Reported Earnings • Jul 18
First quarter 2027 earnings released: EPS: ₹0.43 (vs ₹0.93 in 1Q 2026) First quarter 2027 results: EPS: ₹0.43 (down from ₹0.93 in 1Q 2026). Revenue: ₹41.7m (up 306% from 1Q 2026). Net income: ₹4.54m (down 54% from 1Q 2026). Profit margin: 11% (down from 95% in 1Q 2026). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • Jul 17
Lakhotia Polyesters (India) Limited Announces Resignation of Nikunj Shrawan Bihani as Non-Executive Independent Director , Effective July 17, 2026 Lakhotia Polyesters (India) Limited announced at the board meeting held on July 17, 2026 resignation of Mr. Nikunj Shrawan Bihani (DIN: 09773768) from the position of the Non-Executive Independent Director of the Company with effect from July 17, 2026. The reason for resignation was due to pre-occupation and personal unavoidable circumstances. There are no other material reasons for his resignation other than professional commitments. Announcement • Jul 11
Lakhotia Polyesters (India) Limited to Report Q1, 2027 Results on Jul 17, 2026 Lakhotia Polyesters (India) Limited announced that they will report Q1, 2027 results on Jul 17, 2026 New Risk • Jun 19
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 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Market cap is less than US$10m (₹704.7m market cap, or US$7.47m). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Revenue is less than US$5m (₹158m revenue, or US$1.7m). Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹63.50, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 87% over the past three years. Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹66.60, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 145% over the past three years. Reported Earnings • Apr 30
Full year 2026 earnings released: EPS: ₹2.27 (vs ₹5.75 in FY 2025) Full year 2026 results: EPS: ₹2.27 (down from ₹5.75 in FY 2025). Revenue: ₹197.6m (down 67% from FY 2025). Net income: ₹23.8m (down 61% from FY 2025). Profit margin: 12% (up from 10.0% in FY 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Apr 21
Lakhotia Polyesters (India) Limited to Report Q4, 2026 Results on Apr 28, 2026 Lakhotia Polyesters (India) Limited announced that they will report Q4, 2026 results on Apr 28, 2026 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹74.01, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 98% over the past three years. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹63.50, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 151% over the past three years. Reported Earnings • Jan 20
Third quarter 2026 earnings released Third quarter 2026 results: EPS: ₹0.63. Revenue: ₹84.8m (down 66% from 3Q 2025). Net income: ₹6.63m (down 39% from 3Q 2025). Profit margin: 7.8% (up from 4.4% in 3Q 2025). The increase in margin was driven by lower expenses. Announcement • Jan 08
Lakhotia Polyesters (India) Limited to Report Q3, 2026 Results on Jan 19, 2026 Lakhotia Polyesters (India) Limited announced that they will report Q3, 2026 results on Jan 19, 2026 Board Change • Jan 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. Independent Non-Executive Director Kanhaiya Sharma 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. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹72.92, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 266% over the past three years. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₹69.35, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 21x in the Luxury industry in India. Total returns to shareholders of 248% over the past three years. New Risk • Nov 19
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₹442m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (49% accrual ratio). Minor Risks Revenue is less than US$5m (₹442m revenue, or US$5.0m). Market cap is less than US$100m (₹890.3m market cap, or US$10.1m). Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹90.40, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 24x in the Luxury industry in India. Total returns to shareholders of 353% over the past three years. Announcement • Nov 05
Lakhotia Polyesters (India) Limited to Report Q2, 2026 Results on Nov 12, 2025 Lakhotia Polyesters (India) Limited announced that they will report Q2, 2026 results on Nov 12, 2025 Valuation Update With 7 Day Price Move • Oct 23
