Reported Earnings • Jun 03
Full year 2026 earnings released: ₹7.59 loss per share (vs ₹6.07 loss in FY 2025) Full year 2026 results: ₹7.59 loss per share (further deteriorated from ₹6.07 loss in FY 2025). Net loss: ₹21.6m (loss widened 25% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Announcement • May 23
Katare Spinning Mills Limited to Report Q4, 2026 Results on May 30, 2026 Katare Spinning Mills Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026 Reported Earnings • Feb 12
Third quarter 2026 earnings released: ₹1.04 loss per share (vs ₹1.44 loss in 3Q 2025) Third quarter 2026 results: ₹1.04 loss per share (improved from ₹1.44 loss in 3Q 2025). Net loss: ₹2.95m (loss narrowed 28% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 51% 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. Announcement • Jan 30
Katare Spinning Mills Limited to Report Q3, 2026 Results on Feb 06, 2026 Katare Spinning Mills Limited announced that they will report Q3, 2026 results on Feb 06, 2026 New Risk • Nov 28
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 Less than 1 year of cash runway based on free cash flow trend (-₹5.1m free cash flow). Earnings have declined by 22% per year over the past 5 years. Revenue is less than US$1m (₹43m revenue, or US$480k). Market cap is less than US$10m (₹333.0m market cap, or US$3.72m). Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). Reported Earnings • Nov 17
Second quarter 2026 earnings released: ₹1.13 loss per share (vs ₹1.66 loss in 2Q 2025) Second quarter 2026 results: ₹1.13 loss per share (improved from ₹1.66 loss in 2Q 2025). Net loss: ₹3.23m (loss narrowed 32% from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Announcement • Nov 04
Katare Spinning Mills Limited to Report Q2, 2026 Results on Nov 13, 2025 Katare Spinning Mills Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Announcement • Sep 02
Katare Spinning Mills Limited, Annual General Meeting, Sep 29, 2025 Katare Spinning Mills Limited, Annual General Meeting, Sep 29, 2025, at 11:00 Indian Standard Time. Location: 14/30 ground floor, b wing, katare, complex, gandhinagar, b1.no. 10, solapur, India Reported Earnings • Aug 14
First quarter 2026 earnings released: ₹0.92 loss per share (vs ₹1.47 loss in 1Q 2025) First quarter 2026 results: ₹0.92 loss per share (improved from ₹1.47 loss in 1Q 2025). Net loss: ₹2.63m (loss narrowed 37% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Announcement • Aug 04
Katare Spinning Mills Limited to Report Q1, 2026 Results on Aug 11, 2025 Katare Spinning Mills Limited announced that they will report Q1, 2026 results on Aug 11, 2025 Reported Earnings • Jun 02
Full year 2025 earnings released: ₹6.00 loss per share (vs ₹6.57 loss in FY 2024) Full year 2025 results: ₹6.00 loss per share (improved from ₹6.57 loss in FY 2024). Net loss: ₹17.3m (loss narrowed 7.6% from FY 2024). 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. Announcement • May 20
Katare Spinning Mills Limited to Report Q4, 2025 Results on May 30, 2025 Katare Spinning Mills Limited announced that they will report Q4, 2025 results on May 30, 2025 New Risk • Apr 30
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 8.6% 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 Less than 1 year of cash runway based on free cash flow trend (-₹2.2m free cash flow). Earnings have declined by 4.9% per year over the past 5 years. Revenue is less than US$1m (₹46m revenue, or US$543k). Market cap is less than US$10m (₹498.8m market cap, or US$5.86m). Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Announcement • Jan 29
Katare Spinning Mills Limited to Report Q3, 2025 Results on Feb 06, 2025 Katare Spinning Mills Limited announced that they will report Q3, 2025 results on Feb 06, 2025 New Risk • Jan 03
New major risk - Revenue and earnings growth Earnings have declined by 0.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹2.7m free cash flow). Earnings have declined by 0.8% per year over the past 5 years. Revenue is less than US$1m (₹41m revenue, or US$477k). Market cap is less than US$10m (₹600.5m market cap, or US$7.00m). Announcement • Nov 05
Katare Spinning Mills Limited to Report Q2, 2025 Results on Nov 12, 2024 Katare Spinning Mills Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Announcement • Aug 30
Katare Spinning Mills Limited, Annual General Meeting, Sep 27, 2024 Katare Spinning Mills Limited, Annual General Meeting, Sep 27, 2024, at 11:00 Indian Standard Time. Location: 14/30 ground floor, b wing, katare, gandhinagar, bl. no. 10 solapur, mh- 413006, solapur India Reported Earnings • Aug 11
First quarter 2025 earnings released: ₹1.47 loss per share (vs ₹0.73 loss in 1Q 2024) First quarter 2025 results: ₹1.47 loss per share (further deteriorated from ₹0.73 loss in 1Q 2024). Net loss: ₹4.19m (loss widened 102% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 205 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 05
