Declared Dividend • May 27
Dividend of ₹3.00 announced Dividend of ₹3.00 is the same as last year. Ex-date: 28th July 2026 Payment date: 3rd September 2026 Dividend yield will be 1.1%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 13% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 29% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 26
Dollar Industries Limited announces Annual dividend, payable on September 03, 2026 Dollar Industries Limited announced Annual dividend of INR 3.0000 per share payable on September 03, 2026, ex-date on July 28, 2026 and record date on July 28, 2026. Announcement • May 25
Dollar Industries Limited, Annual General Meeting, Aug 04, 2026 Dollar Industries Limited, Annual General Meeting, Aug 04, 2026. Reported Earnings • May 24
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: ₹18.94 (up from ₹16.05 in FY 2025). Revenue: ₹18.9b (up 10% from FY 2025). Net income: ₹1.07b (up 18% from FY 2025). Profit margin: 5.7% (up from 5.3% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Revenue is forecast to grow 8.3% 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 27% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • May 18
Dollar Industries Limited to Report Q4, 2026 Results on May 23, 2026 Dollar Industries Limited announced that they will report Q4, 2026 results at 12:08 PM, Indian Standard Time on May 23, 2026 New Risk • Apr 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 8.9% 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 • Apr 23
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹330, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 26x in the Luxury industry in India. Total loss to shareholders of 3.2% over the past three years. Reported Earnings • Feb 12
Third quarter 2026 earnings released: EPS: ₹3.24 (vs ₹3.52 in 3Q 2025) Third quarter 2026 results: EPS: ₹3.24 (down from ₹3.52 in 3Q 2025). Revenue: ₹3.89b (up 2.3% from 3Q 2025). Net income: ₹183.6m (down 8.1% from 3Q 2025). Profit margin: 4.7% (down from 5.2% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.5% 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 increased by 22% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Feb 03
Dollar Industries Limited to Report Q3, 2026 Results on Feb 11, 2026 Dollar Industries Limited announced that they will report Q3, 2026 results on Feb 11, 2026 Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: ₹6.20 (vs ₹4.67 in 2Q 2025) Second quarter 2026 results: EPS: ₹6.20 (up from ₹4.67 in 2Q 2025). Revenue: ₹4.73b (up 5.9% from 2Q 2025). Net income: ₹351.7m (up 33% from 2Q 2025). Profit margin: 7.4% (up from 5.9% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.9% 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 increased by 10% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Nov 03
Dollar Industries Limited to Report Q2, 2026 Results on Nov 13, 2025 Dollar Industries Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Reported Earnings • Aug 12
First quarter 2026 earnings released: EPS: ₹3.76 (vs ₹2.70 in 1Q 2025) First quarter 2026 results: EPS: ₹3.76 (up from ₹2.70 in 1Q 2025). Revenue: ₹4.00b (up 20% from 1Q 2025). Net income: ₹213.2m (up 39% from 1Q 2025). Profit margin: 5.3% (up from 4.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.0% 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 5% per year and the company’s share price has also fallen by 5% per year. Announcement • Jul 30
Dollar Industries Limited to Report Q1, 2026 Results on Aug 11, 2025 Dollar Industries Limited announced that they will report Q1, 2026 results on Aug 11, 2025 Announcement • Jul 25
Dollar Industries Limited Approves Appointment of Shalini Jain as an Independent Director Dollar Industries Limited at its 32 AGM held on July 25, 2025 approved appointment of Mrs. Shalini Jain as an Independent Director of the company. Upcoming Dividend • Jul 11
Upcoming dividend of ₹3.00 per share Eligible shareholders must have bought the stock before 18 July 2025. Payment date: 24 August 2025. Payout ratio is a comfortable 19% and the cash payout ratio is 97%. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (0.6%). Reported Earnings • Jul 05
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: ₹16.05 (up from ₹15.90 in FY 2024). Revenue: ₹17.1b (up 8.8% from FY 2024). Net income: ₹910.4m (flat on FY 2024). Profit margin: 5.3% (down from 5.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 9.6% 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 16% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Price Target Changed • May 20
