Reported Earnings • May 28
Full year 2026 earnings released: EPS: ₹0.05 (vs ₹0.053 in FY 2025) Full year 2026 results: EPS: ₹0.05 (down from ₹0.053 in FY 2025). Revenue: ₹914.5m (up 27% from FY 2025). Net income: ₹22.9m (flat on FY 2025). Profit margin: 2.5% (down from 3.2% in FY 2025). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • May 22
Mittal Life Style Limited to Report Q4, 2026 Results on May 26, 2026 Mittal Life Style Limited announced that they will report Q4, 2026 results on May 26, 2026 Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹1.07, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 26x in the Retail Distributors industry in India. Total loss to shareholders of 21% over the past three years. New Risk • Mar 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 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 Risks Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Market cap is less than US$10m (₹377.3m market cap, or US$4.08m). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Large one-off items impacting financial results. Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: ₹0.02 (vs ₹0.01 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.02 (up from ₹0.01 in 3Q 2025). Revenue: ₹215.1m (up 20% from 3Q 2025). Net income: ₹8.32m (up 147% from 3Q 2025). Profit margin: 3.9% (up from 1.9% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Jan 29
Mittal Life Style Limited to Report Q3, 2026 Results on Feb 09, 2026 Mittal Life Style Limited announced that they will report Q3, 2026 results on Feb 09, 2026 New Risk • Nov 19
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (25% accrual ratio). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Market cap is less than US$10m (₹594.8m market cap, or US$6.72m). Minor Risk Profit margins are more than 30% lower than last year (2.5% net profit margin). New Risk • Sep 25
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major 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 Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Market cap is less than US$10m (₹719.1m market cap, or US$8.11m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.0% net profit margin). Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: ₹0.001 (vs ₹0.03 in 1Q 2025) First quarter 2026 results: EPS: ₹0.001 (down from ₹0.03 in 1Q 2025). Revenue: ₹216.7m (up 63% from 1Q 2025). Net income: ₹342.0k (down 97% from 1Q 2025). Profit margin: 0.2% (down from 7.4% 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 50% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1.71, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 30x in the Retail Distributors industry in India. Total returns to shareholders of 80% over the past three years. Announcement • Jun 12
Mittal Life Style Limited, Annual General Meeting, Jul 07, 2025 Mittal Life Style Limited, Annual General Meeting, Jul 07, 2025, at 11:30 Indian Standard Time. Reported Earnings • Jan 23
Third quarter 2025 earnings released: EPS: ₹0.01 (vs ₹0.02 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.01 (down from ₹0.02 in 3Q 2024). Revenue: ₹180.7m (up 32% from 3Q 2024). Net income: ₹3.37m (flat on 3Q 2024). Profit margin: 1.9% (down from 2.5% 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 43% 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 • Dec 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹2.49, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 37x 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 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹2.07, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 35x in the Retail Distributors industry in India. Total returns to shareholders of 143% over the past three years. New Risk • Nov 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% 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 Market cap is less than US$10m (₹591.9m market cap, or US$7.01m). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Large one-off items impacting financial results. Reported Earnings • Nov 14
Second quarter 2025 earnings released: EPS: ₹0.01 (vs ₹0.04 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.01. Revenue: ₹195.1m (down 9.2% from 2Q 2024). Net income: ₹4.41m (up 371% from 2Q 2024). Profit margin: 2.3% (up from 0.4% in 2Q 2024). Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹2.33, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 41x in the Retail Distributors industry in India. Total returns to shareholders of 148% over the past three years. Reported Earnings • Jul 26
