Declared Dividend • 8h
First quarter dividend reduced to ₹2.00 Dividend of ₹2.00 is 50% lower than last year. Ex-date: 14th August 2026 Payment date: 4th September 2026 Dividend yield will be 11%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (55% earnings payout ratio) but not adequately covered by cash flows (90.4% cash payout ratio). The dividend has increased by an average of 32% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 39% to shift the payout ratio to a potentially unsustainable range, which is more than the 34% EPS decline seen over the last 5 years. New Risk • Aug 06
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: 2.9% Last year net profit margin: 9.1% 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: Major Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (90% cash payout ratio). Profit margins are more than 30% lower than last year (2.9% net profit margin). Market cap is less than US$100m (₹1.27b market cap, or US$13.4m). Reported Earnings • Aug 06
First quarter 2027 earnings released: EPS: ₹0.06 (vs ₹10.95 in 1Q 2026) First quarter 2027 results: EPS: ₹0.06 (down from ₹10.95 in 1Q 2026). Revenue: ₹209.6m (down 29% from 1Q 2026). Net income: ₹194.0k (down 100% from 1Q 2026). Profit margin: 0.1% (down from 12% in 1Q 2026). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Duyuru • Jul 30
Premco Global Limited to Report Q1, 2027 Results on Aug 05, 2026 Premco Global Limited announced that they will report Q1, 2027 results on Aug 05, 2026 Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹392, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 38% over the past three years. Reported Earnings • May 13
Full year 2026 earnings released: EPS: ₹18.12 (vs ₹28.77 in FY 2025) Full year 2026 results: EPS: ₹18.12 (down from ₹28.77 in FY 2025). Revenue: ₹1.01b (down 8.1% from FY 2025). Net income: ₹59.9m (down 37% from FY 2025). Profit margin: 6.0% (down from 8.7% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Duyuru • May 05
Premco Global Limited to Report Q4, 2026 Results on May 11, 2026 Premco Global Limited announced that they will report Q4, 2026 results on May 11, 2026 Reported Earnings • Feb 13
Third quarter 2026 earnings released: EPS: ₹5.16 (vs ₹5.87 in 3Q 2025) Third quarter 2026 results: EPS: ₹5.16 (down from ₹5.87 in 3Q 2025). Revenue: ₹222.5m (down 20% from 3Q 2025). Net income: ₹17.0m (down 12% from 3Q 2025). Profit margin: 7.7% (up from 6.9% 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 1% per year whereas the company’s share price has increased by 4% per year. Duyuru • Feb 03
Premco Global Limited to Report Q3, 2026 Results on Feb 11, 2026 Premco Global Limited announced that they will report Q3, 2026 results on Feb 11, 2026 Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to ₹442, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 65% over the past three years. New Risk • Nov 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 7.9% 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 Risk Earnings have declined by 7.3% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (₹1.64b market cap, or US$18.5m). Declared Dividend • Nov 08
Second quarter dividend of ₹36.00 announced Shareholders will receive a dividend of ₹36.00. Ex-date: 14th November 2025 Payment date: 6th December 2025 Dividend yield will be 7.3%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 07
Second quarter 2026 earnings released: EPS: ₹5.19 (vs ₹5.41 in 2Q 2025) Second quarter 2026 results: EPS: ₹5.19 (down from ₹5.41 in 2Q 2025). Revenue: ₹262.4m (up 1.0% from 2Q 2025). Net income: ₹17.1m (down 4.2% from 2Q 2025). Profit margin: 6.5% (down from 6.9% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹529, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 25x in the Luxury industry in India. Total returns to shareholders of 62% over the past three years. Duyuru • Oct 31
Premco Global Limited to Report Q2, 2026 Results on Nov 06, 2025 Premco Global Limited announced that they will report Q2, 2026 results on Nov 06, 2025 Duyuru • Sep 04
Premco Global Limited Approves to Declare Final Dividend for Financial Year Ended 31St March, 2025 Premco Global Limited at its Annual General Meeting held on September 03, 2025, approved to confirm the payment of Interim Dividends (including a Special Dividend) on Equity shares and to declare a Final Dividend of INR 2/- (Rupees Two only) per
Equity share of INR 10/- (Rupees Ten only) each for financial year ended 31st March, 2025. Declared Dividend • Aug 01