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹130, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 24x in the Luxury industry in India. Total returns to shareholders of 585% over the past three years. Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₹73.80, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 25x in the Luxury industry in India. Total returns to shareholders of 308% over the past three years. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹46.97, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 24x in the Luxury industry in India. Total returns to shareholders of 147% over the past three years. Announcement • Aug 22
Lakhotia Polyesters (India) Limited, Annual General Meeting, Sep 23, 2025 Lakhotia Polyesters (India) Limited, Annual General Meeting, Sep 23, 2025. Reported Earnings • Jul 25
First quarter 2026 earnings released First quarter 2026 results: EPS: ₹0.93. Revenue: ₹17.0m (up 374% from 1Q 2025). Net income: ₹9.78m (up ₹11.6m from 1Q 2025). Profit margin: 58% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Announcement • Jul 21
Lakhotia Polyesters (India) Limited to Report Q1, 2026 Results on Jul 24, 2025 Lakhotia Polyesters (India) Limited announced that they will report Q1, 2026 results on Jul 24, 2025 New Risk • Jul 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.9% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.9% average weekly change). High level of non-cash earnings (64% accrual ratio). Market cap is less than US$10m (₹429.4m market cap, or US$5.02m). Reported Earnings • May 30
Full year 2025 earnings released: EPS: ₹6.18 (vs ₹0.064 in FY 2024) Full year 2025 results: EPS: ₹6.18 (up from ₹0.064 in FY 2024). Revenue: ₹721.7m (up 160% from FY 2024). Net income: ₹60.2m (up ₹59.5m from FY 2024). Profit margin: 8.3% (up from 0.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. New Risk • May 28
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 8.6% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Market cap is less than US$10m (₹413.4m market cap, or US$4.84m). Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Announcement • May 21
Lakhotia Polyesters (India) Limited to Report Q4, 2025 Results on May 28, 2025 Lakhotia Polyesters (India) Limited announced that they will report Q4, 2025 results on May 28, 2025 Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹44.99, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 27x in the Luxury industry in India. Total returns to shareholders of 173% over the past three years. Reported Earnings • Jan 31
Third quarter 2025 earnings released: EPS: ₹3.66 (vs ₹0.29 in 3Q 2024) Third quarter 2025 results: EPS: ₹3.66 (up from ₹0.29 in 3Q 2024). Revenue: ₹259.8m (up 63% from 3Q 2024). Net income: ₹10.9m (up 255% from 3Q 2024). Profit margin: 4.2% (up from 1.9% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Announcement • Jan 23
Lakhotia Polyesters (India) Limited to Report Q3, 2025 Results on Jan 30, 2025 Lakhotia Polyesters (India) Limited announced that they will report Q3, 2025 results on Jan 30, 2025 Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹36.63, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 212% over the past three years. Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹29.27, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 150% over the past three years. Reported Earnings • Nov 09
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: ₹247.2m (up ₹207.3m from 2Q 2024). Net income: ₹11.4m (up ₹14.1m from 2Q 2024). Profit margin: 4.6% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. New Risk • Nov 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 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 35% per year over the past 5 years. Market cap is less than US$10m (₹274.9m market cap, or US$3.27m). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Revenue is less than US$5m (₹252m revenue, or US$3.0m). Announcement • Oct 31
Lakhotia Polyesters (India) Limited to Report Q2, 2025 Results on Nov 05, 2024 Lakhotia Polyesters (India) Limited announced that they will report Q2, 2025 results on Nov 05, 2024 New Risk • Aug 14
New major risk - Revenue and earnings growth Earnings have declined by 35% 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 35% per year over the past 5 years. Market cap is less than US$10m (₹444.1m market cap, or US$5.29m). Minor Risk Revenue is less than US$5m (₹254m revenue, or US$3.0m). Announcement • Aug 13
Lakhotia Polyesters (India) Limited, Annual General Meeting, Sep 26, 2024 Lakhotia Polyesters (India) Limited, Annual General Meeting, Sep 26, 2024. Announcement • Aug 07
Lakhotia Polyesters (India) Limited to Report Q1, 2025 Results on Aug 12, 2024 Lakhotia Polyesters (India) Limited announced that they will report Q1, 2025 results on Aug 12, 2024 New Risk • May 29
