Reported Earnings • May 23
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: ₹34.52 (down from ₹54.97 in FY 2025). Revenue: ₹29.6b (up 15% from FY 2025). Net income: ₹1.04b (down 37% from FY 2025). Profit margin: 3.5% (down from 6.4% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.6%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year. Announcement • May 11
Lux Industries Limited to Report Q4, 2026 Results on May 21, 2026 Lux Industries Limited announced that they will report Q4, 2026 results at 12:08 PM, Indian Standard Time on May 21, 2026 Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹1,756, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 26x in the Luxury industry in India. Total returns to shareholders of 30% over the past three years. New Risk • Apr 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.4% 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: Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (3.8% net profit margin). Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to ₹1,084, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Luxury industry in India. Total loss to shareholders of 11% over the past three years. Price Target Changed • Feb 17
Price target decreased by 23% to ₹1,159 Down from ₹1,497, the current price target is provided by 1 analyst. New target price is 20% above last closing price of ₹968. Stock is down 25% over the past year. The company is forecast to post earnings per share of ₹33.00 for next year compared to ₹54.97 last year. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹4.29 (vs ₹10.66 in 3Q 2025) Third quarter 2026 results: EPS: ₹4.29 (down from ₹10.66 in 3Q 2025). Revenue: ₹6.79b (up 23% from 3Q 2025). Net income: ₹129.1m (down 60% from 3Q 2025). Profit margin: 1.9% (down from 5.8% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Jan 15
Lux Industries Limited to Report Q3, 2026 Results on Feb 14, 2026 Lux Industries Limited announced that they will report Q3, 2026 results at 9:08 AM, Indian Standard Time on Feb 14, 2026 New Risk • Nov 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.6% Last year net profit margin: 6.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (4.6% net profit margin). Announcement • Oct 24
Lux Industries Limited to Report Q2, 2026 Results on Nov 08, 2025 Lux Industries Limited announced that they will report Q2, 2026 results at 12:08 PM, Indian Standard Time on Nov 08, 2025 Upcoming Dividend • Sep 08
Upcoming dividend of ₹2.00 per share Eligible shareholders must have bought the stock before 15 September 2025. Payment date: 22 October 2025. Payout ratio is a comfortable 3.6% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.6%). Declared Dividend • Aug 16
Dividend of ₹2.00 announced Dividend of ₹2.00 is the same as last year. Ex-date: 15th September 2025 Payment date: 22nd October 2025 Dividend yield will be 0.2%, which is lower than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (4% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Aug 14
Lux Industries Limited, Annual General Meeting, Sep 22, 2025 Lux Industries Limited, Annual General Meeting, Sep 22, 2025, at 11:00 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹7.84 (vs ₹11.30 in 1Q 2025) First quarter 2026 results: EPS: ₹7.84 (down from ₹11.30 in 1Q 2025). Revenue: ₹6.13b (up 15% from 1Q 2025). Net income: ₹235.7m (down 31% from 1Q 2025). Profit margin: 3.8% (down from 6.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Jul 25
Lux Industries Limited to Report Q1, 2026 Results on Aug 12, 2025 Lux Industries Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • May 24
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: ₹54.97 (up from ₹43.07 in FY 2024). Revenue: ₹26.1b (up 12% from FY 2024). Net income: ₹1.65b (up 28% from FY 2024). Profit margin: 6.3% (up from 5.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.4%. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,564, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 25x in the Luxury industry in India. Total loss to shareholders of 27% over the past three years. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹1,438, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 23x in the Luxury industry in India. Total loss to shareholders of 36% over the past three years. Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: ₹10.66 (vs ₹6.72 in 3Q 2024) Third quarter 2025 results: EPS: ₹10.66 (up from ₹6.72 in 3Q 2024). Revenue: ₹5.57b (up 25% from 3Q 2024). Net income: ₹320.6m (up 59% from 3Q 2024). Profit margin: 5.8% (up from 4.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Announcement • Jan 28
Lux Industries Limited to Report Q3, 2025 Results on Feb 13, 2025 Lux Industries Limited announced that they will report Q3, 2025 results on Feb 13, 2025 Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: ₹17.02 (vs ₹12.33 in 2Q 2024) Second quarter 2025 results: EPS: ₹17.02 (up from ₹12.33 in 2Q 2024). Revenue: ₹6.91b (up 8.1% from 2Q 2024). Net income: ₹511.8m (up 38% from 2Q 2024). Profit margin: 7.4% (up from 5.8% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Announcement • Oct 25
