Reported Earnings • 12h
First quarter 2027 earnings released: ₹1.05 loss per share (vs ₹1.58 loss in 1Q 2026) First quarter 2027 results: ₹1.05 loss per share (improved from ₹1.58 loss in 1Q 2026). Revenue: ₹52.1m (down 25% from 1Q 2026). Net loss: ₹4.63m (loss narrowed 34% from 1Q 2026). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Ankündigung • Aug 08
Maitri Enterprises Limited to Report Q1, 2027 Results on Aug 12, 2026 Maitri Enterprises Limited announced that they will report Q1, 2027 results on Aug 12, 2026 Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹37.01, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 20x in the Commercial Services industry in India. Total returns to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹37.20, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 21x in the Commercial Services industry in India. Total returns to shareholders of 53% over the past three years. New Risk • Jul 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 8.3% 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: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 21% per year over the past 5 years. Market cap is less than US$10m (₹182.5m market cap, or US$1.93m). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Revenue is less than US$5m (₹333m revenue, or US$3.5m). Board Change • Jun 23
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. 2 independent directors (4 non-independent directors). Non-Executive Independent Director Rakesh Lakhwani was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • May 30
Full year 2026 earnings released: EPS: ₹1.37 (vs ₹0.38 in FY 2025) Full year 2026 results: EPS: ₹1.37 (up from ₹0.38 in FY 2025). Revenue: ₹337.2m (up 18% from FY 2025). Net income: ₹6.04m (up 258% from FY 2025). Profit margin: 1.8% (up from 0.6% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • May 25
Maitri Enterprises Limited to Report Q4, 2026 Results on May 28, 2026 Maitri Enterprises Limited announced that they will report Q4, 2026 results on May 28, 2026 Buy Or Sell Opportunity • Apr 24
Now 21% undervalued Over the last 90 days, the stock has risen 23% to ₹32.90. The fair value is estimated to be ₹41.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Feb 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to ₹33.12. The fair value is estimated to be ₹41.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: ₹0.95 (vs ₹0.89 loss in 3Q 2025) Third quarter 2026 results: EPS: ₹0.95 (up from ₹0.89 loss in 3Q 2025). Revenue: ₹46.6m (down 40% from 3Q 2025). Net income: ₹4.20m (up ₹8.14m from 3Q 2025). Profit margin: 9.0% (up from net loss in 3Q 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Ankündigung • Feb 09
Maitri Enterprises Limited to Report Q3, 2026 Results on Feb 12, 2026 Maitri Enterprises Limited announced that they will report Q3, 2026 results on Feb 12, 2026 Ankündigung • Nov 05
Maitri Enterprises Limited to Report Q2, 2026 Results on Nov 14, 2025 Maitri Enterprises Limited announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Oct 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Share price has been highly volatile over the past 3 months (8.3% average weekly change). Earnings have declined by 50% per year over the past 5 years. Market cap is less than US$10m (₹163.1m market cap, or US$1.84m). Minor Risk Revenue is less than US$5m (₹279m revenue, or US$3.1m). Ankündigung • Sep 05
Maitri Enterprises Limited, Annual General Meeting, Sep 29, 2025 Maitri Enterprises Limited, Annual General Meeting, Sep 29, 2025, at 12:00 Indian Standard Time. Location: gayatri house,ashok vihar,near, maitri avenue society,opposite govt, engineering college,motera, sabarmati,ahmedabad-380005, ahmedabad India Reported Earnings • Aug 17
First quarter 2026 earnings released: ₹1.58 loss per share (vs ₹0.33 profit in 1Q 2025) First quarter 2026 results: ₹1.58 loss per share (down from ₹0.33 profit in 1Q 2025). Revenue: ₹70.4m (down 8.8% from 1Q 2025). Net loss: ₹6.97m (down ₹8.44m from profit in 1Q 2025). Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹25.08, the stock trades at a trailing P/E ratio of 65.4x. Average trailing P/E is 21x in the Commercial Services industry in India. Total loss to shareholders of 37% over the past three years. New Risk • Aug 13
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 6.9% 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 Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 41% per year over the past 5 years. Market cap is less than US$10m (₹110.4m market cap, or US$1.26m). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (₹287m revenue, or US$3.3m). Ankündigung • Aug 12
