New Risk • Jun 17
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 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Market cap is less than US$10m (₹179.3m market cap, or US$1.90m). Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin). Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to ₹15.09, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total loss to shareholders of 49% over the past three years. Reported Earnings • May 22
Full year 2026 earnings released: EPS: ₹1.57 (vs ₹1.53 in FY 2025) Full year 2026 results: EPS: ₹1.57 (up from ₹1.53 in FY 2025). Revenue: ₹759.4m (up 51% from FY 2025). Net income: ₹16.0m (up 2.8% from FY 2025). Profit margin: 2.1% (down from 3.1% 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 14% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 13
Third quarter 2026 earnings released: EPS: ₹0.37 (vs ₹0.35 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.37 (up from ₹0.35 in 3Q 2025). Revenue: ₹249.3m (up 64% from 3Q 2025). Net income: ₹3.74m (up 4.4% from 3Q 2025). Profit margin: 1.5% (down from 2.4% 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 21% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Dec 08
Now 23% undervalued Over the last 90 days, the stock has risen 3.3% to ₹30.42. The fair value is estimated to be ₹39.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 20%. Buy Or Sell Opportunity • Nov 23
Now 22% undervalued Over the last 90 days, the stock has risen 9.1% to ₹31.74. The fair value is estimated to be ₹40.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 20%. Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹0.81 (vs ₹0.35 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.81 (up from ₹0.35 in 2Q 2025). Revenue: ₹168.8m (up 20% from 2Q 2025). Net income: ₹8.20m (up 128% from 2Q 2025). Profit margin: 4.9% (up from 2.5% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Declared Dividend • Sep 04
Dividend of ₹1.00 announced Dividend of ₹1.00 is the same as last year. Ex-date: 19th September 2025 Payment date: 24th October 2025 Dividend yield will be 3.4%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but not covered by cash flows (212% cash payout ratio). The dividend has not increased over the past 2 years but payments have been stable during that time. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹0.47 (vs ₹0.28 in 1Q 2025) First quarter 2026 results: EPS: ₹0.47 (up from ₹0.28 in 1Q 2025). Revenue: ₹109.6m (up 75% from 1Q 2025). Net income: ₹4.74m (up 66% from 1Q 2025). Profit margin: 4.3% (down from 4.6% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Aug 09
Poojawestern Metaliks Limited to Report Q1, 2026 Results on Aug 12, 2025 Poojawestern Metaliks Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • May 29
Full year 2025 earnings released: EPS: ₹1.53 (vs ₹1.72 in FY 2024) Full year 2025 results: EPS: ₹1.53 (down from ₹1.72 in FY 2024). Revenue: ₹514.5m (down 16% from FY 2024). Net income: ₹15.5m (down 11% from FY 2024). Profit margin: 3.0% (up from 2.8% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • May 22
Poojawestern Metaliks Limited to Report Q4, 2025 Results on May 27, 2025 Poojawestern Metaliks Limited announced that they will report Q4, 2025 results on May 27, 2025 New Risk • May 19
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 8.5% 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 (1.6x net interest cover). Market cap is less than US$10m (₹321.2m market cap, or US$3.76m). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.5% average weekly change). Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹31.67, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 22x in the Metals and Mining industry in India. Total loss to shareholders of 19% over the past three years. Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹0.35 (vs ₹0.47 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.35 (down from ₹0.47 in 3Q 2024). Revenue: ₹154.6m (flat on 3Q 2024). Net income: ₹3.58m (down 24% from 3Q 2024). Profit margin: 2.3% (down from 3.0% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Feb 10
Poojawestern Metaliks Limited to Report Q3, 2025 Results on Feb 13, 2025 Poojawestern Metaliks Limited announced that they will report Q3, 2025 results on Feb 13, 2025 Announcement • Dec 09
Poojawestern Metaliks Limited has filed a Follow-on Equity Offering. Poojawestern Metaliks Limited has filed a Follow-on Equity Offering.
