New Risk • Jun 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin). Market cap is less than US$100m (₹1.98b market cap, or US$20.8m). New Risk • May 22
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: 1.0% Last year net profit margin: 8.2% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.2% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin). Market cap is less than US$100m (₹2.11b market cap, or US$22.0m). Reported Earnings • May 22
Full year 2026 earnings released: EPS: ₹4.68 (vs ₹36.60 in FY 2025) Full year 2026 results: EPS: ₹4.68 (down from ₹36.60 in FY 2025). Revenue: ₹6.34b (up 2.8% from FY 2025). Net income: ₹64.7m (down 87% from FY 2025). Profit margin: 1.0% (down from 8.2% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Duyuru • May 11
Shreyans Industries Limited to Report Q4, 2026 Results on May 20, 2026 Shreyans Industries Limited announced that they will report Q4, 2026 results on May 20, 2026 New Risk • Apr 29
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 8.7% 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 (8.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹2.41b market cap, or US$25.4m). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹152, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 26x in the Forestry industry in India. Total returns to shareholders of 4.7% over the past three years. Reported Earnings • Feb 11
Third quarter 2026 earnings released: ₹1.84 loss per share (vs ₹6.58 profit in 3Q 2025) Third quarter 2026 results: ₹1.84 loss per share (down from ₹6.58 profit in 3Q 2025). Revenue: ₹1.59b (down 6.2% from 3Q 2025). Net loss: ₹25.5m (down 128% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 21% 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 • Feb 02
Shreyans Industries Limited to Report Q3, 2026 Results on Feb 10, 2026 Shreyans Industries Limited announced that they will report Q3, 2026 results on Feb 10, 2026 Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: ₹1.62 (vs ₹6.56 in 2Q 2025) Second quarter 2026 results: EPS: ₹1.62 (down from ₹6.56 in 2Q 2025). Revenue: ₹1.43b (up 7.8% from 2Q 2025). Net income: ₹22.3m (down 75% from 2Q 2025). Profit margin: 1.6% (down from 6.8% in 2Q 2025). 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 4% per year, which means it is well ahead of earnings. Duyuru • Nov 03
Shreyans Industries Limited to Report Q2, 2026 Results on Nov 11, 2025 Shreyans Industries Limited announced that they will report Q2, 2026 results on Nov 11, 2025 Duyuru • Aug 14
Shreyans Industries Limited Approves Special Dividend for the Financial Year Ended 31 March, 2025 Shreyans Industries Limited, at the AGM held on 12 August, 2025 approved a special dividend of INR 2 per equity share for the financial year ended 31 March, 2025. Duyuru • Aug 02
Shreyans Industries Limited to Report Q1, 2026 Results on Aug 12, 2025 Shreyans Industries Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • Jul 22
Full year 2025 earnings released: EPS: ₹18.30 (vs ₹31.62 in FY 2024) Full year 2025 results: EPS: ₹18.30 (down from ₹31.62 in FY 2024). Revenue: ₹6.17b (down 12% from FY 2024). Net income: ₹506.0m (down 42% from FY 2024). Profit margin: 8.2% (down from 13% in FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 21
Dividend of ₹5.00 announced Dividend of ₹5.00 is the same as last year. Ex-date: 5th August 2025 Payment date: 11th September 2025 Dividend yield will be 2.0%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (8% 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 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • Jul 20
Shreyans Industries Limited announces Annual dividend, payable on September 11, 2025 Shreyans Industries Limited announced Annual dividend of INR 3.0000 per share payable on September 11, 2025, ex-date on August 05, 2025 and record date on August 05, 2025. Duyuru • Jul 18
Shreyans Industries Limited, Annual General Meeting, Aug 12, 2025 Shreyans Industries Limited, Annual General Meeting, Aug 12, 2025, at 11:00 Indian Standard Time. Location: village bholapur, p.o. sahabana, chandigarh road, ludhiana-141123., ludhiana India New Risk • Jun 18
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 High level of non-cash earnings (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change). Profit margins are more than 30% lower than last year (8.2% net profit margin). Market cap is less than US$100m (₹3.07b market cap, or US$35.6m). Reported Earnings • May 24
Full year 2025 earnings released: EPS: ₹36.60 (vs ₹63.24 in FY 2024) Full year 2025 results: EPS: ₹36.60 (down from ₹63.24 in FY 2024). Revenue: ₹6.35b (down 9.2% from FY 2024). Net income: ₹506.0m (down 42% from FY 2024). Profit margin: 8.0% (down from 13% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 27% per year. Duyuru • May 10
