New Risk • Jul 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹942.3m (US$9.86m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (24% accrual ratio). Market cap is less than US$10m (₹942.3m market cap, or US$9.86m). Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹43.89, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 19% over the past three years. Tillkännagivande • Jul 28
Anand Rayons Limited to Report Q1, 2027 Results on Aug 11, 2026 Anand Rayons Limited announced that they will report Q1, 2027 results on Aug 11, 2026 Tillkännagivande • Jun 20
Anand Rayons Limited Announces Constitution of the Corporate Social Responsibility (CSR) Committee Anand Rayons Limited at its meeting of the Board of Directors held on June 18, 2026 approved the constitution of the Corporate Social Responsibility (CSR) Committee comprising Mrs. Jigisha Chorawala as Chairperson, Mr. Anand Bakshi as Member, and Mr. Anil Merchant as Member. The CSR Committee shall discharge its functions and responsibilities in accordance with Section 135 of the Companies Act, 2013 and the Corporate Social Responsibility Policy Rules, 2014. New Risk • Jun 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹929.9m (US$9.72m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (24% accrual ratio). Market cap is less than US$10m (₹929.9m market cap, or US$9.72m). Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹43.31, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 12% over the past three years. Reported Earnings • May 23
Full year 2026 earnings released: EPS: ₹3.36 (vs ₹1.89 in FY 2025) Full year 2026 results: EPS: ₹3.36 (up from ₹1.89 in FY 2025). Revenue: ₹4.35b (up 39% from FY 2025). Net income: ₹72.5m (up 109% from FY 2025). Profit margin: 1.7% (up from 1.1% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year. Tillkännagivande • May 06
Anand Rayons Limited to Report Q4, 2026 Results on May 22, 2026 Anand Rayons Limited announced that they will report Q4, 2026 results on May 22, 2026 Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹71.25, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 88% over the past three years. Buy Or Sell Opportunity • Feb 24
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 67% to ₹131. The fair value is estimated to be ₹169, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 10%. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹198, the stock trades at a trailing P/E ratio of 51.5x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 289% over the past three years. New Risk • Feb 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% 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: Major Risk Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (₹4.71b market cap, or US$52.0m). Reported Earnings • Feb 06
Third quarter 2026 earnings released: EPS: ₹2.11 (vs ₹0.54 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.11 (up from ₹0.54 in 3Q 2025). Revenue: ₹1.27b (up 71% from 3Q 2025). Net income: ₹45.0m (up 454% from 3Q 2025). Profit margin: 3.5% (up from 1.1% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jan 29
Anand Rayons Limited to Report Q3, 2026 Results on Feb 05, 2026 Anand Rayons Limited announced that they will report Q3, 2026 results on Feb 05, 2026 Reported Earnings • Nov 11
Second quarter 2026 earnings released: EPS: ₹0.70 (vs ₹0.71 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.70. Revenue: ₹1.13b (up 36% from 2Q 2025). Net income: ₹15.0m (up 40% from 2Q 2025). Profit margin: 1.3% (in line with 2Q 2025). New Risk • Nov 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.67b (US$97.7m) This is considered a minor 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 Risk Shareholders have been substantially diluted in the past year (42% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₹8.67b market cap, or US$97.7m). Tillkännagivande • Oct 31
Anand Rayons Limited to Report Q2, 2026 Results on Nov 10, 2025 Anand Rayons Limited announced that they will report Q2, 2026 results at 9:15 AM, Indian Standard Time on Nov 10, 2025 Tillkännagivande • Aug 11
Anand Rayons Limited, Annual General Meeting, Sep 04, 2025 Anand Rayons Limited, Annual General Meeting, Sep 04, 2025, at 15:00 Indian Standard Time. Reported Earnings • Aug 06
First quarter 2026 earnings released: EPS: ₹0.56 (vs ₹0.35 in 1Q 2025) First quarter 2026 results: EPS: ₹0.56 (up from ₹0.35 in 1Q 2025). Revenue: ₹762.6m (up 8.5% from 1Q 2025). Net income: ₹11.8m (up 125% from 1Q 2025). Profit margin: 1.5% (up from 0.7% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 74% per year, which means it is well ahead of earnings. Tillkännagivande • Jul 29
Anand Rayons Limited to Report Q1, 2026 Results on Aug 05, 2025 Anand Rayons Limited announced that they will report Q1, 2026 results on Aug 05, 2025 Reported Earnings • May 28
Full year 2025 earnings released: EPS: ₹1.89 (vs ₹2.09 in FY 2024) Full year 2025 results: EPS: ₹1.89. Revenue: ₹3.14b (down 8.8% from FY 2024). Net income: ₹34.7m (up 11% from FY 2024). Profit margin: 1.1% (up from 0.9% in FY 2024). The increase in margin was driven by lower expenses. Tillkännagivande • May 17
