Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹8.42, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 20x in the Luxury industry in India. Total loss to shareholders of 39% over the past three years. Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹0.25 (vs ₹0.34 in FY 2025) Full year 2026 results: EPS: ₹0.25 (down from ₹0.34 in FY 2025). Revenue: ₹741.4m (up 17% from FY 2025). Net income: ₹43.5m (down 25% from FY 2025). Profit margin: 5.9% (down from 9.2% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 17% per year. Announcement • May 19
Lorenzini Apparels Limited to Report Q4, 2026 Results on May 28, 2026 Lorenzini Apparels Limited announced that they will report Q4, 2026 results on May 28, 2026 New Risk • Mar 18
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 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (₹1.15b market cap, or US$12.4m). Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.06 (vs ₹0.09 loss in 3Q 2025) Third quarter 2026 results: EPS: ₹0.06 (up from ₹0.09 loss in 3Q 2025). Revenue: ₹205.3m (down 3.5% from 3Q 2025). Net income: ₹11.0m (up ₹27.2m from 3Q 2025). Profit margin: 5.4% (up from net loss in 3Q 2025). Announcement • Feb 04
Lorenzini Apparels Limited to Report Q3, 2026 Results on Feb 14, 2026 Lorenzini Apparels Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 14, 2026 Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: ₹0.08 (vs ₹0.70 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.08 (down from ₹0.70 in 2Q 2025). Revenue: ₹188.3m (up 44% from 2Q 2025). Net income: ₹14.2m (down 88% from 2Q 2025). Profit margin: 7.5% (down from 93% in 2Q 2025). The decrease in margin was driven by higher expenses. Announcement • Nov 08
Lorenzini Apparels Limited to Report Q2, 2026 Results on Nov 13, 2025 Lorenzini Apparels Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹12.20, the stock trades at a trailing P/E ratio of 41.6x. Average trailing P/E is 24x in the Luxury industry in India. Total loss to shareholders of 56% over the past year. Announcement • Sep 08
Lorenzini Apparels Limited, Annual General Meeting, Sep 30, 2025 Lorenzini Apparels Limited, Annual General Meeting, Sep 30, 2025, at 15:30 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹0.06 (vs ₹0.12 in 1Q 2025) First quarter 2026 results: EPS: ₹0.06 (down from ₹0.12 in 1Q 2025). Revenue: ₹113.4m (down 25% from 1Q 2025). Net income: ₹9.64m (down 48% from 1Q 2025). Profit margin: 8.5% (down from 12% in 1Q 2025). The decrease in margin was driven by lower revenue. New Risk • Jul 08
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 High level of non-cash earnings (30% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (₹2.22b market cap, or US$26.0m). Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹0.34 (vs ₹0.34 in FY 2024) Full year 2025 results: EPS: ₹0.34 (up from ₹0.34 in FY 2024). Revenue: ₹668.4m (up 22% from FY 2024). Net income: ₹58.4m (up 10% from FY 2024). Profit margin: 8.7% (down from 9.7% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • May 17
Lorenzini Apparels Limited to Report Q4, 2025 Results on May 30, 2025 Lorenzini Apparels Limited announced that they will report Q4, 2025 results on May 30, 2025 Buy Or Sell Opportunity • May 16
Now 24% overvalued Over the last 90 days, the stock has fallen 22% to ₹11.43. The fair value is estimated to be ₹9.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 73%. Valuation Update With 7 Day Price Move • May 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹9.22, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 23x in the Luxury industry in India. Total loss to shareholders of 62% over the past year. Buy Or Sell Opportunity • Apr 21
Now 23% overvalued Over the last 90 days, the stock has fallen 36% to ₹12.26. The fair value is estimated to be ₹9.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 73%. Buy Or Sell Opportunity • Mar 06
Now 22% overvalued Over the last 90 days, the stock has fallen 54% to ₹11.94. The fair value is estimated to be ₹9.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 73%. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹11.17, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 23x in the Luxury industry in India. Total loss to shareholders of 62% over the past year. Reported Earnings • Feb 15
Third quarter 2025 earnings released: ₹0.09 loss per share (vs ₹0.15 profit in 3Q 2024) Third quarter 2025 results: ₹0.09 loss per share (down from ₹0.15 profit in 3Q 2024). Revenue: ₹129.8m (up 2.4% from 3Q 2024). Net loss: ₹16.2m (down 169% from profit in 3Q 2024). Announcement • Feb 04
Lorenzini Apparels Limited to Report Q3, 2025 Results on Feb 13, 2025 Lorenzini Apparels Limited announced that they will report Q3, 2025 results on Feb 13, 2025 New Risk • Jan 20