Lux Industries Limited to Report Q2, 2025 Results on Nov 12, 2024 Lux Industries Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Announcement • Sep 26
Lux Industries Limited Approves Dividend for the Financial Year Ended March 31, 2024 Lux Industries Limited announced that at the AGM held on 26 September, 2024 approved dividend of INR 2.00 per equity share (100% of face value of INR 2 each) for the financial year ended March 31, 2024. Upcoming Dividend • Sep 12
Upcoming dividend of ₹2.00 per share Eligible shareholders must have bought the stock before 19 September 2024. Payment date: 26 October 2024. Payout ratio is a comfortable 4.6% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.0%). Lower than average of industry peers (0.5%). Announcement • Aug 30
Lux Industries Limited Announces Resignation of Udai Kumar Agarwal as Chief Operating Officer and Senior Management Personnel, Effective August 31, 2024 Lux Industries Limited announced that Mr. Udai Kumar Agarwal, the Chief Operating Officer and a Senior Management Personnel of the Company as per Regulation 16(1)(d) of SEBI Listing Regulations, has tendered his resignation from the services of the
Company to be effective from the close of business hours on August 31, 2024 to explore new business opportunities. There is no other reason for his resignation other than as stated. Declared Dividend • Aug 21
Dividend reduced to ₹2.00 Dividend of ₹2.00 is 60% lower than last year. Ex-date: 19th September 2024 Payment date: 26th October 2024 Dividend yield will be 0.08%, which is lower than the industry average of 0.4%. Payout Ratios Payout ratio: 5%. Cash payout ratio: 3%. Announcement • Aug 19
Lux Industries Limited, Annual General Meeting, Sep 26, 2024 Lux Industries Limited, Annual General Meeting, Sep 26, 2024, at 11:00 Indian Standard Time. Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: ₹11.30 (vs ₹5.55 in 1Q 2024) First quarter 2025 results: EPS: ₹11.30 (up from ₹5.55 in 1Q 2024). Revenue: ₹5.45b (up 4.8% from 1Q 2024). Net income: ₹339.8m (up 104% from 1Q 2024). Profit margin: 6.2% (up from 3.2% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Announcement • Aug 03
Lux Industries Limited to Report Q1, 2025 Results on Aug 14, 2024 Lux Industries Limited announced that they will report Q1, 2025 results at 12:08 PM, Indian Standard Time on Aug 14, 2024 New Risk • Jul 15
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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,761, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 29x in the Luxury industry in India. Total loss to shareholders of 52% over the past three years. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹43.07 (vs ₹47.23 in FY 2023) Full year 2024 results: EPS: ₹43.07 (down from ₹47.23 in FY 2023). Revenue: ₹23.5b (down 1.4% from FY 2023). Net income: ₹1.30b (down 8.8% from FY 2023). Profit margin: 5.5% (down from 6.0% in FY 2023). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Announcement • May 23
Lux Industries Limited to Report Q4, 2024 Results on May 30, 2024 Lux Industries Limited announced that they will report Q4, 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,333, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 25x in the Luxury industry in India. Total loss to shareholders of 29% over the past three years. Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: ₹6.72 (vs ₹6.01 in 3Q 2023) Third quarter 2024 results: EPS: ₹6.72 (up from ₹6.01 in 3Q 2023). Revenue: ₹4.47b (down 2.7% from 3Q 2023). Net income: ₹202.1m (up 12% from 3Q 2023). Profit margin: 4.5% (up from 3.9% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. 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 10% per year, which means it has not declined as severely as earnings. Announcement • Jan 23
Lux Industries Limited to Report Nine Months, 2024 Results on Jan 31, 2024 Lux Industries Limited announced that they will report nine months, 2024 results on Jan 31, 2024 Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: ₹12.33 (vs ₹13.97 in 2Q 2023) Second quarter 2024 results: EPS: ₹12.33 (down from ₹13.97 in 2Q 2023). Revenue: ₹6.44b (up 1.2% from 2Q 2023). Net income: ₹370.9m (down 12% from 2Q 2023). Profit margin: 5.8% (down from 6.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Oct 29
Lux Industries Limited to Report Q2, 2024 Results on Nov 07, 2023 Lux Industries Limited announced that they will report Q2, 2024 results on Nov 07, 2023 Announcement • Oct 01
Lux Industries Limited Approves Dividend for the Financial Year Ended March 31, 2023 Lux Industries Limited announced that at its AGM held on September 29, 2023, the shareholders approved dividend of INR 5.00 per equity shares (250%) of face value of INR 2 each, for the financial year ended March 31, 2023. Upcoming Dividend • Sep 15
Upcoming dividend of ₹5.00 per share at 0.3% yield Eligible shareholders must have bought the stock before 22 September 2023. Payment date: 29 October 2023. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.5%). Announcement • Aug 20
