Tillkännagivande • 23h
Riba Textiles Limited to Report Q4, 2026 Results on May 29, 2026 Riba Textiles Limited announced that they will report Q4, 2026 results on May 29, 2026 New Risk • Apr 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% 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 Interest payments are not well covered by earnings (3.0x net interest cover). Market cap is less than US$10m (₹539.4m market cap, or US$5.78m). Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change). Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹50.18, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 44% over the past three years. New Risk • Feb 16
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 3.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. 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 (₹699.7m market cap, or US$7.71m). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: ₹1.22 (vs ₹2.13 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.22 (down from ₹2.13 in 3Q 2025). Revenue: ₹630.9m (down 17% from 3Q 2025). Net income: ₹11.8m (down 43% from 3Q 2025). Profit margin: 1.9% (down from 2.7% in 3Q 2025). The decrease in margin was driven by lower revenue. 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 24% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 13
Second quarter 2026 earnings released: EPS: ₹3.01 (vs ₹3.04 in 2Q 2025) Second quarter 2026 results: EPS: ₹3.01 (down from ₹3.04 in 2Q 2025). Revenue: ₹691.0m (down 10% from 2Q 2025). Net income: ₹29.1m (flat on 2Q 2025). Profit margin: 4.2% (up from 3.8% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Sep 03
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. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Parveen Goyal was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹0.75 (vs ₹1.17 in 1Q 2025) First quarter 2026 results: EPS: ₹0.75 (down from ₹1.17 in 1Q 2025). Revenue: ₹512.1m (down 16% from 1Q 2025). Net income: ₹7.22m (down 36% from 1Q 2025). Profit margin: 1.4% (down from 1.9% in 1Q 2025). The decrease in margin was driven by lower revenue. 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 29% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Aug 09
Riba Textiles Limited to Report Q1, 2026 Results on Aug 12, 2025 Riba Textiles Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹87.60, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 27x in the Luxury industry in India. Total returns to shareholders of 128% over the past three years. Reported Earnings • May 30
Full year 2025 earnings released: EPS: ₹8.81 (vs ₹8.20 in FY 2024) Full year 2025 results: EPS: ₹8.81 (up from ₹8.20 in FY 2024). Revenue: ₹2.96b (up 20% from FY 2024). Net income: ₹85.0m (up 7.4% from FY 2024). Profit margin: 2.9% (down from 3.2% 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 21% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • May 22
Riba Textiles Limited to Report Q4, 2025 Results on May 29, 2025 Riba Textiles Limited announced that they will report Q4, 2025 results on May 29, 2025 Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹73.92, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 77% over the past three years. Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹2.13 (vs ₹1.91 in 3Q 2024) Third quarter 2025 results: EPS: ₹2.13 (up from ₹1.91 in 3Q 2024). Revenue: ₹758.0m (up 35% from 3Q 2024). Net income: ₹20.5m (up 11% from 3Q 2024). Profit margin: 2.7% (down from 3.3% 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 25% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 06
Riba Textiles Limited to Report Q3, 2025 Results on Feb 13, 2025 Riba Textiles Limited announced that they will report Q3, 2025 results on Feb 13, 2025 New Risk • Jan 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹820.5m (US$9.47m) 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 Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Market cap is less than US$10m (₹820.5m market cap, or US$9.47m). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). New Risk • Dec 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 7.6% 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 Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹970.6m market cap, or US$11.4m). Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹3.04 (vs ₹2.77 in 2Q 2024) Second quarter 2025 results: EPS: ₹3.04 (up from ₹2.77 in 2Q 2024). Revenue: ₹771.4m (up 19% from 2Q 2024). Net income: ₹29.4m (up 10.0% from 2Q 2024). Profit margin: 3.8% (down from 4.1% 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 29% per year whereas the company’s share price has increased by 24% per year. Tillkännagivande • Nov 08
