Reported Earnings • May 29
Full year 2026 earnings released: EPS: ₹4.92 (vs ₹4.50 in FY 2025) Full year 2026 results: EPS: ₹4.92 (up from ₹4.50 in FY 2025). Revenue: ₹3.98b (down 24% from FY 2025). Net income: ₹143.6m (up 9.3% from FY 2025). Profit margin: 3.6% (up from 2.5% in FY 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • May 28
Lahoti Overseas Limited Recommends Dividend for the Financial Year Ended March 31, 2026 The Board of Directors of Lahoti Overseas Limited at its meeting held on May 28, 2026, recommended a final dividend of INR 0.20 (twenty paise) per equity share, representing 10% of the face value of INR 2 each, for the financial year Ended March 31, 2026. This recommendation is subject to the approval of shareholders at the upcoming Annual General Meeting (AGM) of the Company. Announcement • May 21
Lahoti Overseas Limited to Report Q4, 2026 Results on May 28, 2026 Lahoti Overseas Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 28, 2026 Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹50.70, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 25x in the Retail Distributors industry in India. Total returns to shareholders of 88% over the past three years. Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹38.47, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 20x in the Retail Distributors industry in India. Total returns to shareholders of 59% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹1.48 (vs ₹1.57 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.48 (down from ₹1.57 in 3Q 2025). Revenue: ₹1.02b (down 16% from 3Q 2025). Net income: ₹43.2m (down 5.4% from 3Q 2025). Profit margin: 4.2% (up from 3.8% in 3Q 2025). The increase in margin was driven by lower expenses. 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 21% per year, which means it is well ahead of earnings. New Risk • Feb 15
New major risk - Revenue and earnings growth Earnings have declined by 2.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.5% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹1.43b market cap, or US$15.8m). Announcement • Feb 06
Lahoti Overseas Limited to Report Q3, 2026 Results on Feb 13, 2026 Lahoti Overseas Limited announced that they will report Q3, 2026 results on Feb 13, 2026 Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹42.02, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 30x in the Retail Distributors industry in India. Total returns to shareholders of 35% over the past three years. Reported Earnings • Nov 13
Second quarter 2026 earnings released: EPS: ₹2.39 (vs ₹0.10 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹2.39 (up from ₹0.10 loss in 2Q 2025). Revenue: ₹1.17b (down 26% from 2Q 2025). Net income: ₹69.7m (up ₹72.6m from 2Q 2025). Profit margin: 6.0% (up from net loss in 2Q 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Announcement • Nov 04
Lahoti Overseas Limited to Report Q2, 2026 Results on Nov 12, 2025 Lahoti Overseas Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 12, 2025 Announcement • Oct 20
Lahoti Overseas Limited Announces Resignation Mugdha Deo as Company Secretary and Compliance Officer, Effective November 15, 2025 Lahoti Overseas Limited informed that Ms. Mugdha Deo has tendered her resignation from the post of Company Secretary and Compliance Officer of the Company due to family priorities effective from closing of business hours on November 15, 2025. Upcoming Dividend • Sep 15
Upcoming dividend of ₹0.20 per share Eligible shareholders must have bought the stock before 22 September 2025. Payment date: 29 October 2025. Payout ratio is a comfortable 4.4% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (1.3%). Declared Dividend • Aug 18
Dividend of ₹0.20 announced Dividend of ₹0.20 is the same as last year. Ex-date: 22nd September 2025 Payment date: 29th October 2025 Dividend yield will be 0.5%, which is lower than the industry average of 1.1%. Sustainability & Growth Dividend is well covered by both earnings (4% earnings payout ratio) and cash flows (3% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 9.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 14
Lahoti Overseas Limited, Annual General Meeting, Sep 29, 2025 Lahoti Overseas Limited, Annual General Meeting, Sep 29, 2025, at 15:00 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹0.56 (vs ₹0.73 in 1Q 2025) First quarter 2026 results: EPS: ₹0.56 (down from ₹0.73 in 1Q 2025). Revenue: ₹888.4m (down 36% from 1Q 2025). Net income: ₹16.3m (down 24% from 1Q 2025). Profit margin: 1.8% (up from 1.6% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Aug 05
Lahoti Overseas Limited to Report Q1, 2026 Results on Aug 13, 2025 Lahoti Overseas Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Reported Earnings • May 30