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 8,000,000
Transaction Features: Regulation S; Rights Offering Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₹41.35, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 25x in the Metals and Mining industry in India. Total returns to shareholders of 48% over the past three years. Reported Earnings • Oct 20
Second quarter 2025 earnings released: EPS: ₹0.35 (vs ₹0.38 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.35 (down from ₹0.38 in 2Q 2024). Revenue: ₹144.1m (down 1.0% from 2Q 2024). Net income: ₹3.59m (down 6.6% from 2Q 2024). Profit margin: 2.5% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Oct 14
Poojawestern Metaliks Limited to Report Q2, 2025 Results on Oct 19, 2024 Poojawestern Metaliks Limited announced that they will report Q2, 2025 results on Oct 19, 2024 Board Change • Sep 10
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. 7 experienced directors. No highly experienced directors. Non-Executive Independent Director Bimal Udani was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Sep 04
Dividend of ₹1.00 announced Dividend of ₹1.00 is the same as last year. Ex-date: 13th September 2024 Payment date: 27th October 2024 Dividend yield will be 2.5%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (58% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Sep 03
Poojawestern Metaliks Limited, Annual General Meeting, Sep 28, 2024 Poojawestern Metaliks Limited, Annual General Meeting, Sep 28, 2024, at 12:30 Indian Standard Time. Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: ₹0.28 (vs ₹0.47 in 1Q 2024) First quarter 2025 results: EPS: ₹0.28 (down from ₹0.47 in 1Q 2024). Revenue: ₹65.4m (down 57% from 1Q 2024). Net income: ₹2.86m (down 40% from 1Q 2024). Profit margin: 4.4% (up from 3.2% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Aug 09
Poojawestern Metaliks Limited to Report Q1, 2025 Results on Aug 13, 2024 Poojawestern Metaliks Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Reported Earnings • May 24
Full year 2024 earnings released: EPS: ₹1.72 (vs ₹1.05 in FY 2023) Full year 2024 results: EPS: ₹1.72 (up from ₹1.05 in FY 2023). Revenue: ₹620.7m (up 99% from FY 2023). Net income: ₹17.5m (up 64% from FY 2023). Profit margin: 2.8% (down from 3.4% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • May 24
Poojawestern Metaliks Limited Recommends Final Dividend for the Financial Year Ended on March 31, 2024 Poojawestern Metaliks Limited announced that at the board meeting held on May 23, 2024 recommend a final dividend of INR 1 per equity share, face value of INR 10 per equity share (i.e. 10% of face value) for the financial year ended on March 31, 2024, subject to the approval of the members at the upcoming Annual General Meeting. Final Dividend if approved by the members, will be paid/dispatched after the Annual General meeting. Announcement • May 11
Poojawestern Metaliks Limited to Report Q4, 2024 Results on May 16, 2024 Poojawestern Metaliks Limited announced that they will report Q4, 2024 results on May 16, 2024 New Risk • Apr 24
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 10% 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 (2.5x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Paying a dividend despite having no free cash flows. Market cap is less than US$10m (₹565.9m market cap, or US$6.79m). Minor Risk Profit margins are more than 30% lower than last year (2.9% net profit margin). Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹48.35, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 102% over the past three years. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹46.71, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 96% over the past three years. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹39.03, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 65% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹39.00, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 58% over the past three years. New Risk • Jan 29
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 7.5% 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 (2.5x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Paying a dividend despite having no free cash flows. Market cap is less than US$10m (₹395.9m market cap, or US$4.76m). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (2.9% net profit margin). Reported Earnings • Jan 26
