Reported Earnings • May 26
Full year 2026 earnings released: EPS: ₹5.68 (vs ₹2.72 in FY 2025) Full year 2026 results: EPS: ₹5.68 (up from ₹2.72 in FY 2025). Revenue: ₹1.59b (up 40% from FY 2025). Net income: ₹59.2m (up 109% from FY 2025). Profit margin: 3.7% (up from 2.5% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 16
Rama Vision Limited to Report Q4, 2026 Results on May 25, 2026 Rama Vision Limited announced that they will report Q4, 2026 results on May 25, 2026 Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹153, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 22x in the Retail Distributors industry in India. Total returns to shareholders of 283% over the past three years. Reported Earnings • Feb 06
Third quarter 2026 earnings released: EPS: ₹1.82 (vs ₹0.39 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.82 (up from ₹0.39 in 3Q 2025). Revenue: ₹420.1m (up 43% from 3Q 2025). Net income: ₹19.0m (up 363% from 3Q 2025). Profit margin: 4.5% (up from 1.4% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 02
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 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risk Market cap is less than US$100m (₹1.28b market cap, or US$14.0m). Announcement • Jan 29
Rama Vision Limited to Report Q3, 2026 Results on Feb 05, 2026 Rama Vision Limited announced that they will report Q3, 2026 results on Feb 05, 2026 Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹116, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 30x in the Retail Distributors industry in India. Total returns to shareholders of 122% over the past three years. Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹130, the stock trades at a trailing P/E ratio of 37.3x. Average trailing P/E is 28x in the Retail Distributors industry in India. Total returns to shareholders of 209% over the past three years. Reported Earnings • Nov 11
Second quarter 2026 earnings released: EPS: ₹1.56 (vs ₹0.66 in 2Q 2025) Second quarter 2026 results: EPS: ₹1.56 (up from ₹0.66 in 2Q 2025). Revenue: ₹406.5m (up 45% from 2Q 2025). Net income: ₹16.3m (up 136% from 2Q 2025). Profit margin: 4.0% (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 9% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Nov 10
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 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (2.2% net profit margin). Market cap is less than US$100m (₹1.11b market cap, or US$12.6m). Announcement • Nov 03
Rama Vision Limited to Report Q2, 2026 Results on Nov 10, 2025 Rama Vision Limited announced that they will report Q2, 2026 results on Nov 10, 2025 Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹96.41, the stock trades at a trailing P/E ratio of 37.5x. Average trailing P/E is 29x in the Retail Distributors industry in India. Total returns to shareholders of 171% over the past three years. Recent Insider Transactions • Sep 10
Chairman & MD recently bought ₹1.0m worth of stock On the 2nd of September, Satish Jain bought around 13k shares on-market at roughly ₹78.35 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Satish's only on-market trade for the last 12 months. Announcement • Sep 01
Rama Vision Limited, Annual General Meeting, Sep 26, 2025 Rama Vision Limited, Annual General Meeting, Sep 26, 2025, at 12:30 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹1.00 (vs ₹1.15 in 1Q 2025) First quarter 2026 results: EPS: ₹1.00 (down from ₹1.15 in 1Q 2025). Revenue: ₹340.8m (up 27% from 1Q 2025). Net income: ₹10.4m (down 13% from 1Q 2025). Profit margin: 3.1% (down from 4.5% 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 11% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 02
Rama Vision Limited to Report Q1, 2026 Results on Aug 12, 2025 Rama Vision Limited announced that they will report Q1, 2026 results on Aug 12, 2025 New Risk • Jun 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 7.7% 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 Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (₹880.2m market cap, or US$10.2m). New Risk • Jun 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹846.8m (US$9.90m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Market cap is less than US$10m (₹846.8m market cap, or US$9.90m). Minor Risk Profit margins are more than 30% lower than last year (2.5% net profit margin). Reported Earnings • May 21
Full year 2025 earnings released: EPS: ₹2.72 (vs ₹3.31 in FY 2024) Full year 2025 results: EPS: ₹2.72 (down from ₹3.31 in FY 2024). Revenue: ₹1.14b (up 28% from FY 2024). Net income: ₹28.3m (down 16% from FY 2024). Profit margin: 2.5% (down from 3.8% 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 19% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 10
Rama Vision Limited to Report Q4, 2025 Results on May 19, 2025 Rama Vision Limited announced that they will report Q4, 2025 results on May 19, 2025 Valuation Update With 7 Day Price Move • May 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹94.98, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 27x in the Retail Distributors industry in India. Total returns to shareholders of 332% over the past three years. New Risk • Apr 28
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 Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (₹894.2m market cap, or US$10.5m). New Risk • Feb 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹868.0m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (3.0x net interest cover). Market cap is less than US$10m (₹868.0m market cap, or US$9.99m). Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change). Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹87.60, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 26x in the Retail Distributors industry in India. Total returns to shareholders of 463% over the past three years. New Risk • Feb 11
