Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹8.52 (vs ₹5.34 in FY 2025) Full year 2026 results: EPS: ₹8.52 (up from ₹5.34 in FY 2025). Revenue: ₹4.30b (up 3.1% from FY 2025). Net income: ₹458.1m (up 60% from FY 2025). Profit margin: 11% (up from 6.9% in FY 2025). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 102% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 30
Premier Explosives Limited Proposes Dividend for the Financial Year Ended March 31, 2026 Premier Explosives Limited, at the board meeting held on 29 May, 2026 recommended a dividend of INR 0.50/- (Le., 25%) per equity share of INR 2/- each for the financial year ended March 31, 2026, subject To Approve the members at the upcoming 46th Annual General Meeting (AGM) of the Company. The dividend, if approved by Shareholders, will be paid with 30 days of approval/declaration. Announcement • May 21
Premier Explosives Limited to Report Q4, 2026 Results on May 29, 2026 Premier Explosives Limited announced that they will report Q4, 2026 results on May 29, 2026 New Risk • May 20
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. This is currently the only risk that has been identified for the company. New Risk • Apr 01
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 8.3% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹542, the stock trades at a trailing P/E ratio of 67.8x. Average trailing P/E is 22x in the Chemicals industry in India. Total returns to shareholders of 631% over the past three years. Announcement • Feb 26
An undisclosed buyer acquired 41.33% stake in Premier Explosives Limited (BSE:526247) from Amarnath Gupta and Kailash Gupta. An undisclosed buyer acquired 41.33% stake in Premier Explosives Limited (BSE:526247) from Amarnath Gupta and Kailash Gupta on February 18, 2026.
An undisclosed buyer completed the acquisition of 41.33% stake in Premier Explosives Limited (BSE:526247) from Amarnath Gupta and Kailash Gupta on February 18, 2026. Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: ₹1.13 (vs ₹1.71 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.13 (down from ₹1.71 in 3Q 2025). Revenue: ₹818.4m (down 51% from 3Q 2025). Net income: ₹60.8m (down 34% from 3Q 2025). Profit margin: 7.4% (up from 5.6% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 84% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 04
Premier Explosives Limited to Report Q3, 2026 Results on Feb 12, 2026 Premier Explosives Limited announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: ₹3.32 (vs ₹1.57 in 2Q 2025) Second quarter 2026 results: EPS: ₹3.32 (up from ₹1.57 in 2Q 2025). Revenue: ₹986.4m (up 4.3% from 2Q 2025). Net income: ₹178.1m (up 112% from 2Q 2025). Profit margin: 18% (up from 8.9% in 2Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 91% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 04
Premier Explosives Limited to Report Q2, 2026 Results on Nov 13, 2025 Premier Explosives Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 13, 2025 Upcoming Dividend • Sep 16
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 23 September 2025. Payment date: 30 October 2025. Payout ratio is a comfortable 9.4% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (0.7%). Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹500, the stock trades at a trailing P/E ratio of 73.2x. Average trailing P/E is 27x in the Chemicals industry in India. Total returns to shareholders of 474% over the past three years. Declared Dividend • Aug 14
Dividend of ₹0.50 announced Dividend of ₹0.50 is the same as last year. Ex-date: 23rd September 2025 Payment date: 30th October 2025 Dividend yield will be 0.09%, which is lower than the industry average of 0.8%. Payout Ratios Payout ratio: 9%. Cash payout ratio: 3%. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹2.85 (vs ₹1.36 in 1Q 2025) First quarter 2026 results: EPS: ₹2.85 (up from ₹1.36 in 1Q 2025). Revenue: ₹1.48b (up 79% from 1Q 2025). Net income: ₹153.5m (up 110% from 1Q 2025). Profit margin: 10% (up from 8.8% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 12
Premier Explosives Limited, Annual General Meeting, Sep 30, 2025 Premier Explosives Limited, Annual General Meeting, Sep 30, 2025, at 11:00 Indian Standard Time. Announcement • Aug 06
Premier Explosives Limited to Report Q1, 2026 Results on Aug 12, 2025 Premier Explosives Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Buy Or Sell Opportunity • Jun 26
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 74% to ₹585. The fair value is estimated to be ₹486, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 59%. Buy Or Sell Opportunity • May 29
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 72% to ₹575. The fair value is estimated to be ₹479, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 59%. Reported Earnings • May 23