First quarter 2025 earnings released: EPS: ₹0.03 (vs ₹0.026 in 1Q 2024) First quarter 2025 results: EPS: ₹0.03 (up from ₹0.026 in 1Q 2024). Revenue: ₹143.1m (down 7.1% from 1Q 2024). Net income: ₹9.87m (up 185% from 1Q 2024). Profit margin: 6.9% (up from 2.2% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹2.41, the stock trades at a trailing P/E ratio of 41.6x. Average trailing P/E is 44x in the Retail Distributors industry in India. Total returns to shareholders of 132% over the past three years. Announcement • May 25
Mittal Life Style Limited, Annual General Meeting, Jun 15, 2024 Mittal Life Style Limited, Annual General Meeting, Jun 15, 2024, at 11:30 Indian Standard Time. Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹1.75, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 33x in the Retail Distributors industry in India. Total returns to shareholders of 107% over the past three years. New Risk • May 08
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 19% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Market cap is less than US$10m (₹458.7m market cap, or US$5.49m). Reported Earnings • May 08
Full year 2024 earnings released: EPS: ₹0.063 (vs ₹0.018 in FY 2023) Full year 2024 results: EPS: ₹0.063 (up from ₹0.018 in FY 2023). Revenue: ₹688.9m (up 8.4% from FY 2023). Net income: ₹17.2m (up 226% from FY 2023). Profit margin: 2.5% (up from 0.8% 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 38% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1.80, the stock trades at a trailing P/E ratio of 49.9x. Average trailing P/E is 39x in the Retail Distributors industry in India. Total returns to shareholders of 110% over the past three years. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹2.05, the stock trades at a trailing P/E ratio of 56.8x. Average trailing P/E is 38x in the Retail Distributors industry in India. Total returns to shareholders of 127% over the past three years. Recent Insider Transactions • Feb 15
Executive Chairman & MD recently sold ₹7.8m worth of stock On the 7th of February, Brijeshkumar Mittal sold around 3m shares on-market at roughly ₹2.68 per share. This transaction amounted to 5.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Brijeshkumar has been a net seller over the last 12 months, reducing personal holdings by ₹50m. New Risk • Feb 07
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 Risks Earnings have declined by 32% per year over the past 5 years. Shareholders have been substantially diluted in the past year (98% increase in shares outstanding). Market cap is less than US$10m (₹799.0m market cap, or US$9.63m). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Large one-off items impacting financial results. Significant insider selling over the past 3 months (₹42m sold). Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹2.70, the stock trades at a trailing P/E ratio of 74.8x. Average trailing P/E is 43x in the Retail Distributors industry in India. Total returns to shareholders of 186% over the past three years. Recent Insider Transactions • Jan 22
Executive Chairman & MD recently sold ₹3.3m worth of stock On the 20th of January, Brijeshkumar Mittal sold around 1m shares on-market at roughly ₹2.25 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Brijeshkumar has been a net seller over the last 12 months, reducing personal holdings by ₹37m. Reported Earnings • Jan 18
Third quarter 2024 earnings released: EPS: ₹0.02 (vs ₹0.015 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.02 (up from ₹0.015 in 3Q 2023). Revenue: ₹137.0m (down 1.2% from 3Q 2023). Net income: ₹3.39m (up 54% from 3Q 2023). Profit margin: 2.5% (up from 1.6% in 3Q 2023). 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 25% per year, which means it is well ahead of earnings. Recent Insider Transactions • Jan 02
CFO & Executive Director recently sold ₹1.1m worth of stock On the 27th of December, Pratik Mittal sold around 552k shares on-market at roughly ₹2.05 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹2.9m. Pratik has been a net seller over the last 12 months, reducing personal holdings by ₹13m. Recent Insider Transactions • Dec 07
