Reported Earnings • Aug 11
First quarter 2027 earnings released: EPS: ₹1.79 (vs ₹1.59 in 1Q 2026) First quarter 2027 results: EPS: ₹1.79 (up from ₹1.59 in 1Q 2026). Revenue: ₹3.77b (up 72% from 1Q 2026). Net income: ₹777.9m (up 16% from 1Q 2026). Profit margin: 21% (down from 31% in 1Q 2026). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 102% per year whereas the company’s share price has increased by 100% per year. Ankündigung • Jul 24
Websol Energy System Limited to Report Q1, 2027 Results on Aug 10, 2026 Websol Energy System Limited announced that they will report Q1, 2027 results on Aug 10, 2026 Reported Earnings • Apr 29
Full year 2026 earnings released: EPS: ₹6.98 (vs ₹3.67 in FY 2025) Full year 2026 results: EPS: ₹6.98 (up from ₹3.67 in FY 2025). Revenue: ₹10.6b (up 84% from FY 2025). Net income: ₹3.03b (up 96% from FY 2025). Profit margin: 29% (up from 27% 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 104% per year but the company’s share price has increased by 138% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹107, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 19x in the Semiconductor industry in India. Total returns to shareholders of 1,093% over the past three years. Ankündigung • Apr 21
Websol Energy System Limited to Report Q4, 2026 Results on Apr 27, 2026 Websol Energy System Limited announced that they will report Q4, 2026 results on Apr 27, 2026 Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹76.19, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 15x in the Semiconductor industry in India. Total returns to shareholders of 820% over the past three years. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 42% After last week's 42% share price gain to ₹74.85, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 15x in the Semiconductor industry in India. Total returns to shareholders of 942% over the past three years. New Risk • Mar 17
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 9.3% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₹67.65, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 17x in the Semiconductor industry in India. Total returns to shareholders of 664% over the past three years. Reported Earnings • Jan 30
Third quarter 2026 earnings released: EPS: ₹1.54 (vs ₹0.98 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.54 (up from ₹0.98 in 3Q 2025). Revenue: ₹2.62b (up 78% from 3Q 2025). Net income: ₹649.8m (up 56% from 3Q 2025). Profit margin: 25% (down from 28% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has increased by 107% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Jan 23
Websol Energy System Limited to Report Q3, 2026 Results on Jan 29, 2026 Websol Energy System Limited announced that they will report Q3, 2026 results on Jan 29, 2026 Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹92.47, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 24x in the Semiconductor industry in India. Total returns to shareholders of 869% over the past three years. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹114, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 31x in the Semiconductor industry in India. Total returns to shareholders of 1,112% over the past three years. New Risk • Nov 06
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 6.8% 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 Risk High level of non-cash earnings (45% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Reported Earnings • Nov 04
Second quarter 2026 earnings released: EPS: ₹10.97 (vs ₹9.95 in 2Q 2025) Second quarter 2026 results: EPS: ₹10.97 (up from ₹9.95 in 2Q 2025). Revenue: ₹1.72b (up 20% from 2Q 2025). Net income: ₹463.2m (up 10% from 2Q 2025). Profit margin: 27% (down from 29% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has increased by 135% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Oct 29
Websol Energy System Limited to Report Q2, 2026 Results on Nov 03, 2025 Websol Energy System Limited announced that they will report Q2, 2026 results on Nov 03, 2025 Ankündigung • Oct 02
Websol Energy System Limited Appoints Mrs. Rupanjana De as Non-Executive Independent Director Websol Energy System Limited in its Annual General Meeting held on 29 September, 2025 approved the appointment of Mrs. Rupanjana De (DIN: 01560140) as Non-Executive Independent Director. Ankündigung • Sep 02
Websol Energy System Limited, Annual General Meeting, Sep 29, 2025 Websol Energy System Limited, Annual General Meeting, Sep 29, 2025. Ankündigung • Sep 01
Websol Energy System Limited Announces Management Changes Websol Energy System Limited announced resignation of Mrs. Sreeram Vasanthi, Non-Executive Director of the Company, with effect from the closure of the business hour of 1st September 2025 and appointment as Chief Technical Officer (CTO) of the Company. Reported Earnings • Aug 12
First quarter 2026 earnings released: EPS: ₹15.92 (vs ₹5.42 in 1Q 2025) First quarter 2026 results: EPS: ₹15.92 (up from ₹5.42 in 1Q 2025). Revenue: ₹2.21b (up 98% from 1Q 2025). Net income: ₹671.8m (up 194% from 1Q 2025). Profit margin: 30% (up from 21% 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 67% per year but the company’s share price has increased by 155% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Aug 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 6.8% 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 Risk Earnings have declined by 23% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Ankündigung • Aug 04
