Reported Earnings • May 26
Full year 2026 earnings released: EPS: ₹0.70 (vs ₹0.76 in FY 2025) Full year 2026 results: EPS: ₹0.70 (down from ₹0.76 in FY 2025). Revenue: ₹23.0b (flat on FY 2025). Net income: ₹698.1m (down 8.0% from FY 2025). Profit margin: 3.0% (down from 3.3% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Announcement • May 18
Jindal Worldwide Limited to Report Q4, 2026 Results on May 25, 2026 Jindal Worldwide Limited announced that they will report Q4, 2026 results on May 25, 2026 Buy Or Sell Opportunity • Apr 15
Now 24% overvalued Over the last 90 days, the stock has fallen 5.1% to ₹25.68. The fair value is estimated to be ₹20.65, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has declined by 15%. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹20.99, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 16x in the Luxury industry in India. Total loss to shareholders of 70% over the past three years. New Risk • Apr 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 8.4% 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 1.3% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Buy Or Sell Opportunity • Feb 25
Now 21% overvalued Over the last 90 days, the stock has fallen 24% to ₹25.25. The fair value is estimated to be ₹20.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has declined by 15%. Reported Earnings • Feb 15
Third quarter 2026 earnings released: EPS: ₹0.14 (vs ₹0.18 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.14 (down from ₹0.18 in 3Q 2025). Revenue: ₹5.38b (down 14% from 3Q 2025). Net income: ₹143.3m (down 22% from 3Q 2025). Profit margin: 2.7% (down from 3.0% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. New Risk • Feb 15
New major risk - Revenue and earnings growth Earnings have declined by 1.3% 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. This is currently the only risk that has been identified for the company. Announcement • Feb 07
Jindal Worldwide Limited to Report Q3, 2026 Results on Feb 13, 2026 Jindal Worldwide Limited announced that they will report Q3, 2026 results on Feb 13, 2026 Announcement • Nov 08
Jindal Worldwide Limited to Report Q2, 2026 Results on Nov 13, 2025 Jindal Worldwide Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Announcement • Aug 18
Jindal Worldwide Limited, Annual General Meeting, Sep 16, 2025 Jindal Worldwide Limited, Annual General Meeting, Sep 16, 2025. Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: ₹0.17 (vs ₹0.18 in 1Q 2025) First quarter 2026 results: EPS: ₹0.17 (down from ₹0.18 in 1Q 2025). Revenue: ₹5.40b (up 9.6% from 1Q 2025). Net income: ₹174.4m (down 3.5% from 1Q 2025). Profit margin: 3.2% (down from 3.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Aug 09
Jindal Worldwide Limited to Report Q1, 2026 Results on Aug 14, 2025 Jindal Worldwide Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Announcement • Jun 30
Yamunadutt Amilal Agrawal signed a letter of intent to acquire 51% stake in Goodcore Spintex Private Limited from Jindal Worldwide Limited (BSE:531543) for approximately INR 130 million. Yamunadutt Amilal Agrawal signed a letter of intent to acquire 51% stake in Goodcore Spintex Private Limited from Jindal Worldwide Limited (BSE:531543) for approximately INR 130 million on June 28, 2025.
For the period ending March 31, 2025, Goodcore Spintex Private Limited reported total revenue of INR 2.52 billion and net income of INR 80.3 million. As of March 31, 2025, Goodcore Spintex Private Limited reported total common equity of INR 248.31 million.
The transaction is subject to approval of merger agreement by target board and approval of offer by target shareholders. The deal has been approved by the board.