Price target decreased by 8.0% to ₹494 Down from ₹537, the current price target is an average from 2 analysts. New target price is 24% above last closing price of ₹398. Stock is down 38% over the past year. The company is forecast to post earnings per share of ₹18.15 for next year compared to ₹15.90 last year. Declared Dividend • May 16
Dividend of ₹3.00 announced Dividend of ₹3.00 is the same as last year. Ex-date: 18th July 2025 Payment date: 24th August 2025 Dividend yield will be 0.7%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (19% 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 15% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 53% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 10
Dollar Industries Limited to Report Q4, 2025 Results on May 14, 2025 Dollar Industries Limited announced that they will report Q4, 2025 results on May 14, 2025 Price Target Changed • Mar 04
Price target decreased by 7.8% to ₹537 Down from ₹582, the current price target is an average from 2 analysts. New target price is 41% above last closing price of ₹381. Stock is down 23% over the past year. The company is forecast to post earnings per share of ₹18.15 for next year compared to ₹15.90 last year. Reported Earnings • Feb 13
Third quarter 2025 earnings released: EPS: ₹3.52 (vs ₹3.12 in 3Q 2024) Third quarter 2025 results: EPS: ₹3.52 (up from ₹3.12 in 3Q 2024). Revenue: ₹3.82b (up 15% from 3Q 2024). Net income: ₹199.7m (up 13% from 3Q 2024). Profit margin: 5.2% (down from 5.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% 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 21% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Feb 12
Now 24% overvalued Over the last 90 days, the stock has fallen 13% to ₹432. The fair value is estimated to be ₹348, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has declined by 24%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 74% in the next 2 years. Announcement • Feb 03
Dollar Industries Limited to Report Q3, 2025 Results on Feb 12, 2025 Dollar Industries Limited announced that they will report Q3, 2025 results on Feb 12, 2025 Buy Or Sell Opportunity • Jan 07
Now 24% overvalued Over the last 90 days, the stock has fallen 9.5% to ₹470. The fair value is estimated to be ₹380, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has declined by 24%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 74% in the next 2 years. Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: ₹4.67 (vs ₹4.38 in 2Q 2024) Second quarter 2025 results: EPS: ₹4.67 (up from ₹4.38 in 2Q 2024). Revenue: ₹4.48b (up 8.6% from 2Q 2024). Net income: ₹265.1m (up 6.6% from 2Q 2024). Profit margin: 5.9% (down from 6.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 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 24% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Oct 31
Dollar Industries Limited to Report Q2, 2025 Results on Nov 11, 2024 Dollar Industries Limited announced that they will report Q2, 2025 results on Nov 11, 2024 New Risk • Aug 14
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: ₹2.70 (vs ₹2.56 in 1Q 2024) First quarter 2025 results: EPS: ₹2.70 (up from ₹2.56 in 1Q 2024). Revenue: ₹3.34b (up 1.9% from 1Q 2024). Net income: ₹153.0m (up 5.3% from 1Q 2024). Profit margin: 4.6% (up from 4.4% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% 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 23% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Aug 07
Dollar Industries Limited to Report Q1, 2025 Results on Aug 12, 2024 Dollar Industries Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Announcement • Jul 31
Dollar Industries Limited Approves the Appointment of Abhishek Mishra as Compliance Officer, Effective 1 August, 2024 Dollar Industries Limited approved the appointment of Mr. Abhishek Mishra, qualified Company Secretary and member of ICSI as the Compliance Officer of the Company with effect from 1 August, 2024. Announcement • Jul 26
Dollar Industries Limited Announces Resignation of Lalit Lohia as Company Secretary and Compliance Officer Dollar Industries Limited announced that Mr. Lalit Lohia, Company Secretary and Compliance Officer (designated as Key Managerial Personnel) has resigned with effect from 1st August, 2024 due to his personal reasons. Declared Dividend • Jul 11