Full year 2025 earnings released: EPS: ₹4.50 (vs ₹4.14 in FY 2024) Full year 2025 results: EPS: ₹4.50 (up from ₹4.14 in FY 2024). Revenue: ₹5.28b (up 8.4% from FY 2024). Net income: ₹131.4m (up 8.9% from FY 2024). Profit margin: 2.5% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • May 14
Lahoti Overseas Limited to Report Q4, 2025 Results on May 29, 2025 Lahoti Overseas Limited announced that they will report Q4, 2025 results on May 29, 2025 Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹1.57 (vs ₹1.26 in 3Q 2024) Third quarter 2025 results: EPS: ₹1.57 (up from ₹1.26 in 3Q 2024). Revenue: ₹1.21b (up 1.3% from 3Q 2024). Net income: ₹45.7m (up 24% from 3Q 2024). Profit margin: 3.8% (up from 3.1% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Feb 03
Lahoti Overseas Limited to Report Q3, 2025 Results on Feb 13, 2025 Lahoti Overseas Limited announced that they will report Q3, 2025 results on Feb 13, 2025 Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹41.56, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 30x in the Retail Distributors industry in India. Total returns to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹46.17, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 36x in the Retail Distributors industry in India. Total returns to shareholders of 74% over the past three years. Announcement • Nov 04
Lahoti Overseas Limited to Report Q2, 2025 Results on Nov 12, 2024 Lahoti Overseas Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Announcement • Oct 03
Lahoti Overseas Limited Announces Resignation of Pradeep Bachhuka as Chief Financial Officer Lahoti Overseas Limited announced that Mr. Pradeep Bachhuka has tendered his resignation from the post of Chief Financial Officer of the Company due to health issues effective from closing of business hours on September 26, 2024. Announcement • Sep 28
Lahoti Overseas Limited Approves Final Dividend for the Financial Year 2023-2024 Lahoti Overseas Limited approved final dividend at INR 0.20/- (10%) per equity share of the face value of INR 2/- for the financial year 2023-2024. Upcoming Dividend • Sep 13
Upcoming dividend of ₹0.20 per share Eligible shareholders must have bought the stock before 20 September 2024. Payment date: 27 October 2024. Payout ratio is a comfortable 4.8% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.0%). Lower than average of industry peers (1.2%). Declared Dividend • Aug 14
Dividend of ₹0.20 announced Dividend of ₹0.20 is the same as last year. Ex-date: 20th September 2024 Payment date: 27th October 2024 Dividend yield will be 0.4%, which is lower than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (5% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 95% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.8% EPS decline seen over the last 5 years. Announcement • Aug 13
Lahoti Overseas Limited, Annual General Meeting, Sep 27, 2024 Lahoti Overseas Limited, Annual General Meeting, Sep 27, 2024, at 15:00 Indian Standard Time. Announcement • Aug 05
Lahoti Overseas Limited to Report Q1, 2025 Results on Aug 12, 2024 Lahoti Overseas Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹51.87, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 50x in the Retail Distributors industry in India. Total returns to shareholders of 76% over the past three years. Announcement • May 30
Lahoti Overseas Limited Recommends Dividend for the Financial Year 2023-24 Lahoti Overseas Limited recommended Dividend at 10% i.e. INR 0.20/- per share (face value of INR 2/- each) on the Equity Share Capital of the Company for the financial year 2023-24 subject to the approval of the Shareholders at the up coming Annual General Meeting. Reported Earnings • May 29
Full year 2024 earnings released: EPS: ₹4.14 (vs ₹5.39 in FY 2023) Full year 2024 results: EPS: ₹4.14 (down from ₹5.39 in FY 2023). Revenue: ₹4.96b (up 56% from FY 2023). Net income: ₹120.6m (down 23% from FY 2023). Profit margin: 2.4% (down from 4.9% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 23
Lahoti Overseas Limited to Report Q4, 2024 Results on May 28, 2024 Lahoti Overseas Limited announced that they will report Q4, 2024 results on May 28, 2024 Announcement • May 09
Lahoti Overseas Limited Announces Appointment of Mugdha Deo as Company Secretary and Compliance Officer Lahoti Overseas Limited informed that the Board of Directors of the Company, at its meeting held on May 08, 2024, approved the appointment of Ms. Mugdha Deo, having Membership No. A73538, as the Company Secretary and Compliance officer of the Company. She is a graduate in Commerce from Mumbai University and an Associate Member of the Institute of Company Secretaries of India holding Membership No. A73538. She has an experience in dealing with matters of Companies Act, Listing Regulations and allied laws. Announcement • Apr 18
Lahoti Overseas Limited Announces Board Appointments Lahoti Overseas Limited appointed Mr. Sanjay Deshpande (DIN: 10429349) and Mr. Ravi Seth (DIN: 02427404) as an Independent Director. Reported Earnings • Feb 16
