Reported Earnings • May 28
Full year 2026 earnings released: ₹0.10 loss per share (vs ₹4.41 loss in FY 2025) Full year 2026 results: ₹0.10 loss per share (improved from ₹4.41 loss in FY 2025). Revenue: ₹1.40b (down 18% from FY 2025). Net loss: ₹895.0k (loss narrowed 98% from FY 2025). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • May 14
Shiva Mills Limited to Report Q4, 2026 Results on May 27, 2026 Shiva Mills Limited announced that they will report Q4, 2026 results on May 27, 2026 Reported Earnings • Feb 06
Third quarter 2026 earnings released: ₹0.82 loss per share (vs ₹1.70 loss in 3Q 2025) Third quarter 2026 results: ₹0.82 loss per share (improved from ₹1.70 loss in 3Q 2025). Revenue: ₹346.5m (down 3.7% from 3Q 2025). Net loss: ₹7.10m (loss narrowed 52% from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Announcement • Jan 24
Shiva Mills Limited to Report Q3, 2026 Results on Feb 05, 2026 Shiva Mills Limited announced that they will report Q3, 2026 results on Feb 05, 2026 New Risk • Dec 23
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 6.9% 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 48% per year over the past 5 years. Market cap is less than US$10m (₹520.8m market cap, or US$5.82m). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). Reported Earnings • Nov 06
Second quarter 2026 earnings released: ₹0.19 loss per share (vs ₹0.83 loss in 2Q 2025) Second quarter 2026 results: ₹0.19 loss per share (improved from ₹0.83 loss in 2Q 2025). Revenue: ₹306.7m (down 36% from 2Q 2025). Net loss: ₹1.62m (loss narrowed 78% from 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Announcement • Oct 27
Shiva Mills Limited to Report Q2, 2026 Results on Nov 05, 2025 Shiva Mills Limited announced that they will report Q2, 2026 results on Nov 05, 2025 Announcement • Jul 23
Shiva Mills Limited to Report Q1, 2026 Results on Aug 07, 2025 Shiva Mills Limited announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • Jul 23
Full year 2025 earnings released: ₹4.41 loss per share (vs ₹3.76 loss in FY 2024) Full year 2025 results: ₹4.41 loss per share (further deteriorated from ₹3.76 loss in FY 2024). Revenue: ₹1.70b (up 7.8% from FY 2024). Net loss: ₹38.1m (loss widened 17% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Announcement • Jul 21
Shiva Mills Limited, Annual General Meeting, Aug 21, 2025 Shiva Mills Limited, Annual General Meeting, Aug 21, 2025, at 12:00 Indian Standard Time. Reported Earnings • May 23
Full year 2025 earnings released: ₹4.41 loss per share (vs ₹3.76 loss in FY 2024) Full year 2025 results: ₹4.41 loss per share (further deteriorated from ₹3.76 loss in FY 2024). Revenue: ₹1.71b (up 8.2% from FY 2024). Net loss: ₹38.1m (loss widened 17% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Announcement • May 10
Shiva Mills Limited to Report Q4, 2025 Results on May 22, 2025 Shiva Mills Limited announced that they will report Q4, 2025 results on May 22, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: ₹1.70 loss per share (vs ₹1.06 loss in 3Q 2024) Third quarter 2025 results: ₹1.70 loss per share (further deteriorated from ₹1.06 loss in 3Q 2024). Revenue: ₹363.0m (up 2.4% from 3Q 2024). Net loss: ₹14.7m (loss widened 60% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Announcement • Jan 24
Shiva Mills Limited to Report Q3, 2025 Results on Feb 06, 2025 Shiva Mills Limited announced that they will report Q3, 2025 results on Feb 06, 2025 New Risk • Dec 12
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 7.7% 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 Risk Earnings have declined by 27% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (₹865.9m market cap, or US$10.2m). Reported Earnings • Nov 12
Second quarter 2025 earnings released: ₹0.83 loss per share (vs ₹1.04 loss in 2Q 2024) Second quarter 2025 results: ₹0.83 loss per share (improved from ₹1.04 loss in 2Q 2024). Revenue: ₹482.0m (up 14% from 2Q 2024). Net loss: ₹7.19m (loss narrowed 20% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Announcement • Oct 29
Shiva Mills Limited to Report Q2, 2025 Results on Nov 11, 2024 Shiva Mills Limited announced that they will report Q2, 2025 results on Nov 11, 2024 Announcement • Oct 16
