Board Change • May 04
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. 2 experienced directors. 2 highly experienced directors. MD & Director Venkanna Konda was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Mar 23
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. 2 experienced directors. 2 highly experienced directors. MD & Director Venkanna Konda was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Feb 16
Third quarter 2026 earnings released: ₹4.42 loss per share (vs ₹4.85 loss in 3Q 2025) Third quarter 2026 results: ₹4.42 loss per share (improved from ₹4.85 loss in 3Q 2025). Revenue: ₹183.1m (up ₹161.1m from 3Q 2025). Net loss: ₹20.8m (loss narrowed 8.9% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings. Ankündigung • Feb 09
Raasi Refractories Limited to Report Q3, 2026 Results on Feb 14, 2026 Raasi Refractories Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 14, 2026 Board Change • Feb 02
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. 2 experienced directors. 2 highly experienced directors. MD & Director Venkanna Konda was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Ankündigung • Nov 11
Raasi Refractories Limited to Report Q2, 2026 Results on Nov 14, 2025 Raasi Refractories Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 14, 2025 Board Change • Nov 03
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. 2 experienced directors. 2 highly experienced directors. MD & Director Venkanna Konda was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Ankündigung • Sep 08
Raasi Refractories Limited, Annual General Meeting, Sep 30, 2025 Raasi Refractories Limited, Annual General Meeting, Sep 30, 2025, at 10:30 Indian Standard Time. Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: ₹0.59 (vs ₹1.09 loss in 1Q 2025) First quarter 2026 results: EPS: ₹0.59 (up from ₹1.09 loss in 1Q 2025). Revenue: ₹108.4m (up 11% from 1Q 2025). Net income: ₹2.76m (up ₹7.88m from 1Q 2025). Profit margin: 2.5% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Aug 06
Raasi Refractories Limited to Report Q1, 2026 Results on Aug 14, 2025 Raasi Refractories Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Board Change • Jul 14
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. 4 experienced directors. No highly experienced directors. Director Venkanna Konda was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹0.19 (vs ₹0.63 in FY 2024) Full year 2025 results: EPS: ₹0.19 (down from ₹0.63 in FY 2024). Revenue: ₹367.3m (down 8.9% from FY 2024). Net income: ₹891.0k (down 70% from FY 2024). Profit margin: 0.2% (down from 0.7% 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 2% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • May 23
Raasi Refractories Limited to Report Q4, 2025 Results on May 30, 2025 Raasi Refractories Limited announced that they will report Q4, 2025 results on May 30, 2025 Board Change • May 19
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. 4 experienced directors. No highly experienced directors. Director Venkanna Konda was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Apr 15
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. 4 experienced directors. No highly experienced directors. Director Venkanna Konda was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Ankündigung • Mar 29
Raasi Refractories Limited Announces Resignation of Padma Konda as Additional Director Raasi Refractories Limited announced that Mrs. Padma Konda Additional Director of the Company, vide Resignation Letter dated March 29, 2025, resigned from the position of Additional Director, due to his pre-occupation in other works with effect from close of business hours on March 29, 2025. Board Change • Mar 20
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. 4 experienced directors. No highly experienced directors. Director Venkanna Konda was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Feb 15
Third quarter 2025 earnings released: ₹4.85 loss per share (vs ₹4.21 loss in 3Q 2024) Third quarter 2025 results: ₹4.85 loss per share (further deteriorated from ₹4.21 loss in 3Q 2024). Revenue: ₹28.3m (down 64% from 3Q 2024). Net loss: ₹22.8m (loss widened 15% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 11% per year. Ankündigung • Feb 07
Raasi Refractories Limited to Report Q3, 2025 Results on Feb 14, 2025 Raasi Refractories Limited announced that they will report Q3, 2025 results on Feb 14, 2025 New Risk • Dec 20
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₹425m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-₹132m). Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (₹101.8m market cap, or US$1.20m). Minor Risk Revenue is less than US$5m (₹425m revenue, or US$5.0m). New Risk • Nov 16
New major risk - Revenue and earnings growth Earnings have declined by 11% 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 Shares are highly illiquid. Negative equity (-₹132m). Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (₹97.3m market cap, or US$1.15m). Ankündigung • Sep 13
Raasi Refractories Limited, Annual General Meeting, Sep 30, 2024 Raasi Refractories Limited, Annual General Meeting, Sep 30, 2024, at 11:00 Indian Standard Time. Reported Earnings • Aug 15
First quarter 2025 earnings released: ₹1.09 loss per share (vs ₹4.77 loss in 1Q 2024) First quarter 2025 results: ₹1.09 loss per share (improved from ₹4.77 loss in 1Q 2024). Revenue: ₹105.3m (up 350% from 1Q 2024). Net loss: ₹5.12m (loss narrowed 77% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Ankündigung • Aug 09
