New Risk • Aug 07
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 9.6% 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 Interest payments are not well covered by earnings (0.7x net interest cover). Share price has been highly volatile over the past 3 months (9.6% average weekly change). Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (₹277.4m market cap, or US$2.92m). Reported Earnings • Jul 28
Full year 2026 earnings released: ₹1.85 loss per share (vs ₹1.59 loss in FY 2025) Full year 2026 results: ₹1.85 loss per share (further deteriorated from ₹1.59 loss in FY 2025). Revenue: ₹1.74b (flat on FY 2025). Net loss: ₹14.7m (loss widened 17% from FY 2025). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Duyuru • Jul 13
Maris Spinners Limited to Report Q1, 2027 Results on Aug 07, 2026 Maris Spinners Limited announced that they will report Q1, 2027 results on Aug 07, 2026 Reported Earnings • May 29
Full year 2026 earnings released: ₹1.79 loss per share (vs ₹1.59 loss in FY 2025) Full year 2026 results: ₹1.79 loss per share (further deteriorated from ₹1.59 loss in FY 2025). Revenue: ₹1.75b (flat on FY 2025). Net loss: ₹14.7m (loss widened 17% from FY 2025). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Duyuru • May 28
Maris Spinners Limited, Annual General Meeting, Aug 20, 2026 Maris Spinners Limited, Annual General Meeting, Aug 20, 2026, at 10:00 Indian Standard Time. Duyuru • May 02
Maris Spinners Limited to Report Fiscal Year 2026 Results on May 28, 2026 Maris Spinners Limited announced that they will report fiscal year 2026 results on May 28, 2026 New Risk • Feb 27
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 Risks Interest payments are not well covered by earnings (0.9x net interest cover). Earnings have declined by 42% per year over the past 5 years. Market cap is less than US$10m (₹245.7m market cap, or US$2.70m). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change). Reported Earnings • Feb 12
Third quarter 2026 earnings released: ₹1.01 loss per share (vs ₹1.02 loss in 3Q 2025) Third quarter 2026 results: ₹1.01 loss per share. Revenue: ₹430.3m (down 3.6% from 3Q 2025). Net loss: ₹8.26m (loss widened 1.7% from 3Q 2025). Duyuru • Jan 24
Maris Spinners Limited to Report Q3, 2026 Results on Feb 11, 2026 Maris Spinners Limited announced that they will report Q3, 2026 results on Feb 11, 2026 Duyuru • Oct 27
Maris Spinners Limited to Report Q2, 2026 Results on Nov 12, 2025 Maris Spinners Limited announced that they will report Q2, 2026 results on Nov 12, 2025 Reported Earnings • Aug 02
First quarter 2026 earnings released: ₹0.57 loss per share (vs ₹0.86 loss in 1Q 2025) First quarter 2026 results: ₹0.57 loss per share (improved from ₹0.86 loss in 1Q 2025). Revenue: ₹399.7m (down 6.9% from 1Q 2025). Net loss: ₹4.53m (loss narrowed 33% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 17% per year. Duyuru • Jul 23
Maris Spinners Limited to Report Q1, 2026 Results on Aug 01, 2025 Maris Spinners Limited announced that they will report Q1, 2026 results on Aug 01, 2025 Reported Earnings • May 29
Full year 2025 earnings released: ₹1.89 loss per share (vs ₹11.52 loss in FY 2024) Full year 2025 results: ₹1.89 loss per share (improved from ₹11.52 loss in FY 2024). Revenue: ₹1.79b (up 7.1% from FY 2024). Net loss: ₹12.6m (loss narrowed 86% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 50% 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. Duyuru • May 28
Maris Spinners Limited, Annual General Meeting, Aug 29, 2025 Maris Spinners Limited, Annual General Meeting, Aug 29, 2025. Duyuru • Apr 28
Maris Spinners Limited to Report Fiscal Year 2025 Results on May 28, 2025 Maris Spinners Limited announced that they will report fiscal year 2025 results on May 28, 2025 Duyuru • Mar 03
Maris Spinners Limited Announces Resignation of A. Hari Govind as Chief Financial Officer, Effective March 31, 2025 Maris Spinners Limited informed that Mr. A. Hari Govind whole time Director and Chief financial Officer and Key Managerial person (KMP) of the Company has tendered his resignation from the position of Chief Financial Officer of the Company vide letter dated March 1, 2025 due to personal reasons and he will be relieved from the duties of Chief Financial Officer from March 31, 2025 after the closing of the business hours. Mr. A. Hari Govind however will continue as a whole time Director of the Company. This is for your information and dissemination to general public. Reported Earnings • Feb 13
