Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹31.67, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 19x in the Luxury industry in India. Total loss to shareholders of 22% over the past three years. Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹4.39 (vs ₹1.60 loss in FY 2025) Full year 2026 results: EPS: ₹4.39 (up from ₹1.60 loss in FY 2025). Revenue: ₹2.26b (up 20% from FY 2025). Net income: ₹59.5m (up ₹81.2m from FY 2025). Profit margin: 2.6% (up from net loss in FY 2025). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • May 23
Bang Overseas Limited to Report Q4, 2026 Results on May 29, 2026 Bang Overseas Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 29, 2026 Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹36.00, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 17x in the Luxury industry in India. Total loss to shareholders of 8.9% over the past three years. New Risk • Mar 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹370.7m market cap, or US$3.92m). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₹27.34, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 16x in the Luxury industry in India. Total loss to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹33.24, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 17x in the Luxury industry in India. Total loss to shareholders of 16% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.18 (vs ₹0.34 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.18 (down from ₹0.34 in 3Q 2025). Revenue: ₹596.0m (up 19% from 3Q 2025). Net income: ₹2.39m (down 48% from 3Q 2025). Profit margin: 0.4% (down from 0.9% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Feb 06
Bang Overseas Limited to Report Q3, 2026 Results on Feb 14, 2026 Bang Overseas Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 14, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹1.10 (vs ₹0.012 in 2Q 2025) Second quarter 2026 results: EPS: ₹1.10 (up from ₹0.012 in 2Q 2025). Revenue: ₹585.7m (up 21% from 2Q 2025). Net income: ₹15.0m (up ₹14.8m from 2Q 2025). Profit margin: 2.6% (up from 0% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Nov 05
Bang Overseas Limited to Report Q2, 2026 Results on Nov 14, 2025 Bang Overseas Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Announcement • Oct 20
Bang Overseas Limited Announces Appointment of Omkar Govind Jadhav Sangeeta as Company Secretary, KMP and Compliance Officer October 18, 2025 Bang Overseas Limited announced that, Board of Directors of the company at its meeting held i.e. October 18, 2025 have approved the appointment of Mr. Omkar Govind Jadhav Sangeeta (Membership Number: A76360) as Company Secretary, KMP and Compliance officer of the company with effect from October 18, 2025. Mr. Omkar Jadhav is an Associate Member of Institute of Company Secretaries of India. He is a graduate in Law and Post graduate in Commerce with specialization in Business Management from University of Mumbai. Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹59.38, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 29% over the past three years. Announcement • Oct 01
Bang Overseas Limited Approves Appointment of Vedant Bang as Non-Executive Director Bang Overseas Limited at the AGM held on 29 September, 2025 approved appointment of Vedant Bang as Non-Executive Director. Announcement • Sep 02
Bang Overseas Limited, Annual General Meeting, Sep 29, 2025 Bang Overseas Limited, Annual General Meeting, Sep 29, 2025, at 10:30 Indian Standard Time. Announcement • Aug 26
Bang Overseas Limited Appoints Mahesh Ramesh Bhagwat as an Independent Director Bang Overseas Limited announced in 01st Extraordinary General Meeting for the Fiscal Year 2024- 25 held on 25th August, 2025 approved the appointment of Mr. Mahesh Ramesh Bhagwat (DIN: 00505761) as an Independent Director of the Company. Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹1.25 (vs ₹3.22 loss in 1Q 2025) First quarter 2026 results: EPS: ₹1.25 (up from ₹3.22 loss in 1Q 2025). Revenue: ₹489.5m (up 17% from 1Q 2025). Net income: ₹16.9m (up ₹60.6m from 1Q 2025). Profit margin: 3.5% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Aug 09
Bang Overseas Limited to Report Q1, 2026 Results on Aug 13, 2025 Bang Overseas Limited announced that they will report Q1, 2026 results on Aug 13, 2025 New Risk • Jul 16