Shreyans Industries Limited to Report Q4, 2025 Results on May 20, 2025 Shreyans Industries Limited announced that they will report Q4, 2025 results on May 20, 2025 New Risk • Feb 19
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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.8% net profit margin). Market cap is less than US$100m (₹2.52b market cap, or US$29.0m). Reported Earnings • Feb 06
Third quarter 2025 earnings released: EPS: ₹6.58 (vs ₹15.08 in 3Q 2024) Third quarter 2025 results: EPS: ₹6.58 (down from ₹15.08 in 3Q 2024). Revenue: ₹1.72b (flat on 3Q 2024). Net income: ₹91.0m (down 56% from 3Q 2024). Profit margin: 5.3% (down from 12% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Duyuru • Jan 19
Shreyans Industries Limited to Report Q3, 2025 Results on Feb 05, 2025 Shreyans Industries Limited announced that they will report Q3, 2025 results on Feb 05, 2025 Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: ₹6.56 (vs ₹14.25 in 2Q 2024) Second quarter 2025 results: EPS: ₹6.56 (down from ₹14.25 in 2Q 2024). Revenue: ₹1.42b (down 17% from 2Q 2024). Net income: ₹90.7m (down 54% from 2Q 2024). Profit margin: 6.4% (down from 12% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Duyuru • Oct 25
Shreyans Industries Limited to Report Q2, 2025 Results on Nov 07, 2024 Shreyans Industries Limited announced that they will report Q2, 2025 results on Nov 07, 2024 Board Change • Aug 12
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Ravinder Kumar was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Aug 05
Shreyans Industries Limited Announces Cessation of Pratibha Goyal as Independent Director, Effective August 9, 2024 Shreyans Industries Limited announced at the board meeting held on August 5, 2024, approved Dr. Pratibha Goyal shall cease to be an independent Director of the Company upon completion of her second term of 5 consecutive years on 9th August 2024. Duyuru • Jul 22
Shreyans Industries Limited to Report Q1, 2025 Results on Aug 05, 2024 Shreyans Industries Limited announced that they will report Q1, 2025 results at 4:00 PM, Indian Standard Time on Aug 05, 2024 Declared Dividend • Jul 17
Dividend of ₹5.00 announced Shareholders will receive a dividend of ₹5.00. Ex-date: 29th July 2024 Payment date: 4th September 2024 Dividend yield will be 1.6%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (5% earnings payout ratio) and cash flows (13% 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 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 16
Full year 2024 earnings released: EPS: ₹63.24 (vs ₹53.14 in FY 2023) Full year 2024 results: EPS: ₹63.24 (up from ₹53.14 in FY 2023). Revenue: ₹6.99b (down 19% from FY 2023). Net income: ₹874.2m (up 19% from FY 2023). Profit margin: 13% (up from 8.5% in FY 2023). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 15
Shreyans Industries Limited, Annual General Meeting, Aug 05, 2024 Shreyans Industries Limited, Annual General Meeting, Aug 05, 2024, at 11:00 Indian Standard Time. Location: village bholapur, p.o. sahabana, chandigarh road, ludhiana-141123., ludhiana India New Risk • Jul 08
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 8.7% 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 (8.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹4.58b market cap, or US$54.9m). Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹332, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 27x in the Forestry industry in India. Total returns to shareholders of 197% over the past three years. Buy Or Sell Opportunity • Jul 02
Now 16% undervalued Over the last 90 days, the stock has risen 22% to ₹294. The fair value is estimated to be ₹348, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 78%. Buy Or Sell Opportunity • Jun 25
Now 21% undervalued Over the last 90 days, the stock has risen 28% to ₹274. The fair value is estimated to be ₹347, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 78%. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹272, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 27x in the Forestry industry in India. Total returns to shareholders of 186% over the past three years. New Risk • May 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 36% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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. Large one-off items impacting financial results. Market cap is less than US$100m (₹3.19b market cap, or US$38.3m). Reported Earnings • May 12
Full year 2024 earnings released: EPS: ₹63.24 (vs ₹53.14 in FY 2023) Full year 2024 results: EPS: ₹63.24 (up from ₹53.14 in FY 2023). Revenue: ₹7.34b (down 15% from FY 2023). Net income: ₹874.2m (up 19% from FY 2023). Profit margin: 12% (up from 8.5% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 24