Third quarter 2024 earnings released: EPS: ₹1.26 (vs ₹1.40 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.26 (down from ₹1.40 in 3Q 2023). Revenue: ₹1.21b (up 83% from 3Q 2023). Net income: ₹36.7m (down 10% from 3Q 2023). Profit margin: 3.0% (down from 6.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 07
Lahoti Overseas Limited to Report Q3, 2024 Results on Feb 14, 2024 Lahoti Overseas Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Announcement • Jan 23
Lahoti Overseas Limited Announces Resignation of Deep Shah as Company Secretary and Compliance Officer Lahoti Overseas Limited at its board meeting held on January 22, 2024, considered and approved Acceptance of resignation of Mr. Deep Shah as Company Secretary and Compliance officer with effect from the close of business hours on January 22, 2024 to pursue his further studies and move ahead in his career. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹48.14, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 38x in the Retail Distributors industry in India. Total returns to shareholders of 240% over the past three years. Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: ₹2.27 (vs ₹2.27 in 2Q 2023) Second quarter 2024 results: EPS: ₹2.27 (in line with 2Q 2023). Revenue: ₹1.47b (up 69% from 2Q 2023). Net income: ₹62.0m (down 6.4% from 2Q 2023). Profit margin: 4.2% (down from 7.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Oct 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 7.4% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (₹1.33b market cap, or US$16.0m). Announcement • Oct 06
Lahoti Overseas Limited Approves Final Dividend for the Financial Year 2022-2023 Lahoti Overseas Limited announced that at its AGM held on September 30, 2023, shareholders approved the final dividend of INR 0.20 (10%) per equity share of the face value of INR 2 for the financial year 2022-2023. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹37.26, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 39x in the Retail Distributors industry in India. Total returns to shareholders of 271% over the past three years. Upcoming Dividend • Sep 15
Upcoming dividend of ₹0.20 per share at 0.6% yield Eligible shareholders must have bought the stock before 22 September 2023. Payment date: 30 October 2023. Payout ratio is a comfortable 3.7% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (1.4%). Reported Earnings • Aug 11
First quarter 2024 earnings released: EPS: ₹1.03 (vs ₹1.23 in 1Q 2023) First quarter 2024 results: EPS: ₹1.03 (down from ₹1.23 in 1Q 2023). Revenue: ₹1.24b (up 52% from 1Q 2023). Net income: ₹30.1m (down 16% from 1Q 2023). Profit margin: 2.4% (down from 4.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 03
Lahoti Overseas Limited to Report Q1, 2024 Results on Aug 10, 2023 Lahoti Overseas Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Announcement • May 13
Lahoti Overseas Limited to Report Q4, 2023 Results on May 25, 2023 Lahoti Overseas Limited announced that they will report Q4, 2023 results on May 25, 2023 Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹31.99, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 28x in the Retail Distributors industry in India. Total returns to shareholders of 288% over the past three years. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹27.76, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 27x in the Retail Distributors industry in India. Total returns to shareholders of 245% over the past three years. Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹1.40 (vs ₹1.82 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.40 (down from ₹1.82 in 3Q 2022). Revenue: ₹678.9m (down 72% from 3Q 2022). Net income: ₹40.9m (down 23% from 3Q 2022). Profit margin: 6.0% (up from 2.2% 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 56% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Announcement • Feb 03
Lahoti Overseas Limited to Report Q3, 2023 Results on Feb 14, 2023 Lahoti Overseas Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Feb 14, 2023 Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹29.45, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 38x in the Retail Distributors industry in India. Total returns to shareholders of 207% over the past three years. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹2.27 (vs ₹2.01 in 2Q 2022) Second quarter 2023 results: EPS: ₹2.27 (up from ₹2.01 in 2Q 2022). Revenue: ₹880.1m (down 64% from 2Q 2022). Net income: ₹66.2m (up 12% from 2Q 2022). Profit margin: 7.5% (up from 2.4% in 2Q 2022). The increase in margin was 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 only increased by 43% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non Executive Woman Director Meghna Panchal was the last independent 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: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 15
