Upcoming Dividend • Aug 15
Upcoming dividend of ₹5.00 per share Eligible shareholders must have bought the stock before 20 August 2026. Payment date: 26 September 2026. Payout ratio is a comfortable 60% and the cash payout ratio is 84%. Trailing yield: 2.6%. Within top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (0.5%). Announcement • Aug 06
La Opala RG Limited to Report Q1, 2027 Results on Aug 12, 2026 La Opala RG Limited announced that they will report Q1, 2027 results at 12:15 PM, Indian Standard Time on Aug 12, 2026 Reported Earnings • Aug 04
Full year 2026 earnings released: EPS: ₹8.32 (vs ₹8.70 in FY 2025) Full year 2026 results: EPS: ₹8.32 (down from ₹8.70 in FY 2025). Revenue: ₹3.09b (down 6.9% from FY 2025). Net income: ₹923.0m (down 4.4% from FY 2025). Profit margin: 30% (in line with FY 2025). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Declared Dividend • Aug 01
Dividend reduced to ₹5.00 Dividend of ₹5.00 is 33% lower than last year. Ex-date: 20th August 2026 Payment date: 26th September 2026 Dividend yield will be 2.7%, which is higher than the industry average of 0.5%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (84% cash payout ratio). The dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 41% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 30
La Opala RG Limited, Annual General Meeting, Aug 27, 2026 La Opala RG Limited, Annual General Meeting, Aug 27, 2026, at 14:00 Indian Standard Time. Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹8.32 (vs ₹8.70 in FY 2025) Full year 2026 results: EPS: ₹8.32 (down from ₹8.70 in FY 2025). Revenue: ₹3.41b (up 2.8% from FY 2025). Net income: ₹923.0m (down 4.4% from FY 2025). Profit margin: 27% (down from 29% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Announcement • May 30
La Opala RG Limited Recommends Dividend for the Financial Year 2025-26 Ended March 31, 2026 La Opala RG Limited at its board meeting, held on May 30, 2026, considered and recommended payment of Dividend of INR 5.00/-per equity share (250%) on 111,000,000 fully paid equity shares of face value of INR 2/- each for the financial year 2025-26 ended March 31, 2026, subject to the approval by the shareholders at the ensuing 39 Annual General Meeting of the Company. The dividend, if approved, shall be paid on or after five days but before thirty days from the date of declaration by the Shareholders at the 39th AGM of the Company. The date of AGM and book closure date(s)/record date for the purpose of dividend shall be informed in due course. Announcement • May 26
La Opala RG Limited to Report Q4, 2026 Results on May 30, 2026 La Opala RG Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026 Price Target Changed • Feb 17
Price target decreased by 9.9% to ₹301 Down from ₹334, the current price target is an average from 2 analysts. New target price is 56% above last closing price of ₹193. Stock is down 6.7% over the past year. The company is forecast to post earnings per share of ₹9.30 for next year compared to ₹8.70 last year. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹2.16 (vs ₹2.09 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.16 (up from ₹2.09 in 3Q 2025). Revenue: ₹927.5m (up 1.6% from 3Q 2025). Net income: ₹240.0m (up 3.6% from 3Q 2025). Profit margin: 26% (in line with 3Q 2025). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Announcement • Feb 10
La Opala RG Limited to Report Q3, 2026 Results on Feb 14, 2026 La Opala RG Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 14, 2026 Reported Earnings • Nov 09
Second quarter 2026 earnings released: EPS: ₹2.41 (vs ₹2.17 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.41 (up from ₹2.17 in 2Q 2025). Revenue: ₹973.3m (up 7.4% from 2Q 2025). Net income: ₹267.8m (up 11% from 2Q 2025). Profit margin: 28% (in line with 2Q 2025). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Durables 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 fallen by 18% per year, which means it is performing significantly worse than earnings. Announcement • Nov 03
La Opala RG Limited to Report Q2, 2026 Results on Nov 08, 2025 La Opala RG Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 08, 2025 Announcement • Aug 11
La Opala RG Limited to Report Q1, 2026 Results on Aug 14, 2025 La Opala RG Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Upcoming Dividend • Jul 31
Upcoming dividend of ₹7.50 per share Eligible shareholders must have bought the stock before 07 August 2025. Payment date: 13 September 2025. Payout ratio and cash payout ratio are on the higher end at 86% and 86% respectively. Trailing yield: 2.7%. Within top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (0.4%). Reported Earnings • Jul 23
Full year 2025 earnings released: EPS: ₹8.70 (vs ₹11.51 in FY 2024) Full year 2025 results: EPS: ₹8.70 (down from ₹11.51 in FY 2024). Revenue: ₹3.32b (down 9.1% from FY 2024). Net income: ₹965.9m (down 24% from FY 2024). Profit margin: 29% (down from 35% in FY 2024). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year. Announcement • Jul 17
