Reported Earnings • May 23
Full year 2026 earnings released: ₹0.01 loss per share (vs ₹0.011 profit in FY 2025) Full year 2026 results: ₹0.01 loss per share (down from ₹0.011 profit in FY 2025). Revenue: ₹96.6m (down 76% from FY 2025). Net loss: ₹1.62m (down 196% from profit in FY 2025). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Duyuru • May 12
Sun Retail Limited to Report Second Half, 2026 Results on May 21, 2026 Sun Retail Limited announced that they will report second half, 2026 results on May 21, 2026 Board Change • Apr 21
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. 2 experienced directors. 1 highly experienced director. 1 independent director (2 non-independent directors). Independent Director Rajat Kothari was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Mar 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 9.2% 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 Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). Revenue is less than US$1m (₹26m revenue, or US$282k). Market cap is less than US$10m (₹51.2m market cap, or US$554.0k). Reported Earnings • Nov 20
First half 2026 earnings released First half 2026 results: Revenue: ₹6.71m (down 98% from 1H 2025). Net loss: ₹472.0k (down 112% from profit in 1H 2025). New Risk • Nov 16
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: ₹30m (US$336k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹30m revenue, or US$336k). Market cap is less than US$10m (₹63.6m market cap, or US$717.2k). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change). Duyuru • Nov 08
Sun Retail Limited to Report First Half, 2026 Results on Nov 14, 2025 Sun Retail Limited announced that they will report first half, 2026 results on Nov 14, 2025 Reported Earnings • Sep 05
Full year 2025 earnings released: EPS: ₹0.011 (vs ₹0.072 in FY 2024) Full year 2025 results: EPS: ₹0.011 (down from ₹0.072 in FY 2024). Revenue: ₹397.5m (down 59% from FY 2024). Net income: ₹1.69m (down 85% from FY 2024). Profit margin: 0.4% (down from 1.2% in FY 2024). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Duyuru • Sep 02
Sun Retail Limited, Annual General Meeting, Sep 24, 2025 Sun Retail Limited, Annual General Meeting, Sep 24, 2025, at 12:00 Indian Standard Time. Location: 722, gala empire, drive in road, opp. tv tower thaltej, ahmedabad - 380054 gujarat, ahmedabad India Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹0.01 (vs ₹0.072 in FY 2024) Full year 2025 results: EPS: ₹0.01 (down from ₹0.072 in FY 2024). Revenue: ₹437.7m (down 55% from FY 2024). Net income: ₹1.63m (down 85% from FY 2024). Profit margin: 0.4% (down from 1.2% in FY 2024). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. New Risk • Jun 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$10m (₹91.5m market cap, or US$1.07m). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Large one-off items impacting financial results. Duyuru • May 20
Sun Retail Limited to Report Fiscal Year 2025 Results on May 30, 2025 Sun Retail Limited announced that they will report fiscal year 2025 results on May 30, 2025 New Risk • Feb 25
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 8.9% 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 Market cap is less than US$10m (₹113.3m market cap, or US$1.30m). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Large one-off items impacting financial results. Duyuru • Oct 29
Sun Retail Limited to Report Q2, 2025 Results on Nov 13, 2024 Sun Retail Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Duyuru • Sep 09
Sun Retail Limited, Annual General Meeting, Sep 30, 2024 Sun Retail Limited, Annual General Meeting, Sep 30, 2024, at 10:30 Indian Standard Time. Location: 722, gala empire, drive in road, opp. tv tower thaltej, ahmedabad - 380054 gujarat, ahmedabad India Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to ₹1.10, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 42x in the Consumer Retailing industry in India. Total loss to shareholders of 37% over the past three years. New Risk • May 25
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 56% per year over the past 5 years. Market cap is less than US$10m (₹110.2m market cap, or US$1.33m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (₹249m revenue, or US$3.0m). Duyuru • May 23
Sun Retail Limited to Report Second Half, 2024 Results on May 30, 2024 Sun Retail Limited announced that they will report second half, 2024 results on May 30, 2024 Duyuru • May 09
Sun Retail Limited Announces the Resignation of Sejal Kanjibhai Parmar as Non-Executive Independent Director of the Company Sun Retail Limited announced that Sejal Kanjibhai Parmar the Non-executive Independent Director of the Company shared her resignation letter dated May 8, 2024 from the Non-executive Independent Director of the Company with effect from 08 May, 2024 due to pre-occupation of work. Reported Earnings • Nov 13
First half 2024 earnings released First half 2024 results: ₹0.10 loss per share. Revenue: ₹153.5m (up 418% from 1H 2023). Net loss: ₹15.4m (loss widened 223% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. New Risk • Oct 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 8.9% 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 Less than 1 year of cash runway based on free cash flow trend (-₹8.8m free cash flow). Share price has been highly volatile over the past 3 months (8.9% average weekly change). Earnings have declined by 40% per year over the past 5 years. Market cap is less than US$10m (₹97.8m market cap, or US$1.18m). Minor Risk Revenue is less than US$5m (₹125m revenue, or US$1.5m). Duyuru • Aug 31
Sun Retail Limited, Annual General Meeting, Sep 28, 2023 Sun Retail Limited, Annual General Meeting, Sep 28, 2023, at 09:30 Indian Standard Time. Location: 722, Gala Empire, Drive in Road Opp. Tv Tower Thaltej Ahmedabad-380054 Gujarat Gujarat India Board Change • Nov 16
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, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Additional Independent Director Rajat Kothari was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Duyuru • Nov 05
