Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹201, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 47% over the past three years. New Risk • Jul 09
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 9.3% 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 (1.8x net interest cover). Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risk Market cap is less than US$100m (₹3.12b market cap, or US$32.7m). Reported Earnings • May 23
Full year 2026 earnings released: EPS: ₹10.88 (vs ₹10.67 in FY 2025) Full year 2026 results: EPS: ₹10.88 (up from ₹10.67 in FY 2025). Revenue: ₹7.12b (up 2.2% from FY 2025). Net income: ₹196.4m (up 2.0% from FY 2025). Profit margin: 2.8% (in line with FY 2025). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year. Announcement • May 13
Manomay Tex India Limited to Report Q4, 2026 Results on May 22, 2026 Manomay Tex India Limited announced that they will report Q4, 2026 results on May 22, 2026 New Risk • May 05
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 7.2% 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 (1.9x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (₹3.72b market cap, or US$39.0m). Valuation Update With 7 Day Price Move • May 05
Investor sentiment deteriorates as stock falls 32% After last week's 32% share price decline to ₹165, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹235, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 96% over the past three years. Reported Earnings • Feb 06
Third quarter 2026 earnings released: EPS: ₹2.56 (vs ₹3.34 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.56 (down from ₹3.34 in 3Q 2025). Revenue: ₹1.77b (down 4.8% from 3Q 2025). Net income: ₹46.3m (down 23% from 3Q 2025). Profit margin: 2.6% (down from 3.2% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year. Announcement • Jan 27
Manomay Tex India Limited to Report Q3, 2026 Results on Feb 04, 2026 Manomay Tex India Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 04, 2026 Board Change • Jan 01
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. 1 experienced director. 8 highly experienced directors. Independent Non-Executive Director Anil Kabra was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹3.09 (vs ₹2.65 in 2Q 2025) Second quarter 2026 results: EPS: ₹3.09 (up from ₹2.65 in 2Q 2025). Revenue: ₹1.66b (down 5.8% from 2Q 2025). Net income: ₹55.7m (up 16% from 2Q 2025). Profit margin: 3.3% (up from 2.7% in 2Q 2025). The increase in margin was driven by lower expenses. Announcement • Nov 03
Manomay Tex India Limited to Report Q2, 2026 Results on Nov 14, 2025 Manomay Tex India Limited announced that they will report Q2, 2026 results at 9:15 AM, Indian Standard Time on Nov 14, 2025 Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹202, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 24x in the Luxury industry in India. Total loss to shareholders of 5.8% over the past year. Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹2.46 (vs ₹2.83 in 1Q 2025) First quarter 2026 results: EPS: ₹2.46 (down from ₹2.83 in 1Q 2025). Revenue: ₹1.64b (up 5.6% from 1Q 2025). Net income: ₹44.5m (down 13% from 1Q 2025). Profit margin: 2.7% (down from 3.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Announcement • Aug 13
Manomay Tex India Limited, Annual General Meeting, Sep 17, 2025 Manomay Tex India Limited, Annual General Meeting, Sep 17, 2025, at 13:00 Indian Standard Time. Location: 32, heera panna market, pur road, bhilwara - 311001, rajasthan, bhilwara India Announcement • Aug 02
Manomay Tex India Limited to Report Q1, 2026 Results on Aug 13, 2025 Manomay Tex India Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Reported Earnings • May 15
Full year 2025 earnings released: EPS: ₹10.67 (vs ₹7.20 in FY 2024) Full year 2025 results: EPS: ₹10.67 (up from ₹7.20 in FY 2024). Revenue: ₹6.98b (up 20% from FY 2024). Net income: ₹192.5m (up 48% from FY 2024). Profit margin: 2.8% (up from 2.2% in FY 2024). The increase in margin was driven by higher revenue. Announcement • May 01
Manomay Tex India Limited to Report Q4, 2025 Results on May 14, 2025 Manomay Tex India Limited announced that they will report Q4, 2025 results on May 14, 2025 Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹183, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 9.8% over the past year. Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: ₹3.34 (vs ₹2.13 in 3Q 2024) Third quarter 2025 results: EPS: ₹3.34 (up from ₹2.13 in 3Q 2024). Revenue: ₹1.86b (up 49% from 3Q 2024). Net income: ₹60.3m (up 56% from 3Q 2024). Profit margin: 3.2% (up from 3.1% in 3Q 2024). The increase in margin was driven by higher revenue. Announcement • Jan 29
