New Risk • May 27
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 44% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 16% per year over the past 5 years. High level of non-cash earnings (44% accrual ratio). Revenue is less than US$1m (₹13m revenue, or US$140k). Market cap is less than US$10m (₹141.7m market cap, or US$1.48m). Minor Risk Share price has been volatile over the past 3 months (10.0% average weekly change). Duyuru • May 15
Adinath Textiles Limited to Report Q4, 2026 Results on May 26, 2026 Adinath Textiles Limited announced that they will report Q4, 2026 results on May 26, 2026 New Risk • Apr 23
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 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 9.9% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹152.1m market cap, or US$1.62m). Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Duyuru • Feb 04
Adinath Textiles Limited to Report Q3, 2026 Results on Feb 14, 2026 Adinath Textiles Limited announced that they will report Q3, 2026 results at 9:15 AM, Indian Standard Time on Feb 14, 2026 Board Change • Dec 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Director Ravinder Kumar was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Nov 14
New major risk - Revenue and earnings growth Earnings have declined by 2.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.5% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹177.9m market cap, or US$2.01m). Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change). Duyuru • Nov 04
Adinath Textiles Limited to Report Q2, 2026 Results on Nov 13, 2025 Adinath Textiles Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Duyuru • Sep 05
Adinath Textiles Limited, Annual General Meeting, Sep 30, 2025 Adinath Textiles Limited, Annual General Meeting, Sep 30, 2025, at 11:00 Indian Standard Time. Location: village,bholapur, p.o. sahabana, chandigarh road, ludhiana -141123, ludhiana India Duyuru • Aug 02
Adinath Textiles Limited to Report Q1, 2026 Results on Aug 13, 2025 Adinath Textiles Limited announced that they will report Q1, 2026 results on Aug 13, 2025 New Risk • May 29
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 54% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (54% accrual ratio). Revenue is less than US$1m (₹14m revenue, or US$159k). Market cap is less than US$10m (₹180.5m market cap, or US$2.11m). Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change). Duyuru • May 20
Adinath Textiles Limited to Report Q4, 2025 Results on May 28, 2025 Adinath Textiles Limited announced that they will report Q4, 2025 results on May 28, 2025 New Risk • May 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10.0% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10.0% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (₹158.4m market cap, or US$1.88m). Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹25.45, the stock trades at a trailing P/E ratio of 62.9x. Average trailing P/E is 23x in the Luxury industry in India. Total loss to shareholders of 57% over the past three years. New Risk • Mar 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% 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. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (₹162.2m market cap, or US$1.88m). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. Duyuru • Feb 04
Adinath Textiles Limited to Report Nine Months, 2025 Results on Feb 13, 2025 Adinath Textiles Limited announced that they will report nine months, 2025 results on Feb 13, 2025 New Risk • Jan 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% 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 Risks High level of non-cash earnings (88% accrual ratio). Revenue is less than US$1m. Market cap is less than US$10m (₹192.4m market cap, or US$2.24m). Minor Risk Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Duyuru • Nov 05
Adinath Textiles Limited to Report Q2, 2025 Results on Nov 12, 2024 Adinath Textiles Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Duyuru • Sep 09
Adinath Textiles Limited, Annual General Meeting, Sep 30, 2024 Adinath Textiles Limited, Annual General Meeting, Sep 30, 2024. Duyuru • Aug 02
Adinath Textiles Limited to Report Q1, 2025 Results on Aug 13, 2024 Adinath Textiles Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹33.98, the stock trades at a trailing P/E ratio of 48.6x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 357% over the past three years. Duyuru • May 18
Adinath Textiles Limited to Report Q4, 2024 Results on May 28, 2024 Adinath Textiles Limited announced that they will report Q4, 2024 results on May 28, 2024 Duyuru • Jan 31
Adinath Textiles Limited to Report Q3, 2024 Results on Feb 13, 2024 Adinath Textiles Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Duyuru • Sep 06
Adinath Textiles Limited, Annual General Meeting, Sep 29, 2023 Adinath Textiles Limited, Annual General Meeting, Sep 29, 2023, at 11:00 Indian Standard Time. Location: the Registered Office of the Company at Village Bholapur, P.O. Sahabana Ludhiana India Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended 31 March, 2023 and the Reports of the Board of Directors and the Auditors thereon; to consider other matters. Duyuru • Aug 03
Adinath Textiles Limited Appoints Harpreet Kaur as Company Secretary and Compliance Officer Adinath Textiles Limited announced that Mrs. Harpreet Kaur (ACS 49237) has been appointed as Company Secretary & Compliance Officer of the Company with effect from 1 August 2023. Mrs. Harpreet Kaur is a Commerce Graduate and an Associate Member of The Institute of Company Secretaries of India and have more than 5 years of overall experience in the Corporate Laws, SEBI Regulations and Compliances and other related matters. Duyuru • Jul 29
Adinath Textiles Limited to Report Q1, 2024 Results on Aug 12, 2023 Adinath Textiles Limited announced that they will report Q1, 2024 results on Aug 12, 2023 Duyuru • May 19
Adinath Textiles Limited to Report Q4, 2023 Results on May 29, 2023 Adinath Textiles Limited announced that they will report Q4, 2023 results on May 29, 2023 Duyuru • May 12