Riba Textiles Limited to Report Q2, 2025 Results on Nov 14, 2024 Riba Textiles Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹86.16, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 94% over the past three years. Tillkännagivande • Sep 09
Riba Textiles Limited, Annual General Meeting, Sep 30, 2024 Riba Textiles Limited, Annual General Meeting, Sep 30, 2024, at 09:30 Indian Standard Time. Reported Earnings • Aug 16
First quarter 2025 earnings released: EPS: ₹1.17 (vs ₹1.10 in 1Q 2024) First quarter 2025 results: EPS: ₹1.17 (up from ₹1.10 in 1Q 2024). Revenue: ₹608.7m (up 18% from 1Q 2024). Net income: ₹11.3m (up 6.6% from 1Q 2024). Profit margin: 1.9% (down from 2.1% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 23% per year. Tillkännagivande • Aug 06
Riba Textiles Limited to Report Q1, 2025 Results on Aug 14, 2024 Riba Textiles Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹87.94, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 28x in the Luxury industry in India. Total returns to shareholders of 52% over the past three years. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹77.33, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 27x in the Luxury industry in India. Total returns to shareholders of 43% over the past three years. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹8.20 (vs ₹7.67 in FY 2023) Full year 2024 results: EPS: ₹8.20 (up from ₹7.67 in FY 2023). Revenue: ₹2.47b (up 1.9% from FY 2023). Net income: ₹79.2m (up 7.0% from FY 2023). Profit margin: 3.2% (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 24% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Tillkännagivande • May 24
Riba Textiles Limited to Report Q4, 2024 Results on May 29, 2024 Riba Textiles Limited announced that they will report Q4, 2024 results on May 29, 2024 Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹85.86, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 62% over the past three years. Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹1.91 (vs ₹0.82 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.91 (up from ₹0.82 in 3Q 2023). Revenue: ₹564.1m (down 4.5% from 3Q 2023). Net income: ₹18.5m (up 134% from 3Q 2023). Profit margin: 3.3% (up from 1.3% in 3Q 2023). The increase in margin was driven by lower expenses. 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 11% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 07
Riba Textiles Limited to Report Q3, 2024 Results on Feb 13, 2024 Riba Textiles Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: ₹2.77 (vs ₹1.76 in 2Q 2023) Second quarter 2024 results: EPS: ₹2.77 (up from ₹1.76 in 2Q 2023). Revenue: ₹651.0m (up 15% from 2Q 2023). Net income: ₹26.7m (up 57% from 2Q 2023). Profit margin: 4.1% (up from 3.0% 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 7% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹72.69, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 133% over the past three years. Tillkännagivande • Nov 01
Riba Textiles Limited to Report Q2, 2024 Results on Nov 07, 2023 Riba Textiles Limited announced that they will report Q2, 2024 results on Nov 07, 2023 New Risk • Oct 30
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 8.1% 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 Interest payments are not well covered by earnings (3.0x net interest cover). Earnings have declined by 8.3% per year over the past 5 years. Market cap is less than US$10m (₹739.9m market cap, or US$8.89m). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹66.35, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 105% over the past three years. Tillkännagivande • Sep 07
Riba Textiles Limited, Annual General Meeting, Sep 30, 2023 Riba Textiles Limited, Annual General Meeting, Sep 30, 2023, at 10:00 Indian Standard Time. Agenda: To receive, consider and adopt the audited standalone financial statements of the company for the financial year ended march 31, 2023, together with the reports of the auditors and board of directors thereon; to appoint a director in place of mr. nitin garg who retires by rotation as per section 152(6) of companies act 2013 and being eligible, offers himself for re-appointment; and to consider other matter. New Risk • Aug 17
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 3.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. 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). Earnings have declined by 8.3% per year over the past 5 years. Market cap is less than US$10m (₹491.8m market cap, or US$5.91m). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Reported Earnings • Aug 16