Manomay Tex India Limited to Report Q3, 2025 Results on Feb 07, 2025 Manomay Tex India Limited announced that they will report Q3, 2025 results on Feb 07, 2025 Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹238, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 37% over the past year. Reported Earnings • Nov 18
Second quarter 2025 earnings released: EPS: ₹2.65 (vs ₹1.49 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.65 (up from ₹1.49 in 2Q 2024). Revenue: ₹1.77b (up 33% from 2Q 2024). Net income: ₹47.9m (up 78% from 2Q 2024). Profit margin: 2.7% (up from 2.0% in 2Q 2024). The increase in margin was driven by higher revenue. Announcement • Oct 29
Manomay Tex India Limited to Report Q2, 2025 Results on Nov 14, 2024 Manomay Tex India Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Recent Insider Transactions • Oct 01
Key Executive recently bought ₹5.7m worth of stock On the 26th of September, Kailashchandra Laddha bought around 26k shares on-market at roughly ₹217 per share. This transaction amounted to less than 1% 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 Kailashchandra's only on-market trade for the last 12 months. Recent Insider Transactions • Sep 17
Promoter recently bought ₹2.8m worth of stock On the 12th of September, Yogesh Laddha bought around 13k shares on-market at roughly ₹213 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Yogesh has been a buyer over the last 12 months, purchasing a net total of ₹17m worth in shares. New Risk • Sep 14
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 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (₹4.04b market cap, or US$48.2m). Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹213, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 54% over the past year. Announcement • Aug 30
Manomay Tex India Limited, Annual General Meeting, Sep 27, 2024 Manomay Tex India Limited, Annual General Meeting, Sep 27, 2024, at 13:00 Indian Standard Time. Location: 32, heera panna market, pur road, bhilwara-311001 (rajasthan), bhilwara India Announcement • Aug 20
Manomay Tex India Limited to Report Q4, 2024 Results on Aug 30, 2024 Manomay Tex India Limited announced that they will report Q4, 2024 results at 12:15 PM, Indian Standard Time on Aug 30, 2024 Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: ₹2.83 (vs ₹1.33 in 1Q 2024) First quarter 2025 results: EPS: ₹2.83 (up from ₹1.33 in 1Q 2024). Revenue: ₹1.55b (up 11% from 1Q 2024). Net income: ₹51.1m (up 112% from 1Q 2024). Profit margin: 3.3% (up from 1.7% in 1Q 2024). The increase in margin was driven by higher revenue. Announcement • Aug 02
Manomay Tex India Limited to Report Q1, 2025 Results on Aug 12, 2024 Manomay Tex India Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹289, the stock trades at a trailing P/E ratio of 40.2x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 119% over the past year. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹213, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 58% over the past year. Reported Earnings • May 21
Full year 2024 earnings released: EPS: ₹7.20 (vs ₹8.72 in FY 2023) Full year 2024 results: EPS: ₹7.20. Revenue: ₹5.84b (down 16% from FY 2023). Net income: ₹130.0m (flat on FY 2023). Profit margin: 2.2% (up from 1.9% in FY 2023). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹206, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 28x in the Luxury industry in India. Total returns to shareholders of 50% over the past year. Recent Insider Transactions • Mar 21
Promoter recently bought ₹3.7m worth of stock On the 20th of March, Yogesh Laddha bought around 22k shares on-market at roughly ₹171 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Yogesh has been a buyer over the last 12 months, purchasing a net total of ₹8.4m worth in shares. Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: ₹2.13 (vs ₹1.69 in 3Q 2023) Third quarter 2024 results: EPS: ₹2.13 (up from ₹1.69 in 3Q 2023). Revenue: ₹1.25b (down 18% from 3Q 2023). Net income: ₹38.5m (up 55% from 3Q 2023). Profit margin: 3.1% (up from 1.6% in 3Q 2023). The increase in margin was driven by lower expenses. Announcement • Feb 01
Manomay Tex India Limited to Report Q3, 2024 Results on Feb 10, 2024 Manomay Tex India Limited announced that they will report Q3, 2024 results on Feb 10, 2024 Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹193, the stock trades at a trailing P/E ratio of 28.1x. Average trailing P/E is 29x in the Luxury industry in India. New Risk • Dec 11