First quarter dividend of ₹4.00 announced Shareholders will receive a dividend of ₹4.00. Ex-date: 8th August 2025 Payment date: 29th August 2025 Dividend yield will be 9.5%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (13% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 86% to shift the payout ratio to a potentially unsustainable range, which is more than the 7.4% EPS decline seen over the last 3 years. Duyuru • Jul 31
Premco Global Limited, Annual General Meeting, Sep 03, 2025 Premco Global Limited, Annual General Meeting, Sep 03, 2025, at 15:00 Indian Standard Time. Reported Earnings • Jul 31
First quarter 2026 earnings released: EPS: ₹10.95 (vs ₹9.04 in 1Q 2025) First quarter 2026 results: EPS: ₹10.95 (up from ₹9.04 in 1Q 2025). Revenue: ₹309.1m (up 14% from 1Q 2025). Net income: ₹36.2m (up 21% from 1Q 2025). Profit margin: 12% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Duyuru • Jul 23
Premco Global Limited to Report Q1, 2026 Results on Jul 30, 2025 Premco Global Limited announced that they will report Q1, 2026 results on Jul 30, 2025 Reported Earnings • May 16
Full year 2025 earnings released: EPS: ₹28.77 (vs ₹30.97 in FY 2024) Full year 2025 results: EPS: ₹28.77 (down from ₹30.97 in FY 2024). Revenue: ₹1.13b (up 16% from FY 2024). Net income: ₹95.1m (down 7.1% from FY 2024). Profit margin: 8.4% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Duyuru • May 10
Premco Global Limited to Report Q4, 2025 Results on May 15, 2025 Premco Global Limited announced that they will report Q4, 2025 results on May 15, 2025 Duyuru • Apr 21
Premco Global Limited Announces Resignation of Falak Mody as Company Secretary and Compliance Officer Premco Global Limited informed that Ms. Falak Mody, Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company has tendered her resignation from the position of Company Secretary & Compliance Officer (Key Managerial Personnel) of the Company vide her letter dated 21st April, 2025 and will be relieved from the services of the Company with effect from close of business hour on 21st April, 2025. Reason: She has
decided to move on to pursue opportunities outside the Company. Board Change • Apr 08
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Sumeet Rajani was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Feb 21
Premco Global Limited Appoints Sumeet Vashulal Rajani as an Independent Director Premco Global Limited approved appointment of Mr. Sumeet Vashulal Rajani, as an Independent Director of the Company. Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: ₹5.87 (vs ₹6.39 in 3Q 2024) Third quarter 2025 results: EPS: ₹5.87 (down from ₹6.39 in 3Q 2024). Revenue: ₹279.5m (up 28% from 3Q 2024). Net income: ₹19.4m (down 8.2% from 3Q 2024). Profit margin: 6.9% (down from 9.7% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Declared Dividend • Feb 08
Second quarter dividend of ₹2.00 announced Shareholders will receive a dividend of ₹2.00. Ex-date: 17th February 2025 Payment date: 7th March 2025 Dividend yield will be 10%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (13% earnings payout ratio) but not adequately covered by cash flows (93% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 39% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • Feb 06
Premco Global Limited Approves 3rd Interim Dividend for the Financial Year 2024-2025, Payable on or Before March 07, 2025 Premco Global Limited at its board meeting held on February 06, 2025 considered and approved Payment of 3rd Interim Dividend of INR 2 per share of INR 10 each (20%) for the financial year 2024- 2025. The 3rd Interim Dividend, shall be paid to the equity shareholders of the company whose name appear on the register of Members of the company or in the records of the depositories as beneficial owners of the shares as on 17th February, 2025 which is the Record date fixed for the purpose. The 3rd Interim Dividend shall be paid to shareholders on or before 7th March 2025. Duyuru • Jan 30
Premco Global Limited to Report Q3, 2025 Results on Feb 06, 2025 Premco Global Limited announced that they will report Q3, 2025 results on Feb 06, 2025 New Risk • Nov 22
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 9.2% 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 Risk Share price has been highly volatile over the past 3 months (9.2% average weekly change). Minor Risks Dividend is not well covered by cash flows (93% cash payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (₹1.67b market cap, or US$19.7m). Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹574, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 28x in the Luxury industry in India. Total returns to shareholders of 25% over the past three years. Reported Earnings • Nov 14
Second quarter 2025 earnings released: EPS: ₹5.41 (vs ₹6.44 in 2Q 2024) Second quarter 2025 results: EPS: ₹5.41 (down from ₹6.44 in 2Q 2024). Revenue: ₹273.2m (up 14% from 2Q 2024). Net income: ₹17.9m (down 16% from 2Q 2024). Profit margin: 6.5% (down from 8.9% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Duyuru • Nov 05