La Opala RG Limited, Annual General Meeting, Aug 14, 2025 La Opala RG Limited, Annual General Meeting, Aug 14, 2025, at 12:30 Indian Standard Time. Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹8.70 (vs ₹11.51 in FY 2024) Full year 2025 results: EPS: ₹8.70 (down from ₹11.51 in FY 2024). Revenue: ₹3.80b (up 4.0% from FY 2024). Net income: ₹965.9m (down 24% from FY 2024). Profit margin: 25% (down from 35% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year. Price Target Changed • Feb 17
Price target decreased by 11% to ₹353 Down from ₹398, the current price target is an average from 2 analysts. New target price is 69% above last closing price of ₹208. Stock is down 42% over the past year. The company is forecast to post earnings per share of ₹8.40 for next year compared to ₹11.51 last year. Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹2.09 (vs ₹3.98 in 3Q 2024) Third quarter 2025 results: EPS: ₹2.09 (down from ₹3.98 in 3Q 2024). Revenue: ₹1.01b (down 5.9% from 3Q 2024). Net income: ₹231.7m (down 48% from 3Q 2024). Profit margin: 23% (down from 41% in 3Q 2024). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Feb 14
La Opala RG Limited Announces Appointment of Jit Roy Choudhury as Company Secretary and Compliance Officer La Opala RG Limited announced at the board meeting held on February 14, 2025, Appointed Mr. Jit Roy Choudhury (Membership No. A44368) as the Company Secretary and the Compliance Officer (Key Managerial Personnel) of the Company with effect from February 14, 2025. Mr. Roy Choudhury is an Associate member of the Institute of Company Secretaries of India (ICSI). He has worked in different domains and with various companies including listed and unlisted Companies. He has rich experience of 9 years in the field of secretarial and legal matters, listing compliances, governance, and Corporate Social Responsibilities and has exposure of dealing with various Government Departments/organizations. Before joining La Opala RG Limited he was associated with M/s Hindusthan National Glass & Industries Limited, a NSE, BSE & CSE listed company engaged in the manufacturing of glass bottles. Prior to that he was associated with Burnpur Cement Limited, the renowned Birla Group, and a Real Estate Group named Vinayak Group. Board Change • Feb 01
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. 3 experienced directors. 3 highly experienced directors. Non-Executive Independent Women Director Suparna Chakrabortti 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. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹2.17 (vs ₹2.81 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.17 (down from ₹2.81 in 2Q 2024). Revenue: ₹1.06b (up 19% from 2Q 2024). Net income: ₹240.6m (down 23% from 2Q 2024). Profit margin: 23% (down from 35% in 2Q 2024). Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Oct 29
La Opala RG Limited Announces Resignation of Nidhi Rathi as Company Secretary and Compliance Officer, Effective November 15,2024 La Opala RG Limited informed that Ms. Nidhi Rathi has tendered her resignation as Company Secretary and Compliance Officer of the Company. Consequently, she will also cease to be a Key Managerial Personnel of the Company as per the provisions of the Companies Act, 2013. She has resigned to pursue carrier opportunity outside the Company. Effective From closing of business hours on November 15,2024. Announcement • Aug 30
La Opala RG Limited, Annual General Meeting, Sep 30, 2024 La Opala RG Limited, Annual General Meeting, Sep 30, 2024, at 15:00 Indian Standard Time. Announcement • Aug 15
La Opala RG Limited Announces Resignation of Arun Kumar Churiwal as Non-Executive Director La Opala RG Limited announced that Mr. Arun Kumar Churiwal vide letter dated 12 August 2024 has tendered his resignation as non-executive director of the company due to personal reasons with effect from the close of business hours on 12 August 2024. Announcement • Aug 08
La Opala RG Limited to Report Q1, 2025 Results on Aug 12, 2024 La Opala RG Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹11.51 (vs ₹11.08 in FY 2023) Full year 2024 results: EPS: ₹11.51 (up from ₹11.08 in FY 2023). Revenue: ₹4.09b (down 9.6% from FY 2023). Net income: ₹1.28b (up 3.9% from FY 2023). Profit margin: 31% (up from 27% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹3.98 (vs ₹3.12 in 3Q 2023) Third quarter 2024 results: EPS: ₹3.98 (up from ₹3.12 in 3Q 2023). Revenue: ₹1.19b (down 6.0% from 3Q 2023). Net income: ₹441.6m (up 28% from 3Q 2023). Profit margin: 37% (up from 27% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Durables industry in India. 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 19% per year, which means it is significantly lagging earnings growth. Price Target Changed • Dec 18
Price target decreased by 11% to ₹470 Down from ₹530, the current price target is provided by 1 analyst. New target price is 25% above last closing price of ₹377. Stock is down 7.5% over the past year. The company is forecast to post earnings per share of ₹13.00 for next year compared to ₹11.08 last year. Reported Earnings • Nov 16
Second quarter 2024 earnings released: EPS: ₹2.81 (vs ₹3.52 in 2Q 2023) Second quarter 2024 results: EPS: ₹2.81 (down from ₹3.52 in 2Q 2023). Revenue: ₹994.9m (down 26% from 2Q 2023). Net income: ₹311.9m (down 20% from 2Q 2023). Profit margin: 31% (up from 29% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Durables industry in India. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 14