Sun Retail Limited to Report Q2, 2023 Results on Nov 12, 2022 Sun Retail Limited announced that they will report Q2, 2023 results on Nov 12, 2022 Duyuru • Sep 07
Sun Retail Limited, Annual General Meeting, Sep 29, 2022 Sun Retail Limited, Annual General Meeting, Sep 29, 2022, at 09:30 Indian Standard Time. Agenda: To receive, consider and adopt the audited Balance Sheet as at 31st March 2022, the Statement of Profit and Loss for the year ended on that date together with the schedules thereon, along with the reports of the Board of Directors and Auditors thereon;to Consider Re-appointment of statutory auditor of the company;to Consider the Appointment of Mr. RAKESH NARESHCHANDRA KAPADIA (DIN: 09361904) as Non-Executive Director of company;and to consider other matters. Duyuru • May 21
Sun Retail Limited to Report Second Half, 2022 Results on May 27, 2022 Sun Retail Limited announced that they will report second half, 2022 results on May 27, 2022 Duyuru • May 15
Sun Retail Limited Appoints Rajat Raja Kothari as Additional Independent Director Sun Retail Limited Appointed Mr. Rajat Raja Kothari as Additional Independent Director for a term of 5 (Five) years. His appointment is with effect from May 14, 2022. Mr. Rajat Raja Kothari, 31 years old, is a Company Secretary by qualification and currently working as a Company Secretary and Compliance Officer in a reputed Listed Company situated in Udaipur. He has enriching knowledge and experience of more than 5 years in Corporate & Securities Laws, Finance and Management. Duyuru • May 05
Sun Retail Limited Announces Resignation of Parth Acharya as Independent Director, Effective 7 May 2022 Sun Retail Limited announced the resignation received from Mr. Parth Acharya resigning from the post of Independent Director of the Company effective 7 May 2022 as they are unable to devote the time for the duties of the Independent Director of the company. Buying Opportunity • Apr 29
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 41%. The fair value is estimated to be ₹1.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. 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, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Parth Acharya was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Mar 30
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, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Parth Acharya was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Jul 04
Full year 2021 earnings released: ₹0.16 loss per share (vs ₹0.10 loss in FY 2020) Full year 2021 results: Net loss: ₹1.57m (loss widened 68% from FY 2020). Duyuru • Jan 10
Sun Retail Limited Appoints Parth Maheshbhai Acharya as Additional Independent Director Sun Retail Limited announced the appointment of Mr. Parth Maheshbhai Acharya as Additional Independent Director of the Company. Is New 90 Day High Low • Jan 08
New 90-day high: ₹29.00 The company is up 39% from its price of ₹20.85 on 08 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Retailing industry, which is up 41% over the same period. Duyuru • Jan 05
Sun Retail Limited Announces Resignation of Janak Prakashbhai Patel, Director Sun Retail Limited announced resignation of Mr. JANAK PRAKASHBHAI PATET from the post of Independent Director of the company. Duyuru • Dec 23
Sun Retail Limited Announces Board Changes Sun Retail Limited at its board meeting held on December 22, 2020, approved appointment of Mr. Pranaybhai Nileshbhai Prajapati as Whole Time Director of the company, effective December 22, 2020. Mr. Pranaybhai Nileshbhai Prajapati having experience of more than 2 years in the field of Infrastructure and environmental projects. The company appointed Mr. Raj Nileshkumar Prajapati as Additional Non-executive Director& Chairperson. His appointment is effective December 22, 2020. Mr. Raj Nileshkumar Prajapati having experience of more than 4 years in the field of Infrastructure and environmental projects and is currently the Director of Gahena Infrastructure Private Limited. Appointed Mrs. Bhumika Padiya as Additional Independent Director of the Company. Her appointment is effective December 22, 2020. Mrs. Bhumika Padiya having experience of more than 9 years in the field of Academics & Information Technology and is currently the Designation Partner of Ddhan
Legaltech LLP. Appointed Mr. Ankur Dahyabhai Acharya as Additional Independent Director of the Company. His appointment is effective December 22, 2020. Mr. Ankur Dahyabhai Acharya having experience of more than 20 years in the field of admin & management field and is currently working with Anmol Traders. Took Note of Resignation of Mr. Vikram Desai (Non-executive Director) from the Board of the Company effective due to pre-occupation of work elsewhere. Is New 90 Day High Low • Dec 23
New 90-day high: ₹22.80 The company is up 11% from its price of ₹20.50 on 24 September 2020. The Indian market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 27% over the same period. Duyuru • Dec 18
Sun Retail Limited Announces Appointment of Mr. Mahesh Kishanbhai Moteevaras as Company Secretary and Compliance Officer Sun Retail Limited at board meeting held on December 15, 2020 approved appointment of Mr. Mahesh Kishanbhai Moteevaras (ACS: 63815) as Company Secretary & Compliance Officer of the company w.e.f. December 15, 2020. Brief Profile: Mr. Mahesh Kishanbhai Moteevaras 31 years old is company secretary by qualification and commerce graduate having more than 3 years of experience. He will be the company secretary and compliance officer of the company. Duyuru • Dec 03
Sun Retail Limited, Annual General Meeting, Dec 28, 2020 Sun Retail Limited, Annual General Meeting, Dec 28, 2020, at 09:00 Indian Standard Time. Location: 213/214, Phase-II GIDC, Naroda Ahmedabad Gujarat India Agenda: To consider and adopt the audited Balance Sheet as at March 31, 2020, the statement of profit and loss for the year ended on that date together with the schedules thereon, along with the reports of the board of directors and auditors thereon; and to consider appointment/reappointment of director in place of retiring director. 
