Declared Dividend • Jul 16
Dividend reduced to ₹1.50 Dividend of ₹1.50 is 57% lower than last year. Ex-date: 20th August 2026 Payment date: 26th September 2026 Dividend yield will be 0.5%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Duyuru • Jul 15
Dai-ichi Karkaria Limited, Annual General Meeting, Aug 27, 2026 Dai-ichi Karkaria Limited, Annual General Meeting, Aug 27, 2026. Reported Earnings • May 11
Full year 2026 earnings released: ₹0.99 loss per share (vs ₹12.11 profit in FY 2025) Full year 2026 results: ₹0.99 loss per share (down from ₹12.11 profit in FY 2025). Revenue: ₹1.66b (down 9.2% from FY 2025). Net loss: ₹7.40m (down 108% from profit in FY 2025). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. New Risk • May 11
New major risk - Revenue and earnings growth Earnings have declined by 40% 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 Risk Earnings have declined by 40% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₹1.93b market cap, or US$20.3m). Duyuru • May 02
Dai-ichi Karkaria Limited to Report Q4, 2026 Results on May 08, 2026 Dai-ichi Karkaria Limited announced that they will report Q4, 2026 results on May 08, 2026 Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹260, the stock trades at a trailing P/E ratio of 36.1x. Average trailing P/E is 23x in the Chemicals industry in India. Total loss to shareholders of 33% over the past three years. Reported Earnings • Feb 07
Third quarter 2026 earnings released: ₹1.15 loss per share (vs ₹3.52 profit in 3Q 2025) Third quarter 2026 results: ₹1.15 loss per share (down from ₹3.52 profit in 3Q 2025). Revenue: ₹388.4m (down 4.6% from 3Q 2025). Net loss: ₹8.60m (down 133% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Duyuru • Jan 30
Dai-ichi Karkaria Limited to Report Q3, 2026 Results on Feb 06, 2026 Dai-ichi Karkaria Limited announced that they will report Q3, 2026 results on Feb 06, 2026 Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹334, the stock trades at a trailing P/E ratio of 28.1x. Average trailing P/E is 23x in the Chemicals industry in India. Total loss to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹287, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 23x in the Chemicals industry in India. Total loss to shareholders of 20% over the past three years. Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹0.01 (vs ₹0.30 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹0.01 (up from ₹0.30 loss in 2Q 2025). Revenue: ₹444.3m (up 21% from 2Q 2025). Net income: ₹100.0k (up ₹2.40m from 2Q 2025). Profit margin: 0% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Duyuru • Nov 04
Dai-ichi Karkaria Limited to Report Q2, 2026 Results on Nov 14, 2025 Dai-ichi Karkaria Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Duyuru • Aug 20
Dai-ichi Karkaria Limited Approves Final Dividend for the Financial Year Ended March 31, 2025 Dai-ichi Karkaria Limited, at its 65th Annual General Meeting held on August 20, 2025, approved to declare a dividend of INR 3.50 (35%) per equity share of face value of INR 10/- each for the Financial Year ended March 31, 2025. Upcoming Dividend • Aug 06
Upcoming dividend of ₹3.50 per share Eligible shareholders must have bought the stock before 13 August 2025. Payment date: 19 September 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (0.7%). Duyuru • Jul 29
Dai-ichi Karkaria Limited to Report Q1, 2026 Results on Aug 07, 2025 Dai-ichi Karkaria Limited announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • Jul 29
Full year 2025 earnings released: EPS: ₹12.11 (vs ₹18.66 in FY 2024) Full year 2025 results: EPS: ₹12.11 (down from ₹18.66 in FY 2024). Revenue: ₹1.83b (up 38% from FY 2024). Net income: ₹90.2m (down 35% from FY 2024). Profit margin: 4.9% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 08
Dai-ichi Karkaria Limited, Annual General Meeting, Aug 20, 2025 Dai-ichi Karkaria Limited, Annual General Meeting, Aug 20, 2025. Reported Earnings • May 17