Premco Global Limited to Report Q2, 2025 Results on Nov 12, 2024 Premco Global Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Duyuru • Aug 26
Premco Global Limited Approves Final Dividend for the Financial Year Ended March 31, 2024 Premco Global Limited at its AGM held on August 24, 2024, approved final dividend of INR 2 per share on equity shares for the financial year ended March 31, 2024. Declared Dividend • Aug 03
Dividend of ₹2.00 announced Shareholders will receive a dividend of ₹2.00. Ex-date: 16th August 2024 Payment date: 21st September 2024 Dividend yield will be 3.0%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by both earnings (29% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 67% to shift the payout ratio to a potentially unsustainable range, which is more than the 19% EPS decline seen over the last 3 years. Duyuru • Jul 31
Premco Global Limited, Annual General Meeting, Aug 24, 2024 Premco Global Limited, Annual General Meeting, Aug 24, 2024, at 15:00 Indian Standard Time. Declared Dividend • Jul 31
First quarter dividend of ₹2.00 announced Shareholders will receive a dividend of ₹2.00. Ex-date: 2nd August 2024 Payment date: 25th August 2024 Dividend yield will be 2.5%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by both earnings (29% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 67% to shift the payout ratio to a potentially unsustainable range, which is more than the 19% EPS decline seen over the last 3 years. Reported Earnings • Jul 28
First quarter 2025 earnings released: EPS: ₹9.04 (vs ₹9.27 in 1Q 2024) First quarter 2025 results: EPS: ₹9.04 (down from ₹9.27 in 1Q 2024). Revenue: ₹285.0m (up 16% from 1Q 2024). Net income: ₹29.9m (down 2.4% from 1Q 2024). Profit margin: 11% (down from 12% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Duyuru • Jul 18
Premco Global Limited to Report Q1, 2025 Results on Jul 27, 2024 Premco Global Limited announced that they will report Q1, 2025 results on Jul 27, 2024 Reported Earnings • May 17
Full year 2024 earnings released: EPS: ₹30.97 (vs ₹28.54 in FY 2023) Full year 2024 results: EPS: ₹30.97 (up from ₹28.54 in FY 2023). Revenue: ₹1.03b (up 11% from FY 2023). Net income: ₹102.4m (up 8.5% from FY 2023). Profit margin: 9.9% (in line with FY 2023). 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 3% per year, which means it is well ahead of earnings. Duyuru • May 08
Premco Global Limited to Report Q4, 2024 Results on May 15, 2024 Premco Global Limited announced that they will report Q4, 2024 results on May 15, 2024 Duyuru • Apr 12
Premco Global Limited Announces Cessation of Rajesh M Mahtani and Prem I Gidwani as Independent Directors Premco Global Limited announced that Mr. Rajesh M Mahtani (DIN: 00736091) and Mr. Prem I Gidwani (DIN: 01220570) has ceased to be an Independent Director of the Company with effect from close of business hours on 31st March 2024. Duyuru • Mar 15
Gayatri Kashela Resigns as Company Secretary and Compliance Officer of Premco Global Limited Premco Global Limited announced that Ms. Gayatri Kashela [A71173], Company Secretary of the Company has tendered her resignation from the post of Company Secretary of the Company for better prospects with effect from close of working hours of 13 March 2024. Consequent to her resignation, Ms. Gayatri Kashela also ceases to be Compliance Officer of the Company. Her successor shall be appointed in due course, within the time limits prescribed under the provisions of the Companies Act, 2013 and Rules made thereunder read with the applicable provisions of the Listing Regulations and the same shall be duly intimated to the Stock Exchange(s). Declared Dividend • Feb 14
Third quarter dividend of ₹2.00 announced Shareholders will receive a dividend of ₹2.00. Ex-date: 21st February 2024 Payment date: 11th March 2024 Dividend yield will be 3.4%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (47% earnings payout ratio) but not covered by cash flows (dividend approximately 28x free cash flows). The dividend has increased by an average of 24% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹6.39 (vs ₹13.66 in 3Q 2023) Third quarter 2024 results: EPS: ₹6.39 (down from ₹13.66 in 3Q 2023). Revenue: ₹218.4m (down 13% from 3Q 2023). Net income: ₹21.1m (down 53% from 3Q 2023). Profit margin: 9.7% (down from 18% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Duyuru • Dec 18
