Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹12.70, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 24x in the Consumer Services industry in India. Total loss to shareholders of 30% over the past three years. Board Change • May 25
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. No experienced directors. 5 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Gaurav Agarwal was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • May 15
Sanghvi Brands Limited to Report Second Half, 2026 Results on May 21, 2026 Sanghvi Brands Limited announced that they will report second half, 2026 results on May 21, 2026 Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹10.80, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 20x in the Consumer Services industry in India. Total loss to shareholders of 57% over the past three years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 42% After last week's 42% share price gain to ₹12.95, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 22x in the Consumer Services industry in India. Total loss to shareholders of 52% over the past three years. Board Change • Feb 25
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. No experienced directors. 5 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Gaurav Agarwal was the last independent director to join the board, commencing their role in 2017. 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 29
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₹10.16, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 29x in the Consumer Services industry in India. Total loss to shareholders of 65% over the past three years. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹12.75, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 32x in the Consumer Services industry in India. Total loss to shareholders of 64% over the past three years. Reported Earnings • Nov 16
First half 2026 earnings released: EPS: ₹0.45 (vs ₹0.13 in 1H 2025) First half 2026 results: EPS: ₹0.45 (up from ₹0.13 in 1H 2025). Revenue: ₹60.8m (up 13% from 1H 2025). Net income: ₹4.70m (up 251% from 1H 2025). Profit margin: 7.7% (up from 2.5% in 1H 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Nov 08
Sanghvi Brands Limited to Report Q2, 2026 Results on Nov 11, 2025 Sanghvi Brands Limited announced that they will report Q2, 2026 results on Nov 11, 2025 Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹14.00, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 33x in the Consumer Services industry in India. Total loss to shareholders of 46% over the past three years. Board Change • Oct 15
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. No experienced directors. 6 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Gaurav Agarwal was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 04
Full year 2025 earnings released: EPS: ₹0.97 (vs ₹0.48 in FY 2024) Full year 2025 results: EPS: ₹0.97 (up from ₹0.48 in FY 2024). Revenue: ₹122.0m (up 34% from FY 2024). Net income: ₹10.1m (up 101% from FY 2024). Profit margin: 8.3% (up from 5.5% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 139% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Aug 28
Sanghvi Brands Limited, Annual General Meeting, Sep 23, 2025 Sanghvi Brands Limited, Annual General Meeting, Sep 23, 2025, at 14:30 Indian Standard Time. Announcement • Aug 12
Sanghvi Brands Limited Appoints ACS Aman Sharma as the Company Secretary and Compliance Officer, Effective August 11, 2025 Sanghvi Brands Limited, at the board meeting held on August 12, 2025 approved the appointment of Mrs. ACS Aman Sharma as the Company Secretary and Compliance Officer of the Company, with effect from August 11, 2025, based on the recommendation of the Nomination and Remuneration Committee and Audit Committee. Brief Profile: Mrs. Aman Sharma is a qualified Company Secretary with over 13 years of experience in secretarial, compliance, and legal matters. She has served as the Company Secretary of Bijoy Mining Co. Ltd. and worked with Bengal Rubber Ltd., along with gaining foundational training under a senior Fellow Company Secretary. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹15.61, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 38x in the Consumer Services industry in India. Total returns to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹13.04, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 37x in the Consumer Services industry in India. Total loss to shareholders of 15% over the past three years. New Risk • May 28
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 70% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (70% accrual ratio). Market cap is less than US$10m (₹114.9m market cap, or US$1.34m). Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Revenue is less than US$5m (₹128m revenue, or US$1.5m). Board Change • May 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. 2 experienced directors. 4 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Gaurav Agarwal was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • May 21