Full year 2025 earnings released: EPS: ₹12.11 (vs ₹18.66 in FY 2024) Full year 2025 results: EPS: ₹12.11 (down from ₹18.66 in FY 2024). Revenue: ₹1.86b (up 40% from FY 2024). Net income: ₹90.2m (down 35% from FY 2024). Profit margin: 4.9% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹356, the stock trades at a trailing P/E ratio of 67.8x. Average trailing P/E is 25x in the Chemicals industry in India. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹302, the stock trades at a trailing P/E ratio of 57.5x. Average trailing P/E is 25x in the Chemicals industry in India. Total loss to shareholders of 19% over the past three years. New Risk • Apr 01
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 9.3% 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 (9.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (₹2.13b market cap, or US$24.9m). Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹266, the stock trades at a trailing P/E ratio of 50.7x. Average trailing P/E is 24x in the Chemicals industry in India. Total loss to shareholders of 28% over the past three years. Reported Earnings • Jan 25
Third quarter 2025 earnings released: EPS: ₹3.52 (vs ₹1.47 in 3Q 2024) Third quarter 2025 results: EPS: ₹3.52 (up from ₹1.47 in 3Q 2024). Revenue: ₹419.8m (up 19% from 3Q 2024). Net income: ₹26.2m (up 136% from 3Q 2024). Profit margin: 6.2% (up from 3.1% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Board Change • Jan 24
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 Non-Executive Director Behram Sorabji was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Jan 23
Dai-Ichi Karkaria Limited Announces Resignation of Cyrus Bagwadia as Independent Director, Member of Audit, Nomination, Remuneration and Corporate Social Responsibility Committees Dai-ichi Karkaria Limited at its board meeting held on January 23, 2025, noted the cessation of Mr. Cyrus Bagwadia, who has tendered his resignation as Independent Director of the Company, with effect from close of business hours of January 23, 2025 along with his membership in various committees. He is stepping down as the member of Audit Committee, Nomination and Remuneration Committee and Corporate Social Responsibility (CSR) Committee. He resigned due to pre-occupation and personal commitments. Duyuru • Jan 15
Dai-ichi Karkaria Limited to Report Q3, 2025 Results on Jan 23, 2025 Dai-ichi Karkaria Limited announced that they will report Q3, 2025 results on Jan 23, 2025 Recent Insider Transactions • Nov 29
Chairperson recently bought ₹1.2m worth of stock On the 25th of November, Shernaz Vakil bought around 3k shares on-market at roughly ₹397 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Shernaz's only on-market trade for the last 12 months. Reported Earnings • Oct 24
Second quarter 2025 earnings released: ₹0.30 loss per share (vs ₹19.61 profit in 2Q 2024) Second quarter 2025 results: ₹0.30 loss per share (down from ₹19.61 profit in 2Q 2024). Revenue: ₹378.7m (up 8.0% from 2Q 2024). Net loss: ₹2.30m (down 102% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Duyuru • Oct 15
Dai-ichi Karkaria Limited to Report Q2, 2025 Results on Oct 23, 2024 Dai-ichi Karkaria Limited announced that they will report Q2, 2025 results at 3:30 PM, Indian Standard Time on Oct 23, 2024 Duyuru • Sep 06
Dai-Ichi Karkaria Limited Approves Dividend for the Financial Year Ended March 31, 2024 Dai-ichi Karkaria Limited announced that at the AGM held on September 6, 2024 approved dividend of INR 2 (20%) per equity share of face value of INR 10 each of the Company for the Financial Year ended March 31, 2024. Upcoming Dividend • Aug 23
Upcoming dividend of ₹2.00 per share Eligible shareholders must have bought the stock before 30 August 2024. Payment date: 06 October 2024. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (0.6%). Reported Earnings • Aug 10
First quarter 2025 earnings released: EPS: ₹0.57 (vs ₹3.89 loss in 1Q 2024) First quarter 2025 results: EPS: ₹0.57 (up from ₹3.89 loss in 1Q 2024). Revenue: ₹345.2m (up 24% from 1Q 2024). Net income: ₹4.30m (up ₹33.3m from 1Q 2024). Profit margin: 1.2% (up from net loss in 1Q 2024). 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 19% per year, which means it is well ahead of earnings. Duyuru • Aug 05
Dai-ichi Karkaria Limited, Annual General Meeting, Sep 06, 2024 Dai-ichi Karkaria Limited, Annual General Meeting, Sep 06, 2024, at 11:30 Indian Standard Time. Duyuru • Jul 30
