Price Target Changed • Jun 01
Price target decreased by 15% to ₹469 Down from ₹554, the current price target is an average from 8 analysts. New target price is 22% above last closing price of ₹385. Stock is down 38% over the past year. The company is forecast to post earnings per share of ₹16.71 for next year compared to ₹14.70 last year. Declared Dividend • May 30
Dividend of ₹1.50 announced Dividend of ₹1.50 is the same as last year. Ex-date: 31st July 2026 Payment date: 6th September 2026 Dividend yield will be 0.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (10% earnings payout ratio) but not adequately covered by cash flows (93% cash payout ratio). The dividend has not increased over the past 2 years but payments have been stable during that time. EPS is expected to grow by 38% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Duyuru • May 29
Cello World Limited announces Annual dividend, payable on September 06, 2026 Cello World Limited announced Annual dividend of INR 1.5000 per share payable on September 06, 2026, ex-date on July 31, 2026 and record date on July 31, 2026. Reported Earnings • May 28
Full year 2026 earnings: EPS in line with analyst expectations despite revenue beat Full year 2026 results: EPS: ₹14.70 (down from ₹15.50 in FY 2025). Revenue: ₹23.8b (up 9.1% from FY 2025). Net income: ₹3.32b (down 2.2% from FY 2025). Profit margin: 14% (down from 16% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Consumer Durables industry in India. Duyuru • May 28
Cello World Limited, Annual General Meeting, Aug 07, 2026 Cello World Limited, Annual General Meeting, Aug 07, 2026, at 11:00 Indian Standard Time. Duyuru • May 22
Cello World Limited to Report Fiscal Year 2026 Results on May 27, 2026 Cello World Limited announced that they will report fiscal year 2026 results on May 27, 2026 Price Target Changed • Feb 17
Price target decreased by 16% to ₹587 Down from ₹695, the current price target is an average from 7 analysts. New target price is 26% above last closing price of ₹467. Stock is down 24% over the past year. The company is forecast to post earnings per share of ₹14.80 for next year compared to ₹15.50 last year. Reported Earnings • Feb 16
Third quarter 2026 earnings: EPS and revenues miss analyst expectations Third quarter 2026 results: EPS: ₹2.88 (down from ₹3.99 in 3Q 2025). Revenue: ₹5.70b (up 2.4% from 3Q 2025). Net income: ₹636.4m (down 26% from 3Q 2025). Profit margin: 11% (down from 16% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Durables industry in India. Duyuru • Feb 10
Cello World Limited to Report Q3, 2026 Results on Feb 14, 2026 Cello World Limited announced that they will report Q3, 2026 results at 4:00 PM, Indian Standard Time on Feb 14, 2026 Reported Earnings • Nov 11
Second quarter 2026 earnings: EPS and revenues exceed analyst expectations Second quarter 2026 results: EPS: ₹3.87 (up from ₹3.69 in 2Q 2025). Revenue: ₹6.01b (up 23% from 2Q 2025). Net income: ₹856.6m (up 4.9% from 2Q 2025). Profit margin: 14% (down from 17% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 7.5%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Durables industry in India. Duyuru • Nov 04
Cello World Limited to Report Q2, 2026 Results on Nov 10, 2025 Cello World Limited announced that they will report Q2, 2026 results on Nov 10, 2025 Price Target Changed • Aug 15
Price target decreased by 7.3% to ₹705 Down from ₹760, the current price target is an average from 6 analysts. New target price is 33% above last closing price of ₹530. Stock is down 40% over the past year. The company is forecast to post earnings per share of ₹16.00 for next year compared to ₹15.50 last year. Duyuru • Aug 06
Cello World Limited to Report Q1, 2026 Results on Aug 11, 2025 Cello World Limited announced that they will report Q1, 2026 results on Aug 11, 2025 Upcoming Dividend • Jul 25
Upcoming dividend of ₹1.50 per share Eligible shareholders must have bought the stock before 01 August 2025. Payment date: 07 September 2025. Payout ratio is a comfortable 9.7% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.2%). In line with average of industry peers (0.4%). Reported Earnings • Jul 23
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: ₹15.50. Revenue: ₹21.8b (up 7.7% from FY 2024). Net income: ₹3.39b (up 2.3% from FY 2024). Profit margin: 16% (in line with FY 2024). Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 1.1%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Durables industry in India. Duyuru • May 26
Cello World Limited, Annual General Meeting, Aug 08, 2025 Cello World Limited, Annual General Meeting, Aug 08, 2025, at 13:30 Indian Standard Time. Declared Dividend • May 26
Dividend of ₹1.50 announced Dividend of ₹1.50 is the same as last year. Ex-date: 1st August 2025 Payment date: 7th September 2025 Dividend yield will be 0.2%, which is lower than the industry average of 0.5%. Sustainability & Growth Dividend is well covered by both earnings (9% earnings payout ratio) and cash flows (35% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 41% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 24
