Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹11,166, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 21x in the Chemicals industry in India. Total returns to shareholders of 2.5% over the past three years. Reported Earnings • Feb 20
Third quarter 2026 earnings released: EPS: ₹101 (vs ₹104 in 3Q 2025) Third quarter 2026 results: EPS: ₹101 (down from ₹104 in 3Q 2025). Revenue: ₹221.2m (down 2.1% from 3Q 2025). Net income: ₹12.1m (down 2.8% from 3Q 2025). Profit margin: 5.5% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year. Duyuru • Feb 04
Polson Limited to Report Q3, 2026 Results on Feb 14, 2026 Polson Limited announced that they will report Q3, 2026 results at 9:15 AM, Indian Standard Time on Feb 14, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹102 (vs ₹95.83 in 2Q 2025) Second quarter 2026 results: EPS: ₹102 (up from ₹95.83 in 2Q 2025). Revenue: ₹220.0m (up 4.0% from 2Q 2025). Net income: ₹12.2m (up 6.3% from 2Q 2025). Profit margin: 5.6% (up from 5.4% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year. Duyuru • Nov 08
Polson Limited to Report Q2, 2026 Results on Nov 14, 2025 Polson Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Duyuru • Sep 08
Polson Limited, Annual General Meeting, Sep 30, 2025 Polson Limited, Annual General Meeting, Sep 30, 2025, at 10:00 Indian Standard Time. Location: chitrakuti at ambaghat, vishalgad, taluka-shahuwadi, kolhapur- 415101., vishalgad India Reported Earnings • Aug 15
First quarter 2026 earnings released: EPS: ₹102 (vs ₹119 in 1Q 2025) First quarter 2026 results: EPS: ₹102 (down from ₹119 in 1Q 2025). Revenue: ₹239.1m (down 3.2% from 1Q 2025). Net income: ₹12.3m (down 14% from 1Q 2025). Profit margin: 5.1% (down from 5.8% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 2% per year. Reported Earnings • May 31
Full year 2025 earnings released: EPS: ₹436 (vs ₹433 in FY 2024) Full year 2025 results: EPS: ₹436 (up from ₹433 in FY 2024). Revenue: ₹951.4m (down 1.3% from FY 2024). Net income: ₹52.3m (flat on FY 2024). Profit margin: 5.5% (up from 5.4% in FY 2024). The increase in margin was driven by lower expenses. 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 9% per year, which means it is well ahead of earnings. Duyuru • May 23
Polson Limited to Report Q4, 2025 Results on May 30, 2025 Polson Limited announced that they will report Q4, 2025 results on May 30, 2025 New Risk • Feb 15
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: 4.7% Last year net profit margin: 6.9% 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 14% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (4.7% net profit margin). Market cap is less than US$100m (₹1.46b market cap, or US$16.8m). Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹104 (vs ₹116 in 3Q 2024) Third quarter 2025 results: EPS: ₹104 (down from ₹116 in 3Q 2024). Revenue: ₹229.0m (up 13% from 3Q 2024). Net income: ₹12.5m (down 11% from 3Q 2024). Profit margin: 5.4% (down from 6.9% in 3Q 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 2% per year, which means it is well ahead of earnings. Duyuru • Feb 05
Polson Limited to Report Q3, 2025 Results on Feb 14, 2025 Polson Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹95.83 (vs ₹103 in 2Q 2024) Second quarter 2025 results: EPS: ₹95.83 (down from ₹103 in 2Q 2024). Revenue: ₹214.2m (down 3.8% from 2Q 2024). Net income: ₹11.5m (down 6.8% from 2Q 2024). Profit margin: 5.4% (down from 5.5% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Nov 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.1% to ₹14,019. The fair value is estimated to be ₹17,793, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Earnings per share has declined by 27%. Buy Or Sell Opportunity • Oct 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.0% to ₹14,065. The fair value is estimated to be ₹17,703, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Earnings per share has declined by 27%. Duyuru • Oct 03
Polson Limited Appoints Youhaan Amol Kapadia as an Executive Director Polson Limited announced that at its AGM held on September 30, 2024, the shareholders approved to appoint Mr. Youhaan Amol Kapadia as an Executive Director of the Company. Duyuru • Sep 06
Polson Limited, Annual General Meeting, Sep 30, 2024 Polson Limited, Annual General Meeting, Sep 30, 2024, at 10:00 Indian Standard Time. Location: chitrakuti at ambaghat, vishalgad, taluka-shahuwadi, kolhapur- 415101., vishalgad India Reported Earnings • Aug 16