Executive Chairman & MD recently sold ₹1.5m worth of stock On the 4th of December, Brijeshkumar Mittal sold around 846k shares on-market at roughly ₹1.75 per share. This transaction amounted to 3.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹2.1m. Brijeshkumar has been a net seller over the last 12 months, reducing personal holdings by ₹25m. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment deteriorates as stock falls 90% After last week's 90% share price decline to ₹1.80, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 36x in the Retail Distributors industry in India. Total loss to shareholders of 84% over the past three years. Recent Insider Transactions • Oct 19
Non Executive Woman Director recently sold ₹1.5m worth of stock On the 16th of October, Sudha Mittal sold around 85k shares on-market at roughly ₹17.95 per share. This transaction amounted to 7.2% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹2.1m. Insiders have been net sellers, collectively disposing of ₹30m more than they bought in the last 12 months. Recent Insider Transactions • Sep 30
Non Executive Woman Director recently sold ₹705k worth of stock On the 27th of September, Sudha Mittal sold around 42k shares on-market at roughly ₹16.96 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹2.1m. Insiders have been net sellers, collectively disposing of ₹26m more than they bought in the last 12 months. Recent Insider Transactions • Aug 24
CFO & Executive Director recently sold ₹200k worth of stock On the 21st of August, Pratik Mittal sold around 13k shares on-market at roughly ₹16.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹1.8m. This was Pratik's only on-market trade for the last 12 months. Recent Insider Transactions • Jul 22
Executive Chairman & MD recently sold ₹1.1m worth of stock On the 19th of July, Brijeshkumar Mittal sold around 75k shares on-market at roughly ₹14.15 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹1.8m. Brijeshkumar has been a net seller over the last 12 months, reducing personal holdings by ₹8.9m. Reported Earnings • Jul 15
First quarter 2024 earnings released: EPS: ₹0.26 (vs ₹0.01 in 1Q 2023) First quarter 2024 results: EPS: ₹0.26 (up from ₹0.01 in 1Q 2023). Revenue: ₹154.0m (flat on 1Q 2023). Net income: ₹3.46m (up ₹3.33m from 1Q 2023). Profit margin: 2.2% (up from 0.1% in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Jul 03
Executive Chairman & MD recently sold ₹1.8m worth of stock On the 30th of June, Brijeshkumar Mittal sold around 126k shares on-market at roughly ₹14.14 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Brijeshkumar has been a net seller over the last 12 months, reducing personal holdings by ₹7.8m. Recent Insider Transactions • Jun 10
Executive Chairman & MD recently sold ₹650k worth of stock On the 7th of June, Brijeshkumar Mittal sold around 50k shares on-market at roughly ₹13.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹1.5m. Brijeshkumar has been a net seller over the last 12 months, reducing personal holdings by ₹4.0m. Recent Insider Transactions • May 29
Executive Chairman & MD recently sold ₹1.5m worth of stock On the 25th of May, Brijeshkumar Mittal sold around 100k shares on-market at roughly ₹14.52 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Brijeshkumar has been a net seller over the last 12 months, reducing personal holdings by ₹3.3m. Recent Insider Transactions • May 13
Executive Chairman & MD recently sold ₹1.1m worth of stock On the 11th of May, Brijeshkumar Mittal sold around 92k shares on-market at roughly ₹12.38 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Brijeshkumar's only on-market trade for the last 12 months. Reported Earnings • May 04
Full year 2023 earnings released: EPS: ₹0.18 (vs ₹0.12 in FY 2022) Full year 2023 results: EPS: ₹0.18 (up from ₹0.12 in FY 2022). Revenue: ₹635.7m (up 23% from FY 2022). Net income: ₹5.26m (up 193% from FY 2022). Profit margin: 0.8% (up from 0.3% in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance. Board Change • May 02
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. 4 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Vishnu Sharma was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jan 14
Third quarter 2023 earnings released: EPS: ₹0.15 (vs ₹0.08 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.15 (up from ₹0.08 in 3Q 2022). Revenue: ₹138.6m (up 12% from 3Q 2022). Net income: ₹2.21m (up 110% from 3Q 2022). Profit margin: 1.6% (up from 0.9% in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 11
