Announcement • Aug 05
United Polyfab Gujarat Limited to Report Q1, 2027 Results on Aug 10, 2026 United Polyfab Gujarat Limited announced that they will report Q1, 2027 results on Aug 10, 2026 Reported Earnings • May 21
Full year 2026 earnings released: EPS: ₹1.07 (vs ₹0.77 in FY 2025) Full year 2026 results: EPS: ₹1.07 (up from ₹0.77 in FY 2025). Revenue: ₹6.83b (up 13% from FY 2025). Net income: ₹242.9m (up 37% from FY 2025). Profit margin: 3.6% (up from 2.9% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 08
United Polyfab Gujarat Limited to Report Q4, 2026 Results on May 13, 2026 United Polyfab Gujarat Limited announced that they will report Q4, 2026 results on May 13, 2026 New Risk • May 04
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 8.7% 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 Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (₹7.49b market cap, or US$78.8m). Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹23.30, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 211% over the past three years. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹27.53, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 199% over the past three years. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹22.82, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 141% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.21 (vs ₹0.22 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.21 (down from ₹0.22 in 3Q 2025). Revenue: ₹1.75b (up 15% from 3Q 2025). Net income: ₹48.8m (down 3.4% from 3Q 2025). Profit margin: 2.8% (down from 3.3% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 40% per year. New Risk • Jan 16
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 8.4% 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 Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risk Market cap is less than US$100m (₹6.47b market cap, or US$71.3m). Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹29.27, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 130% over the past three years. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₹30.02, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 115% over the past three years. New Risk • Nov 21
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.55b (US$95.5m) This is considered a minor 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 Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (₹8.55b market cap, or US$95.5m). Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹44.20, the stock trades at a trailing P/E ratio of 51.1x. Average trailing P/E is 24x in the Luxury industry in India. Total returns to shareholders of 1,053% over the past three years. Announcement • Sep 08
United Polyfab Gujarat Limited, Annual General Meeting, Sep 30, 2025 United Polyfab Gujarat Limited, Annual General Meeting, Sep 30, 2025, at 16:30 Indian Standard Time. Board Change • Sep 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. 3 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Safalkumar Patel was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹23.95, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 27x in the Luxury industry in India. Total returns to shareholders of 525% over the past three years. New Risk • Jul 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 7.3% 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 Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (₹4.86b market cap, or US$56.6m). Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹18.64, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 27x in the Luxury industry in India. Total returns to shareholders of 395% over the past three years. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹186, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 250% over the past three years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹121, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 113% over the past three years. Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: ₹2.20 (vs ₹0.85 in 3Q 2024) Third quarter 2025 results: EPS: ₹2.20 (up from ₹0.85 in 3Q 2024). Revenue: ₹1.52b (down 37% from 3Q 2024). Net income: ₹50.5m (up 181% from 3Q 2024). Profit margin: 3.3% (up from 0.7% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Dec 03
Chairman of the Board & MD recently bought ₹19m worth of stock On the 27th of November, Gagan Mittal bought around 136k shares on-market at roughly ₹140 per share. This transaction amounted to 1.7% 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 Gagan's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹151, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 681% over the past three years. New Risk • Nov 20
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 9.2% 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 (2.8x net interest cover). Share price has been highly volatile over the past 3 months (9.2% average weekly change). Minor Risks Shareholders have been diluted in the past year (9.5% increase in shares outstanding). Market cap is less than US$100m (₹3.01b market cap, or US$35.7m). Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹2.16 (vs ₹0.78 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.16 (up from ₹0.78 in 2Q 2024). Revenue: ₹1.59b (down 34% from 2Q 2024). Net income: ₹49.6m (up 202% from 2Q 2024). Profit margin: 3.1% (up from 0.7% in 2Q 2024). The increase in margin was driven by lower expenses. 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 94% per year, which means it is well ahead of earnings. New Risk • Sep 23