Third quarter 2025 earnings released: ₹1.02 loss per share (vs ₹3.60 loss in 3Q 2024) Third quarter 2025 results: ₹1.02 loss per share (improved from ₹3.60 loss in 3Q 2024). Revenue: ₹446.5m (up 11% from 3Q 2024). Net loss: ₹8.12m (loss narrowed 72% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Duyuru • Jan 28
Maris Spinners Limited to Report Q3, 2025 Results on Feb 12, 2025 Maris Spinners Limited announced that they will report Q3, 2025 results on Feb 12, 2025 Reported Earnings • Nov 10
Second quarter 2025 earnings released: ₹1.36 loss per share (vs ₹3.26 loss in 2Q 2024) Second quarter 2025 results: ₹1.36 loss per share (improved from ₹3.26 loss in 2Q 2024). Revenue: ₹422.7m (up 5.6% from 2Q 2024). Net loss: ₹10.8m (loss narrowed 58% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Duyuru • Oct 10
Maris Spinners Limited to Report Q2, 2025 Results on Nov 09, 2024 Maris Spinners Limited announced that they will report Q2, 2025 results at 12:15 PM, Indian Standard Time on Nov 09, 2024 New Risk • Aug 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 8.4% 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 Risks Debt is not well covered by operating cash flow (5.2% operating cash flow to total debt). Earnings have declined by 25% per year over the past 5 years. Market cap is less than US$10m (₹362.5m market cap, or US$4.32m). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Reported Earnings • Jul 31
Full year 2024 earnings released: ₹11.52 loss per share (vs ₹13.71 loss in FY 2023) Full year 2024 results: ₹11.52 loss per share (improved from ₹13.71 loss in FY 2023). Revenue: ₹1.67b (up 12% from FY 2023). Net loss: ₹91.3m (loss narrowed 16% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Duyuru • Jul 16
Maris Spinners Limited to Report Q1, 2025 Results on Aug 09, 2024 Maris Spinners Limited announced that they will report Q1, 2025 results on Aug 09, 2024 Duyuru • May 31
Maris Spinners Limited, Annual General Meeting, Aug 23, 2024 Maris Spinners Limited, Annual General Meeting, Aug 23, 2024. Reported Earnings • May 30
Full year 2024 earnings released: ₹11.34 loss per share (vs ₹13.71 loss in FY 2023) Full year 2024 results: ₹11.34 loss per share (improved from ₹13.71 loss in FY 2023). Revenue: ₹1.67b (up 12% from FY 2023). Net loss: ₹91.3m (loss narrowed 16% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Duyuru • May 21
Maris Spinners Limited to Report Fiscal Year 2024 Results on May 29, 2024 Maris Spinners Limited announced that they will report fiscal year 2024 results on May 29, 2024 Duyuru • Feb 12
Maris Spinners Limited to Report Q3, 2024 Results on Feb 12, 2024 Maris Spinners Limited announced that they will report Q3, 2024 results on Feb 12, 2024 New Risk • Oct 18
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 9.1% 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 (9.1% average weekly change). Earnings have declined by 2.8% per year over the past 5 years. Market cap is less than US$10m (₹339.5m market cap, or US$4.08m). Minor Risk High level of debt (208% net debt to equity). Duyuru • Oct 01
Maris Spinners Limited Approves Change of Designation of Mr. T. Raghuraman from Wholetime Director to Managing Director Maris Spinners Limited at its AGM held on September 29, 2023, approved Change of designation of Mr. T. Raghuraman [DIN: 01722570] from Wholetime Director to Managing Director and his appointment as Managing Director of the Company for a period of three years with effect from 23rd September 2023 to 22nd September 2026. New Risk • Aug 15
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. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.8% per year over the past 5 years. Market cap is less than US$10m (₹264.3m market cap, or US$3.17m). Minor Risks High level of debt (208% net debt to equity). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.5% average weekly change). New Risk • Aug 13
New major risk - Revenue and earnings growth Earnings have declined by 2.8% 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 2.8% per year over the past 5 years. Market cap is less than US$10m (₹321.0m market cap, or US$3.87m). Minor Risks High level of debt (208% net debt to equity). Paying a dividend despite having no free cash flows. Reported Earnings • Aug 13