Raasi Refractories Limited to Report Q1, 2025 Results on Aug 14, 2024 Raasi Refractories Limited announced that they will report Q1, 2025 results on Aug 14, 2024 New Risk • Jun 10
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Shares are highly illiquid. Negative equity (-₹133m). Market cap is less than US$10m (₹190.6m market cap, or US$2.28m). Minor Risks Profit margins are more than 30% lower than last year (0.7% net profit margin). Revenue is less than US$5m (₹403m revenue, or US$4.8m). Ankündigung • May 25
Raasi Refractories Limited to Report Q4, 2024 Results on May 30, 2024 Raasi Refractories Limited announced that they will report Q4, 2024 results on May 30, 2024 Reported Earnings • Feb 17
Third quarter 2024 earnings released Third quarter 2024 results: ₹4.21 loss per share. Revenue: ₹77.9m (down 52% from 3Q 2023). Net loss: ₹19.9m (down ₹22.9m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 71% per year, which means it is significantly lagging earnings growth. Ankündigung • Feb 07
Raasi Refractories Limited to Report Q3, 2024 Results on Feb 14, 2024 Raasi Refractories Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Nov 18
Second quarter 2024 earnings released: EPS: ₹9.66 (vs ₹3.13 loss in 2Q 2023) Second quarter 2024 results: EPS: ₹9.66 (up from ₹3.13 loss in 2Q 2023). Revenue: ₹169.1m (up 52% from 2Q 2023). Net income: ₹45.5m (up ₹60.3m from 2Q 2023). Profit margin: 27% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue. Ankündigung • Sep 07
Raasi Refractories Limited, Annual General Meeting, Sep 30, 2023 Raasi Refractories Limited, Annual General Meeting, Sep 30, 2023, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the audited financial statements of the company for the financial year ended 31 March, 2023 together with the reports of the Board of Directors and the auditors thereon; To appoint a director in place of Smt. Soujanya Konda, who retires by rotation and being eligible, offers herself for reappointment. Reported Earnings • Aug 20
First quarter 2024 earnings released: ₹4.77 loss per share (vs ₹5.33 loss in 1Q 2023) First quarter 2024 results: ₹4.77 loss per share (improved from ₹5.33 loss in 1Q 2023). Revenue: ₹23.4m (down 74% from 1Q 2023). Net loss: ₹22.5m (loss narrowed 11% from 1Q 2023). Ankündigung • Aug 10
Raasi Refractories Limited to Report Q1, 2024 Results on Aug 14, 2023 Raasi Refractories Limited announced that they will report Q1, 2024 results on Aug 14, 2023 New Risk • Jul 19
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₹228m (US$2.8m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-₹136m). Market cap is less than US$10m (₹35.3m market cap, or US$429.5k). Minor Risks Revenue is less than US$5m (₹228m revenue, or US$2.8m). Reported Earnings • Jul 19
Full year 2023 earnings released: EPS: ₹9.65 (vs ₹2.44 in FY 2022) Full year 2023 results: EPS: ₹9.65 (up from ₹2.44 in FY 2022). Revenue: ₹228.4m (down 64% from FY 2022). Net income: ₹45.5m (up 295% from FY 2022). Profit margin: 20% (up from 1.8% in FY 2022). The increase in margin was driven by lower expenses. Ankündigung • Jul 14
Raasi Refractories Limited to Report Q4, 2023 Results on Jul 19, 2023 Raasi Refractories Limited announced that they will report Q4, 2023 results on Jul 19, 2023 Reported Earnings • Feb 17
Third quarter 2023 earnings released Third quarter 2023 results: EPS: ₹0.06. Revenue: ₹160.8m (down 15% from 3Q 2022). Net income: ₹3.05m (up ₹2.96m from 3Q 2022). Profit margin: 1.9% (up from 0% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 142 percentage points per year, which is a significant difference in performance. Ankündigung • Feb 07
Raasi Refractories Limited to Report Q3, 2023 Results on Feb 14, 2023 Raasi Refractories Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Ankündigung • Sep 07
Raasi Refractories Limited, Annual General Meeting, Sep 30, 2022 Raasi Refractories Limited, Annual General Meeting, Sep 30, 2022, at 14:30 Indian Standard Time. Agenda: To receive, consider and adopt the audited financial statements of the company for the financial year ended 31 March, 2022 together with the reports of the Board of Directors and the auditors thereon; to consider directorate reelections; and to consider other matters. Reported Earnings • Aug 18
First quarter 2023 earnings released: ₹5.33 loss per share (vs ₹0.26 profit in 1Q 2022) First quarter 2023 results: ₹5.33 loss per share (down from ₹0.26 profit in 1Q 2022). Revenue: ₹93.5m (down 6.1% from 1Q 2022). Net loss: ₹25.1m (down ₹26.4m from profit in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 131 percentage points per year, which is a significant difference in performance. Ankündigung • Aug 07
Raasi Refractories Limited to Report Q1, 2023 Results on Aug 13, 2022 Raasi Refractories Limited announced that they will report Q1, 2023 results on Aug 13, 2022 Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improved over the past week After last week's 27% share price gain to ₹17.39, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 16x in the Basic Materials industry in India. Total returns to shareholders of 234% over the past three years. Reported Earnings • Jun 04
Full year 2022 earnings released Full year 2022 results: Revenue: ₹629.5m (up 201% from FY 2021). Net income: ₹11.5m (up 228% from FY 2021). Profit margin: 1.8% (in line with FY 2021). Ankündigung • May 26
Raasi Refractories Limited to Report Q4, 2022 Results on May 30, 2022 Raasi Refractories Limited announced that they will report Q4, 2022 results on May 30, 2022 Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹13.55, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 15x in the Basic Materials industry in India. Total returns to shareholders of 192% over the past three years. Ankündigung • May 05
