Reported Earnings • Aug 01
First quarter 2027 earnings released: EPS: ₹3.33 (vs ₹1.11 in 1Q 2026) First quarter 2027 results: EPS: ₹3.33 (up from ₹1.11 in 1Q 2026). Revenue: ₹1.66b (up 18% from 1Q 2026). Net income: ₹58.9m (up 199% from 1Q 2026). Profit margin: 3.5% (up from 1.4% in 1Q 2026). 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 9% per year, which means it is significantly lagging earnings growth. Announcement • Jul 29
Lagnam Spintex Limited to Report Q1, 2027 Results on Jul 30, 2026 Lagnam Spintex Limited announced that they will report Q1, 2027 results on Jul 30, 2026 Announcement • May 11
Lagnam Spintex Limited, Annual General Meeting, Aug 27, 2026 Lagnam Spintex Limited, Annual General Meeting, Aug 27, 2026, at 11:30 Indian Standard Time. Reported Earnings • May 11
Full year 2026 earnings released: EPS: ₹8.14 (vs ₹7.28 in FY 2025) Full year 2026 results: EPS: ₹8.14 (up from ₹7.28 in FY 2025). Revenue: ₹6.05b (flat on FY 2025). Net income: ₹143.9m (up 12% from FY 2025). Profit margin: 2.4% (up from 2.1% in FY 2025). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 19% per year. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹78.12, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 46% over the past three years. Reported Earnings • Feb 09
Third quarter 2026 earnings released: EPS: ₹2.09 (vs ₹1.33 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.09 (up from ₹1.33 in 3Q 2025). Revenue: ₹1.53b (up 3.0% from 3Q 2025). Net income: ₹36.9m (up 57% from 3Q 2025). Profit margin: 2.4% (up from 1.6% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Feb 04
Lagnam Spintex Limited to Report Q3, 2026 Results on Feb 07, 2026 Lagnam Spintex Limited announced that they will report Q3, 2026 results at 12:08 PM, Indian Standard Time on Feb 07, 2026 New Risk • Feb 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risk Market cap is less than US$100m (₹1.35b market cap, or US$14.9m). New Risk • Nov 20
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 7.3% 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 Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (₹1.43b market cap, or US$16.1m). Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: ₹0.21 (vs ₹0.22 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.21 (down from ₹0.22 in 2Q 2025). Revenue: ₹1.32b (down 1.4% from 2Q 2025). Net income: ₹3.80m (flat on 2Q 2025). Profit margin: 0.3% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹1.11 (vs ₹0.89 in 1Q 2025) First quarter 2026 results: EPS: ₹1.11 (up from ₹0.89 in 1Q 2025). Revenue: ₹1.40b (down 12% from 1Q 2025). Net income: ₹19.7m (up 25% from 1Q 2025). Profit margin: 1.4% (up from 1.0% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Jul 10
Full year 2025 earnings released: EPS: ₹7.28 (vs ₹8.25 in FY 2024) Full year 2025 results: EPS: ₹7.28 (down from ₹8.25 in FY 2024). Revenue: ₹6.06b (up 38% from FY 2024). Net income: ₹128.5m (down 12% from FY 2024). Profit margin: 2.1% (down from 3.3% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. New Risk • Apr 18
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: 2.1% Last year net profit margin: 3.3% 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 Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.1% net profit margin). Market cap is less than US$100m (₹2.18b market cap, or US$25.5m). Announcement • Apr 17
Lagnam Spintex Limited, Annual General Meeting, Jul 23, 2025 Lagnam Spintex Limited, Annual General Meeting, Jul 23, 2025, at 11:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹112, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 27% over the past three years. Announcement • Feb 09
Lagnam Spintex Limited to Report Q3, 2025 Results on Feb 08, 2025 Lagnam Spintex Limited announced that they will report Q3, 2025 results at 12:08 PM, Indian Standard Time on Feb 08, 2025 Reported Earnings • Feb 09
Third quarter 2025 earnings released: EPS: ₹1.33 (vs ₹2.62 in 3Q 2024) Third quarter 2025 results: EPS: ₹1.33 (down from ₹2.62 in 3Q 2024). Revenue: ₹1.48b (up 20% from 3Q 2024). Net income: ₹23.5m (down 49% from 3Q 2024). Profit margin: 1.6% (down from 3.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. New Risk • Dec 03
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 Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (₹2.21b market cap, or US$26.1m). Reported Earnings • Nov 12
Second quarter 2025 earnings released: EPS: ₹0.22 (vs ₹0.73 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.22 (down from ₹0.73 in 2Q 2024). Revenue: ₹1.34b (up 45% from 2Q 2024). Net income: ₹3.81m (down 71% from 2Q 2024). Profit margin: 0.3% (down from 1.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹125, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 31x in the Luxury industry in India. Total returns to shareholders of 132% over the past three years. Reported Earnings • Aug 04
First quarter 2025 earnings released: EPS: ₹0.89 (vs ₹0.77 in 1Q 2024) First quarter 2025 results: EPS: ₹0.89 (up from ₹0.77 in 1Q 2024). Revenue: ₹1.60b (up 123% from 1Q 2024). Net income: ₹15.8m (up 16% from 1Q 2024). Profit margin: 1.0% (down from 1.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 60% per year, which means it is well ahead of earnings. Announcement • Jul 20
Lagnam Spintex Limited Declares Final Dividend for the Financial Year Ended 31 March, 2024 Lagnam Spintex Limited at its AGM held on July 16, 2024 declared Final Dividend of INR 0.50/- per Equity Shares for the financial year ended 31st March, 2024. The record date for the purpose of final dividend for fiscal 2024 is 09 July, 2024. The Dividend as recommended by the Board, if declared at the Meeting, will be made payable, after deduction of applicable tax (TDS), within 30 days of the date of declaration i.e. 16 July, 2024. Upcoming Dividend • Jul 02