Premco Global Limited Announces Resignation of Gayatri Kashela as Company Secretary and Compliance Officer Premco Global Limited announced that Ms. Gayatri Kashela, Company Secretary of the Company has tendered her resignation from the post of Company Secretary of the Company with effect from close of working hours of 16 December 2023. Consequent to her resignation, Ms. Gayatri Kashela also ceases to be Compliance Officer of the Company. Her successor shall be appointed in due course, within the time limits prescribed under the provisions of the Companies Act, 2013 and Rules made thereunder read with the applicable provisions of the Listing Regulations and the same shall be duly intimated to the Stock Exchange(s). Upcoming Dividend • Nov 16
Upcoming dividend of ₹3.00 per share at 3.6% yield Eligible shareholders must have bought the stock before 23 November 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 49% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Within top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.5%). Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: ₹6.44 (vs ₹3.94 in 2Q 2023) Second quarter 2024 results: EPS: ₹6.44 (up from ₹3.94 in 2Q 2023). Revenue: ₹251.7m (up 60% from 2Q 2023). Net income: ₹21.3m (up 63% from 2Q 2023). Profit margin: 8.5% (up from 8.3% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings. Duyuru • Nov 08
Premco Global Limited Approves Payment Second Interim Dividend for the Financial Year 2023- 2024, Payable on or Before 05 December 2023 Premco Global Limited approved the payment of 2nd Interim Dividend of INR 3/-per share of INR 10 each (30%) for the financial year 2023- 2024. The 2nd Interim Dividend, shall be paid to the equity shareholders of the company whose name appear on the register of Members of the company or in the records of the depositories as beneficial owners of the shares as on, 23rd November, 2023 which is the Record date fixed for the purpose. The Interim Dividend shall be paid to shareholders on or before 05th December 2023. Duyuru • Oct 28
Premco Global Limited to Report Q2, 2024 Results on Nov 06, 2023 Premco Global Limited announced that they will report Q2, 2024 results on Nov 06, 2023 Buying Opportunity • Oct 23
Now 22% undervalued Over the last 90 days, the stock is up 7.9%. The fair value is estimated to be ₹511, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has declined by 2.9%. Buying Opportunity • Oct 04
Now 20% undervalued Over the last 90 days, the stock is up 12%. The fair value is estimated to be ₹512, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has declined by 2.9%. Upcoming Dividend • Sep 08
Upcoming dividend of ₹5.00 per share at 3.4% yield Eligible shareholders must have bought the stock before 15 September 2023. Payment date: 25 October 2023. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 3.4%. Within top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.5%). Duyuru • Aug 26
Premco Global Limited, Annual General Meeting, Sep 25, 2023 Premco Global Limited, Annual General Meeting, Sep 25, 2023, at 15:00 Indian Standard Time. New Risk • Aug 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (₹1.72b market cap, or US$20.7m). Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹451, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 450% over the past three years. Upcoming Dividend • Aug 09
Upcoming dividend of ₹3.00 per share at 3.8% yield Eligible shareholders must have bought the stock before 14 August 2023. Payment date: 02 September 2023. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (0.5%). Duyuru • Aug 04
Premco Global Limited Approves First Interim Dividend for the Financial Year 2023- 2024, Payable on or Before 01 September 2023 The board of directors of Premco Global Limited at its meeting held on August 03, 2023, approved the Payment of first Interim Dividend of INR 3 per share of INR 10 each (30%) for the financial year 2023- 2024. The 1st Interim Dividend, shall be paid to the equity shareholders of the company whose name appear on the register of Members of the company or in the records of the depositories as beneficial owners of the shares as on 07 August, 2023 which is the Record date fixed for the purpose. The Interim Dividend shall be paid to shareholders on or before 01 September 2023. Reported Earnings • Aug 04
First quarter 2024 earnings released: EPS: ₹9.27 (vs ₹5.38 in 1Q 2023) First quarter 2024 results: EPS: ₹9.27 (up from ₹5.38 in 1Q 2023). Revenue: ₹261.5m (down 1.7% from 1Q 2023). Net income: ₹30.6m (up 72% from 1Q 2023). Profit margin: 12% (up from 6.7% 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 74% per year, which means it is well ahead of earnings. Duyuru • Jul 29
Premco Global Limited to Report Q1, 2024 Results on Aug 03, 2023 Premco Global Limited announced that they will report Q1, 2024 results on Aug 03, 2023 Duyuru • Jun 06