Maitri Enterprises Limited to Report Q1, 2026 Results on Aug 14, 2025 Maitri Enterprises Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹28.63, the stock trades at a trailing P/E ratio of 74.6x. Average trailing P/E is 23x in the Commercial Services industry in India. Total loss to shareholders of 17% over the past three years. Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹0.38 (vs ₹1.02 loss in FY 2024) Full year 2025 results: EPS: ₹0.38 (up from ₹1.02 loss in FY 2024). Revenue: ₹287.0m (up 51% from FY 2024). Net income: ₹1.69m (up ₹6.18m from FY 2024). Profit margin: 0.6% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Ankündigung • May 20
Maitri Enterprises Limited to Report Q4, 2025 Results on May 30, 2025 Maitri Enterprises Limited announced that they will report Q4, 2025 results on May 30, 2025 Reported Earnings • Feb 15
Third quarter 2025 earnings released: ₹0.89 loss per share (vs ₹0.20 profit in 3Q 2024) Third quarter 2025 results: ₹0.89 loss per share (down from ₹0.20 profit in 3Q 2024). Revenue: ₹77.3m (up 26% from 3Q 2024). Net loss: ₹3.94m (down ₹4.83m from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Ankündigung • Feb 10
Maitri Enterprises Limited to Report Q3, 2025 Results on Feb 14, 2025 Maitri Enterprises Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Board Change • Nov 18
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Harishkumar Motwani was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Ankündigung • Nov 08
Maitri Enterprises Limited to Report Q2, 2025 Results on Nov 14, 2024 Maitri Enterprises Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: ₹0.33 (vs ₹0.02 loss in 1Q 2024) First quarter 2025 results: EPS: ₹0.33 (up from ₹0.02 loss in 1Q 2024). Revenue: ₹77.2m (up 121% from 1Q 2024). Net income: ₹1.47m (up ₹1.56m from 1Q 2024). Profit margin: 1.9% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 159 percentage points per year, which is a significant difference in performance. Ankündigung • Aug 14
Maitri Enterprises Limited, Annual General Meeting, Sep 28, 2024 Maitri Enterprises Limited, Annual General Meeting, Sep 28, 2024, at 12:30 Indian Standard Time. Location: gayatri house,ashok vihar,near, maitri avenue society,opposite govt, engineering college,motera, sabarmati,ahmedabad-380005, ahmedabad India Ankündigung • Aug 07
Maitri Enterprises Limited to Report Q1, 2025 Results on Aug 14, 2024 Maitri Enterprises Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • Jun 04
Full year 2024 earnings released: ₹1.02 loss per share (vs ₹0.002 loss in FY 2023) Full year 2024 results: ₹1.02 loss per share (further deteriorated from ₹0.002 loss in FY 2023). Revenue: ₹191.4m (up 44% from FY 2023). Net loss: ₹4.50m (loss widened ₹4.48m from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 134 percentage points per year, which is a significant difference in performance. Ankündigung • May 19
Maitri Enterprises Limited to Report Q4, 2024 Results on May 28, 2024 Maitri Enterprises Limited announced that they will report Q4, 2024 results on May 28, 2024 New Risk • Mar 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Shares are highly illiquid. Earnings have declined by 7.2% per year over the past 5 years. Market cap is less than US$10m (₹127.6m market cap, or US$1.53m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Revenue is less than US$5m (₹139m revenue, or US$1.7m). Board Change • Mar 04
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. 4 non-independent directors. Additional Independent Director Harishkumar Motwani was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Feb 08
Maitri Enterprises Limited to Report Q3, 2024 Results on Feb 14, 2024 Maitri Enterprises Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Ankündigung • Nov 04
Maitri Enterprises Limited to Report Q2, 2024 Results on Nov 10, 2023 Maitri Enterprises Limited announced that they will report Q2, 2024 results on Nov 10, 2023 New Risk • Oct 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings have declined by 7.2% per year over the past 5 years. Market cap is less than US$10m (₹114.4m market cap, or US$1.37m). Minor Risk Revenue is less than US$5m (₹139m revenue, or US$1.7m). New Risk • Aug 14
New major risk - Revenue and earnings growth Earnings have declined by 7.2% 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 Risks Earnings have declined by 7.2% per year over the past 5 years. Market cap is less than US$10m (₹94.6m market cap, or US$1.14m). Minor Risk Revenue is less than US$5m (₹139m revenue, or US$1.7m). Reported Earnings • Aug 13
First quarter 2024 earnings released First quarter 2024 results: ₹0.02 loss per share. Revenue: ₹34.9m (up 18% from 1Q 2023). Net loss: ₹84.0k (down 114% from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Ankündigung • Aug 13