Lux Industries Limited, Annual General Meeting, Sep 29, 2023 Lux Industries Limited, Annual General Meeting, Sep 29, 2023, at 11:00 Indian Standard Time. Reported Earnings • Aug 15
First quarter 2024 earnings released: EPS: ₹5.55 (vs ₹16.87 in 1Q 2023) First quarter 2024 results: EPS: ₹5.55 (down from ₹16.87 in 1Q 2023). Revenue: ₹5.25b (down 7.6% from 1Q 2023). Net income: ₹166.8m (down 67% from 1Q 2023). Profit margin: 3.2% (down from 8.9% in 1Q 2023). The decrease in margin was driven by lower revenue. 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 3% per year, which means it is well ahead of earnings. Announcement • Aug 05
Lux Industries Limited to Report Q1, 2024 Results on Aug 14, 2023 Lux Industries Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Reported Earnings • May 31
Full year 2023 earnings released: EPS: ₹47.23 (vs ₹113 in FY 2022) Full year 2023 results: EPS: ₹47.23 (down from ₹113 in FY 2022). Revenue: ₹24.0b (up 4.4% from FY 2022). Net income: ₹1.42b (down 58% from FY 2022). Profit margin: 5.9% (down from 15% 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 8% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 21
Lux Industries Limited to Report Q4, 2023 Results on May 30, 2023 Lux Industries Limited announced that they will report Q4, 2023 results at 12:08 PM, Indian Standard Time on May 30, 2023 Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: ₹6.01 (vs ₹33.69 in 3Q 2022) Third quarter 2023 results: EPS: ₹6.01 (down from ₹33.69 in 3Q 2022). Revenue: ₹4.63b (down 30% from 3Q 2022). Net income: ₹180.8m (down 82% from 3Q 2022). Profit margin: 3.9% (down from 15% 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 19% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Jan 29
Lux Industries Limited to Report Q3, 2023 Results on Feb 09, 2023 Lux Industries Limited announced that they will report Q3, 2023 results on Feb 09, 2023 Announcement • Dec 07
Lux Industries Limited Announces the Resignation of Saurabh Kumar Bhudolia as Chief Financial Officer, Effective 15 January 2023 Lux Industries Limited announced that Mr. Saurabh Kumar Bhudolia has tendered his resignation as the Chief Financial Officer of the Company in view of his decision to pursue a career opportunity outside Lux and his last working day will be 15 January 2023. Reported Earnings • Nov 16
First quarter 2023 earnings released: EPS: ₹16.87 (vs ₹21.34 in 1Q 2022) First quarter 2023 results: EPS: ₹16.87 (down from ₹21.34 in 1Q 2022). Revenue: ₹5.69b (up 36% from 1Q 2022). Net income: ₹507.4m (down 21% from 1Q 2022). Profit margin: 8.9% (down from 15% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Price Target Changed • Nov 16
Price target increased to ₹5,322 Up from ₹4,383, the current price target is provided by 1 analyst. New target price is 213% above last closing price of ₹1,699. Stock is down 63% over the past year. The company posted earnings per share of ₹113 last year. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Rajnish Rikhy was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 15
Lux Industries Limited Appoints Udai Kumar Agarwal as Chief Operating Officer Lux Industries Limited appointed Udai Kumar Agarwal as Chief Operating Officer of the company with effect from 14 November 2022. Mr. Udai Kumar Agarwal is a member of Institute of Chartered Accountants of India & Instituteof Cost & Management Accountants of India and has extensive experien ce of working for more than 13 years in Manufacturing Industry. He has expertise in Strategic planning, Setting up of Projects, Business Development and Business Process Improvement. His success stories include, Setting up of Green Field Apparel Project, launching of leggings brand `TSG BREEZE' which became popular in India as well as in other countries. He has represented many global companies having recognition worldwide such as Creora, PT, Primayudha Madirijaya, PT. Pabrik Kertas, Bierrebi, MHM, Brother, Kansai, Shanggong, Pindarus, Hemway & Unitech. Announcement • Nov 02
Lux Industries Limited to Report Q2, 2023 Results on Nov 14, 2022 Lux Industries Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Recent Insider Transactions • Sep 19
Insider recently sold ₹96m worth of stock On the 13th of September, Rohit Poddar sold around 51k shares on-market at roughly ₹1,871 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. Price Target Changed • Sep 17
Price target increased to ₹5,322 Up from ₹4,383, the current price target is provided by 1 analyst. New target price is 180% above last closing price of ₹1,899. Stock is down 52% over the past year. The company posted earnings per share of ₹113 last year. Reported Earnings • Aug 10
First quarter 2023 earnings released: EPS: ₹16.87 (vs ₹21.34 in 1Q 2022) First quarter 2023 results: EPS: ₹16.87 (down from ₹21.34 in 1Q 2022). Net income: ₹507.4m (down 21% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Jul 30
Lux Industries Limited to Report Q1, 2023 Results on Aug 09, 2022 Lux Industries Limited announced that they will report Q1, 2023 results on Aug 09, 2022 Price Target Changed • Jun 07