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 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (9.8% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (₹1.07b market cap, or US$12.3m). Reported Earnings • Feb 11
Third quarter 2025 earnings released: EPS: ₹0.39 (vs ₹1.00 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.39 (down from ₹1.00 in 3Q 2024). Revenue: ₹295.5m (up 21% from 3Q 2024). Net income: ₹4.10m (down 59% from 3Q 2024). Profit margin: 1.4% (down from 4.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 31
Rama Vision Limited to Report Q3, 2025 Results on Feb 10, 2025 Rama Vision Limited announced that they will report Q3, 2025 results on Feb 10, 2025 Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹145, the stock trades at a trailing P/E ratio of 39.9x. Average trailing P/E is 35x in the Retail Distributors industry in India. Total returns to shareholders of 442% over the past three years. New Risk • Nov 15
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 9.8% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.8% operating cash flow to total debt). High level of non-cash earnings (34% accrual ratio). Minor Risk Market cap is less than US$100m (₹1.53b market cap, or US$18.2m). Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: ₹0.66 (vs ₹0.79 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.66 (down from ₹0.79 in 2Q 2024). Revenue: ₹280.5m (up 28% from 2Q 2024). Net income: ₹6.91m (down 12% from 2Q 2024). Profit margin: 2.5% (down from 3.6% 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 41% per year but the company’s share price has increased by 108% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 06
Rama Vision Limited to Report Q2, 2025 Results on Nov 14, 2024 Rama Vision Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹129, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 42x in the Retail Distributors industry in India. Total returns to shareholders of 1,230% over the past three years. Announcement • Sep 25
Rama Vision Limited Announces Board Appointments Rama Vision Limited at its 35th Annual General Meeting held on September 24, 2024, approved to appoint Mrs. Neelu Jain (DIN: 00227058) as a Director of the Company in the category of Non-Executive Independent Director of the Company for the first term of 5 consecutive years from August 09, 2024 to August 08, 2029. To appoint Mrs. Deepali Gupta (DIN: 10705479) as a Director of the Company in the category of Non-Executive Independent Director of the Company for the first term of 5 consecutive years from August 09, 2024 to August 08, 2029. Announcement • Aug 28
Rama Vision Limited, Annual General Meeting, Sep 24, 2024 Rama Vision Limited, Annual General Meeting, Sep 24, 2024, at 12:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹120, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 49x in the Retail Distributors industry in India. Total returns to shareholders of 848% over the past three years. Reported Earnings • Aug 10
First quarter 2025 earnings released: EPS: ₹1.15 (vs ₹0.70 in 1Q 2024) First quarter 2025 results: EPS: ₹1.15 (up from ₹0.70 in 1Q 2024). Revenue: ₹269.1m (up 33% from 1Q 2024). Net income: ₹11.9m (up 70% from 1Q 2024). Profit margin: 4.4% (up from 3.5% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has increased by 92% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Aug 01
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. 1 experienced director. 5 highly experienced directors. Independent & Non-Executive Director Vimal Mehta 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. Announcement • Jul 31
Rama Vision Limited to Report Q1, 2025 Results on Aug 09, 2024 Rama Vision Limited announced that they will report Q1, 2025 results on Aug 09, 2024 New Risk • Jul 11
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 7.9% 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 (44% accrual ratio). Minor Risks High level of debt (62% net debt to equity). Share price has been volatile over the past 3 months (7.9% average weekly change). Shareholders have been diluted in the past year (8.0% increase in shares outstanding). Market cap is less than US$100m (₹996.1m market cap, or US$11.9m). Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹93.18, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 47x in the Retail Distributors industry in India. Total returns to shareholders of 832% over the past three years. New Risk • May 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹833.6m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (44% accrual ratio). Market cap is less than US$10m (₹833.6m market cap, or US$9.99m). Minor Risks High level of debt (62% net debt to equity). Shareholders have been diluted in the past year (8.0% increase in shares outstanding). Reported Earnings • May 17
Full year 2024 earnings released: EPS: ₹3.31 (vs ₹2.53 in FY 2023) Full year 2024 results: EPS: ₹3.31 (up from ₹2.53 in FY 2023). Revenue: ₹898.3m (up 9.7% from FY 2023). Net income: ₹33.9m (up 33% from FY 2023). Profit margin: 3.8% (up from 3.1% 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 56% per year but the company’s share price has increased by 128% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 10