Websol Energy System Limited to Report Q1, 2026 Results on Aug 11, 2025 Websol Energy System Limited announced that they will report Q1, 2026 results on Aug 11, 2025 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹1,351, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 46x in the Semiconductor industry in India. Total returns to shareholders of 1,497% over the past three years. Reported Earnings • May 16
Full year 2025 earnings released: EPS: ₹36.66 (vs ₹29.99 loss in FY 2024) Full year 2025 results: EPS: ₹36.66 (up from ₹29.99 loss in FY 2024). Revenue: ₹5.77b (up ₹5.52b from FY 2024). Net income: ₹1.55b (up ₹2.76b from FY 2024). Profit margin: 27% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 147% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • May 10
Websol Energy System Limited to Report Q4, 2025 Results on May 15, 2025 Websol Energy System Limited announced that they will report Q4, 2025 results at 12:15 PM, Indian Standard Time on May 15, 2025 New Risk • Apr 17
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 10.0% 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 Risk Share price has been highly volatile over the past 3 months (10.0% average weekly change). Minor Risk High level of debt (60% net debt to equity). Ankündigung • Mar 18
Websol Energy System Limited Appoints Shailesh Kumar Mishra as an Independent Director Websol Energy System Limited approved to appoint Mr. Shailesh Kumar Mishra as an Independent Director of the Company for the first term of 5 years. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹890, the stock trades at a trailing P/E ratio of 76.5x. Average trailing P/E is 44x in the Semiconductor industry in India. Total returns to shareholders of 818% over the past three years. Ankündigung • Feb 07
Websol Energy System Limited announces Board Changes Websol Energy System Limited announced retirement of Mr. Deven Kaushik (Din: 07096599) as Non-Executive Independent Director on completion of tenure of 2nd Term of 5 years, effective from 10 February 2025. Announced resignation of Mr. Kushal Agarwal (Din: 10266809) as Non-Executive Independent Director Due to certain emerging unavoidable personal situations, effective from 6 February 2025. Reported Earnings • Feb 07
Third quarter 2025 earnings released: EPS: ₹9.85 (vs ₹13.83 loss in 3Q 2024) Third quarter 2025 results: EPS: ₹9.85 (up from ₹13.83 loss in 3Q 2024). Revenue: ₹1.48b (up ₹1.47b from 3Q 2024). Net income: ₹415.6m (up ₹962.0m from 3Q 2024). Profit margin: 28% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 128% per year, which means it is well ahead of earnings. Ankündigung • Jan 29
Websol Energy System Limited to Report Q3, 2025 Results on Feb 06, 2025 Websol Energy System Limited announced that they will report Q3, 2025 results on Feb 06, 2025 Reported Earnings • Oct 30
Second quarter 2025 earnings released: EPS: ₹15.37 (vs ₹1.02 loss in 2Q 2024) Second quarter 2025 results: EPS: ₹15.37 (up from ₹1.02 loss in 2Q 2024). Revenue: ₹1.44b (up ₹1.44b from 2Q 2024). Net income: ₹419.8m (up ₹459.3m from 2Q 2024). Profit margin: 29% (up from net loss in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 270 percentage points per year, which is a significant difference in performance. Ankündigung • Oct 23
Websol Energy System Limited to Report Q2, 2025 Results on Oct 29, 2024 Websol Energy System Limited announced that they will report Q2, 2025 results on Oct 29, 2024 Ankündigung • Sep 02
Websol Energy System Limited, Annual General Meeting, Sep 28, 2024 Websol Energy System Limited, Annual General Meeting, Sep 28, 2024. Reported Earnings • Aug 04
First quarter 2025 earnings released: EPS: ₹5.42 (vs ₹1.29 loss in 1Q 2024) First quarter 2025 results: EPS: ₹5.42 (up from ₹1.29 loss in 1Q 2024). Revenue: ₹1.12b (up ₹1.12b from 1Q 2024). Net income: ₹228.8m (up ₹278.8m from 1Q 2024). Profit margin: 21% (up from net loss in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 239 percentage points per year, which is a significant difference in performance. Ankündigung • Jul 27
Websol Energy System Limited to Report Q1, 2025 Results on Aug 03, 2024 Websol Energy System Limited announced that they will report Q1, 2025 results on Aug 03, 2024 Board Change • Jun 06
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Additional Non-Executive Independent Directors Kushal Agarwal 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. Reported Earnings • Jun 04
Full year 2024 earnings released: ₹29.99 loss per share (vs ₹6.31 loss in FY 2023) Full year 2024 results: ₹29.99 loss per share (further deteriorated from ₹6.31 loss in FY 2023). Net loss: ₹1.21b (loss widened 411% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 258 percentage points per year, which is a significant difference in performance. Ankündigung • May 26
Websol Energy System Limited to Report Q4, 2024 Results on May 29, 2024 Websol Energy System Limited announced that they will report Q4, 2024 results on May 29, 2024 Ankündigung • Apr 12
