Board Change • Jun 01
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. Non-Executive & Independent Director Vinod Gulrajani was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 25
Fraser and Company Limited to Report Q4, 2026 Results on May 29, 2026 Fraser and Company Limited announced that they will report Q4, 2026 results on May 29, 2026 Announcement • Feb 06
Fraser and Company Limited to Report Q3, 2026 Results on Feb 13, 2026 Fraser and Company Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 13, 2026 Announcement • Nov 10
Fraser and Company Limited to Report Q2, 2026 Results on Nov 14, 2025 Fraser and Company Limited announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Oct 16
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 6.8% 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 Earnings have declined by 62% per year over the past 5 years. Revenue is less than US$1m (₹2.2m revenue, or US$25k). Market cap is less than US$10m (₹66.1m market cap, or US$751.9k). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Announcement • Aug 29
Fraser and Company Limited, Annual General Meeting, Sep 26, 2025 Fraser and Company Limited, Annual General Meeting, Sep 26, 2025, at 11:30 Indian Standard Time. Announcement • Aug 06
Fraser and Company Limited to Report Q1, 2026 Results on Aug 12, 2025 Fraser and Company Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • Jun 02
Full year 2025 earnings released: ₹1.94 loss per share (vs ₹1.30 loss in FY 2024) Full year 2025 results: ₹1.94 loss per share (further deteriorated from ₹1.30 loss in FY 2024). Net loss: ₹15.8m (loss widened 50% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Announcement • May 21
Fraser and Company Limited to Report Q4, 2025 Results on May 30, 2025 Fraser and Company Limited announced that they will report Q4, 2025 results on May 30, 2025 New Risk • May 21
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 8.4% 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 Earnings have declined by 54% per year over the past 5 years. Revenue is less than US$1m (₹2.2m revenue, or US$26k). Market cap is less than US$10m (₹58.0m market cap, or US$677.3k). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Reported Earnings • Feb 16
Third quarter 2025 earnings released: ₹0.07 loss per share (vs ₹0.20 loss in 3Q 2024) Third quarter 2025 results: ₹0.07 loss per share (improved from ₹0.20 loss in 3Q 2024). Net loss: ₹610.0k (loss narrowed 63% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 129 percentage points per year, which is a significant difference in performance. Announcement • Feb 07
Fraser and Company Limited to Report Q3, 2025 Results on Feb 13, 2025 Fraser and Company Limited announced that they will report Q3, 2025 results on Feb 13, 2025 Announcement • Nov 09
Fraser and Company Limited to Report Q2, 2025 Results on Nov 13, 2024 Fraser and Company Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Board Change • Sep 07
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Non-Executive Independent Director Rajkumar Purohit is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Sep 02
Fraser and Company Limited, Annual General Meeting, Sep 26, 2024 Fraser and Company Limited, Annual General Meeting, Sep 26, 2024, at 11:30 Indian Standard Time. Announcement • Aug 06
Fraser and Company Limited to Report Q1, 2025 Results on Aug 13, 2024 Fraser and Company Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Announcement • Jul 01
Fraser and Company Limited Announces Resignation of Kanchan S. Gupta, Chief Financial Officer Fraser and Company Limited at the meeting of the Board of Directors to be held on July 09, 2024, to take note of resignation received from Ms. Kanchan S. Gupta, Chief Financial Officer. New Risk • Feb 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 8.0% 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 Earnings have declined by 5.3% per year over the past 5 years. Revenue is less than US$1m (₹263k revenue, or US$3.2k). Market cap is less than US$10m (₹44.8m market cap, or US$540.8k). Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change). Reported Earnings • Feb 16
Third quarter 2024 earnings released: ₹0.20 loss per share (vs ₹0.04 loss in 3Q 2023) Third quarter 2024 results: ₹0.20 loss per share (further deteriorated from ₹0.04 loss in 3Q 2023). Net loss: ₹1.65m (loss widened 432% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Sep 02
Fraser and Company Limited, Annual General Meeting, Sep 30, 2023 Fraser and Company Limited, Annual General Meeting, Sep 30, 2023, at 11:00 Indian Standard Time. New Risk • Aug 19
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: ₹39m (US$467k) This is considered a major risk. Companies with a small amount of revenue 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 Risks Revenue is less than US$1m (₹39m revenue, or US$467k). Market cap is less than US$10m (₹46.1m market cap, or US$554.5k). Minor Risk Profit margins are more than 30% lower than last year (0.2% net profit margin). Reported Earnings • Aug 19