First quarter 2024 earnings released: EPS: ₹1.10 (vs ₹1.10 in 1Q 2023) First quarter 2024 results: EPS: ₹1.10 (in line with 1Q 2023). Revenue: ₹516.7m (down 13% from 1Q 2023). Net income: ₹10.6m (flat on 1Q 2023). Profit margin: 2.1% (up from 1.8% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Tillkännagivande • Aug 05
Riba Textiles Limited to Report Q1, 2024 Results on Aug 14, 2023 Riba Textiles Limited announced that they will report Q1, 2024 results on Aug 14, 2023 New Risk • Jun 14
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 8.9% 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 Risks Earnings have declined by 8.3% per year over the past 5 years. Market cap is less than US$10m (₹585.8m market cap, or US$7.12m). Minor Risks High level of debt (73% net debt to equity). Share price has been volatile over the past 3 months (8.9% average weekly change). Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹60.69, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 18% over the past three years. Reported Earnings • Jun 03
Full year 2023 earnings released: EPS: ₹7.67 (vs ₹5.07 in FY 2022) Full year 2023 results: EPS: ₹7.67 (up from ₹5.07 in FY 2022). Revenue: ₹2.43b (up 3.5% from FY 2022). Net income: ₹74.0m (up 51% from FY 2022). Profit margin: 3.0% (up from 2.1% in FY 2022). The increase in margin was driven by higher revenue. 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 2% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹47.21, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 1.9% over the past three years. Tillkännagivande • May 21
Riba Textiles Limited to Report Q4, 2023 Results on May 29, 2023 Riba Textiles Limited announced that they will report Q4, 2023 results on May 29, 2023 Tillkännagivande • May 06
Riba Textiles Limited Announces Management Appointments Riba Textiles Limited announced at the board meeting held on May 5, 2023 that the company approved election of Mr. PK Goyal as member of audit committee, Nomination and Remuneration committee and Stakeholder relationship Committee; Mr. Navnish Mittal as chairman of Stakeholder relationship Committee and Mrs. Asha Garg as member of Stakeholder relationship Committee. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹35.85, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 12% over the past three years. Buying Opportunity • Mar 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 30%. The fair value is estimated to be ₹39.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has declined by 21%. Reported Earnings • Feb 14
Third quarter 2023 earnings released: EPS: ₹0.82 (vs ₹0.91 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.82 (down from ₹0.91 in 3Q 2022). Revenue: ₹591.3m (up 6.9% from 3Q 2022). Net income: ₹7.88m (down 11% from 3Q 2022). Profit margin: 1.3% (down from 1.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improved over the past week After last week's 17% share price gain to ₹47.45, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 49% over the past three years. Reported Earnings • Nov 19
Second quarter 2023 earnings released: EPS: ₹1.76 (vs ₹1.41 in 2Q 2022) Second quarter 2023 results: EPS: ₹1.76 (up from ₹1.41 in 2Q 2022). Revenue: ₹568.4m (down 3.4% from 2Q 2022). Net income: ₹17.0m (up 26% from 2Q 2022). Profit margin: 3.0% (up from 2.3% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment improved over the past week After last week's 17% share price gain to ₹45.70, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 14x in the Luxury industry in India. Total loss to shareholders of 3.9% over the past three years. Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: ₹1.10 (vs ₹1.43 in 1Q 2022) First quarter 2023 results: EPS: ₹1.10 (down from ₹1.43 in 1Q 2022). Revenue: ₹596.8m (up 37% from 1Q 2022). Net income: ₹10.6m (down 23% from 1Q 2022). Profit margin: 1.8% (down from 3.2% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Tillkännagivande • Aug 03
Riba Textiles Limited to Report Q1, 2023 Results on Aug 09, 2022 Riba Textiles Limited announced that they will report Q1, 2023 results on Aug 09, 2022 Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 16% share price gain to ₹44.60, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 13x in the Luxury industry in India. Total loss to shareholders of 46% over the past three years. Tillkännagivande • Apr 05