Rama Vision Limited to Report Q4, 2024 Results on May 15, 2024 Rama Vision Limited announced that they will report Q4, 2024 results on May 15, 2024 Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹90.51, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 41x in the Retail Distributors industry in India. Total returns to shareholders of 1,217% over the past three years. Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: ₹1.00 (vs ₹0.67 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.00 (up from ₹0.67 in 3Q 2023). Revenue: ₹244.3m (up 10% from 3Q 2023). Net income: ₹10.1m (up 50% from 3Q 2023). Profit margin: 4.1% (up from 3.0% 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 62% per year but the company’s share price has increased by 134% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 03
Rama Vision Limited to Report Q3, 2024 Results on Feb 13, 2024 Rama Vision Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 01
Second quarter 2024 earnings released: EPS: ₹0.79 (vs ₹0.71 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.79 (up from ₹0.71 in 2Q 2023). Revenue: ₹219.9m (up 6.1% from 2Q 2023). Net income: ₹7.88m (up 11% from 2Q 2023). Profit margin: 3.6% (up from 3.4% 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 71% per year but the company’s share price has increased by 128% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 21
Rama Vision Limited to Report Q2, 2024 Results on Oct 30, 2023 Rama Vision Limited announced that they will report Q2, 2024 results on Oct 30, 2023 New Risk • Sep 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$10m (₹629.3m market cap, or US$7.57m). Minor Risk Shareholders have been diluted in the past year (4.0% increase in shares outstanding). Announcement • Aug 22
Rama Vision Limited, Annual General Meeting, Sep 20, 2023 Rama Vision Limited, Annual General Meeting, Sep 20, 2023, at 12:30 Indian Standard Time. New Risk • Aug 15
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 9.6% 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 (9.6% average weekly change). Market cap is less than US$10m (₹594.2m market cap, or US$7.14m). Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: ₹0.70 (vs ₹0.66 in 1Q 2023) First quarter 2024 results: EPS: ₹0.70 (up from ₹0.66 in 1Q 2023). Revenue: ₹202.2m (up 3.9% from 1Q 2023). Net income: ₹7.03m (up 6.6% from 1Q 2023). Profit margin: 3.5% (up from 3.4% 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 81% per year but the company’s share price has increased by 138% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₹48.45, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 39x in the Retail Distributors industry in India. Total returns to shareholders of 1,317% over the past three years. Announcement • Jul 28
Rama Vision Limited to Report Q1, 2024 Results on Aug 08, 2023 Rama Vision Limited announced that they will report Q1, 2024 results at 3:30 PM, Indian Standard Time on Aug 08, 2023 Valuation Update With 7 Day Price Move • May 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹45.26, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 29x in the Retail Distributors industry in India. Total returns to shareholders of 1,818% over the past three years. Reported Earnings • May 19
Full year 2023 earnings released: EPS: ₹2.53 (vs ₹1.46 in FY 2022) Full year 2023 results: EPS: ₹2.53 (up from ₹1.46 in FY 2022). Revenue: ₹819.3m (up 33% from FY 2022). Net income: ₹25.4m (up 74% from FY 2022). Profit margin: 3.1% (up from 2.4% 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 91% per year but the company’s share price has increased by 146% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹40.10, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 28x in the Retail Distributors industry in India. Total returns to shareholders of 1,288% over the past three years. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹41.60, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 25x in the Retail Distributors industry in India. Total returns to shareholders of 1,273% over the past three years. Announcement • Jan 31
Rama Vision Limited announced that it expects to receive INR 5.54 million in funding Rama Vision Limited announced a private placement of 400,000 convertible warrants at issue price of INR 13.85 on a preferential basis for gross proceeds of INR 5,540,000 on January 30, 2023. The warrants will be convertible into one common share of the company at INR 13.85 per share and will mature in 18 months from the date of the allotment. The company will receive 25% of the total amount, which is INR 5,540,000 as upfront payment at the time of allotment of warrants and the remaining 75% will be paid within 18 months. The transaction will include participation from four investors including Satish Jain, Sudha Jain, Arhant Jain, and Udit Jain. The company received board's approval with respect to the transaction. Reported Earnings • Jan 31
Third quarter 2023 earnings released: EPS: ₹0.67 (vs ₹0.48 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.67 (up from ₹0.48 in 3Q 2022). Revenue: ₹221.8m (up 30% from 3Q 2022). Net income: ₹6.72m (up 40% from 3Q 2022). Profit margin: 3.0% (up from 2.8% in 3Q 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 increased by 162% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 20
Rama Vision Limited to Report Q3, 2023 Results on Jan 30, 2023 Rama Vision Limited announced that they will report Q3, 2023 results on Jan 30, 2023 Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₹54.60, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 36x in the Retail Distributors industry in India. Total returns to shareholders of 1,829% over the past three years. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improved over the past week After last week's 17% share price gain to ₹48.55, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 41x in the Retail Distributors industry in India. Total returns to shareholders of 1,622% over the past three years. Announcement • Nov 02