Date on which the agreement for sale has been entered into and the expected date of completion of sale/disposal will be decided after the approval of the shareholders. The shareholders meeting will be held on August 1, 2025. Reported Earnings • May 29
Full year 2025 earnings released: EPS: ₹0.76 (vs ₹0.76 in FY 2024) Full year 2025 results: EPS: ₹0.76 (up from ₹0.76 in FY 2024). Revenue: ₹22.9b (up 26% from FY 2024). Net income: ₹758.7m (flat on FY 2024). Profit margin: 3.3% (down from 4.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • May 28
Jinda Worldwide Limited Not Recommended the Dividend for the Financial Year 2024-25 Jinda Worldwide Limited at its board meeting held on May 28, 2025 has not recommended the Dividend for the Financial Year 2024-25. Announcement • May 20
Jindal Worldwide Limited to Report Q4, 2025 Results on May 28, 2025 Jindal Worldwide Limited announced that they will report Q4, 2025 results on May 28, 2025 Announcement • Apr 04
Jindal Worldwide Limited Appoints Mr. Ashish Thaker as Company Secretary and Compliance Officer, Effective from April 4, 2025 Jindal Worldwide Limited announced that the Board of Directors of the Company, at their meeting held on April 4, 2025, appointed Mr. Ashish Thaker as Company Secretary, Key
Managerial Personnel, and Compliance Officer of the Company with effect from April 4, 2025. Mr. Ashish Thaker is a qualified Company Secretary and Associate Member of the Institute of Company Secretaries of India and holds a Bachelor's degree in Business management with 10 years of experience. He was associated with Vadilal Group, Sunrise Group, and others in his past assignments. He possesses expertise in monitoring and ensuring the effectiveness of compliance under various corporate laws, RBI and SEBI Regulations, together with the accomplishment of best corporate governance practices. Announcement • Mar 06
June Enterprises Private Limited agreed to acquire 35.35% stake in Kashyap Tele-Medicines Limited (BSE:531960) from Jitendra Tarachand Agrawal, Amit Yamunadutt Agarwal, Radheshyam Tarachand Agrawal, Yamunadutt Amilal Agrawal and Jindal Worldwide Limited for INR 25.3 million. June Enterprises Private Limited agreed to acquire 35.35% stake in Kashyap Tele-Medicines Limited (BSE:531960) from Jitendra Tarachand Agrawal, Amit Yamunadutt Agarwal, Radheshyam Tarachand Agrawal, Yamunadutt Amilal Agrawal and Jindal Worldwide Limited for INR 25.3 million on March 5, 2025. A cash consideration of INR 25.31 million valued at INR 1.5 per share will be paid by June Enterprises Private Limited. As part of consideration, INR 25.31 million is paid towards common equity of Kashyap Tele-Medicines Limited. The transaction is subject to approval by regulatory board / committee and subject to statutory approval. Reported Earnings • Feb 13
Third quarter 2025 earnings released: EPS: ₹0.92 (vs ₹1.05 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.92 (down from ₹1.05 in 3Q 2024). Revenue: ₹6.25b (up 43% from 3Q 2024). Net income: ₹184.5m (down 12% from 3Q 2024). Profit margin: 3.0% (down from 4.8% 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 16% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Feb 07
Jindal Worldwide Limited to Report Q3, 2025 Results on Feb 12, 2025 Jindal Worldwide Limited announced that they will report Q3, 2025 results on Feb 12, 2025 Announcement • Jan 08
Jindal Worldwide Limited Announces Resignation of Durgesh D. Soni as Whole Time Company Secretary and Compliance Officer, Effective January 8, 2025 Jindal Worldwide Limited announced resignation of Mr. Durgesh D. Soni from the position of Whole Time Company Secretary, Compliance Officer and Key Managerial Personnel of the Company, tendered by him to explore other professional opportunities has been considered and approved in the board meeting held i.e. on 7th January, 2025 and he shall not be associated with the company with effective from 8th January, 2025. New Risk • Dec 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 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹334, the stock trades at a trailing P/E ratio of 79.2x. Average trailing P/E is 28x in the Luxury industry in India. Total returns to shareholders of 80% over the past three years. Reported Earnings • Nov 14
Second quarter 2025 earnings released: EPS: ₹0.86 (vs ₹0.64 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.86 (up from ₹0.64 in 2Q 2024). Revenue: ₹5.71b (up 46% from 2Q 2024). Net income: ₹173.4m (up 36% from 2Q 2024). Profit margin: 3.0% (down from 3.3% 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 13% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Announcement • Nov 09