Anand Rayons Limited to Report Q4, 2025 Results on May 26, 2025 Anand Rayons Limited announced that they will report Q4, 2025 results at 9:15 AM, Indian Standard Time on May 26, 2025 New Risk • May 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% 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 Interest payments are not well covered by earnings (2.9x net interest cover). Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₹4.97b market cap, or US$58.1m). New Risk • Feb 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risks Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (₹3.68b market cap, or US$42.5m). Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: ₹0.54 (vs ₹0.49 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.54 (up from ₹0.49 in 3Q 2024). Revenue: ₹746.5m (down 18% from 3Q 2024). Net income: ₹8.12m (up 11% from 3Q 2024). Profit margin: 1.1% (up from 0.8% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Tillkännagivande • Jan 30
Anand Rayons Limited to Report Q3, 2025 Results on Feb 07, 2025 Anand Rayons Limited announced that they will report Q3, 2025 results on Feb 07, 2025 Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹86.39, the stock trades at a trailing P/E ratio of 41.3x. Average trailing P/E is 30x in the Luxury industry in India. Total loss to shareholders of 66% over the past three years. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹54.50, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 28x in the Luxury industry in India. Total loss to shareholders of 73% over the past three years. Reported Earnings • Nov 01
Second quarter 2025 earnings released: EPS: ₹0.71 (vs ₹0.44 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.71 (up from ₹0.44 in 2Q 2024). Revenue: ₹829.5m (down 1.4% from 2Q 2024). Net income: ₹10.7m (up 61% from 2Q 2024). Profit margin: 1.3% (up from 0.8% in 2Q 2024). 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 fallen by 36% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Oct 28
Anand Rayons Limited Appoints Jigisha Chorawala, as Non-Executive Director Anand Rayons Limited at its board held on October 28, 2024 appointed Jigisha Chorawala, as non-executive director of Company. Recent Insider Transactions • Sep 17
Founder recently bought ₹1.2m worth of stock On the 13th of September, Anand Bakshi bought around 25k shares on-market at roughly ₹49.07 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 purchase worth ₹1.3m. Anand has been a buyer over the last 12 months, purchasing a net total of ₹2.5m worth in shares. Recent Insider Transactions • Aug 31
Founder recently bought ₹1.3m worth of stock On the 30th of August, Anand Bakshi bought around 27k shares on-market at roughly ₹46.49 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Anand's only on-market trade for the last 12 months. Reported Earnings • Aug 07
Full year 2024 earnings released: EPS: ₹2.09 (vs ₹2.10 in FY 2023) Full year 2024 results: EPS: ₹2.09 (down from ₹2.10 in FY 2023). Revenue: ₹3.44b (up 2.3% from FY 2023). Net income: ₹31.3m (flat on FY 2023). Profit margin: 0.9% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 29
Full year 2024 earnings released: EPS: ₹2.09 (vs ₹2.11 in FY 2023) Full year 2024 results: EPS: ₹2.09 (down from ₹2.11 in FY 2023). Revenue: ₹3.44b (up 2.3% from FY 2023). Net income: ₹31.3m (flat on FY 2023). Profit margin: 0.9% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year. Tillkännagivande • May 17
Anand Rayons Limited to Report Q4, 2024 Results on May 28, 2024 Anand Rayons Limited announced that they will report Q4, 2024 results on May 28, 2024 Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to ₹45.35, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 44% over the past three years. New Risk • Feb 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.4% operating cash flow to total debt). Market cap is less than US$10m (₹775.3m market cap, or US$9.34m). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Reported Earnings • Feb 03
Third quarter 2024 earnings released: EPS: ₹0.49 (vs ₹0.35 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.49 (up from ₹0.35 in 3Q 2023). Revenue: ₹906.1m (up 26% from 3Q 2023). Net income: ₹7.31m (up 41% from 3Q 2023). Profit margin: 0.8% (up from 0.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jan 26
Anand Rayons Limited to Report Nine Months, 2024 Results on Feb 02, 2024 Anand Rayons Limited announced that they will report nine months, 2024 results on Feb 02, 2024 Reported Earnings • Nov 04
Second quarter 2024 earnings released: EPS: ₹0.44 (vs ₹0.44 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.44 (in line with 2Q 2023). Revenue: ₹845.5m (down 7.0% from 2Q 2023). Net income: ₹6.63m (up 1.3% from 2Q 2023). Profit margin: 0.8% (up from 0.7% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Oct 26