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 Risks Interest payments are not well covered by earnings (1.9x net interest cover). High level of non-cash earnings (35% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (₹2.72b market cap, or US$32.6m). Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹152, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 27x in the Luxury industry in India. Announcement • Nov 04
Manomay Tex India Limited to Report Q2, 2024 Results on Nov 10, 2023 Manomay Tex India Limited announced that they will report Q2, 2024 results on Nov 10, 2023 Announcement • Sep 01
Manomay Tex India Limited, Annual General Meeting, Sep 26, 2023 Manomay Tex India Limited, Annual General Meeting, Sep 26, 2023, at 13:00 Indian Standard Time. Location: 32, Heera Panna Market, Pur Road, -311001 Bhilwara Rajasthan India Reported Earnings • Aug 15
First quarter 2024 earnings released: EPS: ₹1.33 (vs ₹1.98 in 1Q 2023) First quarter 2024 results: EPS: ₹1.33 (down from ₹1.98 in 1Q 2023). Revenue: ₹1.41b (down 24% from 1Q 2023). Net income: ₹24.1m (down 17% from 1Q 2023). Profit margin: 1.7% (up from 1.6% in 1Q 2023). The increase in margin was driven by lower expenses. Announcement • Aug 01
Manomay Tex India Limited to Report Q1, 2024 Results on Aug 14, 2023 Manomay Tex India Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Board Change • Jul 18
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Rajiv Mahajan was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jul 08
Manomay Tex India Limited Announces Executive Changes The Board of Directors of the Manomay Tex India Limited in their meeting held on Friday 7th July, 2023, approved Resignation of Mr. Sandeep Kumar Maniyar as an Independent Director on Board of the Company with effect from July 7, 2023 along with his membership in Nomination and Remuneration Committee. Resignation due to Pre-Occupation, and there is no other material reason for resignation other than those provided and the same has been confirmed by Sandeep Kumar Maniyar in his resignation. Recent Insider Transactions • Jun 29
Whole Time Director recently bought ₹5.7m worth of stock On the 28th of June, Pallavi Laddha bought around 44k shares on-market at roughly ₹128 per share. This transaction amounted to 4.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹28m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jun 16
MD & Director recently bought ₹1.9m worth of stock On the 15th of June, Yogesh Laddha bought around 15k shares on-market at roughly ₹125 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Yogesh has been a buyer over the last 12 months, purchasing a net total of ₹12m worth in shares. Reported Earnings • Jun 03
Full year 2023 earnings released: EPS: ₹8.72 (vs ₹5.26 in FY 2022) Full year 2023 results: EPS: ₹8.72 (up from ₹5.26 in FY 2022). Revenue: ₹6.99b (up 19% from FY 2022). Net income: ₹129.5m (up 68% from FY 2022). Profit margin: 1.9% (up from 1.3% in FY 2022). The increase in margin was driven by higher revenue. Announcement • May 20
Manomay Tex India Limited to Report Q4, 2023 Results on May 30, 2023 Manomay Tex India Limited announced that they will report Q4, 2023 results on May 30, 2023 Reported Earnings • Feb 16
Third quarter 2023 earnings released: EPS: ₹1.69 (vs ₹1.62 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.69 (up from ₹1.62 in 3Q 2022). Revenue: ₹1.52b (down 11% from 3Q 2022). Net income: ₹24.9m (up 4.6% from 3Q 2022). Profit margin: 1.6% (up from 1.4% in 3Q 2022). The increase in margin was driven by lower expenses. Announcement • Feb 15
Manomay Tex India Limited Announces Regularization of Additional Independent Directors to Independent Directors Manomay Tex India Limited at its Extra ordinary General Meeting held on 13 February 2023 approved Appointment of Mr. Rajiv Mahajan as an Independent Director who was appointed as an Additional Independent Director and Appointment of Mr. Sandeep Kumar Maniyar as an Independent Director who was appointed as an Additional Independent Director. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹145, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 15x in the Luxury industry in India. Announcement • Feb 03
Manomay Tex India Limited to Report Q3, 2023 Results on Feb 14, 2023 Manomay Tex India Limited announced that they will report Q3, 2023 results on Feb 14, 2023 
