Announcement • Sep 13
Pressman Advertising Limited Announces Resignation of Paulami Mukherjee as Company Secretary and Compliance Officer The Calcutta Stock Exchange Limited announced that Ms Paulami Mukherjee (Membership No. A49780) has resigned as Company Secretary and Compliance Officer effective from September 9, 2023. Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: ₹0.67 (vs ₹0.27 in 1Q 2023) First quarter 2024 results: EPS: ₹0.67 (up from ₹0.27 in 1Q 2023). Revenue: ₹44.9m (up 41% from 1Q 2023). Net income: ₹15.8m (up 147% from 1Q 2023). Profit margin: 35% (up from 20% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 119% per year, which means it is well ahead of earnings. Announcement • Aug 03
Pressman Advertising Limited to Report Q1, 2024 Results on Aug 09, 2023 Pressman Advertising Limited announced that they will report Q1, 2024 results on Aug 09, 2023 New Risk • Jul 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 8.7% 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 Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 14% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (142% cash payout ratio). Revenue is less than US$5m (₹138m revenue, or US$1.7m). Market cap is less than US$100m (₹3.26b market cap, or US$39.8m). Upcoming Dividend • Jun 30
Upcoming dividend of ₹1.00 per share at 0.7% yield Eligible shareholders must have bought the stock before 07 July 2023. Payment date: 13 August 2023. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (2.6%). Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹150, the stock trades at a trailing P/E ratio of 79.2x. Average trailing P/E is 25x in the Media industry in India. Total returns to shareholders of 811% over the past three years. Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: ₹1.89 (vs ₹1.92 in FY 2022) Full year 2023 results: EPS: ₹1.89 (down from ₹1.92 in FY 2022). Revenue: ₹163.3m (up 16% from FY 2022). Net income: ₹44.5m (down 1.3% from FY 2022). Profit margin: 27% (down from 32% in FY 2022). The decrease in margin was driven by higher expenses. 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 88% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹107, the stock trades at a trailing P/E ratio of 60.8x. Average trailing P/E is 20x in the Media industry in India. Total returns to shareholders of 623% over the past three years. Announcement • May 23
Pressman Advertising Limited to Report Q4, 2023 Results on May 30, 2023 Pressman Advertising Limited announced that they will report Q4, 2023 results on May 30, 2023 Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹82.45, the stock trades at a trailing P/E ratio of 47x. Average trailing P/E is 19x in the Media industry in India. Total returns to shareholders of 476% over the past three years. Reported Earnings • Feb 14
Third quarter 2023 earnings released: EPS: ₹0.54 (vs ₹0.56 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.54 (down from ₹0.56 in 3Q 2022). Revenue: ₹40.2m (down 17% from 3Q 2022). Net income: ₹12.6m (down 4.5% from 3Q 2022). Profit margin: 31% (up from 27% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Announcement • Feb 03
Pressman Advertising Limited to Report Q3, 2023 Results on Feb 13, 2023 Pressman Advertising Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 15% share price gain to ₹49.05, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 26x in the Media industry in India. Total returns to shareholders of 149% over the past three years. 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. 2 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Kalyan Bose was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: ₹0.62 (vs ₹0.48 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.62 (up from ₹0.48 in 2Q 2022). Revenue: ₹42.5m (up 23% from 2Q 2022). Net income: ₹14.5m (up 28% from 2Q 2022). Profit margin: 34% (up from 33% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Announcement • Nov 03
Pressman Advertising Limited to Report Q2, 2023 Results on Nov 11, 2022 Pressman Advertising Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improved over the past week After last week's 15% share price gain to ₹44.70, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 23x in the Media industry in India. Total returns to shareholders of 138% over the past three years. Reported Earnings • Aug 15
First quarter 2023 earnings released: EPS: ₹0.27 (vs ₹0.55 in 1Q 2022) First quarter 2023 results: EPS: ₹0.27 (down from ₹0.55 in 1Q 2022). Revenue: ₹37.1m (up 23% from 1Q 2022). Net income: ₹6.39m (down 50% from 1Q 2022). Profit margin: 17% (down from 42% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment improved over the past week After last week's 21% share price gain to ₹46.70, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 19x in the Media industry in India. Total returns to shareholders of 124% over the past three years. Upcoming Dividend • Jul 01