Jindal Worldwide Limited to Report Q2, 2025 Results on Nov 13, 2024 Jindal Worldwide Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Announcement • Sep 26
Jindal Worldwide Limited Announces Cessation of Ashish Navnitlal Shah as Independent Director, Effective 27 September, 2024 Jindal Worldwide Limited announced that the second consecutive term of appointment of Mr. Ashish Navnitlal Shah is expiring on 26 September, 2024 and he shall cease to be an Independent Director of the Company with effect from 27 September, 2024. Announcement • Sep 17
Jindal Worldwide Limited Approves Final Dividend for the Fiscal Year 2023-2024 Jindal Worldwide Limited at AGM held on 16th September, 2024, approved final dividend at 20% on paid up Equity Share Capital (i.e. INR 0.20 per equity share) for the Fiscal Year 2023-2024. Upcoming Dividend • Sep 02
Upcoming dividend of ₹0.20 per share Eligible shareholders must have bought the stock before 09 September 2024. Payment date: 16 October 2024. Payout ratio is a comfortable 5.3% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (0.5%). Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: ₹0.90 (vs ₹0.68 in 1Q 2024) First quarter 2025 results: EPS: ₹0.90 (up from ₹0.68 in 1Q 2024). Revenue: ₹4.92b (up 20% from 1Q 2024). Net income: ₹180.6m (up 32% from 1Q 2024). Profit margin: 3.7% (up from 3.3% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 73% per year, which means it is well ahead of earnings. Announcement • Aug 14
Jindal Worldwide Limited, Annual General Meeting, Sep 16, 2024 Jindal Worldwide Limited, Annual General Meeting, Sep 16, 2024, at 15:00 Indian Standard Time. Announcement • Aug 05
Jindal Worldwide Limited to Report Q1, 2025 Results on Aug 13, 2024 Jindal Worldwide Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Reported Earnings • May 28
Full year 2024 earnings released: EPS: ₹3.77 (vs ₹5.77 in FY 2023) Full year 2024 results: EPS: ₹3.77 (down from ₹5.77 in FY 2023). Revenue: ₹18.2b (down 12% from FY 2023). Net income: ₹756.5m (down 35% from FY 2023). Profit margin: 4.2% (down from 5.6% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 86% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 22
Jindal Worldwide Limited to Report Q4, 2024 Results on May 27, 2024 Jindal Worldwide Limited announced that they will report Q4, 2024 results on May 27, 2024 Board Change • Apr 22
High number of new directors Non-Executive Independent Director Vinodkumar Singh was the last director to join the board, commencing their role in 2024. Announcement • Apr 11
Jindal Worldwide Limited Approves Board Appointments Jindal Worldwide Limited approves appointment of Ms. Deepa Kunal Maniar as Non-Executive Independent Director and Mr. Vinodkumar Bhanwer Singh as Non-Executive Independent Director. Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹1.05 (vs ₹0.74 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.05 (up from ₹0.74 in 3Q 2023). Revenue: ₹4.38b (up 8.6% from 3Q 2023). Net income: ₹210.3m (up 43% from 3Q 2023). Profit margin: 4.8% (up from 3.7% 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 15% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 03
Jindal Worldwide Limited Announces Resignation of Mukesh Gupta as Director Jindal Worldwide Limited that Mr. Mukesh Gupta, vide letter dated February 01, 2024, has tendered his resignation as Non-Executive-Independent Director of the Company with effect from the close of business hours of February 01, 2024, citing his professional exigencies in his resignation letter. Announcement • Feb 01
Jindal Worldwide Limited to Report Q3, 2024 Results on Feb 13, 2024 Jindal Worldwide Limited announced that they will report Q3, 2024 results at 3:30 PM, Indian Standard Time on Feb 13, 2024 Announcement • Jan 31
Jindal Worldwide Limited Announces Resignation of Sidharath Kapur as Non-Executive-Independent Director Jindal Worldwide Limited announced that Mr. Sidharath Kapur (DIN: 02153416), vide letter dated January 30, 2024, has tendered his resignation as Non-Executive-Independent Director with effect from the close of business hours of January 30, 2024, citing his professional exigencies in his resignation letter. Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: ₹0.64 (vs ₹1.63 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.64 (down from ₹1.63 in 2Q 2023). Revenue: ₹3.92b (down 18% from 2Q 2023). Net income: ₹127.6m (down 61% from 2Q 2023). Profit margin: 3.3% (down from 6.9% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 24
Jindal Worldwide Limited to Report Q2, 2024 Results on Nov 08, 2023 Jindal Worldwide Limited announced that they will report Q2, 2024 results on Nov 08, 2023 Announcement • Jul 29