Riba Textiles Limited Announces Resignation of Prem Singh Paliwal as Non-Executive Independent Director Riba Textiles Limited announced that Mr. Prem Singh Paliwal has resigned from the position of the “Non-Executive Independent Director” of the Company with effect from April 1, 2022. Board Change • Feb 13
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. 3 experienced directors. 3 highly experienced directors. Additional Independent Director Shyam Miglani was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.91 (up from ₹0.52 in 3Q 2021). Revenue: ₹554.7m (up 5.1% from 3Q 2021). Net income: ₹8.82m (up 77% from 3Q 2021). Profit margin: 1.6% (up from 0.9% 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 fallen by 23% per year whereas the company’s share price has fallen by 22% per year. Reported Earnings • Nov 18
Second quarter 2022 earnings released: EPS ₹1.41 (vs ₹3.64 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹588.9m (up 13% from 2Q 2021). Net income: ₹13.6m (down 61% from 2Q 2021). Profit margin: 2.3% (down from 6.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Board Change • Oct 31
High number of new directors Additional Independent Director Shyam Miglani was the last director to join the board, commencing their role in 2021. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improved over the past week After last week's 17% share price gain to ₹41.60, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 19x in the Luxury industry in India. Total loss to shareholders of 58% over the past three years. Board Change • Jul 31
High number of new directors Chiarperson Asha Garg was the last director to join the board, commencing their role in 2021. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹48.70, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 21x in the Luxury industry in India. Total loss to shareholders of 36% over the past three years. Reported Earnings • Jul 03
Full year 2021 earnings released: EPS ₹6.10 (vs ₹6.98 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: ₹1.90b (up 7.6% from FY 2020). Net income: ₹58.8m (down 13% from FY 2020). Profit margin: 3.1% (down from 3.8% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improved over the past week After last week's 16% share price gain to ₹58.90, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 17x in the Luxury industry in India. Total loss to shareholders of 33% over the past three years. Executive Departure • Mar 09
Independent Non-Executive Director has left the company On the 28th of February, Suraj Mal's tenure as Independent Non-Executive Director ended after 4.9 years in the role. We don't have any record of a personal shareholding under Suraj's name. Suraj is the only executive to leave the company over the last 12 months. Tillkännagivande • Mar 03
Riba Textiles Limited Announces Resignation of Suraj Mal as Non-Executive Independent Director Riba Textiles Limited announced that the resignation of Mr. Suraj Mal has resigned from the position of the Non-Executive Independent Director of the company with effect from February 28, 2021. Reported Earnings • Feb 17
Third quarter 2021 earnings released: EPS ₹0.52 (vs ₹2.30 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ₹527.8m (up 45% from 3Q 2020). Net income: ₹4.99m (down 78% from 3Q 2020). Profit margin: 0.9% (down from 6.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 05
Riba Textiles Limited to Report Q3, 2021 Results on Feb 12, 2021 Riba Textiles Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Jan 25
New 90-day high: ₹66.70 The company is up 104% from its price of ₹32.70 on 27 October 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: ₹59.05 The company is up 70% from its price of ₹34.80 on 01 October 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 25% over the same period. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improved over the past week After last week's 20% share price gain to ₹44.65, the stock is trading at a trailing P/E ratio of 5.6x, up from the previous P/E ratio of 4.7x. This compares to an average P/E of 19x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 61%. Is New 90 Day High Low • Dec 12
New 90-day high: ₹37.95 The company is up 13% from its price of ₹33.55 on 11 September 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 22% over the same period. Is New 90 Day High Low • Oct 22
New 90-day low: ₹32.15 The company is down 31% from its price of ₹46.45 on 24 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 13% over the same period. Tillkännagivande • Aug 23
Riba Textiles Limited to Report Q1, 2021 Results on Aug 31, 2020 Riba Textiles Limited announced that they will report Q1, 2021 results on Aug 31, 2020