Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹52.44, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 36% over the past three years. Reported Earnings • May 05
Full year 2026 earnings released: EPS: ₹4.13 (vs ₹3.02 in FY 2025) Full year 2026 results: EPS: ₹4.13 (up from ₹3.02 in FY 2025). Revenue: ₹41.9b (down 1.5% from FY 2025). Net income: ₹1.83b (up 37% from FY 2025). Profit margin: 4.4% (up from 3.1% in FY 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Apr 24
Filatex India Limited to Report Q4, 2026 Results on May 01, 2026 Filatex India Limited announced that they will report Q4, 2026 results on May 01, 2026 Reported Earnings • Feb 09
Third quarter 2026 earnings released: EPS: ₹1.24 (vs ₹1.06 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.24 (up from ₹1.06 in 3Q 2025). Revenue: ₹10.5b (down 1.8% from 3Q 2025). Net income: ₹549.6m (up 17% from 3Q 2025). Profit margin: 5.2% (up from 4.4% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹48.22, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 23% over the past three years. Announcement • Jan 31
Filatex India Limited to Report Q3, 2026 Results on Feb 07, 2026 Filatex India Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 07, 2026 Reported Earnings • Nov 05
Second quarter 2026 earnings released: EPS: ₹1.07 (vs ₹0.30 in 2Q 2025) Second quarter 2026 results: EPS: ₹1.07 (up from ₹0.30 in 2Q 2025). Revenue: ₹10.8b (up 3.1% from 2Q 2025). Net income: ₹475.5m (up 256% from 2Q 2025). Profit margin: 4.4% (up from 1.3% in 2Q 2025). 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 10% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 28
Filatex India Limited to Report Q2, 2026 Results on Nov 04, 2025 Filatex India Limited announced that they will report Q2, 2026 results on Nov 04, 2025 Announcement • Sep 27
Filatex India Limited Approves Declaration of Dividend for the Financial Year Ended March 31 , 2025 Filatex India Limited at its Annual General Meeting, held on September 26, 2025, approved Declaration of dividend of INR 0.25 (Twenty Five Paisa) per Equity share of INR 1/- each for the Financial Year ended March 31, 2025. Upcoming Dividend • Sep 13
Upcoming dividend of ₹0.25 per share Eligible shareholders must have bought the stock before 19 September 2025. Payment date: 26 October 2025. Payout ratio is a comfortable 8.3% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (0.6%). Declared Dividend • Aug 30
Dividend increased to ₹0.25 Dividend of ₹0.25 is 25% higher than last year. Ex-date: 19th September 2025 Payment date: 26th October 2025 Dividend yield will be 0.5%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (4% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 4 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 29
Filatex India Limited, Annual General Meeting, Sep 26, 2025 Filatex India Limited, Annual General Meeting, Sep 26, 2025, at 17:30 Indian Standard Time. Reported Earnings • Jul 24
First quarter 2026 earnings released: EPS: ₹0.92 (vs ₹0.73 in 1Q 2025) First quarter 2026 results: EPS: ₹0.92 (up from ₹0.73 in 1Q 2025). Revenue: ₹10.6b (flat on 1Q 2025). Net income: ₹406.6m (up 26% from 1Q 2025). Profit margin: 3.8% (up from 3.1% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Jul 17
Filatex India Limited to Report Q1, 2026 Results on Jul 23, 2025 Filatex India Limited announced that they will report Q1, 2026 results on Jul 23, 2025 New Risk • Jul 01
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 7.8% 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 Risk Earnings have declined by 5.2% per year over the past 5 years. 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 (7.8% average weekly change). Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹56.66, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 25x in the Luxury industry in India. Total returns to shareholders of 5.1% over the past three years. Reported Earnings • Apr 24
Full year 2025 earnings released: EPS: ₹3.02 (vs ₹2.49 in FY 2024) Full year 2025 results: EPS: ₹3.02 (up from ₹2.49 in FY 2024). Revenue: ₹42.7b (flat on FY 2024). Net income: ₹1.34b (up 21% from FY 2024). Profit margin: 3.1% (up from 2.6% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Apr 22
Now 29% overvalued Over the last 90 days, the stock has fallen 7.4% to ₹47.38. The fair value is estimated to be ₹36.65, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years. Earnings per share has declined by 46%. Buy Or Sell Opportunity • Feb 20
Now 23% overvalued Over the last 90 days, the stock has fallen 31% to ₹44.40. The fair value is estimated to be ₹36.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years. Earnings per share has declined by 46%. Reported Earnings • Jan 30