Third quarter 2024 earnings released: EPS: ₹0.47 (vs ₹0.23 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.47 (up from ₹0.23 in 3Q 2023). Revenue: ₹156.1m (up 268% from 3Q 2023). Net income: ₹4.73m (up 106% from 3Q 2023). Profit margin: 3.0% (down from 5.4% 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 61% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Jan 20
Poojawestern Metaliks Limited to Report Q3, 2024 Results on Jan 25, 2024 Poojawestern Metaliks Limited announced that they will report Q3, 2024 results on Jan 25, 2024 New Risk • Nov 25
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 (2.3x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Paying a dividend despite having no free cash flows. Market cap is less than US$10m (₹324.2m market cap, or US$3.89m). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (3.0% net profit margin). Reported Earnings • Oct 28
Second quarter 2024 earnings released: EPS: ₹0.38 (vs ₹0.23 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.38 (up from ₹0.23 in 2Q 2023). Revenue: ₹147.0m (up 186% from 2Q 2023). Net income: ₹3.84m (up 67% from 2Q 2023). Profit margin: 2.6% (down from 4.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Announcement • Oct 21
Poojawestern Metaliks Limited to Report Q2, 2024 Results on Oct 26, 2023 Poojawestern Metaliks Limited announced that they will report Q2, 2024 results on Oct 26, 2023 Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹30.64, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 19x in the Metals and Mining industry in India. Total returns to shareholders of 194% over the past three years. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹37.52, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 19x in the Metals and Mining industry in India. Total returns to shareholders of 117% over the past three years. Announcement • Sep 05
Poojawestern Metaliks Limited Proposes Final Dividend for Financial Year 2022-23, Payable on or before October 29, 2023 Poojawestern Metaliks Limited proposes Final Dividend of INR 1 per Equity Share of face value of INR 10 each for financial year 2022-23. The dividend, if declared at the 7th Annual General Meeting of the Company to be held on September 30, 2023, will be paid on or before October 29, 2023 to the Shareholders holding shares as on close of business hours of September 22, 2023. Announcement • Sep 03
Poojawestern Metaliks Limited, Annual General Meeting, Sep 30, 2023 Poojawestern Metaliks Limited, Annual General Meeting, Sep 30, 2023, at 12:00 Indian Standard Time. Reported Earnings • Aug 11
First quarter 2024 earnings released: EPS: ₹0.47 (vs ₹0.22 in 1Q 2023) First quarter 2024 results: EPS: ₹0.47 (up from ₹0.22 in 1Q 2023). Revenue: ₹152.0m (up 117% from 1Q 2023). Net income: ₹4.79m (up 112% from 1Q 2023). Profit margin: 3.2% (in line with 1Q 2023). Announcement • Aug 04
Poojawestern Metaliks Limited to Report Q1, 2024 Results on Aug 10, 2023 Poojawestern Metaliks Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 20
Full year 2023 earnings released: EPS: ₹1.05 (vs ₹0.76 in FY 2022) Full year 2023 results: EPS: ₹1.05 (up from ₹0.76 in FY 2022). Revenue: ₹317.7m (up 52% from FY 2022). Net income: ₹10.6m (up 38% from FY 2022). Profit margin: 3.3% (down from 3.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • May 19
Poojawestern Metaliks Limited Recommends Final Dividend for the Financial Year Ended on March 31, 2023 Poojawestern Metaliks Limited Recommend a Final Dividend of INR 1 (Rupees One Only) per Equity shares, face value of INR 10 per equity shares (i.e. 10% of face value) for the financial year ended on March 31, 2023, subject to the approval of the members at the upcoming Annual General Meeting. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹34.44, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 42% over the past three years. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹0.23 (vs ₹0.35 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.23 (down from ₹0.35 in 3Q 2022). Revenue: ₹42.5m (down 33% from 3Q 2022). Net income: ₹2.30m (down 36% from 3Q 2022). Profit margin: 5.4% (down from 5.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year. Announcement • Jan 31
Poojawestern Metaliks Limited to Report Q3, 2023 Results on Feb 09, 2023 Poojawestern Metaliks Limited announced that they will report Q3, 2023 results on Feb 09, 2023 Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 19% share price gain to ₹51.50, the stock trades at a trailing P/E ratio of 51.7x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 124% over the past three years. Reported Earnings • Nov 11
