Announcement • May 20
SK International Export Limited to Report Second Half, 2026 Results on May 28, 2026 SK International Export Limited announced that they will report second half, 2026 results on May 28, 2026 New Risk • Nov 23
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 105% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. High level of non-cash earnings (105% accrual ratio). Revenue is less than US$1m (₹15m revenue, or US$172k). Market cap is less than US$10m (₹231.7m market cap, or US$2.59m). Announcement • Nov 05
SK International Export Limited to Report First Half, 2026 Results on Nov 11, 2025 SK International Export Limited announced that they will report first half, 2026 results on Nov 11, 2025 Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹26.04, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 24x in the Luxury industry in India. Announcement • Sep 27
SK International Export Limited Appoints Rajesh Hariram Bhalla as Independent Director SK International Export Limited in the seventh AGM held on September 25, 2025 approved the appointment of Mr. Rajesh Hariram Bhalla (DIN: 09392118) as Independent Director of the Company. Announcement • Aug 20
SK International Export Limited, Annual General Meeting, Sep 15, 2025 SK International Export Limited, Annual General Meeting, Sep 15, 2025, at 11:00 Indian Standard Time. Location: 78, ground, a2, shah & nahar, industrial estate, sitaram jadhav, marg, lower parel, mumbai-400013, India Board Change • Jun 17
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. 4 experienced directors. No highly experienced directors. Executive Director Purti Sadh was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 01
SK International Export Limited to Report Second Half, 2025 Results on May 30, 2025 SK International Export Limited announced that they will report second half, 2025 results on May 30, 2025 Announcement • Nov 09
SK International Export Limited to Report Q2, 2025 Results on Nov 14, 2024 SK International Export Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Board Change • Sep 20
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. 5 experienced directors. No highly experienced directors. Executive Director Purti Sadh was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 16
SK International Export Limited, Annual General Meeting, Sep 30, 2024 SK International Export Limited, Annual General Meeting, Sep 30, 2024, at 11:00 Indian Standard Time. Location: 78, ground, a2, shah & nahar, industrial estate, sitaram jadhav, marg, lower parel, mumbai-400013, India Reported Earnings • Sep 07
Full year 2024 earnings released: ₹2.06 loss per share (vs ₹0.42 loss in FY 2023) Full year 2024 results: ₹2.06 loss per share (further deteriorated from ₹0.42 loss in FY 2023). Revenue: ₹46.5m (down 33% from FY 2023). Net loss: ₹15.1m (loss widened 390% from FY 2023). Board Change • Jul 09
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. 5 experienced directors. No highly experienced directors. Non-Executive Independent Director Jay Naik was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 04
SK International Export Limited Appoints Riya as Company Secretary and Compliance Officer Board of Directors of the SK International Export Limited at its meeting held on July 4, 2024, has approved the appointment of Ms. Riya (Membership No.: A61422) as the Company Secretary and Compliance Officer of the Company.Reason: to fill in the vacancy caused due to resignation of previous Company Secretary and compliance officer of the Company. Ms. Riya is an Associate Member of the Institute of Company Secretaries of India. She has more than 2 (Two) years of post-qualification experience and has worked with listed as well unlisted entities. Board Change • Jun 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. 5 experienced directors. No highly experienced directors. Non-Executive Independent Director Jay Naik was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • May 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹14m free cash flow). Shares are highly illiquid. Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m (₹49m revenue, or US$589k). Market cap is less than US$10m (₹125.4m market cap, or US$1.51m). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Announcement • May 25
SK International Export Limited to Report Fiscal Year 2024 Results on May 30, 2024 SK International Export Limited announced that they will report fiscal year 2024 results on May 30, 2024 Board Change • May 07
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. 5 experienced directors. No highly experienced directors. Non-Executive Independent Director Jay Naik was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 30