Dividend of ₹3.00 announced Dividend of ₹3.00 is the same as last year. Ex-date: 26th July 2024 Payment date: 1st September 2024 Dividend yield will be 0.6%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (19% 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 17% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 58% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 10
Full year 2024 earnings released: EPS: ₹15.90 (vs ₹9.26 in FY 2023) Full year 2024 results: EPS: ₹15.90 (up from ₹9.26 in FY 2023). Revenue: ₹15.7b (up 13% from FY 2023). Net income: ₹902.0m (up 72% from FY 2023). Profit margin: 5.7% (up from 3.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% 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 22% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Price Target Changed • May 29
Price target increased by 11% to ₹613 Up from ₹551, the current price target is an average from 2 analysts. New target price is 13% above last closing price of ₹544. Stock is up 53% over the past year. The company is forecast to post earnings per share of ₹18.30 for next year compared to ₹15.90 last year. Announcement • May 24
Dollar Industries Limited, Annual General Meeting, Aug 02, 2024 Dollar Industries Limited, Annual General Meeting, Aug 02, 2024. Reported Earnings • May 22
Full year 2024 earnings released: EPS: ₹15.90 (vs ₹9.26 in FY 2023) Full year 2024 results: EPS: ₹15.90 (up from ₹9.26 in FY 2023). Revenue: ₹15.8b (up 13% from FY 2023). Net income: ₹902.0m (up 72% from FY 2023). Profit margin: 5.7% (up from 3.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% 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 22% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Announcement • May 15
Dollar Industries Limited to Report Q4, 2024 Results on May 21, 2024 Dollar Industries Limited announced that they will report Q4, 2024 results on May 21, 2024 Announcement • May 03
Dollar Industries Limited Appoints Vibha Agarwal as an Independent Director Dollar Industries Limited announced that shareholders approved the appointment of Ms. Vibha Agarwal as an Independent Director of the Company through postal ballot passed on May 2, 2024. Price Target Changed • Feb 17
Price target increased by 7.2% to ₹551 Up from ₹514, the current price target is an average from 2 analysts. New target price is 12% above last closing price of ₹490. Stock is up 40% over the past year. The company is forecast to post earnings per share of ₹18.40 for next year compared to ₹9.26 last year. Reported Earnings • Feb 07
Third quarter 2024 earnings released: EPS: ₹3.12 (vs ₹1.36 in 3Q 2023) Third quarter 2024 results: EPS: ₹3.12 (up from ₹1.36 in 3Q 2023). Revenue: ₹3.33b (up 17% from 3Q 2023). Net income: ₹177.1m (up 129% from 3Q 2023). Profit margin: 5.3% (up from 2.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% 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 19% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Announcement • Jan 19
Dollar Industries Limited to Report Q3, 2024 Results on Feb 06, 2024 Dollar Industries Limited announced that they will report Q3, 2024 results on Feb 06, 2024 Price Target Changed • Nov 15
Price target increased by 9.4% to ₹454 Up from ₹415, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₹445. Stock is up 2.9% over the past year. The company is forecast to post earnings per share of ₹19.30 for next year compared to ₹9.26 last year. Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: ₹4.38 (vs ₹3.05 in 2Q 2023) Second quarter 2024 results: EPS: ₹4.38 (up from ₹3.05 in 2Q 2023). Revenue: ₹4.13b (up 21% from 2Q 2023). Net income: ₹248.7m (up 44% from 2Q 2023). Profit margin: 6.0% (up from 5.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% 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 10% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings. Announcement • Oct 31
Dollar Industries Limited to Report Q2, 2024 Results on Nov 07, 2023 Dollar Industries Limited announced that they will report Q2, 2024 results on Nov 07, 2023 Announcement • Aug 11
Dollar Industries Limited Appoints Lalit Lohia as Company Secretary, Effective September 15, 2023 Dollar Industries Limited at its board meeting held on August 10, 2023 approved appointment of Mr. Lalit Lohia (ICSI Membership No.: 23995) as a Company Secretary with effect from 15th September, 2023, in accordance to the verification made by the Company and its Nomination and Remuneration Committee. Date of Birth is May 14, 1984. Educational Qualification includes B.Com (Hons.) from Calcutta University and Company Secretary from The Institute of Company Secretaries of India, New Delhi. Experience: 16 years (post qualification). Expertise in Functional Area: Company Law Matters /SEBI etc. Reported Earnings • Aug 11