Full year 2025 earnings released: EPS: ₹5.34 (vs ₹5.28 in FY 2024) Full year 2025 results: EPS: ₹5.34 (up from ₹5.28 in FY 2024). Revenue: ₹4.20b (up 54% from FY 2024). Net income: ₹287.0m (up 1.2% from FY 2024). Profit margin: 6.8% (down from 10% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 14
Premier Explosives Limited to Report Q4, 2025 Results on May 22, 2025 Premier Explosives Limited announced that they will report Q4, 2025 results on May 22, 2025 New Risk • Apr 29
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 9.9% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹467, the stock trades at a trailing P/E ratio of 79.3x. Average trailing P/E is 25x in the Chemicals industry in India. Total returns to shareholders of 498% over the past three years. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹378, the stock trades at a trailing P/E ratio of 64.1x. Average trailing P/E is 25x in the Chemicals industry in India. Total returns to shareholders of 494% over the past three years. Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: ₹1.71 (vs ₹0.32 in 3Q 2024) Third quarter 2025 results: EPS: ₹1.71 (up from ₹0.32 in 3Q 2024). Revenue: ₹1.66b (up 272% from 3Q 2024). Net income: ₹92.2m (up 440% from 3Q 2024). Profit margin: 5.6% (up from 3.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 94% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 03
Premier Explosives Limited to Report Q3, 2025 Results on Feb 12, 2025 Premier Explosives Limited announced that they will report Q3, 2025 results on Feb 12, 2025 New Risk • Dec 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 7.7% 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 High level of non-cash earnings (21% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Reported Earnings • Nov 12
Second quarter 2025 earnings released: EPS: ₹1.57 (vs ₹2.17 in 2Q 2024) Second quarter 2025 results: EPS: ₹1.57 (down from ₹2.17 in 2Q 2024). Revenue: ₹956.6m (up 22% from 2Q 2024). Net income: ₹84.2m (down 28% from 2Q 2024). Profit margin: 8.8% (down from 15% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has increased by 110% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 02
Premier Explosives Limited to Report Q2, 2025 Results on Nov 11, 2024 Premier Explosives Limited announced that they will report Q2, 2025 results on Nov 11, 2024 Declared Dividend • Sep 06
Dividend of ₹0.50 announced Shareholders will receive a dividend of ₹0.50. Ex-date: 20th September 2024 Payment date: 27th October 2024 Dividend yield will be 0.09%, which is lower than the industry average of 0.8%. Payout Ratios Payout ratio: 9%. Cash payout ratio: 5%. Announcement • Aug 30
Premier Explosives Limited, Annual General Meeting, Sep 27, 2024 Premier Explosives Limited, Annual General Meeting, Sep 27, 2024, at 11:30 Indian Standard Time. Announcement • Aug 14
Premier Explosives Limited Announces Board Changes Premier Explosives Limited announced that Sri P R Tripathi, Sri K. Rama Rao, Sri Anil Kumar Mehta and Dr. A Venkataraman, shall cease to be Independent Directors of the Company upon completion of their second consecutive term of five years on August 12, 2024. Company also announced that Dr. Narendra Kumar Nanda, Dr. Gnana Sekaran Venkatasamy, Mr. Ch. Seshagiri Rao and Dr. (Mrs.) Kumuda Raghavan (DIN: 10698094) will assume office as Independent Directors of the Company with effect from August 13,2024. Reported Earnings • Jul 20
First quarter 2025 earnings released: EPS: ₹1.36 (vs ₹1.54 in 1Q 2024) First quarter 2025 results: EPS: ₹1.36 (down from ₹1.54 in 1Q 2024). Revenue: ₹840.3m (up 36% from 1Q 2024). Net income: ₹73.2m (down 11% from 1Q 2024). Profit margin: 8.7% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has increased by 138% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 10
Premier Explosives Limited to Report Q1, 2025 Results on Jul 18, 2024 Premier Explosives Limited announced that they will report Q1, 2025 results on Jul 18, 2024 Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹26.37 (vs ₹6.42 in FY 2023) Full year 2024 results: EPS: ₹26.37 (up from ₹6.42 in FY 2023). Revenue: ₹2.76b (up 37% from FY 2023). Net income: ₹283.6m (up 311% from FY 2023). Profit margin: 10% (up from 3.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has increased by 154% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 31
Premier Explosives Limited Recommends Dividend for the Financial Year Ended March 31, 2024 Premier Explosives Limited announced that at the board meeting held on 30 May, 2024 recommended a dividend of INR 2.50/- (25%) per equity share of INR 10/- each for the financial year ended March 31, 2024, subject To Approve the members at the upcoming 44th Annual General Meeting (AGM) of the Company. The dividend, if approved by the Shareholders, will be paid with 30 days of approval/declaration. The AGM date and book closure /record date for the purpose of payment of dividend will be informed in due course. Announcement • May 23