Shiva Mills Limited Announces Demise of Sri S Marusamy, Non-Executive Independent Director Shiva Mills Limited announced the sad demise of Sri S Marusamy (DIN 00610091), Non-Executive Independent Director of the Company on 14 October 2024. Sri S Marusamy was appointed in the Board of Directors of the Company on November 24, 2015. He was appointed as an Independent Director for first term of 5 consecutive years from August 31, 2017 to August 30, 2022 and re-appointed for second term of 5 consecutive years from August 31, 2022 to August 30, 2027. Announcement • Aug 21
Shiva Mills Limited Appoints Sri K Manikandan as an Independent Director Shiva Mills Limited at the 9th Annual General Meeting of the Company held on 21 August 2024, have approved the appointment of Sri K Manikandan as an Independent Director (DIN 10674837) of the Company for a term of 5 consecutive years with effect from 28 June 2024 to 27 June 2029. Qualification: B.Com., F.C.A. Age: 45 Years Experience: Sri K Manikandan a Practicing Chartered Accountant, Partner of M/s R Govindan and Co, Chartered Accountants, Coimbatore is having 15 years of experience as practicing professional, sound knowledge in Direct & Indirect taxation matters and rendering services to various Companies and MSME enterprises. Expert knowledge and experience in the field of Internal Audit/Concurrent Audit to PSUs, Banking Institutions and Companies. Previously he worked as an Assistant Manager/Senior Manager - Accounts in M/s. Hatsun Agro Products Limited, a Listed Company in Chennai. Reported Earnings • Jul 26
Full year 2024 earnings released: ₹3.76 loss per share (vs ₹8.28 loss in FY 2023) Full year 2024 results: ₹3.76 loss per share (improved from ₹8.28 loss in FY 2023). Revenue: ₹1.58b (flat on FY 2023). Net loss: ₹32.5m (loss narrowed 55% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Announcement • Jul 24
Shiva Mills Limited to Report Q1, 2025 Results on Aug 09, 2024 Shiva Mills Limited announced that they will report Q1, 2025 results on Aug 09, 2024 Announcement • Jul 23
Shiva Mills Limited, Annual General Meeting, Aug 21, 2024 Shiva Mills Limited, Annual General Meeting, Aug 21, 2024, at 12:00 Indian Standard Time. Reported Earnings • May 27
Full year 2024 earnings released: ₹3.76 loss per share (vs ₹8.28 loss in FY 2023) Full year 2024 results: ₹3.76 loss per share (improved from ₹8.28 loss in FY 2023). Revenue: ₹1.59b (flat on FY 2023). Net loss: ₹32.5m (loss narrowed 55% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Announcement • May 12
Shiva Mills Limited to Report Fiscal Year 2024 Results on May 24, 2024 Shiva Mills Limited announced that they will report fiscal year 2024 results on May 24, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: ₹1.06 loss per share (vs ₹6.33 loss in 3Q 2023) Third quarter 2024 results: ₹1.06 loss per share (improved from ₹6.33 loss in 3Q 2023). Revenue: ₹355.2m (up 11% from 3Q 2023). Net loss: ₹9.19m (loss narrowed 83% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Announcement • Jan 23
Shiva Mills Limited to Report Q3, 2024 Results on Feb 09, 2024 Shiva Mills Limited announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: ₹1.04 loss per share (vs ₹3.83 loss in 2Q 2023) Second quarter 2024 results: ₹1.04 loss per share (improved from ₹3.83 loss in 2Q 2023). Revenue: ₹422.9m (down 5.6% from 2Q 2023). Net loss: ₹9.01m (loss narrowed 73% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings. Announcement • Oct 21
Shiva Mills Limited to Report Q2, 2024 Results on Nov 09, 2023 Shiva Mills Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Announcement • Sep 23
Shiva Mills Limited Announces Change in Directorate Shiva Mills Limited at the 8th Annual General Meeting of the Company held on Sep. 21, 2023, have approved the appointment of Sri M Ganeshkumar as an Independent Director (DIN 10175966) of the Company for a term of 5 consecutive years with effect from June 26, 2023 to June 25, 2028. Qualification: B.A., L.L.B. Experience: Sri M Ganeshkumar is an Advocate with 30 years of experience specializing in civil and criminal laws. He is a Life Trustee of Coimbatore Masonic Charitable Trust. Managing the entire affairs including administration and financial matters as Secretary of Masonic Medical Centre for children, run by Coimbatore Masonic Charitable Trust. Announcement • Aug 22
