New Risk • Jun 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹926.3m (US$9.73m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 44% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Revenue is less than US$1m (₹51m revenue, or US$538k). Market cap is less than US$10m (₹926.3m market cap, or US$9.73m). Minor Risk Paying a dividend despite having no free cash flows. New Risk • May 30
New major risk - Revenue and earnings growth Earnings have declined by 44% 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 Earnings have declined by 44% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Revenue is less than US$5m (₹106m revenue, or US$1.1m). Market cap is less than US$100m (₹1.08b market cap, or US$11.4m). Announcement • May 23
Addi Industries Limited to Report Q4, 2026 Results on May 28, 2026 Addi Industries Limited announced that they will report Q4, 2026 results on May 28, 2026 Announcement • Feb 13
Addi Industries Limited Appoints Amandeep as Company Secretary and Compliance Officer, Effective February 13, 2026 Addi Industries Limited has appointed Mr. Amandeep as the Company Secretary and Compliance Officer of the Company, effective February 13, 2026. Mr. Amandeep is a qualified and detail-oriented secretarial professional with hands-on experience in managing end-to-end corporate secretarial functions and ensuring regulatory compliance under the Companies Act, 2013, SEBI Regulations, and other applicable laws. Previously associated with a firm with Secretarial, independently handled board and committee meetings, drafting of resolutions and corporate documents, statutory filings (including MGT-7 and AOC-4), and coordination with regulatory authorities such as ROC, SEBI, and Stock Exchanges. Experienced in corporate restructuring, maintenance of statutory registers, and supporting audit processes. Possesses strong knowledge of corporate laws, compliance frameworks, and governance practices with a proactive and organized approach to regulatory management. Announcement • Feb 11
Rajat Goyal, Neha Agarwal, Rajat Goyal HUF, Sandeep Mittal, Ruchi Mittal and Sandeep Mittal & Sons HUF completed the acquisition of 74.27% stake in Addi Industries Limited (BSE:507852) from Ultimate Investments LLP, Abhishek Bansal, Chaman Lal Jain, Hari Bansal, Urmila Jain and Anju Bhasker. Rajat Goyal, Neha Agarwal, Rajat Goyal HUF, Sandeep Mittal, Ruchi Mittal and Sandeep Mittal & Sons HUF entered into Share Purchase Agreement to acquire 74.27% stake in Addi Industries Limited (BSE:507852) from Ultimate Investments LLP, Abhishek Bansal, Chaman Lal Jain, Hari Bansal, Urmila Jain and Anju Bhasker for approximately INR 600 million on May 20, 2025. A cash consideration of INR 74.4 per share will be paid by the buyer. Pursuant to transaction there will be no change in the management / promoters / control / Directors of Addi Industries Limited.
Rajat Goyal, Neha Agarwal, Rajat Goyal HUF, Sandeep Mittal, Ruchi Mittal and Sandeep Mittal & Sons HUF completed the acquisition of 74.27% stake in Addi Industries Limited (BSE:507852) from Ultimate Investments LLP, Abhishek Bansal, Chaman Lal Jain, Hari Bansal, Urmila Jain and Anju Bhasker on February 11, 2026. As part of acquisition, 80,18,175 shares were acquired. Announcement • Feb 09
Addi Industries Limited to Report Q3, 2026 Results on Feb 13, 2026 Addi Industries Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 13, 2026 Board Change • Jan 10
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Additional Non-Executive Director Rajat Goyal is the most experienced director on the board, commencing their role in 2025. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 05
Addi Industries Limited to Report Q2, 2026 Results on Nov 14, 2025 Addi Industries Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹127, the stock trades at a trailing P/E ratio of 41.7x. Average trailing P/E is 24x in the Luxury industry in India. Total returns to shareholders of 230% over the past three years. Announcement • Sep 02
Addi Industries Limited, Annual General Meeting, Sep 30, 2025 Addi Industries Limited, Annual General Meeting, Sep 30, 2025, at 09:00 Indian Standard Time. Announcement • Aug 05
Addi Industries Limited to Report Q1, 2026 Results on Aug 11, 2025 Addi Industries Limited announced that they will report Q1, 2026 results on Aug 11, 2025 Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹124, the stock trades at a trailing P/E ratio of 41.2x. Average trailing P/E is 26x in the Luxury industry in India. Total returns to shareholders of 208% over the past three years. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹109, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 27x in the Luxury industry in India. Total returns to shareholders of 296% over the past three years. New Risk • May 30