First quarter 2024 earnings released: ₹0.19 loss per share (vs ₹0.23 profit in 1Q 2023) First quarter 2024 results: ₹0.19 loss per share (down from ₹0.23 profit in 1Q 2023). Net loss: ₹1.51m (down 183% from profit in 1Q 2023). 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 24% per year, which means it is well ahead of earnings. Announcement • Aug 09
Fraser and Company Limited to Report Q1, 2024 Results on Aug 14, 2023 Fraser and Company Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹6.57, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 28x in the Trade Distributors industry in India. Total returns to shareholders of 92% over the past three years. Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: ₹0.42 (vs ₹1.43 in FY 2022) Full year 2023 results: EPS: ₹0.42 (down from ₹1.43 in FY 2022). Revenue: ₹128.1m (down 74% from FY 2022). Net income: ₹3.42m (down 71% from FY 2022). Profit margin: 2.7% (up from 2.4% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 25
Fraser and Company Limited to Report Q4, 2023 Results on May 30, 2023 Fraser and Company Limited announced that they will report Q4, 2023 results on May 30, 2023 Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹6.06, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 24x in the Trade Distributors industry in India. Total returns to shareholders of 171% over the past three years. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹8.02, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 22x in the Trade Distributors industry in India. Total returns to shareholders of 183% over the past three years. Reported Earnings • Feb 14
Third quarter 2023 earnings released: ₹0.04 loss per share (vs ₹0.21 profit in 3Q 2022) Third quarter 2023 results: ₹0.04 loss per share (down from ₹0.21 profit in 3Q 2022). Revenue: ₹2.43m (down 97% from 3Q 2022). Net loss: ₹310.0k (down 118% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Feb 13
Fraser and Company Limited Reconstitutes Committees Fraser and Company Limited announced that at the board meeting held on February 13, 2023 approved the reconstitution of Committees with immediate effect as follows: Audit Committee: Mr. Durgaprasad Dattaram Prabhu; Mr. Vinod Gopaldas Gulrajani & Mr. Kaustubh Ravindra Shetye as Non-Executive Independent Director (Chairman); Non-Executive Independent Director and Executive Director respectively; Nomination and Remuneration Committee: Mr. Vinod Gopaldas Gulrajani; Mr. Durgaprasad Dattaram Prabhu & Mr. Raj Kumar Rajpurohit as Non-Executive Independent Director (Chairman); Non-Executive Independent Director & Non-Executive Independent Director respectively; Stakeholder Relationship Committee: Mr. Durgaprasad Dattaram Prabhu; Mr. Omkar Rajkumar Shivhare & Mr. Kaustubh Ravindra Shetye as Non-Executive Independent Director (Chairman); Executive Director and Executive Director respectively; Internal Complaints Committee: Mrs. Yogeeta Rajkumar Shivhare; Mr. Omkar Rajkumar Shivhare & Ms. Neha Bisht as Chairperson and Presiding Officer; Internal Member & Internal Member. Announcement • Feb 08
Fraser and Company Limited to Report Q3, 2023 Results on Feb 13, 2023 Fraser and Company Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Announcement • Dec 29
Fraser and Company Limited Announces Executive Changes Fraser and Company Limited at its board meeting held on December 28, 2022, approved the appointment of Ms. Yogeeta Rajkumar Shivhare and Mr. Kaustubh Ravindra Shetye as Additional Director/s of the Company to hold office with effect from 28th December 2022 and shall hold office upto the date of the upcoming Annual General Meeting of the Company. The appointment of Mr. Durgaprasad Dattaram Prabhu and Mr. Rajkumar Raj Purohit as Additional Director/s (Non-Executive & Independent) on the Board of the Company effective from December 28, 2022 to hold office till the conclusion of the next Annual General Meeting and subject to the approval of the members in the upcoming General Meeting, for appointment as an Independent Director to hold office for a term upto 5 consecutive years from the date of upcoming general meeting. Ms. Yogeeta Rajkumar Shivhare is possessing requisite qualification and skills for the said post. She has rich and varied Business Experience of 15 years. Mr. Kaustubh Ravindra Shetye is possessing requisite qualification and skills for the said post. He has rich and varied Business Experience of 10 years. Mr. Durgaprasad Dattaram Prabhu is possessing requisite qualification and skills for the said post. He has rich and varied Business Experience of 25 years. Mr. Rajkumar Raj Purohit is possessing requisite qualification and skills for the said post. He has rich and varied Business Experience of 20 years. Announcement • Dec 27