Shreyans Industries Limited to Report Q4, 2024 Results on May 10, 2024 Shreyans Industries Limited announced that they will report Q4, 2024 results on May 10, 2024 Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹15.08 (vs ₹14.59 in 3Q 2023) Third quarter 2024 results: EPS: ₹15.08 (up from ₹14.59 in 3Q 2023). Revenue: ₹1.88b (down 18% from 3Q 2023). Net income: ₹208.5m (up 3.4% from 3Q 2023). Profit margin: 11% (up from 8.8% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth. Duyuru • Jan 30
Shreyans Industries Limited to Report Q3, 2024 Results on Feb 14, 2024 Shreyans Industries Limited announced that they will report Q3, 2024 results at 12:08 PM, Indian Standard Time on Feb 14, 2024 Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹288, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 9x in the Forestry industry in India. Total returns to shareholders of 253% over the past three years. Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: ₹14.25 (vs ₹15.03 in 2Q 2023) Second quarter 2024 results: EPS: ₹14.25 (down from ₹15.03 in 2Q 2023). Revenue: ₹1.71b (down 19% from 2Q 2023). Net income: ₹196.9m (down 5.2% from 2Q 2023). Profit margin: 12% (up from 9.8% in 2Q 2023). The increase in margin was driven by lower expenses. 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 59% per year, which means it is significantly lagging earnings growth. Duyuru • Oct 28
Shreyans Industries Limited to Report Q2, 2024 Results on Nov 07, 2023 Shreyans Industries Limited announced that they will report Q2, 2024 results on Nov 07, 2023 Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹278, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 9x in the Forestry industry in India. Total returns to shareholders of 306% over the past three years. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹233, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 8x in the Forestry industry in India. Total returns to shareholders of 212% over the past three years. Duyuru • Jul 29
Shreyans Industries Limited to Report Q1, 2024 Results on Aug 10, 2023 Shreyans Industries Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Upcoming Dividend • Jul 27
Upcoming dividend of ₹5.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 03 August 2023. Payment date: 09 September 2023. Payout ratio is a comfortable 4.7% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (1.0%). Reported Earnings • Jul 22
Full year 2023 earnings released: EPS: ₹53.14 (vs ₹7.20 in FY 2022) Full year 2023 results: EPS: ₹53.14 (up from ₹7.20 in FY 2022). Revenue: ₹8.66b (up 48% from FY 2022). Net income: ₹734.6m (up ₹635.0m from FY 2022). Profit margin: 8.5% (up from 1.7% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year whereas the company’s share price has increased by 38% per year. New Risk • Jun 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 7.6% 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 6.7% 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 (7.6% average weekly change). Market cap is less than US$100m (₹3.44b market cap, or US$41.8m). Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹212, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 9x in the Forestry industry in India. Total returns to shareholders of 218% over the past three years. Reported Earnings • May 13
Full year 2023 earnings released: EPS: ₹53.14 (vs ₹7.20 in FY 2022) Full year 2023 results: EPS: ₹53.14 (up from ₹7.20 in FY 2022). Revenue: ₹8.71b (up 49% from FY 2022). Net income: ₹734.6m (up ₹635.0m from FY 2022). Profit margin: 8.4% (up from 1.7% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Duyuru • May 13
Shreyans Industries Limited Recommends Dividend for the Financial Year Ended March 31, 2023 Shreyans Industries Limited at its board meeting held on May 12, 2023, approved recommended a Dividend of INR 2.50 per equity share of the Company for the Financial Year ended March 31, 2023, subject to the approval of Shareholders of the Company at 43rd Annual General Meeting. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹155, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 9x in the Forestry industry in India. Total returns to shareholders of 94% over the past three years. Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: ₹14.59 (vs ₹0.81 in 3Q 2022) Third quarter 2023 results: EPS: ₹14.59 (up from ₹0.81 in 3Q 2022). Revenue: ₹2.30b (up 52% from 3Q 2022). Net income: ₹201.6m (up ₹190.5m from 3Q 2022). Profit margin: 8.8% (up from 0.7% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Duyuru • Jan 29