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 42% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (42% accrual ratio). Revenue is less than US$1m (₹55m revenue, or US$649k). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₹984.5m market cap, or US$11.5m). Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹67.20, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 24x in the Luxury industry in India. Total returns to shareholders of 149% over the past three years. Announcement • May 19
Addi Industries Limited to Report Q4, 2025 Results on May 26, 2025 Addi Industries Limited announced that they will report Q4, 2025 results on May 26, 2025 Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹59.50, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 69% over the past three years. New Risk • Apr 08
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 Revenue is less than US$1m. Market cap is less than US$10m (₹573.3m market cap, or US$6.65m). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Announcement • Apr 01
Addi Industries Limited Announces Cessation of Kusum Chopra as Independent Director, Effective March 31, 2025 Addi Industries Limited announced that Mrs, Kusum Chopra, Independent Director shall cease to be a Director on the Board of the Company with effect from March 31, 2025 upon completion of her tenure. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹50.81, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 73% over the past three years. Announcement • Feb 05
Addi Industries Limited to Report Q3, 2025 Results on Feb 13, 2025 Addi Industries Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Feb 13, 2025 Announcement • Nov 05
Addi Industries Limited to Report Q2, 2025 Results on Nov 14, 2024 Addi Industries Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Upcoming Dividend • Sep 18
Upcoming dividend of ₹1.25 per share Eligible shareholders must have bought the stock before 23 September 2024. Payment date: 30 October 2024. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 2.5%. Within top quartile of Indian dividend payers (1.0%). Higher than average of industry peers (0.4%). Declared Dividend • Sep 04
Dividend of ₹1.25 announced Dividend of ₹1.25 is the same as last year. Ex-date: 23rd September 2024 Payment date: 30th October 2024 Dividend yield will be 2.6%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (8% 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 company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Sep 02
Addi Industries Limited, Annual General Meeting, Sep 30, 2024 Addi Industries Limited, Annual General Meeting, Sep 30, 2024, at 09:00 Indian Standard Time. Announcement • Aug 03
Addi Industries Limited to Report Q1, 2025 Results on Aug 13, 2024 Addi Industries Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Announcement • May 23
Addi Industries Limited to Report Q4, 2024 Results on May 29, 2024 Addi Industries Limited announced that they will report Q4, 2024 results on May 29, 2024 Announcement • Apr 06
Addi Industries Limited Announces Cessation Vishnu Bhagwan Aggarwal to Be A Director Addi Industries Limited announced that Mr. Vishnu Bhagwan Aggarwal, Independent Director shall cease to be a Director on the Board of the Company w.e.f March 31, 2024 upon completion of his tenure. Announcement • Apr 05
Addi Industries Limited Announces Cessation of Bijoya Kumar Behera as A Director Addi Industries Limited announced that Bijoya Kumar Behera, Independent Director shall cease to be a Director on the Board of the Company w.e.f March 31, 2024 upon completion of his tenure. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹61.79, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 1,175% over the past three years. Announcement • Jan 29
Addi Industries Limited to Report Q3, 2024 Results on Feb 07, 2024 Addi Industries Limited announced that they will report Q3, 2024 results on Feb 07, 2024 Announcement • Nov 04
Addi Industries Limited to Report Q2, 2024 Results on Nov 10, 2023 Addi Industries Limited announced that they will report Q2, 2024 results on Nov 10, 2023 New Risk • Oct 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (₹456.7m market cap, or US$5.48m). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.7% average weekly change). Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹51.55, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 706% over the past three years. Upcoming Dividend • Sep 15
