Reported Earnings • May 28
Full year 2026 earnings released: EPS: ₹0.15 (vs ₹0.12 in FY 2025) Full year 2026 results: EPS: ₹0.15 (up from ₹0.12 in FY 2025). Revenue: ₹9.14m (up 74% from FY 2025). Net income: ₹3.94m (up 26% from FY 2025). Profit margin: 43% (down from 60% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% 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 • May 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹5.57, the stock trades at a trailing P/E ratio of 44.8x. Average trailing P/E is 24x in the Consumer Services industry in India. Total returns to shareholders of 53% over the past three years. Ankündigung • May 22
Usha Martin Education & Solutions Limited to Report Fiscal Year 2026 Results on May 27, 2026 Usha Martin Education & Solutions Limited announced that they will report fiscal year 2026 results on May 27, 2026 Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹4.94, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 21x in the Consumer Services industry in India. Total returns to shareholders of 37% over the past three years. New Risk • Mar 11
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 5.8% 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: Major Risks Revenue is less than US$1m (₹6.7m revenue, or US$73k). Market cap is less than US$10m (₹109.9m market cap, or US$1.20m). Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹4.99, the stock trades at a trailing P/E ratio of 40.1x. Average trailing P/E is 21x in the Consumer Services industry in India. Total returns to shareholders of 25% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.03 (vs ₹0.06 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.03 (down from ₹0.06 in 3Q 2025). Revenue: ₹2.03m (up 75% from 3Q 2025). Net income: ₹833.0k (down 45% from 3Q 2025). Profit margin: 41% (down from 131% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Ankündigung • Feb 06
Usha Martin Education & Solutions Limited to Report Q3, 2026 Results on Feb 12, 2026 Usha Martin Education & Solutions Limited announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: ₹0.03 (vs ₹0.01 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.03 (up from ₹0.01 in 2Q 2025). Revenue: ₹2.23m (up 20% from 2Q 2025). Net income: ₹911.0k (up 466% from 2Q 2025). Profit margin: 41% (up from 8.7% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Ankündigung • Nov 04
Usha Martin Education & Solutions Limited to Report First Half, 2026 Results on Nov 11, 2025 Usha Martin Education & Solutions Limited announced that they will report first half, 2026 results on Nov 11, 2025 Ankündigung • Aug 28
Usha Martin Education & Solutions Limited, Annual General Meeting, Sep 19, 2025 Usha Martin Education & Solutions Limited, Annual General Meeting, Sep 19, 2025, at 13:00 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹0.01 (vs ₹0.01 in 1Q 2025) First quarter 2026 results: EPS: ₹0.01 (in line with 1Q 2025). Revenue: ₹1.54m (up 44% from 1Q 2025). Net income: ₹244.0k (up 58% from 1Q 2025). Profit margin: 16% (up from 14% in 1Q 2025). The increase in margin was driven by higher revenue. 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 7% per year, which means it is significantly lagging earnings growth. Ankündigung • Aug 06
Usha Martin Education & Solutions Limited to Report Q1, 2026 Results on Aug 12, 2025 Usha Martin Education & Solutions Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹6.67, the stock trades at a trailing P/E ratio of 56.2x. Average trailing P/E is 39x in the Consumer Services industry in India. Total returns to shareholders of 31% over the past three years. Reported Earnings • May 24
Full year 2025 earnings released: EPS: ₹0.12 (vs ₹0.057 in FY 2024) Full year 2025 results: EPS: ₹0.12 (up from ₹0.057 in FY 2024). Revenue: ₹9.85m (up 34% from FY 2024). Net income: ₹3.13m (up 108% from FY 2024). Profit margin: 32% (up from 21% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Apr 21
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 5.9% to ₹6.64. The fair value is estimated to be ₹5.38, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has grown by 37%. Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: ₹0.06 (vs ₹0.04 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.06 (up from ₹0.04 in 3Q 2024). Revenue: ₹1.16m (down 60% from 3Q 2024). Net income: ₹1.52m (up 56% from 3Q 2024). 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 5% per year, which means it is significantly lagging earnings growth. New Risk • Nov 27
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 Risks Revenue is less than US$1m (₹8.0m revenue, or US$95k). Market cap is less than US$10m (₹196.5m market cap, or US$2.33m). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (10% net profit margin). New Risk • Nov 15
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 12% Last year net profit margin: 34% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹6.9m revenue, or US$81k). Market cap is less than US$10m (₹173.8m market cap, or US$2.06m). Minor Risk Profit margins are more than 30% lower than last year (12% net profit margin). Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: ₹0.01 (vs ₹0.03 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.01 (down from ₹0.03 in 2Q 2024). Revenue: ₹1.92m (up 208% from 2Q 2024). Net income: ₹161.0k (down 81% from 2Q 2024). Profit margin: 8.4% (down from 135% in 2Q 2024). 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 6% per year, which means it is significantly lagging earnings growth. New Risk • Sep 05