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Market cap is less than US$10m (₹376.0m market cap, or US$4.52m). Minor Risk Revenue is less than US$5m (₹285m revenue, or US$3.4m). Reported Earnings • May 29
Full year 2024 earnings released Full year 2024 results: Revenue: ₹284.8m (up 102% from FY 2023). Net income: ₹667.0k (up ₹19.8m from FY 2023). Profit margin: 0.2% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 66% per year, which means it is well ahead of earnings. Announcement • May 18
Lakhotia Polyesters (India) Limited to Report Q4, 2024 Results on May 27, 2024 Lakhotia Polyesters (India) Limited announced that they will report Q4, 2024 results on May 27, 2024 Buy Or Sell Opportunity • Mar 18
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 21% to ₹44.85. The fair value is estimated to be ₹36.96, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Feb 10
Third quarter 2024 earnings released Third quarter 2024 results: EPS: ₹0.29. Revenue: ₹162.2m (up 430% from 3Q 2023). Net income: ₹3.06m (up ₹11.1m from 3Q 2023). Profit margin: 1.9% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 80% per year, which means it is well ahead of earnings. Announcement • Jan 31
Lakhotia Polyesters (India) Limited to Report Q3, 2024 Results on Feb 09, 2024 Lakhotia Polyesters (India) Limited announced that they will report Q3, 2024 results on Feb 09, 2024 Announcement • Oct 24
Lakhotia Polyesters (India) Limited to Report Q2, 2024 Results on Nov 06, 2023 Lakhotia Polyesters (India) Limited announced that they will report Q2, 2024 results on Nov 06, 2023 Announcement • Aug 10
Lakhotia Polyesters (India) Limited, Annual General Meeting, Sep 25, 2023 Lakhotia Polyesters (India) Limited, Annual General Meeting, Sep 25, 2023. Announcement • Aug 03
Lakhotia Polyesters (India) Limited to Report Q1, 2024 Results on Aug 09, 2023 Lakhotia Polyesters (India) Limited announced that they will report Q1, 2024 results on Aug 09, 2023 New Risk • Jul 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (₹330.9m market cap, or US$4.04m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Revenue is less than US$5m (₹140m revenue, or US$1.7m). Board Change • Jul 24
Less than half of directors are independent 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. 2 highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Independent Director Vahishtha Pandiya was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Mar 13
Less than half of directors are independent 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. 2 highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Independent Director Vahishtha Pandiya was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Feb 13
Less than half of directors are independent 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. 2 highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Independent Director Vahishtha Pandiya was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Jan 22
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: ₹30.4m (up ₹28.3m from 3Q 2022). Net loss: ₹8.04m (loss widened 390% from 3Q 2022). Board Change • Jan 20
Less than half of directors are independent 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. 2 highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Independent Director Vahishtha Pandiya was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jan 17
Lakhotia Polyesters (India) Limited Announces Board Resignations Lakhotia Polyesters (India) Limited announced that Mrs. Kajal Dubey, and Mrs. Priyanka Bihani, Non- Executive, Non-Independent Directors, have tendered their resignation from the Board of Directors of the company with effect from December 01, 2022. Mrs. Kajal Dubey resignation due to pre-occupancy and personal reasons, has voluntarily relinquished her position as Board member with effect from December 01, 2022. Mrs. Priyanka Bihani resignation due to pre-occupancy and personal reasons, has voluntarily relinquished her position as Board member with effect from December 01, 2022. Announcement • Jan 14
Lakhotia Polyesters (India) Limited to Report Q3, 2023 Results on Jan 21, 2023 Lakhotia Polyesters (India) Limited announced that they will report Q3, 2023 results on Jan 21, 2023 Board Change • Oct 25
High number of new directors Additional Non-Executive & Non-Independent Director Kajal Dubey was the last director to join the board, commencing their role in 2022. Announcement • Oct 11