Third quarter 2025 earnings released: EPS: ₹1.06 (vs ₹0.79 in 3Q 2024) Third quarter 2025 results: EPS: ₹1.06 (up from ₹0.79 in 3Q 2024). Revenue: ₹10.7b (down 1.1% from 3Q 2024). Net income: ₹471.3m (up 34% from 3Q 2024). Profit margin: 4.4% (up from 3.2% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: ₹0.30 (vs ₹0.52 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.30 (down from ₹0.52 in 2Q 2024). Revenue: ₹10.5b (down 5.1% from 2Q 2024). Net income: ₹133.4m (down 42% from 2Q 2024). Profit margin: 1.3% (down from 2.1% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹60.50, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 19% over the past three years. Declared Dividend • Sep 05
Dividend increased to ₹0.20 Dividend of ₹0.20 is 33% higher than last year. Ex-date: 20th September 2024 Payment date: 27th October 2024 Dividend yield will be 0.3%, which is lower than the industry average of 0.4%. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has remained flat since 3 years ago. However, payments have been volatile during that time. Earnings per share has grown by 7.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 30
Filatex India Limited, Annual General Meeting, Sep 27, 2024 Filatex India Limited, Annual General Meeting, Sep 27, 2024, at 16:00 Indian Standard Time. New Risk • Aug 09
New major risk - Revenue and earnings growth Earnings have declined by 3.3% 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 Risk Earnings have declined by 3.3% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Aug 08
Filatex India Limited Approves Chief Financial Officer Changes Filatex India Limited approved Appointment of Mr. Nitin Agarwal as Chief Financial Officer of the Company with effect from August 8, 2024. Mr. Madhav Bhageria, Joint Managing Director of the Company, was also discharging the responsibilities of Chief Financial Officer. Upon the promotion of Mr. Nitin Agarwal to this position, Mr. Madhav Bhageria has relieved himself from the responsibilities of this said position. He will continue to act as Joint Managing Director of the Company. . Mr. Nitin Agarwal is presently working as Vice President- Finance of the Company. Mr. Agarwal is a fellow member of The Institute of Cost & Management Accountants of India and has over 31 years of work experience. He has been associated with the company for over 15 years. His expertise lies in the domains of Corporate Finance, Import & Exports, Forex Management, Finance Resource Mobilization, Working Capital Management, Financial Planning & Analysis, Accounting, Auditing & Budgetary Controls, Compliances and Risk Management functions. Announcement • Aug 01
Filatex India Limited to Report Q1, 2025 Results on Aug 08, 2024 Filatex India Limited announced that they will report Q1, 2025 results on Aug 08, 2024 Reported Earnings • May 01
Full year 2024 earnings released: EPS: ₹2.49 (vs ₹2.02 in FY 2023) Full year 2024 results: EPS: ₹2.49 (up from ₹2.02 in FY 2023). Revenue: ₹43.0b (flat on FY 2023). Net income: ₹1.11b (up 23% from FY 2023). Profit margin: 2.6% (up from 2.1% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Apr 24
Filatex India Limited to Report Q4, 2024 Results on Apr 30, 2024 Filatex India Limited announced that they will report Q4, 2024 results on Apr 30, 2024 New Risk • Apr 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 Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (2.2% net profit margin). Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₹52.14, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 27x in the Luxury industry in India. Total returns to shareholders of 58% over the past three years. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹70.73, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 109% over the past three years. Reported Earnings • Oct 31
Second quarter 2024 earnings released: EPS: ₹0.52 (vs ₹0.56 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.52 (down from ₹0.56 in 2Q 2023). Revenue: ₹11.1b (down 4.5% from 2Q 2023). Net income: ₹231.0m (down 8.2% from 2Q 2023). Profit margin: 2.1% (in line with 2Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 52% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹53.75, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 23x in the Luxury industry in India. Total returns to shareholders of 313% over the past three years. Announcement • Sep 28
Filatex India Limited Declared Dividend for the Financial Year Ended 31 March, 2023 Filatex India Limited declares dividend of INR 0.15 (Fifteen Paisa) per Equity share of INR 1 each for the Financial Year ended 31 March, 2023. Upcoming Dividend • Sep 13
Upcoming dividend of ₹0.15 per share at 0.3% yield Eligible shareholders must have bought the stock before 20 September 2023. Payment date: 27 October 2023. Payout ratio is a comfortable 7.4% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (0.5%). Buying Opportunity • Sep 12