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 09 July 2024. Payment date: 15 August 2024. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (0.5%). Reported Earnings • Jun 28
Full year 2024 earnings released: EPS: ₹8.25 (vs ₹5.53 in FY 2023) Full year 2024 results: EPS: ₹8.25 (up from ₹5.53 in FY 2023). Revenue: ₹4.38b (up 44% from FY 2023). Net income: ₹145.7m (up 49% from FY 2023). Profit margin: 3.3% (up from 3.2% in FY 2023). The increase in margin was driven by higher revenue. 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 76% per year, which means it is well ahead of earnings. Announcement • May 01
Lagnam Spintex Limited, Annual General Meeting, Jul 16, 2024 Lagnam Spintex Limited, Annual General Meeting, Jul 16, 2024, at 11:00 Indian Standard Time. Location: A 51-53, RIICO Growth Centre Hamirgarh, Bhilwara India Announcement • Apr 30
Lagnam Spintex Limited Recommends Final Dividend for the Year Ended 31 March, 2024 The board of directors of Lagnam Spintex Limited at its meeting held on 29 April 2024, Recommended Final Dividend of INR 0.50 per share of INR 10 equity share each i.e. 5%, for the year ended 31 March, 2024. Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹2.62 (vs ₹0.22 in 3Q 2023) Third quarter 2024 results: EPS: ₹2.62 (up from ₹0.22 in 3Q 2023). Revenue: ₹1.24b (up 71% from 3Q 2023). Net income: ₹46.2m (up ₹42.4m from 3Q 2023). Profit margin: 3.7% (up from 0.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 114% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹108, the stock trades at a trailing P/E ratio of 41.8x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 661% over the past three years. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹96.30, the stock trades at a trailing P/E ratio of 37.3x. Average trailing P/E is 26x in the Luxury industry in India. Total returns to shareholders of 798% over the past three years. Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: ₹0.73 (vs ₹0.93 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.73 (down from ₹0.93 in 2Q 2023). Revenue: ₹925.8m (up 47% from 2Q 2023). Net income: ₹12.9m (down 21% from 2Q 2023). Profit margin: 1.4% (down from 2.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 116% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Nov 09
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 7.5% 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 Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (₹1.40b market cap, or US$16.8m). Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹82.00, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 1,049% over the past three years. Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: ₹0.77 (vs ₹3.52 in 1Q 2023) First quarter 2024 results: EPS: ₹0.77 (down from ₹3.52 in 1Q 2023). Revenue: ₹717.5m (down 9.4% from 1Q 2023). Net income: ₹13.6m (down 78% from 1Q 2023). Profit margin: 1.9% (down from 7.8% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 97% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹65.90, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 646% over the past three years. New Risk • Jul 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.2% net profit margin). Market cap is less than US$100m (₹991.2m market cap, or US$12.1m). Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹56.10, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 472% over the past three years. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹48.10, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 569% over the past three years. Reported Earnings • May 20
Full year 2023 earnings released: EPS: ₹5.53 (vs ₹16.30 in FY 2022) Full year 2023 results: EPS: ₹5.53 (down from ₹16.30 in FY 2022). Revenue: ₹3.05b (down 13% from FY 2022). Net income: ₹97.6m (down 66% from FY 2022). Profit margin: 3.2% (down from 8.3% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹57.50, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 650% over the past three years. Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹0.22 (vs ₹5.32 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.22 (down from ₹5.32 in 3Q 2022). Revenue: ₹721.6m (down 21% from 3Q 2022). Net income: ₹3.86m (down 96% from 3Q 2022). Profit margin: 0.5% (down from 10% 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 78% per year but the company’s share price has only increased by 70% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Dec 02
Promoter & Chairman recently bought ₹4.0m worth of stock On the 29th of November, Dwarka Mangal bought around 66k shares on-market at roughly ₹59.74 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Dwarka's only on-market trade for the last 12 months. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Promoter & Executive Director Shubh Mangal was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: ₹0.93 (vs ₹3.49 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.93 (down from ₹3.49 in 2Q 2022). Revenue: ₹630.5m (down 23% from 2Q 2022). Net income: ₹16.4m (down 73% from 2Q 2022). Profit margin: 2.6% (down from 7.6% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 82% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: ₹3.52 (vs ₹3.46 in 1Q 2022) First quarter 2023 results: EPS: ₹3.52 (up from ₹3.46 in 1Q 2022). Revenue: ₹792.6m (up 6.1% from 1Q 2022). Net income: ₹62.1m (up 1.6% from 1Q 2022). Profit margin: 7.8% (down from 8.2% 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 90% per year whereas the company’s share price has increased by 85% per year. Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improved over the past week After last week's 22% share price gain to ₹84.80, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 554% over the past three years. Upcoming Dividend • Jun 13