Premco Global Limited Announces Appointment of Gayatri Kashela as Company Secretary and Compliance Officer Premco Global Limited informed that the Board of Directors of the held 05th June, 2023 has considered & approved following items of business: Appointed Ms. Gayatri Kashela as Company Secretary cum Compliance Officer of the Company. Ms. Gayatri Kashela is an Associate Member (Membership NO ACS71173) of The Institute of Company Secretaries of India. She is a Commerce Graduate and has 1 year of experience in Corporate Secretarial and Compliance functions. Reported Earnings • May 22
Full year 2023 earnings released: EPS: ₹28.54 (vs ₹50.09 in FY 2022) Full year 2023 results: EPS: ₹28.54 (down from ₹50.09 in FY 2022). Revenue: ₹964.7m (down 25% from FY 2022). Net income: ₹94.3m (down 43% from FY 2022). Profit margin: 9.8% (down from 13% in FY 2022). 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 78% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • May 20
Premco Global Limited Recommends Final Dividend for the Financial Year Ended March 31, 2023 Premco Global Limited announced that at the board meeting held on May 18, 2023 the board has recommended final dividend of INR 5 per share of INR 10 each (50%) for the financial year ended March 31, 2023 subject to shareholders approval at the upcoming AGM of the company. Duyuru • May 07
Premco Global Limited to Report Q4, 2023 Results on May 18, 2023 Premco Global Limited announced that they will report Q4, 2023 results at 3:30 PM, Indian Standard Time on May 18, 2023 Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹379, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 409% over the past three years. Upcoming Dividend • Feb 16
Upcoming dividend of ₹6.00 per share at 4.0% yield Eligible shareholders must have bought the stock before 23 February 2023. Payment date: 09 March 2023. Trailing yield: 4.0%. Within top quartile of Indian dividend payers (1.7%). Higher than average of industry peers (0.6%). Reported Earnings • Feb 14
Third quarter 2023 earnings released: EPS: ₹13.66 (vs ₹13.74 in 3Q 2022) Third quarter 2023 results: EPS: ₹13.66 (down from ₹13.74 in 3Q 2022). Revenue: ₹250.5m (down 29% from 3Q 2022). Net income: ₹45.1m (flat on 3Q 2022). Profit margin: 18% (up from 13% in 3Q 2022). 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 63% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Feb 11
Premco Global Limited Approves Third Interim Dividend for the Financial Year 2022-23, Payable on or Before March 09, 2023 Premco Global Limited announced that at its board meeting held on February 10, 2023, the board approved the payment of third interim dividend of INR 6/- per share of INR 10 each (60%) for the financial year 2022-2023. The third interim dividend shall be paid to the equity shareholders of the company whose name appear on the register of Members of the company or in the records of the depositories as beneficial owners of the shares as on February 23", 2023 which is the Record date fixed for the purpose. The third interim dividend shall be paid to shareholders on or before 09 March 2023. Duyuru • Feb 02
Premco Global Limited to Report Q3, 2023 Results on Feb 10, 2023 Premco Global Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Upcoming Dividend • Nov 18
Upcoming dividend of ₹2.00 per share Eligible shareholders must have bought the stock before 25 November 2022. Payment date: 10 December 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.4%. Within top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (0.7%). Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹3.94 (vs ₹12.63 in 2Q 2022) Second quarter 2023 results: EPS: ₹3.94 (down from ₹12.63 in 2Q 2022). Revenue: ₹164.8m (down 49% from 2Q 2022). Net income: ₹13.0m (down 69% from 2Q 2022). Profit margin: 7.9% (down from 13% in 2Q 2022). The decrease in margin was driven by lower revenue. 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 37% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
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. 6 experienced directors. 3 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Lalit Advani was the last independent director to join the board, commencing their role in 2019. 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 • Nov 13
Second quarter 2023 earnings released: EPS: ₹3.94 (vs ₹12.63 in 2Q 2022) Second quarter 2023 results: EPS: ₹3.94 (down from ₹12.63 in 2Q 2022). Revenue: ₹164.8m (down 49% from 2Q 2022). Net income: ₹13.0m (down 69% from 2Q 2022). Profit margin: 7.9% (down from 13% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 43% per year whereas the company’s share price has increased by 42% per year. Duyuru • Nov 12