First quarter 2024 earnings released: ₹4.43 loss per share (vs ₹3.30 profit in 1Q 2023) First quarter 2024 results: ₹4.43 loss per share (down from ₹3.30 profit in 1Q 2023). Revenue: ₹473.9m (up 7.2% from 1Q 2023). Net loss: ₹35.1m (down 234% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings. Duyuru • Aug 01
Maris Spinners Limited to Report Q2, 2024 Results on Aug 11, 2023 Maris Spinners Limited announced that they will report Q2, 2024 results on Aug 11, 2023 Reported Earnings • May 17
Full year 2023 earnings released: ₹14.13 loss per share (vs ₹19.47 profit in FY 2022) Full year 2023 results: ₹14.13 loss per share (down from ₹19.47 profit in FY 2022). Revenue: ₹1.50b (down 13% from FY 2022). Net loss: ₹108.6m (down 170% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 91% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 07
Third quarter 2023 earnings released: ₹7.94 loss per share (vs ₹8.21 profit in 3Q 2022) Third quarter 2023 results: ₹7.94 loss per share (down from ₹8.21 profit in 3Q 2022). Revenue: ₹370.2m (down 34% from 3Q 2022). Net loss: ₹62.9m (down 197% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 47% per year whereas the company’s share price has increased by 42% per year. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorated over the past week After last week's 23% share price decline to ₹63.00, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 54% over the past three years. Board Change • Nov 16
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 not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Additional Independent Director S. Swaminathan 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 16
Second quarter 2023 earnings released: ₹7.99 loss per share (vs ₹5.23 profit in 2Q 2022) Second quarter 2023 results: ₹7.99 loss per share (down from ₹5.23 profit in 2Q 2022). Revenue: ₹240.0m (down 48% from 2Q 2022). Net loss: ₹63.4m (down 253% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Duyuru • Oct 29
Maris Spinners Limited to Report Q2, 2022 Results on Nov 08, 2022 Maris Spinners Limited announced that they will report Q2, 2022 results on Nov 08, 2022 Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improved over the past week After last week's 22% share price gain to ₹99.35, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 109% over the past three years. Upcoming Dividend • Sep 06
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 13 September 2022. Payment date: 23 October 2022. Payout ratio is a comfortable 5.5% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (0.5%). Duyuru • Aug 24
Maris Spinners Limited, Annual General Meeting, Sep 23, 2022 Maris Spinners Limited, Annual General Meeting, Sep 23, 2022, at 10:15 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: ₹3.30 (vs ₹4.77 in 1Q 2022) First quarter 2023 results: EPS: ₹3.30 (down from ₹4.77 in 1Q 2022). Revenue: ₹442.2m (up 129% from 1Q 2022). Net income: ₹26.1m (down 31% from 1Q 2022). Profit margin: 5.9% (down from 20% 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 100% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 15% share price gain to ₹69.00, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹85.70, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 94% over the past three years. Duyuru • May 05
Maris Spinners Limited to Report Fiscal Year 2022 Results on May 14, 2022 Maris Spinners Limited announced that they will report fiscal year 2022 results on May 14, 2022 Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Additional Independent Director S. Swaminathan 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. Lack of board continuity. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improved over the past week After last week's 17% share price gain to ₹132, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 199% over the past three years. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹89.45, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 11x in the Luxury industry in India. Total returns to shareholders of 69% over the past three years. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹8.21 (up from ₹4.67 in 3Q 2021). Revenue: ₹557.0m (up 62% from 3Q 2021). Net income: ₹65.0m (up 71% from 3Q 2021). Profit margin: 12% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improved over the past week After last week's 24% share price gain to ₹108, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 101% over the past three years. Duyuru • Feb 03