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (₹3.56b market cap, or US$41.1m). Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹14.51, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 29x in the Luxury industry in India. Total loss to shareholders of 7.5% over the past year. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹20.06, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 27% over the past year. Announcement • Dec 07
Lorenzini Apparels Limited Announces Cessation of Mohan Chauhan as Independent Director Lorenzini Apparels Limited announced that Mr. Mohan Chauhan (DIN: 08627458), who served as an Independent Director of the Company has concluded his tenure as an Independent Director on the Board of the Company. His term
officially ended from the close of business hours on December 06, 2024. The Board and the Management of the Company extend their sincere appreciation for the valuable contributions made by Mr. Mohan Chauhan Ranganath during his term and Further the Board will be proposing in the upcoming Board meeting for the re-appointment of second term or appointment of new director as the case may be subject to the approval of members. Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: ₹0.70 (vs ₹0.12 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.70 (up from ₹0.12 in 2Q 2024). Revenue: ₹279.9m (up 56% from 2Q 2024). Net income: ₹121.7m (up ₹103.0m from 2Q 2024). Profit margin: 44% (up from 10% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Announcement • Nov 09
Lorenzini Apparels Limited to Report Q2, 2025 Results on Nov 12, 2024 Lorenzini Apparels Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹29.45, the stock trades at a trailing P/E ratio of 77.2x. Average trailing P/E is 31x in the Luxury industry in India. Total returns to shareholders of 97% over the past year. Announcement • Sep 11
Lorenzini Apparels Limited, Annual General Meeting, Sep 30, 2024 Lorenzini Apparels Limited, Annual General Meeting, Sep 30, 2024, at 14:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹26.77, the stock trades at a trailing P/E ratio of 70.6x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 78% over the past year. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: ₹0.12 (vs ₹0.12 in 1Q 2024) First quarter 2025 results: EPS: ₹0.12. Revenue: ₹172.5m (down 3.7% from 1Q 2024). Net income: ₹18.6m (flat on 1Q 2024). Profit margin: 11% (in line with 1Q 2024). Announcement • Aug 07
Lorenzini Apparels Limited to Report Q1, 2025 Results on Aug 12, 2024 Lorenzini Apparels Limited announced that they will report Q1, 2025 results on Aug 12, 2024 New Risk • Jul 12
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Market cap is less than US$100m (₹4.09b market cap, or US$48.9m). Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹25.32, the stock trades at a trailing P/E ratio of 76x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 113% over the past year. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹25.40, the stock trades at a trailing P/E ratio of 72.1x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 119% over the past year. Announcement • May 09
Lorenzini Apparels Limited Appoints Ankush Mittal as Company Secretary and Compliance Officer Lorenzini Apparels Limited approved the appointment of Mr. Ankush Mittal (ACS: 73440) as the Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company w.e.f. 8 May 2024. To perform the duties which may be performed by a Company Secretary under the Companies Act, 2013 and SEBI (Listing Obligation and Disclosure Requirement) Regulation 2015 and any other duties assigned to him by the Board from time to time. Mr. Ankush Mittal is an Associate member of The Institute of Company Secretary of India holding membership No. A73440 and having Dynamic experience in the field of Listing and unlisted Companies, Corporate Compliance, Due-Diligence,Reporting and He is Graduated from University of Delhi. Announcement • Apr 09
Lorenzini Apparels Limited Announces Resignation of Nitin Bhardwaj as Company Secretary & Compliance Officer, Effective April 15, 2024 Lorenzini Apparels Limited announced that Mr. Nitin Bhardwaj, Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company has tendered his resignation from the position of Company Secretary & Compliance Officer (Key Managerial Personnel) of the Company vide his letter dated 09th April, 2024 and will be relieved from the services of the Company with effect from close of business hour on 15th April, 2024. He has decided to move on to pursue opportunities outside the Company. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹366, the stock trades at a trailing P/E ratio of 67.2x. Average trailing P/E is 27x in the Luxury industry in India. Reported Earnings • Feb 03
Third quarter 2024 earnings released: EPS: ₹2.34 (vs ₹0.17 in 3Q 2023) Third quarter 2024 results: EPS: ₹2.34 (up from ₹0.17 in 3Q 2023). Revenue: ₹144.0m (up 18% from 3Q 2023). Net income: ₹23.7m (up ₹22.0m from 3Q 2023). Profit margin: 17% (up from 1.4% in 3Q 2023). New Risk • Feb 01