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 7.1% 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 Earnings have declined by 57% per year over the past 5 years. Market cap is less than US$10m (₹783.8m market cap, or US$9.13m). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). Reported Earnings • Jun 01
Full year 2025 earnings released: ₹1.60 loss per share (vs ₹6.18 loss in FY 2024) Full year 2025 results: ₹1.60 loss per share (improved from ₹6.18 loss in FY 2024). Revenue: ₹1.91b (up 43% from FY 2024). Net loss: ₹21.7m (loss narrowed 74% from FY 2024). 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. Announcement • May 22
Bang Overseas Limited to Report Q4, 2025 Results on May 30, 2025 Bang Overseas Limited announced that they will report Q4, 2025 results on May 30, 2025 Reported Earnings • Feb 19
Third quarter 2025 earnings released: EPS: ₹0.34 (vs ₹2.37 loss in 3Q 2024) Third quarter 2025 results: EPS: ₹0.34 (up from ₹2.37 loss in 3Q 2024). Revenue: ₹502.0m (up 36% from 3Q 2024). Net income: ₹4.57m (up ₹36.8m from 3Q 2024). Profit margin: 0.9% (up from net loss in 3Q 2024). 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 120 percentage points per year, which is a significant difference in performance. Announcement • Feb 07
Bang Overseas Limited to Report Q3, 2025 Results on Feb 14, 2025 Bang Overseas Limited announced that they will report Q3, 2025 results on Feb 14, 2025 New Risk • Jan 21
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹858.5m (US$9.92m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹173m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 64% per year over the past 5 years. Market cap is less than US$10m (₹858.5m market cap, or US$9.92m). Minor Risk Significant insider selling over the past 3 months (₹61m sold). Recent Insider Transactions • Dec 13
Non-Independent Non-Executive Director recently sold ₹61m worth of stock On the 5th of December, Raghvendra Bang sold around 690k shares on-market at roughly ₹87.87 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹0.01 (vs ₹2.68 loss in 2Q 2024) Second quarter 2025 results: EPS: ₹0.01 (up from ₹2.68 loss in 2Q 2024). Revenue: ₹490.5m (up 61% from 2Q 2024). Net income: ₹159.0k (up ₹36.5m from 2Q 2024). Profit margin: 0% (up from net loss in 2Q 2024). 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 127 percentage points per year, which is a significant difference in performance. Announcement • Nov 15
Bang Overseas Limited Announces Change in Company Secretary Bang Overseas Limited announced that Ms. Divya Saboo, Company Secretary and Compliance Officer of the Company has resigned from the position with effect from the closure of working hours on 15 November, 2024 to pursue career opportunity outside the company. Further, This is to inform that Board of Directors of the company at its meeting held on November 14, 2024 have approved the appointment of Ms. Aashi Neema as Company Secretary, KMP and Compliance officer of the company with effect from November 16, 2024. Educational Qualification- Company Secretary (ICSI), B.Comm. She is not related to any Director of the Company. Announcement • Nov 09
Bang Overseas Limited to Report Q2, 2025 Results on Nov 14, 2024 Bang Overseas Limited announced that they will report Q2, 2025 results on Nov 14, 2024 New Risk • Sep 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 65% per year over the past 5 years. Market cap is less than US$10m (₹752.2m market cap, or US$9.00m). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). Announcement • Aug 16
Bang Overseas Limited, Annual General Meeting, Sep 27, 2024 Bang Overseas Limited, Annual General Meeting, Sep 27, 2024, at 12:30 Indian Standard Time. Reported Earnings • Aug 15
First quarter 2025 earnings released: ₹3.22 loss per share (vs ₹0.84 loss in 1Q 2024) First quarter 2025 results: ₹3.22 loss per share (further deteriorated from ₹0.84 loss in 1Q 2024). Revenue: ₹423.7m (up 43% from 1Q 2024). Net loss: ₹43.7m (loss widened 284% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 132 percentage points per year, which is a significant difference in performance. Announcement • Aug 06
Bang Overseas Limited to Report Q1, 2025 Results on Aug 14, 2024 Bang Overseas Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • Jun 04