Price target decreased to ₹2,941 Down from ₹4,383, the current price target is provided by 1 analyst. New target price is 51% above last closing price of ₹1,945. Stock is down 40% over the past year. The company posted earnings per share of ₹113 last year. Reported Earnings • May 31
Full year 2022 earnings released: EPS: ₹113 (vs ₹90.25 in FY 2021) Full year 2022 results: EPS: ₹113 (up from ₹90.25 in FY 2021). Revenue: ₹23.1b (up 19% from FY 2021). Net income: ₹3.40b (up 25% from FY 2021). Profit margin: 15% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • May 20
Lux Industries Limited to Report Q4, 2022 Results on May 30, 2022 Lux Industries Limited announced that they will report Q4, 2022 results on May 30, 2022 Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Rajnish Rikhy was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered 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: EPS: ₹33.69 (up from ₹21.96 in 3Q 2021). Revenue: ₹6.64b (up 70% from 3Q 2021). Net income: ₹1.01b (up 83% from 3Q 2021). Profit margin: 15% (up from 14% 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 41% per year whereas the company’s share price has increased by 36% per year. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 27% share price decline to ₹2,808, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 136% over the past three years. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS ₹33.40 (vs ₹20.28 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹6.31b (up 64% from 2Q 2021). Net income: ₹1.00b (up 96% from 2Q 2021). Profit margin: 16% (up from 13% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 35% per year. Director Overboarding • Aug 28
Director Rusha Mitra has joined 6th company board Rusha Mitra has been appointed to the board of BNK Capital Markets Limited (BSE:500069). Mitra now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 28
Director Rusha Mitra has joined 6th company board Rusha Mitra has been appointed to the board of BNK Capital Markets Limited (BSE:500069). Mitra now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Reported Earnings • Jul 28
First quarter 2022 earnings released: EPS ₹21.34 (vs ₹12.35 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹4.21b (up 71% from 1Q 2021). Net income: ₹641.7m (up 106% from 1Q 2021). Profit margin: 15% (up from 13% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improved over the past week After last week's 16% share price gain to ₹4,274, the stock trades at a trailing P/E ratio of 44.9x. Average trailing P/E is 21x in the Luxury industry in India. Total returns to shareholders of 136% over the past three years. Executive Departure • Jun 03
Non-Independent Executive Women Director Prabha Todi has left the company On the 25th of May, Prabha Todi's tenure as Non-Independent Executive Women Director ended. As of March 2021, Prabha still personally held 3.62m shares (₹6.3b worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 34% share price gain to ₹3,105, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 82% over the past three years. Reported Earnings • May 27
Full year 2021 earnings released: EPS ₹90.25 (vs ₹48.66 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹19.6b (up 63% from FY 2020). Net income: ₹2.71b (up 121% from FY 2020). Profit margin: 14% (up from 10% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Executive Departure • Feb 16
Chief Financial Officer has left the company On the 12th of February, Ajay Patodia's tenure in the role of Chief Financial Officer ended. We don't have any record of a personal shareholding under Ajay's name. Ajay is the only executive to leave the company over the last 12 months. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS ₹21.96 (vs ₹13.21 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹3.92b (up 29% from 3Q 2020). Net income: ₹554.5m (up 66% from 3Q 2020). Profit margin: 14% (up from 11% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 10
New 90-day high: ₹1,712 The company is up 16% from its price of ₹1,479 on 11 November 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 21% over the same period. Is New 90 Day High Low • Jan 07
New 90-day high: ₹1,682 The company is up 16% from its price of ₹1,449 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 28% over the same period. Is New 90 Day High Low • Dec 18
New 90-day high: ₹1,620 The company is up 15% from its price of ₹1,405 on 18 September 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 25% over the same period. Is New 90 Day High Low • Nov 12
New 90-day high: ₹1,479 The company is up 7.0% from its price of ₹1,378 on 14 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 13% over the same period. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS ₹20.28 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹3.88b (up 10.0% from 2Q 2020). Net income: ₹512.0m (up 26% from 2Q 2020). Profit margin: 13% (up from 12% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Oct 01
New 90-day high: ₹1,451 The company is up 26% from its price of ₹1,148 on 03 July 2020. The Indian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 15% over the same period.