Now 22% undervalued Over the last 90 days, the stock is up 13%. The fair value is estimated to be ₹58.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 6.9% in a year. Earnings is forecast to grow by 273% in the next year. Announcement • Aug 25
Filatex India Limited, Annual General Meeting, Sep 27, 2023 Filatex India Limited, Annual General Meeting, Sep 27, 2023, at 16:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹44.77, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 24x in the Luxury industry in India. Total returns to shareholders of 217% over the past three years. Reported Earnings • Aug 05
First quarter 2024 earnings released: EPS: ₹0.40 (vs ₹0.97 in 1Q 2023) First quarter 2024 results: EPS: ₹0.40 (down from ₹0.97 in 1Q 2023). Revenue: ₹10.7b (up 4.9% from 1Q 2023). Net income: ₹176.2m (down 59% from 1Q 2023). Profit margin: 1.6% (down from 4.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. 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 46% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 29
Filatex India Limited to Report Q1, 2024 Results on Aug 04, 2023 Filatex India Limited announced that they will report Q1, 2024 results on Aug 04, 2023 Reported Earnings • May 06
Full year 2023 earnings released: EPS: ₹2.02 (vs ₹6.76 in FY 2022) Full year 2023 results: EPS: ₹2.02 (down from ₹6.76 in FY 2022). Revenue: ₹43.2b (up 13% from FY 2022). Net income: ₹899.0m (down 70% from FY 2022). Profit margin: 2.1% (down from 7.9% 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 26% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 05
Filatex India Limited Recommends Final Dividend for the Fiscal Year 2023 Filatex India Limited at its board meeting held on May 4, 2023, recommended of final dividend of INR 0.15 (Fifteen) Paisa per Equity share for the fiscal year 2023 subject To Approve the members of the Company in the next Annual General Meeting. The payment of the said dividend shall be made within the stipulated time period after the approval of the Members of the Company in the next Annual General Meeting. Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: ₹0.06 (vs ₹2.20 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.06 (down from ₹2.20 in 3Q 2022). Revenue: ₹10.6b (flat on 3Q 2022). Net income: ₹27.4m (down 97% from 3Q 2022). Profit margin: 0.3% (down from 9.1% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Dec 23
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be ₹112, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last year. Earnings per share has declined by 22%. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 7 highly experienced directors. Independent Director Rajender Malla was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Nov 09
Now 18% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be ₹123, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last year. Earnings per share has declined by 22%. Reported Earnings • Nov 09
Second quarter 2023 earnings released: EPS: ₹1.13 (vs ₹3.32 in 2Q 2022) Second quarter 2023 results: EPS: ₹1.13 (down from ₹3.32 in 2Q 2022). Revenue: ₹11.7b (up 22% from 2Q 2022). Net income: ₹251.6m (down 66% from 2Q 2022). Profit margin: 2.1% (down from 7.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Announcement • Sep 29
Filatex India Limited Declares Dividend for the Financial Year Ended 31 March, 2022 Filatex India Limited declared dividend of INR 0.20 (twenty paisa) per share for the Financial Year ended 31st March, 2022, at the 32nd Annual General Meeting held on 27th September, 2022. Upcoming Dividend • Sep 12
Upcoming dividend of ₹0.20 per share Eligible shareholders must have bought the stock before 19 September 2022. Payment date: 27 October 2022. Payout ratio is a comfortable 1.5% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (0.5%). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 21% share price gain to ₹113, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 196% over the past three years. Reported Earnings • Jul 29
First quarter 2023 earnings released: EPS: ₹1.94 (vs ₹2.35 in 1Q 2022) First quarter 2023 results: EPS: ₹1.94 (down from ₹2.35 in 1Q 2022). Revenue: ₹10.2b (up 46% from 1Q 2022). Net income: ₹433.9m (down 17% from 1Q 2022). Profit margin: 4.2% (down from 7.5% in 1Q 2022). The decrease in margin was driven by higher expenses. Announcement • Jul 22
Filatex India Limited to Report Q1, 2023 Results on Jul 27, 2022 Filatex India Limited announced that they will report Q1, 2023 results on Jul 27, 2022 Announcement • May 29
Filatex India Limited Recommends Final Dividend for the Financial Year 2021-22 The board of directors of Filatex India Limited at meeting held on 27 May 2022, recommended final dividend of INR 0.20 per Equity share for the financial year 2021-22 subject To Approve the members of the Company in the next Annual General Meeting. The payment of said dividend shall be made within the stipulated time period after approval of the Members of the Company in the next Annual General Meeting. Announcement • May 28