Second quarter 2023 earnings released: EPS: ₹0.001 (vs ₹0.06 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.001 (down from ₹0.06 in 2Q 2022). Revenue: ₹165.5m (down 17% from 2Q 2022). Net income: ₹20.0k (down 97% from 2Q 2022). Profit margin: 0% (down from 0.4% in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance. Announcement • Aug 06
Mittal Life Style Limited, Annual General Meeting, Aug 27, 2022 Mittal Life Style Limited, Annual General Meeting, Aug 27, 2022, at 11:30 Indian Standard Time. Location: Unit No. 8/9, Ravikiran, Ground Floor, New Link Road, Andheri Mumbai Maharashtra India Agenda: To receive, consider and adopt the Audited Financial Statements of the company for the Financial Year ended 31 March 2022 and the Reports of the Board of Directors and the Auditors thereon; to appoint a Director in place of Mr. Pratik Brijeshkumar Mittal who retires by rotation and being eligible offers himself for reappointment; and to discuss other matters. Reported Earnings • Aug 04
First quarter 2023 earnings released: EPS: ₹0.01 (vs ₹0.018 in 1Q 2022) First quarter 2023 results: EPS: ₹0.01 (down from ₹0.018 in 1Q 2022). Revenue: ₹154.2m (up 140% from 1Q 2022). Net income: ₹131.0k (down 52% from 1Q 2022). Profit margin: 0.1% (down from 0.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 30 percentage points per year, which is a significant difference in performance. Reported Earnings • May 28
Full year 2022 earnings released: EPS: ₹0.14 (vs ₹0.20 in FY 2021) Full year 2022 results: EPS: ₹0.14 (down from ₹0.20 in FY 2021). Revenue: ₹525.5m (flat on FY 2021). Net income: ₹1.79m (down 31% from FY 2021). Profit margin: 0.3% (down from 0.5% in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 13 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 15% share price gain to ₹17.15, the stock trades at a trailing P/E ratio of 78x. Average trailing P/E is 32x in the Retail Distributors industry in India. Total loss to shareholders of 71% over the past three years. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.08 (up from ₹0.055 in 3Q 2021). Revenue: ₹123.5m (down 29% from 3Q 2021). Net income: ₹1.05m (up 51% from 3Q 2021). Profit margin: 0.9% (up from 0.4% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 35% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improved over the past week After last week's 24% share price gain to ₹12.40, the stock trades at a trailing P/E ratio of 54.6x. Average trailing P/E is 46x in the Retail Distributors industry in India. Total loss to shareholders of 34% over the past three years. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹9.05, the stock trades at a trailing P/E ratio of 44.6x. Average trailing P/E is 47x in the Retail Distributors industry in India. Total loss to shareholders of 35% over the past three years. Reported Earnings • Jul 28
First quarter 2022 earnings released The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: ₹64.2m (up 41% from 1Q 2021). Net income: ₹275.0k (down 14% from 1Q 2021). Profit margin: 0.4% (down from 0.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 23
Full year 2021 earnings released: EPS ₹0.23 (vs ₹1.30 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹532.2m (down 46% from FY 2020). Net income: ₹2.61m (down 83% from FY 2020). Profit margin: 0.5% (down from 1.6% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% 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. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improved over the past week After last week's 20% share price gain to ₹12.10, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 62x in the Retail Distributors industry in India. Total loss to shareholders of 4.3% over the past three years. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹8.55, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 57x in the Retail Distributors industry in India. Total loss to shareholders of 31% over the past three years. Recent Insider Transactions • Mar 04
Executive Chairman & MD recently sold ₹468k worth of stock On the 1st of March, Brijeshkumar Mittal sold around 43k shares on-market at roughly ₹10.88 per share. In the last 3 months, they made an even bigger sale worth ₹728k. Brijeshkumar has been a seller over the last 12 months, reducing personal holdings by ₹84m. Is New 90 Day High Low • Mar 02