Shiva Mills Limited, Annual General Meeting, Sep 21, 2023 Shiva Mills Limited, Annual General Meeting, Sep 21, 2023, at 11:30 Indian Standard Time. Agenda: To receive, consider and adopt the audited financial statements of the company for the financial year ended 31 March 2023, together with the reports of the Board of Directors and the Auditors thereon; to appoint a director in the place of Smt A. Lalitha, who retires by rotation and being eligible, offers herself for re-appointment; and to consider other matters, if needed. New Risk • Aug 12
New major risk - Revenue and earnings growth Earnings have declined by 1.1% 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 1.1% per year over the past 5 years. Market cap is less than US$10m (₹612.7m market cap, or US$7.39m). Reported Earnings • Aug 11
First quarter 2024 earnings released: ₹2.17 loss per share (vs ₹4.07 profit in 1Q 2023) First quarter 2024 results: ₹2.17 loss per share (down from ₹4.07 profit in 1Q 2023). Revenue: ₹332.6m (down 26% from 1Q 2023). Net loss: ₹18.8m (down 153% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings. Announcement • Jul 29
Shiva Mills Limited to Report Q1, 2024 Results on Aug 10, 2023 Shiva Mills Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 27
Full year 2023 earnings released: ₹8.28 loss per share (vs ₹20.43 profit in FY 2022) Full year 2023 results: ₹8.28 loss per share (down from ₹20.43 profit in FY 2022). Revenue: ₹1.60b (down 25% from FY 2022). Net loss: ₹71.6m (down 141% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 06
Shiva Mills Limited to Report Q4, 2023 Results on May 25, 2023 Shiva Mills Limited announced that they will report Q4, 2023 results on May 25, 2023 Reported Earnings • Feb 14
Third quarter 2023 earnings released: ₹6.33 loss per share (vs ₹4.63 profit in 3Q 2022) Third quarter 2023 results: ₹6.33 loss per share (down from ₹4.63 profit in 3Q 2022). Revenue: ₹319.5m (down 46% from 3Q 2022). Net loss: ₹54.7m (down 237% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Announcement • Jan 21
Shiva Mills Limited to Report Q3, 2023 Results on Feb 11, 2023 Shiva Mills Limited announced that they will report Q3, 2023 results on Feb 11, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: ₹3.83 loss per share (vs ₹5.49 profit in 2Q 2022) Second quarter 2023 results: ₹3.83 loss per share (down from ₹5.49 profit in 2Q 2022). Revenue: ₹449.6m (down 16% from 2Q 2022). Net loss: ₹33.1m (down 170% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
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. 7 experienced directors. No highly experienced directors. Non-Executive Independent Director Kodumudi Narayanaswami Ramani was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment improved over the past week After last week's 17% share price gain to ₹134, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 369% over the past three years. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 24% share price gain to ₹133, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 334% over the past three years. Announcement • Aug 26
Shiva Mills Limited Approves Dividend for the Financial Year Ended 31 March, 2022 Shiva Mills Limited at the AGM held on 25 August 2022, the dividend at the rate of INR 1.20 per every one equity share of INR 10 each for the financial year ended 31 March, 2022, be and is hereby declared. Upcoming Dividend • Aug 10
Upcoming dividend of ₹1.20 per share Eligible shareholders must have bought the stock before 17 August 2022. Payment date: 06 September 2022. Payout ratio is a comfortable 5.9% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Indian dividend payers (1.7%). Higher than average of industry peers (0.6%). Announcement • Jul 26
Shiva Mills Limited to Report Q1, 2023 Results on Aug 09, 2022 Shiva Mills Limited announced that they will report Q1, 2023 results at 4:00 AM, Indian Standard Time on Aug 09, 2022 Reported Earnings • Jul 21
Full year 2022 earnings released Full year 2022 results: Net income: ₹176.6m (up 106% from FY 2021). Announcement • Jul 21
Shiva Mills Limited, Annual General Meeting, Aug 25, 2022 Shiva Mills Limited, Annual General Meeting, Aug 25, 2022, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31stMarch, 2022, together with the reports of the Board of Directors and the Auditors thereon; to declare dividend on equity shares for the Financial year ended 31 March 2022; to appoint a Director in the place of Sri S K Sundararaman who retires by rotation and being eligible, offers himself for re-appointment; and to discuss other matters. Announcement • Jul 20