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 Revenue is less than US$1m (₹6.8m revenue, or US$81k). Market cap is less than US$10m (₹178.6m market cap, or US$2.13m). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: ₹0.01 (vs ₹0.01 in 1Q 2024) First quarter 2025 results: EPS: ₹0.01 (in line with 1Q 2024). Revenue: ₹1.70m (up 5.5% from 1Q 2024). Net income: ₹154.0k (down 11% from 1Q 2024). Profit margin: 9.1% (down from 11% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Ankündigung • Aug 05
Usha Martin Education & Solutions Limited to Report Q1, 2025 Results on Aug 13, 2024 Usha Martin Education & Solutions Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Buy Or Sell Opportunity • Jul 31
Now 20% undervalued Over the last 90 days, the stock has risen 58% to ₹8.87. The fair value is estimated to be ₹11.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 69%. Board Change • Jul 01
Insufficient new directors 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. Independent Director Anil Modi was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 30
Full year 2024 earnings released: EPS: ₹0.06 (vs ₹0.024 in FY 2023) Full year 2024 results: EPS: ₹0.06 (up from ₹0.024 in FY 2023). Revenue: ₹10.1m (up 55% from FY 2023). Net income: ₹1.51m (up 138% from FY 2023). Profit margin: 15% (up from 9.7% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Ankündigung • May 22
Usha Martin Education & Solutions Limited to Report Q4, 2024 Results on May 27, 2024 Usha Martin Education & Solutions Limited announced that they will report Q4, 2024 results on May 27, 2024 Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹5.50, the stock trades at a trailing P/E ratio of 62.3x. Average trailing P/E is 38x in the Consumer Services industry in India. Total returns to shareholders of 62% over the past three years. Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: ₹0.04 (vs ₹0.002 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.04 (up from ₹0.002 in 3Q 2023). Revenue: ₹3.02m (up 163% from 3Q 2023). Net income: ₹976.0k (up ₹865.0k from 3Q 2023). Profit margin: 32% (up from 9.7% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 12
Second quarter 2024 earnings released Second quarter 2024 results: EPS: ₹0.03. Revenue: ₹2.31m (down 24% from 2Q 2023). Net income: ₹841.0k (up ₹734.0k from 2Q 2023). Profit margin: 37% (up from 3.5% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Nov 04
Usha Martin Education & Solutions Limited to Report Q2, 2024 Results on Nov 10, 2023 Usha Martin Education & Solutions Limited announced that they will report Q2, 2024 results on Nov 10, 2023 Reported Earnings • Aug 13
First quarter 2024 earnings released First quarter 2024 results: EPS: ₹0.01. Revenue: ₹1.77m (up 28% from 1Q 2023). Net income: ₹173.0k (up 140% from 1Q 2023). Profit margin: 9.8% (up from 5.2% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Aug 12
Usha Martin Education & Solutions Limited Announces Change in CFO The board of directors of Usha Martin Education & Solutions Limited at its meeting held on August 11, 2023, Mr. lndrajit Bandyopadhyay, the former CFO of the Company has resigned from his position due to his urgent personal obligation and the Board has accepted his resignation at the Board Meeting, with immediate effect. Further, Mr. Pinaki Ghosh, an eminent professional has been appointed as CFO of the Company with effect from 11 August 2023, Pursuant to Companies Act, 2013 and Regulation 6(1) of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pinaki Ghosh: Summary: 28 years experience in General administration, New Office set-up, Office car fleet management, events management Cool temperament, team player, excellent in managing relationships Can work under extreme pressure Educational Qualification: Passed Higher Secondary (Commerce) from Goenka College Of Commerce and Business Administration (Calcutta University) in 1980. Passed B.com from Goenka College Of Commerce and Business Administration (Calcutta University) in 1982. Professional Qualification: Passed Bachelor of Law from Calcutta University in 1990. Passed Travel Management from IITM, Calcutta. Computer Proficiency: Well versed in MS-Office and Internet. Professional Experience: Current Employment: January'1996 – onwards; Organisation: USHACOMM INDIA PRIVATE LIMITED; Usha Communications Technology (UshaComm}, a provider of OSS solutions to the telecommunications industry worldwide. The company is headquartered in Reston, Virginia, USA with software development center in India and sales & support offices in North America, Latin America & UK. This is a privately held company. The annual turnover in Fiscal Year 02 was $25 Million. The total staff strength of the company is 500, off which 450 are located in India. Previous Employment: June'1990 - December'1995; Organisation: Lionel Edwards Ltd. (A Leading Travel Agency in Calcutta); Title: Deputy Manager (at the time of leaving) Joined Lionel Edwards Ltd. as Management Trainee in June 1990 Job Handled: Trained in all Departments Related to Domestic and International Travel-Visa, Working Out Itineraries, Competitive fares client Servicing etc. Promoted as Travel Executive and given complete handling of large accounts like Usha Martin Industries Ltd, Ananda Bazar Patrika, Gec-Alsthom etc. Date of Birth: 19 September 1962. Ankündigung • Aug 11