New 90-day low: ₹10.75 The company is down 20% from its price of ₹13.40 on 02 December 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 22% over the same period. Recent Insider Transactions • Feb 01
Executive Chairman & MD recently sold ₹238k worth of stock On the 29th of January, Brijeshkumar Mittal sold around 21k shares on-market at roughly ₹11.32 per share. In the last 3 months, they made an even bigger sale worth ₹728k. Brijeshkumar has been a seller over the last 12 months, reducing personal holdings by ₹82m. Recent Insider Transactions • Jan 15
Executive Chairman & MD recently sold ₹330k worth of stock On the 11th of January, Brijeshkumar Mittal sold around 21k shares on-market at roughly ₹15.73 per share. In the last 3 months, they made an even bigger sale worth ₹475k. Brijeshkumar has been a seller over the last 12 months, reducing personal holdings by ₹79m. Reported Earnings • Jan 09
Third quarter 2021 earnings released: EPS ₹0.06 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹178.4m (down 31% from 3Q 2020). Net income: ₹699.0k (down 88% from 3Q 2020). Profit margin: 0.4% (down from 2.3% in 3Q 2020). The decrease in margin was driven by lower revenue. Recent Insider Transactions • Jan 06
Executive Chairman & MD recently sold ₹580k worth of stock On the 30th of December, Brijeshkumar Mittal sold around 55k shares on-market at roughly ₹10.55 per share. This was the largest sale by an insider in the last 3 months. Brijeshkumar has been a seller over the last 12 months, reducing personal holdings by ₹79m. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 18% share price gain to ₹13.00, the stock is trading at a trailing P/E ratio of 12.1x, up from the previous P/E ratio of 10.3x. This compares to an average P/E of 34x in the Retail Distributors industry in India. Total return to shareholders over the past year is a loss of 87%. Is New 90 Day High Low • Dec 30
New 90-day low: ₹10.85 The company is down 47% from its price of ₹20.50 on 01 October 2020. The Indian market is up 21% 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. Recent Insider Transactions • Dec 26
Executive Chairman & MD recently sold ₹358k worth of stock On the 23rd of December, Brijeshkumar Mittal sold around 30k shares on-market at roughly ₹11.94 per share. This was the largest sale by an insider in the last 3 months. Brijeshkumar has been a seller over the last 12 months, reducing personal holdings by ₹77m. Valuation Update With 7 Day Price Move • Nov 13
Market bids up stock over the past week After last week's 26% share price gain to ₹13.75, the stock is trading at a trailing P/E ratio of 12.8x, up from the previous P/E ratio of 10.2x. This compares to an average P/E of 28x in the Retail Distributors industry in India. Total return to shareholders over the past year is a loss of 87%. Valuation Update With 7 Day Price Move • Oct 30
Market pulls back on stock over the past week After last week's 20% share price decline to ₹13.50, the stock is trading at a trailing P/E ratio of 12.6x, down from the previous P/E ratio of 15.8x. This compares to an average P/E of 27x in the Retail Distributors industry in India. Total return to shareholders over the past year is a loss of 87%. Reported Earnings • Oct 13
First half earnings released Over the last 12 months the company has reported total profits of ₹12.3m, down 11% from the prior year. Total revenue was ₹644.2m over the last 12 months, down 31% from the prior year. Is New 90 Day High Low • Oct 12
New 90-day low: ₹19.20 The company is down 75% from its price of ₹78.25 on 14 July 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 14% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: ₹21.90 The company is down 85% from its price of ₹144 on 26 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 Retail Distributors industry, which is up 4.0% over the same period. Announcement • Sep 20
Mittal Life Style Limited to Report Q4, 2020 Results on May 29, 2020 Mittal Life Style Limited announced that they will report Q4, 2020 results on May 29, 2020 Announcement • Sep 19
Mittal Life Style Limited Starts Manufacturing the Garments Mittal Life Style Limited has started the manufacturing of Garments under trademark registered with the name "McAllen Paris" and "Gericho London". Announcement • Sep 06
Mittal Life Style Limited to Report Q1, 2021 Results on Sep 04, 2020 Mittal Life Style Limited announced that they will report Q1, 2021 results on Sep 04, 2020 
