Reported Earnings • Aug 16
First quarter 2027 earnings released: EPS: ₹3.06 (vs ₹2.32 in 1Q 2026) First quarter 2027 results: EPS: ₹3.06 (up from ₹2.32 in 1Q 2026). Revenue: ₹1.34b (up 6.0% from 1Q 2026). Net income: ₹47.4m (up 32% from 1Q 2026). Profit margin: 3.5% (up from 2.9% in 1Q 2026). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% 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. Tillkännagivande • Aug 10
D.P. Wires Limited to Report Q1, 2027 Results on Aug 14, 2026 D.P. Wires Limited announced that they will report Q1, 2027 results on Aug 14, 2026 Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹204, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 22x in the Metals and Mining industry in India. Total loss to shareholders of 56% over the past three years. Reported Earnings • Jun 01
Full year 2026 earnings released: EPS: ₹11.34 (vs ₹14.33 in FY 2025) Full year 2026 results: EPS: ₹11.34 (down from ₹14.33 in FY 2025). Revenue: ₹4.91b (down 21% from FY 2025). Net income: ₹175.8m (down 21% from FY 2025). Profit margin: 3.6% (in line with FY 2025). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Tillkännagivande • May 26
D.P. Wires Limited to Report Q4, 2026 Results on May 30, 2026 D.P. Wires Limited announced that they will report Q4, 2026 results at 12:08 PM, Indian Standard Time on May 30, 2026 New Risk • Apr 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 9.3% 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 Earnings have declined by 4.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (₹2.84b market cap, or US$30.6m). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹151, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total loss to shareholders of 55% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹2.19 (vs ₹3.20 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.19 (down from ₹3.20 in 3Q 2025). Revenue: ₹971.4m (down 38% from 3Q 2025). Net income: ₹33.9m (down 32% from 3Q 2025). Profit margin: 3.5% (up from 3.1% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Tillkännagivande • Feb 10
D.P. Wires Limited to Report Q3, 2026 Results on Feb 14, 2026 D.P. Wires Limited announced that they will report Q3, 2026 results at 12:08 PM, Indian Standard Time on Feb 14, 2026 New Risk • Nov 26
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.5% Last year net profit margin: 3.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (₹3.19b market cap, or US$35.8m). Tillkännagivande • Nov 07
D.P. Wires Limited to Report Q2, 2026 Results on Nov 14, 2025 D.P. Wires Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Tillkännagivande • Sep 08
D.P. Wires Limited, Annual General Meeting, Sep 30, 2025 D.P. Wires Limited, Annual General Meeting, Sep 30, 2025, at 11:30 Indian Standard Time. Location: 16-18a industrial estate, ratlam, mp 457001, India Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹272, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total loss to shareholders of 34% over the past three years. New Risk • Aug 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% 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: Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (₹3.78b market cap, or US$43.3m). Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹244, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total loss to shareholders of 7.1% over the past three years. Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: ₹2.32 (vs ₹4.64 in 1Q 2025) First quarter 2026 results: EPS: ₹2.32 (down from ₹4.64 in 1Q 2025). Revenue: ₹1.28b (down 30% from 1Q 2025). Net income: ₹36.0m (down 50% from 1Q 2025). Profit margin: 2.8% (down from 3.9% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year. Tillkännagivande • Aug 12
D.P. Wires Limited to Report Q1, 2026 Results on Aug 14, 2025 D.P. Wires Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹14.33 (vs ₹23.43 in FY 2024) Full year 2025 results: EPS: ₹14.33 (down from ₹23.43 in FY 2024). Revenue: ₹6.30b (down 37% from FY 2024). Net income: ₹222.0m (down 39% from FY 2024). Profit margin: 3.5% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year. Tillkännagivande • May 24