Maris Spinners Limited to Report Q3, 2022 Results on Feb 11, 2022 Maris Spinners Limited announced that they will report Q3, 2022 results on Feb 11, 2022 Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improved over the past week After last week's 17% share price gain to ₹89.45, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improved over the past week After last week's 22% share price gain to ₹85.50, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 58% over the past three years. Reported Earnings • Nov 12
Second quarter 2022 earnings released: EPS ₹5.23 (vs ₹0.53 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹458.5m (up 71% from 2Q 2021). Net income: ₹41.4m (up ₹45.7m from 2Q 2021). Profit margin: 9.0% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment improved over the past week After last week's 17% share price gain to ₹65.95, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 85% over the past three years. Upcoming Dividend • Sep 01
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 08 September 2021. Payment date: 17 October 2021. Trailing yield: 1.6%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.4%). Reported Earnings • Aug 18
First quarter 2022 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹193.2m (up 239% from 1Q 2021). Net income: ₹37.8m (up ₹66.2m from 1Q 2021). Profit margin: 20% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹61.20, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 8.6% over the past three years. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improved over the past week After last week's 17% share price gain to ₹83.00, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 40% over the past three years. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 20% share price gain to ₹50.80, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 19x in the Luxury industry in India. Total loss to shareholders of 16% over the past three years. Reported Earnings • Jul 07
Full year 2021 earnings released: EPS ₹8.04 (vs ₹2.63 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹1.09b (down 13% from FY 2020). Net income: ₹67.6m (up ₹89.1m from FY 2020). Profit margin: 6.2% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. 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 7% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Mar 02
New 90-day high: ₹32.00 The company is up 2.0% from its price of ₹31.35 on 02 December 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 15% over the same period. Reported Earnings • Feb 18
Third quarter 2021 earnings released: EPS ₹4.67 (vs ₹1.11 loss in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: ₹343.3m (flat on 3Q 2020). Net income: ₹38.1m (up ₹47.2m from 3Q 2020). Profit margin: 11% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 88% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Duyuru • Feb 02
Maris Spinners Limited to Report Q3, 2021 Results on Feb 12, 2021 Maris Spinners Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Jan 27
New 90-day low: ₹16.65 The company is down 50% from its price of ₹33.10 on 29 October 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: ₹18.90 The company is down 2.0% from its price of ₹19.38 on 22 September 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 27% over the same period. Reported Earnings • Nov 15
Second quarter 2021 earnings released: ₹0.53 loss per share The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: ₹269.0m (down 10% from 2Q 2020). Net loss: ₹4.33m (loss narrowed 51% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 89% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Oct 22
New 90-day high: ₹27.55 The company is up 268% from its price of ₹7.49 on 24 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 13% over the same period. Is New 90 Day High Low • Oct 07
New 90-day high: ₹20.00 The company is up 186% from its price of ₹7.00 on 08 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 16% over the same period. Duyuru • Sep 13
Maris Spinners Limited to Report Q1, 2021 Results on Aug 10, 2020 Maris Spinners Limited announced that they will report Q1, 2021 results on Aug 10, 2020 Duyuru • Jun 19
Maris Spinners Limited to Report Q4, 2020 Results on Jun 30, 2020 Maris Spinners Limited announced that they will report Q4, 2020 results on Jun 30, 2020