Lahoti Overseas Limited Appoints Deep Shah as Company Secretary and Compliance Officer Lahoti Overseas Limited announced appointment of Deep Shah as Company Secretary and Compliance Officer of the Company. Mr. Deep Shah, who is an associate member of Institute. of Company Secretaries of India having Membership No. (A61488) and also Commerce Graduate. He is well versed with Corporate Laws, SEBI Laws, Listing Regulations and other allied Law having working experience of 3+ years of experience. Announcement • Nov 05
Lahoti Overseas Limited to Report Q2, 2023 Results on Nov 14, 2022 Lahoti Overseas Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Announcement • Oct 01
Lahoti Overseas Limited Declares Final Dividend for the Financial Year 2021-22 Lahoti Overseas Limited's announced at the AGM held on September 30, 2022, the shareholders declare the final dividend of INR 0.40 per equity share of the face value of INR 2, for the financial year 2021-22. Upcoming Dividend • Sep 16
Upcoming dividend of ₹0.40 per share Eligible shareholders must have bought the stock before 23 September 2022. Payment date: 29 October 2022. Payout ratio is a comfortable 5.0% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.8%). Announcement • Sep 04
Lahoti Overseas Limited Proposes Final Dividend for the Financial Year 2021-22, payable by October 29, 2022 Lahoti Overseas Limited proposed a final dividend at INR 0.40 (20%) per equity share of the face value of INR 2 for the financial year 2021-22, to the AGM to be held on September 30, 2022. Pursuant to Section 91 of the Companies Act, 201 the Register of Members and Share Transfer Book will remain closed from September 24, 2022, to September 30, 2022 (both days inclusive) for the purpose of determine entitlement of members to final dividend for the financial year ended on 31st March 2022. Final Dividend of Fiscal Year 2021-22, if approved by the Members at the upcoming AGM, will be paid by October 29, 2022, to those: Members whose name appears in the Register of Members of the Company as on the closing hours of September 23, 2022 ("Record Date"). Announcement • Aug 30
Lahoti Overseas Limited Announces Resignation of Akshita Jhawar as Company Secretary & Compliance Officer Lahoti Overseas Limited announced that Ms. Akshita Jhawar has resigned from the post of Company Secretary with effect from the August 29, 2022. Also Consequent to her resignation Ms. Akshita Jhawan also ceases to be the compliance officer of the company due to personal reason. Announcement • Aug 03
Lahoti Overseas Limited, Annual General Meeting, Sep 30, 2022 Lahoti Overseas Limited, Annual General Meeting, Sep 30, 2022, at 15:00 Indian Standard Time. Announcement • Jul 28
Lahoti Overseas Limited to Report Q1, 2023 Results on Aug 02, 2022 Lahoti Overseas Limited announced that they will report Q1, 2023 results on Aug 02, 2022 Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹38.75, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 44x in the Retail Distributors industry in India. Total returns to shareholders of 168% over the past three years. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 24% share price gain to ₹45.75, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 36x in the Retail Distributors industry in India. Total returns to shareholders of 172% over the past three years. Announcement • May 28
Lahoti Overseas Limited Recommends Dividend for Financial Year 2021-22 Lahoti Overseas Limited at its board meeting held on May 27, 2022 recommended dividend @20% (INR 0.40 per equity share) on Equity Shares having face value of INR 2 each for Financial Year 2021-22 subject to the approval of Shareholders in the upcoming Annual General Meeting. Announcement • May 21
Lahoti Overseas Limited to Report Q4, 2022 Results on May 27, 2022 Lahoti Overseas Limited announced that they will report Q4, 2022 results on May 27, 2022 Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 17% share price gain to ₹43.10, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 33x in the Retail Distributors industry in India. Total returns to shareholders of 138% over the past three years. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non Executive Woman Director Meghna Panchal was the last independent 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: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 25% share price gain to ₹36.30, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 36x in the Retail Distributors industry in India. Total returns to shareholders of 92% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹28.30, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 34x in the Retail Distributors industry in India. Total returns to shareholders of 41% over the past three years. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹1.82 (up from ₹0.71 in 3Q 2021). Revenue: ₹2.48b (up 83% from 3Q 2021). Net income: ₹53.2m (up 158% from 3Q 2021). Profit margin: 2.1% (up from 1.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 04