D.P. Wires Limited to Report Q4, 2025 Results on May 30, 2025 D.P. Wires Limited announced that they will report Q4, 2025 results at 4:00 PM, Indian Standard Time on May 30, 2025 Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹232, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 22x in the Metals and Mining industry in India. Total loss to shareholders of 21% over the past three years. Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹3.20 (vs ₹4.08 in 3Q 2024) Third quarter 2025 results: EPS: ₹3.20 (down from ₹4.08 in 3Q 2024). Revenue: ₹1.58b (down 38% from 3Q 2024). Net income: ₹49.6m (down 22% from 3Q 2024). Profit margin: 3.1% (up from 2.5% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year. Tillkännagivande • Feb 09
D.P. Wires Limited to Report Q3, 2025 Results on Feb 14, 2025 D.P. Wires Limited announced that they will report Q3, 2025 results at 12:08 PM, Indian Standard Time on Feb 14, 2025 Reported Earnings • Nov 18
Second quarter 2025 earnings released: EPS: ₹3.89 (vs ₹5.85 in 2Q 2024) Second quarter 2025 results: EPS: ₹3.89 (down from ₹5.85 in 2Q 2024). Revenue: ₹1.48b (down 46% from 2Q 2024). Net income: ₹60.2m (down 34% from 2Q 2024). Profit margin: 4.1% (up from 3.3% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% 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 • Nov 06
D.P. Wires Limited to Report Q2, 2025 Results on Nov 14, 2024 D.P. Wires Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Tillkännagivande • Sep 06
D.P. Wires Limited, Annual General Meeting, Sep 30, 2024 D.P. Wires Limited, Annual General Meeting, Sep 30, 2024, at 11:30 Indian Standard Time. Location: hotel shreeji palace, barbad road, ratlam, mp - 457001, ratlam India Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: ₹4.64 (vs ₹7.17 in 1Q 2024) First quarter 2025 results: EPS: ₹4.64 (down from ₹7.17 in 1Q 2024). Revenue: ₹1.84b (down 31% from 1Q 2024). Net income: ₹71.9m (down 35% from 1Q 2024). Profit margin: 3.9% (down from 4.2% in 1Q 2024). The decrease in margin was driven by lower revenue. 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 30% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Aug 12
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹6.56b market cap, or US$78.2m). Tillkännagivande • Aug 08
D P Wires Limited to Report Q1, 2025 Results on Aug 14, 2024 D P Wires Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • Jun 05
Full year 2024 earnings released: EPS: ₹23.43 (vs ₹26.45 in FY 2023) Full year 2024 results: EPS: ₹23.43 (down from ₹26.45 in FY 2023). Revenue: ₹10.0b (down 18% from FY 2023). Net income: ₹363.2m (down 12% from FY 2023). Profit margin: 3.6% (up from 3.4% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • May 24
D P Wires Limited to Report Q4, 2024 Results on May 30, 2024 D P Wires Limited announced that they will report Q4, 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹521, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 457% over the past three years. Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹540, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 407% over the past three years. Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹4.08 (vs ₹6.00 in 3Q 2023) Third quarter 2024 results: EPS: ₹4.08 (down from ₹6.00 in 3Q 2023). Revenue: ₹2.55b (down 26% from 3Q 2023). Net income: ₹63.2m (down 32% from 3Q 2023). Profit margin: 2.5% (down from 2.7% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Feb 07
D P Wires Limited to Report Q3, 2024 Results on Feb 13, 2024 D P Wires Limited announced that they will report Q3, 2024 results on Feb 13, 2024 New Risk • Jan 29
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.18b (US$98.3m) 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 High level of non-cash earnings (37% accrual ratio). Minor Risk Market cap is less than US$100m (₹8.18b market cap, or US$98.3m). Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: ₹6.68 (vs ₹5.83 in 2Q 2023) Second quarter 2024 results: EPS: ₹6.68 (up from ₹5.83 in 2Q 2023). Revenue: ₹2.76b (down 2.6% from 2Q 2023). Net income: ₹90.6m (flat on 2Q 2023). Profit margin: 3.3% (up from 3.2% 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 25% per year but the company’s share price has increased by 112% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Oct 30
D P Wires Limited to Report Q2, 2024 Results on Nov 04, 2023 D P Wires Limited announced that they will report Q2, 2024 results at 12:08 PM, Indian Standard Time on Nov 04, 2023 New Risk • Oct 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.05b (US$96.9m) 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. This is currently the only risk that has been identified for the company. Upcoming Dividend • Sep 15