Jindal Worldwide Limited to Report Q1, 2024 Results on Aug 07, 2023 Jindal Worldwide Limited announced that they will report Q1, 2024 results on Aug 07, 2023 Upcoming Dividend • Jul 24
Upcoming dividend of ₹0.20 per share at 0.1% yield Eligible shareholders must have bought the stock before 31 July 2023. Payment date: 06 September 2023. Payout ratio is a comfortable 3.5% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.5%). Reported Earnings • Jul 20
Full year 2023 earnings released: EPS: ₹5.77 (vs ₹5.45 in FY 2022) Full year 2023 results: EPS: ₹5.77 (up from ₹5.45 in FY 2022). Revenue: ₹20.7b (down 19% from FY 2022). Net income: ₹1.16b (up 6.0% from FY 2022). Profit margin: 5.6% (up from 4.3% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has increased by 92% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 17
Jindal Worldwide Limited Proposes Final Dividend for the Financial Year 2022-2023 Jindal Worldwide Limited announced that at the AGM to be held on August 7, 2023, the company proposed final dividend of 20% on paid up Equity Share Capital (i.e. INR 0.20 per equity share) for the Financial Year 2022-2023. Announcement • Jul 16
Jindal Worldwide Limited, Annual General Meeting, Aug 07, 2023 Jindal Worldwide Limited, Annual General Meeting, Aug 07, 2023, at 12:00 Indian Standard Time. Agenda: To consider and adopt the Audited Standalone & Consolidated Financial Statements of the Company for the Financial Year ended on March 31, 2023 together with the Report of the Board of Directors and Report of the Statutory Auditors thereon; To declare Final Dividend @ 20% on paid up Equity Share Capital (i.e. ` 0.20 per equity share) for the Financial Year 2022-2023; To appoint a Director in place of Mr. Vikram Oza (DIN: 01192552), who retires by rotation and being eligible, offers himself for re-appointment; To consider and approve appointment of M/s. Ravi Karia & Associates, Chartered Accountants, Ahmedabad as Statutory Auditors of the Company and to fix their remuneration; and to consider other matters if any. Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: ₹5.77 (vs ₹5.45 in FY 2022) Full year 2023 results: EPS: ₹5.77 (up from ₹5.45 in FY 2022). Revenue: ₹20.7b (down 19% from FY 2022). Net income: ₹1.16b (up 6.0% from FY 2022). Profit margin: 5.6% (up from 4.3% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has increased by 112% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 31
Jindal Worldwide Limited Recommends Final Dividend for the Financial Year 2023 Jindal Worldwide Limited announced Board of Directors at their meeting held on 30 May 2023, Recommended Final Dividend at the rate of 20 % i.e. INR 0.20 per equity share of INR 1 each, subject to approval of Shareholders at the upcoming Annual General Meeting for Financial Year 2022-2023. Announcement • May 11
Jindal Worldwide Limited Announces That Shrikant Narottamdas Jhaveri Has Completed His Tenure as Non-Executive Independent Director Jindal Worldwide Limited announced that Mr. Shrikant Narottamdas Jhaveri (DIN: 02833725), Non-Executive Independent Director has completed his tenure as Non-Executive Independent Director of the Company and also steppeddown as the Non-Executive Independent Director of the Company with effect from 10th May, 2023. Announcement • Feb 15
Jindal Worldwide Limited Appoints Chetna Dharajiya as Company Secretary, Key Managerial Personnel and Compliance Officer Jindal Worldwide Limited announced that at its board meeting held on February 13, 2023, noted the resignation of CA Vikram Oza as Compliance Officer of the Company with effect from 13th February, 2023; approved the appointment of Ms. Chetna Dharajiya as Company Secretary, Key Managerial Personnel and Compliance Officer of the Company. Ms. Chetna Dharajiya is qualified Company Secretary and Associate Member of the Institute of Company Secretaries of India and holds Bachelor's degree in Law and Master's degree in Commerce with experience of 15 years. She was associated with Gujarat Ambuja Exports Limited, Torrent Pharmaceuticals Limited and others in her past assignments. Reported Earnings • Feb 14
Third quarter 2023 earnings released: EPS: ₹0.74 (vs ₹1.53 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.74 (down from ₹1.53 in 3Q 2022). Revenue: ₹4.07b (down 40% from 3Q 2022). Net income: ₹147.6m (down 52% from 3Q 2022). Profit margin: 3.6% (down from 4.6% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 18% share price gain to ₹455, the stock trades at a trailing P/E ratio of 65.2x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 653% over the past three years. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improved over the past week After last week's 19% share price gain to ₹378, the stock trades at a trailing P/E ratio of 54.2x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 501% over the past three years. Reported Earnings • Nov 17