Shreyans Industries Limited to Report Q3, 2023 Results on Feb 09, 2023 Shreyans Industries Limited announced that they will report Q3, 2023 results on Feb 09, 2023 Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹133, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 12x in the Forestry industry in India. Total returns to shareholders of 30% over the past three years. Reported Earnings • Nov 19
Second quarter 2023 earnings released: EPS: ₹15.03 (vs ₹0.44 in 2Q 2022) Second quarter 2023 results: EPS: ₹15.03 (up from ₹0.44 in 2Q 2022). Revenue: ₹2.13b (up 78% from 2Q 2022). Net income: ₹207.8m (up ₹201.8m from 2Q 2022). Profit margin: 9.8% (up from 0.5% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Duyuru • Nov 16
Shreyans Industries Limited Announces Resignation of Ramesh Chander Juneja as Independent Director Shreyans Industries Limited announced that Mr. Ramesh Chander Juneja (DIN: 07804729l, Independent Director of the Company vide his resignation letter dated 14th November, 2022 (enclosed herewith), that he wish to resigned from the Board of the Company with immediate effect on account of his pre-occupation and health reasons, and the Board of Directors of the Company accepted resignation of him in the same meeting and relieved him from all his duties with immediate effect. Duyuru • Aug 21
Shreyans Industries Limited Approves Dividend for the Financial Year Ended March 31, 2022 Shreyans Industries Limited approved dividend of INR 2 per share for the financial year ended March 31, 2022 at its Annual General Meeting held on August 19, 2022. Upcoming Dividend • Aug 04
Upcoming dividend of ₹2.00 per share Eligible shareholders must have bought the stock before 11 August 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.9%. Within top quartile of Indian dividend payers (1.7%). Higher than average of industry peers (0.7%). Reported Earnings • Jul 30
Full year 2022 earnings released: EPS: ₹7.20 (vs ₹6.35 in FY 2021) Full year 2022 results: EPS: ₹7.20 (up from ₹6.35 in FY 2021). Revenue: ₹5.84b (up 60% from FY 2021). Net income: ₹99.6m (up 13% from FY 2021). Profit margin: 1.7% (down from 2.4% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 58% 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 • Jul 30
Shreyans Industries Limited to Report Q1, 2023 Results on Aug 09, 2022 Shreyans Industries Limited announced that they will report Q1, 2023 results on Aug 09, 2022 Duyuru • Jul 28
Shreyans Industries Limited, Annual General Meeting, Aug 19, 2022 Shreyans Industries Limited, Annual General Meeting, Aug 19, 2022, at 11:00 Indian Standard Time. Location: Village Bholapur, P.O. Sahabana, Chandigarh Road Ludhiana India Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended 31st March, 2022 and the Reports of the Board of Directors and the Auditors thereon; to declare dividend, if any, for the Financial Year 2021-22; to appoint a director in place of Mr. Rajneesh Oswal, who retires by rotation and being eligible offers himself for re-appointment; and to appoint new Statutory Auditors of the Company; and to consider other matters. Valuation Update With 7 Day Price Move • May 27
Investor sentiment deteriorated over the past week After last week's 24% share price decline to ₹96.95, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 11x in the Forestry industry in India. Total loss to shareholders of 33% over the past three years. Reported Earnings • May 26
Full year 2022 earnings released: EPS: ₹7.20 (vs ₹6.35 in FY 2021) Full year 2022 results: EPS: ₹7.20 (up from ₹6.35 in FY 2021). Revenue: ₹5.84b (up 60% from FY 2021). Net income: ₹99.6m (up 13% from FY 2021). Profit margin: 1.7% (down from 2.4% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Duyuru • May 21
Shreyans Industries Limited Recommends Dividend for the Financial Year Ended March 31, 2022 Shreyans Industries Limited, at the board meeting held on May 20, 2022 the board has recommended a Dividend of INR 2.00 per share on fully paid equity shares of the Company for the Financial year ended March 31, 2022, subject to the approval of Shareholders of the Company at Annual General Meeting. Duyuru • May 04