Dai-ichi Karkaria Limited to Report Q1, 2025 Results on Aug 09, 2024 Dai-ichi Karkaria Limited announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 28
Full year 2024 earnings released: EPS: ₹18.65 (vs ₹26.94 in FY 2023) Full year 2024 results: EPS: ₹18.65 (down from ₹26.94 in FY 2023). Revenue: ₹1.35b (down 27% from FY 2023). Net income: ₹139.0m (down 31% from FY 2023). Profit margin: 10% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Duyuru • May 19
Dai-ichi Karkaria Limited to Report Q4, 2024 Results on May 27, 2024 Dai-ichi Karkaria Limited announced that they will report Q4, 2024 results at 3:30 PM, Indian Standard Time on May 27, 2024 New Risk • Apr 09
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 8.6% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹4.49b market cap, or US$53.9m). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹634, the stock trades at a trailing P/E ratio of 35.3x. Average trailing P/E is 30x in the Chemicals industry in India. Total returns to shareholders of 94% over the past three years. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹506, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 30x in the Chemicals industry in India. Total returns to shareholders of 103% over the past three years. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: ₹1.47 (vs ₹12.32 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.47 (down from ₹12.32 in 3Q 2023). Revenue: ₹359.3m (down 27% from 3Q 2023). Net income: ₹11.1m (down 88% from 3Q 2023). Profit margin: 3.1% (down from 19% in 3Q 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹470, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 30x in the Chemicals industry in India. Total returns to shareholders of 77% over the past three years. Duyuru • Jan 25
Dai-ichi Karkaria Limited to Report Nine Months, 2024 Results on Feb 06, 2024 Dai-ichi Karkaria Limited announced that they will report nine months, 2024 results on Feb 06, 2024 Reported Earnings • Oct 28
Second quarter 2024 earnings released: EPS: ₹19.61 (vs ₹16.48 in 2Q 2023) Second quarter 2024 results: EPS: ₹19.61 (up from ₹16.48 in 2Q 2023). Revenue: ₹359.4m (down 34% from 2Q 2023). Net income: ₹146.0m (up 19% from 2Q 2023). Profit margin: 41% (up from 23% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year. Duyuru • Oct 17
Dai-ichi Karkaria Limited to Report Q2, 2024 Results on Oct 26, 2023 Dai-ichi Karkaria Limited announced that they will report Q2, 2024 results on Oct 26, 2023 Upcoming Dividend • Sep 08
Upcoming dividend of ₹4.00 per share at 0.9% yield Eligible shareholders must have bought the stock before 15 September 2023. Payment date: 22 October 2023. Trailing yield: 0.9%. Lower than top quartile of Indian dividend payers (1.3%). In line with average of industry peers (0.8%). Duyuru • Aug 29
Dai-ichi Karkaria Limited, Annual General Meeting, Sep 22, 2023 Dai-ichi Karkaria Limited, Annual General Meeting, Sep 22, 2023, at 11:30 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2023 and the Reports of Board of Directors and Auditors thereon; to receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2023 and the Report of the Auditors thereon; to declare a dividend on equity shares for the financial year ended March 31, 2023; to appoint a Director in place of Mrs. Shernaz Vakil, who retires by rotation and, being eligible, offers herself for re-appointment; to ratify remuneration payable to M/s. Diwanji & Associates, Cost Accountants appointed as Cost Auditor of the Company for the financial year ending March 31, 2024; and to consider other matters. Reported Earnings • Aug 12
First quarter 2024 earnings released: ₹3.89 loss per share (vs ₹2.59 loss in 1Q 2023) First quarter 2024 results: ₹3.89 loss per share (further deteriorated from ₹2.59 loss in 1Q 2023). Revenue: ₹288.4m (down 25% from 1Q 2023). Net loss: ₹29.0m (loss widened 50% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 03
Dai-ichi Karkaria Limited to Report Q1, 2024 Results on Aug 11, 2023 Dai-ichi Karkaria Limited announced that they will report Q1, 2024 results on Aug 11, 2023 New Risk • Jun 11