First quarter 2024 earnings released: EPS: ₹2.56 (vs ₹4.75 in 1Q 2023) First quarter 2024 results: EPS: ₹2.56 (down from ₹4.75 in 1Q 2023). Revenue: ₹3.29b (down 9.0% from 1Q 2023). Net income: ₹145.3m (down 46% from 1Q 2023). Profit margin: 4.4% (down from 7.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% 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 increased by 3% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 03
Dollar Industries Limited to Report Q1, 2024 Results on Aug 10, 2023 Dollar Industries Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Announcement • Jul 21
Dollar Industries Limited Announces Resignation of Ms. Mamta Jai as Company Secretary Compliance Officer Dollar Industries Limited announced that Ms. Mamta Jai as Company Secretary has resigned with effect from 15 September, 2023 for her personal reasons. Upcoming Dividend • Jul 20
Upcoming dividend of ₹3.00 per share at 0.8% yield Eligible shareholders must have bought the stock before 27 July 2023. Payment date: 02 September 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.5%). Reported Earnings • Jul 13
Full year 2023 earnings released: EPS: ₹9.26 (vs ₹25.94 in FY 2022) Full year 2023 results: EPS: ₹9.26 (down from ₹25.94 in FY 2022). Revenue: ₹13.9b (up 3.8% from FY 2022). Net income: ₹525.4m (down 64% from FY 2022). Profit margin: 3.8% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% 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 16% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: ₹9.26 (vs ₹25.94 in FY 2022) Full year 2023 results: EPS: ₹9.26 (down from ₹25.94 in FY 2022). Revenue: ₹14.0b (up 3.6% from FY 2022). Net income: ₹525.4m (down 64% from FY 2022). Profit margin: 3.8% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% 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 16% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 23
Dollar Industries Limited to Report Q4, 2023 Results on May 30, 2023 Dollar Industries Limited announced that they will report Q4, 2023 results at 4:00 PM, Indian Standard Time on May 30, 2023 Price Target Changed • Feb 17
Price target decreased by 18% to ₹415 Down from ₹505, the current price target is provided by 1 analyst. New target price is 19% above last closing price of ₹350. Stock is down 34% over the past year. The company posted earnings per share of ₹25.93 last year. Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹1.36 (vs ₹7.82 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.36 (down from ₹7.82 in 3Q 2022). Revenue: ₹2.86b (down 25% from 3Q 2022). Net income: ₹77.4m (down 83% from 3Q 2022). Profit margin: 2.7% (down from 12% 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 27% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 07
Dollar Industries Limited to Report Q3, 2023 Results on Feb 14, 2023 Dollar Industries Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Announcement • Jan 02
Dollar Industries Limited announced a financing transaction Dollar Industries Limited announced a private placement of INR 10,00,00,000 on December 31, 2022. The investment will be done in multiple tranches. The Company along with its affiliates shall hold 66.66 % in paid up equity share capital of Dollar Garments Private Limited and balance 33.34% shall be held equally by Mr. Rohit More & Mr. Chetan Chowdhary along with their affiliates. Announcement • Dec 20
Dollar Industries Limited Announces Demise of Anil Kumar Saboo as Independent Director Dollar Industries Limited announced the sudden and sad demise of Independent Director of the Company, Mr. Anil Kumar Saboo, 18th December, 2022 night, due to lungs respiratory failure. 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. 4 highly experienced directors. Non Executive Independent Director Srikumar Bandyopadhyay was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Nov 11