Upcoming dividend of ₹1.25 per share at 3.1% yield Eligible shareholders must have bought the stock before 22 September 2023. Payment date: 30 October 2023. Trailing yield: 3.1%. Within top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.5%). Announcement • Sep 02
Addi Industries Limited, Annual General Meeting, Sep 30, 2023 Addi Industries Limited, Annual General Meeting, Sep 30, 2023, at 09:00 Indian Standard Time. New Risk • Aug 14
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). High level of non-cash earnings (57% accrual ratio). Revenue is less than US$1m (₹3.5m revenue, or US$42k). Market cap is less than US$10m (₹425.4m market cap, or US$5.13m). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (669% net profit margin). Announcement • Aug 12
Addi Industries Limited Recommends Payment of Final Dividend Addi Industries Limited recommended payment of final dividend of INR 1.25 per equity share 25% on the face value of INR 5 each subject To Approve the shareholders in the up coming annual general meeting. Announcement • Aug 04
Addi Industries Limited to Report Q1, 2024 Results on Aug 11, 2023 Addi Industries Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Announcement • May 23
Addi Industries Limited to Report Q4, 2023 Results on May 30, 2023 Addi Industries Limited announced that they will report Q4, 2023 results on May 30, 2023 Announcement • Feb 01
Addi Industries Limited to Report Q3, 2023 Results on Feb 10, 2023 Addi Industries Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Announcement • Nov 05
Addi Industries Limited to Report Q2, 2023 Results on Nov 14, 2022 Addi Industries Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Announcement • Sep 01
Addi Industries Limited, Annual General Meeting, Sep 30, 2022 Addi Industries Limited, Annual General Meeting, Sep 30, 2022, at 09:00 Indian Standard Time. Announcement • Jul 30
Addi Industries Limited to Report Q1, 2023 Results on Aug 08, 2022 Addi Industries Limited announced that they will report Q1, 2023 results on Aug 08, 2022 Announcement • May 22
Addi Industries Limited to Report Q4, 2022 Results on May 30, 2022 Addi Industries Limited announced that they will report Q4, 2022 results on May 30, 2022 Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹8.70, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 21x in the Luxury industry in India. Total loss to shareholders of 24% over the past three years. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improved over the past week After last week's 27% share price gain to ₹8.50, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 20x in the Luxury industry in India. Total loss to shareholders of 26% over the past three years. Executive Departure • Mar 11
Company Secretary & Compliance Officer has left the company On the 4th of March, Twinkle Bhardwaj's tenure as Company Secretary & Compliance Officer ended after 1.3 years in the role. We don't have any record of a personal shareholding under Twinkle's name. Twinkle is the only executive to leave the company over the last 12 months. Announcement • Mar 07
Addi Industries Limited Approves Management Changes Addi Industries Limited at its board meeting held on March 5, 2021 approved appointment of Mrs. Urmila Jain as Additional, Non Executive Director of the Company and appointment of Ms. Taranjeet Kaur as a Company Secretaryin this meeting in place of Ms. Twinkle Bhardwaj who has submitted her resignation dated 4" March 2021 and the same has been accepted by the Boardin this meeting with immediate effect. Announcement • Feb 02
Addi Industries Limited to Report Q3, 2021 Results on Feb 10, 2021 Addi Industries Limited announced that they will report Q3, 2021 results on Feb 10, 2021 Announcement • Nov 26
Addi Industries Limited, Annual General Meeting, Dec 23, 2020 Addi Industries Limited, Annual General Meeting, Dec 23, 2020, at 09:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements (including the consolidated financial statement) for the financial year ended March 31, 2020, together with the Reports of the Directors' and the Auditors' thereon; to appoint a Directors; and to re-appoint Mr. Chaman Lal Jain as Managing Director of the Company. Announcement • Sep 06
Addi Industries Limited to Report Q1, 2021 Results on Sep 12, 2020 Addi Industries Limited announced that they will report Q1, 2021 results on Sep 12, 2020 Announcement • Jun 21
Addi Industries Limited to Report Q4, 2020 Results on Jun 29, 2020 Addi Industries Limited announced that they will report Q4, 2020 results on Jun 29, 2020