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 08 July 2022. Payment date: 17 August 2022. Payout ratio is a comfortable 52% but the company is paying out more than the cash it is generating. Trailing yield: 2.6%. Within top quartile of Indian dividend payers (1.9%). Higher than average of industry peers (2.3%). Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 27% share price gain to ₹43.00, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 20x in the Media industry in India. Total returns to shareholders of 94% over the past three years. Reported Earnings • Jun 25
Full year 2022 earnings released: EPS: ₹1.92 (vs ₹2.42 in FY 2021) Full year 2022 results: EPS: ₹1.92 (down from ₹2.42 in FY 2021). Revenue: ₹140.8m (down 17% from FY 2021). Net income: ₹45.1m (down 21% from FY 2021). Profit margin: 32% (down from 33% in 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 10% per year, which means it is well ahead of earnings. Board Change • Apr 27
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. 2 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Kalyan Bose was the last director to join the board, commencing their role in 2016. 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 • Mar 09
Investor sentiment improved over the past week After last week's 16% share price gain to ₹46.85, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 17x in the Media industry in India. Total returns to shareholders of 78% over the past three years. Recent Insider Transactions • Feb 23
Non-Executive Non-Independent Director recently sold ₹21m worth of stock On the 17th of February, Navin Suchanti sold around 512k shares on-market at roughly ₹42.01 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹40m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹35.10, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 18x in the Media industry in India. Total returns to shareholders of 49% over the past three years. Reported Earnings • Feb 04
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.56 (down from ₹0.77 in 3Q 2021). Revenue: ₹52.9m (up 16% from 3Q 2021). Net income: ₹13.2m (down 27% from 3Q 2021). Profit margin: 25% (down from 40% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improved over the past week After last week's 24% share price gain to ₹41.50, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 17x in the Media industry in India. Total returns to shareholders of 55% over the past three years. Reported Earnings • Nov 12
Second quarter 2022 earnings released: EPS ₹0.48 (vs ₹0.58 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹41.7m (up 2.8% from 2Q 2021). Net income: ₹11.3m (down 17% from 2Q 2021). Profit margin: 27% (down from 34% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improved over the past week After last week's 16% share price gain to ₹36.30, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 17x in the Media industry in India. Total loss to shareholders of 6.6% over the past three years. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improved over the past week After last week's 18% share price gain to ₹35.35, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 16x in the Media industry in India. Total loss to shareholders of 5.6% over the past three years. Upcoming Dividend • Jul 09
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 16 July 2021. Payment date: 25 August 2021. Trailing yield: 3.2%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (1.1%). Reported Earnings • Jul 07
Full year 2021 earnings released: EPS ₹2.42 (vs ₹2.27 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹170.0m (down 48% from FY 2020). Net income: ₹56.7m (up 6.6% from FY 2020). Profit margin: 33% (up from 16% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 13% per year. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improved over the past week After last week's 16% share price gain to ₹30.50, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 17x in the Media industry in India. Total loss to shareholders of 27% over the past three years. Reported Earnings • Jun 05
Full year 2021 earnings released: EPS ₹2.42 (vs ₹2.27 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹203.4m (down 38% from FY 2020). Net income: ₹56.7m (up 6.6% from FY 2020). Profit margin: 28% (up from 16% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 19% per year. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment improved over the past week After last week's 15% share price gain to ₹26.25, the stock is trading at a trailing P/E ratio of 11.7x, up from the previous P/E ratio of 10.2x. This compares to an average P/E of 14x in the Media industry in India. Total return to shareholders over the past three years is a loss of 46%. Reported Earnings • Jan 29