Maitri Enterprises Limited, Annual General Meeting, Sep 28, 2023 Maitri Enterprises Limited, Annual General Meeting, Sep 28, 2023, at 16:00 Indian Standard Time. Ankündigung • Aug 05
Maitri Enterprises Limited to Report Q1, 2024 Results on Aug 12, 2023 Maitri Enterprises Limited announced that they will report Q1, 2024 results on Aug 12, 2023 Reported Earnings • Jun 03
Full year 2023 earnings released: ₹0.01 loss per share (vs ₹0.84 profit in FY 2022) Full year 2023 results: ₹0.01 loss per share (down from ₹0.84 profit in FY 2022). Revenue: ₹134.4m (down 33% from FY 2022). Net loss: ₹11.0k (down 100% from profit in FY 2022). Profit margin: 0% (down from 1.1% in FY 2022). The decrease in margin was driven by lower revenue. Ankündigung • May 23
Maitri Enterprises Limited Announces Resignation of Seema Rajubhai Kalwani from the Post of Company Secretary Maitri Enterprises Limited announced resignation of Ms. Seema Rajubhai Kalwani from the Post of Company Secretary of the Company. Reported Earnings • Feb 10
Third quarter 2023 earnings released: ₹0.25 loss per share (vs ₹0.72 profit in 3Q 2022) Third quarter 2023 results: ₹0.25 loss per share (down from ₹0.72 profit in 3Q 2022). Revenue: ₹31.4m (up 1.1% from 3Q 2022). Net loss: ₹1.18m (down 158% from profit in 3Q 2022). Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₹30.00, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 25x in the Commercial Services industry in India. Total loss to shareholders of 52% over the past year. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₹30.00, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 25x in the Commercial Services industry in India. Total loss to shareholders of 52% over the past year. Ankündigung • Feb 02
Maitri Enterprises Limited to Report Q3, 2023 Results on Feb 09, 2023 Maitri Enterprises Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Feb 09, 2023 Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 18% share price gain to ₹33.05, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 25x in the Commercial Services industry in India. Total loss to shareholders of 14% over the past year. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹25.30, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 23x in the Commercial Services industry in India. Total returns to shareholders of 72% over the past year. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improved over the past week After last week's 23% share price gain to ₹30.85, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 25x in the Commercial Services industry in India. Total returns to shareholders of 298% over the past three years. Reported Earnings • Nov 17
Second quarter 2023 earnings released: ₹0.003 loss per share (vs ₹0.60 profit in 2Q 2022) Second quarter 2023 results: ₹0.003 loss per share (down from ₹0.60 profit in 2Q 2022). Revenue: ₹32.7m (up 15% from 2Q 2022). Net loss: ₹14.0k (down 101% from profit in 2Q 2022). Profit margin: 0% (down from 4.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
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. Additional Independent Director Harishkumar Motwani was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: ₹0.01 (vs ₹0.15 in 1Q 2022) First quarter 2023 results: EPS: ₹0.01. Revenue: ₹29.5m (down 11% from 1Q 2022). Net income: ₹621.0k (up 124% from 1Q 2022). Profit margin: 2.1% (up from 0.8% in 1Q 2022). The increase in margin was driven by lower expenses. Ankündigung • Aug 13
Maitri Enterprises Limited, Annual General Meeting, Sep 21, 2022 Maitri Enterprises Limited, Annual General Meeting, Sep 21, 2022, at 16:00 Indian Standard Time. Ankündigung • Aug 06
Maitri Enterprises Limited to Report Q1, 2023 Results on Aug 12, 2022 Maitri Enterprises Limited announced that they will report Q1, 2023 results on Aug 12, 2022 Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improved over the past week After last week's 21% share price gain to ₹36.20, the stock trades at a trailing P/E ratio of 70.6x. Average trailing P/E is 19x in the Commercial Services industry in India. Total returns to shareholders of 250% over the past year. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹34.20, the stock trades at a trailing P/E ratio of 66.7x. Average trailing P/E is 19x in the Commercial Services industry in India. Total returns to shareholders of 216% over the past year. Board Change • Apr 27
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. 4 non-independent directors. Additional Independent Director Rakesh Lakhwani was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 26