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.0% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (₹2.98b market cap, or US$36.1m). Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: ₹26.94 (vs ₹24.20 loss in FY 2022) Full year 2023 results: EPS: ₹26.94 (up from ₹24.20 loss in FY 2022). Revenue: ₹1.90b (up 55% from FY 2022). Net income: ₹200.7m (up ₹381.0m from FY 2022). Profit margin: 11% (up from net loss in FY 2022). 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 18% per year, which means it is significantly lagging earnings growth. Duyuru • May 31
Dai-Ichi Karkaria Limited Recommends Dividend for the Financial Year Ended March 31, 2023 The board of directors of Dai-ichi Karkaria Limited at its meeting held on May 30, 2023, has recommended dividend of 40% i.e. INR 4 per equity share (previous year nil per share) for the financial year ended March 31, 2023 which shall be paid within 30 days from the date of declaration of dividend in the upcoming 63rd annual general meeting (AGM), subject to approval of shareholders. Duyuru • May 20
Dai-ichi Karkaria Limited to Report Q4, 2023 Results on May 30, 2023 Dai-ichi Karkaria Limited announced that they will report Q4, 2023 results on May 30, 2023 Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹12.32 (vs ₹6.61 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹12.32 (up from ₹6.61 loss in 3Q 2022). Revenue: ₹488.8m (up 62% from 3Q 2022). Net income: ₹91.8m (up ₹141.0m from 3Q 2022). Profit margin: 19% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹433, the stock trades at a trailing P/E ratio of 79.7x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 55% over the past three years. Duyuru • Jan 31
Dai-ichi Karkaria Limited to Report Q3, 2023 Results on Feb 10, 2023 Dai-ichi Karkaria Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improved over the past week After last week's 32% share price gain to ₹404, the stock trades at a trailing P/E ratio of 74.4x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 30% over the past three years. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: ₹16.48 (vs ₹8.73 loss in 2Q 2022) Second quarter 2023 results: EPS: ₹16.48 (up from ₹8.73 loss in 2Q 2022). Revenue: ₹561.8m (up 118% from 2Q 2022). Net income: ₹122.8m (up ₹187.9m from 2Q 2022). Profit margin: 22% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Duyuru • Oct 22
Dai-ichi Karkaria Limited to Report First Half, 2023 Results on Nov 01, 2022 Dai-ichi Karkaria Limited announced that they will report first half, 2023 results on Nov 01, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: ₹2.59 loss per share (vs ₹7.00 loss in 1Q 2022) First quarter 2023 results: ₹2.59 loss per share (up from ₹7.00 loss in 1Q 2022). Revenue: ₹395.5m (up 14% from 1Q 2022). Net loss: ₹19.3m (loss narrowed 63% from 1Q 2022). 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 10% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 26
Dai-ichi Karkaria Limited to Report Q1, 2023 Results on Aug 05, 2022 Dai-ichi Karkaria Limited announced that they will report Q1, 2023 results on Aug 05, 2022 Duyuru • Jun 01
Dai-ichi Karkaria Limited, Annual General Meeting, Jun 29, 2022 Dai-ichi Karkaria Limited, Annual General Meeting, Jun 29, 2022, at 11:30 Indian Standard Time. Reported Earnings • May 12
Full year 2022 earnings released: ₹24.20 loss per share (vs ₹68.02 profit in FY 2021) Full year 2022 results: ₹24.20 loss per share (down from ₹68.02 profit in FY 2021). Revenue: ₹1.26b (up 28% from FY 2021). Net loss: ₹180.3m (down 136% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 14
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹6.61 loss per share (up from ₹74.93 loss in 3Q 2021). Revenue: ₹315.3m (up 36% from 3Q 2021). Net loss: ₹49.2m (loss narrowed 91% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹382, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 111% over the past three years. Duyuru • Feb 03