Websol Energy System Limited announced that it expects to receive funding from Websol Green Projects Private Limited Websol Energy System Limited announced a private placement to issue 1,210,000 convertible pre-paid warrants on April 11, 2024. The transaction will include participation from returning investor Websol Green Projects Private Limited. The transaction has been approved by the shareholders of the company. Ankündigung • Mar 01
Websol Energy System Limited Announces Resignation of Sumit Kumar Shaw as Company Secretary and Compliance Officer Websol Energy System Limited informed that Mr. Sumit Kumar Shaw has tendered his resignation from the post of Company Secretary and Compliance Officer effective close of working hours on 29th February, 2024. New Risk • Mar 01
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 9.7% 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 Share price has been highly volatile over the past 3 months (9.7% average weekly change). Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m (₹11m revenue, or US$133k). Minor Risk Shareholders have been diluted in the past year (8.8% increase in shares outstanding). Reported Earnings • Jan 26
Third quarter 2024 earnings released: ₹13.83 loss per share (vs ₹1.79 loss in 3Q 2023) Third quarter 2024 results: ₹13.83 loss per share (further deteriorated from ₹1.79 loss in 3Q 2023). Net loss: ₹546.4m (loss widened ₹478.1m from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 222 percentage points per year, which is a significant difference in performance. Ankündigung • Jan 25
Websol Energy System Limited Announces Resignation of Mr. Dharmendra Sethia as Non-Executive Independent Director Websol Energy System Limited announced that take note of the resignation of Mr. Dharmendra Sethia as Non-Executive Independent Director of the company with effect from January 25, 2024, at the board meeting held on January 25, 2024. Ankündigung • Jan 12
Websol Energy System Limited to Report Q3, 2024 Results on Jan 19, 2024 Websol Energy System Limited announced that they will report Q3, 2024 results on Jan 19, 2024 New Risk • Dec 07
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 8.8% 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 Risk Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risks Shareholders have been diluted in the past year (8.8% increase in shares outstanding). Revenue is less than US$5m (₹142m revenue, or US$1.7m). Ankündigung • Nov 07
Websol Energy System Limited to Report Q2, 2024 Results on Nov 14, 2023 Websol Energy System Limited announced that they will report Q2, 2024 results on Nov 14, 2023 New Risk • Oct 18
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 7.5% 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 Share price has been volatile over the past 3 months (7.5% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Revenue is less than US$5m (₹142m revenue, or US$1.7m). Ankündigung • Sep 06
Websol Energy System Limited Announces Executive Changes Websol Energy System Limited at Board meeting held on 5th September, 2023 had approved the appointment of Ms. Sanjana Khaitan with effect from 5 September, 2023 as a Chief Financial officer of the Company to fill the Casual Vacancy, arisen due to resignation of Mr. Sumit Kumar Shaw. Ms. Sanjana Khaitan has done Bachelor of Commerce (Honours) from Shri Ram College of Commerce, University of Delhi, India, 2015 - 2018. She has also completed her Master of Finance from Judge Business School, University of Cambridge, UK, 2021 - 2022. She had the experience of working earlier in J. P. Morgan, Mumbai, India, a Multinational Investment Bank and Financial Services Holding Company (Jan 2019 - Apr. 2021). She had also worked as an Investment Banking Analyst (Centralized Research Group), Financial Institutions Group East Asia. Reported Earnings • Aug 15
First quarter 2024 earnings released: ₹1.29 loss per share (vs ₹2.08 loss in 1Q 2023) First quarter 2024 results: ₹1.29 loss per share (improved from ₹2.08 loss in 1Q 2023). Net loss: ₹50.0m (loss narrowed 34% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 162 percentage points per year, which is a significant difference in performance. Ankündigung • Aug 07
Websol Energy System Limited to Report Q1, 2024 Results on Aug 14, 2023 Websol Energy System Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Ankündigung • Jun 07
Websol Energy System Limited Announces Resignation of Sumit Kumar Shaw as Chief Financial Officer Websol Energy System Limited announced that Mr. Sumit Kumar Shaw, has resigned from the position of the Chief Financial Officer of the Company w.e.f. 6thJune, 2023, due to personal reasons. Reported Earnings • Jun 01
Full year 2023 earnings released: ₹6.31 loss per share (vs ₹2.91 profit in FY 2022) Full year 2023 results: ₹6.31 loss per share (down from ₹2.91 profit in FY 2022). Net loss: ₹236.7m (down 345% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 81% per year, which means it is well ahead of earnings. Ankündigung • May 23
Websol Energy System Limited to Report Q4, 2023 Results on May 30, 2023 Websol Energy System Limited announced that they will report Q4, 2023 results on May 30, 2023 Ankündigung • May 16
