Valuation Update With 7 Day Price Move • 17m
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹121, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 7.9% over the past three years. New Risk • Jun 02
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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 Risk Market cap is less than US$10m (₹427.0m market cap, or US$4.49m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.0% net profit margin). New Risk • May 23
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.0% Last year net profit margin: 5.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹431.8m market cap, or US$4.51m). Minor Risk Profit margins are more than 30% lower than last year (3.0% net profit margin). Reported Earnings • May 23
Full year 2026 earnings released: EPS: ₹4.12 (vs ₹6.65 in FY 2025) Full year 2026 results: EPS: ₹4.12 (down from ₹6.65 in FY 2025). Revenue: ₹497.0m (down 2.8% from FY 2025). Net income: ₹14.8m (down 44% from FY 2025). Profit margin: 3.0% (down from 5.2% in FY 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 28
Third quarter 2026 earnings released: EPS: ₹0.72 (vs ₹2.72 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.72 (down from ₹2.72 in 3Q 2025). Revenue: ₹129.9m (down 1.6% from 3Q 2025). Net income: ₹2.60m (down 73% from 3Q 2025). Profit margin: 2.0% (down from 7.4% in 3Q 2025). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. New Risk • Dec 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 6.9% 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 Market cap is less than US$10m (₹503.6m market cap, or US$5.61m). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). Reported Earnings • Nov 13
Second quarter 2026 earnings released: EPS: ₹2.78 (vs ₹1.58 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.78 (up from ₹1.58 in 2Q 2025). Revenue: ₹130.1m (up 5.5% from 2Q 2025). Net income: ₹10.0m (up 76% from 2Q 2025). Profit margin: 7.7% (up from 4.6% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. New Risk • Oct 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 6.7% 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 Interest payments are not well covered by earnings (2.8x net interest cover). Market cap is less than US$10m (₹529.4m market cap, or US$5.97m). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Announcement • Aug 14
Arex Industries Limited, Annual General Meeting, Sep 29, 2025 Arex Industries Limited, Annual General Meeting, Sep 29, 2025, at 12:30 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹0.69 (vs ₹2.10 in 1Q 2025) First quarter 2026 results: EPS: ₹0.69 (down from ₹2.10 in 1Q 2025). Revenue: ₹112.7m (down 13% from 1Q 2025). Net income: ₹2.47m (down 70% from 1Q 2025). Profit margin: 2.2% (down from 6.4% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jul 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.1% to ₹148. The fair value is estimated to be ₹186, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.4%. Announcement • Jul 18
Arex Industries Limited to Report Q1, 2026 Results on Aug 13, 2025 Arex Industries Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Buy Or Sell Opportunity • Jul 01
Now 22% undervalued The stock has been flat over the last 90 days, currently trading at ₹146. The fair value is estimated to be ₹187, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.4%. Reported Earnings • May 29
Full year 2025 earnings released: EPS: ₹7.32 (vs ₹6.43 in FY 2024) Full year 2025 results: EPS: ₹7.32 (up from ₹6.43 in FY 2024). Revenue: ₹518.4m (up 1.6% from FY 2024). Net income: ₹26.3m (up 3.6% from FY 2024). Profit margin: 5.1% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year. Reported Earnings • Feb 11
Third quarter 2025 earnings released: EPS: ₹2.72 (vs ₹3.70 in 3Q 2024) Third quarter 2025 results: EPS: ₹2.72 (down from ₹3.70 in 3Q 2024). Revenue: ₹132.0m (up 1.1% from 3Q 2024). Net income: ₹9.77m (down 33% from 3Q 2024). Profit margin: 7.4% (down from 11% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. New Risk • Dec 17
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 7.6% 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 Risk Market cap is less than US$10m (₹586.6m market cap, or US$6.91m). Minor Risks High level of debt (49% net debt to equity). Share price has been volatile over the past 3 months (7.6% average weekly change). Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: ₹1.58 (vs ₹1.95 in 2Q 2024) Second quarter 2025 results: EPS: ₹1.58 (down from ₹1.95 in 2Q 2024). Revenue: ₹129.9m (up 1.5% from 2Q 2024). Net income: ₹5.70m (down 26% from 2Q 2024). Profit margin: 4.4% (down from 6.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Announcement • Sep 12
Arex Industries Limited Announces Cessation of Non-Executive Independent Directors Arex Industries Limited announced that Mr. Balkrishna Ishwarlal Makwana, Non-Executive Independent Director of the Company, who was appointed for second and final term for a period from 12 September 2019 to 11 September 2024 has ceased as Non-Executive Independent Director on the Board of the Company on 11 September 2024 pursuant to completion of his second and final term. Ms. Harsha Hemantkumar Parikh, Non-Executive Independent Director of the Company, who was appointed for second and final term for a period from 12 September 2019 to 11 September 2024 has ceased as Non-Executive Independent Director on the Board of the Company on 11 September 2024 pursuant to completion of her second and final term. New Risk • Aug 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹751.0m market cap, or US$8.96m). Minor Risks High level of debt (44% net debt to equity). Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹180, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 29% over the past three years. Announcement • Jul 31