Third quarter 2021 earnings released: EPS ₹0.77 (vs ₹0.69 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₹54.3m (down 27% from 3Q 2020). Net income: ₹18.1m (up 12% from 3Q 2020). Profit margin: 33% (up from 22% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Announcement • Jan 19
Pressman Advertising Limited to Report Q3, 2021 Results on Jan 28, 2021 Pressman Advertising Limited announced that they will report Q3, 2021 results on Jan 28, 2021 Is New 90 Day High Low • Jan 05
New 90-day high: ₹27.50 The company is up 58% from its price of ₹17.40 on 07 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 5.0% over the same period. Recent Insider Transactions • Dec 30
Non-Executive Non-Independent Director recently bought ₹81m worth of stock On the 24th of December, Navin Suchanti bought around 4m shares on-market at roughly ₹22.04 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹90m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 20% share price gain to ₹25.30, the stock is trading at a trailing P/E ratio of 11.7x, up from the previous P/E ratio of 9.8x. This compares to an average P/E of 15x in the Media industry in India. Total return to shareholders over the past three years is a loss of 63%. Recent Insider Transactions • Dec 26
Non-Executive Non-Independent Director recently bought ₹20m worth of stock On the 17th of December, Navin Suchanti bought around 795k shares on-market at roughly ₹25.45 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹67m more in shares than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹21.80, the stock is trading at a trailing P/E ratio of 10.1x, down from the previous P/E ratio of 12.4x. This compares to an average P/E of 14x in the Media industry in India. Total return to shareholders over the past three years is a loss of 70%. Recent Insider Transactions • Dec 20
Executive Chairman & MD recently bought ₹104m worth of stock On the 14th of December, Niren Suchanti bought around 4m shares on-market at roughly ₹23.34 per share. This was the largest purchase by an insider in the last 3 months. This was Niren's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 22% share price gain to ₹26.65, the stock is trading at a trailing P/E ratio of 12.4x, up from the previous P/E ratio of 10.2x. This compares to an average P/E of 15x in the Media industry in India. Total return to shareholders over the past three years is a loss of 58%. Valuation Update With 7 Day Price Move • Dec 10
Market bids up stock over the past week After last week's 18% share price gain to ₹24.80, the stock is trading at a trailing P/E ratio of 11.5x, up from the previous P/E ratio of 9.7x. This compares to an average P/E of 15x in the Media industry in India. Total return to shareholders over the past three years is a loss of 61%. Is New 90 Day High Low • Dec 07
New 90-day high: ₹22.25 The company is up 21% from its price of ₹18.40 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is down 1.0% over the same period. Valuation Update With 7 Day Price Move • Nov 20
Market bids up stock over the past week After last week's 35% share price gain to ₹21.95, the stock is trading at a trailing P/E ratio of 10.2x, up from the previous P/E ratio of 7.5x. This compares to an average P/E of 16x in the Media industry in India. Total return to shareholders over the past three years is a loss of 69%. Is New 90 Day High Low • Nov 20
New 90-day high: ₹21.95 The company is up 11% from its price of ₹19.75 on 21 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is down 5.0% over the same period. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS ₹0.58 The company reported a soft second quarter result with weaker earnings and revenues, although profit margins were improved. Second quarter 2021 results: Revenue: ₹48.5m (down 44% from 2Q 2020). Net income: ₹13.7m (down 17% from 2Q 2020). Profit margin: 28% (up from 19% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Nov 03
New 90-day low: ₹16.05 The company is down 12% from its price of ₹18.20 on 05 August 2020. The Indian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 10.0% over the same period. Is New 90 Day High Low • Oct 16
New 90-day low: ₹16.55 The company is down 11% from its price of ₹18.70 on 17 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 6.0% over the same period. Is New 90 Day High Low • Sep 22
New 90-day low: ₹17.15 The company is down 9.0% from its price of ₹18.95 on 24 June 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 10.0% over the same period.