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: ₹15.50. Revenue: ₹21.8b (up 9.0% from FY 2024). Net income: ₹3.39b (up 2.3% from FY 2024). Profit margin: 16% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 1.1%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Consumer Durables industry in India. Duyuru • May 24
Cello World Limited announces Annual dividend, payable on September 07, 2025 Cello World Limited announced Annual dividend of INR 1.5000 per share payable on September 07, 2025, ex-date on August 01, 2025 and record date on August 01, 2025. Duyuru • May 19
Cello World Limited to Report Fiscal Year 2025 Results on May 23, 2025 Cello World Limited announced that they will report fiscal year 2025 results on May 23, 2025 Price Target Changed • Feb 15
Price target decreased by 14% to ₹787 Down from ₹910, the current price target is an average from 6 analysts. New target price is 28% above last closing price of ₹613. Stock is down 27% over the past year. The company is forecast to post earnings per share of ₹15.24 for next year compared to ₹15.60 last year. Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: ₹3.99 (vs ₹4.18 in 3Q 2024) Third quarter 2025 results: EPS: ₹3.99 (down from ₹4.18 in 3Q 2024). Revenue: ₹5.69b (up 11% from 3Q 2024). Net income: ₹864.0m (down 2.7% from 3Q 2024). Profit margin: 15% (down from 17% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Consumer Durables industry in India. Duyuru • Feb 05
Cello World Limited to Report Q3, 2025 Results on Feb 11, 2025 Cello World Limited announced that they will report Q3, 2025 results on Feb 11, 2025 Price Target Changed • Nov 19
Price target decreased by 7.8% to ₹930 Down from ₹1,009, the current price target is an average from 6 analysts. New target price is 19% above last closing price of ₹783. Stock is down 0.2% over the past year. The company is forecast to post earnings per share of ₹17.14 for next year compared to ₹15.60 last year. Reported Earnings • Nov 14
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: ₹3.69 (up from ₹3.65 in 2Q 2024). Revenue: ₹5.03b (up 6.7% from 2Q 2024). Net income: ₹816.4m (up 5.4% from 2Q 2024). Profit margin: 16% (in line with 2Q 2024). Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 2.9%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Consumer Durables industry in India. Duyuru • Nov 08
Cello World Limited to Report Q2, 2025 Results on Nov 12, 2024 Cello World Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Duyuru • Aug 13
Cello World Limited Approves Dividend for Year 2023-24 Cello World Limited at its AGM held on August 10, 2024 approved the dividend of @ 30% i.e. INR 1.50/- each on Equity shares of the Company of face value of INR 5/- each for the financial year 2023-24. Reported Earnings • Aug 12
First quarter 2025 earnings: EPS and revenues miss analyst expectations First quarter 2025 results: EPS: ₹3.89 (up from ₹3.65 in 1Q 2024). Revenue: ₹5.07b (up 7.4% from 1Q 2024). Net income: ₹825.8m (up 6.6% from 1Q 2024). Profit margin: 16% (in line with 1Q 2024). Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 5.1%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Durables industry in India. Duyuru • Aug 07
Cello World Limited to Report Q1, 2025 Results on Aug 11, 2024 Cello World Limited announced that they will report Q1, 2025 results on Aug 11, 2024 New Risk • May 30
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 27% 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. This is currently the only risk that has been identified for the company. Duyuru • May 25
Cello World Limited, Annual General Meeting, Aug 10, 2024 Cello World Limited, Annual General Meeting, Aug 10, 2024. Duyuru • May 24
Cello World Limited Proposes Final Dividend for the Financial Year 2023-24, Payable on or After August 15, 2024 Cello World Limited proposed final dividend @ 30% i.e INR 1.50/- each on Equity Shares of the Company of face value of INR 5/- each for the financial year 2023-24, subject to approval of Members at the ensuing Annual General Meeting (AGM) of the Company. The Dividend, if approved, by the members at the ensuing AGM will be credited/dispatched to the shareholders on or after the 5th day from the date of AGM. The Dividend when sanctioned will be payable to those Equity Shareholders, holding shares on the close of August 2, 2024 and will be paid on or after August 15, 2024. Duyuru • May 16
Cello World Limited to Report Fiscal Year 2024 Results on May 23, 2024 Cello World Limited announced that they will report fiscal year 2024 results on May 23, 2024 Duyuru • Jan 30
Cello World Limited to Report Q3, 2024 Results on Feb 09, 2024 Cello World Limited announced that they will report Q3, 2024 results on Feb 09, 2024 Recent Insider Transactions • Jan 02
Chief Financial Officer recently bought ₹937k worth of stock On the 27th of December, Atul Parolia bought around 1k shares on-market at roughly ₹779 per share. This transaction increased Atul's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Atul's only on-market trade for the last 12 months. Duyuru • Nov 18
Cello World Limited to Report First Half, 2024 Results on Nov 25, 2023 Cello World Limited announced that they will report first half, 2024 results on Nov 25, 2023 Board Change • Nov 07
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Pushap Singhvi was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. 