Anand Rayons Limited to Report Q2, 2024 Results on Nov 02, 2023 Anand Rayons Limited announced that they will report Q2, 2024 results on Nov 02, 2023 Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹46.56, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 43% over the past three years. Tillkännagivande • Aug 25
Anand Rayons Limited, Annual General Meeting, Sep 21, 2023 Anand Rayons Limited, Annual General Meeting, Sep 21, 2023, at 15:00 Indian Standard Time. Agenda: To consider and adopt the Financial Statements of the company including Audited Balance Sheet as at March 31, 2023, the statement of Profit & Loss Account for the financial year ended as on the date and the Cash flow Statement together with the report of the Board of Directors & Report of Auditors thereon; to consider re appointment of director in place of Mrs. Hema Mishra who retires by rotation and being eligible, offers herself for re-appointment; and to consider and approve increment in the Authorized Share Capital of the Company and amend the Capital clause in the Memorandum of Association. Recent Insider Transactions • Aug 19
Founder recently bought ₹3.4m worth of stock On the 18th of August, Anand Bakshi bought around 82k shares on-market at roughly ₹41.72 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Anand's only on-market trade for the last 12 months. Reported Earnings • Aug 11
First quarter 2024 earnings released: EPS: ₹0.62 (vs ₹0.74 in 1Q 2023) First quarter 2024 results: EPS: ₹0.62 (down from ₹0.74 in 1Q 2023). Revenue: ₹745.4m (down 15% from 1Q 2023). Net income: ₹9.24m (down 17% from 1Q 2023). Profit margin: 1.2% (down from 1.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Tillkännagivande • Jul 28
Anand Rayons Limited to Report Q1, 2024 Results on Aug 10, 2023 Anand Rayons Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 31
Full year 2023 earnings released: EPS: ₹2.10 (vs ₹1.96 in FY 2022) Full year 2023 results: EPS: ₹2.10 (up from ₹1.96 in FY 2022). Revenue: ₹3.37b (flat on FY 2022). Net income: ₹31.6m (up 7.4% from FY 2022). Profit margin: 0.9% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Tillkännagivande • May 19
Anand Rayons Limited to Report Q4, 2023 Results on May 29, 2023 Anand Rayons Limited announced that they will report Q4, 2023 results on May 29, 2023 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 ₹40.78, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 27% over the past three years. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹39.17, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 11% over the past three years. Reported Earnings • Feb 07
Third quarter 2023 earnings released: EPS: ₹0.35 (vs ₹0.37 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.35 (down from ₹0.37 in 3Q 2022). Revenue: ₹720.1m (down 24% from 3Q 2022). Net income: ₹5.19m (down 5.8% from 3Q 2022). Profit margin: 0.7% (up from 0.6% 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 43% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jan 21
Anand Rayons Limited to Report Q3, 2023 Results on Feb 06, 2023 Anand Rayons Limited announced that they will report Q3, 2023 results on Feb 06, 2023 Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improved over the past week After last week's 15% share price gain to ₹62.50, the stock trades at a trailing P/E ratio of 31.7x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 74% over the past three years. Tillkännagivande • Oct 18
Anand Rayons Limited to Report Q2, 2023 Results on Nov 11, 2022 Anand Rayons Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Buying Opportunity • Sep 08
Now 27% undervalued Over the last 90 days, the stock is up 26%. The fair value is estimated to be ₹93.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 19%. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improved over the past week After last week's 19% share price gain to ₹78.50, the stock trades at a trailing P/E ratio of 37.5x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 101% over the past three years. Tillkännagivande • Aug 31
Anand Rayons Limited, Annual General Meeting, Sep 29, 2022 Anand Rayons Limited, Annual General Meeting, Sep 29, 2022, at 15:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improved over the past week After last week's 17% share price gain to ₹61.55, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 77% over the past three years. Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: ₹0.74 (vs ₹0.58 in 1Q 2022) First quarter 2023 results: EPS: ₹0.74 (up from ₹0.58 in 1Q 2022). Revenue: ₹878.6m (up 32% from 1Q 2022). Net income: ₹11.1m (up 27% from 1Q 2022). Profit margin: 1.3% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 22% per year. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹53.55, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 62% over the past year. Reported Earnings • May 26
Full year 2022 earnings released: EPS: ₹1.96 (vs ₹0.48 in FY 2021) Full year 2022 results: EPS: ₹1.96 (up from ₹0.48 in FY 2021). Revenue: ₹3.34b (up 61% from FY 2021). Net income: ₹29.4m (up 308% from FY 2021). Profit margin: 0.9% (up from 0.3% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • May 23