Premco Global Limited Declares Interim Dividend for the Financial Year 2022-23, Payable on or Before 10 December 2022 Premco Global Limited announced at the board meeting held on November 10, 2022 that the company approved Payment of 2nd Interim Dividend of INR 2/- per share of INR 10 each (20%) for the financial year 2022-2023. The 2nd Interim Dividend, shall be paid to the equity shareholders of the company whose name appear on the register of Members of the company or in the records of the depositories as beneficial owners of the shares as on November 25th, 2022 which is the Record date fixed for the purpose. The 2nd Interim Dividend shall be paid to shareholders on or before 10th December 2022. Duyuru • Nov 03
Premco Global Limited to Report Q2, 2023 Results on Nov 11, 2022 Premco Global Limited announced that they will report Q2, 2023 results on Nov 11, 2022 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 ₹433, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 393% over the past three years. Upcoming Dividend • Aug 17
Upcoming dividend of ₹2.00 per share Eligible shareholders must have bought the stock before 24 August 2022. Payment date: 11 September 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of Indian dividend payers (1.7%). Higher than average of industry peers (0.5%). Duyuru • Aug 13
Premco Global Limited Announces Interim Dividend for the Financial Year 2022-2023, Payable on or before September 11, 2022 Premco Global Limited at its board meetng held on August 12, 2022 approved the payment of 1st Interim Dividend of INR 2 per share of INR 10 each (20%) for the financial year 2022-2023. The 1st Interim Dividend, shall be paid to the equity shareholders of the company whose name appear on the register of Members of the company or in the records of the depositories as beneficial owners of the shares as on 25th August,2022 which is the Record date fixed for the purpose. The Interim Dividend shall be paid to shareholders on or before 11th September 2022. Duyuru • Aug 03
Premco Global Limited to Report Q1, 2023 Results on Aug 12, 2022 Premco Global Limited announced that they will report Q1, 2023 results on Aug 12, 2022 Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improved over the past week After last week's 29% share price gain to ₹435, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 492% over the past three years. Reported Earnings • Jul 28
Full year 2022 earnings released: EPS: ₹50.09 (vs ₹42.09 in FY 2021) Full year 2022 results: EPS: ₹50.09 (up from ₹42.09 in FY 2021). Revenue: ₹1.28b (up 29% from FY 2021). Net income: ₹165.5m (up 19% from FY 2021). Profit margin: 13% (down from 14% 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 67% per year whereas the company’s share price has increased by 72% per year. Upcoming Dividend • Jul 14
Upcoming dividend of ₹3.00 per share Eligible shareholders must have bought the stock before 21 July 2022. Payment date: 17 September 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of Indian dividend payers (1.8%). Higher than average of industry peers (0.6%). Duyuru • Jul 12
Premco Global Limited, Annual General Meeting, Aug 18, 2022 Premco Global Limited, Annual General Meeting, Aug 18, 2022, at 15:00 Indian Standard Time. Agenda: To consider to approve the payment of dividend. Valuation Update With 7 Day Price Move • May 25
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹302, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 151% over the past three years. Duyuru • May 23
Premco Global Ltd. Recommends Final Dividend for the Year Ended March 31, 2022 The Board of directors of Premco Global Ltd. meeting held on May 21, 2022, recommended final dividend of INR 3 per share of INR 10 each (30%) for the financial year ended 31 March 2022 subject to the approval of the Shareholders at the upcoming Annual General Meeting of the Company. This is in addition to 1st Interim Dividend of INR 3 per share, 2nd Interim Dividend of INR.4 per share and 3rd Interim Dividend of INR 5 per share paid for Fiscal Year 2021-2022. Duyuru • May 14
Premco Global Ltd. to Report Q4, 2022 Results on May 21, 2022 Premco Global Ltd. announced that they will report Q4, 2022 results on May 21, 2022 Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Lalit Advani was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 16% share price gain to ₹408, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 214% over the past three years. Buying Opportunity • Feb 14
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be ₹557, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% per annum over the last 3 years. Earnings per share has grown by 71% per annum over the last 3 years.