Filatex India Limited Announces Resignation of Brij Behari Tandon as Independent Director Filatex India Limited announced that due to advancing age and health related issues, Shri Brij Behari Tandon vide his letter dated 27th May, 2022 has resigned from the position of Independent Director of the Company with effect from 27th May, 2022. The Board of Directors of the Company, in meeting held on 27th May, 2022, noted his resignation. Reported Earnings • May 28
Full year 2022 earnings released: EPS: ₹13.53 (vs ₹7.51 in FY 2021) Full year 2022 results: EPS: ₹13.53 (up from ₹7.51 in FY 2021). Revenue: ₹38.5b (up 73% from FY 2021). Net income: ₹3.03b (up 83% from FY 2021). Profit margin: 7.9% (up from 7.4% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Announcement • May 21
Filatex India Limited to Report Q4, 2022 Results on May 27, 2022 Filatex India Limited announced that they will report Q4, 2022 results on May 27, 2022 Board Change • Apr 27
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. 1 experienced director. 7 highly experienced directors. Non-Executive Independent Director Brij Tandon was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 30
Filatex India Limited (BSE:526227) announces an Equity Buyback for 4,250,000 shares, representing 1.89% for INR 595 million. Filatex India Limited (BSE:526227) announces a share repurchase program. Under the program, the company will repurchase up to 4,250,000 shares, representing 1.89% of its issued share capital for INR 595 mullion. The shares will be repurchased at a price of INR 140 per share. The company has fixed April 8, 2022, as the record date for the program. As of March 26, 2022, the company had 225,265,250 shares in issue. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 20% share price gain to ₹127, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 163% over the past three years. Reported Earnings • Jan 28
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹4.40 (up from ₹2.99 in 3Q 2021). Revenue: ₹10.9b (up 51% from 3Q 2021). Net income: ₹982.5m (up 49% from 3Q 2021). Profit margin: 9.0% (down from 9.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹115, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 114% over the past three years. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 20% share price gain to ₹115, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 105% over the past three years. Reported Earnings • Nov 12
Second quarter 2022 earnings released: EPS ₹3.32 (vs ₹0.43 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹9.72b (up 91% from 2Q 2021). Net income: ₹737.8m (up ₹643.9m from 2Q 2021). Profit margin: 7.6% (up from 1.8% in 2Q 2021). The increase in margin was driven by higher revenue. Recent Insider Transactions • Oct 05
Senior Vice President of Marketing recently sold ₹4.8m worth of stock On the 30th of September, Rajiv Kasturia sold around 47k shares on-market at roughly ₹102 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹37m more than they sold in the last 12 months. Announcement • Sep 29
Filatex India Limited announced that it has received INR 266 million in funding from Azimuth Investments Limited, Nouvelle Securities Private Limited On September 27, 2021, Filatex India Limited closed the transaction. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improved over the past week After last week's 17% share price gain to ₹106, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 106% over the past three years. Upcoming Dividend • Sep 01
Upcoming dividend of ₹0.40 per share Eligible shareholders must have bought the stock before 08 September 2021. Payment date: 24 October 2021. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.5%). In line with average of industry peers (0.4%). Announcement • Aug 26
Filatex India Limited announced that it expects to receive INR 266 million in funding from Azimuth Investments Limited, Nouvelle Securities Private Limited, and other investors Filatex India Limited announced private placement of 2,800,000 shares at a price of INR 95 per share for gross proceeds of INR 266,000,000 on August 25, 2021. The transaction will include participation from promoters Azimuth Investments Limited for 1,300,918 shares, Nouvelle Securities Private Limited for 1,188,451 shares, Gunjan Bhageria for 171,728 shares, Shefali Bhageria for 69,702 shares, and Vrinda Bhageria for 69,201 shares. The shares will be issued at a premium of INR 93 per share on face value of INR 2 per share. The transaction is approved by the board of directors of the company. The transaction is subject to approval of shareholders of the company at its annual general meeting to be held on September 24, 2021. Reported Earnings • Jul 28