Full year 2024 earnings released: ₹6.57 loss per share (vs ₹5.31 loss in FY 2023) Full year 2024 results: ₹6.57 loss per share (further deteriorated from ₹5.31 loss in FY 2023). Net loss: ₹18.7m (loss widened 24% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 155% per year, which means it is well ahead of earnings. Announcement • May 24
Katare Spinning Mills Limited to Report Q4, 2024 Results on May 30, 2024 Katare Spinning Mills Limited announced that they will report Q4, 2024 results on May 30, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released Third quarter 2024 results: Net loss: ₹35.0k (loss narrowed 100% from 3Q 2023). Announcement • Jan 30
Katare Spinning Mills Limited to Report Q3, 2024 Results on Feb 06, 2024 Katare Spinning Mills Limited announced that they will report Q3, 2024 results on Feb 06, 2024 Announcement • Nov 04
Katare Spinning Mills Limited to Report Q2, 2024 Results on Nov 10, 2023 Katare Spinning Mills Limited announced that they will report Q2, 2024 results on Nov 10, 2023 Announcement • Aug 31
Katare Spinning Mills Limited, Annual General Meeting, Sep 29, 2023 Katare Spinning Mills Limited, Annual General Meeting, Sep 29, 2023, at 11:00 Indian Standard Time. Location: 14/30 Ground Floor, B Wing, Katare Complex, Gandhinagar, Bl. No. 10, Solapur Maharashtra India Agenda: To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2023 and Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and the Auditors of the Company; to re-appoint Mrs. Vidyavati K Katare and to consider other matters. Reported Earnings • Aug 18
First quarter 2024 earnings released: ₹0.73 loss per share (vs ₹0.72 profit in 1Q 2023) First quarter 2024 results: ₹0.73 loss per share (down from ₹0.72 profit in 1Q 2023). Net loss: ₹2.07m (down 201% from profit in 1Q 2023). Reported Earnings • Jun 04
Full year 2023 earnings released: ₹5.30 loss per share (vs ₹27.79 profit in FY 2022) Full year 2023 results: ₹5.30 loss per share (down from ₹27.79 profit in FY 2022). Net loss: ₹15.1m (down 119% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has increased by 145% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 23
Katare Spinning Mills Limited to Report Q4, 2023 Results on May 30, 2023 Katare Spinning Mills Limited announced that they will report Q4, 2023 results on May 30, 2023 Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹244, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 1,653% over the past three years. Reported Earnings • Feb 12
Third quarter 2023 earnings released: ₹2.46 loss per share (vs ₹0.73 loss in 3Q 2022) Third quarter 2023 results: ₹2.46 loss per share (further deteriorated from ₹0.73 loss in 3Q 2022). Net loss: ₹7.02m (loss widened 238% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has increased by 126% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 02
Katare Spinning Mills Limited to Report Q3, 2023 Results on Feb 10, 2023 Katare Spinning Mills Limited announced that they will report Q3, 2023 results at 12:15 PM, Indian Standard Time on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹2.47 (vs ₹9.70 in 2Q 2022) Second quarter 2023 results: EPS: ₹2.47 (down from ₹9.70 in 2Q 2022). Net income: ₹7.03m (down 75% from 2Q 2022). Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Non-Executive & Independent Director Prakash Joti was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: ₹2.47 (vs ₹9.70 in 2Q 2022) Second quarter 2023 results: EPS: ₹2.47 (down from ₹9.70 in 2Q 2022). Net income: ₹7.03m (down 75% from 2Q 2022). Announcement • Nov 11
Katare Spinning Mills Limited Approves the Appointment of Bhagyashree Rawani as Company Secretary of the Company Katare Spinning Mills Limited at its board meeting held on November 10, 2022, approved the appointment of Mrs. Bhagyashree Rawani as Company Secretary of the Company, effective November 10, 2022. Mrs. Bhagyashree Rawani did ACS and B.com and having Post Qualification experience of more than 1 years in handling various secretarial, legal and corporate affairs. Announcement • Nov 07
Katare Spinning Mills Limited Announce the Resignation of Manish Prakash Kakrai as Company Secretary Katare Spinning Mills Limited announced that Mr. Manish Prakash Kakrai has resigned as Company secretary with effect from November 3, 2022. Announcement • Nov 05
Katare Spinning Mills Limited to Report Q2, 2023 Results on Nov 10, 2022 Katare Spinning Mills Limited announced that they will report Q2, 2023 results at 12:15 PM, Indian Standard Time on Nov 10, 2022 Reported Earnings • Sep 08
Full year 2022 earnings released Full year 2022 results: Net income: ₹79.2m (up ₹96.6m from FY 2021). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has increased by 232% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 02