Premier Explosives Limited to Report Q4, 2024 Results on May 30, 2024 Premier Explosives Limited announced that they will report Q4, 2024 results on May 30, 2024 New Risk • Apr 15
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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Mar 14
Now 24% overvalued Over the last 90 days, the stock has fallen 13% to ₹1,414. The fair value is estimated to be ₹1,136, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Jan 25
Third quarter 2024 earnings released: EPS: ₹1.58 (vs ₹0.58 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.58 (up from ₹0.58 in 3Q 2023). Revenue: ₹474.4m (up 27% from 3Q 2023). Net income: ₹17.1m (up 172% from 3Q 2023). Profit margin: 3.6% (up from 1.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has increased by 117% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 13
Premier Explosives Limited to Report Q3, 2024 Results on Jan 24, 2024 Premier Explosives Limited announced that they will report Q3, 2024 results on Jan 24, 2024 Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹1,492, the stock trades at a trailing P/E ratio of 69.9x. Average trailing P/E is 28x in the Chemicals industry in India. Total returns to shareholders of 1,018% over the past three years. Recent Insider Transactions • Nov 09
Chief Financial Officer recently sold ₹9.3m worth of stock On the 6th of November, Pakalapati Srihari sold around 8k shares on-market at roughly ₹1,231 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Pakalapati has been a net seller over the last 12 months, reducing personal holdings by ₹6.5m. Reported Earnings • Nov 01
Second quarter 2024 earnings released: EPS: ₹10.83 (vs ₹2.40 in 2Q 2023) Second quarter 2024 results: EPS: ₹10.83 (up from ₹2.40 in 2Q 2023). Revenue: ₹788.3m (up 30% from 2Q 2023). Net income: ₹116.5m (up 351% from 2Q 2023). Profit margin: 15% (up from 4.3% 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 116% per year whereas the company’s share price has increased by 115% per year. Announcement • Oct 20
Premier Explosives Limited to Report Q2, 2024 Results on Oct 30, 2023 Premier Explosives Limited announced that they will report Q2, 2024 results on Oct 30, 2023 Upcoming Dividend • Sep 15
Upcoming dividend of ₹1.70 per share at 0.2% yield Eligible shareholders must have bought the stock before 22 September 2023. Payment date: 29 October 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.8%). Announcement • Sep 02
Premier Explosives Limited, Annual General Meeting, Sep 29, 2023 Premier Explosives Limited, Annual General Meeting, Sep 29, 2023, at 11:30 Indian Standard Time. Agenda: To consider to approve the remuneration payable to Amarnath Gupta, Non-Executive Chairman. Reported Earnings • Jul 20
First quarter 2024 earnings released: EPS: ₹7.68 (vs ₹1.20 in 1Q 2023) First quarter 2024 results: EPS: ₹7.68 (up from ₹1.20 in 1Q 2023). Revenue: ₹622.6m (up 20% from 1Q 2023). Net income: ₹82.5m (up ₹69.6m from 1Q 2023). Profit margin: 13% (up from 2.5% 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 111% per year but the company’s share price has only increased by 103% per year, which means it is significantly lagging earnings growth. Announcement • Jul 12
Premier Explosives Limited to Report Q1, 2024 Results on Jul 19, 2023 Premier Explosives Limited announced that they will report Q1, 2024 results on Jul 19, 2023 New Risk • Jul 12
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 7.6% 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: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹6.33b market cap, or US$76.9m). Recent Insider Transactions • Jun 16
Company Secretary & Compliance Officer recently bought ₹887k worth of stock On the 12th of June, K. Laxmi bought around 2k shares on-market at roughly ₹422 per share. This transaction increased K.'s direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹7.6m more in shares than they have sold in the last 12 months. Reported Earnings • May 18
Full year 2023 earnings released: EPS: ₹6.42 (vs ₹4.93 in FY 2022) Full year 2023 results: EPS: ₹6.42 (up from ₹4.93 in FY 2022). Revenue: ₹2.04b (up 2.5% from FY 2022). Net income: ₹69.1m (up 30% from FY 2022). Profit margin: 3.4% (up from 2.7% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 80% per year, which means it is significantly lagging earnings growth. Announcement • May 17
Premier Explosives Limited Recommends Dividend for the Financial Year Ended March 31, 2023 Premier Explosives Limited Recommended a dividend of INR 1.70 per equity share of INR 10 each for the financial year ended March 31, 2023, subject To Approve the members at the upcoming 43rd Annual General Meeting (AGM) of the Company. Announcement • May 09