Raasi Refractories Limited Announces Executive Changes The Board of Directors of Raasi Refractories Limited at their meeting held 4 May, 2022, announced resignation of Mr. Venkanna Konda as the Managing Director of the Company, Date of Cessation 04th May, 2022. Appointment of Mr. Laxmaiah Konda as the Managing Director of the Company. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹17.50, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 16x in the Basic Materials industry in India. Total returns to shareholders of 224% over the past three years. Board Change • Apr 27
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. 5 experienced directors. No highly experienced directors. MD & Director Venkanna Konda was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹14.75, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 16x in the Basic Materials industry in India. Total returns to shareholders of 126% over the past three years. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improved over the past week After last week's 16% share price gain to ₹14.92, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 16x in the Basic Materials industry in India. Total returns to shareholders of 99% over the past three years. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹14.05, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 15x in the Basic Materials industry in India. Total returns to shareholders of 51% over the past three years. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues in line with analyst expectations Third quarter 2022 results: Revenue: ₹189.2m (up ₹161.2m from 3Q 2021). Net income: ₹91.0k (down 92% from 3Q 2021). Profit margin: 0% (down from 4.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improved over the past week After last week's 21% share price gain to ₹18.10, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 15x in the Basic Materials industry in India. Total returns to shareholders of 36% over the past three years. Ankündigung • Feb 08
Raasi Refractories Limited to Report Q3, 2022 Results on Feb 14, 2022 Raasi Refractories Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 15% share price gain to ₹13.67, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 18x in the Basic Materials industry in India. Total returns to shareholders of 34% over the past three years. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improved over the past week After last week's 19% share price gain to ₹9.53, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 16x in the Basic Materials industry in India. Total returns to shareholders of 2.7% over the past three years. Reported Earnings • Nov 26
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ₹0.47 (up from ₹0.099 in 2Q 2021). Revenue: ₹199.2m (up ₹167.2m from 2Q 2021). Net income: ₹2.23m (up 380% from 2Q 2021). Profit margin: 1.1% (down from 1.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹10.92, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 17x in the Basic Materials industry in India. Total returns to shareholders of 81% over the past three years. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹12.08, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 18x in the Basic Materials industry in India. Total returns to shareholders of 110% over the past three years. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improved over the past week After last week's 26% share price gain to ₹12.45, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 18x in the Basic Materials industry in India. Total returns to shareholders of 139% over the past three years. Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹11.50, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 21x in the Basic Materials industry in India. Total returns to shareholders of 193% over the past three years. Reported Earnings • Jul 21
Full year 2021 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹209.1m (down 57% from FY 2020). Net income: ₹3.51m (down 71% from FY 2020). Profit margin: 1.7% (down from 2.5% in FY 2020). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 16% share price gain to ₹8.37, the stock trades at a trailing P/E ratio of 3.7x. Average trailing P/E is 18x in the Basic Materials industry in India. Total returns to shareholders of 134% over the past three years. Executive Departure • Apr 13
Director has left the company On the 5th of April, Ramakrishna Konda's tenure as Director ended after 2.8 years in the role. We don't have any record of a personal shareholding under Ramakrishna's name. Ramakrishna is the only executive to leave the company over the last 12 months. Reported Earnings • Feb 17
Third quarter 2021 earnings released The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₹28.0m (down 87% from 3Q 2020). Net income: ₹1.19m (up 26% from 3Q 2020). Profit margin: 4.2% (up from 0.5% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improved over the past week After last week's 21% share price gain to ₹4.65, the stock is trading at a trailing P/E ratio of 2x, up from the previous P/E ratio of 1.7x. This compares to an average P/E of 14x in the Basic Materials industry in India. Total returns to shareholders over the past three years are 5.7%. Ankündigung • Feb 07
Raasi Refractories Limited to Report Q3, 2021 Results on Feb 12, 2021 Raasi Refractories Limited announced that they will report Q3, 2021 results on Feb 12, 2021