Full year 2024 earnings released: ₹6.18 loss per share (vs ₹0.85 profit in FY 2023) Full year 2024 results: ₹6.18 loss per share (down from ₹0.85 profit in FY 2023). Revenue: ₹1.37b (up 16% from FY 2023). Net loss: ₹83.8m (down ₹95.3m from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Announcement • May 25
Bang Overseas Limited to Report Q4, 2024 Results on May 30, 2024 Bang Overseas Limited announced that they will report Q4, 2024 results on May 30, 2024 Reported Earnings • Feb 09
Third quarter 2024 earnings released: ₹2.37 loss per share (vs ₹0.07 profit in 3Q 2023) Third quarter 2024 results: ₹2.37 loss per share (down from ₹0.07 profit in 3Q 2023). Revenue: ₹376.1m (up 25% from 3Q 2023). Net loss: ₹32.2m (down ₹33.2m from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Announcement • Feb 08
Bang Overseas Limited Announces Appointment of Ms. Divya Saboo as Company Secretary and Compliance Officer Bang Overseas Limited announced the appointment of s. Divya Saboo as Company Secretary and Compliance Officer, effective from February 8, 2024. She is the member of ICSI and having a Membership No. A72994. Announcement • Jan 31
Bang Overseas Limited to Report Q3, 2024 Results on Feb 08, 2024 Bang Overseas Limited announced that they will report Q3, 2024 results on Feb 08, 2024 Announcement • Nov 10
Bang Overseas Limited Announces Resignation of Aishwarya Srivastava as Company Secretary and Compliance Officer, Effective 10 November 2023 Bang Overseas Limited announced that Ms. Aishwarya Srivastava as Company Secretary and Compliance Officer of the Bang Overseas Limited, vide letter dated 09 November, 2023, has tendered her resignation from the services of the Company. The Company has accepted her resignation and relieved her from responsibilities from the closure of working hours on 10 November, 2023. Reported Earnings • Nov 10
Second quarter 2024 earnings released: ₹2.68 loss per share (vs ₹0.03 profit in 2Q 2023) Second quarter 2024 results: ₹2.68 loss per share (down from ₹0.03 profit in 2Q 2023). Revenue: ₹313.0m (up 10% from 2Q 2023). Net loss: ₹36.4m (down ₹36.7m from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. New Risk • Aug 13
New major risk - Revenue and earnings growth Earnings have declined by 9.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 9.9% per year over the past 5 years. Market cap is less than US$10m (₹644.6m market cap, or US$7.77m). New Risk • Aug 13
New major risk - Revenue and earnings growth Earnings have declined by 9.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 9.9% per year over the past 5 years. Market cap is less than US$10m (₹644.6m market cap, or US$7.77m). Reported Earnings • Aug 13
First quarter 2024 earnings released: ₹0.84 loss per share (vs ₹0.74 profit in 1Q 2023) First quarter 2024 results: ₹0.84 loss per share (down from ₹0.74 profit in 1Q 2023). Revenue: ₹296.8m (up 13% from 1Q 2023). Net loss: ₹11.4m (down 213% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 12
Bang Overseas Limited, Annual General Meeting, Sep 27, 2023 Bang Overseas Limited, Annual General Meeting, Sep 27, 2023. Announcement • Aug 05
Bang Overseas Limited to Report Q1, 2024 Results on Aug 12, 2023 Bang Overseas Limited announced that they will report Q1, 2024 results on Aug 12, 2023 Board Change • Aug 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. 2 experienced directors. 4 highly experienced directors. GM of Design Division & Whole Time Director Vandana Bang was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 03
Full year 2023 earnings released: EPS: ₹0.85 (vs ₹3.64 in FY 2022) Full year 2023 results: EPS: ₹0.85 (down from ₹3.64 in FY 2022). Revenue: ₹1.20b (up 43% from FY 2022). Net income: ₹11.5m (down 77% from FY 2022). Profit margin: 1.0% (down from 5.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 25
Bang Overseas Limited to Report Q4, 2023 Results on May 30, 2023 Bang Overseas Limited announced that they will report Q4, 2023 results on May 30, 2023 Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹0.07 (vs ₹1.29 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.07 (down from ₹1.29 in 3Q 2022). Revenue: ₹309.4m (up 19% from 3Q 2022). Net income: ₹992.0k (down 94% from 3Q 2022). Profit margin: 0.3% (down from 6.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Announcement • Feb 09