Arex Industries Limited to Report Q1, 2025 Results on Aug 06, 2024 Arex Industries Limited announced that they will report Q1, 2025 results on Aug 06, 2024 Announcement • Jun 18
Arex Industries Limited Announces Resignation of Vasant Ravji Shah as Non-Executive Non- Independent Director Arex Industries Limited announced that Mr. Vasant Ravji Shah (DIN: 00371634), Non-Executive Non- Independent Director of the Company, has resigned from the directorship of the Company with effect close of business hours on 17 June, 2024 (Email of Resignation received on 18th June, 2024) due to his health issues. Valuation Update With 7 Day Price Move • May 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹148, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 27x in the Luxury industry in India. Total returns to shareholders of 119% over the past three years. Announcement • May 08
Arex Industries Limited to Report Q4, 2024 Results on May 23, 2024 Arex Industries Limited announced that they will report Q4, 2024 results on May 23, 2024 Valuation Update With 7 Day Price Move • May 02
Investor sentiment improves as stock rises 43% After last week's 43% share price gain to ₹208, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 177% over the past three years. Buy Or Sell Opportunity • May 02
Now 24% undervalued Over the last 90 days, the stock has risen 53% to ₹208. The fair value is estimated to be ₹272, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹3.70 (vs ₹0.74 in 3Q 2023) Third quarter 2024 results: EPS: ₹3.70 (up from ₹0.74 in 3Q 2023). Revenue: ₹130.5m (up 17% from 3Q 2023). Net income: ₹14.7m (up 397% from 3Q 2023). Profit margin: 11% (up from 2.6% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% 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 • Jan 26
Arex Industries Limited to Report Q3, 2024 Results on Feb 12, 2024 Arex Industries Limited announced that they will report Q3, 2024 results on Feb 12, 2024 Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹136, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 119% over the past three years. Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: ₹1.95 (vs ₹0.64 loss in 2Q 2023) Second quarter 2024 results: EPS: ₹1.95 (up from ₹0.64 loss in 2Q 2023). Revenue: ₹128.0m (up 17% from 2Q 2023). Net income: ₹7.70m (up ₹10.2m from 2Q 2023). Profit margin: 6.0% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Nov 03
Arex Industries Limited to Report Q2, 2023 Results on Nov 10, 2023 Arex Industries Limited announced that they will report Q2, 2023 results on Nov 10, 2023 New Risk • Aug 18
New major 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 8.9% 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 Interest payments are not well covered by earnings (1.9x net interest cover). Earnings have declined by 7.6% per year over the past 5 years. Market cap is less than US$10m (₹487.1m market cap, or US$5.86m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (8.9% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). New Risk • Aug 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Earnings have declined by 7.6% per year over the past 5 years. Market cap is less than US$10m (₹526.5m market cap, or US$6.35m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (8.7% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). Announcement • Aug 13
Arex Industries Limited, Annual General Meeting, Sep 30, 2023 Arex Industries Limited, Annual General Meeting, Sep 30, 2023, at 12:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹133, the stock trades at a trailing P/E ratio of 44x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 101% over the past three years. Announcement • Aug 04
Arex Industries Limited to Report Q1, 2024 Results on Aug 12, 2023 Arex Industries Limited announced that they will report Q1, 2024 results on Aug 12, 2023 Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹120, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 135% over the past three years. Announcement • May 11
Arex Industries Limited to Report Q4, 2023 Results on May 27, 2023 Arex Industries Limited announced that they will report Q4, 2023 results on May 27, 2023 Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹76.13, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 106% over the past three years. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹84.53, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 84% over the past three years. Announcement • Feb 01
Arex Industries Limited to Report Q3, 2023 Results on Feb 10, 2023 Arex Industries Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Feb 10, 2023 Buying Opportunity • Nov 02
Now 24% undervalued Over the last 90 days, the stock is up 15%. The fair value is estimated to be ₹295, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 52%. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹250, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 346% over the past three years. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improved over the past week After last week's 21% share price gain to ₹230, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 363% over the past three years. Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: ₹1.24 (vs ₹2.00 in 1Q 2022) First quarter 2023 results: EPS: ₹1.24 (down from ₹2.00 in 1Q 2022). Revenue: ₹120.5m (down 9.7% from 1Q 2022). Net income: ₹4.90m (down 38% from 1Q 2022). Profit margin: 4.1% (down from 5.9% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 52% per year whereas the company’s share price has increased by 56% per year. Announcement • Aug 13