Dollar Industries Limited Announces Board Changes Dollar Industries Limited Accepted resignation of Mr. Abhishek Mishra from the office of Company Secretary and Compliance Officer [designated as Key Managerial Personnel (KMP)] of the Company with immediate effect 10 November, 2022 due to his personal reasons, Approved appointment of Ms. Mamta Jain as Company Secretary and Compliance Officer [designated as Key Managerial Personnel (KMP)] of the Company within the meaning of Section 203 and/or any other applicable provisions of the Companies Act, 2013 and rules made thereunder as per the recommendation of Nomination and Remuneration Committee with immediate effect 10 November, 2022. Academic and Professional qualifieations and work experience: Ms. Mamta Jain is a Member of The Institute of Company Secretaries of India (ICSI) a Member of The Institute of Cost Accountants of India (ICWAI) and PGDBA (Finance) from Symbiosis, Pune. She stood AIR 19 in 2009 final examination of ICSI, She is having an experience of about 9 years in the secretarial, accounts and finance field. She is associated with the Company as DGM-Fin & Accts for about last 5 years. Previously she was associated as Company Seeret ary of VISA International Limited, Kolkata for about 4 years. Announcement • Nov 05
Dollar Industries Limited to Report Q2, 2023 Results on Nov 10, 2022 Dollar Industries Limited announced that they will report Q2, 2023 results on Nov 10, 2022 Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improved over the past week After last week's 18% share price gain to ₹541, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 192% over the past three years. Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: ₹4.75 (vs ₹3.97 in 1Q 2022) First quarter 2023 results: EPS: ₹4.75 (up from ₹3.97 in 1Q 2022). Revenue: ₹3.64b (up 78% from 1Q 2022). Net income: ₹269.7m (up 20% from 1Q 2022). Profit margin: 7.4% (down from 11% 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 33% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jul 15
Price target decreased to ₹505 Down from ₹678, the current price target is provided by 1 analyst. New target price is 22% above last closing price of ₹414. Stock is up 30% over the past year. The company posted earnings per share of ₹25.93 last year. Upcoming Dividend • Jul 13
Upcoming dividend of ₹3.00 per share Eligible shareholders must have bought the stock before 20 July 2022. Payment date: 27 August 2022. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.8%). In line with average of industry peers (0.6%). Reported Earnings • Jul 07
Full year 2022 earnings released: EPS: ₹25.94 (vs ₹15.04 in FY 2021) Full year 2022 results: EPS: ₹25.94 (up from ₹15.04 in FY 2021). Revenue: ₹13.5b (up 30% from FY 2021). Net income: ₹1.47b (up 72% from FY 2021). Profit margin: 11% (up from 8.2% 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 27% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 26
Full year 2022 earnings released: EPS: ₹25.93 (vs ₹15.04 in FY 2021) Full year 2022 results: EPS: ₹25.93 (up from ₹15.04 in FY 2021). Revenue: ₹13.5b (up 30% from FY 2021). Net income: ₹1.47b (up 72% from FY 2021). Profit margin: 11% (up from 8.2% 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 27% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 25
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹433, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 74% over the past three years. Announcement • May 17
Dollar Industries Limited to Report Fiscal Year 2022 Results on May 23, 2022 Dollar Industries Limited announced that they will report fiscal year 2022 results on May 23, 2022 Price Target Changed • Apr 27
Price target increased to ₹678 Up from ₹525, the current price target is provided by 1 analyst. New target price is 20% above last closing price of ₹565. Stock is up 130% over the past year. The company posted earnings per share of ₹15.04 last year. 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. 4 highly experienced directors. Non Executive Independent Director Srikumar Bandyopadhyay was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Jan 30
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹7.82 (up from ₹4.90 in 3Q 2021). Revenue: ₹3.82b (up 23% from 3Q 2021). Net income: ₹443.5m (up 60% from 3Q 2021). Profit margin: 12% (up from 8.9% 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 20% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. 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. 6 experienced directors. 4 highly experienced directors. Non Executive Independent Director Srikumar Bandyopadhyay was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Dec 02
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. 4 highly experienced directors. Non Executive Independent Director Srikumar Bandyopadhyay was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 04