Bang Overseas Limited to Report Q3, 2023 Results on Feb 14, 2023 Bang Overseas Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Reported Earnings • Nov 20
Second quarter 2023 earnings released: EPS: ₹0.03 (vs ₹0.36 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.03 (down from ₹0.36 in 2Q 2022). Revenue: ₹288.2m (up 59% from 2Q 2022). Net income: ₹376.0k (down 92% from 2Q 2022). Profit margin: 0.1% (down from 2.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings. Announcement • Nov 08
Bang Overseas Limited to Report Q2, 2023 Results on Nov 14, 2022 Bang Overseas Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improved over the past week After last week's 15% share price gain to ₹57.05, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 220% over the past three years. Announcement • Oct 30
Bang Overseas Announces Resignation of Ms. Guru Simran Kaur Nopal as Company Secretary and Compliance Officer Bang Overseas Limited announced that Ms. Guru Simran Kaur Nopal (Membership No. A-63870) has resigned from the post of Company Secretary and Compliance Officer of the Company with effect from 29th October, 2022 after the working hours of the Company. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₹46.50, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 114% over the past three years. Announcement • Sep 02
Bang Overseas Limited, Annual General Meeting, Sep 30, 2022 Bang Overseas Limited, Annual General Meeting, Sep 30, 2022. Reported Earnings • Aug 19
First quarter 2023 earnings released: EPS: ₹0.74 (vs ₹0.87 in 1Q 2022) First quarter 2023 results: EPS: ₹0.74 (down from ₹0.87 in 1Q 2022). Revenue: ₹266.0m (up 92% from 1Q 2022). Net income: ₹10.0m (down 15% from 1Q 2022). Profit margin: 3.8% (down from 8.5% in 1Q 2022). The decrease in margin was driven by higher expenses. Announcement • Aug 06
Bang Overseas Limited to Report Q1, 2023 Results on Aug 13, 2022 Bang Overseas Limited announced that they will report Q1, 2023 results on Aug 13, 2022 Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improved over the past week After last week's 24% share price gain to ₹50.80, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 11% over the past three years. Reported Earnings • Jun 03
Full year 2022 earnings released: EPS: ₹3.64 (vs ₹1.03 in FY 2021) Full year 2022 results: EPS: ₹3.64 (up from ₹1.03 in FY 2021). Revenue: ₹835.0m (up 46% from FY 2021). Net income: ₹49.3m (up 253% from FY 2021). Profit margin: 5.9% (up from 2.4% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 25
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹39.00, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 12x in the Luxury industry in India. Total loss to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹52.80, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 19% share price gain to ₹38.30, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 2.5% over the past three years. Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹1.29 (up from ₹0.89 in 3Q 2021). Revenue: ₹264.5m (up 33% from 3Q 2021). Net income: ₹17.5m (up 44% from 3Q 2021). Profit margin: 6.6% (up from 6.1% 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 remained flat whereas the company’s share price has fallen by 5% per year. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹34.65, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 13x in the Luxury industry in India. Total loss to shareholders of 40% over the past three years. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improved over the past week After last week's 16% share price gain to ₹36.80, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 12x in the Luxury industry in India. Total loss to shareholders of 30% over the past three years. Reported Earnings • Nov 18