Upcoming dividend of ₹1.20 per share at 0.2% yield Eligible shareholders must have bought the stock before 22 September 2023. Payment date: 30 October 2023. Payout ratio is a comfortable 4.0% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (6.9%). Tillkännagivande • Sep 09
D.P. Wires Limited, Annual General Meeting, Sep 30, 2023 D.P. Wires Limited, Annual General Meeting, Sep 30, 2023, at 11:30 Indian Standard Time. Location: Shreeji Palace, Barbad Road Ratlam Madhya Pradesh India Agenda: To consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2023 and the reports of the Board of Directors (the Board) and auditors thereon; to consider and declare a final dividend of 1.2 per equity share for the year ended March 31, 2023; to consider and appoint a director in place of Ms. Suhani Kataria(DIN: 09012104), who retires by rotation and being eligible, offers herself for re-appointment; and to consider other matters. Tillkännagivande • Sep 02
D.P. Wires Limited Announces the Resignation of the Director Suhani Kataria D.P. Wires Limited at its board meeting to be held on September 5, 2023, will consider and approve the Resignation of the Director Suhani Kataria. New Risk • Aug 18
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 7.5% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹664, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 992% over the past three years. Reported Earnings • Jul 27
First quarter 2024 earnings released: EPS: ₹8.19 (vs ₹5.61 in 1Q 2023) First quarter 2024 results: EPS: ₹8.19 (up from ₹5.61 in 1Q 2023). Revenue: ₹2.67b (up 33% from 1Q 2023). Net income: ₹111.1m (up 46% from 1Q 2023). Profit margin: 4.2% (up from 3.8% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 120% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹526, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 851% over the past three years. Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: ₹30.23 (vs ₹21.41 in FY 2022) Full year 2023 results: EPS: ₹30.23 (up from ₹21.41 in FY 2022). Revenue: ₹12.2b (up 99% from FY 2022). Net income: ₹410.1m (up 41% from FY 2022). Profit margin: 3.4% (down from 4.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 97% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 02
Third quarter 2023 earnings released: EPS: ₹6.86 (vs ₹6.21 in 3Q 2022) Third quarter 2023 results: EPS: ₹6.86 (up from ₹6.21 in 3Q 2022). Revenue: ₹3.46b (up 116% from 3Q 2022). Net income: ₹93.1m (up 10% from 3Q 2022). Profit margin: 2.7% (down from 5.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹341, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 411% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Additional Non Independent & Non Executive Director Suhani Kataria was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: ₹6.66 (vs ₹4.40 in 2Q 2022) Second quarter 2023 results: EPS: ₹6.66 (up from ₹4.40 in 2Q 2022). Revenue: ₹2.85b (up 116% from 2Q 2022). Net income: ₹90.3m (up 51% from 2Q 2022). Profit margin: 3.2% (down from 4.5% in 2Q 2022). 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 but the company’s share price has increased by 84% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 16% share price gain to ₹444, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 665% over the past three years. Tillkännagivande • Sep 08
D.P. Wires Limited, Annual General Meeting, Sep 30, 2022 D.P. Wires Limited, Annual General Meeting, Sep 30, 2022, at 11:30 Indian Standard Time. Location: 34 - 44, Industrial Area Ratlam Madhya Pradesh India Agenda: To consider adoption of financial statements; to consider declaration of dividend; to consider appointment of Mr. Arvind kataria as a director; and such other business issues. Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment improved over the past week After last week's 20% share price gain to ₹359, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 499% over the past three years. Reported Earnings • Jul 23
First quarter 2023 earnings released: EPS: ₹5.61 (vs ₹5.65 in 1Q 2022) First quarter 2023 results: EPS: ₹5.61 (down from ₹5.65 in 1Q 2022). Revenue: ₹2.00b (up 41% from 1Q 2022). Net income: ₹76.1m (flat on 1Q 2022). Profit margin: 3.8% (down from 5.4% in 1Q 2022). 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 but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 25