Sanghvi Brands Limited to Report Q4, 2025 Results on May 27, 2025 Sanghvi Brands Limited announced that they will report Q4, 2025 results on May 27, 2025 Announcement • Nov 09
Sanghvi Brands Limited to Report First Half, 2025 Results on Nov 13, 2024 Sanghvi Brands Limited announced that they will report first half, 2025 results on Nov 13, 2024 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹15.36, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 43x in the Consumer Services industry in India. Total loss to shareholders of 8.0% over the past three years. Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹17.00, the stock trades at a trailing P/E ratio of 35.2x. Average trailing P/E is 43x in the Consumer Services industry in India. Total returns to shareholders of 24% over the past three years. Announcement • Sep 11
Sanghvi Brands Limited, Annual General Meeting, Sep 30, 2024 Sanghvi Brands Limited, Annual General Meeting, Sep 30, 2024, at 14:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹22.00, the stock trades at a trailing P/E ratio of 45.5x. Average trailing P/E is 41x in the Consumer Services industry in India. Total returns to shareholders of 226% over the past three years. Reported Earnings • May 29
Full year 2024 earnings released: EPS: ₹0.48 (vs ₹0.21 loss in FY 2023) Full year 2024 results: EPS: ₹0.48 (up from ₹0.21 loss in FY 2023). Revenue: ₹99.7m (up 20% from FY 2023). Net income: ₹5.03m (up ₹7.25m from FY 2023). Profit margin: 5.0% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 62% per year, which means it is significantly lagging earnings growth. New Risk • May 26
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 Share price has been highly volatile over the past 3 months (10% average weekly change). Market cap is less than US$10m (₹247.8m market cap, or US$2.98m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (₹86m revenue, or US$1.0m). Announcement • May 23
Sanghvi Brands Limited to Report Q4, 2024 Results on May 27, 2024 Sanghvi Brands Limited announced that they will report Q4, 2024 results on May 27, 2024 Buy Or Sell Opportunity • Apr 30
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 6.5% to ₹23.43. The fair value is estimated to be ₹19.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 97%. Buy Or Sell Opportunity • Feb 26
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to ₹24.20. The fair value is estimated to be ₹18.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 97%. Buy Or Sell Opportunity • Feb 05
Now 23% overvalued Over the last 90 days, the stock has fallen 22% to ₹20.98. The fair value is estimated to be ₹17.10, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 97%. Reported Earnings • Nov 13
First half 2024 earnings released: EPS: ₹0.52 (vs ₹0.32 in 1H 2023) First half 2024 results: EPS: ₹0.52 (up from ₹0.32 in 1H 2023). Revenue: ₹43.1m (up 6.1% from 1H 2023). Net income: ₹5.37m (up 61% from 1H 2023). Profit margin: 13% (up from 8.2% in 1H 2023). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 67% per year, which means it is significantly lagging earnings growth. Announcement • Nov 04
Sanghvi Brands Limited to Report Q2, 2024 Results on Nov 07, 2023 Sanghvi Brands Limited announced that they will report Q2, 2024 results on Nov 07, 2023 Buying Opportunity • Sep 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be ₹21.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 46% over the last 3 years. Earnings per share has grown by 75%. Announcement • Sep 10
Sanghvi Brands Limited, Annual General Meeting, Sep 30, 2023 Sanghvi Brands Limited, Annual General Meeting, Sep 30, 2023, at 12:00 Indian Standard Time. Agenda: To consider adoption of the Annual Audited Standalone and Consolidated Financial Statements and Reports thereon; and to consider re-Appointment of a Director. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to ₹19.05, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 33x in the Consumer Services industry in India. Total returns to shareholders of 276% over the past three years. Reported Earnings • May 28
Full year 2023 earnings released: EPS: ₹1.28 (vs ₹2.69 loss in FY 2022) Full year 2023 results: EPS: ₹1.28 (up from ₹2.69 loss in FY 2022). Revenue: ₹169.8m (up 112% from FY 2022). Net income: ₹13.3m (up ₹41.4m from FY 2022). Profit margin: 7.9% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 23
Sanghvi Brands Limited to Report Second Half, 2023 Results on May 26, 2023 Sanghvi Brands Limited announced that they will report second half, 2023 results on May 26, 2023 Board Change • Nov 16
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. 2 experienced directors. 4 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Gaurav Agarwal was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 03