Dai-ichi Karkaria Limited to Report Q3, 2022 Results on Feb 11, 2022 Dai-ichi Karkaria Limited announced that they will report Q3, 2022 results on Feb 11, 2022 Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improved over the past week After last week's 23% share price gain to ₹482, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 21x in the Chemicals industry in India. Total returns to shareholders of 149% over the past three years. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improved over the past week After last week's 15% share price gain to ₹402, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 85% over the past three years. Reported Earnings • Nov 01
Second quarter 2022 earnings released: ₹8.73 loss per share (vs ₹5.31 loss in 2Q 2021) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2022 results: Revenue: ₹268.9m (up 10% from 2Q 2021). Net loss: ₹65.1m (loss widened 64% from 2Q 2021). Upcoming Dividend • Aug 10
Upcoming dividend of ₹3.00 per share Eligible shareholders must have bought the stock before 17 August 2021. Payment date: 25 September 2021. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.4%). In line with average of industry peers (0.7%). Reported Earnings • Aug 04
Full year 2021 earnings released: EPS ₹68.02 (vs ₹30.76 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: ₹987.3m (down 8.9% from FY 2020). Net income: ₹506.8m (up ₹736.0m from FY 2020). Profit margin: 51% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Duyuru • May 11
Dai-Ichi Karkaria Limited Recommends Dividend for the Year Ended March 31, 2021 Dai-ichi Karkaria Limited Recommended dividend of 30% i.e. INR 3 per equity share of INR 10/each for the year ended March 31, 2021, which shall be paid within 30 days from the date of declaration of dividend in the upcoming Annual General Meeting (AGM), subject to approval of members. The date of AGM will be intimated in due course of time. Executive Departure • Mar 11
Compliance Officer & Company Secretary has left the company On the 10th of March, Kavita Thadeshwar's tenure in the role of Compliance Officer & Company Secretary ended. As of December 2020, Kavita personally held only 1.00 share (₹287 worth at the time). A total of 3 executives have left over the last 12 months. Is New 90 Day High Low • Feb 15
New 90-day low: ₹249 The company is down 6.0% from its price of ₹265 on 17 November 2020. The Indian market is up 21% 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 • Feb 14
Dai-ichi Karkaria Limited Announces Executive Changes Dai-ichi Karkaria Limited announced that the Board of Directors in its meeting held on February 13, 2021, considered and approved the acceptance of resignation of Mrs. Kavita Thadeshwar as Company Secretary & Compliance Officer of the Company, effective closing of business hours of March 10, 2021. Appointment of Mr. Ankit Shah as Company Secretary & Compliance Officer of the Company, effective March 11, 2021. Mr. Ankit Shah has an indepth knowledge of SEBI regulations & Companies Act, 2013 and has a rich experience of around 7 years working in Secretarial areas of Daiichi Karkaria Limited. Reported Earnings • Feb 14
Third quarter 2021 earnings released: ₹74.93 loss per share (vs ₹5.10 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ₹239.6m (down 21% from 3Q 2020). Net loss: ₹558.2m (loss widened ₹520.2m from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 87% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Duyuru • Jan 19
Dai-ichi Karkaria Limited to Report Q3, 2021 Results on Feb 13, 2021 Dai-ichi Karkaria Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Is New 90 Day High Low • Dec 04
New 90-day low: ₹250 The company is down 11% from its price of ₹281 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 Chemicals industry, which is up 15% over the same period. Reported Earnings • Nov 11
Second quarter 2021 earnings released: ₹5.31 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: ₹263.1m (down 3.3% from 2Q 2020). Net loss: ₹39.6m (loss narrowed 50% from 2Q 2020). Is New 90 Day High Low • Nov 10
New 90-day low: ₹257 The company is down 4.0% from its price of ₹269 on 12 August 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 12% over the same period. Duyuru • Aug 24
Dai-ichi Karkaria Limited to Report Q1, 2021 Results on Sep 09, 2020 Dai-ichi Karkaria Limited announced that they will report Q1, 2021 results on Sep 09, 2020