Premier Explosives Limited to Report Q4, 2023 Results on May 16, 2023 Premier Explosives Limited announced that they will report Q4, 2023 results at 3:30 PM, Indian Standard Time on May 16, 2023 Recent Insider Transactions • Mar 20
Insider recently bought ₹1.0m worth of stock On the 15th of March, Venkaiah Tripuraneni bought around 3k shares on-market at roughly ₹393 per share. This transaction amounted to 9.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₹1.8m. Insiders have collectively bought ₹6.4m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 08
Chief Financial Officer recently bought ₹1.8m worth of stock On the 3rd of March, Pakalapati Srihari bought around 5k shares on-market at roughly ₹368 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Pakalapati's only on-market trade for the last 12 months. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹0.58 (vs ₹0.57 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.58 (up from ₹0.57 in 3Q 2022). Revenue: ₹373.0m (down 26% from 3Q 2022). Net income: ₹6.27m (up 3.6% from 3Q 2022). Profit margin: 1.7% (up from 1.2% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Announcement • Feb 02
Premier Explosives Limited to Report Q3, 2023 Results on Feb 10, 2023 Premier Explosives Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Recent Insider Transactions • Nov 16
Insider recently bought ₹817k worth of stock On the 10th of November, Venkaiah Tripuraneni bought around 2k shares on-market at roughly ₹443 per share. This transaction amounted to 7.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹976k. Insiders have collectively bought ₹3.4m more in shares than they have sold in the last 12 months. Board Change • Nov 16
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. 2 experienced directors. 7 highly experienced directors. Additional Non-Executive Non-Independent Director Shonika Prasad 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. Reported Earnings • Oct 28
Second quarter 2023 earnings released: EPS: ₹2.40 (vs ₹3.00 in 2Q 2022) Second quarter 2023 results: EPS: ₹2.40 (down from ₹3.00 in 2Q 2022). Revenue: ₹614.3m (up 12% from 2Q 2022). Net income: ₹25.8m (down 17% from 2Q 2022). Profit margin: 4.2% (down from 5.6% in 2Q 2022). The decrease in margin was driven by higher 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 40% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Sep 29
Insider recently bought ₹904k worth of stock On the 26th of September, Venkaiah Tripuraneni bought around 2k shares on-market at roughly ₹452 per share. This transaction amounted to 8.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹976k. Insiders have collectively bought ₹3.2m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Sep 09
Insider recently bought ₹976k worth of stock On the 5th of September, Venkaiah Tripuraneni bought around 2k shares on-market at roughly ₹488 per share. This transaction amounted to 9.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹2.3m more in shares than they have sold in the last 12 months. Board Change • Sep 02
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. 2 experienced directors. 7 highly experienced directors. Additional Non-Executive Non-Independent Director Shonika Prasad 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. Upcoming Dividend • Sep 01
Upcoming dividend of ₹1.50 per share Eligible shareholders must have bought the stock before 08 September 2022. Payment date: 16 October 2022. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (0.7%). Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improved over the past week After last week's 27% share price gain to ₹439, the stock trades at a trailing P/E ratio of 79.4x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 171% over the past three years. Reported Earnings • Aug 04
First quarter 2023 earnings released: EPS: ₹1.20 (vs ₹1.19 in 1Q 2022) First quarter 2023 results: EPS: ₹1.20 (up from ₹1.19 in 1Q 2022). Revenue: ₹522.2m (up 60% from 1Q 2022). Net income: ₹12.9m (flat on 1Q 2022). Profit margin: 2.5% (down from 3.9% 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 11% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Jun 04
Insider recently bought ₹323k worth of stock On the 31st of May, Venkaiah Tripuraneni bought around 1k shares on-market at roughly ₹323 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹1.3m more in shares than they have sold in the last 12 months. Reported Earnings • May 27
Full year 2022 earnings released: EPS: ₹4.93 (vs ₹10.15 loss in FY 2021) Full year 2022 results: EPS: ₹4.93 (up from ₹10.15 loss in FY 2021). Revenue: ₹2.02b (up 33% from FY 2021). Net income: ₹53.0m (up ₹162.2m from FY 2021). Profit margin: 2.6% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 06
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹342, the stock trades at a trailing P/E ratio of 47.8x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 59% over the past three years.