Sanghvi Brands Limited to Report Q2, 2023 Results on Nov 08, 2022 Sanghvi Brands Limited announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Sep 15
Full year 2022 earnings released: ₹2.69 loss per share (vs ₹5.52 loss in FY 2021) Full year 2022 results: ₹2.69 loss per share (improved from ₹5.52 loss in FY 2021). Revenue: ₹80.0m (up 124% from FY 2021). Net loss: ₹28.0m (loss narrowed 51% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Sep 10
Sanghvi Brands Limited, Annual General Meeting, Sep 30, 2022 Sanghvi Brands Limited, Annual General Meeting, Sep 30, 2022, at 15:30 Indian Standard Time. Agenda: To receive, consider and adopt the Standalone Audited Financial Statements of the Company for the financial year ended 31 March 2022 including audited Balance Sheet as on March 31, 2022, the statement of Profit & Loss and the Cash flow for the year ended as on that date together with report of Director's and Auditor's thereon and the Consolidated Audited Financial Statements of the Company for the financial year ended 31 March 2022 including Consolidated audited Balance Sheet as on March 31, 2022, the Statement of Profit & Loss and the Cash flow for the year ended as on that date together with report of Auditor's thereon; to consider and if thought fit appoint Mr. Narendra Sanghvi Director of the Company, who retires by rotation to enable compliance with the provision of Section 152 of the companies Act 2013 and being eligible offered himself for re-appointment. Board Change • Jul 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. 2 experienced directors. 4 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Gaurav Agarwal was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • May 30
Full year 2022 earnings released Full year 2022 results: Revenue: ₹82.2m (up 133% from FY 2021). Net loss: ₹28.0m (loss narrowed 51% from FY 2021). 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. 2 experienced directors. 4 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Gaurav Agarwal was the last independent director to join the board, commencing their role in 2017. 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 09
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. 2 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Gaurav Agarwal was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Jun 16
Full year 2021 earnings released The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: ₹37.4m (down 88% from FY 2020). Net loss: ₹57.5m (loss narrowed 37% from FY 2020). Announcement • Mar 07
Sanghvi Brands Limited Announces Resignation of Rajesh Bail as Chief Executive Officer Sanghvi Brands Limited announced that the Board of Directors of the company at their meeting held on 5th March 2021, wherein the board has, considered and noted the resignation of Dr. Rajesh Bail from the post of Chief Executive Officer of the company with effect from the closing hours of 28th February 2021 and reviewed the overall business and operations of the company. Executive Departure • Mar 02
Chief Executive Officer Rajesh Srinivas Bail has left the company On the 28th of February, Rajesh Srinivas Bail's tenure as Chief Executive Officer of the company ended after 1.4 years in the role. We don't have any record of a personal shareholding under Rajesh's name. A total of 2 executives have left over the last 12 months. Under Rajesh's leadership, the company delivered a total shareholder return of -30%. Announcement • Jan 08
Sanghvi Brands Limited Announces Resignation of Dr. Rajesh Srinivas Bail as Chief Executive Officer, Effective February 28, 2021 Sanghvi Brands Limited informed that Dr. Rajesh Srinivas Bail, Chief Executive Officer (CEO) of the Company has given a notice of resignation from the services of the Company on account of personal reason, which has been accepted by the Company. Dr. Rajesh Srinivas Bail, will continue to serve in his current position as CEO and Key Managerial Personnel of the Company until February 28, 2021 (closing hours), being the applicable notice period in accordance with Company policies and shall be relieved with effect from such date. The Company is in the process of appointing a new CEO and the same will be communicated to the stock exchanges in due course. The Company places on record the valuable contribution of Dr. Rajesh Srinivas Bail during his tenure as CEO. Is New 90 Day High Low • Dec 21
New 90-day high: ₹7.54 The company is up 111% from its price of ₹3.58 on 22 September 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is up 12% over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: ₹5.09 The company is up 39% from its price of ₹3.65 on 02 September 2020. The Indian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is down 2.0% over the same period. 