Rama Vision Limited to Report Q2, 2023 Results on Nov 09, 2022 Rama Vision Limited announced that they will report Q2, 2023 results at 3:30 PM, Indian Standard Time on Nov 09, 2022 Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 17% share price gain to ₹35.15, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 43x in the Retail Distributors industry in India. Total returns to shareholders of 1,009% over the past three years. Announcement • Sep 03
Rama Vision Limited, Annual General Meeting, Sep 28, 2022 Rama Vision Limited, Annual General Meeting, Sep 28, 2022, at 12:30 Indian Standard Time. Agenda: To receive, consider and adopt the audited financial statements of the company for the financial year ended on 31st March 2022, including the audited balance sheet as at 31 March 2022 and the statement of profit and loss account and cash flow for the financial year ended on that date and the reports of the board's and statutory auditors' thereon; to appoint a director in place of Mr. Arhant Jain, who retires by rotation and being eligible has offered himself for re-appointment; to consider re-appointment of statutory auditors for the second term of 5 years; and to consider other items. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 51% share price gain to ₹42.00, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 40x in the Retail Distributors industry in India. Total returns to shareholders of 1,029% over the past three years. Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: ₹0.66 (vs ₹0.20 in 1Q 2022) First quarter 2023 results: EPS: ₹0.66 (up from ₹0.20 in 1Q 2022). Revenue: ₹194.9m (up 58% from 1Q 2022). Net income: ₹6.59m (up 235% from 1Q 2022). Profit margin: 3.4% (up from 1.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 89% per year, which means it is significantly lagging earnings growth. Announcement • Aug 11
Rama Vision Limited Appoints Vimal Mehta as an Additional Director Rama Vision Limited informed that the Board of Directors of the Company has, on the recommendation of Nomination & Remuneration Committee, in its meeting held on August 10, 2022, approved the appointment of Mr. Vimal Mehta as an Additional Director (in the capacity of Non-Executive & Independent Director) on the Board of the Company with immediate effect, 10 August, 2022 to hold office till the conclusion of the forthcoming Annual General Meeting (AGM) of the Company and further recommended for an appointment as an Independent Director for approval of the members at the upcoming Annual General Meeting of the Company to hold office for a term upto 5 consecutive years from the date of upcoming Annual General Meeting. Mr. Vimal Mehta (DIN: 00206202) aged about 67 years, has done B.E. in Mechanical Engineering from Birla Institute of Technology, Ranchi University. He has rich experience of over 42 years in manufacturing industry of Plastic Tube used for tarpaulin liners. He is one of the renowned co-founder of R.S. Polymers, established in the year 1988, the leading manufacturer and supplier of Aquaculture Tanks, PVC Geomembrane & Steel Biofloc Tank and much more. R.S. Polymers is Govt. recognized consultant & manufacturer under Pradhan Mantri Matasya Sampada Yojana by National Fisheries Development Board, Ministry of FAHD, Govt. of India. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improved over the past week After last week's 19% share price gain to ₹25.75, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 47x in the Retail Distributors industry in India. Total returns to shareholders of 539% over the past three years. Announcement • Jul 28
Rama Vision Limited to Report Q1, 2023 Results on Aug 10, 2022 Rama Vision Limited announced that they will report Q1, 2023 results at 3:30 PM, Indian Standard Time on Aug 10, 2022 Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improved over the past week After last week's 19% share price gain to ₹22.20, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 44x in the Retail Distributors industry in India. Total returns to shareholders of 391% over the past three years. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹21.00, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 36x in the Retail Distributors industry in India. Total returns to shareholders of 274% over the past three years. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improved over the past week After last week's 22% share price gain to ₹22.05, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 35x in the Retail Distributors industry in India. Total returns to shareholders of 267% over the past three years. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹15.55, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 36x in the Retail Distributors industry in India. Total returns to shareholders of 170% over the past three years. Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.48 (up from ₹0.20 in 3Q 2021). Revenue: ₹170.4m (up 16% from 3Q 2021). Net income: ₹4.82m (up 142% from 3Q 2021). Profit margin: 2.8% (up from 1.4% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹21.75, the stock trades at a trailing P/E ratio of 46.3x. Average trailing P/E is 48x in the Retail Distributors industry in India. Total returns to shareholders of 262% over the past three years. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹20.60, the stock trades at a trailing P/E ratio of 43.8x. Average trailing P/E is 49x in the Retail Distributors industry in India. Total returns to shareholders of 129% over the past three years. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹19.85, the stock trades at a trailing P/E ratio of 42.2x. Average trailing P/E is 44x in the Retail Distributors industry in India. Total returns to shareholders of 114% over the past three years. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improved over the past week After last week's 18% share price gain to ₹19.02, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 39x in the Retail Distributors industry in India. Total returns to shareholders of 147% over the past three years. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improved over the past week After last week's 17% share price gain to ₹12.16, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 44x in the Retail Distributors industry in India. Total returns to shareholders of 60% over the past three years. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improved over the past week After last week's 16% share price gain to ₹10.71, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 53x in the Retail Distributors industry in India. Total returns to shareholders of 66% over the past three years. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹9.25, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 51x in the Retail Distributors industry in India. Total returns to shareholders of 17% over the past three years. Board Change • Sep 13
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. 3 highly experienced directors. Non-Executive Woman Independent Director Neera Bhargava was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Aug 11
First quarter 2022 earnings released: EPS ₹0.20 (vs ₹0.12 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹123.2m (up 9.0% from 1Q 2021). Net income: ₹1.97m (up 65% from 1Q 2021). Profit margin: 1.6% (up from 1.1% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improved over the past week After last week's 20% share price gain to ₹15.39, the stock trades at a trailing P/E ratio of 49.6x. Average trailing P/E is 72x in the Retail Distributors industry in India. Total returns to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹13.15, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 75x in the Retail Distributors industry in India. Total returns to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improved over the past week After last week's 22% share price gain to ₹12.14, the stock trades at a trailing P/E ratio of 39.2x. Average trailing P/E is 88x in the Retail Distributors industry in India. Total loss to shareholders of 4.8% over the past three years. Reported Earnings • Jun 21
Full year 2021 earnings released: EPS ₹0.31 (vs ₹0.037 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹556.1m (up 28% from FY 2020). Net income: ₹3.06m (up ₹2.70m from FY 2020). Profit margin: 0.6% (up from 0.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improved over the past week After last week's 20% share price gain to ₹8.75, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 71x in the Retail Distributors industry in India. Total loss to shareholders of 52% over the past three years. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improved over the past week After last week's 18% share price gain to ₹8.09, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 62x in the Retail Distributors industry in India. Total loss to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improved over the past week After last week's 17% share price gain to ₹7.35, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 48x in the Retail Distributors industry in India. Total loss to shareholders of 61% over the past three years. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improved over the past week After last week's 19% share price gain to ₹6.55, the stock is trading at a trailing P/E ratio of 16.2x, up from the previous P/E ratio of 13.6x. This compares to an average P/E of 41x in the Retail Distributors industry in India. Total return to shareholders over the past three years is a loss of 65%. Reported Earnings • Feb 11
Third quarter 2021 earnings released: EPS ₹0.20 (vs ₹0.01 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹147.4m (up 29% from 3Q 2020). Net income: ₹1.99m (up ₹1.90m from 3Q 2020). Profit margin: 1.4% (up from 0.1% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 01
Investor sentiment improved over the past week After last week's 17% share price gain to ₹7.00, the stock is trading at a trailing P/E ratio of 35.3x, up from the previous P/E ratio of 30.3x. This compares to an average P/E of 34x in the Retail Distributors industry in India. Total return to shareholders over the past three years is a loss of 60%. Is New 90 Day High Low • Dec 15
New 90-day high: ₹5.71 The company is up 3.0% from its price of ₹5.56 on 16 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 13% over the same period. Valuation Update With 7 Day Price Move • Dec 10
Market bids up stock over the past week After last week's 17% share price gain to ₹5.61, the stock is trading at a trailing P/E ratio of 28.3x, up from the previous P/E ratio of 24.2x. This compares to an average P/E of 29x in the Retail Distributors industry in India. Total return to shareholders over the past three years is a loss of 59%. Valuation Update With 7 Day Price Move • Nov 26
Market bids up stock over the past week After last week's 18% share price gain to ₹5.29, the stock is trading at a trailing P/E ratio of 51.7x, up from the previous P/E ratio of 44x. This compares to an average P/E of 28x in the Retail Distributors industry in India. Total return to shareholders over the past three years is a loss of 62%. 