Shreyans Industries Limited Announces Resignation of Harbhajan Kaur Bal as Independent Director from the Board Shreyans Industries Limited announced resignation of Harbhajan Kaur Bal as Independent Director from the Board of the Company with effect from May 3, 2022 on account of her advancing age and health issues. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 16% share price gain to ₹118, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 10x in the Forestry industry in India. Total loss to shareholders of 17% 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: ₹0.81 (up from ₹3.06 loss in 3Q 2021). Revenue: ₹1.52b (up 65% from 3Q 2021). Net income: ₹11.2m (up ₹53.4m from 3Q 2021). Profit margin: 0.7% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 19% share price gain to ₹120, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 11x in the Forestry industry in India. Total loss to shareholders of 10% over the past three years. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹111, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 14x in the Forestry industry in India. Total loss to shareholders of 21% over the past three years. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment improved over the past week After last week's 16% share price gain to ₹136, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 15x in the Forestry industry in India. Total loss to shareholders of 6.2% over the past three years. Upcoming Dividend • Aug 16
Upcoming dividend of ₹3.00 per share Eligible shareholders must have bought the stock before 23 August 2021. Payment date: 30 September 2021. Trailing yield: 2.2%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.6%). Reported Earnings • Aug 09
Full year 2021 earnings released: EPS ₹6.35 (vs ₹23.12 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹3.66b (down 32% from FY 2020). Net income: ₹87.8m (down 73% from FY 2020). Profit margin: 2.4% (down from 5.9% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 29% 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. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improved over the past week After last week's 27% share price gain to ₹139, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 19x in the Forestry industry in India. Total returns to shareholders of 4.1% over the past three years. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improved over the past week After last week's 20% share price gain to ₹122, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 18x in the Forestry industry in India. Total loss to shareholders of 3.8% over the past three years. Duyuru • May 12
Shreyans Industries Limited Recommends Dividend for the Financial Year Ended March 31, 2021 Shreyans Industries Limited's board has recommended a Dividend of INR 3.00/- per share on fully paid equity shares of the company for the Financial year ended March 31, 2021, subject to the approval of shareholders of the company at annual general meeting. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 22% share price gain to ₹108, the stock trades at a trailing P/E ratio of 55.5x, up from the previous P/E ratio of 45.6x. Average P/E is 18x in the Forestry industry in India. Total return to shareholders over the past three years was a loss of 16%. Is New 90 Day High Low • Mar 16
New 90-day high: ₹108 The company is up 26% from a price of ₹86.05 on 16 December 2020. Outperformed the Indian market which is up 13% over the last 90 days. Lagged the Forestry industry, which is up 33% over the same period. Reported Earnings • Feb 12
Third quarter 2021 earnings released: ₹3.06 loss per share (vs ₹8.68 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: ₹994.7m (down 22% from 3Q 2020). Net loss: ₹42.3m (down 135% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Duyuru • Jan 16
Shreyans Industries Limited to Report Q3, 2021 Results on Feb 11, 2021 Shreyans Industries Limited announced that they will report Q3, 2021 results on Feb 11, 2021 Is New 90 Day High Low • Dec 04
New 90-day high: ₹83.05 The company is up 3.0% from its price of ₹80.55 on 04 September 2020. The Indian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 15% over the same period. Duyuru • Nov 10
Shreyans Industries Limited Announces Appointment of Ms. Harbhajan Kaur Bal as Additional Non-Executive Independent Director, Effective November 9, 2020 Shreyans Industries Limited at its board meeting held on November 9, 2020, recommended Ms. Harbhajan Kaur Bal as Additional Non-executive independent Director of the company effective November 9, 2020 up to the date of next annual general meeting of the company. Ms. Harbhajan Kaur Bal has experience of more than three decades as Academician & General Management. She is former Professor and Head Department of Business Management, punjab Agricultural University. She also worked at Institute of economic growth, New Delhi, Lady Irwin College. She also has vast teaching, research and advisory work related experience with reputed and well known educational organizations in India. Is New 90 Day High Low • Nov 01
New 90-day low: ₹72.20 The company is down 1.0% from its price of ₹73.20 on 03 August 2020. The Indian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 5.0% over the same period. Duyuru • Sep 12
Shreyans Industries Limited to Report Q1, 2021 Results on Aug 07, 2020 Shreyans Industries Limited announced that they will report Q1, 2021 results on Aug 07, 2020 
