Board Change • May 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. 1 experienced director. 5 highly experienced directors. Independent Director Pranav Manek 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 • Apr 19
Full year 2026 earnings released: EPS: ₹5.66 (vs ₹5.66 in FY 2025) Full year 2026 results: EPS: ₹5.66 (up from ₹5.66 in FY 2025). Revenue: ₹2.48b (up 48% from FY 2025). Net income: ₹62.9m (flat on FY 2025). Profit margin: 2.5% (down from 3.8% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 30
Full year 2025 earnings released: EPS: ₹5.66 (vs ₹2.04 in FY 2024) Full year 2025 results: EPS: ₹5.66 (up from ₹2.04 in FY 2024). Revenue: ₹1.68b (up 105% from FY 2024). Net income: ₹62.9m (up 177% from FY 2024). Profit margin: 3.8% (up from 2.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings. Announcement • Aug 25
Parin Enterprises Limited, Annual General Meeting, Sep 22, 2025 Parin Enterprises Limited, Annual General Meeting, Sep 22, 2025, at 11:00 Indian Standard Time. Location: plot no.6,revenue survey no.149, national highway at.vavdi, gondal road rajkot, gujarat- 360004,india, rajkot India Reported Earnings • May 13
Full year 2025 earnings released: EPS: ₹5.66 (vs ₹2.04 in FY 2024) Full year 2025 results: EPS: ₹5.66 (up from ₹2.04 in FY 2024). Revenue: ₹1.68b (up 105% from FY 2024). Net income: ₹62.9m (up 177% from FY 2024). Profit margin: 3.7% (up from 2.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings. New Risk • Nov 16
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: 2.7% Last year net profit margin: 4.0% 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 Risks Interest payments are not well covered by earnings (1.9x net interest cover). Earnings have declined by 13% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (₹4.16b market cap, or US$49.3m). Announcement • Aug 14
Parin Furniture Limited, Annual General Meeting, Sep 09, 2024 Parin Furniture Limited, Annual General Meeting, Sep 09, 2024, at 11:00 Indian Standard Time. Location: plot no.6,revenue survey no.149, national highway at.vavdi, gondal road rajkot, gujarat- 360004,india, rajkot India Reported Earnings • May 25
Full year 2024 earnings released: EPS: ₹2.04 (vs ₹2.77 in FY 2023) Full year 2024 results: EPS: ₹2.04 (down from ₹2.77 in FY 2023). Revenue: ₹821.2m (up 1.1% from FY 2023). Net income: ₹22.7m (down 26% from FY 2023). Profit margin: 2.8% (down from 3.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings. New Risk • May 24
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 Interest payments are not well covered by earnings (2.6x net interest cover). Earnings have declined by 4.8% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Market cap is less than US$100m (₹2.05b market cap, or US$24.6m). Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹185, the stock trades at a trailing P/E ratio of 47.9x. Average trailing P/E is 48x in the Consumer Durables industry in India. Total returns to shareholders of 285% over the past three years. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹98.00, the stock trades at a trailing P/E ratio of 25.4x. Average trailing P/E is 45x in the Consumer Durables industry in India. Total returns to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹81.55, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 48x in the Consumer Durables industry in India. Total returns to shareholders of 22% over the past three years. Board Change • Nov 07
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. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Director Dayalal Kesharia was the last independent 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: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 27
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. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Director Dayalal Kesharia was the last independent 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: Minority of independent directors. Insufficient board refreshment. New Risk • Aug 04
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹806.6m (US$9.75m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (8.8% average weekly change). Earnings have declined by 3.8% per year over the past 5 years. Market cap is less than US$10m (₹806.6m market cap, or US$9.75m). Board Change • Aug 03
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. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Director Dayalal Kesharia was the last independent 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: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹67.70, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 39x in the Consumer Durables industry in India. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • May 03
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹77.10, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 36x in the Consumer Durables industry in India. Total returns to shareholders of 28% over the past three years. Board Change • Apr 24
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. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Director Dayalal Kesharia was the last independent 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: Minority of independent directors. Insufficient board refreshment. Board Change • Mar 28
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. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Director Dayalal Kesharia was the last independent 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: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 24
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. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Director Dayalal Kesharia was the last independent 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: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 02
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. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Director Dayalal Kesharia was the last independent 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: Minority of independent directors. Insufficient board refreshment. Board Change • Jun 30
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. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Director Dayalal Kesharia was the last independent 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: Minority of independent directors. Insufficient board refreshment. Announcement • Jun 29
Parin Furniture Limited, Annual General Meeting, Jul 23, 2022 Parin Furniture Limited, Annual General Meeting, Jul 23, 2022, at 11:00 Indian Standard Time. Location: Plot no. 6, revenue survey no. 149 National highway at. Vavdi, Gondal road Rajkot GJ, 360004 Rajkot India Agenda: To consider and approve the audited financial statements of the company (including audited consolidated financial statements) or the financial year ended on March 31, 2022 and the reports of the board of directors' and auditors thereon; to appoint a director in place of Mr. UMESH DHIRAJLAL NANDANI who retire by rotation and being eligible, offers himself for re-appointment; and to consider any other matter thereof. Board Change • May 24
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. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Director Dayalal Kesharia was the last independent 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: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 18% share price gain to ₹156, the stock trades at a trailing P/E ratio of 75.4x. Average trailing P/E is 39x in the Consumer Durables industry in India. Total returns to shareholders of 122% over the past three years. Board Change • Apr 27
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. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Director Dayalal Kesharia was the last independent 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: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improved over the past week After last week's 16% share price gain to ₹109, the stock trades at a trailing P/E ratio of 52.8x. Average trailing P/E is 43x in the Consumer Durables industry in India. Total returns to shareholders of 60% over the past three years. Board Change • Apr 08
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. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Director Dayalal Kesharia was the last independent 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: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 11
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. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Director Dayalal Kesharia was the last independent 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: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹49.10, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 35x in the Consumer Durables industry in India. Total loss to shareholders of 23% over the past three years. Board Change • Dec 01
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. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Dayalal Kesharia was the last independent 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: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 27
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. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Dayalal Kesharia was the last independent 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: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 08
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. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Dayalal Kesharia was the last independent 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: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 20
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. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Dayalal Kesharia was the last independent 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: Minority of independent directors. Insufficient board refreshment. Announcement • Feb 13
Parin Furniture Limited Announces Executive Changes Parin Furniture Limited announced that the Board of Directors of the Company at its meeting held on 11th February, 2021 has inter alia noted resignation of Mr. Kishor Kikani as Company Secretary and Compliance officer of the Company w.e.f 11 February, 2021 i.e. ceased as Company Secretary and Compliance officer after closure of working hours on 10th February, 2021. Appointed and designated Ms. Alpa V. Jogi, CFO of the Company as Compliance officer of the Company w.e.f. 11 February, 2021 till appointment of Regular qualified Company Secretary. Valuation Update With 7 Day Price Move • Oct 28
Market pulls back on stock over the past week After last week's 15% share price decline to ₹59.00, the stock is trading at a trailing P/E ratio of 17.2x, down from the previous P/E ratio of 20.4x. This compares to an average P/E of 28x in the Consumer Durables industry in India. Total returns to shareholders over the past year were flat. Announcement • Jul 17
Parin Furniture Limited to Report Second Half, 2020 Results on Jun 30, 2020 Parin Furniture Limited announced that they will report second half, 2020 results on Jun 30, 2020