Second quarter 2023 earnings released: EPS: ₹1.63 (vs ₹1.25 in 2Q 2022) Second quarter 2023 results: EPS: ₹1.63 (up from ₹1.25 in 2Q 2022). Net income: ₹327.2m (up 31% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 70% per year whereas the company’s share price has increased by 74% per year. Announcement • Nov 15
Jindal Worldwide Limited Appoints Mukesh Gupta as Additional Director Jindal Worldwide Limited on recommendations of Nomination and Remuneration Committee, considered and approved the Appointment of Mr. Mukesh Gupta as an Additional Director in the category of 'Non-Executive Independent Director' on the Board of Directors of the Company with effect from 14th November, 2022. Mr. Mukesh Gupta, aged 61 years, holds a Degree of Bachelor of Science from Rajasthan University and MBA in Human Resources Management. He possesses 37 years of rich and diverse leadership experience in every facet of life insurance industry. He was previously associated with Life Insurance Corporation of India as a Managing Director. He has also served as Deputy President & member of Board of Education, Administrative Committee and Council of Insurance Institute of India and also held other reputed positions with Life Insurance Corporation of India and other Institutes. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improved over the past week After last week's 20% share price gain to ₹317, the stock trades at a trailing P/E ratio of 48.1x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 457% over the past three years. Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improved over the past week After last week's 20% share price gain to ₹271, the stock trades at a trailing P/E ratio of 41.1x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 362% over the past three years. Upcoming Dividend • Sep 12
Upcoming dividend of ₹0.10 per share Eligible shareholders must have bought the stock before 19 September 2022. Payment date: 27 October 2022. Payout ratio is a comfortable 1.4% but the company is not cash flow positive. The company last paid an ordinary dividend in October 2011. The average dividend yield among industry peers is 0.5%. Reported Earnings • Aug 09
First quarter 2023 earnings released: EPS: ₹2.08 (vs ₹0.94 in 1Q 2022) First quarter 2023 results: EPS: ₹2.08 (up from ₹0.94 in 1Q 2022). Revenue: ₹6.40b (up 22% from 1Q 2022). Net income: ₹417.1m (up 121% from 1Q 2022). Profit margin: 6.5% (up from 3.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth. Announcement • Aug 03
Jindal Worldwide Limited to Report Q1, 2023 Results on Aug 08, 2022 Jindal Worldwide Limited announced that they will report Q1, 2023 results on Aug 08, 2022 Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹5.90 (vs ₹2.21 in FY 2021) Full year 2022 results: EPS: ₹5.90 (up from ₹2.21 in FY 2021). Revenue: ₹25.7b (up 51% from FY 2021). Net income: ₹1.09b (up 147% from FY 2021). Profit margin: 4.3% (up from 2.6% 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 61% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹237, the stock trades at a trailing P/E ratio of 52.3x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 213% over the past three years. Announcement • May 05
Jindal Worldwide Limited (BSE:531543) acquired Goodcore Spintex Private Limited for INR 100 million. Jindal Worldwide Limited (BSE:531543) acquired Goodcore Spintex Private Limited for INR 100 million on May 03, 2022. As per the terms of the transaction Jindal Worldwide Limited acquired 10 million equity shares. Goodcore Spintex Private Limited reported a turnover of approximately INR 6 million.
Jindal Worldwide Limited (BSE:531543) Completed it's acquisition of Goodcore Spintex Private Limited for INR 100 million on May 03, 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. 3 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Shrikanth Jhaveri was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 26
Jindal Worldwide Limited (BSE:531543) acquired 92.5% stake in Jindal Mobilitric Private Limited. Jindal Worldwide Limited (BSE:531543) acquired 92.5% stake in Jindal Mobilitric Private Limited on April 25, 2022.Jindal Worldwide Limited will acquire 0.00925? million shares at a price of INR 10. The transaction is subject to approval of merger agreement by Jindal Mobilitric Private Limited board. As of April 25, 2022 Jindal Mobilitric Private Limited board approved the deal.