Second quarter 2022 earnings released: EPS ₹7.72 (vs ₹3.88 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹3.91b (up 51% from 2Q 2021). Net income: ₹437.6m (up 99% from 2Q 2021). Profit margin: 11% (up from 8.5% 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 13% per year whereas the company’s share price has increased by 18% per year. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 17% share price gain to ₹366, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 11% over the past three years. Upcoming Dividend • Jul 12
Upcoming dividend of ₹2.40 per share Eligible shareholders must have bought the stock before 19 July 2021. Payment date: 27 August 2021. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.5%). Reported Earnings • Jul 08
Full year 2021 earnings released: EPS ₹15.04 (vs ₹10.11 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹10.4b (up 7.2% from FY 2020). Net income: ₹853.2m (up 49% from FY 2020). Profit margin: 8.2% (up from 5.9% 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 3% per year whereas the company’s share price has fallen by 2% per year. Reported Earnings • Jun 01
Full year 2021 earnings released: EPS ₹15.04 (vs ₹10.11 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹10.4b (up 7.3% from FY 2020). Net income: ₹853.2m (up 49% from FY 2020). Profit margin: 8.2% (up from 5.9% in FY 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 24% share price gain to ₹310, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 189% over the past year. Is New 90 Day High Low • Mar 08
New 90-day high: ₹272 The company is up 46% from its price of ₹186 on 08 December 2020. The Indian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 12% over the same period. Reported Earnings • Feb 06
Third quarter 2021 earnings released: EPS ₹4.90 (vs ₹3.32 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹3.12b (up 22% from 3Q 2020). Net income: ₹277.7m (up 48% from 3Q 2020). Profit margin: 8.9% (up from 7.4% in 3Q 2020). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Feb 06
New 90-day high: ₹257 The company is up 84% from its price of ₹140 on 06 November 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 23% over the same period. Announcement • Jan 27
Dollar Industries Limited to Report Q3, 2021 Results on Feb 04, 2021 Dollar Industries Limited announced that they will report Q3, 2021 results on Feb 04, 2021 Is New 90 Day High Low • Jan 01
New 90-day high: ₹243 The company is up 69% from its price of ₹143 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 25% over the same period. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 21% share price gain to ₹224, the stock is trading at a trailing P/E ratio of 17.1x, up from the previous P/E ratio of 14.1x. This compares to an average P/E of 18x in the Luxury industry in India. Total returns to shareholders over the past year are 56%. Is New 90 Day High Low • Dec 16
New 90-day high: ₹209 The company is up 44% from its price of ₹145 on 16 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 21% over the same period. Valuation Update With 7 Day Price Move • Nov 20
Market bids up stock over the past week After last week's 19% share price gain to ₹188, the stock is trading at a trailing P/E ratio of 14.8x, up from the previous P/E ratio of 12.4x. This compares to an average P/E of 16x in the Luxury industry in India. Total returns to shareholders over the past year are 25%. Is New 90 Day High Low • Nov 11
New 90-day high: ₹161 The company is up 13% from its price of ₹143 on 13 August 2020. The Indian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 17% over the same period. Reported Earnings • Nov 10
Second quarter 2021 earnings released: EPS ₹3.88 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹2.59b (up 6.5% from 2Q 2020). Net income: ₹220.2m (up 66% from 2Q 2020). Profit margin: 8.5% (up from 5.5% in 2Q 2020). The increase in margin was driven by higher revenue. Announcement • Nov 01
Dollar Industries Limited to Report First Half, 2021 Results on Nov 08, 2020 Dollar Industries Limited announced that they will report first half, 2021 results on Nov 08, 2020 Announcement • Oct 07
Dollar Industries Limited Announces Resignation of Sunil Mitra from the Directorship of the Company Dollar Industries Limited announced resignation of Sunil Mitra from the directorship of the company. The company has received letter dated October 5, 2020 from Sunil Mitra resigning from the office of Independent Directors with immediate effect due to extensive engagement in his other governance priorities, keeping view of the current COVID 19 pandemic situation. Announcement • Aug 08
Dollar Industries Limited to Report Q1, 2021 Results on Aug 14, 2020 Dollar Industries Limited announced that they will report Q1, 2021 results on Aug 14, 2020 