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 7.6% 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 Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (6.1% net profit margin). Market cap is less than US$100m (₹4.16b market cap, or US$50.2m). Announcement • Jan 25
Lorenzini Apparels Limited to Report Q3, 2024 Results on Feb 02, 2024 Lorenzini Apparels Limited announced that they will report Q3, 2024 results on Feb 02, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: ₹1.84 (vs ₹0.89 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.84 (up from ₹0.89 in 2Q 2023). Revenue: ₹184.9m (up 74% from 2Q 2023). Net income: ₹18.7m (up 106% from 2Q 2023). Profit margin: 10% (up from 8.5% in 2Q 2023). The increase in margin was driven by higher revenue. Announcement • Nov 04
Lorenzini Apparels Limited to Report Q2, 2024 Results on Nov 10, 2023 Lorenzini Apparels Limited announced that they will report Q2, 2024 results on Nov 10, 2023 Announcement • Sep 14
Lorenzini Apparels Limited Announces CFO Changes The board of directors of Lorenzini Apparels Limited meeting held on September 11, 2023, approved resignation of Mrs. Deepika Jain from the designation of Chief Financial Officer of the Company; and appointment of Mr. Sandeep Jain as a Chief Financial Officer of the Company. Lorenzini is expanding its operations, the knowledge, acumen, experience, and expertise of Mr. Sandeep Jain as Chief Financial Officer of Lorenzini would be beneficial for overall growth, development, and prosperity of Company. Mr. Sandeep Jain- aged 41 years, is the Promoter and Managing Director of the Company. He has around 15 years of experience in the readymade garments industry. He is responsible for developing business strategies and instrumental in formulating strategic growth of the Company. He looks after the production, retailing and online marketing division of the Company. He is associated with the Company since incorporation. He has joined the board as Managing Director since November 01, 2009 and was reappointed as Managing Director effective from July 01, 2017 and further reappointed as Managing Director effective from July 01, 2022. Announcement • Sep 13
Lorenzini Apparels Limited Announces Resignation of Deepika Jain from the Designation of Whole Time Director Lorenzini Apparels Limited announced resignation of Mrs. Deepika Jain from the designation of Whole Time Director at its board meeting held on September 11, 2023. Announcement • Aug 24
Lorenzini Apparels Limited, Annual General Meeting, Sep 20, 2023 Lorenzini Apparels Limited, Annual General Meeting, Sep 20, 2023, at 15:00 Indian Standard Time. Announcement • Aug 03
Lorenzini Apparels Limited to Report Q1, 2024 Results on Aug 07, 2023 Lorenzini Apparels Limited announced that they will report Q1, 2024 results on Aug 07, 2023 Announcement • Jun 23
Lorenzini Apparels Limited Announces Appointment of Nitin Bhardwaj as Company Secretary and Compliance Officer Lorenzini Apparels Limited announced appointment of Mr. Nitin Bhardwaj, Company Secretary having membership no. A67473, as the Company Secretary and Compliance Officer of the Company w.e.f June 22, 2023, pursuant to Section 203 of the Companies Act, 2013 and rules made there under and Regulation 6(1) of SEBI (Listing Obligations & Disclosure requirements) Regulations, 2015 as approved by the Board of Directors in their meeting held on June 22, 2023. Term of Appointment: To perform the duties which may be performed by a Company Secretary under the Companies Act, 2013 and SEBI (Listing Obligation and Disclosure Requirement) Regulation 2015 and any other duties assigned to him by the Board from time to time. Mr. Nitin Bhardwaj is an Associate member of The Institute of Company Secretary of India holding membership No. A67473 and having Dynamic experience in the field of Corporate Compliance, Due-Diligence, Reporting and He of is Graduated from University Delhi. Reported Earnings • May 30
Full year 2023 earnings released: EPS: ₹2.48 (vs ₹0.53 in FY 2022) Full year 2023 results: EPS: ₹2.48 (up from ₹0.53 in FY 2022). Revenue: ₹439.5m (up 80% from FY 2022). Net income: ₹25.2m (up 369% from FY 2022). Profit margin: 5.7% (up from 2.2% in FY 2022). The increase in margin was driven by higher revenue. Announcement • May 20
Lorenzini Apparels Limited to Report Q4, 2023 Results on May 29, 2023 Lorenzini Apparels Limited announced that they will report Q4, 2023 results on May 29, 2023 Buying Opportunity • Apr 13
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be ₹147, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last year. Earnings per share has grown by 575%. Board Change • Apr 12
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive & Independent Director YOGESH KUMAR was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.