Upcoming dividend of ₹3.00 per share at 1.2% yield Eligible shareholders must have bought the stock before 21 September 2023. Payment date: 29 October 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.5%). Announcement • Aug 29
La Opala RG Limited, Annual General Meeting, Sep 29, 2023 La Opala RG Limited, Annual General Meeting, Sep 29, 2023, at 14:00 Indian Standard Time. New Risk • Aug 17
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. This is currently the only risk that has been identified for the company. Announcement • Aug 05
La Opala RG Limited to Report Q1, 2024 Results on Aug 10, 2023 La Opala RG Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Announcement • May 25
La Opala RG Limited to Report Q4, 2023 Results on May 29, 2023 La Opala RG Limited announced that they will report Q4, 2023 results at 12:15 PM, Indian Standard Time on May 29, 2023 Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹3.12 (vs ₹2.93 in 3Q 2022) Third quarter 2023 results: EPS: ₹3.12 (up from ₹2.93 in 3Q 2022). Revenue: ₹1.35b (up 24% from 3Q 2022). Net income: ₹346.4m (up 6.6% from 3Q 2022). Profit margin: 26% (down from 30% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 18% per year. Announcement • Feb 08
La Opala RG Limited to Report Q3, 2023 Results on Feb 14, 2023 La Opala RG Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹3.52 (vs ₹2.46 in 2Q 2022) Second quarter 2023 results: EPS: ₹3.52 (up from ₹2.46 in 2Q 2022). Revenue: ₹1.41b (up 52% from 2Q 2022). Net income: ₹390.7m (up 43% from 2Q 2022). Profit margin: 28% (down from 30% in 2Q 2022). The decrease in margin was driven by higher expenses. 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 43% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Nov 16
Price target increased to ₹495 Up from ₹451, the current price target is an average from 2 analysts. New target price is 20% above last closing price of ₹411. Stock is up 22% over the past year. The company posted earnings per share of ₹7.87 last year. 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. 2 experienced directors. 5 highly experienced directors. Additional Women Independent Director Suparna Chakrabortti 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. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: ₹3.52 (vs ₹2.46 in 2Q 2022) Second quarter 2023 results: EPS: ₹3.52 (up from ₹2.46 in 2Q 2022). Revenue: ₹1.41b (up 52% from 2Q 2022). Net income: ₹390.7m (up 43% from 2Q 2022). Profit margin: 28% (down from 30% in 2Q 2022). The decrease in margin was driven by higher expenses. 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 42% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 05
La Opala RG Limited to Report Q2, 2023 Results on Nov 11, 2022 La Opala RG Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Price Target Changed • Oct 04
Price target increased to ₹451 Up from ₹396, the current price target is an average from 2 analysts. New target price is 28% above last closing price of ₹353. Stock is up 9.9% over the past year. The company posted earnings per share of ₹7.87 last year. Announcement • Sep 30
La Opala RG Limited Approves Declaration of Final Dividend for the Financial Year Ended March 31, 2022 La Opala RG Limited approved Declaration of Final Dividend @ 40% i.e., INR 0.80 per equity share amounting Total Dividend of INR 2.30 (i.e., 115%) per equity shares for the financial year ended March 31, 2022. Upcoming Dividend • Sep 14
Upcoming dividend of ₹0.80 per share Eligible shareholders must have bought the stock before 21 September 2022. Payment date: 28 October 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.5%). In line with average of industry peers (0.4%). Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: ₹1.81 (vs ₹0.80 in 1Q 2022) First quarter 2023 results: EPS: ₹1.81 (up from ₹0.80 in 1Q 2022). Revenue: ₹829.6m (up 158% from 1Q 2022). Net income: ₹200.8m (up 127% from 1Q 2022). Profit margin: 24% (down from 28% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 07
La Opala RG Limited to Report Q1, 2023 Results on Aug 13, 2022 La Opala RG Limited announced that they will report Q1, 2023 results at 12:15 PM, Indian Standard Time on Aug 13, 2022 Price Target Changed • Jun 02
Price target decreased to ₹413 Down from ₹468, the current price target is provided by 1 analyst. New target price is 53% above last closing price of ₹269. Stock is down 4.7% over the past year. The company posted earnings per share of ₹7.87 last year. Announcement • May 31
La Opala RG Limited Recommends Final Dividend for the Financial Year 2021-22 La Opala RG Limited at the board meeting held on May 30, 2022 that the company recommended a final Dividend of INR 0.80 (40%) per equity share of face value of INR 2 each for the Financial Year 2021-22, subject to the approval by the shareholders at the upcoming Annual General, Meeting of the Company. The Total Dividend for the year including the final dividend (subject To Approve the shareholders at the upcoming Annual General Meeting) will be INR 2.30 (115%) per equity shares. The dividend, if approved, shall be paid on or after five days but before thirty days from the date of declaration by the Shareholders at the ss" Annual General Meeting of the Company. Announcement • May 24