Vaishnavi Rohidas Nighot Resigns as Company Secretary and Compliance Officer of SK International Export Limited SK International Export Limited announced receipt of the resignation of Ms. Vaishnavi Rohidas Nighot (Membership No.: A68705) as the Company Secretary and Compliance Officer of the Company for her personal growth and embracing better opportunities in the times to come ahead. The Company has accepted her resignation and have relieved her from her responsibilities as Company Secretary and Compliance Officer of the Company with effect from the closure of the business hours of April 30, 2024. Board Change • Feb 09
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. 5 experienced directors. No highly experienced directors. Non-Executive Independent Director Jay Naik was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 03
SK International Export Limited to Report Q2, 2024 Results on Nov 09, 2023 SK International Export Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Announcement • Sep 07
SK International Export Limited, Annual General Meeting, Sep 30, 2023 SK International Export Limited, Annual General Meeting, Sep 30, 2023, at 11:00 Indian Standard Time. Location: at 78, Ground, A2, Shah & Nahar Industrial Estate, Sitaram Jadhav Marg, Lower Parel Mumbai India Agenda: To consider, receive and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023 together with the reports of the Auditors and Board of Directors; to consider and appoint a Director in place of Ms. Purti H Sadh, who retires by rotation and being eligible, offers herself for re-appointment; to consider and approve sale of office located at Unit No.17, Ground Floor, A-1 Shah & Nahar Indl Estate, Block Sector, Lower Parel, S J Marg, Mumbai - 400013 under Section 180(1)(a) of the Companies Act, 2013; and to consider any other matters. Board Change • Jul 25
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. 5 experienced directors. No highly experienced directors. Executive Director Purti Sadh was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 04
Full year 2023 earnings released: ₹0.42 loss per share (vs ₹1.06 loss in FY 2022) Full year 2023 results: ₹0.42 loss per share (improved from ₹1.06 loss in FY 2022). Revenue: ₹74.0m (up 8.9% from FY 2022). Net loss: ₹3.08m (loss narrowed 61% from FY 2022). Board Change • May 29
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. 5 experienced directors. No highly experienced directors. Executive Director Purti Sadh was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 20
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. 5 experienced directors. No highly experienced directors. Executive Director Purti Sadh was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 08
SK International Export Limited to Report Q2, 2023 Results on Nov 14, 2022 SK International Export Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Announcement • Apr 15
SK International Export Limited Appoints Vikram B Rajpurohit as Company Secretary and Compliance Officer SK International Export Limited at its Board Meeting held on April 14, 2022 has appointed Mr. Vikram B Rajpurohit as Company Secretary and Compliance Officer of the Company. Board Change • Apr 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. 5 experienced directors. No highly experienced directors. Non-Executive Independent Director Jay Naik was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 03
SK International Export Limited Announces Resignation of Mitti Jain as Company Secretary and Compliance Officer SK International Export Limited announced resignation of Ms. Mitti Jain as Company Secretary and Compliance Officer due to her personal reasons. The Company has accepted her resignation and shall relieve her from her responsibilities with effect close of business hours of March 5, 2022. Board Change • Dec 28
High number of new directors Non-Executive Independent Director Jay Naik was the last director to join the board, commencing their role in 2019. Board Change • Dec 09
High number of new directors Non-Executive Independent Director Jay Naik was the last director to join the board, commencing their role in 2019. Board Change • Nov 02
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Executive Director Purti Sadh is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹15.20, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 19x in the Luxury industry in India. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 20% share price gain to ₹17.40, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 61% over the past year. Is New 90 Day High Low • Jan 27
New 90-day high: ₹14.50 The company is up 73% from its price of ₹8.40 on 23 October 2020. The Indian market is up 22% 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. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improved over the past week After last week's 18% share price gain to ₹11.05, the stock is trading at a trailing P/E ratio of 18.7x, up from the previous P/E ratio of 15.9x. This compares to an average P/E of 20x in the Luxury industry in India. Announcement • Sep 12
SK International Export Limited to Report Q1, 2021 Results on Jul 31, 2020 SK International Export Limited announced that they will report Q1, 2021 results on Jul 31, 2020 