Adinath Textiles Limited Announces Resignation of Parminder Singh as Company Secretary and Compliance Officer Adinath Textiles Limited announced that Mr. Parminder Singh has resigned from the post of Company Secretary and Compliance Officer with effect from close of working hours of 11th May, 2023. 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 ₹25.77, the stock trades at a trailing P/E ratio of 46.2x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 1,511% over the past three years. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹23.05, the stock trades at a trailing P/E ratio of 41.3x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 1,359% over the past three years. Duyuru • Feb 04
Adinath Textiles Limited to Report Q3, 2023 Results on Feb 13, 2023 Adinath Textiles Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Feb 13, 2023 Duyuru • Nov 15
Adinath Textiles Limited Announces Resignation of Ramesh Chander Juneja as Independent Director Adinath Textiles Limited announced that Sh. Ramesh Chander Juneja independent Director of the Company has vide his resignation letter dated 14tn November, 2022 (enclosed herewith), resigned from the Board of the Company with immediate effect on account of his pre-occupation and health reasons. Duyuru • Nov 03
Adinath Textiles Limited to Report Q2, 2023 Results on Nov 12, 2022 Adinath Textiles Limited announced that they will report Q2, 2023 results at 3:30 PM, Indian Standard Time on Nov 12, 2022 Duyuru • Aug 03
Adinath Textiles Limited to Report Q1, 2023 Results on Aug 12, 2022 Adinath Textiles Limited announced that they will report Q1, 2023 results on Aug 12, 2022 Duyuru • May 21
Adinath Textiles Limited Appoints Krishan Sethi as an Additional Director (Independent) Adinath Textiles Limited announced that the Board of Directors through a circular resolution dated May 19, 2022 have appointed Mr. Krishan Sethi as an Additional Director (Independent) for a period of five years with effect from May 19, 2022 to May 19, 2027, subject to the approval of the shareholders. Duyuru • May 20
Adinath Textiles Limited to Report Q4, 2022 Results on May 28, 2022 Adinath Textiles Limited announced that they will report Q4, 2022 results on May 28, 2022 Board Change • May 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Vice Chairman & MD Vishal Oswal was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Feb 02
Adinath Textiles Limited to Report Q3, 2022 Results on Feb 12, 2022 Adinath Textiles Limited announced that they will report Q3, 2022 results on Feb 12, 2022 Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 27% share price gain to ₹34.40, the stock trades at a trailing P/E ratio of 47.7x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 958% over the past three years. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorated over the past week After last week's 23% share price decline to ₹55.25, the stock trades at a trailing P/E ratio of 76.6x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 1,549% over the past three years. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 21% share price gain to ₹6.76, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 42% over the past three years. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improved over the past week After last week's 18% share price gain to ₹3.19, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 19x in the Luxury industry in India. Total loss to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improved over the past week After last week's 20% share price gain to ₹4.01, the stock is trading at a trailing P/E ratio of 22.1x, up from the previous P/E ratio of 18.5x. This compares to an average P/E of 21x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 30%. Duyuru • Feb 01
Adinath Textiles Limited to Report Q3, 2021 Results on Feb 12, 2021 Adinath Textiles Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Jan 20
New 90-day high: ₹2.66 The company is up 105% from its price of ₹1.30 on 22 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 25% over the same period. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 15% share price gain to ₹2.20, the stock is trading at a trailing P/E ratio of 12.1x, up from the previous P/E ratio of 10.5x. This compares to an average P/E of 20x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 60%. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improved over the past week After last week's 17% share price gain to ₹2.00, the stock is trading at a trailing P/E ratio of 11x, up from the previous P/E ratio of 9.4x. 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 66%. Is New 90 Day High Low • Jan 04
New 90-day high: ₹1.75 The company is up 30% from its price of ₹1.35 on 05 October 2020. The Indian market is up 20% 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 16
Investor sentiment improved over the past week After last week's 18% share price gain to ₹1.57, the stock is trading at a trailing P/E ratio of 8.7x, up from the previous P/E ratio of 7.3x. 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 73%. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improved over the past week After last week's 15% share price gain to ₹1.44, the stock is trading at a trailing P/E ratio of 7.9x, up from the previous P/E ratio of 6.9x. This compares to an average P/E of 17x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 77%. Is New 90 Day High Low • Dec 04
New 90-day low: ₹1.25 The company is down 21% from its price of ₹1.58 on 04 September 2020. The Indian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 20% over the same period. Duyuru • Nov 25
Adinath Textiles Limited, Annual General Meeting, Dec 21, 2020 Adinath Textiles Limited, Annual General Meeting, Dec 21, 2020, at 11:00 Indian Standard Time. Location: Village Bholapur, P.O. Sahabana, Chandigarh Road Ludhiana Punjab India Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2020 and the Reports of the Board of Directors and the Auditors thereon; to consider the re-appointment of directors; and to consider the other matters. Is New 90 Day High Low • Sep 29
New 90-day low: ₹1.40 The company is down 16% from its price of ₹1.66 on 01 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 13% over the same period. Duyuru • Sep 03
Adinath Textiles Limited to Report Q1, 2020 Results on Sep 14, 2020 Adinath Textiles Limited announced that they will report Q1, 2020 results on Sep 14, 2020 Duyuru • Jun 16
Adinath Textiles Limited to Report Q4, 2020 Results on Jun 30, 2020 Adinath Textiles Limited announced that they will report Q4, 2020 results on Jun 30, 2020