La Opala RG Limited to Report Q4, 2022 Results on May 30, 2022 La Opala RG Limited announced that they will report Q4, 2022 results on May 30, 2022 Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹305, the stock trades at a trailing P/E ratio of 38.2x. Average trailing P/E is 39x in the Consumer Durables industry in India. Total returns to shareholders of 51% over the past three years. Board Change • Apr 27
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. 2 experienced directors. 5 highly experienced directors. Additional Women Independent Director Suparna Chakrabortti 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. Reported Earnings • Jan 28
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹2.93 (up from ₹2.28 in 3Q 2021). Revenue: ₹1.13b (up 44% from 3Q 2021). Net income: ₹324.9m (up 28% from 3Q 2021). Profit margin: 29% (down from 32% 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 fallen by 5% per year but the company’s share price has increased by 23% 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 19% share price gain to ₹373, the stock trades at a trailing P/E ratio of 50.9x. Average trailing P/E is 35x in the Consumer Durables industry in India. Total returns to shareholders of 68% over the past three years. Reported Earnings • Nov 03
Second quarter 2022 earnings released: EPS ₹2.46 (vs ₹0.67 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹975.1m (up 130% from 2Q 2021). Net income: ₹273.5m (up 270% from 2Q 2021). Profit margin: 28% (up from 17% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Board Change • Oct 31
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Santanu Ray was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Sep 09
Upcoming dividend of ₹1.50 per share Eligible shareholders must have bought the stock before 16 September 2021. Payment date: 22 October 2021. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.5%). In line with average of industry peers (0.5%). Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹0.80 (vs ₹0.27 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹321.7m (up 218% from 1Q 2021). Net income: ₹88.6m (up ₹118.9m from 1Q 2021). Profit margin: 28% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • May 27
Full year 2021 earnings released: EPS ₹4.47 (vs ₹7.59 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹2.19b (down 19% from FY 2020). Net income: ₹495.7m (down 41% from FY 2020). Profit margin: 23% (down from 31% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • May 26
La Opala Rg Limited Recommends Dividend for the Financial Year 2020-2021 The Board of La Opala RG Limited at its meeting held on May 25, 2021, recommended a dividend of INR 1.50 per equity share of face value of INR 2 each for the Financial Year 2020-2021, subject to the approval by the shareholders at the upcoming Annual General Meeting of the Company. The dividend, if approved, shall be paid on or after five days but before thirty days from the date of declaration by the Shareholders at the 34 Annual General Meeting of the Company (AGM). Valuation Update With 7 Day Price Move • May 21
Investor sentiment improved over the past week After last week's 26% share price gain to ₹275, the stock trades at a trailing P/E ratio of 70.4x. Average trailing P/E is 45x in the Consumer Durables industry in India. Total returns to shareholders of 1.6% over the past three years. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS ₹2.28 (vs ₹2.29 in 3Q 2020) The company reported a soft third quarter result with weaker revenues, although earnings and profit margins were flat. Third quarter 2021 results: Revenue: ₹783.9m (down 2.3% from 3Q 2020). Net income: ₹253.1m (flat on 3Q 2020). Profit margin: 32% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 13% per year. Is New 90 Day High Low • Feb 11
New 90-day low: ₹210 The company is down 4.0% from its price of ₹218 on 13 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 44% over the same period. Announcement • Feb 04
La Opala RG Limited to Report Q3, 2021 Results on Feb 12, 2021 La Opala RG Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Dec 28
New 90-day high: ₹243 The company is up 11% from its price of ₹219 on 29 September 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 25% over the same period. Reported Earnings • Nov 18
Second quarter 2021 earnings released: EPS ₹0.67 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹424.1m (down 38% from 2Q 2020). Net income: ₹73.9m (down 70% from 2Q 2020). Profit margin: 17% (down from 37% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year. Announcement • Sep 14
La Opala RG Limited to Report Q1, 2021 Results on Aug 14, 2020 La Opala RG Limited announced that they will report Q1, 2021 results on Aug 14, 2020 Announcement • Jun 22
La Opala RG Limited to Report Fiscal Year 2020 Final Results on Jun 30, 2020 La Opala RG Limited announced that they will report fiscal year 2020 final results on Jun 30, 2020 