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 8.0% 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 Share price has been volatile over the past 3 months (8.0% average weekly change). Shareholders have been diluted in the past year (9.5% increase in shares outstanding). Market cap is less than US$100m (₹2.91b market cap, or US$34.9m). Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹103, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 31x in the Luxury industry in India. Total returns to shareholders of 549% over the past three years. New Risk • Sep 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.5% 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: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Shareholders have been diluted in the past year (9.5% increase in shares outstanding). Market cap is less than US$100m (₹1.95b market cap, or US$23.2m). Announcement • Sep 05
United Polyfab Gujarat Limited, Annual General Meeting, Sep 27, 2024 United Polyfab Gujarat Limited, Annual General Meeting, Sep 27, 2024, at 16:30 Indian Standard Time. Reported Earnings • Aug 16
First quarter 2025 earnings released: EPS: ₹1.64 (vs ₹1.57 in 1Q 2024) First quarter 2025 results: EPS: ₹1.64 (up from ₹1.57 in 1Q 2024). Revenue: ₹1.38b (down 35% from 1Q 2024). Net income: ₹37.7m (up 14% from 1Q 2024). Profit margin: 2.7% (up from 1.6% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 103% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹116, the stock trades at a trailing P/E ratio of 31.4x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 540% over the past three years. Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: ₹0.85 (vs ₹0.90 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.85 (down from ₹0.90 in 3Q 2023). Revenue: ₹2.42b (up 56% from 3Q 2023). Net income: ₹18.0m (down 4.1% from 3Q 2023). Profit margin: 0.7% (down from 1.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: ₹0.78 (vs ₹0.38 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.78 (up from ₹0.38 in 2Q 2023). Revenue: ₹2.41b (up 63% from 2Q 2023). Net income: ₹16.4m (up 104% from 2Q 2023). Profit margin: 0.7% (up from 0.5% in 2Q 2023). The increase in margin was driven by higher 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 172% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 15
First quarter 2024 earnings released: EPS: ₹1.57 (vs ₹1.22 in 1Q 2023) First quarter 2024 results: EPS: ₹1.57 (up from ₹1.22 in 1Q 2023). Revenue: ₹2.12b (up 25% from 1Q 2023). Net income: ₹32.9m (up 29% from 1Q 2023). Profit margin: 1.6% (up from 1.5% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has increased by 210% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹101, the stock trades at a trailing P/E ratio of 38.4x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 3,008% over the past three years. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹119, the stock trades at a trailing P/E ratio of 45.4x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 296% over the past year. Reported Earnings • May 16
Full year 2023 earnings released: EPS: ₹2.56 (vs ₹4.57 in FY 2022) Full year 2023 results: EPS: ₹2.56 (down from ₹4.57 in FY 2022). Revenue: ₹6.54b (down 1.1% from FY 2022). Net income: ₹54.8m (down 42% from FY 2022). Profit margin: 0.8% (down from 1.4% in FY 2022). Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to ₹104, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 4,596% over the past three years. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹74.20, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 3,247% over the past three years. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹0.90 (vs ₹0.53 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.90 (up from ₹0.53 in 3Q 2022). Revenue: ₹1.55b (down 16% from 3Q 2022). Net income: ₹18.8m (up 69% from 3Q 2022). Profit margin: 1.2% (up from 0.6% in 3Q 2022). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹114, the stock trades at a trailing P/E ratio of 42.9x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 4,305% over the past three years. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improved over the past week After last week's 16% share price gain to ₹81.95, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 3,222% over the past three years. Reported Earnings • Nov 19
Second quarter 2023 earnings released Second quarter 2023 results: EPS: ₹0.38. Net income: ₹8.06m (up ₹8.06m from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has increased by 202% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improved over the past week After last week's 18% share price gain to ₹71.15, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 2,784% over the past three years. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹63.65, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 2,480% over the past three years. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improved over the past week After last week's 25% share price gain to ₹49.20, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 1,549% over the past three years. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 15% share price gain to ₹42.00, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 858% over the past three years. Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: ₹1.22 (vs ₹1.48 in 1Q 2022) First quarter 2023 results: EPS: ₹1.22 (down from ₹1.48 in 1Q 2022). Revenue: ₹1.70b (up 12% from 1Q 2022). Net income: ₹25.6m (down 17% from 1Q 2022). Profit margin: 1.5% (down from 2.0% 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 66% per year but the company’s share price has increased by 104% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹44.25, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 730% over the past three years. Recent Insider Transactions • Jul 02