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 20 June 2022. Payment date: 28 July 2022. Payout ratio is a comfortable 6.1% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Indian dividend payers (1.8%). Higher than average of industry peers (0.6%). Valuation Update With 7 Day Price Move • May 20
Investor sentiment improved over the past week After last week's 16% share price gain to ₹76.10, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 422% over the past three years. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Promoter & Executive Director Shubh Mangal was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 18
Full year 2022 earnings released: EPS: ₹16.30 (vs ₹2.56 in FY 2021) Full year 2022 results: EPS: ₹16.30 (up from ₹2.56 in FY 2021). Revenue: ₹3.49b (up 70% from FY 2021). Net income: ₹288.0m (up ₹242.7m from FY 2021). Profit margin: 8.3% (up from 2.2% 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 82% per year whereas the company’s share price has increased by 84% per year. Announcement • Apr 17
Lagnam Spintex Limited, Annual General Meeting, Jun 28, 2022 Lagnam Spintex Limited, Annual General Meeting, Jun 28, 2022, at 11:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment improved over the past week After last week's 24% share price gain to ₹102, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 481% over the past three years. Upcoming Dividend • Jan 20
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 27 January 2022. Payment date: 14 February 2022. Payout ratio is a comfortable 3.2% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.3%). In line with average of industry peers (0.4%). Reported Earnings • Jan 18
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹5.32 (up from ₹2.57 in 3Q 2021). Revenue: ₹909.5m (up 45% from 3Q 2021). Net income: ₹94.0m (up 107% from 3Q 2021). Profit margin: 10% (up from 7.2% 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 80% per year whereas the company’s share price has increased by 82% per year. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 34% share price gain to ₹74.90, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 473% over the past three years. Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Promoter & Executive Director Shubh Mangal was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 17
Second quarter 2022 earnings released: EPS ₹3.49 (vs ₹0.65 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹814.1m (up 63% from 2Q 2021). Net income: ₹61.7m (up 438% from 2Q 2021). Profit margin: 7.6% (up from 2.3% in 2Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment improved over the past week After last week's 17% share price gain to ₹47.30, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 95% over the past three years. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹39.35, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 368% over the past year. Recent Insider Transactions • Aug 05
MD, Promoter & Executive Director recently bought ₹3.7m worth of stock On the 3rd of August, Anand Mangal bought around 78k shares on-market at roughly ₹47.44 per share. This was the largest purchase by an insider in the last 3 months. This was Anand's only on-market trade for the last 12 months. Reported Earnings • Jul 16
First quarter 2022 earnings released: EPS ₹3.46 (vs ₹4.19 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹747.2m (up 281% from 1Q 2021). Net income: ₹61.1m (up ₹135.3m from 1Q 2021). Profit margin: 8.2% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improved over the past week After last week's 19% share price gain to ₹30.55, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 219% over the past year. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improved over the past week After last week's 15% share price gain to ₹29.50, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 269% over the past year. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improved over the past week After last week's 20% share price gain to ₹26.40, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 247% over the past year. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improved over the past week After last week's 15% share price gain to ₹17.30, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 17x in the Luxury industry in India. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improved over the past week After last week's 18% share price gain to ₹13.70, the stock is trading at a trailing P/E ratio of 21.6x, up from the previous P/E ratio of 18.3x. This compares to an average P/E of 20x in the Luxury industry in India. Total returns to shareholders over the past year are 37%. Recent Insider Transactions • Jan 06
Chairman recently bought ₹144k worth of stock On the 29th of December, Dwarka Mangal bought around 15k shares on-market at roughly ₹9.63 per share. This was the largest purchase by an insider in the last 3 months. Dwarka has been a buyer over the last 12 months, purchasing a net total of ₹335k worth in shares.