Katare Spinning Mills Limited, Annual General Meeting, Sep 29, 2022 Katare Spinning Mills Limited, Annual General Meeting, Sep 29, 2022, at 11:00 Indian Standard Time. Location: 14/30 Ground Floor, B Wing, Katare Complex, Gandhinagar, Bl. No. 10 Solapur India Agenda: To receive, consider and adopt the Audited Balance Sheet as at 31 March 2022 and Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and the Auditors of the Company; to re-appoint Mr. Umakant Mahindrakar, who retires by rotation and being eligible, seeks re-appointment; to appoint the Statutory Auditor in terms of Section 139 of the Companies Act, 2013 and fixing their remuneration; and to consider other matters. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 15% share price gain to ₹416, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 4,059% over the past three years. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improved over the past week After last week's 21% share price gain to ₹268, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 2,137% over the past three years. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹266, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 1,838% over the past three years. Reported Earnings • Jun 05
Full year 2022 earnings released: EPS: ₹27.79 (vs ₹6.10 loss in FY 2021) Full year 2022 results: EPS: ₹27.79 (up from ₹6.10 loss in FY 2021). Net income: ₹79.2m (up ₹96.6m from FY 2021). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has increased by 213% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 22
Katare Spinning Mills Limited to Report Q4, 2022 Results on May 30, 2022 Katare Spinning Mills Limited announced that they will report Q4, 2022 results on May 30, 2022 Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. 2 independent directors (4 non-independent directors). Non-Executive & Independent Director Prakash Joti was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Mar 04
Katare Spinning Mills Limited Announces Appointment of Manish Prakash Kakrai as Company Secretary Katare Spinning Mills Limited announced that the board of directors of the company approved the Appointment of Mr. Manish Prakash Kakrai as a Company Secretary of the Company to perform the duties of a Company Secretary as required under the Companies Act, 2013 with effect from March 2, 2022. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improved over the past week After last week's 23% share price gain to ₹108, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 1,078% over the past three years. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improved over the past week After last week's 27% share price gain to ₹27.35, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 214% over the past three years. Board Change • Dec 14
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Non-Executive & Independent Director Prakash Joti was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 30
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Additional Non-Executive & Independent Director Prakash Joti was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 06
Full year 2021 earnings released The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: ₹105.7m (down 66% from FY 2020). Net loss: ₹17.4m (loss narrowed 22% from FY 2020). Executive Departure • Apr 20
Company Secretary & Compliance Officer has left the company On the 12th of April, Arati Bandi's tenure as Company Secretary & Compliance Officer ended after 2.0 years in the role. We don't have any record of a personal shareholding under Arati's name. Arati is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Mar 12
New 90-day low: ₹14.36 The company is down 7.0% from its price of ₹15.46 on 07 December 2020. The Indian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 12% over the same period. Is New 90 Day High Low • Feb 09
New 90-day low: ₹14.65 The company is down 5.0% from its price of ₹15.46 on 09 November 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 21% over the same period. Announcement • Feb 05
Katare Spinning Mills Limited to Report Q3, 2021 Results on Feb 12, 2021 Katare Spinning Mills Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Oct 25
New 90-day high: ₹15.46 The company is up 2.0% from its price of ₹15.20 on 27 July 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 16% over the same period. Announcement • Sep 01
Katare Spinning Mills Limited to Report Q1, 2021 Results on Aug 31, 2020 Katare Spinning Mills Limited announced that they will report Q1, 2021 results on Aug 31, 2020 Announcement • Jun 28
Katare Spinning Mills Limited to Report Q4, 2020 Results on Jun 30, 2020 Katare Spinning Mills Limited announced that they will report Q4, 2020 results on Jun 30, 2020 