First quarter 2025 earnings released: EPS: ₹119 (vs ₹168 in 1Q 2024) First quarter 2025 results: EPS: ₹119 (down from ₹168 in 1Q 2024). Revenue: ₹250.3m (down 16% from 1Q 2024). Net income: ₹14.3m (down 29% from 1Q 2024). Profit margin: 5.7% (down from 6.8% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Duyuru • Aug 07
Polson Limited to Report Q1, 2025 Results on Aug 14, 2024 Polson Limited announced that they will report Q1, 2025 results at 3:30 PM, Indian Standard Time on Aug 14, 2024 Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹15,604, the stock trades at a trailing P/E ratio of 36x. Average trailing P/E is 34x in the Chemicals industry in India. Total returns to shareholders of 8.3% over the past three years. Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹116 (vs ₹87.09 in 3Q 2023) Third quarter 2024 results: EPS: ₹116 (up from ₹87.09 in 3Q 2023). Revenue: ₹205.2m (up 11% from 3Q 2023). Net income: ₹14.0m (up 34% from 3Q 2023). Profit margin: 6.8% (up from 5.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Duyuru • Feb 07
Polson Limited to Report Q3, 2024 Results on Feb 13, 2024 Polson Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: ₹103 (vs ₹76.33 in 2Q 2023) Second quarter 2024 results: EPS: ₹103 (up from ₹76.33 in 2Q 2023). Revenue: ₹225.6m (up 16% from 2Q 2023). Net income: ₹12.3m (up 35% from 2Q 2023). Profit margin: 5.5% (up from 4.7% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Reported Earnings • Aug 16
First quarter 2024 earnings released: EPS: ₹168 (vs ₹152 in 1Q 2023) First quarter 2024 results: EPS: ₹168 (up from ₹152 in 1Q 2023). Revenue: ₹300.9m (up 7.6% from 1Q 2023). Net income: ₹20.2m (up 11% from 1Q 2023). Profit margin: 6.7% (up from 6.5% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Duyuru • Aug 16
Polson Limited, Annual General Meeting, Sep 29, 2023 Polson Limited, Annual General Meeting, Sep 29, 2023, at 10:00 Indian Standard Time. Location: ChitraKuti at Ambaghat, Vishatgad, Tatuka-5hahuwadi, Dist. Kothapur Kolhapur India Agenda: To consider reappointment of Mr. Rajiv Ghanshyam Agarwat as Director. Duyuru • Aug 09
Polson Limited to Report Q1, 2024 Results on Aug 14, 2023 Polson Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: ₹402 (vs ₹519 in FY 2022) Full year 2023 results: EPS: ₹402 (down from ₹519 in FY 2022). Revenue: ₹860.4m (down 12% from FY 2022). Net income: ₹48.3m (down 23% from FY 2022). Profit margin: 5.6% (down from 6.3% in FY 2022). 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 19% per year, which means it is well ahead of earnings. Duyuru • Feb 07
Polson Limited to Report Q3, 2023 Results on Feb 14, 2023 Polson Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Duyuru • Sep 08
Polson Limited, Annual General Meeting, Sep 30, 2022 Polson Limited, Annual General Meeting, Sep 30, 2022, at 10:00 Indian Standard Time. Location: Ambaghat, Vishalgad Taluka-Shahuwadi, Dist. Kolhapur Kolhapur Maharashtra India Agenda: To receive, consider and adopt the Audited Standalone Financial Statements as at 31 March 2022 along with the Profit and Loss Account for the year ended on that date and the Report of the Board of Directors' and Auditor's thereon; to appoint a director in place of Mr. Dhau Lambore (DIN: 02274626) who retires by rotation in terms of section 152 (6) of the Companies Act, 2013, and being eligible, has offered himself for re- appointment; to re-appoint M/s R G B& Associates, Chartered Accountants as Statutory Auditors of the Company; and to consider other matters. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improved over the past week After last week's 18% share price gain to ₹13,080, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 61% over the past three years. Duyuru • Aug 06
Polson Limited to Report Q1, 2023 Results on Aug 13, 2022 Polson Limited announced that they will report Q1, 2023 results on Aug 13, 2022 Reported Earnings • Jun 05
Full year 2022 earnings released: EPS: ₹519 (vs ₹711 in FY 2021) Full year 2022 results: EPS: ₹519 (down from ₹711 in FY 2021). Revenue: ₹975.3m (up 8.6% from FY 2021). Net income: ₹62.3m (down 27% from FY 2021). Profit margin: 6.4% (down from 9.5% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Bhavin Sheth was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹9,997, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 18x in the Chemicals industry in India. Total loss to shareholders of 4.2% over the past three years. Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹69.64 (down from ₹267 in 3Q 2021). Revenue: ₹215.5m (down 28% from 3Q 2021). Net income: ₹8.36m (down 74% from 3Q 2021). Profit margin: 3.9% (down from 11% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Duyuru • Feb 08