Shiva Mills Limited Proposes Dividend, Payable on or Before September 6, 2022 Shiva Mills Limited proposes dividend of INR 1.20 per share having record date of Aug. 18, 2022, payable on or before September 6, 2022. Date of Annual General Meeting is 25th August, 2022. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 19% share price gain to ₹89.35, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 91% over the past three years. Reported Earnings • May 26
Full year 2022 earnings released: EPS: ₹20.43 (vs ₹9.90 in FY 2021) Full year 2022 results: EPS: ₹20.43 (up from ₹9.90 in FY 2021). Revenue: ₹2.14b (up 54% from FY 2021). Net income: ₹176.6m (up 106% from FY 2021). Profit margin: 8.3% (up from 6.2% 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 73% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • May 26
Shiva Mills Limited Recommends Dividend for the Year Ended March 31, 2022 Shiva Mills Limited at its Board of Directors at their meeting held on May 25, 2022 Recommended a dividend of INR 1.20 per share for every one equity share of INR 10 each, for the year ended March 31, 2022. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. Non-Executive Independent Director Kodumudi Narayanaswami Ramani was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 18% share price gain to ₹118, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 154% over the past three years. Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹4.63 (down from ₹6.38 in 3Q 2021). Revenue: ₹587.5m (up 29% from 3Q 2021). Net income: ₹40.0m (down 27% from 3Q 2021). Profit margin: 6.8% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹146, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 182% over the past three years. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improved over the past week After last week's 20% share price gain to ₹180, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 257% over the past three years. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 27% share price gain to ₹133, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 134% over the past three years. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improved over the past week After last week's 19% share price gain to ₹117, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 138% over the past three years. Reported Earnings • Nov 18
Second quarter 2022 earnings released: EPS ₹5.49 (vs ₹0.44 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹538.2m (up 47% from 2Q 2021). Net income: ₹47.5m (up ₹43.7m from 2Q 2021). Profit margin: 8.8% (up from 1.0% 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 but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 18% share price gain to ₹101, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 113% over the past three years. Board Change • Oct 06
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. 6 experienced directors. 1 highly experienced director. Non-Executive Independent Director Kodumudi Narayanaswami Ramani was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Jun 22
Shiva Mills Limited Resumes Operations of its Spinning Unit Shiva Mills Limited announced that the Spinning Unit of the Company has resumed operations with effect from June 21, 2021, to the extent permitted and adhering to Standard Operating Procedures as prescribed by the Government of Tamilnadu vide G.O. No 409 dt: June 21, 2021, ensuring safety and health of all stakeholders including employees from COVID-19 pandemic. Announcement • May 25
Shiva Mills Limited Decides to Suspend the Operations in Spinning Unit of the Company from the End of May 23, 2021 Till Further Notice In view of the COVID-19 pandemic and in line with various directives being issued by the Government of Tamilnadu, Shiva Mills Limited has been taking measures to ensure safety and health of all its stakeholders including employees. In compliance of the G.O (Ms) No.386 dated: May 22, 2021 issued by the Government of Tamilnadu, the company informed that the Management has decided to suspend the operations in Spinning Unit of the Company from the end of May 23, 2021 till further notice. Announcement • May 10