Arex Industries Limited, Annual General Meeting, Sep 21, 2022 Arex Industries Limited, Annual General Meeting, Sep 21, 2022, at 12:30 Indian Standard Time. Announcement • Jul 30
Arex Industries Limited to Report Q1, 2023 Results on Aug 12, 2022 Arex Industries Limited announced that they will report Q1, 2023 results at 3:30 PM, Indian Standard Time on Aug 12, 2022 Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improved over the past week After last week's 15% share price gain to ₹207, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 290% over the past three years. Announcement • Jun 29
Arex Industries Limited Announces resignation of Mr. Pragnesh K Shah as Whole-time Director of the company Arex Industries Limited informed that Mr. Pragnesh Kantilal Shah has resigned as an Whole-time Director of the Company with effect from 27th June, 2022, end of business hours, due to personal and health reasons. He shall continue to be as a Non-Executive Non-Independent Director of the Company. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 16% share price gain to ₹138, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 150% over the past three years. Reported Earnings • May 21
Full year 2022 earnings released: EPS: ₹9.34 (vs ₹2.54 loss in FY 2021) Full year 2022 results: EPS: ₹9.34 (up from ₹2.54 loss in FY 2021). Revenue: ₹538.2m (up 32% from FY 2021). Net income: ₹37.0m (up ₹47.0m from FY 2021). Profit margin: 6.9% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% 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 08
Arex Industries Limited to Report Fiscal Year 2022 Results on May 20, 2022 Arex Industries Limited announced that they will report fiscal year 2022 results on May 20, 2022 Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improved over the past week After last week's 15% share price gain to ₹173, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 143% over the past three years. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹3.48 (up from ₹2.34 loss in 3Q 2021). Revenue: ₹143.4m (up 20% from 3Q 2021). Net income: ₹13.8m (up ₹23.1m from 3Q 2021). Profit margin: 9.6% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improved over the past week After last week's 15% share price gain to ₹105, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 59% over the past three years. Recent Insider Transactions • Dec 04
MD, CFO & Director recently bought ₹1.1m worth of stock On the 2nd of December, Dinesh Bilgi bought around 12k shares on-market at roughly ₹95.55 per share. This was the largest purchase by an insider in the last 3 months. This was Dinesh's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹110, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 37% over the past three years. Reported Earnings • Aug 15
First quarter 2022 earnings released: EPS ₹2.00 (vs ₹4.85 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹133.4m (up 141% from 1Q 2021). Net income: ₹7.90m (up ₹27.1m from 1Q 2021). Profit margin: 5.9% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 03
Full year 2021 earnings released: ₹2.54 loss per share (vs ₹2.23 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹408.8m (down 13% from FY 2020). Net loss: ₹10.0m (down 214% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 20
New 90-day low: ₹55.00 The company is down 10.0% from its price of ₹61.35 on 20 November 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 14% over the same period. Reported Earnings • Feb 13
Third quarter 2021 earnings released: ₹2.34 loss per share (vs ₹0.34 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ₹119.7m (down 5.4% from 3Q 2020). Net loss: ₹9.26m (loss widened ₹7.94m from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 87% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 05
New 90-day low: ₹58.00 The company is down 8.0% from its price of ₹63.00 on 06 November 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 23% over the same period. Is New 90 Day High Low • Jan 21
New 90-day low: ₹58.90 The company is down 8.0% from its price of ₹64.25 on 22 October 2020. The Indian market is up 24% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 25% over the same period. Announcement • Jan 20
Arex Industries Limited to Report Q3, 2021 Results on Feb 12, 2021 Arex Industries Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Reported Earnings • Nov 12
Second quarter 2021 earnings released: EPS ₹0.52 The company reported a mediocre second quarter result with weaker revenues, although earnings were flat and profit margins were improved. Second quarter 2021 results: Revenue: ₹87.6m (down 31% from 2Q 2020). Net income: ₹2.08m (flat on 2Q 2020). Profit margin: 2.4% (up from 1.6% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 66% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Nov 11
New 90-day low: ₹60.00 The company is down 9.0% from its price of ₹66.15 on 13 August 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 17% over the same period. Announcement • Sep 13
Arex Industries Limited to Report Q1, 2021 Results on Aug 17, 2021 Arex Industries Limited announced that they will report Q1, 2021 results on Aug 17, 2021 Announcement • Aug 27
Arex Industries Limited Omits Dividend for the Financial Year Ended March 31, 2020 Arex Industries Limited announced that the directors do not recommend dividend for the financial year ended March 31, 2020 in view of lower profits and financing activities on hand.