Full year 2022 earnings released: EPS: ₹21.41 (vs ₹17.75 in FY 2021) Full year 2022 results: EPS: ₹21.41 (up from ₹17.75 in FY 2021). Revenue: ₹6.16b (up 32% from FY 2021). Net income: ₹290.5m (up 21% from FY 2021). Profit margin: 4.7% (down from 5.2% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹314, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 349% over the past three years. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Additional Non Independent & Non Executive Director Suhani Kataria was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 16% share price gain to ₹342, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 375% over the past three years. Reported Earnings • Jan 26
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹6.21 (up from ₹5.58 in 3Q 2021). Revenue: ₹1.61b (up 12% from 3Q 2021). Net income: ₹84.3m (up 11% from 3Q 2021). Profit margin: 5.2% (down from 5.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 21% share price gain to ₹245, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 227% over the past three years. Board Change • Nov 04
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Additional Non Independent & Non Executive Director Suhani Kataria was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Second quarter 2022 earnings released: EPS ₹4.40 (vs ₹3.99 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: ₹1.33b (up 54% from 2Q 2021). Net income: ₹59.7m (up 10% from 2Q 2021). Profit margin: 4.5% (down from 6.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 17% share price gain to ₹217, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 193% over the past three years. Reported Earnings • Jul 27
First quarter 2022 earnings released: EPS ₹5.65 (vs ₹2.05 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹1.43b (up 171% from 1Q 2021). Net income: ₹76.6m (up 175% from 1Q 2021). Profit margin: 5.4% (up from 5.3% in 1Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improved over the past week After last week's 17% share price gain to ₹99.65, the stock is trading at a trailing P/E ratio of 9.5x, up from the previous P/E ratio of 8.1x. This compares to an average P/E of 17x in the Metals and Mining industry in India. Total returns to shareholders over the past three years are 8.0%. Is New 90 Day High Low • Jan 12
New 90-day high: ₹99.65 The company is up 60% from its price of ₹62.30 on 14 October 2020. The Indian market is up 24% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 55% over the same period. Recent Insider Transactions • Dec 11
CFO & Whole Time Director recently bought ₹918k worth of stock On the 7th of December, Arvind Kataria bought around 11k shares on-market at roughly ₹84.10 per share. In the last 3 months, they made an even bigger purchase worth ₹1.0m. Arvind has been a buyer over the last 12 months, purchasing a net total of ₹2.0m worth in shares. Valuation Update With 7 Day Price Move • Dec 07
Market bids up stock over the past week After last week's 18% share price gain to ₹84.10, the stock is trading at a trailing P/E ratio of 8x, up from the previous P/E ratio of 6.8x. This compares to an average P/E of 15x in the Metals and Mining industry in India. Total returns to shareholders over the past three years are 11%. Recent Insider Transactions • Nov 26
CFO & Whole Time Director recently bought ₹1.0m worth of stock On the 24th of November, Arvind Kataria bought around 14k shares on-market at roughly ₹71.50 per share. This was the largest purchase by an insider in the last 3 months. This was Arvind's only on-market trade for the last 12 months. Is New 90 Day High Low • Nov 25
New 90-day high: ₹74.05 The company is up 21% from its price of ₹61.25 on 27 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 8.0% over the same period. Is New 90 Day High Low • Nov 02
New 90-day high: ₹73.20 The company is up 43% from its price of ₹51.25 on 04 August 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 8.0% over the same period. Is New 90 Day High Low • Oct 12
New 90-day high: ₹63.60 The company is up 21% from its price of ₹52.60 on 14 July 2020. The Indian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 12% over the same period.