Websol Energy System Limited announced that it expects to receive INR 147 million in funding from S L Industries PVT Ltd, Websol Green Projects Pvt Ltd Websol Energy System Limited announced a private placement of up to 1,400,000 equity shares at a price of INR 105 per share for gross proceeds of INR 147,000,000 on May 15, 2023. The transaction will include participation from new investors, Websol Green Projects Pvt Ltd and S L Industries PVT Ltd. The securities will be issued on preferential basis. The notice to convene the extra ordinary general meeting to be held on Wednesday, June 28, 2023. The transaction has been approved by the board of directors of the company. The transaction is subject to the approval of the Stock Exchanges and Members in compliance of sections 42 & 62 of the Companies Act, 2013 to the extant rules notified and other applicable rules and regulations thereto. Ankündigung • May 06
Websol Energy System Limited Announces Resignation of Mr. Gopal Mohan Kedia as Non-Executive Independent Director Websol Energy System Limited announced that Mr. Gopal Mohan Kedia the Non-Executive Independent Director of the Company, has resigned from the said position with effect from 5th May, 2023. Reported Earnings • Feb 15
Third quarter 2023 earnings released: ₹1.79 loss per share (vs ₹0.61 profit in 3Q 2022) Third quarter 2023 results: ₹1.79 loss per share (down from ₹0.61 profit in 3Q 2022). Revenue: ₹3.30m (down 99% from 3Q 2022). Net loss: ₹68.3m (down 440% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings. Ankündigung • Feb 07
Websol Energy System Limited to Report Q3, 2023 Results on Feb 14, 2023 Websol Energy System Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Board Change • Dec 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Executive Director Sanjana Khaitan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 18
Second quarter 2023 earnings released: ₹1.06 loss per share (vs ₹1.10 profit in 2Q 2022) Second quarter 2023 results: ₹1.06 loss per share (down from ₹1.10 profit in 2Q 2022). Revenue: ₹135.5m (down 77% from 2Q 2022). Net loss: ₹38.8m (down 196% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 26
First quarter 2023 earnings released: ₹2.08 loss per share (vs ₹1.00 profit in 1Q 2022) First quarter 2023 results: ₹2.08 loss per share (down from ₹1.00 profit in 1Q 2022). Revenue: ₹38.0m (down 91% from 1Q 2022). Net loss: ₹76.1m (down 344% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹76.75, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 50x in the Semiconductor industry in India. Total returns to shareholders of 163% over the past three years. Board Change • Jun 09
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Vishal Patodia was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 04
Full year 2022 earnings released: EPS: ₹2.91 (vs ₹22.11 in FY 2021) Full year 2022 results: EPS: ₹2.91 (down from ₹22.11 in FY 2021). Revenue: ₹2.13b (up 39% from FY 2021). Net income: ₹96.7m (down 86% from FY 2021). Profit margin: 4.5% (down from 44% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 18% share price gain to ₹109, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 72x in the Semiconductor industry in India. Total returns to shareholders of 300% over the past three years. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues in line with analyst expectations Third quarter 2022 results: Revenue: ₹504.8m (up 5.7% from 3Q 2021). Net income: ₹20.1m (down 96% from 3Q 2021). Profit margin: 4.0% (down from 112% in 3Q 2021). The decrease in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has only increased by 71% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 54% share price gain to ₹149, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 51x in the Semiconductor industry in India. Total returns to shareholders of 433% over the past three years. Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment improved over the past week After last week's 18% share price gain to ₹84.35, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 41x in the Semiconductor industry in India. Total returns to shareholders of 214% over the past three years. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS ₹1.10 (vs ₹2.31 in 2Q 2021) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹593.0m (up 51% from 2Q 2021). Net income: ₹40.4m (down 43% from 2Q 2021). Profit margin: 6.8% (down from 18% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improved over the past week After last week's 22% share price gain to ₹78.30, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 28x in the Semiconductor industry in India. Total returns to shareholders of 116% 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 18% share price gain to ₹75.70, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 29x in the Semiconductor industry in India. Total returns to shareholders of 76% over the past three years. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improved over the past week After last week's 22% share price gain to ₹64.60, the stock trades at a trailing P/E ratio of 2.8x. Average trailing P/E is 63x in the Semiconductor industry in India. Total returns to shareholders of 42% over the past three years.