Maitri Enterprises Limited Appoints Seema Kalwani as Company Secretary and Compliance Officer Maitri Enterprises Limited announced that the meeting of the board of directors of the company was held on April 25, 2022 wherein the board of directors has appointed Ms. Seema Kalwani, Associate Member of Institute of Company Secretaries of India (ICSI) as the company secretary and compliance officer of the company. Date of appointment is April 25, 2022. Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.72 (up from ₹0.16 in 3Q 2021). Revenue: ₹31.8m (up 160% from 3Q 2021). Net income: ₹2.04m (up ₹1.74m from 3Q 2021). Profit margin: 6.4% (up from 2.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 119% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Feb 03
Maitri Enterprises Limited to Report Q3, 2022 Results on Feb 14, 2022 Maitri Enterprises Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improved over the past week After last week's 16% share price gain to ₹11.58, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 20x in the Commercial Services industry in India. Total returns to shareholders of 30% over the past three years. Ankündigung • Dec 10
Maitri Enterprises Limited (BSE:513430) acquired BSA Marketing Private Limited for INR 33.7 million. Maitri Enterprises Limited (BSE:513430) acquired BSA Marketing Private Limited for INR 33.7 million on December 9, 2021. The consideration will be paid in cash for 15,31,500 equity shares at INR 22 per share. For the year ending March 31, 2021, BSA Marketing Private Limited reported revenues of INR 55.35 million.
Maitri Enterprises Limited (BSE:513430) completed the acquisition of BSA Marketing Private Limited on December 9, 2021. Reported Earnings • Nov 01
Second quarter 2022 earnings released: EPS ₹0.60 (vs ₹0.08 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹29.0m (up 171% from 2Q 2021). Net income: ₹1.15m (up ₹988.0k from 2Q 2021). Profit margin: 4.0% (up from 1.5% in 2Q 2021). The increase in margin was driven by higher revenue. Executive Departure • Jul 02
Additional Independent Director Vijaykumar Kishnani has left the company On the 28th of June, Vijaykumar Kishnani's tenure as Additional Independent Director ended after 1.9 years in the role. We don't have any record of a personal shareholding under Vijaykumar's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.92 years. Reported Earnings • Jul 02
Full year 2021 earnings released: EPS ₹0.56 (vs ₹0.86 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹46.4m (down 32% from FY 2020). Net income: ₹720.0k (down 56% from FY 2020). Profit margin: 1.6% (down from 2.4% in FY 2020). The decrease in margin was driven by lower revenue. Executive Departure • Jul 01
Independent Director Dilip Shah has left the company On the 28th of June, Dilip Shah's tenure as Independent Director ended after 4.9 years in the role. We don't have any record of a personal shareholding under Dilip's name. Dilip is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.83 years. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 18% share price gain to ₹9.15, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 17x in the Commercial Services industry in India. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improved over the past week After last week's 16% share price gain to ₹7.43, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 15x in the Commercial Services industry in India. Is New 90 Day High Low • Mar 02
New 90-day low: ₹5.83 The company is down 19% from its price of ₹7.20 on 02 December 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 31% over the same period. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS ₹0.16 (vs ₹0.31 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹12.2m (down 25% from 3Q 2020). Net income: ₹305.0k (down 47% from 3Q 2020). Profit margin: 2.5% (down from 3.5% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 09
New 90-day low: ₹6.25 The company is down 13% from its price of ₹7.20 on 11 November 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 19% over the same period. Is New 90 Day High Low • Jan 04
New 90-day low: ₹6.85 The company is down 5.0% from its price of ₹7.20 on 06 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 17
New 90-day low: ₹6.90 The company is down 4.0% from its price of ₹7.20 on 17 September 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 09
New 90-day low: ₹7.00 The company is down 8.0% from its price of ₹7.60 on 01 September 2020. The Indian market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 22% over the same period. Reported Earnings • Nov 16
Second quarter 2021 earnings released: EPS ₹0.08 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹10.7m (down 51% from 2Q 2020). Net income: ₹158.0k (down 69% from 2Q 2020). Profit margin: 1.5% (down from 2.3% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. 