Polson Limited to Report Q3, 2022 Results on Feb 14, 2022 Polson Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Bhavin Sheth was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 18
Second quarter 2022 earnings released: EPS ₹235 (vs ₹248 in 2Q 2021) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹338.7m (up 37% from 2Q 2021). Net income: ₹28.2m (down 5.3% from 2Q 2021). Profit margin: 8.3% (down from 12% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 27% share price gain to ₹14,952, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 6.9% over the past three years. Reported Earnings • Jul 03
Full year 2021 earnings released: EPS ₹711 (vs ₹592 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: ₹925.9m (down 5.9% from FY 2020). Net income: ₹85.3m (up 20% from FY 2020). Profit margin: 9.2% (up from 7.2% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improved over the past week After last week's 23% share price gain to ₹11,679, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 20x in the Chemicals industry in India. Total loss to shareholders of 13% over the past three years. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improved over the past week After last week's 28% share price gain to ₹11,131, the stock is trading at a trailing P/E ratio of 18.2x, up from the previous P/E ratio of 14.2x. This compares to an average P/E of 17x in the Chemicals industry in India. Total return to shareholders over the past three years is a loss of 29%. Is New 90 Day High Low • Feb 26
New 90-day high: ₹9,388 The company is up 15% from its price of ₹8,179 on 27 November 2020. The Indian market is up 19% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Chemicals industry, which is up 13% over the same period. Reported Earnings • Feb 17
Third quarter 2021 earnings released: EPS ₹267 (vs ₹210 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: ₹298.6m (flat on 3Q 2020). Net income: ₹32.0m (up 27% from 3Q 2020). Profit margin: 11% (up from 8.4% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 20% per year. Duyuru • Feb 04
Polson Limited to Report Q3, 2021 Results on Feb 13, 2021 Polson Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Is New 90 Day High Low • Feb 03
New 90-day high: ₹9,248 The company is up 22% from its price of ₹7,550 on 05 November 2020. The Indian market is also up 22% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Chemicals industry, which is up 16% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: ₹8,837 The company is up 1.0% from its price of ₹8,756 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 16% over the same period. Duyuru • Dec 03
Polson Limited, Annual General Meeting, Dec 24, 2020 Polson Limited, Annual General Meeting, Dec 24, 2020, at 12:30 Indian Standard Time. Agenda: To receive, consider and adopt the audited standalone financial statements as at 31 March 2020, along with the profit and loss account for the year ended on that date and the report of the board of directors' and auditor's thereon; and to appoint a director in place of Smt. Sushila Jagdish Kapadia who retires by rotation in terms of section 152 (6) of the Companies Act, 2013, and being eligible, has offered himself for re-appointment. Duyuru • Nov 07
Polson Limited to Report Q2, 2021 Results on Nov 13, 2020 Polson Limited announced that they will report Q2, 2021 results on Nov 13, 2020 Is New 90 Day High Low • Oct 30
New 90-day low: ₹7,549 The company is down 10.0% from its price of ₹8,398 on 31 July 2020. The Indian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 15% over the same period. Is New 90 Day High Low • Oct 15
New 90-day low: ₹7,868 The company is down 8.0% from its price of ₹8,598 on 17 July 2020. The Indian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 15% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: ₹7,989 The company is down 11% from its price of ₹9,025 on 26 June 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 13% over the same period. Reported Earnings • Sep 18
First quarter earnings released Over the last 12 months the company has reported total profits of ₹49.7m, down 52% from the prior year. Total revenue was ₹866.1m over the last 12 months, down 25% from the prior year. Duyuru • Sep 06
Polson Limited to Report Q1, 2021 Results on Sep 15, 2020 Polson Limited announced that they will report Q1, 2021 results on Sep 15, 2020 Duyuru • Jul 24
Polson Limited to Report Q4, 2020 Results on Jul 31, 2020 Polson Limited announced that they will report Q4, 2020 results on Jul 31, 2020 