Fraser and Company Limited Appoints Vinod Gopaldas Gulrajani as an Additional Director (Non- Executive & Independent) The board of directors of Fraser and Company Limited meeting held on December 26, 2022, approved the appointment of appoint Mr. Vinod Gopaldas Gulrajani as an Additional Director (Non- Executive & Independent) on the Board of the Company, with effect from December 26, 2022 to hold office till the conclusion of the next Annual General Meeting and subject to the approval of the members in the upcoming General Meeting, for appointment as an Independent Director to hold office for a term upto 5 consecutive years from the date of upcoming general meeting. Mr. Vinod Gopaldas Gulrajani is possessing requisite qualification and skills for the said post. He has rich and varied Business Experience of 30 years. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹7.29, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 24x in the Trade Distributors industry in India. Total loss to shareholders of 51% over the past three years. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improved over the past week After last week's 16% share price gain to ₹7.11, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 22x in the Trade Distributors industry in India. Total loss to shareholders of 50% over the past three years. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non Executive Director Shailendra Yadav was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 06
Fraser and Company Limited to Report Q2, 2023 Results on Nov 14, 2022 Fraser and Company Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Announcement • Sep 30
Fraser and Company Limited Do Not Approves to Reappoint Mr. Vaibhav Raj Kumar Shivhare as Director Fraser and Company Limited announced that at its AGM held on September 28, 2022, Not approved to reappoint Mr. Vaibhav Raj kumar Shivhare (DIN:07908913) Director retiring by rotation. Reported Earnings • Sep 06
Full year 2022 earnings released: EPS: ₹1.43 (vs ₹1.30 in FY 2021) Full year 2022 results: EPS: ₹1.43 (up from ₹1.30 in FY 2021). Revenue: ₹491.9m (up 32% from FY 2021). Net income: ₹11.6m (up 10% from FY 2021). Profit margin: 2.4% (down from 2.8% 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 39% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Aug 07
Fraser and Company Limited to Report Q1, 2023 Results on Aug 13, 2022 Fraser and Company Limited announced that they will report Q1, 2023 results on Aug 13, 2022 Announcement • Jul 13
Fraser and Company Limited Appoints Shailendra H Yadav as Independent Director The board of directors of Fraser and Company Limited at their meeting held on July 12, 2022, have approved the appointment of Mr. Shailendra H Yadav as an independent director (additional director) on the board of director of the company. Shailendra shall hold office as an independent director (additional director) for a period of 5 years subject to the approval of the shareholders at the next annual general meeting of the company. He has done Graduate from Mumbai university. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improved over the past week After last week's 16% share price gain to ₹8.57, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 22x in the Trade Distributors industry in India. Total returns to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improved over the past week After last week's 19% share price gain to ₹8.62, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 21x in the Trade Distributors industry in India. Total returns to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • May 25
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹7.08, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 20x in the Trade Distributors industry in India. Total loss to shareholders of 12% over the past three years. Announcement • May 23
Fraser and Company Limited to Report Fiscal Year 2022 Results on May 30, 2022 Fraser and Company Limited announced that they will report fiscal year 2022 results on May 30, 2022 Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CFO & Whole Time Director Slesha Ghosh was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 17% share price gain to ₹9.43, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 21x in the Trade Distributors industry in India. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹7.99, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 20x in the Trade Distributors industry in India. Total returns to shareholders of 69% over the past year. Recent Insider Transactions • Jan 13