Second quarter 2022 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹186.1m (up 49% from 2Q 2021). Net income: ₹4.85m (up 153% from 2Q 2021). Profit margin: 2.6% (up from 1.5% in 2Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment improved over the past week After last week's 20% share price gain to ₹40.40, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 16x in the Luxury industry in India. Total loss to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improved over the past week After last week's 20% share price gain to ₹35.50, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 14x in the Luxury industry in India. Total loss to shareholders of 26% over the past three years. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹0.87 (vs ₹0.76 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹144.4m (up ₹137.2m from 1Q 2021). Net income: ₹11.8m (up ₹22.0m from 1Q 2021). Profit margin: 8.2% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹41.30, the stock trades at a trailing P/E ratio of 40.1x. Average trailing P/E is 21x in the Luxury industry in India. Total loss to shareholders of 24% over the past three years. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improved over the past week After last week's 23% share price gain to ₹41.05, the stock trades at a trailing P/E ratio of 39.9x. Average trailing P/E is 19x in the Luxury industry in India. Total loss to shareholders of 23% over the past three years. Reported Earnings • Jul 03
Full year 2021 earnings released: EPS ₹1.03 (vs ₹5.38 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹624.3m (down 44% from FY 2020). Net income: ₹14.0m (down 81% from FY 2020). Profit margin: 2.2% (down from 6.6% 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 22% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Mar 17
Bang Overseas Limited Appoints Labdhi S. Shah as Company Secretary and Compliance Officer Bang Overseas Limited announced appointment of Labdhi S. Shah as the company secretary and compliance officer of the company with effect from March 16, 2021. Labdhi S. Shah is an associate member of the Institute of Company Secretaries of India. She worked as company secretary in Ascensia Diabetes Care India Private Limited from July 1, 2020 to March 4, 2021. Reported Earnings • Feb 17
Third quarter 2021 earnings released: EPS ₹0.89 (vs ₹3.79 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹190.9m (down 32% from 3Q 2020). Net income: ₹12.1m (down 76% from 3Q 2020). Profit margin: 6.4% (down from 18% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% 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 • Feb 06
Bang Overseas Limited to Report Q3, 2021 Results on Feb 13, 2021 Bang Overseas Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Announcement • Jan 10
Bang Overseas Limited Announces Resignation of Harsh Joshi as Company Secretary and Compliance Officer, with Effect from January 09, 2021 Bang Overseas Limited announced that Mr. Harsh Joshi has resigned from the post of Company Secretary and Compliance Officer of Bang Overseas Limited (the Company) with effect from close of working hours on January 09, 2021. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improved over the past week After last week's 20% share price gain to ₹29.40, the stock is trading at a trailing P/E ratio of 14.5x, up from the previous P/E ratio of 12.1x. This compares to an average P/E of 19x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 29%. Valuation Update With 7 Day Price Move • Dec 07
Market bids up stock over the past week After last week's 21% share price gain to ₹24.35, the stock is trading at a trailing P/E ratio of 12x, up from the previous P/E ratio of 10x. This compares to an average P/E of 16x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 38%. Is New 90 Day High Low • Dec 03
New 90-day high: ₹22.90 The company is up 16% from its price of ₹19.75 on 04 September 2020. The Indian market is up 13% 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 16% over the same period. Is New 90 Day High Low • Oct 09
New 90-day high: ₹20.30 The company is up 6.0% from its price of ₹19.10 on 10 July 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 19% over the same period. Reported Earnings • Sep 18
First quarter earnings released Over the last 12 months the company has reported total profits of ₹1.23m, down 96% from the prior year. Total revenue was ₹874.3m over the last 12 months, down 42% from the prior year. Announcement • Sep 08
Bang Overseas Limited to Report Q1, 2021 Results on Sep 15, 2020 Bang Overseas Limited announced that they will report Q1, 2021 results on Sep 15, 2020 Announcement • Jul 25
Bang Overseas Limited to Report Q4, 2020 Results on Jul 31, 2020 Bang Overseas Limited announced that they will report Q4, 2020 results on Jul 31, 2020