Lakhotia Polyesters (India) Limited Announces Appointment of Non-Executive, Non-Independent Directors Lakhotia Polyesters (India) Limited announced that in continuation to its communication dated October 07, 2022 regarding change in directorate and outcome of board meeting, noted that Mrs. Kajal Dubey and Mrs. Priyanka Bihani have been appointed as Additional Director in the category of (Non-Executive, Non-Independent Director) of the Company, however, inadvertently due to typographical error, their category has been stated as Non-Executive, Independent instead of Non-Executive, NonIndependent. Therefore, appointment of Mrs. Kajal Dubey and Mrs. Priyanka Bihani shall be treated as Additional Directors in the category of (Non-Executive, Non-Independent Director) of the Company. Board Change • Oct 10
Less than half of directors are independent 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. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Independent Director Sri Mundra was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 12
Less than half of directors are independent 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. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Independent Director Sri Mundra was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 07
First quarter 2023 earnings released First quarter 2023 results: EPS: ₹0.89. Revenue: ₹13.1m (down 85% from 1Q 2022). Net income: ₹3.72m (up 298% from 1Q 2022). Profit margin: 28% (up from 1.1% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Announcement • Aug 06
Lakhotia Polyesters (India) Limited, Annual General Meeting, Sep 20, 2022 Lakhotia Polyesters (India) Limited, Annual General Meeting, Sep 20, 2022. Announcement • Jul 26
Lakhotia Polyesters (India) Limited to Report Q1, 2023 Results on Aug 02, 2022 Lakhotia Polyesters (India) Limited announced that they will report Q1, 2023 results on Aug 02, 2022 Board Change • Jul 04
Less than half of directors are independent 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. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Independent Director Sri Mundra was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • May 18
Lakhotia Polyesters (India) Limited to Report Q4, 2022 Results on May 26, 2022 Lakhotia Polyesters (India) Limited announced that they will report Q4, 2022 results on May 26, 2022 Board Change • May 10
Less than half of directors are independent 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. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Independent Director Sri Mundra was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Mar 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Sri Mundra was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 25
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Sri Mundra was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹0.21 loss per share (down from ₹0.13 loss in 3Q 2021). Revenue: ₹2.08m (down 97% from 3Q 2021). Net loss: ₹1.64m (flat on 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Reported Earnings • Nov 07
Second quarter 2022 earnings released The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2022 results: Revenue: ₹23.9m (down 28% from 2Q 2021). Net loss: ₹3.03m (down ₹3.18m from profit in 2Q 2021). Board Change • Sep 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Sri Mundra was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Is New 90 Day High Low • Mar 15
New 90-day low: ₹8.14 The company is down 8.0% from a price of ₹8.88 on 15 December 2020. Underperformed the Indian market, which is up 14% over the last 90 days. Lagged the Luxury industry, which is up 12% over the same period. Reported Earnings • Feb 03
Third quarter 2021 earnings released: ₹0.13 loss per share (vs ₹0.22 loss in 3Q 2020) The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: ₹66.6m (up ₹56.4m from 3Q 2020). Net loss: ₹1.63m (loss widened 10% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 62% 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 • Jan 23
Lakhotia Polyesters (India) Limited to Report Q3, 2021 Results on Feb 01, 2021 Lakhotia Polyesters (India) Limited announced that they will report Q3, 2021 results on Feb 01, 2021 Announcement • Oct 14
Lakhotia Polyesters (India) Limited to Report Q1, 2020 Results on Oct 13, 2020 Lakhotia Polyesters (India) Limited announced that they will report Q1, 2020 results on Oct 13, 2020 Announcement • Jul 31
Lakhotia Polyesters (India) Limited to Report Q4, 2020 Results on Jul 29, 2020 Lakhotia Polyesters (India) Limited announced that they will report Q4, 2020 results on Jul 29, 2020