Chairman of the Board & MD recently bought ₹13m worth of stock On the 29th of June, Gagan Nirmal Mittal bought around 250k shares on-market at roughly ₹51.34 per share. This was the largest purchase by an insider in the last 3 months. Gagan Nirmal has been a buyer over the last 12 months, purchasing a net total of ₹26m worth in shares. Recent Insider Transactions • Jun 23
Chairman of the Board & MD recently bought ₹5.6m worth of stock On the 20th of June, Gagan Nirmal Mittal bought around 133k shares on-market at roughly ₹42.13 per share. This was the largest purchase by an insider in the last 3 months. Gagan Nirmal has been a buyer over the last 12 months, purchasing a net total of ₹13m worth in shares. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improved over the past week After last week's 25% share price gain to ₹34.20, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 541% over the past three years. Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹4.49 (vs ₹0.26 in FY 2021) Full year 2022 results: EPS: ₹4.49 (up from ₹0.26 in FY 2021). Revenue: ₹6.61b (up 215% from FY 2021). Net income: ₹94.0m (up ₹88.6m from FY 2021). Profit margin: 1.4% (up from 0.3% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • May 26
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹33.90, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 12x in the Luxury industry in India. Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹45.15, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 260% over the past year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Non-Executive Independent Director Sumit Saraf was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹55.60, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 994% over the past three years. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.53 (down from ₹0.71 in 3Q 2021). Revenue: ₹1.87b (up 151% from 3Q 2021). Net income: ₹11.1m (down 25% from 3Q 2021). Profit margin: 0.6% (down from 2.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 15
United Polyfab Gujarat Limited to Report Q2, 2022 Results on Feb 14, 2022 United Polyfab Gujarat Limited announced that they will report Q2, 2022 results on Feb 14, 2022 Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹36.90, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 390% over the past three years. Board Change • Jan 03
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Non-Executive Independent Director Sumit Saraf was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹15.80, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 178% over the past year. Board Change • Nov 16
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. 3 experienced directors. 1 highly experienced director. Non-Executive Independent Director Sumit Saraf was the last 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: Insufficient board refreshment. Board Change • Sep 30
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. 3 experienced directors. 1 highly experienced director. Non-Executive Independent Director Sumit Saraf was the last 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: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 21% share price gain to ₹15.80, the stock trades at a trailing P/E ratio of 60.8x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 9.0% over the past three years. Reported Earnings • Sep 08
Full year 2021 earnings released: EPS ₹0.26 (vs ₹1.65 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹2.10b (down 20% from FY 2020). Net income: ₹5.43m (down 84% from FY 2020). Profit margin: 0.3% (down from 1.3% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Board Change • Sep 02
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. 3 experienced directors. 1 highly experienced director. Non-Executive Independent Director Sumit Saraf was the last 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: Insufficient board refreshment. Recent Insider Transactions • Jul 09
Chairman of the Board & MD recently bought ₹7.7m worth of stock On the 7th of July, Gagan Nirmal Mittal bought around 900k shares on-market at roughly ₹8.60 per share. This was the largest purchase by an insider in the last 3 months. Gagan Nirmal has been a buyer over the last 12 months, purchasing a net total of ₹8.9m worth in shares. Recent Insider Transactions • Apr 04
Chairman of the Board & MD recently bought ₹1.1m worth of stock On the 26th of March, Gagan Nirmal Mittal bought around 81k shares on-market at roughly ₹13.93 per share. This was the largest purchase by an insider in the last 3 months. This was Gagan Nirmal's only on-market trade for the last 12 months. Is New 90 Day High Low • Feb 19
New 90-day high: ₹51.80 The company is up 950% from its price of ₹4.93 on 12 November 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 14% over the same period. Is New 90 Day High Low • Sep 29
New 90-day high: ₹14.10 The company is up 82% from its price of ₹7.75 on 30 June 2020. The Indian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 13% over the same period.