Insider recently sold ₹7.3m worth of stock On the 11th of January, Yogita Shivhare sold around 540k shares on-market at roughly ₹13.52 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹11m more than they bought in the last 12 months. Reported Earnings • Jan 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.21 (down from ₹0.55 in 3Q 2021). Revenue: ₹87.8m (down 35% from 3Q 2021). Net income: ₹1.73m (down 61% from 3Q 2021). Profit margin: 2.0% (down from 3.3% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹11.91, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 23x in the Trade Distributors industry in India. Total returns to shareholders of 20% over the past three years. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 26% share price gain to ₹13.90, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 22x in the Trade Distributors industry in India. Total returns to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹8.66, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 30x in the Trade Distributors industry in India. Total loss to shareholders of 21% over the past three years. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improved over the past week After last week's 27% share price gain to ₹12.59, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 33x in the Trade Distributors industry in India. Total returns to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹10.32, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 29x in the Trade Distributors industry in India. Total loss to shareholders of 2.0% over the past three years. Executive Departure • Aug 25
Whole-Time Director Prakash Temkar has left the company On the 17th of August, Prakash Temkar's tenure as Whole-Time Director ended after 3.3 years in the role. We don't have any record of a personal shareholding under Prakash's name. Prakash is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.46 years. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹7.59, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 31x in the Trade Distributors industry in India. Total loss to shareholders of 24% over the past three years. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹0.38 (vs ₹0.02 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹148.0m (up ₹132.3m from 1Q 2021). Net income: ₹3.05m (up ₹2.87m from 1Q 2021). Profit margin: 2.1% (up from 1.1% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹7.37, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 38x in the Trade Distributors industry in India. Total loss to shareholders of 8.1% over the past three years. Reported Earnings • Jul 02
Full year 2021 earnings released: EPS ₹1.30 (vs ₹0.88 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: ₹372.5m (up 48% from FY 2020). Net income: ₹10.5m (up 47% from FY 2020). Profit margin: 2.8% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improved over the past week After last week's 21% share price gain to ₹6.99, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 31x in the Trade Distributors industry in India. Total returns to shareholders of 15% over the past three years. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improved over the past week After last week's 18% share price gain to ₹5.14, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 22x in the Trade Distributors industry in India. Total loss to shareholders of 1.7% over the past three years. Is New 90 Day High Low • Mar 09
New 90-day low: ₹4.52 The company is down 12% from its price of ₹5.13 on 09 December 2020. The Indian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 84% over the same period. Announcement • Feb 13
Fraser and Company Limited Announces Board Appointments Fraser and Company Limited at its board meeting held on February 12, 2021 approved the appointment of Mr. Vaibhav Rajkumar Shivhare as additional director and executive director of the company and appointment of Mr. Vikas Jayprakash Singh as additional director and independent director of the company with effect from February 12, 2021. Announcement • Feb 05
Fraser and Company Limited to Report Q3, 2021 Results on Feb 12, 2021 Fraser and Company Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Jan 06
New 90-day high: ₹5.50 The company is up 90% from its price of ₹2.89 on 07 October 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 46% over the same period. Is New 90 Day High Low • Nov 16
New 90-day high: ₹3.53 The company is up 7.0% from its price of ₹3.30 on 18 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 58% over the same period. Reported Earnings • Nov 16
Second quarter 2021 earnings released: EPS ₹0.10 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹55.2m (down 23% from 2Q 2020). Net income: ₹850.0k (down 80% from 2Q 2020). Profit margin: 1.5% (down from 5.8% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 14
Market bids up stock over the past week After last week's 15% share price gain to ₹3.37, the stock is trading at a trailing P/E ratio of 8.4x, up from the previous P/E ratio of 7.3x. This compares to an average P/E of 22x in the Trade Distributors industry in India. Total return to shareholders over the past three years is a loss of 69%. Announcement • Sep 12
Fraser and Company Limited to Report Q1, 2021 Results on Sep 15, 2020 Fraser and Company Limited announced that they will report Q1, 2021 results on Sep 15, 2020