Lahoti Overseas Limited to Report Q3, 2022 Results on Feb 14, 2022 Lahoti Overseas Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 17% share price gain to ₹30.85, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 49x in the Retail Distributors industry in India. Total returns to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improved over the past week After last week's 18% share price gain to ₹28.95, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 44x in the Retail Distributors industry in India. Total returns to shareholders of 36% over the past three years. Upcoming Dividend • Sep 13
Upcoming dividend of ₹0.40 per share Eligible shareholders must have bought the stock before 20 September 2021. Payment date: 28 October 2021. Trailing yield: 1.7%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (1.0%). Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹1.31 (vs ₹1.18 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: ₹1.68b (up 154% from 1Q 2021). Net income: ₹38.3m (up 11% from 1Q 2021). Profit margin: 2.3% (down from 5.2% in 1Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Jul 04
Full year 2021 earnings released: EPS ₹2.82 (vs ₹1.85 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹4.78b (up 21% from FY 2020). Net income: ₹82.3m (up 52% from FY 2020). Profit margin: 1.7% (up from 1.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 27% share price gain to ₹24.35, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 59x in the Retail Distributors industry in India. Total returns to shareholders of 68% over the past three years. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improved over the past week After last week's 16% share price gain to ₹15.25, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 64x in the Retail Distributors industry in India. Total loss to shareholders of 17% over the past three years. Reported Earnings • Feb 15
Third quarter 2021 earnings released: EPS ₹0.71 (vs ₹0.44 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹1.35b (up 15% from 3Q 2020). Net income: ₹20.6m (up 61% from 3Q 2020). Profit margin: 1.5% (up from 1.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 13% per year. Announcement • Feb 04
Lahoti Overseas Limited to Report Q3, 2021 Results on Feb 12, 2021 Lahoti Overseas Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 35% share price gain to ₹19.70, the stock is trading at a trailing P/E ratio of 9.4x, up from the previous P/E ratio of 6.9x. 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 21%. Is New 90 Day High Low • Jan 05
New 90-day high: ₹16.50 The company is up 65% from its price of ₹10.00 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 Retail Distributors industry, which is up 15% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: ₹14.67 The company is up 54% from its price of ₹9.50 on 10 September 2020. The Indian market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is up 11% over the same period. Valuation Update With 7 Day Price Move • Nov 24
Market bids up stock over the past week After last week's 20% share price gain to ₹13.87, the stock is trading at a trailing P/E ratio of 6.6x, up from the previous P/E ratio of 5.5x. 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 41%. Is New 90 Day High Low • Nov 13
New 90-day high: ₹11.45 The company is up 28% from its price of ₹8.97 on 14 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is up 7.0% over the same period. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS ₹0.65 The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: ₹1.12b (up 46% from 2Q 2020). Net income: ₹19.0m (down 3.8% from 2Q 2020). Profit margin: 1.7% (down from 2.6% in 2Q 2020). The decrease in margin was driven by higher expenses. Announcement • Nov 10
Lahoti Overseas Limited, Annual General Meeting, Dec 28, 2020 Lahoti Overseas Limited, Annual General Meeting, Dec 28, 2020, at 15:00 Indian Standard Time. Is New 90 Day High Low • Oct 26
New 90-day high: ₹10.50 The company is up 5.0% from its price of ₹10.00 on 28 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 8.0% over the same period. Is New 90 Day High Low • Sep 30
New 90-day high: ₹10.40 The company is up 7.0% from its price of ₹9.70 on 02 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 11% over the same period. Announcement • Sep 10
Lahoti Overseas Limited to Report Q1, 2021 Results on Sep 15, 2020 Lahoti Overseas Limited announced that they will report Q1, 2021 results on Sep 15, 2020 Announcement • Jul 26
Lahoti Overseas Limited to Report Q4, 2020 Results on Jul 31, 2020 Lahoti Overseas Limited announced that they will report Q4, 2020 results on Jul 31, 2020 