Jindal Worldwide Limited (BSE:531543) completed the acquisition of 92.5% stake in Jindal Mobilitric Private Limited on April 25, 2022. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹281, the stock trades at a trailing P/E ratio of 62x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 305% 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: ₹1.53 (up from ₹1.26 in 3Q 2021). Revenue: ₹6.76b (up 15% from 3Q 2021). Net income: ₹307.7m (up 22% from 3Q 2021). Profit margin: 4.6% (up from 4.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 03
Jindal Worldwide Limited to Report Nine Months, 2022 Results on Feb 10, 2022 Jindal Worldwide Limited announced that they will report nine months, 2022 results on Feb 10, 2022 Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improved over the past week After last week's 19% share price gain to ₹247, the stock trades at a trailing P/E ratio of 58.1x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 249% over the past three years. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 16% share price gain to ₹228, the stock trades at a trailing P/E ratio of 53.5x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 240% over the past three years. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 18% share price gain to ₹164, the stock trades at a trailing P/E ratio of 38.5x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 160% over the past three years. Reported Earnings • Nov 01
Second quarter 2022 earnings released The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: ₹6.34b (up 53% from 2Q 2021). Net income: ₹250.1m (up 42% from 2Q 2021). Profit margin: 3.9% (down from 4.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 27% per year. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improved over the past week After last week's 24% share price gain to ₹140, the stock trades at a trailing P/E ratio of 35.9x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 146% over the past three years. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 21% share price gain to ₹114, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 62% over the past three years. Recent Insider Transactions • Sep 22
MD & Director recently bought ₹9.0m worth of stock On the 16th of September, Amit Agrawal bought around 100k shares on-market at roughly ₹89.73 per share. In the last 3 months, they made an even bigger purchase worth ₹13m. Amit has been a buyer over the last 12 months, purchasing a net total of ₹21m worth in shares. Upcoming Dividend • Sep 16
Upcoming dividend of ₹0.15 per share Eligible shareholders must have bought the stock before 23 September 2021. Payment date: 30 October 2021. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.4%). Recent Insider Transactions • Sep 12
MD & Director recently bought ₹13m worth of stock On the 8th of September, Amit Agrawal bought around 150k shares on-market at roughly ₹83.38 per share. This was the largest purchase by an insider in the last 3 months. This was Amit's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 20% share price gain to ₹78.05, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 15x in the Luxury industry in India. Total loss to shareholders of 6.8% over the past three years. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹59.60, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 16x in the Luxury industry in India. Total loss to shareholders of 40% over the past three years. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 18% share price gain to ₹75.45, the stock trades at a trailing P/E ratio of 34.3x. Average trailing P/E is 20x in the Luxury industry in India. Total loss to shareholders of 24% over the past three years. Reported Earnings • Jun 24
Full year 2021 earnings released: EPS ₹2.20 (vs ₹1.42 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: ₹17.0b (down 23% from FY 2020). Net income: ₹442.1m (up 55% from FY 2020). Profit margin: 2.6% (up from 1.3% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% 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. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improved over the past week After last week's 22% share price gain to ₹63.65, the stock trades at a trailing P/E ratio of 45.4x. Average trailing P/E is 18x in the Luxury industry in India. Total loss to shareholders of 42% over the past three years. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improved over the past week After last week's 18% share price gain to ₹54.40, the stock trades at a trailing P/E ratio of 38.8x. Average trailing P/E is 18x in the Luxury industry in India. Total loss to shareholders of 55% over the past three years. Reported Earnings • Feb 11
Third quarter 2021 earnings released: EPS ₹1.26 (vs ₹0.57 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹5.90b (up 22% from 3Q 2020). Net income: ₹252.1m (up 122% from 3Q 2020). Profit margin: 4.3% (up from 2.3% in 3Q 2020). The increase in margin was driven by higher revenue. 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 21% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 04
New 90-day high: ₹66.10 The company is up 34% from its price of ₹49.25 on 06 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 25% over the same period. Is New 90 Day High Low • Dec 14
New 90-day high: ₹59.00 The company is up 19% from its price of ₹49.55 on 15 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Luxury industry, which is also up 19% over the same period. Announcement • Dec 02
Jindal Worldwide Limited Announces Change in Category of Directorship of Rajesh Jain from 'Non-Executive Non-Independent Director' to 'Non-Executive Independent Director' Jindal Worldwide Limited announced at the AGM held on November 30, 2020, the shareholders approved change in Category of Directorship of Mr. Rajesh Jain (DIN: 00209896) from existing category of "Non-Executive Non-Independent Director" to "Non-Executive Independent Director" of the Company. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS ₹0.88 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹4.14b (up 6.0% from 2Q 2020). Net income: ₹176.0m (up 46% from 2Q 2020). Profit margin: 4.3% (up from 3.1% in 2Q 2020). The increase in margin was driven by higher revenue. Announcement • Sep 08
Jindal Worldwide Limited to Report Q1, 2021 Results on Sep 14, 2020 Jindal Worldwide Limited announced that they will report Q1, 2021 results on Sep 14, 2020 