Second quarter 2023 earnings released Second quarter 2023 results: EPS: ₹0.23. Net income: ₹2.30m (up ₹2.30m from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Announcement • Nov 03
Poojawestern Metaliks Limited to Report Q2, 2023 Results on Nov 09, 2022 Poojawestern Metaliks Limited announced that they will report Q2, 2023 results on Nov 09, 2022 Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improved over the past week After last week's 15% share price gain to ₹26.60, the stock trades at a trailing P/E ratio of 78.1x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 11% over the past three years. Announcement • Sep 08
Poojawestern Metaliks Limited, Annual General Meeting, Sep 29, 2022 Poojawestern Metaliks Limited, Annual General Meeting, Sep 29, 2022, at 12:00 Indian Standard Time. Agenda: To consider the Audited Financial Statement of the Company for the Financial Year ended on 31 st March, 2022 and the report of the Board of Directors and Auditors thereon; To consider Audited Consolidated Financial Statement of the Company for the Financial Year ended on 31st March, 2022 and the report of Auditors thereon; and To consider other matters. Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: ₹0.22 (vs ₹0.10 in 1Q 2022) First quarter 2023 results: EPS: ₹0.22 (up from ₹0.10 in 1Q 2022). Revenue: ₹72.6m (up 36% from 1Q 2022). Net income: ₹2.26m (up 108% from 1Q 2022). Profit margin: 3.1% (up from 2.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • May 24
Poojawestern Metaliks Limited to Report Q4, 2022 Results on May 30, 2022 Poojawestern Metaliks Limited announced that they will report Q4, 2022 results on May 30, 2022 Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹47.80, the stock trades at a trailing P/E ratio of 77.4x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 62% over the past three years. Reported Earnings • Feb 09
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.35 (up from ₹0.007 in 3Q 2021). Revenue: ₹63.5m (up 38% from 3Q 2021). Net income: ₹3.59m (up ₹3.53m from 3Q 2021). Profit margin: 5.7% (up from 0.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Announcement • Feb 02
Poojawestern Metaliks Limited to Report Q3, 2022 Results on Feb 07, 2022 Poojawestern Metaliks Limited announced that they will report Q3, 2022 results on Feb 07, 2022 Board Change • Sep 16
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. Independent Director Amit Karia was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Executive Departure • Aug 24
Non Executive Director Priti Panchmatiya has left the company On the 16th of August, Priti Panchmatiya's tenure as Non Executive Director ended after 4.2 years in the role. As of June 2021, Priti still personally held 2.29m shares (₹54m worth at the time). Priti is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.25 years. Reported Earnings • Jun 27
Full year 2021 earnings released: EPS ₹0.24 (vs ₹0.76 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹151.5m (down 35% from FY 2020). Net income: ₹2.44m (down 68% from FY 2020). Profit margin: 1.6% (down from 3.3% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 28
New 90-day high: ₹28.50 The company is up 107% from its price of ₹13.80 on 29 September 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 34% over the same period. Is New 90 Day High Low • Dec 14
New 90-day high: ₹23.50 The company is up 37% from its price of ₹17.20 on 15 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 25% over the same period. Announcement • Nov 04
Poojawestern Metaliks Limited to Report First Half, 2021 Results on Nov 12, 2020 Poojawestern Metaliks Limited announced that they will report first half, 2021 results on Nov 12, 2020 Valuation Update With 7 Day Price Move • Oct 26
Market bids up stock over the past week After last week's 18% share price gain to ₹13.00, the stock is trading at a trailing P/E ratio of 17.2x, up from the previous P/E ratio of 14.6x. This compares to an average P/E of 13x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 50%. Announcement • Jun 28
Poojawestern Metaliks Limited to Report Q4, 2020 Results on Jun 30, 2020 Poojawestern Metaliks Limited announced that they will report Q4, 2020 results on Jun 30, 2020 