First quarter 2022 earnings released: EPS ₹2.35 (vs ₹0.42 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹7.01b (up 115% from 1Q 2021). Net income: ₹521.4m (up ₹614.4m from 1Q 2021). Profit margin: 7.4% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Recent Insider Transactions • Jun 23
Insider recently bought ₹2.0m worth of stock On the 18th of June, J. Singh bought around 18k shares on-market at roughly ₹113 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹44m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jun 16
Senior Vice President of Marketing recently sold ₹1.6m worth of stock On the 11th of June, Rajiv Kasturia sold around 15k shares on-market at roughly ₹109 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹6.1m. Despite this recent sale, insiders have collectively bought ₹42m more than they sold in the last 12 months. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improved over the past week After last week's 15% share price gain to ₹111, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 172% over the past three years. Recent Insider Transactions • May 19
Senior Vice President of Marketing recently sold ₹1.7m worth of stock On the 11th of May, Rajiv Kasturia sold around 16k shares on-market at roughly ₹105 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹6.1m. Despite this recent sale, insiders have collectively bought ₹45m more than they sold in the last 12 months. Recent Insider Transactions • May 12
Insider recently sold ₹6.1m worth of stock On the 7th of May, Hemlata Agrawal sold around 60k shares on-market at roughly ₹101 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹47m more than they sold in the last 12 months. Recent Insider Transactions • May 05
Chief Operating Officer recently sold ₹1.9m worth of stock On the 29th of April, Vyanu Vyas sold around 25k shares on-market at roughly ₹77.87 per share. This was the largest sale by an insider in the last 3 months. This was Vyanu's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment improved over the past week After last week's 27% share price gain to ₹92.80, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 121% over the past three years. Reported Earnings • Apr 24
Full year 2021 earnings released: EPS ₹7.51 (vs ₹5.53 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹22.3b (down 20% from FY 2020). Net income: ₹1.66b (up 37% from FY 2020). Profit margin: 7.4% (up from 4.4% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 19% per year. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improved over the past week After last week's 15% share price gain to ₹68.20, the stock is trading at a trailing P/E ratio of 22x, up from the previous P/E ratio of 19.1x. This compares to an average P/E of 18x in the Luxury industry in India. Total returns to shareholders over the past three years are 82%. Announcement • Jan 05
Filatex India Limited to Report Q3, 2021 Results on Jan 12, 2021 Filatex India Limited announced that they will report Q3, 2021 results on Jan 12, 2021 Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 16% share price gain to ₹53.55, the stock is trading at a trailing P/E ratio of 56.2x, up from the previous P/E ratio of 48.5x. This compares to an average P/E of 19x in the Luxury industry in India. Total returns to shareholders over the past three years are 12%. Is New 90 Day High Low • Dec 31
New 90-day high: ₹47.85 The company is up 90% from its price of ₹25.25 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 24% over the same period. Recent Insider Transactions • Dec 23
Joint MD recently bought ₹11m worth of stock On the 17th of December, Madhav Bhageria bought around 250k shares on-market at roughly ₹42.04 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₹30m. This was Madhav's only on-market trade for the last 12 months. Recent Insider Transactions • Dec 19
Joint MD recently bought ₹17m worth of stock On the 15th of December, Madhav Bhageria bought around 400k shares on-market at roughly ₹43.58 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₹30m. This was Madhav's only on-market trade for the last 12 months. Recent Insider Transactions • Dec 17
Insider recently bought ₹25m worth of stock On the 11th of December, Anu Bhageria bought around 650k shares on-market at roughly ₹38.99 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₹30m. Insiders have collectively bought ₹86m more in shares than they have sold in the last 12 months. Is New 90 Day High Low • Dec 11
New 90-day high: ₹39.40 The company is up 36% from its price of ₹28.90 on 11 September 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 22% over the same period. 