Investor sentiment improved over the past week After last week's 18% share price gain to ₹60.25, the stock trades at a trailing P/E ratio of 28.1x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 84% over the past year. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improved over the past week After last week's 20% share price gain to ₹55.15, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 66% over the past year. Tillkännagivande • Feb 16
Anand Rayons Limited Announces Board Changes Anand Rayons Limited at its board Meeting held on February 15, 2022 has considered and approved the appointment of Mr. Pankesh patel as an Additional Director in the category of independent, Non-Executive Director of the Company with effect from February 15, 2022. Furthermore, board has approved the resignation of Mr. Jayantbhai Mojibhai Mankad, Non-Executive, independent Director of the Company with effect from February 15, 2022. Tillkännagivande • Feb 10
Anand Rayons Limited Proposes the Resignation of Jayantbhai Mojibhai Mankad as Non-Executive Independent Director The meeting of Board of Directors of Anand Rayons Limited is scheduled to be held on, February 15, 2022, proposed the resignation of Mr. Jayantbhai Mojibhai Mankad as Non-Executive independent Director of the company. Reported Earnings • Feb 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.37 (down from ₹0.61 in 3Q 2021). Revenue: ₹944.6m (up 15% from 3Q 2021). Net income: ₹5.51m (down 40% from 3Q 2021). Profit margin: 0.6% (down from 1.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment deteriorated over the past week After last week's 23% share price decline to ₹158, the stock trades at a trailing P/E ratio of 66.1x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 388% over the past year. Reported Earnings • Jul 02
Full year 2021 earnings released: EPS ₹0.48 (vs ₹0.45 in FY 2020) The company reported a mediocre full year result with weaker revenues, although profit margins were flat and earnings improved. Full year 2021 results: Revenue: ₹2.08b (down 15% from FY 2020). Net income: ₹7.21m (up 7.5% from FY 2020). Profit margin: 0.3% (in line with FY 2020). Executive Departure • Apr 02
Company Secretary & Compliance Officer has left the company On the 31st of March, Rahulkumar Makwana's tenure as Company Secretary & Compliance Officer ended after 2.2 years in the role. We don't have any record of a personal shareholding under Rahulkumar's name. Rahulkumar is the only executive to leave the company over the last 12 months. Tillkännagivande • Mar 21
Anand Rayons Limited Announces Resignation of Rahul Makwana as Company Secretary Anand Rayons Limited announced that Mr. Rahul Makwana has resigned as Company Secretary of Anand Rayons Limited with effect from the close of business hours on 31't March, 202L. Consequently he has ceased to be Compliance Officer and Key - Managerial Personnel of the Company with the effect from the aforesaid date. Is New 90 Day High Low • Feb 04
New 90-day high: ₹33.55 The company is up 6.0% from its price of ₹31.80 on 06 November 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 23% over the same period. Valuation Update With 7 Day Price Move • Dec 09
Market bids up stock over the past week After last week's 27% share price gain to ₹33.10, the stock is trading at a trailing P/E ratio of 75.2x, up from the previous P/E ratio of 59.2x. This compares to an average P/E of 18x in the Luxury industry in India. Total return to shareholders over the past year is a loss of 10%. Is New 90 Day High Low • Dec 08
New 90-day high: ₹33.50 The company is up 4.0% from its price of ₹32.30 on 09 September 2020. The Indian market is up 18% 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. Valuation Update With 7 Day Price Move • Dec 02
Market pulls back on stock over the past week After last week's 19% share price decline to ₹26.05, the stock is trading at a trailing P/E ratio of 59.2x, down from the previous P/E ratio of 73.3x. This compares to an average P/E of 16x in the Luxury industry in India. Total return to shareholders over the past year is a loss of 31%. Is New 90 Day High Low • Nov 20
New 90-day low: ₹29.40 The company is down 8.0% from its price of ₹31.95 on 20 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 12% over the same period. Is New 90 Day High Low • Oct 12
New 90-day low: ₹30.05 The company is down 13% from its price of ₹34.50 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 Luxury industry, which is up 19% over the same period. Is New 90 Day High Low • Sep 21
New 90-day low: ₹30.65 The company is down 15% from its price of ₹35.95 on 23 June 2020. The Indian market is up 13% 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 16
Anand Rayons Limited to Report Fiscal Year 2020 Results on Aug 21, 2020 Anand Rayons Limited announced that they will report fiscal year 2020 results on Aug 21, 2020