Shiva Mills Limited Decides to Close Registered Office In view of the COVID-19 pandemic and in line with various directives being issued by the Government of Tamilnadu, the Company has been taking measures to ensure safety and health of all its stakeholders including employees. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Shiva Mills Limited would like to inform you that the Management has decided to close the Registered Office of the Company from Monday, 10.5.2021 - till further notice, in compliance of the Directive No.8 dt: 8.5.2021 issued by the Government of Tamilnadu. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improved over the past week After last week's 19% share price gain to ₹48.70, the stock is trading at a trailing P/E ratio of 11.4x, up from the previous P/E ratio of 9.6x. This compares to an average P/E of 18x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 27%. Is New 90 Day High Low • Feb 22
New 90-day high: ₹41.80 The company is up 61% from its price of ₹26.00 on 24 November 2020. The Indian market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 14% over the same period. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improved over the past week After last week's 16% share price gain to ₹37.90, the stock is trading at a trailing P/E ratio of 9.1x, up from the previous P/E ratio of 7.8x. This compares to an average P/E of 19x in the Luxury industry in India. Total returns to shareholders over the past year are 18%. Reported Earnings • Feb 07
Third quarter 2021 earnings released: EPS ₹6.38 (vs ₹0.23 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹457.5m (up 5.6% from 3Q 2020). Net income: ₹55.1m (up ₹53.1m from 3Q 2020). Profit margin: 12% (up from 0.5% in 3Q 2020). The increase in margin was primarily driven by lower expenses. Announcement • Jan 28
Shiva Mills Limited to Report Q3, 2021 Results on Feb 06, 2021 Shiva Mills Limited announced that they will report Q3, 2021 results on Feb 06, 2021 Is New 90 Day High Low • Jan 06
New 90-day high: ₹37.40 The company is up 46% from its price of ₹25.55 on 08 October 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 26% over the same period. Is New 90 Day High Low • Dec 17
New 90-day high: ₹30.20 The company is up 32% from its price of ₹22.90 on 18 September 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: ₹26.90 The company is up 13% from its price of ₹23.85 on 02 September 2020. The Indian market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 18% over the same period. Reported Earnings • Nov 12
Second quarter 2021 earnings released: EPS ₹0.44 The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: ₹366.9m (up 13% from 2Q 2020). Net income: ₹3.78m (down 5.5% from 2Q 2020). Profit margin: 1.0% (down from 1.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Announcement • Jul 24
Shiva Mills Limited Announces Resumption of Operations in the Registered Office Shiva Mills Limited announced that the company have resumed operations in the Registered Office of the Company with effect from July 23, 2020, adhering to Standard Operating Procedures prescribed by the Governments to ensure safety and health of all stakeholders including employees from COVID-19 pandemic. Announcement • Jul 10
Shiva Mills Limited Announces Temporary Closure of Registered Office Shiva Mills Limited announced that Registered Office of the company is temporarily closed from July 9, 2020, due to COVID positive has been reported by one of the person in the office building. Announcement • Jun 22
Shiva Mills Limited to Report Fiscal Year 2020 Results on Jun 25, 2020 Shiva Mills Limited announced that they will report fiscal year 2020 results on Jun 25, 2020 Announcement • Jun 18
SHIVA MILLS LIMITED Resumes its Production SHIVA MILLS LIMITED announced that the manufacturing operations of the company were suspended from March 25, 2020. Necessary measures were taken for the safety of the employees in compliance of the directions issued by the State and Central Governments as well as the concerned Local Authorities. The Company has resumed production from May 11, 2020 with less than 50% labour strength adopting standard operating procedure announced by the Government. Production from June 1, 2020 is being gradually increased, as the State Government has permitted to carry out the operation in full capacity.