020). Profit margin: 8.1% (down from 8.7% 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 14% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improved over the past week After last week's 24% share price gain to ₹81.75, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 14x in the Packaging industry in India. Total returns to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 20% share price gain to ₹57.95, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 11x in the Packaging industry in India. Total loss to shareholders of 34% over the past three years. Reported Earnings • Feb 13
Third quarter 2021 earnings released: EPS ₹1.60 (vs ₹1.75 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ₹542.6m (up 15% from 3Q 2020). Net income: ₹25.2m (down 23% from 3Q 2020). Profit margin: 4.6% (down from 6.9% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 04
New 90-day high: ₹62.95 The company is up 53% from its price of ₹41.15 on 05 November 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 9.0% over the same period. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improved over the past week After last week's 15% share price gain to ₹62.15, the stock is trading at a trailing P/E ratio of 6.4x, up from the previous P/E ratio of 5.5x. This compares to an average P/E of 10x in the Packaging industry in India. Total return to shareholders over the past three years is a loss of 36%. Is New 90 Day High Low • Jan 08
New 90-day high: ₹58.10 The company is up 38% from its price of ₹42.20 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 13% over the same period. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improved over the past week After last week's 17% share price gain to ₹54.95, the stock is trading at a trailing P/E ratio of 5.6x, up from the previous P/E ratio of 4.8x. This compares to an average P/E of 11x in the Packaging industry in India. Total return to shareholders over the past three years is a loss of 46%. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 16% share price gain to ₹52.70, the stock is trading at a trailing P/E ratio of 5.4x, up from the previous P/E ratio of 4.6x. This compares to an average P/E of 11x in the Packaging industry in India. Total return to shareholders over the past three years is a loss of 48%. Is New 90 Day High Low • Dec 16
New 90-day high: ₹50.25 The company is up 14% from its price of ₹44.20 on 17 September 2020. The Indian market is up 15% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Packaging industry, which is up 2.0% over the same period. Is New 90 Day High Low • Sep 23
New 90-day low: ₹40.00 The company is down 11% from its price of ₹45.00 on 25 June 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 25% over the same period.