Kaperspolis raises product prices 15%, disclosure upgraded to Tier A; Rasad has a buy call targeting 9,520 rials (Tuesday, September 29, 2026)

Yazd Persepolis Tile and Stone Company, trading as "Kaperspolis" on Iran Fara Bourse, disclosed on Tuesday, September 29, 2026 that it had raised its average product prices 15% effective October 23, 2026. Less than four hours later, the company upgraded its own disclosure from the lower Tier B to the material Tier A, because the cumulative effect of the price rise on this fiscal year's domestic sales revenue will exceed 10% of last year's total domestic sales revenue. The same day, Sahmino's Rasad desk, running its own quantitative models, issued a buy call on the stock targeting 9,520 rials with an invalidation at 8,320 rials over a 15-session horizon.

Background

The symbol "Kaperspolis" should not be confused with the Persepolis football club, which trades under a separate symbol ("Persepolis"). This company sits in the tile and ceramics sector and trades on Fara Bourse's second market. The shares began trading in early May 2026 near 5,783 rials and closed Tuesday, September 29 at 8,990 rials, up 55.4% over six months and 46.2% over three months, per Sahmino's own price data as of September 29, 2026.

Under the exchange's disclosure rules, a Tier A filing is information an issuer must put before the public before trading resumes, because it is likely to materially affect investor decisions; Tier B carries no such immediate obligation. Kaperspolis reclassifying its own disclosure from B to A the same day means the company itself judged the price rise's effect large enough to clear the Tier A threshold.

The numbers

From the interim financial statements for the period ended June 21, 2026 (filed on Codal July 22, 2026) and Sahmino's trailing-twelve-month calculations:

• Trailing-twelve-month revenue of 33,013 billion rials, up 114.2% year on year.
• Trailing-twelve-month net profit of 6,474 billion rials, up 168.7%.
• Net margin of 19.6% and return on equity (ROE) of 40.4%.
• Exchange-listed P/E of 9.31x versus the tile and ceramics sector average of 9.64x (Sahmino profile data, as of September 30, 2026).
• Current ratio of 0.99x and debt-to-equity of 0.34x, with 5,432 billion rials of interest-bearing debt (same statements).

Catalysts

On Tuesday the stock opened 2.98% above the prior close and closed there too, ending the session with a buy queue of 16,548,072 shares at 8,990 rials (Sahmino board snapshot, 13:25 Tehran time). Because the price-rise disclosure was published at 12:55, after the 12:45 closing auction had already ended, that day's gap up cannot be attributed directly to the filing. Sahmino's own flow data shows individual investors net bought 5,603,265 shares that session while institutions net sold the same amount (an approximate transaction value of 50 billion rials, estimated from volume times closing price). Separately from the disclosure, Rasad's buy call was issued on price behaviour in a "rising, low-volatility" regime, and states that this signal family has reached its target 200 times out of 281 comparable cases (71%). Sahmino's own scorecard of this signal family has recorded a similar hit rate before.

Outlook

The main worry is that part of the rally has already happened: the stock is up 46.2% over three months and 55.4% over six, and its current ratio sits just under 1, meaning current liabilities are slightly larger than current assets. The counterpoint is that the new pricing has not taken effect yet: it starts October 23, 2026, about three weeks after this report, and its full impact has not shown up in any quarterly statement yet. In other words, the 114% revenue growth already on the books predates this price rise; the new increase is simply the next layer still to be reported. It is exactly that timing gap that put Rasad's buy call about 6% above Tuesday's close.

Bottom line

With triple-digit annual growth in revenue and profit, a valuation close to its sector average, and a fresh price increase not yet reflected in its statements, Kaperspolis is one of the names Sahmino's Rasad desk flagged on September 29, 2026. Rasad's reading is that the price reaches 9,520 rials within the next 15 trading sessions, unless the stock closes below 8,320 rials, which would invalidate the call. This is Rasad's own reading of the data on hand, not investment advice, and like any call it will be judged against the real price in the sessions ahead.

What to watch

• The new prices take effect October 23, 2026; the next quarterly filing will be the first to show part of their impact.
• The stock's price against the call's 9,520 rial target and 8,320 rial stop, tracked live on Kaperspolis's price page on Sahmino.
• Whether individual buying continues in coming sessions or institutions keep net selling.

For more of this kind of fundamentals-based screening, see Sahmino's cheap-and-profitable stock screen; the full disclosure is covered in Sahmino's dedicated news item.