Usha Martin Education & Solutions Limited, Annual General Meeting, Sep 14, 2023 Usha Martin Education & Solutions Limited, Annual General Meeting, Sep 14, 2023, at 12:30 Indian Standard Time. Ankündigung • Aug 05
Usha Martin Education & Solutions Limited to Report Q1, 2024 Results on Aug 11, 2023 Usha Martin Education & Solutions Limited announced that they will report Q1, 2024 results on Aug 11, 2023 New Risk • Jun 12
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 428% 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: Major Risks Revenue is less than US$1m (₹6.6m revenue, or US$80k). Market cap is less than US$10m (₹95.1m market cap, or US$1.15m). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Reported Earnings • May 27
Full year 2023 earnings released: EPS: ₹0.02 (vs ₹0.023 in FY 2022) Full year 2023 results: EPS: ₹0.02. Revenue: ₹8.11m (up 3.4% from FY 2022). Net income: ₹632.8k (up 4.6% from FY 2022). Profit margin: 7.8% (up from 7.7% in FY 2022). The increase in margin was driven by higher revenue. Ankündigung • May 19
Usha Martin Education & Solutions Limited to Report Q4, 2023 Results on May 25, 2023 Usha Martin Education & Solutions Limited announced that they will report Q4, 2023 results on May 25, 2023 Reported Earnings • Feb 14
Third quarter 2023 earnings released: EPS: ₹0.002 (vs ₹0.002 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.002 (in line with 3Q 2022). Revenue: ₹1.54m (up 2.9% from 3Q 2022). Net income: ₹111.0k (up 73% from 3Q 2022). Profit margin: 7.2% (up from 4.3% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Feb 07
Usha Martin Education & Solutions Limited to Report Q3, 2023 Results on Feb 13, 2023 Usha Martin Education & Solutions Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Reported Earnings • Aug 09
First quarter 2023 earnings released First quarter 2023 results: EPS: ₹0.01. Revenue: ₹1.73m (up 31% from 1Q 2022). Net income: ₹72.0k (up 26% from 1Q 2022). Profit margin: 4.2% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹0.02 (vs ₹0.01 in FY 2021) Full year 2022 results: EPS: ₹0.02 (up from ₹0.01 in FY 2021). Revenue: ₹9.07m (up 54% from FY 2021). Net income: ₹605.0k (up 140% from FY 2021). Profit margin: 6.7% (up from 4.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 26
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.002 (vs ₹0.002 in 3Q 2021). Revenue: ₹1.75m (up 2.0% from 3Q 2021). Net income: ₹64.0k (down 46% from 3Q 2021). Profit margin: 3.7% (down from 6.9% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 26
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.002 (vs ₹0.002 in 3Q 2021). Revenue: ₹1.75m (up 2.0% from 3Q 2021). Net income: ₹64.0k (down 46% from 3Q 2021). Profit margin: 3.7% (down from 6.9% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 12
Full year 2021 earnings released: EPS ₹0.01 (vs ₹0.022 in FY 2020) The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: ₹7.16m (flat on FY 2020). Net income: ₹251.9k (down 57% from FY 2020). Profit margin: 3.5% (down from 8.3% in FY 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Mar 31
Woman Non-Executive Director recently bought ₹87k worth of stock On the 26th of March, Gangotri Guha bought around 29k shares on-market at roughly ₹3.00 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Executive Departure • Feb 11
Compliance Officer & Company Secretary has left the company On the 4th of February, Chaitee Baral's tenure as Compliance Officer & Company Secretary ended after 4.2 years in the role. We don't have any record of a personal shareholding under Chaitee's name. A total of 2 executives have left over the last 12 months. Valuation Update With 7 Day Price Move • Dec 09
Market bids up stock over the past week After last week's 16% share price gain to ₹1.45, the stock is trading at a trailing P/E ratio of 62.1x, up from the previous P/E ratio of 53.6x. This compares to an average P/E of 25x in the Consumer Services industry in India. Total return to shareholders over the past three years is a loss of 9.4%. Is New 90 Day High Low • Dec 07
New 90-day high: ₹1.40 The company is up 12% from its price of ₹1.25 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Services industry, which is up 3.0% over the same period. Valuation Update With 7 Day Price Move • Oct 24
Market bids up stock over the past week After last week's 18% share price gain to ₹1.30, the stock is trading at a trailing P/E ratio of 58x, up from the previous P/E ratio of 49.1x. This compares to an average P/E of 36x in the Consumer Services industry in India. Total return to shareholders over the past three years is a loss of 48%. Is New 90 Day High Low • Sep 30
New 90-day low: ₹1.05 The company is down 32% from its price of ₹1.55 on 01 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is down 3.0% over the same period. 